How old must you be to begin investing in real estate? I work with a lot of young investors, and it is a commonly asked question. I have been investingin real estate for over 40 years and have worked with over 3,000 other investors. Regardless ofwhen we started, we all wish we had started earlier. […]
All posts by The Alfriend Group
Home Features Young Buyers Care About
According to NAR’s 2023 Home Buyers and Sellers Generational Trends study, first-timehomebuyers make up about 25% of buyers. Here are the features younger buyers are seeking: 1) Safety and Security Safety is a top priority for first-time buyers. They look for homes located in low-crime areasand with secure features such as a well-lit neighborhood, secure doors and […]
Should I Buy a Turnkey Home or a Fixer Upper?
Like almost everything else in life, the answer is “It depends.” Buying a turnkey home (move-in ready) and a fixer-upper home (needing renovations) both have their advantages and disadvantages. Let’s explore the pros and cons of each: The Turnkey Home Pros Convenience: Turnkey homes are ready for your immediate occupancy. There is no requirement to […]
Investing Like Marcus Aurelius
Should You Buy a Vacation Rental Property?
Here are Six Questions to Help You Evaluate if this is the right option for you. Have you ever thought about owning a short-term rental property? Have you been watching the realestate investment market from the sidelines? You may have heard the success stories about the high returns to be made. But you keep coming […]
Wall Street Journal- Quarterly Report on Real Estates Top Selling Markets
As expected, the spring housing market is booming in central Ohio. Mortgage rates have dipped, and housing transactions and building activity has been surging since February. Some buyers are asking if this trend will continue, or are we potentially in a housing bubble that may burst? The answer of course varies market area to market […]
Have You Considered the Advantages of an FHA203(K)?
In today’s intense real estate market, many buyers are struggling to compete with multiple offers paying cash, waiving appraisals and inspections, and offering well above asking price. There is an option you may be overlooking. Consider purchasing a “fixer-upper”. A home in the community you love, with a yard and layout that you love, but […]
Top Selling Communities in Central Ohio
Home sales across all of central Ohio are booming. But what areas are doing the best? Which are seeing the highest rate of appreciation? Here are the top five best selling markets in central Ohio, as of the first quarter of 2023. 5. Grove City This suburb has seen incredible growth since the building of Pinnacle […]
The 2023 Spring Home Buying Season Has Begun!
What are we seeing this season? There are FOUR big factors. Low Inventory Currently, nationwide, we have 3.8 million more buyers than sellers. And there is little expectation this will change soon. The low inventory numbers are cause by two main factors. First, many homeowners locked into the low mortgage rates of 2022. According to […]
Thinking of Changing Your Exterior Home Colors?
The growing farmhouse trend has made lighter exterior colors the top choice of most homeowners. According to a national survey by The Harris Poll, the majority of homeowners plan to lighten their exteriors with trending neutral colors. The survey was commissioned by Alside a leading brand of exterior building products such as ASCEND Composite Cladding, to […]