Here we are the end of the first decade of the new millennium. For old geezers like us who remember when George Orwell’s 1984 and Stanley Kubrick’s 2001: A Space Odyssey were speculations into the future, just saying “2010” is weird. And if you’re not in the geezer group, you might not even recognize the […]
Sign, Sign, Everywhere a Sign Read More »
On Saturday, December 5th, the world lost a treasure. My friend and mentor Mr. Jim Rohn passed away after a prolonged battle with Pulmonary Fibrosis. He was surrounded by his family and very close friends, as he often was in life. Mr. Rohn was a successful businessman and dedicated father. From humble beginnings as an
The Passing of a Legend Read More »
What is the meaning of life? Why did God create flies? How many little styrofoam balls in a bean bag chair? These are just some of the many questions that The Real Estate Guys will never answer. Fortunately, our listeners have sent in much better questions! To provide irrefutable answers to our listeners’ real estate
12/13/09: Ask The Guys – What’s On Your Mind? Read More »
We noticed an interesting headline it today’s Wall Street Journal. “House Flipping Makes a Comeback”. That brought back fond memories of easy equity during the days of “irrational exuberance” in real estate. Of course, there’s a dark side to irrational exuberance which we’re sure you don’t need to be reminded of. So why did this
WSJ says House Flipping Make a Comeback Read More »
The end of the year is a great time to look back and grab lessons from the past so you can apply them to your plans for the new year. It’s also a great time to clean up loose ends and organize yourself for a fast start in January. While it’s exciting to build your
12/6/09: The Home Stretch – Year End Strategies with Attorney Garrett Sutton Read More »
With so many properties with mortgages that exceed the current value, many owners are feeling trapped. When loan modification fails and you can’t afford to pay the mortgage, before you toss in the towel and allow the lender to foreclose, consider a short sale. No, this isn’t a garage sale of your used underwear to
11/29/09: Coming Up Short – The Realities of Selling Your Property for Less than You Owe Read More »
No, we aren’t advocating becoming the next Bernie Madoff. We just read Robert Kiyosaki’s article on Yahoo Finance called The Biggest Scam Ever. It’s about 401k plans and he’s commenting on the cover story Time Magazine recently published on the subject. Time says their sources estimate that 44 percent of Americans (a chunk of
The Biggest Scam Ever Could Be Your Biggest Opportunity! Read More »
If you’re left brained (logical), we probably already lost you at the headline. But this isn’t a blog on positive thinking (not that we have anything against that). We’re talking about negative equity and how it gets measured. More importantly, where are the opportunities? Just before Thanksgiving, the Wall Street Journal ran a headline that
Don’t Be So Negative! Just Change Your Perspective Read More »
It’s almost unfair to call this a “new” economy, since the rules to real estate investing abruptly changed over 3 years ago. But since the mortgage meltdown in the United States trickled down and around (making a large, sticky mess), its ramifications are still manifesting. Just like when a football team gets a new coach
11/22/09: Where to Invest – Market Analysis in the New Economy Read More »
The AP headline this morning says “Stock Market Slumps as Home Construction Slows”. Oh no! We can hear the pitter patter of mutual fund investors’ feet running to their computers to check the damage to their 401k. Funny, but when we look at our computer, we see interest rates on 30 year fixed mortgages back
Home Construction Slows – Good or Bad? Read More »