Before you submit a real estate offer, you should be already preapproved for a mortgage. Getting preapproved for a mortgage is now the bare minimum in a strong real estate market where bidding wars are common. Sellers won’t want to waste their time with potential buyers who are not preapproved. During a soft real estate […]
How To Get Preapproved For A Mortgage And Why It’s So Important Read More »
If you want to pay all cash for a property but don’t have all cash, one way is through a no-financing contingency offer. A no-financing contingency offer is a way to pay all cash for a property without actually having all cash. From the buyer’s point of view, making a no-financing contingency offer is like
Looking for real estate buying strategies during COVID-19? You’ve come to the right place. The desire to buy real estate during COVID-19 is heating up. However, buying real estate during COVID-19 has also never been trickier. Take a look at how strong the Mortgage-Purchase Applications rebounded in May 2020. Demand for real estate is now
Real Estate Buying Strategies During The COVID-19 Pandemic Read More »
Let’s go through a detailed look at the best states for unemployment benefits. Some states offer much better unemployment benefits than others. “Why work if I make $1,800 a month in unemployment benefits?” was a question asked to me by someone I met in the hot tub. At 28, Julie has been on unemployment for
The Best States For Unemployment Benefits 2025 Read More »
Everybody fantasizes about being their own boss. Yet very few people take the leap of faith because they either don’t have an idea, don’t have the financial means, or don’t have the confidence to execute. But I tell yah, early retirement is exactly like being an entrepreneur: so awesome! It took me almost three years
Early Retirement Is Exactly Like Being An Entrepreneur: Awesome! Read More »
There’s one big risk of peer-to-peer lending you might not be aware of. And that’s how addicting peer-to-peer lending can get! When I log into my P2P account to figure out where to dole out my next $1,000 tranche to borrowers, I feel a little bit like President Biden handing out money to his supporters.
One Big Risk Of Peer-To-Peer Lending: You Might Get Addicted! Read More »
Everywhere I go, I hear the benefits of the Health Savings Account, or HSA for short. People say an HSA is one of the best ways to save for retirement. It obviously is a great way to pay for inevitable medical expenses given the tax benefits. But is it worth having a high deductible plan
Mass affluent is sometimes used interchangeably to describe the middle class. However, that’s not quite right because being mass affluent is wealthier than the middle class. Mass affluent edges closer to describing the upper middle class, those with above-average incomes and above-average net worths. That said, the middle class is the best social class in
What Is Considered Mass Affluent Based Off Income, Net Worth, And Investable Assets Read More »
Healthcare affordability continues to be a concern for millions of Americans. When the Affordable Care Act (Obamacare) was enacted in 2010 I was happy. A universal healthcare system would insure the ~47 million Americans who were previously not insured. After all, disease doesn’t discriminate between rich and poor. Also, being rejected for healthcare coverage due
How Much Should I Pay For Healthcare? Introducing The Health Affordability Ratio Read More »
In early 2005, at the age of 28, I took out a $1,220,000 mortgage to buy a $1,523,000 house in San Francisco. After having bought a modest condo a couple of years earlier, I wanted to go all-in. In retrospect, this was a crazy amount of debt to take on at that age. When the
No Mortgage More Courage: Pay Off All Debt Before Retiring Read More »
