@Vernon HenryIs your pension fixed throughout your life?

why dId I complicate my lIfe by gettIng Into thIs busIness” “ who needs this aggrevation ?”

I'm looking at plopping my life savings into my first house.

Let’s face it, conditions are unlikely to get better than where we are today and underwriting needs to acknowledge that and build in adverse cycles.  

You'll qualify for more mortgages if you only have one spouse's name on title and mortgage.Once you have multiple properties it also makes life easier when one spouse applies for another mortgage... you only have to supply documents for the one spouse and their properties.

Thats just not my philosophy in life. 

Hello everyone,I know for determining ARVs it depends on a variety of factors (area, neighborhood, condition, comps, etc) but from what you've noticed in your own personal deals and the final appraisal what are some things within your control generally to increase ARVs?

paying recapture is the most NON talked about event on BP or in real estate.. and why when folks talk about buying for only cash flow and appreciation IE speculation or gambling those folks totally miss the point and do not have a full picture of the Lifecyle of a real estate investment.. if you have NO appreciation your recapture tax is going to eat into your IRR in a negative manner.and for a lot of folks to 1031 one little house with 20k coming out of it is hard to do.. since the house never went up.. the other thing is people that say they are buy and hold forever.. this rarely happens.. life happens life changes.. and so 7 to 10 years down the track MOST folks unless they have decided to make it their lifes work IE be a full time professional landlord.. they sell .and then that pesky recapture they never knew about or thought about bites them .. :) 

I have been studying your blog post on grading the neighborhoods like my life depended on it! 

Not sure of the condition yet, but I'll want to sell it quick.