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    The Road to Homeownership #1: Crunching the Numbers: Financial Freedom, #176
    The Road to Homeownership #1: Crunching the Numbers: Financial Freedom, #176
    The Road to Homeownership #1: Crunching the Numbers: Financial Freedom, #176
    Ebook82 pages58 minutes

    The Road to Homeownership #1: Crunching the Numbers: Financial Freedom, #176

    By Joshua King

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    About this ebook

    Purchasing a home may seem impossible today, but you'll still need to understand how to do it effectively.

     

    I own three homes, but my track record is spotty. I wish I had had the correct information before I overpaid for my first home in 2008.

     

    There are so many expenses associated with owning a home that you may not understand from the outside.

     

    That's why getting a house at the right price is essential, factoring in all the additional expenses that will arise. 

     

    This book will give you the information you need to make an informed decision. Good Luck!

     

    LanguageEnglish
    PublisherJoshua King
    Release dateAug 3, 2023
    ISBN9798223940371
    The Road to Homeownership #1: Crunching the Numbers: Financial Freedom, #176

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      Book preview

      The Road to Homeownership #1 - Joshua King

      Table of Contents

      MILITARY FAMILY INVESTING | Joshua King | Home of the Free PDF

      The Road to Homeownership #1

      All Right Reserved Military Family Investing

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      MILITARY FAMILY INVESTING

      Joshua King

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      The Road to Homeownership #1

      Crunching the Numbers

      01  The Road to Homeownership #1: Crunching the Numbers

      02  Homeownership Will Only Be for the Rich

      03  What I’ve Learned from Having Tenants for 10 Years

      04  Is Homeownership Still the American Dream?

      05  Life is a Math Game

      06  Should Both Parents Work?

      07  My Secret Formula to Determine Housing Affordability

      08  Retiring to a Small City and Living on Passive Income

      09  How to Retire in California

      10  Five Ways to Make Rental Income without Owning Rental Properties

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      Disclosure: I am not a financial advisor or money manager, and any knowledge is given as guidance and not direct actionable investment advice. I am an Amazon Affiliate. Please research any investment vehicles that are being considered. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it.  I have no business relationship with any company whose stock is mentioned in this article.

      All Right Reserved Military Family Investing

      Although homeownership may seem out of reach today, you’ll still need to know how to buy a home effectively.

      Yes, there is a right way and a wrong way to buy a home. I own three houses, and my track record is spotty.

      My first home was a financial disaster (score 20 of 100). My second house is a financial success (score 100 out of 100). And my final home is financially okay (score 55 out of 100).

      Pay Down Debt or Start Investing 2

      During this series, I will walk you through how to crunch the numbers, remove emotion, and save for a down payment. I’m sure there is more I will cover as time progresses, but for now, let’s get started.

      It’s all about the numbers. The most crucial part of buying a home is the numbers. Life is a math game, and if you can figure it out, you’ll have massive success.

      I understand that buying a home has a substantial emotional element, but for now, let’s push that to the side.

      The most challenging part for couples buying a home is getting on the same page. You can watch HGTV and see how difficult it is to balance finances and emotions.

      From Zero to Zeroes: From $0 to $200,000

      Today I will talk about the numbers, and my next article will be about emotions. If you are not good with math, I suggest you get good at it.

      How much do you make? How much money do you make every month? Does your family have one income or two? How much home can you afford?

      Your home should be less than 25% of your total income. It may seem impossible in today’s investor-heavy housing market, but I assure you that you can achieve the 25% rule.

      Let’s say you make $10,000 per month as a family. This means your home should cost around $2,500/month.

      Investing in Interest 103: Treasure in

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