income property: BEN BERNANKE'S BIG ADVENTURE - SKYROCKETING ENERGY! BUY SOUTHERN CA APARTMENT BUILDING INVENTMENT PROPERITES
- 04/13/11 04:08 AM
BEN BERNANKE'S BIG ADVENTURE! The chart below shows that since QE1 thru QE2 the VALUE of the dollar has dropped...a lot and the cost of Oil has gone up...a lot! That's why I advise YOU to buy Southern California Apartment Building Investment Properties before the prices skyrocket as vacancies fall. Rent costs in CA are predicted to double over the next five years! May I recommend that you read: The Forgotten Man: A New History of the Great Depression by Amity Shlaes To See what's coming next. QE2 was designed to Inflate our currency (reduce the value of each dollar buy adding more (3 comments)
income property: CORRUPTION IN FREDDY - FANNY PAY! WHO WOULD HAVE SEEN THAT ONE COMING?
- 04/06/11 03:33 AM
WELL, THE FOLKS WHO SHOULD HAVE SEEN THE CORRUPTION IN FANNY MAE - FREDDY MAC PAY WERE... ASLEEP AT THE SWITCH? Maybe they were bought off or ORDERED to look the other way? The watchdog for these folks just woke up and was, "shocked and amazed" that this type of thing was going on in the NEW financial regulatory state of affairs, etc. Here's a quote from Michelle Malkin's story about same in her current Townhall blog: According to government watchdogs at the Federal Housing Finance Agency, the chief executives of Fannie and Freddie raked in a combined $17 million in (2 comments)
American home prices have already fallen farther and faster than the Great Depression price crash for homes in the 1930s. The farther down the property values descend during this economic slowdown (the Great Recession of 2006-2020?) the more properties which will fall below the "underwater line". This means that the loans on the property are larger than what (2 comments)
income property: THE HOUSING CRASH IS WORSE THAN EVEN THE EXPERTS EXPECTED - BUY APARTMENT BUILDINGS
- 03/29/11 11:11 AM
THE FINANCIAL TIMES REPORTS THAT THE REAL ESTATE MARKET FELL FASTER AND FARTHER THAN EVEN THE EXPERTS PREDICTED BETWEEN JANUARY AND MARCH 2011. Reggie Middleton of BoomBustBlog.com reports that the Fed has Violated the Economic Cycle and as such has extended the recession to the 10 to 20 year range as Japan has already done. (I will load the cycle map at my next location)
N.A.R. REPORT: HOME SALES DROP UNPRECEDENTED 10% IN FEBRUARY! Sales are down and prices are down...like a...rock? PRICES BACK DOWN TO 2002 LEVELS AND LOWER! N.A.R. REPORT: Fewer Americans bought previously occupied homes in February (1 comments)
As it turns out, following the last few downturns in California real estate (1974, 1982, 1990, and 2006-2015), a certain number of folks, about 30% to 40% vowed NEVER to be in the position to lose a home, again. That translates to several hundred thousand Orange County homeowners who will be looking for long term places to live...apartments.
YOU CAN BUY APARTMENT BUILDINGS AT BARGAIN PRICES (You'll see what (0 comments)
income property: BUY APARTMENT BUILDINGS THEY WILL BE IN EXTREME DEMAND - CARL ICAHN SAYS INTEREST RATES UP!!
- 03/17/11 06:08 AM
CARL ICAHN SAYS INTEREST GOING RATES UP IN JUNE!! AND HE'S SCARED TO DEATH! HE GAVE "ALL" OF HIS FUND INVESTOR'S MONEY BACK LAST WEEK...and I quote from his appearance on CNBC this AM: Part of the problem, Icahn said, is the big unknowns ahead. The Federal Reserve this week stood firm on virtually zero interest rates, but an end to the easy money is set. The Fed has said repeatedly that it will let its latest $600 billion bond-buying program expire in June. Bond giant Pimcopulled out of long Treasurys last week, a signal that fund co-founder Bill Gross figures (3 comments)
income property: FORECLOSURES DOWN 27% IN ONE MONTH - BUY APARTMENT BUILDING INVESTMENTS...NOW!
- 03/16/11 08:51 AM
RealtyTrac SAYS THAT FORECLOSURES DROPPED BY 27% FROM FEBRUARY 2010 COMPARISON TO JANUARY 2011. The business news headlines are trumpeting the end of the foreclosure crisis...HOWEVER...the RealtyTrac press release points to the Legal mess that has been caused by ROBOSIGNERS and IMPROPER/ILLEGAL PAPERWORK presented to foreclosure courts in the states where there is a judicial foreclosure. The FORECLOSURE TSUNAMI is building up steam out in the middle of the Pacific...another analogy would be... You are drinking out of the Garden Hose...and you bend it in half so you can stop the water flow...does the pressure go down...or UP? THE PRESSURE IS (1 comments)
income property: NATIONAL BUREAU OF ECONOMIC RESEARCH IS RIGHT?
- 03/14/11 05:56 AM
I, for one, hope that the NBER (National Bureau of Economic Research) is correct in determining that our Great Recession of 2007 ended late in 2009. Hopefully, later this year, and early next year the economy and the real estate market, in particular, will come roaring back to life. I have been doing my best to be optimistic...wishing on stars...gathering 4 leaf clovers (those doggone things are hard to find - but what else do I have to do with my time, right now?)...and meditating on how good its going to be. I must admit that I have been a bit (4 comments)
income property: IT'S THE SHADOW! WHO KNOWS WHAT DANGER LURKS IN THE REAL ESTATE MARKET FOR 2011
- 03/13/11 05:21 AM
WHO KNOWS WHAT DANGER LURKS IN THE REAL ESTATE MARKET FOR 2011???? THE SHADOW KNOWS! THE SHADOW INVENTORY...THAT IS... Core Logic announced this week that the Shadow Inventory of Foreclosed and nearly foreclosed homes grew to 2.1 Million homes, up from 1.9 Million just 60 days ago. Taken together with the existing homes on the market, it would take... 23 months to clear the properties in the "pipeline"...assuming the pipeline is not clogged by lack of desire or ability by the home buying public. What if the interest rates go back up to pre-2005 levels? When it appears that home prices (0 comments)
income property: IF YOU DIDN'T SET YOUR CLOCKS FORWARD - YOU'RE ALREADY LATE - BUY APARTMENT BUILDINGS, NOW!
- 03/13/11 04:51 AM
DAYLIGHT SAVING TIME STARTED LAST NIGHT. If you're just getting up, now, grab your coffee and get out the door, its already an hour later than you think. Oh, yeah. Contact me to buy great Apartment Building Investments in Southern California! Orange, Los Angeles, Riverside and San Bernardino Counties! THE CLOCK IS TICKING...WHEN INTEREST RATES GO UP, YOU'LL BE LEFT BEHIND. (1 comments)
income property: BUY LOW-So Cal APARTMENT BUILDING INVESTMENTS-THEN SELL HIGH...LATER!
- 03/11/11 05:48 AM
YOU'VE HEARD THE ADAGE...BUY LOW AND SELL HIGH is the way to get rich...right? Well, when the Tsunami (maybe a bad choice of words today) of Foreclosures and Short Sales hits the market later this year, there will be a GLUT of renters. The FED is working on financing for apartment buildings but they won't be online for years. The rental vacancy factor will disappear and the value of apartment buildings will SOAR! How do I know? I've been through 3 cycles where the building stopped and the tenants kept coming. This is the 4th time for me...I KNOW!! If your (5 comments)
income property: BANK OWNED BARGAINS IN ORANGE COUNTY CA
- 03/08/11 05:24 PM
SOUTHERN CALIFORNIA INVESTMENT PROPERTIES BANK OWNED BARGAINS LOS ANGELED COUNTY 4 UNIT APARTMENT BUILDINGS AT BARGAIN PRICES. MUST BE SOLD NOW! Client Full Report with Photo/Map L A County Bank Owned Bargain Properties (0 comments)
income property: INTEREST RATES AND OIL SPIKE - WHAT'S NEXT FOR HOME PRICES?
- 03/08/11 03:38 AM
WELL, WE KNEW IT WOULD HAPPEN EVENTUALLY, RIGHT? WHAT COMES DOWN ALWAYS GOES BACK UP WHEN IT COMES TO INTEREST RATES. The Bloggers at Bespoke Investment Group or BIG have noted that over the past couple of weeks the Interest Rates on 30 year loans have gone up by 10%...NO, NOT TO 10%... the interest rates are up from 4.20% on November 8th and yesterday they were at 4.66%. That's a 10% Rate Increase in less than 30 days. Yikes! Still not bad but it appears that the pressure from all of the cash floating around after the Printing Presses were (1 comments)
income property: Why Apartment Building Investments?
- 02/25/11 01:23 PM
Why Apartment Building Investments? Great question isn't it? Who would want to invest in apartment buildings? Well, the Fed has decided to make a LOT of additional money available to build Multi-Unit Apartment Buildings, Construction is up ONLY in the construction of Apartment Properties. Why? There is a growing number of people who have lost their homes and have been, or will be, so deeply traumatized by that event that they will never, in their lifetimes, buy another home to avoid repeating that type of loss. Think of it...a PERMANENT renter class. It looks like 15% to 20% of the housing (2 comments)
income property: Southern California Investment Properties Apartment Buildings are a Great Buy!
- 02/24/11 06:32 AM
Southern California Apartment Buildings Investment Properties are a Great Buy right now! As always, one needs to carefully examine the income potential and condition of the property and the income stream...Neighborhood, job conditions, etc. I have found a great many Short Sale properties that can actually be purchased at a price that will make them perform and Cash Flow. I sell apartment building investments in Orange and L A Counties, so, let me know what you want and I'll find it for you. More info at: http://tomwaiterealestateblog.wordpress.com/
Southern California, Orange County and Los Angeles County, as well as, Riverside County and San Bernardino Countiy. APARTMENT BUILDING INVESTMENT SALES AND PURCHASE ASSISTANCE. SINGLE FAMILY HOMES, DUPLEXES AND TRIPLEXES FOR RESIDENCES.