Real Estate Investing As A Business
“Investment is most intelligent when most business like” – Warren Buffett If investing is better when conducted most business like, does it mean that more real estate investors ought to be investing in a more businesslike fashion? Should every real estate investor be investing as a business? What does that really mean? What does it look […]
Technology vs. People Skills: Which Real Estate Strategies Will Win?
The real estate industry caters to independent strategies. For every investor, there is another way to go about conducting business. Some may prefer to utilize the convenience of technology while others want to maintain personal relationships. However, for one reason or another, there remains a void between these two independent strategies. Smart investors will figure […]
Real Estate Lead Generation 101
What are the best real estate lead generation options today? Where and how can real estate agents, investors and other related industry professionals generate more leads for buying, selling and renting properties? What are some of the little known benefits, and pitfalls of common real estate lead generation channels today? Here are 12 ways for real estate […]
Ellen DeGeneres Reportedly Flips Marvelous Montecito Estate for $11M
Talk show host Ellen DeGeneres has done it again. She and her wife, actress Portia de Rossi, have orchestrated a successful off-market flip in Montecito, CA, for $11 million, Variety reports. The couple snapped up the equestrian estate, known as Rancho San Leandro, eight short months ago for $7.2 million. Which makes the sale impressive and profitable. Despite being ravaged by mud slides earlier […]
Which Home Improvements Add The Most Value?
Throwing money at a property does not guarantee success. The reality is that finding the right updates, upgrades and improvements is not about money, but rather doing the right work for the market. Simply throwing money at a property and expecting a return will leave you frustrated and disappointed. Savvy investors know that not all updates are […]
When New Houses Could Legally Have Only One Bathroom
Back in the day, you were lucky if you had one bathroom in your house. Prior to, and after World War II, there were actually government restrictions on the number of bathrooms that could be built in newly constructed homes, due to materials shortages. Reader Shari D. recently posted an informative comment on a story […]
Palm Springs Aerial Tramway
If you’re like me, you’ve driven Interstate 10 many times and passed right by the Palm Springs Aerial Tramway sign just west of this most-famous desert home of the Fords, the Bonos, the Hopes and other retired, well-heeled of the desert. Recently, I stumbled upon the Palm Springs Aerial Tramway website, and the more I […]
Desert Park Estates | Week 1
Our newest acquisition at 2841 E Vincentia Road is located in the Desert Park Estates neighborhood of Palm Springs, CA. Built in 1978, this home modestly continues a bit of mid-century character, along with a southwestern flair. The nearly 10,000 S.F. lot faces north exposing the backyard to a near constant flow of sunshine, and […]
Desert Park Estates | Week 2
Now two weeks into the Vincentia road project we have finalized our floor plan and can begin to really appreciate how opening a few walls can provide a more spacious and flowing experience. We have decided to convert the existing bonus room into a second master suite. Additional glass sliding doors will expose the new […]