Market Value vs. Inflationary Price Point

Fifteen years go by, the mortgage is paid down a little, the development is finished with homes like yours; some smaller but pretty much like yours. Your life has changed and you need to sell your home. You do some math and, based on the CPI inflation rate calculator over your 15 years, you think your house is worth $262,100. The bank shows the principal balance on your mortgage to be $125,628. . . . → Read More: Market Value vs. Inflationary Price Point

Real Estate -Part C (A Book Review on Real Estate Investing)

While researching this topic, I read a book by Frank Gallinelli called “MASTERING REAL ESTATE INVESTMENT”, Published by RealData Inc, 2008.  This book has extensive definitions and example problems (with answers) along with real life case studies.  This topic is one that requires much knowledge and experience to master, but this book  is a quick . . . → Read More: Real Estate -Part C (A Book Review on Real Estate Investing)

Real Estate – Part B (Example of Buying a House)

A house fits the definition of “Real Property”. There are two types of house properties: the first is the typical one – you are going to live in the house; the second is typical, too but is quite a bit different for your investment portfolio – you are not going to live in the house but you are going to lease it to someone else and they will pay you something to live in the house. We are going to do an exercise on buying a house you to live in. (We will be using each of the terms in “PITI”. If you need refreshing, see the previous post.) . . . → Read More: Real Estate – Part B (Example of Buying a House)

Real Estate: Part A – Before You Start Investing

Before you start investing and using your nest egg to create a Stream of Income by using the opportunities presented by the Real Estate Market, you will need to embed these basics into your conscious and your sub-conscious. . . . → Read More: Real Estate: Part A – Before You Start Investing