Tai DeSa's (taidesa) Blog

My first real parenting decision was made on June 26, 2015.  It was simple, but not easy, particularly since it was a life or death decision.  My newlywed wife Amira was 12 weeks into her pregnancy with our first child.  We were told that day by our doctor that our unborn child had a condition wh...

When it comes to mortgages for distressed borrowers, there are options known as principal extinguishment, principal forgiveness, principal forbearance, and principal reduction.  There are subtle differences involved.Principal extinguishment has been granted by some mortgage lenders, particularly ...

One of the greatest discoveries a man makes, one of his great surprises, is to find he can do what he was afraid he couldn’t do.- Henry Ford What are the risks in buying a short sale?Most short sales involve sellers who are financially struggling.  That typically means the seller cut back on main...

You may not realize it when it happens, but a kick in the teeth may be the best thing in the world for you.- Walt Disney  Why in the world would anyone want to do a short sale?  Why would a seller want to cooperate?  Why would a lender accept less than what is owed?  Why would a buyer want to wai...

What can I do if I don’t qualify for the Mortgage Forgiveness Debt Relief Act?So, what can a person do to avoid being hit with higher taxes after a short sale if the Mortgage Forgiveness Debt Relief Act (MFDRA) does not apply to them?  The MFDRA allowed those who sold their primary residence in a...

This is a great article written by my business partner Merrill Beyer III. Enjoy! Did you miss our most recent  Lehigh Valley Real Estate Investor Group Meeting? No problem!  I have summarized below what I had to say about the opportunities for realizing Hidden Profits. ++++++++++++++++++++++++++...

It was supposed to be a simple transaction.  Invest in property, rent it, and have the tenant pay the mortgage.  The young couple had allocated $52,000 of their savings to buy a detached single family house as their first investment rental property.  The couple's goal was to renovate the house, ...

33 Tips to Attract the Best Tenants and Get Them to Pay You More By Tai A. DeSa, Significa Corporation Good tenants come to you not by accident, but by design.  There are good tenants in every price range and in every neighborhood.  A professional landlord will attract quality tenants.  An unpro...

50 Inexpensive Tips to Dramatically Increase the Value of Your Properties  By Tai A. DeSa, Significa Corporation Professional landlords and investors involved in property flipping should constantly seek to improve their property value while keeping costs low.  Below is a list of 50 tips that we ...

 Benefits of a Short Sale It is important to understand the benefits of a short sale to each of the parties involved.  Why would a seller want to cooperate?  Why would a lender accept less than what is owed?  Why would an investor or homebuyer want to wait for a short sale to be approved?  Why wo...