Real Estate Information

San Joaquin Real Estate Blog

Darrell Isaacs Team Professionals


Displaying blog entries 1-10 of 23

NPN Mastermind A Huge SUCCESS!

by Darrell Isaacs Team Professionals

Mastermind Snapshot... Eyes are bleary…brain is numb… and what a tremendous week in the NPN world.

The ‘week’ continues as we attempt to reach final agreement on our offers. Over 5000 Notes and REO were available for bidding. First ‘cut’ got them down to 1900, from there to 200, and finally by Thursday, down to 12. Of those final 12 we were able to be the bidder on 7 and that is where it stands right now. The offers are under review and we are hoping to successfully snag 4-6 of them.

I will report back later on the preliminary projections on those we secure, but in the meantime… another 3500 notes are waiting to be reviewed. Coffee? Check!


IRS Contribution Limit Changes for 2015!

by Darrell Isaacs Team Professionals

From my friends at Entrust...  Good News!

The IRS reviews contribution limits each year. Increases and decreases are tied to inflation and cost-of-living calculations. In October the IRS announced it would be increasing employer contribution limits to SEP IRAs and Individual 401(k) plans for self-employed and small-business owners to $53,000 in 2015, up from $52,000. Additionally, those 50 and older will be able to make a “catch-up” deferral contribution of $6,000; a $500 increase from 2014.  Deferral contributions to SIMPLE IRAs, which require employers to make a minimum contribution to participants’ accounts, will increase to $12,500, up from $12,000.

The $500 boost was due to cost-of-living adjustments.

Contributions to Traditional IRAs, however, will remain unchanged in 2015, at a maximum of $5,500. IRA “catch-up” contributions for those 50 and older will remain $1,000. 

Additional adjustments to retirement plans in 2015 include changes to the modified adjusted gross income (MAGI) levels for Traditional IRA deduction and eligibility to make Roth contributions. In other words, these amounts are used to determine whether contributions are tax-deductible, and whether an individual is eligible to contribute to a Roth IRA. For more information regarding your situation, contract your tax advisor.

For Traditional IRAs, the deduction for taxpayers making contributions to a Traditional IRA will be phased out based an individual’s tax filing status and MAGI level.

  • For singles and head-of-household filers who are covered by a workplace retirement plan and have adjusted gross income between $61,000 and $71,000 (up from $60,000 and $70,000 in 2014).
  • For married couples filing jointly, in which the spouse who makes the IRA contribution is covered by a workplace retirement plan, the income phase-out range will be between $98,000 and $118,000 (up from $96,000 to $116,000).
  • An IRA contributor not covered by a workplace retirement plan, and is married to someone who is, will see a deduction phased out if the couple’s income is between $183,000 and $193,000 (up from $181,000 and $191,000).
  • The phase-out range does not change for married individuals who are covered by a work-sponsored plan and are filing a separate return. It remains $0 to $10,000.

For Roth IRAs, eligibility to make a Roth contribution will depend on the tax filing status and modified adjusted gross income of the individual.

  • Married couples filing jointly will see a phase-out range between $183,000 to $193,000 (up from $181,000 to $191,000.
  • Singles and heads of household will see a phase-out range between $116,000 to $131,000 (up from $114,000 to $129,000).
  • Married individuals filing a separate return will not see a change. It remains $0 to $10,000.

For more information about changes to contribution limits, read the full IRS announcement.




Everything Starts As a Seed

by Darrell Isaacs Team Professionals
For whatever reason, the underdog stories of 'life' have always moved me, even motivated me.  And, I don't think I am alone.  How many Rocky movies did they make?

But one story has always lit me up.  You might have heard or read about how a small seed, a mustard seed, full of determination, grows into the mightiest of all garden shrubs.  There is just something about that determination that just lights up my 'can do'.  

Have you ever tried to pull a mustard plant once it’s established?  Trust me, I know, it can't be done.  A few years back, having just moved out to the country, I made the rookie mistake, once, of not clearing out a patch of wild mustard as soon as I saw it break through the soil. You know what? There is a reason they say 'cut' mustard.  

The root of the mustard plant is gnarly.  And I think I figured out why. Because it has such a desire to break through the soil that whatever adversity comes against it, hardpan, a rock, etc., it finds a way, screaming "I'm coming out...!"   Unstoppable.  And, it doesn't calculate how long it will take to come out, it just is coming.  Gotta love that little seed’s attitude.

Ok, what is the application here?  

Have you met someone who started a business, become an investor, or even more simply, went on a diet with an "Ok, I am going to 'try' it attitude? 

They apparently have bought into the "microwave" mentality.  I want it, and I want it now.  And if I don't get it,  then I am on to the next new thing.  Or even the seasoned Pro who is met with some real world business adversity and begins to 2nd guess the legitimacy of their career?  But isn't there just something about the person who has buried their hopes and dreams into their career (soil) and says "just like the mustard seed, I will come out.  And when I do, I will grow into someone that will benefit others".

From a insignificant seed to a tree that is described as: “…once planted, it grows larger than any garden plant. It even puts out branches that are big enough for birds to nest in its shade”.

Man that lights me up…

So, what story, movie, book motivates you to keep going?



What A Surprise!

by Darrell Isaacs Team Professionals

What a surprise. 

As most of you know, it has been implied that I am a conference junkie.  My defining business statement for decades has been: Integrity...Knowledge...Success!  I seek it out, then I try to figure out how best to implement so that the client gains from my new, or renewed, knowledge.  So, I go schlepping off to the best courses I can find.  This year started in Orlando, moved through Palm Desert, Austin, Las Vegas, Dallas, San Diego, Los Angeles, Denver, Charlotte, San Francisco, Phoenix, and I don't even remember all the places covered in 2011.  And they, each and everyone, have been fantastic.  So, it was a surprise.


Having just completed both the NAHREP and AREAA conventions in a 2 1/2 week timeframe, I was tired and had a mountain of work to catch up with at the office.  Yet after 1 week of being back in the office, off I go to...  Reno?  I had made my commitment to be here, and I wasn't going to back out.  But boy, I was not excited about a 3rd conference in about the same number of weeks, surrounded by 1000's of other agents, trying to find the nugget, eating hotel food, and the hotel beds???  Get the picture?

So, what was the surprise? 

Amy Stoehr has hit a home run with Real Estate Masters Guild (REMG), and I am having a ball!  Serious. 

I have really loved and appreciated Amy for many years as she served the industry from a totally pure heart.  Always a smile.  Always the positive.  Always a solution.  She promised a special experience; she is delivering.

Not 1000's of people, with multiple motivations, but under 100 sharing a common thread... to grow that they may serve.  WOW!  And their promise of being Guru-Free, something I was not familiar with, has been an eye opener.  

Yep, I even called Donna, my wife, to tell her how glad I am that I came.  The message here?  This is one cool, fresh event that is now on my Do Not Miss list.  If this type of a learning format sounds  like you, I can say you too might be surprised, but you won't be disappointed.

Shortsale = 7 Years to Buy Again??? Ha!

by Darrell Isaacs Team Professionals

Recently there was an article that apparantly appeared in various publications stating that a ShortSale, Deed in Lieu and Preforeclosures Sales would all be treated by Fannie Mae, the nation's largest provider of mortgage funds, as a foreclosure, thus ensuring the 'offending' party would not be able to purchase a home for 7 years! 

So, in doing my little part to correct his misinformation I am posting below, a snipit from Fannie Mae's website showing the facts are completely different. 

Why is this important? 

In San Joaquin County, greater than 1 in 5 homes are in trouble!  Shortsale is one, frequently the BEST, solution to that owners challenge.  And the reality is after some 'time' has passed, that SAME OFFENDING party can reenter the home buying market, at prices that currently are from the last century, and with some proper guidance, (please please please see me on that subject!) they will have the stability and hope that all Americans look for with their home.  A second chance, a new beginning, a Genesis!  (that was my shameful plug :) )

So... what did Fannie Mae say?

Fannie Mae’s most recent bulletin states that Deeds-in-Lieu of Foreclosure, Preforeclosure Sales, and Short Sales all have waiting periods as follows:

This bulletin was released in June 2010, and Fannie Mae has confirmed with us today that this is the most recent bulletin.

The subject of should you or should you not enter into a shortsale is quite emotional.  Here at Genesis, we understand and always remember... we are talking about your 'home' not a house. 

I thought this might be a bit of good news as we enter the final days before Christmas.  Hope so.

And hope is also that your Christmas will be blessed, full of wonderful memories, those new and old.  The future is a choice... choose to enter it without the negative baggage of the past, and all the hope for the new!

Merry Christmas!


Merry Christmas!!! As a child...

by Darrell Isaacs Team Professionals

Merry Christmas!!!  

 As a child a part of the magic of Christmas included writing to Santa with my ‘Wish List’ and going downtown after Thanksgiving for the official Lighting of the public Christmas decorations.  In our fast paced society we have lost a bit of the magic.  So, to recapture some of that magic we would love to arrange for Santa to write your child, or grandchild, a personalized letter.  Details are below. But hurry, Santa is on his way! 




Dear Friends,

          In the spirit of the holiday season, we will be sending

Personalized letters from Santa to any child and/or grandchild!

          If you know of anyone who would enjoy receiving a letter from

Santa, send me their name(s), address(es), and if a Boy or Girl.

Emailing the info to my Team is the fastest most sure way of

Meeting the deadline. Please submit by December 13th to ensure timely


        You can also fax at 209-244-7171.



The Darrell Isaacs Team




Darren Hardy, Publisher of SUCCESS Magazine...

by Darrell Isaacs Team Professionals

Darren Hardy, Publisher of SUCCESS Magazine, presented a great insight on his blog that I really want to share with you...  dri

"Did you know your brain is NOT designed to make you happy? I know this might be alarming to you, but brain has only one primary responsibility—to keep you alive. Thus your brain is constantly on the lookout for danger and attack warnings. Your brain is programmed specifically to seek out the negative.

This is a problem if you desire love, prosperity and happiness—those things beyond simply safety. Left unguided (as most do), your brain will stew in the negative all day, every day of your life. The conundrum is—what you think about comes about. Where your attention goes, energy flows, thus the direction your life takes.

This is where the power of gratitude comes in. If you want to direct your life in a positive direction, you have to redirect your mind towards abundance and what’s positive by forcing it to focus it on what you are grateful for. If you want to become great, you have to focus on being grateful. You can change any situation in your life by simply redirecting your mind to focus on what’s right about it versus what is wrong.

I have a Thanksgiving Challenge for you. Of the many insights shared in The Compound Effect, one repeatedly I am told has made a profound difference is the story of the Thanksgiving Journal (read the excerpt below). My challenge to you is to think of an area of your life you are having difficulty in and want to improve. For the next 21 days... CLICK HERE TO READ MORE "...

Any takers?  Happy Thanksgiving!



Today I Am Blessed

by Darrell Isaacs Team Professionals

Today I am blessed 

Depending on where you are in the "food chain", times are hard or times are harder.  And if we are not careful we let life get swallowed by the details of each day. Which somehow seems to flow one to another seamlessly, until we look back and see that some substantial block of time has been lost.

So today is Saturday, a perfect day to shake yourself and say NOT TODAY!  Do something different, massively different. Ok, here's the soft-side of Isaacs, or to my DISC peeps, my "S"!  Find those dearest to you, invest some time with them. Teach the children that money does not always have to be involved to have a great time and build memories for a lifetime.

It is surprising how a game of "catch" can bring you and your child closer. Have you ever noticed the amount of talking that occurs while throwing a ball back and forth?  My dad will soon turn 90 and I have been thinking of the many days of fun I had when he would get off work and I could trap him into a game of catch. Now, at the time his being tired may have made him wish for his recliner, but he always played a while with me.   Years later while doing something else we loved, remodeling homes, we talked about it and both made withdrawls from the memory.

And if you do have the opportunity to spend a little extra (budgeted) monies for some time off, remember that talking, exchanging, and laughing are much more important than the souvenirs.  I know for me and Donna, we are tickled pink, almost giddy, to once again see the magic of the "Mouse" through a 4yr old and 22mo old tornado!  What a hoot. And thank God, they are still young enough to need a mid-day nap. Pops and Nana agree.  Yet it truly does seem like yesterday that Don(na) and I were standing in lines for Dumbo with Scotty and Karie, laughing and enjoying them and their excitement.  I am so looking forward to the day Kenzi will ready for her first Mouse-trip.   

The world is a bad place somedays, and there are bad people in it, that is certain. All the more reason to make sure you take the time to reconnect, feed into and make withdrawls from the only relations that matter. Your loved ones. Yep, today, I am blessed.        



Today I Have Learned Something New

by Darrell Isaacs Team Professionals

Today I have learned something new, ok, some of you may have guessed it before me, but, for me an "ah ha" moment.

"There are some smart cookies out there. I am not one of them." You can guess which is the Ah-ha on your own.

Sitting in Dallas, TX, at the 5 Star Conference, listening to panelist speak on the subject of Figuring Out FinReg, I am painfully aware of which club I am a member of.  The discussion is based on the new laws being passed or worked on right now, that will define the financial rules going forward.

Which side you take is really not the message here, but that the average American, like me, will not "get it".  Sitting here hearing rather political neutral summations, I think we have a financial octopus that probably would be better declared a centipede, except they are not scary enough.

So, what's "Mr & Mrs. J. Average" to do?

Protect yourselves from the damages that others can inflict on you. Whether new laws, bank demands, or credit merchants, move to a place where savings become important part of your monthly expenditures, take advantage of ways to lower monthly costs, long-term planning to ensure you have the best opportunity to have a future.  Wow. That was me, not the brainee's that spoke today.

So, how do we, who have no Master's in Government Double Speak, do these 3 simple tasks?

 1- Look at your income. Cut all nonessentials. Ouch, I know, but the subject here is  survival. Does cable TV really equal survival? Or Starbucks? Ouch, that one got me too! Is the Beemer really the best deal for you? Did you really make more money because YOU owned it? Did the trade in values payoff better than owning a car for 7-8 years with half that time having no payment? Get the picture? Remember the story of the ant and the grasshopper?  One stored, one bought Beemers.  Winter is coming.

 2- With today's incredibly low mortgage rates, lowered home values and continuance of tax shelters, most can ‘own’ cheaper than rent, and here is the little bitty secret you probably do not know. As a renter, on month 361 you will have a payment! Whoa! Too simple to give much value or thought too but really, don't you plan on living???  So, you handled that secret so good so here is the next point.  Rent in 1980 for a 3br home was $395-410. Today, $1000-1090.  What will it be in 2040?  Oh yeah, and your mortgage payment was locked-in in 2010, and remained unchanged. 

 3- Set a clear picture, with rewards built in, that will guide your future spending/savings plan. You are not the 20-somethings any longer and it won't get any easier the older you get. Proof: look at how many 60-somethings are praying the social security system doesn't fail.  Don't grow up to be one of them.

Ok, back to the class, what did these 4 high-ranking government/banking fellows conclude? That they can't agree on the solution! Surprised? 

Place responsibility for the future where you can impact your hands.

And, remember to vote.



One in Four Borrowers is Underwater

by Darrell Isaacs Team Professionals

NOTE: Only the brave will read this to the end. 

If you are like me, that statement is scary, and you grow weary hearing about this subject.  Yet it is something we as a nation have not dealt with.  And until we do… we will have more articles saying the same thing.  Case in point, per a recent article by RUTH SIMON and JAMES R. HAGERTY of the Wall Street Journal, “the proportion of U.S. homeowners who owe more on their mortgages than the properties are worth has swelled to about 23%, threatening prospects for a sustained housing recovery… according to First American CoreLogic.” 

“These so-called underwater mortgages pose a roadblock to a housing recovery because the properties are more likely to fall into bank foreclosure and get dumped into an already saturated market.  Economists from J.P. Morgan Chase & Co. said Monday…”. 

“Home prices have fallen so far that 5.3 million U.S. households are tied to mortgages that are at least 20% higher than their home's value… More than 520,000 of these borrowers have received a notice of default…”

“Most U.S. homeowners still have some equity, and nearly 24 million owner-occupied homes don't have any mortgage, according to the Census Bureau”.  You read that right, no mortgage!

So, here is the QUESTION?  Can you complete the following adage:  ____ low, ____ high!  This is the defining separation between the speculator, investor, and wannabes.  Speculators think it is all about the ‘flip’.  Wannabes wait until the investors have made huge profits and then slide in while the media is still hyping the market so they can pretend to be investors.  But the investor, they know that greatest wealth comes from sustained planned ownership. 

Here is the one secret that have made my clients fortunes.  So, save your dollars, no shipping and no more late night TV telling you how to be rich with real estate.  Ready?

$165,000 x 10% down = $16500.00 invested.  Market increase of 10% means subject should sell for $182,000 in a year.  Meaning, your $16500 invested returned $16500, or 100% return on investment.  Not counting tax shelters.  Not counting rental income.  Can you get 10% in today’s market?  MLS statistics for YTY June 2009/2010 show the average increase in the market values were 10.3%.  Is that too good to be true?  What about 5%, for a 50% return on money invested?

While there is more to this, it really is this simple.   With minimal risk you can get rates of return today of 40-100% on your money invested.  Anyone want a cup of coffee and to chit chat?  Until then,



Displaying blog entries 1-10 of 23




Contact Information

Photo of Darrell R. Isaacs, CRB CRS Real Estate
Darrell R. Isaacs, CRB CRS
Genesis Real Estate Group
149 W Yokuts
Stockton CA 95207
Phone: 209 957-2929
Fax: 209 244-7171

   Genesis Real Estate Group     Darrell Isaacs Team Professionals
   BRE License # 01874804        BRE License #00556614