Partner Night Mare
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I'm writing this blog from my past business with a partner. Also to try and tell you what to look for in a partner. A business to me is an investment and you need to protect it as much as possible. It started 7 years ago, down on my luck not making much money and had 3 kids all boys love them to death and my wife great woman. I bought Carlton Sheets books on real estate not bad some of the programs he was teaching didn't really work here in NJ or I was not into them enough to... continue reading >>
What Do I Do Any Suggestions
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I put in the category big mistake but when it comes to family sometimes you have no choice.
As you know I have been in real estate investing for 6 years with a partner. But we broke up and went our own way. Well I started another business refinanced my home I live in now, Paid off all my debt and my wifes and had 10'000 left to start a business in real estate. The goal back in January of 07 was buy older homes and update them to the 20th century with fuel efficient... continue reading >>
Starting With Great Success
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Well I've been taking Prestons advise and taking controll of my fear, It is working. I start my day by waking up and taking a shower. While I am in the shower I start to sing how great I am and successful today I will be in real estate. My family thinks I am nuts but today a few great things have been happening.
I put in a few offers here in NJ to a few distressed home owners. Went out to look at the places giving offers .50 to .60 cents on the dollar and did about... continue reading >>
HELP THE WHOLESALE INVESTORS
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Hi investors CreativeGuy here, being creative. I had a brain storm after some blogs of other new investors and the mistakes that come to them when they have no experience or money in this field of investing. I will start out by some of my experiences over the years. Yes I have been an investor for six years with a partner. Things went wrong and now I am on my own. Been a general contractor for 23 years in the home improvement field. Between my experiences and other successful investors maybe we can give the new investors a... continue reading >>
Creative Idea
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We Are Wholesalers
Looking For Buyers Looking For Cash Investors That Can Close Quickly
We at Creative Investments are Wholesalers; we can find properties for you when you don’t have the time. Right now we have resources in NJ & NY areas. Looking for buyers, Cash deals, can close quickly. Lets us know what you are looking for single or multi families. If you are out of state and are looking to invest in the NJ & NY areas. We also offer fixing the property to your liking to either rent or sell. Been in the... continue reading >>
SUCCESS / POSITIVE ATTITUDE
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Success/Positive Attitude
I’ve been a Real Estate Investor with a partner for six years which is no more we bought to hold and rent. I started a new business in March of this year and bought my first flip to rehab the home, I have 23 years experience in home improvements. I did it with No Money Down and Money for Closing Cost and some Rehab cost with the seller holding a note for 1 year. SUCCESS
I started to rehab the property by ripping out the bathroom and the kitchen and resheetrocking the rest of... continue reading >>
STEPS TO SUCCESS / OPINION
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STEPS TO SUCCESS / OPINION Experiences The Last 6 Years In Investing For New Investors Learning
I’ve been real estate investing for the last six years with a partner that didn’t like banks and % rates. So if I found good deals and we didn’t have enough money we let the deal go. BAD MOVE.
When we were together in the beginning I had no money but I knew a little about investing thru Carlton Sheets courses got me going. So we bought to... continue reading >>
Investors get a long term view of housing
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Real Estate Articles from Inman News Story Tools E-mail Story Printable Version Comment on Story Reprint Rights Investors get a long-term view of housing Guest perspective: Long-duration housing derivatives begin trading today Monday, September 17, 2007
By Stephen Bedikian
Long-duration derivatives based on two competing housing price indexes began trading this week. These new contracts with expirations between one to five years will allow investors, developers, builders and other market participants to express a long-term view on U.S. housing prices.
Contracts based on Radar Logic's Residential Property Index (RPX) will be available through licensed dealers including Morgan... continue reading >>
Fed slashes over night rates by 50 basis points
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Fed slashes overnight rates by 50 basis points Markets welcome reduction in federal funds, discount ratesTuesday, September 18, 2007
Inman News
Stocks soared but yields on 10-year Treasury note stayed stable after the Federal Reserve slashed 50 basis points off both the federal funds rate -- the rate banks charge each other for overnight loans -- and the discount rate, the rate the Fed charges for direct loans to banks.
The reduction in the target for the federal funds rate, to 4.75 percent, marked the first time the Fed had cut the overnight rate since June... continue reading >>
Fed Rate Cut
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What the Fed rate cut means for your mortgage
On Tuesday, for the first time since 2003, the Federal Reserve cut their benchmark interest rate, the Federal Funds Rate, by 1/2% to 4.75%. The Federal Funds Rate is the short term rate that banks charge to borrow money from each other.
There is a common misconception with consumers that when the Federal Reserve cuts the Fed Funds Rate, that mortgage rates fall the same amount. This is simply not true.
Rates on home equity lines of credit, which are tied to... continue reading >>
