Tag Archives: Brooklyn

4 Ways to Tap Into Your Full Investment Potential

Are you ready to grow your wealth and watch your portfolio expand like you never thought possible? While real estate has traditionally been treated as a boring, slow-moving diversifier and stabilizer for portfolios, it can actually do incredible things for you if you know how to tap into your full investment potential. With these tips, you can efficiently and effectively take the steps necessary to gain more wealth and more earning power with your real estate investment portfolio.

Become an Excellent Communicator

Whether you’re working with an investment expert to perfect your portfolio or you’ve hired a realtor to help you find the best fix-and-flip houses, communication is key in the world of real estate investing. The clearer and more succinct you can be when communicating what you want and need, the more effectively others can work for you to help you achieve it.

Never Underestimate the Power of Networking

Next, use those communication skills to your advantage by networking with people in the real estate industry. You want to get to know brokers, contractors, real estate agents, financial advisors, other investors, and anyone who may have a new perspective or lead on the best investments for your portfolio. You never know when you might encounter a new investing partner, so always take advantage of opportunities to do some networking.

Always Follow Up

Of course, just meeting and greeting people in the real estate industry won’t get you very far if you don’t follow up with them later. Whenever you collect business cards at an event or whenever you meet someone by chance who works in real estate investing, be sure to follow up with a brief, professional email or call within 24 hours. You don’t want them to forget who you are and wonder why you’re emailing them, so always be prompt. Then, after that initial email, be sure to foster and build the relationship so that you create a true connection, not just another name in your phone.

Get Social

Beyond in-person interactions, get online and create an active social media presence for yourself as an investor. Whether or not you create specific pages for your investing ventures, you should be active on Facebook, Twitter, and LinkedIn, showing that you are a serious investor with a head for business.

On that note, be very aware of how you present yourself online and in person. Post only professional and appropriate pictures and content. Avoid volatile political debates, and don’t make comments that could make people question your character. You want people to find you on social media, and you want them to see you as someone they’d like to work with, whether in an investment deal or in another venture.

When you do these four things, you’ll create a reputation for yourself as a savvy investor with great people skills. You’ll be approachable, and you’ll have the connections you need to get leads on Harriet Robertsonthe very best investments in your niche.

Give us a call for more information, Thanks, Harriet

Advice To Help You When Purchasing Property

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If you’re new at purchasing real estate, then you might want to read this and then employ the help of reputable real estate agents. Pros have lots of resources you don’t, including computer software that allows one to effectively search all MLS listings. The MLS tools available to professionals are more detailed than those accessible by the average individual, and are able to advise you with greater accuracy and insight. Many first-time home buyers don’t bother to get prequalified. They, also, don’t take the time to shop around and find the best mortgage for their individual situation. It’s crucial to ask questions and make sure you fully understand the home loan process.

Getting pre-approved gives the buyer a chance to find out how much home they can afford. A competent loan officer will tell the buyer not only the principal and interest payments per month, but also the estimated taxes, insurance and mortgage insurance monthly amounts. This gives the borrower a true number to work with in order to decide their comfort zone when looking at potential properties. Also, sellers will be more interested in negotiating with you, and accepting you as their purchaser, if you’re working with a good RE agent, and if you’ve already been pre-approved for a mortgage loan. If you are not pre-approved, it can lengthen the timeline of the purchasing process, and can result in additional costs.

Before buying a home, get an inspector to examine it. You don’t want to have a home that needs tons of renovating. Not only will this cost a lot, you might need to change your living situation until it’s fixed.

One simple way to start the entire real estate buying process is to get organized. You should have a notebook full of the information you get from newspapers, friends, online, and also from your agent. This will avoid confusion and make it easier for you to compare different offerings. Remember that your offer is very unlikely to be the only one on the table, so make a good offer. Do what you can to ensure it’s appealing to a seller.

If you are looking to purchase some of or all of a building in order to open a business, make sure it is in a good neighborhood. When you open a business that is located in a poor neighborhood, most likely you will not have a large pool of customers. Real estate agents will be able to advise you as to the best places to open a business. It’s easy to get wrapped up in your present needs, but you should also think about reselling the home before you buy. The average first-time buyer expects to stay in a home for around 10 years, according to the National Association of REALTORS®’ 2013 Profile of Home Buyers and Sellers. Factor maintenance and repair costs into your buying budget, because even brand-new homes will require some work. Don’t leave yourself short and let your home deteriorate.

When deciding on an agent, it is important to have a list of questions already planned out. You will want to know how many homes were sold during the previous year, as well as the number in your target area. The agent should be prepared to answer all of these questions in a professional manner. It’s absolutely vital that you find a real estate professional who understands your goals and who is ready and able to guide you through the home buying process.

If you’ve made an offer for a house that seller didn’t take, don’t be discouraged, since you might find a better home. See if they might offer to cover closing costs or necessary repairs prior to you moving in.

Request a checklist from your Realtor to put yourself in the best position before buying. There are many Realtors that have a checklist like this already prepared. It covers the entire home-buying process, from choosing a house to getting a loan. Using this checklist can help you make sure that you have completed everything in time to close the sale.

sold101As this article shows, buying real estate is not as complex as it seems. You must take some time to educate yourself and ask a lot of questions, but the potential profits are well worth the invested time. If you use the above tips, you should be able to make a wise decision on your next real estate purchase.

Call me for your next good adventure..!

 

Heeeeeeeeere’s Brooklyn

brooklynshopsToday’s society is ever changing and very diverse. Brooklyn NY has withstood the test of time and stays in sync with cultural changes as well as economic changes. We have had our share of ups and downs as well as the rest of the country but we are bouncing back and bouncing back hard. The housing industry is on the move. This upward trend of buying and selling homes is fast paced. Let’s look at some facts about Brooklyn provided by wikipedia.org   Continue reading

Brooklyn Night Life

Friends, Please join me at the 2015 Summer Concerts:

Seaside Summer Concerts 2015 Festival at MCU Park – 7:30 pm:
Thursday, July 23rd – Starship featuring Mickey Thomas and The Lord Calverts
Friday, July 24th – Latino Music with Eddie Santiago and N’Klabe

Martin Luther King Jr. Concert Series at Wingate Field – 7:30 pm
Monday, July 27th – Morris Day and The Time
Monday, August 3rd – Gospel Night with Ricky Dillard & New G, Mike Willis & The Called, and Christian Cultural Center Choir
Monday, August 10th – Reggae Night – Freddie McGregor, Christopher Martin, New Kingston, and Ikaya
Monday, August 17th – Old School Night – Doug E. Fresh, Kurtis Blow, and Special Ed
Admission is FREE !
-Eric L Adams, President of the Borough of Brooklyn

BPO events

Hey New York, Looking To Buy, Sell, or Rent?

23DrewCt Staten IslandWhether you are a single person looking to buy a condo or a family looking to sell your home or an apartment manager needing to rent an apartment, I can help.

I am an owner, broker, agent and handle all areas of real estate with honesty, integrity, and your best interest at heart.

BrooklynnyBPO also works with Preferred Partners;
OneTitle National
Guaranty Company, Inc.

New York Life Insurance Company
Gloria Webb, LUTCF

Residential Single Family – Our residential single family services connect buyers with sellers every day, and we do it with professionalism and a total dedication to our clients. This property type is the majority of our market transactions, but by far not the only one in which we have expertise.

Condominiums – Continue reading

Brooklyn Brownstones

Over the course of the next week or so we will be discovering and discussing what are Brooklyn Brownstones, their history, who owns them and their value.There are many brownstones throughout numerous New York City neighborhoods, especially in the Brooklyn neighborhoods of

Continue reading

Brooklyn By Numbers

The government shutdown not only affects the real estate market but the stock market, unemployment & credit rating. Let’s find out if the shutdown damaged Brooklyn’s housing.

Research reflects that sales of both new and existing homes slowed slightly from September 20th to October 20th. The noticeable difference was in the number of homes available. dropping by o.7% while the average listing price of a home increased by about $40,000. You can expect to pay around $550 per square foot. Some neighborhoods have an average of $600.   Continue reading

New Theater? Keep On Trying

stannswarehouseOnce again, planners are trying to gain city and state approval to turn the historic Tobacco Warehouse into a theater. After trying to years ago, with no success thanks to the US District Court, St Anne’s will be presenting it’s plan to the Landmark Preservation Commission.   Continue reading