If you’ve been looking for opportunities to build passive income, you may have considered investing in real estate. As people are starting to wait longer before buying their first home, landlords are cashing in and building strong real estate portfolios.
There are many options for every choice when it comes to investing your money. From stocks or Forex trading to investing in real estate, there is something for all risk profiles, budgets, and timelines. But this also means that there is a lot to consider before you invest.
How many times have you felt like you need to make a little extra money? Sometimes the budget can feel a little thin, or maybe you just want to increase your savings or start preparing for a major purchase. The easiest solution is to ask for additional hours at work. But what if you’re paid a salary or your job is cutting back on hours… or you have other responsibilities?
If you’ve decided that you’re ready to buy your first home and are gearing up to apply for a mortgage, you’re probably wondering how much of a down payment you need to prepare for. You may find that there are special down payment assistance programs in your area or that you qualify for a loan program that offers 100% financing (like a VA loan for example).
We have been trained to believe that success equals a college education, stable employment (with benefits), a family, nice cars, and the ability to buy your dream home with a real estate company like Jeeves Realty. What we’re not taught is how to acquire assets that help us to build wealth and create true financial freedom.
As glamorous as extreme couponing may be to some… it’s likely not the picture you had for your financial situation. Being a multi-millionaire, owning some property and a few lucrative investments… sounds a little more like it, right? While I can’t promise that you’ll be the next Warren Buffet after reading this article, I can make sure that you’re at least able to get your expenses under control.