Archive
What is a market inversion? Are you familiar with the term market inversion? If not, that’s OK. I wasn’t until recently. But as real estate investors, you need to understand what it is, and more importantly, what it means for the current and upcoming real estate market. First off, let me give a quick overview as to what market inversion is from my understanding, and then I’ll tell...
Do outbuildings go with a property? We had something happen for the first time this month that had to do with an outbuilding located at a property we had recently purchased. It was a great learning lesson, and I’d like to share it with you. The sellers of this house where in distress. They had been relocated for work and had listed their house, but they hadn’t sold it in a timely manner....
A reason why agents forget about investors Ashley and I saw something last month and again this month that we haven’t seen in a long time. While out door knocking on the pre-foreclosures, we saw realtor signs in front of some of the houses being foreclosed on. This happened a lot after the crash. Sellers would try to list their properties to get out from under a mortgage they...
Transactional versus relationship-based deals Real estate deals can be lumped into two basic categories. They are known as transaction-based and relationship-based. Transaction-based deals are the ones where you really don’t meet anyone in person. You buy these properties in places like auction sites, the MLS and foreclosure auctions. This deal type is attractive because, for the...
Did we buy an alligator? Real estate investors are known for being risk takers. As a matter of fact, most of the time the reason an investor gets into trouble is because they estimated too high on what a property would sale for once they fixed it up. The outcome for this speculation is that the investor gets too thin with their numbers and overpays for the property. Be...