4 Things The Kardashians Teach Us About Real Estate Investing – biggerpockets.com/renewsblog/ I’m ashamed to admit it but my wife has me hooked on Keeping Up With The Kardashians. For those who are lucky enough to not know who the Kardashian’s are, they are a family of socialite reality TV stars whose lives are chronicled nightly on the E! Network. In addition to their reality TV success, the Kardashian’s have branched out to business ventures that include diet pills, women’s perfume and even branded their own women’s clothing line that they sell at the Kardashian boutique appropriately named Dash… Continue...
Many people are looking to cut the cost of their mortgage repayments, especially in the midst of a recession. For homeowners, mortgage repayments will be the biggest debt, and also the largest monthly expense, so it makes sense to try and save money anywhere you can. So, just what can homeowners do to trim some cash off their mortgage payments? Take a look at some of the best top tips to spend less on your mortgage every month, and see how much you can save! Extra Mortgage Payments If you’re looking to cut the cost of your mortgage, as well...
NAR Invests in 6 Startups Through REach Accelerator Program – therealestatebloggers.com I bet you did not know that the National Association of Realtors (NAR) runs an accelerator program for new startups through their Second Century Ventures fund, did you? I didn’t until this week, but it is a concept worth exploring. Innovation through technology has been an important driver in the real estate industry, and needs to be supported… Continue Reading On therealestatebloggers.com » March Update – shaunsre.blogspot.com/ I’ve been away for a couple weeks on a cruise to Hawaii. Got back and found out my hard money loan #22 finally...
House #47: Final Analysis – 123flip.com/blog We closed on the sale of The Divorce House today… This was a pure wholesale deal — I never even saw the property! The buyer was the same investor who purchased The Retail House and plans to hold it as a rental. Given that I never saw the house, there’s not much I can really say… Here are the final stats and financial details: Timelines Here are the key timeline milestones: Purchase Offer Date: 2/7/2013 Purchase Closing Date: 2/25/2013 Rehab Completion Date: 2/25/13 Sale Listing Date: 2/28/2013 First Sale Contract Date: 3/6/2013 Final Sale...
Deals that Keep you Moving Forward….$20K into $85K in 5 days! – biggerpockets.com/renewsblog/ If you are a golfer, you know that some days you can do nothing right. You hit (or shank) your ball left, right, short, long, in the trees, in the water, in the sand, and basically have a horrible day. You start to mumble to yourself, “This is it, this is the LAST time I’m ever going to play this lousy game!” Then it happens… Continue Reading On biggerpockets.com/renewsblog/ »
Analyze More Real Estate Deals with the Help of this Easy Technique – biggerpockets.com/renewsblog/ I’m going to make a not-so-bold assumption. Ready?! Here it goes: You’re a very busy person. I make this assumption because the nature of our business requires us to constantly be on our toes, continuously change direction, and know the intimate details of our projects and deals. Don’t worry, I’m not lamenting over this… Continue Reading On biggerpockets.com/renewsblog/ » Petition: Want Marriage Equality? Paint Capitol Building Rainbow – realestate.aol.com Filed under: News, Lifestyle Pictured above is what the dome of the U.S. Capitol might look like...
'Fifty Shades of Grey' Penthouse in Seattle Sells For $6.2 Million – realestate.aol.com Filed under: News By Sean Keeley For those of us who haven’t read “Fifty Shades Of Grey,” you might be as surprised as us to learn that the major events of the steamy book series take place in the penthouse of the Escala tower at 1920 4th Avenue in Seattle. Even if you haven’t read the book, you’re probably not surprised to learn that the real-life penthouse has sold for the massive price tag of $6… Continue Reading On realestate.aol.com » What We Read Around the Office...
It’s no secret that the 2008 stock market tumble and ensuing recession threw the real estate market for a serious loop. Foreclosure rates shot through the roof, and thousands of homes across the country fell into disrepair or sat abandoned. While property values have begun to rebound, many homeowners still find themselves in an upside down mortgage, and fewer people can afford to buy than before, regardless of the low interest rates. That means banks and other lenders have to approach financing deals very carefully, which makes securing a home loan incredibly difficult. But there may be a new determining...
Just like anything, there are many pros and cons of purchasing a fixer upper. While you will save money by purchasing a fixer upper, it is still a gamble, because you never know how much the house will truly depreciate in value over time. If you put enough work into the house and remodel it back to livable standards there is a big chance that you might be able to make a small return on your investment. Purchasing a fixer upper can be also be a perfect starter home – if it is in bad enough shape you can always...
The Header: Real Estate Website Theme Design Series Part One – realestatetomato.com/blog/ We have designed a ton of real estate websites; nearly 1,000 to date. Every one of them began with a comprehensive Design Interview between client and the Real Estate Tomato creative staff. Each interview has us covering, in detail, several integral elements of the custom real estate… Continue reading the full post on http://realestatetomato… Continue Reading On realestatetomato.com/blog/ » Fawlty Towers: Putting a Price on England’s Funniest Hotel – movoto.com/blog/ Embed Infographic The Movoto team has been on a British kick for the last couple of months....
Block Party: Build Your Home Out of Tetris Pieces – movoto.com/blog/ Embed Graphic By Movoto If you’ve been reading the Movoto blog for a while, you’ll know that in addition to real estate, we’re also kind of crazy about video games. This borderline obsession has led us to examine such highly practical things as how much Mario’s coins would be worth in real life and the value of Bowser’s castle… Continue Reading On movoto.com/blog/ » Buying a Home 44% Cheaper Than Renting, Despite Rising Prices – realestate.aol.com Filed under: NewsEditor’s note: Jed Kolko is the chief economist for online listings...
The Biggest Mortgage Mistake Consumers Make – realestate.aol.com Filed under: News, AdviceBy Scott Sheldon Despite the technical rigors of qualifying for a loan today, there is something more ominous lurking in all mortgage applications that most consumers wouldn’t think twice about. Specifically, we’re talking about the eligible funds for the mortgage transaction… Continue Reading On realestate.aol.com » My Books Are Here! – 123flip.com/blog Click Here for More Info or to Order the Books I’m thrilled to announce the release of two books I’ve been working on for much of the past year: THE BOOK ON FLIPPING HOUSES: How to Buy,...
Begin As You Mean To Go: The Letter of Intent – biggerpockets.com/renewsblog/ Nothing perturbs a transactional attorney more than when a client delivers a letter of intent and a draft contract that bear little to no resemblance to one another. Though letters of intent are non-binding in most jurisdictions, parties who rush headstrong into signing a letter of intent (LOI) miss a critical opportunity to work out key legal terms in addition to those terms that include a dollar sign… Continue Reading On biggerpockets.com/renewsblog/ » The Biggest Mortgage Mistake Consumers Make – realestate.aol.com Filed under: News, AdviceBy Scott Sheldon Despite...
Peter Linneman Video Series – Part I – astudentoftherealestategame.com/ Over the past few years there has been a shift in the way people approach education. Abundant education is now easy to access and offers motivated individuals a chance to learn. Unfortunately, most of the free education doesn’t get the exposure it deserves. A prime example is the 50-part interview series that Bruce Kirsch of REFM did with Peter Linneman, one of the top minds in real estate… Continue Reading On astudentoftherealestategame.com/ » Housing Crisis May be Over – But Government Mortgage Still Problematic – biggerpockets.com/renewsblog/ Given that the housing market has mapped a...
Why Do You Invest in Real Estate…No, Really…WHY?? – biggerpockets.com/renewsblog/ When we start to do anything in life there is always a reason WHY. Now stay with me here…we have many simple “WHY’s”. Take breathing for example, our “WHY” for breathing is to live! Our “WHY” for going to school is to get smart (or because we are forced to!)… Continue Reading On biggerpockets.com/renewsblog/ » Step 5 – “Put The “Hubba Hubba in Hub & Spoke”: 12 Steps Crucial to an RE Professional’s Internet Presence – geekestateblog.com/blog/ To Create an Internet Presence that can not only “Cast a Wide Net”...
What Is an REO? – realestate.aol.com Filed under: News, BuyingBy Diana Olick REO is one of those terms that you hear a lot lately but can’t quite place. And for people of a certain age, it calls to mind a certain 1970s and ’80s rock band. Alas, that’s not the REO of which we speak. So what is an REO? CNBC explains. What is an REO? REO stands for Real Estate Owned… Continue Reading On realestate.aol.com » House #39: Final Analysis – 123flip.com/blog We closed on the sale of The Rent-Back House today… Nothing more to add about the project...
Four Questions To Ask A Short Sale Listing Agent – biggerpockets.com/renewsblog/ In the past year of working with primarily short sales, I’ve gained enough experience to fill at least one book. I’ve dealt with just about every possible scenario from multiple lenders involved in the transaction to having to dispute valuations from 3rd party agents. Although I was certified through an awesome organization, nothing prepared me for the trenches like the war itself… Continue Reading On biggerpockets.com/renewsblog/ » What Can You Rent for $950 a Month? – zillowblog.com Take a look at the rentals we found for those with a...
Jamie Kennedy Lists Los Angeles Home for a Loss – zillowblog.com Source: IMDb Contemporary and private — two of the biggest buzz words in celebrity real estate — and Jamie Kennedy’s home has both qualities. The comedian and actor just listed his Los Angeles residence for sale. He picked up the gated home at 2508 N Vermont Ave, Los Angeles CA 90027 for $2… Continue Reading On zillowblog.com » Pope Francis’s New Home In The Vatican City – therealestatebloggers.com So the new Pope Francis has been elected, lets go and look at the Papal Apartment in the Apostolic Palace in the Vatican City...
As Papal Conclave Meets, Go Inside the Vatican Tourists Don't See – realestate.aol.com Filed under: News By Michael Kelley This week the Vatican’s papal conclave began the process of choosing the next spiritual leader of 1.18 billion Catholics worldwide. Black smoke poured from the Sistine Chapel chimney on Tuesday, signaling that cardinals had failed on their first vote of the papal conclave to choose a new pope… Continue Reading On realestate.aol.com » Are Hedge Funds Blowing Bubbles? – biggerpockets.com/renewsblog/ Last month the New Republic published a provocative article by former TV producer David Dayen on hedge funds and real estate...
Visiting Austin for SXSW? You'll Probably Want to Move There – realestate.aol.com Filed under: News You’re in Austin, Texas, rockin’ out at the South by Southwest music festival. You’re soaking up the sights and sounds, the people and the parties, of the “Live Music Capital of the World.” You’re falling in love with the city. And in a year’s time, you’ll be moving there. Well, that’s what local Realtors are banking on, anyway… Continue Reading On realestate.aol.com » House #46: Pre-Rehab (VIDEO) – 123flip.com/blog My Milwaukee partner, Marty Boardman (FlippingPhoenixHouses.com), did it again…here’s his walk-through of The WI-4 House that...
Student Loan Debt Could Hobble Housing – biggerpockets.com/renewsblog/ It seems like there’s been nothing but blue skies for the housing market since 2013 turned the bend. The rate of home purchase has been gradually rising, and with that has followed an accompanying jump in home values. In fact, the recovery has become so pronounced that Ben Bernanke recently spoke in its favor, making statements earlier this month validating the housing recovery… Continue Reading On biggerpockets.com/renewsblog/ »
Step 4 – “Be a Star on YouTube”: 12 Steps Crucial to an RE Professional’s Internet Presence – geekestateblog.com/blog/ Series Intro: 12 Steps Crucial to an RE Professional’s Internet Presence Step 1 – Branding: 12 Steps Crucial to an RE Professional’s Internet Presence Step 2 – Branded Contact Info: 12 Steps Crucial to an RE Professional’s Internet Presence Step 3 – “Aces in Their Google Places”: 12 Steps Crucial to an RE Professional’s Internet Presence “Places Everyone, Places” “Lights, Camera, and…… Continue Reading On geekestateblog.com/blog/ » The Perfect Path to Developing Real Estate – biggerpockets.com/renewsblog/ Many real estate professionals want to...
Tax Savings: Rental Property Depreciation Explained – zillowblog.com One reason you might be thinking about investing in rental properties is because you think you’ll save money on federal income taxes. While this may be true, you really need to fully understand how rental properties and taxes work in order to determine whether you will in fact save money from your rental property ownership… Continue Reading On zillowblog.com » Premier Property Management Memphis | February Rental Numbers – blog.memphisinvest.com/blog#sthash.4aMW99W1.dpbs Premier Property Management Memphis So far we are about 65 days into the new year and already business in Memphis is at...
House #45: Video Walk-Through – 123flip.com/blog My Milwaukee partner, Marty Boardman (FlippingPhoenixHouses.com), is an awesome videographer…here’s his walk-through of The WI-3 House that he shot last week when we were in town: Continue Reading On 123flip.com/blog » Where’s the Wealth in Real Estate Education? – biggerpockets.com/renewsblog/ As a beginning or budding investor, you learn from real world experience that this business will expose your weak spots of know-how. This translates to lost opportunities, lost deals, and smaller paychecks. The goal of BiggerPockets, of course, is to give you an open forum of knowledge, unmatched in the real estate investing world,...