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The Five Myths of Mortgaged Rental Property

[…]you can’t afford that, you should probably reconsider investing in property. Have an emergency fund for unexpected large repairs. Don’t neglect property maintenance. If you let repairs accumulate, they will come due when you can least afford them.  Bottom line: Unless you’re able to account for these losses over time, you could cumulatively lose thousands of dollars.  MYTH #3: I should not pay any extra on my mortgage because I will make more in the market Would you rather have a paid off rental property earning you $1000 a month or unpredictable mutual funds? Many people assume that by investing […]

Laborers and Laboring as Unto the Lord

[…]it’s the unofficial end of summer and its plethora of warm weather activities. One last picnic, trip to the beach, or pitched tent in the great outdoor before green leaves take on the rusted glow of autumn. And lest risking a fashion faux pas–no more white purse or slacks past September 5, either! Oregon was the first state legalizing a holiday in honor of workers, doing so in 1887. Seven years later Congress followed suit nationally by declaring the first Monday of each September a legal holiday in observance of Labor Day. And under God’s gracious and merciful providence–and borne […]
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