In 2006 I bought my first rental property, followed by another about 3 months later. It was not only my first year in real estate, but these were my first properties. If I could start over I think I'd do things differently. I'd like to share with you a few things that I learned. When purchasin
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02/09/2010
We hear the term "cap rate" thrown about all the time. What is cap rate or what is the cap rate in your area? I don't think most Realtors even know what cap rate is, or how it helps someone assess a property. I think most Realtors just say 10% by default. Very Basically cap rate is defined as
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02/08/2010
Most everyone knows or has experienced the ridiculous amounts of snow we have received over the past month or so. Saturdays storm dumped for 24 inches in certain areas of the North East. We have another storm on the way to begin drowning us in another 10-15 inches of snow starting tomorrow afte
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02/08/2010
Everyone has a different opinion on when a lead is actually a LEAD. Lets start by ruling out a few things that aren't leads. 1.) That guy you handed your card to at the store is not a lead. While there is a slim chance he could contact you at some point, it's not a lead that you can actively
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02/06/2010
I've really liked this song for a long time, but more so than the song I like the video. I'm not going to tell you why, but I think if you take about 4 minutes of your time and watch this video you'll see what I mean. I truly think that whoever was behind the creation of this video was brilliant.
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02/05/2010
1.) Buyer must have minimum of 3.5% into the property at closing 2.) Final HUD to reflect an earnest money deposit of $1000.00 3.) Cash from borrower at closing not to exceed $12,617 4.) Borrower to Sign 2007 and 2008 tax returns 5.) Borrowing to provide most recent pay stubs at settlment. 6.) Bo
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02/04/2010
I took these from my 6th floor balcony at the Mohonk Mountain Resort in the Catskills. I was there for my cousins wedding. It snowed pretty much the entire time we were there. This place was $500 a night with a discount in the winter. Pretty much reminded me of the Shining.
02/03/2010
I'm not typically one to just paste a link in my blog, but this one worth passing along. The Central PA Business Journal recently posted this article. We are in the middle of an attempted housing recovery but we keep stepping on our own feet. More expensive to build new homes (see article) For
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02/02/2010
