tag:searchlightcrusade.net,2024:/mt//feed/property investment 2024-04-26T05:47:36Z Movable Type 4.21-en 60 1 60 tag:gockel.hmdnsgroup.com,2006:/~searchli//3.2445 2023-09-18T14:00:00Z 2023-09-18T13:56:36Z Dan Melson http://www.searchlightcrusade.net/ I saw your article on on Searchlight Crusade about exclusive buyers agents and I have a couple follow up questions pertaining to my own situation that I am hoping you could shed some light on. I don't have any... tag:www.searchlightcrusade.net,2007://3.3693 2023-04-03T14:00:00Z 2023-04-03T14:53:35Z Dan Melson http://www.searchlightcrusade.net/ I get occasional questions about the difference between these three kinds of activity. Well, there are subjective parts to the answer, but here are some general guidelines: A true flipper is looking for a quick turn on the property, usually... tag:www.searchlightcrusade.net,2007://3.3662 2022-11-01T14:00:00Z 2022-11-01T13:50:09Z Dan Melson http://www.searchlightcrusade.net/ I am an adamant believer in the Non-exclusive Buyer's Agency Agreement. In practical terms, as opposed to the Exclusive Buyer's Agency Agreement, it is so much to the advantage of the consumer that it isn't funny, and it doesn't usually... tag:www.searchlightcrusade.net,2010://3.5026 2022-04-11T14:00:00Z 2022-04-11T13:42:53Z Dan Melson http://www.searchlightcrusade.net/ Market segmentation is what happens when certain things are much more in demand than others. For instance in the hot market brought on by the tax credit of 2009, the central area of San Diego was in high demand,... tag:www.searchlightcrusade.net,2009://3.4725 2022-01-04T15:00:00Z 2022-01-04T14:43:08Z Dan Melson http://www.searchlightcrusade.net/ A couple years ago, I took a look at a lender owned property a few miles from my office. It was ugly. I mean ugly. The yard was a mess, there was a deck that was rotting. The facade looked... tag:www.searchlightcrusade.net,2007://3.3533 2021-11-29T15:00:00Z 2021-11-29T16:59:47Z Dan Melson http://www.searchlightcrusade.net/ My aunt is going to move to a new condo and wants to sell her old one. I would like to buy her old condo as an investment and rent it out (as I am already a home-owner). This... tag:www.searchlightcrusade.net,2009://3.4693 2021-10-26T14:00:00Z 2021-10-26T13:09:44Z Dan Melson http://www.searchlightcrusade.net/ Hi, Dan! I just came across your website and you strike me as the type of guy who has answers for our situation: My husband and I built our home 2.5 years ago. We took out a second mortgage... tag:gockel.hmdnsgroup.com,2007:/~searchli//3.2909 2021-10-01T14:00:00Z 2021-10-01T15:35:00Z Dan Melson http://www.searchlightcrusade.net/ Read your article on negative arm loans, and for the person who only owns a residence and most real estate investors it will not work. I own several properties, and the parcel to be refinanced is ocean front...so is... tag:gockel.hmdnsgroup.com,2007:/~searchli//3.2891 2021-09-19T14:00:00Z 2021-09-19T12:57:41Z Dan Melson http://www.searchlightcrusade.net/ (This article was originally written in August 2006. The market and loan rate figures have changed, but the basic information is the same, as is the conclusion) Okay, you might expect a Real Estate Agent to have a post with... tag:www.searchlightcrusade.net,2010://3.5011 2021-09-15T14:00:00Z 2021-09-15T12:33:54Z Dan Melson http://www.searchlightcrusade.net/ I don't do rental agency, but I do I work with people to get them to the point where they are ready to buy. I recently got this email from a single mother I'm trying to get into a position... tag:gockel.hmdnsgroup.com,2007:/~searchli//3.2873 2021-08-30T14:00:00Z 2021-08-30T14:28:37Z Dan Melson http://www.searchlightcrusade.net/ The majority of the protections that folks have are aimed at helping non-professionals have a chance in the complex and nearly incomprehensible maze that is real estate. The legal presumption is basically that you are a babe in the woods,... tag:www.searchlightcrusade.net,2009://3.4588 2021-08-19T14:00:00Z 2021-08-19T13:33:40Z Dan Melson http://www.searchlightcrusade.net/ An email: Hi Dan, I was reading your article on "should you pay off your mortgage faster?" (DM: link here DELETED It'll be a fresh 30 year loan and I'm 44 years old so this discussion has interest, I... tag:www.searchlightcrusade.net,2010://3.4999 2021-08-09T14:00:00Z 2021-08-09T14:43:54Z Dan Melson http://www.searchlightcrusade.net/ Lots of properties have some kind of problem with them. Maybe you bought in full recognizance because of something else about the property, but probably not. Mostly it's directly a result of not spending the effort to find a good... tag:www.searchlightcrusade.net,2010://3.4995 2021-07-31T14:00:00Z 2021-07-31T15:24:52Z Dan Melson http://www.searchlightcrusade.net/ One of the things that has constricted the most with the current paranoid lending environment is the ability to use rental income to qualify for a mortgage. It seems that lenders are seizing upon any excuse to deny income... tag:www.searchlightcrusade.net,2009://3.4543 2021-07-29T14:00:00Z 2021-07-29T13:33:51Z Dan Melson http://www.searchlightcrusade.net/ Every so often I get e-mail asking why real estate transactions are so complex. Matter of fact, I have this discussion with most clients at some point. The answer is, "Because real estate transactions for a lot of money, and... tag:gockel.hmdnsgroup.com,2007:/~searchli//3.2793 2021-06-24T14:00:00Z 2021-06-24T10:12:56Z Dan Melson http://www.searchlightcrusade.net/ Well, sometimes. Okay, most of the time. But not always. Foreclosures: Bargain hunters beware! Myth no. 1: A big spike in foreclosures is right around the corner... ...That's because in most of the country, anyone who has owned a home... tag:www.searchlightcrusade.net,2009://3.4481 2021-06-23T14:00:00Z 2021-06-23T12:52:29Z Dan Melson http://www.searchlightcrusade.net/ On a fairly regular basis I get email asking what I think of this or that loan calculator on the web, this or that predictive model for real estate prices or loan rates, etcetera. Loan calculators are pretty simple when... tag:gockel.hmdnsgroup.com,2007:/~searchli//3.2783 2021-06-15T14:00:00Z 2021-06-15T14:17:52Z Dan Melson http://www.searchlightcrusade.net/ My aunt is going to move to a new condo and wants to sell her old one. I would like to buy her old condo as an investment and rent it out (as I am already a home-owner). This... tag:gockel.hmdnsgroup.com,2007:/~searchli//3.2757 2021-05-16T14:00:00Z 2021-05-16T13:20:52Z Dan Melson http://www.searchlightcrusade.net/ I keep running into people who paid money for a get rich quick seminar and are looking to buy property for zero down and immediately sell it for a $50,000 profit. Somebody With A Testimonial Told Them How It Could... tag:www.searchlightcrusade.net,2010://3.4958 2021-03-22T14:00:00Z 2021-03-22T17:35:51Z Dan Melson http://www.searchlightcrusade.net/ For a long time, Fannie Mae and Freddie Mac had a policy that they would not fund investment property (non-owner occupied) beyond 10 loans for a given investor. Although it did impact a certain number of investors, for most folks...