Monday, August 6, 2018
Tuesday, March 22, 2016
Morningside Home Infuses Italian Elements
Built in 2007, this 4,000-square-footer has four bedrooms and ubiquitous white walls to emphasize the artwork. The highlights are many, but the 22-foot "dramatic gallery" with a double-sided fireplace, the custom bathrooms, and multiple terraces shine. And that pool would have to be sweet heaven in a Hotlanta July.
 |
Monday, March 21, 2016
How Crowdfunding Has Changed Real Estate Investing
Crowdfunding has become something of a buzzword among investors these
days and it’s been particularly well received in the real estate sector.
Though it’s still in its infancy, real estate crowdfunding is rapidly
reshaping the way individuals find and invest in properties. This shift
has brought benefits not only for investors but also for real estate
companies and for the real estate market as a whole. But this rapid
growth also means important considerations for investors when choosing a
platform to invest their capital with.
The old rules forreal estate investing
In the pre-crowdfunding era, investing in private real estate was all about who you knew. Under the Securities Act of 1933, private securities investments (including securities of real estate companies) could not be marketed publicly. That meant that access to private deals was limited to investors who were able to seek them out through connections in their personal network. Or to better phrase it, the old country club model of finding and investing in real estate.
Once an investor was able to locate a private investment, she would then have to provide the necessary funding. The minimum threshold forgaining access
to these exclusive properties could easily run into the six-figure
range. These high buy-in requirements and the ban against publicly
soliciting for these investments effectively shut the average investor
out of a large segment of the real estate market. And for real estate
companies, this meant access to capital for deals was also restricted to
who they knew thus making capital very inefficient.
How crowdfunding has made access easier
From an investing standpoint, crowdfunding is a relatively new idea but it’s made big waves in the real estate industry thus far. With the passage of the Jumpstart Our Business Startups Act in 2012, some of the barriers that had previously existed for investors who sought a foothold in real estate were removed.Specifically, Title II of the Act eliminated the restriction on general solicitation. For the first time in nearly 80 years,small businesses and start-ups were able to raise
capital and advertise their offerings in a much more public way. That
concept quickly carried over to the real estate industry and real estate
crowdfunding took off with hundreds of millions of dollars raised
through crowdfunding for real estate in 2015.
Through crowdfunding, instead of having to rely on connections to pinpoint real estate deals and having to put $100,000 or more into a single deal, investors can access these deals from the convenience of theirlaptop or tablet . In
addition to better access to pre-vetted deals, crowdfunding platforms
also make it possible to begin investing with as little as $1,000.
The old rules for
In the pre-crowdfunding era, investing in private real estate was all about who you knew. Under the Securities Act of 1933, private securities investments (including securities of real estate companies) could not be marketed publicly. That meant that access to private deals was limited to investors who were able to seek them out through connections in their personal network. Or to better phrase it, the old country club model of finding and investing in real estate.
Once an investor was able to locate a private investment, she would then have to provide the necessary funding. The minimum threshold for
How crowdfunding has made access easier
From an investing standpoint, crowdfunding is a relatively new idea but it’s made big waves in the real estate industry thus far. With the passage of the Jumpstart Our Business Startups Act in 2012, some of the barriers that had previously existed for investors who sought a foothold in real estate were removed.Specifically, Title II of the Act eliminated the restriction on general solicitation. For the first time in nearly 80 years,
Through crowdfunding, instead of having to rely on connections to pinpoint real estate deals and having to put $100,000 or more into a single deal, investors can access these deals from the convenience of their
Monday, March 14, 2016
Rebirth of a Connected City
“Kirkwood, Edgewood, Adair Park, Capitol View, Capitol View Manor, Pittsburgh, Peoplestown, Lakewood, Mechanicsville and West End will continue to grow in popularity,” he added. “Personally, I’m looking forward to seeing how the redevelopment of Fort McPherson and Turner Field play out.”
On a side note, Askew also expects the real estate business to see more mergers and acquisitions as larger companies continue to grow their footprints. Conversely, more small, high-tech firms, sans the brick-and-mortar, will open in an effort to attract millennials.
“I think the excitement and popularity of Old Fourth Ward, Edgewood and Inman Park will continue,” Johnson predicted. “Many wonderful projects are being built that create an energy and synergy in the market.”
As more companies bring their businesses back to areas like Midtown, Downtown and West Midtown, Decatur and Buckhead, there’ll continue to be a strong demand for housing in the Intown neighborhoods.
Intown development will be driven by two major forces for several years to come: walkability and the Atlanta Beltline, according to Burell. “Unlike other geographic boundaries like lakes, rivers and mountains that limit and divide regions, the Beltline is unique because it’s a geographic boundary that actually connects neighborhoods which have been isolated in the past. This creates the rebirth of a connected city.”
He added that, at the same time, the Beltline is creating a boundary and limiting the amount of available land within its circle. Developers and investors are purchasing land in and around the Beltline, even in sections of town where it hasn’t been completed, and there’s been a direct impact on home and land values.
Anne Miller agreed that areas near the Beltline will continue their popularity in the coming year. “I also think we’ll see some growth in areas just inside the perimeter, due to affordability and easy Intown access for work or play.”Z
Scott Askew, President of Engel & Völkers Intown Atlanta.
Wednesday, January 27, 2016
Great Investment Deal
Perfect rental or rehab for the savvy investor!
- 4-sided brick rambler located in Cascade Heights
- Updated kitchen and bath
- NEW windows
- NEW HVAC system
- Updated electrical
House needs minimal cosmetic repairs only (under $5k) Paint, Refinish floors, insulate crawl space, landscaping.
Sales Price $84k ARV $130-140k
Note: Please do your own due diligence to verify comps. NO WHOLESALERS BUYERS ONLY!!!
(404) 548-8769
Saturday, November 7, 2015
Tuesday, March 17, 2015
4 Walls Under A Roof: Atlanta 1910 Historic Glass House Renovation
4 Walls Under A Roof: Atlanta 1910 Historic Glass House Renovation: The Ansley Glass House additions by Atlanta-based architects Brian Bell and David Yocum of BLDGS is a spectacular renovation of a 1910-...
Atlanta 1910 Historic Glass House Renovation
Sunday, March 23, 2014
Friday, October 11, 2013
Investors Have Reshaped the Market
Cash-rich institutional investors jumped into the market when homes were at their cheapest and built up massive real estate holdings that they've since turned into rental properties. In addition, many people who were underwater on their homes but needed to move became "accidental landlords," renting out their first home so that they could move to a second. Result: Four million more single-family homes are available for rent than there were prior to the recession, meaning potential renters have far more options.
Monday, September 12, 2011
Sunday, April 17, 2011
The Rental Market on the Rise
With so many homeowners overburdened with debt, combined with low home values, there are plenty of homeowners walking away from their homes, getting foreclosed, or short-selling their homes. While in the short run, this may seem like the only viable option for many people, the long term impact will be felt for years to come.
We are basically setting up a very strong rental market for the next 10 years. When a homeowner goes into foreclosure, they are basically unable to purchase for seven years. Selling a home through short sale also affects one’s credit for several years, although usually not as long as with a foreclosure on a credit report.
The only alternative that they have is to rent. With record numbers of people in the same boat, it is going to flood the rental market with a lot of renters and therefore increase the demand for rental homes—setting landlords up for a great position in the future.
For people who can afford to purchase rental property, the timing has never been better. Home pricing is very low and we are looking at 10 years of the strongest rental marketing in decades. How are you adapting to this trend? As an agent, you need to look at who you are marketing to and how this shift will impact you and your business.
You may very well have future landlords on your past client or sphere list who either haven’t even thought of owning rental properties as an investment option or who are overwhelmed with where to begin. Or perhaps it’s time for you, as a Realtor, to add some rental properties to your own real estate portfolio.
Source: Short Sale Daily News!
Friday, March 25, 2011
Ranch w/full Basement (Decatur)
RENT: $1050
BD/BA: 3/1.5
STATUS: AVAILABLE APRIL 1st
DESCRIPTION: Rambler located in Decatur off White Mills/Candler. This home has hardwoods throughout, separate living room, eat-in kitchen, full-basement w/two additional rooms, large fenced yard, washer/dryer included.
Friday, March 18, 2011
TOP 10 WEIRD HOMES
COLUMBUS, NM
AGUILAR, CO
PHOENIX, AZ
LAS VEGAS, NV
MINNETRISTA, MN
EAST HAMPTON, NY
ATLANTIC BEACH, FL
PATAGONIA, AZ
MIAMI, FL
SAN FRANCISCO, CA
AGUILAR, CO
PHOENIX, AZ
LAS VEGAS, NV
MINNETRISTA, MN
EAST HAMPTON, NY
ATLANTIC BEACH, FL
PATAGONIA, AZ
MIAMI, FL
SAN FRANCISCO, CA
Monday, February 28, 2011
Building your Portfolio: No Better Time Than Now
Don't give up on your portfolio just because the market looks bad. This could be the perfect time to invest.
How does that old investing adage go? Buy high, sell higher? Of course not. When prices are low, it's the right time to buy. During the darkest time, you should get out your flashlight and start looking for deals.
Right now, the real estate market is hitting rock bottom and the stock market is stop-and-go. Homes and land, blue-chip stocks and hyper-growth rockets, they're all starting to look mighty cheap. Your favorite investment vehicle is less important than your eye for undervalued assets.
It's easy to find beaten-down investments these days. The trick is to identify the ones that will make it through the hard times and realize their true value once again. Great management can steer a solid business through rough waters, only to come out stronger when the market normalizes again, and the less talented competition is fighting for its life. And great real estate is great real estate, even when market conditions push buyers away and prices down.
If you don't feel comfortable calling the bottom quite yet, you have a couple of options. For one, you could take the leap anyway. Very few investors manage to jump in at exactly the right time, and there's no shame in getting in too early. The name of the game is to get in, because you can't make any money in the market if you don't invest at all.
Another choice is to take a hard look at alternative investments. International stocks, for example, are good bets while the U.S. dollar remains in free-fall. When the dollar drops 10 percent against the yen, Japanese investments get a free 10 percent value boost above whatever returns the stocks themselves may give.
Finally, you could simply park your nest egg in a high-yield money market account or certificate of deposit (CD) until you see market conditions that you like. Just remember the first point: don't stay out for too long. That's no way to grow your wealth, or even protect your assets from the ravages of inflation.
The younger you are, the more you need to be in the market. When you're investing for retirement, which is decades away, you can afford to take on some short-term risk in order to catch the long-term rewards.
Recessions and bear markets are an investor's best friends, as backwards as it might sound. As long as you're still looking to make new investments, you really want prices to be as low as possible, and broad market downturns give you plenty of that. Let the good times roll, but not until you've funded your nest egg. Buy low, then sell high-that's the way to riches in your golden years.
By:
Anders Bylund - MortgageLoan.com
How does that old investing adage go? Buy high, sell higher? Of course not. When prices are low, it's the right time to buy. During the darkest time, you should get out your flashlight and start looking for deals.
Right now, the real estate market is hitting rock bottom and the stock market is stop-and-go. Homes and land, blue-chip stocks and hyper-growth rockets, they're all starting to look mighty cheap. Your favorite investment vehicle is less important than your eye for undervalued assets.
It's easy to find beaten-down investments these days. The trick is to identify the ones that will make it through the hard times and realize their true value once again. Great management can steer a solid business through rough waters, only to come out stronger when the market normalizes again, and the less talented competition is fighting for its life. And great real estate is great real estate, even when market conditions push buyers away and prices down.
If you don't feel comfortable calling the bottom quite yet, you have a couple of options. For one, you could take the leap anyway. Very few investors manage to jump in at exactly the right time, and there's no shame in getting in too early. The name of the game is to get in, because you can't make any money in the market if you don't invest at all.
Another choice is to take a hard look at alternative investments. International stocks, for example, are good bets while the U.S. dollar remains in free-fall. When the dollar drops 10 percent against the yen, Japanese investments get a free 10 percent value boost above whatever returns the stocks themselves may give.
Finally, you could simply park your nest egg in a high-yield money market account or certificate of deposit (CD) until you see market conditions that you like. Just remember the first point: don't stay out for too long. That's no way to grow your wealth, or even protect your assets from the ravages of inflation.
The younger you are, the more you need to be in the market. When you're investing for retirement, which is decades away, you can afford to take on some short-term risk in order to catch the long-term rewards.
Recessions and bear markets are an investor's best friends, as backwards as it might sound. As long as you're still looking to make new investments, you really want prices to be as low as possible, and broad market downturns give you plenty of that. Let the good times roll, but not until you've funded your nest egg. Buy low, then sell high-that's the way to riches in your golden years.
By:
Anders Bylund - MortgageLoan.com
Friday, February 11, 2011
Mortgage Rates Slowly On the Rise
It's time to say hello to 5% loans.
The national average interest for a 30-year, fixed-rate mortgage surpassed 5% for the first time since May 2010, according to Freddie Mac's Primary Mortgage Market Survey.
During the week ending Feb. 11, rates averaged 5.05%. That factors in an average of 0.8 points in fees that the average borrower paid to lower his or her rate.
And rates quoted by Bankrate.com -- which look at loans not backed by mortgage giants Fannie Mae or Freddie Mac -- spiked to nearly 5.25% in the past week. (This index has been popping under and over 5% since early December.)
"That's a pretty appreciable increase and the pressure is upward at the moment," said Keith Gumbinger of HSH Associates, whose own barometer of mortgage rates has been rising quickly as well.
These rising rates will most impact those trying to refinance, rather than those trying to buy. Homebuyers tend to focus on other aspects of the purchase, according to Gumbinger, like whether they like the home and, especially, home prices.
Housing markets: Best recovery bets
"The interest rate is not the key issue for buyers," he said. "Increases do not produce a huge deterrent."
For one thing, prices tend to decline a bit in response to higher rates, which offsets some of the increase. For another, most buyers could absorb the additional $29 per month that the recent interest rate jump would produce.
The rising rates can give a temporary boost to home sales because waffling buyers to get off the fence thinking it may cost them more to delay.
This week's rate bump comes in a time of uncertainty surrounding the future of mortgage lending. Washington is mulling over the future of two government-backed mortgage giants. The two companies, plus the FHA, support the vast bulk of all mortgage lending.
"If you're thinking of buying a house, you're probably better off buying in this reasonably certain lending environment than in the rather uncertain environment that's coming," said Gumbinger.
Source CNN Money
Wednesday, February 9, 2011
ATL is one of the highest foreclosure markets in the U.S. Is this GOOD or BAD?
Finding a foreclosure can sometimes be a sweet deal or a money pit. Please be careful if your interested in buying a foreclosure for the first time. Novice investors can be quick to make hasty decisions, which may lead to buying a bad investment. I can't say this enough. DUE DILIGENCE! As a novice investor, its recommended that you partner with a savvy investor, talk to a real estate consultant, or hire a knowledgeable agent whose familiar with the foreclosure market.
TIP: The best way to find a steal is to work directly with the asset manager at the bank before the property is even released to the public.
At the moment, Atlanta has one of the highest foreclosure markets in the U.S.
Is this GOOD or BAD?
Well, I would say it depends on which side of the fence your on.
In the past, the term foreclosure was a forbidden word. It was an embarrassing and shameful situation for most. In today's market, houses are foreclosing at an astronomical rate. People are losing their dream homes, which is still a very embarrassing ordeal, but there are more options available. At one point, apartment communities were in demand. Today, more private owners have made decisions to lease their homes, which have left apartment communities struggling to reach full capacity and forced to offer ongoing move-in specials.
The single family home will always be in demand, unlike apartments. They offer privacy; yards, parking, storage and the neighbors don’t have to know if they are owners or renters. Renters want to have the same lifestyle as homeowners.
As a result of the high number of foreclosures in Atlanta, this has allowed investors to purchase homes .25$ on $1.00. If your looking to invest, incredible profits will be made in Atlanta in the next 10 years. For the younger and middle age investor with time in their favor, building your portfolio now can be an integral part of your future success.
It has been proven, with actual examples, that if leveraged correctly, a portfolio can grow substantially in as little as 10 years. One of the benefits is that this portfolio can grow itself. With normal appreciation after several years the homes can be refinanced, then the money from equity can be used to purchase more homes or retain all your cash and the tenant still makes the mortgage payment.
So, you tell me is it GOOD or BAD?
Wednesday, February 2, 2011
Stunning 3bd condo in West Paces Community!
RENT: $1800
BD/BA: 3bd/3.5ba
STATUS: AVAILABLE MARCH 1ST
DESCRIPTION: Gorgeous condo located in West Paces Community. Located on Howell Mill, minutes from I-75, Buckhead, retail shops, and entertainment. This luxury condo features a spacious floorplan, separate dining/living room, sitting room off master bedroom, two master suites with balconies, harwoods, gourmet kitchen w/corian countertops and stainless steel appliances, jacuzzi tub, tiled bathroom, plantation shutters, washer/dryer included. Community offers gated entry with 24-hr concierge, pool, recreation room, and fitness. AVAILABLE NOW TO VIEW!!
Monday, January 31, 2011
MY NEIGHBORS HOUSE SOLD HOW COME MY HOUSE HASN’T?
There may be several reasons your home is not getting attention. 1st DON’T try to sell your home by owner unless you have a strong marketing strategy. A yard sign and a craigslist ad are not going to cut it! You have to aggressively market a FSBO with online marketing, print ads, and I recommend you list the property on a Multiple Listing Service in your area. When placing online ads please make sure you upload multiple photos. Whose going to consider your property without photos? PEOPLE NEED A VISUAL! Make sure you take good photos. Are you wondering what are good photos? Well, let me tell you what not to do.
DO NOT!
Only photos of the exterior; no photos of the interior
No kitchen and bathroom photos
People and pets in the photos
Only one photo
House not clean in the photo
Outdated and distorted photos
The very first thing people look at when searching for homes online is the photos. PICTURES ARE NOTICED BEFORE ANY WRITTEN WORDS! Most do not read the description unless they like the pictures and of course the price. Don’t lose a potential person of interest because you didn’t have any photos.
If you’re not familiar with real estate contracts, negotiating, or creative ways to market your property, please list your property with a good realtor in your area. It will make the process much easier.
2nd – Is your home priced too high? Don’t just pick a number out of the sky when pricing your home. Verify the comparables in your neighborhood. This is a buyers market. It’s going to be difficult to resale your property at retail price when most buyers are purchasing properties at wholesale prices.
If you’re house is not worth your loan balance, which may be the case, then your faced with some important questions. Why are you selling? Is the mortgage unaffordable?
If your mortgage is unaffordable there are many options available for you.
You may want to consider a loan modification or a short sale. If your reason for selling is not a finance issue, you may want to consider renting. Renting may be a good choice. Place a tenant in your property for a few years and let the market catch-up.
3rd - How does your home interior rate? Important things to remember:
•Decor - Are your walls purple and orange? Purple and orange may be beautiful but you might want to consider changing your paint to neutral colors. It’s amazing the slightest things that can turn people away. Although, paint cost is only $30 a gallon.
•Do your kitchen appliances look like this →
If your kitchen appliances are anything similar to this photo, please UPGRADE.
•Make sure your home is thoroughly cleaned. Hire a cleaning professional if necessary. A stack of papers or boxes piled up neatly in the corner is not considered clean; its still clutter.
•Landscaping – Does your yard look like a wilderness. Please cut the grass and trim the hedges. Everyone will appreciate the effort even your neighbors! Consider planting flowers, fix cracks in the driveway, and if the mailbox is falling over REPLACE IT!
The point is you can’t expect to sell your home without putting in some effort. If you don’t put forth effort people can tell and no one is going to purchase your home especially in this market with so many options available. Please remember these important tips when selling. Make it very presentable. You want people to fall in love with your home. That’s the only way there going to buy it!
DO NOT!
Only photos of the exterior; no photos of the interior
No kitchen and bathroom photos
People and pets in the photos
Only one photo
House not clean in the photo
Outdated and distorted photos
The very first thing people look at when searching for homes online is the photos. PICTURES ARE NOTICED BEFORE ANY WRITTEN WORDS! Most do not read the description unless they like the pictures and of course the price. Don’t lose a potential person of interest because you didn’t have any photos.
If you’re not familiar with real estate contracts, negotiating, or creative ways to market your property, please list your property with a good realtor in your area. It will make the process much easier.
2nd – Is your home priced too high? Don’t just pick a number out of the sky when pricing your home. Verify the comparables in your neighborhood. This is a buyers market. It’s going to be difficult to resale your property at retail price when most buyers are purchasing properties at wholesale prices.
If you’re house is not worth your loan balance, which may be the case, then your faced with some important questions. Why are you selling? Is the mortgage unaffordable?
If your mortgage is unaffordable there are many options available for you.
You may want to consider a loan modification or a short sale. If your reason for selling is not a finance issue, you may want to consider renting. Renting may be a good choice. Place a tenant in your property for a few years and let the market catch-up.
3rd - How does your home interior rate? Important things to remember:
•Decor - Are your walls purple and orange? Purple and orange may be beautiful but you might want to consider changing your paint to neutral colors. It’s amazing the slightest things that can turn people away. Although, paint cost is only $30 a gallon.
•Do your kitchen appliances look like this →
If your kitchen appliances are anything similar to this photo, please UPGRADE.
•Make sure your home is thoroughly cleaned. Hire a cleaning professional if necessary. A stack of papers or boxes piled up neatly in the corner is not considered clean; its still clutter.
•Landscaping – Does your yard look like a wilderness. Please cut the grass and trim the hedges. Everyone will appreciate the effort even your neighbors! Consider planting flowers, fix cracks in the driveway, and if the mailbox is falling over REPLACE IT!
The point is you can’t expect to sell your home without putting in some effort. If you don’t put forth effort people can tell and no one is going to purchase your home especially in this market with so many options available. Please remember these important tips when selling. Make it very presentable. You want people to fall in love with your home. That’s the only way there going to buy it!
Subscribe to:
Posts (Atom)