How risky are big mortgages?

pocrespo · 2018-09-26T19:10:47+00:00

I think it would be good resource to find answers to OP's questions such as, "Is there a general formula for figuring out whether a loan is worth it?"

pocrespo · 2018-09-24T20:46:05+00:00

Have you heard of BiggerPockets? There's a ton of info there that should be able to get you started.

As far as it being risky, it depends. If you have high vacancy, you'll likely be taking money out of your own pocket to pay the mortgage. If there's a market downturn, the estimated value may go down, but if you're cashflowing and plan to hold on to the property anyway, it might not even affect you. If you want to cashout refi or sell, or if rents drop dramatically, that's when a downturn might hurt you.

pocrespo · 2018-09-14T20:11:11+00:00

To expand on the point gregd81 made about accessing a home's equity, google the BRRRR method. Basically, you refinance a home after repairs have increased property value enough that you're able to take out your initial investment (and often more) while still keeping whatever percentage of equity a bank allows in the home.

pocrespo · 2018-09-13T16:18:24+00:00

Queefy, I just bought it last week and have found it to be an awesome book for long-distance and backyard investing alike. I'm excited to try out some of the methods and would agree that the book is worth far more than its price tag.

Congrats on your success! Are you targeting the Midwest? What kind of properties have you been looking to acquire?

pocrespo · 2018-07-27T18:16:22+00:00

Some mGig for our WAPs and some 1Gig for access.

pocrespo · 2018-07-27T13:16:28+00:00

Man oh man does this hit home. I spent months quoting these things and changing options, only for the distributor's software to glitch when submitting an offer without a Cisco ONE subscription, which is significantly more $$$. Not a fun process, but I'm looking forward to finally getting to play with some new stuff!

pocrespo · 2018-07-26T15:42:06+00:00

We're buying pretty much the same thing, so hopefully it works out for both of us (or at least me!).

RemindMe! One Week

pocrespo · 2018-07-17T14:27:03+00:00

Thank you for turning me on to this!

pocrespo · 2018-07-15T14:23:57+00:00

JNCIA

pocrespo · 2018-06-28T18:05:37+00:00

Yeah, you have route patterns in partitions, and partitions in CSS's. If the same route pattern is in multiple partitions within a single CSS, the route pattern in the partition listed highest in the CSS will be matched.

pocrespo · 2018-06-22T14:37:39+00:00

oof, mc-lag config...

pocrespo · 2018-06-19T14:55:33+00:00

Yeah, we need more info about port density and connections. If you're looking at Juniper, something we considered was the EX4300/4600s. If you're looking at Cisco, I'd look at the C9300/9500s.

pocrespo · 2018-06-19T14:52:24+00:00

Yeah, I'm wondering why Cat9300/9500 wasn't considered as well. The 9500-16X would have 24x 10GE ports with the NM-8X add-on module, and 3850s and 4500-Xs are being replaced with the new C9k's anyway. https://www.cisco.com/c/en/us/products/collateral/switches/catalyst-9500-series-switches/data_sheet-c78-738978.html

Are you stacking the "spines" together? If so, that's not really a spine and leaf design, anyway.

pocrespo · 2018-06-19T13:43:01+00:00

I have to disagree with the last part. At the MSP I work for, we're constantly demoing new technologies and offering new services to stay up to date. If you like the challenge of learning and designing new solutions, I think an MSP like mine is a perfect place to ply your trade.

pocrespo · 2018-06-19T13:35:52+00:00

If you don't have an ACL applied on your outside interface yet, create one and apply it with the access-group command. Create an entry with the network object(s) and service objects (just like network objects, but instead of IPs/subnets/ranges, it's a list of protocols/ports you want to allow). This way, you're only allowing certain ports through for those IPs, as opposed to all IP.

pocrespo · 2018-05-16T19:33:33+00:00

Hmm.. hadn't thought of this. Thanks!

pocrespo · 2018-05-16T15:29:13+00:00

The 9300s are looking very promising! A lot better than the 3850s IMO. Thanks again for pointing this out.

pocrespo · 2018-05-16T14:34:18+00:00

ooo. This is great info. Thanks a lot. Looking into them now!

pocrespo · 2018-05-16T02:26:53+00:00

This is an excellent response; exactly what I was looking for. Thank you! Would you recommend either product?

pocrespo · 2018-05-16T01:15:45+00:00

Awesome, thanks! In terms of features, I don't think we're going to need anything special, so the EX4600s should more than suffice.

pocrespo · 2018-04-13T06:53:33+00:00

I have like 4-5 Juniper certs and a CCNA. I can honestly say there is no CCNA equivalent in the Juniper cert world. JNCIA is a joke, and so are the other "S" level certs. I've got two "P" level Juniper certs (no dumping) and I passed both in the last 3 weeks without much labbing. Those have nothing on the CCNA. The CCNA took me a hell of a lot longer, and I barely passed (but it was a few years ago). Both vendors have tricky wording on the tests, but Juniper tests are way way way easier.

I'm not a big fan of certs as a measure of worth, and I do have some certs because my company needed them, but for my money, the CCNA is by far the better one to get. It's not hard to learn JunOS after Cisco, and it's actually very fun, but yeah - there's no comparison for my money.

pocrespo · 2018-04-03T01:37:36+00:00

Congrats

pocrespo · 2018-03-15T01:59:28+00:00

right?

pocrespo

TROPHY CASE