Archive for the ‘Uncategorized’ Category

So Sorry I haven’t written for a while…

Thursday, June 21st, 2007

This crazy foreclosure market is keeping me a little busy…did you know that one out of every 40 homes in Florida will be in foreclosure this year? Andy we aren’t the highest state! I’m finding more and more Realtors don’t know how to handle these properties, so I have spent the last few months doing training classes just for Realtors so they can help their clients out of this situation…from this training, I have gained a new insight on the market and I have been able to track the trends, opportunities, and challenges we are facing for the next 3-5 years.

Tim and I are working on some things that may just change the way you look at real estate…stay tuned!

“Foreclosure” is the word of the week…

Friday, March 16th, 2007

WOW! The foreclosure market is hitting the fan! Alot of my friends that are in the mortgage and real estate business have seen this coming…and it’s here!

I know some people have been down on our investing market the last year or so, but I think that time is over. It will be VERY easy to buy houses under value this year, the only thing to be watchful of is that you will be able to sell it, since there will be a huge supply of available houses in many markets.

I think that now is the time for ALL investors of every experience level to get VERY educated in their state’s foreclosure process and become an expert at what they do. You will also probably want to get educated in the Short-Sale process, because that is absolutely going to be the tool to get great deals. Get involved in your local REIA group (go to www.nationalreia.com to find a group in your area) and start networking with other investors…it has been one of my secrets to success.

To get statistics on foreclosures in your market, you can either visit www.realtytrac.com or your local board of Realtors website (try www.NAR.org).

Picked up a check… $59,502.34!

Monday, October 2nd, 2006

Sorry I haven’t checked in for a few days…but I did pick up a big check on the 22nd of September!  I sold a property that I had owned as a rental for 3 years.  The actual profit was a little higher because I had already taken a cash-out refi about 2 years ago…but I haven’t calculated my numbers yet.

I taught a seminar this past weekend called the Junker Junket Bus Trip and it was AMAZING!  I love it when folks are eager to get started in investing and I am able to help them down that path…it is SOOOOOO satisfying to see their excitement at the possibilities!

Nothing much to report on the property side right now…Pensacola’s and Sanford’s rehab is coming along nicely, and Apopka and Pine Hills are on the market and getting some showings, but no bites yet…we are running both of those ads again this weekend to drum up some activity (actually we are thinking about keeping Pine Hills as a rental…the market seems to be around $1200 per month) and Sanford is getting tons of calls just off the sign in the yard…so I know that one will move fast when it’s finished.

Welcome to Reality Real Estate Investment Blog!

Friday, July 21st, 2006

If you would like to know what REALLY happens in the day of a life of a Real Estate Investor, check back often, we are going to pull back the curtain and reveal the inner operations of a busy real estate investor/author/trainer and her team (my husband Tim and my assistant Stacy), as we buy, sell, and rent houses all over Florida (and beyond?)

See Ya Soon!

Andrea “Andy” Tolbert