Foreclosures Rates Highest in Illinois, New Jersey and Ohio By ATTOM Staff ATTOM, a leading curator of real estate data nationwide for land and property data, released its Midyear 2022 U.S. Foreclosure Market Report, which shows there were a total of 164,581 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — in the first six months of 2022. That figure is up 153% from the
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From “Dirt Poor” to Successful Real Estate Investor By Carole VanSickle Ellis When Dana Nutt moved to Afton, Michigan, at the age of 6, he got his first experience in rehabbing real estate. “We lived in a one-room schoolhouse with an outhouse,” he explained. “But we just kept cleaning and sanding and improving whenever we could.” The family made the best of the situation, and Nutt spent hours with his
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How a Serial Entrepreneur Became a Real Estate Success A successful entrepreneur with deep experience in start-ups, as well as in executive and financial management, Derek Cook has always been open to new business opportunities. His various ventures have included mortgage lending, restaurants, automobiles, and even the ATM industry. But his most recent successes involve those in the real estate investment industry. A native Floridian, Cook got his first taste
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Expanding Your Rental Pool and Decreasing Turn Time By Kori Covrigaru In any industry and in any economic climate, strategic marketing is key. This is especially true in the real estate industry, specifically with regards to marketing rental properties. With tens of thousands of rental properties on the market at any one time, and small investors competing with larger-scale investors, making a property stand out above the rest requires a
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Why Providers with Local Expertise and Industrial Scale are Thriving in 2022 By Brian Edwards America’s household formation has been experiencing a seismic shift accelerated by the pandemic as the nation’s population began to “de-urbanize” by looking to migrate away from densely populated cities into less populated suburban areas throughout the Southern and Western states. The effects from the pandemic fueled this migration by mobilizing a large segment of the population
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The Profit Potential Is Worth Exploring By Angela Healy Flipping a home — or the process of renovating a home and reselling for a profit is nothing new for real estate investors. When considering home flipping, the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) Method is often followed. Beyond this strategy, the most successful real estate investors know that profitable property investments are intentional and have a vision for the future.
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