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Property Crossroads - Real Estate Info

Archive for June 2007

June 29th, 2007

10 Do’s and Don’ts for Making Money in Real Estate

Here are some good and practical tips from HGTV.com to maximize the profit potential of your residential real estate investment:

Do know your market
Do look for cosmetic-only repairs
Do be prepared to do the work yourself
Do know the features that will sell a home quickly
Don’t ignore curb appeal
Don’t procrastinate-if quick revenue is your real aim
Do have budget, […]

By Maricel Ferrer-Custodio -- 3 comments

June 29th, 2007

Mortgage Rate Falls…Sign of Good Times Ahead?

The rate on a 30-year fixed-rate mortgage is now at 6.67 percent a slight decrease from 6.69 percent from the previous week.

"Mortgage rates eased slightly for the second week in a row after taking their biggest jump in four years two weeks ago, Freddie Mac said Thursday"
""This week we saw further effects of the […]

By Maricel Ferrer-Custodio -- 0 comments

June 28th, 2007

Real Estate Investment Made “Less Risky”

Wil Moore, the Managing Director of the Capital Markets division of Pacific Security Capital wrote "5 Ways to Reduce Commercial Real Estate Risks".  It is a good guide for those who wanted to enter into real estate development in general. 
Here are his recommendations:

Buy or build from the market’s perspective, not just your own.
Build your […]

By Maricel Ferrer-Custodio -- 0 comments

June 26th, 2007

Time and Money: Equally Important in Real Estate Investment

Time is equivalent to money when investing in real estate. 
Initially, when buying any property it pays to buy at the right time.  Real estate is a cycle. There is a boom and bust period as you can clearly see in this real estate roller coaster.  It is an interactive graph of the real estate […]

By Maricel Ferrer-Custodio -- 0 comments

June 20th, 2007

New Beginnings: 10 Steps to Kick-Start Your Real Estate Millions

Do check out the links in each item for references from my past articles. 

Find an inspiration; a person, a property, a lifestyle that can  motivate you.
Set a goal or a project .
Find a good source of stable income
Set a budget
Have a game plan.
Take action on your game plan!
Learn, Learn, Learn…specially from other’s mistakes and achievements. […]

By Maricel Ferrer-Custodio -- 2 comments

June 19th, 2007

Donald Trump’s Winning Strategies in the Art of Negotiation

Negotiating a deal can either make or break you in real estate.  The purchase price is on top of the list when it comes to negotiating a deal in real estate.  However, there are more to consider such as: terms of payment, guarantees, warrantees and other conditions stipulated in the contract.
In the Trump Blog, Donald […]

By Maricel Ferrer-Custodio -- 0 comments

June 18th, 2007

Fancy Living Near a Cemetery?

We only have one earth to live. With our population continually growing; specially now that we have longer life spans, land is becoming more scarce. We’ve heard about animal habitats getting destroyed as what happened in the film "Over The Hedge". But  now, even the dead is competing for their land.   As new areas are […]

By Maricel Ferrer-Custodio -- 3 comments

June 16th, 2007

Technical Issue in Uploading

One of my recent posts, “To Flip or Not to Flip: Analyzing a Deal” was uploaded several times due to some minor technical issues. I apologize for any inconvenience it has caused to Property Crossroad’s RSS subscribers and other readers.
Share This

By Maricel Ferrer-Custodio -- 0 comments

June 15th, 2007

To Flip or Not To Flip: Analyzing a Deal

Here are two videos that will help you analyze if a property is worth flipping or not. The other flipping videos I’ve seen are selling the presenter’s credentials rather than actually teaching the techniques. In fact, I’ve seen another video thats talks about earning 6 figures a month just by flipping a property, could be […]

By Maricel Ferrer-Custodio -- 1 comment

June 15th, 2007

Flip This House Scandal: Reality TV Becomes a Flop (Part II)

Sam Leccima’s "Flip this House" scandal had not only deceived his investors, but also the thousands of viewers of his show. Scams like this gives some unknowing amateur real estate investors false hope on how to make a quick buck in real estate.  In fact, a lot of people are interested in these type of […]

By Maricel Ferrer-Custodio -- 1 comment

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