All Posts Tagged With: "investment property"

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Bank Owned Deals vs. Short Sales

To put it real simply, bank owned property has been through the foreclosure process, the title has been cleared, and now the lender owns the property. A short sale is where the owner has ceased making payments or is significantly in default (usually), owes more than the property is worth and is cooperating with the [...]

7Apr2008 | Brecht Palombo | 0 comments | Continued
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What is Your Equity Doing?

I’ve been working with a client recently who is about to increase the return on his equity from about 5% to about 28% in one move. But what the heck does that really mean? I’m not talking cash-on-cash. I’m not talking cap rate. I’m talking about IRR, or an Internal Rate of Return.
What is an [...]

5Mar2008 | Brecht Palombo | 0 comments | Continued
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Starter Investments

Lance has been out there looking at a lot of property. Today we saw a 15 unit that we’ll be putting a video out for later in the week. There’s also an 8 and a couple of 4s. For now I’ve got these 2 families. One of these is a bank owned property that is [...]

28Jan2008 | Brecht Palombo | 0 comments | Continued
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