Being a real estate bird dog, realizing your real estate investing dreams
March 1, 2011 by Darcy Beg · Leave a Comment
When investing in real estate often times we don’t pursue our dreams because we feel like we don’t have the money to put toward making them a reality.
The great thing about distressed real estate, however, is there are different ways to invest. And there are several creative options that you can consider — such as bird-dogging — without touching your daily bank account.
Today, for example, I was asked to present about investing in foreclosures for a self-directed IRA company. A self-directed IRA is a great tool because you can determine how to utilize the fund and guide its path … just like you can with a smart real estate investment.
Real estate, therefore, is a great complement to self-directed IRAs.
As I mentioned earlier, going to work as a “bird dog” is a great way to start becoming an investor. All it takes
Is buying a home better than renting?
February 24, 2011 by Darcy Beg · Leave a Comment
Our good friends at DoorFly.com think so, saying that buying is almost always the better choice.
Why?
Let’s let them list the ways … all 10:
- Build equity
- Ownership
- Make upgrades
- Lock-in payments
- Increase line of credit
- Make a profit
- Payments eventually end
- Home value increases
- No landlords
- Emotional satisfaction
To read brief explanations for the points mentioned above check out the article in its entirety right here.
Remember, too, that Foreclosure.com offers a nationwide list of foreclosed homes for rent, which is often referred to as an option that provides “the best of both worlds” because you build equity while you rent.
To search foreclosed home for rent in your area today click here.
NYU’S FURMAN CENTER NEW YORK CITY QUARTERLY HOUSING REPORT FINDS MARKET STILL SHOWING SIGNS OF DISTRESS
February 24, 2011 by Darcy Beg · Leave a Comment
— The Furman Center for Real Estate and Urban Policy’s Quarterly Housing Update analyzes six key indicators of housing market performance, based on a variety of administrative data sources.
In the fourth quarter of 2010, the Furman Center found that the volume of home sales and housing prices continued to decline compared to the previous year. Sales volume dropped by 15 percent between the third and fourth quarters of 2010, and almost 33 percent from the fourth quarter of 2009. Citywide, prices remain almost nine percent below the same quarter in 2009, and 28 percent lower than they were at the peak of the market.
While prices appear to be stabilizing in Manhattan, they continue to decline in the other boroughs, particularly in Queens. “Qu
LIU STATEMENT ON SANCTIONS FOR BANKS THAT VIOLATE FORECLOSURE RULES
February 19, 2011 by Darcy Beg · Leave a Comment
— City Comptroller John C. L Read full post…
Real estate short sales listings process
February 18, 2011 by Darcy Beg · Leave a Comment
Short sales are a hot topic these days.
It should come as no surprise, considering these real estate transactions now represent a huge share of the housing market because of their tremendous profit potential.
Short sales are simple math:
Lenders agree to sell distressed properties for less than is currently owed on the mortgage balances because the current owners are (likely) in — or about to — default. Bargain-hunting buyers (that’s you) score great deals and often enjoy instant equity bumps since they’re paying less than the properties are actually worth.
This month’s edition of “Investment Exchange” is devoted to acquainting (or reacquainting) you with short sales. You’ll find t Read full post…