Monthly Archives: October 2009

What it Takes to Succeed in Real Estate, or any other Business

I learned early on in school exactly what it took to get an A, B, C or D in a class, the only exception being College Algebra.  When I entered the corporate world it didn’t take me long to figure … Continue reading

Leave a Comment

Filed under Business Development

Performing an Autopsy on a Dead Real Estate Deal

Last week I played doctor.  This week it’s forensic pathologist.  Admittedly, I’m not very good at either one.  I let a real estate deal flat line and the cause of death remains unclear.    Fortunately, there is a lot that can … Continue reading

2 Comments

Filed under Homeownership, Investing

Real Estate Recovery Roadblock #3: Banks and their unlikely business partner, Uncle Sam

“Little else is requisite to carry a state to the highest degree of opulence from the lowest barbarism but peace, easy taxes, and a tolerable administration of justice: all the rest being brought about by the natural course of things,” … Continue reading

Leave a Comment

Filed under Investing

Real Estate Recovery Roadblock #2: The FHA 90-Day Seasoning Requirement

There are certain seasoning requirements I absolutely love.  For example, if I’m cooking halibut on the grill I must coat it with olive oil and add Emeril’s Essence.  And no rib eye tastes right to me without McCormick’s Montreal Steak … Continue reading

Leave a Comment

Filed under Investing

Real Estate Recovery Roadblock #1: The Appraisal Process

It would be easy to slam the Home Valuation Code of Conduct (HVCC) in this post.  Yes, the NAR and other real estate organizations blame this so-called voluntary code for road blocking the real estate recovery, and I agree with … Continue reading

1 Comment

Filed under Investing

The Top (3) Real Estate Recovery Roadblocks

Last fall my wife made me a delicious lunch to take with me to the office, which of course I forgot.  The next day she put my car keys in the lunch cooler so I would remember to grab it.  … Continue reading

Leave a Comment

Filed under Investing