Unlike many of my fellow financial bloggers, I have earned street cred (credentials) when it comes to having been poor. When we first came to San Jose, CA in the early 1980’s, my family lived with another family until my parents were able to save up to rent an apartment. The house we lived in was a typical three-bedroom, two-bathroom […]
Buyers are out there, it’s just a matter of bringing them together and keeping in touch. It’s helpful to be able to determine what type of buyer you’re looking for early on. Remember this: you are the person who has something he wants when a buyer calls you; if he’s calling them then he’s trying to sell them let’s make […]
In a world that has largely been conditioned to think that bigger is better, that’s not always true in every situation. It has been found that bigger is more wasteful in many cases, especially as efforts are made to conserve energy and become greener. While there are often good things in abundance, sometimes more can throw off a delicate balance, […]
While most real estate professionals receive similar training and must go through the same education to become licensed and renew their licenses, it is obvious that all real estate agents are not created equal! With this statement I do not mean their appearance, nor how much they earn, but how they focus, what their personal definition of service and customer […]
As more and more investors return to the market, they will bid on properties against more experienced investors. This bidding, especially on new REOs (bank owned properties) can get fierce. Once an investor understands the Ghost Offers strategies, he will be able to use them to his advantage just like the professionals. The term phantom deals was probably originated by […]
Have you noticed the proliferation of credit counseling companies in Canada? The bait some use is intriguing: $10,000, even $25,000 minimum level of debt to qualify! For some people in debt, this lure is so enticing that they regret their low debt to begin with! What is causing this flurry of activity? Canada’s household debt continues to skyrocket. Previously, Canadians […]
Moving houses is a relatively new phenomenon in the real estate industry that has skyrocketed in popularity since 2001 during the housing boom era. There are two ways to trade property: buy a house and sell it for a nice profit; and buy a property and do some renovations before selling it. In this article, we’ll look at four real […]
In our last article we talked about the alternative minimum tax item, resulting from the depreciation of commercial or rental property. A direct corollary to that problem is the AMT element that results from any subsequent sale or other disposition of said property. To minimize a taxpayer’s AMT it is essential to understand the relationship between these two elements. When […]
Most of us would like to have more money at the end of the month and there are 2 ways to get it: 1. Earn more money 2. Spend less From everyday conversations, it seems that more people are focused on making more money (and most have no idea how to do it), but far fewer are focused on spending […]
Many people reach that point in their lives where they are reasonably stable in their personal and professional lives, have started a family, and want to enjoy their free time accordingly. You have a steady job and your spouse does too. Your children are at an age where they can begin to share some of your leisure activities, and maybe […]
Recent Comments