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FAR 047 Hey if you are looking to get your deal funded I\u2019ve got great news. Whitestone Capital Solutions is offering loans as low as 4 points and 8%. Friends, if you are in the real estate investment business it\u2019s hard to find money any cheaper than this. I know because I\u2019ve looked around. All you have to do is go to www.whitestonecapitalsolutions.com, click \u201capply now\u201d and fill out the quick and easy form. One of our team members will be in touch with you quickly and get you headed toward closing on that deal. We are loaning in all 50 states. Apply today. News: For months I\u2019ve been predicting a slow down in rising prices. Specifically I targeted first or secong quarter of 2018 before we would notice things cooling off. Today I have the first evidence. From Seattle, the HOTTEST market in America and the fastest rising prices. http://www.seattletimes.com/business/real-estate/foreign-buyers-drop-off-as-seattle-housing-market-hits-hottest-tempo-since-2006-bubble/ So foreign buyers are already beginning to taper off a bit in Seattle. Articles on the \u201chot market\u201d Plano Texas Austin Texas Seattle Columbus OH St. Louis San Francisco / Bay area Denver Raleigh Durham, NC Nashville New Haven and all of Connecticut Park Rapids, MN \xa0 Exception: Flint MI. Sales are down, prices are down. Why? People have been told they cannot sell their home with known lead and pipe issues. It may not be true, but the other problem is no one wants to move there before they get their water issues resolved. \xa0 Meanwhile in Toronto: Prices are down, median price fell from 919k to 793k last month. Why? Because of a new 15% tax on foreign buyers. Tax any behavior and it will decrease. Politicians tax where they see dollar signs, without regard to the above statement. \xa0 Prices elsewhere in Canada are like those in the US. Markets are hot. \xa0 It won\u2019t be long before you start seeing \u201csky is falling\u201d articles about the markets being overheated. What will happen? People will listen. The euphoria will pass, builders will catch up with inventory and the market will settle in at normal rates of appreciation, roughly tied to inflation. \xa0 High prices are squeezing out lower income buyers. So what will happen? Where there is a market, enterprising builders and investors will move to lower prices. They want to make money and have to sell in order to do it. \xa0 Scams: Rental Scam: Advertised on Craigslist - price VERY reasonable. Credit card required for viewing. \u201cLandlord\u201d promised to meet them at property. Then didn\u2019t show, claiming son was ill at hospital. But now he has the credit card #. \xa0 Others have actually rented out the house, taken the money, signed and lease, and let the people move in. Except the house belonged to someone else. \xa0 Investor Uh-OHs: \xa0 Let\u2019s call him Bill: I bought a house that needed quite a bit of work, but had everything worked out and a plan. Unfortunately both my contractor and I missed a significant foundation issue. The integrity of the structure was compromised and the cost to repair was more than it would cost to tear the house down and build new. I ended up selling at a significant loss. Lesson: When buying an older house, hire a home inspector, $400 well spent. \xa0 Emails: Leonardo from Sandy Springs, GA \u201cI need something to help me completely figure out my costs and the possibilities with a property. I started trying to put something into a spreadsheet but I can\u2019t seem to get it all in there. I heard your show and decided to ask if you knew of anything out there.\u201d Frannie from Rockford, IL, \u201cTell me about using Land Trusts to hold title to your investment properties. Why do that and how does it work?\u201d Interview Guests: Beyond Wynn