Boomers Can Maximize Net Worth with Real Estate Assets

new worthYou have spent years paying off your mortgage. Maybe you can afford to buy a rental or vacation property. Or buy your trophy home and entertain family and friends. Or perhaps you need some home equity to pay for college tuition. Lots of home and real estate decisions to make.

A big part of your net worth is built into your primary home or multiple homes if you previously bought investment properties. The big question for you is “do you have visibility into what the net worth really is and what is the forecasted value of this key part of your retirement?” Read More

How Gen Xers Can Juggle All Their Home Finances

Gen XersAs a Generation Xers, your financial life gets a little more complicated. You start juggling more things and your time is compressed because you have multiple demands. You moved into a bigger house because of the kids. Maybe you start thinking about saving for retirement. You need a vacation. Your kids are expensive and want everything.

How do you balance all the competing financial demands? One method of staying in control is to segment the different key aspects of your finances. Consolidate your investments in one place to manage them. Have one system to manage your income, family bills and credit cards.  Read More

Millennials Managing your First Big Investment … A New Home

a new homeYou finally saved enough money for the down payment on a house. And you finally qualified for a mortgage.  You researched and home shopped to find the right first home. You made an offer. And finally, you closed on your first big investment …  a new home! Congratulations!

Now you are starting a 3 to 7 year cycle of owning and managing your first home. Where do you start?  How do you maximize the value and minimize the ongoing expenses? What do you need to do to maintain this asset? How do you manage the improvements you make to the house? How do you avoid falling into the “money pit” trap where your house financially consumes you?  Read More

Utility Bill Busters – 11 Unique Things Homeowners Can To Today To Save Money!

There are some things that can be done to reduce your utility bills and also extend the life of some of your home’s equipment. These tips can even help create better cooling and heating in your home. With the average annual yearly spend of over $3,500, wouldn’t it be nice to reduce some of this spend and still have a comfortable home? Many folks think they cannot do anything to manage their utility bill. Or they think they know exactly what to do but may not have thought of these additional tips.  Read More

10 Home Finance Questions You Should Have the Answer To

Your home is the biggest part of your net worth and according to statistics, accounts for nearly 40 to 45% of your monthly expenses. As a result, you should always be on the lookout for ways to minimize the expenses and maximize the value. Especially over the long run, as eventually you will sell your current home. Read More