Author Archive
Setting Up Passive Income in Real Estate
Anyone that knows anything about business, wants to make passive income. Many folks would like to have a primary, or secondary source of passive income in real estate. I am one of those people. Currently, my passive income in real estate is around $500-$550 per month (including signing a lease agreement just this past Tuesday). […]
What Exactly is AD&D Insurance?
AD&D Insurance, also called Accidental Death and Dismemberment Insurance, is additional insurance which provides benefits for certain injuries and death due to an accident. It is designed to pay out a large financial benefit to you in the event of a dismemberment (which can include either loss of limb or of sight), or to pay […]
Invest in a Traditional or Roth IRA?
A mutual fund, simply defined, is an investment vehicle which allows a group of many different investors to pool their money together with a clear financial objective - to make money. It consists of an extensive collection of stocks and/or bonds, which is managed by a professional or group of professionals called an investment adviser. […]
To Buy or Not to Buy a Hybrid Car
Ever thought that 60 miles per gallon would cut your monthly gas bill in half? Me too. The idea of the hybrid is almost too good to be true. And from a financial standpoint, it is too good to be true. The following information is a cost comparison between the Honda Civic Sedan and the […]
Advice on How to Ask for a Raise
Yes, you have been working for a while at your current job. Yes, you have been working hard. Yes, you have made some definite positive changes for the company. Now it is time for you to make some more money. But the question is, why won’t the boss give it to me? The answer is […]
Some Simple Realtor License Questions Answered
To have or not to have a realtor license, that is the question. And the logical answer really depends on your situation, mainly:
1. Do I live in a market where homes are valued very highly (average sale price is $200,000 or greater)?
2. Do I intend to live in the […]
An Overview on Reverse Mortgages
A Reverse Mortgage HECM, sometimes referred to as a Home Equity Conversion Mortgage (HECM), is a special type of home mortgage that lets a homeowner convert a portion of the equity in his or her home into money in their pocket. Simply put, a reverse mortgage is the exact opposite of a regular mortgage. The […]
Personal Finance Guidelines for Stretching Your Paycheck
In this post, I would like to present personal budget guidelines, and hopefully, point out some potential holes or problems in your budget. The goal here is of course, to help you find ways to increase your disposable income, or the amount of money left over after all bills are paid. After reviewing […]
Education and Information on FHA Loans
FHA loans were originally created for the first time home buyer as an assistance program. FHA (Federal Housing Administration) began “backing up” or insuring certain loans for mortgage companies, savings and loans institutions, banks and other lenders to convince them to lend to first time buyers. The program worked so well, that it is now […]
Using Online Credit Counseling to Ease the Burden of Embarrassment
If you have been struggling to get rid of harassing creditors, then online credit counseling may be the way to go. Online credit counseling can be purchased, but there are also free and non-profit organizations available. You can go to a credit counselor if you like, but going in to see a counselor face to […]
