Our summer is slowly coming to an end and it’s becoming readily apparent that we are facing a very strong dichotomy in the currents of real estate investing. There is a lot of fear, pessimism, and frustration. While on the flip side, I’m seeing another group that is out there in full force with… Read more »
Sometimes one just has to step back and put the realities of it all into perspective. Yes -there are serious headwinds against us in the world of real estate. Yes -the finance (lending) industry is on its heels (too) & effectively correlates to our ability to buy and create liquidity in our real estate operations. … Read more »
What type of investor are you? Have you given that some thought? Do you go after growth tracking trends that require the insight of whether its occurring or not or are you into value focusing on discounts to value and income with the ability to understand what exactly value is? Do you actually research your… Read more »
There is a common story for real estate investors whom bought and/or did a cash-out refinance with real estate over the past 2-6 years. You know the line -right? “I barely have any equity or I’m underwater”. At a minimum there is concern , perhaps even thoughts of walking away, and the inevitable fear of… Read more »
A few years back I had called on a fellow landlord who was known for selling off properties and providing owner financing too. Now I knew he had problem tenants in a property but also knew the area was appreciating rather rapidly and it was in my main target neighborhood. I wasn’t sure how long… Read more »
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 »
Whew….. I think we’ve reached a point were the elevator has at least slowed it’s descent -if not come to a halt for the time being. I am seeing pockets of stability, multiple bid situations, and anxious home buyers in our local Charlotte North Carolina real estate markets. Both real estate investors and home buyers… 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 »
