I love stats on county appraisals. They help me identify which properties on the MLS are the best investment properties. As I work with investors, they are amazed at what I find.For example, there are two properties I found that are $50,500 and $64, 400 below county appraisal! I have over 100 properties on my spreadsheet that are below county appraisal.There is one single family listing that is $11,800 below county appraisal that has a positive cash flow as is but could be petitioned to become a duplex and have about $800 or more cash flow per month. The home already has separate entrances for each side of the duplex.One investor had me recently put in an offer for $35,000 on a home that when fixed up would sell for over double that or would be a wonderful rental.But being below count... 05/10/2007

April 2007 brought the sale of 111 homes vs. last month was 71Baldwin (5) avg. price $232,740Eudora (9) avg. price $162,078NW Lawrence (33) avg. price $206,403NE Lawrence (21) avg. price $158,639SW Lawrence (18) avg. price $222,353SE Lawrence (20) avg. price $154,072Rural Lawrence (5) avg. price $194,820$575,000 was the highest price and $46,500 was the lowest priceAverage DOM (days on market) was 88 vs. last month was 91 (homes selling faster)Average price for the county $187,5959 had 5 or more bedrooms25 had 4 bedrooms62 had 3 bedrooms13 had 2 bedrooms2 had 1 bedroom2 had 5 or more bathrooms8 had 4 bathrooms36 had 3 bathrooms50 had 2 bathrooms15 had 1 bathroomFor a FREE CMA, (no obligation comparison of your home's value) call Rob at 785-393-2274 or email HomeValue@LetRobDoIt.com Than... 05/02/2007

In a nutshell, we still have a buyer's market in the Douglas County area but it is much better than last year when during June to August we had a tremendous number of homes go on the market.With 492 homes sold in Douglas County in the past 6 months and 877 homes currently on the market, we have 10.8 months of inventory of homes. 6 months is considered balanced and below 6 months becomes a seller's market.In Lawrence we have had 420 homes sold in the past 6 months and 696 homes currently on the market, which means we have 10 months of inventory of homes. Lawrence remains the best marketplace in the county for the seller.In Baldwin we have had 15 homes sold in the past 6 months and 59 homes currently on the market, which means we have 2 years of inventory of homes. Best market for the buy... 05/02/2007

March 2007 brought the sale of 71 homes vs. last month was 67Baldwin (3) avg. price $114,500Eudora (4) avg. price $139,400NW Lawrence (23) avg. price $249,517NE Lawrence (14) avg. price $123,900SW Lawrence (12) avg. price $224,967SE Lawrence (13) avg. price $179,285Rural Lawrence (2) avg. price $266,250$630,000 was the highest price and $68,000 was the lowest priceAverage DOM (days on market) was 91 vs. last month was 101 (homes selling faster)Average price for the county $183,5895 had 5 or more bedrooms24 had 4 bedrooms27 had 3 bedrooms14 had 2 bedrooms1 had 1 bedroom1 had 5 or more bathrooms6 had 4 bathrooms17 had 3 bathrooms29 had 2 bathrooms18 had 1 bathroomFor a FREE CMA, (no obligation comparison of your home's value) call Rob at 785-393-2274 or email HomeValue@LetRobDoIt.com 04/07/2007

On Saturday, March 17th I will have three Open Houses in Baldwin, Kansas.  744 E. 1650 Rd, Baldwin, KS 66006 (withdrawn since sellers aren't moving now) will be from 1:10pm-1:20pm, 417 Blaze, Baldwin, KS 66006 (Withdrawn from market due to being rented) will be from 1:30pm-1:40pm, and 1839 N. 100 Rd., Baldwin, KS 66006 (SOLD) will be from 1:50pm-2:00pm.Every buyer attending one of my Open Houses in Baldwin, Lawrence, or Eudora this weekend will be entered into a drawing for $100 in Sunday Brunch Gift Certificates at Maceli's.  Realtors do not qualify for drawing.  Tim Franklin of Bank of America, Scott Klausman at 2-10 Home Warranty, Lisa Henry of Capital Title, and Maceli's are the sponsors of this drawing.744 E. 1650 Rd has an asking price of $200,000 and has a 2007 county appraisal o... 03/16/2007

On Sunday, March 18th I will have two Open Houses in Eudora, Kansas.  809 Elm, Eudora, KS 66025 will be from 2:10pm-2:20pm and 1122 Peach, Eudora, KS 66025 will be from 2:30pm-2:40pm. Every buyer attending one of my Open Houses in Lawrence or Eudora on either of these days will be entered into a drawing for $100 in Sunday Brunch Gift Certificates at Maceli's.  Realtors do not qualify for drawing.  Tim Franklin of Bank of America, Scott Klausman at 2-10 Home Warranty, Lisa Henry of Capital Title, and Maceli's are the sponsors of this drawing. These homes are now SOLD or OFF MARKET so please visit www.MoveToLawrence.com for more quality Lawrence Kansas homes for sale.Please visit www.MLSPlease.com for my "30 Days to SOLD" marketing plan. 809 Elm has an asking price of $100,000 and has a 2... 03/14/2007

Welcome to Douglas County Kansas real estate where the end of February brought us a bright, sunny 76 degree day, 5-6 inches of rain last night, and heavy snowflakes blowing straight across this morning; all within less than 24 hours!!February 2007 brought the sale of 67 homes versus 51 homes in January so more homes are selling as we move into Spring(??).  This is great information to know if you have a home for sale or homes for sale in Lawrence Kansas, Baldwin Kansas, or Eudora Kansas.  Now is the time to get your home on the market if you want to or need to sell your home.  118 homes have already sold which means 118 buyers have come and gone and if you wait another month another 100 or more buyers will be gone.  I calculated the following statistics for you:Baldwin (3) avg. price $2... 03/01/2007

SELLERS - Are you wanting to know what homes comparable to yours sold for recently so that when you go to sell a home, you will know how to price it on the Baldwin Kansas real estate market?BUYERS - Are you wanting to know what sellers paid for the home when you want to buy a home?  Are you looking to buy a home that is below county appraisal?INVESTORS - Are you wanting to know the true bottom line on investment properties so you can calculate Cash on Cash return but don't have the rental receipts and expenses to make an educated decision?RENTERS - Are you wanting to raise your credit score so you can stop buying a place for your landlord and buy a home that you can afford for yourself?Baldwin Kansas Real Estate Secrets are now revealed to you through client consultations.  The Lawrence... 02/15/2007

Baldwin Kansas Real Estate Investors: Wouldn't you like to know the rental income, when leases expire, and who pays the utilities of the investment property you have selected without having to call a Realtor? Well, I have made that information available on my http://www.MoveToBaldwin.com/ website.After all, how can you calculate your cash on cash return or your capitalization rate without having an idea of what your income and expenses are going to be for utilities?  When I teach my investors' classes, we go through a worksheet that investors love where everything is taken into consideration: financing costs, net operating income, expenses, depreciation, etc.When the investors finish taking my class, they are able to "run the numbers" themselves by going to the http://www.movetoeudora.c... 02/06/2007

I received an email this evening from someone in Spearfish SD wanting some photos of a home in Lawrence Kansas.  I emailed back and let her know I would get them tomorrow after I get the combo for the lockbox from the listing agent.  The request could have just as well been for Eudora Kansas Real Estate or Baldwin Kansas Real Estate.In the mean time, I sent her the feature sheet, the county appraisal card for the property, a block analysis of the appraised prices of the homes on the block, the block analysis of the features of the other homes on the block, and the building material quality.  I also sent her links to my http://www.movetolawrence.com/ website where other MLS feature sheets are available for Lawrence Kansas Real Estate, Eudora Kansas Real Estate, and Baldwin Kansas Real Es... 02/04/2007

You go to a bank and tell them you need a loan to buy a car. What's the first thing they want to do? That's right! They pull your credit report. Why do they do that? The answer most people give here, if the bank doesn't know you personally, is "to see if you qualify for the loan".You may be surprised to learn that this isn't the real reason because almost everyone can qualify for some type of a car loan. The main reason is to find out your credit score.Your credit score determines where the interest rate for your car loan will be. If you have a high credit score you will have a low interest rate and vice versa.Therefore, it is in everyone's best interest to improve your credit score to the highest possible level. So you go to the internet and type in to Google the phrase how to improve ... 02/02/2007