Entries from March 2008
Do you know what drives real estate values? (OK besides the silly speculation we saw over the last few years). It is jobs. Jobs drive population growth. Population growth fuels demand. More demand drives up prices. Pretty simple huh? Jobs also drive the demand for office and industrial space. More rooftops drives the demand for [...]
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Tags: Business and Finance · real estate
Here is PowerPoint explaining the sub-prime mortgage problems and how they came about. It is quite funny but contains language that some may find objectionable. The Subprime Primer Again, I caution about the language. Imagine the type of language you might use if your house was foreclosed upon. I found this on Cass Tyson’s blog [...]
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Tags: Humor · real estate
Tenant screening is one of the keys to being a successful landlord. Sadly many landlords do a poor job of this. Sometimes it’s lazyness, sometimes ignorance, sometimes simply desperation to get someone tenant back in the property to help make mortgage payments. Trust me on this one, it is time well spent. You simply can’t [...]
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Tags: Landlording · real estate
Surfing the web lead me to Scott Ficek’s Minnesota Investment Real Estate Blog. He has a number of tips about landlording. He had an interesting post about a tenant that claimed that the rent was no longer due on the first because the landlord regularly accepted rent later. He includes a link to the court [...]
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Tags: Landlording · real estate
I was speaking with attorney Jim Goodrich from the firm of Saul Ewing today and he had a great line. “Attorneys do not see the glass as half empty or as half full. We see thousands of shards of glass anxious to get free.” Who says attorneys don’t have a sense of humor. Keep laughing, Ned
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Tags: Humor