20th August 2007

Why We Are Expected To Be Lazy

Laziness - When you really just can't be bothered by it allSomething occurred to me the other day. We (the American consumer) are totally expected to be lazy and undisciplined. I mean, really, there are even business models built on that expectation and fact.

Have you ever seen financing deals directed at consumers and/or homeowners that sport advertising tag lines like “12 months, same as cash financing?” I have bought many items with this kind of financing and never paid a penny in interest. These items range from smaller items like my iPod ($500 with three months, same as cash financing) to larger items like my new air conditioning system ($8,000 with 12 months, same as cash financing.)

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posted in Real Estate Investing | 2 Comments

13th August 2007

Finding Foreclosures For Your Portfolio

Foreclosed propertiesThese days real-estate foreclosures seem to be in the forefront of the news assisted somewhat by the sub-prime loan mess, so I figured I’d write a few words about my experiences when looking to buy foreclosed properties or properties that are in pre-foreclosure. There’s even a web site called Foreclosure.com that can greatly assist potential buyers in finding these distressed properties. Read the rest of this entry »

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6th August 2007

Local Investor Attempts To Sway Housing Market

So, recently I was looking through Google News and ran upon these two stories which seemed very similar. Amusingly, it turns out that the same guy wrote the exact letter to two different newspapers, changing only the name of the newspaper, and both papers proceeded to publish the letter. Read the rest of this entry »

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16th July 2007

Why Some Realtors Suck

After reading this post over at RSS Pieces.com, it reminded me of why I really don’t like dealing with Realtors. Now, don’t get me wrong. Why some Realtors suck.I know that Realtors are not all bad and I understand that they do add value to a real estate transaction when they know what they’re doing.

Personally I believe that the bar for entry into the profession is set way too low by the state. In Florida, as long as you can pass the test, you can get a license. The state department of professional business regulation makes a lame attempt to weed out the clearly mentally ill-equipped applicants by copiously littering the test with trick questions. This, however, does not limit the morally corrupt applicants.

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posted in Real Estate Investing | 5 Comments