Whatever your opinion is on the BBB; never underestimate your rating and how it will affect your potential client’s decision on whether to do business with you or not. Moral of the story, always check your online rating for your business: Check out what I mean by Clicking Here
To your success,
James Gage
Friday, October 28, 2011
Saturday, July 9, 2011
What Should Real Estate Investors and Taxi Cab Drivers Have in Common?
By James Gage
Before I get all sorts of e-mails questioning my sanity, please give me a moment to explain what real estate investors and taxi cab drivers should have in common. When I lived in England in the early 1980s while serving in the Air Force, I had the opportunity to strike up a friendship with a local cab driver. What I learned from him has served me well not only in real estate investing, but in investing in general. He picked me up from base one day and brought me down to the local village where I was having lunch at the local pub with some of my friends. When I arrived at my destination I paid for my fare and exited the cab, and by the time I turned around to say thank you – he was gone!
I really didn’t think much of it, in fact I pretty much forgot about it until the following week when I needed to go over to the next village. I called the local cab company and requested a ride. When the cab arrived and to my amazement the same cab driver that I had a week prior showed up to take me on my trek! As I entered the cab and settled in for the ride, I struck up a conversation with the cabbie and politely asked why he was in such a hurry during my last trip? He said that he was the top producing cab driver for the last 3 years running for his company and his goal was to retire in the next 5 years! He further explained that he would be able to retire because he mad 4 times what the other cab drivers made on a weekly basis. I asked him why he was making so much more then his colleagues on a regular basis; what he said is something I have applied to my investing plan ever since that day in the cab- he said…. “It’s all in the meter drop”!
I asked him to further explain, he said that while other cab drivers would sit outside different sites of the Air Force base turning down small fares and waiting for those big money fares to London 75 miles away, he would take those multiple small fares over and over again. When it came to the end of the day he would make 4 times what the “big fare” guys would make, because he was willing to drop the meter for the smaller fares. So what does this have to do with real estate investing? It has a lot to do with it actually! Over my 25 years of investing I have seen many investors walk away from transactions because there was not enough money in the deal for them – is that crazy or what? I tell those types of investors to send me all their “scrapes”; I’ll do them all day long. Why I’m I bringing this up today? I’m I trying to flaunt my success in a challenging economy? No, rather I am trying to encourage people to adopt the philosophy that has served me well over the years. Mainly, stop looking for the big hit and focus on what I call “kibble and bits” strategy!
Why would you sign on the dotted line for hundreds of thousands of dollars on a property in a down market, without any guarantee of being able to sell the property for a profit? Why not do Assignments where there is no risk in the event you can’t get rid of the property? Would you be happy making 3-7 thousand dollars for just assigning your contract over to someone and then move onto the next transaction? Let’s be very conservative here; could you do 2 of these type of transactions per month? If so, that would be 6K on the low side and 14K or more at the top for only a few hours, rather then multiple hours on a traditional transaction with no guarantee of a good pay day. Does this sound good to you? Well, that’s what assignments can do for you; in fact many investors do this in order to raise seed money for their other RE transactions.
If this makes sense to you and you would like to read more about how assignments can get you to the “Hip National Bank” in record time, click on the link provided below now…
http://bit.ly/kqNQkF
Before I get all sorts of e-mails questioning my sanity, please give me a moment to explain what real estate investors and taxi cab drivers should have in common. When I lived in England in the early 1980s while serving in the Air Force, I had the opportunity to strike up a friendship with a local cab driver. What I learned from him has served me well not only in real estate investing, but in investing in general. He picked me up from base one day and brought me down to the local village where I was having lunch at the local pub with some of my friends. When I arrived at my destination I paid for my fare and exited the cab, and by the time I turned around to say thank you – he was gone!
I really didn’t think much of it, in fact I pretty much forgot about it until the following week when I needed to go over to the next village. I called the local cab company and requested a ride. When the cab arrived and to my amazement the same cab driver that I had a week prior showed up to take me on my trek! As I entered the cab and settled in for the ride, I struck up a conversation with the cabbie and politely asked why he was in such a hurry during my last trip? He said that he was the top producing cab driver for the last 3 years running for his company and his goal was to retire in the next 5 years! He further explained that he would be able to retire because he mad 4 times what the other cab drivers made on a weekly basis. I asked him why he was making so much more then his colleagues on a regular basis; what he said is something I have applied to my investing plan ever since that day in the cab- he said…. “It’s all in the meter drop”!
I asked him to further explain, he said that while other cab drivers would sit outside different sites of the Air Force base turning down small fares and waiting for those big money fares to London 75 miles away, he would take those multiple small fares over and over again. When it came to the end of the day he would make 4 times what the “big fare” guys would make, because he was willing to drop the meter for the smaller fares. So what does this have to do with real estate investing? It has a lot to do with it actually! Over my 25 years of investing I have seen many investors walk away from transactions because there was not enough money in the deal for them – is that crazy or what? I tell those types of investors to send me all their “scrapes”; I’ll do them all day long. Why I’m I bringing this up today? I’m I trying to flaunt my success in a challenging economy? No, rather I am trying to encourage people to adopt the philosophy that has served me well over the years. Mainly, stop looking for the big hit and focus on what I call “kibble and bits” strategy!
Why would you sign on the dotted line for hundreds of thousands of dollars on a property in a down market, without any guarantee of being able to sell the property for a profit? Why not do Assignments where there is no risk in the event you can’t get rid of the property? Would you be happy making 3-7 thousand dollars for just assigning your contract over to someone and then move onto the next transaction? Let’s be very conservative here; could you do 2 of these type of transactions per month? If so, that would be 6K on the low side and 14K or more at the top for only a few hours, rather then multiple hours on a traditional transaction with no guarantee of a good pay day. Does this sound good to you? Well, that’s what assignments can do for you; in fact many investors do this in order to raise seed money for their other RE transactions.
If this makes sense to you and you would like to read more about how assignments can get you to the “Hip National Bank” in record time, click on the link provided below now…
http://bit.ly/kqNQkF
Wednesday, February 23, 2011
January Home Sales
Hello All:
January home sales are in! Guess what? According to all the media outlets 37% of all sales were foreclosures!! It seems that investors are swooping in and buying up investment property. Is this a good idea? I am often asked that, and to be honest there is no generic answer! It depends on a lot of factors and what geographical area you reside. I would say a good rule of thumb would be if you can get an investment property and make $500.00 or more positive cash flow each month after paying your obligations - pull the trigger.
Some would say they would be happy with $200.oo positive cash flow per month, I say, that would replace 1 hot water heater after installation - get my drift. That's why I love lease options; all the benefits of ownership, without owning the property - it's about control.
Until next time be well.
James Gage
January home sales are in! Guess what? According to all the media outlets 37% of all sales were foreclosures!! It seems that investors are swooping in and buying up investment property. Is this a good idea? I am often asked that, and to be honest there is no generic answer! It depends on a lot of factors and what geographical area you reside. I would say a good rule of thumb would be if you can get an investment property and make $500.00 or more positive cash flow each month after paying your obligations - pull the trigger.
Some would say they would be happy with $200.oo positive cash flow per month, I say, that would replace 1 hot water heater after installation - get my drift. That's why I love lease options; all the benefits of ownership, without owning the property - it's about control.
Until next time be well.
James Gage
Thursday, November 25, 2010
Real Estate Investing: Happy Thanksgiving !
Happy Thanksgiving!
I love this Holiday and whether you celebrate Thanksgiving or not
I wanted you know that I am grateful for you, for your
friendship, loyalty and business.
Whatever your tradition, whatever favorite foods you enjoy,
whomever you spend the day with--I wish you a Happy Thanksgiving,
with plenty of time for reflecting, sharing with others, and
enjoying the day.
Truly, you are the best!
Be well.
James Gage
I love this Holiday and whether you celebrate Thanksgiving or not
I wanted you know that I am grateful for you, for your
friendship, loyalty and business.
Whatever your tradition, whatever favorite foods you enjoy,
whomever you spend the day with--I wish you a Happy Thanksgiving,
with plenty of time for reflecting, sharing with others, and
enjoying the day.
Truly, you are the best!
Be well.
James Gage
Monday, November 15, 2010
Breaking Real Estate News: Foreclosures
Hello All:
James Gage here with breaking real estate investing news; it seems Florida has put foreclosures on the fast track!According to CNN, Duval County (which is Jacksonville) has hired retired Judges to push foreclosures along at record speed. It seems Duval County along with others state wide are getting rid of the foreclosure backlog by having these hired Judges rule on Foreclosures from filing to sale at an average of 2 minutes per case! The average Judge will hear and render a decision on a whopping 35 or more cases a day.
Sounds to me like there will be a lot of challenges going on at the Florida Supreme Court level to these retired Judges verdicts. Is it me or does anyone else think that the bank and or mortgage companies have something to do with this process? I understand the frustration on both sides of the coin, but I was always taught if you are going to do something make sure you do it right the first time, and it seems to me that 2 minute hearings don't fit the bill.
As for us real estate investors, this means it's time to brush up on our REO strategies.
Until next time be well and to your success.
James Gage
PS: For more great tips and strategies click here to join our FREE Newsletter.
James Gage here with breaking real estate investing news; it seems Florida has put foreclosures on the fast track!According to CNN, Duval County (which is Jacksonville) has hired retired Judges to push foreclosures along at record speed. It seems Duval County along with others state wide are getting rid of the foreclosure backlog by having these hired Judges rule on Foreclosures from filing to sale at an average of 2 minutes per case! The average Judge will hear and render a decision on a whopping 35 or more cases a day.
Sounds to me like there will be a lot of challenges going on at the Florida Supreme Court level to these retired Judges verdicts. Is it me or does anyone else think that the bank and or mortgage companies have something to do with this process? I understand the frustration on both sides of the coin, but I was always taught if you are going to do something make sure you do it right the first time, and it seems to me that 2 minute hearings don't fit the bill.
As for us real estate investors, this means it's time to brush up on our REO strategies.
Until next time be well and to your success.
James Gage
PS: For more great tips and strategies click here to join our FREE Newsletter.
Tuesday, October 19, 2010
Real Estate Investing News: Robert Kiyosaki
Robert Kiyosaki said today on the Alex Jones Radio Show, that if you owe more then your home is worth you should walk away from your mortgage, even if you can make the payments!!!!! He further stated that this is what the financial elite do and that's why they have the money they have; if it doesn't perform dump it!!!! What great financial advice - huh!!!!
That will fix the housing market mess won't it Robert????
For sound real estate advice click here for my Free Newsletter.
Be well and let's make things great again.
James Gage
That will fix the housing market mess won't it Robert????
For sound real estate advice click here for my Free Newsletter.
Be well and let's make things great again.
James Gage
Friday, October 15, 2010
Real Estate Investing Tip: Lease Options
Unfortunately, the current economic situation has made it challenging to buy houses with traditional methods; why not look into Lease Options, AKA Rent to Own?
Click Here to find out !
and in the words of Forrest Gump: "That's all I have to say about that...."
James Gage
www.JGage.com
Click Here to find out !
and in the words of Forrest Gump: "That's all I have to say about that...."
James Gage
www.JGage.com
Saturday, October 2, 2010
Breaking Real Estate News: Foreclosures
Hello All:
According to CNBC on Friday, another banking giant has placed a hold on foreclosures in 23 states! Who is that giant? JP Morgan! As in the other banking institutions, this does not mean they will not do any short sales, rather they will be very selective and turn around times might be a little longer then normal. This is where your negotiating skills come in - you have to be at the top of your game with every submission.
To learn how you can take your negotiating skills and turn them into seed money for your real estate transactions please visit: www.NegotiatingForALiving.com
Be well and happy investing.
James Gage
www.JGage.com
According to CNBC on Friday, another banking giant has placed a hold on foreclosures in 23 states! Who is that giant? JP Morgan! As in the other banking institutions, this does not mean they will not do any short sales, rather they will be very selective and turn around times might be a little longer then normal. This is where your negotiating skills come in - you have to be at the top of your game with every submission.
To learn how you can take your negotiating skills and turn them into seed money for your real estate transactions please visit: www.NegotiatingForALiving.com
Be well and happy investing.
James Gage
www.JGage.com
Tuesday, September 28, 2010
Breaking Real Estate News: Condo Sales
Breaking Real Estate News: Condo sales down 23% from last year, according to CNBC ! Don't be troubled though; there are always opportunities in every market - you just need to know where to look ! Where do you look?
For more up to the minute real estate investing news, sign up for our Free Newsletter by Clicking Here
Be well.
James Gage
For more up to the minute real estate investing news, sign up for our Free Newsletter by Clicking Here
Be well.
James Gage
Saturday, September 25, 2010
Foreclosure News: GMAC
Hello All:
GMAC announced today that they are halting all foreclosures and issuing a hold on selling all REO (Real Estate Owned) properties! What doe this mean? It means that they have finally seen the light!!! They have figured out that the more foreclosed properties they flood into the market for sale, the less money they will make on these properties because of market saturation. Is this a good move on their part? I say No!
My logic is this, a little bit of something, is better then a whole lot of nothing. What I mean to say is, that what are you going to do with these properties, hold them for the next 25 years, waiting for the housing market to improve? The way I see it the housing market will not rebound until unemployment retracts, government clues us in on the tax structure after January 2011, and we start supporting and encouraging small businesses to flourish.
So, in conclusion, I would say that short sales are still possible with GMAC you just have to be at the top of your Negotiating game.
For more information and tips on leveraged real estate investing and negotiating for profit, please visit our website and sign up for our Free newsletter: Click Here
Until next time - be well.
James Gage
www.JGage.com
GMAC announced today that they are halting all foreclosures and issuing a hold on selling all REO (Real Estate Owned) properties! What doe this mean? It means that they have finally seen the light!!! They have figured out that the more foreclosed properties they flood into the market for sale, the less money they will make on these properties because of market saturation. Is this a good move on their part? I say No!
My logic is this, a little bit of something, is better then a whole lot of nothing. What I mean to say is, that what are you going to do with these properties, hold them for the next 25 years, waiting for the housing market to improve? The way I see it the housing market will not rebound until unemployment retracts, government clues us in on the tax structure after January 2011, and we start supporting and encouraging small businesses to flourish.
So, in conclusion, I would say that short sales are still possible with GMAC you just have to be at the top of your Negotiating game.
For more information and tips on leveraged real estate investing and negotiating for profit, please visit our website and sign up for our Free newsletter: Click Here
Until next time - be well.
James Gage
www.JGage.com
Thursday, September 16, 2010
Breaking Real Estate News: Foreclosures
According to CNBC Foreclosures last month were the highest since the housing crisis began! What does that mean? It simply means that home values will take another hit to the downside and housing inventory will sky rocket, forcing those who are trying to sell their homes to either drop their asking price, stay put, attempt to rent it out or get foreclosed upon if they can not make the payments.
Is there any good news? Yes of course for those of us who are leveraged investors, and use the power of Lease Options and Assignment Strategies.
For a Free Subscription to my Leveraged Real Estate Investing Newsletter click here
Until next time be well.
James Gage
Is there any good news? Yes of course for those of us who are leveraged investors, and use the power of Lease Options and Assignment Strategies.
For a Free Subscription to my Leveraged Real Estate Investing Newsletter click here
Until next time be well.
James Gage
Monday, August 30, 2010
Real Estate Investing : August 2010 Article of the Month
How to Prevent Wasting Your Valuable Time As A Real Estate Investor
No matter where you are on the financial ladder or your position in society, we all have something in common, and that is, we all have 24 hours to utilize in a day. With that in mind how many times have you found yourself chasing your real estate investing tail? How much time have you invested in deals that go no where but down the drain?
This is what I suggest you do before you even attempt to look at a property. A few weeks ago I sent you a link to a video I did on how to do a mini-title search, which shows you what kind of liens, judgments and or encumbrances are on the property, so you may figure those factors in when evaluating a property. You can view that video at : http://www.youtube.com/watch?v=BAV0aPhPl-c
Now the question arises; what happens if your state doesn’t provide this type of data available online. Here is a way around that problem! Get 1 or 2 Realtors that you use for the viewing of investment properties and have them do the leg work for you at the courthouse; teach them what I have shown you on the video. Make sure they understand the process for gathering the data before you expend any of your valuable time looking at properties. That being said, the Realtor must do 2 things for you before you agree to meet with them and view the property: 1. verify the property is still for sale and has no other offers pending, and 2. make sure you have a list of all liens, judgments and encumbrances that appear on the property.
If you follow theses simple steps you will leverage your front end time of your real estate investing plan.
Hope this helps.
James Gage
www.JGage.com
No matter where you are on the financial ladder or your position in society, we all have something in common, and that is, we all have 24 hours to utilize in a day. With that in mind how many times have you found yourself chasing your real estate investing tail? How much time have you invested in deals that go no where but down the drain?
This is what I suggest you do before you even attempt to look at a property. A few weeks ago I sent you a link to a video I did on how to do a mini-title search, which shows you what kind of liens, judgments and or encumbrances are on the property, so you may figure those factors in when evaluating a property. You can view that video at : http://www.youtube.com/watch?v=BAV0aPhPl-c
Now the question arises; what happens if your state doesn’t provide this type of data available online. Here is a way around that problem! Get 1 or 2 Realtors that you use for the viewing of investment properties and have them do the leg work for you at the courthouse; teach them what I have shown you on the video. Make sure they understand the process for gathering the data before you expend any of your valuable time looking at properties. That being said, the Realtor must do 2 things for you before you agree to meet with them and view the property: 1. verify the property is still for sale and has no other offers pending, and 2. make sure you have a list of all liens, judgments and encumbrances that appear on the property.
If you follow theses simple steps you will leverage your front end time of your real estate investing plan.
Hope this helps.
James Gage
www.JGage.com
Wednesday, August 11, 2010
Breaking Real Estate News
Hello All:
James Gage here with Breaking Real Estate News….
Home Owners who have their homes up for sale decreased their asking prices by 25 % in the month of July 2010 according to CNBC ! What does that say about our housing market??? As I have been saying for the last year, we haven’t hit bottom yet and we should price and buy our properties accordingly.
Be well and to your success.
James Gage, www.JGage.com
James Gage here with Breaking Real Estate News….
Home Owners who have their homes up for sale decreased their asking prices by 25 % in the month of July 2010 according to CNBC ! What does that say about our housing market??? As I have been saying for the last year, we haven’t hit bottom yet and we should price and buy our properties accordingly.
Be well and to your success.
James Gage, www.JGage.com
Saturday, July 31, 2010
Real Estate Investing: Will Pregnancy Prevent You From Getting a Loan?
Hello All:
There has been a lot of talk about banks and mortgage companies denying loans to women who are pregnant or have just delivered- is this true? Face value it might look that way, but it just isn't so - let me explain.
First off this has nothing to do with pregnancy. There is nothing new here at all. We are talking about mortgage guidelines! We are in a Full Documentation World now and they, the banks and mortgage companies need to document income and employment.
Here is how Employment and Income is verified by the powers that be:
• Review pay stubs, W2's etc... If the stubs mention disability or maternity leave it is a red flag
• Call the employer: "Does Jane Doe work there?" This call is often made just before closing since guidelines require a "fresh" verification. If the borrower is on a temporary leave it WILL cause a problem.
Why? It is pretty simple, mortgage guidelines require income streams to last at least 3 years to be considered for qualifications. Maternity leaves are not permanent income, they are often only for a few months and may only be a form of short term disability.
Will a loan be denied if some one is on maternity leave? No, But the closing may be postponed until the borrower returns to work. The guideline has always required a pay stub to prove the borrower has returned to work. This is not just for Maternity leave, it could be for any form of temporary disability.
This is not a discrimination item; it is purely an income issue. It is also Mortgage Banking 101... The basics that have been in the underwriting guidelines for decades. So be careful of what you read, and the source is important as well. A lot of the uproar was from an article floating out in the media that sensationalized guidelines as if they were some new 2 headed beast, The media often takes the side of an issue that will sell things rather than inform accurately.
Now that we have that straight happy investing.
To your success,
James Gage
There has been a lot of talk about banks and mortgage companies denying loans to women who are pregnant or have just delivered- is this true? Face value it might look that way, but it just isn't so - let me explain.
First off this has nothing to do with pregnancy. There is nothing new here at all. We are talking about mortgage guidelines! We are in a Full Documentation World now and they, the banks and mortgage companies need to document income and employment.
Here is how Employment and Income is verified by the powers that be:
• Review pay stubs, W2's etc... If the stubs mention disability or maternity leave it is a red flag
• Call the employer: "Does Jane Doe work there?" This call is often made just before closing since guidelines require a "fresh" verification. If the borrower is on a temporary leave it WILL cause a problem.
Why? It is pretty simple, mortgage guidelines require income streams to last at least 3 years to be considered for qualifications. Maternity leaves are not permanent income, they are often only for a few months and may only be a form of short term disability.
Will a loan be denied if some one is on maternity leave? No, But the closing may be postponed until the borrower returns to work. The guideline has always required a pay stub to prove the borrower has returned to work. This is not just for Maternity leave, it could be for any form of temporary disability.
This is not a discrimination item; it is purely an income issue. It is also Mortgage Banking 101... The basics that have been in the underwriting guidelines for decades. So be careful of what you read, and the source is important as well. A lot of the uproar was from an article floating out in the media that sensationalized guidelines as if they were some new 2 headed beast, The media often takes the side of an issue that will sell things rather than inform accurately.
Now that we have that straight happy investing.
To your success,
James Gage
Saturday, July 10, 2010
Real Estate Investing: How to do a Title Search before viewing a property
Check out my video on " How to do a Title Search before you go to a property", find out the information you need before viewing a property: Click Here
Saturday, July 3, 2010
Real Estate Investing: Happy 4th of July
As we spend this 4th of July weekend with family and friends, let’s pause for a moment and think about what this Independence Day really means. As our country goes through hard times, let us remember that the sacrifices of those that have gone before us paid so we may enjoy the opportunities and freedoms which make this the best country in the world.
Happy 4th of July to you and yours, and don’t eat too much BBQ.
James Gage
Happy 4th of July to you and yours, and don’t eat too much BBQ.
James Gage
Thursday, June 17, 2010
Breaking Real Estate Investing News
Hello All:
James Gage here with some breaking real estate investing news:
The US Government reports that according to their latest stats on loan modifications, 75% of modified home loans will re-default within 6 months after modification.
Get read for the 3rd wave of foreclosures I have been predicting for the last 8 months. Of course, this means $$$ for those of us that know how to take advantage (in a moral and ethical way of coarse) of this situation.
For more information on how you can benefit Click Here.
Be well.
James Gage
James Gage here with some breaking real estate investing news:
The US Government reports that according to their latest stats on loan modifications, 75% of modified home loans will re-default within 6 months after modification.
Get read for the 3rd wave of foreclosures I have been predicting for the last 8 months. Of course, this means $$$ for those of us that know how to take advantage (in a moral and ethical way of coarse) of this situation.
For more information on how you can benefit Click Here.
Be well.
James Gage
Friday, June 4, 2010
Real Estate Investing: Should You Buy Title Insurance?
Hello All:
Just a quick post to answer a question I received today. The question: " Should I but title insurance both when buying and selling a property?" You should always buy title insurance on all transactions! You should never just rely on research done by the title company, they are human and can miss something and report the title clean, and when you get ready to sell something from previous owners pops up. If you don't have that insurance -YOU are on the hook! Believe me it happens; it happened to me with the first house I purchased.
So don't forget to buy that insurance, you will be glad you did.
Be well.
James Gage
www.JGage.com
Just a quick post to answer a question I received today. The question: " Should I but title insurance both when buying and selling a property?" You should always buy title insurance on all transactions! You should never just rely on research done by the title company, they are human and can miss something and report the title clean, and when you get ready to sell something from previous owners pops up. If you don't have that insurance -YOU are on the hook! Believe me it happens; it happened to me with the first house I purchased.
So don't forget to buy that insurance, you will be glad you did.
Be well.
James Gage
www.JGage.com
Friday, April 30, 2010
Real Estate Investing: Lease Options - Find the Seller’s Sticking Point
As part of my lease option training I teach my students that when you are negotiating with a seller on a lease option deal you’ll find that all sellers have a sticking point. Lease option sellers will have something that means more to them than anything else. Find out what this is so that you can structure a deal that makes them happy while simultaneously meeting your requirements for profitability.
For instance, the price of the home may be more important to some lease option sellers than when they receive it - this can allow you to structure a longer term lease option deal.
Other lease option sellers might want a very specific monthly payment to cover their mortgage nut, but their overall price is negotiable.
Work with each seller to understand what makes them tick, so that you can tailor your lease option offer to suit them best.
More tips at : www.JGage.com
For instance, the price of the home may be more important to some lease option sellers than when they receive it - this can allow you to structure a longer term lease option deal.
Other lease option sellers might want a very specific monthly payment to cover their mortgage nut, but their overall price is negotiable.
Work with each seller to understand what makes them tick, so that you can tailor your lease option offer to suit them best.
More tips at : www.JGage.com
Tuesday, April 27, 2010
Real Estate Investing: Real Estate Reminder
Hello All:
Just a quick reminder for those who are trying to sell a property. The first time home buyers credit of $8,000 will end this month! So that being said all contracts must be executed by April 30, 2010, and closing must happen prior to July1, 2010.
Also, the $6,500 Move-Up / Repeat Home Buyer Tax Credit will expire on April 30, 2010 as well.
Good luck and happy investing.
James Gage
Just a quick reminder for those who are trying to sell a property. The first time home buyers credit of $8,000 will end this month! So that being said all contracts must be executed by April 30, 2010, and closing must happen prior to July1, 2010.
Also, the $6,500 Move-Up / Repeat Home Buyer Tax Credit will expire on April 30, 2010 as well.
Good luck and happy investing.
James Gage
Subscribe to:
Posts (Atom)