Donna & Larry Johnson's (elbow3140) Blog

Foreign Nationals Scoop Up DealsForeign investors are swarming Miami, buying up property and paying with cash. Individual investors from Argentina, Canada, Columbia, France, Israel, Italy, Norway, and Venezuela are investing in what they see as a fire sale of U.S. property. "I have never seen suc...

Affordability at "Record Highs"A report from Beacon Economics said home affordability has reached "historic highs," with home prices down by 25 percent from their 2006 historical peak. The Beacon Economics Home Affordability Index reported August homes were at their most affordable level since da...

Foreclosure-Gate UnfoldsJust what the housing market needed, another crisis to deal with. We have already dealt with so many aspects of the housing crisis, from tighter credit to falling prices and foreclosures, it does not seem fair to pile another challenge into the equation. But it is what it ...

FARMING STRATEGIES Here is the  system and what to send The best part of farming is that it's scalable.  The best way to do this is with automation, here's how: Choose your farm Upload your database to an online printing company Have your monthly postcard designed by the online printing company o...

FARMING STRATEGIES A "Return on Investment" formula for determining your farm. Based on previous assumptions, here is what we know: You agree to spend $6,000 annual investment for farming material and postage There is $975,000 of potential income to be realized. You must produce a consistent (One...

Your Real Estate Purchase: Cash and Carry?In today's environment the number of "all cash-deals" are increasing as compared to the overall number of real estate transactions in the United States. Why is that so? Well, there are several reasons. For one, lenders have tightened up on credit requirem...

FARMING STRATEGIES The essential numbers you should measure before picking a farm. Here is an example of the analysis you need to do prior to choosing your farm. Assumption:  $975,000 average sales price Number of homes sold in the last 12 months:  20 or a total of 40 sales sides (20 buyer sides ...

This Environment Gives Everyone an OpportunityDealing with the DoldrumsThere is no doubt about the fact that we are in the midst of an unprecedented economic slump. Last century we had the "Great Depression." This century is only one decade old and we already have the "Great Recession." For many ...

Freezing foreclosures? What does that mean? NEW YORK (CNNMoney.com) -- Halted foreclosures? Robo-signers? Shoddy paperwork?The foreclosure crisis has entered a new phase, with at least three major banks halting foreclosure proceedings and sales in nearly two dozen states. One just expanded the b...

FARMING STRATEGIES Here are the first steps in setting up your farming program, the selection  and the implementation of your system. The biggest mistake I see agents make in farming is choosing a neighborhood without a scientific approach.  What do I mean by scientific approach? You need to rese...