Tag

profit

USA Today: ‘Brady Bunch’ Star Sells Malibu Home for $3.9 Million

Value is in the Land (Duh!) As both a Realtor and a self-confessed number cruncher, I couldn’t resist asking two questions after seeing the headline (above) in USA Today: One. What kind of annual return does that represent? To answer that, you (also) need to know that the actress Eve Plumb bought the 850 square...
Read More

Discounting for Condition: How Much?

Three Key Factors Besides Price Tag, Scope of Work Discounting for a home’s “vintage” condition is inherently subjective. Some Buyers don’t want to tackle anything more challenging than painting a Bedroom (if that). Others — especially if they have contracting skills (or access to them) — are up for remodeling the Kitchen, Bath’s and anything...
Read More

The Housing Equivalent of “A Stock Picker’s Market”

Robbinsdale Retrofit:  Finding Opportunities in Today’s Housing Market In the stock market, there are periods when the proverbial “high tide raises all ships”:  it doesn’t matter which stock(s) you own, so long as you’re in the market. When the vast majority of stocks are instead treading water, it’s known as “a stock picker’s market.” Success takes...
Read More

Making $$$ in Foreclosures

Are You Right For Foreclosures? The key to making money in foreclosures isn’t sizing up a particular property — it’s knowing yourself. Specifically, your timetable, temperament, budget, fix-up skills (or access to them), and intended holding period. If you’re deficient in any one category, the odds of success go way down; two, the odds become...
Read More

Archives