Using the 1031 Exchange

Whether you are investing in the stock market, real property, or buying gold, there is a continual challenge of when and how to invest because of the fluctuations of current world events and economics. Buying and selling real estate can usually weather many changes. Although short-term turnovers in real estate can be profitable, investors normally

Rents – Do the Math

It is natural to want to obtain the highest rent possible when your property is vacant. A long vacancy can cause frustration, anxiety, and anger. However, holding out for more money can be more costly than you think. When this situation occurs, it is better to use a mathematical approach. Write down the expenditures for

Advantages of Owning Your Home

What are the advantages of owning your home? When you own your home you can: Build equity — your wealth will increase as you gain more home equity. If your home “appreciates” (increases in value over time) equity builds even faster. Building equity allows people to plan for their future. This could be retirement, college