2007 April | Real Estate Investing Blog
Right now I’m up in Bend Oregon looking at potential real estate investment properties. I drove up here from San Francisco last Friday and will be here until the 28th. Oregon has really boomed (especially Bend) over the past several years and it shows. I remember coming up here years ago and seeing single family homes going for $250k. Now the same style is going for $450k. Read more
For the past many years, real estate has provided a hefty return for those who got involved early enough. Real estate has appreciated 12.4% annually between 2001 and 2006, according to the S&P/Case-Shiller U.S. Home Price index. That beats out stock prices, which gained only 4.3% a year as measured by the S&P 500. Read more
I received an inspiring email this week from somebody we’ll just call Jack. Jack is a senior in college and already reading up on real estate investing (very nice) and has the passion and motivation to take the next step. He’s asked me for help and doesn’t quite know where to start so I’m going to answer his questions within this blog post.
His email goes as follows: Read more
If you come across an “investment” property for sale ad on the internet or in the newspaper, there’s a good chance this person is interested in buying property too. Usually they’re running the ad because they need to free up some equity to finance another deal.
Take this opportunity to contact the person listed in the ad and explain to them you’re also a real estate investor. They might have some deals they don’t want or not enough cash to purchase which is great for you. On the flip-side, you could provide them with some “bird-dog” information as well. Read more
Some of you may have already heard about this but Donald Trump has done it again. He broke ground on a luxury condo hotel resort in North Baja, Mexico and his buildings will be the tallest on the entire Baja.
In fact, the first building, called the Lobby Tower, set a record for the highest single-day residential sales in Mexico at $120 million. While those of you who acted quickly were able to secure units, some of you were shut out, and the least expensive units were, of course, the first to go. Read more
There’s a site out there called CRE Online which is a great free resource with a wealth of information at your fingertips. They provide real estate investing articles written by the most successful investors in the country.
Some of the writers on this site try to plug their books, others are just offering up free information from their past success. Either way, it’s a site worth checking out. The site is in dire need of a redesign (it’s circa 1995) but some of the content is golden.
There are literally dozens of ways to find motivated real estate sellers but to get your feet wet, I’m going to list five quick ways to find a real estate deal. Most people will read this list and say “yeah right that won’t work” but I’ve followed these techniques and it actually does work.
What do you have to lose in trying anyhow? This gorilla marketing approach gets your name out there and begins your lead generation campaign and gives you on the job experience. Read more
Besides being a technology guru, I’m an SEO (search engine optimization) professional and also real estate investor. It’s not very often you find a combination of skills that entail technical expertise and real estate knowledge but I found someone else who possesses a similar skill set.
Dustin Luther over at www.raincityguide.com impressed me with one of his posts about how important inbound links are to a site. It’s a very helpful article and I urge you to read it if you’d like to better understand how SEO works.
For those of you who do not know much about SEO or inbound links let me quickly clarify. Read more
With the recent changes in technology, there is a big change coming in the way real estate marketing is done. Right now, Realtors have been very slow to adopt new technologies and that’s a mistake.
How powerful would it be for a real estate agent in a city like Las Vegas to set up their own web site explaining the current industry trends, home values, local neighborhoods, or other information of interest? Sites like zillow.com are great for providing you with high-level information about home prices but still lack the “bird dog” like information that a local Realtor would have great insider information about. Read more
For those of you interested in investing outside of the US, I’d recommend checking out a cool new European property search engine called Properazzi.com. This site collects listings from thousands of websites and presents them in a simple Google map sort of way. This clever play on words website currently boasts over 1.8 million properties listed in 45 European countries.
Find your dream second home or go global with your real estate investing plan by using this cool property aggregation website. It costs nothing to use and would be a great excuse to find a potential investment property to fly out and see and write off the whole trip!
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