Finding short term rentals from a few weeks to a few months
Phillip Wangenheim Phillip Wangenheim

Finding short term rentals from a few weeks to a few months

Finding a place to rent for a short period of time can seem like an impossible task. But it's not! There are several ways that you can find short term rentals. In this article, I'll discuss the different types of housing options you have as well as where and how to look for them

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Buying a house versus renting a house
Phillip Wangenheim Phillip Wangenheim

Buying a house versus renting a house

Buying a house protects you from rising rent prices

You've probably heard the saying, "rent money is dead money." Well, it's true! Renting a house every few years will cost you more than buying one. If you rent, eventually you'll want to buy anyway because of how expensive renting can become. As opposed to buying in cash, when you rent, the landlord gets taxed on your behalf and passes along those taxes in your monthly payment. So by renting instead of buying and paying a mortgage over time as well as paying taxes on that mortgage interest deduction each year—the sum total of which makes buying an even better option—you're paying more than just rent!

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Buying condominium in San Fernando Valley
Phillip Wangenheim Phillip Wangenheim

Buying condominium in San Fernando Valley

Having this guide will help you remember things to consider when buying a condominium. Whether buying a house or a condominium checking the neighborhood is a starting point in your research. After that you’ll want to check the Homeowners Association Fees. Read ahead for more details.

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Buying real estate for the first time
Phillip Wangenheim Phillip Wangenheim

Buying real estate for the first time

Buying real estate for the first time

Gather your documents.

Get your documents in order. You'll need to have the following at hand:

  • Two years of tax returns

  • Pay stubs for two months of work showing your year-to-date earnings

  • Bank statements for two months, including checking and savings accounts as well as any investment accounts you might have. For investment accounts, you may want to show up to six months' worth, depending on how volatile they are.

  • Credit card statements for two months (if you don't pay off your credit cards every month)

You might need more than that if there's anything unusual about your financial situation—for example, if you work in a field where bonuses tend to be large and irregular or your employment status is precarious.

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