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
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Tip# 3
#PRICING Price the home correctly! Research show's overpricing your property will actually cost you money. If priced competitively from the very beginning, a home will sell at the higher end of the value range. The longer it lingers on the market, the lower it lands in that range. To understand pricing, first, you must … [Read more...] about Tip# 3
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
Tip #1
Getting TOP dollar for your home, more often than not, will require some sort of fine-tuning. If you've lived in your home for a while, and you want to get the most money for your home, prepare yourself to put in a little work to get your home in tip-top shape. There are a number of things that must be done to achieve this. … [Read more...] about Tip #1
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
How to: Update Door handles
One of the biggest cosmetic differences you can make in a kitchen is adding pull handles to the kitchen cabinets. It dresses the cabinets up and gives it a more "finished" look. The more "Complete" or "Finished" your home looks, the more demand your home will generate. Buyers don't like projects, so before you list your home, … [Read more...] about How to: Update Door handles
TINDERizing your Home Photos
The home buying process has drastically changed from 20 years ago, even 10 years ago. Today people start their home search more than ever online. Did you know Zillow get's over 195 million visits to their site?* Today, people go straight to Zillow, or other top real estate websites like Truilia, Yahoo Homes, Realtor.com, … [Read more...] about TINDERizing your Home Photos
2019 – Q1 Market Update
Home buyers are SHOPPING! Home sales were down the first two months of the year. I believe some of this was contributed to the interest rates towards the end of the year. They reached a five year high. Statistically, January and February sales are low months to begin with. We typically see less activity in December with … [Read more...] about 2019 – Q1 Market Update
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
How much Home can I Afford?
Have you talked with a Lender yet? If it's not, you SHOULD. Looking at homes online is merely a dream, and if you're serious about wanting to purchase a home, you first need to get your financing in order. There are numerous reasons as to why. Here are my top five reasons to start with a lender. 5. What if the payment you … [Read more...] about How much Home can I Afford?
10 Things You Should Know BEFORE Buying a Home
So, you’re ready to buy a home! As you gear up for this exciting time in your life, you have probably been told the basics–things like getting pre-approved for financing or not being too critical over cosmetic issues you can easily fixed. But what about those other things–the ones no one ever tells you about, but you ultimately … [Read more...] about 10 Things You Should Know BEFORE Buying a Home
What Type of Homeowner Are You?
Selling real estate has evolved quite a bit over the last 20 years. Today, there are various ways in our worldwide web era that real estate can be sold. Investors have created an alternate market for homeowners to sell their home. Through the evolution of the investor buyers or iBuyers I have found there are four types of … [Read more...] about What Type of Homeowner Are You?
