Our world is in constant motion today, which means things are always changing, some for the good and some for the bad. Technology is taking off like a rocket, allowing almost all of us to have the most up-to-date news at our fingertips at all times. New jobs are opening up each and every day […]
Happy turkey month everyone! I hope you had a fun Halloween and are charging into the new month full steam. I have some personal financial news to share and want to give you guys a preview of a new project I’m cooking up. What’s Eric Up To Nearly a year ago, I packed up and […]
Are you thinking about buying your very first home? If so, it must be an exciting time for you! Be cautious though. Once you start looking for your perfect home, it can be easy to fall in love with something that is out of your price range and does not allow you to put 20% […]
Are you interested in buying rental property for an additional income? I have been thinking about making a purchase like this for quite some time and am nearly ready to pull the trigger. For the past year or so, I have been researching and planning for a single family home purchase. After all of my […]
If you pick up the Wall Street Journal on any particular day, you might find an article that mentions HELOCs. You probably see that word on a poster or rate board at your local bank as well. You might get something in the mail (or e-mail) from your credit union advertising the best HELOC rates around. That is all great if you know what a HELOC is. Consider this post HELOCs for dummies.
Now is a great time to buy a home. Housing prices have fallen in many parts of the country. Interest rates are at record lows.
Have you ever thought about flipping houses on the side? Or maybe you’ve always wanted to buy real estate and rent out your property to make a consistent semi-passive monthly income? Both strategies can potentially make money, but is one option better than the other?
As of this writing, I am in the midst of selling my condo and anxiously await the closing. But just five months ago, I thought that today I would be a landlord renting out my condo in Denver while living in Portland bringing in about $500 a month in profit to help me live the […]
I often get asked how my family is able to keep our grocery bill so low. We have a family of five and are able to easily stay within our budget of $475 per month, often with some left over at the end of the month. I readily admit that it can be difficult to […]
Have you ever tackled any Do-It-Yourself projects? I bought a foreclosed house in 2011 and had never before done any sort of construction work on my own. But, thanks to YouTube and my new-found friends at Lowes, I was actually able to figure out quite a lot.
Do you realize how many types of mortgages are offered today? You most likely know about some of the most common, but what are the true details of these mortgage types? And what are the other types of mortgages that are offered? Is your mortgage right for your situation? Let’s first explore the various types […]
Buying a home can be intimidating. In September, 2011, I bought my first home. I went through the process to find a place, get a mortgage, and close with the help and support of a great Realtor and my own local market knowledge. Below you will find the full guide to how I found a […]