I have been sniffing around the rental property market since 2012 and have yet to pull the trigger. Part of the problem is my natural conservative nature and part of the problem is the wives. Me and my friend have been formulating Master Plans over beer for years, all the while knowing we get one … Continue reading Real Estate Investing
So after I started getting interested in personal finance and reading all of 'The Millionaire Next Door' type books, I started to realize that you have to do more than just collect paychecks from your boss if you really want to investing and start stacking chips. I flirted extensively with buying rental properties. More on … Continue reading The Business Deal
So the crown jewel of our budding little empire is the family cottage. 'Up north', as we say around these parts. The cottage was originally bought by my wife's grandparents in the 1950's for $6,500. The cottage sits on 50 feet of waterfront. This lake is 3 miles by 10 miles, spring fed, sand bottom … Continue reading The Cottage
Lighten Up Francis! Below is a list of uncommon items. How many of them do you think you could successfully sell by the roadside? I felt bad for being too heavy with the whole 'derivatives will destroy the world' so in penance I offer up this little nugget of absurdity. Truth by told, I do … Continue reading How Good of A Salesmen Are You?
Going Back Almost A Decade An inheritance from my in-laws allowed us to pay down some serious debt in late 2008. We refinanced our mortgage in June of 2008. There is truth to the old adage, if you can get lower by a whole percentage point, do it. I have refinanced at least 3 times … Continue reading A History of Liabilities