finance: Investor Assessment: Credit & Attitude
- 06/24/09 02:11 AM
This assessment is designed to assist the investor in analyzing not only their current situation, but help in determining what path they can take towards moving yourself towards financial freedom. The questions, scoring, and analysis are subjective in nature. Circle ONE number for each line. Rank yourself based on where you think you are today. Be frank with your answers. Everyone's credit, cash and experience level increases as they move forward. Nobody starts with a home run and $1 million in the bank. Your score will increase in the very near future. Credit Score 599 or less 600-620 620-679 680-700 … (1 comments)
finance: The 8 Biggest Mistakes in Offshore Real Estate...and How to Avoid them!
- 07/16/08 02:19 PM
It doesn't matter if you are a broker, agent, loan officer or an investor, what you DON'T know exceeds that which you DO know when it comes to investing outside of the United States. For most people, this "unknown" is enough of a hindrance to prevent us from enjoying the tremendous upside of investing abroad. If you have watched the real estate markets for more than a dozen years, you've seen ups and downs before, of course. Why is it then, that THIS particular downturn seems different? Is it the rapiddecline of values? Was it the news that Fannie Mae and … (6 comments)
finance: New Investment Fund Targets Foreclosures
- 07/11/08 04:03 PM
Vulture funds, as the name suggests, swoop in and buy bankrupt companies and then sell them with a profit in mind. Now a similar investment fund here recently formed to target distressed or foreclosed properties - whose numbers continue to rise each month. Northbrook-based Hilco Residential Partners LLC is a new residential real estate investment fund chartered to purchase residential homes, mortgages and unsold developer assets directly from lenders. The group debuted recently as a joint venture between Hilco Real Estate LLC and Real Estate Principal Solutions LLC. One partner will buy and the other will market the properties to sell. … (2 comments)
finance: What Book Are You Reading Right Now?
- 07/08/08 04:34 AM
It has been said that who we are is largely determined by the people we associate with and the books we read. Activerain has proven to be a valuable and popular portal for our community. In addition to our connections locally, our online community is pretty robust. What about the books you read? What is your favorite? How did it influence you and why? I am listing a few of my favorite books here, along with author and ISBN number. Each of these books has had a direct, measurable and significant influence on my business, personal, and social life. I am … (7 comments)
finance: Offshore Can be Safer than Onshore
- 07/03/08 06:03 AM
In my 22 years as a real estate investor, I have seen residential, commercial, industrial, mixed-use, and hospitality products rise, fall, slide sideways and return healthy returns for the investors. The United States and the real estate market that supports our economy is the foundation for the majority of wealth in the world. Until now... The dark clouds on the horizon are nothing new if you are over the age of 40. You've already seen a recession or two, a couple of wars, and lines at gas pumps. What makes 2008 different? Won't we recover in a few years like always? Isn't … (4 comments)
finance: How to Interview a Realtor
- 07/02/08 12:57 AM
By Doug Crowewww.dougcrowe.com Before talking to Realtors, its best to know what YOU want. Make sure you have established a CLEAR goal of the type of property you are looking for, the geographic area you are targeting (based on your customer needs) and the price range. You are positioning yourself as a professional. In order to get OTHER professionals to want to work with you, you must portray an image of experience and confidence (even if you are just starting). So often, we hear of Realtors qualifying the buyers. This is understandable, of course, because they need to be sure to … (0 comments)
finance: Financial Health: What are your symptoms?
- 07/02/08 12:50 AM
By Doug Crowe www.dougcrowe.com Money, credit, and living...it seems that there are seasons in our lives where there is often more debt than income. This can create stress, anger, indecision, and sometimes poor decisions. If you find yourself in a situation where there is more debt than income, you may be headed for trouble. It is never too late to fix some of your challenges. However, time is NOT on your side. The more you do to attack the situation early on, the better for you in the long run. Take a look at the three stages of financial trouble, assess … (0 comments)
This assessment is designed to assist the investor in analyzing not only their current situation, but help in determining what path they can take towards moving yourself towards financial freedom. The questions, scoring, and analysis are subjective in nature. ;)
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