Archive for August, 2006
Thursday, August 31st, 2006
A co-worker put his business card in one of those "Win a free lunch" fish bowls at a restaurant. He won a free lunch for 10 people. However, there is always a catch. We have to listen to a 5-10 minute presentation at lunch from a financial advisor who is ...
Posted in General | 3 Comments »
Thursday, August 31st, 2006
I have to drive 30 miles to get to my office now. The highway is always jam packed in the morning so I've been taking a local route. I'm not driving 30 miles through city, I'm driving 30 miles through backroads and rural farmland so I actually get to work ...
Posted in Real Estate | 1 Comment »
Wednesday, August 30th, 2006
I've lately started reading a bunch of personal finance blogs that are written by people under 30. Their blogs are linked together forming a nice community of people under 30 who watch and care about their personal finances.
I enjoy reading these blogs because it really reminds me of how I was when ...
Posted in Real Estate | 9 Comments »
Wednesday, August 30th, 2006
I had this conversation with a co-worker about 3 years ago. He had just had a baby girl and was telling me how he and his wife are saving $400 a month for her college fund.
"We are putting $400 into the S&P 500 index mutual fund every month"
"Jason, with an 18-yr timeframe ...
Posted in Real Estate | 3 Comments »
Wednesday, August 30th, 2006
Would you buy some properties in a historically non or slow appreciating area at a 12% cap rate or lend out that money at 12%?
One is obviously less work, but what are the risks of both?
Let's say I have $50,000 and I go purchase a house in the mid-west for ...
Posted in Real Estate | 9 Comments »
Friday, August 25th, 2006
I had another short call with the developer about my lots. As usual I'm torn between two options.
Option #1: I get the construction loan in my name against my lot. The developer pays all the interest during construction and builds the home. We sell the home and split the profits.
As ...
Posted in Real Estate | No Comments »
Thursday, August 24th, 2006
I think I should start calling this my "Land just east of Hurricane" because that's where it really is. I have just begun talking to a developer about building some spec homes on my lots out there.
I don't have any details yet on how this deal would work, but according ...
Posted in Real Estate | 3 Comments »
