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26 February 2022 | 10 replies
Yes, two studies from private research institutions:Northwestern University "FSBO sellers ended up with a significantly enhanced net sale price because they didn't have to pay the brokerage commission that real estate agents charge seller” https://www.northwestern.edu/newscenter/stories/2007/06/fsbo.htmlStanford University: “The use of a broker does not significantly affect either the average initial asking price or the average selling price of a home” https://drive.google.com/file/d/1IdAEb6LJC6DH7BUltgOtIStkUYUvjnZW/viewThe truth is that real estate is a market like any other.
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4 January 2024 | 6 replies
Just a thought here, If you put in the effort to sell it as is then just split the profit with your dad just to keep peace in the family.
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9 January 2024 | 5 replies
I personally am always looking for another deal, and having cash on hand, combined with a good FICO enhances the possibilities.
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10 January 2024 | 0 replies
Well, think about your expenses in life—things like bills, groceries, and maybe even saving for the future.Your cash flow from your rental property can help cover these expenses.It's like having a part-time job that pays your bills.Investors who prioritize the cash flow path often look for properties in stable, well-established neighborhoods where they can charge reasonable rent prices.They want their rental income to be consistent and dependable, just like your allowance or paycheck.This approach is great for investors who value financial stability and want to make sure they can cover their expenses and maybe even have some extra money left over.However, there's a trade-off.Properties that generate high cash flow might not see their value increase rapidly over time.It's like having money in a savings account—it's safe, but it might not grow significantly.So, if you're someone who wants steady income and doesn't mind slower growth in property value, the cash flow path could be a good choice for you.In summary, the cash flow path in real estate is all about earning regular rental income from your investment property.It's like having a reliable source of money to cover your expenses.While it might not make your investment value skyrocket quickly, it provides stability and peace of mind.So, whether you're saving for that new video game or planning for your future, the cash flow path can help you achieve your financial goals.The Growth PathThe Growth Path in real estate investing is like choosing to take the scenic route to financial success.It's all about the long game, where you patiently wait for your investments to grow and become more valuable over time.Think of it this way: Imagine you plant a tiny sapling in your backyard.At first, it's just a small, fragile tree.
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10 January 2024 | 0 replies
They beep when they sense carbon monoxide, giving you a heads-up to get out of the area.Fire extinguishers are like mini firefighters that you can use to put out small fires before they become big problems.They spray a special foam or chemicals that can smother the flames.Security systems are like guards that watch over your property.They can include cameras, alarms, and sensors that can alert you or the authorities if there's a break-in or suspicious activity.Having these safety features in place is like having a team of protectors on your side, ready to keep you safe and sound.They give you peace of mind, knowing that if something goes wrong, you'll be alerted and can take action.So, whether you're at home or in a property you're visiting, always make sure safety features are in working order because they're there to look out for you.Property inspections are an investor's best friend.They provide peace of mind, protect your investment, and help you make informed decisions.So, whether you're planning to buy your dream home or looking for profitable real estate investments, never underestimate the power of a thorough property inspection.It's a small investment that can save you from big headaches down the road.
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1 March 2023 | 2 replies
Both are natural stones that can enhance the look and feel of any kitchen or bathroom, but they have distinct differences in terms of durability, maintenance, and cost.
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2 July 2019 | 43 replies
In our proposal, we offer an “Ordinance or Law” endorsement, which is extremely important, and I do not see that enhancement on the CBIZ quote.
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7 November 2023 | 6 replies
They can enhance the sales price quite a bit.
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1 August 2020 | 4 replies
(which I lost & later drove by to find that it wasn't as good as I thought)Was the partnership just for the peace of mind that you wouldn't hold all the risk yourself or was there other reasons for it?
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2 October 2019 | 8 replies
As they say, strength in numbers, and that’s not only when it physically comes to needing to take action, it’s strength in numbers for peace of mind purposes.