How many points does a credit inquiry make you lose? You all know this person, and if you don’t it’s probably because it’s you. The person who opens up their wallet or purse to see every store credit card that is known to man/woman. This is all due to that delightful store clerk asking them […]
Consumer View
How To Choose Which Debts To Pay Off First
Even most experts make the wrong choices when choosing which debts to pay off first. For an example if you received $30,000 and you are faced with the decision on what debt to pay first will you make the right choice? Andy Prescott from the artofbeingcheap.com approached this topic. Check out his post at: The […]
Rethinking Your Resolutions
New year, new you, new home. The calendar change always invites all sorts of resolutions, some of them attainable, many of them impractical and stress-inducing. But changes needn’t be big or difficult to be life-altering. Here are some financial–related New Year’s resolutions you can make for 2016 that will pay big dividends with minimal effort.
Investing In Real Estate As A Couple: Part 1
Real estate investing is not a “get rich quick” scheme. Just as any home needs a solid foundation so does your real estate education. This is key to your long term investing success. First ask yourself a few questions: Do we have a clear understanding of what type of real estate properties are best suited […]
Peaking Into the Wallet Of Some Countries Spending Habits
Doug and Tammie discuss how some countries are spending their money and where the US compares as a whole. Though the chart, created by the Data Team with The Economist, may be lacking in how countries are taxed or not taxed it is an interesting glimpse into the wallet of a few of the countries […]
Should I Sell My Home During The Holidays?
Should I sell my home during the holidays? This is a question on the minds of many home owners. There is no clear cut and dry answer as everyone’s personal circumstances are different. Selling a home during the holidays however, was once something that very few people did. The argument was that there were less […]
Financial Baggage Part 2: Millionaire Myths
Here are seven millionaire myths*, and the real facts about the ones who seem to have it all. Millionaires Don’t Pay Their Taxes Fact: It is estimated that millionaires, those in the top 1% of earners, pay about 40% of all taxes. Current tax regulation shifts may change these numbers to make this even larger […]
Money Mentality: What is your financial baggage?
Remember the show Money Pit? Did the Fielding’s aka Tom Hanks and Shelly Long carry forward their money baggage from their past? Have you ever wanted something so bad you are willing to believe the con? Doug and Tammie are joined by their son Derek to discuss what financial baggage people carry around. The discussion challenges […]
1031 Tax Deferred Exchange with Greg Schowe
Greg Schowe with United Country Real Estate- Commercial joins Doug and Tammie in the studio to help shed some light on the 1031 Tax Deferred Exchange opportunity for investors. The payment of income or capital gain tax on the sale of property can be voluntary thanks to Section 1031 of the Internal Revenue Code which […]
Home Buyer Checklist Once You Are Under Contract
Congratulations you are under contract! You have successfully negotiated a price and signed a contract on your new home. Now what? The contract to closing period can be one of the most stressful parts of the home buying process, so Doug and Tammie have put together a checklist of steps to help you. Check […]