By Derek, on August 10th, 2018%  The housing market is white hot right now. Some houses are selling in less than a day…and then there’s your house…which has been on the market for months and is still not selling. You’re desperate to know – what are your options if you can’t sell your house?? Lucky for you, there may still be a light at the end of this tunnel! Here Are Your Options If You Can’t Sell Your House This post contains affiliate links. You might think that you only have one or two options to actually get some interest in your house at this point. You’re feeling desperate, but you don’t have to go there yet. Based on my research, you’ve actually got at least 11 options if you can’t sell your house right now! Let’s hit them one by one and get your house sold!! 1) Make Cheap (But Noticeable) Improvements The absolute cheapest, . . . → Read More: Can’t Sell Your House? Here Are Your Options By Derek, on May 30th, 2018%  I can’t believe I’m saying this, but the project house is done!! We bought this place in October, tore everything out of it by the end of November, and then spent MONTHS putting it all back together. I never dreamed it would take this long (both my wife and I are SO over this house), but we’re officially done-zo. Our realtor is walking through the house today and it hits the market tomorrow. The entire experience hasn’t been great, but hopefully we at least make a big pile of money! đ Flip House Completed! Before and After Videos This is the “Before” video. Please make sure you view at least part of this video to get a full understanding of just how terrible this house looked before. In all honesty, I figured we’d have this house all fixed up by March….but it took 2 extra months of INCREDIBLY hard work . . . → Read More: Flip House Completed! Before and After Videos – You Won’t Believe It!! By Derek, on April 13th, 2018%  I’m dead serious. This isn’t a guest post where someone comes along and rants about good debt vs. bad debt. This is me, Derek Sall, and all the reasons why I’m about to go back into debt after 3.5 years of complete debt freedom. Am I a Hypocrite? Why We’re Going Back Into Debt “Whoa, Derek. You just blew my mind a little. You, Mr. No Debt, are talking to the banks about taking out a loan? What happened?” I know, I know. Never in a million years did I think I’d write a post that was titled, “We’re Going Back Into Debt”… I vowed to myself that I would never take on debt again. But you know what? This site is called Life And My Finances for a reason. Not every decision can be made based on financial common sense. Surprisingly enough for some of us math nerds, life . . . → Read More: Am I a Hypocrite? We’re Going Back Into Debt By Derek, on April 11th, 2018%  Youâve probably seen all of the âget rich by investing in real estate!â posts while scrolling through social media the last few years. You also most likely heard the argument that most millennials canât buy houses because they splurge on avocado toast (newsflash, thatâs not the reason). But in a time where many people can barely afford to put a down payment on a house, let alone pay for all that a house needs, is home ownership as great as it seems? Is Home Ownership As Great As It Seems? This post has been written Kimberly Studdard We’ve long been a society where home ownership is the epitome of “making it” in America. If you own a home, your life is perceived to be stable and your future is bright…but not everyone shares this viewpoint any more. But why? Let’s dive into the details. Is home ownership as great as . . . → Read More: Is Home Ownership As Great As It Seems? By Derek, on March 30th, 2018%  Liz and I have had a financial (real estate) plan since before we got married. It went something like this: I pay off my house She sells her house We get married (and move into my house) Use the equity from her house and cash that we’ve been saving (this didn’t take long since we were both working and our expenses were practically nothing) to buy a cheap $80k rental house with cash Fix it up, rent it out, then save up another $80k (over the course of roughly 2 years) to buy another rental house…fix it up, rent it out Save up aggressively to buy our long-term primary residence – one with acreage, 4 bedrooms, and 2 bathrooms, and a nice barn for my wife’s future horses So far, we’re doing pretty good! We’re on step 5, fixing up rental property #2 and hopefully finishing everything by the end . . . → Read More: Project House Update!! Photos, Expenses, and Projected Rental Income! By Derek, on March 26th, 2018%  Want to be wealthy? Well before you start dreaming about luxury cars and huge houses, you might first want to take into account where you live. That’s right, wealth comes from where you live…and NOT your salary. Wealth Comes From Where You Live…Not Your Salary Have you ever known a doctor that owned a huge house, had a Mercedes convertible in the third stall garage, and cruised around the lake in a sweet boat on the weekends…but was in debt up to his eyeballs and a net worth of zippo??!! Well, they’d probably never tell you about their financial troubles, but there are plenty of docs that have a huge salary and absolutely no savings or investments to speak of. Why is this? It’s because a high salary does not equal wealth. Sure, it can help, but just because you make a lot of money at your job doesn’t mean . . . → Read More: Wealth Comes From Where You Live…Not Your Salary By Derek, on February 12th, 2018%  Making the most out of a real estate investment requires landlords to reconsider their rental strategies on a regular basis. If you stop learning, your profits will likely suffer over time. Top Strategies to Get More Profit From Your Rental Property If youâre interested in getting more profit from your rental property or properties, incorporate these habits into your 2018 real estate management plan. 1) Decrease Turnover and Vacancy As most landlords will tell you, fewer things are more trying in property management than constant turnover. If you want to save yourself from headaches and frustrationâand a loss of profitâdo all you can to reduce turnover and prevent vacancies in your rental property. Turnover costs you more in the long run than you might think. Youâll lose rental income as long as the property remains unrented, which depending on cleaning and repair needs, could be longer than two months. . . . → Read More: Top Strategies to Get More Profit From Your Rental Property By Derek, on February 5th, 2018%  Are you a no-debt person like me? Have you dominated your finances over the years and even found a way to pay off your house?! That’s awesome! But here’s the thing…Let’s say you’ve paid off your house, you don’t want to go back in debt….but you want to move. How on earth can you buy your next house without a mortgage? I mean, sure you have equity in your home and you might have a nice pile of cash in your savings to put with it, but how can you sell your house and get the equity out of it to pay for the next house? Is it even possible? How to Buy Your Next House Without a Mortgage This is the question Liz and I are asking ourselves lately. We have our primary house near the city as well as our two rentals – all of which we own . . . → Read More: 4 Ways to Buy Your Next House Without a Mortgage By Derek, on December 18th, 2017%  Have we really owned this house for two months already?? Sheesh… It feels like 2 weeks. There is still so much to do, I bet we’ll still be at this 3 months from now. BUT, it will all be worth it once we sit back and collect our $1,300 rent check each month! đ For those of you that are just recently joining us, you can quickly catch up on our rental house progress with these posts: How We Just Scored a $100,000 House for $75,000 Our New Rental House Project – Video Walk Through! Our Rental House Progress – 3 Weeks In The Rental House Progress – Two Months In This is definitely a bigger project than we initially thought it would be (in our minds, we were going to tear down the paneling and patch the plaster – a 1-2 week job….and now all we see are 2×4’s…), . . . → Read More: The Rental House Progress – Two Months In!! By Derek, on December 4th, 2017%  Remember that $75,000 car I was absolutely obsessed with a couple months ago? It was a black and white Ferrari 360 – one of the most beautiful cars I have ever seen. Man it would be awesome to drive that thing to work every day! Plus, we actually had the money in the bank to do it, so we went to the dealership and bought it, right? I mean look at this thing! Wrong…. Instead, Liz and I bought a 100 year old, 3 bedroom 1 bath, fixer-upper house with the exact same price tag… $75,000… 7 Reasons I Bought a Crappy House Instead of My Dream Car So what are the reasons I bought a crappy house instead of an amazing $75,000 car that goes 0-60 mph in 3.8 seconds? Well first of all, the car would probably kill us (I have no business driving something that . . . → Read More: 7 Reasons I Bought a Crappy House Instead of My Dream Car | Top Resources on this SiteAffiliate Disclaimer:We are a professional site that receives compensation from the companies whose products we recommend. We test each product thoroughly and give high marks to only the very best. We are independently owned and the opinions expressed here are our own. Disclaimer: LifeAndMyFinances.com has entered into a referral and advertising arrangement with Wealthsimple US, LTD and receives compensation when you open an account or for certain qualifying activity which may include clicking links. 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