177: Putting Yourself in the Best Financial Position as a First Time Home Buyer with Scott and Mindy

177: Putting Yourself in the Best Financial Position as a First Time Home Buyer with Scott and Mindy

It’s hard being a first time home buyer, especially if you don’t have any experience with real estate, property values, or market appreciation. You may be wondering how you’ll be able to buy a home that will help increase your net worth, or at least, not shrink it. Scott and Mindy are on today to tell you how to make the best first time home buying decision possible. We’ll go through the most common myths that first time home buyers tend to get caught up in. Myths such as: Buy as much home as you can Buy your “forever home” as your first time purchase Your home is an investment And more.. If you’re interested in gaining some appreciation with your first home purchase, Scott and Mindy also walk through the most common exit strategies and how you can prepare to use them. You’ll also hear some great advice on how to find a good deal in your area. And no, a good deal doesn’t just mean a deal that is lower than market average! Want to know more about how to successfully buy your first home? Scott and Mindy’s new book First Time Home Buyer can be ordered now! In This Episode We Cover What most home buyers get wrong when buying their first house The most common myths that first time home buyers believe How to find a good deal, regardless of the area you live in Knowing EXACTLY what kind of house you want to buy Buying a house that works for you and your partner (if living together) Preparing calmly to act aggressively so you can get a perfect home under contract And So Much More! Learn more about your ad choices. Visit megaphone.fm/adchoices

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Ditch Corporate! Start Taking the “Slow” Path to Retirement w/Tae Kim | Life After FIRE

Ditch Corporate! Start Taking the “Slow” Path to Retirement w/Tae Kim | Life After FIRE

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How the Top 1% Invest (and How Do YOU Compare?)

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How do the top 1% of Americans invest their money, and how do your investments compare? We’re breaking down the data, showing what the wealthiest Americans are invested in and how to copy their 1% por...

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Are You Headed for FIRE or the Middle-Class Trap? (Finance Friday)

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If there’s an issue that keeps aspiring early retirees up at night, it’s the dreaded middle-class trap. At just 28 years old, this financially savvy couple is already looking for ways to avoid this is...

7 Maalis 202551min

The Tax-Free Retirement Strategy 95% of Americans Don’t Know About

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The wealthy are using one unique retirement account to build their fortunes tax-free. You may have never heard of it, but knowing about it can change the course of your retirement planning, allowing y...

4 Maalis 20251h 1min

Scott and Virginia Trench Talk Goal Setting, Spending, Prenups, and Future Plans

Scott and Virginia Trench Talk Goal Setting, Spending, Prenups, and Future Plans

How has Scott achieved so much financial success already in his early 30s? He’s got a secret weapon nobody else has: Virginia Trench! That’s right, the woman behind half of the puns you hear on this p...

28 Helmi 202539min

Teacher Retires Early at 45 Thanks to Strategic Living (FIRE in Paradise!)

Teacher Retires Early at 45 Thanks to Strategic Living (FIRE in Paradise!)

Teachers aren’t known for their high salaries, so how did this one reach early retirement and FIRE at just 45 years old? Through “aggressive” saving and smart cost-of-living choices, Amy Minkley was a...

25 Helmi 202555min

Finance Friday: Chasing FIRE by 35 WHILE Supporting Extra Family Members

Finance Friday: Chasing FIRE by 35 WHILE Supporting Extra Family Members

Is something stopping your FIRE? Today’s guest wants to retire early at 35, but with a shaky budget, extra expenses, and a problematic rental property, her path to early retirement isn’t clear. In tod...

21 Helmi 20251h 3min

CPA Shares Tax Tips to Lower Your 2024 (Yes, 2024) Taxes

CPA Shares Tax Tips to Lower Your 2024 (Yes, 2024) Taxes

2024 may be long gone, but it’s NOT too late to lower your taxes for the previous year. If you have real estate or retirement accounts, you already hold the key to minimizing your taxable income and o...

18 Helmi 202543min

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