I'm a sucker for watching The Outlaw Josey Wales every time it is on TV.
My absolutely favorite scene is the "Missouri Boat ride". Josey is riding for his life, chased by the infamous Red legs. But instead of hustling, he naps. One cool cat. Watch the clip below then read on.... https://www.youtube.com/watch?v=t-KEnU9TBmQ&app=desktop Read More
January 30, 2015
I'm a sucker for watching The Outlaw Josey Wales every time it is on TV. My absolutely favorite scene is the "Missouri Boat ride". Josey is riding for his life, chased by the infamous Red legs. But instead of hustling, he naps. One cool cat. Watch the clip below then read on.... https://www.youtube.com/watch?v=t-KEnU9TBmQ&app=desktop Read More
The City Council of Indianapolis is at it again…. They are debating again the Source of Income Amendment that was voted on twice now and defeated twice. If you’ll recall, I wrote about this idiocy and ignorance of risk/return and rental properties back in August 2014. They are holding a Rules and Public Policy Committee tonight at 5:30 pm in Room 260 of the City County Building. If you can attend, please attend and speak out on behalf of your Rights to Liberty and the Pursuit of Happiness. Here’s the link to that prior post….http://danbaldini.com/dont-you-dare-treat-income-sources-differently/ This is like a mental venereal disease that won’t go away…unless, perhaps, we VOTE OUT the Councilmen and Councilwomen who actually side with this socialistic collectivistic agenda. NOW THAT’S an idea that IS worthy of debate!
If you are going to fire a gun, there is an old saying: Pull the trigger and you ride the bullet. In other words, you take full responsibility for what happens not just at the time when the bullet blasts out of the muzzle of the gun, but for the entire flight of that bullet–where it goes, what it impacts, and beyond. In real estate investing, responsible investors practice this principle. They know full well that they, NOT someone else, is responsible for everything that occurs on/in/around their units. In addition, they are responsible for making sure that they have the financial resources available to fix things that go wrong, replace parts that wear out, and the shear guts to make the tough decisions. Also in real estate practice, responsible agents practice this principle. It has become quite fashionable for agents to provide counsel to Buyers and Investors on the […]
Is the party almost over for Landlords and Real Estate Investors in residential rentals? Rental rates across the US, Indianapolis metro area included, have been on a consistent tear for a number of years now….Landlords have benefitted allowing the asset prices to get bid up on both rental properties for sale. However, just like with everything in life, there are limits…. Here’s a good article that takes both a granular and high level approach at looking into this pending issue…. http://nreionline.com/multifamily/rent-burdened-nation-housing-expert-discusses-affordable-housing-crisis Certainly, if your local market conditions allow, maximize your rental revenue whenever possible, but keep this knowledge on your radar as we may be witnessing a market shift in rental rates. If you haven’t repriced your properties lately or done a competitive analysis, now may be a good time to get this information gathered. As always, if we can assist, call or click.
If you are a renter, you feel the pinch. If you are a landlord, you feel the bulge in your bank account. Here’s a good article and short video clip from CNBC about the top rental markets in the US as well as how they relate to affordability. http://www.cnbc.com/id/102159830 As Landlords and Real Estate Investors, you should be aware of the relationship between rent values and your tenant’s income growth patterns. As always, real estate is local, so if you need help understanding what is occuring in your area of town, email, call or click. Dan Baldini is the Executive Property Manager of Polaris Property Management, LLC. Dan focuses his practice on the residential real estate markets including Indianapolis, Carmel, Zionsville, Fishers and other surrounding areas. Dan continually seeks out new resources for Team training and education in order to keep all the Team members skills on the leading edge […]