When I bought my first home, I was excited to take part in the American Dream. Unfortunately for me, this occurred at the peak of the housing bubble. When I purchased my house, I put 10% as a down payment and financed the rest. I thought I was doing a good thing by at least [...]

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There is a lot of talk about buying investment properties with housing prices still recovering from the housing bust. Buying an investment property can be an exciting and fun challenge (and more work than you think!). While most will focus on how much money they will make each month from the renter, you have to [...]

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The Basics of Home Ownership

Posted by Jarrod

I recently got on Twitter to ask my followers what they would like me to talk about next. One friend told me they wanted to know about home ownership. That is a very broad subject so I’ll start with the basics of owning a home.  Here are the basics on home ownership for the first time home [...]

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What was the return on our real estate investments? As I update all of our investments for year end (it takes me until April, because many of our accounts don’t send year end statements until then), I like to compare our investment returns. The stocks and index funds are easy, as Quicken computes the IRR. [...]

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I asked you to share your successes and failures with low ball offers. And like always, you came through with incredible stories, tips, and strategies that are very helpful for anyone considering lowball offers on homes, now or in the future. Here’s what readers shared when I asked Have You Made A Low Ball Offer? [...]

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I went to my first auction! If you were following my updates on Twitter, you could probably sense some of the excitement! It was amazing that we landed another property, just days after Closing on Our First Rental Property. Auction Atmosphere The auction took place in a conference room at a hotel. We grabbed seats [...]

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We’re closing later this week on a 3 unit, 100 year old rental house. It’s in a prime location, close to the university and hospitals. It’s currently rented until summer of 2010. (In the area, leases are usually signed for the following school year in the spring.) It’s our first real estate investment and our [...]

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We had a great meeting with our potential real estate investing business partner. I wasn’t sure what to expect, but I was pleased with the outcome. We had a very open and honest discussion about finances, and we have a lot of the same goals and expectations. And because we’re both finance people, we also [...]

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