the only way to get rid of a temptation is to yield to it. Resist it, and your soul grows sick with longing for the things it has forbidden to itself.–Oscar Wilde (1854 – 1900), The Picture of Dorian Gray, 1891
Mar 09
FOR decades, the federal government has subsidized housing — particularly owner-occupied housing. This has been especially true during the continuing financial crisis, with Fannie Mae, Freddie Mac and the Federal Housing Administration propping up the housing market by issuing guarantees for investors on most new mortgages.
via NYTimes.com.
Mar 09
The shadow inventory from all these sources would seem to be in the 9 – 10 million home range (adding up the above numbers). Extending this shadow to the end of 2012 accounts for about half of the current sales rate for homes over the three years.
via Seeking Alpha.
Mar 09
“[The buyer] coming up almost to asking price, but I can’t get the renter out,” sighed [the Broker]. She is holding her breath until April, when she will hear whether the tenants intend to exercise their option to extend the lease for another year.
via NYTimes.com.
Mar 09
Q + Q + MA = C where Q is the Quality of service rendered. Q is the Quantity of service rendered. MA is the Mental Attitude in which it is rendered. C is your Compensation. ”Compensation” here means all the things that come into your life: school, job, money, joy, harmony with relationships, community status, a sense of tolerance, vacation, respect and responsibility, material possessions, perseverance, or “anything” else worthwhile that you seek. - Napoleon Hill, “Success Through A Positive Mental Attitude”
Mar 08
Though potentially profitable, apartment investing is full of hazard.
Here are some guidelines offered to first-time investors by veteran apartment owners:
via latimes.com.
Mar 08
Revenue-starved condominium and homeowners associations struggling to keep the taps running and the lawns mowed have found a novel way to squeeze money from units that don’t pay what they owe.
via MiamiHerald.com.
Mar 08
“But, as government here begins to implement things like the rental registration, it is only going to further suppress having investors that want to put in money and want to help. That is going to suppress that here and they are not going to want to come.”
via Niagara Gazette
