This guest post is brought to you by Tali Wee of Zillow. (If you're interested in writing a guest post, please see our guest posting guidelines.) Veterans and active-duty service members who are considering purchasing a home should evaluate the significant advantages of Veterans Affairs home loans (VA loans). These loans are easier to … [Read more...] about Guest Post Wednesday: 5 Benefits of VA Home Loans
Mortgage & Real Estate
Everybody wants to save money to reach financial independence, but it's even more challenging to avoid unnecessary expenses. Sometimes "spending avoidance" requires sweat equity, training, and experience. Other times you can avoid expenses with a little knowledge and good habits. The trick is to find the balance where "do it yourself" is not slave … [Read more...] about Save Money by Fixing Your Own Plumbing
Another content-heavy, link-filled post to get you through the weekend! I recently read a Reddit question that also describes how servicemembers turn into landlords: I'm in the military, eligible for a housing allowance based on my rank and typical rent levels for this ZIP code. I see the following three options for housing: 1) … [Read more...] about So you want to be a landlord.
Conventional wisdom claims that retirees shouldn't carry debt. If you're going to enjoy retirement then you want to minimize your non-discretionary expenses and maximize your entertainment! discretionary spending. However, military retirees (and retirees with annuities) have the “unusual” situation of highly reliable retirement income. We know … [Read more...] about Covering a Mortgage in Retirement – How Not Paying Off Your Mortgage Can Lead to More Financial Flexibility and a Larger Investment Portfolio
It's Monday and many of you are probably at work wishing you were out surfing. If you're stuck in a quiet air-conditioned office, then let me put up an eye-candy post that'll make you glad to be sitting there. Sorry, no surfing scenes-- this will be noisy & sweaty demolition and construction. This post started out as "frugal budget home … [Read more...] about DIY home improvement
I was ready to wax our old toilet. But before I explain that teaser, let me talk about a critical aspect of financial independence: DIY-- doing it yourself. When you're working 60 hours a week (or deployed for a 168-hour workweek) then you probably don't look forward to doing your own home maintenance. You'd … [Read more...] about DIY home maintenance
Everyone in the service knows a military real-estate mogul. They're shipmates or other veterans who always seem to be looking at real estate, working on their home, and maybe even renting out a house as landlord or investing in commercial property. They may not care about the cars they drive or the best restaurants, but their eyes light up when … [Read more...] about Military Members & Real Estate: Should You Rent, Buy, or Live on Base?