Friday, December 13, 2019 / by Harvey Rosenberg
House Not Selling? Maybe you're getting views but no offers. If you're having trouble selling your house, try these fixes to get more buyers interested and making offers.
Start with the Basics
If you haven’t done so already, eliminate clutter and family photos, repair obvious flaws and have the home professionally cleaned. What we think as personal home touches are just that, personal. They are not personal to a buyer. While you want your home staged, you want it staged for a fresh buyer to come in and see it as their own. Distractions distract from what you want the buyer to think. That they could live here.
Rethink room staging
Can you shift around the furniture to make small rooms look more spacious, or to create focal points in large spaces? Consider what the main function of the room is and make the furniture reflect that. Is it too much, does the furniture make the room seem cluttered as well. Often less is more.
Amp up the color ...
Friday, December 6, 2019 / by Harvey Rosenberg
If you're looking to invest in a rental property, these tips can help you not only make the right choice but also save you money in the long term. Seeing as real estate is a good investment, it doesn't have to be limited to the home you live in. Keep these things in mind when purchasing a property with the intention to rent.
Think Long Term
Buying a rental property won't net income immediately. In fact, it may seem as it's costing you more or you're breaking even. However, long term, real estate is an investment. Even if you're breaking even cash-wise, you're building equity and appreciation into the home. As you pay down the principal over the years, your cash flow will increase.
Landlord or Property Management
Decide upfront if you want to be on call 24/7 or hire a property manager. While you can expect a portion of your rental income, typically around 10%, to go to a property manager, it may be worth your time. Managing tenants take a lot of time and effort and i ...
Monday, December 2, 2019 / by Charlotte Rose
Existing Home Sales are currently at an annual pace of 5.46 million.
The inventory of existing homes for sale remains below the 6 months needed for a normal market and is now at a 3.9-month supply.
Inventory remains low due to high demand from buyers who are still looking for a house to buy!
Friday, November 29, 2019 / by Harvey Rosenberg
It's Black Friday, but you likely won't see any top discounts for buying a home. However, buying a home, or any piece of property or real estate is still a good investment for the long term.
What is Real Estate Investing?
From the Motley Fool, "Real estate investing comes in many shapes and forms. If you are getting started in real estate, it's helpful to understand the different types of real estate investments so you can determine which type of real estate is best for you."
Residential real estate is the most popular way to invest, and this includes any property that is used for residential purposes, from single-family to townhomes or duplexes.
These can range from house-flipping as a short term investment, which does involve a lot of upfront capital and time. Or longer term such as rental properties and vacation homes.
Commercial real estate is also common and includes office spaces, storefronts, industrial and storage.
Monday, November 25, 2019 / by Charlotte Rose
7 Reasons to List Your House This Holiday Season
Around this time each year, many homeowners decide to wait until after the holidays to list their houses. Similarly, others who already have their homes on the market remove their listings until the spring. Let’s unpack the top reasons why listing your house now or keeping it on the market this winter may be the best choice you can make.
Here are seven great reasons not to wait:
Relocation buyers are out there now. Many companies are still hiring throughout the holidays, and they need their new employees to start as soon as possible.
Purchasers who are looking for homes during the holidays are serious buyers and are ready to buy now.
You can restrict the showings on your home to days and times that are most convenient for you. You will remain in control.
Homes show better when decorated for the holidays.
There is minimal competition for you as ...