By Bill Guerra
This is a question that many new investors ask themselves and I have asked myself this many times as well. This has to be must be answered individually. On should consider somethings prior to taking that much desired step as an full time investor.My first year in investing, I used my job [...]
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Mesquite, Nevada Housing Prices Drop.
Yeah, well about two years ago Mesquite was a hot market too, but it is feeling a cool down of prices as well. The average sales price for a house in Mesquite, Nevada dropped to $249,659 from $291,379 about one year ago, that is a size-able chunk. Just like las vegas home [...]
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Las Vegas Leads U.S. in Investor Owned House Defaults.
Nevada had the hottest real estate market for investors two years ago. Now investors are defaulting. These were loans of sub prime origination. According to the Mortgage Bankers Association thursday, 29% of the 2005 loans (which are the ones defaulting today) were to investors.
My guess is most of [...]
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Help with Foreclosure?
President Bush today announced the feds will help some homeowners who have adjustable and or high or otherwise unaffordable payments. Its called FHASecure. He said “there have been some exceeses in the lending industry” uh, duh, you think?
The program is to help folks who are 90 days late, yet still in there house. It [...]
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Should I Quit My Day Job? | By Bill Guerra (Bill in Vegas)
This is a question that many new investors ask themselves and I have asked myself this many times also. This of course must be answered individually; however there, are some things to consider prior to taking that much desired step as an investor.My [...]
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