I posted a while back about our Detroit Rehab Properties and how in 60-90 days, you can retrieve every dollar invested, plus on average, $10,000 TAX FREE, with 20% remaining equity, and positive cash flow. Our listeners from the radio show are snatching them up at a quick pace. In the near future
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08/22/2007
While the Jackson Rehab Properties and even the Rent Ready Jackson properties are attracting numerous buyers, we have been able to develop yet another track for those investors, or would-be investors, who simply want the guess work taken completely out of the equation. For them, we have the Rehab
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08/22/2007
We have been pleasantly surprised by the response to our Jackson Rehab Properties. The properties come with built-in equity, and yet still cash flow. Some of our investors, however, have expressed an interest in eliminating some of the incertainties by acquiring properties where the work is alrea
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08/22/2007
As always, there's a humor extra for those with the tenacity to read all the way to the end. Actually there are two this time around... BONUS! Hey There! My partners and I have been invited to participate in the National Real Estate Investment Expo this weekend at the Los Angeles Convention Cent
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08/14/2007
HOME SALES DATA FOR SELECTED CITIES:CitySFR SalesMedian PriceJune '06 to June '07Median Price May 2007May '07 to June '07Median Price /Sq.Ft.Hemet93$282 -8.36%$279 1.08%$182 Lake Elsinore 57$361 -16.39%$397 -9.87%$212 Menifee 43$370 -12.10%$385 -4.05%$193 Murrieta115$452 -6.01%$426 5.71%$193 Tem
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08/14/2007
Like Detroit, Jackson, MS continues to produce terrific rehab property values. I first posted about Jackson Rehab Properties here (there's a short video there also). I thought it would be worthwhile to post a recent example of how we're using hard money on these Jackson properties to make it poss
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08/02/2007
I first posted about Detroit Rehab Properties a little while back (there's even a short video). Well these deals keep happening, so I thought it was time for an update.Here's another example of the kind of Detroit rehab properties we're finding, acquiring, rehabbing, refinancing, and renting for
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08/02/2007
I got the following from IndyMac (the number 1 Alt-A lender in the nation) today:"Dear Valued Customer,As you are all well aware, the secondary markets are currently very volatile, and, in fact, other than the GSEs and Ginnie Mae, there is virtually no secondary market liquidity at present. While
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08/02/2007
I got an email the other day from a friend who is an insider at one of the large, LARGE banks."Merrill, Bear, Lehman, DB etc are having most, if not all, warehouse lines issued to middle market mortgage bankers completely terminated or forced to give up haircuts to the tune of 30-50%. Anyone who
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08/02/2007
When I first signed up with T-mobile a couple of years ago, they had a web mail component to the Blackberry service that was really handy for one specific feature. Logged into the webmail service, I could build filters that would screen out any of the emails that I didn't want forwarded to my ber
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07/26/2007