Business was bad in Honduras even before the president was ousted in a June coup, unleashing months of political turmoil that have deepened the impoverished country’s economic woes. Honduras was already suffering from the recession in the US, its top trade partner, due to slack demand for its key clothing exports and a plunge in…
Modification of a seller financed real estate note should be done only to salvage a deal from going bad. Let’s look at the case study of a note with Julie and John.For example, if Julie loses her job, and her husband John does not make enough money to make payments on the note, then it…
Now, you don’t have much control over the buyer’s credit rating, but you do have control over the interest rate you set when structuring a note. Below are two scenarios of how the interest rate can affect the cash received when a note is sold to an investor.Both notes are the same in terms of…
A looming government clampdown on CO2 emissions is about to confront an already embattled US coal power industry with two stark options: capture carbon or die. Legislation from Congress or tough new regulatory demands could make it costly to spew greenhouse gases, posing a serious threat to the nation’s coal-fired power plants. With coal the…
Many real estate “gurus” offer insights into how to buy something with no money down – zero down deals. The only problem is that, in most real estate asset types, a zero down deal comes with so many problems that it’s almost impossible to make money with them. A zero down single-family home deal is…
Most mobile home park owners tend to amass a portfolio of several parks, simply because, after acquiring the skill sets, it seems wasteful not to buy “just one more”. But, in reality, they only need to buy one mobile home park to be set for life. How can this be? There are several reasons.Sufficient scale.A…
As a result of the upsurge in interest there are more and more companies interested in Forex, all the more under the conditions of the world financial crisis, as many other financial market segments at best stand as “air bags” and at worst, as high risk ventures. New players in the Forex market are not…
If I have learned anything over the past few years with regard to real estate investing, it is that the market is ever-changing and, in order to be successful, you must be willing to adapt and change in line with the market fluctuations.That said, what types of strategies are effective for investing in today’s market?…
Many investors are considering buying RV parks as not only an investment, but as a lifestyle choice. With millions of Americans approaching retirement, a very fundamental concept is combining one’s retirement years with one’s investment objectives – and this often points to an RV park as the best of both worlds.RV parks not only offer…
With single-family homes, a legitimate zero down deal is about as likely as sleet in San Diego. However, with mobile home parks, they are as common as rain. Of the 25 mobile home parks I’ve bought, about five of them — or 20% — were zero down.So how do you get a zero down mobile…
