Outdoor amenities such as living spaces, kitchen areas, fire pits, and swim spas can add a lot of value to a home. Buyers want functionality and aesthetics. In addition to specifying bedrooms and bathrooms, many buyers note a desire for entertaining space and places to relax. Outdoor amenities can be the answer to both of […]
All posts by The Alfriend Group
How to Make a Competitive Offer in a Seller’s Market
Hey there, home buyers! If you’re on the hunt for a new home in Central Ohio, you’ve probably noticed that the market is sizzling hot. In a seller’s market, homes fly off the shelves, and buyers face stiff competition. But don’t worry—I’m here to help you craft an offer that stands out. Let’s dive into […]
Tools and Traits Investors Must Have to Survive and Thrive in This Market
When Is the Right Time to Start Investing in Real Estate? A common question for aspiring real estate investors is whether now is the right time to start investing. The answer is a resounding yes. Real estate tends to appreciate over time, offering the potential for substantial returns and generational wealth. However, successful investing requires […]
How Is Buying a Rental Property Different from Buying a Primary Residence?
If you’re new to real estate investment, you’re probably flooded with questions about how buying a rental property differs from purchasing your primary residence. Buying your first property is a significant milestone, a huge step, and one of the smartest moves you can make for your financial future. Now, you might assume that buying a […]
Should you consider an Adjustable-Rate Mortgage?
The 30-year fixed-rate mortgage is now passing the 8% interest rate mark, the highest rate in 23 years.In less than two years, the average monthly mortgage payment on a $300,000 loan has increased over $1,100 per month. However, homeownership remains the primary cornerstone of building financial stability. And, with expectations of potentially lower rates by […]
Attention House Hackers: Check out the Amazing New Guidelines from Fannie Mae!
House hacking is a great way to start investing in real estate by buying a multifamily and staying in one unit while renting the others. And here is some great news! Fannie Mae just released amazingly aggressive new guidelines for primary residences. Fannie Mae has reduced the down payment requirements on 2-unit properties from a […]
Don’t Scare Your Buyers: Mistakes to Avoid When Selling Your Home
The real estate market is still strong. But selling your home can be a daunting process. To achieve the best possible outcome and attract the right buyers, it’s essential to understand their concerns and avoid common mistakes that could deter them. Even in today’s hot real estate market, scaring away potential buyers can cost you […]
Top Searches in a Home
Here are the top trending features buyer are seeking in the next home. How does your home stack up? A Basement Refinish As prices of homes continue to increase, buyers are looking for the best use of all spaces. Basements are being refinished to create home theaters, game rooms, and exercise room. The search term […]
Easy Ways to Increase Rents and Add Value to your Real Estate Investment
Real estate investing is a very profitable game. But, for most strategies, it is a long game. Therefore, small incremental increases can add up to big returns. Here are 13 easy ways to increase your return on investment. First Impressions Enhance curb appeal with simple aesthetic improvements to make a positive initial impression. Most people make up their mind […]
Columbus / Central Ohio Real Estate Market: Prices, Trends, & Forecast of 2023
Stabilizing mortgage rates have been a key factor in Central Ohio continuing its consistent growth. The inventory numbers are improving, but high demand continues to outpace the supply. As a result, we hit a new high in the median sales price of $320,000. This surge represents a 6.1% growth, surpassing theprevious highest monthly median sales […]