Thursday, June 10, 2021
Tuesday, June 8, 2021
How Tight is in Rental Market in Phoenix?
How tight is the Rental Market in Phoenix?
I just acquired a Client who needs to rent a home. She wants it on the west side since that is where she works. She is looking for a 4 Bed 2 Story with a Loft for under $1,800/month. Tall order in this market. I found 1 unit available. When I go up to $2,000/month, I found 4 more. This market is red hot on fire, including rentals. In fact, rental permits have out paced single family permits 3 to 1.
I now have the added pressure, that her current Landlord has sold the rental home and she has 30 days to get out. This puts huge pressure on me to find this nice family a home. So I am at break neck speed. Normally, I don’t handle rentals other than my own. In this case, she was a referral from a personal friend and therefore, I am treating her as a personal friend. This is the kind of care you will get when buying or selling thru me.
If you need to buy or sell a home, see us at www.5kflatfeelisting.com. We look forward to hearing from you.
Buyers get: Sellers get:
FREE Home Inspection 5k Flat Fee Listing
FREE Termite Inspection FREE Home Inspection
FREE Home Warranty FREE Termite Inspection
Best,
Geoff Nowlin, Phoenix Realtor
480-466-3737
nowlin.geoff@gmail.com
Thursday, June 3, 2021
How to win in a multiple offer situation
How to win in a multiple offer situation!
Just Sold: 41714 N. Anthem Ridge Drive, Phoenix 85086
This home would be a 1.2M – 1.5M anywhere else. This property is in the Anthem Country Club a private gated, golf community. This is a 3,290 sqft, 4 bed, 3.5 bath, 15-foot ceiling gorgeous luxury home in every sense. More than fantastic grounds and finished back yard. They offered the home at 775k. The reason we were able to get it was
1) we over bid at 805k
2) we were willing pay the HOA special assessment of 4k
3) we submitted a cash offer
4) we submitted it with a proof of funds showing cash
The truth is that my Buyers were going to role their last homes proceeds to pay for Anthem Ridge in cash. But we didn’t want to submit a contingent offer. Because a contingent offer would not be accepted in this hot market. So we compiled a list of their assets, IRAs, etc. and submitted that as the source of funds.
Since this was a relocation deal for the Sellers it took 7 weeks to complete which gave my Buyers plenty of time to close their old house, pocket the 1.2Mil. (p.s. which I sold for www.5kflatfeelisting.com).
I know not everyone has 805k IRAs and assets to put down to be a cash buyer. If you are in that situation, call me immediately to discuss the creative ways that I use to make the non cash buyer look like a cash buyer at contract acceptance time.
If you need to buy or sell a home, see us at www.5kflatfeelisting.com. We look forward to hearing from you.
Buyers get: Sellers get:
FREE Home Inspection 5k Flat Fee Listing
FREE Termite Inspection FREE Home Inspection
FREE Home Warranty FREE Termite Inspection
Best,
Geoff Nowlin, Phoenix Realtor
480-466-3737
nowlin.geoff@gmail.com
Thursday, May 27, 2021
Why get a personal 1 on 1 Real Estate Mentor!
Why get a personal 1on1 real estate Mentor!
Most new people to real estate know there is money to be made but just don’t know how to do it. I just completed a 3-day 1on1 real estate Mentorship with Jeanette and Sonia. They have their other day jobs and had zero training before we came together for a formal 1on1 real estate Mentorship.
In the course of 3 days they learned how to
. Find Property 109 different ways
. How to approach and speak to a Seller or Prospective Seller
. How to fix and flip
. How to perform 4 different ways to Wholesale
. How to buy and Apartment building NO$Down and get $60,000+ cash back at closing
. How to assume non assumable loans using the Subject To technique
. How to creatively finance property 65 ways
. How to execute a Subordination deal
. How to execute a Land Contract
. How to execute a Wrap Mortgage
I am probably rambling on. The point is, they went from zero to 1,000 miles an hour. At the end of our 3 days together, they were given a specific Action Plan to implement. They needed a way to generate money now and long term wealth there after. That’s what real estate can do for you. Can’t wait to report on their first deal. Pray for them as I did. If you need a 1on1 real estate Mentor, I have over 700 since 2000 under my belt. I have a 5 page proposal to send you for the asking.
If you need to buy or sell a home, see us at www.5kflatfeelisting.com. We look forward to hearing from you.
Buyers get: Sellers get:
FREE Home Inspection 5k Flat Fee Listing
FREE Termite Inspection FREE Home Inspection
FREE Home Warranty FREE Termite Inspection
Best,
Geoff Nowlin, Phoenix Realtor
480-466-3737
nowlin.geoff@gmail.com
Monday, May 24, 2021
How to get a 1 on 1 Real Estate Mentorship:
Dear Prospective Student:
Before you pay the TV Guru huge sums of money! Read this……..
My name is Geoff Nowlin and I have been a professional Real Estate Investor, Mentor, Realtor, Home Inspector and Trainer since 2000 when I paid $28,000 Platinum package price to have Russ Whitney teach me this business. Since then, I have done 700+ personal one on one real estate Mentorships with Students in USA and Canada. Thank you for expressing interest in me and in Real Estate. I believe it is a wonderful career path to happiness, wealth, cash flow and love for you and yours.
Please allow me a moment to discuss my philosophy, background, experience and to set your expectations for the 3-5 Days we will spend together. Additionally, I will provide herein a lengthy list of all the Promises that I make and fulfill during our time together.
And if you think you are gonna spend anywhere near the above amount, forget about it. I am much more affordable than any TV/Radio guru types. I should know, I have worked with most of them. If you have seen them on TV, I have worked with them. Don’t over pay! Call me to ask for my Proposal.
If you need to buy or sell a home, see us at www.5kflatfeelisting.com. We look forward to hearing from you.
Buyers get: Sellers get:
FREE Home Inspection 5k Flat Fee Listing
FREE Termite Inspection FREE Home Inspection
FREE Home Warranty FREE Termite Inspection
Best,
Geoff Nowlin, Phoenix Realtor
480-466-3737
nowlin.geoff@gmail.com
Friday, May 14, 2021
Why are home prices increasing fast?
Why are home prices going up so fast?
Normal equilibrium in Phoenix is 25,000 homes available at any one time. As of this writing, there are 3,730 homes available. Only 14% of normal. With this many Buyers jockeying to get a house, over bidding, multiple offers, bidding wars are the norm.
The strategy most used is List on Thursday, Open Saturday and Sunday, accept offers Monday, decide on Tuesday. This gets the most exposure and trains the public to jump jump jump thru the Listing Agent’s hoops.
This strategy only works is a raging Seller’s Market.
I live in Chandler, AZ. As of this writing, Chandler has 111 Active Single-Family Homes for sale. Absorption in this sub-market is 335/month. Chandler only has .3 months of Inventory. Lots of big employers are coming to the East Valley, so the demand here is incredible.
I think the smart money sells right now. Take your chips off the table. Go rent a place and wait for the market correction. With Biden’s huge tax increase coming to the middle class, that is going to help kill the housing market by killing employer’s ability to hire and retain employees. If you sell now, you lock in your profits. Then buy back in when the Biden economy is in full failure. We lived thru Biden last time; we will live thru him again this time. Don’t despair, take your chips off the table now while you still can. Don’t forget to save thousands of dollars doing so we us using the www.5kflatfeelisting.com.
If you need to buy or sell a home, see us at www.5kflatfeelisting.com. We look forward to hearing from you.
Buyers get: Sellers get:
FREE Home Inspection 5k Flat Fee Listing
FREE Termite Inspection FREE Home Inspection
FREE Home Warranty FREE Termite Inspection
Best,
Geoff Nowlin, Phoenix Realtor
480-466-3737
nowlin.geoff@gmail.com
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How to win in a multiple offer situation! Just Sold: 41714 N. Anthem Ridge Drive, Phoenix 85086 This home would be a 1.2M – 1.5M anywhere ...
