Signifiers of a Good Investment Property
Monday, September 21
What are signifiers of a good investment? I look at what my highest cash on cash return is. Many people mix up cash on cash return and profit. Profit is relevant, but it is a by-product. To keep it simple, I look at how much money I have to put into the property and how much money I am getting ou...
Is your listing getting "stale"?
Monday, September 21
Typically when a house is sitting on the market the problem is the price. But if you don’t want to drop the price dramatically, there are some fairly inexpensive changes you can make. One quick fix is landscape clean up. Make sure your yard looks pristine. You could even do it yourself and spend ...
Advantages to Utilizing a Realtor
Monday, September 21
Technically you can save on commission, but not in the way you may be thinking. There are some transactions that go smoothly and seamlessly and you may wonder what it was the realtor did to make it look so easy. The reality is that real estate is a tricky business with many caveats. I presume mos...
Selecting a Realtor
Monday, September 21
If you ask anyone who owns a home or is purchasing a home, they most likely know a realtor. Does that mean that their realtor is the best realtor for you? Probably not. Just as you wouldn’t go to an optometrist for a sprained ankle, you shouldn’t go to a commercial real estate broker to sell your...
Navigating Offers
Monday, September 21
“I have recently listed a few properties and they each have multiple offers. How should I determine what is the best offer? In a few instances we have gone with the highest bidder and they end up backing out. – Margaret of Shoreline, WAEspecially in today’s market it is not uncommon to see an upw...
Residential Vs. Commercial Real Estate Investing
Monday, September 21
I always think it’s interesting when people feel as though they are proficient residential real estate investors that they can then jump into investing in commercial real estate. I look at each of these as two completely different businesses. There are some similarities, but there are more differ...