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Real Estate as an Investment: Price Reduction Tools - 24 Mar 2008
Anyone who has kept up with my monthly Las Vegas Market updates realize that we remain in a maket with seriously over-priced residential resale homes. Most sellers still do NOT understand that they must be willing to compete with bank-owned REO listing in their own neighborhood as well as comparable homes in subdivisions all over [...]
Read Full Post »Las Vegas Real Estate Market March 2008 - 07 Mar 2008
Reminder: Daylight Savings Time - March 9th! We have seen a considerable increase in buyer activity this past two months. Daylight savings time couldn’t come at a better time. This is a real opportunity to conduct extended open houses and connect with those buyers. Also, consider Friday afternoon open houses that go until dark. I am [...]
Read Full Post »AB440: The Scoop on Stated Income Loans in Nevada - 29 Sep 2007
The word is out. “There are no more stated income loans being written in Nevada”! This is just not true!! However, Assembly Bill 440 from the 2007 Legislative Session has had an impact on a wide variety of low documentation loans. Even news articles that have some of the facts correct can be scary to [...]
Read Full Post »Part 2: Is Short Term Real Estate Investing a Formula for Foreclosure? - 19 Aug 2007
In Part 1 of this series we discussed the nature and objectives of the real estate “Flipper”. Flippers are really one specific type of short-term investor or business that relies upon the old formula of buy-low, upgrade for maximum return using the least amount of capital, then sell-high. But what about the short term investor [...]
Read Full Post »Part 1: Working with Real Estate Investors - The Flipper - 11 Jul 2007
Who would be considered a real estate investor? What is a real estate investment? According to Wikipedia; “In real estate, investment is money used to purchase property for the sole purpose of holding or leasing for income and where there is an element of capital risk. Unlike other economic or financial investment, real estate is [...]
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