Michael Auck

69 Flips | 3 Magazines | 20 Likes | 3 Followers | @MichaelAuck | Keep up with Michael Auck on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Michael Auck”

9 Ways to Become Incredibly Successful: the Ultimate Guide to Accomplishing All Your Goals

Tips, strategies, practical steps, links....<p>It's fairly easy to be modestly successful; you just have to work hard. (Seriously: that is all it takes.) It's harder to be very successful; you have to work hard, and smart, and catch a few breaks along the way.<p>It's extremely difficult to be incredibly …

How to Use the “5 Hour Rule” to Radically Improve Your Intelligence and Success

<b>A system of constant learning used by Benjamin Franklin, Oprah Winfrey and Bill Gates.</b><p>In today’s business world, it seems like every second you’re …

5 5-Minute Routines That Will Make You Wildly Wealthy and Successful

Success and wealth don't happen in one fell swoop, but maybe they can happen five minutes at a time.<p>Success and wealth don't happen in one fell swoop, but maybe they can happen five minutes at a time. The ultra-wealthy may seem larger than life, but if we break down the habits of millionaires and …

9 compelling reasons to consider a Roth IRA

Get tax-free growth potential, tax-free withdrawals, no required distributions, and more.<p>Do you want to help lower your taxes and increase your …

Start A Fire

Here’s a new way to track the real estate market in U.S. cities

MarketWatch on Thursday launched the Location Scouts, its latest content initiative, featuring housing-market updates from key cities across the U.S. …

3 Unbelievable Real Estate Tax Shelters of the Rich

It's no secret that the rich often take advantage of tax shelters and loopholes to minimize their expenses. But some tax loopholes offer a shocking …

Real Estate

13 US housing markets where speculators are making a killing flipping homes

This practice of buying a house, fixing it up, and then quickly selling it is a popular way to book a quick profit.<p>"After curtailing flipping activity last year due to slowing home price appreciation and shrinking inventory of flip-worthy homes, real estate investors have started to jump back on …

Real Estate

Twin brothers who turned a single house into nearly $8 million of property share 9 tips for aspiring real estate investors

The twins, who were in their late 20s at the time, had both been working in commercial banking and noticed a trend among the tax returns they analyzed: The people with the highest net worth owned real estate.<p>Looking at one portfolio in particular, Chris remembers seeing that the client owned a …

Real Estate

Investing in Probate Properties The Pros & Cons - RealtyBizNews: Real Estate News

There are a lot of bargain properties that serious investors are aware of and pursue. These include foreclosures, REO, short sales, divorces, and …

The Sneaky Things House Flippers Don't Want You To Know

That house may look good on the surface, but don't be fooled.<p>As the real estate market continues its upward climb, house flipping seems to be back in a big way. Tune in to an average day of programming on HGTV, for instance, and you'll see more homes bought, renovated and sold off again than your …

Tax-Smart Moves When Selling Real Estate

<b>Updated March 2017</b> — If you jumped into real estate at the bottom of the market around 2008, or if you've been holding onto an asset even longer, you …

Real Estate

3 Easy Ways To Make Your Home Sell Fast

And they won't break the bank.<p>We'd all love to have pretty, polished homes worthy of big real estate price tags. But big renovations or DIY projects aren't necessarily the answer.<p><b>Instead, increase your home's value in small ways, and profit at the same time.</b> According to the stars of Bravo's …

7 Smart Reasons to Buy a House in December

While others are tipping back the eggnog and celebrating the holidays, you should be buying a home.<p>Purchasing a new home around the holidays is not …

Don’t Panic! You CAN Do Your Taxes Error-Free. Here’s How

Getting a bit queasy as tax time nears? Worried about making mistakes or missing out on a deduction — especially if this is your first time itemizing?<p>…

10 things real estate appraisers won’t tell you

<b>1. We’re working under a cloud</b><p>There are about 80,000 real estate appraisers in the U.S. and they play a key role in most home sales: Until they weigh …

This mortgage trick could save you thousands

For many, homeownership represents the ultimate American Dream. And for most of these people, the way to achieve that dream is to take out a mortgage in order to finance that home.<p>Here's the problem: When you take out a 30-year mortgage, which many of us do, you wind up paying more interest than …

I've been investing in real estate for 25 years, and I think buying a house is for suckers

People think the only way to save money is to buy a house. Suzy Orman thinks you have no way to earn any real money for yourself, so she advises you to buy a house as the only way to get your money. You will get your home paid off when you are old. Who wants to wait until they are old to have money?<p>…

Real Estate

7 Critical Questions to Ask Yourself Before Buying a Fixer Upper

It really all comes down to your personality.<p>In a way, having an old house is like having a child — you don't know what you're in for until you're deep in the trenches, and you'll spend years vacillating between feeling completely overwhelmed and head-over-heels in love. (I can say this with …

How to make a strong home offer

By Jon Coile<p><i>Jon Coile, chairman of Rockville-based multiple-listing service</i> <i>MRIS</i><i>,</i> <i>writes occasional commentary on the Washington area housing market.</i><p>This year, many people in the real estate industry are anticipating that the spring market will be especially robust. Many buyers want to take advantage …

Considering a Fixer-Upper? 15 Ways to Avoid a Money Pit

<b>By Marilyn Lewis</b><p>Fixer-uppers are back in style. During the housing boom, few homebuyers wanted to bother with renovation projects. New homes and those in move-in condition were the ideal.<p>That's still true for many buyers. But others are finding that, done correctly, remodeling a fixer-upper can …

Home Improvement

Mortgage Rates Are Plummeting and Here's Why You Should Care as an Investor

Over the past month, mortgage rates have plunged dramatically lower, reaching levels not seen since Nov. 22, 2012, when the conventional 30-year fixed rate hit an all-time low of 3.31%.<p>For homebuyers and refinancers, this is a welcome change. However, the forces driving rates down today are based …

Surefire Tactics to Getting More Money for Your Home

All home sellers hope their place will fetch a big, fat price. And while you can't control everything that determines a house's market rate—like, …

Everything You Need to Know Before Buying a Fixer Upper

Set aside money for a house repair fund.<p>So you’re pre-approved for a mortgage, and suddenly a home matching your criteria appears on the market. Then …

5 Reasons Your Home Didn't Sell

You've had your home on the market for six months and it didn't sell. You're frustrated and not exactly sure why it didn't sell. You're not alone. Over the past 20 years of selling real estate, your situation is one I have encountered hundreds of times.<p>The good news is that your home can sell if …

Real Estate

7 Inexpensive Tricks That Made My Home Look Amazing

With four kids, my decorating budget was spread (very) thin.<p>I wanted my home — which has four kids living inside it — to look and feel cozy and …

SAM ZELL: It's really hard not to be a seller in real estate right now

"No one has ever accused me of not being a realist," Sam Zell told CNBC. The chairman of Equity Group Investments and of apartment mega-landlord Equity Residential was talking about the markets for office and apartment buildings in some major cities that have already peaked.<p>"Overall we've come off …

Real Estate

You Can Lose a Lot of Money Flipping Houses

'Crawl in this business before you run,' advises one veteran flipper.<p>House flipping is hot. Last year marked a high, since 2007, in the number of …

The Secrets to Selling a Home for Over Asking Price

No one puts their house up for sale hoping for an average offer. You want a good offer. A <i>great</i> offer, even. Dare we say it? You want an all-out, claws-bared bidding war that will push your home's price <i>well</i> <i>over</i> what you've asked for in your listing.<p>It's a dream for any home seller. And if you want …