Derek Guyer's (landchasers) Blog

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Real Estate Agent - Land Chasers
RECENT BLOG POSTS
If you're looking at properties on a fairly regular basis, I'll guarantee you've heard the following line in the past 6 months: "We have an appraisal from [insert date here] for $[insert amount here]." Stop. Write it down. What was the date they told you? If it's anything other than the last 3 mo...
05/23/2008
As an real estate investor, you probably spending a lot of time looking at a lot of property. But, what about you out of state investors? And you international investors? How many times do you have the freedom to rush in and check out something you're buying?   The major problem here is that no ...
05/20/2008
We've created a lens on Squidoo for Cash Flow Real Estate. I'm really impressed with what Seth Godin has put together to bring people and information together and thought this would be a great place to reach more people. We've linked some of our favorite blogs and sites there for you to get more ...
05/19/2008
Values tumbled in the first quarter of 2008. The median price for a single family home dropped 7.7%. That's the largest drop in 29 years, according to Kathleen M. Howley of Bloomberg.com. If you have a $150k house, there's a good chance you just lost about $11k of equity in your home. While this ...
05/13/2008
It's easy to get into a rush as you're running numbers, because every deal is the "deal of a lifetime". This rush is part of what makes it so enticing for investors to get into the investment real estate world. Sadly, it's also the very thing that takes many of them back out so quickly. See, what...
05/06/2008
We're in a very difficult economy right now. Investors have to take seriously how quickly things could change. You could lose a tenant and have a vacancy for six months before any tenant is ever interested in your place. How will you survive that many months of mortgage payments? What about the u...
04/29/2008
We've talked about this quite a bit before, but your property manager will make or break your real estate investing. Find the wrong one and their likely to be terrorizing tenants, like the Macy's. Get serious about having a property manager who will take care of your tenants. It's never too late ...
04/25/2008
I've watched numerous deals close and numerous deals fall apart. They come, and they go. It's reality. The hard part of the reality is when people make stupid decisions. It's difficult to watch it happen. It's even more tough to see a deal crumble as decision makers listen to people with absolute...
04/22/2008
Foreclosure filings have jumped 57% from a year ago. The bubble has burst, and if you think this only affects us here in the US, you're wrong. It's has spread overseas. You can call me a pessimist, but the reality is staring us in the face. We're in a recession. And, if these articles and everyth...
04/15/2008
Over the past year, I’ve talked quite a bit about the importance of putting together a solid team of advisors and workers in your investing. The right team will make or break your efforts to invest wisely. Given the nature of the current market, I encourage you to really get serious about this pi...
04/08/2008
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