Dave Says

Dear Dave, My wife and I are both retired. We’re on Social Security and Medicare, plus I receive a small pension. We still have a mortgage of about $24,000 and a second mortgage of $14,000. We’ve got a nest egg of $40,000 saved up, along with a small annuity that’s worth about $20,000. Should we use our savings to pay off the mortgages? — Bob More

Want to invest in apartments? Do it right here

During the National Multi Housing Council’s annual apartment recent convention, an industry researcher ranked Nashville fourth in the country for best places to investment in apartments. More

In development sometimes you roll snake eyes

The flagellation of Nashville’s urban market for condominiums has become a sport over the past few months. More

Executive Appointments

U.S. Bank announces Tompkins as new staffer More Fritz appointed to nurse executives committee post Goodall Homes appoints online home consultant

Fed cuts interest rate again

The Federal Reserve lowered its benchmark interest rate by half a point to 3 percent, the second cut in nine days, and indicated its willingness to do so again to prevent a U.S. recession. More

Dave Says

Dear Dave, I’ve got the opportunity to take over my father’s small engine shop. He’s semi-retired and doesn’t make a lot with it, but he’s got about $10,000 to $20,000 in inventory already stocked. He might even just turn it over to me, but I’d have to expand it to really make a living. How can I do this and avoid going into debt? More

U.S. new-home sales drop to 12-year low

Purchases of new homes in the U.S. unexpectedly fell to a 12-year low in December, ending the worst sales year since records began in 1963 and signaling little prospect for a recovery. More

The Chatter Class: With three strikes, Gordon is out

The writing on the wall can’t get any clearer for the Nashville Sounds. More

Developers buy Mandrell's Fontanel Mansion

Country singer Barbara Mandrell’s former Whites Creek mansion has new owners as a new CMT reality series Gone Country premieres this evening from the residence. More

Davis, Frist say hello to Cressey & Co.

One of Nashville’s largest law firms is losing a leader but local health care entrepreneurs are getting a beefier source for private equity. More
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