by Phyllis Rockower | Mar 8, 2013 | Phyllis Says
Years ago I was a housewife living in Florida, and just trying to increase our income. I became a real estate seminar junky and quickly acquired 44 properties in a down market. Well, as that famous philosopher, John Lennon said, life is what happens when you are...
by Phyllis Rockower | Oct 8, 2012 | Phyllis Says
When it comes to real estate, there is no such thing as an oral contract. It’s especially important to get things right when dealing with contractors. No handshake deals. My ex and i who was an attorney put our kids through college on broken trust issues, When...
by Phyllis Rockower | Jun 13, 2012 | Housing News, Phyllis Says, Real Estate News
Can you believe it? After years of bulging inventory of reos, the days on market has shrunk to an amazing 33 in L.A. Because of several reasons: Interest rates so low makes for a positive cash flow situation for buy and hold Upside down home owners not putting houses...
by Phyllis Rockower | Jun 12, 2012 | Housing News, Phyllis Says, Real Estate News
A few years ago i told you that Detroit was a steal. You could have purchased houses for $1000. Everyone wrote it off but i know better. Experience has told me that things come back. I knew the auto industry would come back. The govt would not let it fail. There...
by Phyllis Rockower | May 19, 2012 | Housing News, Phyllis Says, Real Estate News
There are many lessons about real estate investing you simply cannot learn from any book, tape series or seminar. For example, conditions are changing so rapidly here in Southern California that a book or tape series is outdated almost as soon as it is produced. In...
by Phyllis Rockower | Mar 9, 2012 | Phyllis Says, Real Estate News
Prices are as low as they were 10 years ago. Rents are much higher and interest rates are much lower. This is the best time for cash flow. Just as the perfect storm for a downturn was in place in 2005, the perfect storm for an upturn is NOW!!!!! CA. unemployment just...
