Michael Albaum

Buying a rental that provides you with $200/mo cash flow is equivalent to having $60k invested in the stock market paying a 4% dividend Oh, and the rental gets you tax benefits Remind me what the stocks give you?

Has anyone invested in Anchorage, AK real estate and would be open to sharing their experience?

Did real estate investing just get easier this week?

What’s the best rate on a primary residence cash out people have seen right now?

Just got quoted an 80% LTV cash out refi on our primary at 5.375% on a 5/6 ARM with $2500 in closing costs…does that seem good right now and if not, anyone got recs for who can beat it?

The Fed has cut rates twice and hopefully a 3rd time today, and the 10 yr continues to climb higher Make that make sense

Do you use a specific credit card for specific purchases based on the points it offers?

We are absolutely headed into a national housing crash Agree or disagree?

If you're looking to buy the S&P500 ETF, does it matter which one you get? FXAIX VOO SWPPX

Is commercial real estate as we previously knew it dead?

Now is one of the best times ever to purchase real estate Agree or disagree?

What rate will cause you to refinance?

@johnkoko707 Not in my experience...the estoppel only confirmed the rent and deposit amounts

@MichaelAlbaum Hmm is this something a tenant estoppel could have addressed?

Just closed on a property and a tenant brought a bunch of repair issues to my attention that they said the old owner about I’m kicking myself for not interviewing every single tenant as part of DD and asking if there are any unresolved maintenance requests 🤦‍♂️ Do you do this?

@Financi86885957 It’s entirely possible as the data is always lagging by a bit, so tough to get anything more up to date, but I’m not sure overall sentiment has changed much since the article, but can only say anecdotally for that

@MichaelAlbaum Ok. Nice. Appreciate it. However, since the 30-year mortgage rate has come down since that article was written in August, is this data not stale? And, I’m assuming mortgage rates will fall further in the next few weeks.

Cancelled real estate transactions just hit an all time high What does that mean to you?

@NorthrupKip Redfin

@MichaelAlbaum Says who?

@Financi86885957 redfin.com/news/home-purc…

@MichaelAlbaum Link?

@vac_capital Such a good one!

@MichaelAlbaum Hope this email finds you well

@DTouchatt Hey Daniel, wanted to send you a message, but looks like your DMs aren't open. I didn't totally follow your video, but in this instance I was able to get seller financing from the current owner as well as a 2nd from the prior owner, so I only brought 7.5% as a DP

@MichaelAlbaum Alot of lenders have tightened up a lot as well. I put this together, because I think you may get value out of it for future buys. I used your 8 Unit example and restructured it with Stack Method. You'd get $18K to buy this deal. youtu.be/yhuUdTb6a-k

Just closed my first seller financed deal as a buyer...ask me anything

@DTouchatt Open to whatever makes sense given the market. I’ve used fairly conventional debt for the past 10+ yrs because it was so reasonable but with elevated rates, creative finance helps make the deal work. This one was $665k

@MichaelAlbaum Are you going to focus more on creative finance or will you use conventional debt as well? What was the purchase price on this one?