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Want to increase the potential of your real estate investments? Here are some key strategies to keep

For those who want to increase the potential of your real estate investments I've summarized some key strategies. First and foremost before going into any investment make sure you've taken the necessary steps to understand your net worth, cash flow, and credit worthiness. This will help you determine how much you can leverage and if you can afford the new mortgage payment, if applicable. For first-time homebuyers you may be eligible for certain tax credits if you're under the various income thresholds. This includes the mortgage credit certificate and American Recovery and Reinvestment Act tax credit available for people earning less than usually $90,000/year, although depends by county. All

Are you saving too much?

If you're a student of financial planning you'll know that saving for the future is an important thing to do. It's not every day that someone comes and tells you that you're saving too much. Well, let me be the first to tell you. You may be saving too much. It may turn out that the next 30 years may not prove to be as inflationary as we thought. And if that's the case, then it would have turned out that you didn't need to save as much as you did. And I'm not saying stop saving altogether. Just keep in mind should prices for goods and services remain the same, or decline, over the long run, your ability to save now will mean enjoying the consumption of more goods in the future. Under a long-t

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©2020 BY EUREKA WEALTH MANAGEMENT.

Eureka Wealth Management is a registered investment adviser in the State of California. The adviser may not transact business in states where it is not appropriately registered, excluded or exempted from registration. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any securities or investment advisory services. Investments involve risk and are not guaranteed. Be sure to consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein.