FIRE Starter 011: An Anesthesiologist and Pediatrician in Debt
FIRE Starter 011: An Anesthesiologist and Pediatrician in Debt
The cost of becoming a doctor is staggering in terms of both lost youth and actual dollars. The couple featured ... Read more
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The cost of becoming a doctor is staggering in terms of both lost youth and actual dollars. The couple featured ... Read more
The cost of becoming a doctor is staggering in terms of both lost youth and actual dollars. The couple featured ... Read more
Equity is defined as the value of an asset less the value of liabilities attached to that asset in investing in a real estate ; in other terms, equity is the cash you have invested in the asset or business. If you sold your home and paid off your mortgage, the money left over would represent equity. Debt is defined as borrowing money from a third party with the intention of repaying the borrowed money plus interest at a later period.
Equity is defined as the value of an asset less the value of liabilities attached to that asset in investing in a real estate ; in other terms, equity is the cash you have invested in the asset or business. If you sold your home and paid off your mortgage, the money left over would represent equity. Debt is defined as borrowing money from a third party with the intention of repaying the borrowed money plus interest at a later period.
Nowadays, most people look for passive income sources that may add to their regular income, increasing it little by little. Real estate investing is a diverse investment strategy that entails buying or selling real estate for profit. Some prefer to invest in physical real estate, buying properties and then selling them or renting them out after doing a comparative market analysis. Real estate crowdfunding is another excellent way to invest in real estate. In recent years, real estate crowdfundin...
Nowadays, most people look for passive income sources that may add to their regular income, increasing it little by little. Real estate investing is a diverse investment strategy that entails buying or selling real estate for profit. Some prefer to invest in physical real estate, buying properties and then selling them or renting them out after doing a comparative market analysis. Real estate crowdfunding is another excellent way to invest in real estate. In recent years, real estate crowdfundin...
When Anthony Roth Costanzo was starting to make a name for himself as an opera singer, he was also giving his parents advice on Manhattan real estate. “I was always drawn to New York,” said Mr. Costanzo, who grew up in Durham, N.C., and was performing on Broadway at age 11. “By the time I was 15, I convinced my parents that they should buy an apartment.” He helped them find an Upper West Side studio, then a loft in the East Village, and eventually they retired to a one-bedroom apartment ...
When Anthony Roth Costanzo was starting to make a name for himself as an opera singer, he was also giving his parents advice on Manhattan real estate. “I was always drawn to New York,” said Mr. Costanzo, who grew up in Durham, N.C., and was performing on Broadway at age 11. “By the time I was 15, I convinced my parents that they should buy an apartment.” He helped them find an Upper West Side studio, then a loft in the East Village, and eventually they retired to a one-bedroom apartment ...
On a recent episode of Real Estate News for Investors, Kathy Fettke discusses what the job market says about rate hikes, where renters need to “catch up” on their rent, and why dating has become somewhat of a financial burden for millennials. “…15% of renter households are behind on their rent right now. In some states, that number is closer to 25%…South Dakota, Alabama, and New Jersey have the highest number of tenants who are not caught up on their rent…”
Click here to listen o...
On a recent episode of Real Estate News for Investors, Kathy Fettke discusses what the job market says about rate hikes, where renters need to “catch up” on their rent, and why dating has become somewhat of a financial burden for millennials. “…15% of renter households are behind on their rent right now. In some states, that number is closer to 25%…South Dakota, Alabama, and New Jersey have the highest number of tenants who are not caught up on their rent…”
Click here to listen o...
[Editor’s Note: Below is the full text of our 209th Weekly Transmission, originally delivered direct to the inbox of more than 500 GEM members on April 7th, 2022. Some links included below are to members-only articles.] Many are drawn to the real estate agent profession (most common Google employment search during the pandemic) for the perceived flexibility and theoretically uncapped earning potential. An agent’s reality tells a different tale. More than two thirds of all new licensees drop ...
[Editor’s Note: Below is the full text of our 209th Weekly Transmission, originally delivered direct to the inbox of more than 500 GEM members on April 7th, 2022. Some links included below are to members-only articles.] Many are drawn to the real estate agent profession (most common Google employment search during the pandemic) for the perceived flexibility and theoretically uncapped earning potential. An agent’s reality tells a different tale. More than two thirds of all new licensees drop ...
What are the top U.S. cities for starter homes? The folks over at StorageCafe took a look at over 100 cities and ranked them across more than 20 factors including home values for 2-bedroom homes, 5-year sales activity involving properties averaging 1,700 square feet or less, mortgage rates, incomes and cost of living, to come up with the best areas and cities for first-time homebuyers. They define starter homes (aka entry-level homes) as being smaller and more affordable properties, and are of...
What are the top U.S. cities for starter homes? The folks over at StorageCafe took a look at over 100 cities and ranked them across more than 20 factors including home values for 2-bedroom homes, 5-year sales activity involving properties averaging 1,700 square feet or less, mortgage rates, incomes and cost of living, to come up with the best areas and cities for first-time homebuyers. They define starter homes (aka entry-level homes) as being smaller and more affordable properties, and are of...
A recent chart from the Visual Capitalist illustrates how U.S. consumer debt is rapidly approaching a record-breaking $16 trillion. In addition, they point out that the rate of increase in consumer debt for Q4 2021 was also the highest seen since 2007. Stay safe and have a Happy Friday!!! “Economists believe that today’s housing debt [...]
The post U.S. Consumer Debt Approaches $16 Trillion appeared first on Real Estate Investing Today.
A recent chart from the Visual Capitalist illustrates how U.S. consumer debt is rapidly approaching a record-breaking $16 trillion. In addition, they point out that the rate of increase in consumer debt for Q4 2021 was also the highest seen since 2007. Stay safe and have a Happy Friday!!! “Economists believe that today’s housing debt [...]
The post U.S. Consumer Debt Approaches $16 Trillion appeared first on Real Estate Investing Today.
Several commercial real estate firms have joined the growing list of companies temporarily suspending—or outright terminating—property and facility management operations in Russia amid economic sanctions and mounting international pressure. CBRE is the latest to make such a move, discontinuing its Russian leasing, investment and property management operations and denouncing Russia’s invasion of Ukraine in a statement issued March 7. Other major players, including Savills, Knight Frank, and...
Several commercial real estate firms have joined the growing list of companies temporarily suspending—or outright terminating—property and facility management operations in Russia amid economic sanctions and mounting international pressure. CBRE is the latest to make such a move, discontinuing its Russian leasing, investment and property management operations and denouncing Russia’s invasion of Ukraine in a statement issued March 7. Other major players, including Savills, Knight Frank, and...
Seniors In Debt: A Newish And Growing Problem MIAMI - MAY 20: Marlene Woofter signs her credit card receipt as cashier Yera Dominguez charges the ... [+] credit card for items at Lorenzo's Italian Market on May 20, 2009 in Miami, Florida. Larry Woofter stands to the left. Members of Congress today passed a bill placing new restrictions on companies that issues credit. The vote follows the Senate passage of the bill, which now heads for President Obama's promised signature. The bill will curb sud...
Seniors In Debt: A Newish And Growing Problem MIAMI - MAY 20: Marlene Woofter signs her credit card receipt as cashier Yera Dominguez charges the ... [+] credit card for items at Lorenzo's Italian Market on May 20, 2009 in Miami, Florida. Larry Woofter stands to the left. Members of Congress today passed a bill placing new restrictions on companies that issues credit. The vote follows the Senate passage of the bill, which now heads for President Obama's promised signature. The bill will curb sud...