The new (un)reality of American banks
What the Federal Reserve is doing to banks will end badly. It always does. We're talking about creating “money” from thin air or, in other words, the Fed is now paying banks in reserve balances, which aren't really balances at all, but rather numbers sitting on a computer screen somewhere waiting...
Should you get a real estate license?
The question might not pop into your head immediately. You may have been thinking about property investment for a while, or maybe even actually doing deals, when the idea strikes that getting a real estate license could actually help the cause.
Well, would it?
Before deciding, let's analyze the...
I was a social media zombie
Blindly swinging a big marketing bat at social media like a child at a birthday party pinata might not be a productive way to spend your time. Right now, Facebook is the bright, shiny object that's caught all our attention but what about numbers? Are the numbers there to verify our fascination?
Maybe...
Why Dallas is a Bull Market for Real Estate Investors
Episode 164 of Jason Hartman’s Creating Wealth podcast series focuses on the outlook for investment property in the Big D. Benefiting from Texas’ tax-friendly business climate, Dallas has grown by half a million in population and 180,000 jobs in just the past year, and is home to more Fortune 500...
Today's tax credit, tomorrow's foreclosure
This month finds the federal tax credit of $8,000 for buying a new house winding down. Sort of like last call at the corner bar, expect to see a rush of desperate home buyers swinging for the fences this week. Are you a seller? If so, be wary of the buyer desperate to have something under contract before...
Content will still be king in the future
Many internet marketing strategies are based around content, quasi-content, and flat out spam. Regarding the latter, you know the kind of website we're talking about because you stumble across them every day. A thinly disguised “informational” page plastered with so many ads you nervously click away,...
Make money renting dirt
In the past, we've talked about mobile home parks as an excellent financial investment. As the foreclosure juggernaut continues to unwind, there is a new truth in the property rental market - former home owners are becoming mobile home renters.
But we've noticed that some prospective real estate investors...
Don't buy into real estate negativity
It's a sad situation. You're a budding real estate entrepreneur with energy to burn and an interest in foreclosures. I mean, it seems like a good idea. Houses are selling left and right for a fraction of their value a few years ago. Buy at the bottom, right? It just so happens that this property investing...
Outsourcing - Part Deux
We recently posted a suggestion that anyone looking to create serious online wealth through web site marketing should know about outsourcing. We even gave you some ideas about legitimate American based websites from which you can find and hire people to complete your projects, thus doubling, tripling,...
Thanks to foreclosures and REO's, shaky markets are still shaky.
Everything's better in 2010. Obama's wild spending mania worked and we're all headed to the land of fuzzy bunnies and happy endings. Not so fast. Real estate owned (REO) and foreclosure sales still make up a troublesome percentage of all property sales. Housing numbers in many markets this year look...