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Real Estate Advice Los Angeles
Real Estate is a major part of many people’s Financial Plans in LA. Fiduciary Financial Planner LA David Rae outlines how to make the most of your real estate investments. Topics range from How much house how can you afford? To is a bigger down payment better, or would you end up ahead by investing the difference?
This blog is written for the residents of Los Angeles, Beverly Hills, West Hollywood and surrounding areas where Real Estate is super expensive. Finding a great home, and coming up with a down payment and qualifying for a mortgage are bigger challenges in the expensive parts of the country.
Living in LA it is too easy to buy a money pit or end up feeling house poor. Nobody wants to spend 30 years struggling to make their mortgage payments. With some smarter financial decisions, a home purchase can be a big part of achieving financial freedom.
Live for Today, Plan for Tomorrow.
Home Down Payment Is Bigger Better?
Is a bigger mortgage a better option for the long-run? Together, my wife and I earn close to $300K per year. How much should we put down on our house? Would buying a bigger mortgage home pay off in the …
Can you imagine saving 50% of your income? It’s Possible Right?
To be clear I saved 50% of my GROSS income (not take home) and I survived. Heck, I think I even enjoyed it. If I can do it, so can you. Saving Money in Los Angeles is difficult but not …