Cashflow Chick Blog

308, 2016

Down Payment Protection in California

By | August 3rd, 2016|Categories: blog, investing, real estate|0 Comments

When you bought your first home did you ever worry about losing your down payment? Well, the new home buyers want down payment protection in California, according to a new study by Harris Poll. They are reluctant to buy a home for fear that their down payment could be lost if they sell their house in a few years. Given that the average employee tenure in the U.S. is 4.6 years overall, and 3 years for millennials, it’s understandable that the modern homebuyer may be nervous to commit to living in one location for an extended period of time. […]

2007, 2016

When Do You Fire General Contractor

By | July 20th, 2016|Categories: blog, investing, real estate|0 Comments

When do you fire general contractor, who’s (supposedly) remodeling the kitchen? PureWow writes, “A bad contractor is kind of like a bad boyfriend–he doesn’t return your calls, he acts shady when you ask him questions and he can’t commit to a date.” When we see certain telltale signs that our contractor is unprofessional. […]

707, 2016

Time to Hire a Property Manager

By | July 7th, 2016|Categories: blog, investing, real estate|0 Comments

Is it time to hire a property manager? I read last month “Across the United States evictions have become increasingly commonplace and have disrupted numerous lives and, combined with decreases in rent-controlled units and decreases in affordable housing, evictions are poised to be the next significant challenge for landlords.” Evictions are one of the time consuming jobs of real estate investors who attempt to manage rentals on their own. […]

2206, 2016

Brexit

By | June 22nd, 2016|Categories: blog, investing, real estate|0 Comments

Brexit! Tomorrow, June 23rd, Britain votes to stay in or leave the European Union. Clare Trapasso at Realtor.com writes, “Home buyers on American soil have enough to worry about without losing sleep over whether Britons, our neighbors across the pond, will vote to leave the European Union on Thursday. But a Brexit could spell trouble for U.S. buyers as more wealthy foreigners, concerned about the uncertainty in the United Kingdom, drive up prices on American properties by racing to scoop them up, according to the International Business Times. The effect could even trickle down to Americans looking at starter homes, according to one expert. […]

106, 2016

What Do You Do When You Inherit a House

By | June 1st, 2016|Categories: blog, investing, real estate|0 Comments

Boomers stand to inherit upwards of $27 trillion over the next four decades, according to The Center of Wealth and Philanthropy at Boston College, and a portion of that includes the house their parents lived in. What do you do when you inherit a house? When that house becomes yours, figuring out what to do with it can present financial and emotional issues. If your siblings are involved, things can get even trickier. […]

2505, 2016

Search for a Residential Care Facility

By | May 25th, 2016|Categories: blog, investing, real estate|0 Comments

You know you are getting old when you are looking after one of both of your parents, and it’s time to search for a residential care facility because they can’t manage the chores of living by themselves. Another sad development as we boomers age is sometimes our spouse or significant other has deteriorating health and needs a fulltime care facility. Having friends who have gone through this, searching usually comes down to which facility looks the best, for the cost, and convenience for visits. […]