Jeannie Niles Real Estate Investment
 |
|
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
-
The trend has continued to improve, not by a huge amount but this is the summer months, the temperature is well over 100 degrees and property sales are only slightly less than May of this year.
Market Updates
-
Inventory increased in all categories, including new inventory. Pendings were almost identical to March with the exception of multi-family.
Basic Investment Info
-
While your strategy will change depending on the market, there are 4 primary ways to make money in real estate.
-
There are some basic strategies that apply across the board no matter where you are investing or what the current economic conditions are.
-
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.
-
Good brokers don't simply sell you property, they help you define your investment strategy.
Investment Strategy
-
Now is the time to be buying! Aggressively priced properties are selling over listing price with multiple offers.
-
Compared to other types of investments, real estate provides you an incredible amount of control over your property.
-
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.
-
When I work with a client, I try to match the type of property to the investor's personality and portfolio.
Optimize Your Portfolio
-
Good property management is the number one factor in the success of your real estate portfolio.
-
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.
-
I always encourage my clients to “never be sellers” but there are times when a property needs to be eliminated from a portfolio.
-
Cathedral City properties have declined in value in the last twelve months but have fared better than some of the other areas.
-
Desert Hot Springs has been one of the hardest hit areas in the Coachella Valley during the mortgage meltdown.
-
Indian Wells is often referred to as “the Beverly Hills of the Desert”.
-
La Quinta has enjoyed one of the highest areas of growth and new construction of all cities in the Coachella Valley.
-
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
-
I am always frustrated how the media and other trade groups use statistical data to prove the point they want to make, thus I like to do my own statistical research.
-
Hopefully, Congress will act quickly, and hopefully their actions will prove effective in getting the country moving again financially.
-
It can be very profitable purchasing bank owned properties in the current real estate market.
-
Palm Springs, Cathedral City, Desert Hot Springs, Palm Desert, Indio aka The Coachella Valley
-
I have discovered I like hearing from my agent, even if it just to say hello.
Favorite Posts
-
Some of the most outrageous episodes in property ownership that the owners lived to tell about.
-
Only 5% sales agents or brokers actually own investment property, and only 10% actually sell a property.
Blog Archives
Search
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
