What is escrow? Escrow is a financial process where money is held by a third party to make sure everyone follows the terms of an agreement. It’s a way to reduce the risk of fraud and make sure both buyer’s and seller’s contractual obligations are met. When all conditions have been met, the funds are …
Chances are, you’ve heard of an IRA account before and you may even have one set up through your employer. But, contrary to popular belief, IRA is not just an umbrella term used to describe retirement accounts. There are different types of IRAs with different uses, purposes, and benefits. In this post, we’ll go over …
The average retirement age in the United States is between 62 and 65. However, social security benefits don’t kick in until after the age of 66, so many people are putting retirement off until age 67. You’re in your prime, so you’re probably not even contemplating retirement yet. But it’s definitely something that should be …
Every summer, nearly 4 million students graduate high school and over half of them go to college. Many of those students attend colleges and universities far from their parents’ homes, meaning if they’re not living on campus, they need a place to stay. In fact, over 8% of the entire rental population is college students. …
As you’ve likely heard by now, too much of a good thing is a good thing—especially when it comes to investing. Trust us, we know how exciting it is to see your first gains, get your first dividend check, and overall feel like you’re a stock market or investing wizard. But, when you place all …
If you’re interested in investing in real estate but you don’t exactly have real estate developer money, fractional real estate investing may be an excellent option for you. Fractional investing allows you to invest in real estate without the need for a massive down payment or loan and without the headaches that come with being …
