There are many great ways you can reinvest the proceeds from the sale of your Atlanta house. In our latest post, we explore some options to make your new found cash work for you! People sell their home for all sorts of reasons. Sometimes the cash is needed right away to pay a debt, and sometimes they find themselves with an unexpected surplus available to use elsewhere. Instead of spending this money on material objects and things that come and go, why not reinvest your earnings into something that will benefit you down the road? Below we will discuss some of our favorite ways to reinvest the proceeds from the sale of a Atlanta house! Real Estate Crowd FundingA great way to reinvest the profits made from your Atlanta area house, is to put the money into a real estate crowdfunding opportunity. You’ll want to research any investment before sinking your money into it, but investing in a real estate crowdfunding opportunity can be a passive and hands-off investment that can really pay off. 529 PlanThere is no greater investment than that in the future of your children. By contributing to a 529 plan or a designated college fund, you’re not only contributing to your child’s future, but you are also teaching them a financial lesson. The money placed in a 529 plan will grow tax-free, and will not be taxed when the money is withdrawn. Many families utilize these savings plans for their children ahead of time, so they are not blindsided by huge bills when their children begin college careers. A Rental PropertyWhen selling one home, it can be a great idea to reinvest in another. Not only will you avoid capital gains taxes this way, but you will also be able to find a rental property that really performs and generates a substantial profit for you. If one home or investment property isn’t working, maybe it’s time to try something different! When you find the right rental property in Atlanta , you’ll be able to generate an almost passive income, building on the proceeds you have received. Home ImprovementsIf you sell an underperforming rental, you can use the funds to improve your primary residence. Building equity in your home as well as adding a feature you will personally enjoy is never a bad thing. Whether you want to improve a dated kitchen or repair an old roof, now is the time to get those things done. While you might be faced with capital gains taxes when you choose to spend the money on improvements, you will be able to take a deduction for your home improvement costs. Plus, in order to face capital gains taxes, you would need to generate hundreds of thousands of dollars in profits. Pay Off Other DebtsDo you have high-interest debts weighing you down? Now is the time to clear them up once and for all. Paying money to borrow money doesn’t usually make sense. While carrying a mortgage can actually help in some financial situation, but having a high-interest loan or credit card doesn’t. Before you go and spend all of your proceeds, don’t forget about the looming tax man. When you reinvest your proceeds into a “like-kind” investment, you will be able to avoid capital gains taxes. Always be aware of your tax consequences when you reinvest the proceeds from the sale of your home. You should always consult with your financial planner or CPA before making any financial moves. Learn about some great ways to reinvest the proceeds from the sale of your Atlanta house! Get in touch with us today to learn more! 770-769-5295The post 6 Ways To Reinvest The Proceeds From The Sale Of Your Atlanta House appeared first on Cash Home Buyers Atlanta. from https://www.cashhomebuyersatlanta.com/6-ways-to-reinvest-the-proceeds-from-the-sale-of-your-atlanta-house/
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As a Atlanta real estate investor, there are many benefits to making your investment property energy efficient. Your tenants will appreciate the savings and your dedication to the environment. Learn a few great ways to make your house more energy-efficient in our latest post! When your rental property is energy efficient, you’ll be able to attract the eye of more potential renters. Not only do people like the savings they’re likely to receive, but they’ll also like the fact that they are helping the environment too. Below are a few great ways landlords can make their rental properties more energy efficient in Atlanta ! Save WaterA great way to save water is to install low-flow faucets, shower heads and toilets throughout the home. Look for fixtures with the WaterSense label to ensure you are getting a product that can really save water. For a few dollars, your tenants will be able to save money all year, and you will be doing something great for the environment. If the property has a garden or many plants requiring water, it might make sense to collect rainwater as opposed to always running the hose. Some areas don’t allow this, but other areas encourage it. Before putting in any permanent fixtures. be sure to find out what is acceptable in your area. Seal Off WindowsCool air seeping in, warm air leaking out… having a drafty home is not only costly but also annoying. You’ll never feel as if the house is the right temperature. One part of a room may feel warm, while another feels much cooler. It can get old fast but can be fixed relatively easily. With a quick trip to the hardware store, you can find weather stripping for the doors and windows. They even offer window insulation kits to help make the process easier. Another way to save energy involving your windows would be to invest in some high-quality shades to block drafts and keep the house warm or cool depending on the time of year. Remember, you are dealing with tenants, so if you make the investment in professional shading, ensure you have tenants that will treat them well. Swap Out The BulbsSure, the bedside table light should be your tenants responsibility, but the difficult to reach lights and lights in bathroom, kitchens, canned ceiling lights, bulbs in the kitchen, and any light that is apart of a permanent fixture, should be swapped out for a low energy, long lasting bulb before the tenants move in. Let the tenants know that the property is equipped with these bulbs and hopefully they will follow suit, using energy-efficient bulbs in their personal lighting fixtures as well. It’s a small change with a low cost and big impact. Add Solar PanelsThis may not be cheap up front, but it will benefit you, your tenants, and the planet in the long run. In many areas, there is also the added benefit of selling your surplus energy back to the utility company. And who doesn’t want the electric company to pay them for a change? There are also tax incentives available for owning a home using solar power! For example, this year, you are able to deduct 30% of the installation costs! When installing solar panels to your home, you’ll want to make sure they are properly maintained. While rain can clean off some things, it pays to have them serviced once in a while. Sometimes pests and debris can wedge their way between the panels and roof, so if is wise to add screening or have a pro come out every so often. Energy Star AppliancesThere is no need to go out and replace all of your appliances right away, in fact, that’s kind of missing the point. However, as replacements are required, be sure to only purchase only Energy Star appliances to help save money on operation costs, without sacrificing on quality. Energy efficient appliances will use anywhere from 10-50% less energy than standard appliances. And should you ever decide to live in the home yourself, you’ll be able to experience the direct benefits as well. As more and more people realize the effect our everyday lives have on the environment around us, the more people are willing to change. Making these small improvements to your home will help you do your part and help you to attract environmentally conscious tenants. Even if your tenants are “environmentalists,” they are guaranteed to love the additional savings that comes with an energy efficient house. With lower water bills, electric bills, and gas bills, your tenants will have an easier time paying rent, keeping them there for the long-term. Learn more about how to make a Atlanta property energy efficient. Get in touch with us today for other ways to capitalize on your Atlanta real estate investments! 770-769-5295The post 5 Ways To Make Your Atlanta Investment Property Energy Efficient appeared first on Cash Home Buyers Atlanta. from https://www.cashhomebuyersatlanta.com/5-ways-to-make-your-atlanta-investment-property-energy-efficient/ Working with other investors in Atlanta can help you buy and sell faster. In our latest post, learn more about the benefits of working investors and you’ll be able to find out what we can do to benefit you! If you own an investment property in Atlanta or the nearby areas that you are ready to sell, working with a fellow, local investor may just be the best way for you to sell. By working together, both buyer and seller of the investment property can benefit. Relationships can be built that will last a lifetime! Below, you can learn about some of the great benefits to working with other investors to sell your property quickly and without any hang-ups or hassles. They Understand Your PlightWhen you work with another investor, they will understand what you are trying to achieve, and won’t waste your time making unrealistic offers. You’ll be able to speak the same language and work together to create a win-win situation that works for all parties. A seasoned Atlanta investor, such as the team at Cash Homebuyers Atlanta, isn’t going to waste your time with a bogus offer or make you wonder when the property will actually close. By working with an investor in Atlanta , you’ll be able to save time and money in the long run! Get A Fair PriceSeeing as they understand where you are coming so well, you can be assured they will pay you a fair price for the property. Both parties are on the same page. Finding a fair price should be pretty obvious to the buyer and seller who will understand both sides of the transaction. You won’t have to worry about haggling or answering ridiculous offers. When you work with a fellow Atlanta investor, you’ll be able to meet like-minded individuals who you can add to your local network of associates in the business. A Fast SaleJust like you, an investor buying your Atlanta house will want to close quickly. They don’t want their funds tied up while the sale is processing. And just like you, they will be motivated to move fast and close quickly. They’ll understand the holding costs and will work with you to take possession of the property as quickly as possible. When you sell your Atlanta house quickly, you’ll potentially be able to save thousands on utilities, homeowners insurance, property maintenance, taxes, and possibly your mortgage. Sell As-IsMany investors will want to purchase your Atlanta investment property as-is, saving you from repair expenses and wasted time. When you sell your Atlanta house as-is, you won’t have to spend time or money making repairs, marketing the house, or even cleaning up. We will handle everything from start to finish so you won’t have to sink another dime into your unwanted house in Atlanta . Save MoneySelling your house without an agent will save you a fortune in commissions. In many cases, there will also be agent fees and administrative expenses to factor in when hiring a Atlanta real estate agent. Plus, the holding costs incurred during a traditional sale can amount to thousands if the property sits on the market for a while. By selling your house directly, you will be able to sell quickly, liquidate your investment property, and move on without any hassle or cost. At the end of the day, working with other investors to sell your Atlanta house is a great way to efficiently and effectively sell your property for a great price. The team at Cash Homebuyers Atlanta is buying houses in the area, and would love to work with you to sell your Atlanta investment property! Ready to learn more about working with other investors to buy or sell property in Atlanta ? Get in touch with us today! 770-769-5295The post Working With Other Investors To Sell Your Atlanta House appeared first on Cash Home Buyers Atlanta. from https://www.cashhomebuyersatlanta.com/working-with-other-investors-to-sell-your-atlanta-house/ Whos At Fault? Understanding Who Is Liable For Repairs to Your Atlanta Investment Property4/17/2019 As a landlord, you will inevitably encounter a situation in which you’ll need to determine who is liable for repairs to the home. Sometimes, you’ll find that each party will blame the other, leading to a difficult and frustrating situation for everyone involved. In our latest post, we will discuss ways to determine who is liable for repairs to your Atlanta investment property and how you can easily resolve any differences that might come up. Every landlord has had to deal with repairs to their rental properties. Sometimes they are forced to bite the bullet, paying for repairs they aren’t liable for. Other landlords will try to push off repairs on the tenant by either dragging their feet on the issue or flat out refusing to pay at all. Before letting any tenant move into your property, you’ll want to have a good understanding of who will be required to cover repair costs. Whether it be you or them, the house needs to be repaired and knowing who will pay the costs will save everyone from further hassles and headaches. Lay It Out In The LeaseTo avoid areas of contention in the first place, you’ll want to make sure your lease is very detailed in regards to these matters. Taking the extra time and having a long lease may seem complicated up front, but it will save you from a lot of costly situations down the road. It’s wise to enlist the help of a real estate attorney to help you make sure your lease is complete and comprehensive. Once you have it drafted, the same boilerplate lease can be used with other properties down the road. With property specific modifications of course. If your tenant is making repairs on their own and is hiring a contractor, make sure they are licensed before any work is done. This should be included in the lease as well. Major SystemsWhen it comes to things like plumbing, heating, pests, electrical systems, and other major systems within the house, you are responsible for their functionality and repair. As a landlord, you have an obligation to provide a home that is habitable for your tenants. Not being able to use the water or turn on the light isn’t an acceptable living condition for your tenants who pay good money to be there. Air conditioning is not technically a requirement according to many leases, but as a good landlord, and decent human being, you’ll want to make sure the AC is in working order before your tenants move in, especially if your house gets hot in the summertime. AppliancesIf you supply the appliances, as many landlords do, it is up to you to make sure they are kelp in working order. If the fridge goes out, you’ll have to cover the repair costs or purchase of a new unit. If the washer goes out, but you only supply the hook-ups, not the washer itself, the repair would obviously fall on the tenant. When choosing appliances for a rental property, keep in mind they are likely to receive a bit more wear and tear than the appliances in your home. Make sure the appliances you use are durable, can withstand frequent use, but won’t cost a fortune to replace. When The Security Deposit Comes Into PlayFor things outside of normal wear and tear, the security deposit may be used. This is what it is intended for, to cover damages specifically caused by the tenant, that are out of the normal scope. As with everything else, make sure this is fully outlined in your lease. All the details should be in writing to avoid any push back from your tenant. People will often expect to receive their entire security deposit back upon moving and will fight you tooth and nail to get it. After all, moving is often the time when people could use some extra money the most. When dipping into the security deposit to cover repairs, make sure you have all costs documented. Every cent spent should be for a valid reason, and not for something that should have been paid for by you. If you are unclear about who needs to pay for repairs or if an agreement cannot be reached, it’s important to consult your lawyer to discuss how to proceed. You don’t want to find yourself in violation of the law by renting out a property that isn’t safe or liveable nor do you want to get stuck paying for repairs that are not your responsibility. When making repairs, it is important to have them done right away as not to cause further inconvenience for your tenant. Learn more about who is liable for repairs to your Atlanta rental property! Get in touch with us today to learn more about your responsibilities as a landlord! 770-769-5295The post Who’s At Fault? Understanding Who Is Liable For Repairs to Your Atlanta Investment Property appeared first on Cash Home Buyers Atlanta. from https://www.cashhomebuyersatlanta.com/whos-at-fault-understanding-who-is-liable-for-repairs-to-your-atlanta-investment-property/ Looking For Cash Home Buyers In Grayson ?We Analyze The 3 Ways To Sell Your Home In Grayson GaIf you own a home and are thinking about selling to home buyers in Grayson Ga, you have a number of selling options available to you. In this blog post, we’ll look at those 3 ways and break them down to help you determine which way is best for you. For most people, owning a home is the largest purchase of their lives. So it’s not surprising that the process of buying a home or selling a home can be extremely complex. Over the years, three home-selling options have developed to allow homeowners like you to sell to home buyers in Grayson Ga. As you think about selling your home, you need to decide which way to sell is best for you, given your goals and timeline to sell.
Home-Selling Method #1: Sell Through A Real EstateThis is the traditional way to sell your home, so it’s also the most common. In this home-selling method, the homeowner chooses a real estate agent who will list the house. The agent acts as a “middleman,” showing prospective home buyers in Grayson through your house until one of those buyers decides to buy. They’ll make an offer, the agent will negotiate on your behalf, and then you’ll close. The timeline on this selling method can take months (the average is 3-6 months). Sellers who choose this method prefer to gamble on the timeline to do less work (the agent does the work) and with the hopes of selling at the market price. However, sellers who use this method will often need to spend money up-front to repair their house first, and then spend money after the sale on agent fees and commissions. Home-Selling Method #2: Sell On Your OwnThis method of selling has grown up in response to a desire to save money on agent commissions. The process is very similar to the above method of selling but it’s done by the homeowner themselves, and not by an agent. The homeowner lists their house, shows it to prospective buyers, negotiates with the buyer, and closes the deal. There are a lot of similarities – the timeline is usually the same and the homeowner will still have to pay up-front for repairs on their house to make it sellable. Sellers who choose this method don’t mind the extra work involved in showing their house; they usually choose this method to save money on commissions. Home-Selling Method #3: Sell Direct To Home Buyer In GraysonThis method of selling is gaining popularity as homeowners look for a third way to sell. This process is very different – it’s also faster, easier, and doesn’t cost the homeowner anything (so it’s not surprising that this method is gaining popularity). Rather than listing and showing the house or negotiating, the homeowner simply sells their house direct to a professional home buyers in Grayson with cash and who is ready to buy the house as-is right now. It’s faster – the buyer has money and is ready to buy; it’s easier on the seller – there is no expense or effort to repair the house before it’s sold; and it doesn’t cost the homeowner anything – professional home buyers (like what we do here at Cash Homebuyers Atlanta) usually pay closing costs and fees. As professional home buyers in Grayson , we love helping sellers sell their house faster, easier, and for no fees. If you want to learn more about our service and how we can help you, connect with us by filling out the form here or by calling 770-769-5295https://CashhomebuyersAtlanta.business.site play list sell your house fast Tips to sell a house https:www.Twitter.com/ibuyanyhomeatl The post Home Buyers In Grayson – We Analyze The 3 Ways To Sell appeared first on Cash Home Buyers Atlanta. from https://www.cashhomebuyersatlanta.com/home-buyers-in-grayson-ga/ Do you need to sell your investment property in Atlanta ? In our latest post, we offer ways to know it’s time to sell as well as the options available to you! While owning real estate is one of the best ways to generate extra income, not every property is going to be profitable. Many investors hold on to properties far longer than they should, completely negating any profits they had made in the past. If your investment property isn’t performing as you would like to, maybe it’s time you consider selling it for something else! Keep reading to learn more about our 4 signs its time to sell your investment property in Atlanta . Negative Cash FlowInvestment properties will always have their ups and downs. It’s part of being a landlord. Look for patterns. If this is a regular occurrence, it might be best to hold on through the slow period. But if you are consistently seeing negative cash flow or if you are having trouble retaining high-quality tenants, it might be best to cut your losses and walk away. Nowhere does it say that you need to hold on to your rental property forever. There are better investments out there, and using the cash from your underperforming rental is a great way to change your situation. Difficulties In DistanceBeing a remote landlord can work for some people. But in some cases, paying a property manager can be expensive and handling things on your own can be next to impossible. Property showings, tenant screenings, checking on the property, and building a relationship with your tenants can be difficult when you aren’t located nearby. Only in some situations are a landlord and tenant able to live far away without the use of a property manager. Many times, these relationships are possible because the landlord and the tenant knew each other previously or through a friend. The Value Has Jumped SignificantlyIf you are able to resell the house for a substantial profit, it might be in your best interest to do so. While you could be collecting rent each month, slowly profiting over time, there aren’t any guarantees you will be able to retain high-quality tenants for the long-term. You may run into vacancy issues, the rent prices in your area may fall, and the overall value may drop before you decide to resell down the road. If you have the opportunity to resell the property at a significant profit, it is something you will definitely want to consider. Maintenance Costs Are RisingAs the house gets older, it will likely cost more to maintain it. As you see your profits diminish and your repair bills grow, you need to ask yourself if this pattern will continue. Having to fix one thing after another can be extremely costly and frustrating. Not only can the maintenance get expensive, but the time and stress caused can be overwhelming for Atlanta investment property owners. Your investment should be a sense of pride and generate income for you and your family. Property in any other state may be more trouble than its worth and a great candidate for a resell. Do you own an investment property in the Atlanta area that you wish to sell? Let’s work together to run the numbers! Find out if you should keep the property, sell it directly, or hire an agent to help you! You have options when selling your Atlanta investment property, and we are here to help! Is it time to sell your investment property in Atlanta ? We can help you explore the options available to you! Get in touch with us today to learn more! 770-769-5295The post 4 Signs Its Time To Sell Your Investment Property in Atlanta appeared first on Cash Home Buyers Atlanta. from https://www.cashhomebuyersatlanta.com/4-signs-its-time-to-sell-your-investment-property-in-atlanta/ How Much Cash For Houses In Buford Can You Get?If you’re thinking about selling your house, here’s how much money you can getSellers are asking about cash for houses in BuFord Ga.– they want to know how much they will get if they sell their house. If you’re thinking of selling and wondering how much you might get, this blog post will help to answer that question. An Important DefinitionSince this blog post will be read by people all over Buford Ga (and surrounding areas), with various price prices reflected throughout the area, it’s difficult to write about a specific dollar figure. However, here’s an important concept that will help you understand how much people pay cash for houses in Buford… On The Market: When a house sold “on the market”, that means it’s usually listed by a real estate agent and sold after several potential buyers have seen the property and at least one has made an offer. Houses sold on the market will often be sold for approximately the same amount that other similar houses in the area have sold for. This is called “market price”. Off The Market: When a house is sold “off the market”, that usually means the homeowner has decided to sell their home directly to a buyer instead of list their home. Houses sold off the market will often be sold for slightly less than their market price, this is called “below market price.”
You might be reading this and asking, “why would anyone accept below market price, and less cash for houses in Buford than others?”That’s a good question but there’s more to the story:
How much can you get for your home? Selling on the market may mean you sell your house for more money but it takes longer and costs more; selling off the market may mean you sell your house for below market price but it’s faster and there are no expenses or fees. So, how much will sellers get in cash for houses in Buford? It depends on how you sell – on the market or off the market… and that is determined by how quickly you want to sell and how much time and money you’re willing to invest to sell. We pay cash for houses in Buford and we’d like to make a no-obligation offer on yours. Click here to fill out the form or call our office right now at 770-769-5295https://CashHomeBuyersAtlanta.business.site Playlist Sell my house fast peachtree corners ga play list sell your house fast Tips to sell a house Playlist Sell Your house fast Snellville ga The post Cash For Houses In Buford – How Much Can You Get For Your House? appeared first on Cash Home Buyers Atlanta. from https://www.cashhomebuyersatlanta.com/cash-for-houses-in-buford-ga/ “What Are My Options To Sell My House Fast In Berkeley Lake Georgia?”Homeowners in Berkeley Lake,Ga. who want to sell their home quickly need to know what their options are…If you own a home and you’re thinking, wondering, “how do I sell my house fast in Berkeley Lake,Ga.” this blog post is a quick tutorial on your available options, and how you decide which option is right for you. The speed of selling your home comes down to three main factors: 1. How long you’re willing to take to sell your house Option #1: What Is Your Timeline?The first factor is: how long are you willing to take to sell your house? Most people think of selling their home the traditional way, by listing through an agent. This method of selling can take 3 to 6 months (sometimes longer, depending on market conditions). So if you have a lot of time and are not in any rush, this might be a good option for you. However, many homeowners don’t want to wait that long. Usually people sell because they need to move and they don’t always have 3 to 6 months (or longer) to wait for a sale. So there is another option, and that is to bypass the agent and sell directly to a home buyer. Option #2: How Much Do You Want To Spend?Most people are surprised by this question because they don’t realize that they have to spend money to sell their house but if you sell the traditional way, there are two times that you have to spend money: before you list, when you renovate your property to get it ready to sell; and after you sell, when you pay your real estate agent a commission for selling the property. Both of these can costs THOUSANDS of dollars. Not all homeowners are comfortable SPENDING all that money in order to SELL their house. If you’re a homeowner who would prefer to keep more in your pocket, you have another option: you can sell your house direct to a homebuyer like us at Cash Homebuyers Atlanta. We buy houses as-is and take care of all costs (and there are no fees or commissions). Option #3: Selling PriceSome homeowners believe that the market price for their house will be high, so they’re willing to wait and gamble and see if a buyer will purchase it for that price. When a buyer is eventually found, they MIGHT offer more, the same, or less than the asking price. But not all homeowners like the “unknown” of this gamble. They don’t want to wait months in the hopes that someone will offer what they’re asking. They subscribe to the saying, “a bird in the hand is worth two in the bush”, meaning that they’d rather work with a home buyer – even one who might offer slightly less than a market price – in order to know EXACTLY how much they can get for their house right this very instant. If you’re a homeowner and you’re wondering, “What are my options to sell my house fast in Berkeley Lake,Ga.?” then it really comes down to these 3 factors that will determine whether you’re willing to list or to sell right now. If you want to sell your Berkeley Lake house fast, we’d love to make you an offer. Give us a call at 770-769-5295 or click here now to fill out the form.https://CashhomebuyersAtlanta.business.site The post Sell My House Fast In Berkeley Lake, Ga – What Are My Options? appeared first on Cash Home Buyers Atlanta. from https://www.cashhomebuyersatlanta.com/sell-my-house-fast-in-berkeley-lake-georgia/ |
ABOUT USWe buy houses in any condition as-is so you can just be done. Let us take over the burden of that unwanted property. We will give you fast fair all-cash-offer and we can close in most cases in 10 days. We pay CASH and you will not pay any commissions, agents, Archives
November 2020
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