Money Monday: First-time landlord tips

Renting out your home or another property can be nerve-wracking. There’s a great article from Yahoo Finance on how to go about being a landlord. Here’s a handful of their tips, but click over to their article for all of the tips and details. Make rent collection a priority. Purchase and require insurance. Screen all […]

Money Monday: Leasing your home

The new American dream: Leasing your house Source: The Orange County Register In Southern California, detached, single-family rentals increased 29 percent over the last decade — vs. a 13 percent increase in apartment units, according to the most recent U.S. Census data. Making sense of the story: • The tally jumped to 736,400 rental houses in […]

Money Monday: The 2018 financial checklist for new parents

“Becoming a parent is the most life-changing event that many will experience. You are suddenly not only responsible for yourself, but also another person who depends on you for everything. “When getting ready to embark on this exciting (and, perhaps, scary) new adventure, preparation is key. Both before the baby arrives and in the weeks […]

Money Monday: Saving for major expenses

Here’s a quick estimate on how much you should save per major expense. “With interest rates going up, the cost of borrowing money to pay for major life expenses is also going up. The Federal Reserve has already raised the interest rate three times this year and will most likely raise rates again before the […]

Money Monday: How to save more for retirement

Many of us, when faced with that reality, struggle with how we could possibly save more. Following are some thoughts from Forbes on how you can meaningfully begin saving more today for your retirement. 1. Increase your 401(k) contribution percentage whenever you get a raise 2. Capture all the employer match Read Forbes’ other five […]

Money Monday: When to DIY or hire a professional

What to spend money on (and what to DIY) as a new homeowner “After the thrill of buying a new home wears off, new owners can get overwhelmed thinking about all the new costs incurred. “You may be tempted to outsource it all. But maybe you’re not made of money? Besides, there are things that […]

Money Monday: How Homeowners are Paying for Popular Projects

As a homeowner, you typically want to make the place your own by doing home improvements. But what projects are usually done? And for #MoneyMonday, we’ll look at how it’s paid for. Projects are typically done on a large scale. Here’s what gets tackled: 43% focus on outdoor projecs 31% are bathroom remodels 28% on […]

Money Monday: What’s in a Home Value?

When you are selling or buying, the value of houses can be affected by so many things. Of course, location and neighborhood comps affect the going price of the home, but other things you may not have thought about can affect it as well. These include: privacy, frontage length, the backyard sloping down, and more. […]