Thursday, October 10, 2019

Ready to Sell Your Home?



Real Estate Matters with Tim Bro

Ready to Sell Your Home?

You probably have two questions:

How much can I sell for?
How quickly can I sell my house?

Determining the market value of your home is complex and working with a local market expert like Tim Brodowski can help you determine the right price to get you top dollar when you’re ready to sell.  You don’t want to leave money on the table, but you don’t want to overprice your home either.

Some key factors in market value include:

·         Location
·         Lot size
·         Square footage
·         Up-grades and renovations

Are you looking to sell your home in the next year or so or are you just curious about the value of your home?  Either way – Tim would be happy to chat with you in person.  Tim Brodowski, “The Right Choice in Real Estate” – 858-354-2354.











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Tuesday, October 1, 2019

Helpful Tips for the Real Estate Investor Part 2 of 2



Real Estate Matters with Tim Bro

Helpful Tips for the Real Estate Investor Part 2 of 2

9.     Personal property – what’s included:
There are many different types of personal property (appliances, furnishings, etc) involved in an investment sale.  Make sure you know which personal property items convey with sale.

10.  Have adequate insurance:
Consult with an insurance agent to make sure you are covered!  Tenants and their guests bring liabilities!

11.  Selecting qualified tenants from the start:
Check references from previous landlords, employers, bankers, and credit agencies.  A little work up front can save a lot of your potential problems in the future.

12.  Treat your tenants as customers:
Vacancies and turnovers are your largest expense!  Charge fair rents and attend to realistic tenant needs immediately.  Yes, immediately!

13.  Not renting right:
Too low rent costs money, but it can reduce turnover and can decrease vacancies.  High rent increases cash flow and the value of the building, but can increase the vacancy factor and turnover.  Understand if there is rent control or if there is proposed rent control.  This could severely inhibit financial performance.

14.  Spending positive cash flow?
Apply your excess cash flow to the payment and speed up that amortization schedule.   And/or keep a “reserves” account for maintenance and unexpected events.

15.  Monitor & visit your property:
Do this yourself if the property is local. If located out of town and you have a property manager, have them visit, take pictures, and offer a write up. Frequently!!!

16.  Future Plans:
As you develop a strong equity position and positive cash flow in your real estate holdings, it may be time to leverage it and buy another.  Another idea would be to sell it in a 1031 Exchange and purchase a move up property.  Or … well, the option and possibilities are limitless.

17.  Exit Strategy:
When it’s time to liquidate properties, understand what options are available.

To discuss and review your current holdings and future real estate goals, call Tim Brodowski at 858-354-2354, “The Right Choice in Real Estate”.   










DRE# 01224576

Friday, September 20, 2019

Helpful Tips for the Real Estate Investor Part 1 of 2



Real Estate Matters with Tim Bro

Helpful Tips for the Real Estate Investor Part 1 of 2

1.     Know what your goals are:
Talk to your real estate consultant about cash flow, capital appreciation, tax benefits, management methods, equity pay down, and pride of ownership.

2.     Knowing/checking income and expenses:
Check everything: rent income, taxes, expenses, deposits, lease expirations, etc.  Hype is an epidemic in investment real estate.  Also, factor in reserves for maintenance and unplanned events/issues.

3.     You’re buying a business:
Owning an investment property carries with it great responsibility and potential, along with some very difficult decisions – evicting tenants, who to rent to, whether or not to make certain improvements, etc.  Remember it’s a “hands-on” investment.

4.     Being emotional:
An emotional purchase is not your best investment strategy.  Pay attention to the numbers, not necessarily your heart.

5.     Negative vs positive cash flow:
Understand the cash flow position of each investment property. Are you looking to have a positive cash flow … understand what that entails.  Is a negative cash flow ok … if so, how much is allowable in your budget.  Reminder, factor the up side … depreciation, tax write offs, and appreciation.  Understand your numbers and goals.
 
6.     Ideal loan for your investment:
Here is a stress inducer – long-term investment goals financed with short-term instruments: a classic investment mistake.  My opinion, you should own real estate for the long term; utilizing long-term financing.

7.     Inspections:
Look at every inch!  Hire a professional inspector and ask the tenants questions about the property.  Don’t get lazy on this one!

8.     Read, approve, and confirm all documents during escrow:
Review zoning laws, rental applications and leases, by-laws, easements, title policy, inspection reports, purchase contract, insurance, rules and regulations, trust deed, mortgage, etc.

To discuss and review your current holdings and future real estate goals, call Tim Brodowski at 858-354-2354, “The Right Choice in Real Estate”.   











DRE# 01224576

Thursday, September 19, 2019

Fall Hiking Season


Real Estate Matters with Tim Bro

Fall Hiking Season

Now that the weather has cooled off it’s the perfect time to go on an amazing hike at one of San Diego’s prime locations.  Cuyamaca Rancho State Park is a magnificent park that offers hiking and camping in an oak woodland forest, with a scattering of pines and beautiful meadows with streams.  There are over 100 miles of trails that accommodate hikers, bikers and equestrians.  Popular hikes are up Stonewall Peak and Cuyamaca Peak, both afford breathtaking views of the deserts to the east, the coast to the west, and Lake Cuyamaca at the bottom that offers boating and fishing.

For information about your next home with a breathtaking view, call Tim Brodowski at 858-354-2354, “The Right Choice in Real Estate”.   












DRE# 01224576

Monday, September 16, 2019

Strike While the Iron is Hot!



Real Estate Matters with Tim Bro

Strike While the Iron is Hot!

Thinking about selling your home?  With reduced home inventory levels, and historically low mortgage rates, now is the time to make your move and maximize value.  Remember adding value to your home doesn’t necessarily mean subtracting from your bank account.  The trick is to be creative!

Here are five budget friendly ways to increase the value of your home:

1.    Give your home a fresh look – Painting is an inexpensive and easy way to give your home an entirely different look and feel. Earth tones are the best.

2.    Be your own designer – Go through on-line design magazines and websites to get ideas for your home, keep a file of the designs that appeal to you most.  Be mindful of current design trends and think hard about whether they will work for your home before you put them into place.

3.    Create open spaces – Even a small home can appear larger – get the most out of your square footage.  To do this, use furniture that is proportional to your home’s space, less furniture creates the feel of more space.  Strategically hang mirrors in your rooms to open up the room.

4.    Update your bathroom – Even a small bathroom update can make a world of difference.  Update your fixtures and mirrors, painting, and installing new glass shower doors are easy and affordable ways to make big design improvements.

5.    New fixtures – One of the simplest and easiest ways to transform the look of your space is by updating the light fixtures and ceiling fans. Even on a small budget, you can find cool fixtures that will dramatically improve your home’s style.

To get start with your home sale or purchase call Tim Brodowski at 858-354-2354, “The Right Choice in Real Estate”.










DRE# 01224576

Thursday, September 12, 2019

Southern California Golf Communities



Real Estate Matters with Tim Bro

Southern California Golf Communities

Wish you could start the day by playing a few holes before breakfast?  Or a late afternoon round with family?  YOU CAN!!!!  A home on the golf course in San Diego County may be what you are dreaming of.  The San Diego area is famous for its world class golf courses and some of the most sought after and revered residential communities in the United States.  Whether it’s a coastal golf community in Carlsbad, an estate property in Rancho Santa Fe, an island property on Coronado, or a retirement home in Rancho Bernardo, Tim can guide you thru the process. 

The local golf course communities enjoy the exquisite California weather year round and are the ultimate golf destination.  The home communities are varied.  Some in warmer climate of East County, others in the rolling hills of north county San Diego, and others graced by gentle coastal breezes.  Homes in golf course communities can be condos, luxury custom homes, or smaller retirement homes.  The point being that there is a perfect golf community in San Diego County for everyone.  Let’s go play a round. 

To find the golf course home in the perfect neighborhood for you, call Tim Brodowski at 858-354-2354, “The Right Choice in Real Estate”.   











DRE# 01224576

Monday, August 19, 2019

SRES® - Retirement Thoughts



Real Estate Matters with Tim Bro

SRES® – Retirement Thoughts

1.    Plan for a happy and healthy retirement. It’s never too late to plan and save. Budget for your housing, living expenses, medical, and fun adventures.

2.    Make new friends and keep the old. The happiest retirees Tim knows are those that are active with their family and friends.

3.    Identify the most trusted people in your life. Make sure your legal affairs are in order, ie trusts, wills, power of attorney, and medical decisions.

4.    Right size your housing. Do you want to stay in your home? If so, perform regular maintenance. If you wish to downsize or find alternate housing start with a call to Tim for a consultation.

5.    ENJOY! Have fun and enjoy all that life offers. Do it now, you don’t have to wait for retirement for this one.

To get started with your home sale or purchase, call Tim Brodowski at 858-354-2354, your “Seniors Real Estate Specialist®, where the future takes shape.  







DRE# 01224576

Monday, July 29, 2019

Market Trends - What's Up or Down?



Real Estate Matters with Tim Bro

Market Trends – What’s Up or Down?

What’s up … or down … with the fed and rates? 10 year treasury note at lower rates than 3-month T-bills. Yield curve inversion! So what? Historically that has been one of the leading indicator for a near term recession.

The result is that the fed has actually signaled that rate cuts may be coming. The fed does not directly control home loan rates. However, a Fed move typically has an effect on home loan rates.

THE BOTTOM LINE – We are experiencing a strong economy, resulting in 2- year lows for home loan rates. Great time to buy, especially your golf course home.

If you know someone who may want to buy, have them call Tim Brodowski @ 858-354-2354, “The Right Choice in Real Estate”.  











DRE# 01224576

Friday, July 19, 2019

Mission Valley Delight!


Mission Valley Delight!

2250 Camino de la Reina #6105, San Diego, CA 92108

River Colony Beauty in the heart of Mission Valley. First floor condo with private feel. 2 bedroom 2 bath, fresh coat of paint. Cook up your favorite meals in the kitchen with tile counters, stainless dishwasher, and recessed lighting. Open dining and living room perfect for entertaining family and friends. Community pool, library, and exercise room. Washer/dryer in unit. Close to river walk, restaurants, and shops. Something special for everyone to enjoy!

To schedule an appointment to preview, call Tim Brodowski @ 858-354-2354.


Click here to view 2250 Camino de la Reina #6105 property details.



DRE #01224576

Thursday, May 23, 2019

Tips for the Perfect Photo Shoot!



Real Estate Matters with Tim Bro

Tips for the Perfect Photo Shoot!

1.    It is important to make sure that all areas to be photographed are camera ready before the Photographer arrives. Photographers are not responsible for tidying areas that are to be photographed. They are responsible for taking the best photos that the house has to offer.

2.    For indoor living areas that will be photographed, make sure that the rooms are clean and free of extraneous objects. Turn on as many interior lights as possible to brighten and warm up the room; if there is a dark area in a room, try to add temporary lighting. Natural lighting is always a plus!
·         Bedrooms - Beds are made, pillows fluffed. Nightstands, dressers and vanities should have minimum items visible. Walk in closets should appear organized and tidy. For kids rooms, toys and clutter should be put away. If there are mirrored closets or walls, be especially aware of the mirrors and what they are reflecting.
·         Living rooms – Surfaces should be dust free, carpets vacuumed, and pillows arranged. If there are televisions in the room, turn them on.
·         Kitchens – Minimize small kitchen appliances along with cleaners, paper towels and wipe down all counters and all appliances. The shinier the appliance, the better it will appear in the photo.
·         Bathrooms – Clean shower glass, towels neatly folded and simple as possible. Remove toiletries from view.

3.    For outside areas, make sure to clean and straighten-up. When capturing solid exterior shots, take advantage of the hours with the best lighting.
·         Remove cars from the driveway for a clear shot of the house.
·         Present pool areas in the best light – straighten deck chairs, remove towels and pool accessories.
·         Open patio umbrellas; remove covers on the BBQ and patio furniture.
·         Clear gardens of leaves and weeds.
To get started with your home sale or purchase, call Tim Brodowski @ 858-354-2354, Luxury Property Specialist.   







DRE# 01224576

Friday, April 12, 2019

Stunning Belsera Condo in the Heart of Tierrasanta


Stunning Belsera Condo in the Heart of Tierrasanta

11340 Camino Playa Cancun #3, San Diego, CA 92124

Fabulous Belsera condo. Upper floor unit with vaulted ceilings, soft neutral colors that provide a relaxing, spacious feeling. Open living/dining area with fireplace and slider to patio. Kitchen offers granite counters, stainless appliances, white subway backsplash, and designer cabinetry. 2 bedroom and 2 full bath. Raised panel doors throughout. Remodeled master bath with spa-tub, built in vanity, and walk-in closet. Attached 1 car garage and 1 carport space. Community pool/spa. Close to Mission Trail Park.

To get started with your home sale or purchase, call Tim Brodowski @ 858-354-2354, Luxury Property Specialist.   










DRE# 01224576



Friday, March 29, 2019

5 Stress Relieving Tips for First-time Homebuyers



Real Estate Matters with Tim Bro

5 Stress Relieving Tips for First-time Homebuyers

Moving into a new place is both exciting and challenging, and that is especially true if it’s you first time as a homeowner. Instead of allowing the process to overwhelm you, keep some tips in mind to help navigate through this exciting journey in your life.

Don’t Proceed Alone
You don’t need to take on the process of searching for and buying a home without assistance. Maintain contact with your realtor Tim Brodowski throughout the process. Tim can assist you in searching for the perfect property.

Open Your Mind
Right now, you may have a list of all the features that you want in a house. You may have decided that you will only live in the community with the lowest crime rate and the best schools. Keep in mind that all of these desires cost money and you probably do not have an unlimited budget. Instead of maintaining such a myopic view of your new home, open your mind to the possibility of making some concessions.

Define Your Financial Ability
Opting for a pre-approval is a good idea so you know how much of a loan you can receive approval for. Once you obtain that amount, you might decide to spend the maximum amount. Doing so will likely prove uncomfortable for your budget. If you or your partner lost your job, you might not have the ability to keep your house at all. Try to start small with your first house purchase and avoid spending money beyond your means.

Take Your Time
Once you decide that you are in the right place to buy a house, you might be so eager that you rush through the process. Weigh the pros and cons of each house you look at. If possible, plan an adequate amount of time around the buying process to ensure that you have considered all you best options.

Prepare for Other Expenses
You need to find out if you are expected to pay closing costs upfront or if you can roll them into your loan. Sometimes, the sellers may agree to pay for some of the closing costs. Not only do you need money for these expenses, but you’ll also need to cover other costs that are associated with moving into a new house.

Buying your first home can be both terrifying and wonderful all at once. Be prepared to invest in a financial investment like this by working with a professional like Tim Brodowski and making smart decisions. If home is where the heart is, allow yourself the time and care in finding the best possible place for you and your family.

To get started with your home sale or purchase, call Tim Brodowski @ 858-354-2354, Luxury Property Specialist.   












DRE# 01224576