Baltimore Real Estate Investing Blog

Ned Carey's Comments on Real Estate Investing, Business and Finance

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Entries from April 2008

Give Credit Where it is Due

April 18th, 2008 · 3 Comments

Tweet As real estate investors we often hear about how we need a “team”. You know, the contractors, lawyers, accountants, real estate agents etc. that we need to do this business. How do you find good team members? The best way is referrals from other successful real estate investors. This is the age old problem […]

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Tags: Business and Finance · real estate

My Day in Court

April 10th, 2008 · 5 Comments

Tweet Today I was in court for a receiver action; or as the city calls it a “Show Cause Hearing”. I have to show cause why a receiver (see What is a Receiver?)  should NOT be appointed to auction off my property. I had a tax lien on 526 N Arlington Ave 21223. The city […]

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Tags: real estate

What is a Receiver?

April 9th, 2008 · 5 Comments

Tweet In the fight against blight, former Baltimore Mayor Martin O’Malley instituted project 5000, where the goal was to acquire 5000 houses and sell them to investors and home owners. Most of these properties were acquired through tax foreclosures. These houses were sometimes sold as packages to developers or as SCOPE properties (Selling City Owned Properties […]

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Tags: Advanced tips · Law and Regulations · real estate

Can You Say Stagflation?

April 3rd, 2008 · No Comments

Tweet A serious post with a funny video Stagflation is a term from the 70s.  It is when we have inflation (higher prices) but do not have economic growth (higher wages). This is one of the worst possible economic scenarios. We could be headed that way now.  Without the higher wages of economic growth we […]

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Tags: Business and Finance · Humor

Can I Really Invest in Real Estate Without Money?

April 2nd, 2008 · 13 Comments

Tweet Can you do this business without money? Many late night TV gurus and seminar instructors seem to pitch this angle of real estate. In fact there are many people who have been deeply in debt or even homeless that have had success in real estate investing. But is this realistic? These people are the rare […]

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Tags: Beginner · real estate