All Forum Posts by: Ted Harris
Ted Harris has started 39 posts and replied 537 times.
Post: Agents inquiring about hard money...
- Real Estate Investor
- Portland, OR
- Posts 660
- Votes 244
cash = no appraisal needed which can be issue in some areas ...
Post: Anyone flipping buildable lots?
- Real Estate Investor
- Portland, OR
- Posts 660
- Votes 244
Well Ted, in that case, here's more on where that idea came from:
Thanks Steve!!
Post: Anyone flipping buildable lots?
- Real Estate Investor
- Portland, OR
- Posts 660
- Votes 244
I like this idea!
Post: Tax credits expiring--what will happen?
- Real Estate Investor
- Portland, OR
- Posts 660
- Votes 244
In Las Vegas where close to half of all closing are cash, it'll have little to no effect ..... in Portland, Oregon it may slow starter home sales a bit but interest rates remain at historic lows which helps.
Post: Anyone flipping buildable lots?
- Real Estate Investor
- Portland, OR
- Posts 660
- Votes 244
Building has re-started where I live .... market appears to have thawed and showings signs of life. Anyone have success finding a lot(s) that may have been abandoned say 2-3 years ago where they picked up on the cheap and re-sold to a builder?
Post: TARP, P-PIP.
- Real Estate Investor
- Portland, OR
- Posts 660
- Votes 244
That seems very wrong :nono: .... glad you didn't bite!
Post: Hello all...
- Real Estate Investor
- Portland, OR
- Posts 660
- Votes 244
Welcome to BP Nation Joseph!!
Post: "Why invest in real estate when stocks are better?"
- Real Estate Investor
- Portland, OR
- Posts 660
- Votes 244
New research show disappointing stock returns dating back 50 years ....
http://www.bloomberg.com/apps/news?pid=20601109&sid=aVZEFfnDQdyg&pos=15
Post: Would you recomend having a coach and/or mentor?
- Real Estate Investor
- Portland, OR
- Posts 660
- Votes 244
Bingo!
Post: New wave of foreclosures coming- Worse than first wave??!!
- Real Estate Investor
- Portland, OR
- Posts 660
- Votes 244
There are now millions MORE homes in jeopardy with more problems to come. As article explains, it normally takes 6-7 months of missed payments before lenders start foreclosure. Millions of homes are falling into that area now. Lenders are still not lending, which means purchases must be for cash.
Hearing or reading news like this excites me ... means the window of opportunity on buying cashflowing properties remains wide open for awhile. Buy, get tenant, build up reserves, buy, get tenant, build up reserves ....