Archive for July, 2008
Thanks for signing the Housing Rescue Bill Bushy.
What is this legislation supposed to do?
It will allow qualified homeowners to re-fi the existing loan with the current lender for 90% of the current value.
Read Full Post | Make a Comment ( None so far )How to Recover from a BAD real estate market.
This real estate market has been CRAZY to say the least.
If you’re like most other investors then chances are you’re bank account has taken a hit because of the market. I know mine has. So I’ve decided to try something different.
I’ve decided to challenge myself to take $2,000 and turn it into $10,000 over the [...]
What else can go wrong? My Fannie Hurts!
As an investor you should know that rentals are the key to long term wealth in real estate investing. When you buy a property that cash flow’s today, then chances are that this property will always cash flow. Just so we are clear, when I say CASH FLOW I mean that the rent you collect is enough to cover the mortgage (if you have one), the taxes, the insurance, and the repair budget.
Read Full Post | Make a Comment ( 9 so far )The Vultures are picking at the Real Estate carnage.
It’s getting serious out there. “Vulture” real estate investors are now having their way with sellers in today’s market. That means these people are picking up deals for pennies on the dollar.
Read Full Post | Make a Comment ( 4 so far )If Real Estate is on Sale, who’s buying it?
Private equity investors like The Blackstone Group have been buying packages of properties from builders like Lennar and Syntex at 30-40 cents on the dollar.
Read Full Post | Make a Comment ( 4 so far )
