All Forum Posts by: Wes Woodhouse
Wes Woodhouse has started 1 posts and replied 75 times.
Post: Is 1% and 50% rule also used for multi-family and apartment?
Wes WoodhousePosted
- BOISE, ID
- Posts 77
- Votes 45
Originally posted by @David Faulkner:
1% and 50% rule should NOT be used by anyone, anywhere, anytime, for any type of asset. It is not a good idea to try to shortcut around real analysis and actual thought.
Agreed
Post: Negative Nancy Naysayer Family Members
Wes WoodhousePosted
- BOISE, ID
- Posts 77
- Votes 45
Great question and great responses. There is a plethora of wisdom in this thread. Especially with family I think tact is essential. Don't push them away and create divides, but don't let them muffle your enthusiasm.
Post: Own or Rent your own Residence
Wes WoodhousePosted
- BOISE, ID
- Posts 77
- Votes 45
Increasingly I've noticed a trend towards renting your own residence while owning income properties. There are various arguments for both sides. What do you do and why?
I currently own with the intent of holding it as a rental when I move in a few years.
Post: BRRRR Strategy really works! Even in the Bay Area!
Wes WoodhousePosted
- BOISE, ID
- Posts 77
- Votes 45
That shows the power of networking!
Jason,
Is this rental still available?
-Wes