LivingAlmostLarge - trying to live large  ...one step at a time

Pushed into landlording

September 22nd, 2009 · 9 Comments · Real Estate

Right now with the economy the way it is, the housing market the way it is, and jobs scare, it seems like more and more people are becoming landlords; and not by choice.  But is it the right choice?
I’ve got more than a couple of friends having kids and suddenly needing to move out of [...]

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Rant Alert – Stop walking away

August 14th, 2009 · 22 Comments · Rant, Real Estate

Okay I’ve discussed that we need to stop blaming subprime mortgages.  That we need to stop pointing a finger at all the “irresponsible” people and stop BLAMING banks for giving them loans.  Well I’m going to share what I really think and what the hell is pissing me off.
People who walk away.  People who qualified [...]

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Why I think RE is a bad investment

August 4th, 2009 · 6 Comments · Real Estate

So Meg from World of Wealth last week wrote about RE being a great investment.  Personally I don’t think so.  And there are many reasons why I feel the way I do.
Let’s start with fact 1, your primary residence is not an investment. You need a place to live, thus it’s not about generating you [...]

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Releasing attachment to investments

August 2nd, 2009 · 3 Comments · Investing, Real Estate

My mom was talking about how hard it is to part with homes.  She is worried about the housing market, and yet is still looking at buying a 4th home with a mortgage.  A friend of mine is attached to their home because they lost money on it probably.  Thus they were talking about trying [...]

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Real Estate costs

January 21st, 2009 · 5 Comments · Real Estate

I guess I’m in a trend where I’m talking about real estate, this week I’m going to discuss costs.  There are a lot of costs that crop up when you are buying and selling a home.  Unexpected costs.
When you are buying a home, you know pretty much what you are going to pay in closing [...]

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Frugal Condo Tip

July 6th, 2008 · 9 Comments · Home maintenance, Mortgage, Real Estate

So on the 4th of July we were hanging out with friends who own a condo in the city.  They have a 2 bd/1ba condo about 700 sq ft.  This place has a premium location, and was EXPENSIVE.  They are 33 and this was their first real estate purchase.  Thus they only considered the location [...]

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