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four plex is finished

The FourPlex Is Rented!

For the first time since buying last December, the fourplex is rented! It was lots of work and stress, but what a nice feeling to have that final lease signed. The property has two buildings, each with two apartments. One of the buildings needed a some renovation with new flooring, electrical, paint, and light fixtures upstairs and a complete remodel with new construction downstairs. After two and a half months of work, we now have four, two bedroom apartments. Rental Income We had hoped to get $3050 in rent between all four units, and we’re pretty close at $2975 per ...

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applying for an online loan

South Africa and the Evolving Online Loan Industry

South Africa may not be as digitally advanced as some other more digitally developed countries but as they become more and more tech savvy an increase in possibilities are opening up to them. This is largely thanks to South Africa’s increased adoption of smartphones and tablets. The country’s financial comparison search engines may not be as sophisticated as that of the USA and UK but the payday loans market continues to grow and migrate online as more and more fintech companies enter into the ZA market place thanks to this increased digital user adoption. Applying For Loans Online The payday ...

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paying off debt quickly

Is It Better To Invest or Be Debt Free?

A big reason many people put off investing is debt. It doesn’t really make sense to ramp up investments while paying 21 percent interest to credit card companies, but what about low interest debt? Obviously the answer depends on many variables including income, how much debt you owe, and if you are investing for short or long term goals. We currently have lots of mortgage debt, mostly from investment properties, that we’d like to see paid off quickly. However, we don’t want to miss out on investment gains and compound interest either. Is is better to invest or be debt ...

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struggles of minimum wage jobs

How Do You Tell Your Kid a Minimum Wage Job Is a Bad Idea?

We all know that people who work minimum wage almost always get the shaft. Either from low income, no sick days, or companies sending jobs overseas because someone in Laos will work for 10 cents an hour, employees who work in low wage jobs face more struggles than those with higher earning potential. As my daughter grows and gets more curious about the word, I am finding myself having to answer a harder and broader range of questions.  Recently, I’ve had to explain what the tampon machine in the public restroom was for, and I’ve had to offer comments on ...

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ways to save money on car insurance

5 Steps To Save On Car Insurance

Despite the perception that car insurance is just another financial burden, like taxes or utilities, you’ll soon realize why it’s such an important investment. Just like when you hedge in the investment world to protect against the risk of a loss on the financial market, car insurance is the same—it’s transferring the risk of a loss to a third party, so you can drive without worrying about the financial consequences of a crash. However, just like the financial market, you have to do your due diligence in finding the right coverage for the best rate. Different insurance companies have different ...

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Saving Money