Real Estate

Real Estate News by the Numbers: Week of December 17 – December 23

by Douglas Lazovick | December 24, 2011

A quick rundown of the important real estate news from the week of December 17 – December 23, by the numbers: 1.6% – Increase in new home sales in November from the previous month. 315,000 new homes sold on an annualized basis in November. 14.3% – Revision downward in the number of home sales from 2007-2010 [...]

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Real Estate

Learn from our Deal of the Year

by Michael Zuber | December 22, 2011

Outline of our Deal of the Year The following events occurred over 30 days and shows that solving problems and being creative is more important than having a lot of money. I chose to outline the event chronically as the deal evolved, because it shows how investors can earn large profits by being flexible and [...]

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Real Estate

6 Tips for Keeping Your Business on Track While Working From Home

by Sharon Vornholt | December 19, 2011

One of the hardest parts of running a home business, whether you are a real estate investor or in an entirely different business, is separating your work from your home life, family and friends. I believe this is especially true for women entrepreneurs. It’s very tempting to do a load of laundry, fix dinner or [...]

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Real Estate

Real Estate News by the Numbers: Week of December 10 – December 16

by Douglas Lazovick | December 17, 2011

A quick rundown of the important real estate news from the week of December 10 – December 16, by the numbers: $80 Million – “Shopped” price for a Los Angeles mansion. The six bedroom house was previously owned by Walt Disney’s wife and currently is owned by Gabriel Brener, co-owner of the Houston Dynamo soccer club. [...]

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Real Estate

Keeping Your Nose Clean When Flipping Short Sales

by Ken Corsini | December 14, 2011

Last week I wrote an article about the opportunities in the short sale market; especially with other investors who bought at the peak of the market. With the large number of properties being advertised as short sales on the MLS, it’s become easier than ever for new investors to try their hand at this strategy. [...]

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Real Estate

Real Estate News by the Numbers: Week of December 3 – December 9

by Douglas Lazovick | December 10, 2011

A quick rundown of the important real estate news from the week of December 3 – December 9, by the numbers: 12 out of 27 – Number of metro markets where it’s cheaper to buy than rent according to a new Wall Street Journal article. Among the markets are Atlanta, Chicago, Las Vegas, Miami and Phoenix. [...]

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Real Estate

A Niche In the Short Sale Game

by Ken Corsini | December 7, 2011

When I think about the opportunities and marketing efforts associated with short sales, I picture the typical family who has fallen victim to this recession. Perhaps it’s a husband whose job has been eliminated, resulting in the inability to pay the mortgage. Or, maybe it’s a family whose mortgage has adjusted, the payment has become [...]

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Real Estate

Are You a Slacker or A Finisher?

by Sharon Vornholt | December 5, 2011

At this time of year, a lot of folks are thinking that the year is almost over and it’s time to kick back and take it easy for the next month. But there is another whole segment of entrepreneurs that are steadfastly racing toward the finish line; they are laser focused on completing their 2011 [...]

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Foreclosures

Look Both Ways Before You Walk

by Richard Warren | December 5, 2011

So many people have walked away from homes that are hopelessly underwater. With little prospect of recouping their losses, or faced with a difficult personal financial situation, they have made a decision to let the bank foreclose. Prior to 2007 this would have resulted in an income tax liability on the amount of any forgiven [...]

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Real Estate

Real Estate News by the Numbers: Week of November 26 – December 2

by Douglas Lazovick | December 3, 2011

A quick rundown of the important real estate news from the week of November 26 – December 2, by the numbers: 8.6% – U.S. unemployment rate for November 2011. The rate is the lowest since March 2009 and a significant drop off from last month’s 9.0% rate. The U.S. economy also added 120,000 jobs, more than [...]

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Real Estate

How to Make Sure You Have a Qualified Home Inspector

by Sharon Vornholt | November 28, 2011

Real estate investors have always found it challenging when it comes to working with home inspectors. A rehabber does what he considers a “bang up job” only to have the buyer present him with a list of things they want repaired. Having been in the home inspection business for 17 years, I am the first [...]

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Real Estate

Real Estate News by the Numbers: Week of November 19 – November 25

by Douglas Lazovick | November 26, 2011

A quick rundown of the important real estate news from the week of November 19 – November 25, by the numbers: 4.97 Million – Existing homes sold in October on a seasonally adjusted annualized basis. The number of sales is in October up 70,000 from September. 3.3 Million – Number of homes listed in October on [...]

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Real Estate

Real Estate News by the Numbers: Week of November 12 – November 18

by Douglas Lazovick | November 19, 2011

A quick rundown of the important real estate news from the week of November 12 – November 18, by the numbers: $729,750 – Maximum mortgage amount that can now be backed by the Federal Housing Administration. Congress voted to increase the limit from $625,500. 95% – Amount of metro areas, out of 384 that will see [...]

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Real Estate

The Residential Appraisal Problem

by Marty Boardman | November 17, 2011

The grocery store down the street from my house sells a gallon of milk for $2.50. A small cup of coffee at Dunkin Donuts runs $1.60. The going rate for a Hunter 5-minute ceiling fan at Home Depot is $99. A 55” Vizio HDTV with internet apps sells for $1,399 at Costco (I know because [...]

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Real Estate

Increase Cash Flow by Appealing Your Property Taxes

by Ken Corsini | November 17, 2011

For most of the last decade, property tax assessments increased year over year with the rate of appreciation. Local municipalities structured their annual budgets around projected increases in revenue from gradual hikes in property assessments. Much like real estate appreciation, you could bank on property taxes increasing to keep pace. However, in 2008 as the [...]

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