Hey everyone! Yes, I’m alive and doing well! Thanks for all of your calls and emails during this crazy time. As many of you know, I live in Houston, TX. And this weekend, Hurricane Ike blew in and proceeded to cause more destruction than a bull in a china shop! Fortunately the MyHouseDeals.com staff, my…
Read the Full StoryTwo weeks ago I started an in-depth discussion of the three different types of foreclosure. Last week I discussed real estate owned (REO or OREO) foreclosure and the week before I talked about pre-foreclosure and foreclosure. Now, let’s take a look at foreclosure through the eyes of the property owner so you can fully understand…
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I’ve been active full-time in the world of real estate investing for over five years now. And during that time, I’ve seen dozens of investors go from dirt poor to filthy rich. But I’ve also seen dozens of investors who, well, stayed dirt poor. And what I came to notice over time was that those…
Read the Full StoryI hope you had a great weekend! Last week I started this series about foreclosure; if you missed it, you can go here and read about pre-foreclosure and foreclosure. This week, I want to share with you some information about real estate owned (REO or OREO) foreclosure. The REO Stage This stage takes place after…
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Yep, that’s right. Money WILL NOT make you happy. No amount of money will. That’s what I’ve come to discover over the last few years as I’ve gone from nearly dead broke to earning and spending more than any reasonable person should. It’s our family that makes us happy (sometimes!). Our friendships. The little things…
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During the mortgage crisis in 2008, I had a lot of time to think about what real estate investing tips would be useful, and I know the basics of real estate foreclosure are always pertinent. In order to invest profitably in a pre-foreclosure market, it’s necessary to understand all aspects of the foreclosure process and how to operate in each of…
Read the Full StoryHey folks, Guess what I was doing last week? I was chillin’ out with my friend Roger Salam on his dock taking pictures for those Corona beer commercials. Take a look at this picture and see if you think the Corona company will hire me. 🙂 Do you know Roger? He is first and foremost a…
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Perhaps you saw the USA men’s gymnastic team competing in the Beijing Olympics. Sure, we all liked them because they are the Americans, but the rest of the world saw them as the stragglers, the Johnny come lately team, the ones who brought up the rear. Actually, because of injuries to team members who were…
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Last week, I told you why investing in long-term rentals is hotter than ever. And I went on to give you a few tips on managing your properties. One of those tips involved visiting your property on a regular basis to make sure that your tenants are keeping the property in a good condition. Ensuring that your properties…
Read the Full StoryHey folks, Tim Mai here, I hope you all had a fun and productive weekend! I’m really getting excited about being the new Lead Mentor of myHouseDeals.com, and I wanted to get started right away. In order to get you the most information possible, I’ve decided to update you every Monday with great real estate investing…
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