Prairie Eco-Thrifter

AUGUST 26, 2011

Real estate is a great investment, because as Teddy Roosovelt once said “you should buy land; they’ve stopped making it.” But like any good investor, you need to realize a few important points before jumping into the often confusing real estate market. Real estate is a highly localized investment.

Real Estate 180

Real Estate Rent Money Cycle 180

Prairie Eco-Thrifter

NOVEMBER 6, 2017

It seemed reasonable to devote a greater portion to real estate, in order to further diversify our portfolio. We planned to rent out the property and thought it would rent quite a few days of the year. We planned our purchase in the heady days just prior to the recession of 2008/2009. Generate an income stream.

Vacation 124

Vacation Rent Taxes 2007 124

Savings Corner

DECEMBER 25, 2023

What if you’re unable to rent out your property? You may suddenly have tenants who can no longer pay their rent, while you may still have a mortgage of your own to pay. Or you may not be able to rent the home out for as much as you could before, as incomes decline. What if you get a tenant who pays late or damages the property?

Money 52

Money Making Real Estate Rent 52

Prairie Eco-Thrifter

AUGUST 11, 2015

My sister-in-law and her husband had one that they used and rented out and indicated that it was doing well. I also wanted a bit more diversification in our portfolio and figured an additional piece of real estate could help that. Unfortunately, I was over optimistic about how many days per year the condo would rent.

Vacation 100

Vacation Rent Taxes Grandchildren 100

Prairie Eco-Thrifter

NOVEMBER 12, 2011

Personal Finance Whiz: Keynesian vs Hayekian Economics – The Solution To Our Recession? Never chase an asset price whether it be real estate, stocks, gold, or anything else. UltimateSmartMoney: 3 Important Tips for Home Renters – Follow these 3 important tips when looking to rent a home.

November 188

November 2011 Personal Finance Finance 188

Prairie Eco-Thrifter

MAY 26, 2016

Although we think of the Great Recession starting in early 2009, it wasn’t until 2013 that the 5 year CD interest rate fell below 1% – and has stayed there ever since according to Bank Rates interest survey data. Saving is a prerequisite to becoming an investor. Investing requires financial backing.

Money 124

Money Saving Money Lowes Grandchildren 124