No way. I just rented two of my properties faster than I've ever been able to for the last 3 years. When rates went down, prices on houses went...
He might be OK if he can afford to rent them for less than the market rent. Sure he paid too much, and it might take him many, many years to get...
Amen to that! Lots and lots of homework, so you don't see the light of day. Getting my MBA was a breeze compared to my civil engineering...
:) I'm not buying gold. I'm maintaining my position on small rental, but upscale rental unit because I'm anticipating increasing rents while my...
I believe that if you can still rent a place out for less than the payment, and the payment isn't based on a variable note, then you'll be fine if...
Hey for less than $100 a day, I'll take that every day.
Geez, if you look at what $1,000,000 will buy, it seems to me that the house in San Francisco is a much better deal because it has a garage and...
I'm very bullish on real estate for the long term, but the market really reminds me of the coin market when they first started slabbing coins back...
Just saying what *I* would do. Hey, you could always sell some and keep some. Hate mistiming a peak, but I really hate missing out on easy money.
I've been compiling an average from the classified section of the newspapers here in Tallahassee, FL for quite a while. If you don't know,...
Assuming you're talking about a planned unit development (PUD) IMHO, lot prices are up because the PUDs are not being approved fast enough to keep...
Amen to that. Just bought a Tahoe because we needed something to haul the family and tow a travel trailer. Still gets 19 mpg highway, and about...
Its when they change their mind and become bullish that the end will be near. :)
Agreed. Wachovia loaned me money using the equity in a rental property at 90% LTV to put down payments on more properties. I personally would...
They are the knuckleheads I'm talking about. Now please realize, I'm not talking about the people who own houses in California who paid...
Some people buying homes on ARMS and interest only notes will get burned. Sure they will. They are using a finance method that will cause their...
You've got a point there, and its been hard to be a landlord right now. There are too many amateur real estate investors hopped up on "Rich Dad,...
Hey, on a personal note, the wife and I went looking at neighborhoods in my neck of the woods, and found 1/2 acre lots in a golf course community...
70 years ago, people seldom borrowed money for anything other than houses. It was shameful to be in debt. Today, you have kids in college using...
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