Noelle Rawlins - Realtor

Have questions about real estate investing? 🏡

did you know there are reliable formulas that can help you determine whether a property is worth pursuing? 🤔💭

Meet your new friend pro forma!
A pro forma is the technical term used by investors to estimate a property's rental income, determine expenses, and forecast long-term gains.

Pro forma calculations are about as detailed as you can get, however there are general "rules of thumb" every investor should keep in mind when perusing properties. Swipe to read 'em!

Thinking about purchasing a home? Send me a DM to learn about our buyers advantage program and off market listings 📩

Is that home overpriced? 💰✨

One of the biggest concerns when purchasing a home is “is this house worth it?”. Here are a few ways that we can determine that ⤵️

1️⃣ Your agent can prepare a CMA (comparative market analysis)

2️⃣ Check days on market. A property that's been sitting on the market for a while may indicate an inflated price.

3️⃣ You'll be well into the buying process before the appraisal comes back, but it's critical in confirming a property's value. If the appraisal comes in lower than the listed price, it's a serious red flag.

4️⃣ Interior and exterior upgrades can add or subtract from a home's value.
If things don't add up, it's time to ask some questions.

5️⃣ Sometimes, sellers get attached to their homes, leading to
"emotional pricing" - pricing based on data AND sentimental value.
Have compassion, but negotiate with your CMA in hand to avoid paying more than you should.

Questions? Send me a DM 📩

Contact me to learn about our homebuyers advantage program and off-market listings.
🏡🗝️✨

Top 3 ways in building equity 💰✨

1️⃣ The option to tap into the value of your home

- Your property appreciates over time, which means so does your equity.

- When deciding to sell, refinance or take out a home equity loan, your equity gives you a valuable asset at your disposal. With the option to borrow against your home, you could renovate, pay for your children's education, start a business, etc.

2️⃣ A pathway to future financial stability

- With each mortgage payment, your debt decreases, and ownership increases.

3️⃣ Potential tax benefits

- You may be able to deduct the interest you pay on your mortgage and your property taxes from your taxable income.

Contact me to learn about our homebuyers advantage program and off-market listings.
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Contact me today to learn about our buyers advantage program and off-market listings!

Ready to start your home search but not sure where to start? 🤔🔍

Step 1: Read through this guide 🤓

Step 2: contact me 🤗🗝️✨

For Sale in Rialto! ✨

Contact me for more information and private showings

949.333.9808