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Blog - Page 54 - Strategic Real Estate Coach

Expansion of the Mortgage Debt Forgiveness Act Helps Housing Market

Category: Blog

Expansion of the Mortgage Debt Forgiveness Act Helps Housing Market

We've been seeing a slow turnaround of the housing market over the past year and expect it to continue this year, but there were a few tense moments there when the Mortgage Debt Forgiveness Act was about to expire. That Bush-era Act protected homeowners from paying taxes on the unpaid portion of their debt. If […]

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My Life In Real Estate – Ballash Road Update

Come along with me as I update you on one of my rehab projects – Ballash Road. Remember, we paid $52,000, had a $30,000 rehab budget, so we are into it for $82,000. We will list it for $149,900 to liquidate it – the actual listing price should be $159,900. I take you on a quick […]

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Is Another Housing Boom On The Way?

Mortgage rates are still at rock-bottom levels, and will stay there for the foreseeable future. The total number of foreclosures are down. Home prices and the number of new home sales are up. Is this glimmer of recovery in the housing market a signal of a larger housing boom about to happen? Barclays Capital is […]

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The Potential Impact Of The Fiscal Cliff On Real Estate

    With the end of 2012 approaching, negotiations regarding the so-called "fiscal cliff" have intensified in Washington. The fiscal cliff represents a series of spending cuts and closed tax loopholes that would save the government a significant amount of money each year, dramatically reducing the deficit over time and promoting a balanced budget for […]

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2013 Is Your Year To Be Daring, I’m Going To Help

The New Year is just around the corner; it’s a time to start fresh and focus on new goals and what you want to change in your life. So I’m setting out a challenge for you:   I DARE YOU to make it the best year yet. I DARE YOU to make more money this […]

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My Life in Real Estate - Ballash Rd Case Study Part 2

Come along with me as I take you through the rehab that's going on at Ballash Road in Medina. We're about 4 weeks in to the project. Our budget was over $30,000, and I want to show you some of the changes we've made so far. About half of our budget was materials and half […]

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Home Sales Rose 2% in October

October brought more encouraging news to the housing market, as the pace of home sales rose by over 2%, up 11% from last year. This despite the destruction from Hurricane Sandy. The actual number, 4.79 million, was higher than predicted. Lawrence Yun, chief economist for the National Association of Realtors commented that, “the market is […]

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Wall Street Journal says we are dead???

“The era of mom-and-pop real estate investors is quickly coming to an end.” – The Wall Street Journal Is This The End of ‘Mom & Pop’ Real Estate Investing? Come on…..That can’t be true….right?? There are 3 Cataclysmic Shifts That Will Make 97% Of Real Estate Investors IMPOTENT In The Next 12 Months … And What To […]

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Home Ownership Possible After Foreclosure or Short Sale

 There’s a new term in real estate to know – boomerang buyers. This is the term the Wall Street Journal has coined for people who have gone through a foreclosure or a short sale and are ready to be a homeowner again. They have come through the rough patch and are back in the market. […]

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My Personal Battle With Pancreatic Cancer Continued: 87+ Things I’m Thankful for Today

Over the past couple days I’ve been jotting down a list of all I’m thankful for so that when today came around I could be VERY INTENTIONAL on who, what and why I was giving thanks. I didn’t want anyone or anything to go un-noticed today. Today I encourage you to set aside 10 minutes […]

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