Jeff Tumbarello's (jefftumbarello) Blog

Enjoy the days - make of them what is allowed, play as hard as you work, don't forget to DO WHAT YOU WANT TO before it's too late even if you could later do it. Old folks who have money and no memories are pretty boring company, so that should NEVER be a goal. Who I am doesn't matter - it's who w...

.50 percent rate cut, what did we get?Inquiring minds might be wondering what's changed since the 50 basis point cut by the Fed. List of What's Changed Perception has changed. Any perception of the Fed as being concerned about inflation went out the window. Any perception of the Fed as being conc...

After Greenspan joined Al Jazeera in his "it's about the OIL" statement, I just HAD to find out what might drive such a statement after complete SILENCE while the effort got underway... Now, some linkage has to be utilized for this "conspiracy", but here goes: Snippets from Wikipedia, but there a...

With Liquidity gone from the mortgage market, we will have to use our minds to get deals done, I ofer a little morsel below to start the thinkingSeller financing can refer to one of two things:The seller can act as a bank and rather than receiving all or a portion of their equity at close, they c...

 ore and more we are welding into one world, the economy is now seamless, a problem in India effects the market hereLook at whats goin on in Ireland.Current situation Completed surveys and auction results have indicated that the rate of increase of house prices has dropped significantly since Aug...

 have spent a lot of money going to classes, buying books and suchjust looked it up on wickipediashould have just went there first, lolReal estate investing involves the purchase of real estate for profit. Profits are accumulated slowly by renting out properties in a cashflow method, or are gener...

I have a few shortsales going, one looks like its in the bag. To be honest at the end of one of these you feel like you just gave birth to an accountant. Very time consuming, better off finding better data=better leads like say any house purchased before 2003, and work those deals. The REO's seem...

this was a sign of the times some really smart people who know better, did it anyways, i have a dear friend who lived in "Grahamsville"* RE wise, for some reson ventured from the path. till that his assets were outstanding, now he may lose it all Due your homework like your life depends on it for...

Thursday's bond market has opened in positive territory following weaker than expected economic news. None of this morning's data was considered to be highly important, so the reaction has been muted. The stock markets are nearly unchanged with the Dow up 2 points and the Nasdaq up 5 points. The ...

Midwest/Upper MW - OLD hillside 'hoods outside eroded mining towns & Industrial-based Cities, eco-freaks buying them up or leasing from others where buying isn't yet suitable. Resale after faux-rehab (paint/faucets/sanded wood flooring/spa/bay windows) makes their eyes light up and the checkbooks...