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  • We make $180k per year and live in a 3-room HDB flat. Should we save to buy an investment property, upgrade to a condo, or larger flat?, Lifestyle News
    Investment Property

    We make $180k per year and live in a 3-room HDB flat. Should we save to buy an investment property, upgrade to a condo, or larger flat?, Lifestyle News

    January 23, 2023 /

    Hello, We’ve read with interest on your advice columns, and we especially appreciate the effort and detail put into the responses. My wife and I are in a bit of a dilemma.  We live in a 3-room HDB flat in Clementi Ridges which we bought for close to $400k. Our MOP is up in April this year. We’re in our mid-30s and together we make $15,000 gross a month, with no debts other than our HDB loan. We don’t plan to have kids. Our goal is to have a retirement nest egg; the question is how best to go about building it. We’re not sure if our next move should…

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    Jerry Schmidt Comments Off on We make $180k per year and live in a 3-room HDB flat. Should we save to buy an investment property, upgrade to a condo, or larger flat?, Lifestyle News

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  • At Home: Beware the four most expensive words in home remodeling | Lifestyle
    Home Improvement

    At Home: Beware the four most expensive words in home remodeling | Lifestyle

    December 4, 2022 /

    The moment all over again, even while I know much better, all those four tiny words, usually uttered in the throes of a property remodel, got me: As long as we’re remodeling the kitchen area, let’s update the visitor lavatory! Yeep! That innocuous minimal phrase, “as extensive as we’re,” and its falsely implied benefit, also masquerades as the equally risky (and high-priced) 4 phrases: when we’re at it. …. After these humble phrases typically appear the words and phrases why don’t we, or we must, or let’s. Next point you know, your entire property is torn aside. My husband and I had been reworking our kitchen area and had picked…

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    Jerry Schmidt Comments Off on At Home: Beware the four most expensive words in home remodeling | Lifestyle

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  • At Home: Which home renovations get the best returns? | Lifestyle
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    At Home: Which home renovations get the best returns? | Lifestyle

    September 11, 2022 /

    CRASH! THUNK! Growth! The loud clamor jolts me out of my patio chair, exactly where I am seeking to compose this column. The canines startle from their naps. “Did you hear that!?” their expressions beg. “I know it sounds like 25 cars and trucks and a locomotive slamming into a block wall,” I reassure them, “but it is just the roofers future doorway.” We settle back down. A couple minutes afterwards, KABOOM! We jump. This scene repeats all early morning as the hardworking roofers future doorway detach old clay roof tiles, and shove them by mounds into a dumpster 15 ft below. It is not peaceful. Nevertheless, according to a…

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    Jerry Schmidt Comments Off on At Home: Which home renovations get the best returns? | Lifestyle

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  • Home renovation: Lifestyle changes, aging homes, rising prices spur record spending | Science & Environment
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    Home renovation: Lifestyle changes, aging homes, rising prices spur record spending | Science & Environment

    May 10, 2022 /

    About a year after the onset of the pandemic, Kathy Lange-Novak and her husband, Frank Novak, decided it was time to update their Fitchburg home. After 26 years, the floors, countertops and appliances were showing their age, and the couple thought they needed to upgrade before putting the house on the market. “This is the first time we’ve remodeled anything,” Kathy said. “It needed an overhaul.” Like so many Americans, the recently retired couple had spent most of the past year at home as COVID-19 health restrictions limited their social activities. “It’s one thing when you go, ‘We could really use new carpeting, but we can go to the movies,’”…

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    Jerry Schmidt Comments Off on Home renovation: Lifestyle changes, aging homes, rising prices spur record spending | Science & Environment

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  • Chestnut Hill prepares for sun and fun at their Home And Garden Festival | Lifestyle
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    Chestnut Hill prepares for sun and fun at their Home And Garden Festival | Lifestyle

    April 28, 2022 /

    Chestnut Hill’s House and Yard Festival is again delivering exciting and purchasing for all. On Sunday, Might 1st, one particular hundred and fifty suppliers will set up together the 7700 to 8600 blocks of Germantown Avenue to deliver the community alongside one another and supports the nearby companies in just the Chestnut Hill Small business District. This just one working day competition operates from 11 a.m. to 5 p.m. It is a relatives-pleasant celebration that has a thing for everyone including property décor, out of doors demonstrations, plants and bouquets, jewellery, lawn and tree treatment, landscaping, soaps, home furnishings, handcrafted components, artwork, outfits and more. Amid the quite a few…

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    Jerry Schmidt Comments Off on Chestnut Hill prepares for sun and fun at their Home And Garden Festival | Lifestyle

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  • How Adam Neumann’s Property Cuts His Taxes
    Real Estate News

    How Adam Neumann’s Property Cuts His Taxes

    January 22, 2022 /

    Previous WeWork CEO Adam Neumann (Getty Pictures, iStock, Garden 8 Miami, Stacks on Main, Trulia, Electric power Style and design Inc., Inkwell Decatur, Wikipedia, Illustration by Kevin Cifuentes for The Authentic Deal) When Adam Neumann was ousted from WeWork, he reportedly acquired virtually $200 million, additionally firm inventory well worth hundreds of millions more, Online Education. But with wonderful purses arrives good liability — tax liability, that is. Decreasing it was undoubtedly a priority for the exiled co-founder, and the genuine estate he acquired with his windfall figures to do just that. Neumann’s purchase of a the greater part stake in a $1 billion-as well as luxurious rental portfolio can…

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    Jerry Schmidt Comments Off on How Adam Neumann’s Property Cuts His Taxes

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    Robert Shiller predicted the 2008 housing bubble. Here’s his 2022 call

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