Interest Rates Are Still Low, But Rents Are Climbing
Monday, October 05
At last week’s meeting of the Federal Reserve it was determined that interest rates are not slated to start climbing this month, so that’s good news for home buyers. However, in the big picture it’s not good news for people who lease their homes.Rising rental costs and low mortgage interest rates...
How To Become A US Citizen By Investing In A Business (Including Comme
Thursday, October 01
Back in 1990, Congress established an opportunity for foreign investors to invest in US businesses, including the ownership of commercial real estate, and ultimately go through the process of getting a green card for permanent residency. The program results in an EB-5 investor visa and it’s manag...
It Has Begun – The New Upswing in REOs
Sunday, August 30
Like the sound of thunder in the distance, another wave of home foreclosure listings has been getting closer and closer. Now it’s here. But the increase in REOs, homes owned by banks and mortgage lending companies that are finally getting listed on local markets can be a bit confusing because the...
Flipping Houses Is Alive and Well
Saturday, August 29
We’re coming into the 4th quarter of 2015, and flipping houses is alive and well right now. But it’s not the same as it was when I got started long ago.Money is tighter and houses are much more expensive, for two examples of how things have changed. Which might explain the stats revealing houses ...
My $1.5 Million-Dollar In-Flight Real Estate Deal
Thursday, August 06
Nobody could have convinced me when I embarked on the trip to Inman Real Estate Connect, from Oklahoma City to San Francisco this week that I’d own another piece of property between the time the plane took off and landed. A piece of property I’d never known about before I received an email i...
Watch Out, Here Comes TRID. Are You Ready?
Monday, August 03
If you don’t know what TRID is, now would be a good time to find out. I’m writing this post to familiarize myself with TRID, and in the process I’m sharing my thoughts with you.TRID stand for TILA/RESPA Integrated Disclosures. I wrote about these big changes we will experience at the closing tabl...