investing: September Arizona Real Estate Investment Club Meeting - September 17 - 09/05/08 06:34 PM
Gentry Real Estate & Investments (and friends) will be discussing recent changes facing today’s real estate investor.
Freddie Mac is capping investors to 4 properties on their credit report. This is pushing the investors and homeowners in the direction of creative/seller financing.
Join us as our guest speakers explain options that will allow you to profit by taking over mortgage payments or by flipping the financing.
Plan to join us in Scottsdale, Arizona for an exciting evening of real estate education, networking and opportunities.
Tell a friend!
Where: 9237 E. Via de Ventura Suite 100 Scottsdale, AZ 85258
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investing: What the Investors Want - Phoenix Metro Update - 09/05/08 02:27 PM
The Latest Trends in Arizona Real Estate Investing (September 2008)
Real Estate has seasons. Most agents will be able to tell you when the buyers tend to show up and when they tend to slow down.
The market has fluctuations. Sometimes we're in a buyer's market- other times sellers are in the driver's seat.
Then there are the trends that come and go. These trends can vary by market and in many cases by neighborhoods.
Let me use this opportunity to share with you the investor trends I'm seeing in the Phoenix metro area market. First let me qualify … (7 comments)
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investing: Investment Properties- Short, Medium & Long Term Strategies - 07/19/08 05:32 PM
Since the market is ever-changing, it's nice to have several different investment vehicles. There is a time value to investing. It's always good to find strategies that can pay off in the short, medium and long term.
Among the activities many investors employ are these.
Short-term: Currently, there are many opportunities in purchasing properties at wholesale. Here's a for instance- let's say there is a neighborhood where homes are selling near $200k. The homes were built in the early 1960's. The neighborhood my have a home or two that is in disrepair. If the homeowner has a tremendous amount … (4 comments)
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investing: What's Your Opinion: Which Wins- Cash Flow or Equity? - 06/01/08 07:24 PM
There's a debate going on among real estate investors.
And the answer changes depending on the month, week or even time of day.
So... without explaining my take on this, I though I'd ask the universe this question:
If you could only have one thing from your real estate investment, which would you prefer
Cash flow ... or... break-even with equity upside?
By cash flow let's define it as income that exceeds expense.
By equity upside let's define it as a property that is not losing money appears to have increased equity potential.
Talk amongst yourselves people... pick a … (8 comments)
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investing: Arizona's Top Five Real Estate Investing Options - 05/30/08 05:28 PM
This is part III (the final section) of a series I wrote for publication regarding the Phoenix real estate investor market. I was asked the question: What are the best opportunities for real estate investment, why?
I responded that my clients are currently finding most success in these sectors:
Any area in which there is positive cash flow potential. Wherever an investor’s income exceeds expenses you’re going to have a viable market. It’s remarkable to me that so few pay attention to this detail. Of the many homes on the market today a minority have positive cashflow potential. I’m always on … (2 comments)
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investing: The Phoenix Rising- An Investor Speculation - 05/30/08 02:15 PM
As many real estate investors have noticed, the housing market hit critical mass a few years ago... the access to easy money and a wild upswing in potential equity creation brought a great excitement to the market.
Speculators arrived- both seasoned and new. Fortunes were gained and lost.
Now the challenge is to look at the current market... to assess the traps and pitfalls while also looking for the diamonds in the rough.
I'm Chuck Willman, a real estate agent based in the Phoenix, Arizona metro area. This is what I do on a daily basis... look for opportunities.
A couple … (0 comments)
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investing: Preparation for Growth in a Down Market- A Look at Phoenix Arizona - 05/29/08 04:17 PM
I don’t know who first said it, but there’s a phrase thrown around town to describe Phoenix - It’s that “the business of Phoenix is growth.”
I'm Chuck Willman, a real estate agent based in the Phoenix metro area. Here's Part I of a series I wrote for publication regarding the Phoenix market.
Market Concerns: Whether you look at education, commerce or other market concerns- we all face the same dilemma… almost every economic, political or social decision has a growth component that has to be considered.
For local governmental leaders, one doesn’t want to be too optimistic and … (4 comments)
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investing: Come Join Gentry Realty on May 21 for an Investor Seminar in Scottsdale Arizona - 05/10/08 07:30 PM
Gentry Realty has worked on this seminar for almost a year. Join Gentry Real Estate & Investments (and friends) on May 21st as we will be sharing our criteria on how to analyze the right markets and the right property for your investment portfolio. Here are a few of the topics that will be covered:
Learn the 7 Point Market & Property Evaluation System Understanding the Real Estate Market Cycles Learn the Top 5 Reasons We Invest in Real Estate Why Now is a Fantastic Time to Invest or Re-invest in Real Estate Comparing Real Estate vs. CD’s, Mutual … (5 comments)
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investing: Map Housing & Transportation Costs for Your Area - 04/28/08 06:44 PM
It's the modern home buyer quandry:
Do I want to pay more for the home to live closer work/school?
or
Do I want to pay less to live further away?
Lately I'm performing the following searches:
Homes close to work/school (usually re-sale) Homes further away at bargain value pricing (often new homes) We look at each and calculate cost and time savings vs. expenses and time lost. Each buyer is different- some will want to buy as much house as possible while others want less time on the road.
Wouldn't it be great to see a visual representation of home … (17 comments)
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investing: Very Cool Investment Information Resources- The Wikipedias of Data - 04/27/08 11:55 AM
How many of you have gone to Wikipedia for "the gist" of a topic?
Raise your hands, people... ok that makes close to 85,000 of you.
Well... the "next big thing" in the web info arena (according to me) is, ready for it?
Data - more accurately... Smart Data. Raw numbers with contextual meaning.
The web is the battle field ... a tug of war over content.
The combatants in this war are: Free vs. For Profit.
This includes us...Bloggers love Free. Real Estate Agents require commission.
So... the Blogger/Agent Math Formula is this:
freely available information + experience + … (7 comments)
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investing: Finding the Good in Bad News - 03/18/08 07:20 PM
Today the Fed cut the overnight lending rate by .75 points.
The stock market responded with the highest gains in five years.
A reporter has a choice:
Explain the pitiful state of the economy that requires such drastic measures. Analyze the the move as a demonstration that there are still many buyers in the market. I remember a Finance professor in the Arizona State MBA Program who said that psychology can always be found behind the moves in every market. He explained that there are opportunities in upside down markets. In each market, every seller finds a buyer... even if … (7 comments)
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investing: Personal Finance Tips- From Negative to Positive Net Worth - 03/15/08 03:25 PM
A couple graduated college with a combined debt load of $40,000.
Five years they had a net worth of over $285,000.
Not bad, right?
You can read about it here: How My Net Worth Went from $-40,000 to $285,000 in Five Years.
Here's the shortcut: "we systematically controlled our spending so that our expenses were well below our income."
However, the next step provided the key to wealth building.
I've blogged about this before. The key to success is earning more than you spend.
Even more significant, most of their earnings were earned through one vehicle: investment property.
To this many … (5 comments)
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investing: Q: How's the Market? A: Which One? - 03/12/08 05:55 PM
When people find out I work in real estate they make that concerned/contorted expression and wincingly ask, "How's the market?"
I try not to make it sound like a knee-jerk response, but I have to clarify with another question, "Which One?"
The markets I'm in are good. The ones I'm avoiding are not so hot.
There is no such thing as "one market". The facets of real estate that I currently specialize in are:
Investment Properties Land New Construction Each has its own niches... some sections of each market are very good... some troubled. Regarding these market segments, here is … (10 comments)
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investing: What is the Secret? shhhhhhh..... I have the answer. - 03/12/08 02:49 PM
Like many of you, I've read the book, "The Secret".
I like the message that positivity or, maybe more importantly, shunning negativity puts you into the karmic slipstream of success.
However, there's not much positive math to that formula.
I work with investors.
They know math. They have a bottom line. They demand cash flow. They're right.
Want to know the secret to successful cash flow?
Really?
Are you ready for the sure fire secret to investing?
I'm going to give it to you right now.
100% guaranteed!
AND... at no cost to you!!
Here is the secret to successful investing.
… (7 comments)
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investing: 10 Best Places for House Bargains- Phoenix #5 - 02/11/08 12:02 PM
Phoenix Skyline by Bradley Cooper
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Realtor.org has an interesting report today that links to a Forbes article by Matt Woolsey about the Ten best cites for bargain hunters. The top five are: Salt Lake City, UT Raleigh, NC Orlando, FL Charlotte, NC Phoenix, AZ Let's focus on Phoenix. Phoenix "is the largest city in the American Southwest and is the region's primary government, cultural, economic, and transportation center." It's also the fifth largest city in the United States. People keep moving here. Phoenix is in Maricopa County- the fastest growing county in America. Phoenix is … (6 comments)
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investing: Is this a Good Deal? New Homes as an Investment - 02/05/08 05:34 PM
"Is this a good Deal?" The investor asked me as we looked at a model home. I replied that it is and then did the research to back it up. Here's a simple way to verify the "deal" status of a new home.The investment buyer will want to know two things: 1. What's the marketability for this home? 2. What are the rents for this type of home?Let's use a recent purchase as an example.The buyers looked to purchase a new home (after incentives) for $144K. They hoped to be cash-flow positive. Their target monthly payment for this home would … (1 comments)
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investing: Nationwide Network of Real Estate Investors - 01/31/08 02:59 PM
Although I have been concentrating most of my efforts on the Phoenix, Arizona metro area, I have been interacting with more and more agents from around the country who are interested in referring investors to the area.
Likewise I've been able to send investment minded individuals to other areas of the country that offer special amenities that are not found locally.
If you're interested in becoming part of a nationwide alliance with other real estate investment minded individuals, please drop me a line. Let's get to know each other.
My goal is to let investors find opportunities no matter where … (2 comments)
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investing: Single Family Home by Arizona State University- Great Investment Possibility - 01/30/08 02:36 PM
One block from ASU (walking distance)
3 bedroom/1ba (two bath would be nice but almost no homes in neighborhood have that).
Rarely are homes available in this neighborhood. (10 listings in two years).
It's in the historic district and is priced at $145K. My guess is that it needs about $15k in fixup (paint, carpets, misc.).
This home is 1100 sq ft. ... A home with 832 sq ft sold 3 months ago for $206k.
There is a sale pending nearby: 1750 sq ft for $398k.
Ball park for a rental of this sort is $1300/mo. (if rehabbed of course).
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investing: SilverLinings: New Home Inventories Declining - 12/28/07 03:42 PM
What's a real estate investor to do?
Applying the "buy low sell high" rule to today's market is a simple task. One must glean the good news from the bad. Sometimes it's easy... as is the case in today's Wall Street Journal (Dec. 28, 2007, C1). The Title? "New Homes Sales Data May Contain a Bit of Hope".
The article contains the negative data: New home sales are down- lowest level in five years/50% below peak.
Positive data: The inventory level of new homes is declining. (Down to 520k from the high of 570K).
Depending on where you sit in … (1 comments)
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investing: The Magic Percentage - 09/28/07 05:02 PM
Statistics. They can be twisted almost any which way- can't they?
That's why due diligence is so important. It's always good to distill the complicated down to the simple.
Which begs the question- is there some simple math that you apply as a starting point to any business venture?
Almost everyone knows the 80-20 rule. That is that 80% of your business comes from 20% of your clients. Note: You can switch the parties involved and still call it the 80-20 rule. Isn't that great?
Let's talk about other percentages. Percentage for facets of your business. Here are examples:
Spend x% … (1 comments)
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