Your Real Estate Education

SIMPLE and EASY

Archive for the "Rentals" Category

New York Times says Lucrative Fees May Deter Efforts To Alter Loans

It is just something that these services from title to close to fee collection is vertically integrated and owned by banks and mortgage servicers. Wow, what a spiral. Makes you wonder if buying a foreclosure is a good idea, maybe buy directly from the seller in distress before the bank gets it. Hit me up with your thoughts below. NYT: Fees may deter efforts to alter loans Many mortgage compani... 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