A bad credit score isn't just some number. There are many detriments of having a bad FICO credit score. First, a bad credit score is considered 579 or lower. If you have a low FICO score, you can be assured that if you take a loan out, you will definitely have a higher interest rate than someone with a good FICO score. There are many ways to get a better score, and there are professionals that you … [Read more...]

There comes a point in time when you are starting to grow as a business. During that time, it can be overwhelming with all of the things you have to do to run your business. When you start feeling overwhelmed it can be a sign to start outsourcing various parts of the property business. The first thing that you should do is buy your own property and see what it is like when you are living there. … [Read more...]

If you are looking to get a loan for anything, you shouldn't just go to the bank and see if you're good to go. There are somethings that you should do before hand before going straight to the bank. One of the most important things you should be looking out for when trying to take out a loan is the interest rates. Make sure you have the right interest rates for you or you will end up regretting … [Read more...]

Real Estate investing is a great way for the small guys to get a piece of the wealth and money they want to make them rich. If you are looking to start investing in property, you should first own your own. That will help you understand some of the maintenance aspects that comes with real estate investing. There will be time's where you feel emotional, but instead of that you should try to look at … [Read more...]

A psychologist named Jonathan Haidt believes that we are entering an anti fragility state of mind. He shows a lot of evidence of people trying to protect young people too much and that will lead to becoming fragile. You should be protecting them, but at the same time they need to know why they are being shielded in the first place. He does state that just like the immune system, you need to build … [Read more...]

The year 1776 was significant in many ways, but specifically, events in March of that year shaped the world into what it is today. Most events were tied to the War of American Independence, and struggle against the monarch across the ocean, but right there, another event was memorable. Professor in Scotland published a book that aimed to explain the development of nations through accumulation of … [Read more...]

When you are looking to evaluate anything usually real estate, you have to understand why it is where it is at. There are many key variables to lookout for when you are doing your evaluation. Job growth, permits, even the school system are things to look at when you are trying to understand the income growth of the area. There are some things that are different in growth like Home Price vs. Income … [Read more...]

Interest rates have a pretty big affect on the housing market. Obviously the higher that an interest rate is, the more difficult it will be to pay a mortgage. There are other factors at play as well such as inflation. The way that the government fights against inflation is to raise interest rates. Affordability can affect the housing market but not as much as one would think. At the end of the … [Read more...]

When it comes to paying taxes, there is a specific rate that a person must pay depending on how much they earn. The top 1% of earners pay a rate of 38.5% in taxes. The bottom 50% gets the lowest amount of taxes to pay at just 3.1%. When you break it down though, the top 1% of earners pay 43% of all income tax. The issue with this is that the top 0.01% only have to pay 22% of the income tax. Key … [Read more...]

Real investing deals with a quadrant with four different letters which are E, S, B an I. These letters stand for employee, self-employed, business owner and investor. Ultimately the cash flow quadrant depends on how you generate your income. Employees typically earn income from other people. Self employed people are able to get income by working for themselves. You have to realize that each … [Read more...]