The Unemployment Game

* trying to get rid of the strongest nastiest cat urine smell I have ever encountered (see video below for the smell O’ vision cam)
* the 30′ septic pit we discovered (which was supposed to be a septic tank – actual picture)
* paying $13,000 in city fees to hook up the septic (pit) to the city.
* An appraisal that came in $20,000 to low.

Besides those little things you couldn’t have asked for a smoother, easier, less stressful transaction.

I must have been on a bathroom break while I was watching those get rich quick late night Real Estate riches infomercial (those nights I wake up thinking about sink holes, low appraisals, and dealing with city governments) hosted by those two midget dudes.

Here is my get rich quick Real Estate infomercial that I directed, produced and starred in. Watch out Billy Mays here comes Curtis “the cat pee terminator” Gabhart.

How did you start the flood?

September 22, 2010 - 8:03 PM

Tags: Funny
Posted in Humor | No comments

“How did you start the flood” A doctor vacationing on the Riviera met an old lawyer friend and asked him what he was doing there. The lawyer replied, “Remember that lousy real estate I bought in San Diego? Well, it caught fire, so here I am with the fire insurance proceeds. What are you doing [...]

Summer Interns Get An A+

September 22, 2010 - 7:46 PM

Tags: Funny, interns, Personal, RANT!
Posted in Case Study, Real Estate Diary | No comments

Here is the fancy pants writing……

Over the past eight weeks, the interns at Gabhart Investments, Anthony Espinoza and Seth Struiksma, have learned the nuts and bolts of renovating residential properties in San Diego and have made valuable contributions to the development and growth of the business. In addition to interning at Gabhart Investments, both Anthony and Seth contribute much of their time on the Board of Directors for the Real Estate Society of San Diego State University.

Ok enough with the fluffy crap, Here is the no bullshit Curtis version…..

Those two spent there summers with a fat grumpy dude learning how what it takes to buy properties in this market WITHOUT GETTING PAID (the fat grumpy guy is me).

Making Money in Housing – CNBC.com

August 31, 2010 - 8:37 AM

Tags: Multi-Family, News, Real Estate Market, Video
Posted in News | No comments

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.

Funny Real Estate Terms

May 20, 2010 - 7:00 PM

Tags: Funny, random
Posted in Humor | 1 comment

I got this as an email and thought it was cute. Funny Real Estate Terms (Excerpt from Loren Keim’s Book – “Life Lessons… from the back seat of my car”) In real estate advertising, as in any other, misleading statements abound. Some realtors try to put positive spins on home features that are somewhat less [...]

30 Day property buying challenge

May 10, 2010 - 9:35 PM

Tags: Finding Properties, Flipping, Tactics, Video, Vlog
Posted in Real Estate Diary, Vlog | 1 comment

Ok originally I was planning on buying 2 properties in May and recorded this video towards the end of April. In these series of videos I walk you how and what I plan to do to accomplish these buys. I will keep you posted with my progress. Intro Video 1 – Buying 2 Flips in [...]

US Real Estate Home prices adjusted for inflation plotted as a roller coaster

March 28, 2010 - 9:01 AM

Tags: Housing, market data, random, Real Estate Market, Video
Posted in Articles | No comments

I was using stumbleupon which is a really cool site which as they claim “Discover the Best of the Web in less time” is true. Here is how the site describes itself StumbleUpon helps you discover and share great websites. As you click Stumble!, we deliver high-quality pages matched to your personal preferences. These pages [...]

Experts: Troubled Asset Cycling May Speed Up

March 23, 2010 - 4:01 PM

Tags: Economy, News, Real Estate Market
Posted in Articles | No comments

“Every significant real estate recession has followed with a great period of opportunity, and many believe the current recession will lead to one of the greatest wealth building opportunities of the current generation,” said real estate receiver Tony Theophilos, a partner at Starr Finley attorneys.

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