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This is a guest post by Ronald Cagape of LivingCasflow101.com The RESA law is a comprehensive law intended to professionalize the ranks of real estate service providers – brokers, agents, appraisers, assessors and consultants. However, this law has cast some doubt on the practice of buying and selling real estate. Let me share with you [...]
Real Estate Investing
So you have announced to the world that you are now a real estate investor, and suddenly, everyone has a property they want to show to you. This often happens to me, and can also happen to you as follows. A friends calls and says “Hey Jay, I found a foreclosed property for sale and [...]
Do you really wan’t to know the bad side of real estate investing? Although I believe it’s not a good idea to focus on the bad because we attract more of what we focus on, we should still be aware of the risks in order to be able to effectively avoid or manage them. Incoming [...]
Have you seen the low interest home loans being offered by a few banks out there lately? Several months ago, the lowest home loan rate I have seen was 5.99% per year. Now, it is even lower at 5.75% (turns out 5.88% is no longer the lowest home loan rate available). Personally, I believe these are the best [...]
*Last updated on January 1, 2011, 11:00am As 2010 comes to an end, I can’t help but look back and list down just some of the most significant and sometimes painful lessons I personally learned during the past year. I hope these lessons would help us all move forward in 2011.
This is part 2 of a series on the “Matthew Effect”. If you have not yet read part 1, you can read it here : The “Matthew Effect” and how it applies to real estate investing (Part 1) Imagine the time when a real estate investor finally nails his first deal. Can that be a [...]
I first learned about the “Matthew Effect” when I read the book “Outliers: The Story of Success” by Malcolm Gladwell. In his book, Gladwell cited stories of successful people ranging from professional hockey players in Canada, to the likes of Bill Gates, and The Beatles, as examples of how “accumulated advantage” played a big part [...]
After inspecting a bunch of foreclosed properties recently, I was to drop-off my real estate broker at her house. Her grandson who was around 7 years old, approached us after I parked, while we were still inside my car. He signaled me to open the window, which I did, and he noticed I was using [...]
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