HECM Reverse Mortgages: What You Need to Know

A home equity conversion mortgage, or HECM, is commonly known as a reverse mortgage. These products allow adults 65 and older to supplement their income with their home equity or, in some circumstances, purchase a primary residence. While many lenders offer this type of product, it is the only type of reverse mortgage that is insured by the federal government. […]

Some Important Facts About First-Position Commercial Mortgage Notes

Creating attractive interest is a challenge in today’s low interest rate environment. The appeal of first-position mortgage notes lies in the fact that investors (lenders) remain in the first position as holders of property liens, so there is a hard asset (real estate) that provides the security of your investment. The 50-year median for homeownership in the United States is […]

Double width mobile homes vs single width mobile homes

Over the past decade, manufactured homes (which are still commonly referred to as mobile homes) have become a great option for new home buyers. Unlike the old shoddy mobile homes in trailer parks that people think of, manufactured homes now come as two-story or even townhomes and include features like high ceilings and fireplaces. However, the basic configuration of prefab […]

The central theme of Robert Kiyosaki’s Rich Dad Poor Dad – Look for Assets, Not Liabilities

Rich Dad Poor Dad has been reviewed by many writers. The book, written in 1997 by Robert Kiyosaki, immediately became a hit. The concepts expressed in it are the basis of Robert Kiyosaki’s Rich Dad book series. Rich dad Poor dad expresses a number of concepts that seem contrary to accounting for established rules of finance. Robert Kiyosaki defines an […]

For sale by the owner and the web

Unless you’ve been living under a rock, you know that the Internet has radically changed society. In real estate, this has led to a massive increase in properties for sale by owners on the web. For sale by the owner and the web In the past, choosing to go the “For Sale by Owner” path could be incredibly difficult and […]

How to reduce your swimming pool operating costs

Pools are an expensive luxury that requires a basic maintenance routine to keep them looking good and safe to swim in. If you are adding more chemicals and running your pump longer, read this article to find out how to lower your pool operating costs. 1. Check Pool Chemistry Frequently The most important component of every pool care routine is […]

Freezer Cookery – Advantages and Disadvantages

Freezer ownership is convenient and time-saving, but freezer management must be treated with care to achieve the best results in the most economical way possible. It is important to take care of a freezer so that it works efficiently and gives you good value for money. Here are the advantages and disadvantages of having a freezer. The advantages of having […]

Evicting a Tenant: A Step-by-Step Guide

While evicting a tenant can be very stressful, knowing the necessary steps can eliminate much of the frustration and fear that new owners often face. With that in mind, always make sure you follow your lease to the letter and enforce it by your tenants; Failure to do so can result in your tenants taking advantage of you and potentially […]

Zoning in St Croix, US Virgin Islands

Many people are confused about the zoning requirements in St Croix. If you are interested in a development in St Croix, I can provide detailed information on construction and zoning. Most residential communities are zoned R-1 or R-2, which governs the building setback requirements and stipulates the minimum lot size and percentage of coverage. There can be no more than […]