Heroic Investing

The Paula Deen Crash: Lessons for Investors?

The Paula Deen Crash: Lessons for Investors?

Celebrity chef Paula Deen’s very public fall from grace has hit the news in many ways. From outrage among foodies to concerns about the financial fallout as company after company has dumped her, the collapse of Deen’s empire has rippled throughout the economy. Although this southern lady with the...

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The Bitcoin Baby and the Dark Side of  Digital Currency

The Bitcoin Baby and the Dark Side of Digital Currency

The rise of the Bitcoin has the financial world alternately cheering and groaning. Though at first the creation of a wholly digital currency seemed little more than an online novelty, the Bitcoin has spread its wings in ways both bad and good. The birth of the first Bitcoin baby and the appearance of...

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Online Sales Boost the Housing Recovery

Online Sales Boost the Housing Recovery

Last year, over two-thirds of homebuyers in a recent survey said they used social media in the purchasing process. More than that, the Internet has become a thriving home for real estate purchases of all kinds. Although online real estate transactions can be risky, online tools and sites are changing...

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Why Holding Beats Flipping in Real Estate

Why Holding Beats Flipping in Real Estate

“You got to know when to hold ‘em, know when to fold ;em,” sang Kenny Rogers in the hit song “The Gambler.” That’s good advice in real estate as well as in poker. And in real estate, as Jason Hartman says, it’s the best advice most of the time. House flipping doesn’t build long-term wealth,...

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Put Down 20 Percent? Not in Today’s Market

Put Down 20 Percent? Not in Today’s Market

Conventional real estate wisdom has it that most home purchases require a down payment of a least 20 percent of the purchase price. That’s a number that may be keeping some potential homebuyers out of the market while they scrape together the required amount. What’s more, in this period –soon to...

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The Fed Winds Down the Bond Buyup: So What?

The Fed Winds Down the Bond Buyup: So What?

After months of maybe yes, maybe no, the Federal Reserve has made it official: its large-scale buyup of mortgage backed securities and other commodities is coming to an end. And while that won’t happen until 2014, the news has sent shock waves through markets around the world. Although the program...

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Are Tenants Worth the Risk?

Are Tenants Worth the Risk?

Can a vacant property be worth more than one that’s rented? Although the “income” in income property investing typically comes from rents paid consistently by tenants, landlord/investors frustrated by tenant problems may find that it’s a smarter strategy to leave a property vacant over time....

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5 Red Flags for Mortgage Fraud

5 Red Flags for Mortgage Fraud

Despite the lawsuits and regulation that followed the housing collapse in 2008, some of the nation's biggest mortgage lenders – and even some smaller ones – are still using a variety of fraudulent practices to put more money into their corporate pockets. Now, yet another suit filed against Bank of...

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More Fraudulent Foreclosures From Bank of America

More Fraudulent Foreclosures From Bank of America

Ever since it was created back in 20078 to help homeowners avoid foreclosures, the government’s Home Affordable Mortgage Program, or HAMP, has fallen far short of its goals. Because that’s so, large numbers of preventable foreclosures have hit the market in some areas, skewing assessments of the...

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Disasters Threaten Investments –From Space?

Disasters Threaten Investments –From Space?

The recent spate of natural disasters – superstorms, tornadoes, earthquakes and floods – has homeowners and property investors throughout the country checking their insurance policies and talking to their lenders about how to recover. But, as recent news reminds us, the biggest threat to the economy...

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