real estate

So You Want to be a Landlord? Part II: How Do You Actually Make Money?

The truth is that rents sometimes do not cover the monthly costs of owning the rental home, so how is it that these real estate gurus make their money? A lot of people think that i

Your equity was always imaginary

You used to hear the term "land rich, cash poor" for people who owned valuable land but didn't have quite enough money to make ends meet.  It's an expression that

So You Want to be a Landlord? Part I

With dropping home prices, a long term investment in real estate is looking pretty attractive. Whether you want to buy rental property outright, or renting is your plan B when your

Do not buy something just because you can afford it

Since I got married people have been constantly asking me two questions. One is, "are you pregnant yet?", and the other is "are you going to buy a house?" One

How Do You Take Advantage of the Federal Interest Rate Cut?

The Federal Reserve just cut the interest rate by 0.75% between two official meetings! This is the largest cut since 1982 and it was like an adrenaline shot to the sagging stock ma

How the Banks Were Fleeced -- A Primer to Mortgage Fraud

Have you seen homes in your neighborhood sell for unreasonable prices and quickly end up in foreclosure? If this is a common occurence then perhaps there is a ring of thieves commi

Why mortgages have eaten Americans out of house and home

What lessons can future homeowners take away from today's "mortgage crisis?"

Personal Finance Lessons from Online Adventure Game (RuneScape)

A friend shared with me some strategies he's learned for playing RuneScape. Can these strategies be applied to personal finance? Let's see.

Renting is cheaper

Everybody has seen a rent-versus-buy analysis. Here's a different way to look at it.

Are You Ready for Home Ownership?

My husband and I just moved to the Great Northwest, and we batted around the idea of purchasing our first home. We are both college graduates, have great jobs, and we’re ready to live the American Dream! [more]

Why you can't trust a real estate agent.

Surely a real estate agent would want to get you the very best price for your home. After all, they earn commission. The more they sell it for, the more they make, right? [more]