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Interested In Investment Real Estate? 4 Buying Tips

Posted by on Aug 23, 2016 in Uncategorized | Comments Off on Interested In Investment Real Estate? 4 Buying Tips

When done correctly, a rental home can be a wonderful investment. If you’re looking to get started with buying real estate as an investment, there are many things you must consider before making that big purchase. These tips should help make sure your rental property does not become a financial mistake. Know Your Local Market You may have the money to purchase your first rental home, but you shouldn’t rush into buying a house just to get started. A key to having a successful rental home is to buy when you can get a great value for the home. It’s common for any area to have fluctuations where it goes between a seller’s and buyer’s market. You’ll want to time your big purchase when the buyer has the advantage, typically when demand is low and home inventory is high. Speak with a real estate agent about your local market, and try to time your purchase appropriately. Buy A Home Close to Your Own Home When you are investing in your first rental home, you should find something that is near to where your own home is. Now is not the time to look for homes out of state simply because you can get a great deal on it. Renting out something nearby will make it much easier to deal with property maintenance as well as monitor the property by simply driving by it from time to time. If you are able to perform maintenance quickly when your tenant needs it, you’ll also avoid bigger repairs that get out of hand. Scope Out The Right Part of Town Do your research when it comes to selecting the part of town that your home is in. You can read the local crime reports to see what kind of criminal activity is occurring in the area. You can also check out the local school report card to get an idea about what the schools are like. It will also tell you how many kids in the area are eligible for free or reduced lunch, which will give you some insight as to the medium income in the immediate area. Look For A Low Maintenance Home The biggest cost of owning a home are the repairs, and anything that will have very little maintenance will make it easier to take care of. A new roof, appliances, or HVAC system will make it less likely that these things will need repair in the immediate future. Just remember that you may not be able to get a higher price for rent, but it will save you hassle in the end. For more tips, speak with a local real estate agent, such as those at Keller Williams Realty River Cities, that can help find your rental...

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Managing Multiple Homes With Emergency Property Maintenance

Posted by on Aug 12, 2016 in Uncategorized | Comments Off on Managing Multiple Homes With Emergency Property Maintenance

Being the owner of multiple rental properties is not only a major feat and life accomplishment, it is a great responsibility. Tenants look to you to resolve issues with parking, landscaping, faulty appliances and other issues, and they also expect you to be available at a moment’s notice. When you have numerous rental properties, emergency property maintenance helps you to take care of all your tenants rapidly and with less stress. Building Rapport With Your Tenants You may have some tenants who you rarely hear from while others seem to remain in constant contact to report the most minor of issues. It is important to build a rapport with each and every one of your renters so that they feel like they are valued and can trust that their problems will be handled professionally. With an outside property management company, you can enjoy the fruits of your labor and still know that all of your tenants’ repair issues are being met succinctly. When you have happy tenants, they are likely to help refer their friends, work associates and family to you, making it easier for you to keep all of your rental units occupied. Handling Property Maintenance When You Are Unavailable Everyone needs a vacation once in awhile, even landlords. You can hire an emergency property maintenance service to take care of properties that are spread out across multiple locations or work on units within a single building. Professional emergency property maintenance services make themselves to landlords and their tenants around the clock. This will enable you to stay on top of repairs and learn exactly when they have been resolved, even when you are unavailable. Documenting Your Duties As  A Landlord Unfortunately, even the best landlords are not able to satisfy particularly picky tenants. If you ever have a landlord tenant issues that goes to court, you will need to provide documentation that proves that you did your best to resolve property repair problems. Having repair logs, receipts and invoices on hand will allow you to prove that you are a responsible landlord in court and help you to avoid future landlord tenant issues. Ask your professional property management company about what types of documentation they provide their clients with so you can stay prepared at all times. If you are the owner of multiple rental homes, you can benefit from emergency property maintenance in several ways. With their help, you will be able to ensure that your tenants continue to live in their units comfortably while you get much needed peace of...

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Vital Questions To Ask When You Need To Hire A Commercial Locksmith

Posted by on Aug 4, 2016 in Uncategorized | Comments Off on Vital Questions To Ask When You Need To Hire A Commercial Locksmith

When you run a business, you should always have a commercial locksmith’s phone number saved in your contacts list. It’s advantageous to seek out some locksmiths that serve your area before you need them and talk to each one so that you can find one that you can call at short notice when needed. Whether there has been a break-in or you’ve terminated someone under acrimonious circumstances, you’ll need to have the commercial locksmith visit your business to change the locks. When you call each of the locksmiths on your list, here are some valuable questions that are worth asking. What Do You Charge For After-Hours Calls? Although you hope it will never happen, the reality is that you may have a lock issue that occurs after regular business hours — for example, after a break-in — and you can’t wait until 9 a.m. on Monday to call the locksmith. Additionally, if you have layoffs that occur at the end of the day, you’ll likely need the locksmith to change the locks in your building after 5 p.m. Knowing how much the locksmith charges for calls after regular business hours is important so that you can be sure to hire a locksmith who will suit your budget. What Experience Do You Have With Digital Keypads? Gone are the days in which most businesses’ facilities are kept secure solely by a traditional deadbolt lock. If your facility has digital keypads at its access points, you need to be sure that the commercial locksmith you hire is experienced in working with these types of systems. You don’t want to have to call a locksmith to handle the deadbolts and a security service to reprogram the keypads. When you ask this question, provide some information about the digital locking mechanisms that you use in your facility and ask the locksmith to confirm expertise on your particular models. Do You Sell Lock Products? Locksmiths will sell you new lock cores when they change your facility’s locks, but it’s ideal to hire a commercial locksmith service that carries an inventory in a physical store. This means that if you’re wanting to make some changes to your locks in the future, you don’t have to buy them separately and hire the locksmith to install them. Instead, you can visit the locksmith’s retail location, learn about the different lock solutions that will best suit your needs, and then have the locksmith install them for you. For a commercial locksmith, contact a company such as Suburban...

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3 Things You Can Do to Improve Your Chances of Selling Your Home

Posted by on Jul 27, 2016 in Uncategorized | Comments Off on 3 Things You Can Do to Improve Your Chances of Selling Your Home

Selling your home can a long process for some. In fact, it can become very frustrating to have your house sitting on the market without any good offers. This is why it is important that you understand what kinds of things you can do to improve your chances of selling your home. Here are some things you need to know. 1. Improve the First Impression of the Home The first impression is most important when selling your house. This is why you need to make sure that your house looks spectacular when someone is looking at it. The small details don’t matter as much when it comes to first impressions. For example, don’t spend as much time worrying about the inside of the cabinets or the closets. Instead, you should touch up the paint on the walls. Invest in planting flowers and making sure the lawn is trimmed, looks nice, and so forth. These small changes, which are easy to make, will make a huge difference in your ability to sell your home. If a potential buyer sees chipped paint, an unkempt yard, or a messy house, it will appear as though the house needs work, and the potential buyer may not offer as much money. 2. Make Your House Appealing to the Average Person Second, it is important that you keep your house as neutral as possible. You should remove all family photos and anything that would make it hard for a potential buyer to envision themselves in the house. If you have too many things that are specific to your liking, such as Christian sayings on the walls, personal trinkets, or even unique decorations, this can make it hard for the individual to see the house as theirs. When you list your house, go through and take out the decorations that aren’t neutral, even if it means the house looks empty. This will help improve your chances of selling the home. 3. Hire a Real-Estate Agent You may be tempted to forgo hiring a real-estate agent in an attempt to save money on the commission. Although you might save a little bit of money in that respect, you will lose more money if your house sits on the market for too long. A real-estate agent will help your house to sell more quickly. An agent can get people in there looking at the house, and the more people you show the house to, the more likely you are to sell the house. By doing these simple things you can improve your chances of selling your house. Visit sites like to learn more about real-estate agents and selling your home...

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About The Services Provided By A Title Insurance Company

Posted by on Jul 20, 2016 in Uncategorized | Comments Off on About The Services Provided By A Title Insurance Company

Are you finally able to go through the closing process of buying a house after a long search? You must understand that the closing process is the most important aspect of your journey to home ownership. The best way to go through the closing process is with assistance from a title company. This article explains why a title company is helpful during the closing process. Provide Escrow Services Escrow services are done to make sure the closing process is handled in a fair manner for all parties that are involved. The title company will basically make sure that any special requirements for the sale are made before money is handed over to the seller. For instance, the title company will hold on to your money until the seller makes any repairs that you requested before closing on the house. Once all of the requirements are met, you will obtain the property title and the seller will be paid. Search for Liens That Were Not Mentioned Closing on a house that has liens that you were not told about can lead to numerous problems. A lender would basically have the right to take possession of your house as collateral for an unpaid debt by the seller. A title company will let you know about liens so you can figure out how they should be handled. For instance, you can request that the seller pays any liens off before the closing process is finalized. You could also insist on getting a lower price on the house so you can pay the liens on your own. Offer Title Insurance Another service a title company can provide is the issuance of insurance. By obtaining title insurance, you will have a sense of financial protection after closing takes place. The insurance policy will come in handy if you end up having to move out of the house due to an unknown. For example, if you bought a house that should not have been sold because someone else is the beneficiary of it, then title insurance will give you the money to pay the home loan lender back and recoup closing costs. Investigate the Name On the Title It is important for you to have solid proof that you are dealing with the owner of the house you are about to close on. The title will be investigated so you will know if you are dealing with the right person. The title company will also make sure that there isn’t more than one owner in an effort to ensure that you take full ownership of the house. Seek assistance from a title company so you can close on the house with...

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Three Home Building Situations That Call For Your Buying Two Lots

Posted by on Jul 12, 2016 in Uncategorized | Comments Off on Three Home Building Situations That Call For Your Buying Two Lots

If you want to build a brand new home, you will need to start by purchasing a lot. Lots come in a number of different sizes, from enough to build a McMansion and a pool, to just enough space for a one bedroom Craftsman home. If you want to build a home of a certain style or give yourself a wide back and front yard, you will need to pay attention to the size of your lot. Some home building situations will call for you needing two lots instead of just one.  Here are three situations where you may need to find two adjacent lots for sale.  You are located on a busy road Living on a main road can have its benefits. When you are situated on a main street that commutes into town, it is quicker and easier for you to get to and from home. One thing that it can be more difficult to do is to turn into or out of your home when you have to make a left turn into the property. Busy roads are notoriously difficult to make left turns on and can cause traffic build up. If you want to make it easier to get to and from your new home, you should build a garage and circular driveway on the other plot of land. It also makes it easier to pull your car out and in from the right side of the road, and avoid any waiting. This one change can keep your family safe.  Lots are too small Depending on the city that you live in, lots can be large and spacious or they can be tiny. If you live in a big, popular city, it is common to find smaller lots of homes as the demand is high. If the lots are too small for you to build the type of home that you want, it is always possible to purchase two lots of land to build upon. Be aware that you will have to go through the process of making these one lot with your city, so be sure to look up the rules on land parcels.  Living on the lot before the home is complete If you are personally financing the building of your home, it may take a while for your home to be complete. Most cities will not allow you to live on the property without proper accommodations until your building has been completed. For this reason, it is a good idea to purchase two lots. On one lot you can build a tiny mother in law home or even a garage with a garage apartment located above it. This way you can put all of your income towards building your home rather than having to rent a place before your home masterpiece is complete....

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Stronger Together: Why You Should Consider Buying A Home With The Condition Of A Shared Space

Posted by on Jun 30, 2016 in Uncategorized | Comments Off on Stronger Together: Why You Should Consider Buying A Home With The Condition Of A Shared Space

Home sales can have a number of extraordinary conditions. Most famously in the case of Hugh Hefner and the Playboy Mansion, one of the conditions that an owner can place inside of a sale is that you cannot throw out the old owner. Though unconventional, this arrangement can be made for homes of all price tags. Here are some reasons why you may want to chance buying a home with an owner still living in the property.  You can purchase a family property If you have a grandparent, aunt, or other family member who is increasing in age and is looking to sell their place, you may be able to purchase their home for a steal. Buying your family member’s home may mean that you can negotiate better terms than you could with a stranger. For example, they may accept monthly payments from you, rather than requiring you to take out a mortgage for the purchase. It also means that the house is legally yours and cannot be willed to someone else later on, leading to legal trouble with wills and probate court. You can also negotiate a lower price on the home in exchange for helping to take care of your old family member as they remain in the home.  It’s a better way to navigate less real estate There are some real estate areas that are hard to get into. New homes may not come on the market often and real estate may be extremely expensive, knocking you out of the market. If there are older homeowners in the area, however, they may be interested in selling their home to tie up loose ends and produce cash to help with other living expenses. If the market is such that you would have a hard time buying a home, you may have better luck working out a good deal with someone who is interested in sharing space in their home and asking if you can purchase, with the condition that you all live together until their death.  You can help someone secure retirement Houses are only assets if they are helping to bring in money or can be counted on to produce cash. For some, homes are liabilities because of the expenses and the inability to get liquid money from the home. By purchasing a home while the owner remains, you can help an older person who is struggling with house payments and struggling to fund their retirement. Being able to get an infusion of cash from a home sale, plus still have the ability to live in their home forever can help an older person afford everything a pensioner would need, plus provide peace of...

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Landscaping Your Yard To Maximize Your Home Value

Posted by on Jun 22, 2016 in Uncategorized | Comments Off on Landscaping Your Yard To Maximize Your Home Value

Curb value is an important part of selling a home because a well-presented home will make people more likely to pay higher prices. That’s why landscaping your home’s yard is so crucial. Here’s what you need to know about how landscaping can improve your home’s curb value, as well as a few project ideas. The Financial Impact Landscaping Has On Resell Value Now, many people are nervous about investing in landscaping a home they are selling because of the cost, which averages out to about $3,500 or so per project. There’s no need to worry because a good landscaping project will add much more curb value than the cost of your landscaping project. Just how much? One expert estimates that good landscaping can add up to 28% to a home’s overall resell value. So if you spend $10,000 landscaping a home worth $100,000, an increase of 28% would add $28,000 to its value, worth almost triple your investment value. A Few Ideas To Consider Now that you understand why landscaping is so vital for your home’s curb appeal, you can hire a professional to install a few simple landscaping details. These items are too difficult for most amateurs to create but are worth the investment when it comes time to sell your home. Here are a few simple landscaping ideas that you can consider: Stone pathways through your backyard Elevated steps from curb to your home Winding paths lined with flowers Backyard sitting area Vines growing up the side of your home Archways made of bushes Whatever landscaping concept you try, make sure to pick a theme and stick with it. For example, if you use a certain type of cracked stone path in your backyard path, try to find other decorative items (such as bird baths) that match it. Otherwise, your yard will lack a unifying style. Consider The Taste Of Others, Not Yourself When you’re landscaping your home, you’re likely going to want to make it highly personal to your taste. If you weren’t trying to sell your home, that would be okay, but making your home too personal will decrease its value. Depersonalizing a home is the art of making a home appear more general and appealing to a wide range of people. It might seem like landscaping your lawn contradicts this, but that’s not necessarily the case. For example, you could add a stone pathway in the backyard from a small sitting area and the back door. This is a pretty general landscaping design concept that looks good and is likely to be attractive to many people. Adding wildflower decorations to the front of your home might look good to a lot of people (including you), but might not be as attractive to a general audience. Make sure to talk to your realtor and a landscaping expert before attempting any project when you have a house for sale. Even if landscaping can improve your home’s value, paying too much will negate that boost. Realtors and landscapers can help you pick projects that you can afford and which maximize your home’s...

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4 Tips For Relocating To Denver During The Winter Months

Posted by on Jun 14, 2016 in Uncategorized | Comments Off on 4 Tips For Relocating To Denver During The Winter Months

Denver is a beautiful place, and learning that your job has transferred you to the Mile High City can be good news if you love the outdoors, enjoy beautiful views, and want to live in a metropolitan area that is growing and thriving. But depending on where you’re moving from, Denver can be a foreign experience, especially during the winter months. Use the following tips and information if you will be relocating to Denver during the winter: Prepare for the Change in Altitude Denver is called the Mile High City because it has an elevation of exactly 5,280  feet. If you’re moving from an area with a lower altitude, it may take some time to adjust to the thin mile high air in Denver. After moving into your Denver home, it is a good idea to take it easy when exercising outdoors so your body can adjust to the change in elevation. Drinking a lot of water may help prevent the symptoms of altitude sickness. Make Sure Utilities are Turned on in Advance Denver weather can be quite chilly and cold during the winter months, so it is essential to ensure that your electricity and gas services are turned on before you move into your new Denver home. After the stress and hassle of moving, you are sure to need to run the heater, take a hot shower, and light a roaring fire in the gas fireplace.   Keep Winter Items on Hand Denver weather can be quite unpredictable– one day it can be sunny and pleasant, and the next day a serious winter storm may roll in. When planning a winter move to Denver, make sure that you remember to buy winter clothes for all family members, along with de-icing agents and shovels. Depending on the time you move during the winter, it may be necessary to shovel snow from your driveway and spend time out in cold weather that you may not be used to. Keep Your New House Clean If you’re relocating to Denver in the winter, there is a good chance that you may encounter snow or slush. If you want to keep the interior of your new residence clean, make sure that you lay down drop cloths, especially over any areas that have caret. It is also a good idea to keep a towel on hand to wipe down boxes if you happen to be moving into your new Denver home during a really cold rain or heavy snow....

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Three Answers To Questions About Commercial Real Estate

Posted by on Jun 6, 2016 in Uncategorized | Comments Off on Three Answers To Questions About Commercial Real Estate

When starting a business, choosing where to locate the enterprise can be a major decision to have to make. Not surprisingly, there are many people that may feel stress about this task when they are starting their first company. To help you avoid some common mistakes when choosing commercial real estate, you should consider the following answers to some common questions. How Much Will You Need To Pay To Hire A Commercial Real Estate Broker? It should be no surprise that investing in commercial real estate can be a major expense for anyone, and some individuals will attempt to keep these costs low by skipping the use of a commercial real estate broker. However, you should be relieved to learn that you may not need to actually pay your broker. This stems from the fact that it is a common practice for the property’s seller or landlord to pay the buyer’s or lessee’s broker’s commission. Through this arrangement, it is possible for buyers to enjoy the guidance and services of an experienced broker without having to pay out of pocket for this help. Can Leased Commercial Real Estate Be Modified? When individuals are wanting to lease property, it is important to note that the allowed modifications to the structure can vary greatly from one property management company to another. While some landlords will allow their tenants to make drastic changes to their units without penalty, others may require their tenants to pay modification fees. Regardless of whether you will need to pay the landlord or management company a fee, you will likely need to submit the plans for the project to be approved, and you will also need to provide a copy of the building permit for your project. Is All Commercial Zoning The Same? Unfortunately, it can be common for those starting their first enterprises to be uninformed about the various zoning laws and regulations. As a result, these individuals may fail to realize that commercial zoning can often be further classified. For example, one area may be zoned for retail, office or restaurants. Due to this reality, you should clearly explain the activities of your business to your broker so that they can limit the properties they show you to ones that are already zoned for this type of enterprise. While it may be possible to petition to have the zoning classification changed, this can be a lengthy and complicated process that will likely require you obtaining an attorney. For more information, contact a local real estate company like NAI...

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