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 […]
Entries Tagged as 'real estate'
Can I Really Invest in Real Estate Without Money?
April 2nd, 2008 · 13 Comments
Tags: Beginner · real estate
What drives Real Estate values?
March 24th, 2008 · Comments Off on What drives Real Estate values?
Tweet Do you know what drives real estate values? (OK besides the silly speculation we saw over the last few years). It is jobs. Jobs drive population growth. Population growth fuels demand. More demand drives up prices. Pretty simple huh? Jobs also drive the demand for office and industrial space. More rooftops drives the demand […]
Tags: Business and Finance · real estate
Subprime mortgage problems explained
March 22nd, 2008 · Comments Off on Subprime mortgage problems explained
Tweet Here is PowerPoint explaining the sub-prime mortgage problems and how they came about. It is quite funny but contains language that some may find objectionable. The Subprime Primer Again, I caution about the language. Imagine the type of language you might use if your house was foreclosed upon. I found this on Cass Tyson’s […]
Tags: Humor · real estate
Tenant Screening
March 19th, 2008 · 5 Comments
Tweet Tenant screening is one of the keys to being a successful landlord. Sadly many landlords do a poor job of this. Sometimes it’s lazyness, sometimes ignorance, sometimes simply desperation to get someone tenant back in the property to help make mortgage payments. Trust me on this one, it is time well spent. You simply […]
Tags: Landlording · real estate
Landlording tips
March 19th, 2008 · 2 Comments
Tweet Surfing the web lead me to Scott Ficek’s Minnesota Investment Real Estate Blog. He has a number of tips about landlording. He had an interesting post about a tenant that claimed that the rent was no longer due on the first because the landlord regularly accepted rent later. He includes a link to the […]
Tags: Landlording · real estate
More about insurance
February 16th, 2008 · 1 Comment
Tweet Earlier I spoke about getting insurance for a vacant house I bought at auction. It’s important to understand that most typical landlord policies will not cover a vacant house. Most landlord policies assume the property is livable and someone is in it. Most will not cover a property that has been vacant over 30 […]
Tags: real estate
Isn’t Google wonderful?
February 9th, 2008 · Comments Off on Isn’t Google wonderful?
Tweet Have you ever typed your own name into Google? You should try it. An old girlfriend clued me into this trick. She said was checking me out. I had to see what she found. It’s fun to see what your own ranking is. Do you make the first page of results? I just tried […]
Tags: real estate
Equitable Interest
January 22nd, 2008 · Comments Off on Equitable Interest
Tweet If you purchase a property at auction you are likely to see the following terms: “Purchaser shall be responsible for obtaining physical possession of the property and assumes the risk of loss or damage to the property from the date of sale forward. ” This is a good test to see the quality of your […]
Tags: real estate
Where Is the Market Going
January 9th, 2008 · 4 Comments
Tweet I was recently invited to participate in a panel discussion in front of my local Real Estate Investor Association (REIA). We were asked “Where do you see the market going?” I answered: 1) We will see a continuing of the recent market; slow sales in terms of quantity and moderately dropping prices. 2) You will […]
Tags: real estate