I think it is healthy to stay on top of the real estate market and pay attention to what is being said and talked about in the news media, in real estate circles, by real estate professionals, etc. No one knows what is going to happen in the next year or so in the real estate market. Anyone who says they do know should be ignored; because, short of having a cystal ball, how could anyone know, it’s the future. Having said that, here is an interesting perspective on where […]
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Housing Legislation
July 25, 2008 in RESIDENTIAL R.E.
Trying to follow legislation in the House of Representatives and US Senate oftentimes leads to nothing but a big headache. However, I thought it would be useful to at least post on the Housing Recovery Act that has been getting a lot of coverage in the news media. You don’t have to know the minutia of these types of issues, but you do want to be informed and educated as to what is happening in the housing industry and in the real estate market. House Passes Bill That May Stem […]
Use Real Estate Agents Effectively
July 24, 2008 in RESIDENTIAL R.E., Step 02: Build a Team
Use Real Estate agents effectively. All the deals you do will not involve real estate agents but they can and should be a valuable part of your business. Be prepared when you call and speak with an agent that you are considering adding to your team. Demonstrate to them that you have put some thought into your business and are fully dedicated to being a successful investor. Think about various strategies you are interested in, consider different market areas you are thinking about targeting, put some thought into your financing […]
Credit Scores
July 23, 2008 in RESIDENTIAL R.E., Step 07: Fund Your Deals
I thought this short article would be helpful for investors unfamiliar with credit scores. I like the note, but I don’t like the title of the article “Good Credit Is Step One For Buyersâ€?. For investors, step one is finding potential deals and in many cases, credit doesn’t come into play at all because we are doing non-traditional creative deals. One of the attractions to real estate investing is the fact that you can invest successfully even if you have a terrible credit score. Having said all that, I still […]