State of the Real Estate Economy as of October 2009 I’ve had various thoughts for what I’d write this week… Reflecting back I am seeing a consistent theme with those that play in the land of real estate. Uncertainty, Fear, and somewhat worn out against a back drop of Dow 10,000, Real Estate (supposed) Guru’s… Read more »
What’s with all this thinking that real estate is dead!!! Sure the easy days are not around for the moment -for most. We all must remember that real estate valuations cycle. For the near term it will be a challenge to fund wholesale, rehab, and landlord real estate investments until financing opens up. Does this… Read more »
No.., I’m not talking about taking a loss when selling a home or a negative cash flow situation!!! This is a form of growth that is the complete opposite from the growth of adding new rentals and/or the ability to buy more property to wholesale or rehab/resell…. I’ve exercised this mode of growth twice in… Read more »
As some of you may know, I’ve been a Hard Money Lender in Charlotte North Carolina. Needless to say, we were running along fairly well in our local real estate markets till Wachovia Bank imploded at the end of September, 2008. Sure we were slowing down in 2007 & 2008. However, our markets were still… Read more »
Suffice it to say, I’m not going to miss 2009 with regards to my business and investments…. From a family standpoint it was absolutely fantastic. Emmy hit 4 this summer swimming like a fish and Max at 7 is growing out of my concept of ‘my little boy’…. Oh, they just grow to fast. 2009… Read more »
It was the February of 95′ and I was circling a neighborhood I had identified as an above average appreciation rate due to its gentrification. Here I was looking at a duplex listed for $68k and I had thought it was all I could afford… I had my neighbor with me and we circled the… Read more »
Running your Real Estate Operation Like a Business: Sometimes You Have to Shrink to Grow! I asked for ideas the other day for a topic and a friend (whom I just made the time for) suggested the very title before you. Three days prior I had spent a good 1 ½ hours plus with Michael… Read more »
Originally posted by Tyler McCracken on 11/10/2009 on www.askthelandlord.com You Can’t Handle The Truth!!! When will this (real estate) elevator hit the bottom??? Part I I’ve just come through a two week period were the realities of my world hit home as I downshifted into another phase of my real estate operations. Anyone who has… Read more »
Orginally posted by Tyler McCracken on 10/25/2009 on www.askthelandlord.com State of the Real Estate Economy as of October 2009 I’ve had various thoughts for what I’d write this week… Reflecting back I am seeing a consistent theme with those that play in the land of real estate. Uncertainty, Fear, and somewhat worn out against a… Read more »
Originally posted by Tyler McCracken on 10/11/2009 on www.askthelandlord.com A Way To Wealth With Rentals: A Tale of Landlording That Anybody Can Replicate. I remember the day like it was yesterday -February 14, 1994. That was the first day of my career as a landlord in Charlotte, NC. Roughly a year earlier I had bought… Read more »
