The idea behind “turn-key” real estate investing is that an investor can purchase a property from a company that will then manage that property for them, a kind of “hands-off” investment for busy professionals or investors.
In response to several comments and requests I’ve had recently, I’m going to address a topic that is a big issue for real estate buyers and sellers. Specifically, what – beyond the generic answers – what makes a particular real estate agent “great” and therefore a premier choice for a buyer or seller? photo credit: […]
Every time I see one of those reverse mortgage commercials on television – especially the one with Fred Thompson – I have to fight the urge to throw something at the TV. I’ll come out of the closet and admit it, I hate reverse-mortgage commercials with a passion that is difficult to describe. For one […]
There’s no shortage of options when it comes to financing your next personal home purchase. The list of potential options includes FHA, VA, USDA, and a myriad of other “low-down-payment” loans available. This category of loans is known as “government insured,” meaning that the lender can file an insurance claim through the appropriate government agency, (FHA, VA, etc), if the borrower defaults on the mortgage.
Think the days of risky subprime loans are behind us? Now that Dodd-Frank has been implemented, a lot of the talk has been about The “Qualified Mortgage Rule”. Supposedly this new rule known as “QRM” is going to protect consumers from lenders who are willing to make reckless, high cost loans to unsuspecting borrowers. Here […]
According to Federal Reserve economists, the rate of new household formation has plummeted to it’s lowest level since records began being kept at the end of WWII. Down some 59% from the historical trend, we are seeing around 550,000 new households formed each year, as opposed to the average of 1.35 million per year through […]
1. Help Reign In Rampant Speculation Speculation on the most massive scale in human history is taking place in virtually all of America’s major cities today. Fueled by trillions of dollars at near-zero interest rates, courtesy of the Federal Reserve. Tens of billions of dollars monthly, is being loaned to recently created, (i.e. no track […]