Courtesy of
Mindy Dougherty
REALTOR®
(727) 314-5553 (Direct)
(727) 953-6306 (Office)

              

How to get started as a real estate investor
There's more than one way to become a real estate investor. The fastest, easiest way is to invest is in REITS (Real Estate Investment Trusts). They're as easy to buy as a stock or mutual fund since you're not buying a physical property. Made up of commercial real estate, these Trusts include office buildings, retail, apartments and hotels. 

You can also buy a 2-4 unit complex, live in one unit and rent out the rest. With this strategy, your loan can be an owner-occupied, Fannie Mae loan. That means a lower interest rate than a standard non-owner occupied loan for a standard rental property. If you decide to purchase an investment property, just make sure you have more money coming in than going out!
Are men or women buyers more likely to compromise?
Real estate is all about compromise. Did you know that 76 percent of all sellers make at least one concession or compromise? The top concession is lowering the sales price (34 percent), according to a Zillow survey.

What's surprising is that there's a big different between women and men when it comes to compromising during a home purchase. NAR (National Association of REALTORS®) research shows that women are better overall at compromising than men. In fact, single males are much more likely to not make any compromises during a home purchase than single females, married couples and unmarried couples.

There are generational differences, too. Millennial sellers – 85 percent – make the most compromises to finalize a home sale, Generation X is next at 75 percent, followed by Silent Generation sellers at 70 percent, and Boomers at 67 percent.
New to the Market!
6980 ULMERTON ROAD #5A, Largo, FL 33771
$170,000
2 Bedrooms  |  3 Bathrooms  |  1,330 Square Feet  |  Listing ID U8022062
Move-In Ready! Centrally located in Largo, Florida this end unit townhome features over 1,300 square feet of living space. A neighbor to the pool and former model home for the community, it wows with many upgrades the other units simply can't boast, including copper plumbing! The eat-in kitchen with casual breakfast bar and space for dining or an office, can accommodate family and friends while showcasing new appliances including French door refrigerator, double ovens, microwave, disposal and dishwasher! Beautiful mahogany vinyl plank floors (2014), tiled entryway and hardwood stairs to the second floor. The L-shaped living area offers great options for entertaining or additional dining space. Open the sliders to the largest lanai in the neighborhood with new screens (2016) and a spacious fenced backyard (2015). The laundry closet is tucked away on the first floor and a single car garage offers additional storage with even more parking on the driveway for two vehicles. Kwikset smart key locks on all doors. Roof for the entire building was completed in 2010. A fenced dog area and serene pond is located across from the townhome. HOA dues cover grounds maintenance, pool and cable TV. There is no sign posted. Call today for your private viewing.

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The one thing that home buyers won't compromise on
Many home buyers are willing to compromise on certain characteristics. They'll give in on price (21%), the condition of the home (19%), the size of the home (18%), and even the distance of the home to their place of work (13%).

But according to the National Association of REALTORS®, the two characteristics home buyers are least willing to compromise on are the quality of schools and distance from schools. Just 4% of recent buyers compromised on the distance to schools, and a mere 2% compromised on the quality of schools. 

Twice as many recent buyers were willing to compromise on both the quality of the neighborhood and the distance of their home from family and friends.
Mindy Dougherty
SL3382375

RE/MAX By The Bay
100 Main Street, Safety Harbor, FL 34695
Each Office Independently Owned and Operated.
©2018 Imprev, Inc. Pub 11/18