Archive for December, 2007

Online Property Records

The internet has created loads of great useful things. YouTube, Facebook, MySpace are great but they are not all that useful in using the internet for business. In the mortgage business information is key. There are countless mortgage programs out there from different companies and they all have slightly diffeernt guideless. The internet makes it [...]

Who has the thickest wallet is no contest to win

So you have amassed a collection of credit cards over the years that is so thick it actually stretches to the moon and back. Okay well that distance is a little exaggerated, but you have way to many credit cards. Which one should you keep, and should you get rid of any? Start with picking [...]

Is Cashflow King?

New investors often focus on just the properties cash flow when evaluating a new property for purchase. That is a great factor to look at and very important as if the property isn’t making the money they want, they shouldn’t buy it. What are some other factors that an investor should look at when evaluating [...]

NYC Apartments

I’ve been saying for a while rents need to catch up with purchase prices. New York City is no different. Landlords can’t afford to “rent” buildings when they are losing money each month. Surfing the web the other day I found a real estate company in New York City, Mark David & Company. Figure Manhattan [...]

How can Option One Mortgage close?

H&R Block Inc. is closing down Option One Mortgage today after being unable to come to terms with the sale to Cerberus Capital Management.   H&R Block said today that it had worked with Cerberus in recent months to identify “mutually acceptable alternatives” for restructuring the April deal “in light of the widespread changes in mortgage [...]