Daily Archives: October 14, 2015

Epic Real Estate Investing Podcast

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danley-genetors

Forbes

The Real Estate M&A Boom
Forbes
Surprising though it may seem, real estate is poised to be one of the hottest sectors for mergers and acquisitions growth in the coming year. Due diligence activity in real estate during the first half of 2015 was up 57%, according to Intralinks' Deal ...
Forbes: Real Estate Industry Seen as Hot Spot for Mergers and DealsNewsmax

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My listing agent will not market my house on Zillow, the largest real estate website!

Wed, 03 Jun 2015 08:37:43 -0700

I just put my house up for sale, and it's shown on realtor.com and a few other websites. I checked Zillow and it wasn't updated to show my newly listed house. When I asked my agent why my house isn't shown on Zillow, her response was "It will not automatically load to Zillow. Our company policy does not allow that since there is so much erroneous data on that site and we have no control over what they do with your data once it has been uploaded to their site."

A quick Google search brings up lots of articles about agents getting away from using Trulia and Zillow. As someone who is paying an agent a lofty commission to sell my house, it angers me tremendously that they are refusing to use such a popular tool to market my home. What's up with agents doing this, and how can I get around it? I considered creating my own listing on Zillow, but that's the kind of thing I'm paying her to do!

EDIT: Cool, looks like I struck a nerve with you agents out there. Here's the thing: Nobody gives a shit that agents hate Zillow and other sites. Bottom line is that buyers looking for homes use Zillow more than any other website to find homes. I agree that the Zestimate is a joke (and everyone knows that), but Zillow gets twice as many views as realtor.com. When I'm selling something I want views and Zillow delivers.

Why not do it myself? Well, I did it myself on the last house I sold with tremendous success. Flat fee MLS. It's gotten to the point that anyone can sell a house online. This time it's a relo and my commission is covered and I've already moved away so I'm stuck with an agent.

EDIT 2: We're talking to other agents right now and will likely cut ties with this one and move on.

EDIT 3: Well, our agent just gave in and put us on Zillow. It's only been a couple hours but check out my view stats. Yesterday's uptick was people going to Zillow to learn more about the property and there was nothing but old info and nothing about the house being for sale. Now they see the whole listing. I just cannot understand how this can be a bad thing.

submitted by SmellyFinger to RealEstate
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New Jersey Real Estate Vernon $ 440,000.


Dallas Business Journal

Plaza of the Americas set to trade hands during hot real estate market
Dallas Business Journal
Dallas-based Pillar Commercial is expected to close on the two, 25-story office towers connected with a 13-story atrium in the Dallas Arts District by mid-November from Houston-based M-M Properties and Dallas-based Invesco Real Estate. Plaza of the ...

The necessity of real estate in plans for FI?

Wed, 28 Jan 2015 05:39:25 -0800

I'm currently reading the Automatic Millionaire Homeowner by David Bach. I think a lot of his statements are problematic, but I can't deny that the majority of people who've become FI seem to have a heavy involvement with real estate. Maybe it's just confirmation bias though. Therefore, I'm wondering if anyone has become FI (or is on the way to becoming FI) without significantly personally investing in real estate (I don't consider REITs, just people who own property and are landlords or use a property management company).

If real estate is necessary (or at least, makes the journey much shorter), how does someone with absolutely no knowledge go about getting started? Is it just a matter of having the discipline to save up a down payment and then hiring a property management company? Or should you learn how to do home repairs and buy fixer-uppers? If the latter, how do you learn those skills, assuming you don't have any friends or relatives to show you how -- do you just sign up for classes at the local community college?

Edit: I'm in Canada -- does that change your advice in any way? I live in one of the big cities with heated markets, and some people are predicting a cool off if oil prices stay low, which is why my interest has been piqued.

Edit #2: I've seen some interesting answers. Here's another discussion point: How long will it take (or did it take) for you to reach FI? For further clarification: a) did you use real estate? b) how big was your portfolio when you reached your goal? c) what's your current "passive" monthly income?

Feel free to answer some or none of those questions if they're too intrusive!

submitted by Criama to financialindependence
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