Investing
Real Estate Investing and the Mob Mentality
A friend of mine sent me a copy of the Property section of the South China Morning Post during a recent business trip. It seems there’s no end to the abuse the US real estate market is getting in the press, ALL the press. Click on this link to see what’s being said overseas. Chinese [...]
10Jun2008 | Brecht Palombo | 0 comments | ContinuedMake Your Goals Match Your Market
I write from time to time about how to size up a real estate investment. We’ve discussed cap rate and gross rent multiplier and briefly IRR. In the multifamily market though it seems there are as many measures of a good investment as there are investors.
Recently we were talking with an investor who is [...]
More Banks May HAVE to Sell at Foreclosure
It is the norm for big banks foreclosing in Massachusetts to use the process simply as a title clearing procedure. The way it works is that there is minimal marketing and the bid process involves the foreclosing attorney “bidding the debt” or bidding the full amount that the bank has into the property. Very often [...]
12May2008 | Brecht Palombo | 0 comments | Continued