Sitting down this morning getting my Fox News fix, I noticed a release by the NAR that has me re-thinking a position I have taken…

Here is the link to the NAR news release.  To summarize, the position the NAR takes is that housing will start to pick up in 2008.  Existing home sales will rebound, [...]

Everyone has weighed in with their opinions about the proposed government bailout of some of the 1.2 million people facing foreclosure… I guess I’ll toss out my nickel (side thought… if everyone that has offered an opinion actually gave up the nickel, WE could bail out the people facing foreclosure…)

I don’t like government bailouts.

I’m a [...]

Below are the numbers for September 07. Before getting into the numbers, I would just like to mention again that I will now be working to post numbers right at the beginning of each month for the month that ended 30-35 day prior. I would love to be able to post up the [...]

I just can’t help myself…

I just ran across this little release from the NAR. Basically, the CEO of Countrywide says that the subprime mortgage mess could widen the home ownership gap between whites and minorities. However, in the same daily brief, the NAR sent out this piece as well. it states that [...]

This morning, the NAR kindly sent me this little update through the Real Estate Insights eNewsletter. It explains, quite well, the steps that we will need to move through before the market stabilizes, both locally and nationally. And then, this afternoon, in my REALTOR(R) Magazine Daily Online, I got this story.

Both have something [...]

Here is a loaded term for a car guy. Maintenance. We do it for our rides, and just about nothing can stand in the way. I’ve known guys that bordered on religious about changing their own oil. I’ve seen them pull into a rest area along the interstate, slide under the [...]

This entry will have two distinct parts.

Part I

If you are a seller, or thinking about selling because you are in financial trouble, STOP. Examine what you are doing and why. Examine all of your options. Talk to a credit counselor, like CCCS in Atlanta (no experience with them personally, but Clark howard said…). [...]

Back in Real Estate Investing 101, Part II, I briefly mentioned “Shifting Classes” after the Buy & Hold strategy. There are a few different ways to shift classes and uses that can build value for investors.
Residential to Commercial

One of the most common ways to increase value while shifting classes or use is to have [...]

I get the occasional call from people that have a house they wish to sell quickly. Often, the home is in less than optimal condition (sometimes heinous is a word that creeps into my mind). They range from estate sales to pre-foreclosures to rentals that the owner doesn’t wish to handle any more. [...]

Real Estate Investing 301

Advanced strategies

In Real Estate Investing 101, Part I we covered buying a house to resell for a short term profit, while minimizing risk and making it happen fast. We delved further into flipping in Real Estate Investing 201. In Real Estate Investing 101, Part II we covered buying and holding property for [...]