Tag: how

How To Sell Utah Home When Out Of State

My name is Tracy Leabo and my house was locatedin South Ogden.

It was a rental for a few years and I just decided I couldn’t holdon to it anymore and I needed help selling it.

I got the help I was looking for! It ended up selling very quickly.

I foundyou guys through my parents.

Basically my parents had sold a property.

They’d hadreally back luck with the prior Realtor.

He’d just drop the ball continuously and they hada hard time with it.

They turned to Joel and Ann and they sold their property so quickly.

I was just as thrilled with the process! I really expected it to be on the market forat least a couple months.

It was shocking! To get a call after three days that therewas an offer on the house, and the offer was good, and it was decent.

It was a huge relief!I wouldn’t have to make a trip up to Utah in order to sell the property or sign documents.

With the emails and the way I was able to sign the documents was just, it was so easy!I was really floored! Being able to contact Ann and Joel at prettymuch any time was great.

Any time I had a question they were very quick to get backand that really helped with the out of state issue.

It was a non-issue.

With the marketing, I love the way my housewas photographed! Everything looked really good.

It looked very pristine.

Facebook, andput it online.

I have no doubt that that’s why it turned around so quickly.

Call Annand Joel right away! They’re on top of their game.

They’ve really got the selling ofhomes down to an art! They did a great job with me.

They did a great job with my parents.

And I think that anybody would benefit from contacting them!.

Source: Youtube

How to Negotiate Your Rent

How to Negotiate Your Rent.

If you want torenegotiate your current rent or are looking to move into a new location, take action andbe happy with your terms by negotiating your rent.

You will need Research Communicationskills Negotiating skills and alternative options.

Step 1.

Look in the newspaper, attendopen houses, and call a local realtor to find out the value of comparable rentals in yourneighborhood.

Step 2.

Ask your neighbors or other tenants in the building what they arepaying for rent.

Step 3.

Talk to your landlord and negotiate the rent.

Propose an offer,asking lower than you know you will get.

Do not accept the first offer.

Step 4.

Look atalternative options if you do not get the rent you were looking for such as free parkingor new carpet.

Step 5.

Ask your landlord if they will give you a break in the rent ifyou pay before the first of the month.

Step 6.

Express your good qualities to your landlordsuch as your good credit, timeliness, cleanliness, lack of pets or children, or the fact thatyou do not cause problems, if applicable.

Step 7.

Offer a longer lease for lower rent.

Landlords will not have to worry about cleaning, painting, or getting another tenant if youare willing to sign a longer lease, and they may be more willing to accept lower rent.

Did you know According to Roger Dawson, author of the book _Secrets of Power Negotiating_,80 percent of concessions come in the last 20 percent of time left to negotiate.

Source: Youtube

How to Rent a Beach House

How to Rent a Beach House.

Going to the beachis a great getaway, and renting a beach house can make your getaway even better.

You willneed Destination Budget Negotiation skills Visitors' centers (optional) and deposit (optional).

Step 1.

Figure out how much you have in your budget to spend for a house.

This will determinethe types of houses to look for.

Step 2.

Start looking as early as possible.

Beach housesrent quickly, especially during peak vacation seasons.

Contact local visitors' centers forhelp in deciding which beaches to visit.

Step 3.

Choose between renting from a private owneror from an agency.

You might get a better deal from an owner, but a better selectionfrom an agency.

Some owners want a deposit or the entire rent up front.

Step 4.

Negotiatea price when you find a house you like.

Depending on the season and your number of guests, youmay get a deal.

Step 5.

Be respectful of the owner’s rules for their house.

You may loseyour deposit if you aren’t.

Did you know New Smyrna Beach in Florida has been dubbedthe shark bite capital of the world.

Source: Youtube

How to Decide Whether to Buy or Rent a Home

How to Decide Whether to Buy or Rent a Home.

Owning your own home is the American Dream, but don't jump into such a major commitmentbefore you're ready.

With careful consideration, you can decide whether it is best for youto buy or rent a home.

You will need Short-term future plan Savings account statement Handymanskills Basic math skills Commitment Money for closing costs and agent fees (optional)and knowledge of tax deductions (optional).

Step 1.

Think about how many years you planon staying in your home.

If you aren't sure that you'll be in the home for at least 3years, you'll likely be better off renting than buying.

Step 2.

Check your availablesavings to see how much money you have available for a down payment.

If your available downpayment is less than 20 percent of the purchase price, you'll likely have higher monthly payments,and renting may be a better option — at least until you can save more money.

Be sure thatyou have enough to cover closing costs and real estate agent fees in addition to thepurchase price when buying a new home.

Step 3.

Think about whether you have skills orenough money to handle incidental repairs like a broken air conditioner or clogged plumbing.

Renting means that these responsibilities are the landlord's; when you buy, the responsibilityis all yours.

Step 4.

Compare the rent ratio by dividing the purchase price of a new homeby the annual cost of renting a home.

Consider buying if the ratio falls below 20.

Considerrenting if the ratio is above 20.

Step 5.

Calculate the tax breaks that you would receivefrom buying your home by estimating how much interest you would pay on a mortgage and howmuch property tax you would pay within a year.

Determine whether this break is large enoughto warrant buying a home.

Determine whether the tax deduction for purchasing your homeexceeds the standard deduction that everyone — including renters — is allowed to take.

Step 6.

Decide if you're mentally ready to commit to a large, long-term purchase.

Buyinga home means that you can't pack up and move whenever you want.

If you're ready for thiscommitment, and your finances are all in line, it might be time to find an agent and startshopping for your dream home.

Did you know The White House features 132 rooms, 35 bathrooms,and 6 levels in the residence area.

Source: Youtube

How to sell your house – Part 1: Price is more than just a number from a CMA or AVM

Pricing your home effectively is one ofthe most important things you do when preparing to sell your home.

There is no magic formula.

But you don'thave a system you might as well pick a number out ofthe sky and consult a Magic 8-Ball.

This is the first in a three-part series where we're gonna talk about price.

The other two coming up are Competitionand Condition.

Stay tuned to our channel, subscribe below, and makesure you get onto those as soon as we publish them.

This video though willfocus on that five hundred-pound gorilla [animal scream] inthe room and that's Price.

Everybody wants to talk aboutprice.

Everybody has an opinion on price.

We're also gonna talk about thedifference between an AVM or Automated Value Model and a CMA orComparative Market Analysis.

We're gonna discuss the fundamentals ofprice and value and who determines which.

And we're going totalk about your choices as a seller.

There's a lot of talk today, from the bigNational Association of Realtors all the way down to the local level, totalk about accuracy matter.

Accurate data matters.

That'strue.

That's important, but trusting that one exclusive source that whether it'san AVM or a CMA, I don't care where it came from, trusting one source above all others isa mistake.

Take all the information, all the datathat you can pull in, and then make a human decision.

Take that [data] and do what we call is agut-check check.

Does it make sense? Is it accurate? Is itrelevant? Is it realistic? We'll get into all that in a minute butfirst I want to make sure that we touch on one important thing.

And that's establishing the basicfundamentals of an open marketplace.

Not real estate, specifically, but an open marketplaceanywhere.

[Question] Who sets the price? [Answer] That's the person with the product or providing theservice.

That's the person who has the thing that people want to buy.

[Question] Who sets the value? [Answer] The market sets thevalue.

The buyer sets the value.

The personwilling to pay you or pay someone for that product or service is the onewho sets the value.

Do yourself a favor and get someone in the door that understands how the market works, not how a computer program works, how price is established and value is establishedand the relationship between the two.

When it comes to setting price for a home two terms generally come out and that'sit an AVM and a CMA The AVM is an AutomatedValuation Model.

You don't hear this quite as much, it's alittle bit more of an "inside baseball" thing.

But most people will have heard of a CMA, a comparative market analysis.

Now whatthat is and what the AVM is, they're basicallythe same thing.

They take data from listings that haveeither sold or withdrawn or on the market currently.

They pull them in and they do someaveraging they do some medium pricing and then they spit out a number.

They giveyou a bunch of nice fancy charts and all kinds of other different things.

But they're all basically the same thing.

Everybody uses an AVM or a CMA whether or not they realize it or not.

There are those that you pay for.

There arethose that come with your MLS.

Even some agencies and brokerages havetheir own model.

There are some famous AutomatedValuation Models out there like the one from Zillow called a Zestimate.

And just like the Zestimate, everyAutomated Valuation Model that is used by agent or anybody elsehas its limitations.

It has its pluses and it hasits minuses.

So what you have is a couple situations:one is you have an agent who just uses their system exclusively.

Whether it's through their MLS or through theircompany or they pay for it, whatever.

They just use whatever number comes outof the machine.

And they go with that.

Because that's what's on the printedpage and that's what they're gonna present to you.

When they sit down for their half hourlong listing presentation about how wonderful they are.

[clapping] The second type a situation that you'relikely to find is the agent who does all that samestuff that the first one does but now they just make arbitrary changesto the numbers just because they don't want to seem like they're following acomputer model.

There's no real fact or analysis or anyother type thing behind it.

They just don't want to have the exactsame number.

So they'll go up or down, sometimes only a matter of a couple hundreddollars.

But just so that seems like they're incharge of this thing and "well that computer is exactly what it'scracked up to be.

But I'm the one you need hire because I'm alittle bit smarter than the computer.

Now the really bad situation that youwant to avoid are the agents that cook the books.

They're the ones that inflate the price of the house in order to entice you as a seller to go withthem.

They just want to get the listing thenthey're gonna beat the crap outta you for the next couple months about trying to lower the price.

But it's notthe agent and it's not you who determines thatvalue.

The buyer does.

The market does.

So the first step in theprocess is to Gather Data.

Include your local MLS becausethere is information in there that just quite frankly isn't available anywhereelse.

[For instance] you can get information about sellerconcessions.

So just because the sales price was X amount of dollars thesellers kicked in 10 grand on seller subsidies to help the buyerswith closing costs.

Now what that does is that, in effect,means that they got a lesser price for their home.

It doesn't show up onthe sales price because that's not how it's financed not how it works out in the end.

But thenet back to the seller is less.

You as a seller need to understand that it'syour net that's most important not the price.

There are a lotof things that happen after that initial agreement on price that can pull money away from you.

Thenext is competition.

You have to know the competition.

Nowcompetition isn't just the ones [homes] that are on themarket right now or under contract right now.

It's everything.

It's the listings that sold, that's competitionfolks because everybody's looking at that.

Your buyers across the other end of thetable are looking at the solds as well in order to tabulate calculatethe offer that they're going to make.

So youneed to look at that too.

That's your competition.

The next placeto look are those big/nasty/mean portals that everybody likes to talk about.

That's your Zillow and your Trulia andyour Realtor.

Com in any other one that you can think of.

You've probablyalready been there and run Zestimate or some other typeup Automated Valuation Model to see what your home is worth in orderto prepare yourselves for selling.

Guess what? Buyers are doing the samething! Now they [AVMs] may be way off the mark butthat doesn't mean they're not important.

You need to pull them in.

You're in gather dataphase not analysis phase.

You're better off having it.

Not needingit, than needing it and not having it.

Next up is seeking input.

No one knows everythingabout every neighborhood in every step town or every area.

You can't! It's impossible.

Thatmeans talking to appraisers.

That means talking to inspectors.

That means talkingto other people in the area.

Neighbors, agents who have sold otherhomes in that area, agents who have rented other homes inthat area, is there a special assessment that affects this property versus some of the others.

Two almost identical houses in two different neighborhoods:one has a special assessment and one does not.

It means it costs more live at one then theother.

The last portion is a gut-check.

This is the mostimportant piece of all of this.

Does it pass the sniff test? Did we missanything? Take a look at all the things that youpulled in to try and figure out, does this even seem right? Am I.

Does this just seem way low? Does it seem way high? Does this seem right? Do wehave all the information we need in order to make a decision? When I wasin Baghdad in 2008, I had an intelligence officer cometo me recommending that we take this certain bridge with our convoy to get across the TigrisRiver.

He saw that is the best option.

I saw itis a pretty terrible option because our United States Air Forceeliminated that bridge from existence in 2003.

[jet noise.

Explosion!!!] You need to have that got check andyou need to go ask somebody before you go making recommendations that are way off the mark.

The next stepafter gathering all the data is analyzing the data.

Now is when youstart to see some patterns emerge.

You start to see some price ranges.

Youstart to see some commonalities, some features you start to see thatcertain home start to be priced a certain way.

And when they're priced a certain way theysell in a certain time frame.

Now is when you start to develop yourCourses Of Action, your COAs.

Condition and Competition are criticaland again we're gonna talk about those in future videos.

But if the comparable properties, from acertain time frame at a certain price were of far worse condition or farbetter condition then the home that you're trying to sell,that's going to have an impact on the price that you establish and the value that the market is willingto pay.

You are analyzing the data for relevance.

Are you using the comp rules that youshould be? Is there a neighborhood or a home or a set of homesthat you just missed? A very relevant situation here inLoudon County are is the new home construction versus the very recent construction, so you couldhave a neighborhood it's only 4 or 5 years oldcompared to a new home right down the road.

The market couldperceive more value by getting custom features built to suit than a home that is already built and hasthe features that you like and not necessarily the ones that they want.

Afteryou gather the data and analyze the data, it's time for us tomake a recommendation.

Our goal is to give you the information,education, and advice you need in order to make the best decisions.

We're gonna give you a Course Of Action that we think is the main one that youshould focus on based on what we know.

Today.

But we're alsogonna give you some options that show you what might happen if.

Ifthis happens, than that.

If this happens, then you needto do that.

If you'd like this you need to do that.

We're gonna give me some options.

So make sure that you understand thatthere are pluses and minuses for pricing high and pricing low.

The choice is ultimatelyyours but I would caution you not to pick the agent that just comes in with the highestprice.

Every decision has Strengths Weaknesses Opportunities and Threats.

[SWOT Analysis] Understand the full big picture and hiresomebody that can help you understand that andmaybe point out some things you haven't thought of.

You are paying for maximum effort andexceptional results.

Why settle for average? Why settle forthe agents who are gonna sit back, rely on one system, generate a number, pump that out to you, cross your fingers,set it, forget it, post and pray, sit back andsee what happens? There is no secret sauce.

There is nosecret family recipe.

It's all about understanding thefundamentals.

Understanding the relationship between Price and Value.

Gathering the best data.

Analyzing thatdata making sure that it's accurate andrelevant.

And then making recommendations based on what is best for you.

Giving youthe information, education, and advice to enable you to make great decisions.

That's our purpose here.

and thank you for watching this video,the first of three.

[sad music playing and high squeaky altered voice] so.

Several things that interrupted our shooting tonight and have taken.

Uh.

Us into.

[normal voice] It's after one o'clock in the morning and we're still here shooting because well.

I don't quit.

That's just not in ournature.

so have any other agents are willing todo that?!?.

[blooper reel] has an opinion on what a home to should.

Dang it! Ahhh! [not really on the phone but doing my best Harpo Marx impression] [frustrated] ok.

[walk like an Egyptian?] That after all is what you want.

You want to be able tomake.

I don't wanna tell you what you want! [I want you to tell me what you want!] Please like & share! Don't keep us a secret.

Thank you! Good night.

Source: Youtube

How to Grow a Vegetable Garden if you RENT your Home

This is John Kohler with growingyourgreens.

Com,I have another exciting episode for you today.

As you can see, today I’m on yet anotherfield trip and we’re visiting another viewer’s house that was inspired by me so I’m feelingreally cool that this is happening today, and as you can see behind me we’re in NorthLas Vegas and you can see me this is what the desert looks like, people littering theirplastic bags that are ending up in the scrub brush over there and there’s just not muchgrowing on.

But if we turn over to just across the street here, the residential area, andthere’s some amazing gardens growing on.

And I want to encourage everybody whetheryou live in Las Vegas in the desert where, look, nothing would normally grow, and peoplethink you can’t grow food in the desert, you’re going to have a rock landscapinglike many people do here.

You can do it, and we’re going to show you today what has beendone by a 23 year-old who just found my videos a few years ago and got really inspired togrow everything he’s growing in his back yard, and it’s totally amazing.

So let’shead to the back yard and check it out.

This is your standard back yard in Las Vegas.

As you can see it’s just rocks, and it’s barren, there’s nothing growing.

Now yourback yard could look like this or like a back yard over the way they have a Miss Kitty Playjump house I don’t know if they’re out there having a birthday party or what today,but there’s probably not a lot of food growing over there.

But I want to let you guys knowthat you can do it, because this is an awesome example, this is probably one of the nicestback yards that I’ve seen here in Vegas.

And now the amazing thing is simply this:this is a rental house.

This is not even owned or anything by the gardener that’s doingthis, it’s a rental.

So he built all these raised beds out of just inexpensive constructiongrade lumber, not even treating the wood.

They may not be here forever, but that’sall right because they are growing now and that’s what is really important.

So let’sgo inside I’m going to show you this amazing backyard garden here in Las Vegas.

So check it out, this back yard is not barren like the one next door but it’s just fullof greenery.

This is really well laid out, designed well, just really simple easy constructionusing two by sixes and some two by eights tied together, nailed and screwed, and there’sI don’t even know how many raised beds are in here, there’s at least two dozen raisedbeds and each one has different things planted, so what we’re going to get to do today isactually walk around and show you some of the construction, show you guys what is growingand actually more importantly show you guys some of the varieties that are growing.

There’sa lot of different varieties of things, and unique and uncommon things, many of whichwere learned from my show, but there’s even a few things I haven’t heard of and haven’tseen growing before, so I’m actually super impressed with his garden, and I’m superexcited to share with you guys, so let’s check it out.

The next thing I want to talk about is the design and layout, I mean this is really anice design, it’s just laid out well, he has maybe about 18 inches between these raisedbeds, in the center he has little L-shaped beds around and a nice raised bed in the middlewith all those basil around the edges he has marigolds and pepper plants in each of thesebeds, so let’s head over to the basil and show you the basil he’s growing.

This is definitely one bed of basil, and he probably likes making pesto a lot.

And thething about this I really like is that this really shows the genetic diversity that he’sgrowing here.

I mean simply in this one raised bed he has fourteen basil plants and eightdifferent varieties, all though I would like it if he had fourteen different varieties,but eight varieties is definitely really good nonetheless, that’s a lot of different varietiesto hunt down and plant.

And by doing this he can literally see which variety is goingto grow best here in North Las Vegas.

So he has all different varieties of basils, andI want to encourage you guys to grow a variety of things, because one variety may grow betteror worse than another in your area.

So next let’s take a look at some of theraised beds in this back yard and as you can see they’re just built out of standard lumberhere, this one’s probably about two feet by two feet, and even if you have a smallerraised bed like this, you can grow lots of food, they’ve got some marigolds growingin here, some onion chives, but more importantly, he’s using the vertical space to his advantage.

And how he’s doing that is simply right here attached onto his raised bed are sometwo by fours going all the way up, and some one by twos going across that you can see,and he’s basically tying up and growing his cucumbers vertically.

Now he has threedifferent varieties of cucumbers in here, Armenian, White Lightning, and a lemon cucumber,and each one’s growing at a different rate so that’s kind of good to know, I’m surealso he’ll learn this year which variety grows the best in this particular climateand situation and maybe next year he’ll continue to grow the ones that did reallywell, and not the ones that didn’t do so well, and that’s something really that Iwant to encourage you guys to do.

What he’s doing here is growing many different varietiesof crops, just kind of see what works and what doesn’t, and he’s learning as hegrows and that’s one of the big things that I admire about him, and I want to encourageyou guys to do that as well.

And this one’s a very special treat righthere, check out.

This is my grandbaby, well I don’t have any grandbaby kids or evenbabies, but I’ve got a grandbaby tree collards.

This tree collard originated from my gardenfrom a cutting, I gave it to my friend Jason, Jason took cuttings from his plant and nowit’s growing here, and now this gardener’s actually making cuttings and my great-great-grandbabiesare going to end up hopefully maybe even in your yard.

So once again tree collards, itliterally grows as a tree, and this is actually a really nice specimen.

He’s taken the timeto stake it properly, and he’s taken the time to cut back all the bad leaves, and hehas one nice trunk coming up, which is a good inch in diameter, and this is the way in myopinion a tree collard should be grown.

Once again it’s pretty tall he’s going to topit off and hopefully encourage it to bush out to produce more food, and he doesn’twant it getting too tall for his neighbors, and that’s a thing you know, you can controlhow much a plant grows especially in the case of tree collards where it’s putting on theleaves that may not necessarily affect too much of the yield by topping it, actuallyit’ll probably increase the yield.

But once again on things like cucumbers, you mightnot want to top it off, because that probably will affect the yield.

Next let’s take a look at this raised bed here, and this is his herb raised bed.

Andhe did this really smart, I like how he did this.

He built a one foot by about eight footraised bed and then he actually put in dividers in here.

So he made little growing compartmentsfor each herb.

Especially some herbs may want to get aggressive and take over, such as Iknow this guy will.

The oregano likes to take over, and if you’re growing the mint, there’ssome [inaudible] mint, and different things, they’re not going to go out of their littlearea because they’re enclosed in, so this is like a container garden within a raisedbed.

So he has 14 different varieties of herbs growing in here, so he has literally an herbgarden right in his back yard that looks really lush and is growing really well.

One of myfavorite herbs are the stevia, the stevia’s an excellent plant to grow in Las Vegas, alsoI’m pretty impressed that the lemon verbena is actually growing nice and well also.

Imean we could walk around this whole back yard and explain every different tree andplant.

Besides having vegetables he has a lot of fruit trees so, some of my favoritesincluding the loquat tree and the pineapple guava, he also has real guavas and apple trees,he’s even growing a goji berry, here’s a nice big bush of rosemary that’s got itsown bed, now that’s probably for a really good reason.

He’s got Egyptian walking onions,so these are really cool is what these are.

They sprout on the top, and what will happenis when they get older, they’ll actually dump over and then these will hit the groundand they’ll actually sprout new plants and kind of just walk, all though there’s notreally a whole lot of room to walk in this bed once they do turn over, you can probablytake those, pop them off and actually grow new plants and give them to another gardenerso that these plants can be propagated and given to other people so that more peoplecan grow their own food.

Next let’s talk about some more herbs, andthis is his mint bed, he did this really smart, he containerized each one, although it lookskind of like a raised bed, and he did it in like a stair step fashion so he has a lowerone and an upper one, and I really like that design criteria of his garden to make it lookreally nice.

And containing your mints is definitely an important thing to do, becausethey will spread out.

So he literally has six varieties of mint, and actually I cansmell the chocolate mint above all else.

Mmm smells really nice and the mints are growingreally well.

If you are not currently growing any food at home, you want to start growingsome mint.

Mint will grow literally as a weed, and it’s one of the easiest things to grow.

And once you’ve got your foot in the door at least growing one thing, then you can moveon to the more advanced levels like he’s doing here.

So let’s take a look at someof the advanced things he’s growing.

Some of the things he’s growing here arethe guavas.

And guavas, you know you probably should grow those somewhere like SouthernCalifornia where it doesn’t freeze, it might get to cold in the winter time, so he’splanned ahead and built a trellis up the back so he can drape over something and I’d alsorecommend maybe putting some Christmas tree lights to keep a little bit warmer.

Besidesthe guava growing in here I have something else that I talked about in my show but I’venever grown myself because it just takes an incredibly long season, so I don’t knowhow well it’s going to do, if it’s going to fruit, or produce fruit, but it’s coolthat he’s growing it nonetheless, this is actually called the casa banana, and thisis a melon type fruit that I’ve eaten before in Puerto Rico, and I love the look of theseleaves, I mean these leaves look literally ornamental, and so these vines could actuallyget really long so he’s growing them against the brick wall, but this guy’s growing upand hopefully it will vine out a long ways and maybe even produce some fruit for him.

In this raised bed once again he’s using some two by fours stacked up on top of eachother to build a raised bed, it’s probably a one foot by about eight foot again, andthen he used some more two by fours and some one by two to make a very simple trellis,I mean this is just construction grade lumber that he did not treat, so will this last forever?Absolutely not, but is this allowing him to grow today with a minimal investment and minimalcost in resources? Absolutely, and that I believe is what’s really important, andespecially because this is a rental that he could literally pick up and move all thisstuff at a moment’s notice if they decide to move.

Nonetheless in this raised bed he’sgrowing a lot of unique melons.

And you can see here, these kind of look like cucumberor something a little bit, but they’re not.

What these guys are are Korean melons.

Soyou can see here’s a Korean melon flower, and a little fruit starting to form, and ifyou go down here, this what it looks like right here, these are Korean melons, I lovethese guys a lot, I had some actually when I was visiting Korea, and they also grow themin California, and I’ve n ever had a truly ripe one, so one of these days I want to eata truly ripe one.

They kind of taste a little bit sweet and like a cucumber, but insidethey’re mostly hollow and air space, and there’s a lot of seeds so there’s nota lot of fruit.

But one day hopefully I’ll be growing my own, and I get to taste them.

Next we’re going to talk about these two raised beds here, there’s a bank of fourof these guys with eggplant pepper, eggplant pepper, and in this bed he has some eggplantsplanted and he basically in this two and a half foot by six foot raised bed, he plantedbasically two rows on each side, and with 10 inch to 11 inch space although normal squarefoot gardening spacing is 12 inch on eggplants, and then he also popped in one on the diagonalin the middle to get like a third row.

So he’s really packing the plants in, and tome this looks like it’s doing really well, maybe a little bit tight, but you know what,hey it all works, that’s all good.

And the plants are flowering, looks like they’redoing well, eggplants are probably my number one favorite fruit to grow in Vegas just becauseit’s going to do really well, it can totally tolerate the hot heat of Vegas.

And one ofthe other things that he’s doing that’s really cool is he’s experimenting as hegrows, and I want to encourage you guys to experiment.

So on this side he used Job’sOrganic fertilizer, and on this side he used the Epsoma Plant Tone fertilizer, and basedon his results, he would say the Epsoma Plant Tone Organic fertilizer is doing better thanthe Job’s.

And besides just testing the fertilizer, he’s also testing the [inaudible]too! So like this row has the Great White [inadubile], and this row has the Micos, andguess which one did better? It’s undeterminable, because they both look about the same.

SoI would be interested to see if he did one row Great White, one row Micos and one rowwith nothing, and then we could truly see the difference.

In this raised bed he’sgrowing peppers and he’s pushing the limits of square foot gardening and I think that’sall good, especially here in Vegas I’ve noticed some of the peppers actually don’tget quite as bushy, they actually grow taller, so in some instances this actually looks likeand actually is working for him because things aren’t getting too bushy, all though itis still pretty early in the season and it’s going to be interesting to see how all thisplays out later on.

But on the rows he’s basically spacing them on the 12 inches andin between the plants they’re pretty tight and only six inches apart.

But nonetheless,everything looks like they’re growing really well, they’ve got actually lots of fruitson them, and these plants look nice and lush.

Now we’re looking at yet another raisedbed, and he has some melons growing along the bottom, and this is actually a two layerraised bed, he’s got the bottom layer here with some melons and some eggplants aroundthe bottom, and then he has a top layer here with a fruit tree and some rosemary growingunderneath it.

Now this fruit tree is a pomegranate, and that’s probably my number one favoritetree to grow in Vegas, pomegranates will do really well, and pomegranates are really highantioxidant fruits.

I mean, the other thing that’s really amazing about this space thatI really want to comment on is that he’s really packing it to the max.

Not only thevegetable plants we saw some examples of growing the eggplants really close, and the peppersreally close, he also has 30 fruit-bearing trees, vines and shrubs here in this backyardand I mean, this back yard is not really big, this is probably one of the newer houses thathave two stories, so it’s a lot of square footage, but the yard is really small.

Andwhile some of the fruit trees aren’t in the optimal sized container, they’re goingto be definitely growing and producing fruit while he’s living in this rental, and thenfinally when he moves out he can take those plants and plant them in the ground, and that’sone thing that I want you guys to be inspired by is how much this young man is growing inthis backyard, and if he can do it, so can you because he is a brand-new gardener he’snever done any of this before, and he’s done so much in so little time with the helpof some of my videos, and maybe next time we’ll even get to interview him on here,and that’d be really cool too.

So hopefully you guys enjoyed and were inspiredby this episode, and you know what? In the end you guys can do it too, you guys needto just get off your duff and start growing today.

Once again my name is John Kohler withgrowingyourgreens.

Com, we’ll see you next time and keep on growing.

Source: Youtube

Rent to own houses – Learn about how to rent to own Homes

Due to the cash shortage issues as well asproblems in downpayment, everyone who is willing to buy a house cannot do so.

However, thereare some good options for such buyers, one being the "rent to own houses" option.

Suchagreements allow renters to buy properties at some point within their period of lease.

Although the renters are required to pay a certain amount higher than the standard rent,that amount will later add up to his credit and will be used at the time of buying thehouse.

There are certain pros and cons to rent toown houses.

For example, if a buyer fails to buy a property at the end of the lease,he wouldn't get back the extra amount he paid for the rent.

Besides that, some rent to ownhomes agreement are designed in such a way that the tenant is obliged to buy the houseat any cost at the end of the lease.

Therefore, one should be very careful and should plantheir finance well before going for a rent to own house agreement.

If you are intenton renting to own houses, you can search for an appropriate house on your local newspaperlistings, craiglist or get info on them from real estate agents.

Refer to the links in the description belowto learn more about Rent to Own Houses.

Source: Youtube

How to Calculate Numbers on a Rental Property

Welcome to Hipster's first how-to video! I'm going to show you how to run very quick numbers on a rental property.

You can use this formula—so easy and so fast —for any property you're looking at.

It's so straightforward.

I'm going to do it on this little whiteboard here and use my calculator.

(Yes, it is actually that large).

I'll be behind the scenes here doing my calculations while I write out what is going on.

I'm using an actual rental property as an example.

It has a purchase price (you have to love my handwriting) of $100,000.

00.

In rent (and always verify this before you buy any property.

Verify it with property managers or… just verify it), this particular house gets $1075.

00 in rent.

This house is in Indianapolis.

It was built in 2002, I think.

Super-cute little house.

Three bedroom, 2 bath.

But all we care about right now are the numbers.

I'm looking at this property.

What do I want to take into consideration? I write out my list of things that I need numbers for first: taxes, insurance (again, don't you love my handwriting), I always make an estimate for vacancies and repairs (which I'll touch base on in a second), and then for me I always use property management so I have that line.

That may be optional.

For sure, you're going to have taxes and insurance.

Vacancies and repairs are really up for your best guess.

I buy turnkeys so they're already rehabbed.

I use 7% for vacancies.

You can look up the statistics of a particular city and see if that number is about right.

And for repairs, like I said, fully rehabbed, so I just use 5% for repairs.

If you calculate this, this particular house the taxes per month (and this is all monthly) are about $60.

00 a month, which is excellent.

Insurance on this property is about $45.

00.

Seven percent (and those percentages are of the monthly rent) of that is going to be $75.

00.

Repairs are going to be 5% which is $54.

00.

The property management in this case is 10% (should've put that there), and that would equal about $108.

00.

Total all those up.

These are going to be all your expenses.

Grand total: $342 for monthly expenses.

Now, here's your income: $1075.

00.

Here are your expenses: $342.

00.

So do $1075.

00 minus $342.

00 and if you buy this property for all cash in theory per month you should be getting $733.

00.

That is cash flow in your pocket per month.

To calculate your cap rate, you are going to do $733.

00 times 12 (because you want it annually) and the total amount that you paid for this house is $100,000.

00, which is going to equal… calculations…8796 divided by 100,000…you're going to get 0.

088, which equals 8.

8%.

This is your cap rate.

That is the main number.

That's going to explain to you kind of where the income is in relation to where the income is in relation to howmuch you paid for the property I know you're already asking (and I don't even have an eraser… let's see…hang on), I know you're already asking "Well, what if I'm financing because I've got a mortgage?" Ok.

Not a problem.

Let's erase this stuff.

You already know your expenses.

We're going to get rid this section.

We'll leave that $324.

00 for total expenses.

(I guess I could've written a little smaller.

) How do you deal with the mortgage? Well, $342.

00 was your total expenses without a mortgage.

All you need to do now is figure out what your mortgage payment per month is going to be.

Go online, find any old mortgage online calculator, plug in the numbers and see what your payment is going to be.

For this one, I used a 5% interest rate, and with 20% down (which is standard for an investment property), you're going to have a loan of $80,000.

00 (that's an $80K loan).

Your mortgage payment at a 5% interest rate is going to be $429.

00 per month.

Since the total expenses were $342.

00 already, just add those to $429.

00.

This will be your new expenses… (am I doing that right?) $771.

00.

Yeah so now you have Now you have $1075.

00 minus $771.

00 is going to give you $304.

00 per month.

This is your new net income after the mortgage payment.

On this house, you're still bringing home $304.

00 per month, which is ridiculous for a rental property.

That's amazing! That's $300 easy in your pocket per month.

The only thing you can do other than this is… you already have your cap rate…now you want to calculate your cash-on-cash return which ultimately for any purchase is all that matters.

Cap rates only explain whether you're getting a good price for the property or not.

Your cash-on-cash is actually how much you're making based on how much money you put into the deal.

So, $304.

00… make it annual, so times 12.

Then, instead of using your total purchase price, you want to put in how much money you actually put into the deal.

Your down payment on a $100,000.

00 house was probably $20,000.

thousand dollars I went ahead and rounded that up to $25,000 because you're probably going to have about $5000.

00 in closing cost.

That's going to give you 3648 divided by 25,000 equals 0.

1459.

Change that to a percentage and you are looking at a 14.

6% cash-on-cash return.

That is the number that you care about.

If you are paying all cash for the property all you care about is this 8.

8%, because your cap rate and your cash-on-cash will be the same for an all-cash buy.

For a finance buy (and this explains perfectly why I'm such a fan of leveraging money as much as possible), you're making almost 15% return on your money… on your actual cash that you invest.

That's amazing! With real estate prices gone up how they have, to be able to make a 15% cash-on-cash is great.

This is a fully rehabbed house.

Tenants are in it.

Property managers are in place.

The only work it took was for you to sign the papers and get a home inspection.

Boom! There are your numbers.

A very quick summary… We'll see if I can erase this super fast.

I'm not even going to try and erase it all.

I'll even do it in blue since I'm holding a blue marker here.

Step ONE: Calculate your expenses.

As a recap, that's going to be your taxes, insurance, property management fees, and estimate for vacancy and repairs, and then if you have the mortgage, the mortgage expenses.

You already know your income, so TWO: take your income minus your expenses and that will equal your net cash flow.

Don't ever buy a property that does not tell you that you're going to get a positive…Let's see… What did I say? Don't ever buy a property that suggests you're going to make a negative cash flow.

You always, always want positive.

THREE: Calculate the cap rate, which is your net income, times 12, divided by purchase price.

FOUR: If you're financing calculate your cash-on-cash… which is your net with the financing, times 12, divided by your cash in.

As a clarification point, the cap rate does not include any financing cost.

Your mortgage expense is not included in the expenses.

It has nothing to do with the equation.

That is standard.

Cap rates do not include financing.

It's assuming an all-cash purchase, because whether you finance or not (I like to say) is your own problem.

It has nothing to do with the purchase price.

What matters for you financers is the cash-on-cash, which does in fact take into account the mortgage expense.

That will calculate your official return.

Alright? That's easy rental property numbers.

Another…one last disclaimer… this does not include rehabs.

If you're rehabbing a property you have got to include those costs in these equations.

It takes a couple of extra steps.

It's still not a big deal.

In general… a general formula for you.

I hope it helps!.

Source: Youtube

How to Sell Your House – Part 2: Condition is more than just paint & flowers

Homes in great to excellent conditionsell on average 18 days faster than the competition andat a higher price and with less price reductions.

But thisvideo is not about how to clean, how to put out fresh flowers,where to put throw pillows, and how to arrange furniture.

This videois about why condition is so important what youcan do about it.

Our goal here is to give you informationeducation and advice to make you powerful, smart, informed realestate consumers.

So much attention is given to make sureyou paint this, make sure that is fixed, open thewindows, turn on the lights.

All those things in you should do butthey're not the thing really connects with the people whoare going to buy your house.

The ones you need to connect with, you don'tconnect with them through paint color, you don't connect with him throughcenterpieces on dining room tables.

You connect with him through anexperience that you take them through while they are at your home.

One of the first things you want to dowhen you're preparing your home for sale and dealing with something like thecondition of your home is to have a level of expectationmanagement.

You want to understand what you can doand what you can't.

Every home has defects every home hasflaws.

Every home has positive features andevery home has negative features.

You can't fix everything.

Everything doesn't end on the day that you put the house onthe market.

The budget and time that you set aside has to address those thingsthat you're gonna do prior to market, during market, and alsothose things are going to come up via inspections or appraisals.

Especially if there's things like FHA and VA which have specific requirements that you need to fix certain things orthe buyer can't get the loan thus you had no deal and you have no sale.

The initial push is really where youwanna put the most attention and effort but you don't want to be caught offguard in the back and by something.

Well I recommend that you as a sellerget an inspection prior to.

You signed a contract, you've agreed on a price,you've agreed on terms.

You're moving through the process.

You got that home inspection addendum hanging overyou.

This now is a stressful moment becauseyou don't know what the inspector is gonna find if you haven't done one already.

You don't know what's gonna come up.

Youhave no idea what it's going to cost you to fix some of these things.

If you've done that inspection on the frontend, you know you have a really good idea.

The likelihood of finding some gee-whiz, wow, oh that's gonna cost means thousands of dollars or cost me thissale, the likelihood of that happening is dramatically reduced by getting aninspection in the front end.

Another person to bring any give you somehelp is a stager.

To give you a perspective on your homethat you don't have.

Don't expect most buyers to be SherlockHolmes and be able to find every wonderful thing about your house.

Show it to them! Show the existing features, demonstratethe potential, and allow them to picture themselvesliving in the home.

If you have a vacant home or you have a partially vacant home, oryou have some empty rooms and you really don't know what to do:rather than just take a picture of an empty room and post that, why not ask a stager or designed to giveyou a sketch? What would they do there? This is whatthis room could look like, this is what this house could look like.

and don't just hope that the buyer has acreative mind I can see past the emptiness up that particular space orthat house.

You need to appeal to all five senseswithin those first five seconds where buyer walks inthe door and takes no more than five steps.

Buyers are alert and in tune with their sensesimmediately when they walk in the door.

They're looking for triggers.

Homeshowings don't just happen at random.

You have time to prepare for thesethings.

You pull out those bottles of water.

You pull out those cold Coca Cola's youbrew that pot of coffee.

You take those muffins in put them inthe toaster oven or microwave for a second.

Ann what you do is now you startto appeal to their senses of taste and smell.

If you have an area like abreakfast nook or you have a place with a great view, have a nice little table set up encouragethem to go there with it or that's where you put the said refreshment.

Be creative aboutthat and welcome folks into your home and allow themto have a little moment while they are visiting your home tofeel like they are living there.

You get thethermostat set right.

If it's in the wintertime, you crank it up a little bit to get alittle bit warm in there.

If it's in the summer time, you crank it down a littlebit to get it a little bit cool in there.

You want to demonstrate that this houseis a very comfortable place to live in.

If it gets a nice cross breeze duringcertain times a year, open up the windows and allow that to happen.

So you allow that feel you you get thatinitial feel when you walk in that this is a comfortable place to live.

Sound is easy.

It's so easy to go around today withsmall portable radios, and a lot of houses are already wired for soundanyway.

Sight is a lot more than keeping thingsclean and turning on your lights.

Sight is about directing your buyers towhere you want them to go in an order in which you want them to go.

Tell them where to start & where to stop.

where to go what to look for when they'rethere.

Think a little bit like Alice inWonderland as you're bringing buyers to your house.

Have little signs that say, "touch this" "feelthis" "pull this" "open this.

" Lead buyers on atour of your house, instead of having them wander around andyou hoping that they come across the thingsthat are great about your house.

getting your home in selling conditionis far more that taking your family photosdown off the wall, putting a buncha stuff in storage and repainting your bedroom.

If the prettiest, nicest, best maintained house in theneighborhood goes for sale all week after you put your house on the market, are youprepared to compete? Understand what the expectations are,have a budget and a time line.

Always continually improve your situation and improve your home throughout theentire process.

Hire an inspector.

Hire a stagerand create that guided toward to allow buyers to see themselves in the home.

And appeal to all five senses within five seconds and the first fivesteps that buyers walk into your house.

Delight them.

Wow them.

From hey this is nice, "to wow I have to havethis!" Put those aspects together and your homeis in the best condition that it can be and dominate your local market so youget maximum money, shortest amount of time, least amount ofhassles.

Stay tuned for the next video in this series on "Competition.

" Like this video, comment, share, and subscribe to our channel.

Thank you for watching and see you next time.

[Why can't I say thatand why does that keep not coming out right? This stink but is driving me nuts.

I you have five seconds to sell me this pen.

it's not a not Gettin a little loopy.

Make sure you hit the pillows create that little.

Little V.

Do not hit the pillow.

You hit.

the pillow and you get that little crease a pretty V".

Source: Youtube

How to sell a house. Inside secret…Beat the competition!

Competition is anything and everything thatby its mere existence can cost you time or money or both.

Is your home a contender, apretender, or dominator? Putting a few pictures into a video (which is not really a videoit's just a series of pictures set to crappy music) is not what we're about when it comesto marketing your home.

That's not being competitive that's just posting and praying.

That's justsetting it and forgetting it.

You are either growing or you’re dying.

You are eitheractive or you're not.

There is no static state.

Sitting back, posting and praying, seeingwhat happens, listing and vanishing is not the way we do business.

We do business bytaking action.

We have an action plan and a communication plan.

We have an open house planthat will blow your socks off! We have a plan in place to adjust to whatever the competitionbrings so we always keep your home in the top two or three in the market.

Source: Youtube