The Budget Room

Most people have two popular notions about foreclosed homes: they are being sold at bargain prices and that they are only located in crime-ridden areas. The former is not entirely true while the latter is definitely inaccurate. Read the rest of this entry »

If you want to get out of credit card debt, it takes action on your part. So whether or not you are being swallowed by the sink hole of credit card debt or you are just starting out to dig yourself into credit card debt - you have to take action before it's too late in order to be come debt free. Read the rest of this entry »

A shelter from the elements is one of the most important necessities that we need for everyday living. Unfortunately not all of us have the luxury of buying a HUGE mansion. Mortgage is one of the bills that we have to pay. But we often forget them amidst the stack of credit card bills that come in the mail. Home foreclosure is one of the most common problems. Most of us have to pay our debts to live. Read the rest of this entry »

Home foreclosure is a not the best situation to be in. Once the notices start coming and the phone starts ringing you can't really keep hiding. Your going to hear from lots of people who claim that they can help you. These calls are from organizations and companies that have their own motives and goals. Beware, in desperate times even a good sales pitch may sound like a miracle. Read the rest of this entry »

When looking for a place to call home, it is always best to buy the property you like than to look for a great foreclosure deal. But, it is even better if you can find a good mix of both. Read the rest of this entry »

Have you heard these "bits of advice"????This is not a good time to look at property investment? Now is not a good time to invest in the stock market? Now is not a good time to buy oil futures? We have heard this from every "GURU" on the nightly news. The fact that this is a common belief does not make it true. Now is the time to go against the flow of popular opinion and buy an investment. The risk must, however, be a reasoned one and never spend the rent money on risky things. Read the rest of this entry »

They say that one man's trash is another man's treasure. Although home foreclosure can be considered a tragedy it can also be a blessing for others. Gas prices are not the only ones that continue to rise. Residential properties are also expensive. Their prices also vary from one place to another. Due to this other people take advantage of foreclosure auctions. Read the rest of this entry »

How come anytime you walk in to a book store and find your way to the business or financial books all the views that are expressed in the titles are very similar??? In one way or another they all call out for a monetary version of bloodshed. I mean think about the titles: "How you can crush the other guy"or "it's not personal its business", "How to come out on top" etc etc. When I got into the real estate investment game I spent hours trying to find the one book that would teach me how to become that REAL ESTATE INVESTING GOD I knew I could become. After reading most of the popular books at the time I actually would feel beat up over the content. I mean did I have to be a "take no prisoners" type of investor? Did I have to prey on some one else's misfortune?? The answer was no. So I set out to build a list of my own investment rules. I think we each should have our own set of investment rules. Doc's Rules for investing: Read the rest of this entry »