Adi Real Estate

Step into modern luxury. A glimpse of the sleek kitchen and inviting living room in this stunning home. Comment below with your thoughts! 🏡

🏠 You need to take care of a few things before you can turn your home into a rental property.

🔑 Here are the steps involved.

Step 1 – If You Have A Mortgage, You May Need To Wait

If you purchase the home and tell your lender that you’re going to live in it and then done, they may foreclose on the home if they find out. Check with your lender to find out if any waiting periods exist before turning your home into a rental.

Step 2 – Find Out If You Qualify For Another Mortgage

It’s important to find out if you qualify for another mortgage or not before converting your primary residence. While the rental income may help you qualify, your lender may not even consider it.

Step 3 – Got An Hoa? Check With Them First

If the home you want to convert to a rental property is governed by a Homeowner’s Association (HOA), you may not be able to convert it. The HOA may have rules against it, so be sure to check with them first.

Step 4 – Update Your Homeowner’s Insurance Policy

If you need to make a claim after you’ve converted your home into a rental property and you haven’t updated your homeowner’s insurance policy to a landlord policy, your claim will probably be denied.

Step 5 – Learn The Tax Laws That Apply To You As A Landlord

While it’s a good idea to hire a tax advisor for your investment property, it’s a good idea to learn the laws yourself so you can make an informed decision as to whether turning your home into a rental is a good idea or not.

Step 6 – Get Yourself And The Home Ready

Take a look around the house and identify any repairs or upgrades that need to be made. Don’t go overboard with the upgrades but keep the property on par with other rentals in the area.

Aditya Patel | Keller Williams Elite Realtor
[email protected] | (551) 207-1114

6 Tips To Convert Your Home To A Rental Property Aditya Patel

🤔 Not sure whether a condo or apartment is best for your living situation?
😉 Here’s what you need to know to make the right decision.

1. The Main Difference Between An Apartment And A Condo
An apartment building is a multi-unit complex owned by one individual who serves as the landlord for all the units. A condominium is a multi-unit complex as well, but each unit is owned by a different individual.

2. Other Differences Between Condos And Apartments
- HOA Fees And Utilities
- Floor Plans And Layout

3. The Pros And Cons Of Renting A Condo
- Pros: Are usually in great shape and often include modern upgrades. Owners may be more open to negotiating rent and other fees. Often include great amenities including pools, concierge, fitness centers, outdoor spaces, etc.
- Cons: You may be responsible for paying HOA fees or maintenance fees. You may have to deal with an inexperienced landlord.

4. The Pros And Cons Of Renting An Apartment
- Pros: Your chances of dealing with a professional, experienced landlord are greater. You won’t need to worry about maintenance. Paying rent is easy as there is likely an online portal to do so.
- Cons: Apartments are often small and impersonal. You won’t be able to make any renovations in an apartment. Landlords don’t often allow pets in apartments.

Aditya Patel | Keller Williams Elite Realtor
[email protected] | (551) 207-1114

Condo Or Apartment? Aditya Patel

🖌️ Want to paint a room in your home but aren’t sure what color is best? Painting a room in your home is exciting, but it can also be a little nerve-wracking.

🎨 There are so many colors to choose from, it’s hard to decide which will work best. Here are a few tips to help you choose the right color for any room!

1. Choose the paint color last. If you’re painting an empty room, wait until you’ve chosen all the furniture and other accessories before choosing the paint color.

2. Don’t rely on the paint chip. Instead of trusting the paint chip, take actual paint samples home, paint a larger area of the wall, and decide based on that.

3. Give it a few days. By checking the color in all types of light, you’ll find out if you really like the color and what kind of adjustments (lighter or darker), if any, it needs to be just right.

4. Thinking white? If you think trying to decide on a color is tough, wait until you have to choose the perfect shade of white. Whites in their various hues are a great choice for woodwork and trim because they make your colors pop.

Aditya Patel | Keller Williams Elite Realtor
[email protected] | (551) 207-1114

4 Tips For Selecting The Right Paint Color For Any Room Aditya Patel

💎 Looking for a new place to live?

🤩 Pros Of Renting A Loft Apartment

Lots of space
The open-floor concept gives you plenty of room for decorating and creating individual spaces for work, relaxation, or play, and the high ceilings give the space an even bigger feel.

Trendy style
The modern, industrial style is trendy right now, which loft apartments have naturally.

Flexibility
In a loft apartment, the expansive space can be divided and used any way you want.

Lack of storage
Despite their expansive square footage, lofts don’t come with a lot of closets or other storage space.

Lack of amenities
Because lofts are built inside old industrial buildings and everything must be converted as such, it’s not common to find amenities common in traditional apartment buildings.

Higher utility costs
Outdated pipes and ductwork and high ceilings can make for higher energy costs, and loft apartment landlords aren’t excited about making upgrades since they don’t have to pay the bills themselves.

Aditya Patel | Keller Williams Elite Realtor
[email protected] | (551) 207-1114

Pros And Cons Of Loft Apartments Aditya Patel

😮 Closing day can’t come soon enough!

💭 Here are four things to keep in mind as you wait.

4 Important Things To Keep In Mind As You Wait For Closing Day

1. You could lose the mortgage rate your bank quoted. Mortgage lenders will “lock in” an interest rate at the beginning of the mortgage process.

2. Don’t assume you’re good to go once you’re approved. The reality is, many lenders will continue to check your credit, verify your employment, and double check your assets right up until the very end of the mortgage process.

3. Take advantage of the walk-through. Many real estate contracts allow for a walk-through and you should definitely take advantage of it.

4. Be prepared to do your homework. T’s the buyer’s responsibility to make sure the seller has dealt with any outstanding building permits.

Aditya Patel | Keller Williams Elite Realtor
[email protected] | (551) 207-1114

4 Important Things To Keep In Mind As You Wait For Closing Day Aditya Patel

🧐 You have a lot of options when it comes to choosing an apartment, so keep reading to find out what you should consider in your search.

1. How Much Will It Cost
Besides rent, you’ll incur other expenses such as security deposit, application fees, pet fees, utilities, parking costs, and amenities.

2. What’s Important To You In A Rental?
Do you like to entertain? If so, an apartment that includes things like a pool, clubhouse, gym, bike racks, green areas, barbeque spaces, etc. might sway your decision.

3. Location, Location, Location
Keep in mind that location also plays a role in how much rent you’ll pay as well.

Aditya Patel | Keller Williams Elite Realtor
[email protected] | (551) 207-1114

How To Find An Apartment You Aditya Patel

🌹 Tired of having to replace fresh flowers so often? There was a time when using artificial flowers to decorate a home was frowned upon.

💐 Artificial flowers are a great choice for decorating versus real flowers, and here’s why.

1. They’re hypoallergenic
You get all the beauty of your favorite flowers without all the sneezing and itchy, watery eyes.

2. They leave no mess
They require no watering, you don’t have to worry about that awful decaying smell.

3. They last forever
If you love the look of flowers around your home but hate having to replace expensive bouquets weekly, give artificial flowers a try.

4. They’re safe for kids and pets
Certain species of flowers can be toxic for kids and pets. You can’t keep your eye on them every second of the day, so do away with the fresh flowers and use fake ones instead.

5. They work well in DIY projects
If you use artificial flowers in your projects, you can be sure they will look as great in 5 years as they did on the day you made the project

6. They’re cheaper
Artificial flowers don’t have to be replaced like fresh flowers do. Your initial investment will continue adding beauty to your home for years to come.

Aditya Patel | Keller Williams Elite Realtor
[email protected] | (551) 207-1114

6 Benefits Of Decorating Your Home With Artificial Flowers Aditya Patel

💎 If you’re looking for ways to add a luxurious touch to your home, the following ideas may help.

1. Remodel The Bathroom
Adding features like recessed lighting and modern tiling and flooring allows you to add a real sense of luxury.

2. Add Plants
Try adding small plants in small spaces and large plants that take up entire corners.

3. Go Neutral
For a calming, modern look, choose a neutral color for the walls.

4. Embrace Temporary Wallpaper
Temporary wallpaper is a thing now, and if you’re the type that gets bored easily, it might be just what you need.

5. Reupholster The Furniture
Rather than go out and buy new furniture to fit your luxurious visions, try reupholstering the old pieces instead.

6. Add High-end Accents
Look for ways to incorporate marble, antique gold, and solid wood throughout your home and swap out modern ornaments for vintage ones.

Aditya Patel | Keller Williams Elite Realtor
[email protected] | (551) 207-1114

Amazing Ideas To Add Luxury To Your Home Aditya Patel

🛋️ As such a vital part of the home, the living room should be aesthetically pleasing and comfortable.

👇 The following stunning ways to decorate your living room give you several ideas for making your own living room a wonderful place to be.

1. Patriotic Décor

Neutral walls and flooring make the perfect backdrop for red and blue furniture and wall décor.

2. Shades Of Blue

Shades of blue and a wealth of patterns make any living room seem like a piece of willow patterned dinnerware. White walls and white carpeting complement a blue and white floral couch, while blue and white drapes adorn the windows

3. Rural Charm

If modern isn’t your thing, maybe something a little more rural will suit you better. Combined with apron sinks, tin sconces, simple furniture, and an equally simple chandelier, this living room screams country charm and inviting warmth.

4. Bring The Beach Inside

Bringing the beach inside instills a feeling of sun and fun all year long. You can recreate this feeling in your own living room by using shades of blue and beige throughout and accenting with beach-inspired artwork.

5. Vaulted Ceilings

Large windows and/or large patio doors complement the overall feel of the room with tons of natural light.

6. Lots Of Color And Prints

Keep the walls neutral and light while keeping colors complementary to each other. If you choose pastels, for one thing, stick with pastels throughout.

7. Darks And Lights

Instead of making the room appear smaller as dark colors tend to do, this combination creates depth and character that’s hard to ignore.

Aditya Patel | Keller Williams Elite Realtor
[email protected] | (551) 207-1114

7 Stunning Ways To Decorate Your Living Room Aditya Patel

🤔 Unsure what to charge your tenants for rent?

💰 The tips below can help you figure out how to set the correct rent price for your rental properties!

1. Research listings
While it may be time consuming, knowing what other landlords are asking for rent in a given area goes a long way to letting you know what you should charge.

2. Ask someone who knows
Anytime you want to know something, it’s always best to talk to someone who’s “been there, done that.” experience breeds success, so talk to others who have prior experience setting rent prices.

3. Compare actual rent prices in a given area
If you want to set the correct rent for your rental properties, you have to take the time to do your homework. The more you understand about the other rental properties in your area, the more able you will be in setting a price that generates you a profit while making your tenants happy. Use the information above to figure out how to set the correct rent price for your rental properties.

Aditya Patel | Keller Williams Elite Realtor
[email protected] | (551) 207-1114

How To Set The Correct Rent Price For Your Rental Properties Aditya Patel

🎉 Happy New Year's Day! 🥳

🌟 Like a blank canvas, today is a fresh start, full of possibilities.

🎆 Whether you're flying solo or part of a dynamic team, remember, teamwork makes the dream work!

🌠 Just as a neighborhood welcomes new residents, may this year bring new adventures and friendships.

🥂 Here's to a year filled with prosperity, like a prime piece of real estate waiting for the perfect owner.

🏡🌟🥂

Aditya Patel | Keller Williams Elite Realtor
[email protected] | (551) 207-1114

💸 Buying new furniture can be quite the expense.

😉 The good news is, however, that you can replace your old, worn-out furniture with new and vibrant pieces without breaking the bank.

👇 Here are six ways to get great furniture at a great price.

1. Browse craigslist and/or freecycle
The trick to craigslist shopping is to browse higher-end areas to ensure you find higher-end pieces. Just make sure any cleaning or repairs don’t exceed your good deal.

2. Diy your current furniture
If you’re the handy or crafty type, you may want to consider reupholstering or refinishing your current furniture to make it appear brand new.

3. Look for yard sales, estate sales, and garage sales
Yard sales, estate sales, and garage sales are excellent places to find unique furnishings you may not have considered before.

4. Going-out-of-business sales
If you’ve got some wiggle room, wait for going-out-of-business sales to get the best deals on new furniture.

5. Shop thrift stores
With just a little attention, you could end up with a wonderful piece of furniture at a bargain price.

6. Look for clearance and discount sections
Your local furniture store may have a clearance section where they sell last year’s models or pieces with slight imperfections such as scuffs or dents at rock-bottom prices.

Aditya Patel | Keller Williams Elite Realtor
[email protected] | (551) 207-1114

6 Ways To Get Great Furniture For A Great Price Aditya Patel

📝 Guide To Obtaining Homeowner’s Insurance

1. Make It A Point To Know What Your Policy Covers.
If you don’t know what your homeowner’s insurance policy covers, make it a point to find out.

2. Understand What The Policy Doesn’t Cover.
Not understanding what your policy doesn’t cover can cause great financial loss should anything such as earth movement (earthquake, landslide, sinkhole).

3. Shop Around.
Be sure to check reviews online of the company and agent you plan to do business with, or ask friends and/or family members for recommendations.

4. Keep Records Of Everything.
In the event of damage or loss, you must document everything that takes place.

5. Don’t Wait To File A Claim.
For example, if you notice water damage from a leaky pipe, make a claim right away so it can be fixed. If you wait too long, a small bit of water damage will get worse, resulting in mold and mildew.

Aditya Patel | Keller Williams Elite Realtor
[email protected] | (551) 207-1114

5 Homeowner Insurance Tips Aditya Patel

🏘️ If you find the idea of being the first person to live in a home exciting, then buying a new construction home may be right for you.

⚠️ Before you jump in with both feet, however, there are a few things you must know.

1. You may not find new constructions in the mls. For buyers, new homes won’t show in their agent’s mls search.

2. New homes often sell before they’re built. There will likely be many homes similar to each other in size and design before the project is complete.

3. First buyers get the best deals. Being a first buyer, however, does come with some risk. Once you contract for a new home, you’re committed to the project.

4. You may be able to negotiate upgrades. If you’re interested in buying a new construction home in a project that’s nearing the end of its sales cycle, it’s more difficult to negotiate a lower purchase price.

Aditya Patel | Keller Williams Elite Realtor
[email protected] | (551) 207-1114

4 Things You Must Know About New Construction Homes Aditya Patel

📺 The TV doesn’t always have to be the focal point of a living room.

🛋️ You can create a cozy conversation spot or fashion a great place for group gatherings simply by changing the layout in the room. It’s time to use your imagination with these innovative ways to rethink your living room structure.

5 CREATIVE WAYS TO ARRANGE YOUR LIVING ROOM.

1. Room for a group gathering. Create a great spot for a group of people to hang out in by situating a sofa and two chairs in a “u” shape.

2. Footstools for the win. Footstools are more than just places to put your feet. They can be added to any space to create extra seating while breaking up the flow of the space

3. New twist on the old sofa. One of the easiest ways to shake up your living room layout is to do away with the sofa altogether.

4. No couch needed. Get rid of the couch completely, and replace it with two comfortable chairs. No one says you have to have a couch, and if your living room is small, this will help it look bigger.

5. Hide the tv. If you just can’t get away from having the tv in the living room, you can make it look as if it’s part of the décor instead of the center of the room.

Aditya Patel | Keller Williams Elite Realtor
[email protected] | (551) 207-1114

Innovative Ways To Rethink Your Living Room Structure Aditya Patel

🤝 Negotiating is part of every transaction. Some people are born negotiators, while others are not. You don’t have to be one or the other, though.

💡 You can learn how to negotiate by following the tips here:

1. Watch the market closely
2. Know who holds all the cards
3. Know the going interest rates
4. Don’t underestimate the other party

Aditya Patel | Keller Williams Elite Realtor
[email protected] | (551) 207-1114

How To Easily Negotiate To Make Real Estate Bargains Aditya Patel

🆕 Are you in the market for a new home?

👉 Here’s how to find the best buyer’s agent for your search.

1. Think About The Type Of Agent You Want
Take a minute to decide what you want in an agent in terms of knowledge, education, skill, and personality.

2. Look For Qualified Agents In Your Area
When looking for an agent to help you find your new home, be sure to ask about this accreditation to make sure you’re getting an agent who has your best interest at heart.

3. Go Online To Learn More
Once you’ve identified a few buyer’s agents you’re interested in, go online to learn more about them.

4. Read Reviews
Finding out the experiences of others who worked with the agent you’re considering can give you an insight into whether she is right for you or not.

5. Set Up Appointments
Call each one on the phone and ask any questions you have that are most important to you.

Aditya Patel | Keller Williams Elite Realtor
[email protected] | (551) 207-1114

How to Find the Best Buyer Aditya Patel

🏢 Commercial leases are anything but straightforward. Here are the four common types.

🌟One or a combination of types may work best for you.

1. THE GROSS LEASE
Often called a full-service lease, the gross lease is a fixed monthly payment that might include the tenant paying utilities as well.

2. THE TRIPLE NET LEASE
Not especially attractive to tenants but highly beneficial to landlords, the triple net lease passes on the majority of expenses to the tenant.

3. THE MODIFIED NET LEASE
This lease is designed to suit both landlord and tenant as needs vary.

4. THE PERCENTAGE LEASE
The percentage lease requires that the tenant pay a base monthly rent payment plus a percentage of the business’s monthly sales volume.

Aditya Patel | Keller Williams Elite Realtor
[email protected] | (551) 207-1114

4 Common Types of Commercial Leases Aditya Patel

✨ Success in real estate investing begins with knowing the right people.

⬇️ Here’s how to build and maintain a strong real estate network.

1. Work hard to be trustworthy
As a new investor, it can be difficult finding people who are willing to work with you simply because they don’t know you. You’ll slowly build a reputation for being trustworthy.

2. Honesty is the best policy
Always communicate your intentions from the beginning and don’t pretend to know it all if you don’t. By being honest upfront if you aren’t sure of something, others see you as honest and are more likely to listen to you when you do know what you’re talking about.

3. Be a giver
As a successful investor, you have a responsibility to help others grow and succeed as well without expecting anything in return. Ultimately, when you give to others in your network, you sway the tide of success in your direction because when they succeed, you succeed.

4. Offer mentorship
Your expertise is valuable and can help others achieve their real estate investing goals. Offer mentorship to others in your network by giving advice and sharing your experiences to help them work through their problems.

5. Be gracious
Let the ones who impact your life most know how much you appreciate them and their help. Write a thank you note or send a small gift. After all, without your network of people to rely on, your investing career will go nowhere fast.

6. Keep track of your connections
Over the course of your investing career, you’ll come in contact with hundreds of people. It’s important you devise some sort of tracking system that contains all the pertinent information for each connection you make.

Aditya Patel | Keller Williams Elite Realtor
[email protected] | (551) 207-1114

mkt.homes

🏡 Celebrating Thanksgiving - a time for reflection and unity in the world of real estate. 🍂

🌟 In property, as in life, gratitude and collaboration form the cornerstone of success for both individuals and teams. 🏆🤝

🏠 Just as a well-structured house supports its inhabitants, effective teamwork and partnerships bolster our endeavors in real estate. 🏡🏢

🌆 Whether you're navigating the market solo or as part of a cohesive unit, let the spirit of Thanksgiving guide your journey toward prosperity. 🌄

🍂 As we give thanks for the opportunities and connections that shape our real estate ventures, remember that together, we can achieve more. 💼

📈 Reflect, unite, and aspire to greater heights. Happy Thanksgiving, where gratitude enriches our path to success in the property market! 🍂🏡



Aditya Patel | Keller Williams Elite Realtor
[email protected] | (551) 207-1114

☔ If you’re a landlord, save up for a rainy day!

😱 Don’t get caught without an emergency fund.

4 Reasons Why Keeping A Rainy Day Fund Is A Must For Landlords

1. The roof/foundation needs repair. If you fix it yourself, it’ll be less expensive, but neither option is going to be cheap.

2. Appliance breakdown. As the landlord, you must act quickly to repair or replace the unit to keep your tenants safe and happy.

3. Bad tenants. While you may charge a security deposit just for cases like this, many times it isn’t enough if your tenants go above and beyond in their quest to destroy your property.

4. Vacancy expenses. From the mortgage payment to utility bills, it’s your responsibility to pay it all yourself until you can find new tenants.

Aditya Patel | Keller Williams Elite Realtor
[email protected] | (551) 207-1114

mkt.homes

🏖️ Do you dream of owning a home on the beach? If so, consider these four things before buying that picturesque property.

Beach house basics: be aware of these 4 things when buying your dream home

1. Seclusion vs. Hustle & bustle. Beaches tend to draw a bevy of tourist activity, so if you enjoy all the hustle and bustle, you’ll probably enjoy all the nearby conveniences and wealth of potential interactions, too.

2. Beach-front vs. Off-the-beach properties. Beach-front houses are the homes tourists rent for vacation. On the other hand, beach-front properties garner high rents should you decide to rent yours out when you’re not using it.

3. Seaside homes are vulnerable to mother nature. It’s important to research the history of the property well and ask a land surveyor or people who live nearby how badly the area floods.

4. Water damage is common. Take an experienced home inspector along if you can to help you determine which homes are in good shape and which ones will be a bad investment.

Aditya Patel | Keller Williams Elite Realtor
[email protected] | (551) 207-1114

4 Things You Need To Know Before Buying A Beach House Aditya Patel

😱 There are a lot of things to do when moving to a new residence. One important thing is changing your address.

💭 It can be challenging remembering everyone you should notify, so here is the easiest way to get the job done.

Who needs to know?
The list of people who should know that you’ve moved can be rather lengthy so be sure to make a list.

When to notify everyone
The postal service suggests putting in a change of address no later than two weeks before you move.

How to notify everyone
How you notify the people on your list is up to you.

What you need
When you contact people you have accounts with, be sure you have your new address and phone number handy.

What to do after you move
If you receive any forwarded pieces of mail, contact the sender to verify they have your new address on file.

Aditya Patel | Keller Williams Elite Realtor
[email protected] | (551) 207-1114

Easiest Way To Change Your Address When You Move Aditya Patel

💸 6 Money-saving Tips For Buying Your First Home

📝 To help you avoid spending more than you need to, we’ve put together a few tips to keep in mind as you go through the home-buying process. Here’s how to, buy your first home like an economist.

1. Go Into Your Home Search Knowing What You Want And Don’t Want
For instance, how far is too far of a commute to work? How many bedrooms do you want? Does the home need a big backyard?

2. Think About Resale Value
For example, if the home has been on the market for a long time, it’s possible the asking price is too high.

3. Educate Yourself On The Local Data
Compare the asking price to this data to make sure it’s in line with the other local properties so you can make a fair offer and hopefully avoid a bidding war.

4. Be Smart With Your Offer Terms
Be smart about the terms of your offer when possible to protect your own interests.

5. Ask For Concessions
It’s possible the seller will opt to make the repairs himself, but if not, will likely give you the money if he’s serious about selling the property.

6. Don’t Be Afraid To Negotiate
Stand up for yourself and negotiate for what you think is fair.

Aditya Patel | Keller Williams Elite Realtor
[email protected] | (551) 207-1114

mkt.homes

🏡 Honoring Veterans Day - a day to salute the bravery and dedication that transcends individuals and teams, much like the spirit of real estate. 🇺🇸🤝

🏠 In the world of property, just as veterans exemplify resilience and unity, successful real estate ventures thrive on collaboration and determination. 🏆🏢

🌟 Whether you're a lone agent or part of a cohesive team, let the valor of Veterans Day inspire your journey through the market's challenges and victories. 🌄🏡

🏢 Much like the military, the real estate sector requires discipline, strategy, and unwavering commitment to achieving objectives. 💼🏠

🇺🇸 Embrace the principles of dedication and teamwork, and make your mark in the real estate landscape. Happy Veterans Day, where honor and achievement go hand in hand! 🤝🏡



Aditya Patel | Keller Williams Elite Realtor
[email protected] | (551) 207-1114