May 1st 2010, the Tax Credit is Gone
This site was started at the end of last year when it was clear the housing market was going to change. We have encouraged people to sell the Real Estate that they had leveraged, or was going to be suspect in their over all portfolio. Some people listened, and some held on hoping for the market to come roaring back.
In the next few months all of the illusions of the Real Estate market place will be stripped away. It is once again time to start building a Real Estate portfolio.
Over the next few months we will talk about how the past 30 years the Real Estate market place has gotten out of whack. Right now let’s just concentrate on some basics, like getting a bank loan, and making offers. Remember the bank is the enemy. We are only looking at owning property free, and clear. We use the bank’s money, but get it paid off as quickly as possible.
In future posts we will talk about buying properties of value, pricing them correctly, and making offers. It’s going to take a lot of offer, time, and patience to buy well this year, but it will get easier.
As always, your situation in unique. You can always contact me using the link on the first page.