Mayoral Race in South Bend

Part of being a good real estate investor is keeping up-to-date with the political scene in your investment areas.  Right now, the mayoral race in South Bend is taking place, and one candidate in particular has really sparked my interest.  His name is Pete Buttigieg and he is 29 years old.  I am going to [...]

How to Buy a House – Interior

Here is the second installment of what to look for when buying a house.  Make sure to check out all of these important parts of the interior of the house. 1. Flooring Carpet: It is almost always recommended that you replace the carpet.  New carpet is a good selling point amongst realtors, and therefore worth [...]

Feature Friday – Andrea Swiderski

On Fridays, we are going to feature some of our favorite real estate investors.  It’s our pleasure to start this tradition with Andrea! For our first Feature Friday, we interviewed our dear friend and colleague, Andrea Swiderski.  Andrea and her husband Scott are both real estate investors and parents to four wonderful children.  Andrea is [...]

How to Buy a House – Exterior

Whether you are considering buying your first personal residence, or your first investment property, there are a few key things to look for when purchasing a home. They may seem like common sense, but doing your due diligence on each and every property will save you money. Careless mistakes are made every day, and it [...]

Short Sales

Short sales are an extremely popular strategy amongst real estate investors right now.  However, there is not much that is short about the timing a short sale.  Depending on your location and the lender you are dealing with, short sales can take an average of 3-6 months to close!  You must be patient, organized, and [...]

Auctions

A creative way of acquiring properties at discounted prices is to purchase them at auction.  After a homeowner goes into foreclosure, the bank will take back the property that was used as collateral for the mortgage.  (It is important to remember that the timeline of the foreclosure process is different in every state, and every [...]

Bank Foreclosures

There are currently around 5 million homes in foreclosure in the U.S. right now.  It is reasonable to expect that there will be at least 12 million more homes going into foreclosure within the next two years.  Because of these astronomical numbers, many people are scared of investing in real estate.  However, this market creates [...]

American REO

It is no secret that America is facing an unprecedented foreclosure crisis.  But, what happens to all of those foreclosures if no one buys them at the auction?  Well, the banks have to take back the properties, and they become Real Estate Owned, or REO.  Contrary to popular notion, the banks do not want to [...]