Wednesday, October 25, 2017 / by Juli Jenkins
The profit, or "return", you make on your real estate investments must be enough to cover the risk you take, taxes you pay, and the costs of owning the real estate investment such as utilities, regular maintenance, and insurance.
In order to win, you buy properties, avoid bankruptcy, and generate rent so that you can buy even more properties. However, keep in mind that "simple" doesn't mean "easy". If you make a mistake, consequences can range from minor inconveniences to major disasters.
1. Real Estate Appreciation: This is when the property increases in value due to a change in the real estate market, the land around your property becoming scarcer or busier like when a major shopping center is built next door, or upgrades you put into your real estate investment to make it more attractive to potential buyers or renters. Real estate appreciation is a tricky game. In fact, it is riskier than investing for cash flow income.
2. Cash Flow Income: This t ...
Friday, October 6, 2017 / by Juli Jenkins Team
1. Throw a reverse housewarming party
The less clutter, the bigger your home will look and feel to potential buyers.
2. Go down to the bare minimum
Box up everything you don’t need on a daily basis.
3. Take your doors off their hinges
Remove all your interior doors, besides those that lead to bedrooms, bathrooms, and closets.
4. Ditch the heavy drapes
If your windows are hiding behind cumbersome drapes and other coverings, now's the time to take them down.
5. Use only one color
Painting every single room the same color isn't an artistic cop-out—in a small home, it actually serves an important purpose.
"It prevents your space from feeling choppy, and gives it more of a continuous feel."
6. Put away your prints
Similarly, if you've got an affinity for wild and colorful designs. To avoid making buyers feel claustrophobic, “keep prints to a minimum and offset them with solids drawn from the same palette,” ...
Friday, September 8, 2017 / by Juli Jenkins Team
If your home is struggling to catch the eye of a buyer, it could be for an entirely valid reason. Maybe you're stuck in a sluggish market or have the poshest place on the block (always a tough sell). But there's another possibility, too—your home could be sitting on the market because of a rookie selling mistake. All of us can make 'em, even those of us who actually have a few home sales under our belts.
The good news? These basic slip-ups can be easily corrected or avoided. To help you out, we spoke to real estate agents to identify some of the most common mistakes people make in trying to sell their home. Sidestep these flubs to avoid sabotaging your own sale.
1: Overpricing your home
All sellers want to get top dollar for their house. .” For example, she says, “if a neighbor sells their house for $400,000, you might automatically assume that your house is worth at l ...
Friday, September 1, 2017 / by Juli Jenkins Team
Ever wish there was an automatic way to illuminate your way around your bedroom or closet at night? One that does not include you fumbling in the dark for a light switch or waking others when you audibly activate Siri or Alexa powered lights? Then you need these motion sensing LED ones that light up automatically when you get out of bed or enter your bathroom. ...
Wednesday, August 30, 2017 / by Juli Jenkins Team
If you're looking to sell your house, you'll want to hire an amazing listing agent to help—and there are certain questions to ask a real estate agent to pinpoint the right professional for you. And it's smart to be picky! A great Realtor® can help sell your house fast, and for more money. Pick wrong, and your listing might languish, then the lowballing bargain hunters come circling—it's not pretty.
Not sure where to get started? You can search for agents in your area with online tools, where you can also read real estate agent reviews from previous clients. From there, you'll want to call or meet with a few you like and probe further.
Here are some questions to ask a real estate agent when selling your house.
1. What are your credentials?
At the least, your agent should have a state license and belong to the local real estate trade association, because this means your agent will hav. ...