According to the National Association of Realtors (NAR), “nearly 1 million homes were bought as investment properties in 2010”. While real estate investors and real estate agents have not always been the best of friends, this development has encouraged many realtors to extend their services to investors more willingly in hopes of also extending their business capacity in troubled times Read full article »
Tag archives for Flipping Real Estate
NAR Reports Around 1 Million Homes Were Investor Purchases Last Year
Flipping Houses in Todays Market
Many real estate investors who are interested in making money in today’s market believe that the days of making “fast money” in real estate are over. However, this is not true. While it is undeniably harder to “flip” houses in today’s market, many real estate investors have developed highly effective systems that enable them to turn houses around quickly without Read full article »
Rapper Vanilla Ice to Become “Real Estate Mogul”
As if there were not already enough house-flipping dramas out there, rapper Vanilla Ice is joining the fray with his DIY network program The Vanilla Ice Project, a show intended to show him flipping foreclosed houses and demonstrating his “handyman prowess”. Vanilla Ice (Robert Van Winkle) has been involved in real estate since the late 1990s, when he started renovating Read full article »
USA Today Declares the Days of Flipping Real Estate “Pretty Much Over”
Due to fears of a double dip recession, lack of “hot markets” and plummeting property values, one of USA Today’s financial experts has stated that “the days of flipping real estate, commercial or otherwise, are pretty much over”. Tom Casey, a certified financial planner at Casey Thomas & Associates, believes that now is the time to rent property, not try Read full article »
This type of real estate investing is completely legal.
Flipping Real Estate For Profits
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The Politics of Real Estate
Few industries are as profoundly impacted by the political machinations in Washington as the real estate industry. Whether it's old legislation like Jimmy Carter's Community Reinvestment Act or Barack Obama's massive mortgage bailouts, the U.S. political machine has a huge impact (usually bad) on the business of real estate.
Ideally, we could ignore politics. But here at the Bryan Ellis Real Estate Letter, we insist on seeing the world with clarity - including the reality of Washington's aggressive involvement in every facet of our business, from mortgage lending to real estate sales license; from loan modification regulations to appraisal requirements... every piece of our business is profoundly impacted by politics. So rather than stick our heads in the sand and ignore reality, readers of the Bryan Ellis Real Estate Letter choose to be informed and prepared.
Mortgage Industry News
Few things change more rapidly than the mortgage market, and with the increasing dominance of GSE's Fannie Mae and Freddie Mac over the mortgage business, it's more important than ever to keep up. Here are a few recent mortgage news updates:
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Mortgage News
- HAMP Success Tally Slowly Growing
- Western States Working Through Foreclosure Backlog Quicker than Eastern
- Biggest Down Payments in the Country Found in New Jersey
- President Bypasses Congress, Appoints Director of the Consumer Protection Bureau
- Federal Reserve Recommends Expanding GSEs to Turn Housing Market Around
- Mortgage Rates Likely to Remain Low for a While Longer
- Top Former FDIC, Wells Fargo Execs Say Fannie and Freddie Must Go
- FHA Continues to Extend Anti-Flipping Waiver
- More Homeowners Using Delaying Tactics to Slow Down Foreclosures
- Now that It’s Passed: The True Cost of the Payroll Tax Cut
About Bryan Ellis
Bryan Ellis is an Atlanta-based real estate analyst and publisher of the widely read newsletter "The Bryan Ellis Real Estate Letter". With over 200,000 subscribers - including real estate investors, agents, brokers, appraisers and other real estate professionals - the Bryan Ellis Real Estate Letter is among America's largest sources of unbiased coverage of politics and public policy for the real estate industry.
Bryan Ellis serves as editor in chief for the Bryan Ellis Real Estate Letter and is assisted by an extraordinary staff of writers, researchers and editors who are each real estate experts in their own right and who assure that the news we report is well researched, factual, and highly relevant to today's real estate industry.
Bryan is very happily married and has two wonderful daughters. He makes his home in the suburbs of Atlanta, Georgia. You can contact the team at the Bryan Ellis Real Estate Letter here.
