Passive Investing
b'FAR 082 Expected Air Date: 10/30/17
Trends:
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News:
- When to drop your selling price in today\\u2019s market. https://www.cnbc.com/2017/10/27/how-to-know-when-to-drop-the-asking-price-on-your-home.html
- A solution for vacant retail space! I predicted it\\u2026 http://www.sun-sentinel.com/local/broward/sunrise/fl-sb-apartments-shopping-center-sunrise-20171027-story.html
- Ten Trends for 2018 https://www.curbed.com/2017/10/26/16554900/real-estate-trends-housing-affordability-urban-development
- The slow-down is starting. https://www.msn.com/en-us/money/realestate/stuck-in-place-u-s-homeowners-hunker-down-rather-than-move/ar-AAubp7w?ocid=ob-tw-enus-634
Investor Uh-OHs:
- Send in your uh-oh. Help us all learn and grow.
- Randy, from Sylva, NC. \\u201cI bought a house and did a nice job (so I thought) fixing it up. I peeked into the crawl space but never went under there. It was tight and I\\u2019m a big guy. When we sold it, the home inspector told us there was standing water in the crawl space that had led to some minor wood rot and could lead to other problems in the future. The water was due to the grading of the lot. The only thing to do was repair the damaged wood and install a sump pump to deal with future water issues. The $1800 that cost came right out of the bottom line. We would have bought the house and done the deal anyway, but it was disappointing to have to spend that money.\\u201d
- LESSON: If you\\u2019re not going under or on top of the house, hire a home inspector when you buy it.