Entries by Borya K

2009 Real Estate Forecast: Troubles Spread by Prashant Gopal (BusinessWeek).

An interesting article. Highlights include:

• Wealthier neighborhoods that avoided subprimes may be hurt this upcoming year.
• Already hurt markets (like Las Vegas and California) shouldn’t slide as much as before because they’ve already fallen so much.
• Unemployment will make more of an impact, especially in Texas (energy sector) and Charlotte, NC (financial sector).
• Some places (DC, San Diego, Boston, and Orange County) might start to recover due to people picking up low prices.

• Cashflow is a great financial learning game from Robert Kiyosaki.
• You learn more if you play with a group.
• Find a local group through meetup.com (search “Cashflow”).

With over a year to it, I was way off on the Tarragon.

Anyone noticed the stock drop in TARR?

Flip This House is looking for house flippers! Are you the next Real Estate star?

Last week he found a gem in Texas. The house had three tenants paying rent, enough to cover mortgage, utilities, insurance and taxes, and leave a couple hundred on the side.

Casey Serin of appears with Robert Kiyosaki and tells his story of flipping houses, leverage, and debt. This guy bought eight houses in eight months, with no money down.

Real Estate Finance, here I come again. After almost a year–I’m signing up again. This time, I’ll just be taking this one class. It’s the same teacher as last time.

Glengarry Glen Ross really captures what goes on inside a sales office

Complicating their lives with a million options when I know the ones best for them, would be wasting their time.

Almost a year back, my cousin started getting really hardcore with his prospecting. The cycle finally started coming back and now people are contacting him. Technology, particularly craigslist, is helping out a lot. It’s interesting how some things take a lot of time to build, but when they come about it’s beautiful.

Citibank has had some amazing offers lately.

Real estate appraisals business varies through out the year–and so does the income. Agents also face an income type problem based on the type of real estate office they work for.

Very interesting, useful, and free international real estate website: globalhideaway.com.
Jaime Mills set up this site about a year ago, and now they have over 36,000 listings in over 90 countries. The site lets people/companies advertise their sales or rental properties for free (browsing is free too).

Robert Kiyosaki has been writing for Yahoo Finance

ABCs of Real Estate Investing is a great read.

looking into a career in real estate and would like to know the current requirements in the state of california

Ameriquest Mortgage Company has done something truly amazing… they put out an honest and informative pocket e-book about financing.

Calling cards–I’ve gone through many, but ThaiTel’s Sansabuy Card blows the competition away. No hidden fees no ridiculous rates. Just a fair and honest calling card. I can even check my history on the ThaiTel website.

Coldwell Banker - Another Online Home Value Estimator

I ended up withdrawing from my Real Estate Finance. It’s a bummer because the class was the most interesting one I’ve had in few years.

Competitive Market Analysis: you estimate the value of a property by comparing to recent nearby sales or listings of similar properties. You get neighborhood data, site data, and building data, and then you hit the charts.

Trustree sale story about a red-tagged property.

Information about thousands of homes, without any fee… nearby property values, the rooms, square feet, value of the land, value of the house, the square feet, the buying price, even the property taxes.

Leverage is investing with other people’s money.