Monthly Archives: July 2019

    • Get Leverage Working for You

      Leverage is an investment term that describes the use of borrowed funds to control an asset; sometimes referred to as using other people’s money. Borrowed funds can affect the investment in your home positively. For instance, if you had a $100,000 rental property, collected the rents and paid the expenses and had $10,000 left, you … Continue reading Get Leverage Working for You
      Written by Carla Higgins
    • Building Equity

      Owning a home is the first step to building equity. Tenants build equity but not for themselves; they build it for the owners. Equity is the difference in the value of the home and what is owed on the home. There are two dynamics that cause this to grow: appreciation and principal reduction. As the … Continue reading Building Equity
      Written by Carla Higgins