Is a Home an Investment?
Is a home an investment? The majority of voters in a recent LinkedIn poll think so! However, it’s worth a deeper dive.
Raise Rent on Parents?
Does it make sense to raise the parents’ rent?
Investing in or Betting on Real Estate?
I know many people betting on real estate. They’re not investing! What’s the difference? Profitability. Someone's home is not an investment. It's a lifestyle! If it were an investment it'd be crazy expensive. This article explores these and many other real estate misconceptions as well as frameworks.
Could an All In One Mortgage Cost an Extra $270,000?
A first-time homebuyer I met was excited about an all in one mortgage.
Comparing apples to apples, the all in one mortgage would cost an additional $270,000 over the life of the loan:
~$40,000 higher downpayment
~$650 higher monthly payment
Charge Market Rent!
Many clients who own investment real estate undercharge for rent.
Few things can improve profitability and cash flow like a reasonable price increase.
A change may lift profitability for as long as someone owns the home. It also raises the value of the property for investors looking to buy!
Charging below market isn't doing tenants any long-term favors.