Good morning! This week we are talking about an article my husband and I discussed earlier this week. One thing I will say about him is that he is a HUGE READER and will read anything and everything, not only about the industry he works in, but also the industry I work in! This particular article was about renovating and building homes in today’s […]
Good morning! Last weekend as I was out and about running errands with my friend Annie in Philadelphia, I simultaneously sold a playground-set at one of our rental properties up in Binghamton. The buyer and I coordinated everything via Facebook – he even paid us via Facebook! It was in that moment that I felt SO grateful for Facebook Marketplace. I did a little mini “woot […]
Good morning! Last week we discussed how we go about finding tenants for our real estate business. After that post, my Dad (who is an attorney), suggested we also review the fair housing laws. It is truly important to understand the fair housing laws on both a national and local level. Let’s talk about that. So, as we do, let’s talk […]
Good morning! So REAL LIFE UPDATE – we are in the process of putting tenants in the new Binghamton place! Let’s talk about that process. So, as we do, let’s talk Real Estate, let’s talk TENANTS -WHERE & HOW DO I FIND THEM? … FIRST OFF, WHERE DO YOU FIND TENANTS?! We have tried multiple methods and I have to tell you – […]
Good morning! Last weekend was super exciting because we closed on another property in Binghamton! Let’s talk about what that entailed. So, as we do, let’s talk Real Estate, let’s talk WHAT DO WE NEED TO DO PRE, DURING & POST CLOSE FOR OUR NEW RENTALS … DEAL OVERVIEWWe were approached about this property by one of our tenants! She had informed […]
Good morning! If you guys follow my instagram @erin.home.and.realestate you may have seen my mini celebration (ft Happy by Pharrell) last Friday when we received word that our alteration permit FINALLY came through. This has been quite that saga that set our project back MONTHS. Let me share with you where we went wrong so that you can avoid this for […]
Good morning! As you all know, I try to keep LTRE as relevant as possible in order to add some sort of value for you guys! Recently, I find myself continuing to drop the term “creative financing” to people. Just last week it happened with a couple looking to purchase their first home. They fell in love with a unit that […]
Good morning! So, as we do, let’s talk Real Estate, let’s talk CO-BROKING… WHAT IS CO-BROKING? It is essentially when two agents work together—one representing the buyer, and the other representing the seller (or, in the case of a rental, the landlord)—to complete a deal. The commission is split between the two agents. (Definition via BrickUnderground). Another, less common, form of co-broking […]
Good morning! I recently attended a team meeting where we learned more about the various appraisal options. My first thought was, wait, we have options?! I was under the impression if you were using bank lending that you always HAD to have a traditional appraisal done, BUT that is NOT true. Let’s dive in and talk about that. So, as we do, let’s […]
Good morning! Spring is on the horizon which means – warm weather, pretty flowers, sunshine and… a more active real estate market (hopefully!). How do we know it will be more active? Well, typically the market is more active in the Spring months BUT aside from just guessing and making assumptions we can also take a look at the MBA […]