When you began investing in real estate, I’m sure somebody said to “look for positive cash flow“. That’s good advice, but it sounds easy, and … Read More

The ratio is how most commercial real estate investors start: they find a promising-looking property (a strip center with good tenants, maybe, or a small … Read More

An old house is bought for its structure. The high ceilings and hardwood floors are signs that it may have something of value. But the … Read More

The replacement cost is how much money would of been necessary to rebuild exact same structure today, as if it were built new. For property … Read More

Then one day you get a surprise in the mail: a special assessment. And you might be concerned when you open it up to see … Read More

It is property tax. Unless you’re familiar with it, you probably assume that it’s one of those bills you write and just pay. Here it … Read More

A reverse mortgage isn’t paid back in monthly payments (no payment to make), so don’t think of it that way. The key number to focus … Read More

Buying a house often feels like solving a puzzle where the pieces never quite fit. You’d love to have this house, but you lack the … Read More

But home equity isn’t just a static amount. Home equity is defined by two competing factors: The value of your house rising (which increase your … Read More

Maybe you used a HELOC (“home equity line of credit”) to consolidate your debts or fund a renovation project, which is fine, since at first … Read More