Helpfulinvesting.com

Helpful investing was formed in February 2007 to invest in cash flowing rental properties that require renovation. After building a portfolio with over a dozen rental properties, an opportunity presented itself with the failure of the mortgage market and influx of financially distressed properties. These distressed properties, specifically in the Greater Capitol Heights area, yielded low acquisition, moderate to high renovation, with substantial return on investment. At this point it was necessary to alter our business model as we targeted properties that can be acquired at 60% or below of the current fair market value after repairs. The resale value of the properties after repair ranges from $200,000 to $300,000, the ideal price point for first and second time homebuyers…Read more

RISMEDIA, July 6, 2010—Following a surge driven by the home buyer tax credit, pending home sales fell with the expiration of the deadline for qualified buyers to sign a purchase contract, according to the National Association of Realtors.

The Pending Home Sales Index, a forward-looking indicator, dropped 30% to 77.6 based on contracts signed in May 2010 from a reading of 110.9 in April, and is 15.9% below May 2009 when it was 92.3. The falloff comes on the heels…

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