We know this is going to come as a great surprise (hope you sense the sarcasm), but the mortgage applications have suddenly dropped. The drop is reportedly do to the tax breaks expiring from the Federal Government. Here are the words “Purchase applications plummeted 27 percent last week and have declined almost 20 percent over [...]
REALTORS AND BUYERS: 5 GRANT PROGRAMS YOU NEED TO KNOW ABOUT…
I am asked all the time about grants and other programs for first time City of Chicago home buyers and people who want to learn how to invest in real estate. The rest of the time, I constantly hear first time buyers complain about the lack of programs and/or the confusion involved with getting assistance. [...]
100 FICO Points in 30 Days
By Danielle Pierce We have all seen advertisements for those self-proclaimed credit repair companies claiming to be able to raise someone’s credit 50, 100, even 200 points practically overnight. On the other hand, I am sure just as many of us have seen those warnings to beware of those very same companies. These messages are [...]
Why Every Real Estate Investor Should Hire a Property Inspector
Whenever I am talking to a Real Estate Investor about a piece of property or someone that is trying to learn how to invest in real estate, I always ask if they have had the property inspected by a professional, licensed Property Inspector. Many times my questions are met by a “deer in the headlights” [...]
What Is Social Networking All About?
There are many different reasons that social networks exist. Likewise these social gatherings serve many purposes for those who use them. If you consider yourself Internet savvy, then you probably already have a pretty good idea what social networking is. Whether you are that savvy or just getting introduced to the Internet, social networking web [...]
Thoughts Are Things
We create our reality with our thoughts, feelings and actions – so Take Responsibility Now! Yes my fellow entrepreneurs, it’s time to pick up the mirror and point the finger at ourselves. While it might feel comforting to blame the economy or our business partner or someone or something else outside of ourselves for the [...]
After the Rehab
By Gyna McElwee I’ve rehabbed over 30 properties in the past few years. I did not initially want to be a landlord. I wanted to buy, fix, and “flip”. In order to be self-employed, you need to get paid. It did not occur to me, at the time, I was giving up my steady paycheck [...]
Do you tell yourself the truth?
Have you be struggling with staying committed to the goals you have set for YOURSELF? Well you are not alone…millions of Americans struggle with self-control and self sabotaging habits. Myself included. I find that when I get too comfortable or when I allow a cheat meal to become a cheat day that I lose focus. [...]
TAFT WEST – Real PROPERTY MANAGEMENT
I had the opportunity to sit down and get an earful from Mr. Taft West. Taft West is the President of Taft West and Associates, a real property management and property-management consulting firm. I met Mr. West while taking a class with the Community Investment Corporation (CIC), a non-profit company who lends money for the [...]
FOREX HEDGE FUND INVESTING – DIVERSIFICATION OR NOT?
It is one thing to have confidence in your own trading abilities, but more importantly, it is prudent to diversify, as it fosters a higher probability of survival, or put more simply – don’t put all of your eggs in one basket. This is a great tip for beginning investing. For online forex trading this [...]
FORECLOSURES & THREE VALUATION NEEDS
By Freddie E. Taylor, MBA Foreclosure investing is very popular for real estate investors due to the high number of foreclosures occurring in the market and the opportunity to get a property at a discount. Everyone wants to know how to buy foreclosure. However, one element many investors overlook while learning how to invest in [...]
THE FEDERAL RESERVE SYSTEM
By Anita Clinton EARLY BEGINNINGS The Federal Reserve System (the Fed) was established in 1913 to bring a sense of stability, organization and security to American’s banking system. Up until 1863, the banking system was comprised of the First Bank (1791-1811), the Second Bank (1816-1836), state chartered banks, and private banks. Each bank operated independently [...]
Don’t Under Estimate the Power of Face to Face Networking
At least once a month I make it a point to attend a Real Estate networking function being held in the city of Chicago or in one of the suburbs. I am usually the first person to arrive at the function. I do this on purpose for a few reasons. I get a chance to [...]
Mortgage Fraud
By Danielle Johnson Over the past several years, there has been a constant stream of reports with regard to the continuing prevalence of mortgage fraud in Chicago. In fact, Chicago is ranked #3 on the 2006 FBI List of Real Estate and Mortgage Fraud hot spots. Surprisingly enough, Chicago gang members have entered the mortgage [...]
How to train for your first race
Training for your first race can be a huge challenge especially if you do not know what race to run or do not have a training plan. If you have never run a race, its a good idea to start with a short distance for the first few races and then move up to the [...]
Looking Back on The Mortgage Meltdown of 2008
By Greg Elberg This article explores the history of the mortgage meltdown of 2008 and the likely consequences to the public. It looks back at the savings and loan crisis of the late 1980s for comparisons. The effects on commercial finance, purchase order financing and accounts receivable financing are also discussed. Banks lend money to [...]
Career Changing Tips for Real Estate Professionals
Let’s face it, it’s not 2005 anymore. As most of the print and broadcast news stories have reported, real estate is having a difficult time rebounding from the economic slump. Buyers are trying to get approved for financing and sellers aren’t getting the full value for their home. As a sales-driven profession, the real estate [...]
PRIVATE MONEY & TRADITIONAL LENDING SOURCES
By Dave Overman For new investors just starting out in real estate, learning all the how to’s of effectively locating properties, hiring contractors and taking a project from A-Z may seem like a major task and obstacle. However, all of those road blocks are manageable. With a little education and training, you will no doubt [...]
Homeowners Ask: Where is the Love?
“All I wanna say is that they don’t really care about us” – Michael Jackson This was a powerful song with an unforgettable message. In 2010, millions of homeowners share in the message that this song delivered. As we stand in the midst of the worst economic storm that our country has seen, many homeowners [...]
INTERNATIONAL, OR OVERSEAS FUNDING SOURCES
By Graham Turnbull As far as the international, overseas, and offshore – and there is a difference between all three – lending markets are concerned, there are many misconceptions and misunderstandings. Not only among newcomers to these forms of funding, but also by those who are not so new, but are inevitably not as successful [...]
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CREATING THE MILLION DOLLAR INVESTMENT COMPANY
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Video: How to Finance the Purchase of Foreclosures
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Real Property Management
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BOOK REVIEW: THE E-MYTH
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REHAB INSURANCE – Protecting Your Investment
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BOOK REVIEW: The Millionaire Real Estate Investor
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You Must Have Professional Property Management
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Finding A New Niche: Short Sales and Foreclosures
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WHOLESALING 101 = What is Wholesaling
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Bulk of Unemployed From the Real Estate Sector?
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5 Affects of the 2010 Financial Reform Bill
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How to Appeal Property Tax Assessment
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Value Investing vs. Growth Investing
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Top 10 Cities with the Most Millionaires
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Existing Home Sales Indicate Housing Market Plunging
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Landlord Horror Stories
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Retirement Spots Best
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Orlando Patrick: Pierre, I look forward to keeping up dialog with ...
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Pierre A. Clark: UPDATE: A multi-phase, multi-million dollar develo...
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David hogard: I just visit your blog and reading your article,Su...
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Chuck Marone: WHAT CAN YOU DO IN THE EVENT YOUR TAX LIEN CERTIFI...
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Dorsey: The no cost refinance is by far better in your cir...
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Martin Thomas: I'm Interested in your thoughts.. Does 37signals o...
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premium finance: Good insight on how to stack and save your money! ...
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Todd Tresidder: Crystal - As a fun side not I was quoted in the Ke...
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