In The News

Warren Buffett says this is the ‘biggest mistake’ people make with their money (and psst: it has to do with savings)

Warren-Buffett

Warren Buffett, the infamous 91 year-old Oracle of Omaha, is worth roughly $100 billion — and could clearly spend frivolously. But Buffett is notorious for his spendthrift ways (remember, he eats at McDonald’s frequently) and his emphasis on creating financial security.  He’s also a big fan of learning to save money

Investment property statistics and tips 2022

investment-property-statistics

The concept of investing might make you think of buying and selling stocks and bonds. However, you can also invest by purchasing an investment property, whether you plan to rent it out for a long time or fix it up to sell for a quick profit. As you compare options to buy

The Debt Service Coverage Ratio and How to Calculate It

The debt service coverage ratio (DSCR) is used to determine the ability of a business to cover additional debt payments. Lenders use the DSCR to determine whether to approve a loan or a mortgage.

A ‘shakeout’ among mortgage lenders is coming, according to CEO of bank that left the business

Personal finance advice typically divides debt into two categories, with “good debt” including college loans, loans for buying a home and business loans.

Rental Properties: Pros and Cons

Minimalist Property

Owning a rental property can be financially rewarding. If you’re exploring this type of real estate as an investment, be aware of the risks and responsibilities.

Good debt vs. bad debt: Why what you’ve been told is probably wrong

mortgage is good

Personal finance advice typically divides debt into two categories, with “good debt” including college loans, loans for buying a home and business loans.

What Is a Mortgage?

mortgage

A mortgage is a type of loan used to purchase or maintain a home, land, or other types of real estate. The borrower agrees to pay the lender over time, typically…