What’s the best way to save for your children’s college educations? These articles discuss the cost of a college education, how to develop an effective college savings strategy, and how to find funding sources.
Making good financial decisions with an inheritance can have a major payoff. Using the inheritance to pay off debts and create an emergency fund is a good start. A 529 college savings plan can be used for the inheritance to be stocked away for college.
I got a call at the top of the show from a woman who wondered if she should use the $70,000 her kids inherited to pay off her investment property. She...
Today on the Ilyce Glink Show, Ilyce covered the highlights of what has been billed as the "Worst Week in Wall Street History." A week where the Dow Jones index dropped 2,400 points, marking a more than 40 percentage point drop from the high a year ago. Today's show, which featured a special third hour, Ilyce answered questions on investing in the stock market, if it would be possible to reduce quarterly tax payments, how to help aging parents transfer a property to children to avoid it being sold to pay assisted living fees, choosing a good company in which to invest now that prices are so low, choosing a good financial advisor, 529 college savings plans and other ways to save for college tuition, buying a foreclosure and being aware of homeowner association rules and regulations (before closing), who real estate attorneys really represent in Georgia, whether you should choose a self-employed 401(k) or Sep IRA if you get 1099 income, and what are the risks of going entirely with a wireless phone (especially where 911 calls are concerned). To find out more, tune into the show. For show notes and updates through the week, check out her blog at www.thinkglink.com/blog , and sign up for her free weekly newsletter on the ThinkGlink.com home page. Check out the videos at www.expertrealestatetips.net. And be sure to subscribe to her YouTube channel.
Today on the Ilyce Glink Show, Ilyce discussed the Federal Government's takeover of secondary mortgage market giants Fannie Mae and Freddie Mac. She took calls from listeners like Cathy, who are wondering if the takeover will have an impact on their house closings in the coming weeks. Ilyce's answer: No. She said the takeover should help get the mortgage market moving again as international investors regain confidence in the U.S. mortgage market. Ilyce also took calls from Bob about how he should put money away for his grandchild (who would be the first person in the family to go to college), and from Chris, a real estate broker for 30 years who is incensed about what has happened to the real estate market and Fannie Mae and Freddie Mac. She also answered questions about how to encourage an ex-spouse to refinance a loan after a divorce, whether you should stay in the stock market if you're in retirement, and other investment questions. For show notes and updates through the week, check out her blog at www.thinkglink.com/blog , and sign up for her free weekly newsletter on the ThinkGlink.com home page. Check out the videos at www.expertrealestatetips.net. And be sure to subscribe to her YouTube channel.
Today on the Ilyce Glink Show, Ilyce discusses some of the things she learned at this year's Inman Connect real estate and technology conference in San Francisco. And, she walks listeners through the details of the new Housing Bill, that passed Congress this weekend. She took a bunch of calls about how banks sometimes lose deposits when you put them through ATM machines (Ilyce suggests making copies of the checks to prove what you deposited), 529 plans vs. iBonds, reverse mortgages and refinancing. For show notes and updates through the week, check out her blog at www.thinkglink.com/blog , and sign up for her free weekly newsletter on the ThinkGlink.com home page. Check out the videos at www.expertrealestatetips.net. And be sure to subscribe to her YouTube channel.
A parent asks about the cost of college tuition and about having a student start at a community college. Because the cost of college tuition is so high it's a good idea to start out at a less well known school and transfer. When a student goes to a big name school, she may be taking on $50,000 to $100,000 in debt for college (not including graduate school costs). She'll have a $700 to $1,000 per month headache to deal with after graduation. That's after taxes, and after she pays for her rent, utilities, cell phone, car, gas and food.
This week on the Ilyce Glink Show, Ilyce talked about investing in foreclosures with Ralph Roberts, who has personally bought and sold more than 2,000 foreclosed properties. She also spent time on the phone with nationally-syndicated columnist Kathy Kristof, who shared some of her ideas on financing college tuition. Tune in to hear their advice, and Ilyce's answers to your calls on today's show. Check out the show notes at www.thinkglink.com/forum, and don't forget to subscribe to Ilyce's new all-video site, www.expertrealestatetips.net.
Today on the Ilyce Glink show, Ilyce talked about selling timeshares, and some last-minute things you can do to lower your taxes next April 15th. She also answered questions on new car financing, paying for college, switching careers, and using IRA cash to invest in real estate. Don't forget to check out Ilyce's Forum for radio talk show notes (www.thinkglink.com) and be sure to subscribe to her YouTube channel, www.youtube/expertrealestatetips.