February 2010

Real Estate Wholesaling

Wholesalers: How Bad Do You Want It?

by Stephani Davis | February 18, 2010

Last week I received an email from a newbie real estate wholesaler who was extremely frustrated and looking for some advice.  He explained to me that he had been studying up on real estate wholesaling for about 6 months, and had finally decided to take the plunge, get out of his comfort zone, and start [...]

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Commentary

Congressional Oversight Panel on Commercial Real Estate

by Ted Karsch | February 17, 2010

The Congressional Oversight Panel released their 189 page, February report entitled “Commercial Real Estate Losses and the Risk to Financial Stability” on February 10th. Typical of government reports of its kind, the authors are long on explanations, coupled with impressive analysis, but short on solutions. At least the report does make one thing clear, they [...]

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Real Estate News

Second-hand Smoke Case Against Real Estate Broker Goes Up In Smoke

by Charles Feldman | February 17, 2010
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Where there’s smoke, there isn’t always a guilty verdict apparently. A jury in Suffolk County, Mass, said no to a Boston woman’s contention that she was lied to by her real estate broker who she claimed wasn’t truthful about the fact that her neighbor beneath her is a cigarette smoker. It was, says the Boston [...]

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Rehabbing

What’s in a Contract? Almost Everything You Need to Know About Contractor Contracts

by J Scott | February 17, 2010

[Big Disclaimer: I am not a lawyer and I don’t play one on TV.  The information I provide below is just my opinion based on my experiences, and shouldn’t be construed as anything more than that…it certainly shouldn’t be construed as legal advice.  If you have any questions about the legal aspects of what I [...]

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Real Estate Investing

The Old Normal – A Case Study – No Appreciation Allowed

by Jeff Brown | February 16, 2010

As I’d predicted, if only to myself, many of the calls I receive these days are from folks in their 40′s and 50′s, some older, for whom the retirement income bell has been loudly tolling. Yet the road is now not nearly as straight or smooth due to the likelihood of very little appreciation, short [...]

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Foreclosures

Why Too Many Foreclosures Can Lead to Devastation

by Florence Foote | February 16, 2010

Recently, I wrote about the path of progress and why one should consider investing in areas that will benefit from, for instance, the building of new rail lines which reduce commuting time and increase the quality of life for those who have access to such facilities compared to those who do not. As most people [...]

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Mortgages & Lending

FHA Changes Make FHA Loans More Expensive

by Justin McHood | February 16, 2010

FHA loan program changes recently announced will make getting an FHA loan more expensive and changes will go into effect this spring and summer.

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Financing Real Estate

FHA Guidelines Scheduled to Change this Spring and Summer

by Winston Westbrook | February 15, 2010
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The Federal Housing Administration more commonly known as FHA has recently announced major changes to their program to ensure long-term financial soundness. If you are involved in the retail side of real estate you need to listen up. If not, then listen anyways. You might learn something. The FHA’s main objective is to help serve [...]

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Housing

Real Estate Economist Sees Opportunity Until 2014

by Ryan Hinricher | February 15, 2010

This week I was listening to a conference call with real estate economist Mark Boud of Real Estate Economics.  He was offering insight to where the market is today and what we can expect in 2010 and beyond.  I’ve put together some highlights of his findings and data. New home construction will be lower in [...]

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Foreclosures

A Loan Modification Plan That Might Actually Work for Homeowners AND Lenders?

by Richard Warren | February 15, 2010

Unless you’ve been living under a rock the last few years, you are well aware of the foreclosure crisis in this nation. Politicians have been creating plans that have been mostly ineffective. Loan modification companies have been popping up all over the place and bankruptcy lawyers are having a field day. Banks have created plans [...]

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Landlord Tenant

How to Find the Perfect Rent-to-Own Tenant in Today’s Market

by Jason Hanson | February 14, 2010

If you talk to any property manager or any landlord who owns dozens of properties, they will tell you that it’s tough to find quality tenants these days. I know several property mangers and they tell me that evictions are up and they now have to screen a lot more people to find the right [...]

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Real Estate Investing

Do You Have to Lie to Get that First Deal??

by J. Lamar Ferren | February 14, 2010
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Last night, I was just browsing around and reading a couple of posts on some other rei discussion site and I saw a title that struck me. The title said, “You’ve got to lie!” So as I wondered what the heck this could possibly mean, I clicked the title and that’s when I saw the [...]

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Real Estate News

The Ten Best in RE.net This Week: Feb. 13, 2010 Edition

by Dean Ouellette | February 13, 2010
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1 ) Government Math – This video seemed to create the most buzz this week, and rightfully so. Indymac worked out a sweetheart deal for themselves and we are paying for it. One thing that is not stressed here is who is George Soros? Soros is the money man for the group MoveOn.org and spent over $23million alone [...]

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Real Estate Law

Contract Law: California Court rules on non-refundable deposits

by Winston Westbrook | February 13, 2010
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I want to highlight a recent court case ruling that I came across here in California. Since what happens here in California seems to ripple to the rest of the 49 states, I would suggest you take a gander at the following. Kuish vs. Smith, G040743 [PDF] [DOC] Mr. Bradford Kuish entered into an agreement [...]

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Financing Real Estate

Two Magic Words to Cash in on Foreclosures: Private Money

by Adam Davis | February 13, 2010
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The cat has been out of the bag for some time now. Surprise – we’re in the midst of what many experts call a “foreclosure crisis.” (thanks talking media heads). It’s as if some people are just waking up to the fact that the house down the street from them just sold at auction.  For [...]

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