Home flippers reported more gains in 2013 than in any year on record, according to national real estate brokerage Redfin [1]. The average home flipped last year was sold for $90,200 more than it was purchased, and in 11 of the 30 markets Redfin analyzed [2], flippers received gains of more than $100,000 per house. Redfin considers flipping the act of…
[facebook] [retweet] I admit that I am not an expert at a lot of things. Rather than being a jack-of-all-trades and a master of none, I decided long ago to be a master of a few things, while remaining downright awful at pretty much everything else. Some of my shortcomings include singing, dancing, drawing, or…
[facebook] [retweet] You got a great deal on the house from a motivated seller through your creative marketing strategies. Your team did an incredible job of renovating, landscaping, and staging the home and it looks absolutely amazing. The Realtor took beautiful pictures, and along with the description, painted an amazing picture of your most recent…
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury released the May edition of the Obama Administration’s Housing Scorecard [1] on Friday. The government report showed progress, noting growth in key indicators such as increasing equity and a rebound in the sale of new and existing homes. According…
[facebook] [retweet] For the last 11 years I have been involved with real estate in various capacities, including as a realtor, broker, investor, and trainer. I am extremely passionate about what I do and there are few things that give me a greater sense of fulfillment. My business gives me the opportunity to help people. Whether it’s…
I can still remember the first time I heard that little sales axiom. I was working as the V.P. of Operations for a fledgling internet start-up in my early 20’s, and our buyer/graphic designer (yes, employees of cash-strapped dot-com’s had to pull double duty) was on the phone with a supplier out of New York…
[facebook][retweet] Question: What is a Joint Venture & How Do You Form One? Jim S. – Pensacola, Florida The legal definition of a joint venture is, “a commercial enterprise undertaken jointly by two or more parties that otherwise retain their distinct identities.” In real estate terms, it’s simply when two or more investors pool their resources…
[facebook] [retweet] A few years ago, as my wife and I were preparing for the birth of our 5th child, there was a flurry of activity at my home. She was feverishly cleaning and getting things in order, while I was putting together the baby swing and bassinet. And thankfully we got it all done,…
July 4th marks the anniversary of one of history’s most amazing experiments…a little thing we call the United States of America. Never before had a country been formed in such a manner, with individual freedom and liberty as the cornerstone of its existence. We have certainly seen some dark days and very challenging times over the last 230+ years. But…
Some of today’s most prominent thought leaders espouse the idea that fear is the only thing keeping you from success. While that may be true in many people’s lives, fear oftentimes gets an undeserved bad rap. Fear is not always a negative thing, as it’s a mechanism used to keep us from doing things that harm…