Former millionaire B.J. Nolan is useless with money, having lost most of his fortune on crazy schemes. His son, Kenneth, has the opposite problem thanks to good sense and a large inheritance bequeathed by his mother. In order to raise the cash for a housing project, B.J. enlists the help of young architect Virginia Travis to con the money out of Kenneth. At the same time Kenneth is being pursued by a pair of small-time hucksters and chaos results when they all end up in staying in B.J.'s house.