Shopping for Properties – 6 Offers Today

Shopping for Properties – 6 Offers Today
We’re out there shopping for property like crazy.  Today alone we sent in 6 offers, plus did verbals and follow up on 10 more properties.  Since we sold our big house we have some cash and are trying to buy 4 or 5 in March. I do have one escrow that should close on Wednesday...
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I am ready for the weekend!

I am ready for the weekend!
What a busy week in the land of California real estate investing.  I closed on three purchase escrows this week alone and put two more under contract.  If you’re counting that should make 5 purchases for January.  So we are getting a great start to our 2010 goals. Three of...
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Happy New Year – Real Estate Investors

Happy New Year – Real Estate Investors
2010 is upon us! After we have been in business on year (Sept – 08 to Sept 09), I made a post that summarized our results.  I will post similar numbers for Jan 1-09 to Dec 31-09. 2009 was a great year for us. We purchased 20 houses, for just over $2,000,000. We sold 12 houses,...
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The Weekly Networth Statement

The Weekly Networth Statement
I just finished re-reading The Millionaire Real Estate Investor by Gary Keller and man is it a great book.  There are so many great concepts, but I want to discuss just the importance of doing a Daily, Weekly or Monthly Networth statement. I have been keeping track of most of the...
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Know What You Want!

Know What You Want!
Real Estate Investors is a very broad term.  This could describe someone who owns one $5,000 rental house in Detroit or someone who owns hundreds of multi-tennant commercial buildings across the country.  One of the biggest challenges beginners face, is all the options there...
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Know your Competition – Real Estate Investing

Know your Competition – Real Estate Investing
When you read the title of this thread, you are probably wondering where I am going with this article.  This is not about working with or being friends with your competition, although I think that can be valuable.  It is about knowing the deals other people are getting. I have this...
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More Competition, Market Going Up

More Competition, Market Going Up
Remember how I keep saying I think the market is going to slow down a little bit as the winter comes.  Well, we are now in November, and the real estate market is probably going up 2% a month or more.  That is more than 24% a year (don’t forget about compounding numbers). To...
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Busy Week, Blog Suffered

Busy Week, Blog Suffered
For the small, but loyal group of regular readers I have sorry for the lack of posts this week.  I have been busy. We closed four purchase escrow in August, four purchase escrow in September, and have four purchase escrows lined up to close in October.  Quite frankly, I have been...
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Scams Polar CMC Inc and Escrow Stream?

Scams Polar CMC Inc and Escrow Stream?
Overnight, it seems like California escrow companies are trying to introduce a new service and pass on the huge costs to their buyers.  On the last two transactions I have done they have added in fees for Polar CMC Inc ($195) and Escrow Stream ($60). They’re adding to their...
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Code Enforcement – House #17

Code Enforcement – House #17
About a month ago some of the workers told me a city vehicle drove past the property and was taking pictures of it.  For obvious reasons this concerned me but I hadn’t heard from anyone so I forgot about.  Until this morning, right after I made the Before and After post I...
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