I have met a wide range of people this past week. To sum up the group that stood out to me, they were polished. There are many sites that describe what you can do to be polished, such as this link. Basically be prepped for what you are doing and keep yourself sharp at all times. It sounds simple, but make sure you do it.
Popularity: 4% [?]
If you are not successful at what you are doing, and don’t like what you are doing, bounce. I have been working with some great people. It has been amazing. They seem natural at what they do and they are good at it. It seems easy for some people. If you find what you are doing, unnatural and you aren’t successful, it might be time for you to do what you want to do.
Popularity: 4% [?]
It is amazing what money will do for you… This crib has a three story indoor waterfall, and views for days. There is a great outdoor area as well, all for $10 mil.
Popularity: 5% [?]
I see places like this hit the market and it really makes me want to get there one day. This island is listed at $75 mil and includes the following ” guest house, a ‘floating’ tennis court, swimming pool, a gym, movie theater, three-story library and a wine cellar that holds 8,000 bottles. The island also has a several docks and a manmade beach.”, check luxist for more details. Crazy…
Popularity: 6% [?]
This down economy hurts for many reasons. The mortgage crisis has its positives and negatives. I can get a house at a great price and still flip it for a decent profit in certain areas. What is killing me though is the time it takes for the buyers to get a loan. It used to be loans came easy, 20-30 days for a loan. Now it is taking 45 days for a qualified individual to get a loan. So basically it is taking a few extra weeks to get paid. I am being a bit more cautious as well, which means not spending the money before I got it. Previously I had a bit of faith that loans would go through…
Not any more, there is this, “I don’t feel comfortable with the terms of my loan” out for buyers. Basically escrow means nothing any more. It used to be that you were getting the money that people were putting down on homes, but now not even that is guaranteed. So I am adapting as much as possible to the new trends and trying to figure out how to keep the hustle going.
For now I am just going to keep things slow and in the positive numbers. I am also looking for other opportunities in other areas and new areas. I know a few builders that didn’t slow down and their game got flipped upside down. It is rough going from 40 homes on the market to losing your own personal home and working as a day laborer, but that is the reality for some. I have mad respect for the guys that are keeping positive through it all. Locally I have heard of 3 that have taken themselves out of the game permanently. Remember easy come, easy go, so know your limits and always keep it positive.
Popularity: 7% [?]
This encompasses almost all that I would personally want to see in a crib. There is the lap pool, the view, the grass on the roof, the lines, the furniture, it has it all. This is located on the island of Mallorca in Spain. It is listed at 50 mil Euros.
Popularity: 4% [?]
