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New Investing Mindset in the New Economic Normal
Foreclosures are peaking in 2010. New home construction is at record lows. Fed intervention in the mortgage-backed securities market is over. The home-buyer tax credit expires in a few weeks. Interest rates and inventories are set to rise. Housing normally leads us out of a recession but it won’t lead us out of this one. [...]
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New Investing Mindset in the New Economic Normal
Read Article ›Captain Obvious – Fundamentals Matter – OldSchool
Back in the 80’s there were what’s known as Exchange Clubs for those on the investment side of the business. Brokers/agents who would meet weekly to share their buyers/sellers/exchangers so as to enhance chances of a successful transaction. It was a great idea in a down market, and worked well when captained by seasoned pros. [...]
This Article is Copyright © 2004-2010 BiggerPockets, Inc. All Rights Reserved.
Captain Obvious – Fundamentals Matter – OldSchool
Read Article ›We’re Sooooo Sorry Says Two Ex Citigroup Execs; So What?
They say they are sorry, but so what? Doesn’t really change anything, does it? I’m talking about two former Citigroup executives who managed to sink the bank as surely as the sleeping captain of the Titanic failed to avert disaster by plowing into a large chunk of ice that couldn’t fit into the cocktail [...]
This Article is Copyright © 2004-2010 BiggerPockets, Inc. All Rights Reserved.
We’re Sooooo Sorry Says Two Ex Citigroup Execs; So What?
Read Article ›Watchdog Panel Finds Fed Anti-Foreclosure Program A Big Flop
It just ain’t working. The government’s foreclosure prevention program that is.
A congressional panel, reports the Washington Post, has concluded that the so-called Making Home Affordable program has, thus far, only “helped” distressed homeowners head off, at least for the time being, about one million foreclosures, by the time all the numbers eventually get added up. [...]
This Article is Copyright © 2004-2010 BiggerPockets, Inc. All Rights Reserved.
Watchdog Panel Finds Fed Anti-Foreclosure Program A Big Flop
Read Article ›Let’s Talk About Success Baby!
Let’s talk about success for now to the people at home or in the crowd.
It keeps coming up anyhow.
Don’t decoy, avoid, or make void the topic.
Cuz that ain’t gonna stop it.
For all those people who weren’t born in the 70’s or early 80’s to know I am referencing an old song by Salt N Pepa [...]
This Article is Copyright © 2004-2010 BiggerPockets, Inc. All Rights Reserved.
Let’s Talk About Success Baby!
Read Article ›Wall Street v. Real Estate: Which Is More Trustworthy?
Wall Street (in particular, the S&P 500) has clearly been on something of a tear lately. But as they say in the fine print in all those ads, past performance is no guarantee of future performance. While the same could be said about real estate, at least with real estate, what you see [...]
This Article is Copyright © 2004-2010 BiggerPockets, Inc. All Rights Reserved.
Wall Street v. Real Estate: Which Is More Trustworthy?
Read Article ›A Little Motivation Goes a Long Way
Everyone could use a little extra motivation in their life (and business) every now and then, so I thought I would write up another post with some of my favorite motivational quotes. Hopefully they will inspire you as much as they do me.
Enjoy!
“I believe life is constantly testing us for our level of commitment, and life’s [...]
This Article is Copyright © 2004-2010 BiggerPockets, Inc. All Rights Reserved.
A Little Motivation Goes a Long Way
Read Article ›Lessons from Zig Ziglar
Encouragement is the fuel that hope runs on. ~Zig Ziglar
Last weekend at the Extreme Business Makeovers event in Orlando, I had the awesome privilege of meeting Zig Ziglar and his beautiful wife Jean whom he affectionately refers to as “The Redhead”. The five minutes we chatted and the hug I shared with both of them [...]
This Article is Copyright © 2004-2010 BiggerPockets, Inc. All Rights Reserved.
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A Lesson in Supply and Demand!
As entrepreneurs, and I hope budding capitalists, I would hope that each one of you understands the principle of Supply and Demand?
By way of example… consider what REO lenders are doing with all of that Shadow inventory we keep hearing so much about. If you talk to any active real estate investor, you will hear [...]
This Article is Copyright © 2004-2010 BiggerPockets, Inc. All Rights Reserved.
A Lesson in Supply and Demand!
Read Article ›Tags: Commentary, demand, REO, REO agent, supply
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