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Senate Passes Homebuyer Tax Credit Extension

The Senate has passed a bill to give homebuyers another three months to close on their homes and receive tax credits up to $8,000. The Tax Extenders Bill would apply to homebuyers who met the April 30, 2010 deadline with a signed contract to purchase a new or existing primary residence. The amendment would extend the deadline to September 30, 2010 for homebuyers to close on their real estate trans... Read more

ABC News thinks Real Estate Investors Vultures or Not?

One of my most admired Real Estate Investor associates, Bruce Norris, was interviewed by ABC News.  ABC could not believe that we Real Estate Investors who go out and buy abandoned, ugly houses, fix them up and rehab properties and then rent them for long term wealth. Hummm....sounds pretty natural to me, I've been doing this for over twelve years :).  A great interview to watch and I'm giving y... Read more

San Jose, CA Rents On Decline…But the Best time to buy?

A recent nationwide study of rents and occupancy, conducted by RealFacts for 2Q09, reveal that renters are showing resistance to paying a premium to rent an apartment in a high-end market. Rents were in decline in every market nationwide in the current quarter with the exception of a few modest increases in Tampa-St Petersburg, FL at 1.2%; Kansas City, MO at 0.7% and San Antonio, TX at 0.6%... Read more

Evidence That US Housing Has Hit A Price Floor

I read this the other day that the Real Estate Markets are headed for a rebound. I think there is some merit in this. Hit us up below with your comments and feedback. Let's take a poll after you read this.   If you are a real estate investor, one of the most important questions on your mind is when the housing market will hit bottom. According to Andrew Waite, publisher of Personal Re... Read more

Is that darn pesky House bill 1787 a Black Cloud for Investors?

The truth about House Bill 1787. Give me your thoughts. This just in from Bill Bronchick, Real Estate Investor and Attorney. From: Bill Bronchick <reply@legalwiz. com> Date: 11 June 2009 18:33:35 BST Subject: The truth on House Bill 1787 From: Bill Bronchick Re: The truth on House Bill 1787 I've received a number of emails from people claiming that House Bill 1787 will eli... Read more