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November 2007

November 27, 2007

When is a Good Time to Become a Millionaire?

Right now!  Did you know that more millionaires made their fortunes during the depression than any other time in America's history?  The same priniples that were used then apply now - buy when the market is low and sell when it is high.

That's exactly what some of our clients are doing - building their real estate portfolio now when the market is lulled and interest rates are still awesome.  There are some incredible bargains out there, not only in the Kansas City area, but in other parts of the country.  We just got back from Phoenix where they are experiencing an over-built market - great time to be buying real estate there!

Questions?  Always welcome - just drop me an email.

November 16, 2007

It's Just Like the Stock Market . . .

. . . the time to buy is when prices are low.  And, not only are real estate prices are low, but so are interest rates.  This combination means big savings, big gains, big investment opportunities, for those who are smart enough to listen to the facts and not the news media.

On top of this, there are record foreclosures numbers occuring, which will soon be petering out, so this window of opportunity is going to be closing soon.  The best type of real estate to purchase?  Property that is in moderate condition (may need flooring, updating in the kitchen and bath, and paint) that is either bank owned or able to sell on a short sale.  These properties generally sell for a considerable amount under market value, while properties that are in good to excellent condition still are selling for at or above market value.

Look for more to come on this topic.

November 13, 2007

Fall Pick Trimming and Termites

Just a reminder - it'a a great time of the year to trim up those trees and shurbs around your home.  It's also a good timte to have your home inspected for termites.  Termites can surprise you by getting into your home in the trickiest of spots.  An inspection can save you thousands of dollars by acting now and catching them in the bud. 

A good inspection company will spend about 30-40 minutes walking around and inside of your home.  There are even a few companies who use special dogs who are trained to smell the little critters.  This is very helpful because the dogs can smell through walls and find unsuspecting termites without having to see them.

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