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Archive | December, 2017

Dec 12

Always know your current home value with Homebot

As a Homeowner, you probably realize you should maximize the wealth in your home. And, like most, you probably realize there are many different ways to do so. But, it’s easy to get confused and you just don’t have the time to figure it out. Homebot is a monthly financial dashboard that gives you the answers.  Homebot shows you exactly what you can do when and precisely how much wealth you will build. HomeBot tracks: your current and historical estimated market value of your home; appreciation since you

Dec 2

Five Pitfalls to Avoid When Investing in Real Estate

Here are five of the most common pitfalls associated with investing in real estate: House Price Risk (up or down): what if the house goes down in value?  That’s why it’s important to evaluate mortgage, cash flow and debt planning strategies that won’t put you in a bind if house prices stagnate or go down a little bit.  On the other hand, what if the house goes up in value and you haven’t pulled the trigger yet?  That’s why it’s important to get yourself a solid mortgage approval BEFORE you go

Dec 1

How to Benefit From a 1031 Exchange

A 1031 Exchange could allow you to defer the capital gains tax on the sale of investment property if you roll over all the sales proceeds into a new investment property. Here’s how it works: The buyer of the investment property that you’re selling gives his/her funds to a “qualified intermediary” who keeps the funds in escrow on your behalf Within 45 days of the sale of your old property, you identify a replacement property that you’d like to purchase Within 180 days of the sale of your