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TavoParticipant
Lonestar,
That is the question. What exactly is “the next several years.” I need an exact number to calculate this hold vs sell analysis. Is it 2, 5, 10??? Will rents increase/ decrease in next “several years”? Your guess is as good as mine. Mix our predictions with with the Fed’s plans and who knows.
The good thing about being a landlord is that I don’t mind dealing with my tenant (but, he’s pretty great) and I married into a family of contractors, so repair work can get completed fairly cheaply. If I decide to keep it, I will almost certainly get my RE license and work the required hours to write off as many losses as possible. This may help some…
TavoParticipantLonestar,
That is the question. What exactly is “the next several years.” I need an exact number to calculate this hold vs sell analysis. Is it 2, 5, 10??? Will rents increase/ decrease in next “several years”? Your guess is as good as mine. Mix our predictions with with the Fed’s plans and who knows.
The good thing about being a landlord is that I don’t mind dealing with my tenant (but, he’s pretty great) and I married into a family of contractors, so repair work can get completed fairly cheaply. If I decide to keep it, I will almost certainly get my RE license and work the required hours to write off as many losses as possible. This may help some…
TavoParticipantLonestar,
That is the question. What exactly is “the next several years.” I need an exact number to calculate this hold vs sell analysis. Is it 2, 5, 10??? Will rents increase/ decrease in next “several years”? Your guess is as good as mine. Mix our predictions with with the Fed’s plans and who knows.
The good thing about being a landlord is that I don’t mind dealing with my tenant (but, he’s pretty great) and I married into a family of contractors, so repair work can get completed fairly cheaply. If I decide to keep it, I will almost certainly get my RE license and work the required hours to write off as many losses as possible. This may help some…
TavoParticipantLonestar,
That is the question. What exactly is “the next several years.” I need an exact number to calculate this hold vs sell analysis. Is it 2, 5, 10??? Will rents increase/ decrease in next “several years”? Your guess is as good as mine. Mix our predictions with with the Fed’s plans and who knows.
The good thing about being a landlord is that I don’t mind dealing with my tenant (but, he’s pretty great) and I married into a family of contractors, so repair work can get completed fairly cheaply. If I decide to keep it, I will almost certainly get my RE license and work the required hours to write off as many losses as possible. This may help some…
TavoParticipantSandi Egan,
I agree, I doubt the banks will negotiate with a “good” borrower until they fall behind and are forced to. Maybe the housing crisis will encourage banks to do this at some point, but I’m not holding my breath.
In regards to credit, I guess it’s really just a matter of self-respect. At this point, I I’ve come to the realization that anything I buy will be in cash for the next few years.
PW,
Thanks for the dire outlook. I just gave my tenant a call to make sure he is comfy and enjoying San Diego.
TavoParticipantSandi Egan,
I agree, I doubt the banks will negotiate with a “good” borrower until they fall behind and are forced to. Maybe the housing crisis will encourage banks to do this at some point, but I’m not holding my breath.
In regards to credit, I guess it’s really just a matter of self-respect. At this point, I I’ve come to the realization that anything I buy will be in cash for the next few years.
PW,
Thanks for the dire outlook. I just gave my tenant a call to make sure he is comfy and enjoying San Diego.
TavoParticipantSandi Egan,
I agree, I doubt the banks will negotiate with a “good” borrower until they fall behind and are forced to. Maybe the housing crisis will encourage banks to do this at some point, but I’m not holding my breath.
In regards to credit, I guess it’s really just a matter of self-respect. At this point, I I’ve come to the realization that anything I buy will be in cash for the next few years.
PW,
Thanks for the dire outlook. I just gave my tenant a call to make sure he is comfy and enjoying San Diego.
TavoParticipantSandi Egan,
I agree, I doubt the banks will negotiate with a “good” borrower until they fall behind and are forced to. Maybe the housing crisis will encourage banks to do this at some point, but I’m not holding my breath.
In regards to credit, I guess it’s really just a matter of self-respect. At this point, I I’ve come to the realization that anything I buy will be in cash for the next few years.
PW,
Thanks for the dire outlook. I just gave my tenant a call to make sure he is comfy and enjoying San Diego.
TavoParticipantSandi Egan,
I agree, I doubt the banks will negotiate with a “good” borrower until they fall behind and are forced to. Maybe the housing crisis will encourage banks to do this at some point, but I’m not holding my breath.
In regards to credit, I guess it’s really just a matter of self-respect. At this point, I I’ve come to the realization that anything I buy will be in cash for the next few years.
PW,
Thanks for the dire outlook. I just gave my tenant a call to make sure he is comfy and enjoying San Diego.
TavoParticipantI meant “constructive” advice
TavoParticipantI meant “constructive” advice
TavoParticipantI meant “constructive” advice
TavoParticipantI meant “constructive” advice
TavoParticipantI meant “constructive” advice
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