Daniel Bretzke

• Manage |RSSReal Estate Agent Mastermind Group
• Manage |RSSReal Estate Bloggers

Yes, the world of newspapers will so go the way of the typewriter. For rentals I stopped using the newspaper four years ago. Most of the people I talk with look for real estate online. With an iPhone, I am finding that I can leave posts, read news from blogs that is fresh, research property information and communicate everywhere. Advertising in a newspaper is a bit stale.

I have found in my group of investor friends, it has stopped refinancing of their personal residences as well, as if they have five loans, then they are over the limit. It is true that smaller banks will loan over the 10 loan limit, but even the small banks under writters are cautious and tend to follow the national trends. I have one friend who has seventeen mortgages. He is still successfully selling and buying as he does not over pay, and when he sells it is the best house on the market for the money.

I have found in my group of investor friends, it has stopped refinancing of their personal residences as well, as if they have five loans, then they are over the limit. It is true that smaller banks will loan over the 10 loan limit, but even the small banks under writters are cautious and tend to follow the national trends. I have one friend who has seventeen mortgages. He is still successfully selling and buying as he does not over pay, and when he sells it is the best house on the market for the money.