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investment properties: Rental Properties are Still a Good Investment - 05/20/10 01:33 PM
Rental properties of one to four units are both a good choice for many of today's investors, and a good area of specialization for many of today's real estate professionals.
Why rental properties? For one thing, a growing number of people will seek out new places to live, and an increasingly attractive choice will be renting. In fact, vacancy rates have already begun to ease. A recent study cited by The Wall Street Journal reported that apartment rents rose in the first quarter of 2010 after five straight quarters of declines.
In the past, investors bought rental properties based on the … (1 comments)

investment properties: Buying Bank Owned Properties - 05/13/08 11:57 AM
BUYING BANK OWNED, FHA LOANS AND THE WHOLE ENCHILADA... There is a lot of conflicting information out there.  Have foreclosures peaked?  Maybe not everywhere, but Orange County is getting close.  The banks took possession of 698 properties in March, down 4% from February and down 13% from January. (Source:Dataquick)  They could spike again, slightly, over the next few months but indications would be that the number is stabilizing.  Some reasons are that more and more lenders are developing work out programs, loan modifications and loan relief.  Short sales are still out there but frankly they are the riskiest bet for a … (1 comments)

 

Joseph & Cheryl Melendez

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