Investing in real estate, especially a multifamily unit or duplex, is a huge deal. It’s a decision with hundreds of thousand of dollars on the line and many unforseen risks. It’s a decision that should take time and careful evaluation. In an ideal world, you will have a mentor that has already been through the…
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I’m a little late to the party with this post on the 2020 stimulus checks as some of you have already received yours. But I keep getting asked questions so I’d like to try to answer some of them. Before I answer those questions, let’s just set the stage here. Imagine you are trying to…
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Over the last 18 months, I have made it a priority to pump out as much content as I can for YD&NB. It’s been a rewarding process to track the numbers and I’ve learned so much as a creator and blogger. Hopefully, I also helped a few of you out along the way. But over…
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Chances are that right now, you are either working from home or in full-on quarantine mode. From everyone I’ve talked to, life pretty much sucks right now and I get it. Let’s do a small exercise to take your minds off things or at the least, give you something to do if you’re bored. I…
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A lot has been changing in our world recently but today let’s talk about the market specifically and answer the question: “is now the time to buy?”. This is not my favorite question by far. Why? Well, it most likely means that you haven’t been buying already. I’m not talking about the last couple of…
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To be honest, I hate that I’m having to write another post about the coronavirus situation but here we are. I would love to tell you this will be my last post about the virus but chances are that won’t be true. In case you missed anything and want to get caught back up here…
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What a crazy time we are living in. Coronavirus is spreading, the Fed is cutting rates to zero, people are panic buying toilet paper. There is a lot going on and honestly, I just need this blog post to put my thoughts on paper. Before I even start word vomiting all over this blog post,…
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You’ve decided you want to buy a new property. You’re taking the leap but before you can find that dream home, you need to get pre-approved for a mortgage from your bank. All too often I see people skip this first step and jump straight into house hunting on Zillow or Trulia. Or even worse,…
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Savings accounts have been around for as long as there have been banks. Some people believe they aren’t worth it because they actually lose you money. How is this possible and does this mean you shouldn’t use a savings account? Are you losing money in a savings account? In short, yes you most likely are.…
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Investing in real estate is a fun and exciting adventure but it also takes a little bit of know-how and some math. Don’t worry though, I’m not talking about complicated calculus equations or anything like that. What I want to do is take you through three formulas that can lead you in the right direction…
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