The Basics of Buying A Car

Buying a car can be an intimidating experience: you’re preparing to fork over a big chunk of your hard-earned savings; you’re committing to a significant monthly expense; and you might not know enough about cars to feel confident as a buyer. If you’re preparing to buy a car, whether new or used, these basic principles will help you when it’s time to make your purchase.

Determine your must-haves

Make a list of must-haves and nice-to-haves, and then keep this information close by when it’s time to start shopping. Start by reflecting on why you need a car so that you can determine your priorities.

  • If you’ll be on the road a lot, fuel economy will be important so that you’re not wasting lots of money on gas.
  • If you’re driving in the city, you might want to consider a smaller car that will be easy to maneuver and park on congested roads.
  • If you have a family, space for car seats and strollers might be a priority.
  • If you take a lot of road trips, a navigation system could make your life a lot easier.

Create a budget

Owning a car isn’t cheap, but it shouldn’t break the bank either. Before you start looking at cars, its important to determine how much you can afford for a down payment as well as monthly car payments if required.

This is a good time to do some research on the true cost of car ownership; the average Canadian spends around $9000 a year on one vehicle. If you’re like most people, you need to plan for this expense. You’re not just budgeting for your monthly payments, but also for insurance payments, gas, regular maintenance, licensing and registration and emergency repairs. When you take these factors into consideration, you might realize that you need a lower monthly payment than you originally expected.

Do your research

It’s time to find your dream car! Using your budget and your list of must-haves as a roadmap, start looking into what makes and models best meet your needs. You can start by looking for the most popular cars (people are buying them for a reason) or the most cost-effective cars (your bank account will thank you). You can read reviews online, visit the dealership to ask your questions in person, and talk to friends and family about what they love and hate about their current vehicles. Compare how cars on your shortlist stack up to your budget, your must-haves and you’re nice-to-haves. Don’t forget to research car insurance options. You might be surprised to find that rates will vary from one insurer to the next, so don’t settle for the first quote you get.

Go for a ride

Studies have shown that almost 16 percent of people forgo a test drive when buying a car, but you shouldn’t skip this important step. For new vehicles, it will give you a sense of whether or not you feel comfortable driving the car and will help you decide if it meets your expectations. When you’re stuck between two comparable options, the test drive might make the decision for you. Test driving becomes even more important when you’re buying a used car, as you’ll get a feel for whether or not there are little problems or quirks that the owner failed to mention.


For a lot of people, negotiating can be the toughest part of buying a car – but you might lose money if you skip this step. You’ve already done the groundwork for your negotiation through your research and budgeting: you know what questions to ask and what you can and can’t afford. Be prepared to say no to extras the dealer tries to tack on to your sale price and ask to cut administration fees. Also, you might be able to negotiate a better price depending on the timing of your purchase. Many dealers who are looking to make monthly or yearly quotas offer better deals at the end of the month or year, or during the winter when sales are slower. If you’re buying a used car, your research should give you an idea of whether the seller’s price is comparable to others in the market. You also might want to have the car inspected to determine if there are any pending repairs that will cost you additional money so you can knock those extra expenses off the sale price.

Whether you’re buying new or used, you’ll be investing a lot of money upfront and long-term to your purchase. This isn’t a decision that should be rushed, so take your time, do your research and commit to finding a car that you’ll love driving for the next few years.


Tyrod Taylor Net Worth

As kids, many of us grew up hoping to play sports at the professional level.  I vividly remember playing backyard football and keeping up with my stats like I had a million dollar contract to prove my worth.  In reality, very few of us actually make it; however, Tyrod Taylor is different.  Growing up in Virginia, Tyrod excelled as an athlete from a young age.  He was a three sport athlete in high school and played multiple positions on the football team.  His stellar play in high school led to football scholarships and Tyrod eventually signed with Virginia Tech.  Athleticism and determination have helped give Tyrod Taylor net worth a value of $10 million.

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In college, Taylor started 42 of 50 games during his four year career.  He amassed 50 passing touchdowns along with another 23 rushing touchdowns in his tenure.  During his senior season, he was named the ACC Player of the Year.  He led his Hokies to the ACC Championship game that season, where they knocked off the Florida State Seminoles.  In the 2011 NFL draft the following year, he would be selected 180th overall by the Baltimore Ravens.  While his first four seasons at Baltimore were mainly spent in the backup role, he would eventually become a starter when he signed with the Buffalo Bills in 2015.  A strong showing during the 2015 season with Buffalo eventually led to Tyrod signing an enormous contract with the Bills.  This contract was worth $90 million over five years and would significantly add to Tyrod Taylor net worth.

The 2016 NFL season didn’t go as well as Tyrod or the Bills had hoped.  Tyrod’s play was average, but the Bills had another losing record which led to the firing of head coach Rex Ryan.  A clause in Tyrod Taylor’s contract made it so Buffalo didn’t have to pay him the remaining four years of his original five year $90 million contract, which they didn’t.  Instead, the organization decided to restructure the deal, and in March of 2017 it was eventually altered to 2 years for just $30 million.

Despite throwing 48 touchdowns to only 15 interceptions from 2015 through the first 10 games of 2017, Taylor has yet to solidify his starting spot among the coaching staff.  Yesterday, Tyrod did earn his starting role back against the Kansas City Chiefs.

By the end of the 2017 NFL season, Tyrod Taylor’s net earnings through the league will exceed $27 million.  More than half of that amount is being earned during this season through his salary and signing bonus.  If Tyrod can get back on track and lead the Bills to numerous wins down the stretch, he may be able to solidify himself as a staple in the team’s locker room.  A good end to the season means that Tryod can expect the Bills to exercise their option for the 2018 season, where he’ll be due roughly $16 million.  Stellar play towards the end of the season is the best way for Tyrod Taylor net worth to continue to increase in the years to come.

5 Benefits of Using a Private Hard Money Lender

The pros of private money lenders are obvious to people who have gone through the hassle of borrowing from huge banks.  With private money lenders, California real estate investors can get loans more conveniently and affordably.  Private hard money lenders are especially helpful to real estate property owners.  Here are five reasons why private lenders could be your best choice when taking out a hard money loan:


  • You Can Get the Money Quickly


When you borrow a hard money loan from a private lender, you get the money much more quickly.  There is no long, bureaucratic application process.  For example, when you borrow from North Coast Financial, you can get the money in your bank account in one week or less.


  • Deal with Brokers You Know Personally


Private hard money lenders tend to be smaller operations.  There is more of a community feel.  You will get to know your broker.  He will treat you like a colleague and not like a number.


  • Discuss Different Options with Your Broker


When you try to borrow from a huge business, the response to your application can be a resounding “no” with no further explanation.  A private broker will take the time to discuss the types of hard money loans for which you do qualify.


  • It’s Less Expensive


Private lenders can compete with big banks by setting lower fees and lower interest rates.


  • Better Customer Service


Private lenders don’t have as many clients as big banks.  They have more time to devote to you the borrower and your questions and concerns.

Private hard money lenders have many of the same advantages as other local businesses, instead of big, faceless corporations.  Additionally, they can get you your loans more quickly and for a lower price.


How to Find the Right Person for the Job Without Spending Too Much

It is always every business owner’s goal to find the perfect people who will work for their company. However, you find out that wanting so isn’t always as easy as doing so.

The truth is: Your employees are the ones who make or break your business, so while it is tempting to hire the first person who walks in with all his qualifications in tow to get it over with, it pays to be able to improve your company’s hiring process.

Understand the job requirements.

As an employer, it is your responsibility to understand the requirements of the job opening before anyone else. Some of the attributes may involve education, experience, and personality. To help you with a job analysis, don’t hesitate to seek help from supervisors or employees of other companies with similar job posts.

When you fully understand the demands of the job, only then can you create an attention-seeking job description, which will list any educational requirements, specialized skills, and desired experience associated to the job to be filled.

Get proof that they have what it takes.

There’s a reason why it’s called a “hiring process,” and it’s because it involves levels and a series of tests. Get the proof that you need to ensure you are hiring the right person by testing your employees, especially if their job involves crucial technicalities. Depending solely on a resume and an interview may give you a hit-or-miss hiring success rate.

Make your interview interesting.

Aside from sticking to the standard job interview, as in a conference-room type meeting or busting out the cliché questions of what their strengths and weaknesses are, don’t hesitate to be more creative when talking with a potential employee.

Give him some challenging situations that they may not have prepared for. You may even ask your employees to help you on that, as they will be the ones who will be working with that person directly.

Ensure workplace safety.

Drugs and work don’t ever make a good combination. Aside from the fact that it affects productivity, having drug abusers as employees can compromise workplace safety. Hiring people for your company should guarantee assets and not liabilities.

To avoid the unnecessary trouble within your business, it might be best to consider a pre-employment marijuana testing for future applicants. By making sure that they are drug-free through a marijuana drug test or a THC test, there’s one less thing to worry about in your pursuit of finding the right candidate.


When you think about it, hiring truly qualified employees for your company is not a far-fetched dream, yet it involves a process, which could be arduous, that you must be willing to take. After all, it is the outcome of the effort that truly matters in the end.

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When to Hire a Tax Preparer

For the average layperson, doing taxes is not a lot of fun; most of us really don’t know enough about this to feel confident in our tax filing skills. If your tax situation is straight-forward and uncomplicated, filing on your own with tax software can be simple. There are certain situations, though, when a tax pro is pretty darn close to a necessity. Learn when to hire a tax professional for your sanity and your wallet.

You’ve Started a Business

If you’ve recently launched a business, chances are you did a lot of research and know what you’re doing. However, the tax laws for these businesses are a whole different ball game. Don’t wait until you make mistakes. Hire a tax preparer the first year you’re in business or risk going down a bad road before you even get started.

You’ve Inherited Money

Inheriting money can be a wonderful thing, especially if it comes at a time in your life when you’re living paycheck to paycheck. This is all the more reason to hire a tax preparer, as he or she can help you avoid paying large capital gains taxes on this sum.

You Got Married, Divorced, or Had Children

Any change in your family status would make it extremely helpful for you to hire a tax preparer. Depending on when you got married, your tax professional could tell you whether it would be more beneficial for you to file jointly or separately. Conversely, your tax professional can help you tackle unpaid tax liabilities caused by a former business partner. This person could also help you ensure that you’re filing your alimony correctly. Having children simply means filing differently; it’s better to be safe than sorry, especially when it comes to leaving money on the table.

You’ve Made Mistakes on Past Taxes

Let’s face it—doing taxes isn’t for everyone. Many of us simply have no idea how to file, anything about deductions, or even the first thing about tax breaks and credits. Because this ignorance often means money out of our pockets, it’s best to hire a tax pro if you’ve made errors on past tax filings. Not only that, but your tax pro can help you go in and rectify mistakes from past years.

You’ve Purchased Real Estate

We’ve all heard about the tax breaks you’ll get as a home owner. It’s often what motivates many renters to get in the game. But what do you do if you have no idea how it works? Well, you hire a tax preparer. As Barbara Taibi, a partner at accounting firm EisnerAmper, says via US News, “For the sale of a house, if it’s your primary residence and you live in the house and own the house [for at least] two out of the last five years, you may qualify for a capital gains exclusion of a half million dollars if it’s a joint return.” Now that’s significant and something you likely wouldn’t have known without consulting a tax pro.

You’ve Adopted a Child or Children

Adoption is a lengthy and bureaucratic procedure in and of itself, but often the most rewarding thing many parents will say they’ve ever done. On top of expanding your family, though, you need to know about the tax filing factors that go with this. As that same US News article notes, the IRS was offering a tax credit of up to $13,400 per child as of 2015. This is for expenses related to the adoption and is considered in relation to income limits. In order to properly document payments and submit eligible expenses on your tax returns, you need to hire a tax advocate.

If you’ve done taxes on your own as well as hired a tax preparer, you likely know that the latter is the safer way to go. With knowledge of the ever-changing tax laws and how to submit and document everything correctly, the amount you pay this person will likely pay off in a big way when it comes to tax refunds.


The Difference between Executive Suites and Standard Office Space Rental

Businesses in the US are well versed in new and alternative corporate models. While it’s true America is a vast country, most of its cities are forward thinking, ambitious, and eager to push boundaries. This is why you’ll find a huge variety of office leasing options. There’s a place for everybody here. So, commercial real estate comes in all shapes and sizes.

If you’re searching for an office space in Miami, New York, or Texas, it’s helpful to know what is available. There are plenty of options for those who don’t want a long hold lease or lock in clauses. For instance, executive suites and office space rentals make luxury affordable. These premium suites offer flexible terms, manageable payments, and plentiful perks.

Executive suites are a little different to standard offices, as the monthly fee covers more than just the physical space. Keep reading to find out what this means for tenants.

The ‘Everything’ Package

The first big difference, then, is that executive suites are offered on a serviced basis. This means they are leased as complete packages. On the day that tenants move in, the heating, lighting, air conditioning, and other key utilities are established and ready to go. There is a cleaning crew on-site, and all general maintenance is handled by third-party staff.

It means executive offices are cared for by the vendor. Everything beyond the scope of your business is the responsibility of facility support staff. For instance, if a light bulb blows or a sink gets clogged, you can call the team to fix it at no extra cost. Obviously, this is very different to a standard lease, as regular offices are managed entirely by tenants.

The Single Monthly Payment

All of the support and assistance described above is covered by the quoted fee. You don’t pay any more than the monthly premium originally stated. Serviced vendors have their own policies, so terms do differ among providers. Some include more than the key utilities in their rental fees. Others offer a basic package and allow tenants to customise their rental plans.

It is a major asset because office leases are an expensive affair, no matter where you call home. The most prestigious, sought-after locations are guaranteed to get businesses noticed, but they are tough to secure. With executive suites, all overheads are rolled into a single monthly payment in order to make the expense as manageable as possible.

The Best Office in Town

There are plenty of incredible, impeccably designed offices all over the United States. If you’ve got the cash to flash, you can lease down the street from the Empire State Building, Fort Lauderdale Beach, or even the President. However, without the serviced element of an executive suite, the luxury only extends so far.

The rest is yours to create. Whereas, with serviced offices, tenants move into fully furnished workspaces that have been kitted out with world-class materials. The décor, furniture, soft furnishings, artwork, flooring, and more are all designed with productivity in mind. It can take years to reach this level of quality alone, but executive suites offer businesses a shortcut.

Searching for Executive Offices in Your City

If you’re interested in leasing an executive office, the first step is to research vendors in your city. It’s true that some serviced providers are branching out and moving to the suburbs. This is a gradual process though, and you’ll still find most of these offices in central locations. Find a premium provider, arrange to have a guided tour, and check out the facility for yourself.


Your Guide to Becoming a Landlord

Flexibility and endless profits are the promise of real estate investing, and many modern entrepreneurs have been quick to dip their toes into the pool of rental properties. Unfortunately, renting out a property isn’t always all it’s cracked up to be, and without the right strategies and finances in place, becoming a landlord can be a fool’s errand. If you’re considering a foray into this career path, follow these key steps to ensure your venture is a success.

Research, Research, and Research Some More

Watching HGTV and reading one landlord advice column does not make a landlord. In order to make this career choice truly successful, you’ll need to become well-versed on all things real estate. Take in as much literature on the subject as possible, speak with seasoned real estate professionals who have done it all (and done it well), and attend classes, speaking engagements, and seminars in your city to better determine what success looks like in your local economy.

Incorporating these practices into your business model will do many things:

  • Help you determine which neighborhoods offer the opportunity and profit potential you desire
  • Teach you how to attract high-quality tenants
  • Help you anticipate the budgetary requirements of your venture
  • Teach you how to find profitable properties

Purchasing Your Property

As you assess your property options, there are one thousand and one variables to keep in mind. You’ll want a property that’s close in proximity to your own home; when issues arise, you’re expected to deal with them quickly and efficiently, and staying local will help. You’ll need to consider the neighborhood; the quality of the area in which you buy will influence the tenants you attract and how frequent your vacancies occur. Other facets to consider include:

  • Property taxes
  • Local school districts
  • Crime rates
  • Local job market
  • Proximity to local amenities
  • Rent comparisons

Consider the Services You’ll Need

As a landlord, you’ll need to become a jack of all trades. However, there are likely services you’ll need to outsource in order to make the most of your time and money.

  • Repair and Maintenance Services

If you’re not a handyman, and you don’t know your Allen wrench from your socket wrench, you’ll likely need the assistance of a repair person. Whether your property is new construction or decades old, it’s important to understand that maintenance and repair are simply the name of the game. From faulty dishwashers to electrical repairs, having a trusted person on retainer will come in handy months and years down the line. makes it easy to hire a repairman.

  • Screening Services

Placing the right tenants in your property is a matter of appropriate screening processes. Running a credit check alone won’t tell you much about your prospective renter, other than their spending and payment habits. Look for full-service screening services that offer more than a credit report, like TransUnion SmartMove criminal reports that indicate history of arrests and criminal records.

  • Legal Services

You’ll need to learn about the legal ramifications and regulations related to your new real estate venture—and stay abreast of any changes in policy. For many landlords, this is only possible through legal counsel. While you don’t necessarily need to keep a lawyer on retainer, it’s wise to seek advice before setting out on this particular venture. Learn about the local rules governing your rental property, and be sure to do everything by the book as you start out—this will set a foundation for success.  In the unlikely event you find yourself facing a suit related to your property, it’s well-advised to have a trusted lawyer capable of representing you. To meet with a real estate lawyer, check out the listings at

Pontificate On Your Goals—and Decide How You’ll Reach Them

There are many benefits to glean from a career as a landlord, but you can’t hope to achieve much without a solid strategy in place. Make sure you detail your financial and personal goals to help optimize your career and your work-life balance in one fell swoop. Keep an eye out for actionable insights and build step-by-step plans for each new real estate goal developed.


Is a $250K Net Worth at 28 Possible?

I often write a number of net worth pieces on athletes, coaches and other famous individuals, but what about the rest of us who aren’t worth millions?  Your age and net worth should have a positive correlation, the older you get the better the opportunity to build your net worth.  That is why I pose the question, is a $250,000 net worth before you are 30 even possible?  The answer is yes!

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Net Worth Formula

We are familiar with young stars such as Justin Bieber, Rihanna, and Andrew Wiggins having a net worth in the high millions, but what about the rest of us?  Let’s first talk about what net worth actually means.  As is illustrated in the image above, net worth is calculated with a simple equation.  You take all of your assets (house, retirement accounts, cars, etc.) and from that you subtract all of your liabilities (mortgage, debts).  The resulting equation will equal one’s net worth.

As previously stated, net worth tends to increase the older you get.  That is why I am looking forward to my future net worth.  At 28 years of age, my net worth already exceeds a quarter of a million dollars.

How have I been able to build a $250k net worth?

There were a number of smart financial decisions I made in order to build my wealth in such a short period of time.  When I began my first job at the age of 23 (just five years ago), I had a negative net worth.  There were student loans I had to pay back, and after being in college for four years I didn’t have a chance to save much money.  I focused on paying off my debts, in this case my student loans.  Getting out of debt is crucial to building one’s net worth.

The next thing I focused on to build my net worth was by budgeting and investing.  The focus of this blog today is still the same as it was when I began it three years ago, budget and invest.  You can still download a free monthly budget template on this site.  Budgeting allowed me to focus on paying off my debts while also helping me determine how much money I could save in a given month.  This process helped me towards my $250k net worth that I am seeing today.

The final step was focusing on my earning potential.  I switched jobs a couple times, each time to a position that paid me more than the previous.  I also, turned my house purchase into a cash flow positive rental property.  By increasing my earning power and paying off my debts I have now been able to save more than ever before.

Each person’s financial situation is different.  There are plenty of individual’s in their twenties who are worth a lot more than me and there are also plenty that are worth a lot less.  I was once told long ago that you cannot focus on someone else’s earnings and net worth, you have to focus on your own.  After all, only you can control your financial decisions.

Budget Smart, Invest Wise


Get the Best Mattress for Your Money

Some of the investments that we make are fairly straightforward. We will expect that we should buy our own place to live, and potentially a car as well. Making smart investments can pave the way for our futures. However, there are a lot of small investments that we can make in our everyday lives as well. For instance, have you ever considered your mattress to be an investment? Because it is! It is an investment in your physical and mental health. Having the right mattress is a good first step towards making improvements in your life. It can be tricky to find the best mattress for your money, so hopefully this article will enlighten you!

Analyze Your Needs

The type of mattress that would best suit your needs depends entirely on you. If you have a stiff and sore back, you will require a different mattress than if you wanted a plushier one. If you have chronic back pain, it is recommended that you speak to a doctor first about what you require. A firm, good quality mattress will probably be your best bet to alleviate your back pain. Memory foam is nice because it shapes itself around your body. This will give you the optimal back support that you require. If you do not have a chronic illness, it is likely that you will not need to spend top dollar on the most expensive mattress that you find. However, it is still a good idea to invest a fair amount of money in a nice mattress for yourself. After all, you will be spending much of your life sleeping, so why shouldn’t you have a great place to do it? Some people have even different needs, and they are looking for something that their guests can use. Futon mattresses are nice because they can easily be tucked out of the way in a guest bedroom.

Do Not Spend Full Price

Mattresses can be found from a multitude of suppliers, all who want you to buy their product over their competitor’s. This means that these suppliers will be offering coupons and/or deals for their mattresses fairly frequently. Keep an eye out for these deals, because they will save you a significant amount of money. If you spend less money on a good mattress that will last many years, you are making a wise investment. Laura Ashley 30% Off discounts here which would help you ensure and find ultimate comfortable mattress at economical prices. This is particularly good for those on a budget as it’s a really easy way to make a room feel really different without having to spend a lot of money.

Another good time to invest in a mattress would be days like Black Friday or Boxing Day. These are the times when merchandise in stores is on sale the most. However, there is likely to be a great deal of people who have the same idea as you. This is why it is important to do your research beforehand, so that you know exactly what it is that you came into the store for.

Pay Attention to the Fine Print

Warranties on a mattress can be helpful if you know exactly how they can be applied. Sometimes however, people are tricked by the wording on warranties. Certain models of mattresses cannot be returned to the store if a mattress protector was not used on them. As well, if you did not use a box spring under the mattress, this is another means of dismissing the warranty. A manufacturer’s defect, such as a broken spring or bad foam, can occur in any mattress. A warranty typically covers a manufacturer’s defect for a certain period of time. Overall, it is a good idea to get a warranty for your mattress, because it is protecting the investment that you worked towards.

Take Advantage of Trials

Most mattress manufacturers, good ones anyway, will offer a sleep trial. This usually comes in the form of 30 days or 100 nights, for example, and allows the buyer to take the bed home and test it out. Remember, a bed that’s perfect for one person may not be the best for you. These sleep trials let you figure out if your new purchase is the best one and if it’s not, it allows you to return the bed for a full refund. So be sure to keep an eye out when shopping around.


Although you may not have thought about it, furnishing your home can involve making some pretty major decisions about investments. Good quality products come at a price, and some people are not inclined to pay it. Investing in a good mattress will provide you with a higher quality of sleep and an overall better feeling as you go through your day, without breaking your budget. When deciding to buy a new mattress it is important to analyze your exact needs, watch out for deals, and get a warranty. If you follow these tips you will be making a wise investment in your mattress, and therefore in your life.

7 Reasons to Invest in Real Estate

You might have heard the saying, “They’re not making any more land,” and it’s true. Investing in real estate is smart, because although the value of the property might fluctuate in unstable markets, the value of land will never depreciate. But there are other reasons to invest in real estate that you probably haven’t thought of yet. Here are just a few of those reasons:

  1. Future Income Stream

    When you make a real estate investment, you’re actually purchasing a stream of future income. Accruing rental income over the long term creates a significant proportion of total return. If your initial short-term goal was to fix and flip a property to sell it at a profit, and you have a hard time finding a buyer, you can always rent it out instead. Doing so will give you a fixed monthly income, and if you hire a landlord or property manager, you can sit back and forget about it.

  2. High Tangible Asset Value

    Unlike stocks and bonds, an investment in real estate is backed by brick and mortar. Its tangibility and physical presence reduce the principal-agent conflict, or the extent to which you rely on the competency of investment managers and debtors to handle your funds. Many real estate regulations mandate a minimum percentage of profits to be paid out as dividends, so you can worry less about seeing your money come back to you.

  3. Inflation Hedging

    An inflation hedge is an investment that provides protection against the decreased value of a currency. Typically, it involves investing in an asset that is expected to maintain or increase its value over a specified period of time. Real estate offers inflation hedging due to its relationship between Gross Domestic Product (GDP) growth and demand. As economies expand, the demand for real estate drives rents higher which, in turn, translates to higher capital values. For that reason, real estate investments tend to maintain their purchasing power, passing on some of the inflationary pressure on to tenants in the form of capital appreciation.

  4. Competitive Risk-Adjusted Returns

    Risk-adjusted return refines an investment’s return by measuring how much risk is involved in producing that return. Real estate investments have low volatility, meaning they’re less likely to shift wildly and unpredictably. The relatively consistent market, stemming from infrequent real estate transactions and third-party prop erty appraisals, results in stable pricing and leads to smooth returns.

  5. Easy Financing Options

    When you purchase a stock or bond, in most cases, you’ll need the money upfront. Such is not the case with real estate investments. There are a variety of ways to finance your property purchase, including, but not limited to: cash, conventional mortgage loans, and hard money lenders. The best choice for you might depend on the location of your property. For example, in competitive markets such as Southern California, buyers should research Anaheim hard money lenders for a quick and easy close. Alternatively, in states with high taxes and interest rates, buyers would benefit from cash transactions or conventional loans.

  6. Portfolio Diversification

    Whether you’re a seasoned investor or just getting your toes wet, you’ve probably heard the term ‘diversification’. Financial advisors recommend diversifying your investment portfolio; this helps you avoid the risk of placing all your eggs in one basket. Real estate has a low correlation with other major asset classes, and by adding that investment, you can lower portfolio volatility and find a higher return per unit of risk.

  7. Psychological Advantage

    If you’re comparing real estate to other forms of investment, consider the psychological advantage. Real time markets are vulnerable to sudden and unexpected shocks, seen in the ‘Flash Crash’ of May 2010, when $1 trillion in stock market value was erased in just 15 minutes. Watching stocks, bonds, or equities rise and fall can be incredibly stressful, and knowing when to pull your money out takes experience, knowledge, or advice from someone you may or may not be able to trust. Real estate investments offer a greater peace of mind in an environment where office volatility is an issue and the dynamics of algorithmic trading are murky.

Ultimately, the bottom line is that real estate makes a distinct, easy-to-understand asset class. Evaluate these various benefits to see how real estate is undeserving of its tarnished reputation.