Real Estate Radio USA Episode 28
December 18, 2007
Barry Johnson…
The new national promotion, www.ReinstateMyMortgage.com has launched and we are getting a TON of positive emails about the program and I want to thank you all for your support! Keep it coming.
Tonight we talked about some news, but the real focus was on generating wealth in rental properties and Virtual Real Estate Investing. You are going to be hearing alot more about this in 2008 so get ready. We use Capitalization Rates to decide what kind of return we are looking for on long term investment properties. To understand what we will be continuing to talk about, you will need to learn this formula by heart:
Net Operating Income/Purchase Price = Cap Rate (%)
Here are the links to the articles we talked about on today’s show:
- Canadians Cash In On U.S. Housing Slump
- Bargain houses largely unsold
- Fed Unveils Home Mortgage Proposal
- More seeking U.S. rent subsidy
- Emaciated sales leave area real estate agents hungry for business
Barry Cunningham…








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