article thumbnail

5 Economic Assumptions We (still) Make That Won’t Always Be True

Prairie Eco-Thrifter

Real Estate Will Always Have Value. Ahem… , we all saw real estate fall in 2008, 2009 and 2010 – but do you believe that it is now on the rebound? Some believe that we are in for an even bigger real estate bust in the 2014 – 2016 years. Are you snapping up property at low interest rates?

article thumbnail

Selling Your Investment Property?

Prairie Eco-Thrifter

Some of the costs you may encounter in a real estate transaction can be quite expensive. Real Estate agent commission : Negotiable! In addition they paid the real estate commission of 12,639 (6% – which was split 50-50 between two different realtors) as well as a first and second mortgage.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Types of Investors

Prairie Eco-Thrifter

His idea was to buy some land, a bit outside his own area and develop it into an estate type community – homes with acreage. This man works for a family firm that deals in real estate and has some connections to people who have done development, but has no experience himself. Real estate investors.

article thumbnail

Meet Aja. She & her husband Paid Off $110,000 in Debt

Family Balance Sheet

I had a client engagement in Las Vegas in March 2014. We have the money now to buy 20 dining room sets if we wanted to, but we are opting to live as frugally as possible now. Once we max them out, we hope to put excess cash into real estate and potentially additional brokerage accounts. It was an awesome celebration.

Debt 100
article thumbnail

Our 2018 Financial Goals

Family Balance Sheet

I want to challenge myself to rethink our purchases by taking advantage of more cost effective solutions, like borrowing, buying second hand, or just making do with what we already have. 2014 Update. DONE – 6/1/2014. Breathe & consider investment options, such as real estate. Choose Thrift First. 2017 Update.