All Forum Posts by: Sean Kuhn

You’d be surprised how much the government can control rates. Don’t be surprised if 10 years from now rates are even lower. 

I’m hoping a bankruptcy attorney can provide me some advice, this is all hypothetical and my rentals are doing just fine. Let’s say I own 1 rental, title is held in my name and loan is in my name only. My wife owns a rental and title is in her name and loan is in her name only. We both own our primary house together where title is in our names and loan is in our names. If we default on either of our rental loans can anything happen to the other rental or our primary residence? Same for bankruptcy? Or is each property protected from the other?

House hack all day long. I love buying stocks but I really love owning real estate. Yes the s and p has returned 10% every year over the course of its life but that is MUCH different than returning 10% each year. There have been periods of 20 years with 0 return. Keep that in mind 

What you should also consider is not just the crime but the ramifications of it. Being in prison for 25 years will change you, usually for the worse. It’s a rough place. Also, is he going to be able to find employment with this record? Paying rent is number 1 and if he can’t do that what’s the point? 

Nope nope nope. There are too many qualified tenants out there right now. Anyone I’ve rented to with any kind of violent criminal history has been trouble in one way or another. 

I did exactly this in 2019 and 2020 on two loans, but it was by accident because rates dropped so much after the cashout I was able to refinance that again one full percent less. I wouldn’t say don’t do it, but run the numbers and see how the math comes out. I never rely on a more than 5 years for a break even on a loan, loans come and go so fast sometimes. If it took 6 years to break even I wouldn’t bother.