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why we love duplexes

Advantages of owning a duplex

Duplexes are a great start for those who are interested in investing in real estate. And, a superb (yet out-of-the box ) strategy for first-time buyers. Duplexes are unique, and can prove to be a winning proposition!

 

  1. Affordability

Duplexes are usually more affordable since they are often found in more “ds”. A duplex can be a great start for you if you are looking to buy a bigger home in the near future. Also, you get rental income which helps pay off the mortgage.

 

  1. Get help with your mortgage

As I mentioned above, you can use your rental income to pay off the mortgage much quicker making it more affordable. This is one of the greatest advantages when owning a duplex which is why it’s appealing for new or seasoned investors.

To help paint a picture, let’s say your mortgage payments on the property is $1,500 per month. You rent the other half of the property for $950 a month, which leaves you only paying only $550 a month! If that isn’t turning some gears in your head then I don’t know what will.

 

  1. Live in one side, work from the other

If you’re an aspiring entrepreneur who want’s an affordable work space why not work from next door? Living next door to the office can save you time and money in the long haul. Say goodbye to the long hour commute.

 

  1. Use the second unit for family

If you have an older family that need close attention, a duplex arrangement might be a great solution. You can all have peace of mind knowing your just a door knock away. Another idea, rent it out to a family member who’s just graduated from University but can’t quite afford their own place yet. Not only will they be thankful but helping family and friends is one of the most rewarding feelings.

 

  1. Airbnb

We’ve all heard of it but does it work? There are numerous investors (new and experienced) who are taking advantage of the Airbnb platform. Having the ability to rent out half of your property for a certain time is a win win. Check out how you can take advantage with a quick YouTube search to get started!

speed up your home sale

Everyone wants a speedy home sale

Even though not all is in your control for dictating the amount of time it takes to sell a home, why not prepare and set yourself up for success? Would you like to discover some things that you can control to improve your chances in selling your home faster and for more money? We’ve got you covered!

 

A picture is worth a thousand words

You take pride in  owning your home, now it’s time to show of that pride of ownership. Pictures are worth beau coup bucks when it comes to selling . We understand that smart phone cameras and apps have improved tremendously over the years, but they won’t do your home justice when marketing online! They won’t capture the best light, size  or essence of your home!  We recommend using a wide angle lens with appropriate filters. And, unless you are a phenomenal photographer yourself, it is highly advisable to hire a professional photographer – specifically one that understands what it takes to adequately shoot a property. Your wedding photographer may be  phenomenal at  taking portraits and candids, but actually terrible at shooting a tight space like your powder room.  Remember, you’re competing with other listings in your neighborhood and beautiful images of your home will help make it stand out.

Home improvement (euuuuuhhhhh)

Remember the fence you were supposed to fix? the missing tile in the kitchen back splash? the stain in the ceiling? Well, when potential buyers see these things, they immediately see $$$$$. They start to worry about how much money they’ll need to invest in fixing things up. The peculiar thing is that, realistically, those minor items may not cost much to repair, but once the buyer gets it in his/her mind that your house is a fixer one of two things will occur: 1. they won’t bid on your property 2. their offer will come in lower than you desire. So, it’s time to pick up a hammer and nails, and complete some home projects. If you’re not handy, hire a handy man or contractor – they’ll do the job faster and usually better. If you’re not sure which projects should take priority, we recommend you focus on kitchens and bathrooms, as these will give you more bang for your buck. You don’t have to go all out on this either, minor upgrades can go a long way (think fresh coat of paint or new carpet)

First impressions are everything

When a potential buyer walks up to your house, the outside of it is their first impression. Time to test and see how green your thumb really is! Tend to the garden and clean up the walkway. Add a fresh coat of paint or a new mailbox. Have fun with it. Curb appeal will draw them in!

Make your home feel larger

You can make your home feel larger with little tricks like using lighter paint colors, and adding extra lighting. And when it comes to furniture, LESS is MORE! Bulky or too many furniture pieced make rooms look smaller and turn off buyer. Consider hiring a designer or a staging company bring welcome to home buyers who preview your home. This will help them picture their perfect home set up.

De-personalize

Unfortunately, most  humans do NOT have exceptional visualization skills. And, most buyers fail miserably at visualizing themselves and their things in your property if your home is uber personalized. So, we have to help them  see themselves in your home so that they make offer. This is a good time to take as many pictures off of walls and fridges – Hey, we know you 21 year old son was so cute in his T-Ball trading card , but your buyer would rather  visualize pictures of their family on the fridge. If you’re into really unique art, even as awesome as it may be wise to remove it. This one is touchy, because everyone has their own tastes, but you never know what may turn someone off from bidding on your property.

The price is right

This is probably one of the most trickiest parts when listing your home. You don’t want to price too high or too low. If it’s too high, many potential buyers may skip on even looking at it. If it’s too low, buyer may even see it as an opportunity to go even lower. Analyze the market: what have have homes in your neighborhood sold for? Are your features better or worse? How does your lot size compare to the others? Is it situated in a corner lot? etc.

Hire a realtor

Hiring a professional who knows your market and understands today’s marketing and PR trends is key to creating the buzz and promotion to move your property. And, Not only can a real estate agent help you navigate the ins and outs of the market, but a real estate agent will help you negotiate the best deal possible.

 

Let us at Agent Prolific take care of you and make it even easier for a successful home transaction. We’re really good at what we do. We have a great in house marketing team and partners to help speed up the process. Give us a call if you’re interested in listing your home!

upgrade my home before selling?

Are you thinking about selling your home?

First impressions mean everything, if we give a good first impression the better chances we have landing the interview, getting a second date, its imperative making good first impressions in important situations such as these. The same goes when selling your home, and the first thing most home buyers notice is –wait for it– the kitchen.

uber’s in the HAUS

Should Realtors be worried about HAUS?

 

About a month ago Garrett Camp, co-founder of Uber and CEO of Expa Studios, released Haus, a new digital platform that digitizes the offer submission and acceptance process. Right now the platform is only available in California and

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Real Estate BRE:

Dominion West Properties

CA BRE #01872063

Miguel Contreras

CA BRE #01443317

Neighborhoods

Chula Vista

Bonita

Eastlake

Contact Info

4045 Bonita Rd. Ste 106, Bonita, CA 91902

619.977.6447
info@agentprolific.com

Daily: 9:00 am - 6:00 pm
Sunday: Closed

Copyright 2017 AGENT PROLIFIC ©  All Rights Reserved

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