Real Estate

Unexpected Moving Costs

7 Unexpected Costs Of Moving To A New Home

Real Estate / By / 6 minutes of reading

No matter how well you plan your budget, unexpected costs of moving to a new home can happen and mess up your plans. However, there are ways to prepare in a way that will keep your move cheap and within your budget. To help you, we’ve composed a list of the most common costs people don’t expect. By knowing what you can expect, you can set funds aside to complete your move without feeling stressed and overwhelmed.

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Downsizing

Is Downsizing Right for You?

Real Estate / By / 5 minutes of reading

There are a variety of reasons one might choose to downsize. Some do it because it’s easier to maintain smaller homes, while others do it to save significant amounts of money in the long run. Children moving out of the home is a common reason, as well. But, no matter the reason, smaller houses mean smaller bills. That’s a fact. So, if you want to live a simpler life, you may choose to sell some of your furniture and other possessions and move to a smaller home.

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Lucrative Investment Properties

Secrets for Lucrative Investment Properties

Real Estate / By / 4 minutes of reading

So you’re planning to buy your first rental property? Congratulations! This is a massive step for any investor. Although rental investments are considered a passive income-generating machine there is still some work involved. So, before you can find lucrative investment properties and live out your empire-building dreams, you need to start with the basics.

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A Unique Way to Create Extra Income

Real Estate / By / 5 minutes of reading

Are you looking for a unique way to generate some extra income? Well, this isn’t for everyone but if you happen to be lucky enough to be in the right place at the right time it could be a fun moneymaker. In the old days, most movies were filmed on soundstages. But these days, filmmakers want the look of authenticity so they like to shoot on location. Even though they may not film entirely on location, they like to film at least the exterior scenes on location and then recreate the interiors in the studio.

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Renting Rooms

Tips For Renting Out a Room In Your House

Real Estate / By / 5 minutes of reading

Being a homeowner can be fantastic. You have the house to yourself, and you get to make the rules. However, sometimes we may face financial difficulties. Houses need repairs, renovations, and mortgage payments. So, to address these issues, we may have to be resourceful in finding ways to make some extra money. If you have some spare space, you might want to consider renting out a room in your house. For those of you who are new to this, here are some tips on doing it most efficiently.

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Selling Rental Property

The Complete Guide to Selling Rental Property

Real Estate / By / 5 minutes of reading

There are many different reasons why you might decide to sell your rental property. You could be tired of being a landlord, you might want to buy a second home, or you might be in dire need of some quick cash. No matter the circumstances, there are a few steps to follow if you decide to go down this road. The good news is that selling a rental property will be much like selling your typical residence – with a few tweaks here and there. You don’t have to struggle to find out what they are, as we are more than happy to share them with you.

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House hacking

Best Real Estate Investments for First-Timers

Real Estate / By / 6 minutes of reading

Historically real estate investments have been American’s best long-run investment.  However, this has been primarily for their own residence. Homeownership is considered a low-risk investment that has a high potential for return and growth. However, starting out with other types of property investments seems challenging and complicated. Luckily, when you

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Downsizing my home

Downsizing to Pay Off a Mortgage – Is it a Good Idea?

Real Estate / By / 5 minutes of reading

Being in debt is never pretty. Most people desire to own their own property at some point in their lives. Once that happens, those same people will probably have to take out a mortgage in order to be able to afford a house. That’s just the way things work. Of course, later on, if you are in a good state financially, you can even decide to buy a second house. It doesn’t matter how many properties you own – unpredictable circumstances, such as losing your job, could shake you up financially. That’s when you will start to look for a way out of your debt. Once that thought starts swarming around your head, the thought of downsizing to pay off a mortgage is bound to follow. But is downsizing a good idea? Well, there are probably a lot of expenses involved that you haven’t considered.

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