In May we closed on a 3 bedroom house on half an acre that we paid $20,000, bringing us to 4 total houses. Over the past 8 weeks we have fully rehabbed this house, spending another $12,000 to get it to where it needed to be. Our current goal is …
10 years ago Mrs. C. and I bought a house at the tax auction for $6,000 with plans to either flip it for a big profit or rent it out. We ended up doing neither and lost several thousand dollars on that house when we sold it to get the …
Paying off the mortgage is a great goal to have, especially if you have a 30 year mortgage. On my $116,000 mortgage paying an extra $200 per month put me on track to cutting my mortgage duration in half. Because 30 year mortgages are mostly interest payments for the first …
I recently came across a viral article entitled “This is The Salary You Need To Afford A Home In Each Of The 50 States“ I decided to read it, because I knew it would be misleading, and designed to give an echo chamber to everyone who wants to moan and …