June 2011 Foreclosure Heat Map

Foreclosures are heating up again! In June 2011 1 in every 583 housing units received a foreclosure notice with California, Florida, Arizona, Michigan and Illinois leading the way. Foreclosure or REO investing is here to stay folks. Between the existing shadow inventory and the new filings, now’s the time to take advantage of this amazing [...]

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Is Your Mindset Holding You Back from Good Investment Decisions?

There’s an interesting article from ConsumerismCommentary.com discussing the psychological aspects that affect investors. While the article is focused on investors in general, there are some keys we can learn from as real estate investors. Let’s dive into your brain and see if your mindset is holding you back from good investment decisions. Recency If you’ve [...]

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Whole Foods Parking Lot

It’s funny because it’s TRUE!

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One Way to Deal with Fear as an Investor – Fight Back

If you turn on the news this week, it’s a scary scene. The president and Congress are battling out whether to raise the debt ceiling or not. It’s true; we’re living in a scary time. And as Las Vegas tycoon Steve Wynn says, businesses are scared to invest. Especially with moves like the one that’s [...]

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The Fed’s Trying to Outlaw Seller Mortgages

From THE PAPER SOURCE JOURNAL, July, 2011: The Federal Reserve, which received sweeping new authority under the Obama regulatory reauthorization, wants to effectively eliminate seller-held mortgages. It will do this by enacting a rule for the Dodd-Frank Act prohibiting property sellers from taking back a mortgage unless the buyer essentially can qualify for conventional financing! [...]

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