Americans Pessimistic about economy
Results from Fannie mae’s September housing survey showed Americans not only pessimistic about economy but also Continue reading
Survive and prosper in this Real estate crisis
It is easy to understand how someone can be uncertain about the future of Real estate. there are many conflicting reports. The confusion comes from the recession which just passed and the Real Estate crisis which has not passed. My philosophy at Cannon Real Estate Carlsbad property management is to Continue reading
About HUD Homes
Hud homes are properties that the buyers obtained FHA financing which is government financing that offers a low down payment of 3.5% and these are homes that the government-FHA- guarantees the loan so that when the homeowner defaults Hud than pays that lender off so they do not lose any money. When these homes are foreclosed on and sold back to HUD at the foreclosure auction then they become Continue reading
Realtors have call to action
The California association of Realtors is sending out a call to action to contact our senators because in less we act the current FHA loan limits and conforming loans will expire in September. Cannon Real Estate Carlsbad property management just received are blast email this mourning September, 26th 2011. Here is our take on this situation for investors. Continue reading
Economy update
There is not much change in economy we seem to just be getting by. According to Fannie May the forecast will remain sluggish at below 2% throughout 2012. The unemployment rate will remain above 9%. However San Diego is Continue reading
1031 Exchange building wealth
The 1031 exchange is a method to defer any taxes owed on the sale of Real Estate. To be completely tax free you would exchange, exchange, exchange and keep exchanging until you died.
the following is a description of how to do a 1031 exchange Continue reading
Foreclosure process and how banks determine price
Foreclosure search
If you check out the foreclosure search on www.cannonrealestate.com you will find a source for all foreclosed homes including the different stages of foreclosure including the pre-foreclosure to properties set for auction and the properties that sold at auction that are bank owned. The source I use is a service that Cannon Real Estate Carlsbad property management subscribes to called Foreclosure Radar.
Notice of Default
The foreclosure process starts with a notice of default. The banks Continue reading
Group Investing and Asset Protection
All the different types of ownership have their own advantages and disadvantages Life changes can play a big role in how you take title to investment property In this article I will put forth some ideas of how smaller investors can group together with family, other friends and people you know to leverage your money to purchase investment real estate. Continue reading
Future of Real Estate investments
With the stock market becoming so unpopular investors are going back to the basics, Real Estate, everybody needs a place to live. With the real estate market in such turmoil now is the time to invest in Carlsbad real estate. fortunes are made during times of economic distress. One of the major factors affecting our economic structure is the baby boomers. Continue reading
Risk tolerance for real estate investor
The risk tolerance for real estate investing is different depending on which kind of investor you are. At Cannon Real Estate Carlsbad property management we always advise when buying property as a non owner investor to having the ability to putting a large down payment so you will have cash flow from the get go.
The First time investor Continue reading
Rents for retirement
I believe there is retirement gold in buying an investment property, finding a tenant, collecting cash flow while paying the mortgage off. Real estate can work out much better than stocks over the long run. Building a real estate portfolio is especially important if you do not have a pension, and if you do have a pension you can utilize the pension Continue reading
Single Family Real Estate investment strategy
I prefer Single Family homes and condo’s as investments because they have a lower risk than other types of investments. Single family homes are easier to rent than multi-family for example and tenants generally will stay longer and they are easier to liquidate if you were in need of cash.
Hud homes are a good choice Continue reading
The First Time real estate investor- converting your personal residence to investment property.
Not all Real Estate investors are alike. The first time Real Estate investor may have purchased his own home to live in but has not purchase a rental property or converted his own home into an investment property. Sometimes for some investors it would be financially wise to convert your personal residence into a rental property. Take this scenario: Continue reading
The benefits of Real Estate investments
In the way many people in the past looked at real estate investments as paying more than you could afford and not being able to cover your mortgage in a rental situation and lose money for a year or two, but only to sell the property in a couple of years and make a big profit. This investment strategy lead to disaster for many investors while some who disposed of property quickly made out like bandits.
Cash Flow
Cash flow is one of the main benefits for Real Estate investors as many investors who have owned property long term have realized. Simply put Continue reading
Real Estate Investments out weigh the stock market
Real Estate has changed but you can still acquire great wealth through real estate investments. The key is to owning cash flow properties and holding on to them long term. Compared to the stock market real estate has over the long term surpassed the stock market. In addition to possible appreciation real estate investors benefit from cash flow, leverage, and tax benifits such as depreciation and 1031 exchanges. When purchased Continue reading