I recently drove over to a brand new high rise office building in Potomac, MD at 7am to do an interview with a guy who is well known around the DC area real estate scene for two things: * -Doing a HUGE …
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So you have a property that you have been renting and even at today’s value has a market value higher than your basis; how can you minimize some of that gain? Prior to December 31, 2008 there was a significant …
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More renters than buyers in 2011? Amendment to Reg Z met with unrest CBRE thinks commercial real estate has hit the bottom NYC, DC top list of cities with most foreign real estate investment
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Congress is rolling out the reporting red carpet in a big way in 2011 and 2012. While some of these new reporting requirements do not affect real estate investors directly; for the most part, news of the introduction of each …
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Maryland rich get richer REIT tax exemptions a thing of the past Will higher rates = more sales? Flipping houses a great start for real estate investing beginners
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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
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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 …
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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?
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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? In …
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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 …
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First, I hope you and yours had a Happy Thanksgiving! OK, so picking-up from last week’s post you now have gathered several wonderful piles of data. Did you keep remembering additional items throughout the week? Isn’t it nice to be …
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Foreclosed properties for investment may be drying up After the housing crisis, will less be more? Why would homeowners prefer to rent, rather than buy?
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Hard Money Bankers funded this hard money cash-out refinance to take cash out to fund the purchase of some additional single family homes. The loan was in Columbia, Maryland
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By: Jeff Shiller, Esq. It is November, 1621. The Pilgrims have survived a treacherous settlement of Plymouth despite many of them being wiped out by exposure, scurvy and contagion. In celebration of their first successful corn harvest, Governor Bradford and …
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No, I’m not being a pessimist about the direction of the country, the state of the economy or even how the real estate market is “on its back.” These are all viewpoints that remain highly subjective depending upon which end …
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I admit it. I’m a sci-fi nerd dating back to – uhhh – never mind the year. And although I loved Star Trek, nothing could ever beat a campy episode of Lost In Space. I remember thinking I was going …
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Will banks be able to handle the foreclosure investigations? Documentation process to be scrutinized by Justice Department “Parent investors” heading back to college Lenders and borrowers being told to talk it through before foreclosure Homeowners will be responsible for their …
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Ok, I am going to vent again on this one… Have you come across those websites where the company gives little to no info about who they are and what they actually do? And I don’t mean a “directory” site …
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