Monday, September 13, 2021 / by Vyral Marketing
An explanation of the difference between good debt and bad debt.
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Most people think of debt as something you want to avoid, but is this always the case? Today we want to talk about the difference between good debt and bad debt.
The main question you should ask yourself is, “Does this debt pay for itself?” If the answer is yes, then it’s good debt. Most consumer loans, such as credit cards, car payments, and payday loans, are what we would consider bad debt because they do not pay for themselves. A trickier example is student loan debt. If the education nets you a high-paying job, then it could be considered good debt. However, this is not always the case.
"People think you need a ton of money to invest in real estate, but that's not necessarily true."
Most financial experts would consider home loans to be good debt because you replace what you would pay for rent wi. ...
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buying a home, real estate investing
Friday, August 27, 2021 / by Vyral Marketing
Learn more about the upsides and downsides of property managers.
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If you own an investment property, you’ve probably wondered about whether you should hire a property management company. A property manager takes a lot of landlord-related processes off your plate, as they collect rent, handle maintenance requests, help with evictions, and much more. Here’s a little more information about how they help with each of these tasks:
Across the board, your property manager serves as the main contact for your renters. They handle rent payments, often by offering an online payment portal. This helps you avoid having to chase down checks each month.
Another great benefit involves maintenance problems. Nobody wants to get a call in the middle of the night about a broken toilet, but with a property manager, you won’t have to worry about it. The property manager handles maintenance requ. ...
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real estate investing
Wednesday, June 16, 2021 / by Vyral Marketing
I discuss whether or not now is the right time to invest in real estate.
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We're still in a hot seller's market and it's an unprecedented time for real estate. I've been hearing a lot from investors who are curious about whether or not it's the right time to get into the market. I'm excited to share my thoughts and expertise with you to give you a better idea of what makes sense for your personal situation. You can succeed with both short-term and long-term investments in this market.
Many people are considering buying properties in the market because of appreciation rates, and while there can be a great opportunity to buy and see a rapid appreciation, I typically don't recommend getting in and having a speculative, short-term outlook. If you're looking to purchase a property and see it rise by 10% over the next few months, that may happen. However, I advise my clients to look at real estate . ...
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real estate investing