Archive for the 'Real Estate' Category

Here’s the headline: Meltdown of real estate company hits ‘A’-list jocks We like to wallow in our self pity by saying things would just be easier for us “if”… …we were handsome or beautiful …we were rich …we had professional advice Etc. I don’t know if you’d describe these professional athletes as handsome, but they [...]

Lots of books on real estate investing talk about checking out property on the internet and buying by “remote control”. So if you’re doing that without actually seeing the property “live”, you could get yourself in a big mess, despite the cheap price. Years of “easy mortgage money” prompted lots of fraud. Here’s how some [...]

Bankers in suits are too polite to come break your kneecaps when you get behind on your mortgage payments. So when there’s a mortgage crisis, they outsource the task to those who are more willing. Actually this type of investing could help both the bank and the homeowner but this “investor” has certainly painted himself [...]

If you’ve ever been through Detroit or Cleveland, you’ve seen some of the most devastated urban decay in the United States. The parts that don’t look like war zones aren’t exactly prosperous. Big union towns once, they’re seeing hard times. Been there? You’ve seen some of the worst of urban America. But where some see [...]

A California real estate investor is going to lose his home plus 9 investment properties to foreclosure according to this report at Reuters Shawn Forgaard, a 37-year-old software company project manager, bought one home for his family to live in and nine more as investments. He stands to lose all the investment houses in the [...]

According to Bloomberg, there’s 650,000 homes in foreclosure in the United States out of 18 million. One real estate investor quoted in the article had this to say: “This country needs a cleansing,” billionaire real estate investor Sam Zell, chairman of Equity Group Investments LLC, said yesterday at the Milken Institute Global Conference in Los [...]

Here’s some information from Apartment Tool Kits if you’re in the Real Estate or mortgage brokering business. Top 7 Characteristics of First Time Home Buyers Survey According to Latest 2007 NAR Survey Purchase almost 40 percent of all residential real estate. They have been the leading edge of home sales since 1995. 51% married; 25% [...]

In a down market or “buyer’s market” people with liquid assets can snap up houses in a flash. The only question is timing… have you bought too high or did you miss the bottom? But if you DO buy some properties, here’s a quick lesson on how NOT to be a landlord from the San [...]

The Senate is trying to “fix” the foreclosure mess and, as usual, offers ideas that will probably make things worse for homeowners. But if you’re investing in distressed real estate, this legislation could launch a whole new generation of late night TV infomercials telling you how you can get rich in real estate. Check out [...]

Jeanette Fisher of Flip That House With Faux has a conference call coming up you may want to be on. As always, do your own due diligence. The topic sounds interesting, however you are ultimately responsible for your actions and investments! ABC Nightline featured a guy who buys over 2,000 houses a year and buys [...]