Jeannie Niles Real Estate Investment
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--Jeannie |
No longer a sleepy vacation and retirement spot, the Coachella Valley is now younger, with some of the highest appreciation rates in the country.
Market Updates
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Opportunities abound! Many properties are being sold at price reductions of 50 to 80 percent off their all time high in 2005 and 2006.
Market Updates
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Inventory increased in all categories, including new inventory. Pendings were almost identical to March with the exception of multi-family.
Basic Investment Info
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While your strategy will change depending on the market, there are 4 primary ways to make money in real estate.
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There are some basic strategies that apply across the board no matter where you are investing or what the current economic conditions are.
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When crunching the numbers on a property, you'll often encounter some real estate lingo. Here's what things like 'cap rate' mean, and how to use them.
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Good brokers don't simply sell you property, they help you define your investment strategy.
Investment Strategy
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Now is the time to be buying! Aggressively priced properties are selling over listing price with multiple offers.
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Compared to other types of investments, real estate provides you an incredible amount of control over your property.
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While almost everyone says they invest for “MONEY,” in reality, we all invest for what we expect the “MONEY” to provide us. Read on for info on defining realistic goals and developing a strategy to achieve them.
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When I work with a client, I try to match the type of property to the investor's personality and portfolio.
Optimize Your Portfolio
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Good property management is the number one factor in the success of your real estate portfolio.
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If you currently have an option loan, also known as an exotic loan and want to get out of it, there are some serious issues to address.
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I always encourage my clients to “never be sellers” but there are times when a property needs to be eliminated from a portfolio.
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Cathedral City properties have declined in value in the last twelve months but have fared better than some of the other areas.
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Desert Hot Springs has been one of the hardest hit areas in the Coachella Valley during the mortgage meltdown.
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Indian Wells is often referred to as “the Beverly Hills of the Desert”.
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La Quinta has enjoyed one of the highest areas of growth and new construction of all cities in the Coachella Valley.
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Palm Desert is one of the nicest cities in the Coachella Valley, enjoying the luxury shopping district of El Paseo as well as many city parks and events.
I've started a blog to provide clients my perspective on recent market trends, and sage advice collected from the life of a seasoned investment broker.
Recent Entries
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A total of twenty multi-family properties went into escrow in May, 2009.
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A total of eighteen multi-family properties went into escrow in April, 2009.
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I like to keep track of what is going on, which is the reason I do my own basic charting of various data to which I have access.
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A total of nine multi-family properties went into escrow in March, 2009.
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It’s unbelievable what multi-family (duplexes, triplexes and four plexes) prices are!
Favorite Posts
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Some of the most outrageous episodes in property ownership that the owners lived to tell about.
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Only 5% sales agents or brokers actually own investment property, and only 10% actually sell a property.
Blog Archives
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Every investor's situation is unique, and I have over 25 years experience solving problems. Use the form below to ask me about your unique needs.
Jeannie Niles Real Estate Investment
P.O. Box 317
Palm Desert, CA 92261
P: (760) 360-4020
F: (760) 340-9069
E: jniles@realestate-investment.com
