Get Cash for Your Home Equity – No Monthly Payments Required with Unison HomeOwner [Review]

Nationwide, many homeowners have been paying down their mortgages and have built up significant equity in their homes. At the same time, home prices have been rising. That means a lot of people are looking for ways to tap into the equity in their home. The traditional way of tapping into home equity is to […]

How I Raised the Rent on Our Rental Property without Being a Mean Landlord

This past year we lost a long-time tenant. Sad. While we were bummed to lose them. The change gave us the opportunity to raise the rent and improve the monthly cash flow. We were able to increase the rent on our rental property by $300 – from $1,875 to $2,175 per month. That’s quite a […]

What is Private Mortgage Insurance and How Can You Avoid It?

Editor’s note: Here’s an excellent contribution on the subject of PMI from my friend Ben Feldman. I recently reached that time in life where I’m starting to think about buying a home. I’m ready to settle down, and I like the idea of owning my own place. As I’ve begun to do my research, I’ve […]

6 Different Ways to Invest in Real Estate (from $10 to $100,000)

PT’s note: This comprehensive article was contributed by Eric Bowlin from IdealREI.com. I first heard Eric on this Bigger Pockets episode. He lives here in Texas with me now and we regularly get together for lunch and talk real estate and business. Here’s Eric…. It’s remarkable to see how real estate investing can create so […]

Avoid PMI and Keep Your Cash with Unison HomeBuyer [Review]

The dreaded PMI. Private mortgage insurance. Can we all agree that it stinks? I remember when I was considering buying my first home – after some initial research with my personal finance blogging peers – it became apparent that I needed to do everything in my power to avoid PMI. After buckling down and saving […]

The Cash Flow Analysis for Our Rental Property at Year End 2016

It’s time once again to do our annual rental property cash flow analysis. To see previous years, visit the link at the bottom of the post. 2016 was a pretty good year for our rental property. It didn’t start out that way, though. Things were shaky in the first quarter. Home values and subsequently, property […]

9 Surprisingly Big Benefits of a Smaller Home

It’s hardly news that downsizing your home will save you money. In addition to the lowered mortgage payment and taxes, you’ll also spend less on utilities and maintenance. But living in a smaller house isn’t just a smart financial decision. Deciding to downsize can also improve your quality of life. Here are five nine ways […]

The Lame 25% Rule and How Much House You Can (Responsibly) Afford

Right now, home prices are low, and mortgage rates are attractive. As a result, the temptation to buy is great, especially for first time homebuyers who want to get in now, while they can save big. However, just because you think now is a good time to buy does not mean that you should. Make […]

How to Plan a Move Across the Country

Have you ever thought about packing up and relocating to a new city or state? A lot of people do (on average 7,628,000 move to a different state each year). They do it for many reasons which may include pursuing job opportunities, moving closer to family and friends, or simply a change in lifestyle. Relocation can […]

12 Top Personal Finance Podcasts (Great for Your Commute!)

I know a lot of people have rough commutes. After living in two major metropolitan areas and having to patiently ride out the commute to and from the office each day – I get it. 30 minutes here, 45 minutes there, and before you know it, you’re on the road for over an hour everyday. […]

These Smart Home Improvements Will Help You Yield the Best Returns at Resale

Have you ever considered a home improvement project? Perhaps you received a sizable tax return or company bonus and are looking to invest in your home. A home improvement project can be a great investment or it can actually be a waste of money in terms of recouping the costs when you sell. Certainly, smart […]

Renting vs Buying a House: Pros and Cons from a Renting Convert

Last year my wife and I decided to make the biggest change in our 12 years of marriage. We decided to pursue our dream of living by the coast. We sold our house in Dallas, TX, packed our belongings, and moved to sunny SoCal! Well, it wasn’t exactly that simple. It took almost a year of praying, […]