Real Estate Syndicate » The beginnings at Century Homes and Investment Group http://re-syndicate.com Featuring the thoughts, adventures, scripts, ramblings and soliloquies of a real estate guru. Wed, 01 Feb 2012 22:19:37 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 Three – fourths of the year ramblings…2010. http://re-syndicate.com/2010/10/22/three-fourths-of-the-year-ramblings-2010/ http://re-syndicate.com/2010/10/22/three-fourths-of-the-year-ramblings-2010/#comments Sat, 23 Oct 2010 05:34:55 +0000 Max Diez http://re-syndicate.com/?p=57 Continue reading →]]> The last few weeks has been interesting the SF Giants are on the verge of making the World Series, Bank of America has restarted foreclosing on homes, and of course 101010 occurred.  I have learned quite a bit this year, I have see that while so much money was lost during the real estate collapse in 2007-08, there are still quite a bit of cash sitting on the sideline. I can say that while the boom, I did not get overly aggressive buying homes..

A good friend of mine who did his first real estate purchase with me in 2003 was recently indicted for allegedly hosting a ponzi scheme.  He was a friend to me before we started doing business and likewise I think about those times rather than what is being said of him now.  There are two frames of thought when this comes to mind:

1. When you lose other people’s money, people get mad and they find something to sue you over.

2. When you make other people’s money grow, people rarely ask questions.

I don’t have all the facts in front of me, but of what I know of my friend I do feel like he had their best interests at heart. I sometimes think to myself that I should have been more aggressive, we had a number of deals that we just did not have the guts for – the McAllister project (1.1m investment turned 1.2m profit) – the Bryant project (770k investment turned 200k profit)  but for those I sat on the sideline while I watched others make money.

Keep in mind, I was involved and made some money as a result but I did not put all my chips in hoping that there would be a big payoff. Real estate was and is still good to me.

]]> http://re-syndicate.com/2010/10/22/three-fourths-of-the-year-ramblings-2010/feed/ 0 What is the future of Real Estate? http://re-syndicate.com/2010/02/23/what-is-the-future-of-real-estate/ http://re-syndicate.com/2010/02/23/what-is-the-future-of-real-estate/#comments Wed, 24 Feb 2010 06:10:11 +0000 Max Diez http://re-syndicate.com/?p=7 Continue reading →]]> From Redfin to Century Homes what does the future of real estate mean to real estate brokers like myself. My first sale of 2010 was for a friend of mine. After spending 2009 thinking about buying a home, he calls me in January to find him a house. We took one week to find him a home to make an offer on. The nice thing about this offer was I had negotiated the price before we presented the contract. This is one of my favorite things to do. A few years ago I wrote a post about this, but being that I no longer have my old site is no longer live. I am tempted to repost it..maybe.

So as of today, I have begun to repost my work that I have done over the years. It has been a great deal of work but of some of my loyal readers have asked for it so here it is.

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