I own a rental property and I was over there all day today making some emergency repairs. I got into RE investing a few years ago and still look for deals but not as actively as I have before. The reason is that I’ve transitioned back to trading, this time Forex, because of [...]
Jeff, a long time reader, emailed me at my old dbreakfast account a few weeks ago. I rarely check that account anymore so I almost deleted all the spam and his email along with it when I saw it. Jeff wanted to know what my take was on Gold and Real Estate market. [...]
If Captain Kirk was a hedge fund manager, Scotty would’ve been a neural net/quant guy. For all the budding financial neural net modelers out there, always consider using a 10 or 30 year t-note yield as part of your model input (unless you prove that they don’t drive the output), because 8 times out [...]
Sherry posted an excerpt from an article she read in my “Real Estate Will Get Worse” post. The author of the article, Jackie Corr, points out an interesting leveraged strategy that is very plausible why hedge funds have been posting out of control losses recently.
If you buy a stock for [...]
I used to flip foreclosure properties leading up to the height of the RE bubble. It was tough work finding these properties, marketing to them, and then screening the potential sellers. Since I didn’t have the capital to buy the properties myself, for cash, I had to get an investor involved and made [...]
Mr. Gross makes a good point, will the Bush Administration bail out the ailing homeowner or will they tell them to “go eat cake?”
Why is it possible to rescue corrupt S&L buccaneers in the early 1990s and provide guidance to levered Wall Street investment bankers during the 1998 LTCM crisis, yet throw 2,000,000 homeowners [...]
