I hear a lot of talk about how it's different this time, and real estate prices won't be affected too much because everybody has so much "equity" in their homes. What people fail to understand is, why do they have so ...

A humorous tag line but a series topic.  (grab a soda, this will take moment)One of the things that I like most about BP is the ability to come here and talk at varying depths about something that I am extremely passi...

Hello, all. I tried to look through the forums for a related topic to this, but couldn't find one. With all the news of mass shootings, more and more people are buying weapons for their own protection. This isn't to s...

Well, Minneapolis and Saint Paul decided last night that 99% of Nobel winning economists just don’t know economics as well as they do and decided to adopt rent control and save the cities. A 3% maximum rent increase e...

Property appraisal value: 265K

Borrower's down payment: 79K

You 1st trust deed: 132K

Seller: 2nd trust deed: 70K

Two year balloon

In addition to the high combined loan to value, what e...

Ok. We are in deflation now, and we don't know how long it is going to last.

Because of our government, we know that eventually interest rates, taxes, and inflation are going to go up, up, up. The most important pri...

Hey guys I have a question. I am probably different than a lot of you in the fact that I deal in mainly land instead of houses. I do really well in this business and deal in the market of hunting and recreation lan...

We had the sidewalk and driveway redone on the tenant side of our duplex. Yesterday the concrete was poured. This afternoon I noticed that a smile, a pentagram and a third illegible mark had been inscribed in the now ...

How many people do you know that just make you shake your head at their financial predicament?   I mean, hey, I came late in life to financial sanity and the decision to invest and retire early, and made lots of stupi...