Home Run Deals vs. Steady, Passive Income (Hare v. Tortoise)
Monday, October 29
Newbies on the "fringe" often hear about real estate investing through sources which churn up emotional enthusiasm over the thought of "quick", "easy", and/or "huge" profits. In truth, very few ever have the "home run" experience again and again. Not to say that it doesn't/cannot happen, and it...
Easy $400/Month RE Annuity - My Latest Deal
Monday, October 29
This is a quickie but goodie. I had been involved with a short sale for a particular property, on and off, for more than three years. The bank (Ocwen) kept dropping the ball, changing reps, etc, and the file was continually kicked down the road. Meanwhile, the resident remained in the house. I...
Government-Backed Financing
Thursday, October 18
Yesterday, I got involved in a discussion thread that evolved, tangentially, into a disucssion of using gov-backed mortgage money. To be clear, I feel very strongly AGAINST federal backing of mortgage loans and all manner of its secondary market inclusions. Here is my most comprehensive stateme...
Real Estate Investing: My Story
Wednesday, October 17
Ah, if I would have known then what I know now! Since 2004, I’ve been navigating a career through the tumultuous labyrinth of real estate. Little did I know and only tragically did I discover, my timing for entry could not have been worse. While the first couple years were smooth enough, I was li...