In Real Estate, It’s All About Timelines, Deadlines, and Nothing Happening At All

Whether you’re just starting your home search or applying for a loan, nothing happens quickly in real estate. Everything takes time. Here are a few tips to help you manage those pesky real estate timelines.

Always Get Multiple Estimates For Repairs

Whether you’re about to put your house on the market or responding to a list of repairs from a potential buyer, you should always-always-always get multiple estimates on repairs. You get what you pay for when it comes to repair work but some companies charge way more than they should while doing way less. And not every handy man with a tool box is qualified to make all repairs. Here are a few tips on getting the best value for your buck.

Should You Use Video To Market Your House?

Should you use video to market your house online? In a word: duh. The web is moving toward video. The experts say within 10 years most of the content on the web will be video. If your realtor is not using video to sell your home, you’re missing out on potential buyers. And you have a crappy realtor.

Should You Invest In Rental Property?

Owning rental property might be a good way to build wealth for retirement, but becoming a landlord may not be as easy as you think. With rental property ownership comes tons of responsibility. You’re the owner, landlord, and maintenance man, which means you’re the one who gets the call in the middle of the night when the toilet is overflowing. Before you invest in rental property, consider these tips.

What Is A Mechanic’s Lien And How Can It Monkey Wrench Your Real Estate Deal?

The legal definition of mechanic’s lien is a security interest in the title to property for the benefit of those who have supplied labor or materials that improve the property. The lien exists for both real property and personal property. In layman’s terms, a mechanic’s lien means that at some point in the past an individual or company performed work on the house (paint, roof, etc.) but was never paid, so they filed a lien with the courts that attached to the property so they would have to be paid before the property could be sold. Mechanic’s liens have thrown a monkey wrench into many deals. Here’s the 411 on mechanic’s liens and how to avoid getting tripped up by one.

Should You Invest In Rental Property?

Owning rental property might be a good way to build wealth for retirement, but becoming a landlord may not be as easy as you think. With rental property ownership comes tons of responsibility. You’re the owner, landlord, and maintenance man, which means you’re the one who gets the call in the middle of the night when the toilet is overflowing. Before you invest in rental property, consider these tips.

Clean Out Your Garage Before Putting Your Home On The Market

When you’re getting your house ready to go on the market don’t forget to clean out the garage. Or as I like to call it, “your in-home storage unit”. You should declutter your garage just like the rest of the house. Buyers want to see a clean garage where all their stuff will go, not all your stuff that’s stuffed in there. Here are a few tips on how to return your garage to its original purpose: to house your automobile (which is probably full of stuff).

How To Flip A House Without Losing Your Shirt (Don’t Do It!)

Lots of people watch those house flipping shows on HGTV and think, “Hey, I can do that. How hard can it be?” HARDER THAN YOU THINK, CHIP!! Successful house flipping is not only hard, it can be expensive and risky. There’s no quicker way to lose every cent you have and find yourself neck deep in debt. So before you jump out there and buy some old house to flip, heed these words.

What Is A Real Estate “Instant Offer”?

You hear the ads all the time. “We’ll make you an instant offer on your house! If we can’t sell your house we’ll buy it! We’ll make you an offer on the spot!” As you would expect, these offers might be too good to be true.

Your Backyard Should Look As Good As The Front

Many times curb appeal stops at the front door. It’s not enough to have great curb appeal from the front, but your backyard must be equally impressive.