Real Estate
« Previous Entries Next Entries »New Real Estate Grants for New York State
Friday, June 20th, 2008In New York, Governor David Paterson has announced $742 million in new grants and financing to build and renovate housing throughout the state. The money will finance construction of new units, as well as acquisition and rehab of existing housing. Much of the money is earmarked for New York City and Long Island, but funding [...]
Tapping Into Genius
Monday, June 16th, 2008Because we specialize in information about real estate grants, many of my readers are real estate investors and aspiring real estate investors. Over the years, we’ve hosted a number of teleconferences with people who had great ideas and products for real estate investors, but it’s never been a formal program.
Recently, we decided to spend some time seriously [...]
When the Government Pays the Rent
Monday, June 9th, 2008Los Angeles, California, is home to some of the most expensive real estate on the planet. It’s almost impossible to find a run-down two bedroom house for sale under $350,000, and a modest three bedroom, two bath in good condition runs $500,000 and up (way up), depending on the neighborhood.
Not surprisingly, with home sale prices [...]
Quite a Shock
Saturday, June 7th, 2008I got quite a shock the other day.
You’ve heard me talk about the apartments I bought and rehabbed 100% with a grant. I owned them for nine years, then when the time was right for me, I sold them.
The buyer assumed my contract with the city, and a couple of years later, I moved to [...]
The Sweet Smell of Oil
Thursday, May 29th, 2008Have you ever driven by an oil or gas well at work, and wondered how much income it generates for the owner of the land on which it’s situated?
It all depends on the productivity of the well, and how much of the mineral rights the property owner
retains. The owner has two potential sources of income: the mineral lease [...]
Use Non-Profits to Maximize Your Access to Grants
Saturday, April 26th, 2008I write a lot about government real estate grants and low-cost loans available to for-profit investors. There are programs available for acquiring properties, rehabbing properties, buying raw land, converting other use properties into residential use, building housing, and more.
However, one of the best and most underutilized ways to maximize your access to real estate grants [...]
How Indianapolis Rescued Its Decaying Inner City Using Grants
Friday, April 25th, 2008The best part of my work is seeing grants transform lives. When they transform whole cities, I really want to tell you about it!
A few years ago Indianapolis, America’s 12th largest city, faced challenges similar to those of many cities around the country. Much of its downtown was dying. Whole neighborhoods were filled with abandoned [...]
The State of Housing in Illinois
Wednesday, April 23rd, 2008In my last post, I suggested that the recipe for success in business is to find out what people need and want, and provide it for them. I cited affordable housing as a critical need for millions of Americans. Here’s a case in point…
According to figures published by Heartland Alliance, more than a third of the citizens [...]
The Recipe for Success in Business
Monday, April 21st, 2008Do you know the one, surefire recipe for success in business? Here it is:
Find out what people need and want, and provide it for them.
At the top of the list of needs and wants for many Americans is an affordable place to live.
According to a recent survey that compared housing costs in 210 American towns [...]
City of Portland Supports Developers
Sunday, February 10th, 2008As part of our continuing series on real estate grants available in cities and towns throughout the United States, we are focusing today on Portland, Oregon.
The City of Portland is serious about ending homelessness, and they are making resources available to investors and developers who are willing to create affordable housing for homeless individuals and [...]