Recent content by Buku

Question for the board. Does the dollar's drop in value relative to other currencies have an impact on inflation? Were heavy importers... A small discussion or primer is appreciated if you have time to share knowlege.

Foreclosed Properties: Buying Foreclosed Home, Properties & Foreclosed Home Listing For Sale Board: I was considering attending one of these auctions. I have seen several of their signs around my area. Has anyone had experience with this organization? no idea if it is a good deal or a...

I recently bought another rental property in Northern VA. I chose Wachovia as the lender due to their attractive rates. As part of underwiriting, I was expecting to be asked for my leases and I was. The next question was unexpected, they asked me to provide bank statements showing...

Lets say for the sake of discussion that Im renting a Townhome for 1000 a month, and my mortgage is 1000 dollars a month. Really simplified but cash flow is even. If inflation is 3% a year and rents follow...what will my Rent be in 5-10 years? mortgage will remain constant. So, inflationary...

I disagree. Knowing exactly what the inflation rate is, has serious implications to my FIRE plan. I am buying real Estate. I expect to begin cash flowing within a couple years. An expected 3% per year gain via inflation against a 30 year fixed mortgage is one of my underlying assumptions. 4%...

Im not sure of the definitions...but can you really be FI if you cant RE immediately? And If you are FI and you choose to continue work, thats a personal preference isnt it? Instead of taking up fishing, you keep making widgets.

Yes. Teachers have a powerful union. High on compensation, low on accountability...you know..for the children.

Is anyone surprised that these two gravitated to the teaching profession? nice not to have accountability and a powerful union that keeps the status quo...you know for the children.

After seeing what passes for scholarship these days.... When did academia lose their collective minds?

I tried wells fargo. The problem with them is I only want 20k which is below some kind of minimum step in the loan amount. To get the loan id have to sign up for a pretty high interest rate and early repayment fees. ...no reason not to use credit cards. yes LTV is the problem with my HE...

great point... I said that to them directly. I said "you will give me a loan with a signature but you wont let me put up my house as collateral" and .... "Have you lost your minds" It was after this conversation that the manager called me and I directly proceeded to vent on them.. Im...

I called USAA and was astounded, i even got a call back from some muckety muck....they have draconian standards they have to adhere to apparently...no leeway.

I approached USAA about a $20k home equity loan to complete the finishing of my basement. Instead of financing on my creditcards, ill do a tax deductable HE loan. I have been doing one thing at a time (Like plumbing, or electrical) then saving a little and doing some more etc. Decided to juts...

What would you guys do if your renter with a bounced check just happened to work for the clerk of the courts for the county where your rental home was located.

Board: On a different thread I asked for a recommendation as to what to do with a renter behind on the rent. Along those responses, what do you guys do with a bounced rent check? I see a lot of recommendations regarding cash only...but you do have some options with a bounced check as well...