In 2012 I’d predicted a real once per generation buying opportunity. Now I have the spreadsheets from client deals to back it up. Further, take a peak at this: So, after you re-read the old article from 2012 here: Real Estate May Be The Buying Opportunity of the Decade Posted on November 14, 2012 Let … More Investing: then and now
Standard deduction – way up. Itemized deductions – far less valuable. Misc employee exps – gone. State/local & property taxes capped at $10k total. Planning point: move expenses to other places or eliminate them because they have less/no value. LLC’s, S-Corps, Partnerships enjoy new 20% deduction. Planning point: How you hold your property investments can … More New tax law – new strategies.
Short sale? – buyers beware!! Meet & Discuss Further <|> Share Your Wish List easy, quick, predictable, a sure possibility of condition of property or title history, etc. NOT In fact, here are some excerpts from a disclosure for buyers. I think it says it best: ‘…. If you will be frustrated beyond the savings … More ‘Short Sale’
That’s an ‘uuugly house’. It was my 2nd investment & I was a 20 y.o. junior in college. It was also the highest ROI realty investment I ever had! Market Value = house specific, current, based mainly on aesthetic appeal (new kitchen, wonderful yard, location, etc.) Assessed Value = neighborhood average, historical (old), based mainly … More Value: Assessed, Market, ‘Zillow’, Taxable
How she made a Million Dollars recycling homes – 35 years ago! I drove to NJ in the 80’s, studied her techniques, and have shared them with clients for 3 decades. … More When to hold a rental, when to flip a house.
What kind of ROI to expect with your ‘Fixer Upper’ when you use Anibal Affiliates Inc. RealtyNetWorth a Professional Mentor. … More What kind of ‘Fixer Upper’ ROI is possible when we’re your Portfolio Brokerage Mentor?
Jumping into investment real estate this year ? Good info with a quick easy read, my basic criteria for useful information: Here’s a huge oversimplification of the article links shown below: ROI – your rent should be at least 1% of the purchase & set-up cost of your rental. e.g: You paid $85k to buy … More Rental house ROI & remodeling budgets
Investing in property ? Like Chip & Joanna Gaines of Fixer Upper, I recommend you seek wise counsel ‘and all these things shall be added unto you’ says Biblical scripture. When there is more that 1 person as part of the buyer / seller / ownership package, I take just as seriously the ‘non-financial aspects’ … More Like Chip & Joanna Gaines of Fixer Upper, remember to seek wise counsel.
Those flipping TV shows can’t be wrong, can they ? Oh my. If only customer/clients realized they are buying a house, not a candy bar. (photos of actual house shown to client). “If it was that easy…” right ? Here’s some of the better article excerpts I’ve found. Property taxes, utility bills and assessments are … More Real estate auctions, can you trust them
This is the story of 2 types of investors and 2 types of investments. After reading, tell me if having a seasoned long term hands on skin-in-the-game professional in your back pocket is useful. Fair enough ? 2 Investor types: Knows when to cut bait Holds on until value is all gone, damaging credit. 2 … More The tale of 2 houses, aka: WHEN to cut bait.
How she made a Million Dollars recycling homes – 35 years ago! I drove to NJ in the 80’s, studied her techniques, and have shared them with clients for 3 decades. … More She made a Million Dollars recycling homes – 35 years ago!
So what can one actually expect when they purchase an ‘in-place’ real estate investment ? Well here are actual numbers of the highest and lowest producing properties that we’ve set up and mange for active client portfolios. Clients, request a copy of the below spreadsheet to compare your investments against each other – it will … More The results are in …2015
House Flipping and Rental results for 2016 from Professional Portfolio Real Estate Mentor … More The results are in … EOY 2015 ‘Fixer Upper’ Return On Investment
Often there are some seemingly good deals you may see either in the MLS ( Realtor.com ) or on HUDHomestore.com. Sometimes they appear on one but not the other. There are general guidelines: Most often the deed listed buyer must occupy for at at least 1 yr and cannot buy another for 2 yrs. subject … More What about HUD homes ? Investor vs Owner Occupant
Home prices in those areas fell about 40 percent on average from their highs, peak to trough, Rood said. And inventories are the tightest in Detroit compared with the other cities listed in Rood’s top five. Detroit only has two months of inventory available for sale, while there’s about seven months of inventory in … More Surprise! Detroit among the best housing markets to invest in
Here’s the bullet points: Flipping is risky business. Just two years ago during the January-to-June period, flippers lost an average of $13,206 per home. Last year they turned an average profit of just $5,321. And although flipping continues to increase in the nation as a whole, activity dried up along with the bargains in 32 … More Flipping profits more than triple from 2012
……If you think rapidly rising home prices is a good trend, you might want to think again. ………….Institutional buyers are beating owner-occupied traditional home buyers to the market. With gigantic hoards of cash at their disposal they are buying distressed properties, mostly those in foreclosure or through lender facilitated short sales, one at a time … More Institutional buyers are buying distressed properties,…gigantic hoards
Did you know that March is the #1 month for buyers activity ? June is the #1 for sellers listing…what does this tell you ? The prudent seller may wish to clean house a couple months sooner to get top dollar. Example of some of the deals out there. http://www.realtor.com/realestateandhomes-detail/4751-Fiddle-Ave_Waterford_MI_48328_M30850-62286?source=web X
Not formally listed/ not in MLS, here’s a ready to go set of rental homes in good condition with a long history of care and occupancy. Contact for showing and cash flow information. REAL ESTATE DEPRECIATION Acquired Rented for: Taxes yr.mo FLINT ADDRESS RENTAL Portfolio —— —— 149 Linsey Flint Aug-87 3368 Springvalley o/s Apr-88 … More 10 Rental Home package coming to market
You want to invest but are afraid you won’t get paid. You also realize that a lawsuit against that mean `ol landlord can make the most honest look for ways to sue. Enter the Self Directed IRA. Lets summarize: Concerns: Not get paid Lawsuit lightening rod Strategies: Have prospective tenant get a Section 8 commitment … More Investment Landlording Concerns