{"id":4651,"date":"2008-09-24T23:20:58","date_gmt":"2008-09-25T06:20:58","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=4651"},"modified":"2008-09-24T23:21:12","modified_gmt":"2008-09-25T06:21:12","slug":"buy-when-theres-blood-in-the-streets","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/4651\/buy-when-theres-blood-in-the-streets\/","title":{"rendered":"&#8220;Buy when there&#8217;s blood in the streets&#8221;"},"content":{"rendered":"<p>I wrote $975,000 in new contracts today. No way they&#8217;ll all be accepted, but they&#8217;re strong offers backed by a lot of cash. If we don&#8217;t get these properties, we&#8217;ll go for others. Amazingly, the quality of lender-owned properties seems to be going up even as the prices go down. The lord alone knows what will happen in Washington and Manhattan, but it&#8217;s a good time &#8212; for now, at least &#8212; to be a Realtor in Phoenix.<br \/>\n<!-- technorati tags start --><\/p>\n<p style=\"text-align:right;font-size:10px;\">Technorati Tags: <a href=\"http:\/\/www.technorati.com\/tag\/investment\" rel=\"tag\">investment<\/a>, <a href=\"http:\/\/www.technorati.com\/tag\/real estate\" rel=\"tag\">real estate<\/a>, <a href=\"http:\/\/www.technorati.com\/tag\/real estate marketing\" rel=\"tag\">real estate marketing<\/a><\/p>\n<p><!-- technorati tags end --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I wrote $975,000 in new contracts today. No way they&#8217;ll all be accepted, but they&#8217;re strong offers backed by a lot of cash. If we don&#8217;t get these properties, we&#8217;ll go for others. Amazingly, the quality of lender-owned properties seems to be going up even as the prices go down. The lord alone knows what [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[29,8,26,6,5],"tags":[],"class_list":{"0":"post-4651","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-group-therapy","7":"category-investment","8":"category-lending","9":"category-marketing","10":"category-real-estate","12":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":1606,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1606\/ask-the-universe-are-two-corporate-identities-better-than-one\/","url_meta":{"origin":4651,"position":0},"title":"Ask the Universe: Are two corporate identities better than one?","author":"Greg Swann","date":"July 1, 2007","format":false,"excerpt":"This came in as an \"Ask the Broker\" question, but it's really a general business question. I'm hoping that people reading here will have some good ideas:I am a small real estate developer in NC. I have built one small 22 lot subdivision. I have land, plans and county approval\u2026","rel":"","context":"In &quot;Investment&quot;","block_context":{"text":"Investment","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/investment\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5199,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/5199\/foreclosure-homes-are-sold-as-is-but-most-need-only-minor-restoration-to-bring-them-back-to-fully-livable-condition\/","url_meta":{"origin":4651,"position":1},"title":"Foreclosure homes are sold &#8220;as-is&#8221; &#8212; but most need only minor restoration to bring them back to fully-livable condition","author":"Greg Swann","date":"October 25, 2008","format":false,"excerpt":"This is my column for this week from the Arizona Republic (permanent link). \u00a0Foreclosure homes are sold \"as-is\" -- but most need only minor restoration to bring them back to fully-livable condition If we were to have a contest for the Valley's most-gutted home, judging might take a while. A\u2026","rel":"","context":"In &quot;Investment&quot;","block_context":{"text":"Investment","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/investment\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18850,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18850\/get-up-get-out-get-contacts-get-paid\/","url_meta":{"origin":4651,"position":2},"title":"Get up. Get Out. Get Contacts. Get Paid.","author":"Brian Brady","date":"November 22, 2022","format":false,"excerpt":"If you are following my journey, we moved to Tampa\/St Pete FL last year.\u00a0 We still have a home in San Diego but spend most of the year in Florida. The reasons are plentiful but, when COVID lockdowns hit, it gave me a chance to start a new \"product line\"\u2026","rel":"","context":"In &quot;Investment&quot;","block_context":{"text":"Investment","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/investment\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":16676,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/16676\/eight-reasons-to-own-vacation-rental-properties\/","url_meta":{"origin":4651,"position":3},"title":"Eight reasons to own vacation rental properties","author":"Brian Brady","date":"August 24, 2020","format":false,"excerpt":"While we earn most of our money from our mortgage brokerage business, I started helping investors buy real estate some 5 years ago.\u00a0 Working in San Diego, I have seen just how profitable vacation ownership has been for long-term investors.\u00a0 If you follow me on any of my social sites,\u2026","rel":"","context":"In &quot;Investment&quot;","block_context":{"text":"Investment","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/investment\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/roberto-nickson-so3wgJLwDxo-unsplash-320x480.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":3923,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/3923\/what-went-wrong-in-the-real-estate-market-we-told-homeowners-to-treat-their-homes-like-securities-investments-and-they-did\/","url_meta":{"origin":4651,"position":4},"title":"What went wrong in the real estate market? We told homeowners to treat their homes like securities investments &#8212; and they did&#8230;","author":"Greg Swann","date":"August 16, 2008","format":false,"excerpt":"This is my column for this week from the Arizona Republic (permanent link). As a matter of eating crow, I will attest that I publicly denied that housing prices could ever behave like securities prices, falling far below their fundamental value. The market has proved me wrong. We're writing contracts\u2026","rel":"","context":"In &quot;Investment&quot;","block_context":{"text":"Investment","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/investment\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":155,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/155\/how-to-turn-100-into-27000-in-eight-years\/","url_meta":{"origin":4651,"position":5},"title":"How to turn $1.00 into $27,000 in eight years . . .","author":"Greg Swann","date":"July 29, 2006","format":false,"excerpt":"That sounds like a late-night TV pitch, but it's actually possible in residential real estate. Housing is distinct from other investment vehicles in important respects. Unlike securities, real estate is a hard asset with an enduring intrinsic value. There are huge tax benefits accruing from owning real property, either as\u2026","rel":"","context":"In &quot;Marketing&quot;","block_context":{"text":"Marketing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/marketing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/4651","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=4651"}],"version-history":[{"count":1,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/4651\/revisions"}],"predecessor-version":[{"id":4652,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/4651\/revisions\/4652"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=4651"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=4651"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=4651"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}