The Average Single-Family Home Size Is Declining: Positive Sign For Investors

24 Comments / Real Estate / By

Here is some tantalizing news for real estate investors and potential homeowners. The average single-family home size is declining. As a result, this is overall positive for real estate investors. I used to think the average square footage size of an American single-family home would keep getting bigger, just like my waistline. After all, once […]

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Important Year End Tax Moves To Make To Save Money And Grow Wealth

35 Comments / Taxes / By

The end of the year can get hectic. There’s the holidays, lots of family stuff, and plenty of work deadlines. But most importantly, there are important year end tax moves to make. The good thing about having multiple income streams is the financial security it provides. But, the bad thing about having multiple sources of

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Understanding Personal Property Insurance For Your Valuables

19 Comments / Insurance / By

Recently, I was reminded how important it is to have personal property insurance. One of my tenants had his car “broken into” while it was parallel parked outside the house. The robber took his new set of golf clubs worth ~$3,000. I put “broken into” in quotes because no window was smashed. He apparently left his car unlocked. So who

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How To Write A Real Estate Love Letter And Save Big Bucks

47 Comments / Budgeting & Savings, Real Estate / By

A well-written real estate love letter can reduce a buyer’s purchase price by 1% – 10%. If we’re talking about a $1 million property, that’s $10,000 – $100,000 in savings. Therefore, learning how to write a real estate love letter is essential if you want to save money on your next property purchase. At the

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Build A CD Step Stool, Not A CD Ladder In A Flattening Yield Curve Environment

70 Comments / Budgeting & Savings, Investments / By

When you’re young, you spend time accumulating wealth. When you’re old, you should spend time protecting wealth. Building a CD step stool to protect a portion of your wealth is a smart way to go. A CD step stool is when you buy CDs or Treasury bonds with only up to two-year durations. Multi-millionaires go

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