All Forum Posts by: Connie Brzowski

First off, I'm probably not the best person to answer this but I can do simple, so here's a try:

Back in the day, before calculators (oh boy! Dating myself here :wink: ), you could buy a little red book with tables full of numbers. My real estate agent had one so I went to the local office supply. For years, I'd flip open that book, put one finger on the principle amount and another on the interest rate and find the payment for P&I.

The quickest way *now* is to buy a cheapy business calculator and learn to plug in the numbers. It takes about 5 minutes to learn and, once you run a few, you won't forget. I take mine everywhere.

Also, there are tons of calculators on the internet. Here's one:

http://www.bankrate.com/brm/calculators/mortgages.asp

Well, that just about says it all 8) I'm sure you probably don't mean it that way, but it just sounds like you're ticked (or bitter?)

My parents were very poor. They had no way to help any of us monetarily and we all turned out okay. But that's because of an inheritance that had nothing to do with money. What they gave was something much more important-- love, support, and an example of strength and self-sufficiency.

My kids will receive an inheritance because they are *my kids.* Mine. My flesh and blood. It's my responsibility to make sure they learn sound financial principles and responsibility, but even if one turns out to be a bad apple, they will still get the same as everyone else because inheritance is based on relationship, not whether or not someone 'deserves it.'

And what kind of inheritance does a child receive when Dad 'could've' helped out but didn't because 'he said I didn't deserve it?'

As parents, we will give our kids an inheritance whether we mean to or not.

Love the pictures. This is making my fingers itchy--we're between houses right now... 8)

Sometimes you just *have* to wonder what folks were thinking when you see the floorplans on some of these ratty houses. One we were just looking at has the only bathroom in the master, the utility room also off the master, and you have to walk through bedroom #2 to even *get* to the master. Ugh :roll:

But I think 'water heater off the living room' has that one beat :mrgreen:

Looking good~

I'm afraid I don't get it either and probably never will. Someone tried to explain things one time and this is all I remember:

"... blah, blah, blah, Proposition ?? which lowered property taxes in California back in 19?? and caused a surge in prices because folks with lower taxes could afford more expensive homes, blah, blah, etc..."

Anyone know if I'm remembering that correctly? :goofy:

That's what I was kind of thinking-- maybe rent a couple of dumpsters and scrap out the metal parts :idea:

No occupancy codes in this area and 7 ft. ceilings crop up in the older places more than you'd think. (Makes me feel claustrophobic just thinking about it :badwords: )

I'm betting the septic system is going to cost a bundle with all the new regulations around here...

All Cash--

You are my hero... I (virtually) bow down and kiss your piggies :worship:

A neighbor offered to give us a 2 bedroom house ("You move it, you can have it :wink: ). It's structurally sound and we have experience with rehabs, so that part is fine. However, this whole moving-the-house business is bringing up a bunch of new issues.

a) We've found a lot close by that has a junker single-wide and a blown septic system. Anyone have experience getting rid of old trailers? Any idea what's involved and how much this would cost?

b) The living room has 7 ft. ceilings--as far as I can tell, there's no way to raise them as the roof's too low. I think it might have been an old porch at one time. Would this be a deal-breaker for you?

TIA 8)

I'm working my way through my copy now and, I have to say, Richard did an excellent job 8) *Tons* of practical information, well organized, and well written.

Wish this had been around when we started~

Way to go Rich! :beer:

A-ha~ That makes sense with what this guy was saying.

I'll do some googling this evening just to satisfy the curiosity :mrgreen:

Thanks~!

Has anyone heard about investing in the Go Zone? Someone just called the office phone with some spiel about 50% depreciation in the first year and putting tenants in place to lease/purchase who will cash out in 3 years (I think).

Sorry-- I don't even understand this well enough to post a good question :oops:

Anyone know what I'm talking about?