Do you have a downsizing plan for your house in Orange County? Lifestyles change and along with them, the requirements you have for a home change as well. In addition to finding your new smaller home and the hassles of listing and selling your current larger home, the task of downsizing can seem overwhelming. Going through a lifetime of memories and belongings can be emotionally stressful as well. We have broken it down into easy to manage steps to help make the process easier for you! Read on to learn more about our four-step downsizing plan for Orange County homeowners

Sorting

The first step in our downsizing plan for Orange County homeowners is to sort your belongings, keeping in mind the limits on space in a smaller home. You can begin by sorting items such as clothing and kitchen or household supplies by the amount of time that has passed since last used, a common timeframe for this process is to eliminate items that have not been used within one year. As to decorative elements and furniture, rather than keeping items based on the market value, decide what you will be taking with you by what each piece means to you personally.

Selling

Moving forward to the second step of our downsizing plan for Orange County homeowners is to sell any valuable items you are ready to discard. The internet provides avenues to sell larger pieces like furniture locally, through sites listing items for sale, local rentals, and jobs, which are heavily trafficked. For more special items, there are sites that specialize in nearly any type of collectible. Additionally, there are sites where specialized items are gathered under one domain, with several categories of listings. Be certain to provide plenty of images of each item.

Donating

For many, giving their items to charity is preferred as a method of clearing all of their items, donating these goods is the third step in our downsizing plan for Orange County homeowners. Likewise, many people choose to donate those items that are still in good condition but either didn’t sell or do not carry enough value to advertise. Often, charitable organizations will come to your home and pick up the items you are donating, making the process easier for donors. Depending on the value of your donation, you may want to consider consulting your tax advisor in order to take any deductions for which you may be eligible.

Recycle or Dispose

For those belongings not quite up to par to sell or donate, it is time to decide if they are ready to become trash or recycling material. You may be able to recycle clothing and other textiles as well as electronics. Remember, there are rules governing how much trash can be placed out for pickup as well as how it must be bundled. Depending on how much you are clearing out, you may have hire help to assist you. You may also need to pay to have a larger trash dumpster delivered and picked up after you have filled it.

Ready, Set, Go

The best downsizing plan for Orange County homeowners is to sell directly to Pellego. Just pack what you want to keep and leave the rest to us. We make the process easy, walking you through every step. Pellego uses simple and straightforward contracts and we close quickly, usually in 30 days or less. Working with Pellego also means none of the headaches of getting ready to list your home. You won’t even have to worry about painting, repairs, cleaning constantly for showings, and constant interruptions. Pellego will buy your home just as it is and will even handle clearing out your unwanted items for you! To learn more, send us a message or call Pellego today!

We help real estate investors in Orange County get the information they need. Real estate investing is about building passive income for your future, while building your wealth through the equity in your holdings. Done properly, you can leverage your holdings and continue to grow your portfolio. The right tool makes the job easy and knowledge is the key to success in the real estate investment business. Never has it been easier to access knowledge than today, the internet has provided educational tools that allow anyone to become a successful real estate investor. Additionally, these websites and applications can help you by performing time consuming tasks at the click of a button. Why not take advantage of what your competition knows? Read on to find five of our favorite online resources for real estate investors in Orange County.

Investopedia

Possibly one of the most trusted and well known online resources for real estate investors in Orange County. With clear definitions and every step laid out to simplify the process, this site is dedicated to providing educational information and guidance on all matters regarding the stock market, real estate, finances and investment of every type. Additionally there are subjects available such as insurance, consumer debt and even planning for college, among many subjects.

Mortgage Calculator By Quicken Loans

Calculating your estimated mortgage amount, interest, and payments are made simple by this online resource from Quicken Loans for real estate investors in Orange County. Additionally, this tool can help you determine how much property you can afford to purchase. Wise investors will review the amortization calculator to learn how much making the loan payments as outlined in the mortgage note will cost overall. You can also quickly punch in numbers to learn how much you can save by making additional payments.

Buffer

Buffer is a useful resource for real estate investors in Orange County to manage social media accounts. Online interactions have become an important tool for additional networking as a real estate investor. Networking is how you’ll build your connections to tenants, other investors, and additional service providers associated with the industry. With proper planning, this site helps you save time while making it easier to publish your content, grow your business, and evaluate your campaign performance across Pinterest, Twitter, Instagram, Facebook, and Linkedin.

eRentPayment

This online resource provides rental payment services as well as providing a virtual landlord service and property management tool for real estate investors in Orange County. While we can’t list all of the features here, this site helps to simplify the duties of being a landlord with a tenant screening capability and background screening. The efficiency that is built into the system eliminates upset tenants because of problems being neglected because of simple human error.

The Local Tax Appraisal District Website

This online resource for real estate investors in Orange County will allow you to investigate any liens or encumbrance on the property in order to avoid legal tangles. This site will also provide information on the value of the property on which taxes are assessed. If this valuation seems much higher than it should be, you’ll need to present your case to the tax assessor in order to have the valuation lowered.

These are but a few of the fantastic educational opportunities available through online resources for real estate investors in Orange County. There is no need to feel overwhelmed, today’s applications and websites are extremely user friendly and our professional buyers at Pellego are happy to guide you through the confusing web of the internet. Let Pellego help you save time and money! Working with Pellego means it is easy to bring your investment business to your fingertips. Just call Pellego at (949) 625-4533 or send us a message today!

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We are Hiring Real Estate Agents in Southern California. Get information here: Pellego Agent

Are you looking to sell your home or know someone who is?

I am a full time Agent as well and offer the below services. My commission structure will NOT be beat. I will feature your property on my website: Joe Homs Realtor. I will ALWAYS create; a single property website like this;105 Ovation, Irvine; Everyone likes it when someone brags about their home so I will; Blog about it on my; Real Estate Blog and; Promote it on my; Facebook Business Page. If that is not enough then I will also; Post it on Linkedin to my; Activity Feed and; Tweet about your property on my; Twitter Feed... And oh BTW... I'm going to create a Video; and post it on my; YouTube Channel, then share that with all my other Social Media Channels

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Find me on: BiggerPockets here: Joe on Bigger Pockets

My Schedule: https://calendly.com/... if you would like a "one on one" appointment with me.

https://www.joehoms.co... (my Website)

Investors looking to flip click here: Flipper's Click Here

Sellers looking to sell click here: Selling Click Here

P.S. Do You Need To SELL YOUR HOME Quickly? We buy houses in ANY CONDITION! We pay CASH and you will not pay any commissions, agents, or fees. Save thousands in junk fees and work with a bona-fide buyer directly!

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If your home is listed on the MLS or you have a listing agreement with a Realtor this email is NOT intended on any solicitation of your listing.
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One Of A Kind Hideaway At The End Of a Cul De Sac With Expansive Setbacks Offering Loads Of Privacy. Tile and Wood Flooring throughout The Home. Vaulted Ceilings, a Gas Convection Fireplace (Radiant Heat) In The Living Room. Custom Walnut Cabinets In this Light and Bright Kitchen With Lots of Cabinet Space. There Is a Loft In One Of The Bedrooms, And An Indoor Dry Heat Sauna. Easy Access To Most All Rooms From Wrap Around Yard And Gardens. There are New Windows and Doors, The Exterior and Interior Walls Are Insulated and Solid Core Doors For That Better Feel. Detached Artist Studio/Playroom/Guest Quarters? (city permitted structure) In The Back Yard You Will Find Xeriscape, Turf, And Natural Gas Fire Pit

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I discovered BiggerPockets April 3, 2014, and I was totally amazed at how much real estate information was available. I started with the free version, uploaded my information, but quickly realized the value and upgraded to the pro version. It has been a bumpy ride since I’ve been removed from the forum post several times for minor violations of their policy. I have hopefully learned what not to say or ask and this will not happen in the future.

I noticed that there were many young investors, in my local area, that were looking for answers about how to invest in real estate. This was an opportunity for me, a 40+ year veteran, to answer some of those questions. I will be turning 65 next year and retired when I was 48 from my 9 to 5 job all due to my real estate investing.

What started out with a request to meet and have a cup of coffee with an investor blossomed into me meeting over 300 local BiggerPockets members. The majorities meet me at my local Starbucks and pick my brain for about an hour. The topics range from I have never done anything in real estate, to take a look at this flip that I’m doing and give me your thoughts.

I meet with investors from 18 to 65+, from beginners to experts, all of whom are searching for their real estate niche. This all begins with a cup of coffee which is really a test. I have actually had 98% of these investors buy me a cup of coffee. This tells me a lot about their character, their willingness to learn something, and know that life is not free. However, this is all that I require for one hour or more of my time. My focus is to “give back” to my real estate community that has treated me so well for these past 40+ years.

So who are the people that I meet with? I met with an 18-year-old young man about a year ago who was interested in getting started in real estate. We met for the initial hour at Starbucks and talked about what he wanted to accomplish. Like many investors from BiggerPockets I hear the same things over and over again. They are, “I would like to buy a multi-family unit or I would like to house hack.” In reality, living in California, it is very difficult to buy a multi-family and not much better house hacking. California has always been a state that has its booms and busts. It is always best to make your investment purchases when the real estate market busts. Get your hands on as many “buy and holds” as you can and basically hold onto them for the rest of your life. When the cash flow turns negative, in California, and the numbers don’t pencil out it’s time to start flipping properties. Making quick profits going in and out of properties is the best strategy right now in California.

This 18-year-old young man decided to begin his real estate career by educating himself and getting a real estate license. Now licensed at 19 he’s learning how to flip properties. He’s learning how to evaluate properties, establish how to determine the ARV “after repair value,” doing a cost analysis on the rehab, and then determining how much his profit will be at the end of the day. Flipping is just a numbers game and once you have the formula down it’s just a matter of putting your team together. I like to duplicate this process as much as I can down to the same paint and flooring on each of my flips. He is currently the project manager of one of my flips and is doing a great job. Once the confidence is there it’s “off to the races” for him.

I have another young lady who is a very successful full time Realtor that wanted to stop representing buyers and wanted to learn how to flip and make money for herself. She caught on very quickly and soon had her financing in place. She decided to do a joint venture with a money partner who is supplying the money and she is supplying the expertise. She purchased her first flip and closed escrow last month on a small condo in senior community. The purchase price was around $220,000 (Yes we are in California still), rehab is around $70,000 and the ARV will be around $405,000. The profit potential on this deal is around $100,000. This is a fully permitted project and lots of hoops to jump through by the HOA and city. She told me the other day that “its lots of work, but I love every minute of it.”

I continue to meet with two or three new investors a week asking them all, “What can I help you with?”

But, “I have the heavy duty nails.”

Have you ever had a seller tell you that their home is the best on the block? I hear comments like this all the time. “I have seen the competition and mine is 10 times better than theirs.”

So I'm at a listing presentation the other day with all the materials and all the proof showing the home’s value. In the industry we call this providing our client a comparable market analysis. So you can imagine after having over 40 years of experience how prepared I am for the listing presentation. I always begin the presentation by showing them the CMA that I prepared for them. I show them in black-and-white proof of the value of their home. This is established by showing them three sold properties that are very comparable to theirs, if not exact model matches. I also show them the properties that are currently listed on the market and have them pay special attention to the days on market. Then, comes the big question to the client. How much do you think your home is worth? I have established the value of the home between $810,000-$830,000. There are currently two properties on the market; one is currently in escrow at $815,000. The other is still active at $845,000, and has been on the market for over 60 days. The seller replies back, “Joe I really would like to sell my home for $845,000.” So here I am 30 minutes into the presentation and the seller is basically telling me that her home has “the heavy-duty nails.”

I continue on with the presentation telling the client that I have over 40 years of experience selling real estate, that I have a proven 87 point marketing plan, and that I am willing to discount my commission to help them save money on the sale of their home. All this is lost in the conversation and the seller is still stuck on selling the home at $845,000. They thank me for providing them with his information and tell me they will call me when they have made their decision…

I get a call back a few days later and they are ready to list the home for $819,000. We sell the home a short time later at full price.

Went to see some Red Tailed Hawks being released back into the Wild.

http://joehoms.com/wp-content/uploads/2019/10/img_1384-1.mov

Getting Started with Real Estate

Thanks for taking the time to visit me on my website. If you are looking to Buy or Sell a Home you will discover my team and I have the resources to help you achieve your goals.

Start your home search in the local beach communities we serve as well as the local inner cities overlooking the pacific ocean in Orange County, CA. Search as a “First Time Homebuyer” or a seasoned pro. We provide a robust home search user experience which include local “Walk Scores”, school rankings, popular venues and more. You will enjoy searching for homes in the price range you are wanting while narrowing down the home features and lifestyle you desire.

Start your home search in the local beach communities we serve as well as the local inner cities overlooking the pacific ocean in Orange County, CA. Search as a “First Time Homebuyer” or a seasoned pro. We provide a robust home search user experience which include local “Walk Scores”, school rankings, popular venues and more. You will enjoy searching for homes in the price range you are wanting while narrowing down the home features and lifestyle you desire.