3 Ways To Dig Into The Dirt: Your Guide to Investing In Vacant Land

We’ve all been there at one point or another. We pass by some vacant parcel of land for months, maybe even years.  We say to ourselves “man, I’d absolutely love to build on that property some day. It’s so underutilized.” This hypothetical building could be a house, multifamily community, retail center, office space…it could be… Read More..

Mortgage Rates: A Long Way to Fall for a Significant Increase in Refinance Activity

I've seen some recent discussion suggesting that mortgage refinance activity might pickup significantly if mortgage rates fall just a little more. I think this is incorrect.First, from Freddie Mac last week: Mortgage Rates Remain Low Heading Into Holiday WeekendFreddie Mac ... released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage… Read More

Why Probate Properties Could Be The Best Deals In Real Estate

If you want to be a successful house flipper, you need to find good properties to purchase. It’s just that simple. If you look hard enough and network enough, you might find these houses below market value through some unconventional means. For instance, you can purchase a house through a short sale. You can also… Read More

Inflation

Submitted by Adam Taggart via Peak Prosperity, For close to 300 years, inflation in the US remained very subdued. Small spurts occurred around major wars (Revolutionary, Civil, WW1, etc), but after each, inflation quickly trended back down to its long-term baseline. If you lived during this stretch of time, your money had roughly the same… Read More

Are You Still Struggling to find Great Tenants? Struggle No More!

As an owner/manager of 25 units, I am always on the hunt for quality tenants.  In 2014 alone, I have found and approved ten tenants for my units already. All with minimal or no vacancy.  It is about ten more than I like, but sometimes people have to move.  It is well above my average… Read More

Bank of America’s highest paid executive looks one step closer to running the firm

He’s the Wall Street honcho eyeing Brian Moynihan’s CEO suite. Thomas Montag, a 57-year-old former Goldman Sachs partner, is set to be named the sole chief operating officer at Bank of America, Bloomberg reported today. Montag had shared the COO title since 2011 with David Darnell, who is relocating to Florida and will become a vice chairman, overseeing… Read More

Small-fry tech M&A is at its most frenzied since the dot-com bubble

Silicon Valley is white-hot right now. Rapidly growing tech start-ups are scoring sky-high valuations on a regular basis. The latest example is the reported $ 20-million investment by venture investor Kleiner Perkins in messaging company Snapchat, conferring a lofty $ 10 billion valuation on the revenue-less company (paywall). And earlier this week, Amazon bought video-game broadcaster Twitch for about $ 1… Read More

The Hidden Key To Success In Real Estate

Any given day you will find a flurry of activity in our office. Looking from the outside, it may seem unorganized and at times unorthodox and to me that is okay. Our walls are covered (really covered) with white boards, hand drawn graphics of our business plans, vision boards and inspirational quotes. It looks like… Read More

So Far So Good

Apologies for my relative absence today – for one until now there was little to add to yesterday’s perspectives, and second I’m running a bit thin on time today. So let’s cover the basics: If you recall – I pointed at the 100-hour SMA as our inflection point for a drop toward the lower Bollinger… Read More

6 Brilliant Tools to Make You Look like a Pro Landlord

We have all heard “fake it until you make it.” Well there is a lot of truth to this! Today I am going to share some “must have” vendors and tools I use as a Landlord and that will help any landlord improve their image to their tenants. I have used some of them since… Read More

Better Triptych Than Cryptic

I can literally see you guys scratching your collective heads, so let’s precede the charts with what the heck a ‘triptych’ is supposed be. Here you go – lifted right off Wikipedia: A triptych is a work of art (usually a panel painting) that is divided into three sections, or three carved panels which are hinged together and can be folded shut… Read More

M&A skipped its usual summer vacation and hit record highs instead

Historically a slow month for mergers and acquisitions on Wall Street, August dealmaking is at its highest level since 2000. The corporate merger machine appears to be on overdrive, registering a record $ 293 billion in global M&A as of Aug. 28, according to Dealogic. That’s 83% higher than the $ 160 billion global mergers & acquisitions generated last year… Read More

The Bubble is in Cash, Not Stocks…

By: Brad Thomas at: http://capitalistexploits.at/ We are repeatedly reminded by many so-called "experts" that the stock market is in a bubble, and that when central bank quantitative easing programs end stock markets will "crash." However, it would appear that the only bubble is people's uncertainty of the future and their desire to hold large sums of cash… Read More

BP Podcast 085: Hybrid Investing, Long Distance Rentals, and Property Management with Mike McKinzie

Today on the BiggerPockets Podcast we chat with Mike McKinzie, a full time real estate investor from Garden Grove, CA. Mike is an investor and former property manager who has personally dealt with over 5,000 real estate transactions, but focuses most of his attention today on using property management to invest both locally and out of state. This show explores a… Read More

Alibaba’s latest IPO filing is a glimpse into its future

Chinese e-commerce giant Alibaba appears to be ready for its debut. Weeks before Jack Ma’s Chinese online sales giant launches one of the most hyped IPOs since Facebook’s, the technology company has offered a fresh glimpse of its financial results in IPO paperwork updated today with US regulators. In a nutshell,  the update illustrates Alibaba’s meteoric growth in mobile revenue. Here are some takeaways… Read More

A comment from Tom Lawler on Household Estimates; Thursday: Unemployment Claims, Q2 GDP (2nd estimate), Pending Home Sales

CR Note: Many analysts and reporters use Census data to estimate ongoing household formation. They are ignoring severe problems with the Census estimates ... from housing economist Tom Lawler: For well over a decade I have been trying to get Census to explain the widely different estimates of households from different surveys. In a 2004… Read More