You could say that real estate has quite literally hit rock bottom in some areas of the country, since you can find free land, and possibly homes in some areas of the country, for free! If you've ever dreamed of moving out the rural Midwest and breadbasket of America you can find some great opportunities for real estate...
Housing is by far the most expensive budget item for practically everyone. So it should come as no surprise that we spend years of our lives working simply to pay for the place we call home. But exactly how many hours of your life are dedicated simply to having a place to sleep at night? And...
Calculating real estate values can be as simple as 1, 2, 3! There are three ways appraisers go about determining the fair market value of income producing property. These three approaches are: Income Approach Market Data / Comparable Sales Approach Cost / Replacement Value Approach Each of the models is unique and take a completely different viewpoint. You'll notice that I also used two...
We've all seen those commercials for bowflex and 6 minute abs, but have you checked out the recent home mortgage calculator workouts? Intense doesn't even begin to describe how much financial fat you'll burn with these bad boys. Unlike 6 minute abs, you can have them all completed and get your home finances ripped in just 5...
Each year millions of wide eyed and money hungry gamblers flock to a neon lit sand pit hundreds of miles from the barren Sierras. They come in droves to test their luck with slots, cards, and roulette. Free booze pours as gorgeous people from around the world make these new guests feel like they hold the key...
It's become fairly common with the dips in housing prices for those who are underwater to walk away from their mortgage, but I just learned that in Chicago, practically in my backyard, banks are beginning to follow suit. Perhaps this isn't news to you, but for me, it's interesting to learn about banks literally abandoning properties. I just read...
My First House
So you think you're ready to get a pad for yourself? Buying a house, for many, is the single largest financial decision of their lives so It's no surprise then, that this decision shouldn't be taken lightly. The decision to tie yourself to payments for 15-30 years is huge. As someone who owns several residential...
This project took a few years and included ripping out a chimney that went from the basement to the roof, which became unnecessary when I put a new furnace in the house. The hardwood flooring is original maple and was carpeted over. The kitchen floor is new as there was no wood floor originally in the kitchen. A large...
According to CNN Money, the most expensive housing market in the USA is... drum roll please... HONOLULU! I can attest Honolulu, is VERY expensive, but it is possible to live there cheaply if you do it right. Heck, I lived in Honolulu for about $1,000 a month, but it's not for everyone. If you're focused enough on achieving financial freedom in...
I've seen quite a few cool articles lately about using old shipping containers as homes and buildings. With a huge trade imbalance the United States often has left over shipping containers sitting at our ports without a purpose. Therefore many people have taken these excess containers and turned them into buildings, and which is a great solution...