Zillow.com is a popular website for many homeowners and those who intend to go to search for specific property valuations. But how accurate can an expert system that is fully computer generated be without the benefit of actually seeing the property in question, much less the comparables, or even the location? It was my brother-in-law who first told me about […]
There are many ways to earn money with Real Estate. In my opinion, one of the easiest ways to make money in this business is to become a Real estate bird dog. Stop before you run out the door! You will still have to work hard. However, many of us believe that it is much easier with fewer headaches than […]
As the owner or manager of multiple commercial and residential properties, you need property management software capable of handling both types. Complex portfolios don’t necessarily require complex solutions. Often times a program can do everything you need. Of course, the more complex your investment properties, the longer it will take to set up your software. One thing’s for sure though, […]
Based on an interview with Srdjian Gavrilovek, an investment banker in Atlanta, GA. Lenders only make money when they lend money. Therefore, they want to lend as much money as possible. However, there are qualification criteria that borrowers must meet. Some loans will require high credit scores and a lot of income, while other loans will allow for a lower […]
The issue of money, in some circles, is an issue that most pastors prefer not to discuss with their parishioners. I think this is a mistake. This topic should be discussed from time to time. Not to promote greed or worldliness, but to promote stewardship in the life of the believer. Christ spoke about money more than any other topic […]
What is the fastest way to lose money on real estate investments? Paying too much for a property? Select bad tenants? Take out adjustable rate mortgages? It is neither of these. But all of these guesswork can result from not knowing the fastest way to lose money on real estate investments. Let’s examine the steps a typical new real estate […]
In early retirement, I do some consulting in the franchise industry. You see, I built a perfect business model for my small business and after a decade I felt like I was ready to franchise. In doing so, I learned a lot, and learned most of it the hard way. Suffice it to say, the franchise industry is pretty tough, […]
FICO stands for Fair Issac Corporation. Bill Fair and Earl Issac started a consulting business in the 1950s and developed FICO scores, which measure credit risk. I keep trying to think of alternative definitions for the acronym FICO: * Floundering In Credit Oppression. * Forget that I am crushed by credit. * Forever Instant Credit Organization. * Financially I am […]
Isn’t real estate supposedly one of the best investment class categories in the world? People always need a place to live, right? So why does it seem nearly impossible to invest in real estate in California, which is known alongside New York and Florida, as one of the best places in the world to invest in real estate, unless you […]
What is Basel II? Who is behind this? Who has developed it? Is it an international law? Do we have to comply? Who has to comply? Can I have a summary of Basel II? These are very important questions and it is good to start with your answers. The Basel II Framework (the official name is “International Convergence of Capital […]
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