In this real estate market there is no good reason to buy a property that you plan to hold and rent if it needs any more than about $2500 worth of work. It’s just not necessary, because there are so many great properties on the market – and I mean listed on the MLS and STILL occupied – that will cash flow as a rental at or near full asking price. I took a quick…
Category: Rental Houses
There’s No Basement in the Alamo, Silly!
I was out in Southern California visiting my “little†sister for her 40th birthday two weekends ago, and as usual after a few cocktails out on the patio, the conversation amongst us siblings devolved into quoting lines from our favorite movies. (This is a source of constant bemusement bordering on irritation for our spouses, who for some reason aren’t into it)  Our favorite quotables include Ghostbusters (You’re right, Ray, no – human – would…