Monthly Blog by Mark Rogo

My Perspective for May My Perspective for May

My Friends, Real estate continues to march forward, as we all expected.  Our weekly office meeting today included over 60 of the 208 agents, and had a review of the current state of the market from our Sr. Vice-President Beth Styne. Listings are down, pending sales are down, closed transactions are down and new listings are down. Altogether it means three things; there will be fewer listings for fewer... [Read more]

It’s an Election Year…

My Friends, It’s an election year, a time when most Americans are concerned about the direction of the country and prefer to put off major decisions until after the election, such as buying or selling a home. It is in our nature to protect our biggest asset during times like these, and judging by the rhetoric, you have to be concerned about our country’s future. But that’s not what is happening.... [Read more]

A Banner Year

This past year was another banner year for real estate, the agents and the investors. While most of the country wallowed in indecision, there was no such animal around when it came to west side real estate.  Beverly Hills to the ocean once again proved to be an excellent investment strewn with investor “wanna bes” who blamed everyone in the world but themselves for missing the opportunities that... [Read more]

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2015 Blogs by Mark Rogo

My Take on Westwood Neighborhoods

The community of Westwood is a small suburban neighborhood on the west side of Los Angeles, nestled in between Bel Air, Beverly Hills and Brentwood. Long considered the poor step child of these three hugely affluent communities, it still remains one of the most sought after addresses in Los Angeles, with zip codes 90024, 90025 and 90049.  If I was to cut it up in pieces, I would identify it in four... [Read more]

Pocket Listings Today

The real estate market has become so tight, that “pocket” listings are again appearing as a viable option for Buyers. They gained their name from the practice many years ago of unscrupulous agents who would take a signed listing agreement and metaphorically stick it in their pocket to delay the exposure to the full open market in order to give them time to secure their own Buyer and thus double... [Read more]

The Financial Gap Between the Upper and Middle Class

For a decade, I have been focused on the increasingly large gap between the upper 5% and the rest of society. Our middle class is quickly merging with the lower class into one under privileged class of Americans, and the accelerated pace in recent years only exacerbates this problem. Socialism is not the answer, but neither is this march towards a gigantic economic disparity in the United States. Lawrence... [Read more]

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2014 Blogs by Mark Rogo

Part 2 Income Properties: The numbers

Last month we look at the overall concept of investing in income properties. Today we are going to examine actual data and look at the three approaches I use to evaluate the potential value of an income property. I decided to run some figures and quantify in numbers what I was trying to say in English. Words are ambiguous, and numbers aren’t. In the safe investment community of Beverly Hills, the... [Read more]

Income Properties: A good bet for my money

How many of us have wondered about the pitiful 1% returns we get on our bank accounts, and have thought that there must be other forms of investment with higher returns commensurate with their higher risk level? Even though bonds and munies are available, the returns that are locked in today will not be sufficient for the higher inflationary days heading our way. Now what? One investment tool you should... [Read more]

Let’s Talk Baseball!

Let’s skip talk on real estate. Instead, I have a much more pressing issue that goes to the heart of what we stand for, what we believe in, how we live our lives and if we’ll be alive to see the New Year. Of course, I’m talking about major league baseball. Most of you don’t know this, but MLB is exempt from the Sherman Anti-Trust Act, backed up by an opinion written by Justice Oliver Wendel... [Read more]

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