You won’t believe this

Next mess:

Hedge fund are creating the first security that would be backed by home-rental payments.

The bonds would work similarly to mortgage-backed securities – only the flow of investor returns wouldn’t come from monthly mortgage payments, but rather income from rents of thousands of tenants living in formerly foreclosed properties. Sale of such bonds could help investors, such as Waypoint, repay their lenders and raise funds to buy up more foreclosed houses, helping the broader housing market absorb the inventory of vacant homes.

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Foreigners think our real estate is cheap

America is on sale so money is flowing into our real estate market. In addition, exchange rates favor them.  We are considered a safe haven. Usually its just treasuries but with the low interest rate  being paid by treasuries, real estate is a real bargain.

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Favorite Are you serious about making MILLIONS!

There are many lessons about real estate investing you simply cannot learn from any book, tape series or seminar. For example, conditions are changing so rapidly here in Southern California that a book or tape series is outdated almost as soon as it is produced …

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