Tag Archives: HomeOwner

3 Real Estate Investment Tips for Beginners

With an especially unpredictable securities market in recent years, real estate investment can be an attractive option. There are plenty of people out there making good money, but this isn’t as easy as it looks. There is a right and a wrong way to go about it. Here’s a look at how to get started. 3 Real Estate Investment Tips for Beginners Have a plan: You need to set a clear plan for your investment. This means knowing how long you are willing to hold the home, what you are able to spend and even setting expectations for how much you can realistically earn. If your plan is to flip the house for a quick profit, in most cases, you should probably reset your expectations. Real estate tends to be a slow but reliable way to build wealth, especially since the housing crisis. Start small: The desire to jump in…
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Are You Ready to Own a Home? How to Know it’s Time

If you are getting tired of renting, you might be wondering if you are ready to own a home. The decision to purchase a house is the largest financial choice most Americans make in their lifetime. It’s important you know you can handle it before you take the plunge. Here’s a look at the major signs that you are ready start house hunting. 4 Signs You’re Ready to Own a Home You have established credit: If you have bad credit, it’s a usually a sign you aren’t ready to buy a house. If you are already struggling to pay current bills, adding a mortgage might be too much. Good credit will not only help you get a loan; it’s also a sign you’ve learned valuable money management skills. Job security isn’t an issue: Having a job that can pay the mortgage is obviously important, but you should also consider how…
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