Daily Data 📈
Mortgage balances have risen nearly 2% this quarter (a measly $207 billion). With U.S. debt of all sorts on the rise, it's time we brush up on a strategy to defer taxes and diversify income opportunities with no money down: the 1031 Exchange. Click the image to access a voiceover on why this might be the strategy to keep your debt down and options open.
The Debt Management Rulebook for Real Estate Investors
Some financial gurus will tell you to avoid debt at all costs. And while, as a rule, one should manage debt responsibly – ensuring a high, steady credit score without overleveraging – debt isn’t always a bad thing.
In fact, real estate investors commonly utilize debt to build wealth. If you’ve ever bought real estate, you know! That said, it’s easy for investors to go about leveraging debt the wrong way. And messing up debt means a heavy financial burden!
5 Reasons Taking a Long-Term Approach to Your Investments Is Essential
If you’re an investor, you might be feeling apprehensive in the economic climate of the day. It seems as through risk – and expenses – are constantly on the rise. You might wonder if it’s even worth it anymore!
We don’t blame you for being bummed out. There are plenty of reasons to stress, which is why you shouldn't let your investments be one of them.
The Word
Check out our recommended reading for the week:
- Are modular homes making a comeback? (GreenBiz)
- Why Biophilic Design Is the Newest Trend in Real Estate (Apartment Therapy)
- "Bad News Sells" & Other Pet Peeves (The Grind Podcast)
- Artificial intelligence can serve as a 'great equalizer' in the real estate industry (ZDNet)
- 10 Costly Ways Your Airbnb Property Could Become a Financial Nightmare (Finance Buzz)