Providing Landscaping Services in Bridgewater, Whitehouse Station, Basking Ridge, Hillsborough, Montgomery, Bernardsville, Readington, Califon, Tewkesbury, Oldwick, Clinton, Hunterdon and Somerset counties in New Jersey since 1980

Author Archive for terry

Real Estate Investment Deals That Increase Your Net Worth!

Published by
terry
at February 2, 2006 in Business, Homeowners and Real Estate. 0 Comments


Investment House

Consider these parameters for a real estate deal:

Property Value: $250,000
Purchase Price: $160,000
Repairs: $2,500

If you analyze the numbers, you see that the equity available in this deal is $87,500 (Property Value minus Purchase Price minus Repairs).

So here’s a hypothetical question for you: Assuming that the information above is accurate, and the property is located in an area that you view as acceptable and/or favorable, then:

If I offered to give you this deal in exchange for $10,000 in cash, would you do it?

Remember - this is hypothetical. The real question here is this:

Would you exchange $10,000 in cash for $87,500 in equity?

For most savvy investors, the answer is: Absolutely YES!

This is called “Wholesale Real Estate Investing” - the process of buying a lot of equity at a very significant discount from another real estate investor who has already done the hard work of finding a deal and getting it under contract.

Just think about that - consider how easy real estate investing would be for you if you had a network of real estate investors in your area (and maybe even all over the country) who, several times each month, offered you the opportunity to purchase significant amounts of equity for a severe discount…

…It would be quite easy to become wealthy, fairly quickly, wouldn’t it?

The answer again, is: Absolutely Yes, it will.

It is through smart “wholesale real estate investing” that you can increase your net worth by $20,000 to $100,000 on every real estate deal that you do.

…Now the burning question becomes, “Where exactly do I find these wholesale real estate investing deals?”

I know of at least 3 solid sources…

You’ve got to admit - it will be a pretty wonderful thing when you know how to find great real estates deals in which you can trade a small amount of cash for a large amount of equity without even having to find the deals yourself…

…And that’s exactly what “wholesale real estate investing” is all about.

So let’s get right to it. Here are 3 places to find wholesale real estate deals:

1.) Visit the local real estate investing club in your area. Almost all of these clubs have networking opportunities to work with other investors who wholesale deals regularly, and this is an easy way to find great opportunities.

2.) Watch for ads in the newspaper, television, and in other media that advertise slogans like, “We Buy Houses”, or “Sell Your House in 9 Days” or anything similar to that. Most of the time, these people are real estate investors, and they are happy to wholesale deals to people like you.

3.) Watch your email-box. Why? Because if and when you choose enrollment in various free e-courses online, such as that via tm-RealEstateInvesting.com, you’ll be provided with automatic notification about great local and national deals as they become available. But be forewarned - you’ve got to act quickly whenever these deals are announced, because obviously the response is always significant.

Happy Hunting!

How Home Staging Can Help Sell Your Home

Published by
terry
at January 11, 2006 in Home Improvement, Homeowners, General and Real Estate. 0 Comments

Home Staging

Home Staging is often done when you sell your home. Staging a home can bring you a much higher selling price. A home staging professional can be hired to tour your home and direct you to make the changes that will increase your homes marketability. Make sure the stager you hire is accredited.

Staging a home is not redecorating it. Redecorating a home focuses on the seller and their personality. Staging focuses on the buyer. It provides the current home owner with the knowledge to rearrange the furnishings, pictures, accessories, etc. in the best possible manner to enhance the rooms function, appearance and balance.

The seller of a home has a strong emotional attachment and often times lacks the objectivity to know what’s best to enhance their homes looks.

Real Estate agents will often hire a stager as part of the selling package because they may be uncomfortable disclosing to the seller that their home needs work and avoid upsetting them.

The main purpose of the staging professional is to help the buyer see themselves and their belongings fit into the home they are viewing. They do this by rearranging the home to appeal to a broad base of purchasers. Stagers can be expensive, so if you want to go it alone please follow the tips below.

The first and most important consideration to prepare your home for sale is to unclutter. There should be NO clutter anywhere in your home. Go through each room and remove any clutter you see. Organize toys in decorative boxes that are hidden away in a storage room (perhaps a room for storage in the basement). You can always take them out again when you don’t have any booked showings. Bookcases should be neat and attractive interspersed with a few ornaments. Closets should be cleaned out so that only clothes are visible. Remove storage at top and bottom of closets. Place clothes out of season in storage. In fact, place any clutter you have found in storage as well. You have to move anyway and you will have to pack less later when you do move!

The foyer provides the buyer with the first impression. It should be clean, uncluttered, bright and inviting. If any rooms are dull brighten them up with higher wattage bulbs in lamps.

Remove personal photos from all rooms if possible and replace with prints or ornaments. You want the buyer to focus on your home, not your personal life. This can be distracting.

A fresh coat of paint is mandatory. Paint your home in a neutral colour (white or beige is best). You can add a splash of colour with colored accessories, pillows, throw rugs, candles, etc.

Bathrooms should be sparkling! Counters should be clear with no personal items visible. Tub tile grout should be clean and shower curtains and glass shower doors should be free of mildew. Hang fluffy, colorful towels on the towel rods.

Kitchens must be spotless. Remove all notes, magnets, etc. off the front of the fridge. Keep counter space clean and clear of all items. Clean out under sinks and organize the pantry. Paint outdated cupboards with a neutral colour and put new modern knobs on doors for a fresh look. Dishes on the floor for pet food should be eliminated during a showing.

Furnishings should be simple and minimal. Leave space between pieces and remove nick knacks. Your most attractive piece of furniture should be placed on the wall you see when you enter a room if possible. Tuck away Cd’s, videos, etc. Hang pictures at eye level. Group accessories in odd numbers (one, three or five). Fireplace mantles should be depersonalized by removing pictures. A flower arrangement, mantle clock or piece of art would be appropriate here.

Garages, front and back yards should be cleaned as well. Plant flowers or shrubs in the yard for a welcoming effect. Prune any shrubs you may already have. Don’t leave bikes or toys around the yard. Clean the pool if you have one. The lawn should be cut and watered to give the home a well cared for look. A coat of paint on the outside of the house may also be in order.

If you can afford a stager it is well worth the money. If not, just make sure you clean and unclutter! A spring cleaning will definitely pay off. This can not be stressed enough! A coat of paint will do wonders. Have lights on in every room (even during the day) and soft music playing before a showing. Spray a nice gentle room spray around the house to freshen it up. Be careful it is gentle or the buyer will think you are covering up something.

All the best and Good Luck!



GARDENING’S MOST VALUABLE ADVICE

Published by
terry
at December 31, 2005 in Contractors, Homeowners, Gardening and Landscaping. 0 Comments

gardening

Many people may not be aware that gardening can actually harm the environment. A large amount of carbon dioxide can be released through tilling the soil. This contributes to global warming. When you cultivating and compacting the soil, destroys good fungi. Fertilizers like nitrogen and manure often leach out of the soil and pollute the water you drink.

Global warming

Did you know that the earth’s soil gives out carbon dioxide in the atmosphere 10 times more than all human activity? This comes from the pill bugs, microbes, fungi and worms when they breathe, digest food and then die. Although in the past plants have been capable of absorbing carbon dioxide caused by small-scale tillages, this isn’t the case nowadays.
The increase of the globe’s average temperature is because of the carbon dioxide the soil emits when tilled. The good news is that tilling can be minimized by mulching or sheet composting.

Good Fungi

In untilled soil, there is beneficial fungi known as the vesicular-arbuscular-mycorrhizae or VAM for short. VAM actually forms a symbiotic relationship with plants. Their filaments increase root hairs and provide nutrients to the plant. They give out zinc, copper, potassium and phosphorus. Plants provide carbohydrates for the fungi in return. It is possible to grow a garden without tilling the sooiil at all by mulching heavily until the soil is soft and friable.

Surplus Nitrogen

Many gardeners waste nitrogen and manures; farmers do otherwise. Farmers only need a quarter to a third of nitrogen to mix with an inch of compost, horse, or cow manure. Kate Burroughs of Sebastopol California, uses the same rule for her home-grown lettuce and sweet corns. When it comes to broccoli and pear trees, farmers only need a small amount. Notice that gardeners apply larger amounts of compost and manure than farmers. Obviously, they are not only wasting their fertilizer but also their money.

The best gardening advice that can be given to those concerned is to do all things with moderation. Keep in mind that too little and too much of something is not healthy. This is the most valuable advice one can have in gardening.