Good Afternoon! Yesterday I got together with two of my investor clients to walk through a potential flip they make take on. Myself, the clients and their GC walked through the property to take a look and brainstorm the best plan of attack. I want to share with you some of the ways we are looking at this project. So, […]
Good Afternoon! Last we talked – what to look for in an appraisal. This week let’s talk about the different methods used to determine value in an appraisal. So, as we do, let’s talk Real Estate, let’s talk APPRAISAL – FINDING VALUE… There are three approaches to determine the value in a real estate appraisal. (1) The Sales Comparison ApproachThis method of […]
Good Morning! Okay let’s do a quick recap of the last month. We looked at homes. We put a home under contract. We had a home inspection. We negotiated with the seller based on the home inspection findings. Most recently, we received our appraisal. Let’s spend this week talking about that. So, as we do, let’s talk Real Estate, let’s […]
Good Morning! Last week we had the HOME INSPECTION for the house PK & I are hoping to one day call home. While I will keep the results of that private while we are in negotiation, I want to spend some time this week talking about exactly who should attend the home inspection! So, as we do, let’s talk Real […]
Good Morning! Last week we discussed HOME INSPECTIONS and who should attend?! Let’s spend this week talking about HOME INSPECTION NEGOTIATIONS. So, as we do, let’s talk Real Estate, let’s talk HOME INSPECTIONS – NEGOTIATIONS… It is important to note that every deal is different, every buyer is different, every seller is different and every market is different. And ALL […]
Good Morning! Update from last week – we are officially under contract on a home! Let’s talk about what it took and what the next steps are. So, as we do, let’s talk Real Estate, let’s talk COMPETITIVE OFFERS IN A COMPETITIVE MARKET PT II… Let me give you a breakdown of this deal. House came on the market: 9/1 Showing: […]
Good Afternoon! Right now, PK and I are on the hunt for a home for us! We have purchased rental properties in the past but never a home for us to live in ourselves, so this whole process is new and exciting. Unfortunately, we picked a CRAZY time to do it. There is very little inventory, and anything that we […]
Good Morning! Recently, the TinyHome crew and myself have been looking into AirBnBs…something pretty foreign to us as a group! We think we have a target area narrowed down but what I am personally struggling with is determining the proper financing. So naturally, I started to do some digging. So, as we do, let’s talk Real Estate, let’s talk FINANCING […]
Good Morning! Last week my business partners and I were discussing the application process for one of our Binghamton rentals. When we were putting our rental package together, the group discussed the notion of using surety bonds vs security deposits. I had honestly never heard of a surety bond before so I did some digging. So, as we do, let’s talk Real Estate, […]
Good Afternoon! Last week we talked Rent Relief. This week let’s talk Mortgage Relief. So, as we do, let’s talk Real Estate, let’s talk MORTGAGE RELIEF OPTIONS… This Pandemic has brought on hardships for many. One of the biggest expenses people typically have is housing. Lender’s are working with homeowners to help reduce people’s mortgage payments and keep them in […]