According to CNN Money, the most expensive housing market in the USA is... drum roll please... HONOLULU! I can attest Honolulu, is VERY expensive, but it is possible to live there cheaply if you do it right. Heck, I lived in Honolulu for about $1,000 a month, but it's not for everyone. If you're focused enough on achieving financial freedom in...
Housing is by far the most expensive budget item for practically everyone. So it should come as no surprise that we spend years of our lives working simply to pay for the place we call home. But exactly how many hours of your life are dedicated simply to having a place to sleep at night? And...
We've all seen those commercials for bowflex and 6 minute abs, but have you checked out the recent home mortgage calculator workouts? Intense doesn't even begin to describe how much financial fat you'll burn with these bad boys. Unlike 6 minute abs, you can have them all completed and get your home finances ripped in just 5...
Is now the best time to buy a house since the great depression? I think so, and after reading through this article I think you may also side on the fact that now is an amazing time to get into home ownership. 2012 has the potential to be the best year for buying a house in over...
My First House
So you think you're ready to get a pad for yourself? Buying a house, for many, is the single largest financial decision of their lives so It's no surprise then, that this decision shouldn't be taken lightly. The decision to tie yourself to payments for 15-30 years is huge. As someone who owns several residential...
You see them in almost every neighborhood, but did you realize that trees are a great way to raise the value of your home? According to a diagram presented by the arbor day foundation, trees can increase the value of your property by up to 15%. That's a big shift! If you owned a home that is...
How often are you home? When you're there are you using every area of your house? Are there rooms of your house that go untouched for weeks at a time? Each of us are home for different amounts of time, so each of us gain different levels of utility from our place of residence. However, we all...
Fixing Up a House
This is a property I purchased in 2015 and simply haven't had time to complete, but will be working on in 2017. I'll begin to track my budget and eventually return on investment as I begin to focus on this project more in the summer of 2017. Until then, here are some current before pictures along with...
Think long term and try to pay off your mortgage early Being a homeowner has many benefits, but being wed to debt isn’t one of them. Paying the minimum balance on your mortgage will keep you in debt for the majority of your life, as traditional mortgages are 25-year or 30-year commitments. Start thinking seriously about your financial future by...
Calculating real estate values can be as simple as 1, 2, 3! There are three ways appraisers go about determining the fair market value of income producing property.  These three approaches are: Income Approach Market Data / Comparable Sales Approach Cost / Replacement Value Approach Each of the models is unique and take a completely different viewpoint.  You'll notice that I also used two...