Jim K.
What's it going to take for the next real estate crash to happen?
11 April 2022 | 85 replies
If I could pick a pocket of monkey business that could cause trouble is this truly unethical but perfectly legal practice of pricing things ludicrously high, knowing they won't appraise, but counting on buyers' "gotta have it" eBay mentality convincing them to pay more than appraisal.
Michael Plaks
EXPLAINED: IRS audit "insurance" - no more fear of an audit?
4 November 2023 | 2 replies
You can connect the dots.On top of financial motivation, we have all the usual human factors: overload, exhaustion, physical ailments, mental health.
Stephanie Ro
What Are Some Reasons a Property is on the MLS for over 30 days?
28 September 2021 | 27 replies
If you have ever heard of the Dunning-Kruger effect, the idea that some mentally-incompetent people are so mentally incompetent that they develop a cognitive bias that no one could possibly be much, much better than them at something, well, the research that led to the discovery of this psychological phenomenon started right there in Swissvale.In 1995, a guy in Swissvale named McArthur Wheeler mused to himself that if lemon juice could be used as invisible ink, well maybe it could make a person invisible to cameras!
Account Closed
Why I left Seattle - Rent Moratorium Extended - Jan 2022 & Beyond
24 September 2021 | 16 replies
I don't own any commercial property but I was shocked to find this Extreme Socialism leaning mentality in our state of WA.
Andrew Merritt
1031 with land owned outright
25 September 2021 | 11 replies
But you still get the ROI boosting effect on the other.
Gp G.
depreciation taxes mortgage interest lowering tax return
23 February 2021 | 3 replies
If you want to boost your DTI you might want to revisit some of the repairs and see if they were actually capital expenditures which will then depreciate over time and be kinder to DTI.
Kyle Curtin
The importance of reserves when househacking!
10 February 2022 | 4 replies
My mentality was that these tanks were there for easily 30+ years and old but still standing strong, and what is another 3 months until I can convert them?
Melanie Stephens
Biggest Mistakes/Lessons Learned: Short-Term Rentals
8 December 2021 | 123 replies
We changed our mentality from "woe is us" to "how do we improve this property and reduce our stress level?
Todd Garrison
Rich Dad "Advanced Training" seminars?
26 February 2018 | 202 replies
Last fall I attended a three day seminar put on by Rich Dad Education, but because of the steep price (and some mental red flags that went up during the seminar), I declined to sign up for any of them.The first warnings started sounding as things got underway the first day when we were forbidden to network with anyone during or outside of the classroom, we weren't to challenge any of the ideas of the instructor, nor were we to conduct "research" on our own by using the Internet.
CHRIS MITCHELL
Excited about first flip until now..HELP!
24 June 2016 | 59 replies
So investor thinks with a CA mentality buys and thinks they got this smoking deal when in fact they have paid at market or probably higher than market..