Do's and Don'ts for Getting Started in Real Estate Investing

Are you interesting in investing in real estate? This show is a must listen! See the short list of tips below, but don't miss out on Dave's added advice and tips throughout the show.

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  1. Do consider investing in real estate as a diversification tool.
  2. Don't over-concentrate your assets in real estate.
  3. Do purchase properties in different areas of town.
  4. Don't purchase multiple homes in the same neighborhood.
  5. Do invest in real estate if your cash flow is already strong.
  6. Don't rush through your cash flow projections!
  7. Do research different cash flow models to calculate an accurate cash flow for your properties.
  8. Do compare your potential real estate cash flow to different investment avenues.
  9. Do talk to someone who already owns investment properties.
  10. Do continue to research and learn about investing!

6 Ways to Attract Baby Boomer Homebuyers + Home Value Killers

We have a two part show this week!

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6 Ways to Attract Baby Boomer Homebuyers

How can you attract baby boomer homebuyers to purchase your home? Read the short version below and listen to the show for more details from Robert and Dave!

  1. Highlight the pet friendly features of your home.
  2. Don't shy away from contemporary or modern features.
  3. Space isn't your enemy! They may be downsizing, but they also want space for visiting family. 2-3 bedrooms are ideal!
  4. Make sure all your home maintenance is up-to-date. Boomers want their home to be nice and work right!
  5. Showcase activities and amenities in your community or neighborhood. Baby boomers love to take classes, golf, adventure and more!
  6. Baby boomers love technology. If you have smart home features, do not downplay them!

Home Value Killers

What are the biggest potential problems that could effect your home value? Check them out below!

  1. The history of your home: a non-natural death in the home.
  2. Being close to a cemetery.
  3. The home has been used for a growing operation.

10 Things to Avoid if You Want to Get the Most Money for Your Home

Your house is your largest financial asset! If you want to make as much money as possible when you sell your home, listen to this show! Robert and Dave will discuss the top 10 things to avoid in order to make the most money.

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  1. Don't ignore your agent's advice!
  2. Don't neglect important repairs prior to listing your home.
  3. Don't settle for anything less than professional photography.
  4. Avoid setting a list price that isn't competitive.
  5. Don't be restrictive with your showing times.
  6. Remember to keep the house tidy for showings!
  7. Don't be present for showings or open houses.
  8. Don't let your pet spoil the sale.
  9. Don't review offers with a closed mind.
  10. Don't overlook closing costs.

How to Upsize Your Home Like a Pro

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Whether you're moving into a really large home or you're moving into a home from a one bedroom apartment, we have some helpful tips to help you upsize like a pro!

How do you affordably fill all that new space? And how do you take care of that yard?! We have the answers on this week's show. Take a listen for all the details and check out the short list below.

Tips for inside your home:

  1. Don't buy things just to fill the space!
  2. Start by placing the pieces you already have, and then decide what you need to fill the gaps.
  3. Start with a large piece of furniture and build your style around it.
  4. Place your furniture away from the walls to create natural living spaces.
  5. Don't get hung up on filling every nook and cranny.
  6. Give every room a purpose--don't use extra rooms as storage space!
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Tips for your new yard:

  1. Ask for advice from knowledgeable friends and family!
  2. Schedule a consultation with a landscaper to get you started.
  3. Dig in and get to work!

Don't Make These 6 Pricing Mistakes When Selling Your Home!

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The single most important decision you make when you go to sell your home is the price! Finding the right price can be hard if you don't get advice, you don't know the market, or you let your emotions set the price. The correct information to price your home is out there, you just have to find it! Take a listen to this show and make sure you don't make these mistakes when you go to sell your home.

Common Pricing Mistakes:

  1. Pricing your home based on homes that are "For Sale" instead of homes that are "Sold".
  2. Putting too much value into home amenities. 
  3. Overvaluing home improvement projects.
  4. Pricing your home on what you need to sell it for instead of what it's worth.
  5. Putting too much stake in your home's Zillow estimate.
  6. Setting a price on your home and letting it sit on the market without changing it.

11 Reasons For Sale by Owner is a Bad Idea

There's a few people out there that think For Sale By Owner (FSBO) will save them time and money, but that's not always the case. Before you decide to go FSBO listen to this show and make sure you're ready to take the plunge!

  1. Scams happen and if you haven't protected yourself with the proper paperwork, you're going to become a victim.
  2. Liability is all on the seller.
  3. All the paperwork is daunting!
  4. Sellers can get stuck in a bad deal.
  5. On average, FSBOs sell for less (yes, less!).
  6. FSBOs spend more time on the market.
  7. You lack representation if something goes wrong.
  8. Inspections can be problematic.
  9. Marketing is limited.
  10. Hidden costs can start to add up.
  11. For Sale by Owner will cost you a lot of time.
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Surefire Signs It's Time to Sell Your Home

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Most people don't plan on living in their current home forever, but knowing when the time is right to put your house on the market can be tricky. This week show is all about surefire signs it's time to sell your home. 

If any of this signs resonate with you, give us a call and we'll help you decide if the time is right to get your home on the market! 

  1. You're feeling cramped and you can't add on to your current home.
  2. Your home has too much space.
  3. You are just plain over your neighborhood.
  4. You can't stop thinking about that perfect home down the street.
  5. Remodeling won't offer a return on your investment.
  6. You're out of debt with some cash in the bank!
  7. You've got equity on your side.
  8. The overall market is good!

Market Update + 6 Signs You Might Want to Downsize

During the first part of this week's show, Robert and Dave discuss the current market for Grand Junction Real Estate. Listen to the show for their opinions and follow along with our Monthly Market Stats Report. Next they'll go over some signs that it might be time to downsize + some tips for downsizing. Check out the signs and tips below, then listen to the show for their advice.

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6 Signs You Might Want to Downsize + Helpful Tips for Downsizing

  1. You are retiring.
  2. You are starting to feel overwhelmed with maintenance.
  3. You have a lot of unused rooms in your home.
  4. You are in financial trouble.
  5. You could make big money on your house.
  6. You want to see more of your family.

Tips for Downsizing

  1. Visualize the new space.
  2. Declutter smartly.
  3. Consider getting outside help.
  4. Sell what you can!