Everything Else

I see many people use Zillow to value a home, but are Zillow home values accurate enough to depend on? Zillow uses what they call a Zestimate to give values on homes. Many home buyers use Zillow.com as a basis for what their home or a home they want to buy is worth. Zillow has many great tools and a lot of information for homeowners and home buyers, but their home values are not always accurate.

Why should you listen to me?

Hello DG Family,
Ok, I see this all the time and I want to create a challenge. Currently, there are 12 users online and 359 guests. A few years ago, there used to be so many users online it was UNREAL. It seems this site has gone by the way of lurking and hidden presence. This disturbs me because it was a place I used to go for ALL my support.

I now see new threads die before they start because they get buried without a reply. Once popular threads have been abandoned because the 'what's hot' algorithm was changed.

I want to ENCOURAGE all you guests to say hi on this post. Log in, and tell me why you're here and how this site is helping you. WE WELCOME YOU TO THE DG FAMILY AND WANT TO HEAR FROM YOU.

Let's face it. We're REAL ESTATE investors! We want to get PROPERTY. Its what we do! It's what we LOVE! Get PROPERTIES under contract... Its what we're here for. But is it really? Think about it.

You are actually in the PEOPLE business here. Whether you like it or not, this is about marketing and connecting with people, finding out their needs and then providing them what they're looking for, a service tailored around what THEY want.

The overwhelming majority of real estate agents do the right thing for their home-selling clients, and try to market these homes to the best of their ability. A small number, however, appear to be gaming the system for their own gain. “Pocket listings” have been around for a long time, but appear to be growing in number right now for some reason. It’s not a huge problem, but it’s a situation that makes no sense for the average seller to even consider, so it’s worth calling attention to.

Dean's live broadcast is over but you can watch the replay right now! You'll get to see some amazing scenes from the 12 hours of training that spanned two whole days EDGE 2014 this last weekend.

You can order your copy of the EDGE 2014 Home Study Kit for just $39.95 upfront and get INSTANT access to it online while you wait for the kit to be delivered. Plus some limited time bonuses you just got to see to believe..

This insane offer to get it for such a cheap price and priceless training and education will expire soon, so don't delay and miss your opportunity to get to the next level.

I have a seller lead for anyone in the Steven City, VA Market. Please send me a PM for details.

Happy Buying !

Darren
www.HomesSoldCheap.com

At the Deans edge event 2014 Matt Larsen taught an important principle of Liquidity. If you are looking to buy and hold properties having bank financing is crutial to that business. Banks now a days want to see strong borrowers. It is harder to get loans than ever before.

Matt suggested that all investors before they start buying and holding they need to have at least 100K in the bank that they don't touch. This will give you enough liquid money to cover any rainy day and also give the banks enough confidence that you can keep their loan performing.

He also suggested that everyone should start with wholesaling then do fix n flips then buy and hold, in that progression order.

Here is an article I found on MSN that talks about home ownership and how it is at it's lostest level in 19 years. The reason behidn the drop is that in a lot of areas investor have come in and bought up the investory of entry level housing. This has driven prices up and cut down on inventory available. This is good news for land lords as rental demand is high now.

The homeownership society is clearly over. Even as home prices soar and value returns to real estate, the one number that just keeps falling is the nation's homeownership rate. In the first quarter of this year, it fell below 65 percent for the first time since 1995. It now stands at 64.8 percent, according to the U.S. Census, down from a high of over 69 percent at the height of the last housing boom.

Several questions are always asked "where does the grounding system end"?

The goal is to get the electricity to flow to ground. There are several ways to do this, including –

1- Through metal water supply pipes

2- Through metal rods driven into the ground

3- Through wires buried in the footings of buildings

4- Buried grounding plates or rings

5- The frames of metal buildings (more common in commercial than residential construction)

6- The metal castings of private water supply lines

In some areas, metal water pipes running to the street water mains are being replaced with plastic. This defeats the grounding system, and it is impossible to detect during your inspection.

Most people will not know what to look for in the grounding from the electrical box to a grounding rod, But this is something that should be checked as you purchase or view your property for the first time. The ground wire is typically connected to the service box at one and into a pipe or ground rod at the other. Make sure the wire is securely fastened both hands. Where ground wires are attached to pipes, it's not adequate to just wrap the wire around the pipe. The wire must be secured with the client approved for that purpose, the wire may be loose in the clamp for the Klante may be loose on the pipe.
Corrosion of the wire, clamp or pipe could result in poor conditions. Where you see this, recommend further inspection be done.

HAPPY REHABBING!!!