Interest rates for the last several years have been at historic lows, and will likely remain relatively low for the foreseeable future. This environment of low interest rates have led many people to become serial refinancers. Refinancing provides a proportional savings to the loan amount, with closing costs not varying …
Last month Mrs. C. told me that her brother mentioned the idea of buying a home with a friend. Although she strongly advised him against this, I think he may still end up trying to go this route. The house in question is a $6,500 major fixer upper in a rough area. …
Last year I wrote about Luck, and how all of us are extremely lucky based on the time and place we live in and the modern conveniences that we have. I strongly believe that the true definition of luck is when preparation meets opportunity. For the most part we make …
I wrote before about what I have learned by being an accidental landlord. Since that post I continued to rent the property to the same person as a relatively passive landlord. His lease expired at the end of November and we gave him an extra month for free to move …