Wednesday, August 27, 2014

Final Walk-Through: What to Expect at your Final Walk-Through before Closing



























Final Walk-Through: What to Expect at your Final Walk-Through before Closing















It's smart to perform a final walk-through before closing. It's your last chance to make sure the home you're about to buy is in the condition you're expecting. Here's some great tips that you may not have thought of in preparing for your final walk-through.

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Staging your Home: Advice for Sellers





































Staging your Home: Advice for Sellers

















Ten inexpensive real estate staging tips to help create a 'mood' or 'emotion' to entice and connect with potential home buyers.






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First-Time Homebuyer Tips: Things to Know when Buying your First Home



























First-Time Homebuyer Tips: Things to Know when Buying your First Home


















First-time homebuyers need to keep their ownership goals in mind and make sure to not rush into decisions or feel pressured. This video offers some great lessons from real first-time home owners.






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Financing: Advice for Homebuyers



























Financing: Advice for Homebuyers

















This YouTube channel, provided courtesy of Chase, offers the ins and outs of mortgages, how the loan process works and how to select a lender. Worthy of viewing regardless of whom you select as your lender.






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Wednesday, August 20, 2014

Style and sustainability: Two ways to really raise the roof


While green is increasingly a factor in today's roofing choices, having the ability to choose from a wide variety of colors in sustainable roofing is also a point of great satisfaction for discerning homeowners.


One roofing manufacturer, InSpire Roofing, of The Tapco Group, takes the combination of style and sustainability to new heights, offering the widest range of slate colors in the industry, including Standard, Premium, Blended (in-tile blends), Mixes (multi-color palettes) and Cool Roofing colors that can help homeowners save hundreds of dollars in energy costs every year. Its newest sustainable solution is the Wintergreen InSpire Cool Roofing Mix; a factory-collated blend of the traditional Evergreen, Ash Grey and Granite slate colors. This roofing can help reduce peak cooling demand by up to 15 percent to create energy savings for homeowners.


InSpire Slate's traditional and cool color choices both feature enhanced sustainability with virtually zero maintenance, extreme durability, recyclability and a limited lifetime warranty. The tiles' UV-protected blend of virgin resins and natural limestone delivers Class A fire resistance, Class 4 impact resistance and a 110 MPH wind uplift rating - all with the artistic, detailed texture of tiles cast from real slate.


'InSpire gives you a handsome slate appearance without the cost and substantial weight, but adds consistencies with color, texture and toughness that you can't find in real slate,' says Jonathan Wierengo, vice president of marketing for The Tapco Group, maker of InSpire Roofing. 'The range of Traditional and Architectural color choices with InSpire allows it to fit a variety of styles, including log cabin or Mediterranean style, where most people wouldn't even think of installing a slate roof.'


Texas custom builder Sheldon Robinson likes to use multiple InSpire colors for his homes - he's used up to eight colors on one roof. 'When people pull up to see a home, it just presents a whole different look. When people see that roof, they're just - pardon the pun - inspired. It delivers more of an authentic slate look. We can lay out a pattern for a client and say 'here's the concept, here's what's interesting,' as opposed to a typical all-black or grey roof,' Robinson says.


Color and durability are also the hallmarks of InSpire Shake, which uses a proprietary color process producing subtle color variations for each of its three authentic shake tile choices - New Cedar, Cedar Brown and Weathered Grey. Locator tabs that prevent moisture intrusion combine with Class A fire resistance and a limited lifetime warranty to provide protection and peace of mind for homeowners who want beautiful shake roof style without the need for constant upkeep.

Tuesday, August 12, 2014

7 real estate investing lessons we can learn from Steve Jobs


I recently read the book "Steve Jobs" by Walter Isaacson. As brilliant as Steve Jobs was, I came away from the book not with a sense of awe about the man who Steve Jobs was, but how despite his incredible success, how idiosyncratic and deeply flawed a human being he really was.


Yes, he was a certifiable genius, although in some ways "certifiable" as well.


Yes, we'll never see anyone else exactly like him, although Apple's stock price has done quite well since his death


Yes, in American business, he will live in the pantheon of Edison, Einstein, and Ford, and he really thought he belonged there.


Yes, he did leave an indelible mark on our society - in fact, totally revolutionizing five separate industries nearly simultaneously...but he deeply hurt many people on the way in his rise to near mythic status.


Despite his greatness, he made tons of mistakes, cruelly alienated lots of people including his own daughter, and did some curiously unethical things in his relatively brief time on this earth. No doubt, the further you probe into the true personal lives of your "heroes" oftentimes the more you find, the less you like.


I came away from reading the book in a word - exhausted, but exhilarated at the same time. In fact, it was refreshing in a way to know that although Jobs was "Steve Jobs the icon", he's just a guy like you and me. I realized that you don't have to be perfect to be great. And although there are many traits of Jobs I would never emulate in my own life, I felt like there were so many brilliant lessons that can be learned from him not only as a businessman and real estate investor, but as many lessons in what not to do as a father, a husband and a human being.


The bottom line is this: you, I and anyone can be great. There are multiple paths to ultimate success in life and in real estate investing, and there are multiple lessons Steve Jobs can teach the real estate investor and which can be learned by you.


The Top Seven Real Estate Investing Lessons Steve Jobs Taught Us


1. Fear Not


Jobs was plagued by strange idiosyncrasies. His diet, his odd personal habits, his driving without a license plate, his parking in handicapped zones just to name a few. But one thing he was blessed with was a total and utter lack of fear. Lack of fear comes from many things; self-confidence, optimism, even delusions of grandeur (checkmarks on all three for Jobs here). One thing's for sure, he had enormous amounts of self-confidence. He felt he was special and that he was put on this earth to do great things by creating the technical marvels which ultimately influenced and bettered the lives of millions of people. Those innovations still affect us all each and every day.


Even in the face of terminal pancreatic cancer, he seemed to have an almost irrational sense of self-confidence and lack of fear. His self-confidence was so great; he actually thought that he could cure himself with oddball diets and rituals, while shunning traditional medicine - medicine that just may have saved his life. Incredibly, he seemed to have a complete absence of fear of the one thing that most of us are deathly afraid of...death itself.


It's terrifying to buy your first house flip, for sure. But is it as fearful as death? Keep things in perspective in order to control fear. Think of the worst case scenario if you do what you're fearful of. If you can handle the worst case pain and aggravation, then do it. If Steve Jobs could fearlessly stare down death, you can do the same.


If you're just starting, then make your first real estate purchase. If you've been around the block a few times, try a new investment strategy you've never done before. When you face your fears and do what you fear most, you end up controlling your fears.


2. Pick Yourself Up Even After Your Failures


Can you imagine the humiliation of being fired by the guy you picked to run your company? In one of the most public firings in corporate history, Steve Jobs was fired. This was big news when it happened, sending shockwaves throughout Silicon Valley and the rest of the corporate world. Jobs did wallow for a short period of time, sure. But he picked himself up and created a new company that was ultimate bought by the company and the successor he was fired by.


If you are new to real estate investing and you lose a few thousand on your first deal because you overestimate your ARV, didn't stick by the 70% Rule or failed to tightly manage your general contractors, then provided the few thousand didn't bankrupt you, pick yourself up and try again.


It's not how many times we fail; it's how many times we get back up after failure that counts most.


3. Marry Art and Functionality


Many of us have iPhones. If you have one nearby while reading this or on the desktop beside you, pick it up. Feel the weight, notice the elegant stainless steel wrapping, the Gorilla glass screen, the smooth back. Swipe a few apps from side to side, browse the Internet, touch an app and see how they all gently jiggle to be deleted or modified. If you think all these enhancements and subtle artistic nuances of the device (since copied by the Google platform) are random, think again.


Jobs dissected each of these features and weighed them for weeks and months prior to being introduced by Apple. And each feature indelibly bears his thumbprint - his signature. He married art and functionality to create everlasting products and innovation that will affect generations to come.


There are lots of posts on this website that discuss the "steps" to real estate investing, house flipping, wholesaling, you name it. Follow these steps here and learn as much as you can. But then, put your own thumbprint on each of them - just like Steve Jobs did with each of his creations.


Is there only one way to rehab a house for maximum resale? No way.


Is there only one way to round up funding for your next apartment building? Not a chance.


Virtually anyone can become a real estate investor as long as they have the desire and the ambition, but to become a massive success, it's going to take more than just what you learn from others. Its going to require you to put your own indelible stamp on every deal you do. Think like Steve jobs in how you can make your flip or rental a little bit different, enhanced or beautiful...marry art with functionality.


4. Listen to Your Inner Voice


When you are new to real estate investing, you have no voice in your head. If you do have one, that voice is usually screaming to you "don't do it!"


However, the more deals you do, a different inner voice starts to appear. This is the voice of experience.


Maybe you are thinking about becoming a real estate investor and there's something that has stopped you from doing it. You went to school, you got a good job in finance or sales or maybe you're a doctor or a dentist - but there's something missing. When we don't listen to our inner voice, we mail it in, we do what we do on autopilot.


You're reading this blog most likely because you want something more. You want to create the life you've always wanted. THAT is the inner voice calling you.


Ignore it at your own peril.


Jobs' inner voice screamed "change the world" - a pretty dramatic vision and a pretty big voice. He built computers to do it. That was his plan.


What's yours?


One thing that's abundantly clear with Jobs is that despite his many imperfections, he lived his life with very few regrets. He followed his inner voice. Whatever that voice is telling you, it would be smart to listen to it.  Even if it tells you to quit your job, become a full-time real estate investor, move to Tibet or become a gourmet sushi chef, listen to it.


Live life with no regrets.


5. Expect More from Yourself and From Others


Jobs was a real prick sometimes. He would berate people. He would yell at people. He would throw little temper tantrums. He was a totally obsessive control freak.


And of course, he was an absolute perfectionist.


He demanded this from himself and he demanded the same from everyone who worked for him. I am not saying that the WAY Jobs did it was right, far from it. He seemed like a real jerk to work for.


But one thing's for sure, he pushed people to places where they never thought they were capable of going. He expected this of himself and he expected it from everyone who worked for him.


Do it in your own way and do the same thing in your real estate investment career. If you need to get upset, do it. Don't overdo it or you will find nobody will want to work with you, so be careful. But shoot for perfection and settle for excellence at the very least.


Jobs built products that revolutionized the world using this philosophy and he did it in his own way...so you do it in your own way. But don't try to be him. Be yourself and expect a lot from everyone and most importantly expect the absolute most from yourself.


6. Surround Yourself with the Most Talented People You Can Find


Steve Jobs gets all the credit when you think of the legacy of greatness at Apple. Sounds good, but it's simply not true.


Yes, Jobs made the ultimate decisions in all matters Apple from the type of sandstone used in Apple stores to the kind of glass used on iPhone screens. But what's less known is that he surrounded himself with some brilliant minds that simply made him and Apple better.


Jobs surrounded himself with serious talent: the true mastermind behind the iPhone and iPad design Jony Ive, now CEO Steve Cook, Apple co-founder Steve Wozniak, Toy Story creator John Lesseter, just to name a few. These super-talented people (not the faceless minions kowtowing to Jobs every whim as we may want to believe) don't get the credit they rightfully deserve.


In real estate investing, surrounding yourself with an incredibly talented and knowledgeable team, including lawyers, real estate agents, general contractors, etc. - people in many cases who know far more than you - is just as important in real estate investing as it was in building one of the great companies of our generation. Steve Jobs realized that he couldn't do anything without great talent around him.


How about you?


7. Stay Hungry. Stay Foolish


Success in anything in life is consistently looking to improve, to grow, to build and also to have fun. If you're going to do it for the majority of the time you have in any given day, shouldn't it be fun too? Jobs summed up this philosophy of innovation, creativity and fun in his memorable 2005 Stanford commencement address (check it out on YouTube if you haven't):


    "When I was young, there was an amazing publication called The Whole Earth Catalog, which was one of the bibles of my generation. It was created by a fellow named Stewart Brand not far from here in Menlo Park, and he brought it to life with his poetic touch. This was in the late 1960′s, before personal computers and desktop publishing, so it was all made with typewriters, scissors, and Polaroid cameras. It was sort of like Google in paperback form, 35 years before Google came along: it was idealistic, and overflowing with neat tools and great notions.


    Stewart and his team put out several issues of The Whole Earth Catalog, and then when it had run its course, they put out a final issue. It was the mid-1970s, and I was your age. On the back cover of their final issue was a photograph of an early morning country road, the kind you might find yourself hitchhiking on if you were so adventurous. Beneath it were the words: "Stay Hungry. Stay Foolish." It was their farewell message as they signed off. Stay Hungry. Stay Foolish. And I have always wished that for myself. And now, as you graduate to begin anew, I wish that for you.


    Stay Hungry. Stay Foolish."


We can be just as special as he was and although we may not all build the next Apple; we can build excellence in what we do every day as real estate investors. As was previously reported on this blog, we as real estate investors not only enrich the lives of thousands of people every year with quality housing, but we create jobs and opportunities to the tune of $9.2 billion per year as well.


What we do as real estate investors matters. Jobs would agree that is a worthy dream to pursue. And we all can learn much from him - both the good and the bad. But best of all, you don't have to be perfect in to be wildly successful like Steve Jobs.


In fact, anything's possible in life if you continue to follow the simple lessons laid out above.


Author: Mike LaCava


Mike's Website: http://www.houseflippingschool.com

Bring your house up to date


It's amazing how quickly our homes can start to look dated. Even if they were once the height of fashion, they can easily start to feel stuck in the past, and for many people it is enough to make them consider moving, unaware that it is simply the fact that things feel stale that is giving them such wanderlust.


There is plenty that can be done, easily and cheaply, to make a house feel more modern though. A change of paint is always a great way to start. Finding out the colors that are currently in vogue is a great way to instantly transform a room. On top that, interesting and modern artwork and contemporary knick knacks will also instantly bring a room up to date.


Home lighting is also a surprisingly date-specific kind of thing. Older light fittings will instantly date any room, and changing glaring halogens to more subtle accent lighting can instantly change the feel of a room without anything else being needed. Altering home lighting is also easy to research and cheap to achieve, making one of the perfect places to start if a house is starting to feel jaded. The more you can spend on lighting, the better.


Wooden floors are also a great way to stay modern. On top of this, utilizing a wooden floor gives you great scope to include under-floor heating, an investment that will almost certainly pay for itself in terms of how much money can be saved on energy bills. Under-floor heating also helps you remove what are usually unsightly radiators and give rooms more space - another way to make any room feel more modern.


If you can, make as much space as possible, knocking down walls to create more space if it is appropriate. Space and lighting combined will make even the dullest room feel fresh and new.


By: Allision Kraft

http://www.articlecity.com/articles/home_improvement/article_7221.shtml

Tuesday, August 5, 2014

Elegant outdoor entertaining on a dime



(BPT) - Wish your soiree could have a bit more swagger? You don't need a celebrity budget and abode to throw a stunning celebration. With just a bit of creative vision and DIY savvy, you'll have an affair to remember in no time at all.

Sensational seating

The first step to ensure an enjoyable event is to provide enough seating for your guests to relax.

Enhance the look of your current table and chairs with a quick finish update with Rust Protector from Krylon.This spray paint works wonders on weathered metal tables and chairs, providing coverage, durability and corrosion protection. Available in several new multi-color, textured finishes it dries in as little as eight minutes so that you can quickly move on to other aspects of your party planning.

Elegant ambiance

Once your seating area is set, create an eye-catching centerpiece to set the mood. Turn forgotten pedestal candle holders into chic showpieces that will impress guests and inspire dinner table dialog. Simply spray paint each with a coordinating color of Krylon's Rust Protector Multicolor Textured Finish for an updated and elegant look. Once dry, add candles of various heights and decorate the bases with pebbles or decorative beads for subtle and sophisticated ambiance.

Let there be light

While your new centerpiece will illuminate the table area in the evening, be sure to light up the night with additional accent lighting. Tiki torches are an easy and inexpensive solution that provide excellent perimeter lighting and can even work double duty to keep pesky mosquitos at bay, ensuring your invited guests don't bolt because of uninvited ones.

Luscious libations

A signature drink can be a fun treat for your guests - but be sure the vessel is just as festive. An inexpensive and trendy way to keep guests refreshed and delighted is to serve your libations in the classic mason jar. Jazz up the jars by placing peel-and-stick chalkboard labels on the jars and provide chalk for guests to write their names. And as the final touch, offer mini umbrellas or nostalgic striped paper straws to allow guests to sip in style.

Heat it up

Why not enjoy your tasty refreshments around a fire pit when the sun has finally set? It's the perfect ambiance to relax and enjoy company. Restore your rusty fire pit from last season with Krylon's High Heat Max spray paint, a durable and stylish option for DIYers who want to touch-up surfaces that need to withstand extreme temperature swings. It delivers maximum color and rust resistance in three contemporary finishes, including black, aluminum and copper, for a designer look all year long.

You don't have to spend a ton of money to create an elegant gathering that will impress guests. By paying attention to small, inexpensive details, you can turn a bland backyard, patio or deck into a stylish spot for entertaining that won't leave you penniless at the end of the night.

For more information on Krylon products or spray paint projects, visit krylon.com.