I was excited when I saw the headline in the Business Insider that they were talking about the 18 best bottles of scotch in the world. I mean, I have my own personal preferences, and I can appreciate a great glass of scotch, but my wallet isn’t in any condition to afford anything on a “best scotch list”, that’s for sure. But I still like to read about it. And so I did. And I…
How to buy a $1 million home for $1,900 a month!
Seems like all the interesting news is coming out of Southern California these days. This time, it’s about our old friend, the interest only mortgage. Never mind the fact that this was one of the chief contributing factors in the housing crash just a few short years ago. Times are good and money is cheap, so hey! Lets get the party started. The article is from the Dr Housing Bubble Blog. A link to the…
I KNOW you have stories to tell
Ok – SPILL! I’m serious. And all kidding aside. I want to hear your stories about real estate and real estate investing. We all have them. If you’ve read my stuff, you know that I have a ton of them, and I haven’t even told them all yet! I know that you have them too. And I want to hear them, and post them here on my site so everyone can enjoy them. So I…
Housing Inventory – Rising?
Interesting article out of Southern California recently. They’re looking for housing inventories to rise. And it some cases it looks like it’s already starting to happen. One person wrote from San Diego: “Lots of houses are coming on the market now where I live in San Diego. The most I’ve seen in years but they are all listed at the highest prices I’ve seen since the crash. The prices are not dropping one bit either,…
No Horses, But Detroit Employs a ‘Horseshoer’?
Full disclosure: I admit to being completely jaded and one of the most vocal and cynical critics of the City of Detroit. In sharp contrast with many of the vapid rah rahs who do nothing but extoll the supposed “virtues” of this rotting cesspool, I actually own property in the city, and I have now for several years. So I have some perspective with this. But even I admit that I don’t know everything about…
Landlords Score Twice!
Cheers! It’s time to celebrate! We just received some INCREDIBLE news this week. And not just one, but two major stories, coming out of two news organizations. The first story was in Bloomberg, and the title screamed “American Dream Slipping as Homeownership at 18-Year Low” I won’t bore you with a lot of the meaningless blah blah blah that bogged down most the piece, but I will tell you that the icing on the cake…