I will answer with the worst scenario I can think of, without putting too much time into this:You get shot to death while trying to evict a deadbeat tenant whose methlab exploded resulting in an injury claim against you personally, all happening right after you discover lapsed insurance on your over-encumbered rental house with a balloon payment due next week.I guess there are worse thing that might happen, too.

Because if I use $43K to pay down the loan, at 2.4% this property will make some decent profit I'm thinking.Keep in mind Bob was very fortunate to buy in the SF bay area prior to the values exploding..

Downtown (79-80th & Metcalf / Santa Fe) is really exploding with growth and development right now.

I have owned residential here for over 15 year and have seen the value of those assets explode.

@NA BenderKansas City has been exploding over the last few years.

Most of them in my market are already exploding and won't be dependent on their larger neighbors for much longer.

this is a first for me and i am not sure what to do.we give immaculate houses to the first time tenants (first after rehab). just months after a couple with 4 kids moved in, the house is messy. it's like a bomb exploded. clothes, couches, bottles, cleaning supplies, toys, bags, you name it..... is EVERYWHERE.the outside is not bad, just some toys. but the inside is horrid.i do not have a provision in the lease for them to keep the inside clean. i can't think of a way to enforce it and how stupid would it be to "go check how clean a rental is"... to me it is a silly idea.but anyway.... i can't make them "care" for the house, i can't make them clean it. i just dont want them to trash it beyond just a wear and tear. honestly, i am hoping the layer of junk and clothes would be protecting the hardwood and the tiles, lolany ideas on what to do?

Over the past 5 years I have seen industry & population growth in Columbus explode, and effectively it has raised our housing prices.I started investing in Columbus OH about 3 years ago, with an FHA loan.

Biggest thing I remember is Hoboken started to overflow with college students who couldn’t afford NYC rents...and now it’s almost like a post college town next to NYC lined with bars and began the push of people fleeing NYC rental prices for the savings they can find in NJ while still having an easy commute.Another thing in the NYC metro area to look for is if a given train line that does NOT have a NY direct line the property values will explode

I avoided two properties with exploded minivans and/or RVs in plain sight along with 55G drums, both in Harnett County.