Karen's Perspective

How Much can You make When You Buy a Property?

Karen — Wed, 28 Jul 2010 13:27:47 +0000

Do you know how to buy? Do you know how much you should pay for a property? We use a formula called our “cost to sell” guidelines. Filled out, this chart tells us exactly what our costs to buy will be and what we can…

Is it Better to Buy or to Rent?

Karen — Tue, 27 Jul 2010 13:15:20 +0000

The New York Times Business Day put out a great calculator that I hope they never take down! It shows costs accumulated for 6 years for both buying a home and renting a property. What they determined (and I will argue a bit with their…

Why Realtors Should Work with Investors!

Karen — Sun, 25 Jul 2010 13:21:12 +0000

In the past week, we have purchased 3 houses. We have 11 properties in some state of renovation. We are part of a local coaching and training program and, together, the 25 businesses in this group by A LOT of properties Here’s an article dated…

Investing in Real Estate – 2

Karen — Fri, 23 Jul 2010 13:14:55 +0000

As I said in Steps for Starting a Career in Real Estate Investing, an important part of creating any business is to emulate someone not only doing what you want to do, but doing it successfully. Do you have someone to follow who does what…

BB&T Shadow Inventory

Karen — Thu, 22 Jul 2010 15:48:25 +0000

Just received this interesting email from a friend. Shows how little we actually know about what’s going on with the economy other than what we hear on the news. For everyone who is ready to speculate in the market again, I would caution you. When…

How to sell your home.. Discount!

Karen — Wed, 21 Jul 2010 13:18:37 +0000

The economy is down and the market is flooded with properties, both retail and Bank owned. This is not a good time to list a property unless you can sell at a discount. I’ve been reading lots of news articles lately all encouraging low pricing…

30 Ways to Save Money on Utilities

Karen — Sun, 18 Jul 2010 18:03:21 +0000

There are a lot of simple and inexpensive things you can do. 1. Check it out! In many areas, cable, satellite and utility companies compete for customers so you can save on some utilities by shopping around for the best rates and plans. (Or at…

Foreclosure Numbers Soar

Karen — Fri, 16 Jul 2010 13:24:35 +0000

Foreclosures are up here in North Carolina and more than 1 million homes nationwide are expected to fall into foreclosure this year. 528,000 homes fell in the first 6 months of 2010. According to RealtyTrac Inc, 2010 is expected to top the 900,000 homes repossessed…

Investing in Real Estate – 1

Karen — Wed, 14 Jul 2010 13:39:13 +0000

So you’re thinking about investing in real estate. The first question I, and everyone else you run into, will ask is, “why do you want to invest in real estate?” Believe me, there are plenty of reasons and I recommend real estate investing to everyone,…

Foreclosure Filings up in North Carolina

Karen — Mon, 12 Jul 2010 13:23:59 +0000

Foreclosure filings were up in North Carolina by 30% from January to May and slightly higher in the Triad. A major difference now is that prime loans are foreclosing where, previously, it had been mostly the sub-prime mortgages that were failing, loans that had been…