Are there any basement homes in Scottsdale?

 Expensive Basement House in Scottsdale

5436 E Sheena Drive, Scottsdale AZ 85254 is the hottest zip code in all of Phoenix.  Homes in this zip code are going for an astronomical amount.  This one is 4,300 sqft. 5/3.5/3 with a basement in a gated community.  Basement homes are super desirable in Phoenix.  95% of this Valley is electric. This home is in the 5% as it has gas.  

I am holding this one open and the neighbors tell me the owner’s dog died in the pool, so they removed the pool.  Unfortunately, they also removed a fast sale and some equity.  This home has been on the market for a month.  Very unusual for this zip code.  

Right now, appraisers are giving $11,000 for a pool.  But Buyer’s give more and jump on pool homes during the summer.  How much equity they gave away is uncertain?  At 1.3Mil ask price and 30 days on the market, might be a high price.  

There is a competitor selling at 1.2Mil with a pool, no basement and next to the busy road.  If I were offering on this house, I would offer 1.2Mil and use the pool as the excuse for the lower price.  The minimum pool will cost $50,000 anyway.  

The high sale right now is 1.150Mil or $323/sqft. If that holds for my house, the sale price should be near 1.4Mil.  This house at 1.1Mil is a bargain and should sell.  

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 Brett Young, Cleveland Realtor

480-466-3737 (216) 703-5740

www.5kflatfeelisting.com by56083@gmail.com

nowlin.geoff@gmail.com

Check out our unique real estate services and advantages

Geoff & Mia Nowlin

480-466-3737

www.5kflatfeelisting.com

nowlin.geoff@gmail.com

Name:

Email:

We respect your email privacy

Serving Maricopa & Pinal County Arizona

4 Ways to wholesale real estate

 4 Ways to wholesale real estate. 

This video goes into great depth to discuss 4 ways to wholesale.  They are

1. Simple Wholesale

2. Wholesaling an REO or a Short Sale

3. The Double Close

4. Transactional Funding

You will need to setup your contract correctly in order to execute each of these.  This 2.5-hour video will show you everything you need to know.  Bring popcorn and a notebook.  Then call me with questions, would love to hear your thoughts. 

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 Brett Young, Cleveland Realtor

480-466-3737 (216) 703-5740

www.5kflatfeelisting.com by56083@gmail.com

nowlin.geoff@gmail.com

Check out our unique real estate services and advantages

Geoff & Mia Nowlin

480-466-3737

www.5kflatfeelisting.com

nowlin.geoff@gmail.com

Name:

Email:

We respect your email privacy

Serving Maricopa & Pinal County Arizona

Key Performance in Real Estate Investing

 Key Performance Indicators in real estate investing.

A Key Performance Indicators are trackable events that can forecast success in any business.  For example, when I ran my Information Technology Company back in the day, here were my KPI’s:

. 30 dials of the phone in 2 hours

. 28 voice mails

. 2 conversations

. of the 2 conversations, I got 2 appointments or 2 job orders or one of each

. for every 5 appointments, I could deposit a check withing 2 months

For the real estate investment business, each KPI depends on your “Finding Property” strategy.  Here is how I would create my KPIs as a RE Investor:

. Finding Property Strategy

. # Dials/emails/Texts/Ringless Voice Mails

. # Conversations

. # Offers

. # Acceptances

. # Deals that deposit a check into your bank account

. Average check amount is _____________________?

Hope this will help you forecast your success for your business. 

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 Brett Young, Cleveland Realtor

480-466-3737 (216) 703-5740

www.5kflatfeelisting.com by56083@gmail.com

nowlin.geoff@gmail.com

Check out our unique real estate services and advantages

Geoff & Mia Nowlin

480-466-3737

www.5kflatfeelisting.com

nowlin.geoff@gmail.com

Name:

Email:

We respect your email privacy

Serving Maricopa & Pinal County Arizona

Wisconsin inspection law vs. Arizona Law

 

Wisconsin passes Home Inspection Integrity Act, good or bad news?

Before this year, in Wisconsin, anyone with a ladder and a pickup truck could be a home inspector.  (p.s. same in California).  The Wisconsin idea is that if they force home inspectors to get “proper” training ahead of time, they somehow will be more credible and provide proof of reliability.  Hmmmmmm.

In theory, I agree that a trained home inspector does have more credibility than not.  I totally disagree about their assertion of “proof of reliability”.  You can still have an inspector who shows up late, forgets an appointment, leaves out sections of the report, etc.  I know plenty of licensed people who are not worth a salt. 

We have this here in Arizona, inspectors must be licensed and follow the AZ Standards of Practice.  In Wisconsin, the Association of Realtors and a home inspection training company call API Home Inspection Training got together to create the Wisconsin Standards.  Interesting, no one from the actual Home Inspection Industry was involved.  Not sure how I feel about that.  Seems like the API wants government to force purchase of their product.  Yuck. 

My biggest objections to the Wisconsin law:

1. It requires a Summary Page in the Report.  We all know that Buyers, Sellers and Realtors do not read the home inspection reports.  They just want to skip to the sexy stuff and skip the details.  I would have preferred that we leave out the Summary Page and let everyone actually read the report.  Why the hell are we writing these reports if people don’t read them.  

2. The NON-Home Inspectors have statutorily defined the word “defect” and it is now legally required.  I dislike that because a condition is not necessarily a defect.  A defect to one Buyer maybe different than a defect to another Buyer.  This is a very big leap.

3. The Integrity Act attempts to codify common language when it comes to descriptions.  This is literally impossible.  One size does not fit all.  Common language cannot possibly cover every home condition.  Inspectors must be able to accurately observe and describe findings that are uniquely specific to the house.  What’s next, are they gonna make all the Home Inspection Software Companies plug in their “one size fits all” descriptions.  Does anyone really think that every house and every condition is exactly the same?

Kudos to Wisconsin for attempting licensure. But as usually with any government overreach, their lust for power and control is setting up a bad precedent.  That’s my opinion, would love to hear yours. 

p.s. Geoff Nowlin is a licensed AZ Home Inspector. 

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 Brett Young, Cleveland Realtor

480-466-3737 (216) 703-5740

www.5kflatfeelisting.com by56083@gmail.com

nowlin.geoff@gmail.com

Check out our unique real estate services and advantages

Geoff & Mia Nowlin

480-466-3737

www.5kflatfeelisting.com

nowlin.geoff@gmail.com

Name:

Email:

We respect your email privacy

Serving Maricopa & Pinal County Arizona