When to Walk Away from a Short Sale

Hi folks, Do you know when to avoid a short sale deal? Knowing when to walk away is just as important as knowing when to jump on a deal, so here are a few tips I’ve picked up along the way. On a short sale deal, it is preferable that the seller wants zero money…

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The Way of the World

“The way of the world is meeting people through other people” – Robert Kerrigan You can’t do this business by yourself. I don’t care if you have a trunk full of cash and know where to get a good deal on thousands of houses. You have to buy those houses from someone, and you have…

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Your Short Sale Questions Answered

Hi folks, I’ve received a lot of questions about short sales lately and because now is such a perfect time for them, I want to expand a little more on the topic. In the current market, it’s very important to know how to determine what the ideal short sale is. Pay attention because I’m about…

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Fighter Pilots, Babe Ruth, and Real Estate Investing

My friend Jeff is a Boeing 777 pilot and has been all over the world. He may be in Dubai, Johannesburg, Frankfurt, Mumbai or Seoul in the course of a month. He was a fighter pilot assigned to an carrier in the Gulf War. Stable guy. Nothing rattles him or gets him too far from…

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Gone Fishin! Pics from My Trip to Utah

Hey there fellow investor! I got tired of hearing all the chatter about the financial crisis and impending recession, so I decided it was time for a break. Time to re-connect with the beauty and serenity of the great outdoors! So I gathered up my family, and we headed out to one of the most beautiful…

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Sound Advice for a Weary Economy

The stock market goes down 700 points in one day. The stock market surges up 1,000 points in one day. A number of world leaders have gotten together and decided to inject liquidity onto the worldwide banking system in hopes of avoiding a depression and keeping the recession short and shallow. Inflation? Deflation? Everything is…

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Breathe

It seems like every day we hear of another catastrophe in the financial world. Giant institutions “too big to fail” and being bailed out, large banks are being bought out, pension and mutual funds are tottering on the brink of the abyss, and with it the futures of a lot of retirees who have worked…

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Here’s a Blank Check. Sign Please.

Breathtaking financial destruction. Blood running on the floors of the exchanges. Dire forecasts and high officials coming to the microphones telling the citizens that they will suffer painful and long lasting hardship if they do not immediately and without further discussion, give up an astronomical amount of money … $700 Billion to be exact ……

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Come on people now, smile on your brother …

… everybody get together and try to love one another right now. In case you didn’t notice, that’s the chorus from The Youngbloods’ classic hit, “Get Together”. You can listen to it at http://www.youtube.com/watch?v=PoXYBxprAIQ. So why am I reminded of this song? Two words … Hurricane Ike. He was only here for about 12 hours, but boy, was…

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