I’m just arriving back from the National Association of REALTORS Annual Conference in San Diego where I moderated a panel on Distressed Assets where the esteemed panel and most of the audience agreed that today reflects THE investment opportunity of most of our adult lives. Thinking I was going to hop in my car and drive home, as usual, took an unexpected turn, as my car was “dead on arrival.” So as I sit here in the vestibule at Newark Airport at 1:30 a.m. waiting for assistance, I started checking my e-mails and found yet more evidence that the millionaires of tomorrow are being born today, those who get off the fence and invest.

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Last week, I went over Key #1, so this week let’s learn Key #2 shall we? Although there are many moving parts to apartment rehabbing, I have found through the years, common things that lead to great success. I follow these and implement them wherever I go. Here they are. Five keys to successful apartment property rehabbing:

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Filed under Apartments, Commercial, Rehabbing, , , , , .

 
 

short_sale_stampede_imageAnalysts foresee a herd of new short sales stampeding into the real estate market between 2010 and 2012. According to data compiled by Credit Suisse Bank, hundreds of billions of dollars in Alt A loans are set to recast starting in 2010. And add in the fact that U.S. unemployment is higher than 10% and the economy is showing few signs of improvement and it’s predicted that this will create a short sale stampede far larger than what we already seen.

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For August, the Case-Shiller Index showed annual home values improving across 19 of 20 U.S. markets. It’s the first time in 3-plus years that the benchmark housing index has shown such strength.

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Filed under Marketing.

 
 

Seventeen metro areas in the much-watched S&P/Case-Shiller Home Price Indexes saw price increases from July to August, according to Standard & Poor’s.

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unplug_your_life_imageWe live in information overload. There are more distractions coming at you from all directions, and at all times, than at any other time in the history of humanity. This is a message that is more important for you right now than ever before. Unplug your life! Here’s how:

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Housing Starts on single-family homes gained last month, marking the 8th time that’s happened this year.

A “Housing Start” is a home for which the foundation has been excavated and, considered alongside other key market metrics, September data suggests that the housing market stabilization is complete.

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Filed under Foreclosures, Marketing.

 
 

Isn’t is amazing how we sometimes receive messages from the most unlikely sources? When we think of Real Estate investing our thoughts are usually of the value of the property,the rehab costs and what the projected rate of return will be on the investment. These things are very critical to the success of a project…but sometimes we have to recognize the messages we receive from some unlikely places.

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Although there are many moving parts to apartment rehabbing, I have found through the years, common things that lead to great success. I follow these and implement them wherever I go. Here they are.

Keep reading…

Filed under Apartments, Commercial, Marketing, Rehabbing, , .

 
 

[Note: In Parts 1 and 2 of this series, we talked about keeping your real estate healthy. In Part 3, we highlighted ways to keep you and your family healthy should relocation enter your lives. Now, in art 4, we offer some tips on protecting your investment from fire.]

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