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August 6, 2011Interest Charged on Principal for Entire Month when Prepaying Mortgage?"If you prepay your [FHA] loan on other than the regular installment date, you may be assessed interest charges until the end of that month" This was on a document I had to sign as part of the application package... August 8, 2011July 2011 Net Worth Update (-$5,162) Assets Jun-11 Jul-11 Change % Cash & Savings $ 52,372.85 $ 47,851.18 $ (4,521.67) -8.63% Taxable Brokerage Accts $ 168,937.06 $ 163,383.13 $ (5,553.93) -3.29% Roth IRAs $ 78,182.70 $ 79,978.05 $ 1,795.35 2.30% Pre-tax Retirement Accts $ 280,705.84... August 15, 2011Thoughts On Buying Another Property In This EnvironmentWe recently put a contract on a property to serve as an expansion to our rental properties. We weren't looking to expand, but an opportunity popped up that was compelling enough for us to make an offer. As we have... August 24, 2011Discovered an Underground Oil Tank During Home InspectionFor the rental property we had under contract, we opted to go ahead and hire our own home inspector despite the property seller making available a home inspection report written by their own home inspector. It turns out it was... August 27, 2011Cash Flow Positive Rental Within 72 HoursThe nervousness of purchasing another piece of real estate in this climate quickly subsided after we closed on the property purchase on a Wednesday and then had a lease signed and started by Saturday. Closing was pretty routine as this... August 28, 2011Hurricane Irene Dampens our Outer Banks VacationAs luck would have it my parents rented a beach house on the Outer Banks this past week for our entire family. It was our first whole family vacation in at least 10 years. It was good to have the... August 31, 2011Pieces of our Financial Freedom Plan Falling Into PlaceOne thing I have been pretty vague so far is how we are going to fund our financial freedom. Just because we have a goal to reach a net worth of $2million doesn't automatically mean we will be anywhere close... | About 2millionblog.comA personal finance weblog of my journey to reach my goal of $2 million + the value of my primary residence.
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