If there are no new jobs, it must still be a population influx and someone has to pay it.Section-8 (The American Taxpayer) has deep enough pockets to absorb rent increases.Maybe a lot of Section-8 people have either moved there from elsewhere (such as gunshot Chicago, which has to be scary living there), or a lot of Cradle to Grave welfare recipients are turning 18, or the Prisons are being emptied early due to some kind of political push.Increase in demand causes higher rents. 10 applicants for every unit, vs 1 applicant every 6 months--where would you feel more comfortable about raising your rents.

Purchase price: $125,000 Cash invested: $2,000 Bought it to live in back in 2006, when I should not have, like other Americans... but never walked away from it.

There is a difference between losing 1% EMD and losing 25-50% EMD, which would be a large chunk of someones net worth (most Americans would not be able to come up with this amount)The economics of this tell me more people would begin renting. 

Hi @Kim SmithMy clients use American IRA.

Profit per unit must be incredibly small.Disagreement is the foundational tenant of American Freedom, so is respect and this response is, even if 100% correct on every data point, the single most disrespectful response I have ever read, bar none.

We have monthly meetings on the second Monday evening of the month at German American Society and breakfast at 7 am on the Saturday following at Farm House Cafe.

The book makes the reader aware of options other than the typical American Dream pathway we all know so well.

No wonder American cities remain far less livable than our European counterparts...Regarding the economics, a 9 year ROI is tremendous in a market with a 3% cap rate.

Hi fellow BP'sHas anyone used or know of any feed back from other whether good or bad about Global Mortgage Group and their US subsidiary American Mortgages?

Loans are not a taxable eventThis is my favorite mechanic in the American tax codeIf you create equity in an asset (real estate or stocks) and then sell it you pay taxes, if you take a loan out you get the proceeds but pay no taxes (and in the case of real estate get tax benefits) and if your asset continues to appreciate you can take loan proceeds out over and over again.