Investing Journals

Its been two days since I started the 30 days to real estate cash book and several days after the buying summit in Vegas. Doing a few comps for myself and finding agents that deal with investors has been successful. A question I raise is, if you do the comps for houses sold vs. houses for sale does that number indicate anything. For example houses sold came in at 211.40 a sq ft while houses for sale came in at 241.14 a sq ft. does this mean anything?

Additionally I would like to add that two full days of diving into the education and knowledge we received has not felt like work but rather a fun exciting new future. I will continue to post my daily progress

Mortgage Rates Higher
Though mortgage rates are still in a lower range than they were in December and entering the New Year, they edged higher this past week. It was a small movement, with most of the effect felt only in the closing costs. Which direction they move from here will be influenced greatly by coming actions of the Fed. Rates could be at a crossroads, with a risk that we may never back up and always look back on the last couple of years as an anomaly not to be repeated.

Lenders Liking Apartments Again

Starting my own journal for success on my journey to success today! This should have been started a long time ago but better late than never!

I've been so caught up in this refi that I have been a little off track. At first I was a little discouraged but then I realized that real estate is what I am going to be doing the rest of my life. I need this refi right now and besides I'm distracted by real estate stuff. Plus I've managed to listen to a book and a half this week at work and will finish the second one before the week is out.

I'm a 50 year old retired high school teacher, mother of three and grandmother to two. Last May/June I attended my first Dean Graziosi weekend seminar and was inspired. Real estate investment seemed like a perfect "fit" for this next stage of my life as it gives me flexibility to spend time with my grandchildren and gives me goals and purpose - - - and hopefully financial reward!!

I'm a Canadian in an area that has a strong seller's market. I find it tough to find properties with potential that are deeply discounted.

My mom and I just got back from the Buying Summit in Las Vegas, and it was such an amazing experience! We bought our first property and some land. Now we have more confidence to out and do some assignment of contract and double close deals - it just doesn't seem as scary now. I'm sure when we do our first double close it'll seem even less scary. I'm looking forward to feeling the thrill of a deal without the trepidation!

Hello to everyone,

A recent article over at NuWire.com speaks to the relatively poor performance of REITs, Real Estate Investment Trusts, in 2013. Actually, the article cites a report that shows real estate funds that invest in mainly commercial REITs have not done very well recently.
Real estate ranked as one of the worst performing categories of 2013. In 2013, the S&P 500 returned around 32 percent while real estate funds gained only 1.6 percent according to Morningstar. Rising mortgage and interest rates have contributed to the situation. Dividend-rich sectors generally suffer in rising rate markets. As bond yields improve, dividend stocks are sold and investors move into bonds.

Hello All,

I keep hearing abou the 25-1 senario but cannot find it on the site. Anyone know where this is at? paul

After reading Dean's book, I decided to jump in with both feet and do the deal(pun intended). I thought what's the worst that could happen? The answer I came up with was that I would learn from my mistakes.

I'm ready to jump in and take action but I'm confused by some of the different options for wholesalers and what would be the best to focus on such as foreclosures, probate, regular properties, etc. Any suggestions on the best thing for a newbie to focus on? Thanks