You’ve most likely heard the rule: Save for a 20-percent down payment before you buy a home. The logic behind saving 20 percent is solid, as it shows that you have the financial discipline and stability to save for a long-term goal. It also helps you get favorable rates from lenders. But there can actually be financial … [Read more...] about WHICH DOWN PAYMENT STRATEGY IS RIGHT FOR YOU?
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Tip# 4
This month's tip has to do with the six C's. These "C"s will help you achieve that top dollar price. One of the most economical solutions in updating your home is to find a neutral color to use throughout the home. Typically you should consult a stager or interior designer or real estate professional for this. But I've taken … [Read more...] about Tip# 4
Real Estate and Vacation Rentals
Investment Homes & AirBnB Are you considering turning your rental into an AirBnB or Vacation rental? In this Arizona market right now, a 6 or 7% cap is considered average/good. 10% CAP is considered excellent for a long-term rental.Did you know that, the earning potential with a vacation rental can be 80% or more than that … [Read more...] about Real Estate and Vacation Rentals
Understanding Buyer Pschology
I believe understanding the psychology of consumers is key to obtaining the most money on a home. In today's "I" world (iPhone, iPad, iMac, Selfies), the masses seek instant gratification! Everyone seems to desire the nicest or newest possession. This applies across all platforms. It doesn't matter if it's Ralph Lauren's latest … [Read more...] about Understanding Buyer Pschology
Tip #2
The last tip was about the importance of having consistency throughout your home. The psychology behind creating consistency is that it can make a home feel finished. Anything that "feels" unfinished, chopped up, disjointed, or "feels like a project" will result in lower demand and in turn lower offers. This week we are … [Read more...] about Tip #2
Social Behavior and Real Estate
Many would agree that technology over the years has enhanced the quality of our life. Technological advancements have increased the speed in which we receive information, it has also enhanced our efficiency in which we can accomplish tasks, and communicate with one another. Applications have changed the way we behave. … [Read more...] about Social Behavior and Real Estate
The 3 F’s in Fix n’ Flip
If you've ever been curious to as to how real estate investors consistently make money with "Fix-n-flips" Here is your startup guide to learn how. There are three key factors to creating a successful business model for profits that they don't teach you in those seminars people spend thousands of dollars on. Funding The first … [Read more...] about The 3 F’s in Fix n’ Flip
