Recent Articles in Home
House hacking is essentially a real estate investing strategy where you can earn income by renting out different rooms of your primary residence.
The concept originated from homeowners who lived in areas where it was too expensive to purchase their own homes. They found it difficult to make ends meet due to costly property prices and monthly mortgage payments. As a solution, they decided to live in multi-unit properties and lease the unoccupied units to interested parties. That way, they were able to offset their expenses and earn profit from the rent payments of their tenants.
Part of the excitement of decorating on a budget is figuring out how to use what you have. If you’re looking to save, you need to look at all options available. Some of these may even lead you to spend more time than you usually would, but the payoff will be there if you only pay a fraction of its supposed cost. Here are things for you to consider.
Good credit can make your life easier – and that’s a fact. You see, your credit score affects more than your ability to apply and get approved for loans and credit cards. It can also raise your overall credibility in the eyes of many financial institutions, insurance companies included.
Each potential homebuyer needs to develop a unique real expenses budget based on his or her own circumstances. This involves developing priorities and an understanding of how these priorities affect the household budget as well as the future budget as a homeowner.
If you have filled out a job application in the 21st century, the potential employer has likely requested your permission to look at your credit as part of their background check. Many job applicants wonder what their credit background has to do with their job qualifications.
It's smart to set aside 1% of your home's value to build a robust emergency savings account, but it takes more than a rainy day fund to properly maintain a home.
While you saved for your home's down payment, you probably dreamed about all the memories you'd make once you moved in. You might have pictured raising a family or hosting holiday parties. Did you also imagine paying for expensive repairs?