Weichert, Realtors – Courtney Valleywide

06 Jun 2018

How To Manage Investment Property While Working Full-Time

Real Estate

In 2017, upwards of 75 percent of independent rental property owners in the U.S. reportedly worked another job on top of being a landlord. That means the overwhelming majority of landlords are attempting to juggle more than they can handle at times. However, there are organizational and strategic concepts that can maximize efficiency and profitability. Consider the following tips that bring property management tasks under three basic headings: organization, automation and outsourcing. Organization Matters One of the things that tends to overwhelm landlords is thinking about the rental properties as an extension of home ownership. The rental seems like…

Fix and Flip: Forget What You See on Television

Real Estate

The drama of home and garden TV shows may be fun to watch, but no matter what you think, reality shows are not at all like real life. If you think it's easy to buy a house that needs updating and turn it quickly for substantial profit, you might want to think again. That doesn't necessarily mean, though, that you should shy away from the idea of buying a "fixer-upper" -- just that you should approach such a home purchase with eyes wide open. Here are some valuable tips: Buying a house that needs cosmetic updates can make financial sense, particularly…

What’s Ahead For Mortgage Rates This Week – June 4th, 2018

Financial Reports

Last week's economic reports included readings on Case-Shiller home prices, pending home sales and construction spending. Weekly readings on mortgage rates and new jobless claims were released, along with monthly labor-related reports on job creation and the national unemployment rate. Case-Shiller: Home Prices Maintain Rapid Growth S&P Case-Shiller home price indices for March showed home prices continued to grow at blazing rates. Seattle, Washington held on to first place with a seasonally-adjusted annual rate of 13.00 percent; Las Vegas, Nevada reported 12.40 percent growth in home prices in March. Analysts said Las Vegas markets benefitted from homebuyers relocating from high-priced…