The Best Neighborhoods in Tucson for Renters in 2023
Best Tucson neighborhoods in 2023
The post The Best Neighborhoods in Tucson for Renters in 2023 appeared first on Apartment Living Tips – Apartment Tips from ApartmentGuide.com.
Best Tucson neighborhoods in 2023
The post The Best Neighborhoods in Tucson for Renters in 2023 appeared first on Apartment Living Tips – Apartment Tips from ApartmentGuide.com.
In this week’s founder interview, we’re bringing you Michael Lucarelli from RentSpree. Without further ado⦠Who are you and what do you do? I am the CEO and Co-Founder of RentSpree. My goal is to deliver technology to the underserved long-tail landlord segment of the residential…
The post Meet The Real Estate Tech Entrepreneur: Michael Lucarelli from RentSpree appeared first on GeekEstate Blog.
Show Summary What’s up freedom fighters?! Welcome back for another episode. Today, we are going to talk about your story. Are you where you want to be, both in your business and…
Everything from supply chain issues to soaring demand has made these drugs scarce.
Is it a good idea to have a credit card emergency fund? For most people, the answer is no. Before you think about having a credit card for emergencies, please read this. There’s a growing number of people who are looking to their credit card as their emergency fund. Some are doing it by choice, […]
The post Is A Credit Card Emergency Fund A Smart Idea appeared first on Making Sense Of Cents.
There is one topic here on Making Sense of Cents that I hardly ever talk about. That topic is investing. Investing is something I have never really gotten too deep into in my personal life. I know, personal finance blogger fail right here. It’s an area in my life that I have been too embarrassed to […]
The post Why You Should Invest and Save For Retirement – Plus a Personal Finance Confession Fail appeared first on Making Sense Of Cents.
If youâre just scraping by financially, it doesnât take a lot for a money crisis to go down. According to research by Elevateâs Center for the New Middle Class, among non-prime Americans (aka those who have below a 700 credit score and little or no savings), a whopping 69 percent couldnât cover an urgent $500
The post 6 Ways to Bolster Your Emergency Fund by $500 appeared first on MintLife Blog.
Focus on experiences over things and watch your savingsâand lifeâgrow fuller.
The post Why spending less doesn’t mean living less appeared first on Discover Bank – Banking Topics Blog.
Today’s article is from Chad Carson, who writes about real estate investing (and other money matters) at Coach Carson. I’ve always been intrigued by real estate investing but overwhelmed by how much info available. I asked Chad if he’d be willing to write an article that would help me (and other GRS readers) understand the basics of real estate investing. This is the result.
I got started in real estate investing right after college. Because a young adult can basically sleep in a car if he has to (my 1998 Toyota Camry with cloth seats was comfortable), I had little to lose by launching a business. Unfortunately, as a Biology major, I also knew very little about business or real estate. But I did know how to hustle and to learn. That helped.
Slowly, I learned to find good deals and to resell them for a small markup of profit (a.k.a. wholesaling). I also learned to buy, fix, and flip houses for a bigger profit (a.k.a. retailing). After a few years, my business partner and I began keeping some rental properties because we knew that was the path to generating regular, passive income.
While my early business might sound like an exciting HGTV house-flipping show, it’s not for everyone. I experienced radical ups and downs of cash flow, and there were many unpredictable outcomes. I learned a lot being a full-time investor, but there are actually easier ways to get started.
Most investors I know started with a full-time job. They became valuable at their job, earned good money, lived frugally, and started boosting their saving rate. With their extra savings, they began buying rental properties on the side.
I’m not saying you shouldn’t begin as a real estate entrepreneur like I did — you’ll know if you’re called to make that leap — but if you currently have a non-real estate job and you’re saving money, you’re already going down the easiest path.
The next step is to learn how to invest that money profitably and safely. I personally think real estate investing is one of the best ways to do that. I’ll show you why that’s the case in the next section.
I’ve yet to find a better way to describe the benefits of real estate than this. All you need to remember is the acronym I.D.E.A.L:
These IDEAL benefits are core reasons to invest in real estate. But as a Get Rich Slowly reader, I think you’ll appreciate another core real estate investing benefit: control!
I love J.D.’s message here at Get Rich Slowly: You are the boss of you! You can apply this lesson to so many parts of life, but it especially applies to your finances. Real estate investing fits very well with the GRS philosophy. Why? Because real estate gives you much more control than other more traditional investments.
I’m also a fan of low-cost index fund investing, for example, but do you have an impact on the returns of your stock portfolio? Not really. The 3500+ managers of the companies owned by the VTI total stock market index fund do impact your returns, but not you personally. You simply control when you buy, how much you buy, and when you sell.
But with a rental duplex, for example, your decisions directly affect its profitability (for better or worse!).
If this prospect of control excites you, then keep reading. But if your palms are clammy at the idea of hands-on investments, just focus on a different vehicle. That’s okay. There are options for everyone in this big investing universe!
To make things manageable, we’re going to break things down a little. As a baby, you learned to walk by taking tiny steps. You also fell down a lot, but with a diaper four inches from the ground, what’s the harm?!
Well, you’re no longer a baby. Financially you do have a lot to lose. Your family, your hard-earned savings, your plans for financial independence, and your pride would all suffer if you made bad investments.
I get that. And that’s why we still need to take safe, baby steps. There’ll be plenty of time to run and grow faster once you’re more confident. But in the beginning, just strive to move forward steadily.
The seven baby steps below provide a simple path to follow. I’ve taken each of these steps personally. You can use them as a blueprint to help you move forward with your own real estate investments.
No Major Reaction to Data Means More Focus on Next Week Thursday morning’s economic data provided one of only two major opportunities for this week’s scheduled events to ruffle the bond market’s feathers. Despite a trifecta of stronger numbers (Claims, GDP, Durable Goods), bonds were right back to pre-data levels in less than an hour. Granted, we closed slightly weaker, but most of that weakness was in place at the open. This places all the more focus on next week’s events which include both ISM reports, NFP, and central bank announcements from the Fed, Bank of England, and the ECB. Econ Data / Events GDP 2.9 vs 2.6 f’cast, 3.2 prev Jobless Claims 186 vs 205 f’cast, 192 prev Durable Goods 5.6 vs 2.5 f’cast, -1.7 prev Core Durable Goods -0.2 vs -0.2 f’cast, 0.0 prev Market Movement Recap 09:20 AM Moderately weaker overnight. Additional losses after 8:30am data, but a modest recovery since then. 10yr up 2.5bps at 3.476. MBS down only 1 tick (-0.03). 01:20 PM Choppy morning giving way to better gains now after a strong 7yr Treasury auction. 10yr yield still up 2.2bps on the day at 3.473. MBS down only 2 ticks (.06). 03:34 PM MBS losing some ground over the past 90 minutes with 5.0 coupons down an eighth on the day (also down about an eighth from the highs seen at 2pm). 10yr yields up 4.2bps at 3.493.