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ltokuda
Participant[quote=sdrealtor]Be cautious with someone like that as there is a big difference between blogging about housing and understanding the nuts and bolts of real estate transactons. I find it ironic when someone who is so anti housing realizes there is no money to be made in what they are doing and sooner or later they become the very people they have spent years demonizing. From what i have seen they havent been sucessful in their transitions. Powayseller?Mr. Mortgage? There are a few others but those immediately come to mind. Sooner or later we’ll see Ben Jones Realty & Mortgage.
FWIW, a buy vs rent calculation can be found just about anywhere on line.[/quote]
I agree. You should always be careful and always do your research.
However, the comparison to Mr. Mortgage and Powayseller is rather unfair. Both of those bloggers were obvious hacks.
On the other hand, IHB seems to provide very sound analysis. And they are not anti-housing; they are anti-outrageously-overpriced-housing. They are pro-housing-for-the-right-price. Yes, they still pick on realtors a lot, but only the bad ones. They also praise the good ones. You can read about their qualifications on their website.
Buy Vs. Rent calculators are available but how many realtors (representing you in buying an overpriced house) will break down how much money you’re losing a month by not renting? You can check out some of their sample reports here.
http://www.idealhomebrokers.com/reports/
I think the reports are pretty good. All that being said, I don’t know if they are good realtors or not. But regardless of whether you use them, you might want to read about their views on Vegas investment properties.
ParticipantYou might be interested in checking out the http://www.irvinehousingblog.com. In case you’re not familiar with it, this blog follows the housing bubble and features a property in Irvine every day.
About a year ago, the author started up a business (“Ideal Home Brokers”) to help people buy homes.
http://www.idealhomebrokers.com/about/
What makes them different from most realtors is that they will generate a “Buy vs. Rent” analysis report for any home you might be interested in purchasing. It is their belief that buying should be cheaper than renting.
Recently, the author went to Vegas and saw many properties that could be bought as rentals and be cash flow positive. He just posted about that yesterday (near the bottom).
His intention is to expand his business to help his clients buy Vegas investment properties at auction. It sounds like this might what you are looking for.
I’ve been following his blog for years now and I think his analysis is pretty good. I haven’t used them as realtors (since I haven’t bought anything yet) but I am impressed with the level of effort they put into educating buyers on what houses should really be worth.
ParticipantYou might be interested in checking out the http://www.irvinehousingblog.com. In case you’re not familiar with it, this blog follows the housing bubble and features a property in Irvine every day.
About a year ago, the author started up a business (“Ideal Home Brokers”) to help people buy homes.
http://www.idealhomebrokers.com/about/
What makes them different from most realtors is that they will generate a “Buy vs. Rent” analysis report for any home you might be interested in purchasing. It is their belief that buying should be cheaper than renting.
Recently, the author went to Vegas and saw many properties that could be bought as rentals and be cash flow positive. He just posted about that yesterday (near the bottom).
His intention is to expand his business to help his clients buy Vegas investment properties at auction. It sounds like this might what you are looking for.
I’ve been following his blog for years now and I think his analysis is pretty good. I haven’t used them as realtors (since I haven’t bought anything yet) but I am impressed with the level of effort they put into educating buyers on what houses should really be worth.
ParticipantYou might be interested in checking out the http://www.irvinehousingblog.com. In case you’re not familiar with it, this blog follows the housing bubble and features a property in Irvine every day.
About a year ago, the author started up a business (“Ideal Home Brokers”) to help people buy homes.
http://www.idealhomebrokers.com/about/
What makes them different from most realtors is that they will generate a “Buy vs. Rent” analysis report for any home you might be interested in purchasing. It is their belief that buying should be cheaper than renting.
Recently, the author went to Vegas and saw many properties that could be bought as rentals and be cash flow positive. He just posted about that yesterday (near the bottom).
His intention is to expand his business to help his clients buy Vegas investment properties at auction. It sounds like this might what you are looking for.
I’ve been following his blog for years now and I think his analysis is pretty good. I haven’t used them as realtors (since I haven’t bought anything yet) but I am impressed with the level of effort they put into educating buyers on what houses should really be worth.
ParticipantYou might be interested in checking out the http://www.irvinehousingblog.com. In case you’re not familiar with it, this blog follows the housing bubble and features a property in Irvine every day.
About a year ago, the author started up a business (“Ideal Home Brokers”) to help people buy homes.
http://www.idealhomebrokers.com/about/
What makes them different from most realtors is that they will generate a “Buy vs. Rent” analysis report for any home you might be interested in purchasing. It is their belief that buying should be cheaper than renting.
Recently, the author went to Vegas and saw many properties that could be bought as rentals and be cash flow positive. He just posted about that yesterday (near the bottom).
His intention is to expand his business to help his clients buy Vegas investment properties at auction. It sounds like this might what you are looking for.
I’ve been following his blog for years now and I think his analysis is pretty good. I haven’t used them as realtors (since I haven’t bought anything yet) but I am impressed with the level of effort they put into educating buyers on what houses should really be worth.
ParticipantYou might be interested in checking out the http://www.irvinehousingblog.com. In case you’re not familiar with it, this blog follows the housing bubble and features a property in Irvine every day.
About a year ago, the author started up a business (“Ideal Home Brokers”) to help people buy homes.
http://www.idealhomebrokers.com/about/
What makes them different from most realtors is that they will generate a “Buy vs. Rent” analysis report for any home you might be interested in purchasing. It is their belief that buying should be cheaper than renting.
Recently, the author went to Vegas and saw many properties that could be bought as rentals and be cash flow positive. He just posted about that yesterday (near the bottom).
His intention is to expand his business to help his clients buy Vegas investment properties at auction. It sounds like this might what you are looking for.
I’ve been following his blog for years now and I think his analysis is pretty good. I haven’t used them as realtors (since I haven’t bought anything yet) but I am impressed with the level of effort they put into educating buyers on what houses should really be worth.
Participant[quote=zRob]At the end of the day it is all water under the bridge and I may be making too much out of a 5k loss… my firm gave me 50k out of 55k loss.
I could ask him for the 5k – making me feel as slimy as him – which could be taken the wrong way (pay me or else) and guessing there is no way he’d pay
I could contact my firm, the relo company, and his broker and let the chips fall as they may.
or I could let it go… counting my blessings of a good corporate relo and only losing 5k.[/quote]
I would say that the ethical thing to do is to contact your firm and relo company and let them handle it. If you feel that your company may have been cheated, then why wouldn’t you let them know about it? How would it look if your company found out about this later and asked you “did you know about this?”. “Why didn’t you tell us?”
Participant[quote=zRob]At the end of the day it is all water under the bridge and I may be making too much out of a 5k loss… my firm gave me 50k out of 55k loss.
I could ask him for the 5k – making me feel as slimy as him – which could be taken the wrong way (pay me or else) and guessing there is no way he’d pay
I could contact my firm, the relo company, and his broker and let the chips fall as they may.
or I could let it go… counting my blessings of a good corporate relo and only losing 5k.[/quote]
I would say that the ethical thing to do is to contact your firm and relo company and let them handle it. If you feel that your company may have been cheated, then why wouldn’t you let them know about it? How would it look if your company found out about this later and asked you “did you know about this?”. “Why didn’t you tell us?”
Participant[quote=zRob]At the end of the day it is all water under the bridge and I may be making too much out of a 5k loss… my firm gave me 50k out of 55k loss.
I could ask him for the 5k – making me feel as slimy as him – which could be taken the wrong way (pay me or else) and guessing there is no way he’d pay
I could contact my firm, the relo company, and his broker and let the chips fall as they may.
or I could let it go… counting my blessings of a good corporate relo and only losing 5k.[/quote]
I would say that the ethical thing to do is to contact your firm and relo company and let them handle it. If you feel that your company may have been cheated, then why wouldn’t you let them know about it? How would it look if your company found out about this later and asked you “did you know about this?”. “Why didn’t you tell us?”
Participant[quote=zRob]At the end of the day it is all water under the bridge and I may be making too much out of a 5k loss… my firm gave me 50k out of 55k loss.
I could ask him for the 5k – making me feel as slimy as him – which could be taken the wrong way (pay me or else) and guessing there is no way he’d pay
I could contact my firm, the relo company, and his broker and let the chips fall as they may.
or I could let it go… counting my blessings of a good corporate relo and only losing 5k.[/quote]
I would say that the ethical thing to do is to contact your firm and relo company and let them handle it. If you feel that your company may have been cheated, then why wouldn’t you let them know about it? How would it look if your company found out about this later and asked you “did you know about this?”. “Why didn’t you tell us?”
Participant[quote=zRob]At the end of the day it is all water under the bridge and I may be making too much out of a 5k loss… my firm gave me 50k out of 55k loss.
I could ask him for the 5k – making me feel as slimy as him – which could be taken the wrong way (pay me or else) and guessing there is no way he’d pay
I could contact my firm, the relo company, and his broker and let the chips fall as they may.
or I could let it go… counting my blessings of a good corporate relo and only losing 5k.[/quote]
I would say that the ethical thing to do is to contact your firm and relo company and let them handle it. If you feel that your company may have been cheated, then why wouldn’t you let them know about it? How would it look if your company found out about this later and asked you “did you know about this?”. “Why didn’t you tell us?”
August 17, 2010 at 6:12 AM in reply to: Founder Of Reaganomics Says That “Without A Revolution, Americans Are History” #591960ParticipantRegarding “american jobs”, I wouldn’t say that the bottom line is that IT DOESN’T WORK. The problem is that our economic policy creates an environment where it will not work.
For example, here’s a great way to reduce military cost. Why don’t we just send all our technology to China and have our weapons manufactured there? They can obviously produce stuff a lot cheaper than we can so “american jobs” don’t work in this case either? Well at the end of the day, we make it work. We enforce an economic policy for military equipement that isn’t very “free market” at all. I guess someone decided that, despite the cost benefits, its not in our best interest to export our technology. This is what keeps us ahead of the competition.
But in the business world, exporting our technology is considered a good thing. We give it away to America’s competitors in search of higher profit margins. We invest in infrastructure in foreign lands so that we can move our jobs to where the pay is cheaper. We’ve all been told that this is the way it has to be … but then again, these same guys thought that investment banks were self-regulating.
My view is that greed rules. The reason why investment banks are NOT self-regulating is because they are comprised of individuals. A single fund manager would gladly see his firm go bankrupt if he could pocket a billion dollars in the process. An employee acting in his own self interest doesn’t mean he’s doing what’s best for the company. A company needs to make sure that the incentives of the employees are in line with its own well being.
Likewise, a business will gladly undermine America’s economy if the incentives were large enough. That’s just the way it is. So it is up to America to create an economic policy which aligns business interests with America’s interests. Unfortunately, these days, it seems like America is corporate owned so I’m not too hopeful that things will change for the better.
Lee
August 17, 2010 at 6:12 AM in reply to: Founder Of Reaganomics Says That “Without A Revolution, Americans Are History” #592054ParticipantRegarding “american jobs”, I wouldn’t say that the bottom line is that IT DOESN’T WORK. The problem is that our economic policy creates an environment where it will not work.
For example, here’s a great way to reduce military cost. Why don’t we just send all our technology to China and have our weapons manufactured there? They can obviously produce stuff a lot cheaper than we can so “american jobs” don’t work in this case either? Well at the end of the day, we make it work. We enforce an economic policy for military equipement that isn’t very “free market” at all. I guess someone decided that, despite the cost benefits, its not in our best interest to export our technology. This is what keeps us ahead of the competition.
But in the business world, exporting our technology is considered a good thing. We give it away to America’s competitors in search of higher profit margins. We invest in infrastructure in foreign lands so that we can move our jobs to where the pay is cheaper. We’ve all been told that this is the way it has to be … but then again, these same guys thought that investment banks were self-regulating.
My view is that greed rules. The reason why investment banks are NOT self-regulating is because they are comprised of individuals. A single fund manager would gladly see his firm go bankrupt if he could pocket a billion dollars in the process. An employee acting in his own self interest doesn’t mean he’s doing what’s best for the company. A company needs to make sure that the incentives of the employees are in line with its own well being.
Likewise, a business will gladly undermine America’s economy if the incentives were large enough. That’s just the way it is. So it is up to America to create an economic policy which aligns business interests with America’s interests. Unfortunately, these days, it seems like America is corporate owned so I’m not too hopeful that things will change for the better.
Lee
August 17, 2010 at 6:12 AM in reply to: Founder Of Reaganomics Says That “Without A Revolution, Americans Are History” #592590ParticipantRegarding “american jobs”, I wouldn’t say that the bottom line is that IT DOESN’T WORK. The problem is that our economic policy creates an environment where it will not work.
For example, here’s a great way to reduce military cost. Why don’t we just send all our technology to China and have our weapons manufactured there? They can obviously produce stuff a lot cheaper than we can so “american jobs” don’t work in this case either? Well at the end of the day, we make it work. We enforce an economic policy for military equipement that isn’t very “free market” at all. I guess someone decided that, despite the cost benefits, its not in our best interest to export our technology. This is what keeps us ahead of the competition.
But in the business world, exporting our technology is considered a good thing. We give it away to America’s competitors in search of higher profit margins. We invest in infrastructure in foreign lands so that we can move our jobs to where the pay is cheaper. We’ve all been told that this is the way it has to be … but then again, these same guys thought that investment banks were self-regulating.
My view is that greed rules. The reason why investment banks are NOT self-regulating is because they are comprised of individuals. A single fund manager would gladly see his firm go bankrupt if he could pocket a billion dollars in the process. An employee acting in his own self interest doesn’t mean he’s doing what’s best for the company. A company needs to make sure that the incentives of the employees are in line with its own well being.
Likewise, a business will gladly undermine America’s economy if the incentives were large enough. That’s just the way it is. So it is up to America to create an economic policy which aligns business interests with America’s interests. Unfortunately, these days, it seems like America is corporate owned so I’m not too hopeful that things will change for the better.
Lee
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