Home Ownership

This Is Why I Own a Home

July 26, 2017
Thumbnail image for This Is Why I Own a Home

[As part of our new weekly column by Mr. 1500 of 1500Days.com] ****** Recently, J. Money wrote an article on why he doesn’t like owning a home. A naughty dishwasher hose leaked and caused thousands of dollars of damage to the home he was renting. J. Money describes the chaos: Walked into the kitchen and saw air (water?) bubbles on the floor Walked into far corner of the basement […]

65 comments [Check out the full article]

This is why I don’t own a house…

June 14, 2017
Thumbnail image for This is why I don’t own a house…

Last week: Walked into the kitchen and saw air (water?) bubbles on the floor Walked into far corner of the basement and saw water dripping from the ceiling Looked closer and there was mold on the wooden beams – meaning it’s been dripping for a while Mold people come out to inspect and quote a price to our landlord Mold people start work on it […]

105 comments [Check out the full article]

My 15-Year Journey to Financial Independence

June 9, 2017
Thumbnail image for My 15-Year Journey to Financial Independence

[Hi guys! Got an awesome post for y’all today on hitting FIRE through real estate. It comes from my boy Chad Carson who’s currently chilling in Ecuador with his family living the good life as we’re all chained to our desks ;) Great guy, great insight, and great story. Hope it inspires you!] ******** When we started our real estate investing business in 2003, I […]

70 comments [Check out the full article]

We Bought a Hotel Room (and Now We Live In It!)

October 28, 2016
Thumbnail image for We Bought a Hotel Room (and Now We Live In It!)

[I am sooo excited to share this with y’all today!! I recently found out that Amnesty from Primal-Prosperity.com not only lives in a hotel, but also OWNS the room herself (!!), and has graciously agreed to share the details with us… Thank you, Amnesty! Finally a home I’d be willing to buy! ;)] Yup, you read that correctly – we own a hotel room. About six months […]

100 comments [Check out the full article]

Oh, The Judging!

October 21, 2016
Thumbnail image for Oh, The Judging!

My wife: “Honey – I got hit on today!!” Me: “Umm…. congrats?” Wife: “That never happens anymore! He was upset that I rented, but he was definitely hitting on me.” *** At this point I start paying attention more ;) *** Me: “How do you go from “hitting on me” to “renting?”” – I cautiously asked. Her: “Oh, I was at this expo hall during […]

96 comments [Check out the full article]

Even The Joneses Can’t Keep Up With The Joneses!

October 5, 2016
Thumbnail image for Even The Joneses Can’t Keep Up With The Joneses!

You know those Joneses we’re always comparing ourselves too? Well, not only were they apparently a real family, but their long desired mansion just crossed the auction lot – and in bankruptcy at that! It’s known as the Wyndclyffe Castle, and was built in 1853 for Manhattan socialite Elizabeth Schermerhorn Jones – a member of a wealthy family and aunt of American novelist Edith Wharton […]

53 comments [Check out the full article]

Take Advice From People Who Have What You Want!

August 19, 2016
Thumbnail image for Take Advice From People Who Have What You Want!

Happy Friday!! Getting into anything good this weekend? This is an extension to Wednesday’s post on kick-ass money ideas that I wanted to separate out just because it’s so chalk-full of great pointers. Especially if you’re interested in the real estate game – though it applies to ALL areas of life and business/career growth. You gotta surround yourself with people DOING the stuff you want […]

48 comments [Check out the full article]

9 Great Questions to Ask Yourself Before Buying a House

August 15, 2016
Thumbnail image for 9 Great Questions to Ask Yourself Before Buying a House

Business Insider recently came out with a flowchart on whether or not you’re financially ready to buy a house. And while I’ve never known anyone to make a decision off a diagram before, my older self could have greatly benefited from it :) Here are the 9 questions it forces you to think about, along with how I would have answered them myself back in […]

74 comments [Check out the full article]

We Won’t Be Homeless Next Month!

June 20, 2016
Thumbnail image for We Won’t Be Homeless Next Month!

After 3 weeks of research, 2 day trips of scouting around, and 1 thwarted scam* later, we finally have ourselves a new home :) And we move in in two weeks – ack! This is the 2nd biggest decision we’ve had to make recently, with the first one accepting a job offer my wife got after a year+ looking, and now with that out of […]

179 comments [Check out the full article]

There Are No Rules

May 11, 2016
text message

I got a text from a friend yesterday: I love this interaction because not only did it make me feel even better about not owning a place anymore (just keeping it real!), but it got my friend to think about it for a hot second too. I’m 99.9% sure that’s all it was – just an offhanded comment in the frustration of it all, but […]

83 comments [Check out the full article]

Net Worth Nightmare: $437,562.07 (-$51,405.74)

February 3, 2016
Thumbnail image for Net Worth Nightmare: $437,562.07 (-$51,405.74)

Well that’s a new milestone! $50,000 drop in one month – the biggest on the books since recording these 8 years ago. Egads! What will we ever do???! Answer: Keep doing what we’re doing and not get phased ;) It definitely sucks on paper and looks like a complete $hit show if this is the very first time you’re seeing me present one of these […]

82 comments [Check out the full article]

WE SOLD OUR HOUSE! NO MORE MORTGAGES!!

January 25, 2016
Thumbnail image for WE SOLD OUR HOUSE! NO MORE MORTGAGES!!

Well, they say it only takes one buyer to want your house, and one buyer did we get! WE SOLD OUR HOUSE, GUYS! I CAN’T BELIEVE IT!! Over a month on the market, over another month for the closing, and then BOOM: docs signed and the biggest financial mistake of our lives officially came to a close! 9 years from not knowing jack about money […]

199 comments [Check out the full article]

A Great Way to Think About Paying Off Debt!

November 27, 2015
Thumbnail image for A Great Way to Think About Paying Off Debt!

Sandy left this on our how to spend less and save more article last week, and thought it was a brilliant way to stay motivated paying off your debt. Specifically with mortgage debt. Check it out: I remember every time I wrote that check and put it in the mail, I would wait for it to post to my account and I would imagine that […]

41 comments [Check out the full article]

Should We Offload Our #1 Mistake??

September 28, 2015
Thumbnail image for Should We Offload Our #1 Mistake??

As many of you know, our #1 financial mistake was the purchase of our home back in 2007. Not only was it at the peak of the bubble, but we bought it with no money down, no budget, and the 2nd worse crime of all: on a complete whim. (We literally took a wrong turn on our way to check out an apartment to rent, […]

167 comments [Check out the full article]