Buyers are Savvy to the Quickie Flip and Can Spot an Overpriced House Since early 2000’s, the flipping industry grew from a cottage concept into a large segment of real estate transactions. Everything from basic paint jobs to full blown large structural renovations of properties. And buyers have fallen in love with the homes that […]
Author Archives: George Herchenroether
Simple Rule for First Time Rental Investment
Basic rule to determine cash flow on a rental investment Thinking of buying a rental property? Single family home or a multi-family, there is a simple rule that will help you determine if the property is worth considering. This rule is especially effective for first time investors. Keep in mind, the rule only works (effectively […]
Selling a Home As-Is
For many buyers and sellers, there is a great misunderstanding about what it means when selling a home as-is. Before I go any further, it is important to understand that the “as-is” reference is for marketing purposes only. The purpose of the label is simply to convey to the public that the price reflects some […]
Sellers Retreat from the Housing Market
I get questions like this a lot. Why isn’t inventory picking up more? Aren’t home prices coming down? Where are the sellers now? In short, sellers are just as unsure about what to sell a house for as buyers are unsure about affording one. For this reason, and others, sellers continue to retreat from the […]
Affordability of Real Estate and Home Ownership
Home ownership has been a big part of the ‘American Dream’ slogan since (at least) the 1950’s. And for many, it is a dream they continue to chase. The pandemic that started late in 2019 and blossomed in 2020 into a global nightmare took the discussion of home ownership and brought it front and center. […]
Bungalow house renovation, new stair design
We purchased this bungalow house with a plan for a full renovation. This accounted for every room in the house from basement to attic bedroom. But, the most important aspect of the project was the kitchen and attic (bedroom) access. In order to gain more functional space with a compelling kitchen design, we needed a […]