Investing in rental properties

[infoseeker]

Recourse in Money Lending business is difficult. Going after folks defaulting on loan is a risky business… the same issues you will have as with prosper.com. Failure of payment of rent is easier to deal with since eviction of people from rental property is easy compared to a “owned” property. People’s emotional attachment to rental property is less than “owned” property. In addition to cash-on-cash ROI, renting also provides the long term gains that comes with asset appreciation. Depreciation tax write off is an additional advantage of renting.

[ltokuda]

[quote=sdrealtor]Be cautious with someone like that as there is a big difference between blogging about housing and understanding the nuts and bolts of real estate transactons. I find it ironic when someone who is so anti housing realizes there is no money to be made in what they are doing and sooner or later they become the very people they have spent years demonizing. From what i have seen they havent been sucessful in their transitions. Powayseller?Mr. Mortgage? There are a few others but those immediately come to mind. Sooner or later we’ll see Ben Jones Realty & Mortgage.

FWIW, a buy vs rent calculation can be found just about anywhere on line.[/quote]

I agree. You should always be careful and always do your research.

However, the comparison to Mr. Mortgage and Powayseller is rather unfair. Both of those bloggers were obvious hacks.

On the other hand, IHB seems to provide very sound analysis. And they are not anti-housing; they are anti-outrageously-overpriced-housing. They are pro-housing-for-the-right-price. Yes, they still pick on realtors a lot, but only the bad ones. They also praise the good ones. You can read about their qualifications on their website.

Buy Vs. Rent calculators are available but how many realtors (representing you in buying an overpriced house) will break down how much money you’re losing a month by not renting? You can check out some of their sample reports here.

http://www.idealhomebrokers.com/reports/

I think the reports are pretty good. All that being said, I don’t know if they are good realtors or not. But regardless of whether you use them, you might want to read about their views on Vegas investment properties.

[ltokuda]

[quote=sdrealtor]Be cautious with someone like that as there is a big difference between blogging about housing and understanding the nuts and bolts of real estate transactons. I find it ironic when someone who is so anti housing realizes there is no money to be made in what they are doing and sooner or later they become the very people they have spent years demonizing. From what i have seen they havent been sucessful in their transitions. Powayseller?Mr. Mortgage? There are a few others but those immediately come to mind. Sooner or later we’ll see Ben Jones Realty & Mortgage.

FWIW, a buy vs rent calculation can be found just about anywhere on line.[/quote]

I agree. You should always be careful and always do your research.

However, the comparison to Mr. Mortgage and Powayseller is rather unfair. Both of those bloggers were obvious hacks.

On the other hand, IHB seems to provide very sound analysis. And they are not anti-housing; they are anti-outrageously-overpriced-housing. They are pro-housing-for-the-right-price. Yes, they still pick on realtors a lot, but only the bad ones. They also praise the good ones. You can read about their qualifications on their website.

Buy Vs. Rent calculators are available but how many realtors (representing you in buying an overpriced house) will break down how much money you’re losing a month by not renting? You can check out some of their sample reports here.

http://www.idealhomebrokers.com/reports/

I think the reports are pretty good. All that being said, I don’t know if they are good realtors or not. But regardless of whether you use them, you might want to read about their views on Vegas investment properties.

[ltokuda]

[quote=sdrealtor]Be cautious with someone like that as there is a big difference between blogging about housing and understanding the nuts and bolts of real estate transactons. I find it ironic when someone who is so anti housing realizes there is no money to be made in what they are doing and sooner or later they become the very people they have spent years demonizing. From what i have seen they havent been sucessful in their transitions. Powayseller?Mr. Mortgage? There are a few others but those immediately come to mind. Sooner or later we’ll see Ben Jones Realty & Mortgage.

FWIW, a buy vs rent calculation can be found just about anywhere on line.[/quote]

I agree. You should always be careful and always do your research.

However, the comparison to Mr. Mortgage and Powayseller is rather unfair. Both of those bloggers were obvious hacks.

On the other hand, IHB seems to provide very sound analysis. And they are not anti-housing; they are anti-outrageously-overpriced-housing. They are pro-housing-for-the-right-price. Yes, they still pick on realtors a lot, but only the bad ones. They also praise the good ones. You can read about their qualifications on their website.

Buy Vs. Rent calculators are available but how many realtors (representing you in buying an overpriced house) will break down how much money you’re losing a month by not renting? You can check out some of their sample reports here.

http://www.idealhomebrokers.com/reports/

I think the reports are pretty good. All that being said, I don’t know if they are good realtors or not. But regardless of whether you use them, you might want to read about their views on Vegas investment properties.

[ltokuda]

[quote=sdrealtor]Be cautious with someone like that as there is a big difference between blogging about housing and understanding the nuts and bolts of real estate transactons. I find it ironic when someone who is so anti housing realizes there is no money to be made in what they are doing and sooner or later they become the very people they have spent years demonizing. From what i have seen they havent been sucessful in their transitions. Powayseller?Mr. Mortgage? There are a few others but those immediately come to mind. Sooner or later we’ll see Ben Jones Realty & Mortgage.

FWIW, a buy vs rent calculation can be found just about anywhere on line.[/quote]

I agree. You should always be careful and always do your research.

However, the comparison to Mr. Mortgage and Powayseller is rather unfair. Both of those bloggers were obvious hacks.

On the other hand, IHB seems to provide very sound analysis. And they are not anti-housing; they are anti-outrageously-overpriced-housing. They are pro-housing-for-the-right-price. Yes, they still pick on realtors a lot, but only the bad ones. They also praise the good ones. You can read about their qualifications on their website.

Buy Vs. Rent calculators are available but how many realtors (representing you in buying an overpriced house) will break down how much money you’re losing a month by not renting? You can check out some of their sample reports here.

http://www.idealhomebrokers.com/reports/

I think the reports are pretty good. All that being said, I don’t know if they are good realtors or not. But regardless of whether you use them, you might want to read about their views on Vegas investment properties.

[ltokuda]

[quote=sdrealtor]Be cautious with someone like that as there is a big difference between blogging about housing and understanding the nuts and bolts of real estate transactons. I find it ironic when someone who is so anti housing realizes there is no money to be made in what they are doing and sooner or later they become the very people they have spent years demonizing. From what i have seen they havent been sucessful in their transitions. Powayseller?Mr. Mortgage? There are a few others but those immediately come to mind. Sooner or later we’ll see Ben Jones Realty & Mortgage.

FWIW, a buy vs rent calculation can be found just about anywhere on line.[/quote]

I agree. You should always be careful and always do your research.

However, the comparison to Mr. Mortgage and Powayseller is rather unfair. Both of those bloggers were obvious hacks.

On the other hand, IHB seems to provide very sound analysis. And they are not anti-housing; they are anti-outrageously-overpriced-housing. They are pro-housing-for-the-right-price. Yes, they still pick on realtors a lot, but only the bad ones. They also praise the good ones. You can read about their qualifications on their website.

Buy Vs. Rent calculators are available but how many realtors (representing you in buying an overpriced house) will break down how much money you’re losing a month by not renting? You can check out some of their sample reports here.

http://www.idealhomebrokers.com/reports/

I think the reports are pretty good. All that being said, I don’t know if they are good realtors or not. But regardless of whether you use them, you might want to read about their views on Vegas investment properties.

[paramount]

Consider ‘investing’ in an investment grade property – which means a multi-family property.

[paramount]

Consider ‘investing’ in an investment grade property – which means a multi-family property.

[paramount]

Consider ‘investing’ in an investment grade property – which means a multi-family property.

[paramount]

Consider ‘investing’ in an investment grade property – which means a multi-family property.

[paramount]

Consider ‘investing’ in an investment grade property – which means a multi-family property.

[permabear]

College rental.

If you’re heart-set on SD, there are several UCSD-area 2br/2ba condos in the 200k range that could be cashflow breakeven (not positive).

I’ve been thinking about the same thing… but then drove by UCSD the other day and they are completing MASSIVE new housing dorms. Wouldn’t surprise me if everyone could live on-campus (finally), which would kill the private rental market.

(Sidenote: I would never try to have a rental around SDSU, but UCSD kids are a different story. In general the state school vs university distinction is pretty valid anywhere.)

[permabear]

College rental.

If you’re heart-set on SD, there are several UCSD-area 2br/2ba condos in the 200k range that could be cashflow breakeven (not positive).

I’ve been thinking about the same thing… but then drove by UCSD the other day and they are completing MASSIVE new housing dorms. Wouldn’t surprise me if everyone could live on-campus (finally), which would kill the private rental market.

(Sidenote: I would never try to have a rental around SDSU, but UCSD kids are a different story. In general the state school vs university distinction is pretty valid anywhere.)

[permabear]

College rental.

If you’re heart-set on SD, there are several UCSD-area 2br/2ba condos in the 200k range that could be cashflow breakeven (not positive).

I’ve been thinking about the same thing… but then drove by UCSD the other day and they are completing MASSIVE new housing dorms. Wouldn’t surprise me if everyone could live on-campus (finally), which would kill the private rental market.

(Sidenote: I would never try to have a rental around SDSU, but UCSD kids are a different story. In general the state school vs university distinction is pretty valid anywhere.)

[permabear]

College rental.

If you’re heart-set on SD, there are several UCSD-area 2br/2ba condos in the 200k range that could be cashflow breakeven (not positive).

I’ve been thinking about the same thing… but then drove by UCSD the other day and they are completing MASSIVE new housing dorms. Wouldn’t surprise me if everyone could live on-campus (finally), which would kill the private rental market.

(Sidenote: I would never try to have a rental around SDSU, but UCSD kids are a different story. In general the state school vs university distinction is pretty valid anywhere.)

[Author]

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