Yearly Archives: 1997

SYSTEMATICALLY SPEAKING

It’s just about a year ago. You were thinking of what to buy for Christmas. What about a family present? You figure it out. You’ll get a computer ($2,500). The perfect gift for the whole brood. Educational programs for the kids – included. An all in one word-processing, spreadsheet, and database program plus money management [...]


Valuing Top Dollar Resale for Your Properties

As discussed in the November issue, I receive many of my clients, deals, faxed for my review, on a daily basis. Typically, I am responding back with corrections to two areas: determining their houses top resale value and estimating their necessary repair costs to get top dollar.
You can not estimate a house’s future resale without [...]


THE VIEW FROM THE EDITORS DESK….

We are well into the routine of putting this magazine together. I am more than a little amazed at your response. Letters, subscriptions and advertisements pour in. The observant will notice an extra four pages in this issue*.
Being it’s December, this is a good time to look at your year. If you receive a copy [...]


Why Real Estate Prices Will Double in the Next Eight Years

As the California market begins to change, the methods of buying properties change as well. One of the most enjoyable and challenging aspects of the business is the constant change in the market place. The wholesale buyer is constantly looking for the most profit for the least hassle.
In response to the changing market, I will [...]


THE NO NAME, JUST LOGIC TIP

In our visit last month, I discussed an easy way to filter default leads. I showed the relationship between the purchase date of a piece of property and the date the loan in default was recorded. I taught you that adding the last two digits of the years and comparing them to the number 175 [...]


What Repairs Will Get You Top Dollar?

On a daily basis, I receive many of my clients deals, faxed for my review. Typically, I am responding back with corrections to two areas: determining their houses top resale value and estimating their necessary repair costs to get top dollar.
These two common mistakes do go hand in hand. You can’t estimate a house’s future [...]


THE VIEW FROM THE EDITORS DESK….

I spend a lot of time lurking around newsgroups and BBSes on the Internet. Sometimes I pop in my two cents, most of the time I leave the answers to the “moderators” of the group. I know a lot of you are yet to make the jump to the cyber world. Sometimes I figure you [...]


IF YOU ARE A REAL ESTATE AGENT

I have spoken to quite a number of Boards of Realtors in the past five years. One of the things I make a habit of doing is going to the Board and looking over the “top ten” plaque. Why have the names changed almost 100% since the late 1980’s until now? The reason is the [...]


THE DEATH OF THE RULE OF 172: Is there an heir apparent?

We lost a close friend recently. A lot of you knew him. He was at all of our seminars until just recently. Yes, the Rule of 172 is dead. Call the obituary editor. Make arrangements at the mortuary. The Rule has breathed his last breath.
For those of you that weren’t aware, The Rule of 172 [...]


FEEL LIKE MOVING?

The 1997 federal tax bill has passed, effective May 7, 1997, and it has brought investors, home sellers and buyers three major advantages to invest in real estate!
First: The real estate Capital Gains provision has been completely redone. No longer do you have to rollover  deferrals of tax liability on home sale profits, by [...]