All Forum Posts by: Greg C.

Stumbled on this website today. Smatasset.com.  Has some interesting calculators on if.

found it through this article that has Price to Rent ratios as of Feb 2016

price-to-rent-ratio-in-us-cities

Wish I could edit some earlier posts.  I have a bad habit of typing and not actually reading what I typed... 

<----has caveman fingers

@Megan Roche Thanks.  Helps me remember the mind numbing amount of info I'm reading or listening to.  

@Brent Silberbauer ahh right.  I actually really enjoyed the pod cast he Michael Gerber for BP.  

https://www.biggerpockets.com/renewsblog/2015/06/04/bp-podcast-125-the-key-to-business-success-with-michael-gerber/

HAI - Housing Affordability Index...

"C.A.R.'s Traditional Housing Affordability Index (HAI) measures the percentage of households that can afford to purchase the median priced home in the state and regions of California based on traditional assumptions. C.A.R. also reports its traditional and first-time buyer indexes for regions and select counties within the state. The HAI is the most fundamental measure of housing well-being for buyers in the state."

http://www.car.org/marketdata/data/haitraditional/

Just some things I picked up from the last few podcasts I've listened to.

Podcast 201 - "America rewards persistence"

Zombie-Houses-with-Justin-Stamper

Podcast 189 - really emphasized the Idea of "Systems".  which reinstated the idea of franchising.  Not sure if it was Rich dad or another book but the was notion that to be truly passive there needs to be a strong "System" in place so anyone anywhere can literally do the work the way you want it done.

Tarl Yarber

Podcast 178 - There is a great segment in here regarding lead generation.  Looking at specialist to forward leads.  IE the Post man Roofers.  In Charlie's case he discussed Foundation experts.

podcast-178house-hacker-house-flipper-landlord-charlie-kao

So since my focus the last few days has been Personal Finances.  I thought I would make note of Podcast 200.  There was a quick mention of Mint.com which I hadn't looked at for years.

Pretty cool stuff... Led me back to Quicken (for Mac) which I hadn't used in years because of lack of time to really under stand  how it worked.

The nice thing about Mint is the automation of it all.  It'll look look up the value of your home and cars and give your assets value.  It's a great at a glance total financial option.  Down side is there are a few accounts I just can't link and printing reports, if you can, I haven't figured out yet.

Quicken looks better for what I need but is less automated.  IE there are various accounts that won't link also Loans, Assets and Liabilities in the Mac version are all manual entries.  But on the plus side the budgeting options are straight forward was well as forecasting.  It also performs in seconds for my different tax schedules what usually takes me a week when it comes to Tax time.  I'm still trying to figure out how to utilize it without having to do hours of book keeping.

On the plus side. Refi is going through at record speed. HELOC is looking good as they are closing at the same time with the same bank.

I found that putting a packet together for the Appraiser was a huge benefit. Our Home was a REO that had been basicly ripped clean. So we put a significant amount of work into it even outside the scope of our original 203k construction loan. I should see the final appraisal by Monday but the Appraiser seemed very impressed. In the packet I included total costs of all major upgrades and before pictures of all the exterior and interior at original purchase. Even though I knew he would pull his own comps I also had a real estate friend run a CMA to include.

RUBS - (Ratio Utility Billing System) Who knew?

"Multifamily Utility Company offers a variety of customized Ratio Utility Billing Systems (RUBS) for situations where the constraints of space and/or construction do not allow a property to be submetered. RUBS can be utilities for almost all utilities including water, wastewater, electric, gas and trash. " 

multifamilyutility.com

How about after picture or are they not neccesary?