real estate: I HAVE A MAP SHOWING WHERE -YOU- WERE IN 2010. - 03/17/13 01:30 PM
Because...I have a map showing where everybody was in 2010.  
And Just How Do I Know This? Easy.  Remember the U.S. Census?  Last done in 2010.  The U.S. Census Bureau attempts to inventory every person, including where you live.  So any map that shows where every person's home is, would also show where your home is (plus 454,064,097 other people). Therefore, that map shows where you were in 2010, including all the homes in Rapid City SD. 

 
WHAT Map?  Where Can We Get One of These? That's easy, too.  Mr. Brandon Martin-Anderson went to a whole lot of … (2 comments)

real estate: 5 TRAPS TO AVOID IN ROTH IRA & SIMPLE IRA CONTRIBUTIONS & DISTRIBUTIONS - 03/05/13 02:48 AM
Avoid These Five Traps in Roth IRA and Simple IRA Contributions and Distributions  
Common Misconceptions and Mistakes in How to Manage an IRA Several years ago my IRA began investing in real estate in the Rapid City area.  Importantly, I was a bystander.  Why?  Because when we mix the letters "IRA" and "IRS", it can spell surprising and disappointing results.  Here are five reasons why, and what to do about it.
But, one thing I have learned is that one of the most punitive realms of tax regulations is the IRA, particularly the self-directed IRA.  Not that I've been hit … (2 comments)

real estate: OUR HOME PRICES UP 9%! BUT VALUES AREN'T. HUH?! - 05/06/12 12:29 PM
by Lee Alley. Find your Black Hills dream home at Rapid City Search .com
Black Hills MLS Home Prices Up 9% Since 2008.  But Values Aren't.  Why?! I discovered a big surprise in our Rapid City housing market trends.  And you may find it in your market, too.  
When I discuss list price in competitive interviews with prospective clients, they want to list their homes for more because—as the local news shows keep saying. . .  “Home prices are moving UP!”  And most of us agents have believed that, too.  Me included.
But whoa, just a minute.  It occurred … (2 comments)

real estate: THE VERY BEST SOURCES OF INFORMATION ON VACANT LAND & HORSE PROPERTIES - 04/27/12 10:22 AM
by Lee Alley. Find your Black Hills dream home at Rapid City Search .com
The Very Best Sources of Information About Vacant Land and Horse Properties Buying an acreage or a hobby farm?  Do you know where to get the absolute best information to help make a smart investment?
My clients and I have learned (sometimes the hard way) that buying rural acreages or homes for horse property, ranchette or hobby farm should be a lot more like a school research project than a shopping-cart transaction on Amazon.com.  Without going in to all the details here I'd just like to … (3 comments)

real estate: PLANNING: FIVE MISTAKES TO AVOID IN BUYING BLACK HILLS HORSE PROPERTY (Part-5) - 04/26/12 01:17 PM
by Lee Alley. Find your Black Hills dream home at Rapid City Search .com
PLANNING: Five Mistakes to Avoid When Buying Horse Properties (Part-5) Why is real estate like a stray puppy?.   That's easy.
It's nice to adopt it, but then you have to feed, protect and develop it for years to come.  
You'll need a plan.  Even better, a Master Plan.  
It's not that anyone requires you to have a plan, or that other owners do actually wind up implementing every detail of the plan.   But it really does serve us well to have at … (0 comments)

real estate: LOCATION: 5 MISTAKES TO AVOID IN BUYING HORSE PROPERTY (Part-4) - 04/25/12 09:50 PM
by Lee Alley. Find your Black Hills dream home at Rapid City Search .com
LOCATION: Five Mistakes to Avoid When Buying Horse Properties (Part-IV) Wouldn't it be great to live with your horses far away from the crowd, in the peaceful serenity of your very own heavenly acreage?  In short, "NO!"
Not exactly.  There are some practical issues to keep in mind when you are in the process of considering which property-location might be best for you and your horses.  Maybe Roy Rogers wanted "a home where the buffalo roam, where the deer and the antelope play."  But he had … (2 comments)

real estate: ACCESS: FIVE MISTAKES TO AVOID IN BUYING HORSE PROPERTY - (Part-III) - 04/24/12 03:54 PM
by Lee Alley. Find your Black Hills dream home at Rapid City Search .com
ACCESS: Five Mistakes to Avoid in Buying Horse Properties (Part-3) Here are some tips for minimizing the risks of accident and property destruction from poorly planned "access" for your new hobby farm, ranchette or horse property.
Depending on the size of your trailer, you are going to need to be able to move it in and out of your property with ease, without putting fences or structures at risk, and without stopping in the roadway to work gates or try to maneuver so you can back … (0 comments)

real estate: FENCES! - FIVE MISTAKES TO AVOID IN BUYING HORSE PROPERTY (Part-2) - 04/24/12 10:54 AM
by Lee Alley. Find your Black Hills dream home at Rapid City Search .com
FENCES: Five Mistakes to Avoid in Buying Horse Properties (Part-2)
What's so dag burn difficult about just a "fence," for heaven's sake?  Well, if you're a spooked horse next to barbed wire, it could mean serious injury and expensive bills from the vet.  If you and your friend are checking out the mare and accidentally touch the electric fence, will his pacemaker survive the lightning jolt? The acreage you bought already had a fence for his cattle, so why not just use it for your … (0 comments)

real estate: WORD CLOUD FOR RAPID CITY and BLACK HILLS HOMES and REAL ESTATE - 04/03/12 10:01 AM

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real estate: Tag Cloud for Rapid City Real Estate Blog - 04/01/12 04:13 PM
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real estate: FIVE BIG ISSUES WHEN EVALUATING INVESTMENT LAND - 11/24/10 03:52 PM
by Lee Alley. Find your Black Hills dream home at Rapid City Search .com
5 Big Issues to Consider When Evaluating Investment Land in Black Hills, South Dakota You learn good land investment from mistakes...either yours or someone else's.   
If you get in the mood to buy or sell undeveloped land, call me first. I may try to talk you out of it if you have not yet done your "deep-diligence."
1-SOIL:
It is critical when you buy that beautiful acreage, that you know how the soil will support cattle grazing, fracture a house foundation, or just stick to … (0 comments)

real estate: 10 ESSENTIAL QUESTIONS FOR AVOIDING THE RATE-LOCK HEAD-LOCK - 09/24/09 11:03 PM
 
 
  In many real estate deals a key tool for home buyers when applying for a loan is to "lock in the interest rate." A "Rate-lock." Well, that was the old days. Now, a rate-lock can backfire, putting you in a head-lock. What to do? Here are ten essential questions you should ask your mortgage lender before locking in those rates.
What must I do to lock in a rate?
What if the market rises before the rate is locked?
What if the market falls before the rate is locked?
What, exactly, is locked and what is not?
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real estate: SEVEN SINS OF THE "UNFAIR" HOMEBUYER TAX CREDIT ? - 09/24/09 10:41 PM
The U.S. First Time Homebuyer Tax Credit offers up to $8,000 incentive for people to kick start the economy by buying homes. Today a leading real estate news service published an article that raises questions about the fairness. Let's take a look.First, the Inman news service article reports an estimate that roughly 1.3 million households will be eligible and claim the credit, for a total government handout of roughly $8,800,000,000.These are the "unfair" aspects mentioned in the article:
The credit is not needs-based (except for the cap on high income earners) The "easy money" will tend to artificially inflate home prices … (2 comments)

real estate: MANAGE YOUR CREDIT SOURCES LIKE AN "OUTVESTMENT" PORTFOLIO - 09/24/09 10:28 PM
Reading the press coverage about families' problems with mortgage debt, credit card delinquincy, and short-sales of homes gave me a thought. Why not manage our "portfolio" of debts-owed the way we manage a coordinated portfolio of assets-invested?I encounter so many (especially younger) homeowners and home buyers who have difficulties with the mortgage aspects of selling or buying or their home. The sellers have to sell for less than enough to pay off their current loan and walk away free and clear. The buyers have difficulty getting approval for loan origination. Often, they got in to that squeeze because their handling of … (0 comments)

real estate: 8 TIPS FOR RENTING OUT YOUR HOME WHILE WAITING FOR THE MARKET TO RECOVER - 09/24/09 10:19 PM
A growing number of home sellers are having to get on with the next phase of your life, even though your home has not sold. Many of you decide to rent your home. It's not the end of the world. Here are some tips to get started.1. Make a PlanThis is too big a venture to just stumble in to it. Consult other landlords. Google for guidelines and checklists. Read a book, such as Danielle Babb's The Accidental Landlord.2. Set a Fair PriceCheck newspapers and Craigslist for competing similar rental units in your neighborhood. Keep in mind that due to this … (2 comments)

real estate: HOW TO HOLD YOUR BUILDER ACCOUNTABLE FOR ENERGY EFFICIENCY - 09/24/09 10:16 PM
 
Regarding rampant greenwashing by home builders, South Dakota's 2009 Senate Bill 64 requires: (1) builders to "disclose to the ...prospective buyer ... the energy efficiency of the residential building," and (2) adopts the International Energy Conservation Code as our standard.The 'teeth' in the bill is a State-required form you should request from your builder: "Builder's Energy Efficiency Disclosure Statement." The form asks the builder quite simply, "Has this new residential building been built ...to meet the energy efficiency standards of the IECC". This South Dakota Legislature-mandated form then goes on to ask the builder to fill in R-values of various … (0 comments)

real estate: SIX THINGS THAT UNIQUELY AFFECT REAL ESTATE FOR AGE 55-PLUS - 09/24/09 10:11 PM
I'll wager a bet with you. If you're over 55 you are less informed now about how the rules of real estate affect you, than for your first home. Why? Beginning around our fifties, our financial and health profiles are different. And we're treated differently by the IRS, medical services, lenders, insurors, and even the real estate market itself.This is not necessarily negative, because we do enjoy unique opportunities, as well. The 1965 Older Americans Act spells out certain benefits for we Baby Boomer-aged persons. But we're not talking about violations of the Fair Housing Act, which disallows discrimination on the … (1 comments)

real estate: INVESTMENT FOR RETIREMENT: PLAN YOUR EXIT BEFORE YOU ENTER - 09/24/09 10:06 PM
More and more Boomers are investing in real estate for vacations now, retirement later, and eventual resale for a profit. It is not that simple! How you own it, what you do with it, and how you later divest of it can have huge affects on it's value and your net worth.
First, "how you own it:"When Congress set up the IRA retirement investment program, there was no (i.e., zero) preference for investing in any particular type of asset. It is just as mainstream to invest your IRA in real estate (or gas stations for that matter), as in stocks and … (1 comments)

real estate: WHAT IS SO DIFFERENT ABOUT US BABY BOOMERS? - 09/24/09 10:03 PM
Boomers tend to be different than other people medically, financially, physically, risk tolerance, etc. Because of that, the same rules that affect every one, affects us differently. And in some cases there are even rules that enable additional opportunities to us.
We are not treated differently due to discrimination, necessarily, at all. But while the Fair Housing Act protects home buyers, sellers, and borrowers from discrimination based on gender, color, national origin, familial status, color and religion, to most people's surprise the Fair Housing Act does not, in general, protect us from age discrimination.
In contrast, the Equal Credit Opportunity Act … (1 comments)

real estate: SEPTEMBER SUMMER MARKET WRAP: WHERE'S THE MARKET HEADED? - 09/24/09 09:57 PM
These market statistics of actual sales and unsold inventory show a continuing solid real estate market. It is smaller, in lower volume, but for the volume we have, home values and turnover remain good and much stronger than the rest of the U.S.Here's some key hard data from the actual sales and for-sale listings.Last March we had about 11.5 months of unsold inventory on hand (the number of months to sell all currently unsold homes at the current rate of sales, assuming no new listings are posted). Now it is down near 6 months of inventory. That is very healthy, headed … (1 comments)

 
Lee R. Alley, Senior Advisory Broker (John L. Scott) Rainmaker large

Lee R. Alley

Senior Advisory Broker

Everett, WA

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John L. Scott

Address: 10820 Evergreen Way, Everett, WA, 98204

Fax: (888) 533-4030

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