Ever wonder what it’s like living in a multi-million dollar mega-mansion? Well, you’re in luck! I got to stay for a week in an $18 million mega-mansion for vacation and it was a wonderful experience. Dreaming is the best since it’s fun and free to do. At least once a month, I dream that I […]
What It’s Like Living In An $18 Million Mega-Mansion Read More »
After a home sale, you will hopefully be flush with cash. However, reinvesting proceeds after a home sale is important if you want to keep up or beat inflation. Therefore, here are some investment ideas to consider after selling your property. Thanks to inflation, you need at least a $3 million net worth to be
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I’m on record saying that buying a vacation property is a suboptimal investment. But that’s also because I bought a vacation property in 2007, right before the market really took a dive. This post will discuss the only time you should consider buying a vacation property if you insist on not taking my advice. Perhaps
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In the great debate between real estate versus stocks, I give a slight nod towards real estate. When I was young, I wanted real estate because having it felt like I had arrived. Now that I’m middle-aged, I want real estate so I can provide a stable environment for my family. After taking over 500
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If you want to save money on property tax, please don’t call the assessors office to update your city property records. Instead, let the inefficient, bureaucratic machine take its sweet time! The property assessor’s goal is to try and extract as much money from homeowners as possible. Your goal as a homeowner is to save
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Applying for a mortgage today is truly one of the most eye-opening financial experiences ever. The financial crash has made getting a mortgage much more difficult. This is disappointing since the financial crash has brought mortgage rates down to all-time lows in the new decade. I now know why many consumers had absolutely NO CHANCE in
Proof Banks Caused The Financial Crash: The Cancer Of MORE Read More »
It’s been two weeks since I found out I was being scammed by my insurance company. I sent in my 8 month old house appraisal to Tricky Dick, who is trying to raise my home insurance premium by 45% since their inspection 7 months ago. Their shady inspector made my house 50% larger than it
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I had lunch with Jilliene Helman, Co-Founder and CEO of RealtyMogul. I was impressed with her focus on creating a long-term, sustainable business versus pursuing every real estate deal for growth’s sake. This article will discuss how RealtyMogul performs due diligence on their investments. After COVID, performing strong due diligence is more important than ever.
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The decision to buy or rent a home is big one, especially if you’ve never purchased real state before. Here’s my story about how I decided on buying a home vs renting. For me, the decision came up one rainy winter. Rain during the winter in San Francisco means lots and lots of snow in
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The FS20 property indicator is a way to help you buy a house with more confidence. Given the relative illiquidity of real estate, there is huge room to get your property transaction right or wrong. My hope is for all of you to get maximum value whether you’re buying or selling. There are many variables
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