All Forum Posts by: Chris Holden

I help manage a couple of Rental Homes.  Due to the location, there is typically high turn over of lower income tenants who all seem to be very rough on the house.  The latest tenants stopped paying rent which was followed by a 3 month eviction process.  Once the landlords got into the house it looked as if the carpets were used for oil changes.  Since this is becoming a trend for these homes, I have suggested the cheaper composite wood flooring as it is much easier to clean.  The landlords fear that it will lead to warping and replacement will need to be just as frequent.  Wanted to put this out there and see what the general consensus is.  Carpet or composite flooring? 

Selling 401k early is never a good idea. Smart investing always includes diversifying (Stocks, bonds, and Real Estate), and with compounding interest that 25,000 will most likely enter the 6 digit territory when you're ready to retire. Roll your old employers 401k into a low fund IRA (i.e. Vanguard).