According to Reuters, S&P has downgraded the US Credit Rating from AAA to AA+ and may likely downgrade again in the next year plus.

Thoughts? Insight?

I realize this may get political, but think this is an impo...

Never know what to believe. News this morning was talking about section 8 payments no being made and section 8 appealing to landlords not to evict .. I don't think many would evict over one missed payment given the si...

Hi BP, I recently purchased a REO property in Georgia. The occupants who are currently living there I suspect are squatters. I've seen the house and it's a total mess. Police have frequented the property on many occas...

I just came across this in an newsletter I get. It centers around a law that has already passed the US Congress and is about to be voted on by the senate--- HR1728. It will most likely KILL the owner financing option ...

If you are interested in mobile home lending as I am then it is time to face the facts that we cannot continue business as usual. The Safe Act only woke me up to the myriad of laws that we should be complying with an...

Chicago is a hot market now but the State, County and City all have significant public employee pension and healthcare debt (that cannot be reduced except maybe in a bankruptcy).  Property taxes are already high, but ...

I had someone bring up an interesting business plan after my recent trouble with purchasing a HOA lien that was thought to be a first mortgage. The idea would be to purchase HOA Liens and then rent the property out ti...

Well the uber doom-and-gloomers have been decidedly reticent of late. This changed recently in the blog arena. Changes in purchasing patterns of bonds later this year seem to have everyone in a tizzy now.

I renew...