Home equity is the difference between how much your house is worth and how much you still owe on your mortgage.

Thankfully I have no property in NY.I loved this quote which shows just how clueless people are about housing issues:“Housing instability is at the root of so many problems facing our city, such as exacerbating homelessness and hunger, failing to meet our children’s educational needs, and undermining public safety,” said the CWTU in a statement.

What books would you recommend for someone who’s just starting out?

If you haven't already join the Real Estate Rookie Facebook page.

You should be able to build this into your cleaning fee. 

Quote from @Shakthi Kamal: If you don't know the answer, choose the umbrella insurance.

Let's say there's 3 properties in a 1-mile radius with 5b/3b, but one is a foreclosure and the other 2 are regular conventional sales.If you're doing a comp for your subject (4th) property, do you have to take the foreclosure one into consideration?

That being said, the only thing that being a QREP does is allow you to take losses against active income.  

With that being said, what do you plan on doing different this year in your business?

What problems do you face as investors that still lack good solutions?