December 2009

Foreclosures

More On Foreclosures: Do Your Homework — Inspect!

by Tom Koziol | December 11, 2009
Thumbnail image for More On Foreclosures: Do Your Homework — Inspect!

After my son read my last week’s post about buying a home, or homes, at auction, or during the foreclosure process, he asked me why a bidder simply couldn’t make his or her bid contingent on a professional home inspection. On the surface this seems like a sophomoric question. That’s on the surface. When you [...]

0 comments Read the full article →
Mortgages & Lending

Fannie Mae/Freddie Mac Put the Noose Around Investors’ Necks with New Lending & Underwriting Policy Changes

by Jeff Brown | December 10, 2009
Thumbnail image for Fannie Mae/Freddie Mac Put the Noose Around Investors’ Necks with New Lending & Underwriting Policy Changes

There comes a point at which reasonable folk take a step back, survey the latest nonsensical trend in lending, and conclude their own rational thought has been the problem all along. We don’t need a rehash of why we’re sittin’ in the economic rubble of a woefully failed economy. Allow me to sum it up [...]

17 comments Read the full article →
Real Estate Wholesaling

REO Wholesaling FAQ

by Stephani Davis | December 10, 2009
Thumbnail image for REO Wholesaling FAQ

I’ve been in the REO wholesaling arena for several years now, and as a result, have received many emails from aspiring wholesalers who have questions about the process of flipping bank owned properties.  Following are answers to some of the most frequently asked questions that I have received about REO wholesaling. Can I add “and [...]

7 comments Read the full article →
Real Estate Tips

Get a Headstart On Your 2010 Real Estate Domination Plan

by Shae Bynes | December 10, 2009
Thumbnail image for Get a Headstart On Your 2010 Real Estate Domination Plan

A goal is the ongoing pursuit of a worthy objective until accomplished. ~Jack Canfield Today is December 10 and there are exactly 3 weeks left in 2009. While it is true that time flies, a lot can be accomplished in these next 21 days to prepare you for awesomeness in 2010 (is “awesomeness” a word? [...]

4 comments Read the full article →
Commentary

Can the World Get a Good CRM for Real Estate… Please?

by Ben Roberts | December 10, 2009
Thumbnail image for Can the World Get a Good CRM for Real Estate… Please?

There are quite a few things that I find curious in Real Estate.  Independent contractors, substandard training, and why buyers are liars and sellers are worse… just to name a few.  One of the most curious and incomprehensible things to me is why there isn’t a super amazing CRM (that’s  Customer Relationship Management) tool for [...]

25 comments Read the full article →
Real Estate Marketing

Why I Want You To Stop Marketing Now

by Jason Hanson | December 9, 2009
Thumbnail image for Why I Want You To Stop Marketing Now

Stop marketing. I’m serious. Have I lost my mind? Probably, but not when it comes to what I’m about to share with you. Yes, I know that marketing is the lifeblood of every real estate investing business. But if you’re a smart marketer you make sure your marketing dollars have a good return on investment. [...]

11 comments Read the full article →
Housing

2009: The Year Home Prices Stabilized?

by Charles Feldman | December 9, 2009
Thumbnail image for 2009: The Year Home Prices Stabilized?

Could it be? Home prices actually stabilized this past year? Apparently so, says a new analysis just out from Zillow Real Estate Market Reports. The report says that prices, in fact, stabilized in 2009—but not before losing “trillions of dollars in value” in 2008. Even better news this holiday season, according to Zillow: about one [...]

4 comments Read the full article →
Commentary

Navigating the Continued Real Estate Market Turbulence

by Peter Giardini | December 8, 2009
Thumbnail image for Navigating the Continued Real Estate Market Turbulence

Just last week I wrote about the coming “Eye of the Storm” that seems to be favoring those real estate investors who are taking action now!   As mentioned in the article, there is a window of opportunity open to those investors who are in the rehabbing business and the wholesalers that support them; it also explores how cheap mortgage [...]

5 comments Read the full article →
Foreclosures

6 Tips for Buying Foreclosures Without Losing Your Shirt

by Ryan Moeller | December 8, 2009
Thumbnail image for 6 Tips for Buying Foreclosures Without Losing Your Shirt

A few times a month I get a call from a friend about a screaming deal on a foreclosure in their neighborhood.  I love my friends, but always find the calls to be hilarious.  I ask them about the property and they explain it is worth $200K and can probably be purchased for about $185k [...]

7 comments Read the full article →
Foreclosures

Top 5 Reasons Why the Bank Did Not Accept Your REO Foreclosure Offer!

by Winston Westbrook | December 7, 2009
Thumbnail image for Top 5 Reasons Why the Bank Did Not Accept Your REO Foreclosure Offer!

This week I would like to spotlight five mistakes being committed by real estate agents on their REO property offers to the banks. I hear from countless other broker and investor friends in the Southern California area how frustrated they are that their bank REO offers are not being accepted. When they send me a [...]

6 comments Read the full article →
Mortgages & Lending

Home Mortgage Cramdown: Part Deux?

by Florence Foote | December 7, 2009
Thumbnail image for Home Mortgage Cramdown: Part Deux?

As pretty much everyone realizes by now, the Obama administration’s efforts to convince banks to modify troubled loans has been little more than window dressing. Despite the $75 billion promised to fund the program, only a fraction of the people it was intended to help have received any aid. The problem of homeowner defaults has [...]

10 comments Read the full article →
Economy

The Falling Dollar and Real Estate Investors

by Richard Warren | December 7, 2009
Thumbnail image for The Falling Dollar and Real Estate Investors

Want to watch someone’s eyes rapidly glaze over at a holiday party? Just start talking about how the dollar is falling against other world currencies. Most people don’t understand what that means. They don’t care either because they don’t understand how or why it affects them. They just assume that when something falls, or goes [...]

5 comments Read the full article →
Flipping Houses

The “Affordable Custom Home” Real Estate Rehabber/Investor Niche?

by Ryan Hartman | December 6, 2009
Thumbnail image for The “Affordable Custom Home” Real Estate Rehabber/Investor Niche?

When I was active as a Realtor working primarily with investors in Philadelphia, most of my business revolved around finding “Propertunities” for investors to rehab and hold or sell for a modest profit, usually in the that 100-200k range where there were always plenty of buyers. Of course, one of the most stressful stages of [...]

9 comments Read the full article →
Real Estate Marketing

What’s Marketing Got To Do With It?

by J. Lamar Ferren | December 5, 2009
Thumbnail image for What’s Marketing Got To Do With It?

When I first got started in real estate investing, I used to ask myself this question. After all the real estate courses I’ve read and all the teleseminars I dialed in onto, the word “marketing” was being drilled into my brain and I just didn’t get why it was so important to real estate. My [...]

2 comments Read the full article →
Commentary

Negotiating 101: You CAN Negotiate Anything!

by Craig Grella | December 5, 2009

It was a short while after college and I was house sitting in Beverly Hills for a friend who had run off someplace in Europe to help another friend who had gotten into some trouble.  It was an easy two week gig and I was glad to help; my friend had a great collection of [...]

2 comments Read the full article →
Copyright © 2004-2012 BiggerPockets, Inc. All Rights Reserved.
BiggerPockets® is a registered trademark of BiggerPockets, Inc.