Residential Investing Picking The Best Green Value A couple of weeks back we took a look at a spreadsheet with 16 single family and multi family investment properties in Fresno CA. This week we'll be featuring a few of the best as we discuss how to identify the greatest value for those just getting started to the experienced green investor looking to pad their portfolio. Obvious considerations are: Location Market Age Condition Improvements Neighborhood Some other important factors include: Financing: Cash vs. financed investing Bid price: Properties with zero to a dozen offers Configuration: How does the number of beds and bath really pencil out? Previous remodeling: Are permits important? What are indicators of poor...Continue Reading!
Floor Plans Reconfiguration Tips and Tricks When buying a previously owned home as a primary residence or an investment property slight or even major floor plan changes can add attractiveness, convenience and value. This is particularly true when remodeling older homes, which may have dated floor-plans not to mention unusual and even unpermited additions. This week will be looking at just such a property located at 198 Pond Road Bridgton ME. A joint venture investment, we're determined to take a 100+ year old floor-plan, including more recent somewhat unfortunate remodeling, to a whole new level of Green Livability. As always we've found no one of...Continue Reading!
Fresno Real Estate 7th Metro Area In Nation As previously discussed housing markets are on the rise. In some areas around the nation this means there's good money to be made in flipping even when adding extra value by some of all of well planned and executed Energy Package. Other areas lend themselves more towards buying and holding for the purpose of leasing. Fresno is an example of such a market where rental values are are high in comparison to the relatively low purchase price of investment properties. According to a national survey 6 of the 7 metro areas with the fastest rising list...Continue Reading!
GREEN Projects Update From West to East Coast As you many know GEE always has several projects in the works. From new investment opportunities and acquisitions to energy wise remodels for flipping or renting we stay busy doing our part and helping others to Save The Planet One Foreclosed House At A Time! Tonight we'll do an update round up on current and new projects including interesting developments from the West to East Coast. Time permitting we'll discuss: Maine property acquisition including finding extra acreage attached not evident in listing. Flipping or renting options in Virginia. Rental prices increasing the Return On Investment (ROI) in California. As always...Continue Reading!
Hawaii Energy Efficiency and CHERP Jack Frost, our energizer bunny of energy efficiency programs and politics, just returned from investing a good part of his Hawaiian vacation taking the temperature of the state of the industry is this tropical paradise. Meeting with business leaders, government officials and non profits Jack learned that Hawaii residents and business owners pay the highest cost per Kwh in the country ($.35 per Kwh). Solar companies have been flocking to Hawaii to take advantage of the Solar gold rush and as you would expect they're overselling renewables and underselling energy-efficient measures that would otherwise reduce the need for larger...Continue Reading!
Great New Form Home Performance Evaluation Tonight, Debra Little, our resident Green Hearted Appraiser, Speaker and Consultant will be reviewing a form she and various team members have been designing to assist everyone from home buyers and real estate professionals to HERs and BPI licensed raters in making home energy assessments easier. Qualified as a Building Analyst: BPI Certified Green Point Rater: Build It Green; Green Certified Homes, EE Lighting Designer, Residential and Land Appraiser as well as a Consultant for Sustainability, Energy Efficiency specializing in Residences, Debra's in a excellent position to understand the need for a simple yet reliable form that...Continue Reading!
3 Project Updates From East to West Coast Greetings PlanetSavers, Tonight we'll be updating the progress on three properties we've been following. As many of you know the real estate markets across the nation provide various kinds of short and/or long term investment options while allowing for energy wise upgrades. This being the case, I believe green remodeling of residential real estate represents one of the greatest avenues for financial and environmental security. 198 Pond Rd. Bridgton, ME A 3 bedroom 2 Bath 1716 Sqft home built in 1900 that appears to be a fantastic deal at $46,000. Conflicting deeds show property may be between 2-14...Continue Reading!
Open Forum Various Rental Issues Many thanks to our recent guest interviewees. If you missed any of these great webinars you can find them archived here. As we've been discussing, real estate markets around the nation are providing exciting investment opportunities. From buy and hold rental properties in Fresno, CA to Energy Wise flips in Virginia and Maine! With excellent ROI's, this is a good time to jump in and catch the rising tide of passive income and/or equity. For those who already have, tonight's Open Forum's a chance to ask questions and get feedback on any and all aspects of your project. For those...Continue Reading!
Joint Venture Easy Way To Get Started Tonight we will analyze a property purchase in Maine for the purpose of either flipping or renting. I'll be making an offer on 198 Pond Rd, Bridgton, Maine 04009 tomorrow morning, a 1,761 sqft 3 bedroom 2 bath and am offering an opportunity for someone(s) to partner with us on this project. I know, Maine is a long way away from most of you (me too.) I wouldn't stretch that far if it weren't for knowing Tom Smith, the contractor and Home Performance expert who we will be using to complete this project. Tom has been...Continue Reading!
Plug Load Reducing Bills and Carbon Footprint This week we'll be interviewing Chris Hunt of Power Down, an electricity auditing and installation service that helps homeowners throughout Northern California reduce their electricity bills and carbon footprint using inexpensive smart tools and the latest technologies. Chris will share his experiences with his own home and that of others, including how to identify and fix top energy waisting problems. By examining background or phantom power usage, investigating what appliances and devices consume large amounts of electricity, PowerDown customer testimonials show a reduction of monthly electric bills between 13% and 35%. Other questions for Chris include: Are set...Continue Reading!