$8000 First-Time Home Buyer Tax Credit Extended!

UPDATE: 11/6/09 – President Obama reups popular tax credit through June 2010 and expands it to include people with higher incomes and some who want to trade up into new homes. (click here to read more…) 11/5/09 – House lawmakers passed the bill today in a 403-12 vote, and now the bill goes to President [...]

2010 – The Rise of the Sophisticated Real Estate Investor

Recently I spent some time researching statistics related to mortgage origination, foreclosures, and our economic climate as it regards to investing in real estate. Based on all of my research I am convinced that we are going to see a massive increase in opportunity in 2010 and I am excited to position myself in front of these trends to capitalize on it!

Foreclosures have been booming around the country, and with the limited ability to get funding we have seen a surge in creative real estate investing. We have also seen the average investor lay low because of the difficulty of today’s real estate market which has presented even more deals and opportunities for sophisticated investors who know how to negotiate and move properties.

Here is a summary of reasons why I feel that 2010 will be the year that sophisticated real estate investors create a tremendous amount of wealth…