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 [...]
Continue reading...28. February 2010
We recently had a speaker in Oklahoma City who came to talk about how to borrow money from private lenders. That speaker shall remain nameless in this article. He presented some excellent information on how to get private money from friends, family, and associates. And he told us how he had gotten [...]
Continue reading...22. February 2010
Well, if you’ve been to this blog before, you probably noticed the new look. We’re still not quite finished with the whole thing, but we’re close. The programmer has done a great job. Anyway, let me know what you think of the new look. Also, do you see anything that we [...]
Continue reading...14. February 2010
HUD is attempting to require that ANYONE who provides seller financing have a mortgage broker's license.
Continue reading...14. February 2010
If you are reading this, you probably already know that Section 8 is a government sponsored rental assistance program for low income individuals. Everybody seems to be talking about how the great the section 8 program is. It’s great for the person who getting the benefit because they get at least part of their rent [...]
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25. March 2010
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