[Jazzman]

The issues is not ‘pending’, but ‘pending do NOT continue to show’, which apparently removes the listing, sometimes prematurely, thereby not allowing back up offers. Is there a record of this happening that other brokers can see?

[Jazzman]

The issues is not ‘pending’, but ‘pending do NOT continue to show’, which apparently removes the listing, sometimes prematurely, thereby not allowing back up offers. Is there a record of this happening that other brokers can see?

[Jazzman]

The issues is not ‘pending’, but ‘pending do NOT continue to show’, which apparently removes the listing, sometimes prematurely, thereby not allowing back up offers. Is there a record of this happening that other brokers can see?

[Jazzman]

I recently approached an (recommended) attorney to start a living trust. It is taking for ever for some reason. Don’t go in blindly, and ask lot’s of questions (keeping an eye on the stop watch). Does your attorney become a trustee? Can you trust him/her? What happens if he retires/dies? It may pass to someone who you don’t know. I decided to go the institutional route for a trustee, and adding a trusted family member as a trustee for checks and balances! If you are non-US domiciled ie born elsewhere be wary of the consequences in your country of domicile. In many places domicile is very hard to shake off, and many countries don’t recognize trusts. Could cause problems down the road. Local attorneys won’t have the expertise to advise on this.

[Jazzman]

I recently approached an (recommended) attorney to start a living trust. It is taking for ever for some reason. Don’t go in blindly, and ask lot’s of questions (keeping an eye on the stop watch). Does your attorney become a trustee? Can you trust him/her? What happens if he retires/dies? It may pass to someone who you don’t know. I decided to go the institutional route for a trustee, and adding a trusted family member as a trustee for checks and balances! If you are non-US domiciled ie born elsewhere be wary of the consequences in your country of domicile. In many places domicile is very hard to shake off, and many countries don’t recognize trusts. Could cause problems down the road. Local attorneys won’t have the expertise to advise on this.

[Jazzman]

I recently approached an (recommended) attorney to start a living trust. It is taking for ever for some reason. Don’t go in blindly, and ask lot’s of questions (keeping an eye on the stop watch). Does your attorney become a trustee? Can you trust him/her? What happens if he retires/dies? It may pass to someone who you don’t know. I decided to go the institutional route for a trustee, and adding a trusted family member as a trustee for checks and balances! If you are non-US domiciled ie born elsewhere be wary of the consequences in your country of domicile. In many places domicile is very hard to shake off, and many countries don’t recognize trusts. Could cause problems down the road. Local attorneys won’t have the expertise to advise on this.

[Jazzman]

I recently approached an (recommended) attorney to start a living trust. It is taking for ever for some reason. Don’t go in blindly, and ask lot’s of questions (keeping an eye on the stop watch). Does your attorney become a trustee? Can you trust him/her? What happens if he retires/dies? It may pass to someone who you don’t know. I decided to go the institutional route for a trustee, and adding a trusted family member as a trustee for checks and balances! If you are non-US domiciled ie born elsewhere be wary of the consequences in your country of domicile. In many places domicile is very hard to shake off, and many countries don’t recognize trusts. Could cause problems down the road. Local attorneys won’t have the expertise to advise on this.

[Jazzman]

I recently approached an (recommended) attorney to start a living trust. It is taking for ever for some reason. Don’t go in blindly, and ask lot’s of questions (keeping an eye on the stop watch). Does your attorney become a trustee? Can you trust him/her? What happens if he retires/dies? It may pass to someone who you don’t know. I decided to go the institutional route for a trustee, and adding a trusted family member as a trustee for checks and balances! If you are non-US domiciled ie born elsewhere be wary of the consequences in your country of domicile. In many places domicile is very hard to shake off, and many countries don’t recognize trusts. Could cause problems down the road. Local attorneys won’t have the expertise to advise on this.

[Jazzman]

I found making numbers work in most of CA a bit of a challenge. Home prices are simply too high. So I invested in DFW, Charlotte (NC), and Las Vegas where rent ratios are +1. Texas prices were the least bubble prone, rents are strong and the economy OK. Downside is property tax and insurance. Las Vegas over-corrected and finding a home was not difficult. Finding a tenant was a little harder as vacancy rates were higher. Charlotte is somewhere between the two but is a nice little earner. For out of state, the key is the property manager, which you need to find first. Condos are non-starters. SFHs, 3/2, +/-$100k seems to be a formula that offers solid returns IMO.

[Jazzman]

I found making numbers work in most of CA a bit of a challenge. Home prices are simply too high. So I invested in DFW, Charlotte (NC), and Las Vegas where rent ratios are +1. Texas prices were the least bubble prone, rents are strong and the economy OK. Downside is property tax and insurance. Las Vegas over-corrected and finding a home was not difficult. Finding a tenant was a little harder as vacancy rates were higher. Charlotte is somewhere between the two but is a nice little earner. For out of state, the key is the property manager, which you need to find first. Condos are non-starters. SFHs, 3/2, +/-$100k seems to be a formula that offers solid returns IMO.

[Jazzman]

I found making numbers work in most of CA a bit of a challenge. Home prices are simply too high. So I invested in DFW, Charlotte (NC), and Las Vegas where rent ratios are +1. Texas prices were the least bubble prone, rents are strong and the economy OK. Downside is property tax and insurance. Las Vegas over-corrected and finding a home was not difficult. Finding a tenant was a little harder as vacancy rates were higher. Charlotte is somewhere between the two but is a nice little earner. For out of state, the key is the property manager, which you need to find first. Condos are non-starters. SFHs, 3/2, +/-$100k seems to be a formula that offers solid returns IMO.

[Jazzman]

I found making numbers work in most of CA a bit of a challenge. Home prices are simply too high. So I invested in DFW, Charlotte (NC), and Las Vegas where rent ratios are +1. Texas prices were the least bubble prone, rents are strong and the economy OK. Downside is property tax and insurance. Las Vegas over-corrected and finding a home was not difficult. Finding a tenant was a little harder as vacancy rates were higher. Charlotte is somewhere between the two but is a nice little earner. For out of state, the key is the property manager, which you need to find first. Condos are non-starters. SFHs, 3/2, +/-$100k seems to be a formula that offers solid returns IMO.

[Jazzman]

I found making numbers work in most of CA a bit of a challenge. Home prices are simply too high. So I invested in DFW, Charlotte (NC), and Las Vegas where rent ratios are +1. Texas prices were the least bubble prone, rents are strong and the economy OK. Downside is property tax and insurance. Las Vegas over-corrected and finding a home was not difficult. Finding a tenant was a little harder as vacancy rates were higher. Charlotte is somewhere between the two but is a nice little earner. For out of state, the key is the property manager, which you need to find first. Condos are non-starters. SFHs, 3/2, +/-$100k seems to be a formula that offers solid returns IMO.

[Jazzman]

[quote=sdrealtor]Ok just back from NYC. FWIW Mark Hanson is the infamous Mr Mortgage who has been flat out wrong in his predictions. He’s selling something. Understand that and buy what he is selling at your own risk just as you would with anything else your buying.[/quote]
You’ve only had to say things are bad to be right in this market, which is pretty much what he’s been predicting. BTW what’s he selling?

[Jazzman]

[quote=sdrealtor]Ok just back from NYC. FWIW Mark Hanson is the infamous Mr Mortgage who has been flat out wrong in his predictions. He’s selling something. Understand that and buy what he is selling at your own risk just as you would with anything else your buying.[/quote]
You’ve only had to say things are bad to be right in this market, which is pretty much what he’s been predicting. BTW what’s he selling?

[Author]

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