Realtor-Investor Relationship: Art, Science or Unicorn
Tuesday, April 26
Perhaps there is no relationship that is thought of more and executed less that the Realtor – Investor relationship. It should be so easy. The Realtor has access; deep understanding of the market and most of all can be the eyes and ears of a trusted Investor. The Investor has cash or at least...
REI is aTeam Sport but start at Home ...
Monday, April 25
If you are in a committed relationship and you are just starting with real estate investing I suggest you do one thing before everything else.You need to sit down with your significant other and have a long talk about what it means from a time, a resource and financial commitment. Real estate in...
Open Letter to Fresno Real Estate Agents and Bird Dogs
Sunday, April 24
I am an active buyer of Fresno and Madera real estate and I am always looking for the next deal. I am a buy and hold investor that focuses on buying properties that will be good long term rentals. The present condition is not an issue as most of my transactions are done on properties tha...
Deal Details: The Stucco House
Sunday, April 24
So I thought I would follow the lead of other members on the board and start writing/blogging about deals I am completing in this market as I believe these are great times to purchase properties. The Basics of the Deal: “The Stucco House” was purchased for 40k and it offer 3 Bedrooms, 1...
Never thought this would happen!!! Sign of Times
Monday, January 17
I locked up an REO purchase about 60 days ago or so and was pretty happy with the deal as it is a solid house that needs 8k of work and then would rent for nice cash flow. The wrinkle or surprise came when the seller (the bank) went to the city to get the demands so we can close and move on. ...
Review of 2010 Predictions at half way point
Sunday, June 27
Given we are almost at the half way point of the year I thought it was a good time to review my predictions for 2010 and give myself a grade.Predictions were:1) We will see the peak in residential foreclosure in 2010 Update: At this point with most of the Alt-A Mortgages left to reset I now ...