June 2011

Real Estate Interviews

Interview with Real Estate Investor: Joey Ragona (yep, he’s Canadian!)

by Joshua Dorkin | June 13, 2011

Joey Ragona is a real estate investor from Oakville, Ontario (WAY up north – somewhere in a place called Canada). In our interview with Joey (28:08 minutes), we get into topics such as building and running a business without distractions, targeting the most appropriate tenants, investing in single family homes, joint venture partnerships, investing in [...]

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Real Estate Investing

3 Steps to Get Your Rental Property to be Rent Ready

by Andrew C. MacDonald | June 13, 2011
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When you first buy a rental property or an existing tenant moves out, you’ll need to get the unit “rent ready” to welcome your next tenant. The first impression of the tenant is important – you want them to know they have a landlord who cares. By getting the property rent ready for each tenant [...]

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Housing

The Week in Housing: Lower Rates, Negative Equity, and Homeowner Confidence

by Ryan Hinricher | June 13, 2011

Rates Slide as Economy Weakens Following a poor performance in the labor market, interest rates fell for the week ending June 9th, 2011.  The economy added just 54,000 new jobs in May much less than analysts expected and the unemployment rate increased to 9.1%.  The economic recovery is running out of steam and factories cut [...]

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Real Estate Investing

How I Structure My Lease Option Deals

by Jason Hanson | June 12, 2011

Two weeks ago I mentioned that one of the easiest (and free) ways to get a lease option deal is by calling “for rent” ads in your local newspaper. This week I’m going to share with you how I personally structure my lease option deals to make sure I get paid. First off, remember that [...]

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Real Estate

Real Estate News by the Numbers: Week of June 4 – June 10

by Douglas Lazovick | June 11, 2011

A quick rundown of the important real estate news from the week of June 4 – June 10, by the numbers: 38% – Equity US homeowners have in their home. A decade ago, the average American had 61% equity in their home. 700,000 – Households who have had their mortgages permanently lowered after starting on [...]

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Landlord Tenant

9 Standards to Help Landlords Approve or Reject Tenants

by Peter Giardini | June 10, 2011
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I was having breakfast this morning with a client and the subject of selecting and approving tenants came up.  Our discussion first focused on the need for written standards to be used when approving tenants to ensure that you either approve or decline tenants in a uniform and consistent manner and then of course what those [...]

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Real Estate Investing

Real Estate Day Trading at the Courthouse Steps

by Marty Boardman | June 9, 2011
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His face was wrinkled.  Not from old age, but from the sun.  I was certain his raspy voice came from years of cigarette smoking.  The man standing at the front of the room was a real estate instructor.  The class he was about to teach was called Foreclosures and Short Sales 101.  There were about [...]

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Financing Real Estate

HVCC Regulations & What’s the Deal with Appraisals?

by Ken Corsini | June 8, 2011

Google the phrase “HVCC Nightmare” and you’ll return over a hundred web pages discussing the horrible legislation  passed in April 2009 governing  how appraisals are to be conducted in the mortgage business.  For those who aren’t familiar with this legislation and how it impacts the lending process, here’s a quick overview: Appraisers can no longer [...]

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Real Estate Investing

Five Pitfalls To Avoid In Note Investing

by Kevin Kaczmarek | June 8, 2011
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While note investing is by far my favorite form of real estate investing, the note investment world is not something you just jump into without understanding some of the basics I have previously outlined. This week I want to tap into some of the pitfalls you might find in the note investing world. I am [...]

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Real Estate Interviews

Interview with Hard Money Lender & Real Estate Investor: Kevin Amolsch

by Joshua Dorkin | June 7, 2011

Kevin Amolsch is a real estate investor and hard money lender located in the Denver, Colorado area. In our interview with Kevin (26:54 minutes), we get some great tips about topics such as using owner financing, lease options, wholesaling, building a portfolio, the life of a landlord, tenant screening, building wealth, and hard money loans. [...]

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Commentary

Time’s Your Friend – Till It’s Not

by Jeff Brown | June 7, 2011

Your age matters. How many years are left to turn your retirement plans into reality is crucial, an understatement if ever there was one. Over the years, my youngest client has been 22. My oldest? I’ll quote her here: “Sonny boy, let’s just say I don’t buy green bananas any more.” I can still hear [...]

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Real Estate

What Woodward and Bernstein Can Teach Us About Short Sales

by Melissa Zavala | June 7, 2011
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This past weekend I watched Woodward and Bernstein yet again as they did a little bit of recon work in order to expose the Watergate scandal. Believe it or not, it is that kind of intense due diligence that is often required when working with distressed properties. When identifying a distressed property to purchase (or [...]

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Economy

Real Estate Bubbles: The Bigger They Are, The Harder They Fall

by Andrew C. MacDonald | June 6, 2011
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The real estate bubble that started at the turn of the millennium was the greatest we’ve seen in the past 120 years. As the saying goes, “the bigger they are, the harder they fall” and this is why we’re still seeing the effects today. In hindsight we can shed some perspective on this last bubble [...]

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Housing

The Week in Housing: The Double-Dip; Where do we go from here?

by Ryan Hinricher | June 6, 2011

Home Prices are busted The most closely watched indicator of home prices, S&P’s Case-Shiller Home Price Index, fell below its April 2009 low to solidify the case for an official double-dip.   For the month ending March 2011, 19 out of the 20 cities in the index saw price declines.  Washington D.C. was the only market [...]

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Economy

Is Economic Ignorance Bliss for Real Estate Investors?

by Richard Warren | June 6, 2011

I was the featured speaker at my local real estate club a few days ago. There was a good turnout with the typical mix of novice, moderately experienced, and well-seasoned investors. Before beginning my presentation on evaluating rehab properties, I provided a brief update on a fairly significant economic event that would happen at the [...]

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