A Prediction Come True — Oldest Boomers Facing Dilema

For several years now I’ve been virtually beggin’ folks, especially Boomers, to gut their 401Ks and the like, with rare exceptions. There are several reasons they’re a fail from the get-go, most of ‘em don’t need the others to be convincing, either.1. Over a 25-35 year period, most Americans save about $75-150,000 on income taxes via their annual pre-tax contributions. Yet, if they were successful in building a two comma balance (which 99%+ won’t, of course), their retirement income … [Read more...]

Buying Bank REO Investment Properties And Their Challenges

Buying Bank REO Investment Properties And Their ChallengesIt's true that "Banks have hundreds of foreclosure properties, and they are very motivated to sell, and will take pennies on the dollar. Often times they will even finance them for little to no money down.” Sounds great, doesn’t it?  Chances are you’ve probably heard something similar and thought to yourself, “If it’s this easy, why doesn’t everyone buy properties this way?”Now, I’m not here to tell you that you can’t … [Read more...]

Apartment Investing – How To Raise Rents

Apartment Investing – How To Raise RentsOne question that every apartment investor will ask themselves at one time or another is, “How to raise rents,” or “How can I raise rents fast?” This is especially true when taking over a new property, or for an investor that has owned a building for a number of years. I am going to put [...]Read the full post here... … [Read more...]