Comments by "Crime Stoppers" (@crimestoppers1877) on "Landlords Are In Trouble; Wall Street Prepares to Take Over Rental Market" video.

@s99614 How about a Maximum 15 year mortgage and no Second Deeds of trust or HELOC's?
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@Katadori09 Argument #1) In my case I bought a house located in an area where I can have privacy. This is usually an area with a low population density. I reside only 6 miles from a city and few "services" available to me. YEAH! I have my own water well, and septic system on several QUIET non crime acres. It is interesting that most who reside out here do not have lives filled with drama, excuses, reasons for failure and a victim mentality. Argument #2) I agree with most of your comments about house ownership except a few. In the buying role I do excellent research on the REASONS for the seller selling today. Location is primary and reasons to sell are next in importance. My strategy is to use Dual Agency. As long as I am financially strong I can provide the "best" feature of the so-called "highest and best". I can close within days and as long as the Broker and seller beleive that, I have much more control of the transaction. Most of us have bills due every month this includes real estate agents. The sales commission earned on a long drawn out sale which includes inspections, appraisals, approvals and piles of paperwork is not restricted by time. The broker and seller have other financial obligations htat MUST BE PAID. I exploit the time value of money.. I have never "lost" on any real estate deal and my favorite morsel are the federal tax laws. I enjoy Long Term Capital Gains and can increase my assets by using real estate instead of the typical ( for most) doing active work and active income which are taxed the highest except at the lowest levels of income.
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