Now that I am 63 years old and there are fewer days ahead then there are behind, I can see the results of a lifetime of work. And I wondered, what advice would I give my kids who are just starting out so that they could be sure of success? So I boiled it all […]
Which is better – to own an $800,000 house free and clear or to own a $500,000 house free and clear and 2 rental properties? That depends – your answer will vary according to your age and your goals, so let’s step back and take a “big picture” look of how real estate works. With […]
Today’s competitive bidding for homes sure is a challenge! If you’re constantly losing out then you need to take a fresh look at how you’re going about it. There actually are strategies you can use to win in a multiple offer situation, and I don’t mean overpaying. Remember when new home builders maintained a list of buyers […]
We’ve seen a big increase in the number of San Diego homes being sold as investments to people with money to invest. What’s going on? Let’s go over a few reasons. 1. The FED’s zero interest rate policy is causing people who live on interest from their savings to look for a reasonable rate of […]
Boy I wish I had a nickel for every time someone used this word when trying to buy a bank-owned property or a short sale, or even when getting a loan. You will want to use this word many, many times when working with a bank, and yet it is the word you should never […]
HOME SALES UP, PRICES DOWN IN 2011 Single-family, re-sales home sales were up 2.5% last year in San Diego County. Unfortunately, after a nice gain of 7.1% in 2010, the median price was down last year. The median price for homes dropped 5.3%. The average price dropped 3%. Condo sales in the county were down […]
I’m often asked, “What is the best real estate invesment in San Diego for cash flow?” This video will answer that questions for you!
How’s the real estate market? Well that depends – are you thinking about buying, selling, investing, or renting? I’ll answer that question in a minute, but first let me bring you up to date. Crystal and I now work with Coastal Inland Properties, a small boutique real estate firm in Carlsbad. Our old RE/MAX broker […]
Some common sense ideas about real estate investing.
If you’re thinking about buying a condo, you should be aware that FHA has tightened their requirements for condo approval. That means that a condo association must be well-run before they will make a loan in that community. Some of the new guidelines are: –All units and common elements must be completely built. –No single […]