Weekend Millionaire’s Tips for Real Estate Investing
This is a guest post written by Corey @ 20′s Finances. He writes a personal finance blog where he provides valuable information for those new to managing their finances. Corey offers advice on investing, as well as providing creative ways to save money. Have you ever wondered what it takes to invest in real estate? Perhaps you would like to know more about it before committing a lot of time and money. That was my approach when it came to real estate investing. One of the books that I...
Read MoreSave Money with a Home Warranty
Owning a home is a big responsibility, not only financially, but maintenance wise as well. Your financial responsibility doesn’t stop with your mortgage payments; there’s insurance to keep updated, property taxes to pay, and maintenance and repairs constantly adding to the cost of home ownership. You insure your home against natural disasters and accidents, but are your plumbing, water heater or appliances covered? The answer is “no” with most home owners insurance...
Read MoreCalculate Home Building Costs Easily
Finally, a building cost website that makes it easy to calculate how much it would cost to build your own home. Each time I find a new little house plan website with creative plans to drool over, I can’t get my head around how much it would actually cost to build a particular design. Most home plan sites either estimate a ball park figure (regional prices vary greatly, so this is no help at all) or prompt you to call them once you’re ready to begin purchasing the blue prints....
Read MoreHow’s That for Inflation?
Mr. LH recently celebrated his big 4-0 and though he still gets carded (lucky for him!), it was definitely a monumental birthday. One of the cards he received was from his step-dad; he sent one of those “Remember When..” booklets. We chuckled at the bell-bottom pants and Age of Aquarius images, yet it set me off on an inflation tirade. Here’s a sample cost of living from 1971: Let’s compare that to today’s cost of living, Circa 2011 (funny that my students are...
Read MoreWhy Buying A House Can Be Cheaper Than Renting
It’s a lifelong dream of many people to own their own house, but in today’s economic climate, many opt to rent instead. It seems to be a lot cheaper than owning a house, considering the purchase price, taxes, upkeep and maintenance. Actually, this might be an excellent time to buy a house and it could be cheaper than renting. It’s A Buyer’s Market Right now, it’s a buyer’s market. This is a real estate term meaning it’s the buyer who has the best...
Read MoreHow Much Would It Cost to Build My Dream House?
This is the question that’s been perplexing me lately. As much as I love the idea of picking out my very own little house plan, I’m beginning to realize that living in a land-locked area makes this a challenging prospect. Take for instance the cost of land. There’s this nice sized lot (by this I mean it’s a little larger than a postage stamp) down the street from me. Guess how much? For only $299,000 it could be all mine. Apparently the person selling this lot thinks...
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