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Good reading on zoning and sprawl

Happy Monday! Have recently read two great, short pieces on the effect of terrible zoning on cities, in general, and LA, in particular: David Leonhardt’s interview with Matthew Yglesias in the Times. Yglesias talks about how parking requirements and artificial limits on density conspire to drive up the cost of housing (and, thus, living) in

Why do people hire dumb brokers?

Buying a home or income property is a big deal. You’re committing a chunk of your (or your family’s) hard-earned capital, plus taking on an enormous amount of debt. All kinds of things can go wrong, from structural problems, to tenant issues, to badly structured loans, to city inspection concerns, etc. So why do people

All about FHA loans, with Justin Brown, loan broker

[MK: You really, really can buy income properties with as little as 3.5% down through FHA loans. Interested? Read on.] We’ve spent so much time talking about FHA loans, I figured I’d bring in a pro. Meet Justin Brown of Nu Home Financial. Justin’s a loan broker who has recently done some very good work

My problem

I have a problem: I find good deals every week but I don’t have the money to buy them all myself (even though I want to!). So my solution is to find like-minded people who want to own apartment buildings and help them buy the deals I find. But how do I find these wonderful

What real estate success looks like

So far on this blog, we’ve spent most of our time talking about buying your first building. But what does the end-game look like? One thing to understand about real estate is that there’s literally no limit to how big you can get. If you’re disciplined about saving money and re-investing, you can keep growing

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