A reader who goes by the handle “Max” made a comment the other day that got me thinking. There’s a concept in pop business theory called the Peter Principle which states that managers tend to get promoted to their point of incompetence – taking on bigger and bigger responsibilities until they eventually get to the point where they’re over their head. And this, ironically, is the point where they tend to stick.

In discussing the concept of leverage, where an investor builds a profitable portfolio of investment properties over the year by occasionally executing a 1031 exchange, the Peter Principle might be relevant. As Max points out, you don’t want to get in over your head.

Continue reading Shop the two-for-one sales :: The Peter Principle in action

This just in from the “who am I going to blame file”….

There is an interesting article in today’s New York Times about a California woman who is suing her real estate agent because she feels she paid too much for her $1.2 million home.

The woman claims that her agent “ordered an appraisal of the house” for her and her husband but “…did not respond to the couple’s request to see it.” Shortly after moving in they got a flier from another realty agent showing a house just up the street sold for $105k less than theirs.

Continue reading Feeling Misled on Home Price, Buyers Sue Agent

Don’t you just hate it when you’re looking for a way to optimize your WordPress blogs for better search engine results by finding the right tools and all the different plugins, hoping that you’re doing all of this optimizing to your blog the right way, only to find out that you actually didn’t?

So how would you like a seo tool for your WordPress blogs that will help you to optimize you WordPress blogs for better search engine results, the easy way and not having to worry about finding the right tools and all the different plugins or that you’ve missed some things? Well, with WP SEO Sniper you can now SEO your WordPress blogs quickly and like a pro, the easy way!

Continue reading WP SEO Sniper Review - Introducing WordPress SEO Sniper Professional

Lots of ink has been spilled on how our jittery market is impacting homeowners. But it’s hard to find anyone writing on the question that looms largest in the minds of most investors: what do I do now?

There, of course, is no single right answer to this questions – it will depend you’re your risk appetite, your local market, your time horizon, and your view of what the market is going to do next. But from where I sit I see five basic paths forward for investors in 2008:

1: Rebalance in the same market. This is what I’ll be doing this year. Investors Continue reading Five approaches to today’s soft real estate market

It’s resolution time for me, something I always undertake around this time of year – a couple of weeks after welcoming the New Year. I find that promises made while the confetti is still falling tend to be long on champagne fueled optimism and short on realism. So I usually wait a couple of weeks to commit.

My fun resolution is tied to my interest in photography – create a history of 2008 in 52 photos by selecting a photograph each week that I think is good enough to show, and spend a few minutes writing about why I picked the picture and what the moment meant. If you look around you’ll see a lot of photo-a-week galleries on the internet, but this will be a private project for my family. So no downloads for me…

Continue reading Real estate investing resolution

Bulding a real estate team is recommended by many successful real estate investors. Having a trustworthy team of professionals alleviates professional real estate investors with an important asset - time. Some real estate investors try to do everything themselves, creating a shortage of their time to chase after the next great deal. Thriving real estate investors build a team they can rely on and trust. The following are some team members to consider when deciding to grow your business and building your real estate team.

An REO and Investment Agent - An experienced investment agent can be a powerful ally. They find the best deals in your market.

Continue reading Building Your Team of Real Estate ?Superstars?

I’ve often mentioned that real estate investing is all about people. Here are three ways in which this general principle manifests itself.

Information wants to be free: Real estate investing certainly has an element of secrecy, as does any business endeavor that involves negotiations. For example, when you’re on the buy leg of a 1031 exchange you don’t want the seller and you’re running short on time you don’t want the seller to know that you’re under pressure to make a deal work. And when you’re selling a property that you just bought FSBO you don’t want the buyer to know that you purchased it for a song.

Continue reading People and real estate investing :: three things to remember

Don’t you just love free stuff? I know I do, especially when it’s 100% pure content…

So, let me give you some more…as promised

Yes, it’s the same report I told you about yesterday. The report is called “Search Engine Myths Exposed“ and it’s written by Jon Leger, one of the person’s I definitely look up to in the internet marketing industry.

Continue reading How To Rank Well In Google - Google Myths Exposed

Hey guys,

It’s been a while since my last post, but before I start…

I really hope you had a great holiday season and a Happy New Year!

Like I said, it’s been a while and I definitely had my reasons as I have been pretty busy learning some cool new stuff and having to deal with some unfortunate and fortunate situations

Continue reading Social Marketing And Virtual Real Estate - Secrets Of Social Marketing Traffic Strategies

So you’ve decided that you are going to sell your home. At this point the first thing you need to do is to stop thinking like a home owner and start thinking like a home seller.

There is a big difference, a home owner wants to continue on with their life, they want few to zero disruptions in their day to day world.

A home seller on the other hand realizes that until the deal is closed they will have to make significant changes in their day to day life. Things like de-cluttering, keeping things picked up, vacating the property for showings and more.

Continue reading Sellers Game Plan-Part 2