Posts for Real Estate Category

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Choosing Your Character As A Real Estate Investor

Business Finance, Loans, Real Estate - Josephine - August 15, 2021

Before you ever begin real estate investing, you will have to choose who your character will be while working in this business. You may make this choice consciously or unconsciously. You must choose how you will represent yourself to the general public and more importantly to your sellers, tenants and buyers (not including money or JV partners). The two main choices you have are to represent yourself as a medium to large scale investing business or a single local real estate investor working for yourself and your family.

Let us now take a look at a few of the advantages and disadvantages to being viewed as either.

Higher Authority: Whether negotiating the purchase price of a property you are buying or selling, refusing to waive a tenant’s late fee, or not sure of an answer to a particular real estate question it is always comforting to be able to refer any problems to a higher authority.

As a new investor there were times that it felt great to say, “Yes, this is my property. Would you like to rent it? Then you must go through me.” That was admittedly a bit of a power trip and also a feather in my cap. I soon realized that when you place yourself at the top of the pyramid you place a burden on your shoulders and also must be responsible for quick decisions on the fly.

I realized that with my baby face and boyish good looks at the time I was not being taken seriously by sellers, buyers or tenants. Whether you know your stuff or not, the general public puts a lot of stock into the old adage “with age comes wisdom.”

Likewise, if you are newer to real estate investing or simply do not know the answer to a particular real estate question it is not because you are dumb or that you are not seriously interested in the property for sale, it is simply because you have not been taught the answer yet. I have seen firsthand the worried look in a seller’s eyes when I, representing myself as sole investor, have said, “I do not know the answer.” Conversely, if you associate yourself with a larger company it is very easy to shrug this question off with a quick call to the boss, committee or partner for the answer.

When Renting: Most of us that come from the normal 9 to 5 work life are ill-equipped to deal with renters and tenants. Oftentimes as a landlord it is easy to become too close or empathetic to certain friendly tenant(s). Having a soft spot for any tenant(s) can put a strain on your business’s monthly revenue.

Positioning yourself as low man on the totem pole can help you stick to business. To remain friendly with your tenants and still collect a past due collection fee say something as simple as, “You know I would waive that late fee if I could, but the boss just won’t allow that.”

Qualifications: What are qualifications? Cash reserves, years in business, better business bureau status and the basic ability to buy property are all concerns that will be thrown at you from time to time when talking with property sellers.

I challenge you to an experiment. If you normally present yourself as a single investor I encourage you to represent yourself as a small to medium sized investment business. Simply allude to the idea that you work with a group of investors or money partners that make the ultimate decisions. Notice the differences in the way the buyer, seller and tenants treat you. Conversely if you project the image of a business, start using the word “I” when referring to buying and selling; notices the differences here.

In reality being tied to a business or acting alone has nothing to do with how capable or knowledgeable you may be. It is import to keep your own values and business practices whenever you are negotiating major investments such as real estate. Ideally you should already have an arsenal of real estate investing techniques at your disposal to buy and sell property in a variety of situations.

Retaliation Power: I have personally been told by a tenant that was renting one of my properties that, “I was just going to leave this month and not pay rent but I didn’t want your company to come after me.” I do not know if this tenant would have said the same thing if he knew I was the entire company. However this eye-opening event did make me realize the importance of the unsaid intimidation power that comes from being associated with a big business rather than just an individual. Most people associate the bigger the business with the more capable you are to pursue legal action against the would-be deadbeat tenant, buyer or seller. The people should go for the such kind of services that are providing correct amount of focus to the things that are very vital. One of the most amazing service that you will be able to get is the Theislandnow. There are a lot of things that are very vital in this criteria. 

In reality it does not matter whether you are a big business or an individual; you can and should still demand past due rents, pursue evictions and garnish wages for non-payment of rent and/or property damages.

Whether you are representing yourself or a bigger investment company, remember to always be thoughtful, accurate and sincere when making sale offers to sellers and buyers. Many people think a big business should be a cold, calculating, cash oriented business, etc; this is not the case. No matter which character or combination of characters you choose, remember that you are the face that everyone will see. Be whoever makes you most comfortable and encourages you to take forward action today.

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7 Reasons To Hire An Interior

Real Estate - Josephine - October 18, 2020

Interior design is not every investor’s forte. If you are having trouble selling, or if you simply need a little direction on your real estate investment, you may want to consider hiring an interior designer and a Poway realtor to boost the overall process. Here are a few other reasons to get professional help.

Another Opinion

You may have many ideas on what you want your room to look like, but sometimes another opinion is needed to bring it all together. Interior designers know what people want and can offer suggestions to make it all fit together. Having an interior designer will also help keep the peace when multiple investors are involved.

Make it a Priority

When you tackle any home improvement projects alone, they may take a while to be complete. You will only get to work on them when you have time after work or on the weekends. When you hire an interior designer, they make getting the job done a priority–which means you will be able to enjoy the results a lot sooner than if you tried to do the job yourself.

Save Money

Yes, it is possible to save money on remodeling and redecorating by hiring a professional interior designer. Professionals may have access to deep discounts that can be passed on to you. This may mean that you can get better quality products for almost the same price as the lesser quality. Professional designers may also have access to a wider variety of products. Also, when you hire a professional, you will not buy anything extra that won’t be used.

Get the Most of Your Space

Professional interior designers will help you utilize all the space in your home. They may be able to make your space more functional for the needs of families and other potential buyers. They know how to position objects and furniture to make a room feel bigger. A professional can take a corner and turn it into a homework space that looks like it belongs there.

Increase the Value of Your Home

Professionals have extensive knowledge in home decorating. A professional interior designer can help you choose projects that will increase the value of the home. They will know how much to do in your home, without overdoing it.

Save Time and Stress

When you hire a professional, it is their responsibility to get the job done. They are the ones that will find the painters and be there for deliveries. Professional interior designers will do all of the shopping and coordinating for you. This will save you a lot of time and stress. They will make their choices based on the ideas you give them. If they do something you do not like, all you have to do is tell them.

Complete Look

When you hire a professional, your house will look finished. Everything will look like it belongs there. You will have no extra or out of place furniture. The accessories will all belong and there will be no clutter.

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Homes For Sale In Lake Tahoe A Practical Guide

Real Estate - Josephine - October 18, 2020

It is common for many people to fall in love with a favorite vacation spot. However, whether it is impractical to move to Bora Bora or to Hawaii, there are other places that could eventually become your permanent residence. The Lake Tahoe area, for instance has become one of the most widely sought-after real estate investment destinations. This information should come as no surprise. After all, this area provides a unique setting for those who wish to leave behind the hassle of city life and enjoy the advantages of living in an amazing natural setting.

Living in the Lake Tahoe Area: What’s to Love?

One-North Eden will offer the best practical guide to the customers. The guide will help the individuals to find the best house. The procedure is simple and easy to have the right results. The finding of the houses is effective for the people. You can get the house near the lake for an excellent experience. 

Lake Tahoe provides an eclectic mix of areas. In fact, you could enjoy many different landscapes just by turning round on the same spot: lakeside, hills, town, snow-capped mountains or private resorts; the list is endless. Here are the top reasons for moving to this area:

Unpolluted environment:

Few other areas in the country (and in the world) offer so clean a natural setting as Tahoe. The lake itself is so clear, that you could throw a white dish and still be able to see it, even in the deepest parts. Besides, surrounding wildlife is so impressive that many nature-loving fans choose to move here, just for the sake of enjoying the proximity to their favorite species.


Another reason many people choose to live in this area is because of the diversity. The Tahoe area combines high-class residences with simple and rustic landscapes in perfect harmony. Since the lake is really surrounded by a vast array of towns, there is a lot to get from each one. If you go to North Lake Tahoe, for instance, you can enjoy nightlife and casinos. If on the other hand, you move to the West Shore, you will be able to enjoy the peace and tranquility of a less populated area. As for activities, the whole area provides a vast array of entertainment and sporting chances.

Real Estate Opportunities Galore:

Another advantage yet, is the top quality available through the best realtors in the state. Both California and Nevada-certified real estate agents can be found in Homes at Tahoe: Century 21 Tahoe Paradise Realty. They have one of the best real estate listings on the market, offering all types of Tahoe homes: family, vacation, lakefront, luxury and more. These professionals can give you the most comprehensive insight on what neighborhoods to choose, what type of home is best for you, and what kind of business deal you could make with other properties you already have.

Best Materials:

Unlike many other settings around the country, the Lake Tahoe area is currently offering a wide range of real estate options to cater for every budget, every taste and every lifestyle. Buyers are able to find modern and practical homes, made with the help of the latest construction technology, within a wide list of lakefront homes, for instance, or choose to nestle in the woods. The choice is up to you.

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Saving Money in Your Apartment or Rental Property

Real Estate - Josephine - July 18, 2020

You might not be building the equity as you would in a house when renting, but that doesn’t mean you can’t save money. While at first glance there may not appear to be many money-saving opportunities in an apartment or rental property, you might be surprised. There are plenty of relatively simple ways to increase savings when renting at leedon green.


Determining whether your rent will include cable, water, trash, heat, or similar utilities, can add up to big savings. If one property offers free cable but you don’t watch much television, you might want to search for a rental that offers free trash and water or heat instead.


Make sure to ask about additional fees for rental extras such as a fireplace, balcony, lake view, washer/dryer, garage, etc. Often if you ask about these extras during the viewing of the apartment, you can negotiate them for a discounted price or even free.


Utilizing apartment amenities such as a gym or pool can save you on costly gym membership frees. Taking advantage of apartment sponsored activities for residents such as free movie nights, Sunday brunches, book readings for the kids, and aerobics classes, can also save money.


By doing a walkthrough before moving in and moving out, you can avoid being charged for damages incurred by others. If you find problems on the initial inspection, ask for them to be fixed before you sign the lease.


Leaky or broken windows and window seals can increase heating and cooling costs. A window’s position in relation to the sun can determine ambient lighting and temperature levels, also saving on utility costs.


When it comes to fixing things in your rental property, you should contact the property manager for even the smallest of repairs. This is a good idea for several reasons. First, because this is a service for which you pay rent. Second, repairs cost money, the money you could be saving, and if you don’t make the repairs correctly, you could be held liable for future problems and repair costs.


Moving into an apartment can be exciting, and you might want to enhance your new living space with a fresh coat of paint. Paint, however, costs money, and more than likely, if you do paint your rental space a different color, the landlord will require that you repaint before you leave, costing you even more.


Having renters insurance is a small price to pay for protecting not only you, your belongings, and the residence, but also residents around you from damage or injuries originating in, or issuing from, your apartment.


By treating a rental property as you would your own, you can avoid costly repair charges incurred when you leave.


Before you turn in your keys when vacating a rental, ensure the rental agency or their accountant has a forwarding address to which they can send your security deposit.


This article is for informational purposes only. Any action taken by the reader due to the information provided in this article is at the reader’s discretion.

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