Recently a friend asked me to explain why a buyer should never pay more than appraised value on leveraged property. Since she had taken a few classes I began by explaining the opportunity costs associated with this strategy and I could see her eyes "glass-over" and I knew I had lost her. When I shifted [...]
Consider Orange County. Forbes Magazine recently reported that Orange County is one of the most likely places to raise a world class athlete.
This is the California real estate update for October 20th and the first in a series of posts that looks at some of the interesting trends, stats, and opportunities in real estate in California and Orange County. The format includes about 3-4 interesting notes and the entire podcast will last about 6o seconds. I am [...]
Yesterday I completed the requirements to earn a certificate in property management by the California Association of Realtors®. I decided to add this designation to gain a better understanding of the challenges facing today's investors and property owners.
Laguna Woods Dynamic Red Head Moving to an age restricted community is not what I thought it would be, it's better. Part of what I find exciting are the people. Everyday since I moved to Laguna Woods, I meet interesting people and the first day I moved in was no exception. I remember distinctly meeting this [...]
It is with great pleasure that I announce that on September 1 Group 1 Real Estate will be moving to the Spectrum Skyline at 200 Spectrum Center Drive.
When individuals and families decide to set a strategy for aging in place, they should address these important considerations. Everything on the list is straightforward and nothing is surprising.
Seniors Real Estate Specialist (SRES) Designation This week I successfully completed the Seniors Real Estate Specialist (SRES) designation course and was awarded the appropriate certification. I decided to complete the course to demonstrate a commitment to helping everyone, including people over the age of 50. As a seasoned financial planner and educator, I found the designation would [...]
A 1031 exchange involves a swap of like-kind real estate for like-kind real estate. Tax-deferred 1031 Exchanges are important for investors of commercial and income properties. Federal tax law allows taxpayers to defer capital gains tax on the exchange of property used in trade or business or held for investment. A 1031 exchange postpones taxes, [...]