Blog

This is the year to invest in single family homes or even condos, as long as they cash flow of course. Contrary to what many people think, rental houses or apartments are renting quicker than I have seen in a long time. Insurance rates have come down and you have to appeal the property tax [...]

Believe it or not, I am not a genius and I DID drop out of economics in my first semester at Cambridge (changed to History major and made my dad, a businessman, very proud!). But this forecast looks pretty good to me. Job growth, economic growth, interest rates and home sales volume are all around [...]

This is a pre-foreclosure, and they have room to negotiate. It’s a 4plex and has positive cashflow: a detached 2 bedroom/1 bath unit which rents for $725, and three 1 bedroom/1 bath units which rent for $550 each. That’s $2,375 per month coming in. Three of the units are rented now, and one of the [...]

Metafilter on the Subprime Mortgage Mess From afx114: I was looking around at houses last year, and every broker I met with tried to convince me that taking any random loan would be fine because “house prices always go up. So even if your ARM resets in 5 years, you can just re-fi because your [...]

Ok. You have staged your home, you have posted your ads, and you have buried St. Joseph in the yard. You have done everything you’re supposed to, but your house still isn’t selling. Maybe the problem isn’t the market or that you have overpriced your house, but rather it’s that you’re not sending out the [...]

This two bedroom, two bath condo is just a few blocks away from Lincoln Road and has spectacular views. It has hardwood floors, a gym, two swimming pools, and a marina with dock space available. It’s in a beautiful, walkable neighborhood. Listing # M1204953

The view from this place is stunning. It’s a five minute walk to south beach (just across the little bridge you’ll see in the video). It has two full bathrooms, two bedrooms, a pool and tennis court, and the location is extraordinary. Listing number M1170165. For more information visit www.realmiamibeach.com, or call 305-756-2622. Map.

BankUnited has released a list of 191 condo projects it won’t write loans for . Most of the condos are in Miami. Declining market value was the biggest culprit, followed by high investor concentration — as much as 70 percent in one case. BankUnited also cited numerous foreclosures, delinquent homeowners association dues, structural-based litigation and [...]