Jim Potts

Synergy One Lending

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The Narrowing Gap Between Renting And Buying A Home In The US

April 17, 2020 by Jim Potts

According to data compiled by Realtor.com in the fourth quarter of 2019, it is still more affordable overall to rent versus buy a home -- but just barely. The median monthly mortgage payment at the end of 2019 was $1,600, while the median monthly rent payment was $1,319. This is largely due to steadily-increasing rates, rising home prices, and near-record-low mortgage rates.

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

What Should I Consider Most When Buying A Home This Year?

April 16, 2020 by Jim Potts

There are two times when it is best to buy a home. When you have to buy one and when you can afford to buy one. In general, owning a home is better than renting one because you are building up equity for yourself, instead of throwing your money away by helping the landlord buy the property with your rent money.

Filed Under: Real Estate Tagged With: Home Purchase, Market Trends, Real Estate

Home Improvements For A New Home Or When Getting Ready To Sell

April 14, 2020 by Jim Potts

Some simple home improvements increase the attractiveness of a home and may help with a sale. If you are getting ready to sell your home or if you just want to beautify it a little, here are some low-cost tips for home improvements to consider.

Filed Under: Real Estate Tagged With: Home Improvement, Home Staging Tips, Real Estate

When It Makes Sense To DIY

March 27, 2020 by Jim Potts

Many homeowners enjoy DIY, or Do-it-Yourself, home improvement projects. There's nothing quite like the pride of knowing you used your own hands to put together or improve something.

Filed Under: Real Estate Tagged With: Home Improvement, Home Repairs, Real Estate

Turn Your Yard Into An All-Seasons Living Space

March 25, 2020 by Jim Potts

Think of backyard space as "in-between" or transitional space that is a bit like being inside while being outside. Sunrooms, screened-in covered patios, outdoor kitchens, spas, fire pits and more, are all becoming very popular ways to make more use of the backyard. Making use of the outside area is not limited to only the times of the year that have nice, warm weather.

Filed Under: Real Estate Tagged With: Home Improvement, Landscaping, Real Estate

How to Buy An Investment Property

March 18, 2020 by Jim Potts

It is important for everyone to take steps to diversify their assets. While many people take this to mean holding multiple stocks, bonds, and mutual funds in the market, this also includes branching out into the real estate industry. The real estate industry is far more stable than the stock market and provides a fantastic opportunity to generate reliable returns. At the same time, there are lots of options to choose from when it comes to investment properties.

Filed Under: Real Estate Tagged With: Investment Property, Market Trends, Real Estate

How To Finally Become A Real Estate Investor This Year

March 13, 2020 by Jim Potts

Investing in real estate remains one of the best ways to accumulate wealth in America. There are six ways to get started in real estate investing. One way does not require any investment capital, just an investment of your time. Ways to get started include investing in a REIT, buying an incoming-producing property, using a buy-and-hold strategy, flipping houses, crowdfunding, and wholesale deals.

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

5 Benefits of Using A Real Estate Agent When Buying Or Selling A Home

March 10, 2020 by Jim Potts

It may come as a surprise for some people to learn that not everyone uses a real estate agent when buying or selling a home. Whenever someone is looking to move, it is critical to rely on the experience of a real estate agent. There are a few benefits that everyone should keep in mind.

Filed Under: Real Estate Tagged With: Home Selling Tips, Real Estate, Real Estate Agent

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Jim Potts

Jim Potts


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