SGI Staff - Sunday, September 13, 2015
Rules of Thumb: A Short History
The entire concept of 'rules of thumb' is pretty attractive. In our 'bury you in information' world, having some simple ways to make decisions sounds pretty darn good. Quick and dirty tools to help you sort things out. I like it. If you are into that kind of thin...
SGI Staff - Thursday, September 10, 2015
If you don't pay attention to foreign news, here's a summary of some you might be interested in since it impacts us here in the U.S:
- China has grown its economy like CRAZY. Its the 2nd biggest economy in the world (after the U.S.).
- This growth has given a lot of Chinese people a lot of money
- The Chines...
SGI Staff - Tuesday, September 8, 2015
Which direction is real estate headed?
Barry Habib, a long time mortgage industry veteran, rooted in numbers and stats, says things are looking great for real estate. you can see what he said this week: On the other hand, Harry Dent is a trend watcher and demographer with experience in the financial sector. He's written a n...
SGI Staff - Sunday, September 6, 2015
Stock market or real estate? Its a long standing debate in the mind of many Americans. With the recent up and down nature of the stock market, you might wonder if being in stocks is such a good idea. Stock investor Damian Maldonado wondered the same on his post over on TheStreet.com. His big take away: that even if ...
SGI Staff - Thursday, September 3, 2015
2024 seems like a long time from now. Nine years in the future if my math is correct. Then again, think back to 2006...it doesn't seem like that long ago does it? Nine years ago seems like a blink when you stop and think about it.
The Mortgage Ba...
SGI Staff - Wednesday, September 2, 2015
CBS's 60 Minutes did this 12 minute segment on China's 'ghost cities' and the potential Chinese real estate bubble awhile back. Its interesting and worth watching: Watch the video here ...
SGI Staff - Sunday, August 30, 2015
"Everything is deeply intertwingled." Theodor Holm Nelson Intertwingled is a great word to use to attempt to describe how world news impacts mortgage interest rates. If you want to hear the full explanation from a mortgage industry expert of how Greek news impacts mortgage rates, listen to Barry Habib below. The m...
SGI Staff - Wednesday, August 26, 2015
Should you own rental homes in college towns? More specifically, rentals in areas within walking/biking distance of a college or university? I know someone who did this for a year. Here are some true confessions:
Pro's:
The main benefit? Big returns. Why? College areas are the...
SGI Staff - Tuesday, August 25, 2015
So the rent isn't getting paid. And you have decided you've had enough. Time to evict the deadbeat. How much is it really going to cost you? Depends on how you handle it. Worst Case: You get impulsive and it costs you. Dearly. Worst case, you get impulsive, you don't take the time to follo...
SGI Staff - Wednesday, August 19, 2015
Landlordology has a nice overview of some issues to consider if you are considering putting your rental home inside an LLC. Read the article here. From personal experience I will say that triggering the due on sale clause by forming an LLC ...
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