Robin V. Wish - Real Living Suburban Lifestyle Real Estate



Posted by Robin V. Wish on 5/10/2021

Photo by F. Muhammad via Pixabay

Whether you're about to sign on your first rental property or already possess a portfolio full of properties that are cash-flowing like crazy, you need this. Time to reframe your mindset, step above the minutiae, and get a panoramic view of the path you're choosing. 

Why Set Goals?

It's easy to get caught up in chasing shiny new investments--especially as you gain experience investing and managing properties. But chasing every fabulous deal that pops up can take you on more than a few rabbit trails that won't get you any closer to your end goal. 

  • Maybe you want to semi-retire at 40 and travel the world with your family. 
  • Maybe you want to build your net worth so you'll be able to unload most of your properties once you retire and reinvest into building your own dream home. 
  • Maybe you want to focus on building sustainable positive month-to-month cash flow so you can pursue non-real-estate-related goals. 

You might stumble across a slew of excellent deals and solid investments that don't fully push you toward your goals. They're good. Great, even. But maybe they require more in-depth vetting of tenants than you're willing to take on right now, or a complete rehab that you don't have enough hours in the day to pull off. 

Zoom out. Secure your vision. Grab a pen. And set some goals. 

Characteristics of Great Goals

  • Excellent goals are specific and measurable. You'll know beyond a shadow of a doubt when you've arrived at them. Maybe it's a certain number in terms of cash flow or net worth. Maybe it's the point at which you can quit your day job. Maybe it's something else. If you can't measure it, it's probably not specific enough. 
  • The best goals are realistically achievable. Anyone can set a goal to become a billionare in the next 12 months. Unless it's realistic for you, keep dreaming about it and working toward more achievable chunks of that dream. 
  • The best goals involve other people. This one might surprise you, but a team/community/network mentality is staggeringly important for real estate investors. You'll need a team you can rely on, and your long-term goals should involve deepening your network with investors, real estate agents, and other industry professionals that are rock stars in their fields. 





Posted by Robin V. Wish on 4/22/2021

This Single-Family in Westwood, MA recently sold for $650,000. This Cape style home was sold by Robin V. Wish - Real Living Suburban Lifestyle Real Estate.


22 Dayton Ave, Westwood, MA 02090

Single-Family

$649,900
Price
$650,000
Sale Price

8
Rooms
3
Beds
2
Baths
Picture perfect cape in sought after neighborhood! Fantastic layout with three large bedrooms and bath upstairs! The first floor features a front to back living room and family room, a large cabinet-packed kitchen w/ plenty of counter space and a sunny dining room w/ 2 corner cabinets. Hardwoods throughout! Updates include: Harvey windows installed 2004. New furnace, HW heater, and new tank in 2010, New main chimney, bricks and flashing 2016. New roof, gutters w/ leaf guard, new garage opening system, new door from garage to basement 2019. Interior rooms freshly painted fall 2020. New bulkhead 2021. A smartly finished lower-level play/exercise room is great for the whole family and conveniently located second full bath! This sweet house won't last! The stone walls, pretty gate, quintessential cape style, french doors in living room and two fireplaces ( family room is heated by pellet stove). LR pellet insert has been removed.

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Categories: Sold Homes  


Posted by Robin V. Wish on 4/19/2021

Photo by Kindel Media from Pexels

Your real estate agent can have a lot to do with your home purchase. Some buyers may think they do little more than fill out a few standard forms, but the reality is more complicated than that. If you're planning on buying a new construction home, the rules of working with a real estate agent get even more complex. Learn more about how to work with a real estate agent, so you can have the best possible outcome.

Step 1: Vet Your Agent

The agent you choose should have direct experience working with new construction homes. Because new construction homes present a unique set of challenges, it takes a certain expertise to work through each problem. Buyers often choose new construction homes because they want to start fresh and have full control over their environment. Your agent should understand this and help you choose a property that will live up to your expectations.

Step 2: Do Your Homework

An agent is there to explain the industry to you, but there's value in learning about new construction purchases before you even contact them. This will not only help you define your standards, but it can give you the confidence you need to buy a new home. The good news is that you're getting ready to buy a home without having to worry about the seller's emotional connection to the property. Instead you'll be working with someone who is primarily motivated by practicality.

Step 3: Know the Art of the Ask

So what does it mean to work with a pragmatic seller? The bad news is that they're unlikely to come down on price. Unless it's a one-off project, they know that coming down in price for you might mean lowering prices for everyone in the future. When you're working with your agent, be sure to ask about what can be negotiated. Builders might be more likely to throw in perks, such as better appliances or closing costs, as a way to offset the bottom-line. A good agent will push the seller to do more without overstepping boundaries.

Step 4: Prioritize the Details

Your home purchase comes down to the inspection and the contract. A common assumption for new homes is that they are structurally sound. After all, they haven't known wear and tear, soil shifts or homeowner blunders that can damage a property. These are all potential hazards that only come into play after someone has already had the property for a while. However, this is very misleading logic, one that could put you at a disadvantage.

While your real estate agent should be pointing out these potential perils, it helps to stay involved as much as possible. Make sure you're working with an inspector who can spot the flaws of new construction homes. From cheap materials to poor design, a professional can give you more context as to the true value of the home in relation to the price you're paying. The right agent can also pick up on anomalies in a new construction home that you might not have noticed.

Working with an Agent

As the client, your agent should be working for you, and not the other way around. However, it's clear that new construction homes are different enough that it helps to come in with the right attitude. If you're expecting the agent to negotiate $25,000 off the purchase price, you might be disappointed.

The best thing that you can do is find an agent who understands what's at stake for the seller. Whether you're working directly with the builder, developer or a third party, the goal is to find your leverage as a buyer and then work with that as much as possible.

As the buyer, it's your job to be involved with the process. As you ask questions and clarify your needs, it will give the agent more data to work with. So whether you're buying a starter home or a vacation condo, you end up with a quality home that will retain its resale value.





Posted by Robin V. Wish on 4/1/2021

This Single-Family in Dover, MA recently sold for $1,020,000. This Cape style home was sold by Robin V. Wish - Real Living Suburban Lifestyle Real Estate.


1 Hughes Ln, Dover, MA 02030

Single-Family

$975,000
Price
$1,020,000
Sale Price

6
Rooms
2
Beds
2/1
Full/Half Baths
OFFERS DUE FEB 1, 12PM! SELLERS PREFER 8-10 WKS TO CLOSE.. stunning cape style detached condominium home offers private spaces, low fees, common areas and easy living! Just the right size, open floor plan AND spaces to "get away" featuring a separate living room, family room and study. A sunny kitchen features upgraded viking range and oven, granite counters, plenty of cabinets, a large island, and wet bar with full view of the family room. Spacious family room features a vaulted ceiling, gas fireplace and exterior access to the private deck. The master sanctuary features a generous bedroom, a fitted walk in closet, a spacious bath with double sinks, a separate tub and large tiled shower. Ten minutes to Needham junction, 20 min to south station. Enjoy direct access to Noanet Woods and Caryl park - hiking, dog walking, tennis courts - Live in the country close to the city! Enjoy top school system.. It's all here! Floor plan has been attached to MLS documents






Tags: Real Estate   Single-Family   Dover   02030  
Categories: Sold Homes  


Posted by Robin V. Wish on 3/29/2021

Real estate market data is readily available to home sellers across the United States. With this information at your disposal, you should have no trouble maximizing the profits from your home sale.

Now, let's take a look at three real estate market data that every home seller needs to check out before listing a residence.

1. Prices of Comparable Houses

Let's face it determining a competitive price for your house may prove to be difficult, regardless of your home's age or condition. Fortunately, if you analyze the prices of comparable residences in your city or town, you can better understand how your house stacks up against the competition and price it appropriately.

Furthermore, it may be beneficial to conduct a home appraisal prior to listing your house. This appraisal enables a home expert to assess your house both inside and out. Then, you'll receive an appraisal report that contains a property valuation, which may help you determine a competitive price for your house.

2. Prices of Recently Sold Houses

Are you preparing to enter a buyer's or seller's market? Review the prices of recently sold houses in your area, and you can find out whether the current housing market favors buyers or sellers.

If home sellers are receiving offers at or above their initial home asking prices, now may be an ideal time to list your residence. Thus, you may want to add your house to the real estate market sooner rather than later to capitalize on a housing sector that likely favors sellers.

Conversely, if home sellers are receiving offers below their initial home asking prices, you may want to allocate significant time and resources to find ways to improve your house. Because if you enhance your house's exterior and interior, you may be able to help your house stand out from the competition and increase the likelihood of a profitable home sale.

3. Average Amount of Time That a House Is Listed

Check out how long houses stay on the real estate market before they are sold you'll be glad you did. With this housing market data in hand, you can assess the pulse of the real estate market and map out your home selling journey accordingly.

If you need help collecting or analyzing real estate market data, there is no need to worry. Hire a real estate agent today, and you can gain the insights that you need to make informed decisions throughout the home selling journey.

A real estate agent is a housing market expert who is happy to help you in any way possible. He or she will provide recommendations about how to price your house and improve your home's interior and exterior. Plus, a real estate agent is available to respond to any of your home selling concerns or questions, at any time.

Ready to list your home? Review the aforementioned housing market data, and you can obtain deep insights into the real estate sector prior to selling your house.







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