Vinnys House of Real Estate

In Phoenix we have a Fix and Flip subgroup that meets the last Wednesday of every month. This is part of the AZREIA organization that I belong to, which is an amazing investor group that you have to be a part of. Send me a comment through the blog and I will give you more [...]

Lets all start brainstorming. We need to start exporting goods, and creating jobs. What industries can we compete in? Arizona was almost entirely construction based, which as we all know has all but stopped. I re-hab houses and add value to neighborhoods, but we are only employing about 10 people through our contractors. That doesn’t [...]

We are not out of this yet, there is still alot of opportunity to make money. ———————– While foreclosures in the U.S. were down 2 percent in February from January, Arizona posted a drop of nearly 21 percent. Still, Irvine, Calif.-based RealtyTrac puts the state in the No. 2 spot national behind only Nevada for [...]

This was an interesting project, some amazing homes hopefully they can find a buyer once they complete the project.. ————————— A Wisconsin company that manufactures and distributes food-processing ingredients has been selected to purchase the opulent Chateaux on Central brownstone project. The winning bid: $7 million. The unfinished residential development at the northwest corner of [...]

Chandler man arrested for gutting foreclosed home.

This is hopefully the best news to date and I think we will start to see a huge shift in the market: Today HUD lifted its rule prohibiting FHA borrowers from purchasing properties which were acquired within 90 days by the seller. The waiver of this rule takes effect February 1, 2010. Here are the [...]

When it comes to making a vehicle last–I mean really last–Irv Gordon is a superhero. The retired science teacher paid $4,150 for his 1966 Volvo P1800 when it was new (at that time it was nearly as much as his annual salary as a science teacher), and over the years he’s put 2.7 million miles [...]

This is crazy! “According to a USA Today analysis of federal salary data the number of employees making $100,000 per year increased from 14% to 19% in the recession’s first 18 months. Also in the period from December 2007 until June 2009 the number of Defense Department employees making $150,000 per year increased from 1868 [...]

Interesting read, even many of the billionaires had to work at some kind of crappy job. Its what they made of it that separates them from everyone else. Working for someone else isn’t the path to financial freedom, that has been proven time and time again. Work smarter! The First Jobs of 10 Wealthy Entrepreneurs [...]

The FTC has released new laws regarding online content.  The main gist is: Advertising must tell the truth and not mislead consumers. In addition, claims must be substantiated. This comes down to just being honest about who you are and what you say.. Advertising and Marketing on the Internet: Rules of the Road.