By the time you’re reading this you may have already opened your presents and you already know what Santa has brought you. Hopefully, in addition to all of the stuff you don’t need (like iPods and TV’s) you got some Christmas presents that can increase your income in 2012. I sure did! I got several books and a marketing course which I had been wanting for a long time. I realize you may be thinking that books and a marketing course for Christmas sounds boring, but not to me. Because I love … [Read more...]
Denial Blocks Real Estate Recovery
Denial Blocks Real Estate RecoveryForeclosure, Bankruptcy vs Home Affordable Refinancing Program ( HARP).Kevin is not giving up without a fight. I know this because those words are written on a piece of paper taped to his front door. NOT GIVING UP WITHOUT A FIGHT! His house is scheduled to go to a foreclosure auction today.Kevin bought his home on July 8th, 2003 for $270,800. The real estate market here in Phoenix was stable at the time. The housing explosion was about 18 months away. … [Read more...]
Do-It-Yourselfers Are Excellent At Reproducing Similar Results Of The Pro’s
Do-It-Yourselfers Are Excellent At Reproducing Similar Results Of The Pro'sMy professional upbringing came from brutal Old School mentors who cared not about what I thought of their advice, or my feelings. Though they surely agreed with the pursuit of excellence concept, they didn’t label it as such. To them it was all about results. If you consistently produce superior quality results in measurably higher numbers, excellence was a given. Thinking any other way simply wasn’t on their … [Read more...]
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2012 Will Be An Extraordinary Year
The stars are aligned to make 2012 an extraordinary year for rental income. The decline in homeownership is translating into rising rents and the multifamily apartment sector, though booming today, was late catching the wave. If it weren’t for the new investor-driven single family rentals in many markets, rents would be zooming even higher than they already are.The New Normal in Homeownership Creates DemandChanging attitudes towards homeownership have been pushing up rental demand since … [Read more...]