The Top Seven Traits Of A Successful Real Estate Investor

Real estate is said to have made more millionaires than anything else. For those who have successfully made money in it, it’s not hard to see why. With so many different ways to grow wealth investing in real estate, there are tons of opportunities for many different people with different skill sets and talents to be successful, make money, and improve their financial position in meaningful ways.

The author is a real estate investor and he has created wealth through it. Having interviewed successful investors on the BiggerPockets podcast and networked with them in many forms, David has recognized patterns in the abilities of an investor that often lead to their success. Here’s a list of some of the traits among the most successful investors. Whether it’s a house flipper, residential home landlord, or large apartment complex owner, these same traits are almost always involved.

The article is written by David Greene for Forbes. You can read the full article here.

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Sheila Abai is a senior mortgage consultant at PNC Bank. She utilizes her 20+ years of finance and mortgage experience to identify the best mortgage and refinancing solutions for her clients. Sheila can be contacted via email at Sheila.Abai@PNC.com or via telephone at 310-666-5959.

7 Reasons Home Buying Shows Like ‘House Hunters’ Remain Popular

HGTV renewed a trio of house hunting shows, offshoots of its hugely popular House Hunters series that follow people as they search for homes in paradise—beachfront and island locations.

The renewals were hardly a surprise. House Hunters, which debuted in 1999, remains one of the most consistently popular shows on cable, thriving through the Great Recession (as some other house hunting shows became passé) and inspiring loads of spinoffs.

Nielsen has estimated some 25 million people watch House Hunters each month. It’s rare to find a program that can last more than a decade; House Hunters and its spinoffs are closing in on two.

What is the secret to the show’s success? Here are seven of them.

The article is written by Toni Fitzgerald for Forbes. You can read the full article here.

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Sheila Abai is a senior mortgage consultant at PNC Bank. She utilizes her 20+ years of finance and mortgage experience to identify the best mortgage and refinancing solutions for her clients. Sheila can be contacted via email at Sheila.Abai@PNC.com or via telephone at 310-666-5959.

How To Capture The Millennial Market As A Real Estate Agent

Millennials are changing the housing market. When we look at the 2018 buyer and seller trends report published by the National Association of Realtors, we find the 18-to-35-year-old demographic was the largest group of homebuyers, making up 36% of the market over the last few years.

For 65% of this group, it was their first home purchase. It means that more than a third of those millennials were already buying their second home. When you consider that the average younger homebuyer will likely be selling in less than 10 years, it is clear that to be a successful real estate agent, your future depends on knowing these customers and how to best appeal to them.

The article is written by Joe Houghton for Forbes. You can read the full article here.

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Sheila Abai is a senior mortgage consultant at PNC Bank. She utilizes her 20+ years of finance and mortgage experience to identify the best mortgage and refinancing solutions for her clients. Sheila can be contacted via email at Sheila.Abai@PNC.com or via telephone at 310-666-5959.

Six Tips To Improve The Chances Of Selling Your Home This Winter

It’s usually all quiet on the real estate front in December and January. Many of us are focused on the holidays and our New Year’s resolutions, not open houses. If sellers have the luxury of waiting until mid-February to put their homes on the market, I advise them to wait.

But there are exceptions. Homes still attract offers during this 60-day period. If you have to sell your home in the middle of winter, here are six tips that will greatly increase your ability to close the deal.

The article is written by Corey Burr for Forbes. You can read the full article here.

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Sheila Abai is a senior mortgage consultant at PNC Bank. She utilizes her 20+ years of finance and mortgage experience to identify the best mortgage and refinancing solutions for her clients. Sheila can be contacted via email at Sheila.Abai@PNC.com or via telephone at 310-666-5959.

Home Buyers Growing Attached To Thought Of Townhome Living

Soaring land and building costs, higher median single-family home prices, growing preference for dense, walkable environments and the need for a bridge between renting and first-home purchases are all helping bring back a staple of the 19th Century. That Victorian-era essential is the townhome.

National Association of Home Builders (NAHB) analysis of the most recent census data of “Starts and Completions by Purpose and Design” found townhouse construction starts continuing to grow. Over the four quarters ending with the first quarter of 2018, townhouse starts nationally totaled 105,000, seven percent higher than the prior four quarters. Employing a one-year moving average, new townhome market share is at 12.3 percent of all single-family starts.

The article is written by Jeffrey Steele for Forbes. You can read the full article here.

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Sheila Abai is a senior mortgage consultant at PNC Bank. She utilizes her 20+ years of finance and mortgage experience to identify the best mortgage and refinancing solutions for her clients. Sheila can be contacted via email at Sheila.Abai@PNC.com or via telephone at 310-666-5959.

In California Fires, When Every Second Counts, Could Smarter Houses Save Lives?

In California, fires engulf thousands of homes, the lives they take keep adding up, and they leave hundreds of thousands of acres charred, smoldering.

A life or-death factor has made itself clearer in the past few days. Evacuation routes and disaster drills don’t always work. Choked, bumper-to-bumper, inferno-lined tunnels to escape can fail epically as pathways to safety. People need more time, precious moments to flee according to plan. To do that, they need houses that can protect them longer as the danger kicks up, so that they can reach refuge strategically rather than in panic, chaos, and confusion.

Smarter houses. Future-proof houses. Maybe, although it’s sacrilege to say, not houses made of wood.

The article is written by John McManus for Forbes. You can read the full article here.

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Sheila Abai is a senior mortgage consultant at PNC Bank. She utilizes her 20+ years of finance and mortgage experience to identify the best mortgage and refinancing solutions for her clients. Sheila can be contacted via email at Sheila.Abai@PNC.com or via telephone at 310-666-5959.

Are You Ready For A Starter Home Or A Forever Home?

The decision to buy a home is a big one and it gets even more complicated when you factor in the decision between choosing a starter home or investing in a forever home. Luckily, that’s where we come in. We laid out three big considerations to keep in mind when you’re choosing between the two. Read on below to make the decision between a starter home and a forever home clearer than ever before.

The article is written by Tara Mastroeni for Forbes. You can read the full article here.

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Sheila Abai is a senior mortgage consultant at PNC Bank. She utilizes her 20+ years of finance and mortgage experience to identify the best mortgage and refinancing solutions for her clients. Sheila can be contacted via email at Sheila.Abai@PNC.com or via telephone at 310-666-5959.

How To Break Into Real Estate Investing As A Solopreneur

Many people think you have to be super wealthy to be a real estate investor, but plenty of individual investors are jumping into the fray. Among nonemployer businesses the U.S. –that is, firms where the owners are the only employees—there were 1,714 bringing in $1 million to $2.49 million in revenue in 2016, according to the U.S. Census Bureau. And there are many more getting close to breaking $1 million in revenue, with 99,154 bringing in $500,000 to $999,999 per year.

So how can you get in on the action?

The article is written by Elaine Pofeldt for Forbes. You can read the full article here.

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Sheila Abai is a senior mortgage consultant at PNC Bank. She utilizes her 20+ years of finance and mortgage experience to identify the best mortgage and refinancing solutions for her clients. Sheila can be contacted via email at Sheila.Abai@PNC.com or via telephone at 310-666-5959.

How Stock Trading Inspired This Startup’s Approach To Real Estate

The real estate startup REX, a 3-year old company has made its foray in to the real estate disruption landscape by charging only 2% of the final sales price when listing a home and by not put their listings on the Multiple Listing Service. If a client buys a home outside of their network, such as one listed on the MLS, REX refunds 50% of the buyer agent’s commission two days before closing.

REX has already attracted $30 million in two funding rounds from investors such as Amit Singhal, former senior vice president of search, Google; Jack Greenberg, former chief executive officer, McDonalds; Dick Schulze, founder, Best Buy (and formerly #722 on Forbes billionaires list); Gordon Segal, founder, Crate and Barrel; and Scott McNealy, co-founder and former chief executive officer, Sun Microsystems.

The article is written by Amy Dobson for Forbes. You can read the full article here.

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Sheila Abai is a senior mortgage consultant at PNC Bank. She utilizes her 20+ years of finance and mortgage experience to identify the best mortgage and refinancing solutions for her clients. Sheila can be contacted via email at Sheila.Abai@PNC.com or via telephone at 310-666-5959.

Are These Three C’s The Key To The Real Estate Revolution?

For an industry that has historically remained stagnant, the pace at which technology is evolving will expedite change at an unprecedented rate. As such, this is an exciting time for consumers and agents alike, but we need to adjust our mentality and approach to real estate transactions accordingly.

You’ve likely heard of the four C’s of buying a diamond. in order to directly address consumer demands, the real estate industry needs to modernize real estate by embracing three pillars: certainty, convenience and cost-effectiveness — it’s very own three C’s, if you will.

The article is written by Sean Black for Forbes. You can read the full article here.

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Sheila Abai is a senior mortgage consultant at PNC Bank. She utilizes her 20+ years of finance and mortgage experience to identify the best mortgage and refinancing solutions for her clients. Sheila can be contacted via email at Sheila.Abai@PNC.com or via telephone at 310-666-5959.