Posts by Brian Kelly
CAP Rate for Commercial Real Estate Investor
CAP Rate provides a measure of ability for an income property to return an initial investment. CAP Rate is calculated by dividing the NOI (Net Operating Income) by the Value (Or Sales Price). The lower percentage CAP rates like 6% to 8% are usually assigned to lower risk investments with long term lease agreements and…
Read MoreChattanooga New Home Sales at Brock Pointe Neighborhood
New homes are selling in Chattanooga in neighborhoods such as Brock Pointe. Brock Pointe subdivision started in the early 1990s. Lots are still being sold and built on in 2013. Thirteen homes have sold since January 1, 2012. The lowest price was $235,000 and the highest price was $341,900. The dividing line for East Hamilton…
Read MoreCummings Cove and Black Creek Mountain 2012 Home Sales Report
Cummings Cove and Black Creek Mountain continue to provide home owners with good value. The primary amenities of proximity to downtown Chattanooga, peaceful surroundings, golf, tennis, and passive amenities like walking trails give this community a unique draw. 12 Single family homes in the original Cummings Cove sold in 2012. The lowest price was $315,000…
Read MoreValley Brook town home offers great value!
1291 Village Green Drive offers great value for someone needing low monthly costs with enough space to handle visiting family members. This 3 bedroom, 2 bathroom home offers over 2,000 square feet of space. The master bedroom is on the main level. There are gas logs in the fireplace that has a real flue, if…
Read MoreChattanooga band As Isaac meets Cuban film Producer Axel Arzola by Faith
Chattanooga band As Isaac received a huge gift from Cuban born film producer Axel Arzola. Axel heard the music written by As Isaac and immediately related to the test of his faith as he pursued asylum in the United States. He wanted to give his gift of film making in the form of a music…
Read MoreHome Life to Success to Newtown CT
Home life affects everything. Young men are responsible for mass murders. John Medina (link to wikipedia) spoke last evening in Chattanooga at Baylor School about future success of a child. The bottom line key factor he says is “Home life”. So is there a correlation in the “non-successful” mass murderers in our midst? According to…
Read MoreChattanooga Home Sales Up 16% Over 2011
The Chattanooga residential market is up in 2012 over 2011. The number of home sales reflects a 16% increase so far this year to date compared to same period last year. What is interesting is that lower priced homes did not increase in sales as much as the higher priced homes. The number of homes…
Read MoreRealtor Old School Goes New School SocialMedia in Chattanooga
Old school real estate agent, Marilyn Jennings, from Calgary taught classes in Chattanooga in the 80s and 90s while on her way to her winter home in Florida. Her marketing campaign existed of door knocking in the winter just before her trip South. Door knocking in the snow showed her sellers that she was willing…
Read MoreTwitter for Real Estate Agents – Keep it Real
Twitter? Really? I am a busy (49 year old) real estate agent who happens to not need “yet another thing” to complicate my life. Twitter seems to be a plaything for kids. Yes, and kids are buying and selling real estate. Soo, old timer suck it up and represent yourself on Twitter because it is…
Read MoreHow to use Twitter to find buyers and sellers of real estate
You can use Twitter to find future buyers and sellers of real estate. I did and I show you in less than 60 seconds what to type in Twitter’s search engine to find yours. The power of Twitter is not in “traditional” push marketing messages or information. The power lies in relationship! Real estate agents…
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