It helps trim away the fat in a big way.We went from wanting “financial freedom” to wanting $40,000 per year, or even better, $3,333 per month.

Originally posted by @Gene Dru:have a realtor do a good CMA for you so you can get the real value. forget Zillow. you should be able to do a cashout refi after 12 months from new appraised value.Thanks.

When was it installed and fat material used as an outside shell? 

We are in the process of trimming the fat and I would love to hear from some experienced agents that have had great success with capturing quality buyer/seller leads through spending Marketing $ to websites.   

On my market what's driving the prices and fats DOM is high demand and no inventory.

You should be positioning yourself to require almost no income to live once you're retired, your house is paid off, you're not investing into those multiple accounts, you have a fat HSA to cover medical expenses.

Originally posted by @Gene Vollucci:There has been no previous occasion for this kind of downturn of economic activity.

Ds want to send cities/states fat checks.It'll get worse as the liabilities on pub employee retirement funds gets deeper.At least in OR, politicians do NOT want to p*** off public employee unions.  

I would get your geneds out of the way then interview some successful CCIM members and follow their guidance.Happy hunting!

Generally for rental properties, owners have had to make updates and repairs over the years so they’re not in too bad a shape.The only regular exception to that I see a lot is knob & tube wiring still in the walls, basement and attic, and often still active (though owners will always say it’s not).Banks and insurance companies really don’t like knob and tube so you can either try to get the owner to remove it (fat chance in this market) or buy with private/hard money, remove the knob and tube, and then refinance to a regular bank loan.Sometimes people get away with lying to their insurance company and hoping the bank appraiser doesn’t notice it (they often don’t, since they do a fairly cursory inspection) and then removing it first thing after closing.