More woes for the sub-prime mortgage market :: What it means for investors
Earlier this month I commented on how players in the sub-prime market were taking a beating.
In defense of Real Estate Speculators :: four points to consider
Not long ago I wrote a post on Real Estate Speculating vs. Real Estate Investing. My main point was that
A new image for the Real Estate Bubble?
Okay, here’s a new way of looking at things: perhaps irrational exuberance isn’t the bane that we thought it was. Okay, maybe investors took a financial bath by loading up on tulip bulbs back in the 1600’s or shares of pets.com in the 1990’s - but hey, they were contributing to the greater good!
Real Estate Investors :: Negotiate based on Principles, not Positions
I wrote an earlier post on negotiating, stressing the idea that investors should negotiate based on principles instead of trying to defend established positions. What do I mean by this? I mean that if you negotiate based on a position (example: I’ll pay $100 thousand and not a penny more) then you’ll end up digging your heels in on something that may not be the only path to getting to the principle that’s really at the core of your best interests (perhaps the seller could offer seller financing? Or give a package discount on the neighboring plot?)
Working with Realtors :: are you getting what you need as a real estate investor…and paying accordingly?
Recently I was looking for a new tenant for a single family home that was going to be vacant in about a month’s time. The house is in the back of a quiet cul-de-sac, so I spoke to a neighbor a couple of houses over on a busy corner and paid her $20 bucks to put a “For Rent” sign with my phone number in her front yard.
Inside the investor mindset (or :: why my Realtor® is about to kill me)
Ok, so I’m in the middle of a 1031 tax deferred exchange, the result of a New Years resolution to cash out of a high-end townhouse that had generated some equity and reinvest into a property(ies) that generates better income.
Internet Marketing “Booby Trap” - The SICK truth about Internet Marketing
I just wanted to write a quick post explaining the sick state that Internet marketing is in these days. People are getting ripped off left, right and center. People are failing at a higher rate then ever, and people are also spending more money with less return than they ever have online!
Real estate investing software :: what does it bring to the investor?
Real estate investing software is what EquityScout is all about. Ironically, it’s not something that I talk about a lot in this blog. There’s a reason for that. In my view real estate investment software is a tool
Real Estate Investors :: Working with Realtors
A few days ago I wrote a post about inefficiencies in the real estate industry, and how most investors who sell a home using a Realtor will end up overpaying if they pay a five or six percent commission.
I wrote a similar post over at ActiveRain, a real estate network populated primarily by Realtors. A fairly interesting dialogue ensued, but overall I felt about as welcome as Don Imus at a rap concert.
Buying with zero cash down. Is it really possible?
The first time you see the ad Scotia Bank 100% Mortgage Program, you may ask yourself…What’s the catch?
Perhaps Scotia Bank still requires the 20% down, but gives you the option of a line of credit?
OR…they really offer to finance you 100% BUT with rates a lot higher than the regular mortgages?