investment: IRS will be looking at us... - 07/18/08 07:54 PM
If you get the REALTOR Magazine Daily News, you might have seen the story:  IRS Gets Picky About Who's a Real Estate Pro.
This is interesting...
Licensed real estate agents and brokers do not always qualify for real estate professional status under the new rules, which mandate that individuals spend no … (29 comments)

investment: Incrementalism - 06/14/08 09:40 AM
Incrementalism is a concept that a lot of people in the automotive hobby are familiar with... in theory, if not the word itself. So, let me give a definition... Incrementalism refers to the practice of just changing things a little bit... over time... piece by piece.
This would be opposed to … (2 comments)

investment: Three things sellers can do to help their house sell - 04/12/08 04:02 PM
There are a lot of things that sellers can do to help seller their home faster and smoother.  Here are a few.  For more info, be sure to contact me to enroll in our Free Seller Seminar coming up in May.
Be Proactive.
A great example of this is a pre-listing inspection.  Generally, … (5 comments)

investment: "I'll just wait for my price." - 04/05/08 11:23 PM
I hear that a lot. 
Let's talk a little about pricing strategies.   
Everyone knows that if one wants to sell something fast, drop the price enough and the buyers will come out of the wood work.  If, as an example, one has a house that might normally sell for $500,000, and … (13 comments)

investment: I had a marketing thought... - 03/22/08 08:34 PM
Scary, I know.
Ok, a couple of caveats.  
Atlanta area agents, don't steal this from me yet... I'm kicking it around in my head. I haven't talked to anyone about this yet, so if it is stupid... give me the opportunity to find someone to blame.I don't know if it would fly … (5 comments)

investment: Want to destroy the economy and dreams of home ownership? - 03/05/08 01:47 PM
It's pretty easy... 
House of Representatives Democrat John Conyers of Michigan knows how to do it.  He has outlined a simple plan. 
Allow bankruptcy judges to set aside mortgage balances in favor of "good faith attempt" to pay off mortgages... and the borrower gets to keep the house.  While the plan … (9 comments)

investment: Gwinnett County Sales Figure for January/February 2008 - 03/03/08 09:33 PM
I just got the new report posted to Garage Homes USA, my website.  Here is a link to the report. 
Aside from the regular Average Days on Market, Average Sales Price, and numbers for new listings, I have added Absorption Rates and New/Sold ratios.
The market report is kind of dry, but … (5 comments)

investment: Timing is everything... maybe - 02/29/08 02:44 PM
We all know about the stock market crash of 1929.  Bubble heads have tried to compare the run up in housing prices to the stock market crash for the last several years.  Maybe they have a point... maybe not.  This isn't about that.  This is about what people DON'T know as … (2 comments)

investment: Gwinnett County Market Report for December/January 2007/2008 - 02/06/08 09:32 PM
I just posted the latest market report on my website.  Here is the direct link. 
Here are the highlights... 
December is kind of a funky month.  Comparing it to January or November is difficult, because of the Christmas holiday.  January is a more typical month, but the numbers are only preliminary and … (0 comments)

investment: Low income housing... a different take - 02/06/08 12:56 PM
Spurred by a blurb on today's REALTOR(R) Magazine Daily, I got to thinking about low income housing.  for those that have read a few of my posts, you may think that I am unfriendly towards low income housing... but quite the opposite is true. 
Not only do I think that low … (5 comments)

investment: A Wall Streeter's take on the Housing Crisis... and - 02/06/08 11:00 AM
... how it is affecting the overall economy.  This is a great post, but I will admit it is pretty deep.. not casual reading.  Matt Heaton might like it (agreeing or disagreeing... I think he will like the depth).  Here are a few excerpts, but I would recommend visiting the post … (6 comments)

investment: Game On? - 01/22/08 11:13 PM
Wandering through the REALTOR(R) Magazine Daily Report yielded a story about the Cashflow 101 game from Robert Kiyosaki (Rich Dad).  It uses the game environment to teach stock investment analysis and real estate investing... kind of like a Monopoly for would be investors. 
It looks pretty interesting... but it is also … (11 comments)

investment: How is the view from the sidelines? - 01/17/08 10:35 AM
Through a search a few weeks ago I ran across Real Estate Radio's blog.  I have been enjoying the read for quite a while, and even listening to some of the podcasts (they are full radio show recordings, and are two hours long).  I don't listen to as much of the … (0 comments)

investment: New home construction drops 25% in 2007... It's about time! - 01/17/08 10:06 AM
When I logged on to the computer this morning, I ran across this story from Yahoo News.  It is from the Ap, and basically says that in 2007, new home construction dropped 24.8% from 2006 levels.  That is the highest drop since 1980... when interest rates on mortgages were worse than … (11 comments)

investment: Idiot move of the week, Cleveland suing banks - 01/12/08 12:26 PM
Here's your card... 
According to the Columbus Dispatch, the city of Cleveland is suing 21 banks that loaned money in their inner city areas, saying:
...subprime lending in inner-city neighborhoods has created a public nuisance that hurt property values and city tax collections.The story goes on to say:
The lawsuit, filed Thursday in … (22 comments)

investment: Gwinnett Market Report for November/December 2007 - 01/07/08 11:57 AM
I just put the new market report for Gwinnett County, GA on my other blog.  Here are a few of the highlights.  The complete report is available here...
The Absorbtion Rate for Gwinnett County is still slowing, but shows improvement compared to November.  The twelve month rate is 10.4 months of supply.  … (0 comments)

investment: Lane's 2008 Prognostications... - 12/29/07 10:11 PM
Earlier I ran across a post on the official A/R blog wondering about our predictions for the next year.  Well, I had already been in a prognosticating mood, since I was actually grading some of my predictions from earlier this year. 
I also ran across a post by Jim Crawford looking … (9 comments)

investment: I think it's high time I answer for my predictions... - 12/29/07 08:03 PM
Is It Time to Buy? Revisited... 
Back in June I reprinted an article that I actually wrote just over a year ago.  I originally wrote it in November 2006, and republished it here and on my blog in June 2007. 
Here is a link to Is It Time To Buy?
Well, if you … (2 comments)

investment: US Property on sale!!! 17% off... - 12/29/07 05:32 PM
Of course there is one little hitch…  You have to be from outside the United States.
I just ran some numbers, and the US Dollar is at it’s lowest level in at least the last five years against both the Euro and the Pound.
For the Euro:
In January of 2003, … (0 comments)

investment: A better way to look at everything... - 12/27/07 03:55 PM
Part of my daily reading ritual includes Seth Godin’s blog.  He is often described as a marketing genius.  I think that well might be true.  But, his blog isn’t just about marketing, but also often touches on greater issues.  This one certainly did.  Although, he actually wrote it four years ago… … (5 comments)

investment: Housing apocolypse revisited - 12/25/07 09:37 PM
I ran across a post on Active Rain that pointed me to an outside article that talks about the need for at least a 20% reduction in home prices in order for families to be able to afford to buy. Well, I love it when there are specific claims and statistics. … (3 comments)

investment: Thoughts on the Foreclosure Bailout - 12/08/07 01:31 PM
Everyone has weighed in with their opinions about the proposed government bailout of some of the 1.2 million people facing foreclosure... I guess I'll toss out my nickel (side thought... if everyone that has offered an opinion actually gave up the nickel, WE could bail out the people facing foreclosure...)
I don't … (3 comments)

investment: Rock Crawling and realty... - 12/08/07 12:37 AM
I am about to perform a feat of magic... I am going to combine two such different things, that you won't believe I was able to actually pull it off...
In the first corner, we have a real estate transaction. Just about every time a home changes hands, there are obstacles and … (5 comments)

investment: Market update for Gwinnett County, October/November 2007 - 12/07/07 04:09 PM
As I announced back in the middle of November, there is going to be a format change beginning this month.  I will be including Absorbtion Rates in the market reports now.  This will give a clearer picture of the direction of the market, as well as help bring a bit … (0 comments)

investment: Dingell... YOU ARE AN IDIOT! - 12/06/07 11:51 PM
If you haven't been paying attention, Rep. John Dingell (D-MI) has floated an idea to eliminate the Home Mortgage Interest Deduction for homes over 3000 square feet. 
His points are:
The HMID "costs" US taxpayers $100,000,000/year.  McMansions are wasteful and contribute to global warming.It would reduce sprawl, and save energy in multiple … (8 comments)

investment: Boy, I'd almost consider running to answer this one... - 11/28/07 09:56 PM
 
So, it's like this...
First, the video is only 27 seconds long, so feel free to watch.  
Now, let me tackle the answer.  
Jamie, there isn't a quick and easy answer to the question, but it looks like you think there should be from your video.  But, let's look at the causes, … (10 comments)

investment: House Values Up!!! - 11/28/07 03:50 PM
What?  Is this guy crazy?  Take a look...
S&P Index Reveals Price Changes in 20 Markets Prices of single-family homes in the third quarter fell 4.5 percent nationwide compared with a year ago. It was the largest drop since the Standard & Poor’s/Case-Shiller National Home Price Index was begun in 1988. “We … (2 comments)

investment: Housing Starts down slightly, but Multi-Family are up... - 11/25/07 09:09 PM
So, what does that mean? First, let me toss out the original story.
Daily Real Estate News | November 21, 2007 Home Starts Up, Mostly Due to Multi-FamilyU.S. home builders broke ground on more apartment buildings in October, driving housing starts up 3 percent to an unexpected seasonally adjusted rate of 1.229 … (5 comments)

investment: So, he's hit the "But that's the way I want it to be" Stage - 11/18/07 11:40 PM
Many of you might know that I have a three (and a half) year old son.  He has graced a variety of my posts, and is one of the primary inspirations for me being in real estate... but I digress...  Often.
So, while it isn't the first time, I wanted to … (9 comments)

investment: New pricing model - 11/14/07 09:20 AM
I'm still out here at the National Association of REALTORS(R) Convention in Las Vegas. So far, it has been a pretty cool experience. Sorry I don't have any pictures, I actually have carried my digital camera with me everywhere... but I haven't even seen the strip. So, what interesting stuff … (2 comments)

investment: Crawlspaces? Save Money... - 11/07/07 10:18 PM
I'm going to deviate a little from my normal pattern here. I just ran across a story (printed, sorry no link) about encapsulated crawlspaces. It was touting the energy savings that could be realized by encapsulating the crawlspace. I have seen some claims as high as 15% savings in heating a … (0 comments)

investment: I'm giving away $1000... - 11/06/07 11:00 AM
...to a Senior at Parkview High School in Lilbun, GA.  Now we just need to see who it is.  Sometime next week I hope to announce the details, but I have decided to offer a $1000 scholarship for a graduating Senior at Parkview HS.  I hope that I am able to … (4 comments)

investment: The New (real estate business) World Order - 10/17/07 03:18 PM
Real Estate as a business is changing all of the time and on multiple fronts. Whether one is an agent, buyer, seller, investor, or support person there have been many changes over the last several years, and there will be many more changes. For buyers, the biggest change is the greater … (0 comments)

investment: Market update for Gwinnett County, August 2007 (revised with notes) - 10/17/07 01:03 PM
I need to change the format on these numbers just a bit.  I have been trying to put out the market report around the 15th of the month for the previous month (10/15 for Sept., for example).  However, the numbers have been changing so dramatically that I am seeing changes … (0 comments)

investment: What Technology is absolutely imperative? - 10/12/07 11:54 AM
I'm (still) in the midst of writing my technology plan.  Of course, the options are daunting and plentiful.  I have adopted some technologies, but even those are going to require me to get real training to fully implement.  Keep in mind that I work primarily from home, and only visit my … (16 comments)

investment: If you lived here you'd be drag racing... or rock crawling... or road racing! - 10/09/07 10:12 PM
I just answered a question on another board about marketing a drag racing track that is for sale.  I just couldn't help but hit a flight of fancy over it.  I started to think of some of the unique, but also fairly popular concepts that I have run across over the … (19 comments)

investment: X Prize - 10/03/07 12:38 AM
So, how many of you have heard of this?  The X Prize. 
Back when I wrote the A-Z series, it was my back up plan for the letter X. Currently, it doesn't have much relevance to real estate, but one day it might.  
The original X Prize was $10,000,000 to be … (4 comments)

investment: It's about the Garage! - 10/02/07 01:20 PM
I just had the opportunity to wander through the October issue of REALTOR(R) magazine.  Cars and Cable caught my eye (pg. 14).  As I had previously mentioned in a blog post in July, oversized garages made a pretty good showing.  Second place.  
Now, before you go gloating about second place, keep … (13 comments)

investment: Imputed income - 10/01/07 11:08 PM
Familiar? 
Let me give you a quick idea of what it is.  Keep in mind that I am not a tax professional, or a lawyer... just a real estate agent. 
I guess the easiest way to say it is that it is phantom income.  For our current purposes, let's look at … (2 comments)

investment: Tuscany condo in Mid-town Atlanta - 09/28/07 01:29 PM
Soon to hit the MLS, you saw it here first...
This is a great 1 bedroom/1 bathroom condo that also features a den/office.  With 966 square feet (tax records) of interior room, and a 103 square foot patio (builder's plan), there is more space than in other 1bd/1ba floorplans. 
This is a … (4 comments)

investment: What are we doing here? Looking at the housing landscape... - 09/21/07 01:15 PM
This morning, the NAR kindly sent me this little update through the Real Estate Insights eNewsletter.  It explains, quite well, the steps that we will need to move through before the market stabilizes, both locally and nationally.  And then, this afternoon, in my REALTOR(R) Magazine Daily Online, I got this story.  … (2 comments)

investment: What is a Seller's Market - 09/21/07 10:53 AM
I previously covered Buyer's Markets and what they meant for both buyers and sellers.  Feel free to look over that blog entry in conjunction with this one. 
Before I dive into talking about a Seller's Market, I want to cover a neutral market very quickly.  When there isn't a Buyer's Market … (4 comments)

investment: What is a Buyer's Market? - 09/20/07 08:50 PM
In real estate, as with other sales markets, there are three phases to the market.  There is a Seller's Market, Neutral Market, and the subject for this post, the Buyer's Market.
For most markets, and most price ranges right now, we are in a Buyer's Market, but what does that mean?  You've … (2 comments)

investment: Market update for Gwinnett County, August 2007 - 09/18/07 11:12 AM
It time for me to make my prognostications for the coming market, while recapping that which has happened. Please keep in mind that even on the 18th of September, the numbers for August WILL change.  I will come back and correct them before posting the October results.  I originally posted … (2 comments)

investment: Z is for... - 09/17/07 10:20 PM
Z06 Corvette, Nissan 240Z, Z28 (1LE!), Zamboni, Zagato, Zonda, some other fabulous car beginning with Z....
No.  
Zillow.  I mean really, this is a real estate blog.  How could I go through the alphabet and not hit Zillow for Z?  If you don't know what Zillow is, go ahead and Google it... … (12 comments)

investment: P is for Pictures - 09/06/07 02:16 PM
If your listing doesn't have good pics, you'd better make it REALLY cheap.  REALLY, REALLY cheap. 
84% of buyers these days start their search online.  They aren't looking for prose.  They want pictures.  They want lots of pictures and they want those pictures to be good.  If there aren't good pictures … (5 comments)

investment: M is for Maintenance - 09/05/07 10:02 PM
Here is a loaded term for a car guy.  Maintenance.  We do it for our rides, and just about nothing can stand in the way.  I've known guys that bordered on religious about changing their own oil.  I've seen them pull into a rest area along the interstate, slide under the … (0 comments)

investment: L is for Loft - 09/04/07 11:03 PM
Did you see that one coming? 
Back in my pre-real estate life, I was a photographer and assistant.  While working with one of my photographer clients, I had an opportunity to view one of the coolest lofts I've ever seen.  It was probably around 1994 or so.  At that time, the … (5 comments)

investment: K is for Knockdown - 09/03/07 02:59 PM
So, Bunky, life got you down?  Are they building "McMansions" on your street?  Do you have the smallest house in your neighborhood?  Do you think it's time you sold your older home?
Let's look at this a little deeper.  
First, if this is the situation, your house would probably be considered a … (5 comments)

investment: I is for Inspection - 09/01/07 12:25 PM
This is going to be about the shortest post I've ever written...
Get a home inspection.   Don't bring over Dad, or Uncle Buck, or even Cousin Vinny thinking that they can do just as good of a job.  Even if they have the skills, if they aren't a certified home inspector, … (0 comments)

investment: G is for Garage - 08/31/07 11:00 AM
Could it really be about anything else?  I am a garage specialist, so of course not.  
First, let's get this out of the way.  Single car garages are made to store lawn tools and maybe a motorcycle.  Two car garages are the minimum an auto enthusiast would consider.  Three car garages … (3 comments)

investment: F is for Foreclosure - 08/31/07 09:20 AM
This entry will have two distinct parts.
Part I
If you are a seller, or thinking about selling because you are in financial trouble, STOP.  Examine what you are doing and why.  Examine all of your options.  Talk to a credit counselor, like CCCS in Atlanta (no experience with them personally, but Clark … (0 comments)

investment: D is for Due Diligence - 08/29/07 03:48 PM
Welcome to part four of my A-Z journey through real estate.  Of course, this isn't a definitive glossary of real estate terminology, techniques, strategies or idea, but rather just a few answers to questions.  Of course, for every question that gets answered, at least one new question is raised.  I guess … (0 comments)

investment: A is for Appraisal - 08/27/07 10:42 AM
An appraisal is simply an estimate of value made by a certified appraiser.  That is all...
However, there are a few other terms that are often used (wrongly) as interchangeable with appraisal.  Other value estimates, such as a BPO or CMA are often confused with appraisals.  While all three aim to accomplish … (0 comments)

investment: Real Estate Investing 203 - 08/22/07 05:24 PM
Back in Real Estate Investing 101, Part II, I briefly mentioned "Shifting Classes" after the Buy & Hold strategy.  There are a few different ways to shift classes and uses that can build value for investors. 
Residential to Commercial
One of the most common ways to increase value while … (2 comments)

investment: Want to sell your house to an investor? - 08/21/07 11:31 AM
I get the occasional call from people that have a house they wish to sell quickly.  Often, the home is in less than optimal condition (sometimes heinous is a word that creeps into my mind).  They range from estate sales to pre-foreclosures to rentals that the owner doesn't wish to handle … (3 comments)

investment: Real Estate Investing 301, Part II - 08/17/07 09:25 AM
Real Estate Investing 301Part II
 Link to Part I
Advanced strategies
 
Strategies for selling hundreds of properties
 
For most buyers, holding the properties isn’t the option that they are looking for.  Turning the properties is the goal.  Generally, there are a few different strategies that sellers use to dispose of … (0 comments)

investment: Real Estate Investing 301, Part I - 08/17/07 09:16 AM
Real Estate Investing 301
Advanced strategies
 
In Real Estate Investing 101, Part I we covered buying a house to resell for a short term profit, while minimizing risk and making it happen fast.  We delved further into flipping in Real Estate Investing 201.  In Real Estate Investing 101, Part … (0 comments)

investment: Real Estate Investing 202 - 08/15/07 06:33 PM
Real Estate Investing 202
Digging a little deeper in Buy and Hold strategies
 
In Real Estate Investing 101, Part II, we covered buying and holding property for long term appreciation and wealth building.  This is by no means a get rich quick scheme, but is one of the most … (1 comments)

investment: Local Real Estate Forum for Buyers, Sellers, Investors, FSBOs and others - 08/12/07 06:59 PM
You know, every once in a while, I have a "duh! Hello!" moment.  Today was one of those days. 
Back at the beginning of the year, one of my mortgage brokers and I built a forum on my website.  Our goal was to provide an arena for buyers, sellers and investors … (2 comments)

investment: Market update for Gwinnett County, July 2007 - 08/10/07 04:33 PM
Gwinnett County sales comparison for residential real estate. 7/07
 
It time for me to make my prognostications for the coming market, while recapping that which has happened. Please keep in mind that even on the 10th of August, the numbers for July WILL change.  I will come back and … (0 comments)

investment: Eminent Domain Abuse... - 08/09/07 04:33 PM
This should be one of the keystone and defining issues for the NAR.  I know that the NAR and some of the state associations are working (too) quietly to curb governmental abuses of the Power of Eminent Domain. 
If you are unfamiliar with Eminent Domain, it is the power that governments … (2 comments)

investment: OK, I said this a month ago!! - 08/08/07 09:13 PM
I just got today's REALTOR Magazine Online Daily Update.  This was one of the stories that was featured.  It is about how foreclosures are up.  They make up 10% of the listings in CA, as opposed to 1.7% last year.  But, at the same time, distressed properties aren't listed at much … (0 comments)

investment: Luxuries for Entry Level Buyers? - 08/06/07 07:08 PM
I was out today with a client looking at entry level homes.  One of the homes we looked at turned out to be a seemingly under-priced townhome.  This wasn't of interest to my client, but it did have some interest for me.  But, it got me thinking... (regular readers will recognize … (4 comments)

investment: Cool Garage Toys - 08/04/07 12:36 PM
Since I am an admitted garage guy, I obviously like the toys that go into a cool garage. 
OK, the ultimate garage toy is a really cool ride.  Street rods, sports cars, racers, Jeeps, 4x4s, even boats and other things are the ultimate garage accessories.  But, what goes into make a … (1 comments)

investment: Real Estate Investing 201 - 08/03/07 10:05 AM
Digging a little deeper into Flipping
In Real Estate Investing 101, Part I, we covered buying a house to resell for a short term profit. In this lesson, we’re going to delve a little deeper into flipping, run a scenario, and examine ways to maximize profit, while minimizing risk and making … (0 comments)

investment: Cobb County restricts population density in homes - 07/31/07 02:28 PM
I just saw a clip on Fox News (please don't whine about the source) that Cobb County has passed a new regulation limiting the number of adults living in a home.  The basic restriction is that there needs to be 390 square feet for each adult.  They also limited the number … (4 comments)

investment: DeKalb County Limited Building Moratorium - 07/31/07 09:41 AM
I just received this from Jenna Graber, the DeKalb Association of REALTORS PR person.  It was forwarded from the Greater Atlanta Home Builders Association.  Quoted as follows:
On Tuesday, July 24, the DeKalb County Board of Commissioners adopted a 30-day moratorium on the issuance of certificates of appropriateness, land disturbance and building … (0 comments)

investment: Hello, Media... Are You Listening? Real Estate is LOCAL. - 07/25/07 03:12 PM
How many times do we have to hear that the housing market is doing one thing... and that must mean that the whole market is doing the same thing? 
When the price of a barrel of oil goes up, it is a singular commodity moving.  While there are different grades of … (8 comments)

investment: What is going to happen to interest rates? - 07/23/07 01:26 PM
OK, the water is chest deep now.  I started wading in here, and I just don't know when to stop. 
So, what do I see happening with interest rates?  Overall, I see them going down.  But, I think they'll go up first.  Was that vague enough that I can claim victory … (2 comments)

investment: Are we on the edge of a calamitous housing bubble? - 07/23/07 01:05 PM
Boy, am I going to wade into it this time...
I was wandering through the FOXNews Real Estate section, and came across this feature story.  Reading this, one would think we were seriously in trouble.  "... from San Francisco to San Diego — is predicted to decline 50% in the next five … (6 comments)

investment: Repairs, Improvements, Upgrades and Resale - 07/17/07 10:29 PM
After posting up about What buyers are looking for yesterday, I got to thinking about an article I wrote on my website a couple of months ago.  I thought it might go well here also.  It is a little more specific about what I am looking for when I am looking … (0 comments)

investment: I stand corrected. - 07/16/07 07:31 PM
I have been preaching about how a home's value is never related to the needs of the seller or buyer, but rather it is wholly dependent on what the market will bear (a price that a buyer and seller are willing to both agree upon, without extenuating circumstances).  Well, I just … (1 comments)

investment: Lessons from driving school, Part II - 07/15/07 07:22 PM
The other major concept I learned in driving school had to do with the level of performance.  This is less directly applicable to the outside world, but actually more of an all encompassing concept.  
There are four levels of competence/performance. Let's start from the bottom.
Imperfect/Unconscious (I/U).  Basically, I'm doing it wrong, … (0 comments)

investment: Lessons from driving school, Part I - 07/15/07 07:00 PM
I ran across something earlier today that reminded me of driving school and the life lessons that I picked up there. 
When I was a bunch younger, I went to a few high performance driving schools.  They were great learning experiences, and the people that taught were amazing coaches and motivators.  … (0 comments)

investment: Agent as Buyer - 07/12/07 02:41 PM
Today's blog will be looking at things from a little different perspective. My wife and I are thinking of buying a new house.  So, we've been out looking at houses.  It's tough.  We like our house (like, not love) and we really like where we live.  As we look around, we … (3 comments)

investment: Time to Buy? - 07/12/07 02:31 PM
Time to Buy? It's a buyer's market. No denying it. Now, Atlanta is not like southern California, or DC, or Boston but it is a buyer's market here. Values aren't crashing. Interest rates aren't skyrocketing. Unemployment is at historic lows. Inflation is under control... for the most part. Of course, to … (0 comments)

investment: Real Estate Investing 101 Part 2 - 07/12/07 02:28 PM
Buy and HoldAnother tool in the bag of the Real Estate Investor is the "buy and hold  option. Buying and holding a property is a longer term strategy. In this case, one is using the increase in values over time, generally in conjunction with rental income, to increase their personal wealth. … (0 comments)

investment: Real Estate Investing 101 Part 1 - 07/12/07 02:26 PM
Real Estate Investing, 101Real Estate investing is one of the best tools to build long term wealth and financial security. About 70% of millionaires in the US built their fortunes in Real Estate, so it is obviously an excellent tool. There are several ways to incorporate Real Estate into one’s overall … (2 comments)

investment: Market update for Gwinnett County, June 2007 - 07/10/07 07:58 PM
Gwinnett County sales comparison for residential real estate. 6/07
 
Here is a look at the residential real estate market for Gwinnett County for the last two years as well as looking at overall trends that will affect investors and “move-up” buyers in the next few months. 
Looking at the … (1 comments)

investment: An unfortunate stereotype, part II - 07/03/07 07:16 PM
I was talking with a lawyer friend of mine, and the previousblog came up.  He relayed an experience to me that he was involved with. 
In another state (thankfully) there was a case with a Broker that sold a house he owned.  It seems that he lied on the property disclosure, … (1 comments)

investment: Back from New Orleans - 06/26/07 09:24 AM
The family just got back from a visit to New Orleans.  We stayed in a rental condo just outside of the French Quarter, near Decatur and Frenchmen streets.  It was a great place to stay.  We spent the majority of our time in the French Quarter.  We did have to run … (0 comments)

investment: I still think it's still a bad idea. - 06/25/07 08:29 PM
Every time I see one, it reminds me of one of those hospital gowns that your butt hangs out of.  Three sides are fine, but that fourth side just isn't making it.  What am I talking about?  Three sides brick homes.
I like brick.  My house is brick... all four sides.  … (4 comments)

investment: One Improvement too many? - 06/22/07 04:40 PM
I was out showing a house to a contractor for a buyer today.  As they toured the house and sized it up for renovations, we spent a lot of time chatting about the market, strategies for prospering, and building wealth through real estate. While I'm not enough of a typist to … (0 comments)

 
Real Estate Agent: Lane Bailey - The REALTOR for Car People (Diamond Dwellings Realty)
Lane Bailey - The REALTOR for Car People
Duluth, GA
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Diamond Dwellings Realty

Office Phone: (678) 279-4700
Cell Phone: (678) 200-5895
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