highest and best use: Prices - Up Or Down? - 02/08/08 02:27 PM
Prices - Up Or Down? By Bill Roberts There is a lot of talk these days on pricing of real estate. Most of it is wrong. There is no "magic number" for what a property is worth. That number is arrived at by a meeting of the minds of the buyer and seller, … (8 comments)
highest and best use: Making Money In This Market - 01/02/08 01:44 PM
Making Money In This Market by Bill Roberts Making money in this market by increasing the "use" or utility of a given property is a good strategy in today's market. There are many under-utilized properties out there from vacant lots to houses with functional obsolescence. This is different from "rehabbing" because rehabbers generally … (14 comments)
highest and best use: I would never buy raw land part 2 - 07/23/07 12:06 PM
I am always hearing people say "I would never buy raw land." It's like they don't know that it is land that appreciates. They think that only improved property appreciates. But actually it is the land component of improved property that appreciates, not the structure. The structure actually DEPRECIATES, and eventually … (5 comments)
highest and best use: Highest and Best Use, part 2 - 07/08/07 09:04 PM
My philosophy is pretty simple. You want to build wealth you don't have to steal the property. There is a lot of under-utilized real estate out there. It is NOT being used at it's HIGHEST and BEST USE. Pay market value for it in its current use and enhance its value by changing … (8 comments)
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Prices - Up Or Down? By Bill Roberts
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