Archive for general
Jeb Henley’s Video – The changing Real Estate Market
Posted by: | CommentsJeb Henley has been selling Real Estate since 1975 and have seen multiple market upheavals. He has sold investment property from California to Florida.
He will be exploring the question of whether we are going into a 2nd Dip in the price of inventory. If you are wondering where will Job Formation start, this is for you. If you are wondering what market segment will make the highest appreciation, mark your calendar and join us on this August.
The Changing American Dream of Home Ownership
Posted by: | CommentsLet me share some insights to you before I meet with everyone in August.
I actually Broker property in multiple markets. My clients still have holdings in Sacramento, Stockton and across America. The Theme of my August Meeting will be Changing Market conditions. As anyone who has tried to buy real estate will know, getting a loan is now very difficult.
The Credit Market is still frozen as far as real estate goes and the changes in the Appraisal process only magnify the problem. What the Banks do not want is more Bad Loans. But the Inventory is piling up and there will be a tipping point very quickly.
For Example sales are off in some regions 33% and inventory is up 25%. That is occurring, while interest rates are dropping. Where are sales headed? Probably lower and that is a problem with the inventory of foreclosed homes.
Home foreclosures are so much more corrosive than I ever imagined. By the way this month the FNMA number rose back up on delinquencies.
If Americans no longer trust homes hold value, then you will experience the Tampa, Florida market. In some areas prices have dropped 90%. Tampa is an actual city with jobs and running water. Vegas has a higher default rate than Tampa.
Should you jump back under your bed?
No in certain Markets, the re bound is happening just the way it did in Stockton and Sacramento. Now the Golden markets are San Diego and Phoenix. Be very careful is my prediction. Once Americans lose faith with the “American Dream” it will be hard to rebuild the faith.
Houses are like paper money, part fiction and part fact.
I sold Houses in Santa Cruz County at $35,000 and watched them go to Million. Given it was the same house, that is Fiction and Belief. The problem right now is Lending which is almost impossible to get a loan on anything. This will trigger more people to walk away from their homes. If lenders make lending so difficult that homes do not sell, values will fall. This is what I am describing as Phase 2 or the Double Dip provided by Lenders. Because credit is so tight, the Banks will possibly create their own 2nd crash of values.
A potential shift in attitude is occurring in America back toward Renting. Rents have stabilized in many markets and demand is strong. I have changed my buy direction towards Multi Family. In certain markets (Phoenix) it is under priced and rents are stable. Values have come down 75% into 1982 prices and that is below their real value.
Next Month we will talk about Phoenix and Vegas. Prices, Jobs, future, and past. Real Estate still makes more sense than the stock market. The key is studying where to go and why.
Plan on attending August for more specifics on various markets in the U.S. and why they make more sense than Santa Cruz.
4 Plex in Santa Clara $650,000
4 Plex in Phoenix that is newer and better condition $105,000 (was $400,000 two years ago)
I look forward to meeting you all with more data and facts. See you in August.
Jeb
Real Estate Bird Dog Mentoring
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| How to find investors and what to ask them. -Where investors are right now that are trying to find hungry birddogs to find deals for them. How to approach an investor to become their birddog and the questions to ask to assess what they are looking for. | |
| How to get top dollar for your property referrals -What to do to get thousands of dollars instead of hundreds for each of your finds. | |
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Does Your Thinking Limit Your Success?
Posted by: | CommentsPlease join us for our monthly meeting as we welcome personal development presenter, Cassie McDowell

Cassie helps individuals make better choices to garner success. Cassie will be talking on the following topics:
- Correlation between thoughts and results
- How to make better choices for an enjoyable life
- How to break through the limiting perceptions to become successful
- How thoughts, feelings,actions and behaviors are inter-linked
- How to control your thinking
- How to improve the quality of our life
- Experiential exercises and processes to break through our limiting belief patterns
About Cassie:
Cassie helps individuals make better choices to garner success.
As a Presenter at Productive Learning & Leisure, she specializes in personal and professional development courses, helping people break through their limiting beliefs and habits that unknowingly inhibit their dreams and desires. PLL closes the gap between what we have and what we want.
Cassie enjoys hiking with her 3 year old lab, photography, and traveling.
Skip The Realtor- Keep The Commission
Posted by: | CommentsSelling your own home isn’t rocket science, so don’t be afraid to learn what it takes to bring interested buyers to you. Your reward will be that you can pocket the six percent commission that would normally go to the realtor who lists (and shows) your home. A $400,000 home sale carries a commission of $24,000. Isn’t that worth learning a few trade secrets and becoming a do-it-yourselfer?
Take a look at the basics:
Look at your home (and yard) with a critical eye.
Now is the time to replace cracked vinyl flooring and scrub away rust stains in tubs. Put a fresh coat of paint on marred walls and wash windows, clean carpets and generally de-clutter everything. Once you are satisfied, don’t stop there. Ask a good friend or family member to walk through and point out things that they notice as negatives.
A realtor wouldn’t hesitate to steer you in the right direction, so you’ve got to be able to do this for yourself.
Set a reasonable selling price.
Of course you’d love to clear a bunch of money after you sell your house but if you inflate your price you’ll pay for it in the end. Houses that sell the fastest are the ones that are competitively priced. Do what realtors do – check out recent sales figures on other homes in your area. If you have a five bedroom home with 3200 square feet and a similar home down the street sold for $376,000, that’s a pretty good indicator of where your home should be priced.
Prepare marketing materials that anticipate every question. Of course you’ll need a sign in your yard, but wouldn’t it be helpful to attach a waterproof box with color brochures? Include plenty of interior and exterior photos, details about every space in the home and information about the community such as property tax rates and school district statistics. Prospective buyers might want to know what to expect in monthly utility costs, too. You’ll also want to advertise in the local newspapers every week and on the internet to attract people who are planning to move to your area.
Accept the help of realtors who bring buyers your way. Granted, you decided to sell on your own in order to save a seller’s commission, but most buyers will have a realtor show them around. Don’t exclude these buyers and for a small free, you’ll have a knowledgeable professional who will create purchase contracts and arrange inspections on your behalf as a service to their client. The buyer’s realtor will also find a Title company to take over when her work is done.
Learn How To Sell Your Own House Fast.
Teaches Home Owners How To Use Creative Techniques To Sell Their Own Houses. High Demand Information In Current Housing Market.
Learn How To Sell Your Own House Fast.
Buy and Sell Real Estate Without Paying a Broker!
Most of the paperwork that likely prevented you from considering the FSBO (For Sale By Owner) route in the first place will be handled by the Title company. This includes coordinating the flow of all documents and funds, prorating insurance and taxes and recording deeds. For your troubles, you’ll pocket a much larger share of the sale price.
Julie Clark Robinson has a large following of people who enjoy her articles on online colleges for working adults and online college financial aid.
Compared – Renewable Energy Certification – What’s Needed
Posted by: | Comments‘Green Energy’ is the use of resources such as wind, tides and geothermal heating to provide us with our everyday energy requirement. ‘Green’ basically means that all the energy is renewable. It’s interesting to note that in some instances we’re actually travelling back in time to utilise some of the older energy skill sets e.g. Wind Power (Windmills etc.) But in the main, this is the process of utilising modern technology to provide eco-efficient and planet-friendly alternatives.
The range of renewable energy technologies utilised within the home environment includes both Solar Thermal, and Solar Water Heating Collectors. Moving on from this there are the Photovoltaic Panels (PV’s) which can generate electricity from your roof. Equally important is that of Biomass Energy – which includes Stoves, Fuel, Pellets and Boilers burning Wood. We now also have Ground Source Heat Pumps – which draw out the heat left by the Sun. Not all ‘Green Energy’ is new – by considering Wind Power and Hydropower we are looking at some of the oldest forms of energy production.
Thermal Solar Energy Systems: Often commonly referred to as Solar Energy, this is primarily captured by two types of solar panels; each of which utilises different technologies for the process. To begin with, we have the concept of drawing energy from the Sun to heat water – known as Solar Water Heating Collectors. Added to this is the generation of electricity from solar radiation – known as Photovoltaism, or more commonly Solar Electrical panels. Solar Panels themselves need to be away from all light blocks, and should be on south facing roofs at angles of 30 degrees from the horizontal plane.
With Solar Power being so common within the UK, it’s Solar Water Power that is most often used. Solar Water heating systems can meet the need for more than half of all hot water needs in the domestic market. There are two options to fit these items. The first is to get a professional fit and the second is a DIY system, the first will cost around 2-5k and the second between 500 and 1500 pounds.
Biomass Energy: This is a general term for all forms of plant and animal material e.g. wood, straw, poultry litter and ‘energy crops’. Considering its ability to produce energy in the form of heat and electricity, this type of energy is extremely flexible. Indeed, within the European Markets, the UK has some of the leading levels of Biomass material at hand. The lack of C02 given out by this form of energy is another positive element in the whole process. To that end, many wood crops come from sustainable sources (as one tree is felled, another is planted in its place; thus the new tree absorbs the CO2 produced during the heating process.)
‘Energy Crops’ trees such as Willow and Poplar play a major part in the process – under the banner of Short Rotation Coppice (SRC). Dry matter is also very sought after – and perennial grasses are a good source of this. Of equal importance, although maybe less well known, are Municipal and Agricultural Waste. To begin with, Agricultural Waste is often produced as part of the agricultural process overall. Of equal importance is Municipal Waste, which comes from recycled wood and food.
Systems Based On Geo-Thermal Energy: Both warm water and electricity can be produced as by-products of the natural heating of the Earth by the Sun. In the UK, we are lucky that we can both heat and cool buildings from the ground source temperature of around 12 degrees. Heat pumps are recognised as a very good form of power generation, generally giving back four units of energy for every one used. Heat source pump energy can go one step further (by gaining a 100 percent return) if the energy to power them comes from items such as wind turbines or solar electrical panels.
Wind Energy – An Update On Old Technology: As an energy source, wind energy has to be one of the oldest forms of energy creation in history. Whether to your home or to a local grid, when the energy has been generated it must be delivered to a point of usage – and cannot be stored. With regard to wind generation, it is the UK that has the highest production within Europe. Although we only utilise 1 percent of the current electricity capability from wind – we do have the ability to create 10 percent. Electricity can be produced from as little as 2p per kWh, but generally comes in somewhere between 2-10p per kWh. Recovery of the cost involved is somewhere between 6-9 months.
Finally, we have Hydropower; an area in which the UK does well within Europe. Energy creation from moving water is very old – although it is now being done in new ways. Interestingly enough, this type of energy production meets around 2 percent of the UK electrical total demand.
Using a turbine, a Hydropower system can transform the energy of water into other forms. Turbines use either a water drop (e.g. through a dam) or by a natural ‘run of the river’ – thereby having no water storage reservoir. ‘Micro-Hydro’ however, uses the dam and sluice systems that have been made redundant by the larger national distributions. Whilst considered a smaller form of electrical output, this system is thought to be able to give some 200mW of capacity to the UK. The capital cost of installing a micro-hydro system can run between 200 and 3000 pounds per kW of energy output.
It is the growing worldwide energy requirement that is causing the growth in ‘Green Energy’. The UK domestic market appears to be one of the core beneficiaries of this technology.
Electricians and Plumbers in particular are expected to provide the main thrust of domestic installation expertise. A range of grants are available to support the growth of renewable energy ideas within the European market. As a new industry, there are a range of new certificates to gain. To cover both ends, you could consider electrical or plumbing training along with green systems.
Copyright 2009 S. Edwards. Check out HERE or www.workmap.com.
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Posted by: | CommentsRenovation Tips for HomeOwners
Posted by: | CommentsYou can improve the overall aura of your own household by starting a renovation project. You are not alone in this venture, as there are hundreds and thousands of homeowners who desire to, or are doing the exact same thing to improve their living quarters.
There are a number of means you can do renovation for your home. You can add extensions to your house, change up the wallpaper, repaint the house or replace your windows. Renovation possibilities are in fact limitless. The only limits that homeowners often consider are the actual space and their budget.
The cost of your renovation project would depend on how small or huge your project is. It can cost you a few hundred dollars to a few thousand dollars. Renovating a kitchen may cost you a mere few thousand dollars. However, adding an extra room or floor can take up tens or hundreds of thousands of dollars. Before you start this renovation project of yours, it is extremely advised that you do thorough and accurate research. It is imperative for you to find out how much each aspect of the renovation process will cost in the market.
Do your research by calling a few contractors or interior designers and get several quotes from each company. In addition, ask for a list of what they will and will not admit with those given prices. You can even ask them to depict how the renovation process for your project will work.
Now, the big question is, how can renovation really change up your life? Renovation can actually make your life so much more convenient! With renovation, you can modify the things you dislike about your home, while dramatically changing the atmosphere. Moreover, with renovation, you get the feel of living in a new home, without a drastic change of environment.
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Can I still flip a house and make money?
Posted by: | CommentsQuestion by Matt: Can I still flip a house and make money?
Can this still be profitable in today’s market? I am located in sacramento, CA. Me and a few investors/friends of mine are interested in buying a house to flip and resell. We have done a lot of research, and believe we can get a good deal on a house needing fixing. But is anyone making any money flipping houses in today’s market? Thanks!
Best answer:
Answer by morgan
My previous landlord was a house flipper and he had to get out because the market is so bad.
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