Before you write your offer, you would have already made a projected budget for repairs necessary to get your top resale value. (See Related Links: “Doing the Math Quickly and Easily”, “Evaluate and Plan Your Pre-Sale Effort”, “10 Inexpensive Ways to Spruce Up Your Rental Or Rehab Property”)
Now that you have the deal signed, it’s time [...]
Yearly Archives: 2003
Inspections: What do you Need?
December 1, 2003 – 2:06 pm
Thinking Success
December 1, 2003 – 2:06 pm
Success in anything you want to accomplish in life begins with your thinking. The problem with too many people is that they don’t think about what they’re thinking. I once heard a speaker say, “You will become that which you think about most of the time.” Those words have had a tremendous impact on me [...]
Keep Track of Your Results
December 1, 2003 – 2:05 pm
Three key words to remember: weigh, count and measure. Now, why weigh, count and measure? To see what your results are from your activity, your attitude and your philosophy. If you find that the results are not to your liking, there are only three places to look. Your philosophy needs to be fine-tuned; your attitude [...]
Not All the Gila Monsters in Arizona are in the Desert
December 1, 2003 – 2:03 pm
We’re revisiting Arizona this month because of an emerging problem with predatory lenders in the Phoenix/Mesa metro area (and elsewhere in Arizona). Up until now, most abusive lending has mostly occurred in the inner cities of large metro areas like the New York/New Jersey complex, Chicago, and the Los Angeles basin.
Some states, notably New York, [...]
If Your Household Worker or Contractor is Injured, Will You Be Liable? (Part I of Two Parts)
December 1, 2003 – 2:02 pm
The following review of an actual liability dispute involving the injury of a so-called casual domestic worker employed by an unlicensed and uninsured contractor illustrates how a huge can of worms can be opened if you allow such contractors to work on your rehab projects.
We know it seems long, but it’s required reading for investors. [...]
What if the Refi Boom is Over? Here’s What if…
December 1, 2003 – 2:00 pm
Somewhere around the fifth grade, we learned to take the pronouncements of politicians with a grain of salt. The fifth grade is deeper in our past than we care to admit, but that little gem of reality hasn’t changed a bit. The latest example is the fanfare of trumpets from the White House announcing a [...]
Money Update: Foreclosures.com Nationwide Money Source
December 1, 2003 – 1:59 pm
As we reported in our November Money Matters, you no longer have to be in California to get help finding money from Foreclosures.com (See Related Links).
Michael Johnson and his “Renovation Team” at National City Mortgage have joined Foreclosures.com to help all our investor clients reach their goals.
National City Mortgage proudly presents our members access to “The Renovation [...]
I Love The Gray!
December 1, 2003 – 1:58 pm
Winter in the Sacramento Valley can be very foggy. We often go weeks without seeing the sun. Even with all the trees changing color, the gray skies can really get to you. In fact, it has even been scientifically proven that gray skies cause depression in many people. (Now I understand why those Seattle folks [...]
Must I Record My Deed?
November 1, 2003 – 1:56 pm
Your deed is considered complete once it has been signed, sealed and delivered. Recording the deed is not required by law in order for the transfer from the seller to the buyer to take place.
However, in order for you to be protected from future claims on the title, you should record the deed quickly. This [...]
Measuring Success
November 1, 2003 – 1:56 pm
As I have worked with people over the years I have seen an amazing thing. People often get frustrated because they aren’t achieving “success.” There are lots of possible reasons for this but one reason I have found that sticks out is that many people allow their definition of “Success” to be driven by someone [...]
