Greatest Real Estate Agent in the World

The Greatest Real Estate Agent in the World is a good title for a post that is long in coming. I just realized that I last posted in August. A lot has happened since August.

Well the reason for this blog was because I had a client with several websites that were hard money related sites. (See side bar) That is no longer the case, and you could say this blog is up for grabs.  Any takers?

Anyways, Newhomessection.com is involved in an SEO contest and they want to rank for The Greatest Real Estate Agent in the world. So I thought I would write a little post on this blog, since it is a real estate related site.

I really don’t know if the people at Newhomessection are the greatest real estate agent in the world, but they do have a really beauteous real estate site which serves the Arizona and California real estate markets.

If you are looking for some real estate in that kneck of the woods, check out their site and see if they have any info that could help you out with your real estate quest.

A House being Flipped

A house is being flipped just two doors down from Lizzie’s. A young couple had lived in the place with one young son. One day we noticed a truck that was unloading a bunch of the furnishings. Quick as that, they moved to the other side of town. The guys who are flipping the house have been working on the place for the better part of three weeks, and on the weekends for extended periods of time, that usually start early in the morning and end late at night.

Last night Lizzie and her friend were talking to them and they said it would be done being remodeled by next Tuesday.  I guess they added a bit of time on. I had talked to one of the guys last week and he was saying they were hoping to get it done by this coming weekend.  What’s a couple of extra days.  Just a couple of thousand dollars(hopefully not more).

Well we will be watching and antipating the outcome of this flip. We are hoping they make a bundle, because that will help us out when we eventually decide to sell Lizzies place.

Flipping Houses Lunch

While on vacation in Las Vegas, we had lunch with some friends who were also vacationing out there. They both are professionals, but they want to Flip houses for a living. They currently have a condo, a duplex, and have had several others that they have sold. Their plan is to get so they can flip about three properties a year to replace his income. They have come to the realization that inorder to be able to flip the houses on a schedule, one of them needs to not work. Work just has a way of getting in the way of rehabing a house. After all, contractors are not going to work around your schedule. They also mentioned that they think the housing market in Chicago, where they would be flipping, seems to have become a little flat. They are not the only ones who have sensed that the Real Esate bubble has burst. According to Harry S. Dent JR, in his article The housing boom has peaked he states that he believes the flattening has started earlier this year and will continue for several years. Then some time near or after 2010 he predicts that their will be a down turn in the real estate markets.

The flattening of the real estate market can be seen in many other areas. Ben Jones of The Housing Bubble Blog, in his post “The Only Way It Can Go Is Down” states statistics that indicate that the sales of homes in Virgina slid down in September for the 13th straight month.
With this knowledge at hand, I hope my friends along with many others that would try and make a living at flipping houses do so wisely and frugally. As long as they can flip at least 3 houses a year they should remain financially stable for quite a while. When they flip these houses I also hope they manage to invest some of these funds in other markets to act as a cushion just incase the market turns more suddenly than expected.

Hard Money Resources

This page contains resources that contain information or links to other Hard Money sites, or real estate related sites, to include blogs, directories, and commercial hard money lending sites. If you know of a site that should be on the list, make a comment and I will add it to the list if approved.

• http://www.deeplylinked.com/financial-services/investing/
• http://www.koolar.com/Category/List.asp?Cat=2&LID=65&page=2
• http://www.pixelheadonline.com/index.php?c=104
• Free Blogs & Blog Directory
• He-Directory
• Rankland.com
• Linkisle.com
• Webcalibration.com
• Theclassifieds.org
• Vivadirectory.com
• Allthelist.com
• Toprss.net
• The Best Mortgage Links Directory
• Real Estate Directory Realtyreferenceonline.com, with lots of real estate resources.
• Real Estate Directory
• Realty.uanix.net
• Industry Blogs
• The Blog Party Network
• Bloggerhq.net
• Blogging Abroad
• Topweblog.com business category
• Very Helpful software from Pcpropertymanager.com which can help to handle the financial aspects of managing a portfolio of investment properties. This site also has a directory with a Hard Money Category. What a great hard money resource.
• A selection of real estate shopping resources on a shopping resources blog.
• Real estate sub category of General directory Alldotnet.com . Alldotnet has well over 21,000 cached pages. Quite impressive.
• CBgred Internet Resources
• http://www.best-net-sites.com/Business-and-Finance/Investment-and-Finance
• European directory,LinkDirectory.eu Real Estate sub category.