Home ownership is highly valued in our culture. However, buying a home isn't the best decision for everyone. Examine the differences between owning and renting your home to help you decide if now is the time to buy. Effect On Flexibility Renters enjoy more freedom than homeowners. After the leasing period ends, renters are free to walk away and find a new place to live. Homeowners, on the other hand, are at the mercy of the market. Depending on the conditions, owners might have a hard time … [Read more...]
9 Strategies to Handle Home Maintenance Costs
Maintenance is an important part of home ownership. Improper care compromises the safety of your property and can result in big repair bills. Include these strategies in your maintenance plan to reduce your out-of-pocket costs. Educate Yourself It's usually cheaper to do most home maintenance jobs yourself. Teach yourself some basic skills to save yourself from professional fees. Take some classes. Community colleges and hardware stores often host community courses that help you plan projects, … [Read more...]
12 Ways to Lower Your Monthly Utility Bills
According to the US Department of Energy, the average American household paid $111.67 each month for utilities in 2017. With some research and a few DIY projects, property owners can reduce those energy costs without sacrificing comfort or convenience. Establish Energy Friendly Habits Reduce energy waste to see an immediate change in your utility payments. Before bed, walk around your home. Make sure you turn off all lights, televisions, computers, and other plugged-in devices. In the colder … [Read more...]
Real Estate Investing 101: Identify Your Investing Style
Are you just starting on your real estate investing journey? Many newcomers are surprised to learn that there's more to making money on the real estate market than buying and selling. These are some of the most popular strategies real estate investors use to create profits. Which one is right for you? Buy And Hold Buy and hold investors play the market like stocks. They buy properties when prices are low, then hold them until values are high. During the holding period, some investors choose to … [Read more...]
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