Baltimore Real Estate Investing Blog

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

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Entries from March 2010

2010 Howard County Tax Sale Anounced

March 31st, 2010 · 13 Comments

Tweet Update – see 2011 Howard County Tax Sale Howard County has announced the date of the 2010 tax sale.  The date will be May 24th 2010. Howard County traditionally has run their tax sale as a live auction and it appears that this year will be no different. A tax auction is for a […]

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Tags: real estate · Tax Liens

Cash Flow Game

March 29th, 2010 · 3 Comments

Tweet Join me and my friends from REACH to play the Cashflow game at Bare Bones Grill and Brewery in Ellicott City, MD April 8, 2010.  It is a great opportunity to network with like minded individuals who are interested in Real Estate and building their net worth.  RSVP for the CashFlow Game here. The […]

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Tags: Beginner

Baltimore Neighborhood Map?

March 24th, 2010 · 2 Comments

Tweet Baltimore is a city of neighborhoods. Many of these neighborhoods have colorful names that hint at the history of the neighborhood, Greektown,  Butchers Hill,  Brewers Hill etc.  Live Baltimore has a page describing Baltimore Neighborhoods But do you really know the true borders of those neighborhoods?  There are official names for every part of […]

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Tags: Advanced tips · Beginner · real estate

WBAL Channel 11 Report on Tax Sale

March 18th, 2010 · 4 Comments

Tweet Here is a video from WBAL channel 11 news.   The city to sell properties behind on taxes.  ( It’s only about 3 min long, including the commercial) I was expecting it to be another piece bashing investors and tax lien buyers.  It was actually more about the size of the tax sale list in […]

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Tags: Tax Liens

Are You on the Tax Sale List?

March 17th, 2010 · 2 Comments

Tweet Today’s Baltimore Sun had the tax sale list of properties that are delinquent on property taxes and municipal bills.  There are approximately 28,000 (!) on the list.  This is the largest I have seen and an indication of the effect that the economy is having. Are you on the list? You better pay up […]

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Tags: real estate

Tougher Lead Laws Coming?

March 16th, 2010 · 1 Comment

Tweet Maryland’s Groundbreaking Lead Law Marylanders can be proud that we introduced a ground breaking lead paint law in the 1990’s.  This was politics at it’s best creating a law that was a win – win for both tenants and landlords.  If landlords registered their properties and took steps to prevent lead paint hazards they […]

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Tags: Law and Regulations · real estate

Gobbledygook

March 8th, 2010 · No Comments

Tweet I recently wrote about the SAFE Mortgage Licensing Act.  Here is some of the actual wording from the proposed regulations regarding the SAFE Act. As noted earlier, the SAFE Act encourages CSBS and AARMR to establish and maintain the NMLSR, and  these organizations have development of the NMLSR under way.   In addition to […]

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Tags: Humor · Law and Regulations

Owner Financing? – Not Unless You Are Licensed!

March 7th, 2010 · 4 Comments

Tweet HUD has proposed new mortgage licensing regulations that would affect how investors do owner financing.  Unless you are selling your own personal residence you would have to be a licensed mortgage loan originator in order to offer owner financing.  I felt this is an unreasonable and unnecessary requirement and submitted a comment saying so […]

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Tags: Law and Regulations · real estate