Insights & advice to help you get more out of real estate.

Income Properties

Debt – Leverage or credit

These three terms are often used interchangeably. However, they actually have subtly different but important distinctions in the context of real estate.  When we use the term leverage we’re talking about borrowed money that’s used to purchase a home or property but more specifically, it’s providing a mechanical advantage to increase equity. In other words,…

Buying A Home

Earnest Money – How Does it Work?

When we’re talking about earnest money in a contract to purchase a home, we’re talking about a specific amount of money that is contributed by the buyer as part of their offer. This “good faith” money is set aside and applied to the purchase price at closing. Every transaction is different but a good rule…