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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 […]

Six Generations: 3

[…]“Stand in the Gap” rally in October of 1997. It was a logistically challenging time to fund, transport, feed, and house a group of thirteen soldiers, but through some amazing answers to their prayers, it all worked out and they experienced a life-changing time together. Timothy concluded his testimony this way: “We made it back to Germany and, returning to our community, began to share with others our adventure in Christ, including those brothers of ours who had remained behind to accomplish other missions. I knew then, however, that our fellowship–not just those who made the journey–but all fifty of […]
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