How to Invest in Real Estate Notes – Part 3 of 4

If you did not already read parts 1 and 2 of this article, please find them in  How to Invest in Real Estate Notes – Part 1 and How to Invest in Real Estate Notes – Part 2, or request copies from the author. The first two sections of this article covered the basics of why you should consider real estate notes as an investment, as well as the first steps in developing a relationship with a broker and providing your first quote on your way to becoming a full-fledged mortgage note buyer.  Now, let’s move to an overview of the Read More

Student Loans – The next BIG Bubble

A thinking person would assume that, after experiencing the ravages of the tech boom and then the real estate boom and bust, most people and bureaucrats would shy away from obvious bubbles for a while.  Well, the stage is fully set for a major disaster in student loans, brought to you once again by that oh-so-special blend of Wall Street greed and government idiocy. Few would argue with the idea that a college education is a good thing, though some are challenging whether most grads get a positive return on the large investment that is required to attend college.  Certainly, accountants, Read More

Is it Time to Buy a House?

Last Saturday, The Wall Street Journal had an interesting article suggesting that this is a good time to buy a house.  The article was called “Why It’s Time to buy”, and was written by Ruth Simon and Jessica Silver-Greenberg.  While the  article was well-written and made some good points, I must disagree with their conclusions.  I counsel my clients and friends not to buy a house or any other type of property now unless they can get a fantastic deal.  As a mortgage note buyer for many years, I keep close tabs on the real estate market and the general Read More

How to Invest in Real Estate Notes — Part 2 of 4

If you did not already read Parts 1  of this article, please find it in  How to Invest in Real Estate Notes – Part 1 or request copies from the author. Hopefully, Part 1 of this blog piqued your interest in real estate notes.  If you know what you’re doing and don’t get overly aggressive, being a mortgage note buyer can be quite profitable and have less risk than many other investment alternatives.  Here, I will go into the basics of finding a mortgage note broker and the beginning phase of buying a mortgage note. As in most things, the fastest Read More

In search of an honest politician

The United States faces an incredible number of issues, yet so many of them could be solved with just a little foresight. Unfortunately, politicians are rewarded by getting reelected, not by offering viable long-term plans for the country. A case in point is the current status of Wall Street reforms.  The largest banks have only gotten bigger since the financial crisis began – so much for addressing the “too-big-to-fail” rumblings.  Plus, Wall Street quickly reestablished its propensity to pay out large bonuses to their bankers for taking speculative risks.   Derivatives, which were a contributing factor in the real estate meltdown, Read More