Last week a Hong Kong court ordered liquidators to sell the assets of the defunct property developer, China Evergrande Group. Since 2021, Evergrande was reportedly trying to restructure it’s $300 Billion debt. The judge in the case, Linda Chan, said Evergrande was not negotiating in good faith and the charade should end. Ever since the …
Evergrande: Finally, Liquidators Given the Green Light Read More »
A real estate agent friend of mine said she was showing houses. I said, “Anything I might be interested in?” Her response was, “What are you looking for?” I had never been asked that question before. I thought a bit. I’m a real estate investor focused on single-family homes I can rent out for more …
I’m Looking for People Who are Desperate and Need Help Read More »
What kind of investor do you want to be? This is critical for your success in real estate. If you don’t like what you’re doing, it won’t work for you. Do you want to focus on cashflow or long-term wealth or both? A lot depends on how much cash and time you have to invest …
Now, what kind of real estate investor do you want to be? – Part II Read More »
Why do you want to be a real estate investor? The biggest question you have to ask yourself is: Why do you want to get into real estate? A good place to answer that question is to use Michael Pantalon’s technique outlined in his book Instant Influence. It’s called the 5 Whys. This is useful …
Let’s find out why you want to be a Real Estate Investor – Part I Read More »
Current Status of Front Range Cities Denver, Colorado Springs, and Pueblo This page is a snapshot of the state of the real estate market from Denver, Colorado Springs, and Pueblo. Shown below are three graphs of the status of each of these markets (Figure 1.) As I’m most interested in the Front Range of Colorado …
Decline Continues in the Front Range Housing Market, Part II !! Read More »
This is just another instance of playing cat and mouse with “well-meaning” government bureaucrats. Actually, it’s more like Goedel’s Theorem, but that’s for another day. The problem began with the infamous “due on sale” clause instigated by lenders in the 1970s when interest rates went sky-high. Remember interest rates of 14%?? People were assuming low-interest loans and …
Why taking over a cheap mortgage may be too expensive Read More »
Current Status of Front Range Cities Denver, Colorado Springs, and Pueblo This page is a snapshot of the state of the real estate market from Denver, Colorado Springs, and Pueblo. Shown below are three graphs of the status of each of these markets (Figure 1.) As I’m most interested in the Front Range of Colorado …
The Decline Continues in the Front Range Housing Market!! Read More »
When I started investing in real estate in the mid-1990s, things were very different. The World Wide Web was just starting up. Most investors relied on the local newspaper to find deals. Fast forward to today and many of those local newspapers are gone. Everything is now done on the web. But there are so …
Five Free Online Tools for the Beginning Real Estate Investor Read More »
SB23-303 – Reduce Property Taxes and Voter-approved Revenue. This bill introduced by Colorado Governor Jared Polis in the last week of the legislative session takes the refund money you’re supposed to get from TABOR and spends it on your property taxes. This way the state still gets the huge windfall in property taxes, but says …
Polis’ Property Tax Relief Proposal Depends on TABOR to fund it!! Read More »
Current Status of Front Range Cities Denver, Colorado Springs, and Pueblo This page is a snapshot of the state of the real estate market from Denver, Colorado Springs, and Pueblo. Shown are three graphs below (Figure 1.) As I’m most interested in the Front Range of Colorado from Denver to Pueblo, I’m including snapshots of …
Don’t Look Now, but Decline Continues in the Front Range Housing Market!! Read More »