The BRRRR method is a unique real estate investing approach that has recently gained popularity. BRRRR stands for Buy, Rehab, Rent, Refinance, and Repeat and is all about maximizing your cash flow and leveraging your investments. In a nutshell, the BRRRR method involves buying a property, fixing it up, renting it out, refinancing it to… Continue Reading
The decision to keep renting or to buy a home is one of the most significant decisions adults will make in a lifetime. As we currently face one of the most challenging times in housing history, deciding whether to do one or the other seems even more complex. The younger generation looking to move out… Continue Reading
Let’s say you’re buying a house or refinancing and you need PMI. What are your options (besides putting down 20%)? Take Two Mortgages to Avoid PMI That’s right. If you take two mortgages that add up to 90% or 95% (remaining 5-10% is your down payment), you can avoid paying PMI. How? Because your first… Continue Reading
If you’re in the market to buy a home, or are considering refinance options for a home you already own, you’re likely to be presented with a range of mortgage products to choose from. Making an informed decision between a fixed rate mortgage and an adjustable rate mortgage comes down to your future plans for… Continue Reading
When I am an old woman and look back on my life, I don’t think there’s anything I’ll remember more fondly than the years I spent working as a buyer’s agent. This is often considered an entry level position, but for me it was the ultimate in the helping professions. I could tell you about… Continue Reading
In my long career as a Realtor, one of the most common problems I encountered was homeowners who had absolutely no idea what their homes were worth. That was before things like Zillow and Trulia popped up, but it’s not like the Internet has been able to make a huge dent in this problem. The… Continue Reading
Earlier this summer, a friend of mine was looking to buy a house and although their Realtor assured them that it was a slam dunk and everything was fine with their paperwork and they had a legitimately significant down payment, there were complications. In fact, their appraisal came in a little over eight percent short.… Continue Reading
When I was in real estate school, one of the concepts we discussed in great depth was the very real way that neighborhoods grow and die — how real estate is more like a living thing than a simple concept. Instead of a straightforward life cycle, neighborhoods go through growth, decline, decay and rebirth as… Continue Reading
It’s the middle of summer, the mercury’s rising and you’re under a lot of stress because you’ve absolutely positively got to find a house before it’s too late to get a closing date before school starts again. You’re not alone, home hunting isn’t an easy job, and as the still, stagnant heat of the… Continue Reading
Before we jump back into this series, I have to apologize for being away. I got a little wrapped up in writing the first part of this and researching it and sort of decided to go crawling around under my own house to deal with an annoying flaw that had been bugging me since we… Continue Reading