article thumbnail

5 Economic Assumptions We (still) Make That Won’t Always Be True

Prairie Eco-Thrifter

Money And Currency Will Always Be Able To Flow Freely Worldwide. Hmmmm, in 2008 one of the biggest fears was that credit markets would dry up causing massive restrictions in banks lending to one another and therefore massive refusals to lend money to us. Real Estate Will Always Have Value.

article thumbnail

How is Your Vacation Rental Doing?

Prairie Eco-Thrifter

It seemed reasonable to devote a greater portion to real estate, in order to further diversify our portfolio. We planned our purchase in the heady days just prior to the recession of 2008/2009. We have done a Money Camp each week during high season when they are off school. Generate an income stream.

Vacation 124
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

HELOC Vs Home Equity Loan: How Do They Work?

Savings Corner

Home equity lines of credit (HELOCs) and home equity loans are two similar finance tools — methods of borrowing money against the ownership stake you have in your home. Loans often don’t charge origination fees , which’ll save you money at closing. You’ll get all of the loan proceeds at closing and can spend them however you see fit.

Home 52
article thumbnail

Frugal housing.

Finally Frugal

I was questioning whether, with the sad state of the real estate market, throwing money at my second mortgage was really the intelligent thing to do, since I don't know whether I'll ever get that money back (I'm thinking not). I got some really good (and thought provoking) comments on that blog post.

Frugal 45
article thumbnail

7 Steps To Homelessness And What To Do If You Get There

Prairie Eco-Thrifter

She ignored checks and had money escheated back to the state. Borrow Money You Can’t Pay Back. Borrow Money You Can’t Pay Back. She borrowed money to satisfy the city when they cited her for repairs that needed to be done on the house. In fact, she did pretty good making it last that long.

article thumbnail

Four Promising Solar Stocks For The New Year

Prairie Eco-Thrifter

Despite the enduring post-2008 market quagmire, the latter half of 2012 was an especially strong year for the market. SolarCity’s standing focus is on providing solar infrastructure to a broad range of property- including both commercial and residential real estate.