Ever watch home improvement shows where properties are purchased for dirt cheap, renovated, and then resold for more than the initial purchase price? That’s the process of flipping houses and with more spotlight being shown on this facet of real estate investing lots of individuals are getting into the business. 

Imagine turning hidden gems into dream opportunities for interested buyers while making a decent living for you and your family. Flipping houses is not as easy as it sounds though, so it’s important to have a plan. Below are a few ideas on what you’ll need to get started.  [Read more…]

If you’re like most people, you unconsciously believe that the 3% of the population in the U.S. who are millionaires have a magical ability to come up with the right business ideas, overcome all kinds of obstacles, and succeed at extraordinary levels. Yet, a life of wealth and success may be closer than you imagine. All you need to do is learn how to change your money story.

Set Clear Wealth Goals

Imagine that you’ve just won 10 million dollars in the lottery. What would you do with the money? Would you build a business, travel the world, and contribute to your favorite charity? Although this may all seem like a rather futile fantasy, this simple imaginary exercise will help you identify your wants, needs, and desires. [Read more…]

When a person dies, their estate will likely go through probate before it’s distributed to their heirs. This means making sure those who the recently deceased still owed money to are able to receive compensation. Given the fact roughly one out of every ten Americans lives in California, we figured it’d be a good idea to go over the probate process there.

Probate in California, like other states, involves several steps including securing the services of a local probate attorney, will validation, property inventory and identification, appraisal, paying taxes and debts, and asset distribution. [Read more…]

Trading calls for a cool head, no matter how things are going for you. In the face of a thrilling day of success on the market or as you pick up the pieces of a major loss, the successful trader knows enough to keep their wits about them, not letting the emotions that come with the situation influence their decision making process. With that said, it might be openly stated that women all over the world are predisposed to be protective, perhaps owing to the maternal instinct inherent in them all. In the trading world, this tendency has translated into women being, on average, less likely to undertake risky trade actions, with a focus on long-term holdings. The prudent nature of women translates to more healthy returns in the long run. [Read more…]