Retirement Planning – The Pre-Retirement Checklist

Whenever you are going to go on a long trip whether it is alone or with your family, you always make it a point to use a checklist so that you can make sure that you did not forget anything back home, right? It would be more than just annoying to finally get to the beach and start unpacking the car only to find that you left the ice box filled with all the drinks sitting in the garage. It is a rough comparison but retirement is a lot like a long haul trip – you need to prepare for it beforehand and get everything ready before you set out… Read More

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About Purchasing Rental Properties

If you want to boost income while helping your community, consider buying a rental property. When you buy a rental property the tenants’ rent helps you pay the mortgage and other expenses you might have overall for survival. You should first ask yourself if you are able to deal with the ins and outs of being a landlord. You might have to communicate with unpleasant tenants or you’ll need to make repairs to the property occasionally. Are you aware of your city’s zoning laws? Do you have adequate insurance or savings to cover lawyers’ costs should you face a lawsuit from a tenant? Here are some additional tips for buying… Read More

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