May 2011

Real Estate

Real Estate News by the Numbers: Week of May 7 – May 13

by Douglas Lazovick | May 13, 2011

A quick rundown of the important real estate news from the week of May 7 – May 13, by the numbers: $ 5 Billion – Amount banks are willing to pay to settle claims of improper mortgage foreclosure practices. The money will “be used to compensate any borrowers previously wronged in the foreclosure process and [...]

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Real Estate Investing

The Call Every Real Estate Investor Will Eventually Get

by Marty Boardman | May 12, 2011
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I could hear the desperation in her voice.  Diane was nearly hysterical.  She had just found out that she lost her home of 18 years to foreclosure.  An investment group bought her property at the courthouse steps for $70,000.  Then, they promptly posted a notice on her door that read WRITTEN DEMAND AND SURRENDER OF [...]

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Real Estate Investing

Are You A Little Too Comfortable?

by Danny Johnson | May 12, 2011
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Most people only do what is comfortable for them and rarely try something new. Things like interviewing for a job, giving a speech, riding a bike, etc. are not easy when we first try them. These are things that take us out of our happy little comfort zone. It’s not a place most of us [...]

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Real Estate Investing

Mold Shouldn’t Scare Real Estate Investors

by Ken Corsini | May 11, 2011
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It seems that the word “mold” has become a four letter word in the real estate industry over the last ten years. As more and more lawsuits have been brought against landlords or sellers who unknowingly fail to disclose the presence of mold, real estate professionals have become increasingly cautious when dealing with a property [...]

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Real Estate

Is your Seller Financed Note in RESPA Compliance?

by Kevin Kaczmarek | May 11, 2011
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The two biggest gripes I hear from note investors is lack of proper documentation and lack of compliance. We previously discussed the importance of all your documents being in order. This ensures that your note has value to prospective buyers, yet, there is another component we cannot overlook- Seller Financing Compliance! You’re probably thinking this [...]

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Real Estate

Going Rogue – Is it Worth It?

by Melissa Zavala | May 10, 2011
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I’m not exactly sure why Sarah Palin called her book Going Rogue. A rogue is a mischievous or deceitful person. It would seem silly for someone to describe himself or herself in that manner, especially as the title of an autobiography (maybe there’s some irony in there somewhere). A Palin associate, however, said that Palin was [...]

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Real Estate Investing

What’s Possible For Many In 15 Short Years? Harnessing Real Synergy

by Jeff Brown | May 10, 2011

Ever wondered if you could retire, nicely, 15 years from now? So much as been said and written about retirement and its planning in the last decade or two that gettin’ lost in the miasma of most of what passes for rational thought is easy. Possibly the first casualty of retirement planning has been reality. [...]

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Real Estate

Celebrate Your Wins to Create More Success

by Andrew C. MacDonald | May 9, 2011
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It is no secret that success breeds success, so to keep the proverbial ball rolling, why not pour some fuel on the fire? A great way to do this is by celebrating your wins. Whether they are big or small, reward yourself as you make progress. Why Celebrate Your Wins? Making a conscious decision to [...]

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Housing

Tightening Rental Market, Lower Rates, Home Prices and More: The Week in Housing

by Ryan Hinricher | May 9, 2011

This week the housing market offered better rates, allowing refinancing to increase again. The Multi Housing Council released its quarterly survey, and Clear Capital declared an official double-dip in home prices. Interest Rates Favorable Again Mortgage rates were more attractive again for the week ending May 5th, 2011.  Freddie Mac reported a decrease in the [...]

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Real Estate Marketing

Some Thoughts about Direct Mail and Real Estate Investing

by Jason Hanson | May 8, 2011

Listen, I know it’s not “sexy” and not technologically advanced like the latest blog trick to get motivated seller leads, but in my opinion, direct mail is the #1 way to get deals and will probably stay that way for years to come. The main reason is because it’s not as “easy” as marketing on [...]

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Real Estate

Six Steps to Green Any Property

by Jim Simcoe | May 7, 2011

As an investor, you may be very interested in green but do not know how to start or how to audit potential properties from a green perspective. That said, here is a step-by-step approach to audit and green any investment property in the six major areas of any property. This is exactly what to use [...]

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Real Estate

Real Estate by the Numbers: Week of April 30 – May 6

by Douglas Lazovick | May 6, 2011

A quick rundown of the important real estate news from the week of April 30 – May 5, by the numbers: 34% – Respondents to a Reed Organization poll who use the internet to choose a real estate agent. Additionally, 42% say they first saw the home they ultimately purchased on the internet. 69% – [...]

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Real Estate Investing

I Want to be a Hard Money Lender When I Grow Up

by Marty Boardman | May 5, 2011
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I got the strobe light at Radio Shack the summer of 8th grade.  The mirror ball was a Christmas present.  I bought more than 200 singles from Music City Records that year – artists like The Breakfast Club, The Jets and Cameo.  I would spin those 45 RPM one-hit-wonders with an old Pioneer turntable.  My [...]

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Real Estate Investing

Not all Investment Properties are Created Equal

by Ken Corsini | May 4, 2011
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Did you know that you can buy a house in a number of different metropolitan areas for less than $20,000 right now?  And not just in areas with severely depressed economies like Detroit, but in economically viable cities such as Atlanta or Memphis.  Believe it or not, it’s entirely possible to buy a home in [...]

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Real Estate Investing

Determining a True Sales Price with Seller Financing

by Kevin Kaczmarek | May 4, 2011
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It wasn’t long ago that I received a portfolio of notes in a part of the country that I am very familiar with.  Having done quite a few transactions  there, I know the only true valuation of properties in that area is true comparable sales in the last six months.  Anything older than the last [...]

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