The Central Ohio residential real estate market in December 2024 remains dynamic, shaped by several key trends: Inventory and Demand:We continue to see a booming seller market. This is primarily due to a combination of two factors. It is the simple law of supply and demand. First, supply remains low as many homeowners choose to […]
Tag Archives: Kyle Alfriend
Contractor Nightmares: 5 Red Flags to Watch for and How to Escape a Bad Hire
As the housing market continues to tighten, with rising prices and bidding wars, many buyers are looking at lower-priced homes that require some updates. This makes sense. With most buyers seeking move-in ready homes in excellent condition, buyers willing to do some updates can get some great discounts on their home purchases. But then comes […]
Ohio Landlord-Tenant Laws Every Landlord Should Know
Understanding Ohio tenant-landlord laws is crucial for every landlord to ensure they comply with legal requirements and foster a positive relationship with tenants. I share this as a broad overview from my 35+ years of experience as a landlord and real estate investor. However, I am not an attorney. Before taking any actions or creating […]
Maximizing Real Estate Investment: Understanding the Three Buckets of Finances
As a seasoned real estate investor, navigating the financial landscape is akin to sailing the seas. Just as a skilled captain must understand the currents and winds, investors must comprehend the nuances of financial management to successfully navigate the complexities of real estate investment. One valuable framework for achieving this mastery is the concept of […]
Success in Real Estate Investing: Six Essential Principles for a Strong Financial Foundation Before Investing
Introduction: Real estate investing holds the promise of wealth, passive income, and tax benefits. It has provided me the funding to travel the world, give my children incredible lives, and support causes important to me. But real estate investing is not without its risks. Before diving into this lucrative venture, it’s crucial to lay down […]
The Top 8 Home Features Buyers Are Demanding in 2024
Americans are seeking smaller homes. The average size of homes purchased in the past year has dropped 18%, the lowest since 2010. To compensate for the smaller spaces, here are eight features that have become hot among home buyers. 1. Efficient Use of Limited Square Footage: Buyers are seeking to maximize every inch of their home through smart storage spaces, open […]
New Study Shows Single Women Outpacing Single Men in Home Ownership
Women are pulling ahead of men financially in one important way of building wealth: Homeownership. According to a study by LendingTree, single women own 2.7 million more homes than single men. Approximately 13% of these women hold the titles to their homes, while the figure is 10% for men. A home for most people is […]
Millennial Strategies: As prices increase, and inventory reduces, many millennials have joined the growing trend of Co-Ownership.
The Millennial generation, born between 1981 to 1996, has among the lowest homeownership rates since the 1920s. The reasons vary, but the greatest factor has been affordability. The Millennial generation has the highest student loan debt in US history. If you combine that with the high prices and interest rates, it has created the least […]