Are We Celebrating the End of the Real Estate Bust Too Soon?
Thursday, October 04
I’m seeing a lot of articles and new stories celebrating the fact that the housing bust is over. But are there still problems lingering in the background? Back at the beginning of August 2012, delinquencies or pre-foreclosures, were at a record high in some markets. This can inhibit the “mom...
More Women Investing in Real Estate
Wednesday, October 03
Although real estate investing has always been dominated by men, more and more women are entering the scene. At our local REIA chapter meetings, I’ve noticed more and more women attendees over the last 2 years. In our last meeting, approximately 1/3 of the total participants were women. Wome...
Lending Scam Targeting Real Estate Investors: Hard Equity Financing of FL
Tuesday, October 02
Watch out for this bogus hard money lender based in Miami, FL called, Hard Equity Financing. We had a client call us yesterday for a loan, a really nice guy. I talked to him for awhile and he told me about yet another lending scam, a company called, Hard Equity Financing. This group purports...
Beware of Websites Posing as ‘Resources for Investors’
Monday, October 01
All of us have attended at least one educational seminar that turned out to be one, big sales pitch. Remember how you felt when you realized you’d been hooked into a big pitch session rather than a real educational seminar? These days it’s all done on the web. Big websites pose as if they are ...
Sometimes the Best Decision in Real Estate is NOT to Buy
Monday, September 24
The buying frenzy that is going on around us in real estate with these low interest rates, is being fueled even more by hedge funds and foreigners who are also trying to get in on the action. I posted a discussion last week about this and had a lot of comments from readers where they agreed that...
Private Money Lenders Use Their IRAs to Get 10% Annual Return
Thursday, September 20
After the onset of the U.S. Banking Crisis in 2008, the majority of banks in the U.S. disappeared overnight. Real estate investors have had to rely heavily on private money lenders to provide hard money loans in past years. Without the availability of these non-bank loans, I truly believe the re...