The Mirror Effect

Do you ever wonder how to deal with someone else’s opinion of you –especially if it’s negative? Not how to handle a negative or even rude opinion;early on you should have learned that politeness is how we handle almost any situation. No,I’m asking if you have a mechanism or coping skill for [...]

The NAR Backs the FHA…Who’s Backing You?

Late last week the House of Representatives passed H.R. 5072,the so-called FHA Reform Bill. One of the major components of that bill (you can read the text of the bill here),raises the monthly insurance premium for all FHA buyers. What does that mean to your bottom line? Currently,the FHA monthly premium [...]

A Scary Thought on the (Non-Existent?) Shadow Inventory

The shadow inventory has been a topic of interest with almost every agent I talk to lately. Most believe it is large and few understand why it isn’t in the marketplace rather than held by the banks. Russell Shaw recently wrote about the shadow inventory being gibberish. It is an interesting article and one I [...]

How to Run a Real Estate Business:Finding Wisdom in a Baseball Storm

“Last night I went to a boxing match and a hockey game broke out.” (Ba-da-bum-ching.) That’s an oldie but a goodie. I had a similar experience recently:I went to a baseball game and a business class broke out. About an hour north of me is the Padres Single A affiliate,The Storm. If you’re [...]

Bankrupt Ideas for Changing Bankruptcy

Two excerpts from a local article:Bankruptcy reform could help hard-up homeowners

Overwhelmed by debt from credit cards,a $536-a-month truck payment,$8000 in overdue property taxes and two mortgages,the single homeowner is hoping (San Diego bankruptcy attorney) Colwell can remove the $84,000 second loan on his home,which is now worth about $100,000 [...]

Real Estate Investing:The Infinite Investment Strategy

In the Introduction to Investing in San Diego real estate,I mentioned the idea of an Infinite Investment Strategy. The ideal investment is one which costs no money,takes no effort and provides a never-ending,safe return. If you find such an investment,please let me know. In the mean time,investing in distressed real [...]

Real Estate Investing:Arbitrage

If you are investing in San Diego real estate,or any real estate for that matter,there is a single idea you should be using to evaluate every property of interest. Outside of Wall Street,however,it’s rarely discussed and you may be missing out on this infinitely useful and fundamental concept in investing. You [...]

Real Estate Investing:Fundamental Value

In the Introduction to San Diego Real Estate Investing,we discussed the Fundamental value as the key component of an investment analysis. Now that we’ve defined the Four Values,let’s take a closer look at how to calculate and use the Fundamental value.

Methodology While creating four values per property involves extra work,it is [...]

Real Estate Investing:The Four Values

Most small to mid-size real estate investors are forced to rely on “comps”for their valuation of a potential investment. This is the method commonly employed by appraisers and the real estate industry as a whole so it’s really been the only choice available…until now. If you are a regular reader,you know I [...]

Real Estate Investing:The Small-Cap Investor

As I said in the introduction to investing in San Diego real estate,I use the word ”investor” as though it were universal,but it’s not. I see three distinct spheres or levels when I look at people buying and selling real estate. Two of those levels are well served:the owner-occupied and the commercial. [...]