Calculator Problem – 10/08/2012
A $2000 bill can be paid today with a 5% discount or with four monthly payments with no discount. What would be the return on your money if you paid … Read more
Calculator Problem – 09/24/2012
Assume you can make 8% on your money. If you make an offer on a property that is structured with $50,000 down and $25,000 paid in eight years and another … Read more
Calculator Problem – 09/10/2012
If a house rents for $800 a month and expenses are 40% of the gross rents, how big of a loan will the net rent support if thirty year loans … Read more
Calculator Problem – 08/27/2012
(See Calculator Problem – 07/16/2012, 07/30/2012, 08/13/2012). How much money would you save? (The answer will be posted with the new calculator problem in 2 weeks. Or if you can’t … Read more
Calculator Problem – 08/13/2012
(See Calculator Problem – 07/16/2012 & 07/30/2012). If the note holder agreed to reduce the interest payment to 5.25%, how many months of payments would you save? (The answer will … Read more
Calculator Problem – 07/30/2012
(See Calculator Problem – 07/16/2012). If you made 84 payments, what is the current balance? (The answer will be posted with the new calculator problem in 2 weeks. Or if … Read more
Long-term vs. short-term financial mistakes
An interesting point from a blog about the impacts of long-term vs. short-term financial mistakes. Something we need to learn from in our personal finances as well. Stockton Bankrupt; Unions … Read more
Calculator Problem – 07/16/2012
If you buy a property for $1.5MM and finance 75% at 7% over 20 years, what is the monthly payment? (The answer will be posted with the new calculator problem … Read more
Best cities to buy rentals
http://money.cnn.com/galleries/2012/real_estate/1206/gallery.best-rental-investing-markets.moneymag/3.html
Calculator Problem – 07/02/2012
You add an extended warranty that costs $2016 to a six year car loan at a zero percent interest rate. If you can make 10% on your money, what is … Read more