Sunday, July 23, 2017
Building a nest egg is important to building your wealth. There is no better way to do it except through real estate. I have helped 100's of people do just that through real estate investments and buying their home.
Saturday, July 22, 2017
This week has been busy and in the real estate world. Have 4 homes closing in the next two weeks and had to get everything set up for the updates.
The home in Chagrin Falls that is closing next week , we ordered their new kitchen cabinets. We have a great cabinet resource that has the soft close cabinets that fit peoples budget. My buyer is getting excited to move into their home. My company also sends them their utility phone numbers to get everything switched over. The contractor will be doing the kitchen and a ton of other rehabbing in this home.
The property we are getting in Hudson is also getting ready to close 2 weeks. The walk out basement will turned into a suite complete with a new bathroom and kitchen. This family has parents that need a place to stay and they also need their privacy. This home is set up perfectly for just that, whether they want to stroll around the lake or shot a round on the links. My clients also have a community pool that is available to cool off with.
Home in North Olmsted is also ready to close in the next two weeks, I received the receipt on the repairs and we will be going over to the home to look at the repairs in our walk through before closing.
All these homes have warranties that are renewable yearly and I give them to my clients at no cost. My clients have the extra assurance that their new home will be stress free and fun to live in while their equity grows.
Need a Realtor that has a one stop shop for services? Need a Realtor that gets real estate done? Call Brett 216-703-5740 Century 21 Premiere and 602-363-6551 EXP Realty and Playa Azul
Enjoy this weeks videos
Friday, July 21, 2017
Thursday, July 20, 2017
This article comes from https://www.nar.realtor/ by Cole Henry that talks about the American home buyers and that Real Estate is a good investment.
"“Despite the growing concern over affordable housing, this survey makes it clear that a strong majority still believe in homeownership and aspire to own a home of their own. Building equity, wanting a stable and safe environment, and having the freedom to choose their neighborhood remain the top reasons to own a home,” says NAR president William E. Brown, a second-generation Realtor® from Alamo, California and founder of Investment Properties."
Building equity is building wealth, basically if you own a home your living in a asset. I recently went back and looked at some of last year sales and the homes I sold were up $40k-$50K in equity. Say you have a $250,000 dollar home you purchase and the down payment is around 5%. That is a $12,500 down payment plus closing cost would be another $2000 lets say. That is $14,500 down payment. If purchased in the right location that home will grow in equity and that $14,500 would grow to $40k+ with the current market conditions within 24 months.
The reason Real Estate should keep growing in equity is the lack of inventory. Remember in 2008 when all the new homes just stopped? All those subdivisions looked like ghost towns with fences around them. They didn't start building medium priced home until this year 2017. That is basically nine years of no medium priced homes being build. It will take a while to build enough new homes to cover 9 years.
" Eight out of 10 believe that the most important financial reason to own a home is that the money spent on housing goes towards building equity rather than to a property owner. Paying off a mortgage and owning a home by the time you retire is the next most important financial reason for buying a home followed by ownership being a good investment opportunity to build long-term wealth and increase net worth."
Lastly buying a home is the best way to create a nest egg for you and your family. That is how a lot of actors keep their fortunes growing through real estate. If you read a lot of real estate news you see actors and sports figures selling their homes for millions. I just saw a Tech exec selling his home for $18.3 Million dollars, a fashion designer selling her condo fro $5.5 million dollars, and Chris Rock is selling his Brooklyn apartment for $3.25 Million dollars. They all invest in real estate to live and make the fortune grow.
Getting the right Real Estate for your portfolio is key to having the best equity growth. My finger is always on the pulse of the areas I represent. Need real estate in Cleveland Metro or Phoenix Metro and Mexico? Call Brett 216-703-5740 Century 21 Premiere and 602-363-6551 EXP Realty and Playa Azul.
Wednesday, July 19, 2017
Join our new Meetup Group to connect and network with Real Estate professionals MeetUp/ we will be meeting monthly to discuss Real Estate.
I wanted to set up this group to discuss the ins and outs of all aspects having to do before purchasing a home or investment. We will be having guest speakers that will be there to create a learning environment and more knowledge about real estate.
Want to know how to market, find, sale, where to find homes, buying Hud homes, bank Foreclosures, Neighborhoods, and do much more. Come and network with real estate professionals and people just wanting to get more information.
There will be some food and fun. Get to know the local real estate community and how it can benefit you.
The first meetup will have an exciting speaker and will be educational. Wanting to know how to remodel a home? Want to know where the hottest cities are to purchase homes in? Want to know what the trends and states look like in your local market? The best places to dine? Come and check out or new meetup.
Click here to join
Come out and network,learn about real estate and have fun. Call Brett 216-703-5740 Century 21 Premiere if you have any questions
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