Bob Ramalho

Berkshire Hathaway - Verani Realty

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Bob Ramalho August 22, 2019

A $400,000 Profit From Flipping A Single House?

Flipping homes is popular once again. It took about eight years after the Great Recession that started in 2006 for home prices to rebound to the levels seen before the recession. Then, by 2016, in many areas, home prices started to rapidly increase. The increases in home prices caused more flipping activity due to the potential profits. CNN reports the average gross profit on a flipped home sold during the past three years was about 50%. In 2017, one real estate speculator took nearly one … [Read more...]

Filed Under: Real Estate Tagged With: Market Conditions, Market Trends, Real Estate

Bob Ramalho August 21, 2019

How Important Is The Land Around A Potential Home?

When viewing a potential home, how much consideration should you give to the surrounding land? In many ways, the land should be carefully regarded, since land is the thing that is hardest to alter. You can rip up carpet, paint walls and even knock down walls, but it takes a lot more effort to change land.  Mature Landscaping  Mature landscaping is typically cited as a benefit, but what if you're the type who enjoys looking out at wide open spaces? It could also be that the mature … [Read more...]

Filed Under: Real Estate Tagged With: Land Value, Property Investment, Real Estate

Bob Ramalho August 20, 2019

Four Key Injury Prevention Tips On Moving Day

It's more likely that someone will incur an injury on moving day than on an ordinary day. The reason is that people are moving in ways that they don't normally move, loads can be heavy, and accidents do happen. However, most injuries on moving day can be prevented by taking a few simple precautions. Use A Dolly Instead of trying to move more than one box by hand, use a dolly or a hand truck. This inexpensive tool can safely move multiple boxes without you having to lift anything at all. Keep in … [Read more...]

Filed Under: Real Estate Tagged With: Home Safety, Real Estate, Relocation

Bob Ramalho August 19, 2019

What’s Ahead For Mortgage Rates This Week – August 19th, 2019

Last week's economic news included readings  from the National Association of Home Builders Housing Market Index and July readings on housing starts and building permits issued. Weekly readings on initial jobless claims and mortgage rates were also released. NAHB: Home Builder Sentiment Remains High According to the National Association of Home Builders, builder confidence in housing market conditions rose one point to an index reading of 66 for August. Housing Market Index readings showed … [Read more...]

Filed Under: Financial Reports Tagged With: Financial Reports, Interest Rates, Mortgage Rates

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