5 Financial Steps to Take Before You Invest in Real Estate
Posted by Steve Harmer on
So you want to get started investing. Now is the best time to set yourself up for a comfortable financial future, but there are a few tasks you should tackle before putting your money to work for you. These tips apply to any investment, whether it’s in real estate, tax liens, or the stock market.
5 Financial Steps to Take Before You Invest in Real Estate
1. Fill Your Emergency Fund
Your emergency fund is a pool of savings you set aside to pay for emergencies. It’s self insurance for things you can’t insure.
Whether it’s a major car repair, unexpected medical bill, or the loss of a job, having an emergency fund can help bridge the the financial gap. Instead of turning to high interest credit cards for funding, you can turn to your emergency…
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