Quote from @Jay Hurst: Quote from @Jay Hurst: Quote from @Randall Alan: @Gregory SchwartzThen there is this on privatizing Fannie & Freddie:"Trump may renew a housing fight that could rattle mortgage rates":https://www.cnn.com/2024/12/02/economy/fannie-mae-freddie-ma...The gist of the article is that without the government backstopping mortgages, rates could realistically go up!  

I am not saying they are not important considerations but there should be more to your analysis.You also rattled off two NW Philadelphia neighborhoods in East Falls and Mount Airy.

A quick non-political note on two topics I can’t seem to avoid: mass-deportation and tariffs.I am not concerned about the saber-rattling from the TV talking heads about “mass deportation” and “tariffs.”

It looked like in 2022/2023 they were going to suck liquidity back out of the market, but this year we are up again.I am not sure if we are going to actually see the announced tariffs or if that is just saber rattling.

They may fall further as a consequence of all the trade war sabre rattling. 

A cycle is something that is driven by a mechanism and has a repeating cause and effect that brings you back to where you started on a predictable pattern.2008 was a unique set of circumstances and I hope everyone can rattle them off by now. 1929 was also unique but VERY different than 2008. 

I could rattle off 10 off top my head but know there are more.

They consider it fraud and will take action against those who dare to rattle their cage.That being said, IF they approve the tenant and rent you are asking, and the total rent falls within their guidelines and tenant income qualifications, disclosed on the lease you are good to go.BTW, in year #2 of the lease, you can ask for a rent increase, and don't be shy about a raise--at that point, all they can say is "no".

People ask me all the time what I did at the beginning to be so successful and while I rattle off the usual stuff (reinvested all my money back into the business, delayed gratification, etc), it's really occurred to me again that before I bought a single house I thought about who I wanted to have as tenants, and tailored my purchases to that demographic.

Wow Saber rattling letters to their LP's that will quiet some but other I bet it will have the opposite effect on .The internet/SM cuts both ways great tool for expanding ones business or it can tear it down.