For those of you thinking that now is a good time to start flipping houses, I would recommend you take a quick read over this Victoria Advocate article. Prices are low right now, which puts you at an advantage from the start. However, you should not believe everything you see on TV. This article does a good job of briefly talking to a few pro’s to get their side of the story.
Apr
11
Half of all apartment buildings reduced rents in the first quarter of 2009.
I was amazed to hear that half of all apartment buildings reduced rents in the first quarter of this year. I would love to hear why you think about this BusinessWeek article. What is causing such a large reaction by landlords? With the economy the way it is right now, I would have expected more people to be looking for apartments and thus raising the demand and rent…
Feb
10
Understanding the Different Types of Foreclosures
Every wonder why some foreclosures are HUD’s or what happens when a home bought with a VA loan goes into foreclosure? Diane Allen does a good job explaining the definition and what happens when some of these properties go into foreclosure. It is a FAQ like article that is nice to keep on hand if you need the information. Take a look at Diane’s article here.