Author: Angela Phillips

Best Way To Get Started In Real Estate Investing

When you’re just getting started with a new business venture, especially those that revolve around professional financial investments such as real estate, you tend to make a great deal of errors.

Most people who develop an interest in real estate investment end up looping from one mistake to another for many years, even after devouring lots of ebooks, videos, and training courses on the subject.

What is the missing link stopping most wannabe investors from attaining financial freedom with real estate investments? Why do some people attain massive financial success while some others see not even an ounce of success?

Reasons Why Ebooks And Courses Simply Serve To Mislead You

Some weariless investors have been able to get started on their own and make lots of money, but they are the exception. When you find yourself failing continuously, what you need is a real estate coach.

Electronic books and courses drag you in various directions, but a real estate coach sets you on the right course to success. You gain extensive knowledge from their experience, and through their training, you are able to focus on one goal at a time, which is paramount to success.

They can also recognize mistakes you’ve neglected and guide you on what to do as an alternative. It’s like they’re an instructor, gripping your hand and telling you exactly what to do. With that kind of help, your chances of success increase significantly.

The Only Real Estate Mentoring Program I Endorse

You’ll discover many real estate coaching programs online, all with identical assertions of helping you turn into a six-figure real estate professional in as little time as possible.

Every one of these programs are clearly expensive, so choosing the right one is of vital importance. Choose the bad one and you’ll likely wind up regretting wasting time and cash you can’t really get back.

I’m a successful realtor, and I obtained my training from my mentor, Phil Pustejovsky. Phil Pustejovsky runs the Freedom Mentor Apprentice Program – a program that explains to you the ropes on the way to achieve financial freedom in real estate. Here are some Freedom Mentor Apprentice Program reviews to help you guage the effectiveness of the program.

The Freedom Mentor coaching program is not really a program you can just buy any time you wish. You need to put in an application initially, and you’ll only gain access to the program if your application is approved.

The very fact that Phil Pustejovsky screens applications goes to show how much he wishes you to be successful. He’ll only accept coachable, action-oriented, and positive thinking applicants.

Phil was once an amateur as well. He began from an all-time low and only began to achieve success after he met his coach, Tom.

Since then, he has been able to finalize 10s of millions of dollars worth of transactions while netting millions of dollars in proceeds throughout the process.

If you think Phil’s knowledge will have a favorable effect on your real estate journey, then you have to pay special focus to the following paragraphs as I talk about his Freedom Mentor program in even more detail.

Why Freedom Mentor?

Through signing up to the Freedom Mentor coaching program, you’ll gain access to premium tools and resources to help you finalize your first real estate deal.

These consist of access to a lender list, an instruction/lead-generating software to help you get deals quicker, and a personalized investing strategy.

That’s not all, though. You’ll also receive 3 live coaching calls monthly with Freedom Mentor’s instructors, 2 conference calls weekly, and the capability to ask questions as well as instantly receive responses from the coaches through an instant message platform.

There are a couple of really good attributes of this mentoring program which allow it stand out from the competition. The first feature is the array of experienced mentors and coaches it incorporates.

You won’t have access to just Phil Pustejovsky’s mentoring once you become a registered member. Freedom Mentor is composed of a team of mentors and coaches directly taught and mentored by Phil.

These are the coaches you’ll be getting help from. You’ll get access to a consolidated pool of knowledge and experience from some of the leading coaches in the field.

The second feature that makes this program so impressively effective at assisting aspiring realtors gain success is its 50/50 split.

This essentially implies Phil shares every one of his priceless real estate tricks with you, and you share 50% of the profits from your first few deals with him.

Once you’ve closed your first couple of deals, you can then carry on to become an independent property investor, equipped with all the insights you’ve obtained from the mentorship program.

If you possess a talent for teaching or coaching, you could even establish your very own mentoring program and show your apprentices the actions needed for success just like Phil does.

A few of Phil’s previous students are currently managing their own mentoring programs after turning into successful real estate investors.

Note: I know the program offering adjustments from time to time as they continue to refine it and improve it. Nevertheless, this is up to date as of this writing.

Conclusion – Action Takers Desired

The Freedom Mentor coaching program is tailored towards folks who are 100% dedicated to becoming successful real estate investors. If you aren’t prepared to treat real estate investing just like a business, this program may not be for you.

The tools, resources, and mentoring offered in the program are more than enough to set you on the best path to financial freedom.

Since you’re sharing your first few returns with Phil, it is really in his benefit to help you succeed, and you have as much determination to accomplish just that. It’s a mutually advantageous arrangement, therefore you practically can’t go wrong if you put in the effort and time to make this work.

Overall, the Freedom Mentor program is the best means to get started in real estate investing. You’re getting all the help you want from a professional in the business. There’s really nothing more you need to make your real estate ambitions come true.

Top Things To Be Careful About Prior To Home Purchasing

If someone is eager to sell their property, they may keep a few defects hidden. It is unfortunate that if you were to hire a professional inspector for each viewing, it would get incredibly expensive. But don’t worry because a potential buyer like you can do a bit of inspecting yourself and here are indicators showing what house to avoid buying.

The first thing is that you must think twice before you purchase a “fixer upper.” It is certainly true that these properties seem very interesting because they are so affordable. Many times, we believe that we can fix the problems ourselves. In reality, however, they are often things that must be done by qualified professionals. The price you pay for these professionals may be a lot higher than you had budgeted for initially. Next, you must be careful with properties that have modifications made that are clearly DIY. With all the best intentions, things that have been done without professional help can look great, but are often full of problems.

Then, you must look into historical problems that may have caused problems that simply cannot be repaired. These things include water damage, pest damage, asbestos, mold and faulty wiring. But it often takes a professional eye to actually spot these problems. It is possible that the present owners do not even know that these issues are there. In the cases where they do know that these issues are present, they may take steps to hide them. It is incredibly easy to hide these significant issues through simple things such as cleaning and switching the power off. To find out whether these issues are there, you can organize a professional home inspection, but you can also speak to community members. They can tell you about the history of various properties in the area. Generally speaking, major problems like pests, water damage and mold will occur in more than one property.

The bottom line is very simply that a home should never be bought unless a professional inspector has given you the green light. The information above, therefore, is not designed to help you decide whether or not you want to buy, but rather whether or not you want to have it inspected. If there are any existing problems, you may want to consider not buying the property at all, or asking for a very significant discount as you will have to invest in the repairs sooner or later. Do also consider the opinion of your home inspector. The goal of professional home inspectors is to make sure that you can truly get your dream home, and not some sort of money pit disaster.

Step-By-Step Uncomplicated Advice When Thinking Of Selling a House

Step-By-Step Straightforward Suggestions When Thinking Of Selling a House

Lots of folks are investing in real estate because they really want to earn more money in the future. If you could buy a house for a certain price today, it is going to be more costly in the next couple of yours if the real estate market will be stable. However, you should also think about how challenging it is to sell a house. You can see tons of articles saying that they could actually sell a house quickly or there are advertisements that could tell you that they can sell it in a few weeks or months. You could bring the price down, but this is not the right thing to do.

Today in the real estate market, the supply completely surpasses the demand, but you can find different techniques to sell your house efficiently. We’ll offer you a few simple recommendations on how to do this.

Take a look at the Curb Appeal of your home

First impression lasts so your house should give the customers an excellent impression once they see its exterior. You may put yourself in the shoes of the customer and see if the curb appeal of your house is good enough to draw in buyers. You need to figure out if the house can offer an excellent impression to possible buyers or it needs maintenance.

The prospective buyer will first see the exterior of your home and you should know that they always pay attention on how the house looks outside. You must get everything ready in the house and fix everything.

Make Improvements To Your house

Making improvements in your property is a must if you want to draw in the customers. You have to enhance the interior and outside of the house so it could be visually appealing to the possible buyers. If you’ll sell your property, you need to check everything that needs to be fixed and make upgrades. Even so, you should not over improve since there are upgrades that won’t really make a difference.

Upgrades will undoubtedly enhance the value of your house along with its odds to be sold, but you can’t make enhancements that will not pay in the end. You must make your research and invest in things that would provide the best return.

Get rid of Personal Items and Displays

When you say clutter, these are the things that should not be inside the house when you’re selling it. You must eliminate all your personal items, collectibles and art works because it won’t help in selling your home. Eliminate all of these things and leave out the essential furniture to make the rooms a bit bigger. The main aim of doing this is to help the buyers visualize what they want to do in your house once they bought it. Once they are inside the house, they will begin visualizing what they really want to add so take away the unneeded and personal items in your home. It’s going to be quite tough for them to do this if your personal items are inside the house.

Place a Competitive Value for The House

If you wish to sell a home in Henry County, Georgia, you will need to put a competitive value for your home. It you’ll actually place a lower price, it’s the same as leaving money on the table, but putting a high value is a not a good suggestion either since the buyers will overlook it.

With regards to home buying, the buyers will always take a look at the homes that are similar with yours and they’ll compare the costs. If your house is pricey, they will not think about it as one of their options.

You have to understand that most buyers are only depending on home financing so they will not be choosing a house that is very costly. It’s true that placing a low price will help sell your house quickly, but your investments will not be returned to you.

Locate A Real Estate Agent

You are certainly making a mistake if you actually believe that you may sell your house on your own. You do not have the experience and knowledge that a professional real estate agent have so it will not be a good idea to sell the house by yourself.

If you’ll choose to do this on your own, it is feasible that you will not be able to sell your house or you’ll get a bad deal for this. You can actually get fortunate and find a great deal for your house, buy you can’t always rely on luck when it comes to this because we’re referring to a lot of money.

It is best to hire an agent and allow them to deal with everything. You’ll need to pay them, but it’s always better than acquiring a bad deal for the house.

Before you opt to sell your property, you should think about all of these simple ideas so you won’t make a mistake. The real estate market is very complicated so you must know anything and everything about this before you sell your house.

Looking To Purchase a Specific House? Don’t Jump The Gun Quite Yet. Here Are Some Questions That You NEED To Ask Before Submitting An Offer In On It

When you start looking at a specific house very seriously, you should also get serious with your questions with the seller. There are questions that you should ask that are very important. Never be afraid to ask a question; the worst they can do (and sometimes will do) is not answer it, or lie. 

Is anything wrong with the home? You must find out if there are any problems with the house. Read the disclosure statement carefully. Sellers are legally required to submit a disclosure statement that informs buyers about the home’s current condition. It also protects the seller against any future legal suits that the new owner might try to make if problems arise after the fact. Sellers must disclose things such as lead based paint, Chinese drywall, flooding, termite history, and problems with major appliances for example. However, because there might be some problems that the seller isn’t legally required to need to ask them frankly: is there anything wrong with the house that I should know about that isn’t written on this piece of paper.

Have there been any issues with the house in the past? Sellers have to tell you about anything currently wrong with the house, but they do not have to tell you about past issues. However, its important that you find out this information because usually a past problem can be a recurring problem that you can expect to see when you own the house later on. They may have fixed the roof, but maybe they just patched it. Maybe there are mold spores in the attic from the roof leaking. Ask the seller if they have ever had to repair anything, what it was, and how it was repaired.

How old are things in the house? For example, when was the roof last replaced? Roofs usually last between twelve to sixteen years. So you need to find out the last time work was done to the roof. If the roof is already at 11 years old, you can expect to pay a few thousand dollars to replace it in the next few years to come. You should also ask about the AC system(s), water heater(s), septic tanks, and the plumbing systems.

Has the home had any notable repairs or re-modeling done? And, by who? This is an important question to ask. You not only want to find out what major problems have gone on in the house, but you also want to know who they were repaired by. It can not only affect you financially, but also health wise. What if the electrician that fixed the faulty wiring is unlicensed and a fire starts in your house? Worse yet, maybe they tried to DIY it. Find out if the seller can show you building permits for any of the repairs or renovations that performed if they required one. If they can’t show you the building permit on a renovation that required one, bad sign. You can also check with the local building department; if you still can’t find a building permit, something shady is going on.

What is your favorite thing about living in your house? This is a good question to ask simply for your benefit. You can find out the good things about the neighborhood, the bad things. What great restaurants there are, and where they are. Which gyms are good, which ones are bad. Which neighbors to watch out for, and which ones are friendly. You should ask the seller what they love about the area and what they don’t.

Think Mold Can’t Happen To Your House? Think Again. Here’s How To Stop Mold In Its Tracks, Before It Ever Has The Chance To Grow, And Infest Your Home

Mold needs moisture to feed off of in order to grow. The materials mold can grow on are endless. However, some of them are building materials, drywall, wood, clothing, or carpets. It can even grow on plants. Mold actually can, however, be controlled. The way you can do this is to be sure that there is not enough moisture in your home for it to grow. Know that moisture takes 24-48 hours to grow, so if anything ever gets wet, you should clean it up right away or at least within a few hours. Never let any wet clothing or wet carpet stay wet for a long time. 

Leaking pipes, roofs, or walls are known to cause mold. One thing you should always be sure to do is keep the exhaust fan on and/or a window open in the bathroom. The steam and water create enough moisture for mold to grow, for sure. If you ever see any leaks in the house, fix them right away. Condensation is another concern. It is actually one of the main causes of moisture growth. The way condensation forms is when water vapor in the air cools down and turns into liquid. It can happen on water tanks, concrete, or pipes. The best way to control this is to keep the rooms warmer rather than cold. If some rooms get colder than others, keep the door open so that air can flow.  

What you want to do is be sure that the humidity in the home is low. If the humidity is high enough, that is when mold will start to grow. In order to reduce it, you need to ventilate the house. If you are cooking in the kitchen, keep the window(s) open. If you are in the bathroom, keep the exhaust fan on as mentioned above. You can also purchase a dehumidifier which can and will make a big difference when it comes to combatting mold before it starts. 

You MUST be sure to put your clothes in the dryer right after the wash finishes. Otherwise, mold will start to grow on the clothes. Mold is very toxic and can be harmful to your health. Never let your clothes sit out wet for long periods of time. Cotton and wood are two other favorite materials of mold. Mold can actually grow on plastic, too. Always remember to dump out your tupperware from the fridge if food is old.

You should periodically inspect your wallpaper, plaster, furniture, ceilings, or carpets for mold. These are also common breeding grounds. This may surprise you, but 83% of mold grows off of dust by itself!

Termites Are Pesky Bugs That Are Near Impossible To Get Rid Of. Here’s How To Protect Your House From a Potential Termite Infestation

If you own a home, it is very important that you protect yourself against termite damage, something that causes billions and billions of losses around the entire world. Termites are tiny, tiny bugs that travel in packs, eating whatever wood they can. They can cause more damage, faster than you can imagine. This is why it is crucial to take any and every precaution you can when it comes to preventing termite damage to your house. 

Well, the first thing you can do to prevent termites is obviously to have your home inspected regularly by a termite or pest professional. Many people do this once a year, but depending on the climate and location of your home, it may benefit you to have your house checked twice a year. If you’re considering purchasing a house, definitely make sure that the house is 100% termite-free.

One thing you should know about termites is that wet environments are their favorite, and they thrive off of them. This is because they live off of moisture in order to survive. You’ve got to make sure that there are no broken pipes in your home, even in the structure. Otherwise, you can definitely get a termite problem. Termites can fit through absolutely any small crevice. It is very important that all tiny openings and cracks on the outside and foundation of your home and fully closed and sealed.

Chemically treated wood does actually decrease the chances of getting termites. This is why if you are building a house, or remodeling, you should use termite-treated wood. You don’t have to, but you are a step ahead in preventing termites if you do. If you choose to build a patio, be sure that the wood is not in direct contact with the ground. 

One of the best things you can do is be sure to not store wood or cardboard outside. Termites absolutely love old firewood, so take note. Make sure that any old wood you plan to use again is covered properly, and definitely be sure that it is not placed directly near your house.

While it seems convenient to have it close to your house since you use the firewood frequently, what’s more inconvenient is moving out of your house to fix a termite problem.

Want to know one of termites’ favorite things? Mulch! If your yard has mulch, just be sure that it is at least six inches away from the foundation of the house. Otherwise, the moisture will build up on the siding and create tiny crevices for the termites to get into.

To Be Able To Communicate Properly With Your Real Estate Agent When Buying a House, Here Are Some Styles Of Houses That You’ll Need To Know In Order To Explain What You Are Looking For

One thing that really frustrates realtors, is that when they ask their client what kind of house they are looking for, they don’t know how to pinpoint exactly what style it is that they want. They have hundreds of ideas in their head of homes they’ve seen that they like. But they don’t know the actual names for the style of house. In order to be able to explain to your agent what you’re looking for, it would be very helpful to he or she to be able to name the style that you are going for in a new home.

Cape cod homes are always a one story cottage. They have ample attic space, and the window placements on the exterior of the house are always very symmetrical. They have paneled front doors with dormers. This style cottage is similar to the Colonial Revival style which was popular throughout the 20s to the 40s. The homes were always shingled, and they are either made of stucco or brick. 

Neoclassical homes have porches with giant columns which are either Corinthian or Composite. They also are closely related to Colonial Revival homes. Neoclassical homes came about when Roman and Greek architecture became popular again.

Tudor Revival homes have steep gable roofs with casement windows; sometimes the panes are diamond shaped. The bay windows are usually partially hexagonal, and the walls of this style home are always stone or stucco.

French Revival homes have steep roofs as well. They also have flared eaves, and brick on the exterior (though sometimes stucco or stone). Soldiers in France during the first World War saw many homes of this style in France. This style was actually one of the most notorious in the 1920s. 

Spanish Colonial Revival homes have very low red-tile roofs, arched windows, and an overall asymmetrical look to them. The exterior is always made of stucco. The style was very popular after World War I, and you can find many homes of this style in the Northeast and Midwest.

Craftsman homes also have low pitched roofs, but they also have bracketed overhangs. A noted feature of this style home are their exposed rafters. The windows and doors are always very long panes, which are vertical. This style actually came from Frank Lloyd Wright’s work at the end of the 20th century.

Modernistic homes have very flat roofs, stucco exteriors, curved or geometric walls, and many glass windows. These homes came out of the Art Deco style. 

International style homes have clean lines, cantilevered rooms, an asymmetrical look, and very flat roofs. This style came from architects in the European Bauhaus such as Ludwig Mies van der Rohe and Walter Gropius.

Ranch style homes have garages, low roofs, an asymmetrical look, and are always single-story. They are somewhat based on Spanish style homes in the Southwest. The ranch style home was actually one of the most prevalent style of homes in the 2nd half of the twentieth-century.