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The Unique Struggles of Being a Young Landlord

Prairie Eco-Thrifter

It became apparent that there are some unique challenges of being a young landlord. As a result, things were broken and damaged more often; the tenants seemed to think that because the landlords were young, they didn’t care about their belongings and their investment. Tenants are More Relaxed – In a Bad Way. Money Tips'

Landlord 196
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Is Now The Time to Buy a Home?

Prairie Eco-Thrifter

Just think – when the pipe breaks, you just call your landlord and you don’t have to deal with (or pay for it) yourself. Top 5 Benefits Of Home Ownership What To Consider When Deciding To Buy a Home Credit Scores and Their Impact on Finances Interesting Ways To Finance A Car Planning How to Buy a House. Money Tips'

Home 186
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Yakezie Carnival November 13, 2011- November Edition

Prairie Eco-Thrifter

Now without further adieu, I present you with the dozens of great reads written by Yakezie members and challengers alike this past week in our efforts to bring you timely insight on personal finance and lifestyle today. Personal Finance Whiz: Keynesian vs Hayekian Economics – The Solution To Our Recession? I’m a geek, he’s not.

November 188
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Eight Things I Learned After Becoming a Millionaire

Prairie Eco-Thrifter

Managing your finances gets a lot more complex and time consuming. You don’t have to contend with deciding which bill to pay or how to avoid a debt collector’s call or trying to keep the landlord off your back. , but rather for the satisfaction of making a positive contribution with my time and effort.

Money 247
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Ways to Build Credit Without Relying Solely on Credit Cards

Prairie Eco-Thrifter

None of these services depend on landlord participation. Bank accounts don’t factor into your credit score, but the relationship you have with your bank might lead to financing opportunities. 5 Common Reasons Your Credit Card Application Was Denied Planning How to Buy a House Credit Scores and Their Impact on Finances.

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Should You Buy a House Now?

Prairie Eco-Thrifter

If you have the temperament to become a landlord, you can purchase the home and then rent it out, earning money each month. Adding another debt obligation while you are already struggling with high-interest consumer debt, can burden your finances. Others want to buy a house as an income property.

Buy 217
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Selling Your Investment Property?

Prairie Eco-Thrifter

Not everyone is cut out to be a landlord or landlady. However, we have not been able to claim that loss due to the overly complex and landlord unfriendly income tax laws we now have. Defer paying the entire amount of the tax by doing seller financing and only paying capital gains as you receive the payments.