Off and on, I’ve been thinking about buying a rental property but for some strange reason, the idea of Real Estate Investment Trusts (REIT) never crossed my radar. Over the weekend, a conversation with a former coworker sparked my interest in this sector again, and this time, I decided to compare a rental property with […]
With foreclosure rates sky rocketing and no end in sight, banks are much more willing to negotiate with homeowners on the specifics of their mortgages. These days, “loan modification” have almost become an industry by itself as banks allocate more and more resources to work on this. Sparked by all the news surround it, a […]
As you may recall that a few weeks ago, I asked whether I should buy an investment property in this housing market given that I didn’t even own a primary residence yet. There were quite a few very insightful comments left by my readers and first of all, I’d like to thank you for […]
With the housing market in one of the biggest slump in decades, I’m contemplating the possibility of buying an investment property. Those who know me will probably think that I’m nuts because I don’t even own a primary residence but let me explain the reasons why I haven’t bought a house in more detail. Current […]
