The rules for renovating pre-1978 homes are changing and failure to comply can carry stiff penalties.   If you’re a rehabber, flipper, or landlord this may affect your business. The US Environmental Protection Agency (EPA) in their infinite wisdom has new lead paint laws that went into effect on April 22, 2010. The new lead paint laws require any [...]

The Obama Administration’s Treasury released the new guidelines for the processing of short sales, titled Supplemental 09-09. These guidelines are for loan servicers who sign an agreement with Fannie Mae prior to Dec. 31 to participate in the Home Affordable Modification Program (HAMP). Along with the guidelines for underwriting and servicing HAMP programs, the Treasury [...]

I am reading a book right now called “How Capitalism Will Save Us” by Steve Forbes and Elizabeth Ames and it reminded me of something that happened in the early 80’s when I was fresh out of High School and full of naive enthusiasm, endless energy, and not a lick of business sense , was [...]

I know that most of the time you get very specific coaching or training from me, but this post is going to be half RANT and half training.  Most of you know my opinion of realtors.  For those that don’t it goes like this:   There are a handful that are worth a rip, the rest [...]

AKA….I Win or I Win I was reminded the other day about  a deal I did about two years ago which illustrates both  of the two main principals that I teach my students.  The first principal  is “everybody wins or we don’t play”.  I might not make as much as many other gurus and investors out there, [...]