Posts by this contributor:

    Real Estate Investing; Still A Safe Bet!

    May 13th, 2011

    “Real estate investor seeks apprentice, 10k a month.” This might sound familiar to some- the token real estate investing advertisement feeding off the ideas of those wanting a piece of a lucrative industry. And it’s well-founded! Real estate investing is a very profitable business but only to a very lucky few does it come in the form of a simple phone call. Investing in real estate requires knowledge and fervor in order to make a serious return. The savvy investor will take advantage of the tools available and exercise every entrepreneurial bone in their body.

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    Prosperity

    May 6th, 2011

    Some of the most successful people in their fields reveal the best investments a person can make-ones that don’t just add to their bottom line, but also make them a richer person. We’ve all heard the expression, Money can’t buy happiness. Or can it?  Most investors I’ve talked to that have achieved the kind of success I’m speaking of are the ones with this kind of “prosperity”. It’s not just the cash in your pocket that comes from a profitable business, but also the kind of abundance that enriches your life and feeds your soul. And once you get right down to it, isn’t that the kind that really matters?

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    Property Taxes Reach The Breaking Point

    April 27th, 2011

    Property taxes grew significantly in the recession, according to the Tax Foundation. Nationwide, state and local revenue from property taxes totaled nearly $474.2 billion in the 12 months ended September 2010, according to U.S. Census Bureau data, up 38.8 percent from the same period in fiscal 2005. Corporate net income tax fell 10.3 percent in the same 2010 period, while total state and local tax revenue rose 15.7 percent.

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    10 Items That Can REDUCE The True Value Of The Property You’re Investing In

    April 15th, 2011

    1. A pool. Forget what you might have heard. An in-ground pool in most parts of the country doesn’t automatically raise the value of your home.
    Having a swimming pool will automatically limit your market when it comes time to sell, he says. “It’s constant upkeep, they get cracks, when the equipment goes down it’s expensive to replace and the liability is high.”

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    Rate On 30-Year Fixed Mortgage Rises To 4.81 Percent

    April 5th, 2011

    Fixed mortgage rates edged up this week, but even 30-year rates below 5 percent have done little to boost home sales. Freddie Mac said last Thursday the average rate on the 30-year fixed mortgage rose to 4.81 percent from 4.76 percent the previous week. It hit a 40-year low of 4.17 percent in November.

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    4 Deadly Investing Mistakes

    March 21st, 2011

    When it come to investing, we all make mistakes. Luckily, they are usually minor and easy to overcome. But four mistakes are so huge that just knowing about them can add hundreds of thousands of dollars to your personal net worth over your life time. The best part? You don’t have to be an expert to avoid them.

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    ABQ Home Prices Stabilize; Buyers Remain Wary

    March 4th, 2011

    Generally, home sale prices of existing, detached homes appear to have stabilized even though buyers haven’t decided it’s completely safe to come out and play house. January’s median sales price was $172,000, a drop of -0.14 percent from January 2010, while the month’s average was $201,239, or  a drop of -2.13 over the same time.

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    Existing Home Sales Jump 12%

    February 18th, 2011

    Sales of existing homes jumped in December, marking the fifth month of gains in the past six months, based on an industry report released Thursday.

    Previously-owned home sales climbed 12.3% in December to an annual rate of 5.28 million, from 4.70 million in November, according to the National Association of Realtors.

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    Explainng Foreclosure Options to the Homeowner

    February 8th, 2011

    Understanding the different options a seller may be considering is important when negotiating with sellers. Below are the most common options that sellers may address with you if the sellers are either in default or anticipating being in default.

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    7 Reasons To Use A Land Trust

    January 27th, 2011

    The land trust is a very powerful tool for the savvy real estate investor. A land trust is a revocable, living trust used specifically for holding title to real estate. Each property is titled in a separate trust, affording maximum privacy and protection.

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