How gifting real estate into a trust can set up your retirement Question: Wow! Do I wish I could talk to that family (in your April 3 column)! I just assisted a couple with a charitable remainder trust that saved all the capital gains on a $1.2 million dollar home, gave them $600,000 in cash …
Category Archives: Investment Tips
Brokers on the fringe: Ex-convicts find niche – 07/21/2008 – MiamiHerald.com
Brokers on the fringe: Ex-convicts find niche Gary Kafka, former body builder with a long rap sheet and violent past, wrote millions of dollars in mortgages in South Florida without ever applying for a state license. Fresh out of prison after serving time for bank fraud, he never went through a criminal background check before …
Continue reading “Brokers on the fringe: Ex-convicts find niche – 07/21/2008 – MiamiHerald.com”
Glut in housing, lack of tenants mean better deals | news-press.com | The News-Press
Glut in housing, lack of tenants mean better deals It’s a good time to look for an apartment. Lee County landlords have begun slashing rents and using other incentives to boost sagging occupancy rates brought on by a limp economy. “It’s a smorgasbord of concessions,” said David Malt, broker for Malt Realty, a Fort Myers-based …
Investors Hunt For Bank-Owned Property Bargains In Packs
Investors Hunt For Bank-Owned Property Bargains In Packs One man’s castle is another’s commodity. Investors, alone and in groups, are negotiating volume deals to buy bank-owned homes and defaulted first mortgages at deep discounts. It’s a new twist in an upside-down real estate market. Forget negotiating with a bank for one repossessed house — too …
Continue reading “Investors Hunt For Bank-Owned Property Bargains In Packs”
This Real-Estate Rout May Be Short-Lived
Bottom’s Up: This Real-Estate Rout May Be Short-Lived A few years ago, an acquaintance sent Wellesley College economist Karl “Chip” Case a T-shirt depicting a cartoon of a smiley-face house surrounded by soap bubbles, called “Mr. Housing Bubble.” But it was the words captured in a comic-book cloud on the shirt that gave this otherwise …
Condo buyers struggling for closure amid credit squeeze
Condo buyers struggling for closure amid credit squeeze Ronald Cowan thought he’d be living the high life in Las Vegas, rubbing elbows with sports stars and celebrities who frequent hip places like ghostbar, Rain, Playboy Club and the Pearl concert hall at the Palms. Cowan plunked down $132,000 for a deposit at Palms Place, the …
Continue reading “Condo buyers struggling for closure amid credit squeeze”