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Tagged With "homes for sale near me"

Tagged With "homes for sale near me"

  • Starting A Business/Side Hustles
    The ability to work from home is huge. And, it looks like there's a TON of businesses that might be switching to the format full-time. What's one of the best jobs that's easy to get into and worth your time that you've found this year? Anything that might outlive the pandemic?
  • Topic Reply
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    If you plan to use a Realtor, it is a personality fit, so interview a few and don't feel guilty about firing them if it doesn't work out. Find one that you believe will be able to tell you the bad news, and that will allow you to view the homes you want to view versus the ones they want to view. I work with a lot of first-time Buyers and most require more in-depth education than the internet provides. When looking at homes, the amenities you see in the first 10 seconds make everyone feel...
  • Topic Reply
    @Steve Awesome advice! Looking at every nook and cranny of a home is definitely a must of ALL home-buyers, not just the first-timers. Since you're a realtor, have you seen any of these buyer habits change because of the pandemic? (Are people buying houses faster, and sometimes ignoring the things you listed, because of the "speed" of the market, etc.?)
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    I advocate that Buyers smell the homes. Give it a sniff-test, or if considering remotely, have a Realtor do that and then showcase it through video phone call. Pictures do NOT tell the whole story. Pictures and video does not display a mold or smoke smell, or showcase the "aroma" of pet smells. Most pictures are showcased to highlight a property, not it's defects. On a recent tour I did for a rural home. It took me a while to find the driveway, which was a single-car width driveway with 45...
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    I think it's important to self-evaluate our interests if you're looking for an income source that takes as little experience as possible. For example, we all have certain interests, and most of the time we are doing these things on a daily basis already. It's just a matter of realizing a way to utilize our interests to generate an income. If you spend 3 hours a day reading and writing - can you figure out a way to get paid to read and write? Maybe you could reach out and become a contributor...
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    Bought my first house about a year ago. The process itself was mostly painless, but houses were selling so fast in the area it was sometimes frustrating and annoying trying to find a good deal that wasn't being snatched up immediately. One thing I have learned since buying the house that I never would've considered beforehand is to look at the composition of the soil in the area. Where I live the soil is mostly clay which can expand and contract a lot depending on how much moisture it is...
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    Definitely @Karan S , agreed, it's especially an interesting time right now for that because people are discovering new interests and talents that they didn't know they had before. It's going to be interesting to see a lot of these big industries adapt to the times and establish permanent work-from-home positions.
  • Topic Reply
    One thing that recently helped me start saving more money for my savings and investing funds is by setting up direct deposit of my paycheck to my various bank accounts and then only including the money meant for spending in my budget. So following the 50/30/20 plan that Jaspreet has recommended in some of his videos; I was able to designate 50% of my paycheck to my checking account, 30% to my investment account, and 20% to my savings. Then I build my budget off of the 50% in my checking...
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    Can't answer this question with 100% certainty because I am far from retirement and far from having a million dollars, but the strategy I am currently using to hopefully get me there is to max out my Roth IRA (love the idea of not having to pay taxes on it later), contributing only to my 401k the amount that gets me the full employer match (got to get the free money), and then putting the rest of the money that is meant for investing into other accounts where I have more control over my...
  • Debt Management
    Hi! I'm a recent undergraduate college grad, and I want to go to medical school. I graduated in May 2019 with $65k debt and as of today it stands at ~$22k. I should be able to pay off the rest before April (Thankfully) My complication with medical school is this: I have DACA, which exposes me to deportation, especially if the new supreme court reverses the decision made earlier this year to protect the program. If that happens then whoever cosigns my med school student loans (my family) will...
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    It feels like the headline I see everyday is that the stock market rose on investors hope for the next stimulus bill or something similar. Obviously a lot of how the market is valued is based on how people feel but it seems like too much value has been placed on that recently and not enough on how companies are actually performing. Makes me think it can't continue like this forever but at the same time I don't know if that necessarily means a big drop in the market.
  • Topic Reply
    The question that I would most like to ask is just "What is one piece of information that you wish you could add to or remove from the book?". I know a lot of authors will often release new editions of their books to update the information to fit their current ideas, but it would be interesting to me to see how their ideas have changed over time.
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    Hi @Landon Martin , Just one strategy that comes to mind for me is refinancing. One advantage to this is if you have certain factors in place like a high credit score and equity in your home, you can refinance your mortgage for a lower rate, which will drastically reduce your payments per month. You can then take advantage of these lower payments by making two bi-weekly payments per month, which may help you pay off your mortgage twice as fast. We wrote a complete guide on this, which goes...
  • Topic Reply
    It can be very intimidating, especially in a seller's market. However, find a good agent that is experienced and they will be able to guide you. Buying your first home should not be done by yourself (I am biased but for very good reasons). There are a lot of mistakes that you can make. Most important is having a good down payment so that your payment is manageable. If your mortgage payment is too high (above 45% of your total income- can vary slightly), then it may be too much of a stretch.
  • Real Estate Investing
    Hello everyone! My wife and I intend to acquire our first rental property in the near future. Obviously 2020 has made such a venture a bit more tricky due to the unknown nature of what the real estate market will be like in the coming years while we navigate this pandemic. So I figured I would gauge the Minority Mindset community and get some opinions on whether acquiring a rental property for a first time investor is a good idea right now with interest rates so low, or wait and see what the...
  • Welcome - Start Here & Introduce Yourself
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    Hey everyone, Been watching the MM YouTube channel for a few years, loved the clear and concise message. The content really hit home. My parents didn't teach me what really matters with respect to financial freedom and wealth building. I don't blame them because their parents didn't either. So, with that said I am on a mission to help my son be better prepared. Albeit I feel I am a little late to the party. Either way, that won't stop me from living and working on goals for me and my family.
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    I have two side hustles, both of which are in-person (teaching Zumba classes and event photography). When the pandemic hit, I had to pivot to online Zumba classes (by donation) because my gym was not sponsoring me. For the photography business, I decided to temporarily close. I would like to move toward an online side hustle related to events, but haven't started that yet.
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    I have been using M1 Finance for awhile now and have been very happy with it. I really like building the pie chart portfolio that the money will automatically divide between and invest in. I also like that M1 allows you to own fractional shares of a company so that all of your money can be immediately invested and you dont have to save up until you can buy a full share of a company. A couple downsides to M1 is that you dont have exposure to the full market because they only allow certain...
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    Thanks @Landon Martin It's going to take time (and money) but every little step towards the goal should get me there.
  • #SpendingDetox
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    I never have cash, I buy almost everything online, and even with bank accounts for specific purposes, I blow my budget by transferring funds. Using gift cards, I'm hoping, will force me to use only the amount I've budgeted for groceries, for instance. A second card for eating out, which is where I go wrong most often, will hold me accountable for that. Then investing $1 for every $5 I spend will help me get into the habit of investing more regularly.
  • #SpendingDetox
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    For this year's Spending Detox challenge, I'm choosing 3 challenges that will help me create a strong foundation for my mindset with money. I chose: #1 - 'No Spending' Zone #2 - Create A Holiday Budget #6 - Give the Gift of Time For number one, I'm locking in, traditionally, the 4 biggest spending days of the year: November 27th - November 30th. This encompasses Black Friday through Cyber Monday, which means I'll have to avoid those pesky sales this year. Why? Because if I can avoid spending...
  • #SpendingDetox
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    For various reasons, this is the only challenge that fits me. I tend to overspend and I never negotiate the price and/or look for alternatives. This happens especially with: Food delivery apps the labels: "Amazon's Choice" / "Best Seller" When I'm not in a discount supermarket to get groceries I'll do my best 😱 😁
  • Topic Reply
    Hello! I am currently waiting during these weird times. It seems to be more of a seller market, hence why I am holding off. During this time, I am focusing on paying off one rental property and also saving up to buy the 4th for me to live in when things cool down a bit. I know Jaspreet also has a video on his IG stating that he is also holding off. Just does not make sense to buy right now depending on your goals. For me, it does not make sense.
  • #SpendingDetox
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    This holiday season, I’m choosing Spending Detox Challenges #1 (Declare a β€œZero Spending Zone”) and #4. (Buy Prepaid Cards). With Challenge #1, I plan to limit my habit of online shopping for Christmas by picking four days (November 23rd, November 30th, December 4th, and December 5th) in which I won’t spend at all. The real challenge here is to cut out Cyber Monday - I always head in with plans to buy cheap deals for family and friends, only to spend exclusively on myself. This year, I’m...
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    Thank you for your reply @J-Oldani I did see a few YouTube videos too, that's what got me interested in the topic and the book. As I write this reply it is evident that I will get it. So, it has been decided πŸ™‚ I like printed materials so I will get the paperback. Anyone reading this post is still encouraged to share their thoughts. :Nef:
  • Stock Market Investing
    I'm pretty new to investing, but here it is so far. VTI: 48.55% ARKK: 12.53% ICLN: 10.51% AAPL: 4.69% MSFT: 8.39% TSLA: 6.45% SQ: 2.46% V: 2.75% AMD: 4.38% Ideally, I would like VTI to be 45%, ARKK & and ICLN to be 15%, though I plan on getting out of ICLN and into QCLN. AAPL, MSFT, TSLA, SQ at 5%, and V & AMD at 2.5%. I am not too confident in V and AMD which is why I have them at low percentages. I understand that they are companies worth having long term, but it doesn't make me...
  • Topic Reply
    It's an interesting debate. Say if your mortgage rate is 2%, is it worth putting an extra $1000/mo when you could be putting that into an investment portfolio, which will *likely* yield greater than 2% over the course of 10 years? I have decided to NOT pay down the mortgage, but put these extra savings into investments with the goal of pulling out to pay off the mortgage in 5 years. I've decided this for two reasons: 1) Assuming the investments go up 5-10%, that's a few more thousand dollars...
  • Stock Market Investing
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    Metals like gold, and other 'new-age' stuff like crypto, seem to me like as good as or better than real estate, because you never know when your property will be seized or taxed by the government beyond what's worth it. IIRC he mentioned something about current tax benefits for RE vs. metals, and I haven't seen any of his new videos in months, so maybe something changed.
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    I recommend people get licensed. In many states, accepting a fee for real estate services requires a license. To me, it is always a good time to get started. For financing questions as a lender.
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    UPDATE FOR MY SPENDING DETOX CHALLENGE: Okay, so, I decided to not spend any money from Black Friday through Cyber Monday of this year. I did not realize how tough this would be... There was so many things that I wanted to buy that weekend I almost lost the challenge I think 100 times lol. However, I stuck it out, and didn't spend any unnecessary money on those days and now I have a ton of cash in my bank account to add onto for 2021 or invest next year, while the rest of my friends are...
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    Allow me to ask my crystal ball. I'll let you know what it says
  • Starting A Business/Side Hustles
    I am going to head the largest organization in the world. I have over 100 pages of ideas, inventions and concepts that I have created. I have some interesting it different strategies to help accomplish this goal. If anyone is interested, reach out and contact me...
  • Retirement Planning
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    Hey all, I am new here. however I have been reviewing and listening to the topics for a while. What I am having difficulty on is this: 401K is pre tax dollars. Any investing money after you get paid is money that has been taxed. Shouldn't the best advice be for retirement planning to max out your 401K contributions before thinking on any other long term investing with after tax dollars? Max out means contribute a full $ amount you are allowed per year, which includes you employer...
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    Hello, I too am also trying to retire early. I also do not want to wait till I am 65 to retire and not have the energy as I do now to get around and travel. I see you have a great list here. However, for me what has worked the best is real estate. This brings in passive income from 3 properties. I have paid one off at the end of last year. Now all profit. Even though I want to buy another one for me to live in, I do not think its a buyers market with the influx in prices. I will wait it out.
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    Hello @Nathan_Gregory What I did was talk to 2 realtors at the same time (Without them knowing). I wanted to know who was more transparent with me with the whole process. After I found out who was more informative/transparent I chose them. Along with feeling comfortable with them. Also did a lot of googling so I would not get fooled. Or at least try to minimize those possibilities. Also, cant go in blindly into this process. Also, once you are qualified, the realtors will obviously try and...
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    Hello @American.Champion I would personally not be buying at this moment since it is a sellers market. I been holding off on buying since the prices are so high. I rather wait it out a while longer to get a better deal. I know we cannot time the market, BUT me personally, will take that risk and wait. For now, I am saving up more capital to give a bigger down payment to drop monthly payment. If you buy at a higher prices, your ROI will be lower. I have 3 properties in California. 1 in Norcal...
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    Hello @RP I had the same thought process, but I took the other route of just paying off the home. I thought this would best fit my case to produce more ROI to buy another home and have a lower debt to income ratio. Also, this would open more doors for me to cash in on the full amount of $$ from this rental. Also, to not end up paying triple for the house after the 30 year. You can also do what @Nathan_Gregory mentioned and refi to lower interest, BUT still pay the full price that you were...
  • Topic Reply
    @Riva951ie that is great. Based on what you've mentioned looks like you are on the right path. Good luck on the house hacking for your next purchase. Seems like a solid plan for your next investment. Can you tell me a little on what type of property you purchased first and how you made the decision to go for it? Any challenges that were not foreseen? (any reply can be concise) I know it can be burdensome at times to type out the answers to some questions. πŸ™‚ :Nef:
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    Great topic question, I will bite: As you go down the rabbit hole of researching the topic of 'Getting Out of Debt' you will surely find that there are a few approaches to consider yet, the conclusion will be that the path chosen is simple to understand but very hard to stick to. My recommended approach to tackling debt while not having enough means (low income) are as follows. 1. Know Your Numbers: You have to know how much money is coming in and how much money is going out. Have a record...
  • Saving Money
    Hello all, here's a bit of a deep seeded question so I'll give a little back story to help clear up some details. I recently had to sell my house and find a new job due to the pandemic, the job I found is great, and even pays more than my previous one. The downside, it's in an area that houses are way above my ability to offer. I'm the soul provider for a family of three and we found a place to rent that we can easily afford and save money while doing so. With the sale of the house we have...
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