You’ll meet a lot of people when you go through the home selling process. There’s the real estate agent that will work alongside you, the escrow agent who will handle the paperwork, the many potential buyers viewing the home, and the buyer who finally completes the transaction…. [Read More]
By and large, organization isn’t something that Americans are good at. We tend to have too many things, misplace items, and revel in clutter. It’s essentially a national pandemic that’s affecting a large majority of the population. Just consider the following facts as curated by Simply Orderly:… [Read More]
When selling your home, there are many processes and procedures. However, one of the most important is the home inspection. The majority of home buyers will hire an inspector before closing on a new house. The inspection results are essential for the negotiating process and for ensuring high value on the home…. [Read More]
We’ve all heard about bidding wars before. To hear real estate agents discuss them is like listening to veterans tell exciting wartime stories, or famous athletes reminisce on big games. But how do agents and sellers start bidding wars? Much of it has to do with the current condition of the real estate market, but there are plenty of other factors that come into play. Understanding how to start a bidding war on your Katy home could yield a tremendous financial benefit…. [Read More]
As a landlord, you’re legally obligated to ensure your rental properties are safe and free of defect for tenants. This means making sure the property is safe, secure, and void of dangerous factors that could result in physical harm. And this doesn’t just refer to issues that you know exist. Negligence liability means you can be held responsible if you failed to use due care in an effort to identify and fix issues…. [Read More]
When Airbnb started in 2008, the hotel industry didn’t flinch. It was impossible that guests would want to stay in a complete stranger’s home rather than in a hotel with room service and high cleaning standards, right?
But that wasn’t the case at all.
It took a couple of years for people to start using the service, for Airbnb to build up strong reviews, and for peple to trust that they would be safe – but Airbnb has been a huge success…. [Read More]
If you talk to some real estate investors, you’ll discover that they focus on buying the cheapest houses possible and charging the highest rent they can get. In other words, their primary focus is on immediate cash flow. And while it’s smart to think about cash flow, a rental property is more than four walls, a floor, and a ceiling. It’s a piece of real estate that holds both short-term and long-term value…. [Read More]
Do you have a disproportionately high turnover rate? Do good tenants seem to leave every time a lease agreement expires? Do you seem to have to work harder to retain tenants than other landlords you know in the area? If these issues sound familiar, then you may need to reconsider your approach to property management and how you’re treating your tenants…. [Read More]
In most areas around the country, the real estate market has experienced a nice post-recession recovery and homes are going under contract within days of being put on the market. If this is true in your local market, yet you have a home that’s been listed for weeks or months, then it’s easy to get a little restless and wonder what’s going on. Are you just being impatient, or is it time to take your home off the market?… [Read More]
A passion for real estate isn’t always enough to create a profitable rental property. Most landlords and investors must carefully watch the market and understand the ups and downs. The majority find themselves in the rental market, whether residential or commercial. Though it’s not always an investor’s first thought when considering wealth in real estate, market trends and forecasts show that single-family homes are actually best for generating high revenues…. [Read More]