Investing in real estate can be an extremely lucrative opportunity that, if done well, can result in a chain of properties that you can run and reap the rewards from. Below are some of the most popular investments that you can get your hands on. Apartment Complex Depending on the size and the location of …
By Phineas Upham Penn Station was demolished in 1965 to make way for several new developments. The city of New York was devastated, and they formed a commission with the purpose of preserving city landmarks. Among other things, the commission sought to oversee the restoration of Penn Station. In an attempt to rectify its mistakes, …
While you may feel ready to purchase your first home for you and your family, you need to be sure that you know what you’re getting yourself into financially. You know about the mortgage payments, along with the initial down payment that you’re going to make on the home, but there are other costs that …
Deciding between a 15-year mortgage and a 30-year mortgage may seem like an easy choice for you – depending on your income level. Many people prefer going with a 30-year mortgage because of the lower monthly payments compared to the 15-year loan. While this is true, interest accumulated over the span of the extra 15 …
When you retire, there are many things that you need to consider. Some retirees look to downsize but many carry emotional ties to their house which makes it harder for them to leave. What you need to keep in mind is what is more beneficial for you and your lifestyle. Consider Downsizing When you …
Interest rates for home mortgages are still at historic lows. Even everyone expect the Federal Reserve to start hiking interest rates, current rates are an incentive for those who are looking to buy a home. Here are other advantages of buying a home. Equity: As the value of home increases over time your mortgage debt …
Most of us buy a home to live in. There are many tax advantages that come with buying a home. Do not mistake them as tax credits; these are deductions that will result in lowering your adjusted gross income which your tax liability is based on. Deduction for mortgage interest: Reported to you and the …