investing: Falling Values and Obsolete Appraisals - 05/23/08 03:50 PM
If you're looking at properties on a fairly regular basis, I'll guarantee you've heard the following line in the past 6 months:
"We have an appraisal from [insert date here] for $[insert amount here]."
Stop. Write it down. What was the date they told you? If it's anything other than the (3 comments)
investing: Playing on Your Emotions - 03/28/08 01:53 PM
I hate how so much of the real estate industry likes to play on your emotions as an investor. They create a sense of urgency when the market is going up and out of control to ensure you don't "miss out". All the while, "urgency" is inflating values. That sucks.
But, (6 comments)
investing: Tuesday's Tip #17 - 05/29/07 04:12 PM
Learning to find great investment properties takes a lot of hard work. There is no magic formula. There is no Deal Analysis Bible. It requires numerous skills and lots of time to develop. So, what does this mean for you? How do you pick out those hidden diamonds in the rough? To get (0 comments)
investing: Cash Flow Time - 05/24/07 01:38 PM
It’s amazing to me to see how shocked people are about the major housing slump much of our country is experiencing right now. Martin Crutsinger, an AP Economics Writer, says “Sales of new homes surged in April by the biggest amount in 14 years, but the median price of a new (1 comments)
investing: It's a Dark Dark World - 04/06/07 03:03 PM
If you haven’t heard, the subprime market is a disaster these days. “Latest count of major US mortgage lenders that have croaked since late 2006” has now reached a disastrous number: 50 We’re staring some scary circumstances in the face as investors and while I fear some of the consequences with interest (4 comments)
investing: Tuesday's Tip #7 - 03/20/07 11:46 AM
It’s been a crazy week at Land Chasers with investors in and out of town and therefore my time has been limited to get Tuesdays Tip up. My apologies. I want to focus today’s tip on learning how to talk with realtors or birddogs who are helping you to find cash flow (2 comments)
investing: Tuesdays Tip #5 - 03/06/07 07:37 AM
You can learn a lot from failure. In fact, some of my greatest failures have propelled me the furthest. But, success breeds success. If you’re surrounding yourself with “wannabes” and “neverwills”, you’re likely to never make it. You need people around you who are tested and tried, whose work ethics are (1 comments)
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