Real Estate Geek

There are a lot of guru investor types that will tell you that investing in mobile homes is a bad idea. They will tell you that because of the nature of mobile homes, and how their values decline over time, that they are not good investments, and that you should stick to regular on-site built [...]

If you have been in the real esate game very long, you certainly understand the value of knowing the property tax appraisal value on any deal you are considering. And for those of you who know how to retrieve that information online, more power to you. But if you don’t know how to find that [...]

Why is it so important for home owners in expensive areas and real estate investors to get a real estate license? It starts where most everything else starts - cost. Realtors are extremely expensive. Now on occasion the high cost of doing business with a realtor is worth it, but most of the realtors out [...]

When you start your quest in real estate investing, you are going to find that no matter how much effort and importance you place on tenant background screening and investigation, you are still going to have an occasional problem with a tenant who does not want to pay their rent. I emphasize does not want [...]

This tip is for investors or home owners alike. A while back, I was having a conversation with the Vice President of a local bank that I have done business with in the past, looking to see what he could do to refinance a mortgage on an investment property. Now, I should have thought about [...]

Now that you understand how HUD’s bidselect website works, I want to give you my strategy and approach to bidding HUD foreclosures. It’s relatively straight forward, and should be a cinch for you to duplicate. So here it is:
Bid Early, and Bid Often!
This may seem somewhat elementary, but it is exactly my mentality and approach [...]

In the last post on understanding the HUD foreclosure website, I ended by showing you about their listings designated for “Government - General, Owner Occupant”. The basics of this was that HUD tries to encourage owner occupancy over letting properties go to investors. But if HUD cannot obtain a buyer for owner occupancy, it will [...]