All Posts Tagged With: "owners / investors"

Why Good Loans Are Now Also Frozen?! Banks Screwed Up, Homeowners Are Paying

(post by Dee) A comment from Robby clearly was due in part to misunderstanding of BT’s post from the other day about Banks Bringing Market Down. We obviously welcome all comments, but wanted to clarify this…
Here is what Robby wrote: “sounds like a paranoid and jilted broker complaining about a deal that didn’t go [...]

10Nov2008 | | 0 comments | Continued

Will the Prices of Real Estate Go the Wall Street Way and Fall Even More?

(post by Dee) Everyone has the same question to ask? Will the prices of real estate fall even more, and if yes, in what markets, what properties, and how much? And what about other assets, like stocks and bonds? Wall Street meltdown of the past three days (Dow down 1000 points!!!) leaves everyone wandering: where [...]

18Sep2008 | | 0 comments | Continued
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Rent By-owner Ad on Craig’s List

(post by BT) This ad appeared on New York Craig’s List in July (we noticed it on July 22, 2008):
“THIS 2 BEDROOM APT. OFFERS A BRAND NEW BATHROOM EQUIPPED WITH ULTRA MODERN CORNER SPA TUB, AND SEPARATE SHOWER. BRAND NEW KITCHEN WITH GRANITE COUNTERS AND BACKSPLASH. LAMINATE FLOORING THROUGHOUT. EXCELLENT LOCATION, WALKING DISTANCE TO SHOPS [...]

2Aug2008 | | 0 comments | Continued

Nasty Commercial Tenant: Get the Key, Listing Is Yours

(post by BT) I happened to be waiting for an agent in my office down the block from his house. While sitting in my car I noticed a store for rent by owner. Suddenly, in front of me a car pulls up and my realtor instinct kicks in. I know right away [...]

12May2008 | | 0 comments | Continued

Sell Property Quick, Throw in Your Girlfriend

(post by BT) Some people’s character comes out the first time you meet them… Met an investor who buys 2-family houses that need major rehab at basement prices, makes them look pretty, then sells a little bit below market value for a quick profit. First time I met him, he took me on a tour [...]

24Apr2008 | | 0 comments | Continued

‘Children’s Services’ Came Here (A Disturbing Tenant Story)

I client purchased a 2-family house in an industrial area to knock it down and build a warehouse in its place. He asked me to take a look inside to see how the previous people were living. What I saw can not be shown. I would have had pics for you to see but the [...]

14Apr2008 | | 0 comments | Continued

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