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What is Robo Signing?

What is Robo Signing?

If over the last three years you’ve asked yourself, WHAT IS ROBO SIGNING —- this is it! Open heart surgeon, NFL football coach, OJ Simpson’s defense team. These are what most would consider high stress, high pressure positions. If the surgeon, the coach, and the Cochran team (RIP, Johnny) “f” up, chances are they’re gettin’ a boot in the ass (or a razor-clean... [Read more]

Fannie & Freddie – Newer Faster Short Sales.

Fannie & Freddie – Newer Faster Short Sales.

It’s a hot topic for sure, and now there’s even more talk about short sales and expedited processes by Fannie & Freddie (who, by the way, sound more like a brand of women’s panties and a rapper, respectively). No disrespect, of course…just sayin’. New Short Sale Process For those real estate agents and homeowners awaiting a decision on their short sale offer from... [Read more]

Letter of Funds. Pre-approved vs Pre-qualified

Letter of Funds. Pre-approved vs Pre-qualified

Commitment letter shmamittment letter. What’s the difference between Pre-approved vs Pre-qualified? Well for starters, you’re a complete DB if you’re still trying to get a deal using a commitment letter. But pre-qualification letters or a “letter of funds”…..now that’s a horse of a different color. And a solid Proof of Funds (POF)….well, that’s... [Read more]

Property for Profit. Rent vs. Buy

Property for Profit. Rent vs. Buy

What’s the sweet play right now in real estate investing? Well before I tell you and you go off in search of this next shiny object I’m about to lay on you – I need you to ask yourself; what are you good at, what do you love to do? Then once you’ve done some serious soul searching – and you’ve really figured it all out —- ask yourself, what’s the market... [Read more]

Foreclosure News. Bloomquist Reports More Coming.

Foreclosure News. Bloomquist Reports More Coming.

Is clear that more foreclosures are coming. I think I’ve been beating that drum pretty loudly of late. Here’s some interesting foreclosure news: There is one county in my market of Maryland where 75 REO listings hit the market in one week (week of April 22nd). That’s pretty astounding given the fact that in some recent weeks there have not been more than 75 total bank-owned listings. U.S.... [Read more]

The Quality Quantity Conundrum.

The Quality Quantity Conundrum.

Its an age old question amongst real estate investors, entrepreneurs and really – all of human-kind. The Quality Quantity Conundrum. Where do you fall in the spectrum? You better have an answer to this question. Here’s why. MORE MORE MORE = GOOD BETTER BEST? Everywhere you look, there’s a quest for more, more, more. Bigger cars, bigger houses, bigger bank accounts, bigger boobs,... [Read more]

Publication 590 – IRS Updates for Your IRA

Publication 590 – IRS Updates for Your IRA

Ok, so it may not be as exciting, titillating, and erotic as Fifty Shades of Grey, but the IRS Publication 590, a comprehensive guide to Individual Retirement Arrangements (released in December or 2011) covers new rules for 2011 and 2012. Bust out the whips and chains, ’cause here’s 103-sultry-pages of what’s new and good with the Publication 590 and IRS Updates for Your IRA. WHAT’S... [Read more]

Flip The House. How to Invest in Real Estate.

Flip The House. How to Invest in Real Estate.

I have often said that flipping houses is a roller coaster ride. Its not a job for the faint of heart. Recently I came up with a new analogy. If you want to learn How to Invest in Real Estate, how to, “flip the house,” as I say – you must first understand that flipping is like a shaky, wobbly, 3-legged chair. Its fragile, baby – so be careful how you sit. Even though it seems... [Read more]

House Before and After. Rolling Thunder 3

House Before and After. Rolling Thunder 3

Well, here’s another update on this fast moving house before and after; Rolling Thunder. My little version of Flip This House. In this 2.5 minute episode, I talk about what I think I do better than any other rehabber in the country – “sizzle with the steak.” Ever been to Ruth’s Chris steak house? You know when they bring that $40.00 steak to your table and its still sizzling?... [Read more]

Foreclosure Dam Ready to Break

Foreclosure Dam Ready to Break

S0 many stories lately on the next wave of foreclosures. Is the foreclosure dam ready to break? Maybe its wishing thinking, maybe I’m just bored as I twiddle my thumbs through one rehab at a time – but I oh, how I dream of riding that next sudsy wave. Frank and Brian over at ThinkBigWorkSmall.com are all over this story in a wildly entertaining way that only they can report. What do you... [Read more]