Key takeaways Your mortgage isn’t the only cost— taxes, insurance, and maintenance can add up. Be prepared for ongoing expenses like property taxes and homeowners insurance. Set aside money each year for repairs and maintenance. Don’t forget about utilities, HOA fees, and upfront costs like closing fees. Budgeting for these expenses now can save you...Read More
As part of the SME Spotlight Series for MFC: We are pleased to present Shay Novak and Lendevity: Shay Novak President Shay Novak began his journey in the mortgage industry right out of college. He started out as an assistant to two loan officers, quickly learned the ins and outs of the industry, and got...Read More
As part of the SME Spotlight Series for MFC: We are pleased to present Shay Novak and Lendevity: Shay Novak President Shay Novak began his journey in the mortgage industry right out of college. He started out as an assistant to two loan officers, quickly learned the ins and outs of the industry, and got...Read More
If high stakes scare you, real estate might feel like too much, but proper planning and financial intelligence can reduce the risk. These are the best tips to help align your real estate goals with your financial plan and what mistakes to avoid. 1. How To Avoid A Steep Gamble Real estate can...Read More
This Friday we observe Veterans Day. For some, this may be a day off work or school, or an opportunity to sell or buy discounted furniture. However, we should also take a pause and remember the real reason we observe this day. Originally deemed Armistice Day to honor veterans of World War I, it was...Read More
In retirement planning, the main thing people must worry about is how much savings they have acquired. Most people prepare a specific retirement savings goal and their whole life to save up accordingly. However, statistics from Gallup show that only around 43% of people expect to have enough financial stability when they retire eventually. Many...Read More
Everyone has heard the advice: “Invest in real estate. Land is a scarce resource, so once you have some property, the price can’t help but go up.” While real estate investment can undoubtedly be one of the best options for generating long-term wealth, it is no slam-dunk that every real estate investor will be successful....Read More
Are you ready to begin a new business, but you’re not sure where it should be located? Inexperienced investors or owners might be considering a random place on the map that they think is most convenient. However, that’s one of the biggest mistakes you can make as a beginner. The location of your commercial properties...Read More
Being able to talk about money and work through uncomfortable conversations is the mark of a strong partnership. Many of us would agree with that but that doesn’t mean we’re good at it. Most people do not grow up hearing adults modeling healthy financial conversations, which means most of us could use some practice developing...Read More
What would your tax planner do? Did you become a Bitcoin millionaire last year and cash in? Tax day is only a little over a month away and it’s almost time to settle up with Uncle Sam. Are you self-employed? Have a rental property? Any foreign income or investments? Did you track your transportation expenses when...Read More
