This episode goes over what purchase power is and how it affects not only what a buyer can afford but what the overall impact is when people list their property.

I have a home that I need to sell before I am able to buy my next home! The market still has an inventory shortage so that means that there are more qualified and motivated buyers for your current home BUT what steps or measures can you take to make sure you can also find your next home while getting your home sold. In this episode we discuss the many strategies of how this can be accomplished and alleviate the fears of selling your home and not being able to find the perfect next home in that timeline.

When an offer on a property is written up by the agent you can expect them to take extra time on the inspections & other contingencies portion of the agreement. These can be a great way to safe guard your investment and ensure that there are no other issues discovered after settlement. However, what is the strategy behind waiving these contingencies? In a sellers market where there can be multiple offers with different contingencies and here price doesn't always make or break a deal.

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We learned about the current state of our market through the eyes of Scott Tomlinson. A lot of different external factors can influence the change in interest rates in the real estate industry. Foreign governments, big business, time of year, and elections are just some of the many things that could cause rates to fluctuate. The most important thing to take from this episode is that when rates in the real estate industry change, it is almost always a product of some external factor and most times it is always out of the lenders control what mortgage rate a home buyer can attain.

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What "upgrades" really can provide monetary returns on investment once a home has been sold?Home renovating, Remodeling, additions, appraised values. What upgrades improve life for the owner but will not be profitable when selling?

What is the number one way to make money on real estate? Tune in to find out!

This is the second part of my conversation with Dennis Gehman of Gehman Design Remodeling. The topics we cover in this episode is current remodeling trends in the industry such as open concept homes, aging in place, bathroom & kitchen remodeling and other trends Dennis and his team has been experiencing. Great to hear from a remodeling professional about what the true cost for what these projects some of the cheaper options that they may not of thought of before talking to a specialist.

In this week's episode we discuss the home remodeling process with the President and founder of Gehman Design Remodeling- Dennis Gehman. Dennis walked me through the entire process of what it takes to accomplish these large remodeling projects and figuring out different ways to work with a customers budget. We also analyzed some of the different trends in the industry as well as the overall health of the remodeling industry. Dennis explained what certifications and qualifications should be looked for in this industry before committing to just any contractor that operates in the remodeling industry. It was a pleasure hearing about the evolution and growth of his business through the years and the great staff that he has brought on to help him do these amazing works of art.

Tune in next week for the second half of the discussion!

What does it take to buy properties with the classifications of REO, foreclosure, HUD, short sales? We dive further into this market and take some of the common misconceptions/Stigmas that come with this specific part of the industry. Are there actually deals to find or is there more to the story?

When a listing is classified as REO, foreclosure, short sale, HUD there certain stigmas & misconceptions that comes with this portion of the real estate market. Our guest today is Chris Nelson who specializes in this part of the real estate market. He works on all sides of this industry including listing these homes, helping to buy these homes for hard money clients and also other investors. One aspect of this conversation that I found interesting is talking about what/why these homes become distressed. A lot of the time there are ways that owners can keep their homes if they are proactive. Tune in next week for part two of my conversation with Chris Nelson.

Just like anything in life, it's important to evaluate everyone and everything in the real estate transaction. Understanding the value of a good lender and why you are paying for them is important and will help your decision when choosing. I sat down with a trusted lender (Ward Kerlin) and talked about the mortgage industry and how they make their money and what to consider when you are choosing a mortgage lender or bank. Measuring the value given to you and what that cost looks like is the first question they should be answering. Another factor to consider when choosing a mortgage lender who is 100% commission over a salaried employee, the stakes are much higher for them and they have skin in the game to make sure they get the buyer to the closing table. Real estate transactions are done right with a group of individuals who work toward the same goal of settling on your dream home or next investment. Hope you enjoy today's discussion!