Pay Down Debt Or Save For A Downpayment?
My friend is looking to buy a house one day but has credit card debt and a car payment. How should she allocate her excess cash?
Real Estate
Real Estate
Real Estate
Is Selling A Co-op in NYC Worth It? A Real-Life Example + Key Lessons
In November 2023 we sold our apartment in Riverdale, the Bronx. In this post, I share the ROI and what I would do differently next time.
FIRE, Real Estate
Sell, Hold, or Refinance? How to Pull Equity Out of Rental Properties to Fuel Your FIRE Goals
We rebalance our paper assets regularly but with real estate, we have so far treated it as a long-term buy-and-hold. However, a variety of factors are making us reconsider whether to hold, sell or refinance.
Real Estate
Update On The Duplex In Upstate New York — And Our New Real Estate Targets
In my last post, I weighed the rent v. buy decision for a property we would only use part-time. The property we were considering was a duplex (not pictured) in upstate New York, about 30 minutes from Albany and near a SUNY (State University of New York). While the property had enough potential that we […]
Real Estate
Should We Buy A Duplex In Upstate New York? The Rent Or Buy Calculation For A Part-time Destination
We’re not actively looking to buy more real estate right now, but every week or so, I look at certain geographies I’m interested in – one of which is upstate New York near Albany. We already know the area because I helped a friend who lives there come up with viable alternatives when a rent-to-own […]
Real Estate
Overexposed In Florida? 4 Reasons To Rebalance Our Real Estate Portfolio
How often do you adjust your investments? Periodically (annually, quarterly), one should rebalance their portfolio. If one asset class has run up in value, you might have more money invested there than you originally intended. Similarly, if an asset class has decreased in value, you might have too little exposure, if that investment still fits […]
Real Estate
We Used House Hacking To Achieve Financial Independence – Without Taking On Roommates Or Tenants
I loved seeing this post on Business Insider featuring five different real-life examples of house hacking House hacking is renting out part of your home to cover your mortgage and potentially even make a profit. In the post, you’ll see owners who took on roommates for spare bedrooms or bought a duplex to live in […]
Real Estate
HELOC Searches Hit Record High – But Beware The Downsides Of A Home Equity Line Of Credit
Analysis of Google search data, courtesy of luxury real estate platform RubyHome, shows that searches for ‘HELOC’ – the acronym for “home equity line of credit” — more than tripled in the United States as of July 2023. This is the highest level of search interest in internet history for the topic. The report suggests […]
Real Estate
To Buy Or Not To Buy – Second Thoughts About A Real Estate Transaction
This reader is looking to buy in Tamarindo, Costa Rica, and wants to know how much anxiety is too much when embarking on a real estate purchase. What would you advise? I just happened to come across your blog post from 2018 on why you decided not to purchase in Langosta. I am literally about to put […]
Real Estate
Downtown Studio With A View – Our Latest Real Estate Purchase
We sold three of our real estate properties in the last year, just so we could have a more liquid and balanced portfolio. Yet, we recently closed on a new purchase – a studio apartment in Jacksonville, FL with a view of downtown. We had been looking at units in this particular downtown building for […]