The basic information for this post has come from the book Aftershock written by David Wiedemer and Robert Wiedemer with the assistance of Cindy Spitzer. These are the same authors that four years ago wrote America's ...
I am interested in other investor's comments relative to the effect the current financial market crisis will have on real estate investing. In particular the area I am most involved with and that is wholesaling?
I listened to former CEO of BB&T John Allison speak at Harvard Law School this morning. Give us Liberty, but not a Bailout!He talked about bad mistakes made in real estate driven by governmental policy. And anxiet...
Hi everyone,
With this "supposedly next financial crisis " near by, does anyone have any recommendations of what to do with our real estate investments?
Sell?
Refinance a fully paid house?
What about liquidity in a ba...
Here is an interesting read from the government that just came out from the FCIC.
Enjoy:
http://c0182732.cdn1.cloudfiles.rackspacecloud.com/fcic_final_report_full.pdf
Interesting TIME article about root cause of the US financial crisis .... not sure I agree but put a different spin on what I've read and believed before:
"There is no doubt that the pressure on the U.S. financial sy...
We've had a long-standing, complex medical situation with our family that has turned into a family emergency. Our 32-year-old daughter-in-law, the mother of four young children, has developed breast cancer. We need ...
3 Myths of the Financial Crisis
MYTH #1: Greedy Bankers Preyed On the Weak
Greed is not unique to bankers. A culture of house-flipping, "liar loans," and easy money ran deep through the post-2000 cultur...
I am a newbie to BP but just love all the content! I am interested in hearing how folks were impacted during the last down turn and actions you took. I know property values dropped tremendously but were there other ...
This past week was a crazy time for the UK. The government did a complete 180 on several fronts. The reason later came out. The recent hike in interest rates was causing their pension system to unravel due to some ...