Prison Inmates Received $9M in Homebuyer Tax Credits – What the Heck?
Friday, June 25
Yep, it's true. Your friends serving sentences in prison got $9M in homebuyer tax credits. Hey, even the guys serving life got $1.7M Read entire article here. On a lighter note, I just made this really cool video to impress old people -- think the music is too scary for them? PS - y...
Don’t Make AssUmptions About Your Buyers
Tuesday, June 22
As a real estate investor, I take lots of calls. The goal is to pre-qualify the buyer or seller as to be as efficient as possible. Example. If you are selling an investment property and a person tells you that they are paying cash, you want to know that they actually have the cash in their ac...
Citigroup Halts Foreclosures for Gulf Coast Homeowners affected by Oil Spill
Thursday, June 17
Citibank has delayed foreclosing on homes within 25 miles of the oil spill on the gulf coast for the next 3 months. Good on them. Read article here. This is important for real estate investors for the following: Decisions made by the federal government and large companies can change your ...
Wholesaled First Property via Craigslist
Sunday, June 13
I have an investor client that purchased a house that he wanted to keep as a rental. He bought the thing for $5,000 --- super cheap. Well, after demo, it turned out that it was going to take a lot more work to get rental ready than he was ready for at the moment. He told me if he could net $...