Investing

When my wife and I started our Residential Redevelopment business, one of our goals was to make a positive impact on the area that we are investing in one property at a time. Since we have been in business for a while now and have some data, it is time to review just what impact […]

                            A mortgage provides security to the lender in Real Estate transaction. It is recorded at the county courthouse as a lien against the property. When the property is sold, the lender is the first to receive money from the proceeds of […]

I purchased a home off of Auction.com a couple of weeks ago. When I tell people where I found the property that I am renovating the follow-on question is “how do you purchase a property off Auction.com?”.  I am not an expert but am willing to share my limited knowledge. Use this blog to increase […]

Everyone in business makes mistakes. When you are self-employed your mistakes tend to sting a little bit more. Instead of explaining yourself to a boss, there is nobody to blame but yourself. Under the right circumstances a mistake can be used a learning experience. However, if you continue to make the same mistake again eventually […]

Many people are still wondering whether or not real estate is one of the best investment strategies for long-term wealth building. Is investing in homes still a smart investment for the average individual? Is a home still the best investment of a lifetime for most Americans? If so, why are some pessimists still questioning the rebound […]

“Fix it and flip it” is a phrase often associated with real estate. With this in mind, many homeowners undertake major renovation to their residences before putting them up for sale: Sprucing up the place will always send the sales price soaring, right? Wrong. More often than not, these upgrades fail to pay for themselves. Read […]

We have heard this word “foreclosure” all our lives, but do we really understand what this word means or even what it implies? Let’s look at an overview of what foreclosure is and examine the five stages of a residential foreclosure. Simply put, foreclosure is the process by which a homeowner’s rights to a property […]

HUD Guidelines 24 CFR 206.125 You are interested in a home and in the listing agents remarks you read: Property is being sold subject to HUD Guidelines 24 CFR 206.125. You immediately say to yourself “What does that mean?.” You then pick up the phone and call your REALTOR (if you are working with one already) or […]

A healthy real estate portfolio is one of the keys to true long-term wealth. Even a sole single-family rental can completely change your financial outlook. As much as you may see the upside with a rental, there are a handful of negatives that can be difficult to ignore. There is no question that if you […]

I had a discussion the other day with a friend of mine about should a young person buy or rent a property to live in.  The answer is rather complex and consist of many factors including financial and emotional. It also depends on what stage of life you are currently in.  My final conclusion might […]