I tell all my investor clients to keep all their rentals in updated, like-new, condition. This is because your place looks better which attracts more applicants which allows you to choose a better tenant who will stay longer and pay you higher rent.
Unfortunately, I didn't follow my own advice and it's ended up costing me $9,000
So they’ll drive around the area on a Sunday and they notice that while there are some lovely older homes with lots of character, it’s a little rough around the edges and and the neighbors aren't all wearing croakies and visors.
But a few years later they’ll come back, they take selfies and get the requisite numbers of Instagram likes that convince them that they can live here now.
Recently I’ve been writing about new construction and why I think for most homebuyers it is the best option to go for.
Today I’m going to talk about a big mistake a client of mine made when buying a new home and how it cost him $20,000. You’ll see what you can learn from this and how to avoid making a similar mistake
Since buying my first investment property in Mt Pleasant at age 23, I've been a landlord in Charleston nearly 20 years now. I am very proud to say that I have never had a single day of vacancy in any of my properties. Really, not a single day and I've owned up to eight properties at one time, so I consider myself an expert in that side of the real estate world. These are tips I give to my clients who want to become landlords.
I blame it on HGTV, people are used to seeing all these stunning homes on HGTV with all the modern updates and they want them for themselves. Old is out, new is in.
Here are 12 reasons I tell my clients why they should buy a new construction home.
They must be convincing because 75% of my buyers do end up building a home rather than buying a resale.
LIST WHEN IT’S COLD TO GET IT SOLD.
Sam Seller called me and asked me to come take a look at his IOP house and discuss possibly listing it for sale for him. He had a short window in which to sell it so listing it at the optimal time was critical.
This post is a look at how I analyze when is the best time to list a property
