Buy income generating assets first

Friday, November 27th, 2009 at 12:22 pm  
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While I have said in the past that it would be great to buy a house and treat it as an investment, I want to take it a step further. What if instead of buying a house outright, one would first buy an income generating asset that would generate positive cashflow and help take care of the monthly amortizations of the house that one would then buy afterwards? Read the rest of this entry

Our journey to our new house – Finding a new home like true real estate investors

Friday, November 20th, 2009 at 9:07 am  
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My wife who has become so obsessed with finding a new house we can call our home shares updates on what we are thinking of doing with our old house that was devastated by Ondoy, what things to consider, our target locations, finding not just a house but also a sound real estate investment by searching foreclosed property listings, and applicable tax exemptions and pending articles about this and other taxes that apply to real estate, which I hope she finishes soon… Read the rest of this entry