Heroic Investing

Zombie Properties:  Coming to a Neighborhood Near You?

Zombie Properties: Coming to a Neighborhood Near You?

Everyone knows about the shadow inventory of foreclosed houses. But how about the zombie inventory? That’s the term coined by a January 2013 Reuters report on homes abandoned by their owners after receiving a notice of foreclosure from their bank. But here’s the catch: in these cases the banks never...

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Big Banks Still Fight Fraud Charges

Big Banks Still Fight Fraud Charges

The big players in the post- meltdown mortgage fraud scandal continue to behave badly in spite of settlements, suite and legislation. And as legal actions set in motion years ago work their way through the courts, the nation’s large mortgage lenders continue to fight allegations of fraud and duplicity...

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Women: the Hidden Rental Market

Women: the Hidden Rental Market

A number of shifts in the US economic landscape over the past few years has created a surging market for rental housing, driving up both demand and rents in many areas around the country. Industry experts cite factors such as the housing collapse of 2008 along with shaky financial conditions as the primary...

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Can Demographic Shifts Create a Housing Crisis?

Can Demographic Shifts Create a Housing Crisis?

As the US housing market struggles its way out of the last major housing collapse, some researchers are eyeing changing conditions in American culture that could be paving the way for the next great housing crisis,. These new concerns center on the looming sell-off of large suburban homes as owners retire...

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The Right Software Helps Manage Investments

The Right Software Helps Manage Investments

Becoming an investing entrepreneur means wearing many hats. Even if an investor outsources aspects of the job to property managers, contractors or other assistants, the final decisions rest with that landlord/investor who’s now in the business of creating wealth. The essentials of managing rental real...

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More Shadows May Fall on the Housing Recovery

More Shadows May Fall on the Housing Recovery

By now, the “shadow inventory” of foreclosed homes is a familiar topic in housing industry and real estate news. But new reports on the current state of the housing comeback suggest that another shadow looms behind the improving numbers for home sales and starts: a “shadow demand” for homes to...

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Is the FHFA Creating a Foreclosure Crisis?

Is the FHFA Creating a Foreclosure Crisis?

There’s a move afoot in some states to get rid of Edward De Marco, currently acting head of the Federal Housing Finance Agency, or FHFA – the oversight agency for mortgage giants Fannie Mae and Freddie Mac. The reason, say housing experts, has to do with FHFA policies that threaten to create even...

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Investing in Memphis: The Spring Bus Tour and Real Estate Event

Investing in Memphis: The Spring Bus Tour and Real Estate Event

When interest rates are historically low, home prices are too, and tenant rents are high, doors open for investors to build a long-term cash flow from income properties. Current conditions in the Memphis housing market fit that profile to a T – and this April Jason Hartman is helping investors take...

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Fannie Mae and Freddie Mac: Streamlining Improves Mortgage Lending

Fannie Mae and Freddie Mac: Streamlining Improves Mortgage Lending

They’re such a part pf the housing industry landscape that everyone knows their nicknames better than the official titles: Fannie Mae and Freddie Mac. Combined owners of over half the mortgages in the US, the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation have...

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The “Strategic Default”: No Barrier to Homebuying

The “Strategic Default”: No Barrier to Homebuying

After the housing collapse that forced millions of homeowners into mortgage defaults, industry experts predicted that they would become perpetual renters, too damaged to ever qualify for another home loan. But according to a recent CNBC article, a certain kind of homeowner – the “strategic defaulter”...

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