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Cost Accounting: Why It Matters
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The Federal Reserve just raised interest rates for the first time since 2023, and they hinted at 1 more rate hike possibly this year. How does that change your money? Here are 4 ways: 1️⃣ Your credit card, HELOCs, and adjustable rate loans are tied to the prime rate, and they are going to get more expensive within 1-2 cycles. If you carry a credit card balance, paying it down now is the best guaranteed return you can get. 2️⃣ your high yield savings should earn more if your bank passes the rate
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What Are the Hidden Costs of Real Estate Investing Maintenance and unexpected repairs can become significant expenses when owning an investment property. In this educational video, Pouyan Broukhim of PB Financial Group explains why evaluating a property's condition and construction quality is an important part of real estate due diligence. Topics discussed include: • Ongoing property maintenance and unexpected repairs • Drainage and electrical problems • Identifying potential foundation concerns
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