But don't let them know it.It amazes me how many of our members at MassRealEstate dot net have an Asset worth $300-500k Rent it for .5-1% of value and hardly pay attention to it, yet chase a tenth of a percent in CD rates;-)

If you aren’t saving the money up to buy another property chances are nothing will pay a higher rate than paying it towards your mortgage.

Taking the loss now is preferable to paying out monthly for the privilege of being a landlord.

Primary home is a little easier but for FHA and other programs it requires 12 months title seasoning.There is something called delayed financing that if you purchase a piece of land and pay for the home "All Cash" without a mortgage you can get up to 80% LTC.

Two things are certain, 1) taxes are lower today than they've ever been in the past 80 years. 2) they are certain to be higher in the future.We should all be focused on paying the lowest “lifetime tax bill” not the “lowest tax bill this year”.By paying 20% and settling up my long-term capital gains is not a bad deal.

So, perhaps hiring a couple day laborers to help them move or even paying the 1st months rent on a storage unit would be better.

We accepted a pre list offer of $236000.00 with us paying the closing and are scheduled to close mid March. 

What if you told the tenant you would pay them XYZ if you could sell the property before foreclosure?

Rents increased about 5% per year, and when you take 5% on $3,800, that's almost a $200 per month increase for the year!

I've been taking RMDs each year as required, and to think that now I am allowed to empty the remainder of the account and move it into my personal IRA without paying taxes on the distribution.....well, that seems to generouse to be true from the IRS....