DEAR BENNY: I plan to start flipping homes and have to use a hard-money lender at first. Once I make profits on a few flips, I’ll take that money and fix my credit. I am a disabled American veteran and ...
Tagged with: house flippingRead More »
The real estate market in Charlotte and around the country is hot. Property is moving, cash is flowing, and cable TV is once again playing nonstop renovating and house flipping shows. Hot markets can be fun. Hot markets can produce ...Read More »
On the surface, that is a very simple question. However, the inability to accurately calculate a property’s net positive or negative cash flow probably drives more uneducated landlords out of the business than any other single factor. Hence, a more ...Read More »
The business of real estate investing is all about the people who live in your houses – your tenants and your buyers. If you want to consistently make the highest profits, it pays to figure out where these customers really ...Read More »
DEAR BENNY: I read your column every week in our local paper. I know you do not give legal advice, but I thought you might be able to help us with legal procedure. We have a seven-unit private unit development ...Read More »
DEAR MR. BERKO: I’m 57 and have $129,000 in cash in my IRA. My broker suggested that I invest in five different $25,000 pieces of A-rated corporate bonds with 20-year maturities that would yield 4.0 percent. He said he won’t ...Read More »
One indication of an improving housing market is the dwindling number of underwater homes. Reports from several organizations now show a strong improvement in this area, which was formerly a major issue for many homeowners. “The majority of homeowners have ...Read More »