Tag: AN

Should You Sell Your Home to an Investor?

Welcome back everyone.

Our real estate expert, Monte Mohr, is withus this morning.

He has sold thousands of homes here in MiddleTennessee.

He has decades of experience.

You want him on your team if you are wantingto buy or sell a home.

Before we get to that, congratulations bythe way! Thank you, Kelly.

Dancing with the Nashville Stars, that wasso amazing! You did an incredible job.

It was way more than I ever imagined it wouldbe, as far as the difficulty factor, but I'm so grateful.

I wanted to thank the viewers today for helpingthis be such a success.

Feed America First is one of the most amazingorganizations I've ever seen.

Every dollar feeds 10 people.

They major their success on Dancing with theNashville Stars with can they feed one million people afterwards.

Right.

This year they hit the highest, 1.

25 million.

That's so great! A wonderful success! I want to thank the viewers for helping megenerate $28,000 as a part of that.

That's over 300,000 meals.

Thank you very much! Everybody, thank you so much.

What an honor.

That is so awesome! Congratulations on that.

Now we have to get back to business.

We have a question; people are asking, sowe have to get to it! Betty in Nashville wrote us and said "Mr.

Mohr, I keep receiving post cards from investors about wanting to buy my home.

They say they will purchase it in 'as is'condition.

Is selling to an investor a good idea? I trust your opinion.

" I've been getting these too! I think everybody gets some of these in themail.

A lot of people do.

My answer is yes and no.

Yes, if they'll pay you a fair price, butmost of these investors are not.

That's what people don't realize.

They're basing their presumed value on whatthey paid for it 20 or 30 years ago, and the values have gone up greatly.

I say yes, if they'll pay you fair price.

I sold one to an investor recently.

They paid a maximum price, because they plannedon holding it and not flipping it.

If they're flipping it, please don't.

For over 30 years, I've been selling homes.

I used to write for The Tennessean; everySunday I'd have an article for The Tennessean.

I've condensed those articles into a hundredpage book that I promise every question you can imagine is answered in this book.

I promise that if you'll get this book, andI want to offer it for free today for the first 10 callers, you'll get more for yourhouse, in less time, and with fewer hassles.

I promise that.

That's the commitment I make today to theChannel 4 viewers.

You have absolutely nothing to lose everybody.

If you would like to give them a call, here'sthe number – it's 615-636-8244 and the first 10 callers will get the book for free.

So give them a call! You can also find Monte online at TennesseeDreamHomes.

Com.

You can give him an email, shoot him a question,at MonteMohr@Yahoo.

Com.

Thank you so much for coming in.

Thank you.

And thanks for what you did for Feed AmericaFirst.

It was a real blessing.

That's huge, and you were great.

Thank you, and thank you for encouraging mein the process.

Of course!.

Source: Youtube

The Best Time of Year to Rent an Apartment

What is the best timeof year to find tenants for your rental property? That's today's video.

Let's dive in.

Hey, everyone.

I'm Clayton Morris.

I'm the founderof Morris Invest, and I'm a longtimereal estate investor.

Today I want to talk to youabout the best time of year to find tenants foryour rental property.

Now you think the winterwould be a bad time to find tenants for yourrental property, right? We get that question a lot.

Well, should I be concernedin February or March about getting tenantsfor my property if it's so cold outside? Will people want togo out in the snow to come and see your property? Is August a better time? Is the summertime a better time? The answer is frankly,it doesn't much matter.

Obviously, the holidays could bea little bit of a slow period.

Right around Christmas,people aren't going to want to moveand pack up boxes right during the holidays.

However, right after theholidays, and right before tax time is the besttime to find tenants for your rental properties.

Why? Think about it for a second.

Why would that be? Why would that be? Well, refund checks–refund checks– if that's what you said,then you're absolutely right.

And what we find happens is thatmany people want to front load the amount of rent they can puttowards their rental property.

So a new tenant wants tomove into the property, loves the property,and they know they're in competitionwith another tenant.

This is what happenson our properties we get into– I don'twant to say bidding wars– but we really can take the creamof the crop on our properties.

So the person that'sable to put up five months, sixmonths worth of rent and to move into thisproperty, chances are, they'reprobably going to get picked to rent the property.

And why can they do that? Because the tax man– sothey're going to get money back from the government,typically, and they're going to get a big nicecheck from the government.

And rather than spendingthat money on things they don't need, theywant to front load the amount they canput down on their rent.

And very often, we'll gettenants in March, and April, and frankly, February,because people want to do their taxes earlyso they can get those refund checks– they will put downfive, six, seven, months.

We actually had someone paytheir whole year's rent in one fell swoop thanks totheir refund check.

So the springtimecan be a great time, and the winter timeright after Christmas can be a fantastictime to get tenants into your rental properties.

So don't fear the winter.

Old man winter isnothing to fear when it comes to rental properties.

I'd love to hear yourthoughts about today's video.

You can leave some commentsin the thread below.

You can also subscribeto my channel– the big red button– thebig red Subscribe button.

Just click on it,and join our channel.

We publish videos everyweek– multiple times a week.

And our goal with this channelis to really provide you with fantastic informationon how to become a landlord and learn about creatingpassive income and cash flow in your life throughrental property investing.

There is nothinglike it– nothing– trust me– absolutely nothing.

Go out there.

Become a real estate investor.

And take action.

We'll see on thenext video, everyone.

Source: Youtube

Rent A House Or An Apartment In 3 Easy Steps

Hi my name is Edgar Mercado and in this videoI'm going to give you the three easy steps you need to take when looking to rent a houseor an apartment and save time, money, and headaches so.

Stay tuned! Step 1- find home or the apartment you'relooking for.

Searching websites such as rentals.

Com or zilllow.

Com provide you with a big listof homes or apartments that are for rent in your area.

The only bad thing about this isthat most of these websites are not updated often enough and therefore have a lot of outdatedinformation so you need to be patient and take some time to make phone calls and makesure that the home you like is still available.

Step number two is by far the most importantstep.

If you follow these steps it will save you time, money, and a lot of hassle.

Here'swhat you need to do: First, Obtain a copy of your most recent creditreport.

I know there are websites such as credit karma.

Com and others where you canget you a free copy of your credit report.

Just be sure that it is free and that youwill not get charged later down the road.

This way you can use this copy with everyone of the places you apply for a lease without being charged $25 or so for every time youdo.

Talking about your credit report, Please note that while you may or may not have anexcellent credit, it will not ultimately be the deciding factor to obtain the lease agreementsigned.

What landlord's and homeowners renting their property are looking in your creditreport is any previous evictions you may have on your record.

It may also be a good ideato have another person cosign with you but understand that if you fail to pay your renton time it will also affect the person that is cosigning for you.

Next, gather all your most recent paystub's as well as the history of your previous residenceduring the past 3 to 5 years.

Have at least 3 to 5 references of people that know youand can be called to be asked about you.

Finally, bringing and already filled out rentapplication and your checkbook.

I put A link to one you can download in the descriptionbelow.

By doing this are showing that you are prepared and you're not there to wasteanybody's time.

Step number three, be honest and willing tocompromise- When you find a rental you love, make sure“not to ask for any special concessions,” Many prospective renters make the mistakeof asking if the security deposit can be divided into payments over the first few months orif the rent could be lowered, or if they can be allowed to have pets when there is no petsallowed.

Considering that the landlord may have already been on the fence about acceptingyour application, asking for special circumstances may make him decide you’re too much of arisk.

“Ultimately,” it is the owner of the propertywho must decide if you are the best fit to live in his property.

So make it easy on yourselfand have all of the above ready and get out on the hunt.

I guarantee your applicationwill stand out from all the others because you are showing that you are prepared andready to moving in.

Thank you so much for watching! I appreciateit! If you like this video please be sure to like, comment, and subscribe to my channel4 more real estate related tips and as always "let's make home happen!.

Source: Youtube

HOW TO FIND AN APARTMENT + RENTAL TIPS

– Hey so it's been requestedof me to make a video on how to find your first apartment.

Well well well well, I am veryqualified to talk about this because I'm a rebel without a cause and a curious George so I'vemade quite the decisions in my living spaces over the years, and I've mad a lot of mistakesas people can call them, but I don't call them mistakes because they built character, and I am gonna share them with you.

So maybe finding an apartment can be a smoother experience for you.

Top ways to actually look for an apartment is you can do word of mouth.

That's number one.

So if you know someone who lives in an apartment already ask them.

They're going to be yourmost knowledgeable source and they're gonna be superduper honest with you.

So ask them who their building manager is or who their landlord is.

If they like them, ifthere's other units available in their building.

Ask away because they'regonna be super helpful.

Your number one resource.

An apartment hunter willhave a database of apartments that are available.

So they're gonna ask you questions or have you fill out a questionnaire telling them what neighborhoodyou're looking in, how much rent you're looking to pay, if you have a cat, a dog,you need a washer and dryer.

All that good stuff and they'll plug that into their database and they'lllet you know what pops up.

Now apartment hunterscharge a fee normally.

So find out what their fee is.

It could be 10% of years worth of rent.

It could be 10% of a months worth of rent, or they could charge you nothing, and actually charge thelandlord or management company for finding you for them.

Craigslist is a great resource.

I would look for the apartmentsthat have photos at least, and not just a description.

Or at least a website thatyou can go to and check out some of the units.

I don't think I everhad any luck with those ones that don't have photosbecause there's usually a reason they don't have a photo posted.

Look for property management companies.

So you can Google propertymanagement companies in your city and see what pops up.

A property management company is great because they'll have differentproperties all over the city.

They may have propertiesof different price ranges.

They might have a buildingthat's all studios.

Ones that are one, two bedroom.

So they'll have a lot of options for you.

If you have a neighborhood you like and you're just strollingaround the neighborhood and see a building that looks really cool.

Look on the side of the building.

There's usually a phone number listed and the name of theproperty management company or landlord and the building may even have a management office on site and you could stop inthe management office and see what they have to offer.

Besides how you actually goabout finding an apartment.

Here's some things youneed to know about moving.

You want to make sure your money, your finances are in place.

You also want to evaluate your lifestyle and safety to me is prettydarn important as well.

Let me discuss.

Ideally you want to have agood chunk of change saved because you never knowwhen there's an emergency that's gonna happen, or not to be a negative Nancy, but you could lose your job, and if you lose you job,you still want to have enough money where you'llhave a roof over your head.

Now I'm saying this isthe ideal situation, because I did not have an ideal situation and yeah I still don't so.

Having money saved in case of an emergency is just going to makeyour life so much easier.

It is very stressful living month to month waiting for checks.

So if you have to do it you have to do it but let me tell you it sucks balls.

What kind of lifestyle do you have? What kind of lifestyle do you want? Are you fun, do you wanna livein a really busy neighborhood that's got great nightlife,and bars, and clubs, and social hours, or areyou complete opposite? Do you not wanna be nearany type of fun and bars and you wanna life a library or on a farm? So evaluate your lifestyle and see what will work for you.

Decide what your deal breakers are.

What are your needs and wants? If you have a dog or a cat.

It's probably gonna be a deal breaker if you can't have a dogor cat in your building.

So you need to find a buildingthat's gonna allow you to have an animal and do note that you will pay a securitydeposit for your animal.

Just so you know.

If there's no laundry in the building.

If there's no laundry in the unit.

Are you okay with going amile away to a laundromat to wash your clothes? If you get a package, is theresomeone to get it for you? They're gonna leave it on the doorstep? Someone gonna steal it? Make a list of whatyour needs and wants are and then write a list of what your absolute deal breakers are.

So that's going to helpyou narrow down the process of what you're looking for.

So there are websites that will tell you the crime rate in the neighborhood and how walk able and stuff it is.

I'm gonna leave those downbelow in the comment section because I want this processto be easy for you guys.

Moving is stressful enough.

So if I can make this process a little bit more streamline for you thenthat'll make me feel okay.

Lifestyle, needs, wants,deal breakers, and safety.

Once you reach out to one ofthose resources I've given you.

To actually view an apartmenthere are some things you want to look for whenyou go and venture out.

You wanna go during a time of day where it is on and poppin'.

If you go at 10 AM, theneighborhood's probably going to be peaceful and everythingis gonna look fine and dandy.

You wanna go in the middle of the day closer to the evening whenpeople are coming home from work.

They're off work.

You can see how loud the neighbors are.

You can see how crazy the neighbors look.

You could see what theparking situation is like when everyone's home.

You can see a lot if yougo at the right time of day to look for an apartment.

If you see other peoplethat live in the building.

Do go up and ask.

Do you like living in this building? And a lot of times theywill tell you the truth.

They will tell you becauseif they don't like living in the building they're gonna tell you.

They are not gonna haveany qualms about being like it is loud, you know watch out for him, up the street this.

And again if they like it they'regonna rave about it to you so don't be afraid to goup to someone and ask them what they think.

Some things that you should look out for when you actually go view the apartment.

So you're either going tobe viewing an apartment that someone is still living in, but they're moving out soon and they're showing their apartment.

Or you're going to endup seeing an apartment that's already vacant.

You might even see anapartment that they use as their show apartment.

So no one lives in it, it's just for show.

So keep in mind with the show apartments that your actual apartmentunit may not look like that.

So you need to find outwhat your actual unit would look like andpreferably you wanna see it.

Now, wanna make sure yourcellphone works inside of the apartment.

So do make a phone call andsee if you have good reception.

Do flip on the water.

Like if you have sucky water pressure.

It's gonna suck bad foryou to take a shower.

Sucky water pressure is a no no.

Open the windows.

Windows can look beautifuland you open them up and there are bars on them.

There's practical things that you can do just to give you some ideasof things I've learned.

Is there a sprinkler system? Also pay attention to the lease.

You know if you're lookingfor short term lease or a long term lease.

Leases are usually a one year at a time.

Rent usually rises ever year so be prepared for a smallincrease in rent every year.

I hope this video wassuper helpful for you and happy apartment hunting.

Vets, leave a commentfor the newbies below.

Let them know anything I left out or anything that might besuper helpful for them, and newbies, leave me a comment as well.

Let me know what you think.

Find me on other social media.

I'm on Instagram, Facebook, twitter, and subscribe to this channel.

I'll see you guys next time, bye.

Source: Youtube