Real Estate Wins
So you have $100K. What do you do with it? You could put it in a money market savings account with an average return of 0.30% APY. After one year you will have earned $300. You could put it in a CD with an average return of 0.50% APY. After one year you will have [...]
The Other Number
When looking at comparable properties to see how much to list your property for rent, you not only have to look at the listing price, but also the number of days the property has been listed. A property listed for $1500 per month and sitting vacant for a year is worth $0 that year. The [...]
So I was talking to this realtor…
about a property her client was interested in renting. She asked me what the comission was for leasing the property. I asked her what she meant and she was direct in saying, ‘how much do I get paid when my client signs a lease?’ I continued the questioning because I thought it would be interesting [...]
What Happens in Florida, Will Happen Everywhere Else
Want to know what will happen in the U.S. Real Estate Market? Watch Florida. Jim Cramer says Florida is the template for where the US housing market is headed. Florida real estate lead the way during the boom and the bust, and will lead the way in a recovery. Look to Florida to find out [...]
Is Your Property Manager a Realtor?
Most property management companies are run by Realtors. They can manage your property, or sell it, or whatever. Too bad for you the Realtor can make a lot more money in a lot less time if they throw your property on the MLS, have a buyer come along, and get a 4% commission instead of [...]