Friday I received the rent payment for Condo #1.  I mentioned in my post last week that this was the first payment where the rental increase was due.  I received the full rent plus the late charge.   We'll see if September's rent comes in on time.  Hopefully the payments will now roll through […]

    Last night the family and i went to see Wicked: The Untold Story of the Witches of Oz.  The family and I like to go see at least one show per year.  This can be a musical, ballet, etc.  This year's show tickets were a birthday present to my better half.  I'll admit to […]

Life: 
    Sorry I've been away for so long.  My full time career has been getting in the way of my blogging.  We're up for another re-compete of many positions we have filled around the United States and I've been working on seeing how they are going and writing proposals as needed.  I pulled an all-niter […]

    Countrywide Financial tapped into an $11.5 billion line of credit Thursday to “weather the storm” and address its looming liquidity crunch.  Countrywide Financial is the #1 writer of mortgage loans in the United States.  
    During the period that Countrywide was securing it's $11.5 billion in financing the Chairman and CEO, Angelo Mozilo, cashed […]

Time for a little humor for the day.  Below are pictures that show your house as seen by different people in the purchasing process.
 
How you see your house:
 
 
How your buyer sees your house:
  
 
 
How your lender sees your house: 
 
 
 
How your appraiser sees your house: 
 
 
 
How the tax assessor sees your house: 
 

    Marketing your rental property to the right people is key when you have a vacancy.  Simply put, a vacant unit equates directly to lost profit.  Targeted marketing for your rental unit is something most landlords don't think about when advertising their property.  Consider the advertising process your first chance to properly screen the potential […]

    “It is with great sadness that American Home has had to take this action which involves so many dedicated employees,” Chief Executive Michael Strauss said in a statement.
    Those words echo true for the nearly 7,000 employees that will be laid off today from American Home Mortgage.  AHM has been rocked by creditors who […]

    Many people are poo-pooing the mortgage fallout.  Everyone is concentrating on the effects of these subprime loans and how the rate reset will affect scores of people.  You can see my personal feeling on the matter in this post.  Barring that, I am not here to discuss the issue of the mortgage fallout and […]

    I was perusing my normal list of blogs today and noticed something funny.  It seemed that there were a peculiar amount of new blogs started touting how someone just sold their home and were thanking such and such company for help.  These posts were all new and all written in a similar style.  I […]

    When the tenant initially signed the lease last month he was planning on moving in on 8/1/07.   After signing the lease and giving the deposit he called back asking if he could move in earlier.  Since he gave me the deposit as a cashiers check and he and I use the same bank I […]