Much of King Solomon’s reputation as a strong and fair ruler comes from his words in the Book of Proverbs, where he emphasizes again and again the importance of wisdom, knowledge and prudence in all...
mortgage
Rents STILL Rising – Great for Investors
Rental rates in the United States continued to rise during the second quarter of 2012. Maybe that’s not so great news for those writing an ever-larger amount on the money rental check, but it’s...
High Mortgage Balance Equals Better Insurance Protection
Previous generations of well-meaning parents and grandparents drilled into our heads that it’s better to pay with cash and, by all means, attack that mortgage balance with ferocity until you are equity rich and balance poor. Unfortunately, we live in a different economic reality these days, one where Jason Hartman’s idea of periodically refinancing your loan to keep your mortgage principal balance high makes sense for yet another reason.
Refi ‘Til Ya Die
Empowered Investor Network has a series of core concepts that we communicate to our investors. One of these is to “Refi Till Ya Die” with your rental property portfolio. While this description may sound a bit snarky, it is a very powerful strategy for multiplying your wealth over the long-term.