A reverse mortgage is an interesting sort of financial product. Maybe you’re vaguely familiar with the concept. Let’s take a closer look at how it works specifically. The way a reverse mortgage works is simple – it allows senior citizens (at least 62 years old) to tap...
Our favorite investment vehicle is single family residential units. For proper diversification we suggest you spread your portfolio over a broad geographic area. But for our truly motivated investors who want to go big time, it can become something of a chore to keep...
There’s no shame in being an hourly wage earner. Heck, most people make their money this way – but here’s a powerful idea to ponder. You’ll never be truly wealthy as long as you get paid based on time. Of course, you can live very comfortably on an hourly rate,...
Say the words “loan modification” in a room full of income property investors and watch ears perk up expectantly as silence settles over the room. Think they’re interested much? You bet they are. Is there anything in it for them, in this historical intrusion into the...
While some “experts” might talk about the cycle of housing boom and bust, at Empowered Investor Network we figured out a long time ago that it’s the value of the land beneath the house that fluctuates the most. The house itself, or improvement, is likely to hold value...
