By bobnorton on Oct 11, 2009 in General | 5 Comments
Here is why my houses sell fast…
Watch the video, this will explain the state of buyers when they view my house.
I love veterans.
My houses, come fully stocked with new carpet, new paint, new appliances, 8 full rolls of toilet paper, a doormat, new blinds, pots and pans, rugs, paper towels (all things buyers can’t afford)
I [...]
By bobnorton on Sep 30, 2009 in General | 12 Comments
This is the “poppy” version of my video which the Skydiving place edited and I had no control over. Its cool but I’m trying to get a better version out there. By the way, Steve Mills, another successful real estate investor and dude sitting next to me, he crapped his pants.
By bobnorton on Sep 5, 2009 in General | 2 Comments
Picture description: Guy with long hair: FHA (Federal Housing Administration)….Guy getting laid out: builders and investors who have been selling lots of properties to FHA financed buyers.
The Wall Street Journal put out an interesting article tonight. So interesting and yet so subtle that I had to blog about this.
The article titled, “Behind FHA Strains, a [...]
By bobnorton on May 8, 2009 in General | 7 Comments
For small business owners, Obama is like this swine flu thing….its doesn’t feel like its really affecting you until about a year later where possibly 2 billion people get the thing. Obama is openly assaulting small business owners with his various tax agendas. We don’t feel it now, but in a year from now when [...]
By bobnorton on Apr 27, 2009 in General | 2 Comments
I often have wondered how so many people got caught up in Madoff’s $50 billion ponzi scheme. I would never be that nieve I thought to myself…..I mean those Madoff guys were just lazy fools who didn’t do their homework….Investors didn’t do their homework and wanted to believe in something that wasn’t real. Madoff had [...]
By bobnorton on Apr 17, 2009 in General | 1 Comment
Taking advantage of the changing Real Estate Market is what I do best. Right now, in Michigan, Florida, California and a few other high REO hot spots, the market has hit a sudden bottom. Not only has it bottomed, its actually getting a little crazy and moving back up! Homeowners and Investors are paying 20-25% [...]
By bobnorton on Apr 4, 2009 in General | 6 Comments
The amount of “multiple and best” scenarios is picking up at a very fast pace on the REO side.
Its starting to feel like 2005 again. If I (um well I mean my coaching students/partners) aren’t out to look at a well priced REO within 30 minutes of it being listed, then its too late….
All the [...]
By bobnorton on Apr 2, 2009 in General | 0 Comments
I got a call on Monday morning from my favorite realtor, Karen Helland. Whenever Karen calls, it usually means I’m getting another payday so I called back. Her exactly words were, I need another house! She sold our rehab that my coaching student, Mark Diponio and I listed 3 days earlier. What a great way [...]
By bobnorton on Mar 24, 2009 in General | 10 Comments
Have you ever gotten caught up in the hype of compiling a complicated business plan with detailed pie charts, excel spreadsheets etc?
I recently had a fellow investor ask me to finance his latest real estate business venture AND as a “selling point”, he told me he had put together a business plan! Excellent I said, [...]
By bobnorton on Feb 6, 2009 in General | 5 Comments
Just a little update on my Indy adventures…
Combine melted snow, a vacant house and tile and you get a YouTube classic: