PREPARATION AND EXECUTION LEADS TO SUCCESS
We all know that the New Orleans Saints won the Super Bowl against the mighty Indianapolis Colts. The Colts were the favored team to win. I always liked being the under dog when playing big games myself. It gave me the edge. So, we witnessed Drew Brees continually executed pass after pass after pass when his team needed it the most. Does your real estate business execute call after call after call to close the business? It stated that the Saints team worked out for the last two weeks with gusto and intensity. They wanted to win this game more than their opposition. It clearly showed on television. Furthermore, the head coach of the Saints was not afraid to make a decision. Who would of thought of an onside kick to start the second half of the game? Real estate is a team sport. Do you have the right team members to win in real estate? If not, then one better make the changes to Win in real estate. I want to congratulate the entire Saints team for a job well done. The best team won.
Jerry Rice was elected to the Football of Fame for being the best wide receiver to have ever played the game of football. I grew up watching him make one big play after another for the San Francisco 49ers. However, the fame never got to his head. He always remembered where he came from and where he was heading. His father instilled a great work ethic and to be humble at all times. This man was crying on television. He said he wished his Father was there to see him on that day. Jerry Rice always performed the basics and worked harder than any other wide receiver. He was performing sprints two weeks after winning his first Super Bowl in order to improve for next year. Are we doing the same thing in real estate? Are we going back to basics by talking to people to make things happen? Are we doing open houses? Are we sending out postcards? What are you doing to get back to basics when it comes to real estate?
I have created the Real Estate and Beyond Team located in Phoenix, Arizona, to create a one stop shop for real estate investors. Our team consists of local professionals in their own area of expertise to make a great real estate team. Please visit us at www.deliateam.com for further informaiton.
Make the Call, Set the Plan, Do the Deal$!
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It was another busy Saturday morning for myself. I had to check on my listings along with three fix and flip projects to check to see if they are on schedule. I planted a sign in one of the fix and flip projects to allow the neighbors to notice my sign and ask about the house. I had two neighbors approach me about the listing. They always ask me how much is the house. I informed them that the seller is still crunching the numbers. I took their contact information so I can contact them when he have a sales price. This allows me to give them a free neighborhood analysis on their home. It is a great way to obtain clients down the road when they need a real estate agent.
So, our one fix and flip is on time and on schedule. The flooring was going in this weekend. We installed the tile in the kitchen, walkways, both bathrooms and the garage hallway. Then, we installed the carpet in all the bedrooms, living room and great room. The carpet installer was prepping the floor to install the carpet. I use the same carpet company for all of my carpets. They have the best price on carpet in Phoenix, Arizona. They install well over 60 homes per day. It is nice to have connections when doing fix and flips. We do a combination of tile and carpet in each house to give it a warm feeling. We used neutral colors on the walls to give it an overall great feeling to purchase this home. Make it happen!
We did the basic when it came to the landscaping. We simply cleaned up the front and back yard of this house. It has a huge backyard with a flower bed. We will be planting flowers in the back to give it that extra in the backyard. We have done a lot of work to this house. This picture shows garbage along the wall. This will be removed Monday morning from our faithful landscaper. Again, it takes a team of professionals to move these houses. The Real Estate and Beyond Team can make this happen for you whether you are in or out of state. We have the team of professionals to make it happen for you. Make Money Today!
Luke Air Force Base located in Arizona continues to make the news when it comes to building new homes next to the air base. This battle has been going on for the last 30 years. Luke Air Force Base contributes over $2 Billion to the state economy. Plus, Congress is about to spend money on the F-35 jets. Luke would be the ideal site for the new f-35 training facility. However, large land owners continue to battle over the right to build new homes. There were talks of closing down Luke Air Force Base due to the number of homes so close to Luke and jets flying over residential area. It seems like there is hope for saving Luke Air Force Base.
We continue to experience a rough real estate market with unemployment at 10% and with another three million homes predicted to be foreclosed upon in 2010. Many people are scared of losing their home and they do not know who to call to receive professional assistance. I am sure you have read about many scams in your local area. We have many wolves in sheep's clothing out there ready to take advantage of people. It seems the biggest scam right now are the loan modification companies.
Short sales continue to increase across America. They continue to represent a larger portion of listings here in Phoenix, Arizona. So, another scam is when people inform people that they will assist the home owner in the short sale process. However, this person quit claims himself on the deed. Then, puts the property in a trust. A contract is signed by a buyer and the trust for a lower price. They negotiate for the lower price with the bank. Meanwhile, the continue to market the property for a higher price. Boom, they receive another contract for $20K higher than the accepted short sale price at the bank. All parties perform a simultaneous close. Investor makes $20K off the entire transaction. The seller does not know until later on when he or she checks the County records online. The state of Arizona has cracked down on that practice. A simultaneous close must be disclosed to all parties in the transaction and disclose the money at the same time. Please seek a licensed Realtor to handle a short sale.
How many of you are building a real estate team? Is it hard to find quality people to join your team? I have built several real estate teams over the last eight years. Yes, I have disbanded teams to start over. Why? There are times when one must shift with the market. Well, I disbanded my entire team last year to start over in 2010. Now, I have my lineup on who I want on my team. All I have to do is find people to fill those slots. It is much easier when you know what you want than not knowing. I have a lot to offer when it comes to training and learning other areas of real estate.
We are very active when it comes to fixing and flipping in the Phoenix, Arizona real estate market. We are bidding on Arizona Trustee Sales on a daily basis. Banks continue to sell off assets every day. It is any given day down at the court house steps. I work with brand new and seasoned investors. I have noticed that I am starting to receive more phone calls from people who are 55 and above to generate cash to keep up with the lifestyle. Wall Street have decreased their assets by more than 30% over the last two years. Please visit my web site for further information at 
My goal is to have every real estate investor with one property at a time. The first fix and flip for an investor has to be a winner. That means they obtain more time from me since they are relying on my expertise when it comes to fixing and flipping. I am constantly following up with the investor pretty much three to five times per week. There will always be surprises during this process. There are no guarantees once we start improving the property. Here is our current project. We had to treat mold in this one section of the wall due to a water leak. Done! Next, investor made a decision to do carpet and tile throughout the entire house. Next, the investor decided to cut down the tree in front to obtain greater curb appeal when it goes on the market this weekend. We like to be in and out of a house in week. That takes team work to make this happen. We all know time is money.
Then, we list the property for sale once the repairs have been completed. We make sure the house obtains as much exposure as possible both on the Internet and the local community. Homes are still selling in the Phoenix market place. Why? We have too many bank owned and short sale properties on the market. This means the buyers agent does not obtain a fast reponse. Our investors respond to the offers within 24 hours. Also, we have the nicest homes on the block so buyers want to purchase the home. First time home buyers do not have much money to repair a home. We will even purchase appliances if needed to close the deal.
So instead of having a "reliable" and experienced local appraiser, they instead farmed out the process (and sometimes to a company they own) to a company that would then find an "independent" appraiser. 1 problem is, the appraiser has no accountability.
So if you (Mr. Appraiser) don't know the area, what are you going to do? Pick the wrong houses and appraiser more conservatively (they can only get in trouble if they appraise a place too high, so why not just make it come in lower. It also takes more work to come in higher). An appraiser's job is not to be conservative or aggressive, but to be as correct as possible. Recently we had a listing where a bank promised that they used local appraisers.
of the time the seller will just drop their price and the last 1/3rd get new appraisers or work it out.
I started my blogging adventure last April of 2009. I never thought much of blogging. Who is going to read my material? What do I have to write about? My grammar is not that perfect. I am sure many of us had those thoughts in our heads when we first started blogging. However, I made a commitment to myself that I would devote 90 minutes per day for one year and see where it takes me. Today, I am considered a local expert when it comes to real estate. Also, I am an ActiveRain Ambassador to assist new comers when it comes to blogging. I just received an Email this morning from a new blogger for advice see below.
So, I received this Email last week from a gentleman from Minnesotta. Please review a sample of his Email below:
I received an Email this morning at 9:15AM see below.