Note from Paula: In my last post — Part 1 – I described how I searched for a rental house. In today’s post, I’ll spill the details of how I put the deal together.
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To say that the house is a “fixer upper” is too polite.
The house is –- well, […]
Category: Real Estate
Supersize My City Apartment: Buying a Triplex
Every major city I’ve visited — New York, San Francisco — has blown me away with one amazing aspect: its main park.
Whether I’m in Central Park in Manhattan, Golden Gate Park in San Francisco or Lumpini Park in Bangkok, I can’t help but notice a few common threads: these spaces are gorgeous, centrally located, […]
Why a Fixed-Rate Mortgage is the Best Choice
When you buy a home, you will learn that there are two kinds of mortgages: fixed-rate and adjustable-rate.
What’s the difference?
A fixed-rate mortgage gives you an interest rate that never changes. An adjustable-rate mortgage gives you a volatile interest rate: in times of slow economic growth and low inflation, the interest rate will be […]
The American Dream … or the American Nightmare?
The traditional American Dream is home ownership, but everyone who lived through 2008 – 2010 knows that home ownership, for many, became the American Nightmare.
What went wrong? (Aside from subprime mortgages and other things outside of our control):
1. Many people bought a home because it’s the “adult” thing to do … […]
Your House is a Lousy Investment
Here’s the truth about houses: Unless you’re a landlord, your house will probably be the lousiest investment you ever make.
The myth about home ownership is that it’s a great investment — a way to “build equity” rather than “throwing your money away on rent.”
Hogwash.
Here’s the truth: When you rent, you pay […]
