Financial Roll Call with James Fay Shore Point Advisors

An investment property is real estate purchased for the purpose of generating income. Buying an investment property can come with many challenges, such as maintenance costs and stricter financing requirements. This can include higher interest rates and a larger down payment compared with mortgages on primary homes.



During this episode of Financial Roll Call, host James Fay welcomes back expert loan officer Anthony Marone to educate our listeners and the law enforcement community on this very important topic. Anthony has been on previous episodes of this podcast to educate us on various other mortgage topics, and he does a great job here of breaking down the process of owning an investment property.



There are many variables to consider when purchasing an investment property, but, before you dive in headfirst, you should start by doing your research.



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Shore Point Advisors is an investment adviser located in Brielle, New Jersey. Shore Point Advisors is registered with the Securities and Exchange Commission (SEC). Registration of an investment adviser does not imply any specific level of skill or training and does not constitute an endorsement of the firm by the Commission. Shore Point Advisors only transacts business in states in which it is properly registered or is excluded or exempted from registration. Insurance products and services are offered through JCL Financial, LLC (“JCL”). Shore Point Advisors and JCL are affiliated entities.



Learn more: https://shorepointadvisors.com/

With one stroke of the pen, New Jersey Governor Phil Murphy has allowed approximately 8,000 PFRS members with 20 years of service to retire early.    



In this episode of Financial Roll Call, host James Fay discusses the legislation known as the “Burnout Bill” which allows public safety workers who will have 20 years of service within the next two years to retire with a pension, which they can start collecting immediately, regardless of their age. James expresses his concerns on issues that officers might face if they consider this retirement option without first developing a financial exit strategy.   



Having a plan might be the difference between success and failure.



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Shore Point Advisors is an investment adviser located in Brielle, New Jersey. Shore Point Advisors is registered with the Securities and Exchange Commission (SEC). Registration of an investment adviser does not imply any specific level of skill or training and does not constitute an endorsement of the firm by the Commission. Shore Point Advisors only transacts business in states in which it is properly registered or is excluded or exempted from registration. Insurance products and services are offered through JCL Financial, LLC (“JCL”). Shore Point Advisors and JCL are affiliated entities.



Learn more: https://shorepointadvisors.com/

Should I name my children as beneficiaries? This is a question that is asked often. You should know that if your children are still minors, you need to take additional steps if you choose to name them as beneficiaries.  



During this episode of Financial Roll Call, host James Fay welcomes back expert estate planning attorney Michele Clark to educate our listeners and the law enforcement community on this very important topic. Michele has previously been on several episodes of this podcast, educating us on various estate planning topics, and she does a great job of breaking down the process of naming your minor children as beneficiaries on this episode.  



A key benefit of both knowing and understanding this process can help your heirs avoid probate court and its associated expense and inconvenience.



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Shore Point Advisors is an investment adviser located in Brielle, New Jersey. Shore Point Advisors is registered with the Securities and Exchange Commission (SEC). Registration of an investment adviser does not imply any specific level of skill or training and does not constitute an endorsement of the firm by the Commission. Shore Point Advisors only transacts business in states in which it is properly registered or is excluded or exempted from registration. Insurance products and services are offered through JCL Financial, LLC (“JCL”). Shore Point Advisors and JCL are affiliated entities.



Learn more: https://shorepointadvisors.com/

Are you cleared to close?    



The housing market has been on a tear for quite some time now. This has caused a lot of questions with regards to buying a new house or refinancing an existing mortgage. Being that there are a lot of moving parts to securing a mortgage, we thought it would be best to spend some time educating our listeners and the law enforcement community on Title Insurance. And, more importantly, what a Title Agency does.  



In this episode of Financial Roll Call, host James Fay interviews Ron Osadacz, a Title Insurance Professional with the Clear to Close Title Agency. Ron does a great job of breaking down the role of a title agency, which is to verify that the title to the real estate is legitimately given to the home buyer. He further explains how Title Insurance is just a one-time premium that is paid at closing.    



Title Insurance is a way to protect yourself from financial loss and related legal expenses in the event there is a defect in the title to your property that is covered by the policy. This conversation with Ron Osadacz will help you gain a better understanding of how that process works.



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Shore Point Advisors is an investment adviser located in Brielle, New Jersey. Shore Point Advisors is registered with the Securities and Exchange Commission (SEC). Registration of an investment adviser does not imply any specific level of skill or training and does not constitute an endorsement of the firm by the Commission. Shore Point Advisors only transacts business in states in which it is properly registered or is excluded or exempted from registration. Insurance products and services are offered through JCL Financial, LLC (“JCL”). Shore Point Advisors and JCL are affiliated entities.



Learn more: https://shorepointadvisors.com/

Since mortgage rates have been (and still are) at historically low levels over the past year, it has caused a lot of people to ask the question: “Should I refinance my mortgage?”  



In this episode of Financial Roll Call, host James Fay interviews a familiar face to our podcast. Anthony Marone, a loan officer with NJ Lenders, is back once again to educate our listeners and law enforcement community. This time, Anthony speaks about the rules of refinancing. He does a great job of breaking down the many different factors that go into refinancing a mortgage, as well as some of the reasons that homeowners might want to refinance.  



With mortgage rates slowly moving up, now might be the time to investigate whether you should be looking to refinance your mortgage. The goal of this episode is to help you decide if now is the right time for you to do that.



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Shore Point Advisors is an investment adviser located in Brielle, New Jersey. Shore Point Advisors is registered with the Securities and Exchange Commission (SEC). Registration of an investment adviser does not imply any specific level of skill or training and does not constitute an endorsement of the firm by the Commission. Shore Point Advisors only transacts business in states in which it is properly registered or is excluded or exempted from registration. Insurance products and services are offered through JCL Financial, LLC (“JCL”). Shore Point Advisors and JCL are affiliated entities.



Learn more: https://shorepointadvisors.com/

Investing in yourself could prove to have the best rate of return. During this episode of Financial Roll Call, host James Fay interviews Ed Esposito, who is a Captain with the Essex County Sheriff’s Office and more importantly the founder of ESPOS Test Prep which provides comprehensive training for promotional law enforcement exams.  



The financial impact of being promoted throughout your career directly affects your pension in retirement. The monetary figures are very eye opening and should be motivation to put yourself in a position to get promoted and rise through the ranks.  



Remember... you are your #1 asset!



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Shore Point Advisors is an investment adviser located in Brielle, New Jersey. Shore Point Advisors is registered with the Securities and Exchange Commission (SEC). Registration of an investment adviser does not imply any specific level of skill or training and does not constitute an endorsement of the firm by the Commission. Shore Point Advisors only transacts business in states in which it is properly registered or is excluded or exempted from registration. Insurance products and services are offered through JCL Financial, LLC (“JCL”). Shore Point Advisors and JCL are affiliated entities.



Learn more: https://shorepointadvisors.com/