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
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
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
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
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
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
Filed under Investing