You see them in almost every neighborhood, but did you realize that trees are a great way to raise the value of your home? According to a diagram presented by the arbor day foundation, trees can increase the value of your property by up to 15%. That's a big shift! If you owned a home that is...
This project took a few years and included ripping out a chimney that went from the basement to the roof, which became unnecessary when I put a new furnace in the house. The hardwood flooring is original maple and was carpeted over. The kitchen floor is new as there was no wood floor originally in the kitchen. A large...
Today I have the privilege to share with you an interview with Ronnie Adams from Real Estate Guide 2 Success. Ronnie is a former school teacher turned successful real estate investor. Through hard work and perseverance, Ronnie now enjoys the benefits of financial freedom. His story is one that should inspire first time investors and entrepreneurs...
Although the 2010 New York gubernatorial race is over, some of us may still be experiencing rent that's simply "too damn high." Since Jimmy McMillan and his promise to allow New Yorkers to "marry a shoe," are a distant memory, our pocketbooks are probably still bleeding. So with the rent still at astronomical levels I thought I'd...
Here's the scenario: You can easily pay your mortgage, there is nothing physically wrong with your house, but you're walking away. What gives? In a recent 60 minutes clip I learned of a new trend in which Americans are simply "walking away" from their mortgage commitments. Why? They're doing this because the values of their properties have...
This is a property I purchased in 2015 and simply haven't had time to complete, but will be working on in 2017. I'll begin to track my budget and eventually return on investment as I begin to focus on this project more in the summer of 2017. Until then, here are some current before pictures along with...
Is now the best time to buy a house since the great depression? I think so, and after reading through this article I think you may also side on the fact that now is an amazing time to get into home ownership. 2012 has the potential to be the best year for buying a house in over...
"It's a lot easier to find something when you know what you're looking for." I'm constantly checking real estate listing websites for deals. Although they're a lot harder to find than during the great recession they're still out there and it only takes one to make you tens or even hundreds of thousands of dollars, because as any good...
According to CNN Money, the most expensive housing market in the USA is... drum roll please... HONOLULU! I can attest Honolulu, is VERY expensive, but it is possible to live there cheaply if you do it right. Heck, I lived in Honolulu for about $1,000 a month, but it's not for everyone. If you're focused enough on achieving financial freedom in...
Calculating real estate values can be as simple as 1, 2, 3! There are three ways appraisers go about determining the fair market value of income producing property. These three approaches are: Income Approach Market Data / Comparable Sales Approach Cost / Replacement Value Approach Each of the models is unique and take a completely different viewpoint. You'll notice that I also used two...