Buying foreclosure properties can be a frustrating, cutthroat enterprise. The best properties usually have investors circling like vultures. You’re never going to be able to win all your bids, but there are things you can do to increase your chances of being the winning bidder. And get the best price in the process. The following More»
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Investment real estate profitability analysis
One of the most important things every investor needs to do before purchasing a property is a profitability analysis. At first glance, many deals seem great, but upon further review turn out to be anything but ideal. You just can’t tell for sure until you do the numbers. That’s where this spreadsheet might come in More»
Foreclosures 101: Dates and timetables
When buying a foreclosure, like all other properties, you need to set a closing date for every contract. When setting this timetable you need to consider what kind of affect the proposed dates will have on your offer. More»
Foreclosures 101: Persistance
When buying a foreclosure property, the terms of the contract are undoubtedly the most significant factor in making or breaking a deal. However, there are other intangible factors at play as well. The most important of which is probably communication with the seller and listing agent. More»
Foreclosures 101: Offer pricing
When it comes to making an offer on a foreclosure property, many investors often get caught up in the “How low can you go?” mentality. Since banks can more easily absorb a loss on a property, you might be tempted to do nothing but lowball. At times this is the appropriate mentality, but don’t throw More»
Foreclosures 101: Limiting contingencies
If you’re a veteran foreclosure buyer, this one is probably obvious., but a little refresher never hurts. When making an offer on a property, do all you can to limit the number and length of your contingencies. More»
Foreclosures 101: Earnest money
Being creative with earnest money in real estate transactions is one of the most commonly overlooked negotiation points in a contract. Especially for foreclosures, with their battle-weary bank-owners trying to cover their butts. They want assurances. More»
Foreclosures 101: Financial viability
It’s no secret that many of the best investment properties on the market nowadays are foreclosures. But the the foreclosure market plays by different rules than the rest of the market. It is often fast-paced and unforgiving. More»
Speculators vs. Investors
*NOTE – This article was originally written in October of 2006 for the newsletter. In the world of real estate investment, speculation is considered a dirty word to many. While wide-scale speculation can have adverse affects on neighborhoods, moderate levels can be beneficial to both the neighborhood and the investor. When an investor purchases a More»
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Replacing old mortar for historic brick
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Sewer lateral lining
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How to pay for your real estate investments?
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Fannie Mae against investors
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Apartment Pet Policy
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Clothing racks can solve closet shortage problem
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Making your apartment showings matter
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Friendly alternatives to evicting bad tenants
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“Cash for Keys” as an eviction alternative
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What happens when you walk away from your mortgage?
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Beverly Gehlken: So sorry about entering my telephone #. I won't ...
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Matt Kastner: I understand what you mean. I have first hand expe...
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StlMama: I think the breed restrictions you mention are rat...
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Tom: This is a boondoggle. These rules against investor...
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