The Buy and Hold methodology, as it is applicable to property, is and always has been the cause for making more millionaires than any other method. The main reason is really because it lets you develop equity through appreciation over a period of time. There are numerous short term techniques like lease-options, wholesaling, and...
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As a member of our Investor Network, you know that I am a big fan of Robert Kiyosaki’s message and mission. Robert is the best selling financial author in the history of the world.  And now he’s released what he claims to be “the most important book I’ve ever written.“ The world’s educational system...
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The self-directed Solo 401k retirement plan offers powerful advantages for real estate investing. The Individual k or Solo 401k is an IRS-qualified retirement plan that has been simplified for the self-employed and small business owner. The structure of the plan gives participants more options than a traditional 401k. The Solo 401k’s investment capability, direct...
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With Inland Empire foreclosures at pre-recession lows, Riverside County’s foreclosure rate dropped to No. 21 statewide in April. A total 1,403 mortgage default notices, auction sale notices and bank repossessions were recorded in April, meaning 1 in 566 households was in some stage of foreclosure, according to Irvine-based RealtyTrac. Of those, 45 were from...
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CoreLogic today released its March CoreLogic HPI report. Home prices nationwide, including distressed sales, increased 10.5% on a year-over-year basis in March 2013 compared to March 2012. This change represents the biggest year-over-year increase since March 2006 and the 13th consecutive monthly increase in home prices nationally. On a month-over-month basis, including distressed sales,...
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Ask most investors what they think about the housing market today, and they will most likely cringe out of habit. The reality is that the housing market in 2013 is making a recovery, a quick and expected one. Before we get into why the market is looking good as of right now, let’s remind...
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Long-term mortgage rates continued to move lower this week, with a 15-year fixed-rate mortgage falling to a record low for the second consecutive week. The weekly rate report from Freddie Mac says 30-year fixed-rate mortgages averaged 3.35 percent in the week ending May 2, down from 3.4 percent last week. The average rate on...
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What is a FICO Score? Most credit bureau scores in the U.S. are calculated from software developed by Fair Isaac and Company. They are commonly referred to as FICO scores and include a rating based on information found in credit reports. If you’re planning to finance the purchase of any investment properties now or...
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Earlier this year Norada Real Estate added a One-Year Rent Guarantee as part of every investment property purchased through their network. The response by investors has been very positive and overwhelming. A few people made the comment that it sounded, “too good to be true”. In response to those comments, I present the following...
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Credit scores can be the deciding factor for many major transactions. Lenders use credit scores to predict future behavior based on your past—if you have a low score because your cable bill is delinquent, then a lender won’t think you’re a good risk. The credit score consumers are most familiar with is FICO, but...
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