Real Estate Investing 101!
Posted by Admirals Cove Homes on Apr 24, 2014 in Home, Real Estate | 0 comments
When it comes to real estate investing advice it seems that everyone thinks they are a real estate professional but this doesn’t mean you should listen. However, there is some great real estate investing advice out there and while every investment situation may be different there are several key things that can help in any investment property experience. Follow these five tips and your real estate investing experience is sure to be a success. 1.) Be Prepared For Anything: It is extremely important that in any investing situation you build in some amount of capacity for change. Any aspect of a real estate investment can change at anytime and you need to be prepared and flexible enough to handle it. It is always to factor in some cushion room to handle anything that pops up. 2.) Invest In What You Know: It is often very tempting to consider getting involved in and investment opportunity that is outside your area of expertise. However, no matter how good the terms may seem your lack of expertise makes these types of investments extremely risky. It is always better to invest in something you know rather than something you don’t. 3.) Compare Your Potential Investment: As any real estate professional will tell you it is imperative that you compare your potential investment property to similar ones in the area. You potential investment will have a related fate to similar properties in the area. Comparable properties will indicate the potential your prospective investment may have. 4.) Figure Out The True Expenses: Another very important aspect to any investment is figuring out the true expenses involved with it. Not only should you determine all the costs involved in purchasing an investment property, you also need to figure out any all expenses involved in running your investment. Often an investment looks great until you really hammer out the details. 5.) Know What Your Buying: With any investment opportunity you need to know exactly what you are...
Keeping Your Home Cool 101!
Posted by Admirals Cove Homes on Apr 22, 2014 in Home, Real Estate | 0 comments
One of the most desirable aspects of living in an area like South Florida is the warm and tropical weather. But this heat can often be too much to handle in the summer months and can make it extremely difficult to try and keep your home cool. However, keeping your home cool during the summer months can be an issue for homeowners all over the country. So if you need help keeping your home cool check out this list of our top tips and tricks. Consider installing a few ceiling fans throughout your home. Make sure your home is completely sealed from top to bottom. Consider planting trees or shrubs to help shade your home. Have your air conditioner serviced for optimum efficiency. Replace all of your incandescent light bulbs with fluorescent ones. Turn off your electronic devices when not in use. Wash only full loads of clothing and utilize a clothesline when you can. Consider upgrading your insulation and installing double pained windows. Add white window shades and or mini blinds on all windows with lots of sun. Consider replacing your roof shingles with light colored ones. Take short showers instead of baths to reduce hot water usage. Consider adding awnings over windows less roof covering. Consider installing an attic fan to circulate any excess heat. Add a dehumidifier to help lower the humidity in your home. Plan and eat more cold meals that don’t need more preparation. Try to BBQ and cook outside more...
Make The Best Out Of Your Outdoor Living Area!
Posted by Admirals Cove Homes on Apr 17, 2014 in Home, Real Estate | 0 comments
A big part of the homeownership dream is creating an outdoor living area where you can entertain and relax. However, you don’t need to sacrifice a lot of space to create the perfect outdoor living area. Just follow these great tips and tricks to create the perfect outdoor living space that fulfills all of your needs and wants. 1.) Plant Vertically: If you want to bring in some vegetation into this area but don’t want to sacrifice the space consider planting vertically. That way you can get the vegetation you desire without overwhelming the area. 2.) Store Your Furniture: If you plan on using this area to entertain family and friends consider bringing your furniture out only during that time. That way you won’t take away any unnecessary space when you want to use the area for other things. 3.) Establish A Traffic Pattern: Every living area whether outdoor or indoor works better when you establish some sort of traffic pattern. This can be done many different ways from laying down a formal walkway to creating shifts in the landscape. 4.) Create Some Privacy: It is important that you create some sense of privacy in your outdoor living area. A great way to provide this privacy is to line some of or all of your outdoor living area with bushes or dwarf trees. 5.) Introduce Some Visual Appeal: You need to be sure and introduce some visual appeal into this area. Small accents like sculptures, water features, and even potted plants and trees can do a wonder on the areas visual appeal. 6.) Design A Focal Point: Just as with an indoor living area you need to design your outdoor living area around a central focal point. Generally all of your other accents and furnishings will be designed and arranged around this focus point. 7.) Incorporate A Fire Source: No matter where you live there is nothing more inviting and comfortable than a fire. You can introduce a fire...
Staying Cool During The Home Buying Process!
Posted by Admirals Cove Homes on Apr 14, 2014 in #homebuyingadvice, Home, Real Estate | 0 comments
The home buying process can be a very stressful experience when not dealt with the right way. It is a very delicate procedure that needs to be prepared for correctly and handled carefully. Anyone can get overwhelmed at times but if you follow these tips and tricks you are sure to stay cool during your home buying experience. 1.) Trust In The Right Agent: Maybe the most important thing that can be done to help ensure that you stay cool and don’t get stressed out is to trust in the right real estate agent. Enlisting the help of the right real estate agent affords you all the knowledge and experience to ensure that you have a smooth and successful home buying experience. Having an expert there to advise you along the way will decrease your potential stress and anxiety. 2.) Prepare, Prepare, Prepare: Maybe just as important is preparing for this experience the right way. It is imperative that you go into this experience knowing not only what your needs and wants are in a home but exactly what you can afford in one as well. It is also extremely important to get pre-approved for this certain amount before you even go looking at any potential homes. Knowing what you want, what you can afford, and how much you are approved for will make your home buying experience so much smoother and less stressful. 3.) Don’t Stress On The Details: In order for you to stay cool and not stress out it is important that you focus on the big picture and not all the little details. It is very difficult to keep your cool when you are constantly stressing the little things. By focusing on the big picture of home ownership all the little details don’t seem to be so bad. It is good to keep in mind that no matter what everything will be worth it when you are living in your dream home. 4.) Don’t Neglect...
Buying A Home 101!
Posted by Admirals Cove Homes on Apr 9, 2014 in #Buyingahome101, #homebuyingadvice, Home, Real Estate | 0 comments
Buying a home can be a very difficult and stressful experience and at times it can be extremely hard to keep your emotions out of it. All too often potential buyers get emotionally involved in a home or an aspect of a home and wind up with a home that either doesn’t fit them or that they simply just can not afford. However, there are many tips and tricks to the home buying experience that will ensure you wind up with a home that you can afford and that fits you perfectly. 1.) Check The Utility Bills: It is important for you to ask your sellers for past utility bills but be sure to get them for various times throughout the year. Because as we all know different utilities spike at different times during the year. 2.) Research Taxes: You need to research the property taxes of your potential homes but you should look at several recent tax bills. Because some areas re-appraise their homes frequently which can have property taxes skyrocketing year after year. 3.) Explore The Surrounding Area: If you don’t know much about the local area or only know what you have read online it is important that you get out there and really explore the surrounding area. You may think that a certain area has a lot to offer but its best to know for sure either way. 4.) Get Your Own Home Inspection: It is very rare that you will find a home with absolutely no issues or quirks so it is extremely important that you have your own home inspection done. Also knowing about any needed repairs or potential issues can help you negotiate a better price. A home inspection can also give you the information needed to walk away from a bad investment. 5.) Ask The Right Questions: You need to prepare yourself to ask the seller the right questions. Not only is it important to ask the seller the right questions,...