Posts

A first step an investor should take

I've been keen in real home for years... but two things happened in the last 1.5 years that finally got me distressing upon my investments. I'm going to give you insights on how to find someone who will buy your inherited house in Chattanooga, TN fast for money. 1. I had my daughter in March 2016. No one told me how much that would modify my position upon life! (Actually, everyone told me... but it's one of those things you just don't get until you experience it yourself.) 2. I found BiggerPockets in February 2017. The loads of opinion armed me to quickly produce a result toward buying my first 4-family rental property in June 2017. You can edit more very nearly that here:  "Closed upon my first 4-family - the numbers and how I got there" These two actions took me from occasionally daydreaming very nearly how frosty it would be to accomplish financial forgiveness through real estate, to finally getting the wheels in motion. In the six months back I start...

What scent should your house be to have the best chance to sell it?

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You might have read that heading and been like, "What in the world? I have to see what this is about because that's a freaking weird topic." I promise, it makes sense!! Real Estate agents have a particular way to con people into thinking the home is worth more than it actually is by doing some small little things that actually most people wouldn't even think of! One of them is by the way the house smells. I know it's insane, but it's true! If you're wondering how you can sell your house faster for cash in Cordova, TN then keep reading because I'm gonna rock your world! So there was a study done in 2016 by Harvard university, if Harvard is involved you know it's going to be legit. The study was about what smelling home sold for the most money in the same area. They tested your typical citrus, pine, lemon and other candle smells. Then they tried some unique smelling ones like fresh baked chocolate chip cookies and pizza and other foods. They trie...

Where can I buy a cheap fixer upper?

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The real estate market has been flooded with the term "fixer upper" after HGTV coined the term, making it almost a house hold vocabulary word that when said people know exactly what you're talking about. It's quite impressive honestly that one channel can have that much influence on the housing market. HGTV turned it into a business and a way for people to make money, but there truly are the type of people out there that want to buy a trashed house to fix it up and live in it with their family. It makes things harder and harder for types of people to find a good deal because of what HGTV really did to the real estate market. Here's how you find those fixer uppers that aren't on Zillow or Realtor: You need to Google, " Where can I sell my house fast in Chattanooga, TN ." When you do that, it will pull up a list of websites of wholesalers that they wholesale properties from owners to buyers, creating money for them in the middle of the spread....

Should I rent my inherited home?

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This is the sad part of humanity, but every day millions of people die who are young, old and in between. It is a sad part of our world, but it is just how things work, even though we all wish it didn't have to be that way. But the good news is, millions of babies are brought into the world, even more than those who die, so that's the one good news nugget we have! So back to real estate, when someone passes away, they leave their belongings in a will, and typically their home is a part of what they leave behind. What happens when you inherit a house? Should I sell my inherited home in Nashville, TN? Keep reading to find out what I think you should do. You have a couple options: you could rent the house or you could sell the house with a realtor and deal with the hassles and commissions and fees associated with that type of sale. You can lose thousands of dollars selling with a realtor, but you also have to face the hassles of renting the house. You have to screen tenants...

Can I sell my house on Craigslist?

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Everyone wants to find the next big thing out there to become the next Apple or Google or Microsoft or Facebook, but it's extremely hard to find that next big thing because it takes trial and error. Failure after failure, which weeds out the people who aren't nearly as persistent as those who ultimately succeed. Real Estate is the same that it takes trial and error to see what truly works. I have been in real estate for over 40 years, so I have seen and been asked about what works and what doesn't. The new fad in the real estate business is trying to sell the house your house online, which sometimes does work for some individuals who know how to find the right people to buy their house. A recent invention called Craigslist allows people to buy and sell toys, electronics, houses, cars, tools, and tons of things that you wouldn't even think could be sellable! It is a great website to find deals for tons of household items or a new car or electronics. But can you sel...

How can I take equity from my house?

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Every day in America there are thousands of houses that are bought and sold, especially in the Tennessee region of the US because it is just a crazy hot market to be in right now. Every buyer who buys these houses puts a down payment down on the house of typically 10-20% of the purchase price, allowing the mortgage company to give them a loan. When you put that down payment down, you instantly accrue equity in that house you just closed on. What if hard times come, you or a loved one gets ill or something happens that you need quick cash. Where can you get that money from? It's quite simple: the equity in your house! If you need to cash out the equity in your house in Tennessee keep on reading! There are many ways you can gain equity. One way is to pay off your mortgage. Every mortgage payment you gain more and more equity in your house, which means the more money you can take out if you ever needed the money. So equity also depends on the market you're located in. If t...

What's the cheapest way to rehab my house?

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There was a list of the top 10 fastest growing cities in the United States of America, and it's incredible to see the type of growth happening in those areas. On a side note, five of the 10 cities were in Texas. I thought that was interesting. Any way, where do all these people that flock into these areas live at? They have to find a place to live otherwise they wouldn't be moving there. So companies are buying acres and building brand new homes . Every home out there was once brand new, but over time, things begin to break or not work the same, which cause you to have to spend money to repair things. If repairs are overwhelming you, search sell your old house fast in Chattanooga because you can find people who will buy it! When you have to repair your house, it can get pricey. So what are some ways we can save money when we repair our house ?  That's a link to great article from ABC News on how to, but I'll give you some of my personal tips that I've used for o...