Real Estate

Where is This Market Going??

These days everyone is asking me about the real estate market and what I think about its future direction. My contention has always been that economic indicators are somehow skewed whenever we have a Presidential election year. The real attitude of the country, state, city, etc. is somehow not fully evident or revealed. I say

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Good Ol' US of A

Witnessing first hand what is happening around the world in the past 30 days or so, I must say I'm delighted to be back home in America! Every time I travel abroad, while satisfying in so many ways, I can't wait to get back home. With all of our problems, we're still the best country

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Take That Step!

Just a few days ago, Felix Baumgartner took action and created history. From 127,000 feet above the earth, he parachuted to earth and was the first person in history to break the sound barrier without the use of any man made propulsion. Felix's historic jump was 5 years in the making and he methodically planned

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Why Are Hedge Funds Buying All the Real Estate in CA?

What does it mean for the wholesalers, fixer-uppers and buy & hold investors? Not only are the hedge funds buying CA real estate, but also the foreign investors, particularly, the Chinese, are gobbling up all the SRFs they can get their hands on. Money is no object and neither is the negative cash flow. It

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An Urgent Appeal from Sam Sadat

Have you all seen the global unrest? How about the state of affairs nationally? Are most people happy where they are mentally, emotionally or financially? How are you doing? Better, happier, more successful? The fact is we're in trouble as a nation. As the gap in income between the rich and the poor widens, both in

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Powerful Lessons to Assure Your Success in Real Estate II

Lesson Two: Did You Properly Inspect Your Property? When you're under contract to buy a house or other types of improvements like units, shopping center, etc., be sure to do a complete inspection by professionals you trust. In addition to foundation/structural issues, roof, plumbing and termite are the most costly to repair. While the first

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Powerful Lessons to Assure Your Success in Real Estate I

Lesson One: Is Your Price Right? Appraising the house you're buying is key to your profitability. Paying for a professional appraisal can get very expensive when you're trying to sort through multiple deals to find your nuggets. Comparing apples with oranges is the most common mistake investors make in evaluating their potential investments.Here's a list

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Rental Housing Boom Set to Explode

Rental households comprise 34% of the housing stock, and are growing at the incredible rate of 1.6 million per year, while owned households are actually declining in number. This is an incredible surge in demand. In our summary of the U.S. housing market, only 20% of renters live in large buildings (20+ units), and the

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Interview with Centenarian Henry Wasserman About Real Estate

Henry Wasserman, our favorite centenarian, talks to Sam Sadat about his long and successful life in general and his real estate experience in particular. It's amazing to hear him talk about his home that cost him $50k to build and decades later sold for over $1.8 million!!

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Two Useful Tips

First: You can always make a less attractive property more desirable by adding cash and or other valuables to the original equity. If you have difficulty selling a property that most buyers find unattractive for various reasons, adding cash to the equation creates miracles. But, there are other “cashables” that work almost as well. Vintage

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