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BLOG at PA Deals
Flip Formula
Are you interested in buying houses with the intentions of flipping them to owner occupants? If so, here is the exact formula you shoud use when evaluating a deal for this purpose. This formula will show you what your pre tax net profit should or could be.
-After Repair Value
minus
-Purchase Price [this is what you are pying for the property]
-Closing Costs [ this will vary but
Thursday, January 21st, 2010 | Print Article |
FHA Guideline Changes
January 15th, 2010,In an effort to stabilize home values and improve conditions in communities where foreclosure activity is high, HUD Secretary Shaun Donovan announced a temporary policy that will expand access to FHA mortgage insurance and allow for the quick resale of foreclosed properties. The announcement
Thursday, January 21st, 2010 | Print Article |
A New Page For Harrisburg, PA…
Harrisburg has had the same mayor for the last 3 decades, until now!
I think Mayor Reed has done a great job and there is no disputing the fact he has brought this city a long, long way from where it once was. That said, I think we need new energy, new ideas and new leadership.
In January ,Harrisburg City will welcome it’s first new mayor in 3 decades, Linda Thompson. There’s a lot of firsts with her becoming mayor. They are:
Sunday, December 6th, 2009 | Print Article |
Why Do You Do It?
As I sit and write this I am on vacation with my family, no I am not doing this in the middle of the day, that is when we are out having fun. Wife and kids are in bed for the night after a long fun filled day, but what I wanted to write to you about is having that something you are working for, why put all those hours in if you do not even know why you are doing it?
Tuesday, August 25th, 2009 | Print Article |
It Can Be Reality
Are You Putting Off Your Dreams? Or have things slowed down recently? Is your life visibly changing the way you want it to? Or are you still stuck with the same problems?
I was thinking today about one of my friends who contacted
Sunday, July 5th, 2009 | Print Article |
Get The Best
Few investors (if any) would ever shell out money on investment real estate unless it generates a favorable rate of return. Placing capital in real property with the expectation of generating a return is the hallmark of real estate investing and it is simply smart for any individual investor to consider all the returns of
Monday, June 8th, 2009 | Print Article |
Real Estate Investing Best Of The Four?
Real estate investing is just one road you can take for wealth creation. How does investing in real estate compare to other roads to riches?
Let’s look at four different wealth building strategies.
You can invest in the stock market, but be conservative by nature. Spend years building a portfolio of solid stocks that pay dividends. Those dividends are how you can fund your retirement. These stocks aren’t exciting, but you can usually count on enough money coming in to be comfortable. It will take many years of collecting dividend-paying
Thursday, May 7th, 2009 | Print Article |
More Than Just A Dream
I know how it feels getting started in real estate investing, I wasn’t born a real estate investor either. You get this overwhelming feeling that there are so many things to learn and to do that you become paralyzed. Well, I have good news and bad news for you. The good news is that you are not alone. Every single successful real estate investor and entrepreneur I know has been through the same exact situation. The process is the same for everyone. The bad news is that you have to overcome
Monday, April 20th, 2009 | Print Article |
A Little Secret I Am Letting Out
The media is creating so much fear that most investors have thrown in the towel, but here’s a big secret for you: historically, more money is made in down markets than in up markets. It’s the old (and simple) axiom - Buy Low, Sell High! The prices are down now - so start buying!
For the last several years, real estate investing was closer
Thursday, April 9th, 2009 | Print Article |
Do You Want Left Behind?
It may be time to take a good hard look at the Real estate market and decide on our own. With all the negativity surrounding the market lets take a look at what really matters. Most investors are looking at property values as the only criteria as when to buy and what to buy. This is a major
Sunday, March 29th, 2009 | Print Article |