Archive for January, 2015

Buy a House and Leave Closing with a Check

Filed in General by on January 28, 2015 2 Comments
Buy a House and Leave Closing with a Check

The first time I did this I purchased a rental and left the closing with a check for $21,000. Things have changed a lot since I did this, and frankly the way I did it was reckless and not recommended.  With that said, there are a handful of savvy and safe ways to buy a […]

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Market Update

Filed in General by on January 23, 2015 0 Comments
Market Update

What a year!  Most everything I am reading is very positive about the close of the year and expectation for 2015.  On a real general level, it is safe to say we have recovered from the 2007-2008 crises we went through.  A recent revision of the Q3 2014 GDP numbers, a good gauge on the […]

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Tax Reform

Filed in General by on January 5, 2015 0 Comments
Tax Reform

Written by: Tracy Wilson Congress does not grasp basic fundamental business principals.  The unfortunate outcome is the real estate investor could suffer.  Below are five items impacting real estate that are on Congress’ chopping-block under the guise of tax reform: Home mortgage interest deduction or MID The maximum mortgage amount eligible for the MID would […]

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Reluctant Buyer: The power of “No”

Filed in General by on January 2, 2015 0 Comments
Reluctant Buyer: The power of “No”

I stood up and said, “Sounds like this is not going to be a good fit.  Thanks for inviting me over,” and I headed for the door.  I got about half way across the room when Andy said, “Wait! Come back and let’s see if we can work this out.” Twenty minutes later I walked […]

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