WHY do YOU Invest in Real Estate?

by J. Lamar Ferren on November 7, 2009

reasons to invest in real estate

A couple of days ago, a fellow blog contributor named Shae Bynes posted a great blog post regarding a 7 day plan for aspiring real estate investors. You should definitely check it out when you get a chance.
With that said, I really liked one of the key aspects she mentioned in her post which talks [...]

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Mortgages & Lending

New Federal Restriction on Prepayment Penalties Won’t Apply to FHA Interest Charge

by Christina Inman | November 7, 2009

On October 1, new federal lending rules took effect under HOEPA–the Home Ownership and Equity Protection Act.  One that will benefit consumers most is a restriction on prepayment penalties for higher-priced loans (those with an interest rate 1.5% above prime).  No longer will borrowers need to worry about an excessive penalty for paying off their [...]

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Real Estate Marketing

1 + 1 + 1 = 4: The Power of Integrated Marketing, Part I

by Molly Castelazo | November 6, 2009
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Despite what you learned in kindergarten, 1 + 1 + 1 + 1 doesn’t always equal 4.  If you leverage the power of integrated marketing, it can equal 7 – or more.  It’s not funny math, I promise; it’s reflective of the greater power your marketing efforts will have as an integrated group rather than [...]

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Real Estate Technology

Use XFruits to Create Your Personal MLS for FSBOs

by Justin McClelland | November 6, 2009
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As a Real Estate investor, you will need to look to various nooks to find hidden gem properties throughout your career.  Of course properties can be found on the MLS, but that rules out the FSBO (For Sale By Owner) seller.  As the internet progresses and evolves, FSBO sellers are seizing the broad audience that [...]

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Commentary

The Health Care Bill and Real Estate Investors / Professionals

by Tom Koziol | November 6, 2009

At first blush, these two seem like polar opposites. After all, what does the proposed health care bill being ballyhooed have to do with real estate investing?
I will readily admit I haven’t read the 1900 plus page bill but I have a friend who did. I won’t tell you about the number and size of [...]

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Commercial Real Estate

IRS Eases Restrictions on Commercial Loan Modifications

by Ted Karsch | November 5, 2009
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The IRS has issued a new rule IRS Revenue Procedure 2009-45 IRS Revenue Procedure 2009-45 that eases the restrictions on modifications of commercial mortgages that have been packaged into commercial mortgage backed securities.
This action allows borrowers to open discussions with the loan servicer prior to any default in an attempt to work out the loan. [...]

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Real Estate Wholesaling

Wholesaling and Repair Estimates – You Don’t Need to be an Expert!

by Stephani Davis | November 5, 2009
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When I was just getting started as a wholesaler, one of my greatest fears was that I was not going to be able to estimate repair costs accurately for my end buyers. I had no prior rehab experience, and the thought of learning the costs involved in rehabbing an entire house was extremely intimidating [...]

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Entrepreneurship

Why You Need A Rocking Mission Statement

by Christian Russell | November 5, 2009

Having a mission is important. To run a successful business, you need to be on a mission. Yet many of us small business owners (particularly real estate investors and professionals) skip writing a mission statement. Companies put their mission statement on the wall, not because it’s cheesy but because it’s important. Actually, many company mission [...]

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Real Estate Investing

A 7-Day Plan for Aspiring Real Estate Investors

by Shae Bynes | November 5, 2009
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(This blog post is for the newbies, but for those who have crossed the line into actual real estate investor, I believe there’s something in here for us all!)
As someone who was an inexperienced real estate investor only two years ago, I can completely relate to the challenge of moving from an aspiring real estate [...]

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Real Estate Marketing

The “Unusual” Way to Boost Your Real Estate Marketing Results

by Jason Hanson | November 4, 2009
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I was driving around Baltimore City earlier this week. At a stoplight I got stuck behind an SUV with a sticker on its back window that read “lose 10 pounds in 10 minutes, call XXX”.
I immediately laughed and thought to myself, “yeah right.”
Why did I think this? Because it wasn’t honest and it wasn’t believable. [...]

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Housing

Has The Housing Bubble Burst Completely?

by Peter Giardini | November 4, 2009

The funny thing about bubbles is that sooner or later they burst.  Once again I get to be the master of understatement.  What fun!
After having survived these past 2+ years as each of us has watched the housing bubble burst in most parts of the country and deflate everywhere else, we are being told that [...]

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Real Estate Marketing

Who Does Lead Generation Work For Anyway?

by Ben Roberts | November 4, 2009
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I’m a marketing director at a real estate firm.  If I had to sum up what I do every day in three words it would be, “I generate leads.”  It’s both much easier and much harder than you would think.  Confused?  Let me take you inside and show you why everyone in the real estate [...]

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Commentary

U.S. Commercial Real Estate At Death’s Door; Next Shoe Ready To Drop

by Charles Feldman | November 3, 2009
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If there really is an economic recovery underway–no matter how weak–one sure thing that would kill it is a devastating collapse of the commercial real estate market.
And, I’m afraid, that is exactly what appears to be shaping up in the not very distant future.
A survey by the Real Estate Roundtable (which sounds like something out [...]

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Financing Real Estate

Is Fannie Mae Killing the Golden Goose?

by Florence Foote | November 3, 2009
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One study of mortgages during the Great Depression found that almost half of urban, owner-occupied homes (on which there was a mortgage) were in default by 1934. The government’s answer was to sponsor the creation of Fannie Mae in 1938 (or as it is really called, the Federal National Mortgage Association), which was, and [...]

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Entrepreneurship

How to Acheive Your Personal and Business Goals in Five Minutes a Day

by Ryan Moeller | November 3, 2009
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If something takes 5 minutes a day, but saves countless hours and drastically improves your success would you do it?  100% of you are saying yes right now . . . now I want you to commit one whole year to doing this before you have the chance to back out.  You will be amazed [...]

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