April 3, 2010

Let’s try charity 2

On most Saturday’s, there’s a plug for a book sold on Amazon, with unique commentary about why the book was chosen. And then a plea for funds to help keep this site running.

By all measurements, this has not been a success.

In the spirit of trying new things, Easter (do other religions have something going on around this time?), and general good heartedness, I figured I’d feature a charity instead this week – just like last week.

I chose:

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If you don’t find contributing to this site a worthy cause, then please consider the National Kidney Foundation.

Comments (2) -- Posted by: burbed @ 5:02 am






April 1, 2010

100K salary and $500K in bank

It’s search engine result page Thursday!

Recently someone found this site by searching for: “100K salary and $500K in bank

And that, my friends, is why Bay Area house prices simply cannot possibly drop.

First, we all know that $100k is almost what the starting salary is for a person with a MS degree in CS from Stanford. And let’s face it, who doesn’t have a MS degree from Stanford these days? Ok… not even close to starting salary? Then 3 years afterwards – that you have to agree with.

Next, who doesn’t have $500k in the bank, after 3 years of working? You eat breakfast, lunch, dinner at work. You only wear free t-shirts from work. You bike to work. You don’t go on vacation because you don’t need to – you live in the Bay Area. You call your parents and they send you a suitcase of cash. Boom! $500k easily!

With $100k in salary, and $500k in the bank, you can easily afford a $1-1.1M house. No problemo.

What? You don’t have $500k in the bank? Where did it go?

Comments (152) -- Posted by: burbed @ 5:07 am

March 30, 2010

Thanks to Burbed reader

Thanks to Burbed reader … unknown (I figure you don’t want me to post your email address) … for your contribution!

Click here to post a comment -- Posted by: burbed @ 12:34 am

March 27, 2010

Let’s try charity

On most Saturday’s, there’s a plug for a book sold on Amazon, with unique commentary about why the book was chosen. And then a plea for funds to help keep this site running.

By all measurements, this has not been a success.

In the spirit of trying new things, Lent (do other religions have something going on around this time?), and general good heartedness, I figured I’d feature a charity instead this week.

I chose:

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If you don’t find contributing to this site a worthy cause, then please consider the Lupus Foundation of Northern California.

Comments (16) -- Posted by: burbed @ 5:09 am

March 25, 2010

what is inflating bay area real estate

It’s search engine Thursday!

Recently someone found this site by searching for: what is inflating bay area real estate 

This is what is known as a trap. There’s nothing inflating Bay Area real estate – because that would imply there’s a bubble that will pop.

Rather, the correct question is: why won’t bay area real estate stop increasing in prices?

The answer: Zynga, Facebook, Tesla, Google, Apple, sushi, they’re not making any more land, Stanford.

The reality is that the recession is over in Silicon Valley. Employers are starting to hire like crazy once again, needing to resort to tactics like advertising on billboards on freeways! With amazing stock options, amazing salaries,and the amazing ability to put 50% of one’s gross income towards their primary residence – how can real estate prices possibly not stop growing?

More importantly: it’s better that you buy now or be priced out forever! (Yeah, that’s right. I bet you hadn’t heard that in a while!)

Comments (200) -- Posted by: burbed @ 5:50 am

March 20, 2010

Sell Your Home with Feng Shui: A Complete Guide to Staging Homes for Quick Sale in Any Market (Paperback) ~ Christine Ayres (Author), Cindy Coverdale (Author)

Sell Your Home with Feng Shui: A Complete Guide to Staging Homes for Quick Sale in Any Market (Paperback)

~ Christine Ayres (Author), Cindy Coverdale (Author)

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This is a must have book for all real estate agents or homeowners, wishing to sell a home! Feng Shui experts Christine Ayres and Cindy Coverdale have packed this user friendly guide with easy-to-follow-tips for staging a home to sell quickly in any market. Included in this how to book is a quick reference guide as well as tips to broaden the market, information on how to enhance curb appeal and attract more buyers, as well as full color photos of staging examples and many sales success stories.

Thanks to Burbed reader Herve for this suggestion!

Let’s face it, in some of today’s less competitive markets, where prices increased only 2% from last year, you’ll need all the help you can to sell your house. Adding 888 to your price? That’s beginner’s level. Just like how companies need to be ISO 9001 and Web 2.0 compliant to succeed, your house needs to be feng shui compliant in order to sell well and attract those who have cash money (hint: no one in America).

Or at least you could go fusion – you know, that’s the other hot trend! A St. Joseph’s statue buried in the front yard, with a feng shui’ed house is a sure winner!

How feng shui compliant is your current abode? Don’t you think its time you took it to the next level?

Helped this site become feng shui compliant! Click this link to learn more about donating to this site’s hosting costs!

Comments (5) -- Posted by: burbed @ 5:55 am

March 13, 2010

Real Estate Finance (Appraisers Edition) – Walt Huber & Levin Messick

It’s saturday! That means it’s time for Burbed’s book of the week!

Real Estate Finance (Appraisers Edition) (Paperback)

~ Walt Huber & Levin Messick (Author)

$59.50 & this item ships for FREE with Super Saver Shipping. Details

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This strikes me as a slightly silly book. Why would an appraiser need a book on real estate finance in California. It’s simple: prices always go up. Just add 5% to 8% at a minimum to last year’s value. Heck, it could be summarized into a formula:

Current House Price = House Price in Year Y x (1.08)^(This year-Y)

Boom! Instant time saver!

Now, sure you could use statistics, modeling, and finance, but for what reason? To use data and all that sort of silliness? Nah, forget about! Prices come from the gut – everyone knows that.

Could someone buy this book and let us know if it covers key topics? Such as when to add “888” to the price? Or to take your gobs of money and re-invest it into other California real estate? Or how we can finally beat Manhattan? Now those would be time savers!

Here’s a another time saver! Click this link to learn more about donating to this site’s hosting costs!

Comments (3) -- Posted by: burbed @ 5:29 am

March 7, 2010

Repair California – is this good? is this bad?

http://www.repaircalifornia.org/

Prop 1: "Allows voters to place question of calling a constitutional convention on the ballot."

Prop 2:"Calls a limited convention to propose changes to state constitution."

Alright folks… so what’s the deal with Repair California?

Is this a good cause? A bad cause? Will they help fix this state or will they further wreck it?

Can we get some serious discussion on this thread please?

My initial take – it’s a good thing. But then again, they seemed to have put their campaign on hold due to lack of funding, so that’s not a very good sign.

Comments (23) -- Posted by: burbed @ 5:37 am

March 6, 2010

California Real Estate Principles – Walter Roy Huber

California Real Estate Principles
Walter Roy Huber

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California Real Estate Principles, June 2, 2000

This text, by Walt Huber, is used in teaching a beginning course in real estate principles in numerous community colleges in California. As the title implies the specifics (ie laws, requirements, licensing, etc.) conform to the law in California.

At the end of every chapter there are a few review questions and important terminology covered in that chapter. Key topics within the text are highlighted and www (Internet) addresses are given for sites that corrospond to subjects discussed.

I found this to be easy-to-understand and written in a clear and informative manner. Also I believe this to be a good resource for questions concerning transactions within this state. If you are outside California this is NOT for you. Overall a favorable impression of this book.

Sounds like a good buy. But really, do you need a book for this? Here are the principles:

1) Real estate prices in California always go up.

2) You should always buy houses in 1975 so that your property tax will be locked in at amazingly low rates for you, your children, and all of your decedents.

3) Real estate anywhere else is useless. That’s why everyone flocks to California to buy real estate here. Especially the Bay Area.

4) Profit = Selling Price – Purchase Price. Ignore things like maintenance (you won’t need to do any).

What are some of your California Real Estate principles that you think are worth sharing?

Here’s a principle: Support Burbed.com! Click this link to learn more about donating to this site’s hosting costs!

Comments (153) -- Posted by: burbed @ 5:48 am

February 27, 2010

Royal Sovereign Front Loading Cash Counter with Dual Counterfeit Protection (RBC-1003)

Royal Sovereign Front Loading Cash Counter with Dual Counterfeit Protection (RBC-1003)

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Product Specifications

  • Brand Name: Royal Sovereign
  • Model number: RBC-1003
  • Color: Gray
  • Number of Items: 1
  • Manufacturer Part Number: RBC1003

Technical Details

  • Counts over 1200 bills per minute
  • Front loading collection opening holds over 300 bills
  • Dual protection systems to detect false bills by UV reflection and magnetic scanning
  • Remote LED Display with touch pad controls and batching and adding functions
  • Retractable Handle, provides easy portability

I thought it might be good to take a break from books for a little bit. Let’s face it, here in Silicon Valley there is so much cash floating around that you may have trouble keeping track. For example, you may heard of people using their houses as ATMs – well, in Silicon Valley, because houses are guaranteed to appreciate, houses really can have ATMs built in!

And then there’s the fact that every time you go outside in Silicon Valley, there’s practically money raining down from all the startups, the virtual farms, the social networks, the virtualization, the clouds, the cupcake stores. Do you have $20000 or $200000 in your backyard today? You’ll need a counter to be sure!

How do you handle your daily uncovering riches today?

If you have some extra cash, this site could definitely use some to pay for servers! Click this link to learn more about donating to this site’s hosting costs!

Comments (1) -- Posted by: burbed @ 5:14 am