Personal Finance Lesson Plans

The decision on whether to manage your own rental property or to outsource it to a professional residential property management company is a personal decision that only you can make. Two important aspects of owning and managing property are knowing how to properly screen tenants and developing adequate knowledge of property law. Let’s look at both of these very important issues.

Copyright (c) 2008 Michel Lautensack

The decision on whether to manage your own rental property or to outsource it to a professional residential property management company is a personal decision that only you can make. Two important aspects of owning and managing property are knowing how to properly screen tenants and developing adequate knowledge of property law. Let’s look at both of these very important issues.

There are two different types of traders out there.  Those who time the market and those why use buy and hold strategies.

       There are two different types of traders out there.  Those that try to time the market, these trades try to find the absolute best points in which to get in and out of a stock.  The other type of traders is the ones who buy a stock and hold on for the long term.  These traders believe that the markets may go up and down, but in the long term they go up.

Avoiding malpractice with lenders and brokers for business loans is becoming more difficult as well as increasingly important. The time, cost and effort required to accomplish this will far outweigh the potentially devastating costs of ignoring the issue.

Malpractice in any activity typically occurs when there is a serious failure of professional duty. With borrowers seeking small business loans and commercial real estate financing, malpractice can occur with both commercial lenders and brokers for commercial loans.

Quickly find out all about 401K and IRA plans. Retirement plans such as IRA’s and 401K’s can make retirement a dream-come-true if managed correctly.

Coming up with a small business retirement savings plan is a lot easier than the majority of people would like others to believe. There are many small business retirement plans, which offer tax benefits to both the employers and the employees.

A business retirement plan is basically an arrangement or scheme of pension monies or income provided to the retired employees who are no longer earning a regular income from their jobs. Employers, insurance companies, government agencies or other institutions, like for instance, employer associations or trade unions may all set up retirement plans.

Once you walk away from the closing table and the initial jubilation of knowing that you’re a bona fide real estate investor wears off, the reality begins to sink in. A major part of owning real estate is managing it. How prepared are you for the rigors of actively managing your real estate portfolio?

Copyright (c) 2008 Michel Lautensack

Once you walk away from the closing table and the initial jubilation of knowing that you’re a bona fide real estate investor wears off, the reality begins to sink in. A major part of owning real estate is managing it. How prepared are you for the rigors of actively managing your real estate portfolio?

Sternberg brings his “in the trenches” expertise after 30+ years as a real estate investor to the 2nd installment of this series. This article is a must read for any investor dealing with and understanding general title issues in real estate.

Partnerships

As the name suggests, partnerships consist of two or more partners who join together to acquire, operate and hold real estate. It’s an effective way of pooling capital and talent. A key feature of a real estate partnership is that the investors don’t actually have the title or ownership directly in acquired properties. Instead, they own a partnership interest.