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Something I remember reading in Josh Dorkin's book, about economic cycles, is that one sign you're in the Peak Phase of a real estate market is that there are real estate gurus everywhere.I can't stop seeing this now....
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I have been trying for years to reinvest $100,000 into some form of real estate and have gotten absolutely nowhere. Because I own my own business and deduct HEAVILY off it, I qualify for zero mortgages, even with perf...
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I have never been a big fan of 401k and retirement accounts in general that are invested in mutual funds. I have always thought of it as a "life deferral plan", you put money in, that is money that is lost from your l...
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Hello friends. My wife and I live in Oregon and we want to buy our first rental, but the interest rates and the housing prices in Portland are very high. A 3-bedroom house starts at $450k. But I'm getting the feeling ...
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Question for my seasoned investors and mentors. I'd like to get a healthy debate going here. I live in the very expensive Brooklyn/NYC market. I have about 250k in liquid assets and I earn a high W-2 income. I have a ...
I just got an email from my realtor regarding my decision to wait a little longer for prices to come down more. She said this:
"Sad to say that all indicators show that prices will start ticking up not down. The buil...
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Dear Old Pros,
I'd love your critique of my situation and plan if you can spare the time. I'll lay it all out there in the hope that some folks might have some useful insights or advice.
I've been an "amateur" inve...
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Like a lot of young people have done my wife and I have managed to place a lot of debt on top of ourselves, some of it good some of it bad. My wife is a teacher making 35000 a year. She is a 10 month employee so her p...
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Quick introduction: I'm coming off my first investment, a deal where I'm househacking a 4 bedroom, 2.5 bathroom townhome in San Jose, CA. I purchased for $715,000, live in the master, and rent out the other 3 bedrooms...
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Hi all,
Hoping to get some guidance on dealing with a contractor that completely a kitchen remodel for me last year. I found this contractor online, and we agreed upon a full remodel price via email – we never signed...