Where is the real money in real estate ?
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The answer is probably 95% which is absolutely pitiful.I am seeing international buyers snapping up land every day because they know it's future value and security.I will continue to practice what I preach and keep acquiring land .I would suggest visiting www.learnaboutland.com and at least lear...
08/06/2016
I have trained many agents and I still believe in the KISS FORMULA and nitty gritty prospecting.In that many agents fail in year 2 , I was just wonderiing what magical advice some of you seasoned pros suggest for 2012.
01/02/2012
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Brokering real estate as most practicioners know it, can provide a good living,but buying the right kind of property is where the real money is. We have all heard the three things that make real estate valueable : location , location and location. This is only half correct.The trick is to know wh...
11/21/2011
Opportunities will be everywhere in 2021 (edit/delete) As a young extremely agressive rookie agent in 1974 - I encountered a full scale recession and home interest rates at 10% . I was new to my town( Raleigh , NC ) -and literally knew nobody .Perhaps I had just lost my mind ,as I quit my secu...
08/03/2011
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Every generation is different and so is the crop now entering the real estate game. I came out of the REBELLIOUS HIPPIE 60'S which is still trying to stay young and maintain control-we are called BABY BOOMERS. I never knew many who survived the Great Depression and the Roaring 20's but those magn...
08/03/2011
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In my personal investment plan that I formulated in 2008 I underestimated the future stagnation we are experiencing as of August 2011. I am located in one of the most stable markets in the country (Wake County of NC) and it has not escaped the doldrums but has fared better than most. Banks contin...
08/03/2011
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Learning how to buy in the path of future growth is the best game to play.This of course requires being able to get control of property by title or some form of option with extension capability. In my career,I have been able to do this numerous times thus buying land by the acre and selling it ye...
05/27/2011
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2011 IS GOING TO BE A CLEAN OUT THE ATTIC OR BASEMENT YEAR FOR BANKS. AS OF 4/7/2011 BANKS ARE SITTING ON PILES OF BANK OWNED LAND AND COMMERCIAL PROPERTIES. SAVVY INVESTORS WITH CASH ARE GOING TO LITERALLY HAVE A HAY DAY.THERE ALSO ARE GOING TO BE MANY MANY GOOD OPPORTUNITIES ON CUSTOM SINGLE FA...
04/10/2011
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The banks are finally getting ready to do a wholesale dump of their toxic inventories.The amount of comercial properties and land will be staggering. We recently have gotten the vibes from our banking friends that the deals are on the way and they may even provide financing to get the job done. I...
04/10/2011
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I agree with everything Paula said but it depends on what your reason for calling is. For example let's assume you are looking for a buyer on a bank owned customm home where they may discount the price from 750k to 495k.This could be the opportunity of a lifetime for a homeowner whose property ma...
04/10/2011
Rainmaker
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Bob Atkinson
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Real estate is a wonderful game when times are good but not so much fun in down times.
The Great Depression of 2008 until who knows when is one of those unkind times.
Some seasoned agents probably put away funds from 2003-2008 but most probably did not.
Like all 100% commission sales professions our incomes can fluctuate big time .
If you are one of those who prepared for The Great Ressession then you are possibly in a position to invest which is where the real money is.
We have done the rental game but today just do the best -land .Anybody who can buy ,option, get land by owner financing etc. in 2015 should do it any way they can.
In 5 years you will be a happy camper.