Melissa's Blog Content

Whats Happening in the Housing Market Today?

With so much recent change in the housing market, you probably have questions about what it all means for your homebuying plans this spring. 

   What’s Going on with Mortgage Rates?

Last year, mortgage rates more than doubled within the calendar year. That’s never happened before, and the rapid rise caused many buyers to put their plans on hold. Today, rates are still quite volatile. With experts projecting rates will stabilize this year, that could...

WHY Does Melissa Want Me To Have A TODD For My Real Esate Asset?   What is a TODD used for in real estate?      

To transfer ownership of real estate to a named beneficiary following the death of the property owner, a "TODD" (Transfer on Death Deed) is a legal instrument that is used in real estate.

A TODD allows the property owner to specify who will inherit their property after their death without the need for probate court proceedings. The beneficiary named in the TODD will automatic...

What Is The Differece Between A Living Trust VS a TODD?

     

Estate planning options like a living trust and a TODD (Transfer on Death Deed) can make it easier for your assets to be distributed when you pass away. However, they are different in how they operate.

A living trust is a legal document that allows you to transfer ownership of your assets to a trust while you are still alive. The trust then manages those assets for your benefit during your lifetime and allows for their efficien...

6 Different Ways You Can Stop PROBATE!   The legal procedure known as probate upholds a decedent's will and distributes their property in accordance with the terms of the will. There are a few actions you can take to avoid probate:   Create a living trust: Establishing a living trust is one approach to avoid probate. This entails giving the trust, which will be administered by a trustee you choose, ownership of your assets. The assets will be divided in accordance with the conditions of...

  Where Can I Find Money To Help Me Start  Investing In Real Estate?  

There are several options available to find money to start investing in real estate:

Personal savings: If you have extra savings, you can use that money to start investing in real estate. Home equity loan: You can take a loan against the equity you have built in your home. This can be a good option if you have significant equity in your home and can secure a low-interest rate. Partner with other investors:  Yo...

  Can I Use My 401k To Invest In Real Estate?      

   Yes, it is possible to use your 401(k)   retirement savings to invest in real estate, but it depends on your plan's rules and the options available within your plan.

There are two ways to invest in real estate using your 401(k):

Self-directed IRA or 401(k) – With this choice, you can use your retirement assets to make direct real estate investments. Setting up a self-directed IRA or 401(k) and using the money for real estate pu...

How to Build Wealth with Real Estate

Real estate can be a great way to build wealth over time. Here are some ways to build wealth with real estate:

Buy and hold: Purchasing a home and keeping it for the long term is one of the most common strategies to increase your wealth through real estate. This is investing in real estate and keeping a property over the long haul, ideally until its value dramatically increases. This can give you a consistent flow of rental revenue and enable you to gradual...