A brief description of PMI
Friday, November 01
PMI, or private mortgage insurance, is a lender's protection in the event that you default on your primary mortgage leading to foreclosure on your home. Lenders typically require a down payment equal to 20% (or greater) of a property's purchase price when borrowers apply for a home loan. If a bor...
What is the rule of 72?
Thursday, October 24
The rule of 72 is a quick method to determine how many years it would take an investment to double in size, given a fixed annual rate of interest. While online calculators and spreadsheet programs have functions that provide more accurate calculations to precisely time how long it takes to double...
Different Types of Real Estate Investments!
Wednesday, October 23
Real estate is one of the greatest ways to build wealth, no secret there. Now there are hundreds of different ways to invest in real estate...maybe even thousands! (looks like I’ll have some more blogs to post...) Today I will share with you the four types of real estate: residential, commercial,...
My House Hacking Story
Sunday, May 14
This is my house hacking story that will go into a little depth of how I got into real estate, live for free, and show some rough numbers of my first rental property. This is my first “blog/forum” and this will help me achieve my goal of sharing more experiences and information through blogging. ...