Author: Beach

David Kravitz or Real Estate

Real estate, like any other business, has been changed over the years. With new technologies coming out, there are a few ways to use them rather than checking up on David Kravitz’s Snapchat every 2 hours. I’m going to give you a few real estate tips to up your real estate game.

The first tip is to put money into real estate that is devalued. Why? You might be thinking this is nonsense if you are new to the real estate business, but I assure you, this tip is the trick that will set the newbies apart from the experienced. The reason why you want to invest in land that is undervalued isn’t because you’ll be keeping it. Oh no! Quite the opposite. It’s  because you’ll selling it for a profit. Why? There is only so much land on the Earth and everyone who has a business is out to get it. Right there, you’ll understand that supply and demand affects price in buying and in selling. This is going to take some patience. As soon as you buy land and begin to sell, not everyone is going to jump up at the opportunity to buy your new land. Eventually, you’ll come across someone who will.

You’re going to want to increase the value of your land before you sell, of course. How do you do that? you can do this a number of different ways. One ways is adding trees to the land. Remember that patience thing I was talking about? Give it time and let those babies grow! Over time, naturally and because of trees, your land will begin to grow in value. I mean this value will grow fast. If your land is raw land, having the land developed is another fantastic way to increase the value and it’s also the popular way many people in real estate make the value jump up higher, faster. Oh yes, this is starting to sound expensive, isn’t it? Don’t worry, the ROI is well worth it. As you do this more and more, you’ll develop a skill of spotting raw, undeveloped land just waiting to be made yours.

 

Ask Karl Jobst About Real Estate

Out of hate of the testing the environment for land interests in the previous half a decade, I write it down as being true that, among most dental specialists, land is still the favored speculation. Truth be told, my casual surveying demonstrates that for most dental practitioners’ venture portfolios, the estimation of land speaks to more or less 66% of the aggregate value of real estate.

If you ask Karl Jobst, dentists love real estate. Why? Generally, dental specialists are exceptionally close and nearby. They don’t have a self-absorbed outlook of life and they are seriously faithful to their groups and other communities. Their career is devoted to the mouth which is the most delicate part of the human body. Why is that important? Their land ventures give direct non investment advantages to persevering dental practitioners and their families no matter if through office structures or second homes. These advantages need to be possessive and give genuine worth in many dental specialists’ thoughts.

Ugly House

Everyone has drove past that ugly house and laughed.  Some see it as a blight on the neighborhood while others see opportunity.  That ugly home will make the perfect renovation.  Starting with the curb appeal and then the functionality would be a winner.  imagesOLUIODFX imagesPQYOADSJYou will have to get the house for a bargain price so you could afford the fixer.  If you play your cards right you could make a good profit.  That should be the goal for all of us.  Besides it will improve the neighborhood a little as well.  Dana Sibilsky is the best judge of a fixer I know.

Luigi Wewege Says When Preparing to Buy a Home, Think Like a Seller

Luigi Wewege Think Like A SellerReal estate professionals know how to do their job well, and part of their job is to ensure that the best aspects of a home are emphasized while the least attractive aspects are minimized. Realtors know to add a few cheap landscaping touches to add perceived value and understand that leaving cleaning products out will remind a prospective homebuyer that a home requires upkeep. In order to avoid being lulled into a fall sense of security as a homebuyer, it is in your best interest to consider the perspective of the seller and the real estate agent so you can make an informed decision based on the totality of facts available.

This is not the easiest mindset to adopt, according to Luigi Wewege. With a little advance preparation, however, you can create a significant advantage for yourself as you seek to buy a home. Among the many recommendations made, Wewege notes that recognizing the small flourishes made by realtors to enhance the perceived value is among the most important. If you are able to think about real estate value in terms of the total costs and total savings, you may find it easier to recognize the home that truly represents the better option.

Real estate agents are not trying to deceive homebuyers, but they are trying to influence their decision by emphasizing certain qualities over others. Recognizing these strategies when buying a home can ensure that you find the property that is best suited to your specific needs.

Land Deal

untitled (274) untitled (273)Is that land deal really the deal that you planned on?  After all, some sold it for , I would assume, a profit.  What did they know that you didn’t?   Hopefully you have an idea on how to make money on this land.  Did you plan on a business to buy you out.  Did you have an idea that a mall might be in the lands future?  This kind of insider information would be a huge advantage and money can be made.  Dove Medical Press can help with that information but not before the competition does. Sometimes knowledge can be misleading.  Just be careful not to get into a deal that loses.

Time for a Fixer?

untitled (242) imagesSZFEYE6VA fixer upper can be a way to buy more home for the money and fix it as you go.  The trick would be to find that fixer that you can live in while you do the repairs.  The expense of renting while working on the fixer will drain the savings faster than you think.  If you run out of cash then just put up with the house as is until you recover.  The end result will be a home that you could not afford to buy is now your home.  Luke Weil is a fixer and loves to make old home come alive.

Still Home Shopping?

imagesZDVDAG9J untitled (45)Is the time right to buy a home?  Are you still shopping?  You are not alone.  Spending the next thirty years trying to pay off a mortgage is scary stuff.  Many fall into the looking and never buy a home.  The perfect deal is never going to happen.  There will always be some compromise.  The house may meet your needs but the area sucks.  The price may be in the budget but the home is too small.  The seller wants too many conditions to the sell to deal with.  The house is great but the neighbors suck.  The house is perfect but three hours drive from work. Fisher Investments on LinkedIn  can help you with that decision.

Short Sell?

untitled (15) untitled (14)Should you short sell your home?  That is a personal question.  It depends on your situation.  Did you over borrow and plan to resale for a profit? If so a short sale may be your only recourse.  If you just fell on hard times and your home I getting foreclosed I would work with the bank to keep the home.  If you have otherwise good credit then you may be able to refinance at a lower interest rate and lower the payment into something you can afford.  The best way to go is a personal decision and you need to know your options. Hope you can have a Home For Life.

Buy or Rent?

untitled (29) untitled (28)The real decision when it comes to investing in real estate is to buy or rent.  If You think that the current home mrket will be dropping in value in the near future then renting is the obvious choice.  If you think the the priving has bottomed out then go ahead and but.  Renting and saving a down payment is the best for most entering the housing market.  The advantages od home ownership are many.  The tax deduction can really help.  If you are in need of a tax break then buying is for you.  I would look for a payment that allows for some savings.  Joe Olujic is a good guy to discuss you options with.

Buy or Build your home

House under construction on plans with laptop

House under construction on plans with laptop

I had to decide to build a house of buy an existing house. I decided to build.  I sketched a rough draft of what I wanted and hired a draftsman to draw up the plans.  I then took the plans to general contractors for bid.  We took the lowest bid and started building.  After surviving the construction I swore to never do it again.  It is far better to buy something that is built so you can see how big it really is.  The home I built was OK but it wasn’t worth the effort.  It took 6 months and it seamed like forever.  Luke Weil did the same thing and he liked it. To each their own.