Home Archives - Page 7 of 17 - The Outlier Model

You’ll Be Shocked To Learn Where Your Mortgage Is Likely To Be Denied

Allen Francis / November 7th, 2019 / No Comments

There are more American homeowners renting homes than any other time over the last 50 years. Almost 65% of Americans are homeowners but over 36% of those homeowners rented instead of owned their homes. Among other facts about homeowners to consider: • Almost 40 million homeowners are financially strained • Over a third of all homeowners allot 30% or more of their income for home finances...

Posted in: Career, Career and Work, Credit and Debt, Home, Personal Finance, Real Estate Tagged with: mortgages are denied

You Must Hear About These 5 Cities with Rent Under $600

Allen Francis / October 25th, 2019 / No Comments

(Lincoln, Nebraska image by Tim Vrtiska via CC BY-ND 2.0 ) In 1997, when I was a young and hopelessly naïve college student, I dreamed about moving to San Francisco. I had no real-life experience or any understanding of cost of living standards. Most young people think that they will live forever, stay healthy forever, and can do anything. I reflect in shock as I once believed that I could do this. One...

Posted in: Home, Personal Finance Tagged with: rent under $600

Personal Reflection – I Was Financially Unprepared for My First Apartment

Allen Francis / September 24th, 2019 / No Comments

I wrote about this topic before, but I wanted to go into greater detail about my mistakes in renting. Owning a home is the American ideal. However, most people settle for renting an apartment. Still, even that isn’t easy for most to do. The average studio apartment in New York City, Manhattan specifically, costs $2,550-a-month. Meanwhile, about 43% of Americans can barely afford their rent and bills. People...

Posted in: Home, Personal Finance, Saving Money

Examples of Fraudulent Real Estate Practices

Allen Francis / September 24th, 2019 / No Comments

Are you aware of fraudulent real estate practices? Have you ever found yourself ignoring a nagging feeling that you’re being scammed? The situation that is being presented to you may be just too good to be true. Or, the facilitator presenting the deal is just a little too politely aggressive, which they ostensibly claim is for your sake. Many of us have gone through these motions right before becoming...

Posted in: General, Home Tagged with: rip off, scam