Foreclosure Home
2009-09-28 19:25:00 When it comes to buying a foreclosure home it is important to understand the pros and cons of this type of real estate transaction. While you might be lucky enough to find a foreclosed house in perfect condition, chances are high you will need to engage in physical labor to get the property back in good condition. Before beginning your quest for the perfect foreclosure home, it is a good idea to apply for pre-qualified home mortgage financing. Doing so ensures you are qualified to buy the property and provides extra bargaining leverage when it comes time to make an offer.
Real Estate Investing Keys to Know
2009-09-17 21:40:00 It is likely that you think of a number of things when you hear the words real estate investing. You might immediately leap to real estate investing being real estate portfolios and real estate retirement plans or you may think instead of short sales, bulk reo investing and virtual real estate investing. Likely you also ...
Real Estate Investing Tools & Tips
2009-09-16 14:42:00 The term real estate investing likely brings a number of things to mind. You might immediately leap to real estate investing being real estate portfolios and real estate retirement plans or you may think instead of short sales, bulk reo investing and virtual real estate investing. Likely you also wonder how these things will factor ...
Real Estate Investing in 2009 And Beyond
2009-09-14 16:08:00 A number of things likely come to mind when you think of real estate investing. Depending on how familiar you are with real estate investing already, you might think of real estate portfolios and real estate retirement plans, or you might focus on short sales, bulk reo investing and virtual real estate investing. You likely ...
You paid HOW MUCH to learn about Real Estate Investing?
2009-03-11 04:32:00 I bet I talk to 4 or 5 potential investors per month who have spent CRAZY money to learn real estate investing. They spend their hard earned money to go to seminars, buy tapes, and read books just to get MORE excited about spending MORE money to go to MORE seminars so they can buy MORE tapes and books. Don't get me wrong, education is a beautiful thing. I wish I had more. But... when I see regular people spending $3000, $7000, as much as $30,000 dollars on so called GURU MENTORING, and still have yet to purchase a property, or receive a dime in cash flow it makes me wonder WHAT THE HELL ARE YOU THINKING! They all know the proper terminology like CASH FLOW, CAP RATE, and POWER TEAM but are still in danger of making bad purchases in bad neighborhoods due to unbridled enthusiasm and unscrupulous property sellers. WHAT'S THE ANSWER? I am glad you asked! Join an investor networking group. Share thoughts, hear about mistakes, and ask questions from your peers. You will learn a lot. &nb...
Rules of Success 4
2009-03-09 03:48:00 Bob Parsons CEO & founder of www.godaddy.com rules of success numbers 13-16. 13. Never expect life to be fair. Life isn’t fair. You make your own breaks. You’ll be doing good if the only meaning fair has to you, is something that you pay when you get on a bus (i.e., fare). 14. Solve your own problems. You’ll ...
Rules of Success 3
2009-03-05 07:36:00 Bob Parsons CEO & founder of www.godaddy.com rules of success numbers 9-12. 9. Measure everything of significance. I swear this is true. Anything that is measured and watched, improves. 10. Anything that is not managed will deteriorate. If you want to uncover problems you don’t know about, take a few moments and look closely at the areas you ...
Rules of Success 2
2009-03-03 01:34:00 Bob Parsons CEO & founder of www.godaddy.com rules of success numbers 5-8. 5. Focus on what you want to have happen. Remember that old saying, “As you think, so shall you be.” 6. Take things a day at a time. No matter how difficult your situation is, you can get through it if you don’t look too ...
Hit a Home Run in Real Estate Investing with Jim Eisenreich!
2009-01-22 04:28:00 Photo GalleryDescriptionTired of sitting on the bench and watching everybody else make money in Real Estate?Missouri Real Estate Exchange has just added Jim Eisenreich to its staff of Real Estate Professionals.Jim Eisenreich, is a former Major League Baseball player with a 15-year career from 1982?1984 and 1987?1998. He played for the Minnesota Twins and Kansas City Royals of the American League, and the Philadelphia Phillies, Florida Marlins and Los Angeles Dodgers of the National League. He played first base, outfield and designated hitter.Jim has been involved with Real Estate Investing for the past 5 years and brings a practical knowledge to help the inexperienced investor avoid the potential pitfalls of investing. Jim, along with Missouri Real Estate Exchange, currently has access to 100's of great deals for the investor. Buy & Hold, Buy & Flip and Lease Option properties are available now with lots of profit, equity and cash flow.So get off the bench and get into the Major Le...
Nouveau Riche path for Real Estate Investing
2009-01-07 15:48:00 Nouveau Riche teaches about Real Estate Investments. Nouveau Riche merge Community Benefit Companies and education that helps people to build wealth through flourishing Real Estate Investing, and it also provide the resources and support to start investing. Nouveau Riche Real Estate Investment College helps you to become a Real Estate Investor. Nouveau Riche is entirely dedicated to constant
By: Fast weight loss
Reasons For Real Estate Investing in Philadelphia
2008-12-27 15:37:00 Considering investing in Philadelphia residential real estate? Despite news reports about a downturned real estate market, there is no better time than today to get started.Factors to consider when choosing the best real estate investment opportunity include:? How long you want to hold the property? What areas are the best for your situation? Whether you want to "flip" the property or develop and improve it over time while renting to a tenantIf you plan to purchase Philadelphia real estate and rent your property, you may want to invest in Philadelphia's developing neighborhoods, such as the Art Museum neighborhood, including the communities of Franklintown, Spring Garden, Fairmount, Brewerytown, and Francisville. These areas are enjoying a renaissance that attracts young professionals eager to increase property values.For many Philadelphia real estate investors, the best neighborhoods are those in close proximity to the city's major medical schools, including Hahnemann Medical Col...
By: definition bonds
Short Sale Real Estate Investing
2008-12-27 15:36:00 Short sale real estate investing is defined as purchasing a property from a lender for less than the balance owed on the mortgage. Many books and courses have been written about it, but can short sale real estate investing be simplified? It can!There really are only two types of short sale real estate investing. First, when you purchase a property that a lender has foreclosed on and listed with a Realtor, you can offer less than the balance that was due on the foreclosure. This type of short sale real estate investing requires that you have a good relationship with the right Realtor.Look for the Realty office in your town that handles the majority of foreclosures, and look for the agent in that office who works with investors and short sale real estate investing. When you find that agent, you?ll want to impress upon them that you intend to follow through on all your offers. Then, do exactly what you say you will. That?s your ticket to the short sale real estate investing gravy train...
By: definition bonds
The Financial Crisis, Your Emotions, and Your Money
2008-10-05 13:26:00 These days, all you have to do is read the paper or turn on your TV and you will think that your money, especially your investments, are rapidly becoming worthless. Even many of the so-called financial gurus, such as Suze Orman, are telling you to get out of the markets, especially if you “feel” ...
Real Estate Investors Fall Victim to Foreclosure Crisis
2008-06-09 12:57:00 When the slump in the real estate industry started to result in millions of homes entering foreclosure, there is another group of people who faces big problems in the form of taxes. These are the buyers who have purchased second and even third homes for investment purposes.
Commercial Real Estate Investing - The Refinance Nightmare
2008-06-08 19:28:00 Howdy from the metropolis of Cedar Crest, New Mexico. I just got back from my father-son retreat with my boys Colt (9) and Dakota (7). It was fun to hang out with other fathers but it was a lot more fun to be with my boys when they wanted to hang out with me. I was competing with their friends for time. What is up with that? When did I become ?not cool?? I am thirty seven years old! I am too young to be ?not cool? ?right? Anyway?. I am currently refinancing my shopping center in Southwest Texas. I am on my second attempt to refinance and I have been trying to do so for six months now. The shopping center is a solid performer with regards to cash flow, tenant strength and occupancy (100%). It is also in a great city with regards to the local economy. So?what is the problem? Where do I start? There are a plethora of items that I did not see coming…NO ONE did. But from what I understand?.my mortgage broker(s) are telling me about a ?perfect storm?: Interest rates are ...
Foreclosure Prevention Tip: Downsize Summer Vacation
2008-06-04 11:15:00 With summer here, it is only natural for families to think about spending some quality time before another school year begins. But with the rising cost of living and fuel prices, some families have considered downsizing their summer vacation.
Is Real Estate Investing For You?
2008-06-03 18:17:00 Learn whether or not real estate investment is for you with this short video. Full Article
Real Estate Investing Article Worth Reading
2008-06-03 15:30:00 One of my favorite writers, Liz Pulliam Weston, over at MSN Money has written a new article about being a landlord. While being a landlord is an excellent way to invest in real estate and save for retirement, it is by no means easy. She discusses a few things in this article. Looking for rentals? Why not search here?If you're looking for advice on being a landlord, head over to Landlord Landmines.
Financing the Investment Project: Leaving Nothing To Chance
2008-05-27 16:48:00 The importance of financing is so great it pays to leave nothing to chance and assumption. Knowing the local lenders and what they like to invest in is critical to finding the right lender for your investment project. Also, presenting a compelling case to the lender is important. These two aspects lay the foundation for creating a successful project. This goes back to preparation and research. You might also want to research private financing, which entails knowing wealthy people, or knowing someone who knows wealthy people. Having a good idea of what’s the favored investment in a local area will no doubt play a part in the choice of the investment project. But if you have followed advice and have become knowledgeable of your area, you should have a good idea about trends and the financing possibilities. You have also, no doubt, become knowledgeable enough to exude confidence when you present a project to be financed. It also pays to have gathered support from influential peop...
From Pre-Foreclosure to Pre-Trial Hearings
2008-05-25 23:57:00 BEWARE! BEWARE! BEWARE! I am quite sure that many of you are staying abreast of the new laws regarding dealing with sellers and properties on their way into foreclosure status. On my side of the country it is especially critical to follow all guidelines of the pre-foreclosure business. Those who are choosing to take their chance are finding themselves in JAIL. These not so new but recently enforced laws have real estate investors chasing the same agents they kicked to the curb years ago. In Maryland, we can not make contact with any home seller who is 60 days or later past due on mortgage payments. Only a real estate agent has the authority to make such contact. Now all of the sudden real estate investors in deep negotiations with sellers who are in similar situations must immediately cease fire. I would jump out and say that 65% or more active investors have some dealings with pre-foreclosure homeowners. On top of that, 100% of real estate investing courses promise to keep...
Renters and Foreclosure
2008-05-23 21:00:00 No, I am not talking about people renting after being foreclosed. I am talking about the risks renters face when their landlord is foreclosed. When a non-commercial note secured by residential real estate is foreclosed the tenants have no rights. Nope, not even if there is a lease. They get evicted unless the new owner agrees ...
By: Investing Notes
The Best Way To Make Money
2008-05-23 17:08:00 We’ve all read it in the various materials and heard them say it at seminars. Who is “them”? The gurus. How many times have you read or heard someone say, “The best way to make money is in real estate! It is how the rich really do it! Look at Donald Trump, that is how he ...
By: Investing Notes
My Advice? Buy a FourPlex
2008-05-22 16:17:00 Community First Financial talks to many of investors every day and there are some thoughts I would like to share with you on our experiences with investors, particularly first time investors. One of the top questions I hear from investors is, What would you do? If I could start my investing life all over again I would buy a FOUR PLEX as my first home. And when I say first home I mean first home. Most people buy their single family house, live in it as their primary house, then look to buy their first investment property. For those that are flexible and motivated I suggest you buy a 4 plex as your first primary home and investment property. Here is why owner occupied 4 plex makes sense: Qualifying for a first time home buyers loan on a primary residence easier. You need less money down. Rental income helps qualify. You now have a primary home and an investment in one transaction. Potential cash-flow or you could pay for your primary unit with the other three units cash-flow. Wh...
Self Directed IRA's and Real Estate Investing
2008-05-20 14:00:00 I had read a Robert Kiyosaki book (I don't remember which one) quite some time ago about investing in real estate with IRA money. I didn't know how it worked and frankly, forgot about it. Until, that is, I read the book he wrote with Donald Trump, "Why We Want You To Be Rich" . I began investigating how to go about leveraging IRA money and how it worked. This was a personal interest I had because my husband and I had gone through 2 downturns in the economy and saw our IRA balances dwindling. Of course, they rebound, but we felt to out of control and frustrated with what was happening to our future. We decided we no longer wanted to play the "blame game" and bemoan our fate. If there was a way to be in the driver's seat, I wanted to be there. Anyone who drives/rides with me knows I don't make a wonderful passenger. To the point that when my teenage sons began to drive, one of them tactfully told me that it helps him to be i...
Oh No! Say It Isn?t So! How Will We Refinance!
2008-05-17 16:37:00 Dramatic huh? But, that is what gurus are screaming about the recently announced change from Freddie Mac on refinances. A similar change is expected from Fannie Mae. What is the change? They will not allow a refinance if the property has been in an LLC any time over the last six months. But, not to worry, these same ...
By: Investing Notes
Real Estate Investing? Be Patient!
2008-05-16 00:22:00 I talk to hundreds of investors every month and there are some thoughts I would like to share with you on my experiences with investors, particularly first time investors. The question I hear the most for our investors is, How do I to get ready to start investing? The answer for me is two parts. Are you ready to invest? Are you patient? The key to investing is to be prepared financially, physically and emotionally. Financially - Make sure you have your credit in order and you have an understanding of the financial commitment in order to invest. Understand cash flow, entry strategies and exit strategies for real estate. Have your financial advisor’s in place, loan officer, CPA and real estate attorney. Physically - Can you move into your investment at any time? Do you have a property manager? Will there be any work that needs to be done to your property? If you are not ready to get physically invovled with your investment do you have the people in place to help? Have the ...
Real Estate Investing In A Rental Village
2008-05-13 16:37:00 Not too long ago I went to a neighboring town to check out an investment possibility for an investor I work with - rental subdivisions. The owner had built these homes in a college town 15 years ago and they were all basically the same style, cottages — some 2/2, some 3/2, 1400 sq ft and 1600 sq ft, respectively. This particular deal didn’t work out because the owner wasn’t budging on price and the numbers didn’t quite work out — I think he was basically satisfied to sell them one by one unless he could get his price for all of them, but it got me to thinking. If it’s true that rentals will increase for awhile because of buyer caution and lender tightening, these, what I call rental villages, might be a good investment. Two reasons I think they might be a good investment are lower construction costs in this market and lower land cost. I looked online and found a cottage design that to me would be perfect — attractive and not too difficult or...
Your Life May Depend On Your Credit Score
2008-05-10 23:46:00 According to the National Score Index for credit score stats, the average American credit score is 678. If your score is under 620, then you will most likely have a tougher time getting a loan. Below you will find the score ratings and the meanings: 720-850 - Excellent - This is the best score range and you get ...
I Found Them!
2008-05-09 22:48:00 I have been lurking and posting at various forums looking for a very specific person. The person I was looking for is… New to investing Average resources Little (preferably ZERO) consumer debt Holds a job Does not see a job as something for losers Not afraid of hard work Willing to learn Ethical beyond question A self-starter and self-motivator Able to complete tasks with little or ...
By: Investing Notes
The Lazy Man?s Way To Real Estate Investing
2008-05-09 19:16:00 American investors can thank an Australian investment vehicle for letting them invest in real estate the lazy way. Officially born in 1971 in the land down under it was, and still is, known as the Real Estate Investment Trust (REIT). When I was a stock broker, some of my clients fell in love with this income producing product because they quite often paid higher yields than stocks or bonds. They also were and still are highly liquid. The REITs with sound properties in their portfolio not only paid like clockwork but paid well. The same holds true today even though the market has been whacked around a bit. I am not advocating anyone or everyone become a REIT investor. While I still like them, I prefer to slog around neighborhoods looking at potential inventory and doing the attendant research. My son on the other hand is the true lazy American. He will let someone else do the work for him. REITs are perfect for him. For those who may not be familiar with real estate investment trust...
IRA Real Estate Investing Strategies
2008-05-08 23:40:00 Ask yourself these three questions to determine your self directed IRA investing strategy: You should ask yourself three questions about tapping into your IRA for investing in real estate: Are you a risk taker, very conservative, or somewhere in the middle? By knowing your investment personality this will guide you in what type of real estate you ...
Cardea Commercial Tenant In Common Real Estate Investing
2008-05-08 23:22:00 Real Estate investing has long been proven as the pathway to successful wealth building. There is a huge success that awaits those who are able to capitalize and weather through the rough patches of a real estate down turn and the rewards for these brave real estate investors can be even more than with ...
The Real Estate Investor Buying Process
2008-05-08 21:55:00 The Investor Buying Process 1. Build your TEAM If there was one thing that will make a difference between a good experience/deal or a bad experience/deal…it is your team. Your team could consist of a Real Estate Agent, Mortgage Broker, Title/Escrow Agent, Insurance agent, Home Inspector, General Contractor, Real Estate Attorney, and the list can go on. We are going to start with the most important…and that is your Real Estate Agent and Mortgage Broker. So how do you know the difference between a good team member and a bad one…we recommend the book Rich Dad’s Real Estate Advantages …in chapter 5 it covers some of the questions to ask and what to look out for. We have listed a few of these questions for you?. 2. Your Exit STRATEGY (& Credit) = Loan Options You need to start with your exit first. If we break down your exit strategies, they will fall into 2 categories?cash flow or capital gains. What is the difference? My parents have a ranch a...
House Approves Local Government Real Estate Investing Venture
2008-05-08 19:26:00 Real estate investors may find it harder to buy foreclosed, particularly the fixer-uppers, due to an unexpected entrant, the state government. It hasn’t become law, so there is still time to grab up those properties now, but if the bill passes, local governments will be allowed to buy foreclosed properties and start their real estate investing venture, of course, at the taxpayers expense. The House approved sending states $15 billion to buy and fix up foreclosed properties, passing by a vote of 239-188, with most republicans voting against. The bill will provide loans and grants to areas hit hardest by the housing crisis, so not all neighborhoods will be treated the same. in fact, I am guessing that the government will pick those areas that they can gain the most from. This is a separate bill from the Barney Frank fiasco (HR 5830) that is set for vote later today. The only good news is that President Bush has vowed to veto both if they make it to his desk.
Using Your IRA To Invest In Real Estate
2008-05-06 23:36:00 Did you know that there are many people quietly using their IRA to invest in Real Estate? IRA real estate investing has not been a known term until recent years. A long standing IRS ruling allows everyone to invest their IRA funds into a self-directed IRA. The taxes due on the growth of the investments are ...
Buying Real Estate with your IRA account for a return on investment
2008-05-06 16:25:00 Buying Real Estate with your IRA retirement account for a return on investment BrokerIPTV: We are talking with Amy Sheflin today, marketing coordinator of The Entrust Group and welcome. Thanks for being with us. Amy Sheflin: Thank you Dan. BrokerIPTV:...
Eric Sachs on the ins and outs of Real Estate in Costa Rica
2008-05-06 15:55:00 A broker for Infinity Group Realty-Eric Sachs discusses real estate opportunities in Costa Rica. BrokerIPTV: Today we are talking with Eric Sachs, owner and broker for Infinity Group Realty and thanks for being with us. Appreciate that. Eric Sach: Thank...
nfinity Group Realty 's Eric Sachs on Costa Rica real estate tips and pitfa
2008-05-06 15:50:00 Eric Sachs of Infinity Group Realty elaborates on the core of their company and real estate investment in Costa Rica. BrokerIPTV: We are talking today with Eric Sachs, owner and broker of Infinity Group Realty and welcome. Eric Sachs: Thank...
Amy Sheflin-Using your IRA to puchase real estate
2008-05-06 15:35:00 Amy Sheflin talks about using your IRA to puchase real estate and grow your wealth BrokerIPTV: We are talking today with Amy Sheflin from The Entrust Group and Amy thanks for being with us, appreciate that. Tell me a little...
Adjusting Your Real Estate Investing Strategy for the Decline
2008-05-05 22:05:00 This is a good resource to look at when you are looking to get into real estate investing, or you are struggle with investing in this downward market. Check it out, it helps you to understand that there can still be a lot of money made, even though the price of homes are dropping rapidly. read more | digg story Internal Tags: real estate investingreal estate investingBookmark, Share or Email this article.
Is real estate investing coming back?
2008-05-05 14:27:00 I have been on the lookout for some new real estate investments during the last few months. Most of the time, I have been met with unrealistic prices and expectations from the sellers. They still dream of the good ol days of 2005, where they could pick a number out of the sky and watch multiple bids come in. But now, things seem to be slowly coming back to earth. Whether it be a short-sale, or more favorably a seller that just needs to get out of a property, prices are starting to get to the levels where investors can consider coming back in and establishing sound rental properties. Based on the dynamics of the still depreciating market, rehabbing may be a little ways off, but rentals are starting to look attractive. I looked at a few houses this weekend in the D.C. metro area and after running the numbers, there are a couple that will receive offers. Of course, they will not be at asking price. I still believe that offers should be at about 80% of asking price, depending on...
Is real estate investing coming back?
2008-05-05 14:27:00 I have been on the lookout for some new real estate investments during the last few months. Most of the time, I have been met with unrealistic prices and expectations from the sellers. They still dream of the good ol days of 2005, where they could pick a number out of the sky and watch multiple bids come in. But now, things seem to be slowly coming back to earth. Whether it be a short-sale, or more favorably a seller that just needs to get out of a property, prices are starting to get to the levels where investors can consider coming back in and establishing sound rental properties. Based on the dynamics of the still depreciating market, rehabbing may be a little ways off, but rentals are starting to look attractive. I looked at a few houses this weekend in the D.C. metro area and after running the numbers, there are a couple that will receive offers. Of course, they will not be at asking price. I still believe that offers should be at about 80% of asking price, depending on...
Carnival of Real Estate Investing: It?s Back, 88 Times Over!
2008-04-28 18:28:00 Hey Everyone and welcome to the 88th Edition of the Carnival of Real Estate! This week, we had 23 submissions and I’m going to share with you 14 of the ones I think are most interesting. Top Pics Will’s Why I Still Love Real Estate Investing: Being A Landlord on the Your Finish Rich Plan blog, talks about the pros, cons, drawbacks, and discusses many tips for the wanna-be landlord. The post is quite thorough, and a definite read for any potential landlord! Neelakantha’s 101 Tips & Resources for the Upside-Down Homeowner is a comprehensive list of tips and resources for homeowners who are upside-down on their homes. (International Listings Blog) Quick Reviews Cliff Jacobson shares his list of the Top Ten Foreclosure Myths at the WebHomeUSABlog. While the list is a good one, it appears as though the list concentrates on REOs (bank owned properties), and not those properties that are in foreclosure, but haven’t gone to auction yet. Dan Melson ...
Are You the Vulture or Are You the Prey?
2008-04-24 17:11:00 In this economy, one thing is for sure, you are either the vulture or you are the prey. I am guessing most of you are the prey. Why? Quite simply, you have not prepared yourself for a financial crisis in your lives; the impending job loss, increased cost of living, business going bankrupt, you name ...
Real Estate Investing ? The Best Place To Start
2008-04-22 05:29:00 The best place to start when you are investing in real estate is to learn and learn then learn some more. Learning everything you can about investing can help avoid problems down the road. Buying real estate is a major decision and it would stand to reason that it should be a well ...
Is the Time Right to Invest in Real Estate? Chicken Little vs. PollyAnna
2008-04-19 17:41:00 If you’re considering real estate as an investment, there’s one thing you’re guaranteed to hear: Now is not a good time. Your brother-in-law, your best friend, and your Great Aunt Minnie (who keeps her riches in a cigar box under the doghouse) will all surely recite text and verse. The time for real estate is over. No one can make any money in this market. If you’d just invested back in ‘93, then maybe… Let’s start with an over-generalized, highly categorical statement that will surely cause twitching amongst the congregation: There are no bad times for real estate investment. And furthermore: Today is always a very good time to get started. Let’s Discuss Real estate is a diverse investment with multiple areas of interest. Saying you want to invest in real estate is similar to announcing you want to fly. O-kay… fly how? Are we talking single engine aircraft? Jet fighters? Helicopters? Or were you hoping to sprout wings? In the...
Five Additional Steps of Due Diligence When Buying a Rental Property
2008-04-18 15:17:00 Due diligence is a term used for a number of concepts involving either the performance of an investigation of a business or person, or the performance of an act with a certain standard of care. It can be a legal obligation, but the term will more commonly apply to voluntary investigations. A common example of due diligence in various industries is, the process through which a potential acquirer evaluates a target company or its assets for acquisition. ? From Wikipedia It is important to not only know what due diligence is, but how everyday investors make it work in their favor when buying a home. Proper homework can not only eliminate some of the risk when buying, but it can also lead to a better return on your real estate investment. An article is not enough to outline the various forms of due diligence one could perform on a real estate transaction. However, here are five simple but important steps to take when buying a rental or investment property: Neighborhood - Once you have...
Three Factors that Limit Real Estate Appreciation
2008-04-14 00:30:00 Last week, someone posted a question about whether or not geography was a factor to Texas not appreciating like the rest of the country in recent years. It got me to thinking and I recalled a local presentation (Dallas) I had done in 2006 where I addressed that very question. In Texas, there are three main reasons the appreciation never came close to matching most of the country. In fact, Texas didn?t even see double digit appreciation. Here are the three reasons that Limit Appreciation: Lack of Union Presence In 2003, I walked through a house in Minneapolis to give my friend who had bought it, some advice on rehabbing it. I suggested he have the drywall replaced in most of the house. He objected and said the cost of the labor would be too expensive. I asked him, ?What is expensive to you?? He told me that drywall labor cost around $25 per hour. I fired back and told him that drywall labor should not cost him more than $10 per hour. After he finished laughing at me, he informed me...
Real Estate Investing - Get Motivated Sellers Calling.
2008-04-12 21:13:00 Proven Marketing Product For Real Estate Investors. High Converting Sales Process. $78.80 Commission!
By: The Mall Blog
Would You Like $7,000 in Tax Credits?
2008-04-12 20:45:00 How would you like to receive tax credits totaling $7,000? Sounds good, doesn’t it? Well, the Senate’s recent passing of a housing bill could do just that. These are tax credits folks, not tax deductions. That means a dollar for dollar reduction in your tax bill, with the ability to carry over any amounts in excess ... |
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