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Home > Blog > Archive by category 'Real Estate'

February 5, 2010 at 12:18 pm

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This might seem a bit off-topic for this blog, but if you are in real estate or any other business, you have likely run into this issue. Clients, agents, and tenants send me documents all the time that are for software I don’t have. Openoffice is a good (and free option) to handle that problem, but there is also a free file convertor online that I have been using a lot lately: Zamzar. Read more

January 21, 2010 at 1:33 pm

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If you have ever purchased a market-rate or foreclosure property for a quick fix and flip, there is a good chance that you have run into problems with FHA financing. Until now, FHA would not insure any financing on a property that had already sold within the last 90 days. Read more

January 20, 2010 at 1:40 pm

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It’s been far too long since I have relayed my thoughts on the state of the investment real estate market, so in the spirit of the season, here is a quick rundown of my current investment market impressions in South St. Louis, Missouri Read more

October 2, 2009 at 10:18 pm

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The following tables display all the multi-family properties sold in the City of St. Louis south of Delmar, from September 1st to September 30th, 2009. The properties are broken down by number of units.

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July 30, 2009 at 10:04 am

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I always get a kick out of the fact that everybody and their brother is talking about short sales these days. I don’t doubt that you can find some great deals out there via the short-sale route, but for most people that are just waste of time. Read more

April 9, 2009 at 5:28 pm

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If you are involved in the real estate industry in any shape or form in the St. Louis area, there is a good chance you have heard of DHP Investments, and Doug Hartmann. If you’re a real estate investor there is also a good chance you were swindled by him or might have have purchased one his many foreclosed properties. Read more

April 8, 2009 at 4:50 pm

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I’m certainly no stranger to visiting shady buildings. I have been going into vacant houses all over the area for years. Mostly by myself. I understand the risk and accept it. But that doesn’t mean that property owners and their real estate agents don’t have some level of responsiblity in making sure the property is safe. Read more

April 1, 2009 at 11:14 am

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I was hoping to have a little more notice, but my interview with St. Louis NPR affiliate KWMU on foreclosures is airing today. Read more

March 4, 2009 at 7:02 pm

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We’ve all been there before: you’ve got an electronic document you need read, but don’t have the software to open the file. Whatever do you do? Read more

March 3, 2009 at 6:44 pm

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When buying a foreclosure, like all other properties, you need to set a closing date for every contract. When setting this timetable you need to consider what kind of affect the proposed dates will have on your offer. Read more

February 20, 2009 at 7:32 pm

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When buying a foreclosure property, the terms of the contract are undoubtedly the most significant factor in making or breaking a deal. However, there are other intangible factors at play as well. The most important of which is probably communication with the seller and listing agent. Read more

February 10, 2009 at 6:55 pm

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When it comes to making an offer on a foreclosure property, many investors often get caught up in the “How low can you go?” mentality. Since banks can more easily absorb a loss on a property, you might be tempted to do nothing but lowball. At times this is the appropriate mentality, but don’t throw away your common sense. Read more

February 6, 2009 at 10:35 pm

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If you’re a veteran foreclosure buyer, this one is probably obvious., but a little refresher never hurts. When making an offer on a property, do all you can to limit the number and length of your contingencies.  Read more

January 30, 2009 at 2:26 pm

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Being creative with earnest money in real estate transactions is one of the most commonly overlooked negotiation points in a contract. Especially for foreclosures, with their battle-weary bank-owners trying to cover their butts. They want assurances. Read more

January 26, 2009 at 4:48 pm

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It’s no secret that many of the best investment properties on the market nowadays are foreclosures.  But the the foreclosure market plays by different rules than the rest of the market. It is often fast-paced and unforgiving. Read more