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3 Tips for Maximizing the Benefits of 3D Modeling
When you think of three-dimensional (3D) modeling in terms of home design, you probably think of high-end, luxury interior designers and their software. However, 3D modeling can be extremely useful for real estate investors as well as owner-occupants upgrading their homes. Think Realty Magazine talked to Mark Reginelli, director of ...
Think Realty Magazine May 2018
+ WHAT'S INSIDE Think Realty | News & Events •Credit Bureaus Decide to Remove Tax Liens from Credit Reporting Design Point | Renovation Rockstar: New Orleans Edition • Renovation Rockstar: First-Time Townhouse Success 2018 Trends | Perfect Balance •The Future is Now for Artificial Intelligence in Real Estate •Why We ...
Why We Will Live with Labor Shortages in 2018 and Beyond
Look at any major housing market in the country right now, and you will see signs of building. Inventory is short; the housing market is hot, and the cranes are all over the skyline. However, all too often, those cranes are not necessarily moving. In the wake of the housing ...
Is that Home Inspection Worth It?
This article was originally featured in March 2018 Think Realty Magazine and written by Adam Pontier, owner of KCPE LLC. When I was young, my father bought a home that we gutted to the bare studs and put back together as our family home. This was my first taste of construction ...
5 Important Factors for Success in Residential Assisted Living Investments
This article was originally featured in March 2018 Think Realty Magazine and written by Gene Guarino, president and CEO of RAL Academy. According to the 2010 U.S. Census, approximately 10,000 Americans turn 65 every day while another 4,000 turn 85 every day. That is a huge opportunity for savvy real estate ...
Managing Large Portfolios of Properties
This article was originally featured in March 2018 Think Realty Magazine and written by Douglas Skipworth, Co-Founder and Principal Broker at CrestCore Realty. Did you know that the typical property management client owns “1.5 units?” Despite that low (and strangely divisive) number, the National Association of Residential Property Managers (NARPM) estimates ...
This article was originally featured in March 2018 Think Realty Magazine and written by Julie Ziglar Norman, realtor with Prime Properties Realty. Investing in real estate is one thing. Building wealth by investing in real estate is another. The first scenario is often a short-term, one-off plan; the second represents a plan ...
How the Internet is Changing Education and Real Estate
This article was originally featured in March 2018 Think Realty Magazine and written by Aaron Norris, VP of The Norris Group. Would you rather take an investment course from a local university professor with mild success managing a small portfolio or from Warren Buffet? Your answer is hopefully the latter ...
3 Reasons to Invest in Small Towns
This article was originally featured in March 2018 Think Realty Magazine and written by Michael Miller, Chief Marketing Officer of 5 Arch Funding. Are you an investor seeking fresh opportunities? If you haven’t yet considered fix-and-flip or rental property investments in small towns, now may be the time. Of course, any ...
4 Unique Ways to Source Off-Market Apartment Deals
This article was originally featured in March 2018 Think Realty Magazine and written by Joe Fairless, Principal at Ashcroft Capital. The most common type of apartment transaction is an on-market sale. An apartment owner lists their property with a broker, the broker markets the deal to the public, and, after a ...
10 Mistakes Property Owners Make When Writing their Property Listing
When it comes to marketing a rental property, many investors (myself included at one point) believe that a compelling set of numbers trumps any other information you might include in your property listing. While this might be the case once a buyer or potential tenant looks at those numbers, if ...
How Blockchain Could Transform Property Record Transparency
This article was originally posted in the April 2018 Think Realty Magazine. It’s hard to go a day without news about Bitcoin these days and it’s easy to understand why. The cryptocurrency Bitcoin’s rapid rise late last year drew a lot of attention from the financial sector, with analysts espousing ...
3 Keys to “Making Magic Happen” in Your Real Estate Email Marketing
You’ve heard the phrase “Your network is your net worth" in terms of real estate marketing and email marketing, but when Charles Blair, “Mad Scientist” and founder of the Baltimore area’s Real Deal meetup, says it, he means something entirely different from just getting out there and introducing yourself to ...
Co-Living No Longer a Wall Street Concept
This article was originally featured in April 2018 Think Realty Magazine and written by Aaron Norris, VP of The Norris Group. Co-living is all the rage in major metropolitan areas across the U.S. While these “hacker houses” or “adult dorms” are not new in concept, there are some major players ...
“Best States” Ranking Released for 2018
Iowa, a Midwest farm state in the heart of the United States and host of the winter caucuses, takes first place in U.S. News’ recent “Best States” rankings, which assess and rank how well states perform in serving their citizens’ needs. The study considers health care, education, opportunities, the state’s ...
Investor Spotlight: Memphis Investment Properties
This article was originally published in April 2018 Think Realty Magazine. Memphis Investment Properties (MIP) has been actively investing in the Memphis, Tennessee, real estate market for nearly four decades. the company offers complete turnkey real estate investing services, meaning that real estate investors who wish to own rental real ...
Regional Spotlight: Washington, D.C.
This article was originally published in the April 2018 Think Realty Magazine. When the national housing market collapsed in the mid-2000s, Washington, D.C., homes lost nearly $120,000, on average, from their overall value. Median home prices in the area bottomed out in July 2009 around $355,000, a steep fall from ...
Chief Economist Talks Homeownership, Housing Policy, and Market Turning Points in 2018
This article was originally published in April 2018 Think Realty Magazine. When Lawrence Yun talks about real estate, the discussion revolves around what he refers to as “turning points” in national and local markets. “My role, as chief economist at the National Association of Realtors (NAR), is to look at ...
Q&A: The Art (and Data) Of Effective Flipping
Daren Blomquist, senior vice president of communications at ATTOM Data Solutions (formerly RealtyTrac), has spent nearly two decades analyzing housing data and providing the real estate industry with insight on housing statistics and trends. Blomquist, who is also the managing editor of ATTOM Data’s monthly newsletter, excerpts of which may ...
Renovation Rockstars: Bread-and-Butter House With A Surprise
When Florida real estate investors John and Corinne Tesh first heard from the owners of this “bread-and-butter” Florida block house, they expected the property might be a challenge. Hurricane Irma had just swept through Florida, leaving devastation – and a lot of motivated sellers – in her wake. Bread-and-Butter House: ...
3 Value Plays To Create Community
The following article was written by contributor Tammy Phelps-Keglovich and was featured in April 2018 Think Realty Magazine. I’ve spent more than 20 years as a real estate investor, and here is a very important lesson I’ve learned: ere’s what they tell you, and then there is the real investing world ...
Renovation Rockstars: Fire Recovery Rehab
When Vernon Vaughan of FairAndFastHomebuyers.com first spotted the promising address on Hubzu.com, he believed he was investigating the purchase of a vacant lot. “I swung by the property on the way to the movies with my twin boys and was very surprised to find a house!” he recalled. “I made ...
5 Markets Where the Middle Class Can Still Afford a Home
If your real estate strategy relies on middle-class buyers being able to afford your properties, then you might want to take a closer look at these metro areas. As the housing affordability crisis looms as the next big issue for our national housing market, an increasing number of would-be homebuyers ...
Appraiser’s Board to Ease Certification Requirements
Property appraisers no longer need a college degree in order to receive their certification, and they do not have to put in nearly as many hours as they used to in order to obtain and maintain that certification, either. According to a recent announcement from the Appraisal Foundation’s Appraiser Qualifications ...
3 Code-Cracking Tips for a Fast Sale
This article was originally published in March 2018 Think Realty Magazine. As a full-time realtor and full-time investor, I see things from a different perspective from a lot of investors and many agents and brokers. I know that sometimes a small change costing pennies on the dollar for an investor ...
