Don't Make any Major Purchases Prior to Buying a Home As we have learned from the book "Rich Dad, Poor Dad" there are good debts and bad debts. When it comes to buying your first home, a mortgage is a good debt. Think about prioritizing purchases on appreciating asset over purchases that are depreciating liabilities. It's a … [Read more...] about Tips for First Time Home Buyers
Scottsdale Vacations
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
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
2019 Real Estate Forecast
We have all heard the scary news in the media recently about the coastal markets slowing down and we're in for a "shift" or downturn in the market. The stock market is crashing; however, before you start making assumptions and believing that's going to happen in our local Phoenix real estate market, watch this video I put … [Read more...] about 2019 Real Estate Forecast
