February 2010
Real Estate by Florence Foote | February 23, 2010Ziprealty recently issued its report of real estate statistics covering the fourth quarter of 2009. This report never fails to attract a great deal of media attention, and makes headlines all over the blogosphere. But you might want to take those (and similar) statistics with a grain of salt. Among the hottest markets in the [...]
Read the full article → Mortgages & Lending by Justin McHood | February 23, 2010 
Why are there no more stated income loans? The IRS 4506T document is one of the biggest reasons. Now borrowers must give the lender permission to pull their tax returns.
Read the full article → Real Estate Technology by Ryan Hartman | February 23, 2010This week’s exciting because we’ll now be able to fire up our site as a destination on the world wide internets. Once you’ve got your nameservers all pointed to your hosting account, it’s time to login to your Hosting Control Panel, in this case “CPANEL,” and take the next steps. ADD YOUR DOMAIN TO YOUR [...]
Read the full article → Economy by Ryan Hinricher | February 22, 2010Maybe it was only symbolic move. On Thursday, the Federal Reserve hiked its lending rate for emergency bank loans known as the “Fed Discount Rate” from .5% to .75% in an off-cycle meeting. While this rate affects little in the day-to-day bank-to-consumer lending, the Fed could be prepping us all for changes in its easy [...]
Read the full article → Foreclosures by Richard Warren | February 22, 2010 
Several weeks ago I reported that Las Vegas, one of the cities with the highest rate of foreclosures, received none of the $2 billion in Federal relief dollars (article). That situation has now changed. It was just announced that Nevada is to receive $100 million in Federal aid. While the amount is merely 6.67% of [...]
Read the full article → Real Estate Investing by John Fedro | February 21, 2010 
There are many ways to beautify a home for sale or rent when money is tight. Our goal as investors on a budget should be to maximize beauty and sales appeal and minimizing our spending limit. I say, “The more money we keep in our pocket the better.” Keep in mind the list below are [...]
Read the full article → Real Estate Investing by Jason Hanson | February 21, 2010 
One of the most important things I did when I started out as a new investor was to record my calls with sellers… Once the call was done, I played the recording to see how I sounded and to see how smoothly I made an offer. Not surprisingly, I had a lot of trouble explaining [...]
Read the full article → Real Estate News by Dean Ouellette | February 20, 2010 
1 ) 7 Hours on Facebook? – Where do you spend most of your time when you are on the computer? If you are like most of America you spend a large amount of time on Facebook. And that time is growing! Just look at these numbers, doesn’t it make sense to go where they [...]
Read the full article → Commentary by J. Lamar Ferren | February 20, 2010 
Are you committed to being committed? I got hit upside the head today for not thinking. I told my mentor that I’m trying to stay committed when it came to a new project I’m working on. As soon as I said that, I knew what was coming. Call it a Freudian Slip or just call [...]
Read the full article → Commentary by Adam Davis | February 20, 2010 
Special Public Service Announcement ***You can help prevent the spread of a deadly strain of disease afflicting real estate investors*** To stop this outbreak, we must journey into the mind of an infected real estate investor. Our subject for today is “Fred.” (Names have been changed to protect the innocent) Fred is suffering from a [...]
Read the full article → Real Estate Investing by John Fedro | February 19, 2010So you have decided to add more long term, passive cash flowing properties to your portfolio for 2010. Your desire is to leave the rat race once and for all. Your plan is to buy and hold some properties with low or no debt and a high monthly cash flow. Time to Get Creative! You [...]
Read the full article → Financing Real Estate by Brian Brady | February 19, 2010Q: What’s the problem with residential real estate as a growth asset? A: It grows slowly. Q: How might an investor enhance that return? A: Leverage. Owner-occupied real estate has long been considered a “good investment” for the “average Joe” because it has enjoyed a supply/demand imbalance since World War II. Applying leverage to that [...]
Read the full article → Credit by Tom Koziol | February 19, 2010In one of my previous posts I mentioned I had used my credit cards to buy a piece of property. It took my partner and I 33 days to sell that house and pocket a nice profit after paying off the cards. The rules are now changing for credit cards. You can still use them [...]
Read the full article → Real Estate Tips by Shae Bynes | February 18, 2010 
Frankly, I wouldn’t be surprised if the title of this post alone was enough to make some of you groan and think one or both of the following: “You’re kidding me, right? Writing in journals is for pre-teen and teenage girls!” “Do I really need something else to add to my plate? Sounds like too [...]
Read the full article → Commentary by Peter Giardini | February 18, 2010 
Most of you have probably seen this video regarding the “deal” that appears to have been struck by OneWest and the FDIC when OneWest purchased the assets of IndyMac last year. Once you view the video, read the comments and the FDIC rebuttal you have to wonder what is the Federal Government thinking when it injects itself so [...]
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Being Committed to Being Committed
by J. Lamar Ferren | February 20, 2010Are you committed to being committed? I got hit upside the head today for not thinking. I told my mentor that I’m trying to stay committed when it came to a new project I’m working on. As soon as I said that, I knew what was coming. Call it a Freudian Slip or just call [...]