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Top related persons:
Karina Mejia - 3 Mejia - 2 Jervais - 2 Jim Resonable - 2 Avery Heilbron - 2 I'm - 1 Matt - 1 it's - 1
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Search resuls for: "Karina Mejia"


9 mentions found


☆ Real estate investors weigh in on how passive rental income really is: 'It's like having an expensive puppy'
  + stars: | 2024-07-25 | by ( Kathleen Elkins | ) www.businessinsider.com   time to read: +9 min
If you google "passive income ideas," one of the first strategies that pops up is to buy a rental property. Even those with property managers have described having to "manage the property manager." Buying rental properties is "expensive like a puppy," he added. They've learned that, "the more hands-on you are, the more money you're going to make," said Jervais. One, their long-term rental properties are newer, so they naturally have fewer maintenance requests and upkeep.
Persons: I'm, Matt, it's, Matt H Natia, Jervais Seegars, They've, Karina Mejia, aren't, Mejia, Jervais, Jim Resonable, she'd Organizations: Service, Business, EVO Real Estate Locations: New Hampshire, Boston, Augusta , Georgia, North Carolina , California, Georgia
☆ 'Super savers' are spending little to no money on housing to free up extra cash. Here are 3 strategies they use to lower their rent or mortgage payments.
  + stars: | 2024-02-29 | by ( Kathleen Elkins | ) www.businessinsider.com   time to read: +5 min
Heilbron, along with other "super savers" — individuals who save more than half of their incomes — have found creative ways to lower (or eliminate) the biggest expense Americans face: housing. US Bureau of Labor StatisticsHere's how the experts save on rent or mortgage payments, listed in order of simplicity. Courtesy of Karina MejiaIf you can live with family, that's another way to save on housing. But, especially if you're based out of a major city, the further you go away from the city center, the more affordable space you're going to find. While it is perhaps the most effective way to lower housing costs, it is also the most complex in that it requires owning a home.
Persons: you'll, Avery Heilbron, Steven Keys, Lauren, Karina Mejia, Ali, Josh Lupo, Todd Baldwin Organizations: Business, Consumer, Bureau of Labor Statistics, of Labor Statistics Here's Locations: Boston, Augusta, San Francisco, Orlando, New York, Seattle
☆ 5 successful real-estate investors who started with as little as $5,000 in savings explain how they leveraged FHA loans to buy their first properties
  + stars: | 2023-10-21 | by ( Kathleen Elkins | ) www.businessinsider.com   time to read: +8 min
Before writing off real estate as too expensive to invest in, you'll want to consider all of your options. Here's how it works and how you can use one to buy real estate and start building long-term wealth. How everyday people have leveraged FHA loans to buy property and build wealthBoston-based investor Karina Mejia used an FHA loan to buy her first property at age 22 . It's a joke but it is solid advice: Before you actually get married, you should each use your own FHA loan." You can get your foot in the door without too much upfront cash by using an FHA loan."
Persons: Ludomir Wanot, witxh, Wanot, Karina Mejia, Sasha, It's, Mejia, Avery Heilbron, Heilbron, Jervais, Jim Resonable, That's Organizations: Federal Housing Association, Evergreen Housing, Ludomir, Seattle, Department of Veterans Affairs Locations: Seattle, Boston, Georgia, North Carolina, North Carolina , California
☆ 5 real-estate investing veterans share their wealth-building strategies heading into 2023, including how they're finding great deals and putting their cash to work
  + stars: | 2022-12-14 | by ( Kathleen Elkins | ) www.businessinsider.com   time to read: +10 min
Others are focused on optimizing their current rental properties. Dana Bull is optimizing the rental properties she already ownsReal estate investor and consultant Dana Bull. Matt 'The Lumberjack Landlord' is bolstering his cash cushionNew Hampshire-based real estate investor Matt "The Lumberjack Landlord" and his family. Karina Mejia is poised to expand her portfolio and wants properties that will immediately cash flowReal estate investor Karina Mejia owns properties in Boston and Georgia. Mike Zuber is writing aggressive offers two times a weekReal estate investor Mike Zuber and his wife Olivia.
☆ 4 real estate investors agree that mortgage interest rates are 'not that high' and explain why 2023 could actually be a great time to buy property
  + stars: | 2022-12-08 | by ( Kathleen Elkins | ) www.businessinsider.com   time to read: +10 min
A handful of successful real estate investors agree that mortgage interest rates aren't too high. A handful of successful real estate investors agree: Stop waiting for interest rates to go down before investing in a rental property or buying a primary residence. In the grand scheme of things, today's rates are "not that high," emphasized Massachusetts-based real estate investor and consultant Dana Bull. Here's what Bull and three other successful real estate investors advise heading into 2023. When you focus on making the numbers work for you and getting a great cash-on-cash return, things like rising interest rates don't matter as much, he added: "I don't care if interest rates are 7%, 9% or 11%.
☆ 4 real estate investors explain how their investing strategies have shifted, why they're still buying property right now, and their advice for beginners
  + stars: | 2022-11-19 | by ( Kathleen Elkins | ) www.businessinsider.com   time to read: +8 min
Veteran real estate investors agree that now is an excellent time to expand your property portfolio. Veteran real estate investors agree that now is an excellent time to expand your property portfolio if you have the means. Mike Zuber is 'ecstatic for what's coming' and writing 'aggressive offers' twice a weekReal estate investor Michael Zuber and his family. Matt 'the Lumberjack Landlord' is preparing for rent delinquencies and a market correctionNew Hampshire-based real estate investor Matt "the Lumberjack Landlord" and his family. Courtesy of Matt and AshleyOne veteran real estate investor is gearing up for rough economic times and a potential 2023 recession.
☆ A top oil analyst explains why oil is about to surge to $120 - and stay there for 2 years as Europe battles supply shocks
  + stars: | 2022-11-15 | by ( Phil Rosen | ) www.businessinsider.com   time to read: +6 min
Come December, oil prices in particular will come under pressure as the European Union imposes fresh sanctions on Russia. Oil prices are about to hit $120 a barrel, and they're likely going to stay high for two years. The Energy Aspects senior analyst said that Europe is facing troubling supply issues that are unlikely to go away anytime soon. "OPEC's been very protective of making sure there's a floor to prices," Gallarati said. What's something that you think could help ease oil prices heading into 2023?
☆ A 25-year-old real estate investor who owns 6 properties in Boston and Georgia isn't deterred by high mortgage rates: 'It's a much better time to buy now than this time last year.'
  + stars: | 2022-11-12 | by ( Kathleen Elkins | ) www.businessinsider.com   time to read: +4 min
Karina Mejia is looking to expand her portfolio of properties, despite high interest rates. It's a better time to buy now than it was last year, she said, because you can actually negotiate. Karina Mejia is looking to expand her six-property real estate portfolio. "You're not going to have your mortgage rate fluctuate like a rental payment can every year," explained Mejia. "If you can still afford a mortgage payment in your current market and buy a home that you would like, then it absolutely still makes sense to buy."
☆ How to build wealth from real estate investing, according to 7 couples and individuals who have done it
  + stars: | 2022-09-23 | by ( Business Insider | ) www.businessinsider.com   time to read: +10 min
With patience and the right strategies, real estate investing can be a path to financial freedom. Several people who have used real estate to build wealth told us how they got started. Insider spoke to individuals, including Zuber, who have used real estate as a tool to build long-term wealth. When he was in high school, "I found online that 90% of all millionaires became so through owning real estate." From that point on, he decided that real estate would one day be his path to wealth.
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