
Milton B. has written 11 article(s) for the BiggerPockets Blog.
Foreclosures by Milton B. Yates | May 25, 2008BEWARE! BEWARE! BEWARE! I am quite sure that many of you are staying abreast of the new laws regarding dealing with sellers and properties on their way into foreclosure status. On my side of the country it is especially critical to follow all guidelines of the pre-foreclosure business. Those who are choosing to take their [...]
Read the full article → Real Estate Investing by Milton B. Yates | May 10, 2008If you are looking for bigger pockets RIGHT NOW, your concentration should be focused on wholesaling real estate deals to buyers who are looking to occupy the property, and helping them secure the financing needed to make to deal happen. If you haven’t become best friends with a mortgage broker then your business may be [...]
Read the full article → Real Estate Investing by Milton B. Yates | April 28, 2008Just as a review, buying property “subject to” means buying a property subject to the existing financing. The seller’s original financing stays in place until either refinanced or sold to a third party. The investor/buyer takes title to the property while leaving the loan in the seller’s name. If we were to take over payments [...]
Read the full article → Commentary by Milton B. Yates | April 15, 2008If I could just take a few moments and vent about my frustrations with real estate investors who do not follow formulas and do not stick with systems. Sheesh! If it isn’t one bad deal working it’s three bad deals working. Are times that bad that you have to reach for a good deal? NO! [...]
Read the full article → Real Estate Investing by Milton B. Yates | April 7, 2008I do believe that it is human nature to celebrate a championship victory as if it were out of character for us. In real estate investing, the championship is EVERY HOME RUN DEAL. Some investors never see a home run but have lots of hits and lots of RBI’s which is fantastic as well. But [...]
Read the full article → Commentary by Milton B. Yates | March 30, 2008“It is not the critic who counts; not the man who points out how the strong man stumbles, or where the doer of deeds could have done them better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood; who strives valiantly; who [...]
Read the full article → Real Estate Investing by Milton B. Yates | March 27, 2008Just in case there was an oversight in your real estate investing plans in 2008; be sure to look toward Panama to buy land and build on it. The widening of the Panama Canal has been underway for over 6 months now and the real estate market is hotter than ever. With an estimated cost [...]
Read the full article → Credit by Milton B. Yates | March 18, 2008You have to love the amount of flexibility there is when running a deal FHA but more often than not, there are too many things left undone that cause major hiccups in the final stages of any transaction. Technically, many of these hiccups are because of the lack of attention to detail on the part [...]
Read the full article → Foreclosures by Milton B. Yates | March 1, 2008The real estate investing craze that falls just behind the business of buying directly from the bank with Short Sales or REOs is buying “subject to.” This non-traditional method is simply purchasing real estate subject to the existing financing. The financing that is held by the seller stays in place, the mortgage on the property [...]
Read the full article → Foreclosures by Milton B. Yates | February 28, 2008It is no secret that the business of buying real estate directly from the bank prior to it being foreclosed on is both in style and highly lucrative. The issue a lot of “Short Sale Specialists” have revolves around making the deal work on the front end. Time is our most valuable asset as Real [...]
Read the full article → Learn Real Estate by Milton B. Yates | February 17, 2008There are quite a few real estate investors, both beginner and veteran, that fail to understand the true benefits of soliciting sellers in small target areas. In fact, some investors aren’t exactly sure how to determine what areas to target. Here are some quick ideas for target area choices: We can assume that a great [...]
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Under Analysis…the Latest from the Real Estate Investment Style of Investorino
by Milton B. Yates | April 15, 2008If I could just take a few moments and vent about my frustrations with real estate investors who do not follow formulas and do not stick with systems. Sheesh! If it isn’t one bad deal working it’s three bad deals working. Are times that bad that you have to reach for a good deal? NO! [...]