Bentonite will expand when exposed to water. This expansion can cause cracking in the foundations of homes. A lot of times the expansion goes unnoticed, except, that is, to the trained eye. In some cases, however, the untrained eye picks up. This was in the basement floor of a home i showed a few years ago. Of course it spurred on a conversation with my buyers and of course they did not buy this home.
Do your real Estate Income homework - doors to wealth
You are moving out of it, right? I mean, i guess if wedding you were staying in the home you just sold and that new buyer is moving in with you you may want to consider this sort of thing. But I have been selling homes now for 26 years and I havent had that scenario play out with any of my sellers or buyers. Sellers move out and buyers move in and after that, never the tween shall meet again! So, hey some lady in some state, lighten up, and open up your buyer pool. Youll thank your realtor for suggesting. Want more info and advice on selling or buying a home go here! Posted in, colorado, home buying, home selling, homework, housing, quickie, real estate, realtor, playwriting realty, uncategorized, tagged advice, blog, buying, condos, denver, economy, finance, home, home ownership, homes, homework, house for sale, housing, housing market, market, market news, news, politics, professionals, real Estate, realtor, realty, sale. As a realtor it can be difficult to describe what can go wrong with the structure of a home. Certain homes are constructed incorrectly or on land that has issues with the soil making it susceptible to structural problems in the future. One example of this is when a home is built on land that has a high concentration of Bentonite soil.
As a realtor, i would wonder why would anyone limit who could buy their home? I am not going to reveal which side i am on healthy when it comes to politics, (thats a topic for another time and place) but I will tell you that as a seller, you should try to expand your buyer pool, not limit. That goes for all walks of life. Discrimination is not acceptable, obviously it is wrong to discriminate based on race, creed, religion, sex, and on and. But there is no mention, as far as i know, that you cannot discriminate based on political views. But it is one of those. Just because you can, doesnt mean that you should types of deals. I hear it more than you can imagine from sellers that they want their home to bought by fill in whatever type you can imagine here or they just arent selling! It happens more than you think in this business, (that is also another topic for another time.) my point here is that, why does it matter who buys your home?
For tall windows, spondylolisthesis make sure you have a reliable ladder and a squeegee with a long handle — but for outside windows on a second or third story, consider hiring a professional. Window-cleaning companies have special equipment designed to handle more challenging window-cleaning situations. As with any home-maintenance or remodeling project, you can find a list of qualified professionals. And before hiring a company, always ask for and check references. HomeWork is the weekly column by the master builders Association of King and Snohomish counties Remodelers council about home care, repair friendship and improvements. If you have questions about home improvement, send them. Posted on, april 11, 2018 by, jeff Hansen, realtor in Colorado, recently i heard a news story about some woman in some state that has her home for sale and has made it very clear that she will not sell it to anyone that supports. I did not get all of the details and the details are not necessary. But it really got me thinking.
Then, with a damp sponge, wet the windowpane with your vinegar-and-water solution, rubbing away the dirt. Next, wet the rubber blade of a squeegee. A dry blade is apt to skip, but a damp blade will glide smoothly. Starting at an upper corner of the pane, draw the squeegee straight down the pane, wiping the blade with a sponge or lint-free cloth when you get to the bottom of the window. Repeat as you go across the width of the window, top to bottom, slightly overlapping. Once you have done the entire window, pull the squeegee across the bottom of the window and dry the sill. To clean wooden window frames, use a damp cloth and a gentle household cleaner that does not contain ammonia, which can be drying to the wood. Dry the frames with another clean cloth. Make sure that the cloths you are using have not been washed or dried with fabric softeners, which can leave a residue that can streak glass.
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Most read Business Stories, check the forecast. Even though it may sound counterintuitive, plan on cleaning season your windows on a cloudy day or a time during the day when the sun is not shining directly on your windows. Sunlight is apt to shine unevenly on window surfaces, and the hot rays from the sun can cause cleaning solutions to dry, which is often the cause of those irritating streaks. Create your own cleaning solution. There are myriad commercial products available, but many window-washing companies swear by a simple mixture of one part white vinegar to one part hot water. Vinegar contains no harmful chemicals, and youll save money.
Begin at the beginning. Your first step should be to clean the surface with a soft-bristle brush. Brush not only the windows but also the hinges, sills and tracks. This will clear away cobwebs and loose dirt from both the windows and frames. Its a good idea to wear rubber gloves to protect your hands, particularly if the frames are made of wood and may have splinters. Place an absorbent towel along the windowsill to catch any drips.
Every time a renter moves out and a new one moves in, it costs about two-and-a-half months' worth of rent - "whether in marketing, down time and/or repairs to the property mcLean said. The figure assumes that there isn't severe damage to the premises. Taking on too much, too soon. You may want to start small, perhaps with a duplex, to decide whether this type of investment works for you, lucier said. Also, don't go overboard on improvements. Major spending in areas that won't provide a decent rate of return on investment cuts into your bottom line, mcLean said.
Entering into a bad partnership, many investors partner with others to afford a purchase, but you'd better be comfortable with the arrangement, fisher said. Sometimes a partnership teams up a novice with a real estate professional who has knowledge of the business. Especially for the newcomer in this scenario, review a real estate investor's past performance before agreeing to work together. Q: How can I get my windows clean and streak-free? A: Theres nothing like a welcome stretch of bright sunny days to cast a spotlight on windows in need of a good cleaning. But for many of us, window washing is a dreaded chore, because it can be so hard to end up with bright, clear and streak-free windows. If you have been frustrated trying to clean your windows in the past, these window-washing tips may help to brighten your outlook.
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Some investors can profit by buying properties that need a little work. Properties that have positive cash flow without any required repairs may have other areas for improvement, which make mismanaged properties attractive investments, lucier said. Overlooking rules and regulations, rules abound in the housing sector, from federal fair housing regulations to laws that spell out how lead paint is to be disclosed. The fines for noncompliance can be hefty, so do your homework, mcLean said. Also, be aware house of a property's building code issues. Not screening for good tenants. Check tenants' credit and their employment to make sure they can afford the monthly payments. Also, the longer a tenant stays the better.
Deciding whether the property is affordable involves a little more homework. Budget every cost that population will be tacked on to the price, including closing costs and insurance. If the property is a fixer-upper, inspections should prove its structure is still sound; make sure to add improvement estimates into the equation, including a cushion for unforeseen extras. Just as important as having a plan to enter the market: having an exit strategy. Investors should estimate how long they expect to hold the asset, said Joseph Fisher, president of Indianapolis-based real Estate Investment Services Corp., which specializes in developing, leasing and managing investment real estate. And despite the income scheduled to hit the books each month, don't plan to keep every dime, said Lisa moren, an oakland, calif.-based real estate investor and author of "Real Estate Investing for The Utterly confused." Moren advises having an escrow account for required fixes. What to watch out for: overpaying for the property, good research is the key to avoiding this mistake. "you make your profit when you buy, in most cases, because you buy below market value lucier said.
real Estate Investor's Kit." Nine out of 10 people aren't suited for the business. And for an investor with a modestly sized piece of real estate, hiring a separate property manager can eat deeply into the bottom line, said Rebecca McLean, executive director of the national real Estate Investors Association. After all, income-producing real estate isn't just an investment — it's a small business. You'll want to tap the knowledge of a local real estate professional for help in finding and evaluating an investment property, mcLean said. It's best to contact a broker or realtor who works regularly with investors, she added. Alternately, it's possible to go it alone, but get ready to do some research. Location will always impact the value of any piece of real estate. In residential properties, the health of the local economy and school district are necessary considerations. Meaningful due diligence is also required on commercial properties; leases usually span longer than a year, and research on current tenants is a must.
There's also some inflation protection because as operating costs increase, rents can increase as well. The downside: Investment in real property — unless you're buying shares in a real estate investment trust — isn't as liquid as putting money into the stock market. And real estate markets are often cyclical in nature. In fact, those adverse to the risks involved with purchasing property may consider a reit instead to add real estate to their portfolios. A reit takes the management issue out of the equation, provides more liquidity, can spread risk geographically and also is income producing — reits, publicly traded companies that own and manage real estate, are required to pay out at least 90 of their taxable income. What to watch for: First, consider what kind of expertise you bring to the table. For example, contractors can renovate a property; lawyers might write up leases. "Everyone brings a certain amount of sweat equity said Kyle cascioli, an adjunct professor of real estate at the University of Denver's Burns School of real Estate and Construction Management.
Do a little homework before investing big bucks in those get-rich
Chicago (MarketWatch) — investing in real estate most likely won't produce the get-rich-quick results promised by many a late-night infomercial. But for investors willing to do some homework, make a good purchase and properly manage a piece of property, the rewards can be substantial. Various strategies can be used on the road to real estate wealth. In one, investors "flip" properties by buying a house, renovating it in short order and selling for a profit. In another, investors purchase the property with the intent to hold it for many years. A common approach is to purchase an income-producing property such as a single-family home, an apartment building, an office or retail building or farmland with the intent to rent the property or units within. By having tenants, investors benefit not only from any appreciation over time but also the rental cash flow.