Real Estate Investing

Using your Home Equity to Build Long-Term Wealth

Posted by Brad Speniel | May 22, 2015 at 10:46 am

ESTIMATED READING TIME: 2 minutes

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One of the secrets of the rich is that they habitually look for ways to increase good debt and eliminate bad debt. Good debt is used to make an investment that appreciates in value and puts cash in your pocket, while bad debt is used to buy a “doodad” that
depreciates. Your mortgage is an example of good debt because it helped you purchase a house that will rise in value over the long term. Now, why not consider using the equity you’ve built up in your home to create even more value? For example, refinancing your mortgage to invest in revenue property can provide a variety of unique wealth building advantages. Here are a few:

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What you Need to Know when Deciding to Invest in Real Estate

Posted by Brad Speniel | May 22, 2015 at 8:47 am

ESTIMATED READING TIME: Less than a minute

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If you have decided to invest in real estate, you have likely already been doing extensive research to determine whether this is the right undertaking for you. You may be feeling overwhelmed with the number of articles you have come across while trying to find out what integral facts you need to know before you begin to grow your portfolio. But when you compile it all together and begin to break it down, there are a few major items you need to know before you begin investing. Knowing these important elements is crucial in your outcome as a successful real estate investor and will ensure you accomplish your goals.