Dropping Bowling Balls and Making Market Corrections
Friday, September 17
There's been talk of another homebuyer tax credit. Apparently a ton of folks are having to pay theirs back to the IRS while they didn't know it. If you took it in 2008 it was disguised as a credit but there was a catch --- it was really just an interest free loan that has to be repaid over ...
Short Sales are Scams!
Thursday, September 02
Just Kidding. Made you look though, huh? But in all seriousness, Core Logic is apparently developing a short sale watch dog technology. In my opinion, this is an unnecessary product, like paying a company to monitor your credit on your behalf. An overkill in my eyes, but I’m sure that the...
Why not ride a bike to closing?
Friday, August 27
Hey, the economy is tough : ) I happen to live less than a mile from the attorney firm where we just closed this deal. These attorney offices make me laugh. Leather Chairs. Big Huge Doors. Well, I rode my bike... I left it downstairs and dressed in my polo shirt. I straightened out the win...
Yes, a napkin really works as a valid contract.
Tuesday, July 20
I previously wrote you about the lady that bought a wholesale deal from us --- had $10k under her bed (in small bills I think) -- read about it here. I completely forgot that she was so determined to see the property that very same day that I showed it to her on my way from another part of to...
Wholesaled a Wholesale - Why Networking is so Important
Tuesday, July 13
You may think that other wholesalers are your competition in this business. This is true, but they can also be your biggest allies in wholesaling. Currently, the banks are your biggest competition, but that's a whole separate post :) If you meet wholesalers at your local REIA, find out what deal...
Lemonade Stands -- Our Future Real Estate Entrepreneurs
Thursday, July 01
I've got to share this. I always do my best to stop at these stands in my neighborhood. I respect any person of any age or situation that's willing to hustle to make a dollar. If you're looking to set yourself (or the kiddies) up a lemonade stand don't make the same mistakes that were made w...