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Why "A" Students Work for "C" Students

May 13, 2013 by Marco Santarelli

Why “A” Students Work for “C” StudentsAs a member of our Investor Network, you know that I am a big fan of Robert Kiyosaki's message and mission.

Robert is the best selling financial author in the history of the world.  And now he's released what he claims to be “the most important book I've ever written.“

The world's educational system is mass producing job seekers. But sadly, it isn't producing job creators. So it's no surprise there aren't enough jobs to go around.

Politicians may pander and point fingers, but the root cause of the problem needs to be identified and fixed.  That's what Robert is doing is this new book and you can be a part of the solution.

[Read more…]

Filed Under: Economy, Real Estate Investing Tagged With: Financial Education, Real Estate Investing, Rich Dad Poor Dad, Robert Kiyosaki

Real Estate Investing with a Solo 401(k)

May 13, 2013 by Marco Santarelli

The self-directed Solo 401k retirement plan offers powerful advantages for real estate investing. The Individual k or Solo 401k is an IRS-qualified retirement plan that has been simplified for the self-employed and small business owner. The structure of the plan gives participants more options than a traditional 401k. The Solo 401k’s investment capability, direct access, loan feature, and tax benefits make it the perfect vehicle for investing in real estate.

[Read more…]

Filed Under: Real Estate Investing, Taxes Tagged With: Real Estate Investing, Retirement Accounts, Solo 401(k)

How the FICO Do I Repair My Credit?  [Infographic]

May 2, 2013 by Marco Santarelli

What is a FICO Score? Most credit bureau scores in the U.S. are calculated from software developed by Fair Isaac and Company. They are commonly referred to as FICO scores and include a rating based on information found in credit reports.

If you're planning to finance the purchase of any investment properties now or in the future, then knowing what make up your credit score and how to improve it are critical.
[Read more…]

Filed Under: Financing, Real Estate Investing Tagged With: credit repair, FICO, Financing, Real Estate Investing

One-Year Rent Guarantee – Too Good to be True?

May 2, 2013 by Marco Santarelli

Earlier this year Norada Real Estate added a One-Year Rent Guarantee as part of every investment property purchased through their network. The response by investors has been very positive and overwhelming.

A few people made the comment that it sounded, “too good to be true”. In response to those comments, I present the following excerpt from an interview conducted with Robert T. – a landlord with several properties. Rob's properties are protected by the same policy we provide all our investors. Shortly after his policy was placed, he experienced a vacancy and filed a claim. The following is an excerpt of an interview conducted with Rob in February, 2013.

[Read more…]

Filed Under: Property Management, Real Estate Investing, Real Estate Investments Tagged With: Property Management, Real Estate Investing, Rent Guarantee

U.S. Population Shifts

April 20, 2013 by Marco Santarelli

People were on the move in 2012 and apparently the most popular place for them to move to was Pittsburgh, PA., according to the 2012 Top US Growth Cities Report recently released by U-Haul International.  The Steel City topped the list of 30 metro areas selected with a 9.04% population growth, based on data collected by U-Haul from over 1.6 million one-way truck rentals during a recent 12 month period.

The cities chosen for the list had more than 5,000 families moving in or out of the area during that time.   “Growth cities were then determined by calculating the percentage of inbound moves vs. outbound moves for each area,” said John Taylor, president of U-Haul International, Inc.   Other cities in the U-Haul top 10 included:
[Read more…]

Filed Under: Economy, Growth Markets, Housing Market, Real Estate Investing Tagged With: Economy, Growth Markets, Housing Market, Migration, Population Shifts, Real Estate Investing

Tennessee Foreclosures Down

April 18, 2013 by Marco Santarelli

In Shelby County, there were 1,030 total foreclosures in the first quarter this year, according to real estate information company Chandler Reports.  That’s down from 1,252 foreclosures during the same period in 2012 – a drop of 17%.  Pull back one year before that, though, and the number of foreclosures had spiked to 1,235 in the first quarter of 2012 compared to 964 in the first quarter of 2011. At this time last year, in other words, the area was in the midst of a 30% gain in foreclosures.  Pointing to the recent drop, some local brokers and Realtors say a combination of forces is at work. There’s been a small improvement in the economy, which helps. Banks also are increasingly pursuing workouts, loan modifications and short sales.

[Read more…]

Filed Under: Growth Markets, Housing Market, Real Estate Investing Tagged With: Foreclosures, Growth Markets, Housing Market, Memphis, Real Estate Investing, Tennessee

Phoenix is Facing a Housing Shortage

April 15, 2013 by Marco Santarelli

A Phoenix home with 95 bids is just one example of a housing market entering a new and unprecedented phase.  Experts at Arizona State University School of Business say Phoenix is headed for a major housing shortage.

Long gone are the days when Phoenix was riddled with available, well-built single-family homes in the wake of the 2008 housing market bust.

Five years after the crash, the desert metro is facing lagging home construction, predictions of population growth and rising land prices, according to real estate experts with ASU.

The end result could be a significant housing shortage in the near future, experts contend.

[Read more…]

Filed Under: Growth Markets, Housing Market, Real Estate Investing Tagged With: Growth Markets, Housing Market, housing shortage, Investment Property, Phoenix, Priority List, Real Estate Investing

Why the "Buy & Hold" Strategy is Best

April 8, 2013 by Marco Santarelli

The Buy and Hold methodology, as it is applicable to property, is and always has been the cause for making more millionaires than any other method.  The main reason is really because it lets you develop equity through appreciation over a period of time.  There are numerous short-term techniques like lease-options, wholesaling, and flipping that can create some cash, but in no way will it improve your long-term net worth.

[Read more…]

Filed Under: Real Estate Investing Tagged With: Building Wealth, buy and hold, Buy and Hold Strategy, Inflation Hedge, Perennial, Podcast, Real Estate Investing

Why It's Still Hard To Get A Mortgage

April 4, 2013 by Marco Santarelli

The housing market may be coming back, but a growing number of policy makers have expressed concerns recently that it’s still too hard to get a mortgage.

Federal Reserve governor Elizabeth Duke outlined some of these concerns and their causes in a speech last month. She was quick to note — as is anyone else who has sounded similar alarms — that she doesn’t want the market to return to the go-go days of 2005 or 2006 when anyone who could fog a mirror could get a loan. “But I also don’t think it would be a good idea to go back to the quite restrictive credit conditions of the early 1980s,” she said in the speech to mortgage bankers.

[Read more…]

Filed Under: Financing, Real Estate Investing Tagged With: Financing, Mortgage Loans, Real Estate Investing

Real Estate Market Trends for 2013

March 26, 2013 by Marco Santarelli

The first quarter of 2013 is almost over and so far, a few trends have emerged in real estate.  These trends are not set in stone, nor can we be sure that they will continue on the same trajectories throughout the rest of the year.  As with any other major part of the economy, much of real estate depends on external factors such as employment, interest rates, and general economic conditions.

With that being said, the first quarter of 2013 has established a few trends in the national market that extend into regional and local markets and could point to broader movement throughout the rest of the year.

[Read more…]

Filed Under: Economy, Housing Market, Real Estate Investing Tagged With: Housing Market, Real Estate Investing, Real Estate Market, Real Estate Market Trends, Real Estate Trends

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  • Best Cities to Buy a House For Rental Income in 2026
    August 17, 2026Marco Santarelli
  • Today’s Mortgage Rates, August 17: Purchase Rates Beat Refinancing Across the Board
    August 17, 2026Marco Santarelli
  • Mortgage Rates Today, August 17, 2026: 30-Year Refinance Rate Drops by 10 Basis Points
    August 17, 2026Marco Santarelli

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