Mortgage Backed Securities - what is it?
Oct 20, 2023
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What is a mortgage backed security?
Packages of originated loans on asset backed securities such as those government sponsored like Fannie Mae can be packaged and sold to investors. These packages are called Mortgage Backed Securities (MBS). Our government historically purchases...
What are housing vouchers?
Oct 02, 2023
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I get a lot of questions about housing vouchers and how you determine rent amount allowed.
Each housing authority (HA) provides a voucher amount determined by bedroom and some further define it by zip code or city within their covered area. They determine this based on a percentage of Fair Market...
Gas prices don't HAVE to be high
Sep 30, 2023
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The feds didn’t raise rates at their meeting this month - and the economics of what is happening is quite interesting.
Inflation is up 3.7% year over year - which in reality is more accurate than their 2% target. That said, what’s astonishing is that more than half of that...
The Incredible Power of Real Estate
Sep 29, 2023
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As a real estate investor, your #1 goal is to reach ability to get treated as a real estate professional on your taxes.
Cost segregation is one of the most powerful tools - as is converting rental income to active income - that we have as investors.
My typical $200k home I...
Rate buy downs are a terrible idea right now. DON’T DO IT.
Sep 22, 2023
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Rate buy downs are a terrible idea right now. DON’T DO IT.
I figured I’d start with the tag line so in case you read nothing else, you take away the most important piece.
The break even on most buy downs is 39 months. This means you are paying a...
Why you should be buying NOW!
Sep 22, 2023
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Why buy now?
Are you still sitting on the sidelines because of rates? Fear of the market?
Forget the housing shortage. Forget only 1 home being built for every 5 jobs. Forget the reports this week showing housing will be up 9% year over year.
Let me tell you why...