If you own rentals in Ohio, or plan to, you need to take moment and find out about a proposed law that will force you to let certain tenants out of a lease without paying. If this proposal becomes law, any tenant would be able to terminate their lease simply by showing that they planned...

Which, if you missed it, was to repeal a never-enacted rate cut to FHA buyers for mortgage insurance premiums. In his last days in office, president Obama issued an order to cut the annual mortgage insurance premium from .85% of the loan balance to .60%. This rate cut didn’t go into effect until January 27th,...

 Like a lot of seasoned investors, I have a LOT of opinions about the “right” way to do things. In fact, I’m afraid that, once I form a particular belief about something, I might be even MORE likely to stick to it like white on rice than the average person, ‘cause I’ve been around the...

Understanding Performing vs. Non-Performing Note Investments There are 2 kinds of notes that you can buy: performing (that is, the note is being paid as agreed by the borrower) and non-performing (the payments are not being made, and the note is “in default”). Usually, when you buy a non-performing note on a vacant home, your...

   In every single city I visit, I'm challenged with some version of this statement: "Our market is so hot that it's really not possible to buy deals at investor prices right now—much less at wholesale prices."    And I mean EVERY city, from Nashville to L.A. to Toledo.    In fact, I hear the...