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Paul Phillips of Abode Realty

Paul Phillips of Abode Realty

(615) 415-4983

1953 Pinehurst Drive Nashville, TN 37216

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East Nashville Realtor Prides Himself on Honesty

Paul is an East Nashvillian who values the trust & confidence in the relationship he has with his clients. He is dedicated to superior service & is sensitive to all of his clients needs

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Paul Phillips of Home Now Realty

615 415 4983

1953 Pinehurst Drive Nashville, TN 37216

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With a passion for travel and an insatiable thirst for experience, it is no surprise that Angie Phillips has visited 42 of the 50 United States as well as seven countries. Setting up residence in Germany three times, Washington State twice and many other places, she has continued the pattern that was set for her early on as her father was in the military and moved around a lot. Settling down in Nashville, Tennessee has been a great choice for Angie, as she enjoys entertaining and being part of a city that has cultural events, dining and nightlife options. Learning and educating others keeps Angie happy and satisfied, and this passion led her to her career in Real Estate. As most of us know, the home buying process can be confusing, especially for those first time home buyers. Through education, Angie guides her clients seamlessly through the process with smiles and honesty til the keys are in hand. When she is not building her successful real estate career, you can find Angie watching her husband and business partner, Paul, sing Karaoke, entertaining and cooking for friends and family, keeping in touch with her two children and daughter-in-law and volunteering for the local Boys and Girls Club.

With a passion for travel and an insatiable thirst for experience, it is no surprise that Angie Phillips has visited 42 of the 50 United States as well as seven countries. Setting up residence in Germany three times, Washington State twice and many other places, she has continued the pattern that was set for her early on as her father was in the military and moved around a lot. Settling down in Nashville, Tennessee has been a great choice for Angie, as she enjoys entertaining and being part of a city that has cultural events, dining and nightlife options. Learning and educating others keeps Angie happy and satisfied, and this passion led her to her career in Real Estate. As most of us know, the home buying process can be confusing, especially for those first time home buyers. Through education, Angie guides her clients seamlessly through the process with smiles and honesty til the keys are in hand. When she is not building her successful real estate career, you can find Angie watching her husband and business partner, Paul, sing Karaoke, entertaining and cooking for friends and family, keeping in touch with her two children and daughter-in-law and volunteering for the local Boys and Girls Club.

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Hailing from New Jersey, Paul Phillips has gained life experiences in many different places around the United States, including New York, Minnesota, Ohio, Michigan and others. Strong ties with his family, who have lived in Nashville for over twenty years, landed him in East Nashville, where he has built a successful career in Real Estate. Transforming from dishwasher to proprietor of an Outback Steakhouse taught him of possibility, while working in the trucking industry taught him that office skills are good to have, but being inside and working with computers all day was not his thing. Licensed in real estate in TN since 2010, Paul has hit big numbers and has been named Crye-Leike Mid Town Sales Leader, reaching over 9 homes sold in one month. If there was one thing Paul prides himself in it is his love of hustling and working hard. He enjoys being a tool and resource for his clients, helping them to get through the home buying or selling process with ease and efficiency. Honesty reigns for Paul in his relationships with his clients, and now with Home Now Realty, LLC, Paul works closely with his wife Angie to provide an outstanding experience for every client he works with which maintains his A rating with the BBB. In his spare time, you can find Paul raising his bowling average in his league, attending Titans games with his father, cooking delicious and healthy food with his wife or walking the green way in Shelby Bottoms Park of East Nashville. Cell: 615-415-4983

Hailing from New Jersey, Paul Phillips has gained life experiences in many different places around the United States, including New York, Minnesota, Ohio, Michigan and others. Strong ties with his family, who have lived in Nashville for over twenty years, landed him in East Nashville, where he has built a successful career in Real Estate. Transforming from dishwasher to proprietor of an Outback Steakhouse taught him of possibility, while working in the trucking industry taught him that office skills are good to have, but being inside and working with computers all day was not his thing. Licensed in real estate in TN since 2010, Paul has hit big numbers and has been named Crye-Leike Mid Town Sales Leader, reaching over 9 homes sold in one month. If there was one thing Paul prides himself in it is his love of hustling and working hard. He enjoys being a tool and resource for his clients, helping them to get through the home buying or selling process with ease and efficiency. Honesty reigns for Paul in his relationships with his clients, and now with Home Now Realty, LLC, Paul works closely with his wife Angie to provide an outstanding experience for every client he works with which maintains his A rating with the BBB. In his spare time, you can find Paul raising his bowling average in his league, attending Titans games with his father, cooking delicious and healthy food with his wife or walking the green way in Shelby Bottoms Park of East Nashville. Cell: 615-415-4983

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Paul is an East Nashvillian who values the trust & confidence in the relationship he has with his clients. He is dedicated to superior service & is sensitive to all of his clients needs. His ultimate goal…find you your dream home, not sell you a house.

Paul is an East Nashvillian who values the trust & confidence in the relationship he has with his clients. He is dedicated to superior service & is sensitive to all of his clients needs. His ultimate goal…find you your dream home, not sell you a house.

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Diversity and Growth in Nashville, TN

At last count, studies and polls show that between 85-90 people are moving to the greater Nashville area every single day. That is well over 30,000 people per year! In fact, it is estimated that in the next 25 years, there will be over a million people living in Nashville. That is a far cry from the medium-sized southern town Nashville once was, in spite of its centrality to the music industry. While the music industry is still booming, many people are moving here for reasons that have nothing to do with “making it big.”

The two biggest groups of people currently moving to Nashville (and projected to keep moving to Nashville in the next 25 years) are millennials and retirees. This fact demonstrates a huge diversity in age and interest among the city’s influx of newcomers. Millennials are coming for the culture—the art, the food, the schools, and yes, even the music. They are also coming for the price tag. In spite of rising rents in many areas, the cost of living is still relatively cheaper in Nashville compared to other up and coming cities in the country. Retirees are coming for more strictly financial reasons. The lack of state income tax in Tennessee is a huge incentive for retirees when it comes to saving as much as possible in their post-employment years.

It may seem counterintuitive, but millennials and retirees actually have a lot in common when it comes to what they want out of the Nashville of the future. Primarily, proximity is a huge value. They want everything to be close. They do not want to have to drive, or at least drive very far, to go to the grocery store or their favorite restaurant or bar. Millennials and retirees also share a common interest in renting over buying properties, as a whole. But they also have a lot of differences. This is why the city of Nashville has produced a 25-year plan entitledNashville Next. Nashville Next is an extremely detailed manual with thousands of pages on the trajectory of Nashville and what its inhabitants, present and future, want it to be. It covers everything from culture to transportation to housing, and is a great first step in leading Nashville forward to becoming the type of city we want it to be.

If you are new to Nashville or looking to relocate, you have come at a truly amazing time! The great news is, you do not need a manual as thick as a phone book to find your ideal place in the city. Home Now Realty has all the information you need, free of charge. I love to be a resource to my community. I will help you find the information you require to make the best decisions about where to live, work, and play in Nashville. If you have questions about Nashville, now or in the future, give me a call today! I can be reached at (615) 415-4983, and more information about all of my services can be found at nashvilletnhomenow.com .


The Deal with Multiple Offers

A situation I have been seeing more and more of lately is the growing frustration buyers are feeling in their attempts to purchase a house due to multiple offers on houses submitted in extraordinarily short periods of time. A house comes on the market, and by the time they go to look at it the next day, ten offers have been put in and one has already been excepted. By the fourth or fifth time this happens, it can get discouraging. Many people want to know what they can do to improve their chances of being able to see their dream house and put in an offer before it gets snapped up.

Our advice at Home Now Realty consists of three basic action steps:

- Get a pre-qualification letter. A pre-qualification letter can take two to three days to go through. Applying for it when you see your dream home is too late. Get it early and have it ready. Most are good for ninety days so it only benefits you to have it on hand.

- Find a great search engine. Although the bigger corporate ones can yield many results, you will end up being inundated by impersonal emails and realtors and having a ton of junk to sort through to find the information you really need. The search engine on Home Now Realty’s website nashvilletnhomenow.com is easy to engage with and won’t send you junk email. It will only send you what you want. You can set alerts to be notified whenever a house within your parameters is posted.

- Find a great realtor—that would be us! Without a good relationship with a realtor who cares about you and your search for a home, it can take days to even get to look at a house. By that time, especially in the middle Tennessee housing market, it can be too late. Home Now Realty is available day and night. I will do everything I possibly can to make sure you see the houses you want to see before they are sold.

It can be overwhelming to search for a house in this market, especially with the amount of information available on the internet—and especially since it is not always up to date. Standard listings on search engines available to the public almost never show when a house is technically still available, but has begun the process of being sold already. However, realtors have access to that information. I am able to help you ascertain which houses are available and which houses to keep an eye on to see if they become available. That is why it is so important to have a good relationship with your realtor and to choose one that is invested in helping you get the house you want in the neighborhood you want.

It might not be possible to get ahead of the game in this market, but following these steps will ensure that you get in the game and that you have a fighting chance at buying your dream home. For more information about how Home Now Realty can help you in your search for a new home, call us today at (615) 415-4983 or visit nashvilletnhomenow.com .


How to Prepare for the Hottest Housing Market in Years

The housing market in Nashville has developed into a seller’s dream—but if you’re trying to actually buy a house, it can be frustrating watching prime properties disappear before you can get a single offer in and wondering when it will be your turn.

The reality is that those who are the most prepared are the ones who win their bids and end up in the houses they desire. So how do you make sure you’re prepared?

Our good friend Nick Beehan, branch manager at First Liberty Financial Mortgage, shares a few tips for how get your finances prepared and make sure that when the time comes, you can strike while the iron is hot and get your dream home.

First and foremost, you need to make sure that your credit and financial houses are both in order. “It seems like an obvious piece of advice,” Beehan says, “but it’s one that’s really overlooked.” Many people think they’re in better shape than they actually are, or they think as long as they start trying to improve their credit a few weeks before they intend to buy then that is sufficient. In reality, if buying a home is on your radar in the next three to six months, then you need to have a mortgage specialist take a look at and analyze both you and your spouses’s credit history—the expertise is invaluable. Doing a credit analysis many months out gives you plenty of time to work to correct any areas that could hurt your loan potential, and if you’re in good shape, it affords time to get you into an even better loan bracket.

Secondly, it’s important to have your taxes and tax paperwork organized and ready to submit—W2s, 10-40s, and any other applicable forms. Historically many home-buyers were salaried employees with a single stream of income, so tax paperwork was simple. But in today’s society, that is not necessarily the case. Many people work from home, or work at an hourly rate and have a secondary income from an online business or other job. Documentation of all these things is essential in order to qualify for a home loan you can afford.

Thirdly, keep in close contact with your realtor or real estate agent and your mortgage specialist regarding your financial dealings during the time you are preparing to purchase a home. Beehand says, “Most folks aren’t as savvy as they think they are and they end up making major purchases that negatively effect the loan bracket they can get into.” Any large purchase worth making can and should be deferred until after your new home has closed.

With multiple offers on most houses and everybody trying to get into the hottest neighborhoods in Nashville, you have to be organized AND qualified if you want to win. At Home Now Realty, we can help you get your dream home at the best price and connect you with qualified professionals who can get you the best possible loan for you and your family. Give us a call today!

Introducing East Nashville’s Newest Family-Owned Realty Business: Home Now Realty!

My wife Angie & I have both been in the real estate business for several years here in Middle Tennessee. No matter who we hung our licenses with, one factor has remained constant through the years. This is an unparalleled commitment to excellent customer service & client support during the entire home buying process.

Well now, we are indescribably proud to announce that we have decided to form our very own realty business: Home Now Realty! (Cue fireworks.)

The transition to self-employment means incredible things, both for us and for our clients. For us, it means the ability to work as a couple out of our own home and have the satisfaction of knowing that every cent and second we invest into Home Now Realty is an investment into the future of our family. It means flexible hours, innumerable learning experiences and broader horizons. Becoming my own principle broker cuts out the middle man and minimizes miscommunication and headaches. The list goes on.

But for our clients, this means that you are getting a real estate agent that is heavily invested in the success of his/her company, and therefore in your success as a home buyer. This is no nine-to-five, clock-in-and-clock-out job for us. It is our livelihood. We want it to thrive, and we want YOU to thrive. This means you can call us any time if you have a question. It means you are working with the owners, so you know you’re getting the very best deal they can offer. It means supporting an ultra local business and helping the East Nashville economy to continue to flourish for years to come. It means essentially getting two agents for the price you would pay for one—we’re a team, and we work as a team.

More than anything, even more than the excitement of opening our first business, we’re thrilled to take care of people like we would want to be taken care of. We love East Nashville and we’re proud to call it our permanent family and business home—it is truly the greatest place to live and work, and we can’t wait to help more people make their home here! Every waking moment we are thinking about better and better ways to do just that.

So if you have been thinking of looking for a place in East Nashville and want to experience the joys of home ownership in a booming and thriving area, call us at Home Now Realty and know that we will work tirelessly to find you the best home we can at the best price, because your happiness—and ours—depends on it.

We’re happy to do business with you, Nashville! Here’s to many more years.

New Nashville Real Estate Transition Areas

How neighborhoods of Nashville are Transforming

Nashville has been nationally recognized as the new “It” city with nods from Southern Living Magazine and the New York Times and comparisons to Austin and even Atlanta. New people are flooding in; 90 people a day are moving to our great city. The media has helped Nashville boom by highlighting benefits of living here, like the weather and the fact that Tennessee doesn’t have an income tax which is attractive to retirees who do not want their social security money taxed for obvious reasons. Our city is changing all the time and many areas are currently in transition. These transition areas won’t remain transition areas for long; communities are changing rapidly.

Areas that were once unsafe are now the place to be. Take East Nashville for example. Five years ago it was affordable because there was a lot of crime and less-than-luxury properties. Five years ago a house that was uninhabitable would have sold for $30-40,000 and in today’s market sold for $206,000. Since so many people are moving here, it is definitely a seller’s market. A house across the street from Belmont sold for $267,000 and was torn down completely, so property values have significantly increased, it’s not all about the house. Location always has, and always will be the most important factor in buying and selling homes.

As far as buying homes in Nashville, it is a great time for investment real estate as the rental rates have skyrocketed. A house in East Nashville (in the right area) with a $1000 mortgage could be rented out for approximately $2000, profiting the owners considerably. Pockets of affordable rentable properties still exist, however, you just need to know where to look. Some of these pockets will always remain affordable, and it wouldn’t be wise to try to renovate and expect to sell for a large profit. The right real estate agents can point you in the direction that’s best for your situation whether it’s renting something affordable and close to your East Nashville restaurant job, or a luxury condo in the Gulch, to buying your dream home in Sylvan Park. Whether you need advice for buying, selling or renting, contact Paul and Angie Phillips of Home Now Realty.

How to Prepare for Retirement in Nashville

Aging with Grace and Fun!

Aging can be scary, but overall you get wiser and more experienced with age. Depending on passion in life and goals, we all experience so many amazing things, from travel to relationships and hardships and lessons to great success. It is all what we call life, and even though it may not always be easy, easing into the latter years of life is a graceful dance that we do with ourselves. Here are the Top ways to age with grace and fun in Nashville:

1) Be Prepared!

Being prepared for retirement is something we have all heard, but it does become all so real one day. The more prepared you can be, the better off those retirement years will be. Retirement is a time to enjoy the seeds you have sown, and you can do just that with a little preparation!

2) Think about your BRAIN

Learning keeps our brains active and youthful. By taking advantage of programs like Lipscomb Universities Lifelong Learning classes or staying active by using the computer and ready books, you are nourishing your brain for long term benefits. Stepping away from everyday brain activity at your job can leave your brain hungry for these things, so feast on what is available!

3) Have a Plan

This can be a cross over with “be prepared,” but it also addresses the FUN of planning. Sometimes in life, if it is not on the “schedule” you will not do it. Plan fun vacations and travel to make sure you do it, and add in plans for coffee with a friend to stay social. That leads us to the next way to age with grace and fun in Nashville

4) Stay Social

Humans are social beings. We crave interaction and interaction with other humans keeps us happier! Happiness is one key to life, and staying social can help keep that happy outlook! When you reach retirement age, you will most likely experience a shift in normal social interaction as you are not at the office on a daily basis as you have been for years. This is a great opportunity to incorporate even more social activities!

All of the above ways to age with grace and fun in Nashville can be accomplished! One way is to plan for the transition into a retirement lifestyle by researching the great semi retirement communities in Greater Nashville, Lake Providence by Del Webb is only one! Within these communities, you will find activities and many others in for social interaction without having to go beyond the gates of the community. There are great opportunities to take part in this life and lifestyle! Call Paul Phillips today to learn more about aging with grace and fun through a great real state decision, preparing for that transition.

Can and Should I buy a house in Nashville?

Most people rent a house at some point in their life. Whether it is due to temporarily living in a location or financial inexperience or lack of credit or bad credit, we have all rented a house. Renting is great for the situations where you are in an area for a short period of time or you are getting to know an area so that you know where to buy, but overall there are also some negative points to consider when continuing your renting. Buying a house can seem unobtainable and like a daunting process, but the right information and guidance from a Realtor, you can sail smoothly through the process and be a home owner before you know it!

Pros of Renting a House in Nashville

- No maintenance

When you rent a house, typically the landlord will be responsible for all outdoor maintenance, lawn maintenance and other maintenance on the house.

- No Property Taxes

Property taxes can be expensive, and when renting, they are not your responsibility!

- Flexibility

As mentioned above, you may need to move at some point or you may want to try on a another part of town. When you are renting, you can have the flexibility to move around without going through a selling process.

- Less Risk

When you own a house you are responsible for anything that goes wrong, breaks, etc. With renting, it is not yours, so you do not have the risk of potential costs. This can allow you to avoid large unexpected costs and provide a more stable budget.

Cons of Renting a House In Nashville

- Losing money

If you do not own the house you are living in, you may be throwing away a lot of money. In the end, there is no return on the money that you are paying for rent, and you are not getting anything in return, outside of a place to live for that month.

- It is more expensive

Buying a house can actually be cheaper on monthly basis. For example, a 4 bedroom 3 bath house in East Nashville is owned, including insurance and tax, for under $1000/month. This house would rent for around or over $2000/month.

- Rent Fluctuates

Rent charges can change and you are at the will of the market and the landlord. You can lock in a price for a one year lease, but after that, typically this can be reworked and the rent could go up.

- Privacy

When you rent, your landlord can stop in anytime and check on things. Sometimes you just do not want to talk to anyone, and you feel like being alone and not dealing with certain things. Well, if you rent, that does not necessarily mean that you will get that time or privacy. You have to answer to your landlord.

Pros of Buying A House In Nashville

These apply to any home buyer, especially first time home buyers in Nashville. First time home buyers have access to different loans that can make them a better candidate than you think for purchasing a home.

- It is yours!

Owning a house is empowering! You do not have to answer to a landlord and you can decorate and build a garden knowing that you will gain from your investment into the home and the property.

- Homeowners Can Get Lower Car Insurance

When you insure your home, you can get better rates on your other insurance if you use the same company. These benefits come with the volume that you have increased by purchasing home insurance.

- Save Money!

Owning a home can save you money. As mentioned above, your mortgage payment will, a lot of times, end up being lower than the rent for the equivalent property.

Cons of Buying Home in Nashville

- You are Responsible

If it breaks, YOU have to fix it! The water heater breaks, and you are responsible for replacing it. This can be an issue if you do not have the extra saved income to cover these surprise costs.

- Lawn Maintenance

The house is yours, and you also own the lawn. This means mowing and landscaping are your responsibility and you must incur the full cost for these.

- Neighbors

You move into your new home and you love your neighbors. Your neighbors right next door decide to move, and you get new neighbors, except they are not as good as your last neighbors. They have a loud dog and are kind of messy with their lawn. Guess what?! You own your home and now you have these neighbors you are stuck with indefinitely.

- School Zones Can Change

Many people choose houses based on school zones that fit their needs. The truth about school zones is that they are constantly changing and adjusting to the population and growth of a city. That being said, you are not guaranteed to remain in a given school zone, which can be frustrating if you own a home and are stuck in that area.

One thing that we have not mentioned is if you are choosing to go the home buying route, there are many options out there and a buyer's agent is the number one step that you should take in the process. They will guide you and let you know the process and your options. Paul and Angie Phillips with Home Now Realty will make sure you know when homes in your budget and needs are available. They will also make sure you are getting the best deal possible by providing you guidance through the home buying process in Nashville. Did you know that a buyer's agent does not cost you any money?! Learn more about this by calling us today.

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How to Increase The Value of Your Home in Nashville

If asked if you would like to increase the value of your home, we can only assume that the answer would be “YES!” Perhaps you would even add a bit more excitement to your answer by inserting an expletive prior the “YES!” but that would not be appropriate for this article. We all want to find ways to increase the value of our homes whether we want to sell it now, sell it later, or hold onto it for an undisclosed amount of time. In order to bring you up to speed on the best ways to add this value to your home, we have created a list that will be a great guide for you to follow!

The Top 5 Ways to Add Value to Your Nashville Home:

1) Kitchen Improvements:

Kitchens are the center of the household. They are where the turkey is carved on Thanksgiving and where the kids learn to feed themselves their first bites of food on their big boy or girl spoon. Friends and family laugh over wine and a delicious meal in the kitchen of the home. We could call it the home's heart! Having said that, it is important to have a nice space that is functional and stylish for all of these happenings. Here are two different types of improvements that can add value to your home:

- Touch Up Kitchen Improvements: This type of improvement will include lower level, and less expensive, additions and touch ups. You could consider re-sealing countertops, adding stainless steel appliances and perhaps re-front your cabinets.

- Full Kitchen Remodel: This type of improvement can prove to be very valuable to your re sell value. It would include full remodel with new everything, even a new layout at times.

2) Bathroom Improvements:

Everyone knows that we all have to use the bathrooms of the house to get ready everyday. Being required to use this space so often, it is important to have this space accommodate the number of people that will need to use it as well as the comfort level a bathroom should supply to its users. Again, with a bathroom, there are two different levels of improvements that can be accomplished to add that desired value to your home:

- Touch Up Bathroom Improvements: Bathrooms can have minor changes that add great value. Removing the linoleum floors and replacing with tile and upgrading to a double vanity are some of those. You can also do even more minor changes like paint and fixtures that will offer a more updated feel.

- Full Bathroom Remodel: Full bathroom remodel will add on even more value to the home. Replacing cabinets and bringing in a new jacuzzi tub and separate shower are big changes that can add big re-sell value. If you have the up front budget for these changes, it is totally worth it in the long run! Plus, who doesn’t want their own space to brush their teeth and relax in a tub?! We do!

3) Landscaping Updates:

Landscaping can also be called “curb appeal,” which we all are affected by whether we recognize it or not. When you pull up to a house, your mind automatically categorizes the house based on what you see. If what you see includes overgrown hedges, no flowers, tall grass and no structure and style to the yard, you will probably think, “Well these people do not care about the outside, so I can only imagine what the inside looks like!” This may be what your neighbors think as well. A little structure and cleaning up around the yard will go a long way. Add some bushes, increase the color with some flowers and take pride in cutting your lawn regularly. You will be happier, your neighbors will be happier and you will be more likely to sell your home for a higher price if you are in the market.

4) Exterior Improvements:

Exterior improvements include things like painting the house, updating or painting the shutters, updating or painting the front door, replacing the window boxes and adding some flare. These improvements are low cost and go a long way!

5) Outdoor Living Spaces:

Adding an outdoor living space or updating an existing one can be a great and valuable addition to the home. People like to have another option other than being inside the house. By adding or cleaning up your existing deck or patio, you create possibility, and if you are selling your home, it helps your buyers to visualize themselves outside on the patio with a fire in the chiminea...sounds nice, right?! Once you build these, you may realize it was the one thing missing that will now make you want to stay and not move!

Should I Flip A House In Nashville?

Flipping homes is all the rage right now, and for the past while according to HGTV and other home project Television shows. Although these shows and those you see in the neighborhood taking part in this movement may make it seem simple, quick and profitable, we are here to give you the facts and shed a little light on the reality below the surface of flipping homes in Nashville.

Flipping Houses Pros and Cons:

Pros:

- It can be quick income

- Profitability

- Creativity plays a role

- Business opportunity

Cons:

- Everyone and their brother is interested in trying this

- Risk

- Upfront cost

- Availability of properties that are good for flipping

The above is a brief list of pros and cons that can give you a surface layer view into what we are talking about here. Now, let's talk about some of the conditions that can really make or break the ability and success of flipping a house:

Conditions:

Loans and financing:

Unless you have the cash up front to spot the project, you will have to get a loan. Questions are: do you qualify? Do you have the experience to get the loans you need? In this business, youa re not simply looking for the standard federal loan to buy a house that you are going to move into immediately and live there for however long. This loan is a for a property that may not be inhabitable, will require work and is a risk financially. In addition, you are going to sell the home once completed. This type of loan is different and can require much more research and due diligence to complete. In order to receive a loan for flipping a house you will have to meet higher eligibility requirements and different supplementary loans including construction loans, based on itemized breakdowns from the contractor or builder.

Your Team:

Your team is everything, whether we are talking about family, business, sports or flipping houses. You must have a strong team, and ultimately, the more you can do yourself, the better your margins and the more profit you will see. Flipping houses is hard work, but with the right contractor, builder, crew, inspectors, and designers, you are golden! We recommend working with Tom Cherry Inspection , Scott Patterson of Trace Inspections or Johnny Harper of J&J Home Inspections . These are great people who offer amazing and reliable inspections so you know what you are getting and what you are getting in to. “You get what you inspect, not what you expect!” -Paul Phillips, Home Now Realty.

Budget:

Your budget is your bottom line yes or no. Can you afford to flip a house? Look at your budget. We recommend and have seen that a budget lower than $200K is typically not going to support the requirements for flipping a house.

The Market:

Houses are either available or they are not. In a market like Nashville, the market is hopping. More people are moving here, especially to specific areas of town like East Nashville, Green Hills, The Gulch, Downtown, West Nashville, etc. With more bodies and families, there are less properties available. You have to look beyond the surface to find a good house for flipping. And, most of the time if there is a steal, you are not the only one who knows about it. Know your market or start working with us to help you find the property that will work with your budget and requirements. We are up to date on market knowledge which will save you time and money in your search for the perfect house to flip.

Risks:

Risks can be any unknown that affects your bottom line. This can include neighborhood, neighbors, flood risks, foundation issues, unexpected weather conditions, team miscommunications, etc. These risks can make or break the profit margins of flipping a house. These do not have to inhibit or scare you away from your project, but you have to be prepared. Know your team, use good inspectors (see above), drive through the neighborhood at different times of day to scope out the energy of the road or area and make sure you are aware of any out of the ordinary behavior from potential neighbors. These steps will help prevent risks from becoming reality.

With Flipping houses, if you pay attention, get a great team, know your budget, evaluate your risks and work with a great realtor like Home Now Realty, you can be wildly successful and make quick money in the Nashville Market. Call us today to get the search started.

Judy’s Hair Perfection

Oct 30, 2014

Who among us wasn’t charmed by Trudy’s Beauty Shop in Steele Magnolias? The neighborhood feel, the good natured gossip, & a general slowing down from the hectic world outside it’s doors. This exists right here in East Nashville at Judy’s Hair Perfection.

Judy has been a stylist in Nashville for 48 years, 30 of them in her current locale at 1107 McGavock Pike.

Atmosphere is great, strolling back in time is fun, but when it comes to your hair, it has to be trendy, cool, beautiful, classic, fun….and Judy delivers!

If you go, prepare to stay a while because the “turn & burn” mentality doesn’t exist here. Every visit begins with the most relaxing & thorough shampoo with scalp massage included. Then to the cut! I have gone in to see Judy with photos or just my clumsy description & left with exactly what I wanted. Every time!

Judy keeps abreast of all the current trends, styles, & techniques through continuing education, so no matter what you envision, she can make into reality.

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Common Questions from First-time Homebuyers

Why should I buy, instead of rent? Answer: A home is an investment. When you rent, you write your monthly check and that money is gone forever. But when you own your home, you can deduct the cost of your mortgage loan interest from your federal income taxes, and usually from your state taxes. This… (Click Here)

Reviews

Not knowing any realtors in the Clarksville area when I moved here from Kentucky, I chose Paul to help me with my search. I am very glad that I did. He was responsive to every email, phone call, and text. I ran him around Clarksville multiple times looking at different houses (and returning to many houses multiple times). Not once did he tell me he was unavailable and was eager to drive from Nashville at a moments notice. During negotiations he was extremely helpful in getting us the deal we wanted. He followed up many times after the sale to make sure we were still happy. He is someone that I would definitely use again. Michael

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