I write about finance, management and economy, my book “Money Studies” is out now.
With so many more homes with equity – the pre-foreclosure equity buying business is back in full force. After years of growing foreclosures, dropping prices and non-existent equity – this is very welcome news! If you’ve been out of the market…
PreForeclosure Homes With Equity Up 425%
With housing values rising, it’s no surprise that owners equities are rising quickly too. As of the first quarter of this year, we now have 850,000 more homes with positive equity, according to a new report from Corelogic. This is…
U.S. Foreclosure Activity Increases 2 Percent in May Boosted by 11 Percent Rise in Bank Repossessions
Foreclosure filings were reported on 148,054 U.S. properties in May, an increase of 2 percent from the 75-month low in April but still down 28 percent from May 2012.
Apartment Investors Reap Rewards
If you’ve been reading my recent blogs, the apartment market is exploding. Many of our clients have seen success in building their aparment investing business. Last night, we heard from Dave Gregory, a foreclosures.com client who has recently purchased a 96…
Apartment Deals- Two Primary Plays
Here is a perfect example of a larger apartment project that has the criteria that we look for when seeking out deals. See if you can pick out some of the key reasons this looked like an attractive buy. Don’t get…
The Apartment Deal that Wouldn’t Die
About 2 months ago an apartment agent contacted us about an apartment project up the road from another one that we owned in Homewood, Alabama. This property represented a step up from the projects that we normally entertained but the…
Apartment Investing: Women Driving Demand?
There are a few obvious reasons that the apartment sector is so hot right now – the mortgage mess and long term soft economy get most of the blame. What is strange though is that by most accounts we have…
Apartment Developing: How Will it Affect the Small Investor?
Here’s a great resource for apartment investing news – Multi family executive. I came across the following article and pondered what this means to my apartment investing business and the strategies that we employ. Clearly, the smart money is moving toward apartment…
Apartment Foreclosure Investing is Getting Hotter
Apartment Foreclosure Investing I have great news. Foreclosure apartment investor extraordinaire, Michal Ballard, is back sharing his wisdom. He’s been extremely busy buying apartments this past year and sees tremendous upside in the apartment investing market. I’ve asked him to…
Private Equity Buyers: Affects To Foreclosure Investing?
Private Equity Buyers There’s a lot of cash on the sidelines looking to be placed in the housing market. This cash is absorbing the backlog of foreclosures, reducing available housing inventory, has put a floor in the housing market and…
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