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House-Hacking Rental Property
House-hacking refers to buying a multifamily property on an owner-occupied mortgage, living in one unit and renting the others. If you’re thinking about becoming a rental mogul, starting early is an advantage. Not only will you have longer to accumulate a larger portfolio, you can increase the leverage on the first acquisitions if they are […]
How to Avoid a Gender Gap When Investing in the Housing Market
When buying a home, we all want to feel like we’re making the right decision, paying a fair price, and making the best investment of our lives. According to a recent gender-based study, men and women can unknowingly walk away with very different financial outcomes when the deal closes. Thankfully, if you follow some simple […]
What goes with the house?
Sometimes, there can be confusion on what goes with the house and what goes with the seller when they move. Generally speaking, the house is the land and buildings and any fixed or attached property. Permanently installed and built-in items are considered real property. Some things are obvious such as built-in appliances, wall-to-wall carpeting, light […]
Have you tried this buffet?
Are you a misplaced Southerner dreaming of the comfort food you grew up with? Or maybe you’re just a native Coloradan who really likes the flavors of the south? Either way, you are going to want to pay close attention, as Bourbon Brothers in Colorado serves an all-you-can-eat buffet that’s full of delicious southern flavor:
Characteristics of Home Buyers
The 4 C's of Qualifying
Qualifying for a mortgage can be explained with 4 C’s. Capital indicates the borrower has the necessary funds for the down payment and closing costs without exhausting their savings. Capacity shows that the borrower has the ability from income to pay back the loan. Credit history reveals the borrowers FICO score, which is a composite […]
Strength of the Economy Is Surprising the Experts
We’re currently in the longest economic recovery in U.S. history. That has caused some to ask experts to project when the next economic slowdown (recession) could occur. Two years ago, 67% of the economists surveyed by the Wall Street Journal (WSJ) for the Economic Forecasting Survey predicted we would have a recession no later than […]
Rent or Buy?
Don’t miss the walking tour this weekend
The Wild Goose Meeting House 401 N. Tejon, Colorado Springs, CO 80903 Don’t miss the hour long tour that will introduce you to Downtown and historic landmarks of Colorado Springs. This months topic is City of Sunshine. These tours are monthly or you can reserve your own private tour of 10 people or more. Next […]