In my last post I talked about real estate market in Woodbridge Virginia and how it has evolved over the past ten years from a dead zone into a highly competitive market of investors and retail buyers. In order to get the deals in the market you have to pound the pavement. One of the…

In real estate, you make your money when you buy. It’s a common phrase in the business and no truer words have been spoken. Let that sink in. You make your money when you buy the property. Not when you sell. If you don’t buy the property right, at the right price and or terms…

House prices are going. Construction prices are going up while quality work is harder to find. More competition from newbie real estate investors. This all makes the D.C. area less attractive and more risky for House Flippers.

REAL ESTATE INVESTING IS RISKY AGGRAVATING BUSINESS. Don’t let the Guru’s tell you otherwise.

Sure, if a contractor cheats you or underperforms you can take them to court. But, is it worth the time, effort and upfront cost? Here’s how it went for me when I took legal action against a contractor.

If you’ve decided to sell your own home then make sure you’re prepared.

Before you do anything else make sure you know what you’re getting into. Be confident that it is possible to sell your own home. But, also be aware that it is a lot of work and it can be very frustrating. If you want to get top dollar for your home then you really have to put in the work. The listing agent on a home makes a very big difference. There have been many homes that I’ve looked at and wondered, why isn’t this home selling. It’s priced right. It shows well. Yet the home languishes on the market while surrounding homes go under contract. Then I call the listing agent and the reason becomes clear. A lazy agent can kill a deal. If the agent is not readily available, responsive, accommodating, knowledgeable and pleasant then it can really drag a property down. Very few people have a unique home. If buyers can’t get information and access when they want it then they just go on to the next home. You’re now your home’s agent; be a good one.

Our minds like to set up quick and fast rules. These rules help us quickly evaluate situations and make decisions about how to proceed or if to proceed. All of our daily decisions are like math equations. Our minds like to preprogram acceptable values for as many variables as possible in advance. You know, fire…

Posts Tagged: wealth

Driving For Dollars in Woodbridge Virginia: On the Road with the President of Prince William Historical Society.

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DC Home Prices & Increased Competition Make House Flipping Risky

The First Thing You Need to Know About Real Estate Investing

I Sued A Contractor & Won. But Was it Worth It?

You Can Sell Your Own Home and Save Big on Real Estate Commissions

Money is the Root of a Lot of Good