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