Bigger Pockets (www.biggerpockets.com) has one of the best forums on the internet for real estate investors. According to their figures, they currently have almost 50,000 members. One of the recent threads, “The Top Five Landlord Mistakes”, generated a lively discussion (http://www.biggerpockets.com/forums/52/topics/23212-the-top-5-landlord-mistakes?page=1). There are some really good “top mistakes” listed in these posts. [...]
Continue reading...25. March 2010
CNN published an article awhile back (http://money.cnn.com/galleries/2007/real_estate/0704/gallery.stocks_v_realestate.moneymag/index.html) in which they drew a direct comparison between the stock market and real estate. The article pointed to an annual average return of 13.4% for the S&P 500 from 1978 to 2004. During that same period, they pointed to a “solid but unimpressive annualized return of [...]
Continue reading...21. March 2010
In his book “Good to Great”, Jim Collins talks about great companies having a “hedgehog concept”. His hedgehog concept comes from the story of a fox plotting time-after-time to get the hedge hog for his next meal. The fox uses one tricky plot after another to catch the hedgehog off guard, but the [...]
Continue reading...7. March 2010
Question: Scott, I am looking at a house for sale by owner and the home is assessed by the county assessor at $50,000, the owner said to me, if you qualify you can assume my payments, she owns $30,000. Does that matter to the lending institution if I assume the loan and rent [...]
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30. March 2010
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