Walking Away from Your Home?

Becoming a homeowner is one of the happiest events in many people’s lives. But when times get tough, it can be difficult to scrape up the money to pay mortgage payments each month. If you’ve accumulated enough equity, you can sell your home at a profit and get on with your life. But what happens if you owe more on your home than it’s worth? Many homeowners face the heart-wrenching decisions associated with these problems. Some choose to negotiate with their lenders, hoping for a

Pros and Cons of Buying Foreclosure Properties

In the best of times, foreclosures happen. When the economy tanks, they happen much more frequently. This is devastating to those who lose their homes, but it presents an opportunity for real estate investors and those who want to get a great deal on a home for themselves. It’s no secret that foreclosed properties are sold at much lower prices than your average home. But are they really worth it? Here are some pros and cons to think about before you spend your money on

What Is “SHARE” (Sharing Helping Always Rewards Everyone)?

The SHARE Food Network began in San Diego, California. It distributes high quality, affordable and nutritious food in order to build communities and strengthen families. The goal or theory behind the process is that you donate some of your time each month to a community task. This volunteer service can be at your library, community center or even your local SHARE distribution location. Any other random act of kindness such as helping neighbors, teaching Sunday school as well as other community service which you are

Shopping centers in USA will be a thing of the past

The number of the shopping centers has increased especially in the last ten years in many countries. But, the United States is prepared to give an end to the golden ages of the shopping centers. Hundreds of shopping malls throughout the country have turned into ghost houses. Shopping centers were the symbol of comfortable life in the 1970s and 1980s in the outskirts of cities in the USA. These shopping malls were the meeting point for families and friends. Nowadays, hundreds of ghost centers have

Global Markets: European stocks increased with Macron

European stocks entered the second day of their gains with the support of rising French stocks after the acquisition of Emmanuel Macron‘s historic majority in the National Assembly of France. The pound continued its rising while the euro remained unchanged as Brexit negotiations started. Miners and banks were the biggest winners in the Stoxx Europe 600 Index. The CAC 40 Index rallied after the Emmanuel Macron government won a historic majority in the French National Assembly. Oil scrapped its losses, however the number of active

Charitable Remainder Trust

I must admit that this is an area that I am far from an expert.  But one luxury I have being in the financial planning and investment management business, is that I am exposed to experts in all areas.  We like to expose our clients to the best of the best in all areas of the complex world of your financial life.  When it comes to estate planning, we have allied with Isenberg, Bottoms & Hyman, LLC who are truly considered among the best in this

Don’t Lease a Car! — Why It’s Almost Always a Poor Financial Decision

Let’s get right to the point. Leasing a car is almost always a very poor financial decision.  I’m going to focus the next few Woody’s Goodies on car buying tips.  But the first tip is, DON’T LEASE A CAR! Summarized below are my views on the disadvantages of leasing a car: The selling price is usually MSRP.  Many dealers hide this value from you, diverting you to low monthly payments. Many car sales people will simply tell you its cheaper to lease, where you can’t

What Should You Pay For Rental Real Estate?

Through my 20 plus years of experience with investing in real estate, I have learned that purchase price is where you make your money. Now, I realize that sounds so obvious that you may not even think it’s worth mentioning, but I see people overlook this simple statement so often that I’ve decided to write an entire article on just this subject. Real estate can be an emotional purchase for many people. When you fall in love with a particular property for any reason other

The ABC’s of Buying Rental Properties — A Hands-On Approach To Success

I love real estate.  However, I respect it at the same time, meaning you must treat this type of investment with care, love and lots of attention to be successful with it.  In my 15 years of experience with investing in real estate, I have learned much. But, perhaps the most important lesson I have learned is that it is not a get rich quick investment, and it is HANDS ON. If you follow some basic rules, you will do very well with real estate.