All Forum Posts by: Russell Brazil

 In 1972 the 30 year mortgage interest rate was 7%. If after interest rates spiked a buyer waited for them to drop back to 7%, they would have waited 21 years til 1993 for them to get that low again.

Hope he isn't holding his breath.

No. It's highly unlikely to go that low again in your lifetime.

Are you asking as a buyer, or as a loan officer?

 Welcome to BP.

My biggest piece of advice is to understand risk premiums in real estate. Most novice investors get the risk premiums backwards.

Buy in the winter, and you'll pay less money for the property, but have to deal with longer vacancy.

Buy in the Spring and you'll pay a lot more money for the property, but you can fill a vacancy much quicker.

Pick your poison.

Previously the National Association of Realtors was the main lobbying force for landlords and property rights in the country. But consumers sued them all too many times and for too much money. So that $1 billion settlement, with many more lawsuits on the horizon, would have previously been spent on lobbying efforts. But now, consumers will get a check for $13 each and have little force lobbying for private property rights. 

That's just a lazy *** police officer. Go over their head to their commanding officer or the district attorney. Cops all the time do everything they can to not investigate crimes.

Yes

Most of the legit rental listings where I live are on ZIllow. 

Well, closing your account so quickly certainly doesnt help the attemp to network.