Last week I got a letter in the mail from the IRS. Of course, when I saw the envelope I thought two things: “Crap, I’m getting audited” and “crap, I owe them more money.” When I opened the envelope there were several documents, which I didn’t really...

Ultimately whoever occupies your investment home is your decision.  The choice of who will move-in, maintain and occupy your investment property should be carefully screened and cherry picked until you have the “perfect” tenant or tenant-buyer.  Let’s...

No price is too high … Reuters (9/3 ’10): “Analysis: Obama running out of options to aid housing market” “It is very very difficult to engineer some kind of large-scale foreclosure relief that doesn’t benefit at least...

Regret it was my fault for this post being late.  Twist had her charts done quite a while ago, but we at Doom North have been busy tying Igor down and such-like tasks in preparation for hurricane Earl expected tomorrow. This week the Fed’s own holdings...

When I was a freshman in college I took an Introduction to Logic Class.  As a business major I thought that taking the class would be a good idea; plus the girl I had a serious crush on was a philosophy major so I figured I’d see her in class. ...

Today marks my 40th post for the BiggerPockets blog and yesterday I realized that up to this point I am yet to write a commentary.  That changes today. Pardon my rant, but I think the responses to this post will help a lot of people. Ok, seriously?...

Today’s Quiz: What is my return on the following investment: I bought my first investment property back in August 2008. I paid $63,500 for the house using my own cash. I spent the next two months rehabbing it with $34,000 of my own cash. It...

“Even after careful research, not all ideas are good; sometimes your competitors have better ideas or they’re faster than you. The modern entrepreneur takes failure in his or her stride and moves on.” ~ Richard Branson , Screw It,...

There are a lot of things to consider when evaluating a deal.  As real estate investors, we must find great deals.  Not good deals, but great deals where we can minimize risk, maximize annual return and control our success.  Here are the 4 most...

No Doomers, I haven’t disappeared this week.  I’ve been in New England, where I thought I’d post regularly.  The weather has been beautiful though, the relatives have kept me busy, and I figured that if I miss a day or two, the housing...