More Pain Ahead (But also more opportunities)
Thursday, November 19
I suspect over the next 30-60 days it will become ever clearer that we are still in the throws of painful real estate correction. Over the next several months I expect several things to happen: 1) Delinquencies to continue higher (Currently 9.6% this likely goes to over 12% and maybe as hi...
Section 8 Rentals – Good or Bad Investments:
Tuesday, November 17
As a real estate investor who aims to own cash flow properties one of the first choices you will have to answer for yourself is do you want to rent to Section 8 tenants? In my investment area the lower end of the rental market is dominated by Section 8 tenants. First I should be honest I suppor...
Invest with Obama and don’t bet against him:
Saturday, November 14
In the stock market there is a general understanding that investors or the market should never bet against the Fed (Federal Reserve). As a small time property investor I think we should tweak this message to never bet against Obama!!! I am a very simple man who is only interested in supporting ...
Every Investor should do this at least once!!!
Tuesday, November 10
As an investor who has been in the game for a while and built up a nice little collection of properties I did something this week I should have done a long time ago. At first I was ok making excuses and just paying someone else to turn my properties and perform basic repairs. As my list of pro...
Your opinion is welcomed as something feels off in the current market.
Sunday, November 08
The market that I focus on has seen a tremendous change in the last 6 months and more specifically in the last 60 days as things have gotten really strange. I suspect we are seeing a collection of events collide. What bothers me is I can’t tell if these events are going to be something we can b...
If we were starting today what would we do?
Saturday, November 07
To say we are currently in unusual times in real estate would be an understatement of gigantic proportions. However, as a new investor looking to simply plant a few seeds that can be harvested later, your timing couldn’t be better. If we were new investors just starting out we would do the foll...