by David Krulac | Oct 15, 2013 | Miscellaneous, Real Estate Investing Strategies
We buy lots of houses from tax sales. This is the story of one of those houses. A retiree moved from New York City to Pennsylvania and paid $150,000 all cash for a nice 1,700 square foot house. It was all brick, had a large two-car attached garage, nice level yard,...
by J.P. Vaughan | Oct 12, 2013 | Real Estate Investing News
All the Real Estate News That’s Fit to RE-Print™ Welcome to our weekly edition of Real Estate Investing News This Week. Here’s the best of this week’s real estate news: Foreclosure inventory is down 34% Foreclosure “activity” is down 27% The housing market...
by Jim Ingersoll | Oct 8, 2013 | Creative Real Estate Investing, Real Estate Investing Strategies
Okay, I confess. Once in awhile, I do indulge in McDonald’s burgers. And when I order a #1 combo, they always ask me if I want to “supersize” it. The supersize combo gives me more fries and more soda, which may not be good for my health, but always...
by Al Aiello, CPA, MS Taxation | Oct 7, 2013 | Asset Protection, Real Estate Tax Strategies
“My lawyer told me umbrella insurance is enough to protect me, so I don’t need an LLC.” ~ An ill-advised Real Estate Investor With lawyers like the above, who needs enemies? You should absolutely have liability insurance. But insurance doesn’t protect you...
by J.P. Vaughan | Oct 5, 2013 | Real Estate Investing News
All the Real Estate News That’s Fit to RE-Print™ Welcome to our weekly edition of Real Estate Investing News This Week. Here’s the best of this week’s real estate news: CoreLogic Home Price Index: Prices Up 12.4% HUD announces new short sales requirements RealtyTrac®...
by Phil Pustejovsky | Oct 3, 2013 | Creative Real Estate Investing, Miscellaneous, Real Estate Investing Strategies
How is the government shutdown affecting real estate investing? Those investors who buy and then resell, or flip, properties to retail buyers are the most affected because the shutdown is playing havoc with the loan origination process. And when buyers can’t get...
by William Bronchick, J.D. | Sep 30, 2013 | Foreclosures/Short Sales
This is the make or break of your short sale proposal. You must set the stage to show the bank why it is in their best interest to take a discount now rather than later. Prove how they will make more money by releasing the lien now rather than going through a costly...
by J.P. Vaughan | Sep 28, 2013 | Real Estate Investing News
All the Real Estate News That’s Fit to RE-Print™ Welcome to our weekly edition of Real Estate Investing News This Week. Here’s the best of this week’s real estate news: Case-Schiller Indices: 12% annual rate of gain continues RealtyTrac® August 2013 U.S. Residential...
by Jackie Lange | Sep 23, 2013 | Creative Real Estate Investing, Miscellaneous
A “Lonnie Deal” (named after Lonnie Scruggs) is when you buy an older mobile home for a couple thousand dollars, then resell with seller financing for 2,3,4 times more. Often you get all your money back within a few months. After that, it’s pure cash flow....
by J.P. Vaughan | Sep 21, 2013 | Real Estate Investing News
All the Real Estate News That’s Fit to RE-Print™ Welcome to our weekly edition of Real Estate Investing News This Week. Here’s the best of this week’s real estate news: Existing home sales highest in 6 1/2 years Building permits and housing starts are up Top 25...
