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Pippa speaks to consumer journalist Wendy Knowler about a second-hand computer which was sold to a listener and then announced to be stolen. Wendy unpacks this story with Pippa Hudson and listener Tessa Dowling.See omnystudio.com/listener for privacy information.
Real Estate Investor Dad Podcast ( Investing / Investment in Canada )
Interested in joining the REI Masters Mentorship Program? Head to www.reimasters.ca Or email us at info@reimasters.ca Got a question you'd like answered on the show? Email us at info@reimorningshow.com Hosts: Wayne and Gabby Hillier Edmonton Alberta Real Estate Investors Coaches at the Real Estate Investing Masters Mentorship Program Got a question you'd like answered on the show? Email us at info@reimorningshow.com Hosts: Wayne and Gabby Hillier Edmonton Alberta Real Estate Investors Coaches at the Real Estate Investing Masters Mentorship Program
Real Estate Investing Morning Show ( REI Investment in Canada )
Interested in joining the REI Masters Mentorship Program? Head to www.reimasters.ca Or email us at info@reimasters.ca Got a question you'd like answered on the show? Email us at info@reimorningshow.com Hosts: Wayne and Gabby Hillier Edmonton Alberta Real Estate Investors Coaches at the Real Estate Investing Masters Mentorship Program Got a question you'd like answered on the show? Email us at info@reimorningshow.com Hosts: Wayne and Gabby Hillier Edmonton Alberta Real Estate Investors Coaches at the Real Estate Investing Masters Mentorship Program
Could cryptocurrency be the new frontier for homeowners? Join us for another groundbreaking episode of Real Estate Lowdown, as we unlock the mysteries of cryptocurrency's impact on everything from your morning coffee to your first home with our returning guest; innovative entrepreneur, investor, and real estate titan Bill Erbey, founder of Ocwen Financial Corporation.In our riveting discussion, we strip away the skepticism surrounding digital currencies and examine ForumPay, the revolutionary crypto payment solution platform co-founded by Bill, which is smoothing out the volatility of crypto transactions. You'll be intrigued by our exploration of how cryptocurrency is no longer lurking on the fringes but taking center stage in daily transactions. It's rapidly becoming a staple in real estate transactions, with a surprisingly growing number of homebuyers now leveraging digital wallets instead of bank accounts for their down payments. Bill enlightens us on the global advantages of crypto, cutting through red tape and making international trade more efficient than ever. We also delve into the role of stablecoins and platforms ensuring 'clean' crypto, bridaling the wild west of digital transactions. If you're curious about the future of your buying power, this is a conversation you can't afford to miss.To top off the discussion, we scrutinize the ProperT rewards program, where cryptocurrency meets consumer incentives in a way that could forever alter the landscape of major purchases. Discover how a token rebate is not just a gimmick but a currency revolution that could benefit your next big investment. Connect further with Bill Erbey to learn more about ForumPay at https://forumpay.com.Stay connected with Bill Bymel and Invest with First Lien Capital:Linktree: https://linktr.ee/billbymelLinkedIn: https://www.linkedin.com/in/billbymel/Facebook: https://www.facebook.com/firstliencapitalInstagram: https://www.instagram.com/firstliencapital/To learn more, visit:https://billbymel.com/Listen to more episodes on Mission Matters:https://missionmatters.com/author/bill-bymel/
In this insightful episode we engage in an in-depth discussion about the complexities and challenges of the Vancouver real estate rental market. The episode features a compelling narrative from Jeannie Ball, a landlord who recounts her tumultuous journey dealing with a rental property. This journey, fraught with challenges, leads her from confrontations with difficult tenants and the Residential Tenancy Branch (RTB) to an escalated case in the Supreme Court of British Columbia.Jeannie Ball shares her personal experience with her rental property located in Duncan, Cowichan Valley. Jeannie opens up about the trials she faced, including eviction proceedings, the discovery of significant property damage, and the ensuing legal entanglements. As the narrative unfolds, listeners are given a glimpse into the daunting legal battle Jeannie faced, uncovering unfair practices at the RTB that potentially affect thousands of cases across British Columbia.We delve deep into the repercussions of these legal challenges, discussing how such disputes and RTB's practices can deter landlords from renting out their properties, consequently impacting the overall housing supply in Vancouver. The episode provides valuable insights and advice for both landlords and tenants who might be navigating similar situations, emphasizing the importance of understanding one's legal rights and procedures in rental disputes.Jeannie, in a call to action, urges listeners, particularly homeowners and landlords, to advocate for fairer practices at the RTB. She highlights the necessity of this for increasing housing availability and improving the rental market. The podcast concludes with a strong message encouraging active involvement and communication with housing authorities to foster a more equitable and accessible real estate environment in Vancouver.View The Supreme Court Outcome Ruling Documents:https://drive.google.com/drive/folders/19LVzuDeghMYH6YC7OxudU818QEskxOyZ _________________________________ Contact Us To Book Your Private Consultation:
Join host James Varley for an in-depth chat with Will Parry, CEO and Co-Founder of ALTIDO by Joivy. Will talks about his career in the short-term rentals industry, which materialised after stints in finance and selling apple juice. He outlines why ALTIDO is an industry disruptor and gives a whole host of shout-outs to people and businesses in the STR space. Will's brand shout-out went to Unplugged, while his main individual mention went to Bob Garner from EnviroRental. Tune in to find out why. 3:41 Will's journey in the travel industry, via finance and making apple juice5:02 The apple juice industry6:15 The story of ALTIDO, which started with one property on Airbnb7:49 ALTIDO's customers9:44 ALTIDO is active in six countries – and each market is different12:05 The biggest changes in the last decade14:09 How ALTIDO has scaled operations17:24 Getting listed on ALTIDO20:00 Starting life with a new brand (saying goodbye to ALTIDO in 2024)21:14 ALTIDO: An industry disruptor24:07 Advice for hosts who want to scale27:24 Is there room for all the tech companies in the STR space?28:30 What are you most excited about in the STR industry?30:00 The biggest threats to the industry31:49 Favourite brand in the STR space apart from your own: Unplugged34:11 Individual shout-out: Bob Garner from EnviroRental35:48 Advice to companies starting out in STR Links mentioned: Holiday Cottage Handbook LIVE (download your free e-ticket)Holiday Cottage Handbook website Sign up for our free weekly newsletter Download our free e-book for investors, hosts, and property managersHCH Financial Services Call: 01206 577266 Email: advice@hchfs.co.uk AltidoUnpluggedChris StephensonThibault MassonNadia AdanVanessa de Souza LageBob GarnerEnviroRental Enjoy the show? Please subscribe, rate, and review! Email the show: james@holidaycottagehandbook.com
Property news from South West London #property #landlords #uk #propertymarketYour weekly property news summary is here
Tue, 19 Jul 2022 10:50:00 +0000 https://jungeanleger.podigee.io/279-wiener-borse-plausch-s273 aa218b5ea3f7a42727f115d79d400b88 Die Wiener Börse Pläusche sind ein Podcastprojekt von Christian Drastil Comm. Unter dem Motto „Market & Me“ berichtet Christian Drastil über das Tagesgeschehen an der Wiener Börse. In Folge S2/73 habe ich Verstärkung von Christoph Boschan, CEO der WIener Börse, der davor für einen Folge von https://boersenradio.at/people zu Gast war (wird kommenden Montag gesendet), also war ich heute irgendwie in Anlehnung an das gute alte "Team drajc" mit Josef Chladek heute ein "Team drabo". Wir plaudern über den ATX, das Modethema Börse und durchaus kontrovers über das Tagesgeschäft. Weiters: Verbund und die Dividende und Strabag blickt auf CPI Property. Die 2022er-Folgen vom Wiener Börse Plausch sind präsentiert von Wienerberger, CEO Heimo Scheuch hat sich im Q4 ebenfalls unter die Podcaster gemischt: https://open.spotify.com/show/5D4Gz8bpAYNAI6tg7H695E. Co-Presenter im Juli ist bank99, da werden wir im Monatsverlauf einiges bringen. Der Theme-Song, der eigentlich schon aus dem Jänner stammt und spontan von der Rosinger Group supportet wurde: Sound & Lyrics unterhttp://www.boersenradio.at/page/podcast/2734 . Risikohinweis: Die hier veröffentlichten Gedanken sind weder als Empfehlung noch als ein Angebot oder eine Aufforderung zum An- oder Verkauf von Finanzinstrumenten zu verstehen und sollen auch nicht so verstanden werden. Sie stellen lediglich die persönliche Meinung der Podcastmacher dar. Der Ha ndel mit Finanzprodukten unterliegt einem Risiko. Sie können Ihr eingesetztes Kapital verlieren. 279 full no Christian Drastil Comm.
Want to stay competitive, but having difficulty finding the right numbers? Daniel Craig, Founder and CEO at ProfitCoach is back on the podcast. He talks with Brad of how their benchmark study helped shape the NARPM Accounting Standards and how the data helps you choose competitive figures. Also, what you can do to get a chance for a free consultation regarding your numbers. See how Profit Coach can help your Property Management business grow! https://www.pmprofitcoach.com/ Connect with Daniel Craig on LinkedIn https://www.linkedin.com/in/daniel-craig-99751234/ Learn more about Brad Larsen and RentWerx at www.rentwerx.com!
Want your investors to keep investing? Or have them continuously provide you with referrals. Brad Randall of Welch Randall Real Estate joins Brad and shares how to enhance boring line items from a quarterly document into an interactive engagement and how he went from forgettable trinkets to providing memorable experiences for his investors.
This is a BONUS episode I created after making a slight scheduling error and not wanting you guys to suffer too much. Hope you enjoy! Connect with and learn more about Gavin here - https://www.gavinjgallagher.com You can watch the full keynote on video over on my YouTube channel - https://www.youtube.com/gavinjgallagher?sub_confirmation=1
This is a BONUS episode I created after making a slight scheduling error and not wanting you guys to suffer too much. Hope you enjoy! Connect with and learn more about Gavin here - https://www.gavinjgallagher.com You can watch the full keynote on video over on my YouTube channel - https://www.youtube.com/gavinjgallagher?sub_confirmation=1
Hollywood Bowl opening up / Jennie in for Angel. Ohio celebs w Ginny / Tim's grandad orphan / Bellio wedding. Property Taxes due / J McWilliams / Walmarts Closing McDonalds. Prince Phillip Passes. St Vincent Volcano eruption
Amber Propert, Property Accountability Specialist, U.S. Department of Defense speaking with Jim Dieter, ALN CEO Find podcasts, videos, papers and more at AssetLeadership.net
Stephen has done various things over his life. Currently, he is the managing director at ProperT Network.
Welcome to another episode of Your Wealth Health! The transfer of a legacy property can rip families apart. How can you keep your family-friendly during this process? Erik Brenner and Elizabeth Foley will have some answers in today's episode. They are joined by Attorney Mark Kellogg – one of this country’s leading experts of legacy property succession plans, who has dedicated more than 30 years helping people with these issues. New episode every Saturday at 9:30am on FOX Michiana or YourWealthHealth.com!
Pre-approval can be a game-changer in a fast-paced market, and here’s why. Here in the Triangle area, we’re operating in a seller’s market, which means that there’s a lot more competition, and the chances of you as a buyer finding yourself in a multiple-offer scenario are high. Here’s why we advise buyers to get pre-approved as soon as possible in a market like this: 1. Peace of mind. Doing your homework upfront allows you to get a recommended price to focus on as you shop for your next place to call home. It also allows the lender to pull your credit and see if there are any issues you need to work on immediately. 2. Loan options. A great mortgage planner will go over the many loan options and programs that are available to you. In many cases, they can save you money by showing you certain programs you’d never otherwise know you qualify for. 3. Becoming ‘a real buyer.’ When you finally get that piece of paper that says you’re pre-approved, it communicates to a seller that you’ve done your homework, you’re serious, and you’re ready to move the process forward. This certainty naturally makes you more attractive to sellers, and when you’re competing in a multiple-offer situation, it can sometimes be the difference between hearing a ‘yes’ and a ‘no.’ 4. Easy deal. If you get pre-approved by a good lender who also advance underwrites your file, your process from contract to close will be a much smoother one. If you’re about to enter the market as a buyer, we’d love to help you find a great lender and also serve as your trusted Realtor. If you’d like to get that process started, or if you simply just want some questions answered, reach out via phone or email at any time. We’re here to help!
In the last few years, many institutional buyers (or iBuyers) such as Opendoor, Offerpad, and Zillow have entered the real estate market. We receive tons of questions from clients about how their buying process works, what their offers are, and whether it’s better to sell to them than go the traditional route. So we created a program that gives our clients access to all the iBuyers that are buying homes in our area: the Express Cash Offer program. In the past few months, we’ve partnered with over 20 different institutional buyers in the Phoenix market. Our process is simple: We come see your house, talk to you and get some information, then submit it to the iBuyers confidentially. Then within 48 to 72 hours we’ll bring you three or more offers and help you compare them so you choose the best one. We’ll also be bringing research on the retail value of your property so you’ll know whether it’s better to sell to an iBuyer for cash or list the traditional way. If you’re interested in our Express Cash Offer program or have any questions, please call or email us. We’d be glad to help you.
The COVID-19 lockdown has turned us into an even stronger seller’s market. In the past couple of weeks, my team and I listed a couple of homes that were, in my estimation, slightly overpriced and had several other inherent issues. I expected these homes to take a while to sell and possibly require a price reduction or two. However, one of them sold in just a day, and the other sold in a week—both of them at or above asking price. This was proof that what we expected to happen to our market is happening. Before COVID-19 hit, our market had an inventory imbalance: There were too many buyers and not enough available homes. Now, that situation has been exacerbated. People are even more hesitant to list their homes, but buyers still want to buy. The bottom line is, I believe this is the best time in recent memory to put your home on the market. Granted, the fact that a home’s market value will likely far exceed its appraised value may cause appraisal issues for some sellers on the back end of their transactions, but homeowners are getting insane offers right now and the price escalation is heavy. “People are even more hesitant to list their homes, but buyers still want to buy.” On the flip side, the market you sell in is the market you buy in too, so you need to be ready for the challenges of being a buyer. It’s uncommon to sell for top dollar and buy at a discount in the very same market. The good news is, interest rates are very low—as low as 3.1% in some cases, which is basically free money. You may have to overpay for a house, but you’ll be able to borrow money at a cheaper rate. If the market continues on like this, the house you’re thinking of buying now will be even more expensive in a month or two, and competition among other buyers will be just as fierce. There’s no benefit to waiting to buy after you sell. I don’t foresee the market turning around any time soon, even if we do enter a recession. So if you are thinking of selling, give me a call and I’d be happy to provide you with a market analysis and let you know what your home will sell for. If you have any other real estate needs, feel free to reach out to me as well. I’m here to help.
It may surprise you, but the Triangle market is doing well amid COVID-19. How is the Triangle housing market faring during the pandemic? It might surprise you, but our real estate market is doing fairly well. While listings decreased by 3.5% in April, closed sales for the year have increased by 6.9%. The median sales price is up 5.6% from 2019. The average sale price has increased by 5.2% compared to 2019. The number of people receiving list price for their homes is up .2% year over year to 98.1%. Days on market has decreased by two days, for an average of 35 days. As you can see, the Triangle housing market is doing reasonably well. If you have any real estate needs, know that people are still moving and pursuing real estate goals during the health crisis. If we can help in any way, including answering your questions or covering a topic you’d like to see in a future video, please give us a call or send an email. We would love to hear from you.
Here’s how the first quarter of 2020 panned out for our Flathead market. Today I’m excited to share with you the Flathead market summary for the first quarter of 2020. Though we’re nearing the end of May, I wanted to wait until I had all of the numbers available for the surrounding areas before I presented this recap of Q1. For those worried about how Q2 is faring, I did also wrangle up the numbers for April (the month in which quarantine really took full effect). We saw a slight decrease in properties going under contract in Flathead Valley year over year, with 209 this year as opposed to 224 last April—a 10% change. Though there hasn’t been a huge impact thus far, it’ll be really interesting to see how Q2 pans out. In the meantime, here’s everything you need to know about Q1. Cited below for your convenience are timestamps that will direct you to various points in the video. Feel free to watch it in its entirety or use these timestamps to browse specific points at your leisure: 1:38 - Looking at 2020’s overall first quarter stats 2:16 - Vacant land statistics for Q1 2:48 - Flathead Lake statistics for Q1 3:41 - Swan Lake statistics for Q1 4:40 - Echo Lake, Blaine Lake and Lake of the Woods statistics for Q1 6:18 - The ‘West Lakes’ statistics for Q1 7:30 - Wrapping things up
There are two very important Arizona laws that all homeowners should know for their own protection: 1. The Arizona Homestead Exemption Law. This is designed to protect homeowners from general creditors. It protects the property for up to $150,000 in equity. Let’s say a property is worth $300,000 and you have a mortgage balance of $150,000. This means that you have $150,000 of equity that can’t be seized by creditors. This is great protection if you’re a homeowner 2. The Antideficiency Law. If you have a mortgage on your home and, for some reason, you can’t make your payments, the bank is going to foreclose and take the property back. This law says that the bank shouldn’t have any right to go after you for any losses or seize any of your personal property. That protection applies to residencies of less than 2.5 acres and less than two dwelling units. However, one thing to know is that this law doesn’t protect you in cases where you have already taken out a home equity line of credit (HELOC). This is pretty basic information about these two laws. If you want some more details about them, reach out to us and we will get you pointed in the right direction. We’re always here to help with any real estate needs as well.
There are a lot of upgrades you can make to your home, but investing heavily in them doesn’t always work out. Spending a lot of money on professional landscaping, for example, won’t result in a dollar-for-dollar return. Adding a new roof, new gutters, or a swimming pool will raise your home’s value, but it won’t translate into more money for you when you sell. A new roof may take $10,000 to install, but it won’t bring an extra $10,000 of value to your home. When most buyers shop for a house, they expect you to have a good roof in the first place. The same goes for your HVAC and plumbing systems. If you have any questions about what you can do to your home to bring the highest possible return on investment, don’t hesitate to reach out via phone or email. I look forward to hearing from you soon.
Today we’re discussing eight ways you can help others during the pandemic. The first one is simple: Check on your neighbors. Give them a call, or shoot them a text. Ask how they’re doing and if they need anything. Interacting with people right now is crucial, and your neighbors will likely appreciate it. To hear my other suggestions, watch the short video above.
Check out this virtual tour video for our new listing at 3116 Herdsman Way Raleigh, NC! Stunning finishes & details throughout this custom home make it truly unique. Top notch built-in’s galore, custom paint, shiplap wall in entry,extensive crown molding & trim work, & custom designer lighting throughout. The gourmet kit boasts SS Bosch appliances, center island, granite, 42 in cabinets, tile backsplash. 1st floor bedroom-perfect for in laws complete w/en suite bath.Unfinished basement has endless possibilities.This cul-de-sac lot backs to protected preserve & is close to I-540, restaurants, & shops. Click here to download the video!
When a real estate investor is flipping a property, one of the most common things they forget about is the holding costs and their impact on the profitability of a transaction. If you’re in the fix-and-flip game, three holding costs hold the key to deciding the outcome. One is the cost of ongoing expenses such as utilities and property taxes that can add up after a while. The act of simply holding property for six months can cost you tens of thousands of dollars. To learn more, watch this short video above.
These are trying times for everyone, and we’re all looking for ways to keep ourselves occupied so as to not let negativity rent out the space in our heads. That’s why today I’ll share nine tips for staying positive as this pandemic continues. First, limit your intake of daily news. Take 15, 30, or 45 minutes to get the information you need and then shut off the newsfeed for the day. Second, look to the past to find hope. To learn all nine tips to keep a healthy and positive attitude, watch my latest video above.
Learn how our Virtual Insiders Program can keep you safe amid COVID-19. If you can’t wait to make a move, we understand and are here to help. We’re changing the way people in the Calgary area buy houses. Our Virtual Insiders Program can keep you safe during this health crisis while also allowing you to see homes like never before. Buying a home should be an exciting and enjoyable time, but it can be nerve-wracking and more stressful than ever if you don’t do it properly.
Here’s why homeowners are better off doing a short sale instead of a foreclosure. How can a short sale help you avoid foreclosure? A short sale is a process where the bank allows the homeowner to pay less than their current mortgage to sell their home. This benefits both sides: The bank saves money on legal fees and the homeowner doesn’t have to go through foreclosure. Opting for a short sale and avoiding foreclosure carries three big advantages: 1. You won’t have a foreclosure on your record for seven years. The only thing that will show up on your credit is an account settled for less. “A short sale is a process where the bank allows the homeowner to pay less than their current mortgage to sell their home.” 2. Your credit recovers much faster. With a year or so of good payment history, you’ll be able to attain your previous credit score. 3. The bank provides relocation assistance. They like short sales, and they’ll encourage you to go through with them. They’ll offer you $3,000 to $10,000 just to relocate and sell your property before it enters foreclosure. That being said, a short sale is a complicated process involving many loopholes you need to be aware of to do it successfully. If you’re facing foreclosure or know someone who could benefit from a short sale, don’t hesitate to reach out to me. I’m here to help.
I recently had the pleasure of attending Career (Re)Visioning, a great course offered by Keller Williams that teaches how to hire people for your team. One of the topics covered was the difference between talent and non-talent, and because I know that all of us agents want to continue to grow, I thought I’d pass some great information from the course along to you. So what’s the difference between talent and non-talent? Non-talent brings you problems—talent finds solutions. Non-talent doesn’t fulfil your needs and ends up giving your job back to you—talent shares your goals and fulfills your needs as a natural byproduct of fulfilling their own. Non-talent doesn’t know what they want and isn’t searching—talent knows what they want and actively seeks it out. Non-talent requires pushing—talent pushes you. Non-talent doesn’t know where the bar is set—talent raises the bar. Non-talent repels talent—talent demands to be associated with talent. Non-talent can’t back up their actions and results—talent speaks the language of action and results. Use these points as insight into who you should be recruiting for your team. If we can ever help you with your business in any other way, feel free to give us a call. We’d love to help you.
I’m asked a lot about credit scores and how people can help them go up. We know that the top possible score is around 850. Only one person out of 200 is going to have that perfect score, with most people’s scores running in the 750 range. Once you start getting into the 600 range, financing gets a bit tougher. If you’re in the 500 range, it’s going to be even harder. If your score isn’t where you’d like it to be, here are a few things that you can do to help it go up: 1. Make sure you’re not overextended. Your credit balance should never be over 30% of your limit. If you have a lot of different cards, you might want to cancel some of them so that you only have a few. “Once your score goes up, your interest rate will go down.” 2. Don’t be afraid to refinance. If you can refinance your home and get a lower interest rate, it will show that you have paid off one mortgage and now have a new one, which will help your credit score go down. 3. Make sure all your revolving credit is paid regularly. This includes car payments, housing payments, and credit cards. Don’t wait until the day before the late fee is due because even that will hurt your score. You have to pay everything on time. Once your credit score goes up, your interest rate will improve and it will be much easier for you to buy a home. If you have any questions for me about your situation or real estate in general, don’t hesitate to reach out via phone or email. I look forward to hearing from you.
I’ve got some important information to share today with those of you who have been curious about when an economic recovery might happen. The first thing they’re expecting is a “v” shaped recovery, which means that because we saw a rapid and quick decline, we’ll see a sharp and quick rebound. Compared to other recessions we’ve had in the past, it has taken much longer to recover. Another thing you should know is that our unemployment rate will drop significantly in just the next year.
Today I’m speaking with the Founder and CEO of RipeHouse Advisory, Jacob Field, RipeHouse Advisory generate fantastic research and reporting, among a number of other things to professionals in the property industry.One to mention of late is COVID-19 vs Australian Property report, which many well-renowned property experts participated in, and we get some insights into how they are feeling about the current environment.Jacob is also kind enough to walk us through his personal investing journey and how his research over many years has been sewn together to create the Ripe House platform, he gives us some insights into how the platform works. I really appreciate Jacob coming on and sharing the insights they found in the COVID-19 vs Australian Property report, alongside sharing his personal investing journey and the development of his platform.Full Report: http://ripehouseadvisory.com.au/assets/ripehouseadvisory_covid_19_vs_property_2020.pdfGet your Smashed Avo Property Podcast Merch now!https://teespring.com/stores/smashed-avo-property-2Don’t forget to give us a 5-Star review on iTunes!https://podcasts.apple.com/au/podcast/smashed-avo-property/id1486572396Host on Airbnb:https://www.airbnb.com.au/r/jordand14264Music: Jordan Astra | Rollers Rights https://www.youtube.com/channel/UCIjbW3YkOhtqjjE2xoREp_QDISCLAIMER: No Financial, Property Buying, Legal, Taxation or Accounting AdviceThe Listener, Reader or Viewer acknowledges and agrees that:Any information provided by me is provided as general information and for general information purposes only;I have not taken the Listener, Reader or Viewers personal and financial circumstances into account when providing information;I must not and have not provided legal, financial, property buying, accounting or taxation advice to the Listener, Reader or Viewer;The information provided must be verified by the Listener, Reader or Viewer prior to the Listener, Reader or Viewer acting or relying on the information by an independent professional advisor including a legal, financial, taxation, accounting and property buying;The information may not be suitable or applicable to the Listener, Reader or Viewer's individual circumstances;
Sometimes, you think you know an area well, but then you accidentally stumble upon something that surprises you. Here’s how I found Loon Lake. If you’ve been in my office, you know that we have a large mosaic of satellite images of Flathead Lake that I collected and assembled back in the ‘80s. We used it to tick off areas on the map where we have sold homes and to keep track of past experiences we’ve had on the lake. A few years ago, the Flathead Lake Bio Station came out with a new poster of the lake based on more current satellite images. I wondered whether I could make another 4’ by 8’ mosaic from these newer images, so I called them and asked for their permission. They were very gracious and sold me the right to reproduce their images on a larger scale. The nice thing about their map is that it includes a bathospheric layering of the lake so you can see how deep different areas of it are. I created our new mosaic and brought it into the office, but as I was hanging it on our wall, I noticed there was a strange blotch on the map. “Starting at 3:00 in the video above, you can watch as I zoom in and the message reveals itself!” It was just this white splotch that caused me to think that the printer didn’t work right or that something had been spilled on the map accidentally. That wasn’t the case though, so I started looking at a couple of other mapping programs like Google Earth to see if I could zoom in on this strange area to figure out what it was. Zooming in, I discovered that this blotch was a dry lake bed called Loon Lake (I’d never even heard of that name before). Zooming in further, I realized that someone had written on the lakebed itself, in incredibly massive letters, a message to (I’m assuming) a family member. Starting at 3:00 in the video above, you can watch as I zoom in and the message reveals itself! If anyone knows the backstory about this message written out in this dry lake bed, please share the info with me. It’d be a fun thing to hear about and pass on to others! I would like to thank once again the Flathead Lake Bio Station for allowing me to put together an updated mosaic. As always, if you have any questions about real estate, please feel free to contact me. I’m here to help in these strange times. Until then, enjoy my latest outro: A pretty phenomenal gathering of ducks ‘murmuring’ as they return for the spring.
With all that’s going on in the world right now, a lot of people have been asking me about home prices and when they might start to go down. When the economy isn’t doing well, the first thing to get hit is the stock market, but the real estate market is always six to 12 months behind. Today I’m showing you three indicators that we’re following to tell whether prices will go down in the future. The first is supply and demand.
Instead of talking about real estate today, I want to share a list of my favorite TV shows that you can binge-watch and use to escape a little bit during this hectic time. My all-time favorite show is “The Sopranos” on HBO. I absolutely loved “Dallas” growing up, too. Do you remember where you were when J.R. got shot? To hear my full list of great TV shows that you can binge-watch during quarantine, watch this short video above.
As we continue to navigate the real estate market during a pandemic, it’s clear that business is still being done. Here’s how we’re helping buyers and sellers remain safe. A lot of people have been asking me the same two questions: “Are properties selling in Calgary?” and “How can I sell right now and reduce my risks?” To answer the first question, we’ve had over 307 sales in the last two weeks, so yes, plenty of properties are still selling. If you are in a position where you need to sell, we can help you take the necessary steps to prepare your home and get it listed, even in a market where physical contact is kept to a minimum. For a full list of questions you can ask buyers before they view your home to keep your health risk at a minimum and information about new rules and regulations made for real estate in Alberta, see below. If you have any other real estate questions for me in the meantime, don’t hesitate to reach out via phone or email. I’d be happy to answer them. Optional questions to ask of buyers before showings: 1. Has anyone in their house travelled internationally within the past two weeks? 2. Have they been in contact with anyone in the past two weeks who has tested positive for COVID-19? If yes, is that exposure due to employment relating to the health care profession? Please provide any additional information regarding exposure. 3. Does anyone currently in the house have any symptoms of COVID-19? Including but not limited to a fever, dry cough, or flu-like symptoms? 4. Have you or anyone in your house tested positive for COVID-19? If yes, when? When were you determined safe by Alberta Health Services? 5. Are you or anyone in your house awaiting test results for COVID-19? 6. Is there any additional information or procedures that would make you feel comfortable showing your house during this time? You also will need to keep people coming into your space safe too, so it’s important to review the below questions if you are selling your property. Potential Exposure to COVID-19 (Yes or No) 1. Has anyone in the house being sold travelled internationally within the past two weeks? 2. Has anyone in the house being sold been in contact with anyone in the past two weeks that has tested positive for COVID-19? If yes, is that exposure due to employment relating to the health care profession? Please provide any additional information regarding exposure. 3. Does anyone in the house currently being sold have any symptoms of COVID-19? Including but not limited to a fever, dry cough, or flu-like symptoms? If yes, your Realtor® may wish to have further discussions with you regarding showings. 4. Has anyone in the house being sold tested positive for COVID-19? If yes, when? When were you were determined safe by Alberta Health Services? 5. Is anyone in the house being sold awaiting test results for COVID-19? If you have answered yes to questions 1, 2, 4, and/or 5, your listing cannot be shown until 14 days have passed since the arrival home of the person who travelled internationally, or when you were in contact with someone who tested positive for COVID-19 (health care professionals excluded), and/or have been determined safe by Alberta Health Services. Your listing can remain on the MLS® system as active, however, there must be clear disclosure that no showings will be permitted.
As a buyer, how can you be sure you are protected? That is where the concept of buyer's agency comes in.Buying a D.C. Metro home? Get a full home search Selling your D.C. Metro home? Get a free Home Price EvaluationI often hear buyers who are beginning the home search process express frustration about having to fill out forms just to look at a home. Many wonder why this is even needed.The reason this is necessary, though, is because it's the law. We are required by law to inform you of any buyers' agencies and have you sign the related disclosures. This disclosure is not a formal agreement. It is simply a way for us to let you know how we're operating.In years past, at a time when I had just bought my first three houses, there was only such a thing as a seller's agency. Whether you were to work with an agent for three days or three months trying to find the right home, that agent would always only be working in the seller's best interest. Asking questions like what you should offer would only result in answers like, “The seller wants full price.”In short, there was no use in trying to coerce the agent into putting your wants or needs first. There was very little help for buyers in general. In fact, it was often not until the point where you got your keys to the house that you could be sure everything had gone right with the deal.We can guarantee you the best terms by negotiating on your behalf.The concept of buyer's agency came about in California in 1990. Since then, I have worked only for buyers and their best interests. Buyer's agents are beneficial in a number of ways. They can perform a market analysis, help you make a good offer, and will negotiate with your best interest in mind. While buyer's agents can't guarantee the best price 100% of the time, we can always guarantee to get you the best terms for you by negotiating on your behalf.So how do you pick an agent? First of all, you need to get along with them. On top of that, you should ask how many homes they've sold. Even agents with the same number of years of experience could have a vastly different rate of success. Having an agent who has sold a large volume of homes, who knows how to handle contracts and paperwork, and who knows what they're doing is critical. If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.
There are two new opportunities in our market for practicing attorneys. I've put together a special team, and there is a great loan program available for attorneys right now. Buying a D.C. Metro home? Get a full home search Selling your D.C. Metro home? Get a free Home Price EvaluationAs you may know, I used to work for local attorneys as a paralegal. In fact, I worked as a paralegal for 21 years, so all of you attorneys out there have a special spot in my heart. Attorneys are always there when we need them the most, so we have put together a special team for you. We have a group of real estate agents, loan officers, settlement attorneys, insurance agents, home stagers, and a designer all for your benefit. You can learn more about this special team here.To sweeten the pot, there is a new loan program available for current, active attorneys. The only requirement is that you passed the bar. The only requirement for the loan is that you've passed the bar exam.This program has no down payment, escrows, or PMI, allows gift payments, and gives you the chance to buy a single-family home, condo, or townhome—whatever you want! This is really a very sweet opportunity, especially if you are in a bit of a cash flow crunch. For example, maybe you want to spend your money on a bigger office. This loan program allows you to do that and get into the home of your dreams. If you have any questions about this loan program or are interested in buying a home, just give us a call or send us an email. We would be happy to help you!
Buying an investment property to use as a short-term Airbnb rental is a new idea many people are exploring right now. Buying a D.C. Metro home? Get a full home search Selling your D.C. Metro home? Get a free Home Price EvaluationThere's a new concept out there in the world of real estate where people buy real estate as an investment by using it as an Airbnb rental. Airbnb essentially provides a home away from home you can rent when you travel or go on vacation. My brother-in-law had a townhouse in Annapolis that he turned into an Airbnb, not knowing if it would work out. He hired a company to take care of the rental logistics and things like cleaning the house and sending him a check at the end of the month, and it worked out great. He's making enough money to cover all his expenses from the mortgages to the insurance and even the management fee. It's a great way to have someone else pay off your mortgage.If you're thinking about buying an investment property—especially to turn it into an Airbnb—there are some key points you should consider. First, you have to consider the location and the zoning, and whether you're even allowed to use it for short-term rentals. That will probably rule out most homeowners associations and condos, which tend to have strict rules on what you can do with a property. However, there are plenty of places in the D.C. area that don't have an HOA that would work perfectly for Airbnb. There definitely needs to be a management company in place to take care of everything; you don't want to get a call in the middle of the night saying the heat isn't working or that the sink is leaking. The management company will take care of all of that. Are short-term rentals even allowed where you're looking to buy?The third big thing to consider is your exit strategy. If the investment doesn't work out, what will you do? You want to make sure the property is in an area with good resale values in case you need to sell. You might also want the property to be in an area where it could be rented long-term for enough money to cover your monthly costs.If you have any questions about using Airbnb as an investment, give me a call or send me an email. I'd be happy to help you out!
The key to selling your home this spring isn't location—it's price. Let me explain what I mean. Buying a D.C. Metro home? Get a full home search Selling your D.C. Metro home? Get a free Home Price EvaluationThe spring market is here, and it's the best time of year to sell your home. Winter is over, the flowers and trees are in bloom, and lots of houses are on the market. Buyers are primed to buy, and they're out in droves. If you're a seller, what's the most important consideration in getting the best return on your investment? Some might say location, location, location, but that isn't true. Of course location plays a predominant role in determining the market value of your home, but it's price—price, price, price—that determines how much your home will sell for and how much you will ultimately net. We've helped buyers and sellers buy and sell over 700 homes. Our experience has been that sellers invariably want to price their home high in the hope that it will sell at a higher price, thereby putting more money in their pocket. In many cases, homeowners feel the home is worth more than it is for a variety of reasons. In reality, it's the buyer who determines the value of your home. Your home is only worth what a buyer is willing to pay for it. A house is a commodity, and its value fluctuates based on the dynamics of the market. Buyers know value, and in today's market with today's technology, they have access to all the information they need to determine the market value of homes. They have access to tax records, home sale comparable statistics, crime statistics, school performance statistics, and a host of other data. The vast majority also work with real estate agents who advise them on the state of the current market.It's the buyer who determines the value of your home.Most importantly, buyers have eyes. They've been in every home that meets their criteria, and they compare your home to every other home they see. If your home is overpriced compared to other homes on the market, they will know immediately. The key to getting the most money out of your home sale is to price it competitively from the start. The quicker a home sells, the more money the seller nets. The longer it stays on the market, the less money a seller nets. The first question a buyer invariably asks a listing agent is, “How long has the house been on the market?” This is because they intuitively know the longer the house has been on the market, the less worth it has. If you want to make more money on the sale of your home, bite the bullet and price it competitively. You can't change the current market value of your home, so act accordingly. If you have any questions about selling your home in the spring market, don't hesitate to reach out to us. We'd be happy to help you.
I'm back with Patricia Ebrahimi from Show Smart Staging for part two of “The Benefits of Home Staging.” Buying a D.C. Metro home? Get a full home search Selling your D.C. Metro home? Get a free Home Price EvaluationWelcome back for part two of our staging series. Today, Patricia Ebrahimi from Show Smart Staging and I will go over the final things you need to know about staging your home for sale. When your home is staged it sells faster and you don't incur any extra costs from having it on the market longer. For example, some of Patricia's clients had their unstaged home on the market for six months, which means they were still paying for lawn care, insurance, and the mortgage. On average, staging costs about 1% of the list price if the home is vacant. Occupied staging is different in that Patricia has to see the home and see what she needs to bring in and how much of the owner's things are usable for staging. There are many variables that go into occupied staging, so it does require an initial consultation. Vacant key room staging is the process of giving every room in the home a use and highlighting the usefulness of already established rooms like the master suite or the kitchen. The goal is to get fabulous and enticing online photos. The goal is to get fabulous and enticing online photos.The return on investment for staging is incredible. The cost of having to keep your home on the market longer or having to reduce the price is far more than the cost of staging. In fact, staging is going to get you a better return than painting, floor stripping, or any other typical upgrades. More than anything else, you want to make the home look attractive, and staging will certainly do that. The actual process of staging a home usually takes an afternoon. From the time Patricia sees a home until the time she is ready to begin staging, it usually takes about 72 hours. In today's market, staging is the thing to do to get your home market ready. If you have any questions for Patricia, you can give her a call at (757-619-9789). As always, if you are looking to buy or sell a home, or if you have any other real estate questions, feel free to give me a call or send me an email. I look forward to hearing from you!
Just how important is staging your home when it comes time to sell? I'm joined by professional stager Patricia Ebrahimi from Show Smart Staging to help me explain.Buying a D.C. Metro home? Get a full home search Selling your D.C. Metro home? Get a free Home Price EvaluationI'm happy to be joined today by Patricia Ebrahimi with Show Smart Staging for the first of a two-part series about home staging. So why would a Realtor hire a stager? As Patricia says, Realtors simply get better and faster sales when they stage their listings because it creates wonderful photos that bring traffic to a home. The benefit is the same for homeowners; hiring a stager will help their home sell fast for top dollar. We all like that!The first step in staging your home is getting a ‘divorce,' Patricia jokes. When you sell your house, you turn it into a product for sale. Since people get so emotionally connected to their home, you need to divorce yourself from the house and turn the emotion around so that the buyer becomes emotionally connected and finds the house irresistible. Buyers want what they see on HGTV and in furniture stores because we're a display-oriented society. Over 90% of buyers look at homes online first to choose which homes they want to see in person, and the homes they want to see are always the ones with great photographs that are merchandised. Contrary to what you may have heard, staging is not just another term for interior design. In fact, it's the total opposite, Patricia says. Patricia—a certified interior designer—says being an interior designer means helping someone understand what they like and helping them get it. Staging, on the other hand, aims to neutralize the house to the extent of appealing to the widest array of potential buyers whether you as a homeowner like it or not. This goes back to what Patricia said about divorcing your home. When you get ready to sell, it's not your house anymore, so you have to back off and let it show in a way that buyers want to see. Staging makes your home irresistible to buyers.By and large, home sellers pay for staging because they're the ones seeing about 94% of the proceeds of the home sale. There are exceptions, Patricia says, but most of the time, the seller pays. The good part that many people don't realize is that staging is a tax deduction as a selling expense. If a Realtor pays for the staging, it becomes a marketing expense, not a tax write-off. Stay tuned for the second portion of our series on home staging. If you have any questions about staging your home or you're thinking about selling your house in the D.C. area, give me a call or send me an email. I'd be happy to help you!
What are the 10 Commandments of buying a home? I'll go over each one today in order to help you avoid making a costly mistake. Buying a D.C. Metro home? Get a full home search Selling your D.C. Metro home? Get a free Home Price EvaluationWhen buyers get a loan for a home, they often take certain things for granted and make a costly mistake. However, if you want to successfully purchase a home, you need to follow these 10 Commandments: Thou shalt not change jobs or become self-employed. Thou shalt not buy a car, van, or truck unless you plan on living in it. Thou shalt not use credit cards or let payments fall behind. Thou shalt not spend the money you have saved for your down payment. Thou shalt not buy furniture before you buy your house. You can go look for furniture but don't buy anything yet. Do not buy furniture before you buy your house.Thou shalt not originate any new credit inquiries on your credit report. Thou shalt not make any large deposits or withdrawals in your bank account. You might not think it makes a difference if you make a big $10,000 cash deposit, but your lender will want to know exactly where it came from and you'll need a paper trail. Thou shalt not change banks. Thou shalt not co-sign for anyone. They will check your credit right before you go to settlement. Thou shalt not purchase anything until way after closing. These may sound a little silly to you, but every last one of them is the gospel truth. If you have any other questions about the home buying process or real estate in general, give me a call or send me an email. I would be happy to help you!
Today we're back with more tips on how to prevent your home from being damaged by winter weather. Buying a D.C. Metro home? Get a full home search Selling your D.C. Metro home? Get a free Home Price EvaluationWelcome to part two of our series on how to protect your home during the winter months. If you missed part one, click here to get caught up. Today, Tony Campanella joins us once more to give some advice on how to make sure cold weather doesn't adversely affect your home. Water damage is a constant danger that houses face, and during the winter, this danger takes the form of ice damming. Ice damming occurs through the entire system of the exterior of our roofs. As ice thaws out, it goes behind the gutter and into the wood board that supports the gutter system. That water then runs down the length of either the roof trusses or the floor joists in your home, depending on how the gutter system is built. This creates damage on the interior of your home along the drywall where the downspout and the gutters are attached to the property.You can prevent this from happening by keeping your gutters clear of any debris. You want to do this not just for the sake of ice damming, but for any potential water accumulation. If your gutters are clogged, debris will overflow toward the downspout. If the hole of your downspout is clogged, the whole system won't work. Any accumulated moisture will have nowhere to go. In addition to keeping your gutters clear of debris, another important thing to do is channel the water coming down from the downspout at least eight to 12 feet away from the perimeter of your home. Keep your gutters clean and clear.Snow accumulation atop your roof is another potential problem winter poses. Roofs in our area are engineered to withstand roughly 150 pounds of weight per square foot, so you shouldn't have much of an issue unless you have a flatter roof. If this is the case, you may want to use a broom or a roof rake to sweep that snow off. Carbon monoxide-related disasters are another danger to take seriously. Nowadays, you can buy carbon monoxide detectors that can plug into any outlet for roughly $50. If you have a gas furnace, make sure you place your carbon monoxide detector in that area, because that would be the first place to detect an incomplete combustion. One more useful tip is to change your air filters on your furnace and replace the batteries in your smoke detectors once every three months. You can never be too careful, and this kind of schedule is a good system to have in place. If you need any more advice or information from Tony, you can call him at (301) 437-9229 or email him at tonycampanella@gmail.com. If you have any questions for me, feel free to give me a call or send me an email. I'd be happy to help!
I'm here with Tony Campanella for part one of our two-part “How to prepare your home for winter” series. Today, we're talking about how to prevent burst pipes. Buying a D.C. Metro home? Get a full home search Selling your D.C. Metro home? Get a free Home Price EvaluationI am looking forward to 2017, and I think it is going to be a fantastic year for real estate. However, heading into 2017, it's going to start getting really chilly at night. It won't be long before we have ice and snow, and people need to know how to properly prepare their homes for winter. So today, I'm here with Tony Campanella of Campanella Construction Company for part one of our two-part “How to prepare your home for winter” series to talk about the best ways you can prepare your home for winter. Tony has a lot of experience dealing with the aftermath that comes from improperly preparing your home for winter and has some tips to avoid those costly repairs. The most common winter-related issues are burst pipes. On the outside of your home is a hose bib which is attached to piping inside your home. The biggest mistake most people make as cold weather approaches is failing to disconnect the hose from the bib. You have to make sure that's the first thing you do. Next, you need to turn the internal valve off, which will typically be where your main water supply line comes into your home or inside an interior bib. There is going to be water left over in the pipe that leads to the exterior bib, so next you want to go back outside and open the exterior valve to drain out that excess water. Make sure to drain the excess water!There is actually a product on the market that makes this process go very smoothly. It's a freezeless wall faucet called a sillcock. When you shut the outside valve off using a sillcock, the interior valve gets shut off simultaneously. However, don't forget to let out that excess water! If you don't remember to drain your pipes, your pipes have a good chance of bursting. Burst pipes are so dangerous because you won't know they have burst until after the water thaws and starts coming out of your pipes at a rate of five to seven gallons per minute. You could be looking at an enormous flood if a burst pipe goes undetected. If you have any further questions for Tony, you can reach him at (301-437-9229) or email him at tonycampanella56@gmail.com.Be on the lookout for part two in our series on how to prepare your home for winter. In the meantime, if you have any other questions, feel free to give us a call. We'd be happy to help.
A 1031 exchange allows you to transfer investment properties in a way that defers any capital gains taxes. Buying a D.C. Metro home? Get a full home search Selling your D.C. Metro home? Get a free Home Price EvaluationToday we're exploring the subject of 1031 exchanges and what you need to know about them. I decided that this was a topic for an expert, so I brought in Carol Calomiris, managing attorney with the law firm Calomiris & Calomiris and settlement attorney with the company Settlement Pros, to answer these questions.What is a 1031 exchange? Is it the same thing as a Starker exchange? The 1031 exchange (also called a “like-kind” exchange) and Starker exchanges are similar in the sense that they both involve the transferring of investment property in a way that defers any capital gains taxes. The 1031 exchange can be between two or three parties. The Starker exchange, on the other hand, is between three parties, where you have an additional intermediary between the two parties that are exchanging the property. Like-kind generally means the same character of property. In this case, it's real estate for real estate. You can also sell a business and buy another business, but our scenarios would involve unimproved land being exchanged for a commercial building, or a condominium rental being exchanged for a single-family home Is there a certain window of time to make the exchange? Yes. In order to qualify for the deferred capital gains tax, you would need to sell your property, and from the date of closing, you would have 45 days to identify the property that you want to exchange. That means you would have to look for and actually list by address the property that you are going to purchase with your exchange funds within 45 days. You then have 180 days from closing, meaning an additional 135 days to close on that new property. Do you need a special kind of attorney to do the settlement? No. Any settlement company can do the closing for the sale of the property, but the important thing to know is that the seller doesn't take control of the funds. In other words, the net proceeds from the sale of the property must go to a third-party (or intermediary). That company holds the funds until you find your replacement property and settle on it. When you find that replacement property and go to settlement, the intermediary would then take the funds from the sale of the property and forward it to another closing company that would then close on the purchase of your new property.Any settlement company can do the closing for the sale of the property.Can you exchange two inexpensive properties for one expensive property? Yes. The complexity, however, lies within the timing. You want to make sure you sell both properties and purchase the new one within the timelines allowed by the IRS so that you can defer the capital gains tax. The whole point of a 1031 exchange is to defer into the future the payment of the tax on the appreciable asset. In addition to being an excellent attorney, Carol is also a wonderful counselor in all legal matters. If you need her help, you can call her at (202) 363-1870 or visit her website at www.settlementpros.com. If you have any questions for me or have another video topic in mind where I can bring in an expert to talk all about it, please feel free to shoot me an email or give me a call. I'd be happy to help!
I'm often asked about the state of our real estate market. Today, I wanted to answer that question and discuss where the market is headed.Buying a D.C. Metro home? Get a full home search Selling your D.C. Metro home? Get a free Home Price EvaluationOne of the questions I often get asked when people find out that I'm a real estate professional is, “How's the market?”It seems like an easy enough question to answer, but there are several questions I have to ask before I can even begin to do that. Some of these questions include:Where's your home located? Is it close to public transportation? What is the home's condition? When did you buy the home?Once I have the answers to these questions, I can give you my answer. In a general sense, though, we've been in an “up” market for a little over five years, and we're due for a little flattening out. This isn't bad news; it just means the market is stabilizing toward normalcy. What market you're in depends on your location.Another question I often get asked is, “Are we in a buyer's market or a seller's market?” Again, it depends primarily on location. If you live close to the D.C. metropolitan area, I would say you're in a seller's market. If you live 15 or more miles outside of this area, you're in a buyer's market. So, what does this mean to you as a buyer or seller? Buyers want the best house for the best price, so if you want your home sold quickly, make it the prettiest house for the best price.If you're thinking about buying or selling a home or have any other real estate questions, give me a call or send me an email. I would be glad to help you in any way I can!
It is my great pleasure to welcome you to my new Youtube channel. Some of the things you can expect here are great seller tips, great buyer tips, and market updates. I want this page to be a resource for all of your real estate needs. If you'd like to know more about any specific topic, just let me know and I'll make a video out of it. Until then, feel free to look around and browse. I'll see you soon!