Missed Opportunity – 4 bedroom home in Sun Prairie

January 2, 2009

This 4 bedroom, 3 bathroom, 11 year old home in Sun Prairie sold for under $200,000.  That is more then $90,000 under assessed value. This short sale allowed someone a great opportunity to pick up a well priced home in great condition.  Upset you missed out? Contact me and I can let you know about these great deals as they come on the market.

Mindy Allen, Broker Associate

Keller Williams Realty

4 bedroom foreclosure on Madison’s West Side

January 2, 2009

Great new 4 bedroom, 3 bathroom foreclosure listed on Madison’s West Side.  Priced at under $150,000, this 1600+ square foot home is assessed at more then $236,000.  Instanty equity is available with a little TLC. Ready to take a look? Let me know!

Mindy Allen, Broker Associate

Keller Williams Realty

Investing myth 3: Investing is Risky, I’ll lose my money!

January 2, 2009

TRUTH: Investing, by definition, is not risky.  Yes, you may think that in the real estate market we’re in, there are huge risks.  The truth is, now is the time to buy.  Look at who is currently spending their money to buy up stocks, properties, companies…its those people that are currently wealthy.  They know that now is a great time to buy, as stocks, real estate, etc is at a low point, and the profit potential is great.

Becoming a real estate investor isn’t about taking risks. It is about having sound criteria, the patience to find the right opportunity, and a willingness to take the correct action quickly.  As a general rule of thumb, investors know how to minimize their risk, while maximizing their return.

I am an expert in my market here in south central Wisconsin.  Are you ready to become a real estate investor, let me know and I can help you by finding you the right properties at the right prices.

Mindy Allen, Broker Associate

Keller Williams Realty

Super Clean Foreclosure – Stoughton, Wisconsin

December 28, 2008

Ready to invest in a foreclosure that needs nearly NO work?  Then this 3 bedroom home in Stoughton is for you.  Priced nearly $40,000 UNDER assessed value, this home is ready for you to either move into with instant equity, ready to rent, or ready for you to add a few finishing touches for a profit.  Want to take a look? I’d love to show you this one, and others that are currently on the market!

Mindy Allen, Broker Associate, ABR, Realtor

Keller Williams Realty

Working on a Fix and Flip … WITH family!

December 28, 2008

Yes, not only do I help my clients properties to fix and sell for profit, but I do the same for myself.  Recently, I have had the um, fortunate, opportunity to do a project with my family. 

In the past, it has just been my husband and myself, and we have been very sucessful at making a profit, every single time.  We had our disagreements, but with only two “cooks in the kitchen,” decision making wasn’t too hard.  We were able to quickly agree on cabinets, paint colors, flooring choices, etc.

Fast forward to our current project…there are 4 of us involved in this project.  Its a 4 bedroom, 2300 square foot home on a country lot in Cottage Grove, Wisconsin. The home is structurally sound and we basically finished it from the studs out. The participants are my husband and I (both experienced flippers) and my parents (newbies).  I also have the benefit of being a Realtor, so I know what buyers look for in their new home, what they don’t look for, and in which rooms we should invest the most. Lets just say, the decision making process has been a bit longer then usual.  We disagreed on everything from lighting to flooring to what details needed to be addressed and which ones didn’t (ie the screws on the hinges of the doors…no, I’m NOT kidding). I finally ended up being the one to do all the shopping for fixtures, flooring, countertops, etc.  Things went much smoother at that point. We are  near the end of the project and should be finished in the next couple of days.  The house looks fantastic and should make any family a great home. We were even able to stay under budget, and still put in high end finishes, fixtures and appliances.

My question is this; Has anyone else had the pleasure of this experience?  We plan on making a go of this, but any suggestions on keeping the peace would be helpful!

Short Sale – Sun Prairie, Wisconsin

December 22, 2008

Just listed! A great 3 bedroom, 3 bathroom 2 story home in Sun Prairie. This home is new construction with many bells and whistles. Currently priced $50,000 below assessed value, this home would make a great investment! Interested? Contact me at mindy@forsalebymindy.com

Missed Opportunity in Verona, Wisconsin

December 22, 2008

Just sold – A great 3 bedroom, 2.5 bathroom colonial in Verona. Sold for over $60,000 under assessed value in just 22 days!

Just listed! Foreclosure at $60,000 UNDER assessed value in Madison, Wisconsin

December 15, 2008

Just listed…

A 3 bedroom home in need of TLC on Madison’s east side. With over 2900 square feet and 2.5 bathrooms, this home has room for a great potential profit.

The down falls? No garage, but adding one could increase the potential resale of this property dramatically.

Like to find out more?

Mindy Allen, Keller Williams Realty

Missed Opportunity – 2 bedroom house in Fitchburg, Wisconsin

December 15, 2008

Had you been receiving my emails, I could’ve let you know about this missed investment opportunity –

Just sold, a 2 bedroom, 2 bathroom single family home in Fitchburg, Wisconsin in foreclosure. This home sold for $35,000 under assessed value. The house was located on a rural country lot and would’ve made a great rental property!

Would you like to know about these deals BEFORE they’re sold, contact me to get put on my “best buy” email list!

Mindy Allen, Keller Williams Realty

Investing Myth #2: The Best Investments Require Knowledge Most People Don’t Have

December 15, 2008

TRUTH: Your best investments will always be in areas you can or already DO understand

If you invest in someting you don’t know, you’re not really investing at all, but taking a shot in the dark.  If you decide to invest in real estate, invest in something you fully know and understand.  If you don’t, find a professional that can educate you to become an educated investor.

If you don’t have a specialized knowledge, pick one and start learning today.  You’ll find that investing in real estate is one of the easiest areas of investing in which to aquire expert knowledge and understanding. There is tangible investment knowledge to understand. If profits were lower one quarter then the next, look at weather, repairs, etc and the difference is usually easy to find.

Stay tuned for next week for real estate investing myth #3!