FHA Suspends Flipping Rule? Not So Fast, Sparky…
Did you hear about the new FHA waiver suspending the 90-day no-flip rule? I first caught wind of it Friday through a forum post, then again on Cory’s blog and on CNN. The CNN article says…
What is Character?
Character is the ability to follow through on a resolution long after the emotion with which it was made has passed….
Two Killer, Creative Ideas for Real Estate Postcard Marketing
So one way to get real estate deals is to go out and hit the streets looking for them. It can be a tough, frustrating approach. But there’s no doubt you can get deals if you go looking for them. Many investors (present company included) prefer to attract deals — to use a variety of marketing techniques to get your “we buy houses” message in front of the right set of motivated eyeballs….
Noteworthy Industry News
Just a handful of interesting articles and tidbits I’ve stumbled upon in the last week or so. I found them interesting and thought you might as well…
Wanted: Your Real Estate Blog
I just had a really cool idea, so I stopped in the middle of lunch to post about it. Check this out… Are you a real estate investor or professional who also owns/runs an active blog of your own somewhere in the world wide interweb? If so, then I’d like to showcase it here at REI Tips…..
Freddie Mac Tweaks Rules, Pokes Investors In Eye
In case you missed it, a couple weeks back Freddie Mac announced guideline changes that will dramatically affect many residential real estate investors. As of August 1st, 2008 the following changes will officially go into effect: A borrower may not have more than four financed 1-4 unit…
A Cream Pie in the Face
Admittedly this has absolutely nothing to do with real estate investing. I tried in vain to come up with some kind of cool REI-esque lesson to tie in. Nada. But in the end, what more do you really need to say?…
“Do Not Rent To” Database Helps Landlords Screen Tenants, Avoid Nightmares
I’ve got a great little spotlight audio interview and a short You Tube video I found that’s hilarious (if you’re a landlord) below. But first, consider this… They say you never forget “your first time”. It must be true. I know I won’t forget mine anytime soon. The first time I was notably stiffed by a tenant, that is….
An Open Letter to My Friends From FlippingHomes.com
A couple of weeks ago, Steve Cook and I selected Tuesday 5/20 as the day to officially announce that I’ll be “spreading my wings” and moving on from my active management role at FlippingHomes.com. So here we are. Wow, time flies. I’ve certainly learned a lot over the last year and…
How To Determine a Short Sale Purchase Offer
The word “short sale” has certainly been a buzz word in the distressed real estate market we are experiencing in 2008. However many Realtors and investors are still unclear on how to determine a real estate short sale offer that is acceptable to the lender. The following steps are to…
