Posted in Retirement Accounts

Real Estate IRA’s

Real Estate IRA’s This has become the new buzz word in the IRA industry.  Believe it or not, it’s really nothing new; it’s just finally becoming well publicized.  The reason:  Most IRA owners have no idea what to do with their money and some are afraid to make a decision on what to do.  Remember, […]

Continue reading
Posted in REOs

WHAT ARE REOs?

WHAT ARE REOs? REO (“Real Estate Owned”) is a banking industry term that refers to property that has reverted back to the ownership of the lending bank, typically through the foreclosure process.  This is problematic to banks because they are not in the business of owning houses, but rather of lending money.  The lender is […]

Continue reading
Posted in Property Management

Property Management

Property Management Books have been written, seminars are given but nothing takes the place of experience in the field of property management. So much information is obvious to the experienced property manager and most pitfalls can be avoided.  Never under estimate how much trouble one bad tenant can cause you. When you manage hundreds of […]

Continue reading
Posted in Negotiation

The Art of Negotiations

Negotiations Introduction Modeling & Bonding Human Relations Skills Control the Negotiation Negotiation: to deal or bargain with others; to arrange for by settlement of terms. A lot has been written or said about negotiations.  My remarks will be germaine to the house buying business, but can be applied to every other area of sales and […]

Continue reading
Posted in Foreclosures, Retirement Accounts

5 Tips before Investing your IRA in House Foreclosures

5 Tips before Investing your IRA in House Foreclosures: The greatest benefit of a self-directed retirement account is that you can choose an expanded list of investments.  Since 1974, you can invest directly into Real Estate and real estate by-products, i.e.: mortgages, options, leases and more.  You can also buy REO properties and properties at […]

Continue reading
Posted in REOs

Buying REOs

Buying REOs REOs are properties that have been foreclosed on by the lender and the properties are now owned by the lender.  The lender doesn’t want these houses and in some cases they don’t want to take them off their books because of cash reserve issues.  You see, banks are able to lend money based […]

Continue reading