Market Vertigo
by Cliff Draughn
"We give you a Republic; now see if you can keep it." -- Ben Franklin
As I have remarked in prior calendar-turning newsletters, it is this time of the year when most people pause ...
As the topic states, I received an angry call today off one of my yellow letters. The individual stated if they ever receive a yellow letter from them again they will seek legal action. I returned the call and was abl...
Yet more TSA harassment. This time the harass a woman who requested her breast milk to be screened through the alternative screening methods that the TSA itself advertises. Well they aren't gonna stand for that kind o...
I am just getting my feet wet in real estate and I am curious to know what is everyone thinking regarding purchasing multi family investment properties now during a pandemic? I’ve been reading and watching videos and ...
Hello All
I have a pretty good grasp on the BRRRR method and how it works (I think). The only thing I don't fully understand is the financing to purchase and rehab the property. I've called several banks and in gen...
So I owe two homes that I'm renting out, one tenant is paying just fine but the other tenant owes me two months of non-payment and are not paying since she's been unemployed. If she applies for unemployment, she'd be ...
A fellow contributor here, John Carbone, sent me a link yesterday to a lot for sale in the Smokies. The price certainly seemed reasonable. It so happened that I know the owner of the lot. He is one of our homeowner...
I am currently going through the foreclosure process. I am at the very begining and was wondering if it is possible to let it go to auction and wait until it doesn't sell then offer the bank more like what it is worth...
I have seen several articles claiming that the deductibility of interest for your primary residence is on the chopping block to close our budget gap.
Does anyone know what is happening with this? Who is pushing th...
I own a 3-unit multi-family with a business partner. The mortgage is in the name of my business partner. The interest rate is 4.5. We put 5% down when we first purchased it in 2019. The loan is not assumable. I want t...