One easy way to go to prison is by defrauding a lender or conspiring to defraud a lender. This is otherwise known as mortgage fraud. Of course, there are many types of mortgage fraud. But one scheme, in particular, is more prevalent among real estate investors. Let’s take a look at what to be aware…
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“Is it maroon or is it brown?” That was the divisive question that was unexpectedly thrust upon the staff at myHouseDeals.com on Tuesday morning. This simple question brought a halt to all business. For about 60 minutes, wholesale deals went unapproved, member questions went unanswered, and updates to the website … don’t even think about…
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This just in. In an attempt to turn her life around and start a career, Paris Hilton used her jail time wisely to successfuly put a house under contract on Tuesday, June 12. (Apparently, the jail has a phone and fax machine.) According to her publicist, Paris initally considered rehabbing and re-selling the property for…
Read the Full StoryMy twin brother, Trent, got married a couple of months ago. I was the best man, so I gave a speech. The video of my speech is below. I got a little choked up at the beginning as I paid respects to three of my grandparents who have passed away. But I recovered and proceeded…
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As you may recall, my friend Robert was outraged last week when I took his Cadillac out for an “unauthorized” spin. And when he found the $20 bill that Wendel left in the car, he shouted, “Doug, Tell Wendel that if he wants his $20 bill, he’ll have to pry it out of my right fist!” But that…
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Like I mentioned last week, I’m moving into a new house that I bought a few months ago. I’ve done a major rehab on it, and it’s SUPPOSED to be ready for move-in here in a week or so. We’ll see! But until it’s ready, I’m homeless, so I’m staying in my good friend, Robert Hamlin’s…
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It’s not all work work work around here… About a month ago, I was in the mall when I noticed something that caught my attention. It was an ant farm that glows in the dark. On the box, they called it a “Space Age Habitat for Ants” that contains a “miraculous gel derived from a NASA Space experiment”. And…
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Hello fellow real estate investors, I’ll be using this blog to give you updates on my life, tell you what’s going on with myHouseDeals.com, give you updates on the latest real estate investing tips and trends, and more. So stay tuned! But no real estate stuff today. Instead, I’ll begin by clarifying something that comes up…
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