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Tagged With "Fort Myers homes for sale"

Tagged With "Fort Myers homes for sale"

  • Buying A Home
    It's been a crazy year for home-buying, especially if its your first time doing so. I'm just curious: If you've bought a home this year, what's been your experience with that? Has the pandemic truly effected the options/process?
  • Starting A Business/Side Hustles
    The ability to work from home is huge. And, it looks like there's a TON of businesses that might be switching to the format full-time. What's one of the best jobs that's easy to get into and worth your time that you've found this year? Anything that might outlive the pandemic?
  • Topic Reply
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    If you plan to use a Realtor, it is a personality fit, so interview a few and don't feel guilty about firing them if it doesn't work out. Find one that you believe will be able to tell you the bad news, and that will allow you to view the homes you want to view versus the ones they want to view. I work with a lot of first-time Buyers and most require more in-depth education than the internet provides. When looking at homes, the amenities you see in the first 10 seconds make everyone feel...
  • Topic Reply
    @Steve Awesome advice! Looking at every nook and cranny of a home is definitely a must of ALL home-buyers, not just the first-timers. Since you're a realtor, have you seen any of these buyer habits change because of the pandemic? (Are people buying houses faster, and sometimes ignoring the things you listed, because of the "speed" of the market, etc.?)
  • Topic Reply
    I advocate that Buyers smell the homes. Give it a sniff-test, or if considering remotely, have a Realtor do that and then showcase it through video phone call. Pictures do NOT tell the whole story. Pictures and video does not display a mold or smoke smell, or showcase the "aroma" of pet smells. Most pictures are showcased to highlight a property, not it's defects. On a recent tour I did for a rural home. It took me a while to find the driveway, which was a single-car width driveway with 45...
  • Topic Reply
    Definitely @Karan S , agreed, it's especially an interesting time right now for that because people are discovering new interests and talents that they didn't know they had before. It's going to be interesting to see a lot of these big industries adapt to the times and establish permanent work-from-home positions.
  • Debt Management
    What is the best strategy for paying off a mortgage early? How do you know how much extra you can put towards your home without losing out on investment opportunities? If the interest rate on the mortgage is fairly low then is there even an advantage to paying the loan off early?
  • Starting A Business/Side Hustles
    It looks like many companies are switching to remote work for good and other industries may not return after the pandemic at all. What I want to know is, will working-from-home become the new standard for businesses, will jobs return after the pandemic is over? Or is the job market in the US changing dramatically right before our eyes? What are your thoughts? 🤔🤔
  • Topic Reply
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    Hi @Landon Martin , Just one strategy that comes to mind for me is refinancing. One advantage to this is if you have certain factors in place like a high credit score and equity in your home, you can refinance your mortgage for a lower rate, which will drastically reduce your payments per month. You can then take advantage of these lower payments by making two bi-weekly payments per month, which may help you pay off your mortgage twice as fast. We wrote a complete guide on this, which goes...
  • Topic Reply
    It can be very intimidating, especially in a seller's market. However, find a good agent that is experienced and they will be able to guide you. Buying your first home should not be done by yourself (I am biased but for very good reasons). There are a lot of mistakes that you can make. Most important is having a good down payment so that your payment is manageable. If your mortgage payment is too high (above 45% of your total income- can vary slightly), then it may be too much of a stretch.
  • Real Estate Investing
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    I need help. I got a property for $415K. Now on zillow, it's worth $480K. I am willing to let it go to a friend for $460K (thus saving on agent fee), but she has no credit to get a mortgage. Is there another way to handle this?
  • Welcome - Start Here & Introduce Yourself
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    Hey everyone, Been watching the MM YouTube channel for a few years, loved the clear and concise message. The content really hit home. My parents didn't teach me what really matters with respect to financial freedom and wealth building. I don't blame them because their parents didn't either. So, with that said I am on a mission to help my son be better prepared. Albeit I feel I am a little late to the party. Either way, that won't stop me from living and working on goals for me and my family.
  • #SpendingDetox
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    For this year's Spending Detox challenge, I'm choosing 3 challenges that will help me create a strong foundation for my mindset with money. I chose: #1 - 'No Spending' Zone #2 - Create A Holiday Budget #6 - Give the Gift of Time For number one, I'm locking in, traditionally, the 4 biggest spending days of the year: November 27th - November 30th. This encompasses Black Friday through Cyber Monday, which means I'll have to avoid those pesky sales this year. Why? Because if I can avoid spending...
  • Welcome - Start Here & Introduce Yourself
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    Hi I’m Elexis! I’m from the San Francisco Bay Area. I work at Home Depot and study Construction Management in college. Let’s connect on LinkedIn! LinkedIn.com/in/elexis-m Is anyone else on here from or live in the Bay?
  • Topic Reply
    Hello @Trevor , I was in the same predicament as you mentioned above on this thread. After doing some googling and reading a slight page of Dave Ramseys book, he pretty much mentioned the same thing that @Maykel said. Max out 401K. After that, invest in IRA (I would say ROTH) so when you pull out in the future, its already taxed. I personally am doing this now. Just started it. I would not want to get taxed from only pulling out from 401K. You mentioned real estate, I would recommend this...
  • Topic Reply
    Hello @RP I had the same thought process, but I took the other route of just paying off the home. I thought this would best fit my case to produce more ROI to buy another home and have a lower debt to income ratio. Also, this would open more doors for me to cash in on the full amount of $$ from this rental. Also, to not end up paying triple for the house after the 30 year. You can also do what @Nathan_Gregory mentioned and refi to lower interest, BUT still pay the full price that you were...
  • Topic Reply
    @American.Champion , It is great you are starting early in life. Time will be your best asset. Make a strong effort in educating yourself in real estate, never stop learning. Also become disciplined in the art of savings. Having 'skin' in the game with your hard cash goes a long way to build credibility which will allow more opportunities to be presented. Be great at analyzing deals quickly and as accurate as you can - whether it be a single/multi, a house hack or flipped home. Keep in mind...
  • Topic Reply
    you both touch on a point: invest in 401K as much as your employer matches is the general advice. Tend to agree, however there are additional options to continue on 401k without matching. Something else mentioned is the idea of taxable retirement income vs non taxable (Roth). So thinking this is my action plan: In my circumstances I am past the beginning steps: 2k emergency fund, 8 month expenses liquid savings, no student, car or CC debt, no debt at all till I buy a home. 401K up to...
  • Topic Reply
    @Nef I first bought a single family home (all 3 are). Honestly I was more forced to buy this since I did not qualify for much and having a truck payment did not help out either. However, my agent did recommend this area and the house value has gone up almost 300%! So in short, I qualified for so little and that was in my price range. This was in 2011 when I got the house for 83K =)
  • Topic Reply
    😀
    Great topic question, I will bite: As you go down the rabbit hole of researching the topic of 'Getting Out of Debt' you will surely find that there are a few approaches to consider yet, the conclusion will be that the path chosen is simple to understand but very hard to stick to. My recommended approach to tackling debt while not having enough means (low income) are as follows. 1. Know Your Numbers: You have to know how much money is coming in and how much money is going out. Have a record...
  • Saving Money
    Hello all, here's a bit of a deep seeded question so I'll give a little back story to help clear up some details. I recently had to sell my house and find a new job due to the pandemic, the job I found is great, and even pays more than my previous one. The downside, it's in an area that houses are way above my ability to offer. I'm the soul provider for a family of three and we found a place to rent that we can easily afford and save money while doing so. With the sale of the house we have...
  • Topic Reply
    Congrats on having put aside your 30% down payment. I understand where you are coming from since you are not having luck at the moment in finding a home and with time trickling by you're now finding yourself often thinking about this money burning a hole in your pocket. The thing is, rates are so low right now you would be lucky to get 0.2% in a high-interest bank account, so it is not really worth the effort to open one up. Resist any temptation whatsoever in putting this money in a stock...
  • Buying A Home
    I will be a first-time home buyer and have a 30% downpayment aside. Currently looking for a house but it's difficult as inventory is very very low. Is there an option to invest this money (short team) and get some return?
  • Topic Reply
    Thank you so much for your help. I was looking at distressed properties in which I would be paying cash. I thought the money I had was enough but I see that there really is no way for poor people to get ahead. I have some stocks but I wanted to give my money an actual chance to grow for my children. A rental would give my children "passive" income and pass on to any potential grandchildren. My rent is 4 figures and is actually inexpensive for where I live. I tried to buy a home years ago...
  • Real Estate Investing
    These days everybody says take advantage of the low-interest rate, but is it really an advantage if I want to pay off my mortgage in 10-15 years? in my situation, I have to take 100-150k more in mortgage to compete in the current housing market... Also, the home prices have increased almost 20% ... ... low-interest-rate increased buying capacity but in most cases not giving you an option to buy the house you like. So you will be paying a premium for average properties... Please share your...
  • Topic Reply
    I realize there is a desire to “get those rich guys” but reality is the super wealthy will find another shelter. The scenario described is actually pretty scary for this reason: My mother in law lived with her husband in a San Francisco home they had for nearly 40 years before his passing and him being kind of the traditional guy from his era had the home in his name only. Their only income was social security but that was fine as the house was paid for decades ago. Without the current...
  • Topic Reply
    I think some will return to as they were but not all. It will vary by the demands of a given profession, individual work habits, and company culture. In my profession we found that not only could we work effectively remotely but our team was actually more efficient so my employer has already told us they plan on cutting back office space and keeping us remote. That leaves me wanting to do more to make my home office a better work environment. However there are no longer any tax breaks I am...
  • Topic Reply
    It’s not that he’s being mean or anything but as an immigrant he doesn’t necessarily understand the consequences of certain decisions. To him it’s perfectly reasonable for him to think when he is gone his wife would be able to continue their household as is and not have the govt take away their home. That is the problem with these things. Exactly as you said, you know how to maneuver around such impacts but the average lower income person doesn’t know how to or if they even do doesn’t have...
  • Topic Reply
    Hello @Viralkumar I think it all depends on your current rate and what you are trying to accomplish for now or in the future. In my case, I refinanced 2 of my rental homes. 1 was 4.125 and the other was at 4.25. I was able to get them down to a rate of 2.875, dropping my payment down ~200 per home. Pretty much giving myself a raise of 400 monthly. I mainly did this to reduce my Debt to Income Ratio for when I plan on buying another home, I will be able to and not limited. However, I am still...
  • Real Estate Investing
    Hey guys first post here but I'm hoping the community will help me weight out the pros and cons of my situation. A few years ago I purchased my first home. Now my job is relocation me to a different part of Texas. I will be moving to a city with a lower cost of living as well as lower home prices. My debacle is I own a home with 200k in equity. So I find myself at a cross road. Do I sell and take the money and by a home that I can almost pay off and do a 15 year loan, or do I rent out the...
  • Topic Reply
    If you refinance the home to be a rental, would the payment be low enough to provide a net monthly profit (after also accounting for taxes, maintenance and property management)? If so, my personal choice would probably be to keep and rent it, if not the decision would be tougher but I might still consider it depending on the situation, there is after all nothing better than having someone else build up your equity for you. If you do decide to keep it, work with a reputable property...
  • Starting A Business/Side Hustles
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  • Welcome - Start Here & Introduce Yourself
    The Google Chromecast is a popular streaming gadget. Google's entry in the streaming hardware fight is a plug-and-play HDMI gadget that lets you to "cast" audio and video from your favourite mobile device to your TV. It's been available for a few years now. The Chromecast with Google TV, the most recent generation, adds an onscreen menu and a real remote control, however the setup and function are quite similar to the regular casting Chromecast. Don't panic if you've just purchased a new...
  • Welcome - Start Here & Introduce Yourself
    Setup and installation of an HP printer for the first time. From the 123.hp.com/setup handbook, these are the simple steps for a successful HP printer setup. * Remove the packaging from your fresh new HP printer. * Make sure it's ready for the power source. * Make use of the included power cord. * Switch on your HP printer. * If your HP printer has a touch display, configure the display settings after turning it on. * If not, you may modify it later during the installation of the driver. *...
  • Welcome - Start Here & Introduce Yourself
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  • Welcome - Start Here & Introduce Yourself
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  • Topic Reply
    I started buying things online stores that offer discount offers for almost everything, such as clothes, home appliances, food, drinks, etc. Sometimes I even bought the freeze-dried food storage products using Legacy Food Storage Coupons to eat during lockdowns to keep ourselves enough food supplies.
  • Welcome - Start Here & Introduce Yourself
    The Internet and modern technologies have now simplified booking aeroplane tickets. Flight tickets may now be reserved from the passengers' comfort zone, and no travel agents need to attend the airport or spend money. To facilitate travellers, the step-by-step instruction has been given below. Follow the steps and make Finnair Flight Booking without trouble in less than no time. * Visit the official airline website and book a flight option for Finnair. * Continue on the home page of the...
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