Why New Real Estate Investors Should Avoid Partnerships Many new real estate investors partner with friends to create real estate investing companies. At first, entering into a partnership can seem like a great idea. If you pool your assets with another person, you can buy more expensive properties from the start and – hopefully – [...]
Analytics company CoreLogic Inc. has reported that delinquency and foreclosure rates in the greater New York City area rose at the end of 2011, bucking a national trend toward reductions in both categories. In December 2011, foreclosure inventories hit 4.6 percent, a 0.6 percent increase from the previous year, while delinquency rates hit 7.9 percent [...]
Recently, the real estate market has been seen as a black hole. However, you will see that if you invest in the right type of property, you have the potential to earn very good profits with the added bonus of revitalizing neighborhoods. I am talking about short sales and foreclosures. Why Should You Invest [...]
Whether you’re a first-time homebuyer or business owner, it’s possible to purchase property at an affordable price with foreclosed properties. Banks generally offer foreclosed properties at low prices because it takes a lot of money and time to maintain these properties and they would rather sell them to buyers for profit. Before you purchase a [...]