Author Archives for Andrew Penner

Shorter-Term Mortgages: 3 Benefits to Refinancing

September 10, 2014 10:01 am Published by Leave your thoughts

Earlier Payoff, Less Interest and Owning Your Home Sooner Whether it’s paying off our monthly mortgage–or even any monthly bill–many of us are always looking for ways to reduce expenses. As a homeowner, one way to do so is through refinancing your 30-year mortgage. You’ll find taking this action, benefits will follow. But before you... View Article

What is a home equity loan?

August 26, 2014 1:43 pm Published by Leave your thoughts

Many homeowners think of home equity loans and home equity lines of credit as the same thing. But they’re not. In fact, there are some significant differences between the two. Think of a home equity line of credit as a type of credit card that uses your home as collateral. You can borrow up to a certain... View Article

Buying an Investment Property: What Landlords Need to Know

July 31, 2014 9:43 am Published by Leave your thoughts

Thinking about diversifying your investment portfolio? Many investors believe real estate provides a great investment opportunity and an easy way to develop a passive cash flow each month, via the rents they can collect from tenants. And while buying an investment property can be a smart way to add to your assets and grow your wealth, potential landlords... View Article

4 Steps to Turn Your Rental Property into a Smart Passive Income Stream

July 29, 2014 9:31 am Published by Leave your thoughts

As discussed in the first part of these series on Rental Properties as Passive Income, Is Real Estate Really Passive Income?, real estate and rental properties aren’t an immediate gateway to a passive income stream. Often, it takes hard work and a serious investment of time before properties you own can run as turnkey operations that require little... View Article