Why You Should Buy a Rental Property
March 8th, 2011 by Marco Santarelli It is an out-of-favor asset class that has attracted the attention of David Ackman, a hedge fund manager with a fondness for contrarian investments. “The...
Why Real Estate Investors Love Inflation!
07.03.2011 Blog, General Investing, Home Brew, Investment Properties, Mortgage, Properties, US Real Estate
February 10th, 2011 by Marco Santarelli Investors love real estate because it acts as a hedge against inflation. This occurs for several reasons: One, on an historical basis, housing prices rise just as...
Trulia report shows buying cheaper than renting in most major metro areas
28.01.2011 Arizona, Blog, Economics, Florida, Foreclosures, General Investing, Investment Properties, Properties, US Real Estate
by CHRISTINE RICCIARDI Monday, January 24th, 2011, 11:02 am It is cheaper to buy a two-bedroom home than rent one in 72% of major metropolitan areas around the U.S., according to the...
U.S. home foreclosures reach record high in second quarter
Bank repossessions increased 38% in the second quarter from the same period a year earlier for a record total of 269,952, according to data to be released Thursday by RealtyTrac. Short...
Bad Credit = No Loans? Think Again. The Future Of Loans
I'm no expert about lending, loans, credit scores and credit repairs. But, I have been around conducting business for years. The fact that you have foreclosured, been late on payments, short-sale or anything similar WILL...
Lenders Slow Foreclosures By 5% in 2010, Boosting Shadow Inventory: RealtyTrac
by Jon Prior 11:00 PM July 14, 2010 Foreclosure filings dropped 5% over the first half of 2010 as lenders continue to delay proceedings to focus on short sale and loan modification...
How Far Underwater Do Borrowers Sink Before Walking Away?
By Nick Timiraos At what point do borrowers who owe more than their homes are worth decide to stop paying the mortgage? A new study from economists at the Federal Reserve Board aims...
Fannie Wants To “Lockout” Borrowers Who Strategically Default
By Nick Timiraos Fannie Mae said on Wednesday that it would “lockout” borrowers from getting a new loan for seven years if they “strategically default” on a property. The move is...
Investing In The Bay Area vs. Out-of-State
Let the numbers do the talking Assumption San Jose Orlando Price $450,000 $75,000 Down-payment 20% $90,000 $15,000 Mortgage $360,000 $60,000 Rent $1,750 $1,000 Expenses P&I 5.5% $1,700 $320 Taxes $330 $125 Insurance $150 $60 Property Mang. 8.0% $0 $80 Other $0 $83 Total $2,180 $668 Cash Flow Monthly -$430 $332 Annual -$5,160 $3,980 After 10 years 200% $900,000 $150,000 -$61,920 $47,760 $838,080 $197,760 Properties are available in Orlando, Phoenix, Atlanta, Denver and Oklahoma city. ...
International buyers like U.S. residential real estate
International buyers are snatching up U.S. residential real estate, with people from Canada, Mexico, the United Kingdom and China doing the most buying. The National Association of Realtors in D.C. said...