This was a really interesting deal. It was a two house deal. The houses were on a very busy street, next door to a marijuana dispensary. The houses were side by by side and in great shape.
I offered low on these MLS listed properties and we negotiated a workable price over the last 30 days. I got them under contract and made a couple of calls, I really did not think I would be able to move these properties but I know from experience that you just never know. One buyers nightmare may be another buyers gold! If I don't try then I have ZERO chance of making any money. If I wait for the perfect deal and over analyze the thing I have no chance of making money.
$12,000 fee on contract assignment!
March 31st, 2014 | posted by michaelmanghamThis Week's Short Stories
March 28th, 2014 | posted by DG_ModDecember Home Sales Drop Sharply
Housing sales in December dropped 7 percent nationwide on declining demand in December.
Many Renters Want to Buy
Even though millions of renters say they want to buy a home, three factors are keeping them from doing so:
1. Limited supply
2. Rising prices
3. Tough lending standards
There’s not a lot of information out there to indicate any changes in these trends for a while.
Borrowers Focusing on Mortgage Payments
While their focus may have waivered while the housing market crashed, home owners are now concentrating more on paying their mortgages than their credit cards.
How to Market on the Web with Results
March 24th, 2014 | posted by DG_ModLet’s start right out by saying that you normally get what you pay for. All of the hype you’ll read from Internet marketing gurus can lead you to believe that all you have to do is “build it and they will come” when it comes to a website. Sorry, but a recent estimate found that there are around 650 million websites, and that those have more than 4 billion pages/articles. Those numbers don’t really tell us the whole story, as Facebook is just one website, but it has a whole lot of information for billions of users.
Dean's Newest Huffington Post- Check it out!
March 21st, 2014 | posted by dgadmin2Dean's NEWEST Huffington Post article is up! -- When Real Estate Investing Really Sucks...
Don't forget to comment below and let me know what you think.
http://www.huffingtonpost.com/dean-graziosi/when-real-estate-investin_b_...
Another deal DONE !!
March 18th, 2014 | posted by Jay SthilaireIt's better to have a PIECE of the pie than NO PIE AT ALL:))
What I mean is sometimes we think a deal is dead in the water but we are in control of every deal by the decisions we make. We make a deal or we crush a deal. The questions we ask ourselves when at the end of a negotiation determines the outcome.
How to Predict Real Estate Prices - Maybe
March 12th, 2014 | posted by DG_ModAn article this week over at Norada.com by David Campbell speaks to his methodology for predicting real estate prices. His concept of course takes the supply/demand influence into account, but he throws in something else … “capacity to pay.”
Demand Factors
Population growth fuels demand for housing. Job growth fuels population growth. This is true for the vast majority of normal market areas. However, in vacation and resort markets there is outside money in play. The money to buy in these markets comes from other areas. When job growth is stagnant in most areas, you can still see housing price increases in markets that enjoy outside money influence.
Supply Factors