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Real Estate Investing for Real - A BiggerPockets B![]() Real Estate Investing for Real - A BiggerPockets B Real Estate Investing News, tips, advice, and much more. Articles
BiggerPockets Highlighted in Los Angeles Times Article About Real Estate Bl
2008-02-10 12:13:00 Several weeks back I was contacted by Ann Brenoff, a staff writer at the Los Angeles Times, who was going to be writing an article about real estate bloggers. Ann interviewed me and I did what I could to help her find out more about the real estate blogging world. We discussed the ... More About: Estate , Real Estate , Article , Real
Managing Tenants Part Three: Written Criteria for Tenant Selection
2008-02-09 14:46:00 Success as a landlord depends on screening tenants-weeding out the Naughty and renting to the Nice. Awareness of (and compliance with the Fair Housing Act is not only necessary, but essential to success for any rental business. Adopting a set of written criteria for tenant selection is one of the best (and easiest) ways to ... More About: Part , Selection , Written , Tenants , Criteria
How Does a Dick Become Rich? A Real Estate Success Story
2008-02-08 22:49:00 With an economic crisis getting worse and worse, a housing bubble, doom and gloom everywhere, foreclosures, and subprime blowups, find out how you can take advantage and become rich with real estate. Enjoy the video, then pass it on and spread the love! Advertisement: Real Estate Investing Forums Discuss real estate, network, or learn about investing ... More About: A Real Estate , Story , Rich , Real Estate
What Do Home Buyers Want?
2008-02-08 15:58:00 I was thinking this past week: what is it that home buyers want? Of course, each individual is different and has specific needs. But overall: are there general themes that dictate what buyers are looking for right now? If there are, think of the potential power in real estate investors? hands: We?d know what we ... More About: Real Estate Investing , Home Buyers , Home , Buyers
How investors can take advantage of the Feds rate reduction!
2008-02-07 13:45:00 While the Fed Funds Rate reduction does not directly affect mortgage rates it does have an impact on the interest rates investors utilize. When we read in the paper about how the Fed has slashed interest rates, the rate that has been cut is the lending rate between banks and other depository institutions. As the ... More About: Investors , Reduction
The Perils of Being a Realtor
2008-02-06 19:52:00 While many of us sat and watched the Super Bowl, Lindsay Buziak, a 24-year-old BC real estate agent, was found dead in a vacant Gordon Head home. She had been lured to a home under the pretense of a potential sale, and she was murdered. The home at 1702 De Sousa Pl. is described as ... More About: Realtor
Mortgage Fiasco Credit Crunch Spreads To Best Borrowers
2008-02-06 15:00:00 Once upon a time, having sterling credit meant that banks and other lenders valued your business. No more. The subprime mortgage mess is now impacting even those who spent years building up their credit record, because banks are running scared. A just released Federal Reserve study shows that: “About 55 percent of domestic respondents indicated that they ... More About: Credit , Mortgage , Spreads , Mortgages , Crunch
First Time Real Estate Investors? Excitement and Fear
2008-02-05 23:52:00 When the decision is made to start looking for that first investment property it can be exciting and frightening. Both excitement and fear are good teachers if we do a little analysis to discover how they affect decisions. When you arrive at the level of investing it?s wise to understand emotions. I could give ... More About: Estate , Real Estate , Real Estate Investing , Time , Fear
Getting Started In Rehab Real Estate
2008-02-05 12:00:00 You want to rehab houses, but where do you start? We see the fix-and-flip “reality” shows that, somehow, manage to have no basis in reality. How hard can it be to buy a house, rehab it, sell it, and retire to a life of luxury on the French Riviera? On TV, it all happens in ... More About: Rehab , Estate , Real Estate , Real , Flipping Houses
A Disgruntled Developer Tries to Get Back Commissions Already Paid to Agent
2008-02-05 01:23:00 A Miami-Dade County, Florida developer, Related Group, has filed multiple lawsuits in the past month against real estate brokerages seeking the return of commissions on deals that fell through. The amount in controversy, which exceeds $460,000.00, is tied to commissions advanced by Related Group to the named-defendant brokerages on at least 19 sales contracts ... More About: Agent , Real Estate Investing , Developer , Commissions , Paid
New York Rental Rates Fall! When Was The Last Time You Saw That Headline?
2008-02-04 18:40:00 It was bound to happen sooner or later. The real estate bust of 2008 is finally having an impact on one of the last hold outs, New York City. Manhattan, in particular, seemed all but immune to the current subprime mortgage mess mostly because foreign buyers were able to take advantage of the declining value of ... More About: Rental , Time , Rates
Managing Tenants, Part Two: Steering Clear of the Fair Housing Act
2008-02-02 13:02:00 “No person shall be subjected to discrimination because of race, color, religion, sex, disability, familial status, age, or national origin.” Housing discrimination isn’t a joke. It’s against the law and narrow-minded landlords who refuse to rent to those belonging to protected classes can find themselves on the wrong end of a well-deserved lawsuit. Of course, you’d never find such low-life scum around here, ... More About: Fair , Part , Clear , Tenants
Homeowner Bankruptcy: When Lenders Hope for it
2008-02-01 18:47:00 Bankruptcy, or the ?B? word, is one of the few words that lenders fear. It usually means that it will take several months before they will begin to see any money from a homeowner. When a homeowner is in foreclosure and they file for Chapter 13 Bankruptcy, it effectively freezes the foreclosure and costs ... More About: Bankruptcy , Hope , Mortgages , Lenders , Homeowner
How I can fix the mortgage mess
2008-01-31 22:38:00 I wanted to give a prospective look into fixing the mortgage mess from a variety of view points. Below is the position I would take if I were given the chance to make the decision: If I were the Federal Reserve, I would help fix the mortgage mess by lowering interest rates. Both the Prime ... More About: Commentary , Housing Bubble , Mortgage , Mess
Short-Term Fix, Long-Term Worry?
2008-01-31 16:46:00 Okay, NAR, we understand what you?re trying to do. You?re a big organization, and you?ve obviously got some congressional clout. Included in the recently proposed Economic Stimulus Plan, the NAR has lobbied for higher loan limits from both Freddie Mac and Fannie May; higher loan limits will also be applied to FHA loans, which are ... More About: Economy , Real Estate Market , Worry , Short-term , Long
How to Score Big! The Truth Behind Credit Reports and Your Credit Score.
2008-01-30 21:37:00 As interest rates continue to plummet millions of Americans will flock to their lender to refinance and many of those will find that their credit scores prevent them from taking any real advantage of those new low rates. Borrowers that financed when rates were low previously, and their credit scores higher, were able to get ... More About: Truth , Credit , Score , Ruth , The Truth
Foreclosures Way Up In 2007. A Time For Professional Advise
2008-01-30 16:49:00 Foreclosures are up 79 percent! Now that’s something. And that is exactly how much the foreclosure rate in this country increased by in 2007 from the year before. The latest figures from RealtyTrac paint an even darker picture for the near future: apparently lots of folks just began falling behind on mortgage payments since November, ... More About: Foreclosures , Time , Professional , Fess
BREAKING: Subprime Debacle Goes Criminal. FBI Investigates 14 Companies
2008-01-30 01:00:00 It was bound to happen. The subprime mortgage fiasco is now the target of investigations by several law enforcement organizations. The FBI today announcing it is looking at 14 companies—companies that may have committed fraud in the handing out of loans to mortgage borrowers who should not have gotten loans in the first place because of ... More About: Companies , Criminal , Breaking , Subprime
Getting Your Own House in Order
2008-01-29 12:00:00 I see so many people who are just itching to be real estate investors. However, a common theme seems to be “I want to buy and rehab a house but I don?t have any money.” Not only are they lacking funds for investment, they have little or no income and are hopelessly in debt. Then ... More About: House , Credit , Blogs , Order
Real Estate Closing Costs and Good Faith Estimates
2008-01-28 23:04:00 When I ask “Do you know what it will cost to buy your home?”, I’m not referring to the amount of your mortgage or interest rate. I’m talking about the closing costs, escrows and pro-rated reimbursements that you will have to pay out of your pocket at the closing table. If you are working with ... More About: Faith , Estate , Real Estate , Real , Good
Managing Tenants, Part One: 5 Favorite Lease Clauses
2008-01-26 18:49:00 Like every other landlord, we’ve had a few tenants with Special Needs. My favorite story (given a healthy amount of hind-sight and a Valium or three) involves a well-qualified, newly single business manager who moved into our quaint ?40’s style garage apartment. On paper, she looked like a dream tenant–stable job, good income, decent credit. ... More About: Part , Lease , Favorite , Tenants
The Real Estate Storm: Who is it hurting and why is it here?
2008-01-24 18:21:00 This ?Real Estate Storm ? as I call it, is getting worse. While there are many aspects involved as to what caused the current real estate mess we are in, this article will take a look at the sub-prime mortgage aspect and I will offer my take on the situation. From 2002 until early 2007, lenders issued ... More About: Commentary , Real Estate , Foreclosures
Beware of Fraud Peddling Real Estate Scam Artists, Consultants, and So Call
2008-01-23 19:10:00 There never seems to be an end to the crooks and con artist that prey upon people. I?ve been telling friends and associates for many months that I feel the bulk of the mortgage crises blame falls on scam artist (many posing as mortgage consultants). As the crisis continues, the crooks will undoubtedly come crawling ... More About: Commentary , Estate , Fraud , Real Estate , Artists
Real Estate Agents: Are Litigious Clients Out to Get YOU?
2008-01-23 12:00:00 If you are a real estate agent or lawyer you MUST read this; if you are a recent home buyer you MUST read this. Why? Because we are about to take a trip through the looking glass into a weird world never before explored, a world in which home owners who feel they overpaid for their ... More About: Estate , Real Estate , Agents , Clients , Real
Lipstick on a Pig
2008-01-22 12:00:00 Who hasn?t had the rehabber?s fantasy? Let?s buy that run-down house, fix it up and make a fortune! The problem is that most new investors venture into this arena unarmed. There is the usual problem of paying too much or grossly underestimating the time or money that is needed, but there is another problem as ... More About: Lipstick , Blogs , Flipping Houses
Asian Stock Markets Collapse for Second Day. US to Follow their Lead
2008-01-22 06:25:00 With the US markets closed on Monday, stock markets around the globe were busy losing an average of 5% of their total value. If traders in the US thought that might be an impetus for a selloff on Tuesday, it only got worse as markets in Asia opened today (Tuesday). According to Yahoo Finance, “Japan’s ... More About: Economy , Collapse , Markets , Stock , Asian
5 Reasons Why You Need a Real Estate Attorney
2008-01-22 01:15:00 True Story: Jim and Susan Jones were selling their home in Florida and relocating to Pennsylvania. They had entered into an agreement of sale with a buyer for their home simultaneous to signing an agreement of sale to buy a new home in Pennsylvania. After packing all of their belongings and getting ready ... More About: A Real Estate , Estate , Real Estate , Attorney , Real
Why Interest Rate Drops May NOT Be a Good Thing
2008-01-21 18:53:00 In a recent post on our forums, one of our members noted that she was hoping for a major drop in interest rates from the Federal Reserve. Richard Warren, one of our resident bloggers and real estate geniuses had a great bit of insight on the situation that I thought merited sharing: Don?t be so ... More About: Economy , Interest Rates , Interest , Good , Thing
Why Real Estate Social Networking Has Never Been So Important
2008-01-20 23:23:00 If there ever was a time for real estate investors, and even those just interested in real estate, to social network, this is surely it. The current economic crisis, and it is that, was not caused by geo-politics, or war, or famine–it was caused by banks and other lending institutions lending money to people who could ... More About: Social , Commentary , Social Networking , Estate , Real Estate
The Mortgage Crisis Has a Silver Lining (?and other truths you won?t hear o
More articles from this author:2008-01-19 18:34:00 We’re living in exciting times. Folks all over are blowing the trumpet of doom and despair concerning REI. In fact, the mortgage crisis has almost reached cliché status (we’re anxiously awaiting Rosie to expound on her blog before declaring this a done deal.) Granted, it all sounds pretty bleak and while I’m not trying to ... More About: Economy , Real Estate Investing , Silver Lining , Housing Bubble , Mortgage 1, 2, 3, 4, 5, 6, 7 |




