Another one million previously underwater homes are now above the water line. ATTOM Data Solutions released its 2016 Year End Home Equity and Underwater Report that shows just 5.4 million properties are still seriously underwater. Learn more in this episode of the Real Estate News Podcast. Listen or read now.
New & Noteworthy
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Federal regulators are slapping a California-based lender with a $3.5 million dollar fine for what they call an illegal kickback scheme. They also ordered two brokers and a mortgage servicing company to pay almost a half million dollars in fines for accepting those kickbacks in exchange for illegal referrals.
More and more investors are fleeing the volatile stock market in search of safety, which they find in hard assets like real estate. But many wish to remain passive investors, and don't want to be knocking on doors to find foreclosures or fixing toilets as a landlord. So they Google around for passive real estate. And often then fall victim to online advertisers who market quote unquote "turnkey rental property." But what does that really mean? Learn more in this article.
Members, Video, Webinar
Are you a “stock market refugee?” New to real estate? If so, welcome! You are not alone. We recognize that the learning process can be overwhelming for our new members, which is why we hosted this New Member Orientation webinar. Watch the replay now.
A new real estate sales model appears to be suddenly mushrooming into existence. There are now at least three start-ups that will buy homes from people who want to sell immediately, including newcomer Knock...
President Trump is in the process of selecting a number of government leaders for important positions in his new administration. The Federal Trade Commission alone currently has three empty seats to fill. How might Trump’s picks for those positions affect us real estate investors?
This may be the year that billions of dollars in commercial mortgages go belly up. These loans were financed in 2007 and are maturing this year. That means some commercial property owners will be faced with huge balloon payments and for some, a major headache to pay them off...
Members, Video, Webinar
In this webinar you'll meet one of our members’ favorite R.E.A.L. Turnkey Property Teams from Cincinnati, Ohio, one of today’s most exciting markets.
Sure, the area may not be exciting or sexy, but the cash flow has people raving about it over and over again. AND for the first time in Ohio’s history, property values are increasing as well!
During this recording from January's live event Rich Fettke, Real Wealth Network’s Co-Founder and Co-CEO shares the year-end completion process he’s been teaching Real Wealth Network members for the last 11 years. Watch now.