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Tag: Rental

Too Close to Home

Ardell’s recent blog, Agent FIRED! Lender Fraud, reminded me of one of my first transactions almost seven years ago. I can’t remember how I came across this client or how he was referred to me because I have deleted him from my database. I don’t ever want to provide a [...]

Am I better off renting?

The last bubble discussion got me thinking - is it really so bad to rent? Well, here is a cold and calculated answer: The Motley Fool has a great calculator to determine whether you are better off renting or owning (financials only, you supply the emotional). Even the bubble hand-wringers amongst us [...]

Real estate is a smaller part of American’s income than ever before… and rent is an even smaller part

Yesterday, the New York Times reported that “Twenty Years Later, Buying a House Is Less of a Bite.” Two points on this:
1. It’s a macro-level article and points out that housing on the coasts is not necessarily a deal:
In high-profile places like New York and Los Angeles, home to many of the people [...]