Retirement

STEP 1 Invest Leveraging on Present Asset, Time and Position, Now. Make an inventory of how much equity you have in real estate, savings, liquid assets, etc. Compare refinance or cash out options, consolidate present bills and lower monthly bills. Leverage on Reverse Mortgage, 1031 Exchange, Prop 60/90 and, home improvement loans like FHA203b. Contact me to learn more. Review how much in 401K, stocks...

Decide your timeline and destination Make an inventory of household items to give to families, sell or donate. Avail of yearly free clean up offered by your local garbage collector. Create a master list of items to sell, give away or donate. Assess the home (hire an independent appraiser or professional Realtor to check the market value). It is advisable to order a termite and home inspection who...

Celia is a Registered Nurse with a 9 year old son who was renting and working in Fremont. Her Mom and Dad lives with her too.  Her husband is also an Overseas Filipino Worker (OFW) but in Singapore. She was referred to me as a First Time Home Buyer by her nurse associate and past client. Her lease contract was expiring and renewal for another year will increase $500 more. She wanted to have a 2-3...

Real Estate Investor and the FREE Capital Gains Tax to $500K as couple After listing his single story home in El Dorado Hills for $950,000 and used the exclusion of Free Capital gains to $500K, Tony decided to move in to his rental property that he bought 3 years ago for $255,000. Meanwhile, with the proceeds on the sale of his home, we found him a huge 5 bedroom newer home in a gated community of...

Make a plan where you want to retire and your kind of lifestyle. Philippines is one destination where a couple can live comfortable with this budget. For a $3000 monthly allowance, $1000 rent a nice 2-3 bedroom home. Have a house keeper, a private driver and cover all utilities. For a couple, $1000 per month can be allotted for food, transportation and medical bills. Most people who retire in...