Investing is an integral part of building your financial house. While saving an emergency fund and budgeting is crucial to staying out of debt, you won’t build wealth (and outpace inflation) without investing. Compounding works its magic by growing your net worth the earlier and…
Homeowners insurance is designed to protect you against the high cost of property damage. But just because you have home insurance doesn’t mean you have protection from all disasters and mishaps. For example, most homeowners insurance doesn’t cover flooding. Yet flood damage in the U.S….
With many of us spending more time than ever in our homes and less money on travel and eating out, home renovations are all the rage. According to Harvard’s Joint Center for Housing Studies, fully 80% of homeowners engaged in some sort of renovation project…
![Common Real Estate Investing Mistakes [+ how to avoid]](https://womenwhomoney.com/wp-content/uploads/2021/01/real-estate-investing-ups-and-downs-768x402.jpg)
Real estate investing can be an excellent way to build wealth. And with low-interest rates, the internet, and reality DIY shows, it’s become more popular than ever. But those things have also fast-tracked people into making some mistakes. When you’re getting started, there’s a lot…
You found the perfect home, it fits your budget, and you’re ready to put in an offer the seller can’t refuse. But it’s not as simple as offering a fair price. Low interest rates and high demand for homes in some areas create a seller’s…
![Why You Need a Home Inventory [+ how to create one]](https://womenwhomoney.com/wp-content/uploads/2020/11/colored-drawing-of-a-houses-inventory-768x403.jpg)
Each year, one of every 20 households file insurance claims due to theft, fire, wind, and water damage. In 2019, losses from natural disasters topped $25 billion, and 2020 is shaping up to outpace that number. It’s not something anyone likes to think about, but…
If you look around you, it might seem crazy not to be buying a house right now. In parts of the country, people are in bidding wars, homes fly off the market, and house prices are rapidly increasing. But real estate is not always a…
Is now the best time to buy a home? How much can you afford to spend on a house? Do you have enough for a down payment? Where do you want to live? If you’re thinking about buying a home, it makes sense to get…
Whether you’re buying your first home or your third, it’s an exciting time. After all, it’s one of the most significant purchases you’ll ever make, and it’s a place where you’ll make lasting memories. It’s also quite a process to get from home viewings to…
For decades, experts have warned Americans not to rely on Social Security as a viable way to support themselves during retirement. The Federal Government implemented Social Security in 1935 to provide Americans with some income to supplement their finances after retirement. But Social Security was…
![Selling a Home to Someone You Know [Good Idea?]](https://womenwhomoney.com/wp-content/uploads/2020/06/Selling-house-to-family-or-friends-1-768x403.jpg)
You’ve decided to sell your home and a friend or family member has expressed an interest in buying it. Even though it seems like a much simpler way to sell your house – remember that easier isn’t always better. There are plenty of advantages to…
Live in house flipping is a real estate investing strategy that can certainly pay off – if you’re up for the challenge. It’s a slower approach than traditional house flipping. But live-in flips have some unique advantages that can make them profitable. With a live-in…
Investing in real estate is a popular way for people to build wealth over time. Commercial real estate may interest more seasoned investors. But those who are just starting usually invest in single-family rentals or smaller multi-family properties. House ‘hacking’ has also grown in popularity…
Pros and Cons of Real Estate Investment Clubs It seems like a lot of people you know or read about are trying to build wealth through real estate. Some buy houses to “flip” and others are buy-and-hold investors. There are investors only buying single-family rentals…
When you have financial goals, like college savings, retirement, or financial independence, becoming a landlord is an effective way to help you reach those goals. Becoming a landlord through real estate investing is often described as a relatively passive source of income. In other words,…
What happens to your assets when you die? Unfortunately, there isn’t a cut and dry answer to that question. Some of your things will go through probate, while others won’t need to. It depends on the type of property you have and where you live….
From the down payment to financing to finding the right home – there are many things to consider when buying a home. It’s all much easier – and less stressful – when you understand the process and prepare. Though it’s easy to get caught up…
Whether you currently invest in real estate or are new to the idea, buying rental property in a college town might have crossed your mind. Much of the standard real estate investing advice applies to properties in college cities. But there are some key differences…
You’ve worked hard to pay off your home. But the time has come to sell. Whether you’re upgrading, downsizing, or moving to a new state – you’re in the financial position to “act as the bank” for the new buyers. Holding a mortgage note, also…
The answer to whether or not real estate investing is a good way to build wealth depends entirely on your definition of wealth. Your individual long and short-term goals, as well as your threshold for risk, are crucial factors in determining if investing in real…
Buying a home is exciting. It’s also one of the most significant financial decisions you’ll ever make. So you want to get it right – and you want to get it right the first time. If you’re purchasing your first home, you may wonder if…
Whether you already own a rental property or are looking to get into real estate investing as a way to grow your wealth, you may be asking yourself this question. Should I use the property as a long-term rental or try short-term rentals on a…
You hear about people not saving enough for retirement on the news. Oodles of articles report on women living longer than men and the struggle many women have with money in their later years. Family members, friends, and online communities mention the importance of women…
Whether you’re looking for a bargain on your first home, hoping to score a great deal on a bigger house, looking for a house to flip, or investing in another rental property – your attention is focused on foreclosures. But is it a good idea…
Perhaps you lost your job after going through a divorce. Or you’re suffering from a severe illness or injury and unable to work. Whatever the cause, you’re now struggling to make ends meet and worry you can’t pay your mortgage. On top of it being…
Whether you are looking for a new part-time job, considering a side hustle to supplement your 9-5, or thinking about investing in rental properties, you wonder if you can make good money as a part-time real estate agent. You’ve always been interested in real estate….