8 October 2008 | 43 replies
investers and especially the buyers want properties in good safe places, like close to schools, parks, sports areas ect... places with low crime rates in up kept areas.
2 September 2008 | 28 replies
If I do any more low-income rehabs I'll be getting my concealed carry permit.
8 September 2008 | 26 replies
Hopefully the traffic is low cost or free.
16 September 2008 | 15 replies
Appraisals mean nothing, whether they are high or low.
28 August 2008 | 3 replies
I get my information from here or free to low cost videos and books.
22 August 2008 | 9 replies
Normally my houses are for sale lower than the houses that are forclosed on.I get my leads from distressed sellers and get it under contract for low enough that buyers would rather buy directly from someone like me at a lower price than have to deal with the bank at a higher price.
25 October 2008 | 45 replies
Quite honestly, Jason, this is a very uncomfortable market to be over-extended in.I would bet that those of us who are low on mortgage payments are sleeping better right now than those who have heavy mortgages to meet and tenants who are losing their jobs and can't pay rent.When you get ready to retire, it is quite nice to have rents coming in and no mortgage payments going out.
22 August 2008 | 1 reply
That's easy to determine by looking at the classified ads in your local newspaper or talking to other successful landlords in your area.Finally, your insurance cost of $22 per month looks suspiciously low to me.
27 August 2008 | 1 reply
European investors have been buying American real estate because, with low prices plus the exchange rate, it has been double cheap for them..Probably the change in exchange rates isn't a big enough change to make them stop buying.I know that some of you are following both the stock market and foreign currency.
12 September 2008 | 6 replies
This is considered the largest annual decline since the last recession of 2001 when banks started tightening credit.The Federal Reserve also conducted a survey in April this year of senior loan officers which reflected that 55% of American banks had tightened their lending requirements for commercial and industrial loans to small and mid-size businesses. 70% of those surveyed said they have made the loans more expensive.With the Federal Reserve trying to keep interest rates low so that money is available to jump start economic activity, the banks are not going along with the plan by holding on to their money.