A client asked me to find a house in Charleston with potential for price increase. I used four of my favorite real estate investment strategies to find her a house that had increased in price by 12% on the day she closed, this was in a period when the median price of houses only increased by 2% in Charleston County. This is how I beat the market by 10%
Yoga : Investing in Myself
Ignoring My Own Advice Cost me $9,000
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
Everyone wants a butterfly, so be smart and buy the caterpillar
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.
Lessons From 20 Years Of Buying New Construction Houses That Will Help You
It’s nearly twenty years since I scraped together enough money to buy my first brand new house. Since then I’ve bought plenty more for myself and represented countless clients who bought new construction.
Along the way, I’ve learned a lot about how to get the most out of the build process, how to get the best house for the least amount of money and how to reduce stress during the build, while avoiding costly mistakes.
How To Avoid Making A $20,000 Fridge Mistake When Buying a New home
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
How I've had 100% occupancy over 20 Years As a Landlord
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.
Why Your Next Home Should Be A New Construction House
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.
How to Simplify Whether To Refinance Down To One Number
The Search for The Holy Grail…. A GOOD CONTRACTOR IN CHARLESTON
Why Chilly February is the Best Month To List Your Beach House
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
What to expect in this blog & why you should read it
WHY I (FINALLY) STARTED A REAL ESTATE BLOG
A Charleston real estate blog that educates you, makes you a better buyer/seller/investor. it speaks in real terms and calls things as they are. It explains in plain English what happens, why it happens during the real estate process. It looks at case studies of real people like you buying house and it calls out a lot of the BS & bluffing that is all too common in the Charleston real estate world