If you are thinking about getting into the landlord business, beginning early is an advantage. A term called house-hacking refers to buying a multifamily property with an owner-occupied mortgage. You then live in one of the units while you rent the other units out to other people. Beginning early means you get a longer time […]
In a recent annual Gallup poll that started in 2002, 35 percent of the respondents said real estate was the best long-term investment option compared to 27 percent who choose stocks. Although the top choices were real estate, stocks, savings accounts and buying gold, respondents had the most confidence in homes as investments. Even with […]
A natural investment alternative for you as a homeowner is rental homes. Because you already own a home and are familiar with them, you realize that the maintenance on a rental home is not that different from your own home. You can use the same painters, plumbers and other contractors that you use on your […]
The Federal Reserve did a report on Consumer Finances. It reported that homeowners’ net worth is 36 time greater than the net worth of renters. Additionally, the National Association of Realtors® has predicted that at the end of 2015, homeowners’ net worth will be 41 times greater than that of renters. Considering all the factors […]
