So brief background. I started investing in the USA around 08. Ended up in Memphis and with the help of a great mentor really got going in that city. It quickly became obvious that many parts of Memphis were terrib...
I saw an interesting interview on CNBC today of Colony Capital CEO Tom Barrack whose firm has $34 billion under management. He spoke about the many changes in housing but touched on a real interesting point. He compar...
So, in Ohio we are experiencing torrential rains - in 12 years I've lived in Lima, I've never seen rains like this...specifically in June!This pig is currently empty. There was a family of 3 in the house at a rent of ...
http://www.bizjournals.com/austin/news/2012/02/23/forecast-austin-job-growth-revs-up.html?ana=lnk
Some highlights:
19,000 new jobs are expected this year after 13,000 last year.
Unemployment rate could drop below 5...
Lenders are getting more and more aggressive in their underwriting - read this...I am researching a project and reached out to a friend who is working for a big lender. He confirmed - they are approving stuff that m...
I constantly see investors buying up HOA liens at the foreclosure auction and wonder what is the reason? If they had no mortgage or a low balance on the mortgage, I would understand. Most times they are way under wate...
Newbie here and here's the 411 on this deal. My cousin rents a house in Albuquerque that I stay at whenever I'm in town. He finishes law school in May at which time his lease ends (unfortunately he's not gonna be a re...