As you explore your mortgage options, an FHA loan may be at the top of your list. With low credit requirements and minimal down payment options, the FHA loan can be an attractive loan for any homebuyer. But is it a good idea to get an FHA loan? We will…

If you have rental properties that are producing an income, that income will need to be reported to the IRS. If you are wondering what happens if you don’t report rental income to the IRS, there would be significant consequences. We will explore the consequences of not reporting rental income…

As you dive into real estate investing, you’ll find that there are many types of properties on the market. A few of the listings you might encounter include pre-foreclosure and foreclosure listings. Although the two types of listing may seem extremely similar, there are significant differences that set them apart…

Let’s take a closer look at everything you need to know about a hoarder house. What is a hoarder house? First, let’s define what a hoarder house is. Although most homes have a fair amount of clutter, hoarder houses have more than a single layer of superficial clutter. Instead, the house has years of accumulated…

As you start the journey into real estate investment, it is important that you learn the language of landlordology. Without a clear understanding of the terms, it is easy to get confused in the world of real estate quickly. Luckily, we have the complete guide to landlordology with all of…

A better understanding of the cashflow quadrant can help you achieve financial success. As you are working to build a solid financial foundation, the cashflow quadrant can help you set up your income in the most productive ways. Here’s what you need to know about the cashflow quadrant. What is the cashflow quadrant? The cashflow…

Rental units can be a great way to build an income stream. You’ll find that rental income is typically less active than a day job. But it will still require some planning and effort to get the ball rolling. As you start to build your real estate portfolio, it is…

As you start to consider your financial future, it is critically important to think about your retirement savings . When you take action to boost your retirement savings today, you can breathe easier in the future. We will take a closer look at the importance of retirement savings and how…

Buying a home can be a significant financial step — but what if you could get a house without paying for it? Although it may be difficult to believe, house hacking can turn your goal of living for free into reality. But how can you live for free in your…