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30 June 2024 | 54 replies
lol we are talking the same, lets say we do some input statistic analysis ( i did it before ), so in 2009 the mortgage debt with typical husband and wife working is like 29% ; now that number is going as much as 44% in some cities. also our home price is created using auction systems, if there'e 100 houses in one zip code, the pricing discovery in created by the last 3-5 home purchasers, which indicate 95% of other folks does not necessarily able to purchase home or do mortgage with current rate.Which cause a problem, one household either need to maintain job that can continously paying the mortgage and/or the loyalty of husband and wife is a MUST LOL Having said that, to maintain 1.5 mil homes in bay area for example, husband and wife should not divorce for 30 years at least.But for 150k house in Ohio, the husband can divorce their wife anytime while maintain the mortgage payment LOLHaving said that, getting divorce is very suicidal for financial.but also creating different effect, for single guy, there's almost no way they can purchase home, unless they're cardiologist or any other high income earner LOL (this example is just for fun).In our area the home supply is coming from two sources mainly: people going retirement and want to cash out or separation in relationship LOLGetting separation is very expensive especially if you born in 1970/1980/1990s, I would even argue the moment you are married-->single thus you become the renter class again LOL
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24 June 2024 | 14 replies
I´ll be travelling again in a couple of months.
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26 June 2024 | 19 replies
Thanks for your input!
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26 June 2024 | 8 replies
Thankyou everyone for your inputs. does having a family trust and putting properties in trust’s name rather than individual name also helps on liability reduction similar to LLC?
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25 June 2024 | 3 replies
Hello Michael, Thank you for your input and that makes perfect sense.
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24 June 2024 | 5 replies
I would appreciate any opinions and input!
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27 June 2024 | 28 replies
I am trying to make a decision this week and want real input!
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25 June 2024 | 4 replies
Also, consider reaching out to local property management companies for their input on rental demand and market conditions.Comparative Market Analysis (CMA): Your agent’s assertion about good rental comps should be backed by a Comparative Market Analysis.