Real Estate Investing

Aug. 18, 2015

Get Ready for College

rental advantages.png

One of the important things as a parent is to plan for their children’s education. Let’s look at two different approaches: a savings account or investing in rental real estate.

Assuming your child is five years old and you start putting $250 a month in a savings account earning 2 ...

View More
Aug. 15, 2015

Foreclosures Plunge and Overall Household Debt Remains Flat

Household debt balances were largely flat in the second quarter of this year, according to the Federal Reserve Bank of New York’s Household Debt and Credit Report. Total indebtedness increased just $2 billion from Q1 2015. Foreclosures hit their lowest point in the 16-year history of the New York Fed’s ...

View More
Aug. 11, 2015

Wait a Year...It Won't Matter?

There is a frequently quoted expression “more money has been lost from indecision than was ever lost from making a bad decision.” Regardless of the extent of its accuracy, most people can recall when procrastination has cost them money.

2015-16-250.jpg

There are markets so short of inventory that buyers have ...

View More
Aug. 4, 2015

Who is Your Champion?

champion-200.jpg

The Super Bowl and World Series determine the football and baseball champions. Since there can only be one champion, the other team loses the competition. In feudal times, a knight might champion for the king or a patriotic, romantic or religious cause.

Fierce competition can occur when buying or selling ...

View More
July 28, 2015

It's Hard to Imagine

With mortgage rates below 5% since 2009, you’d think any homeowner who should refinance would have already. However, it is estimated, there are approximately 6.5 million borrowers who would benefit with significant monthly savings by refinancing. iStock_000064771413_300.jpg

Rodney Anderson of Supreme Lending, on his weekly radio program, described a ...

View More
July 19, 2015

Bidding Wars Still Dominate Low-Inventory Markets

While the pace of home-buying activities picks up around the nation, certain areas are seeing more excitement than others.

As is usually the case during economic recoveries, no two cities recover in exactly the same way. Some have a glut of inventory that will take many years to turn over ...

View More
July 19, 2015

May Home Prices Up 1.2 Percent

In a sign that the U.S. housing market is on track for a strong spring/summer buying season, home prices continue to show solid gains in May, according to the latest FNC Residential Price Index™ (RPI). Prices across the country climbed 1.2 percent following an upwardly-revised April, which ...

View More
July 16, 2015

Home Warranties Offer Great Benefits to Real Estate Agents, Sellers and Buyers

If there was a magic formula for selling real estate quickly and easily, you can bet every real estate agent would be signing up. Real estate sales affect agents, buyers and sellers one way or another. Although homes need to be in good condition and offer what buyers are currently ...

View More
July 7, 2015

Just In: Additional Steps to Spur Affordable Housing

The Federal Housing Administration (FHA) recently published a notice providing guidance on the new Small Buildings Risk Sharing (SBRS) Initiative. SBRS invites new private sector high-capacity lenders to partner with FHA to provide long-term fixed-rate lending products to multifamily property owners with mortgages of $3 million and up to $5 ...

View More
May 26, 2015

Who would want to be without one?

When the 75 year old man who had been widowed four times was asked why he was getting married again, he said “for the little bit that they eat, I wouldn’t want to be without one.”

In a torrential rainfall, you wouldn’t want to be without an umbrella. It ...

View More