Debt & Saving Archives - TheRealEstateScore

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The Best Strategies for Paying Down (and Staying Out of) Debt

In an era where debt has become a common aspect of financial life for many, understanding how to efficiently pay it down is crucial. I'm here to offer a strategic approach to paying down debt, providing practical advice for those seeking to free themselves from the burden of debt.

By Leonard Q. December 29, 2023No Comments

Debt & Saving Introspection

Simple Strategies for Saving Money: Your Path to Financial Security

Saving money is a vital component of achieving financial stability and securing a better future. However, the thought of managing finances can often seem daunting, leading many to procrastinate or avoid the process altogether.

By Leonard Q. November 3, 2023No Comments

Debt & Saving Introspection

The Saving Mindset: How To Save For Your Next Rental Property

Between the years 2018 and 2021, I saved close to $85,000. I made many decisions during this time period that helped me save a large amount of money. For starters,…

By Leonard Q. January 11, 2023No Comments

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Debt & Saving

How To Keep Your Costs Down and Improve Your Financial Health

Your financial health is the first thing that you need to get in order before you begin searching for lenders. For many people, this is a given in their daily lives, as they habitually maintain a clean bill of health when it comes to their finances.

By Leonard Q. September 8, 20222 Comments

Debt & Saving Investing

How Much Money You Really Need To Get Started Investing In Real Estate

If you’re based in San Francisco, you’re going to need a lot more money to get started investing in real estate than you would in small town Arkansas. You’ll need more money if you’re looking to invest in multi-family properties than you would if you were investing in condos or townhomes.

By Leonard Q. September 8, 2022No Comments

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Debt & Saving Investing

The Wise Investor: Pay All Cash or Take Out Debt?

Paying all cash guarantees that you wont have a mortgage, therefore you wont pay any interest. Using the cash for several down payments guarantees that you are able to invest in multiple properties. Having your home paid free and clear means more cash flow every month. Having multiple properties diversifies your portfolio.

By Leonard Q. September 8, 2022No Comments