Making Money in Housing – CNBC.com
Aug 31st
Following is a 7 minute video that was aired the 24th of August on CNBC with Hessam Nadji of Marcus & Millichap Advisory Services, and Alex Goldfarb of Sandler O’Neaill & Partners.
The subject of the interview is how to make money in the housing sector right now
Here are some key points.
* Apartments leading recovery by demand, followed by industrial properties
* The Commercial Real Estate sector usually trails the economy by 6 months and Multi-Family is usually the first to recover (which is starting to happen) due to there short terms leases. The meaning is that since the apartment leases are usually a year or less they can be adjusted upward as the market or that segment improves.
* Starting to see multi-family REITS doing better. Raising there rents on average of 5% over the last 12 months.
* Home ownership is going down which is good for rentals.
* Some people are realizing that owning homes is very expensive and only having to write one check for their rent is attractive.
Twitter Weekly Updates for 2010-08-29
Aug 29th
The safe way to double your money is to fold it over once and put it in your pocket. ~Frank Hubbard" # Women have a passion for math.They divide their age in 1/2, 2xthe price of their clothes,& always + at least 5 yrs 2 the age of best friend # horrible MLS photos – [...]
Twitter Weekly Updates for 2010-08-22
Aug 22nd
Better price your flips right & don't try to come out with an overpriced listing or you may be sitting for a while. http://bit.ly/aV6Nbk # My 7 year old has no idea how 2 use a real phone. She just picked up our hotel phone 2 dial & asked "where is the send button"! – [...]
Funds expand with new Investment Manager
Aug 17th
My name is Nick Walsh and I’ve joined Curtis’ team as an Investment Manager to build momentum in this exciting and lucrative residential real estate market. Curtis and I met this past October at a University of San Diego real estate conference. After talking for a while, it was apparent that we both shared an [...]
Interning @ Gabhart Investments
Aug 16th
For the past couple of week’s life as an intern at Gabhart Investments has been quite exciting. In the month of June I was constantly trying to understand the business. Every day was something completely new from the day before and required my full attention. Through out July and up to this point lots of [...]
Twitter Weekly Updates for 2010-08-15
Aug 15th
Heartbreak kid with ben stiller is friggin funny. Watch it if u haven't seen it. IF you have a sense of humor that is. # http://www.signonsandiego.com/news/2010/aug/10/federal-reserve-tries-boost-flagging-economy/ # http://www.signonsandiego.com/news/2010/aug/10/san-diego-commercial-real-estate-flat-2nd-quarter/ interesting that cap spreads narrowing # RT @USATODAY Feds rethink policies that encourage home ownership http://usat.me/39651232 when this happens it's time 2 buy apartments # Short sales [...]
Last minute mad dash to get Escondido & Scripps ranch ready to sale.
Aug 8th
WARNING!!!!
Do not read this blog on Real Estate Flipping if you have been drinking the guru punch about Real Estate being easy.
You have been warned because if you think the above is true then I am about to pee in the guru punch bowl.
