by Dan Harkey The presumption by some lenders may be that the increased property value after repairs, upgrades and rehabilitation will serve as the protective equity. But, as many lenders are discovering, they unintendedly assume major financial risk rather than the owner/borrower. Speculative real estate purchases require the allocation of risk-capital into high-risk, high-reward projects, usually …

Why Would A Real Estate Lender Consider Loaning To Someone With Nothing To Risk? Read More »

Of the 50 states reviewed by the American Legislative Exchange Council-Laffer Economic Outlook, here are the five states with the best economic outlook.  The ranking bases its forecast on the “state’s current standing in 15 state policy variables,” which includes things like the state’s Gross Domestic Product and Non-Farm Payroll Employment, which the report says …

Top 5 states with the best — AND WORST — economic outlooks Read More »

In October 2019, foreclosure filings climbed upward, increasing 13 percent from the previous month, according to ATTOM Data Solutions’ newly released October 2019 U.S. Foreclosure Activity Report. The report featured the rise of foreclosure completions (or REOs) in October, which reached the highest point in 2019. Lenders repossessed 13,484 U.S. properties through REOs in October, up …

Where Foreclosures Are Increasing Read More »

A Maryland man who pleaded guilty to operating a debt buying Ponzi scheme that took $396 million from investors has been sentenced to 22 years in prison and must make full restitution to all of his victims. Kevin Merrill agreed in May to plead guilty to charges of wire fraud and conspiracy to commit wire fraud, …

Fraudulent Consumer Debt Fund Ringleader Gets 22 Years In Prison Read More »

The Federal Trade Commission is going after companies that tout get-rich flipping schemes intended to get attendees to pay thousands of dollars for special real estate training packages. FTC and the Utah Division of Consumer Protection sued Nudge LLC and affiliated companies over its real estate seminars. The seminars tout “amazing profits” for attendees to …

FTC Cracks Down on Real Estate Seminar Scams Read More »

Realtor.com® identified the hottest housing markets for investors by pinpointing those where the highest percentage of homes were either flipped or rented out after the sale. The most profitable flip markets tend to be in the Midwest and South, which have a greater selection of older, lower-priced homes as well as strong economies and population …

The 7 Best Markets For Real Estate Investors Read More »

Robert Shapiro, CEO of Woodbridge Group, was sentenced to 25 years in federal prison on Oct. 15, 2019 for running a $1.3 billion real estate note Ponzi scheme. He was convicted of investment fraud and tax evasion.  The scheme defrauded more than 9,000 investors. Alleged co-conspirators Dane Roseman and Ivan Acevedo are scheduled for trial …

Woodbridge CEO Gets 25 Years For $Billion Note Ponzi Read More »

by Ryan Robinson, Writer, entrepreneur, and small business consultant  There’s a lot of noise on the Internet when it comes to figuring out whether or not to form your limited liability company (LLC) as a Delaware LLC, or organize it in the state you call home.  I should know.  Over the past decade of living in …

Where Should You Form A Limited Liability Company (LLC)? Read More »

by Gordon Moss www.RealEstateandNoteInvesting.com www.PaperSourceSeminars.com IT’S BAAACK !!!!         After 8 years – the Trump administration VA Secretary has brought back the most powerful investment tool for building long term wealth in real estate and note investing that I know of… THE Veterans Administration VENDEE FINANCED FORECLOSURE PROGRAM.        Over the last decade I have …

The most powerful tool for building long-term wealth I know of Read More »

Looking for the hottest real estate markets? Try heading out west. ConstructionCoverage.com published a report on the hottest real estate markets in the U.S. on Sept. 26. The top five markets on its list were all out west in Utah, Idaho, Washington and Oregon. To see which cities made it to the top, here are the top five hottest …

The hottest real estate markets of 2019 Read More »