December 26, 2016

Become a live-in landlord and let your tenants pay your mortgage

Eager to purchase a home to live in but worry about affording the financing? Wouldn’t it be great if a mortgage could somehow pay for itself? There’s a tried-and-true method for accomplishing the latter goal, which equates to having your real estate cake and eating it, too. It involves purchasing a two- to four-unit multi-family rental property, occupying one of the units as your primary residence and serving as the landlord, and collecting enough rent monies from the other attached units to cover most or all of your monthly mortgage payment—and possibly even your other real estate-related costs well.

Learn more about this strategy by reading my latest article for The Mortgage Reports here.

December 9, 2016

Getting interpersonal equates to higher employability and earnings

Barbra Streisand once famously sang, “People who need people are the luckiest people in the world.” They may also be among the most employable. According to a new Pew Research Center study on jobs released in October, employment of positions requiring stronger social skills – particularly interpersonal, communications or management proficiencies – rose 83% between 1980 and 2015 (from 49 million to 90 million, respectively).

If you're over 50 and hunting for a new job, social skills are more important than ever. Learn why in my latest article for AARP The Magazine by clicking here.