Real Estate Investing For Real | A BiggerPockets Investment Property Blog

Sat, 04 Feb 2012 17:29:04 +0000

Real Estate News by the Numbers: Week of January 28 – February 3

A quick rundown of the important real estate news from the week of January 28 – February 3, by the numbers: 8.3% – U.S. unemployment in January, the fifth straight month that unemployment has dropped. All together, 243,000 jobs were added in January, 100,000 more than economists had expected. 1.3% – Drop in home prices month-over-month [...]

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Real Estate News by the Numbers: Week of January 28 – February 3

Fri, 03 Feb 2012 16:44:49 +0000

How We Improved Our Facebook Ad’s CTR by 2,000%

Recently we started running some split tests for our Facebook real estate marketing ads, and one of the ideas we tried is known as the “Where In” campaign. In other words, this is a way to pull in traffic via Facebook by displaying an advertisement that portrays a local landmark, which visitors can guess at [...]

This Article is Copyright © 2004-2011 BiggerPockets, Inc. All Rights Reserved.

How We Improved Our Facebook Ad’s CTR by 2,000%

Fri, 03 Feb 2012 16:19:28 +0000

Even Note Investing Has Guru Traps

Our education in any business is infinite, and my passion in note investing has given me the opportunity to meet with some amazing people in the note business and I actively look for new information to perfect my craft. Currently I receive daily newsletters and publications on the concept of note investing, some of which [...]

This Article is Copyright © 2004-2011 BiggerPockets, Inc. All Rights Reserved.

Even Note Investing Has Guru Traps

Thu, 02 Feb 2012 18:30:50 +0000

Investment Property Valuation: Residential vs Commercial

A man and his realtor walk down the street and the man says “Realtor, I want to buy that house,” pointing to a beautiful 3 bedroom 2 bath home, “What should I offer?” The realtor responds, “Well, I’ve looked at the comparable sales in the neighborhood and it looks like another 3 bedroom, 2 bathroom home [...]

This Article is Copyright © 2004-2011 BiggerPockets, Inc. All Rights Reserved.

Investment Property Valuation: Residential vs Commercial

Thu, 02 Feb 2012 13:25:30 +0000

Real Estate Investment Schools of Thought Vary – As Does Their Mileage

Many years ago a guy in his early 40s called for an office appointment. He’d invested in his first small income property, and was troubled by the advice his 70 year old dad had offered. In fact, there was tension between them about what investment strategies the younger man should employ. Dad, we’ll call him [...]

This Article is Copyright © 2004-2011 BiggerPockets, Inc. All Rights Reserved.

Real Estate Investment Schools of Thought Vary – As Does Their Mileage

Wed, 01 Feb 2012 19:05:15 +0000

Know The Flood Zone Before You Buy

Today I learned a valuable lesson about the accuracy (or inaccuracy) of the flood zone designation from our municipal tax database. I’ve known not to rely on the square footage or even the number of bedrooms listed in the tax assessor’s database, but I’ve always assumed that the flood zone designation was accurate. I have [...]

This Article is Copyright © 2004-2011 BiggerPockets, Inc. All Rights Reserved.

Know The Flood Zone Before You Buy

Wed, 01 Feb 2012 15:42:58 +0000

Bulk Sales of GSE Foreclosures Begin

The Federal Housing Finance Agency (FHFA) today invited investors interested in purchasing pools of Fannie Mae, Freddie Mac and FHA foreclosures in the nations hardest-hit metropolitan areas with the requirement they rent them for a period of year to pre-qualify. The new bulk sales program, under discussion since August, will begin with a pilot program [...]

This Article is Copyright © 2004-2011 BiggerPockets, Inc. All Rights Reserved.

Bulk Sales of GSE Foreclosures Begin

Wed, 01 Feb 2012 13:03:09 +0000

Foreclosure Update: Happier Days on the Way for Judicial States

America has become a nation of two foreclosure realities: judicial states, where judicial review is required for every foreclosure, and non-judicial states. Both have their processing problems, but delays in judicial states are setting new records and impacting local real estate economies. December data from Lender Processing Services (LPS) paints a picture of increasingly clogged [...]

This Article is Copyright © 2004-2011 BiggerPockets, Inc. All Rights Reserved.

Foreclosure Update: Happier Days on the Way for Judicial States

Tue, 31 Jan 2012 14:33:42 +0000

What’s Going on in REO World?

Crazy, crazy, crazy. One of the agents in my office recently got an assignment for an REO. How exciting!. Agents love REO assignments, and this wasn’t his first. Here’s the crazy part: When I was going over the paperwork, I noticed that the property had been foreclosed upon by the lender in 2008. I couldn’t believe it, so [...]

Tue, 31 Jan 2012 13:33:05 +0000

If I were designing a Real Estate Investing Course

Please Note this is just an outline of a sample course and I am not selling or promoting anything. I am simply frustrated by the lack of straight forward, simple to understand real estate investing courses. I was so frustrated that I took some time on my yearly vacation to design an eight-hour program that [...]

Mon, 30 Jan 2012 15:26:12 +0000

Life Changing Mentors

I was listening to a program recently and the hosts were talking about mentors; specifically about the people in their lifetime that had actually changed their life. What these folks were talking about in most cases was someone that listened to them, valued them, had given them crucial information or a “chance” at something. They [...]

Sun, 29 Jan 2012 17:06:13 +0000

Advertising on the top of a cab?

I’m a big believer in always testing new marketing ideas. After all, an idea you think is never going to work may turn into a blockbuster method and get you a ton of deals. In fact, just this morning I had a friend of mine email me and tell me that he was in a [...]