I’ve been itching to invest in real estate for a while now, but have been holding off because I intend to pay cash. It occurred to me recently that I might be able to do so faster through a self-directed IRA.
What’s a self-directed IRA, you may ask? As the phrase implies, it’s an IRA that you’re the decision-maker on. (As opposed to having a broker or bank manage your IRA investments for you.)
So could it be a good idea to invest in real estate within self-directed IRA? Maybe. » Read more
Buying your first home can be a confusing and intimidating process at first. And that’s only natural, since you’ll probably be spending more money than you’ve ever seen in your life. But keep a few things in mind, and the it can be relatively painless. Here are four things to know before buying your first home.
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There are plenty of expenses associated with owning a home. Unfortunately, many of those expenses don’t become obvious until after you’ve bought your first house or condo. That why it’s important to take into account the true cost of owning a home before making the decision to buy. Here are a few hidden expenses to consider. » Read more
You’ve probably heard the expression, “Ready, fire, aim!” before. It makes us laugh a little, because of course we know that it should really be “Ready, aim, fire!”. Sadly, the reality is that it’s often neither of those things.
Instead, we go with “Ready, fire!” — which is at least better than never getting to “fire!” at all. » Read more