Comments on: 10 Things I’ve Learned in 4 Years of Real Estate Investing http://www.moolanomy.com/1822/10-things-ive-learned-in-4-years-of-real-estate-investing/ Personal Finance. Investing. Wealth Building. Tue, 16 Mar 2010 03:29:51 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Curtis Franklin http://www.moolanomy.com/1822/10-things-ive-learned-in-4-years-of-real-estate-investing/comment-page-1/#comment-24619 Curtis Franklin Sat, 14 Nov 2009 17:20:17 +0000 http://www.moolanomy.com/?p=1822#comment-24619 HELLO , my name is Curtis Franklin - newbie and addicted to realestate investing. I'am very interested in learning how to understand the ROI (return on investment) which relates to the numbers involved in realestate purchasing.I HOPE YOU GET MY POINT. HELLO , my name is Curtis Franklin – newbie and addicted to realestate investing. I’am very interested in learning how to understand the ROI (return on investment) which relates to the numbers involved in realestate purchasing.I HOPE YOU GET MY POINT.

]]> By: Wef Wef http://www.moolanomy.com/1822/10-things-ive-learned-in-4-years-of-real-estate-investing/comment-page-1/#comment-23896 Wef Wef Tue, 29 Sep 2009 17:22:46 +0000 http://www.moolanomy.com/?p=1822#comment-23896 For stock investment i could say it's negligible and is already built into the projected annual growth. However, it's not so simple with real estate investment, because there are significant costs that must be considered: * Closing costs as a buyer, and then later as a seller * Mortgage principal payments * Mortgage interest payments * Private mortgage insurance (if any) * Property taxes * Home insurance * Home improvement * Repair and maintenance * Other costs associated with running a rental business Which may be offset by: * Rental income * Depreciation * Tax deductions For stock investment i could say it’s negligible and is already built into the projected annual growth. However, it’s not so simple with real estate investment, because there are significant costs that must be considered:

* Closing costs as a buyer, and then later as a seller
* Mortgage principal payments
* Mortgage interest payments
* Private mortgage insurance (if any)
* Property taxes
* Home insurance
* Home improvement
* Repair and maintenance
* Other costs associated with running a rental business

Which may be offset by:

* Rental income
* Depreciation
* Tax deductions

]]> By: Alan http://www.moolanomy.com/1822/10-things-ive-learned-in-4-years-of-real-estate-investing/comment-page-1/#comment-23274 Alan Mon, 24 Aug 2009 09:05:55 +0000 http://www.moolanomy.com/?p=1822#comment-23274 Your article on this blog is fantastic. Well done! I'm a big fan of your blog and be sure to keep up the great work. I plan on returning and linking to your site. Your article on this blog is fantastic. Well done! I’m a big fan of your blog and be sure to keep up the great work.
I plan on returning and linking to your site.

]]> By: Ferg Flanagan http://www.moolanomy.com/1822/10-things-ive-learned-in-4-years-of-real-estate-investing/comment-page-1/#comment-23227 Ferg Flanagan Sat, 22 Aug 2009 03:23:22 +0000 http://www.moolanomy.com/?p=1822#comment-23227 Great post! Do you have any advice regarding contractors. How to make sure the property cash flows and the current times/state of housing. (House prices continue to fall etc). Great post!

Do you have any advice regarding contractors.
How to make sure the property cash flows and the current times/state of housing. (House prices continue to fall etc).

]]> By: Answered Prayers http://www.moolanomy.com/1822/10-things-ive-learned-in-4-years-of-real-estate-investing/comment-page-1/#comment-23004 Answered Prayers Sun, 09 Aug 2009 20:33:26 +0000 http://www.moolanomy.com/?p=1822#comment-23004 [...] 10 Things I’ve Learned in 4 Years of Real Estate Investing at Moolanomy [...] [...] 10 Things I’ve Learned in 4 Years of Real Estate Investing at Moolanomy [...]

]]> By: Horlic http://www.moolanomy.com/1822/10-things-ive-learned-in-4-years-of-real-estate-investing/comment-page-1/#comment-22962 Horlic Fri, 07 Aug 2009 03:06:36 +0000 http://www.moolanomy.com/?p=1822#comment-22962 1. Know the neighborhood - Agree, I call it "Site Survey", know more about people and things surrounding the property. 2. Get help - Agree, do ask for more information from everyone who is related to the property. Thought to analysis point by point and see i will disagree on which part, after read through details, i do agree with all your points. lol! Nice to meet you here! 1. Know the neighborhood – Agree, I call it “Site Survey”, know more about people and things surrounding the property.

2. Get help – Agree, do ask for more information from everyone who is related to the property.

Thought to analysis point by point and see i will disagree on which part, after read through details, i do agree with all your points. lol! Nice to meet you here!

]]> By: Curt http://www.moolanomy.com/1822/10-things-ive-learned-in-4-years-of-real-estate-investing/comment-page-1/#comment-22897 Curt Tue, 04 Aug 2009 22:08:44 +0000 http://www.moolanomy.com/?p=1822#comment-22897 Excellent article with some great advice. The only thing I would at is that his is a bad time to invest in real estate - especially with variable interest rates that are going to be a lot higher when you refinance. As unemployment continues to rise, property values can only continue to come down. I would wait another few years before investing in real estate. I realize that a lot of people have make a killing in real estate, but those days are gone. Excellent article with some great advice. The only thing I would at is that his is a bad time to invest in real estate – especially with variable interest rates that are going to be a lot higher when you refinance.

As unemployment continues to rise, property values can only continue to come down. I would wait another few years before investing in real estate. I realize that a lot of people have make a killing in real estate, but those days are gone.

]]> By: BFN’s First Birthday! | BorrowFromNone.com http://www.moolanomy.com/1822/10-things-ive-learned-in-4-years-of-real-estate-investing/comment-page-1/#comment-22881 BFN’s First Birthday! | BorrowFromNone.com Tue, 04 Aug 2009 10:29:55 +0000 http://www.moolanomy.com/?p=1822#comment-22881 [...] good tips if you are interesting in doing some real estate investing from [...] [...] good tips if you are interesting in doing some real estate investing from [...]

]]> By: DR http://www.moolanomy.com/1822/10-things-ive-learned-in-4-years-of-real-estate-investing/comment-page-1/#comment-22879 DR Tue, 04 Aug 2009 10:13:33 +0000 http://www.moolanomy.com/?p=1822#comment-22879 mapgirl, fortunately we rent out properties in Ohio, and the landlord-tenant laws there are not so lopsided as they are in places like DC, NY or Boston. Longer term leases, for example, are fine. And what surprised me was that most tenants really want a longer term lease. They want to lock in the rent and stay put. mapgirl, fortunately we rent out properties in Ohio, and the landlord-tenant laws there are not so lopsided as they are in places like DC, NY or Boston. Longer term leases, for example, are fine. And what surprised me was that most tenants really want a longer term lease. They want to lock in the rent and stay put.

]]> By: jscottalexander http://www.moolanomy.com/1822/10-things-ive-learned-in-4-years-of-real-estate-investing/comment-page-1/#comment-22872 jscottalexander Tue, 04 Aug 2009 04:10:34 +0000 http://www.moolanomy.com/?p=1822#comment-22872 Just found your blog, some really good information. I look forward to checking out future post. I was suprise you start your late fee after 5 days. I start mine after day one and it is $5 a day each day after. Great way to increase your cash flow, and also a great way to get paid on time if they don't like paying late fees. Regards, jscottalexander Just found your blog, some really good information. I look forward to checking out future post. I was suprise you start your late fee after 5 days. I start mine after day one and it is $5 a day each day after. Great way to increase your cash flow, and also a great way to get paid on time if they don’t like paying late fees.
Regards,
jscottalexander

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