March 2009
Commentary by Charles Feldman | March 31, 2009Looks like some banks have stolen some ideas from their own customers…after months of worry about homeowners walking away from foreclosed properties, more and more banks are now apparently doing the same thing, leaving the property owner holding the bag. According to a New York Times report, “the so-called bank walkaways rarely mean reflief for [...]
Economy by Steve Heideman | March 30, 2009From an economic standpoint, last week was an interesting one. The stock markets made strong gains last week but the mortgage markets barely moved in the wake of the Treasury’s “toxic asset” plan. Amongst the other news from last week: Existing home sales showed unexpected strength New home sales showed unexpected strength Data showed home [...]
Real Estate by Richard Warren | March 30, 2009 Anyone who pays any attention at all to real estate knows that Las Vegas has been absolutely hammered by the real estate downturn. At or near the top in foreclosures, prices down to pre-boom levels, new home building has ground to a halt. The local economy is reeling with unemployment over 10%, tourism down sharply, [...]
Entrepreneurship by Peter Kolat | March 29, 2009Today I am going to share something with you that can literally change your life. This little technique will give you the power to master your own business and your own life. You need to master this technique if you want to be successful in life. What am I talking about here? I’m talking about [...]
Commentary by Rob K. Blake | March 29, 2009Treasury Secretary Tim Geithner testified before Congress yesterday on a new regulatory system for financial institutions. The immediate motivation for this was to capitalize on the uproar over the AIG bonuses. Since the government couldn’t legally claw back those “Stimulus Package approved” bonuses, the Obama administration wanted to assure voters they were “concerned” over their [...]
Landlord Tenant by Brendan O'Brien | March 28, 2009Finding qualified tenants is one of our biggest challenges. Last week, I talked about marketing empty rental units as a big funnel. Why a funnel? Because one end is an enormous group of people – the people who might rent a residential unit. The other end is just a couple of people – qualified prospective [...]
Commentary by Tom Koziol | March 27, 2009If you feel bombarded by all of the news on the latest stimulus package, the latest “help-the-homeowner” proposals, the latest proposed changes to the tax laws, the latest foreclosure bailout proposals, the latest $7500 tax credit (that’s really a loan) for first time home buyers and all of the latest static in the air to [...]
Real Estate Marketing by Jason Hanson | March 26, 2009I once dated a girl who told me I was too practical and that I planned everything out too much. This girl lived in Florida, and I told her that my planning was the reason for my success and one of the reasons that I was able to spend one week a month down in [...]
Real Estate Deals by Greg Boots | March 25, 2009By now most investors are aware that Limited Liability Companies (LLCs) are designed to help insulate the owner (member) of the LLC from the liabilities that may arise on an investment property held within the LLC. What has drawn confusion and massive amount of debate is whether or not an investor should create a Series [...]
Blogs by Joshua Dorkin | March 25, 2009Log into the blog . . . check comments . . . remove useless SEO comments . . . A Look at SEO Blog Comments that Will Sink Your Company Getting SPAM comments on your blog is certainly an annoying thing, particularly because of all of the filters on blogs these days, but more annoying, [...]
Commentary by Ted Karsch | March 24, 2009There are many ways that investors use to find motivated sellers, however, what I see happening many times with beginners is that they start looking for properties to purchase before they thoroughly understand how to identify a truly profitable opportunity. Here are my recommendations for how to begin learning about multifamily investing and then how [...]
Commentary by Charles Feldman | March 24, 2009Don’t pop those corks just yet. We may have ducked a few thunderheads, but we still have enormous storm clouds ahead. The news that existing home sales rose in February at the fastest rate in some six years, certainly brings with it the hope that the bottom (or end) to this mortgage caused misery is [...]
Economy by Steve Heideman | March 23, 2009Existing home sales rose 5.1% in Feburary to a stronger than expected pace of 4.72 million units. This is the latest in a series of tiny whispers or as Larry Kudlow calls them “mustard seeds” that we may indeed be in a bottoming process. The other signs include: Homebuilders are breaking ground on new homes again [...]
Blogs by Richard Warren | March 23, 2009 A few short years ago you could sell anything in the hot markets. Before you finished putting the sign on the lawn you had multiple offers in your hands. Competition for properties was so fierce that it wasn’t necessary to spend money or waste time fixing up a house because the buyers didn’t care. [...]
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Banks Walk Away From Foreclosed Homes; GM CEO Driven Away By “O” Administration
by Charles Feldman | March 31, 2009Looks like some banks have stolen some ideas from their own customers…after months of worry about homeowners walking away from foreclosed properties, more and more banks are now apparently doing the same thing, leaving the property owner holding the bag. According to a New York Times report, “the so-called bank walkaways rarely mean reflief for [...]