After careful research and mental preparation, you have decided that a rental property is what you want to invest in. Now, saving for the downpayment is the next thing to do. To some, this seems to be an uphill battle, especially if you have debts to take care of. Do not be discouraged, though, as …
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Buying a rental property as your first real estate investment venture comes with great benefits. Investors find this a good source of passive and retirement income due to the asset’s ability to appreciate over time. Add to that the tax benefits as you can include every reasonable expenses such as mortgage interest, property management expenses, …
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Most of us have been in a tight financial spot at one time or another. Some of us might have even taken out a loan or two to get out of a bind. One of the more common loans that people take out is a title loan, also known as a car title loan. Read …
These days, the word “investment” gets thrown around too easily, used casually in every other sentence. But what does investment really mean? An investment is anything purchased with money that is expected to produce income or profit. So let’s say the car you bought will be used to transport products that you sell, the car …
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If you plan to add to the existing small businesses in the United States, which, according to the US Small Business Administration (SBA), has grown to 30 million, you need your capital ready. The Wells Fargo Small Business Index suggests that an average of $10,000 is what you need to start a business. On the …
Home improvement can be costly. Renovating a space that is less than 1,000 square feet can cost up to $18,000. Improving an older home can cost even more, especially if the plumbing, wiring, and other features are not up to current standards. If you are moving around a certain budget for home improvement, careful research …
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Being a first-time car owner is an exhilarating experience. For sure you’ve spent months, even years, planning, researching, and saving for this important purchase, and now you finally hold the keys! Now what? Whether you purchased a brand new car or a second-hand one, you need to know how to care for it. Proper car …
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Getting out of debt is not an easy journey. It takes time, discipline, and sacrifice to successfully do it. For one, it takes a significant change in financial lifestyle and spending habits if you are determined to get out of debt. This means cutting back on eating out, buying new gadgets and jewelry, and taking …
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Being a dog parent can be expensive. Trips to the vets, whether scheduled or emergency, can hit your wallet hard. Then, there is, of course, the expenses for food, grooming, toys, and beddings, to name a few. It is estimated that the first year of owning a dog can cost you up to $1,000. If …
Credit cards can either make you or break you. If you do not handle your credit card usage responsibly, credit cards could ruin your credit score. However, when used the right way, they can help you build good credit standing and open you to more financial freedom. But how can a small square of plastic …
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