RECENT BLOG POSTS
So, after arranging my calendar to be in the community around lunchtime, I arrived about 11:30. The neighborhood/community of a little over 2,000 reminded me of a beach community(without the beach). There was a great mix of properties in the area: a geodesic dome house, some older, “long-time liv...
10/05/2009
As a property scout for a large SFR real estate investment & holding company, I get to see, feel, and touch areas of the San Francisco Bay Area I’d otherwise never see or even know existed. What brought me to this particular property was a targeted MLS search that looked interesting. On a daily b...
09/23/2009
This is a NorthPoint spin off. This service will be nationwide soon. One of the goals is to eventually displace Case/Shiller as the "go to" source for the media, et al to get news on what the real estate market is doing in the thousands of micro-markets, not just the 20 ubermarkets Case/Shiller...
06/23/2009
We knew we had a great property but we were very surprised that we received 10 offers all well over our asking price. This was on a SFR in Patterson, CA. Our research showed a strong rental market for this product that was selling for $500k+ at the peak of the market. The replacement cost is m...
05/14/2009
Why? It certainly wasn't due to a shortfall of inventory choices. It certainly wasn't due to interest rates being too high. I think it was a combination of: Fear that prices would continue to go lower, and Banks changing lending practices limiting buyers ability to borrow. This kept buyers from b...
04/24/2009
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We were having our weekly meeting the other day and this topic came up. I thought it was interesting. Are we in the middle of a cycle? Or is this a full blown reset of current economy and the way we know it? If the best advice is to invest in the valleys and troughs of a normal business cycle, ...
04/09/2009
Over the last two years one of the biggest reasons give for not moving forward with a purchase is the, "I want to wait until prices go down further". This may sound valid to a point but when you consider where interest rates are likely going to head in the next 12 to 18 months, maybe not. Furthe...
04/07/2009
This property is an investors dream. Most typical residential real estate investment risks have been mitigated! Here's why: More than $29k of built in equity mitigates loss of value risk. Tenant in place on a year lease mitigates lease-up fees & rent ready costs. Cash flow positive on 30 year f...
04/06/2009
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Check this out, we are putting on two free educational webinars. If anyone has an interest in either of these areas please register. This is a great way to get direct information from experts on either topic. All from the comfort of your own home. If you are a realtor and have a referral int...
02/08/2008
Seeing this graph inspired me to post again. It is the Private Mortgage Insurance (PMI) Risk Index for 2008-2009. This kind of puts the "lie" to the media's continued reporting of a "national" housing crises. PMI basically insures risk. They understand risk. They forecast risk. If they ...
01/18/2008
Real Estate Resources
Sunbelt Network is the largest business sales & acquistions company in the world. Sunbelt assists individual, companies, private investment groups and others sell or acquire business. Sunbelt does for business owners what real estate agents do for property owners. We want to be a resource for ActiveRain members who run across a business sales opportunity but aren't able to handle due to their broker not wanting them or other reasons.