Archive for December, 2010
Weekly News Digest – December 25
Home sales rise, but is this a sign of good things to come? Florida sees condo gains but SFH lag Tax reform seen as necessary by economists NYC commercial real estate still struggling
All I Want For Christmas Is My Free Con-doh, My Free Con-doh.
By: Jeff Shiller, Esq. Or, the alternate title: How To Own a $240,000.00 Prime South Beach Condo For $4 Per Year. Ever since the 1980’s, I’ve been trying to figure out ways to buy a cheap retirement home in Florida so I could wear white clothes year-round and solve crimes in my Ferrari (hold on [...]
Weekly News Digest – December 18
Negative equity is keeping our economy down Inman: Most influential real estate leaders of 2010 Potential homebuyers should start looking now Short sales will be plentiful in 2011. How many will you get your hands on?
Game Planning for 2011, HMB Style
I had it on my calendar yesterday to do my annual Game Planning Session and although the snow around DC delayed my start time, I was still able to get it done. And by the way, I call it “Game Planning” instead of business planning because it includes personal goals such as exercise, diet, personal [...]
Small landlords…meet the 1099!
So this week we begin to get into some meaty tax changes. We’ve just wrapped our conversation about how to get caught up on your bookkeeping for 2010. By the end of this post you’re going to realize that the days of procrastinating to the end are clearly over as of December 31, 2010. Beginning [...]
Weekly News Digest – December 11
When sellers need cash quickly, homes become cheap pickups for investors Could mortgage tax breaks be a thing of the past? Loan-mod counselors share their findings with Congress Not foreclosing on commercial properties may be hindering recovery Unequal lending practices or another symptom of the ailing economy? Chicago Fed sees bright future for 2011 residential [...]
2011 is going to be a BIG one (spoiler alert)
First of all we would like to thank you for being a part of the team here at HMB Cribs and Hard Money Bankers. We have had another great year and we have you, our clients and readers, to thank. We have come a long way since we started in 2007 and we are glad that you [...]
Don’t even bother with New Year’s resolutions in 2011 (final)…
This week we are going to wrap-up our project well before we get into wrapping presents for Christmas. With this final step you will have your basic bookkeeping 95% complete for the year. Won’t it be great to forward information to the tax guy in January instead of April? So since we are keeping this [...]
What Do Whaling, The SAFE Act And Dodd-Frank Have In Common?
By: Jeff Shiller, Esq. When the catch is sighted, it must be reached with utmost speed. An experienced harpooner masterfully pulls alongside and plunges a harpoon into its back. After retreat, descent and, finally, exhaustion, the catch is plied with lances, which are thrust into its body, tearing at its vitals. Soon a discharge of [...]
Weekly News Digest – December 4
In a time of declining prices, the nation’s capital is still seeing increases. Is B of A next on Wikileaks’ list? Is now the time to buy commercial real estate? Are potential homebuyers being scared away by low prices?
How to Close a Loan in 3 Days, by HMB
Ok, let me preface this by saying that we don’t like to do this all the time and we can’t possibly do this with every loan but… We can easily close a loan in 3 days on the right deal with a prepared borrower.
