Kiyosaki says that most often than not, a home is a liability and not an asset. Why? It is because for most people their homes bring a lot of expenses to them rather than an income. They need to pay various home utility bills aside from the real estate taxes. Everyone knows that he or she can make money from home. Well aside from various home-based businesses such as blogging, and other outsourced work which you can do in the convenience of your own home, there are more ways for you to make

Read the rest of this entry >>

There comes a lot of times in life that you need a contractor. When you need house repair, you need a caprenter contractor. When your bowl was clogged, you need a plumber contractor. When you need a repair on your computer, you need a computer technician which is also a contractor. The most important step in any renovation or repair is finding the right contractor. Choosing the contractor is key to the success of the project, no matter what the project is. Getting someone who is reliable,

Read the rest of this entry >>

Real estate investment has been one of the most profitable among the many types of investments. A real-estate investment is a building or property other than a family home that generates income through rent or resale. The price of the investment and the earnings are driven by supply and demand. Kiyosaki termed real estate investment as an investment with “curb appeal.” Investors who want to see more than a print-out of their holding can drive by the property or building, vacation in it

Read the rest of this entry >>

What if you suddenly received a notice of foreclosure from your banker because of the missed payments to your home mortgage? Another way to put it is that, if you are not paying your real estate taxes, then chances are your home could be subject for foreclosure and auction by the local government. You can successfully fight foreclosure. Here are some of the things that you can do to survive an impending foreclosure of your home. Understand your options. Whatever you do, don’t ever ignore

Read the rest of this entry >>

Everyone wants to have his own home. A home that would serve as a shelter for us. A home where family values and harmonious relationship would prosper. It is one of the most important investment that we would have in our life. However, because of high tag prices of homes, how can we afford it to have one? You could buy the house of your dreams at the smartest price when you use these essential real estate tips.   Know your market. Get to know the local housing market. For example, learn how

Read the rest of this entry >>

It’s one of the most popular and profitable ways to invest in real estate these days especially because of the onset of the global financial crisis. How to make money in real estate? Buy a house cheaply, renovate it, and resell it for an immediate profit. Sound simple? It is, but only if the property is cheap. If not, look for a better bargain. So how do you look for bargain? How do you make money investing in real estate? Here are some advices on how to make this method work for

Read the rest of this entry >>

Are you drowned in debt? Taking out a second mortgage once meant you were in financial trouble. Today, people take out home equity loans, which is another name for a second mortgage, to pay for everything from home renovations, weddings, and other loans. Although some people consider it as a smart way to borrow money, this type of loan can be hazardous to your finances. Equity is the amount left over after you subtract your home loan from what your house is worth. People think this type of

Read the rest of this entry >>

Buying a home is definitely in everyone’s dreams. It is our biggest investment. If buying a home is in your future, good budgeting includes saving to pay for as much of it as possible. When you’ve set aside a significant amount, your next step may be to get a home loan to cover the rest. A lot of banks and financing companies offer home loans. It’s important to do some homework so you’ll get the right loan from the right lender. There are basic rules and ways to follow when you’re

Read the rest of this entry >>

Condominium communities are becoming popular nowadays especially in places where there is a surge of development like business districts. You can see a lot of high-rise condos. The trend now is going vertically and not so much horizontally in land development because land is becoming scarce in developed places. Condominiums are once the realm of singles but many retirees and empty nesters have struck gold in their golden years by settling in condominium communities. If you were to choose,

Read the rest of this entry >>

So you’ve purchased your very first rental property in a good location. I salute you especially if you got it at a huge discount than its market value! You already did some renovations and repairs and now ready to rent it out to possible tenants for a continuous passive income. But how do you attract good tenants? Tenants can make or break your landlord experience. When you get good tenants, leasing is a breeze. But one bad apple could make you regret buying that rental property. Your

Read the rest of this entry >>

I just finished hearing the audiobook of Robert Kiyosaki’s Rich Dad Guide to Investing. I must say it is really really a very good audiobook and I’ve been learning a lot from it. A lot of thanks to Richard who is an avid reader of this blog who gave me the audiobook. In this article, I will write what I have learned about your house or your home as an asset or a liability. Is you house an asset or liability? This is also the topic in one of the forums that I visited. We are used

Read the rest of this entry >>

Land Banking has been one of the most traditional forms of investments. We all know that real estate is one of the best source of income as it appreciates over time. Personally, I don’t know the term Land Banking until I attended a seminar by the Walton International Group about their business called “Land Banking”. Land Banking is the business of purchasing raw agricultural lands, developing it, and eventually converting its zone from agricultural to residential or

Read the rest of this entry >>

You’ve worked hard for that money. You invested a lot of your effort into it. And now you chose real estate properties as your choice of investment. Before you finalize your decision to buy that real estate that you’re eyeing, let me share to you some tips on how to get that property. I’ve been involved in a company before where we buy distressed assets and before we invest, we take our time to really have our detailed due diligence on it especially if it involves a high tag

Read the rest of this entry >>