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Pirch Real Estate News Blog

Monday, March 6, 2017   /   by Joey Schlager

Future Glen Allen Homeowners & Down Payment Misinformation


It turns out that the run of admirable national and Glen Allen home sales advances have been pulled off despite a couple of strong countercurrents. At least that’s the theme that emerges from last month’s Aspiring Home Buyers Profile report, which supplied one obvious and one not-so-obvious widespread beliefs among would-be future homeowners.
Glen Allen home buyers are always a mix of current homeowners (who will usually also be selling) and first-timers. Among the latter group, a major drag on their willingness and ability to invest in their own Glen Allen home is the student debt phenomenon. Enough has been written about that in recent years that it’s hardly a surprise: 39% of non-owners cited student loan payments as a primary reason they weren’t planning on being able to buy anytime soon.
Much less expected is the proportion of current non-owners who ...

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Monday, March 6, 2017   /   by Joey Schlager

Future Glen Allen Homeowners & Down Payment Misinformation


It turns out that the run of admirable national and Glen Allen home sales advances have been pulled off despite a couple of strong countercurrents. At least that’s the theme that emerges from last month’s Aspiring Home Buyers Profile report, which supplied one obvious and one not-so-obvious widespread beliefs among would-be future homeowners.
Glen Allen home buyers are always a mix of current homeowners (who will usually also be selling) and first-timers. Among the latter group, a major drag on their willingness and ability to invest in their own Glen Allen home is the student debt phenomenon. Enough has been written about that in recent years that it’s hardly a surprise: 39% of non-owners cited student loan payments as a primary reason they weren’t planning on being able to buy anytime soon.
Much less expected is the proportion of current non-owners w ...

Read More

Thursday, March 2, 2017   /   by Joey Schlager

Active Buyers Seize the Lowest Richmond Mortgage Rates




Without knowing it, many people develop something akin to a split personality when it comes to buying a home. In the beginning, as they pursue their ideal Richmond house, they automatically assume an unabashedly active role. Nobody has to tell them that they’re the boss in the process—since they are the customer, they correctly expect to be in total command of the house hunting process. They develop their unique wish list and ultimately decide which property best satisfies it. 


But then a split can develop. The active, in-charge commander often does an about-face when it comes to the nuts and bolts of the next step: securing the lowest Richmond mortgage rate. Upon entering the realm of what seems to be a mono ...

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Tuesday, May 21, 2013   /   by Mark Bautista

Top 3 Reasons Why Real Estate Is A Good Investment – The Richmond Realty Team

 
In general you probably want to earn wealth on real estate based on risk you are taking, while minimizing the amount of time you need to spend attending to the property. In order to accomplish this, you need to make some smart choices upfront when buying investment property. Your goal should be to strive to get as close as possible on as many of these optimal scenarios as possible:
 

Pays a Fair Cash-on-Cash Return
When you buy property you are taking money out of your liquid financial assets – stocks, bonds, CDs – and investing it into a very illiquid asset – real estate. You were earning a rate of return on your financial assets, such as 4 percent or 6 percent, and you should strive to earn a fair cash-on-cash rate of return on your real estate. To do this, you need to pro forma your deals and buy cash flow-positive properties that earn you decent returns – not those prize properties that are negative, negative, negative. For more guidance on ...

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Friday, June 22, 2012   /   by Joey Schlager

Joey Schlager: Best Selling Author

Today is the big day!  Just for buying my new book today, that is chock full of real estate selling strategies from the leading real estate experts around the country, I’ll give you literally HUNDREDS OF DOLLARS worth of bonuses! 
I signed a publishing deal to contribute to the forthcoming book titled, The New Rise in Real Estate: The Nation's Trusted Real Estate Advisors Reveal Their Top Secrets for Buying and Selling Homes in the New Real Estate Economy. With other select group of America’s leading real estate professionals and members of the National Association of Expert Advisors, I joined together with noted real estate experts and coaches, Jay Kinder and Michael Reese, to co-write the much-anticipated book. Nick Nanton, Esq. along with business partner, JW Dicks, Esq., signed a publishing deal with each of these authors to contribute their expertise to the book, which will be released under their CelebrityPress™imprint.
The Richmond Realty Team have be ...

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Pirch Real Estate
Joey Schlager
301 Concourse Blvd. Suite 140
Glen Allen, VA 23059
804-410-3786
Licensed in Virginia

Listings Last Updated: April 25, 2019 Feed Last Updated: April 25, 2019

All or a portion of the multiple Listing information is provided by the Virginia MLS Cooperative, from a copyrighted compilation of Listings. All Virginia MLS Cooperative information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are © 2019 Virginia MLS Cooperative. All rights reserved.

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