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Showing posts from January, 2011

Investing is Serious Business: Tips to manage by - don't discount these management controls

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Helping you understand and manage home improvements and investment projects for you. The first thing to remember is whether you are planning  a small home improvement or a large multi-unit apartment building development planning will be the key to your success. You will need a basic information management structure to keep your project on track.  Your EAGA project concierge will help you to: identify your project's design parameters establish your quantities and takeoffs establish a schedule for your project identify qualified contractors to work on your project evaluate your contractor's approach and schedule to complete the work These are just a few quick  hints of what you can aspect from your concierge. Design Plans  – On smaller investments and home remodeling projects design and layouts are critical to a success plan. We'll help you design and coordinate this effort. The Quantit...

So You're Ready to Buy: Simplified list of forms and brief explanations

So you’re ready to buy a property and not sure what you need to do to get started. This article list the required documents and gives a brief description of how they are used. The order in which the documents are signed is not as important as understanding the role and purpose of each document.  We prefer to set up what we call a “ Signing Appointment” with our clients.  The “Signing Appointment” is usually in a relaxed and comfortable environment, typically selected by our client. Consumer Notice -  This form requires a signature and discloses the business relationship available to consumers when working a realtor. This form should be and is provided at the initial client meeting. Business Relationship Agreement  -  This form requires a signature and establishes the buyer agency relationship between the buyer and agent. The form is signed once all the terms of the relationship are agreed to by the buyer and agent. Buyer’s Est...

Targeted Investing

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Everyone needs a home of their own. Investors are encouraged to focus on smaller single family homes suitable for first time home buyers. They are out there. Properties with low acquisition cost and moderate repair cost budgets are a realistic investment strategy for the start up investor or the seasoned investor who traditionally focused on larger more expensive properties. Consider purchasing a foreclosure for under $25,000 dollars in a solid neighborhood close to transportation, shopping, schools and community support agencies. This combination is not hard to find. Surprisingly, there are areas like this all over Philadelphia. Focus on life safety and comfort repairs that will bring the property up to standard. New heating systems, roofing, electrical systems are critical components. These items will most definitely be inspected during a home inspection.  Build future equity into the property with a new kitchen and bathroom. Standard bath fixtures are economically priced. B...

Confidence

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