Posted by Barbara Musoka // April 1, 2021
There are pros and cons to buying flipped houses. The main benefit is that you won’t have to manage any major renovations on your own. It’s the most convenient type of house to buy unless you’re going to buy a brand-new home—but then you’d be paying a lot more. Of course, there are horror stories. You […]
Posted by Barbara Musoka // March 1, 2021
Rental property ownership is filled with ups and downs. If you currently own residential real estate, you may be faced with the most difficult period of your ownership. In addition to trying to navigate your personal financial situation, you have to worry about rent coming in from your tenants. The protection of your lease may […]
Posted by Barbara Musoka // February 1, 2021
Completing a successful Real Estate Transaction is difficult. It takes several moving parts coming together at the right time to get a deal to the finish line. Even when you have a signed contract, you still need the inspection, appraisal, insurance and closing to go off without a hitch. All it takes is one person […]
Posted by Barbara Musoka // January 1, 2021
Investing in rental properties can be one of the most difficult things you do in real estate. It can also be one of the most profitable if executed properly.Being a landlord is not exactly rocket science. You find a property, make subtle improvements, get good tenants and collect rent checks. Your rent checks should exceed the […]
Posted by Barbara Musoka // December 1, 2020
In a typical listing agreement, instructions are defined in writing for how both Listing Agent and Buyer’s Agent receive their commission at the Close of Escrow. Industry Standard suggest the Listing Agent receives about 3.5% in a normal transaction while the Buyer’s Agent receives about 2.5%. Does that mean the seller or the buyer pays […]
Posted by Barbara Musoka // November 1, 2020
Losing out on a home you’ve offered on SUCKS. Walking the property, imagining the move, picturing the space as your own…….all to have another buyer swoop in and submit a better offer. No more! Landing your dream home is now about timing, contract structure and submitting the strongest offer possible as soon as you can. […]
Posted by Barbara Musoka // October 1, 2020
All offers are not created equally. It cannot be stated enough just how important it is to choose the right offer, not just the one with the highest price. The right offer is one that actually closes and allows you to move on from the transaction. The wrong offer has an unexpected problem at the […]
Posted by Barbara Musoka // September 1, 2020
A seller’s goal should be to find the highest offer with the strongest probability of closing. While a near asking price offer may look great after initial review, it may be full of unnecessary contingencies and red flags that may put you in a bad position as the seller. What if you knew what to look for […]
Posted by Barbara Musoka // August 1, 2020
Even with the backdrop of a pandemic extremely present, the Real Estate world does not stop. There are many sellers who were waiting for the spring market to list their home and find a buyer. On the surface it would seem that these plans have taken a hit, but in reality they just need a […]
Posted by Barbara Musoka // July 1, 2020
A rental property purchase is not the same as a fix and flip project. With a fix and flip deal, you are focused on generating short term profits whereas a buy and hold rental may be in your portfolio for several years. It is essential that you know everything about your rental market, the property […]