Real Estate

You could say that real estate has quite literally hit rock bottom in some areas of the country, since you can find free land, and possibly homes in some areas of the country, for free! If you've ever dreamed of moving out the rural Midwest and breadbasket of America you can find some great opportunities for real estate...

It's become fairly common with the dips in housing prices for those who are underwater to walk away from their mortgage, but I just learned that in Chicago, practically in my backyard, banks are beginning to follow suit. Perhaps this isn't news to you, but for me, it's interesting to learn about banks literally abandoning properties. I just read...

Although the 2010 New York gubernatorial race is over, some of us may still be experiencing rent that's simply "too damn high." Since Jimmy McMillan and his promise to allow New Yorkers to "marry a shoe," are a distant memory, our pocketbooks are probably still bleeding. So with the rent still at astronomical levels I thought I'd...

I love infographics as they're a great way to show, with images, what really happened. Especially with the real estate market it's telling looking at median prices, versus averages along with rates of foreclosure coupled with other sources such as interest rates, loan to value, and other indicators. So I'm a nerd! Anyways, Homeguide411 created a...

Here's the scenario: You can easily pay your mortgage, there is nothing physically wrong with your house, but you're walking away. What gives? In a recent 60 minutes clip I learned of a new trend in which Americans are simply "walking away" from their mortgage commitments. Why? They're doing this because the values of their properties have...

Today I have the privilege to share with you an interview with Ronnie Adams from Real Estate Guide 2 Success. Ronnie is a former school teacher turned successful real estate investor. Through hard work and perseverance, Ronnie now enjoys the benefits of financial freedom. His story is one that should inspire first time investors and entrepreneurs...

How often are you home? When you're there are you using every area of your house? Are there rooms of your house that go untouched for weeks at a time? Each of us are home for different amounts of time, so each of us gain different levels of utility from our place of residence. However, we all...

Calculating real estate values can be as simple as 1, 2, 3! There are three ways appraisers go about determining the fair market value of income producing property. These three approaches are: Income Approach Market Data / Comparable Sales Approach Cost / Replacement Value Approach Each of the models is unique and take a completely different viewpoint. You'll notice that I also used two...

We've all seen those commercials for bowflex and 6 minute abs, but have you checked out the recent home mortgage calculator workouts? Intense doesn't even begin to describe how much financial fat you'll burn with these bad boys. Unlike 6 minute abs, you can have them all completed and get your home finances ripped in just 5...

In the land of real estate investing you'll begin to hear a popular term when analyzing income producing property. Capitalization Rates, better known as Cap Rates. Cap rates are a way in determining the rate of return on an investment property. How to Calculate Cap Rates In order to calculate cap rates you'll need two other variables which are: Net...