As somebody obsessed with saving money and reaching financial freedom, there’s two exercises I regularly partake in. Calculating how much money it’s costing me to live in Minnesota each year Considering the most efficient places I could live once I’m financially independent Exercise #1 is the much less enjoyable one, and I’m not even sure […]
Real Estate
The Golden Rule of Home Buying (Rent vs. Buy Finally Settled)
If home ownership were a cult, I think half of America’s homeowners would already be gone from kool-aid poisoning. Call it the American dream. Call it an internal desire for nesting. Whatever you call it, people attack the home ownership problem with a fire and fury that would make our president proud. And yet, from […]
Get Rich, Then Move. Why high cost of living is a dumb excuse.
“The Peak” is a secluded neighborhood overlooking Hong Kong, the world’s least affordable city. As the most expensive neighborhood in the world’s most expensive city, The Peak boasts some truly mind blowing real estate prices. Apartments in the exclusive zip code start at $5-13 million. Start! From there, prices just keep rising. Back in 2015, […]
Save 20% On Your Home Purchase by Selling Your Realtor
You may remember that I sort of bought a house recently. You might also remember that I only paid $180,000 for a house originally listed for $225,000. How’d I score a house for 20% off? It’s simple. I didn’t trust my agent. Beware. It’s home buying season. Oh yes, it’s that time of year again… […]
Home Equity: The Most Misunderstood Term in Personal Finance
Since I started this blog, I’ve written 115 posts and nearly 150,0000 words. That’s nearly two Harry Potter Books. And I don’t think I’ve ever published anything more controversial than this table: How to Lose Money On Your House (Even After it Doubles in Value) A little bit of background: About a year and a […]
