Making Sense of Distressed Property Deals

If you are in the market for a home, you may see lots of them listed as “REO” or “shortsales” or “foreclosures.”    You may have even seen notices of Trustee Auctions. The best way to make sense of these “distressed” properties is to understand:
1) What each term means.
2) Who the current owner is
3) What [...]

How to Avoid Bad (Really Bad) Tenants.

Problem tenants are every landlord’s nightmare. When you first meet them, the present themselves as nice, respectful, law abiding citizens but as soon as you give them a key you are met with a host of problems:
• Not paying rent on time or never paying
• Harassing other tenants and neighbors
• Destroying your property
The tenant from hell [...]

Homeowners Stop Paying their Mortgages

The New York Times ran an article today detailing how some homeowner are no longer paying their mortgages but instead are using that payment to get back on their feet. The number of borrowers taking this approach seems to be on the rise.  Many borrowers  are using that mortgage payment to support businesses, pay [...]

10 Indicators of Problems in Foreclosed Home

Investing in foreclosed and vacant homes can provide you with a huge reward, however, these homes also come with a huge risk.   Years of neglect leave you with a ton  of problems many which you may not event see in your visual inspection.

Five Tips To Land A Private Lender

With lending guidelines and regulations changing as a result of the financials meltdown, your best bet for funding deals is through a private lender.  Here are five tips to help you get started.