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House Heroes Blog

How To Avoid Problem Tenants

How To Avoid Problem Tenants

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Tenants drive landlords crazy.  Frustration builds over rent arrears, property damage, noise, lease violations, complaints, and evictions.  Problem tenants make some landlords want to sell their rental unit, but other landlords successfully navigate tenant disputes.  Following these steps will go a long way to making you a happy (and profitable) landlord. Screen Tenants. Screening is the … Continued

Have An Inherited Home? This Is What You Should Do:

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In South Florida alone, thousands of people are in the process of inheriting probate houses. Inheriting property can be a challenging experience, both financially and emotionally.  Amidst experiencing the profound grief over losing a loved one, family members inherit homes that require thoughtful planning. Siblings often disagree about what to do with the property, leaving … Continued

Residential Mortgage Lending With Yale Wolf, March 2016

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Residential Mortgage Finance With Yale Wolf, March 2016 Our friend Yale Wolf is a residential lending specialist at PHH Home Loans, LLC.  A seasoned professional, Yale has worked in the banking and mortgage industry for over 15 years. House Heroes spoke with Yale about the state of the residential mortgage lending.  Check out his thoughts … Continued

Finding MLS Deals In A Competitive Market

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New to real estate investment and trying to find deals on a budget?  Direct-mail marketing has exceptional returns, but campaigns cost thousands and take months for the pay-off.  Website providers such as InvestorCarrot are cost effective, but earning Google ranking for your site requires months of hard work.  Pay-per-click is cost prohibitive on a shoe-string … Continued

Time to Buy in Miami: February 2016 Market Update

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Troy Martin, data scientist at online real estate titan Redfin, released a market update on February 18, 2016.  (See 2016 is Staged for More Competition as Supply of Homes Dwindles).  Based on Redfin’s data collection, Mr. Martin concludes the U.S. housing market will be increasingly competitive in 2016. Compared to January 2015, U.S. home sales … Continued

The Top 5 Reasons to Sell Your Home to a Real Estate Investor

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South Florida homeowners typically have two options for selling their house: (1) listing with a real estate agent on the MLS, or (2) selling to a real estate investor.  Both options have their benefits.  Selling a home directly to a real estate investor can be a great solution for homeowners, and here are the top … Continued

South Florida Sets Record For Home Sales, But Market Slowing Down

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Miami-Real Deal author Sean Stewart-Muniz reports 2015 was a record-setting year for Miami-Dade, Broward, and Palm Beach County residential home sales.  (See South Florida home sales hit 10-year high in 2015). According to data released from real estate information company RealtyTrac, the tri-county area set a 10-year record for home/condo sales, with 114,002 single-family homes … Continued

Redfin Predicts South Florida’s Hottest Neighborhoods of 2016

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On January 28, 2016, residential real estate company and website giant Redfin released predictions for the hottest U.S. neighborhoods in 2016.  (See Redfin Predicts South Florida’s Hottest Neighborhoods In 2016).  Data scientist Troy Martin authored the article, with contributions from local real estate agents. Redfin expects Coral Terrace, Sunset, and Granada will be the hottest … Continued

Home Seller Tip #1 – How To Value Your South Florida House

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If you need to sell your South Florida house, you are likely wondering about the house’s market value.  Determining a home’s market value is a complex task, and even professional appraisers sometimes struggle to value property.  Although we recommend consulting a real estate professional, there are ways for homeowners to gauge the value of their … Continued