Archive for the 'Investment Property' Category

Economic Stimulus and Housing.

Jen Hudson, GRI -

Economic Stimulus and Housing. by Jen Hudson, GRI
 
How will another economic stimulus package effect home sales?  According to National Association of Realtors Chief Economist Lawrence Yun, he says it is worth 7 percentage points.  Let’s explain what that really means. 
 
While I haven’t counted the numbers yet, we should finish off 2008 with somewhere around 5 […]

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The Reality of Real Estate Today.

Jen Hudson, GRI -

I saw this article and thought it was a perfect description of what we’re experiencing today.  It’s written by Brian T. Larrabee, the founder of Estate of Mind, Inc.

The housing market right now is like a boxer whose face is covered in blood.
 
Underneath the mess, however, is a far less than life-threatening cut. Only the sweat of […]

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Be the Bank.

Jen Hudson, GRI -

 
Let’s admit it.  Making money in real estate during times of appreciation and free flowing financing does not take skill, negotiation or fluent understanding of the market.  For the last decade, you could have pretty much bought something with your eyes closed and still made money the next year.  Did you notice that “real estate […]

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Not What You Thought? Considerations You MUST Make Before Investing.

Jen Hudson, GRI -

Not what you first thought?  Considerations you MUST make before investing. 
 
Investing in real estate can certainly be a lucrative investment, but only when done right!  The flip side of that is that it can also turn out to be not only a financial nightmare but a huge burden emotionally when done wrong.
Before you even start […]

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Be a Savvy Loan Shopper.

Jen Hudson, GRI -

 

Be a Savvy Loan Shopper… by Jen Hudson, GRI
 
 
When buying a car, you want go out and compare the best deals available, right?  If you 
find a car that is a “steal,” then you know you should look a little closer at the details and 
ask why.  Are they offering a warranty, a dealer incentive or maybe […]

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Don’t put all your Eggs in One Basket.

Jen Hudson, GRI -

 
Now is the perfect time to consider investing in the real estate market.  But, you should NOT just run out and buy the first property that comes along.  There is some planning that you should do first.
With that said, don’t put all your money into one basket.  In order to invest smartly, […]

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Foreclosures. How long before it’s mine? (Part 3)

Jen Hudson, GRI -

If you are considering buying a property at a tax foreclosure auction, there are many RISKS you should be aware of.  Remember, auctions are BUYER BEWARE sales.  I can’t stress that enough.  The County will make no representation about anything regarding that property, so it’s up to you to deal with […]

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Buying a Foreclosure? Think First. (Part 2)

Jen Hudson, GRI -

 

There is a misconception out there.  Many beginning investors and homebuyers automatically think foreclosures are a good deal.  Unfortunately, I’m here to tell you they rarely live up to the “hype” and they are certainly not easy. 
Sellers who go into foreclosure will stop making payments for a variety of reasons.  There […]

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Foreclosures. It goes back to supply & demand (Part 1)

Jen Hudson, GRI -

Think about it this way.  Real Estate is all about supply and demand.  In my area, almost all short sales and foreclosures are listed through our multiple listing service.  These homes are available on the market, just like all the other homes in the area.  Good investors do not like to get […]

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Investors. Don’t Get Stuck in the Dark. (Part 5 - final)

Jen Hudson, GRI -

To wrap up this series on investment properties, let’s take a look at some final pieces to keep your investment an investment.  If you haven’t read previous articles, start here for some worth while information on how to look at investing.
Investment-Income Producing Properties are a wonderful thing to have.  While everyone else is waiting for […]

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