At the end of 2008, Sara informed me about an REO property in Indianapolis that was built in 2004, and available from the bank for a very attractive price. The only hitch was that the property needed some rehab and repairs. (Go figure – owners who get foreclosed on...
When it comes to real estate investing, we’ve always been a big fan of keeping it simple, especially in the beginning, when you’re trying to build your portfolio. That’s why we suggest you begin with single family residential homes, maybe duplexes, four-plexes, or...
You got into real estate investing in the first place so you would have more time for yourself, right? So why are you running yourself ragged trying to manage all your properties? It doesn’t make any sense. We understand there are a certain number of legitimate...
Maybe you’ve heard it before – the housing market doesn’t move in booms and busts but rather in waves. True. The trick is to not get caught paddling around on your surfboard when the next one rolls through. The question is, are you still on the sidelines now? If so,...
We don’t mean to scare you – well, actually we do. The words above were spoken by President Obama at a recent press conference. Ouch. Does that mean the U.S. economy is a car with a bone-dry gasoline tank still rolling slightly from 233 years of inertia? Maybe?...
