...it could be the gold-rush opportunity to you. It is time to get your first home or pick out your next investment property. Expect many bumps in the road. Looking at the terms scattered around the real estate ads: short-sale, foreclosure, and REO, you know it is a new landscape out there for both the ...
Problem with real estate investment is that it drains your cash regularly as in maintenance expenses, property management fees, mortgage interest, insurance and a property tax. Property tax is usually one of the big ticket items. Game strategies A few things I picked up from my favorite video game “Build-a-lot”, a real estate investment simulation, include ...
I am not very much into computer games, but I am told that creativity comes when you keep an open mind and try new things out of comfort zones. So, I started playing a computer game named Build-a-lot. Wealth building It is a real estate strategy game. I am usually given with little money at ...
There is an untold secret for those own real estate investments. They can save tax big time! Excuse me. Let me take it back because it sounds too much like a selling tactic for a get-rich-quick book. I am talking about 1031 like-kind exchange, and this is not a super secrecy ...
At tax time, there are always a few people who like to quiz me about the deductibility of items on their real estate closing statements. When I look through the items listed on the long HUD-1 form, aka Settlement Statement, I am unusually amazed by the creative terms used by different loan agents or ...