Blimp Town Properties

Want to install hardwood floors?

You’re not the only one!

According to multiple sources, hardwood flooring is by far the most popular choice for homeowners.

But there are a lot of different types of hardwood floors.

Which type should you install in your home?

Well, there are basically two options: solid wood or engineered wood.

Here are the pros and cons of engineered wood…

Advantages Of Engineered Wood — The wood is less sensitive to temperature and humidity and so it requires less maintenance. It is also sometimes cheaper than solid wood flooring.

Disadvantages Of Engineered Wood — Engineered wood isn’t waterproof. So you’ve still got to be careful. It’s also not always the cheaper option. Plus, unlike solid wood, it can’t be refinished indefinitely.

And here are the pros and cons of solid wood…

Advantages Of Solid Wood — Solid wood can be refinished over and over again, it feels great to walk on, and it offers a lot of customization options.

Disadvantages Of Solid Wood — It hates water and humidity. It’s definitely not a good idea to install solid wood flooring in kitchens, bathrooms, basements, or anywhere else that gets a lot of exposure to moisture. Solid wood also sometimes costs more than engineered wood and it needs a lot more care.

Whether choosing solid or engineered, the most popular wood options are oak, ash, walnut, maple, hickory, mahogany, teak flooring, pine, cork, and bamboo.

That should help get things started on the right foot!

And if you or someone you know wants to sell your home fast for cash, give us a call at (330) 574-4640 — we can make you a fair cash offer, buy as-is, and close in as little as 2 weeks!

Thinking of renting one of your properties out to a friend or family member?

The benefits are obvious…

Helping out a friend or family member, already having a relationship with the person, and having a pretty good idea whether trust is a concern or not.

Still, that can spell trouble.

And the last thing anyone wants to do is ruin a relationship.

So here are some tips for renting to friends or family…

Charge Fair-Market Rent — To get the tax benefits of a rental property, it’s not recommended to let friends or family stay there for too heavy a discount. It’s required to prove that the rent being charged is “fair-market rent”. A good rule of thumb is to charge the same as if the tenants weren’t friends or family.

Set Clear Expectations — Reviewing and signing a thorough contract is important with any tenant… it’s even more important when renting to a friend or relative. This will help set clear expectations and if something goes wrong, there is a clear agreement in place.

Communicate — Make sure to communicate just like it would be necessary to with any new tenant. Don’t assume that people know all of the rules or guidelines because they’re family or friends. Be clear and thorough. Over communicate if necessary.

Know What You’re Getting Into — Renting to family or friends very regularly goes wrong. So know what you’re getting into and protect your investment and the relationship as much as possible by preparing for, and heading off, the worst.

Hope that helps!

At Blimp Town Properties, we buy homes as-is for a fair cash price. We can even close in as little as two weeks and we’ll pay all closing costs. Give us a call at (330) 574-4640 to get your fair cash offer!

Want to sell a house that needs repairs…

… WITHOUT doing a ton of work to it?

We get it.

At Blimp Town Properties, we’ve helped a lot of homeowners sell properties that they didn’t want to repair themselves.

How?

Well, we’re real estate investors. And we buy distressed properties as-is for cash. We can even close in as little as two weeks and pay all closing costs.

Give us a call at (330) 574-4640 to learn more.

OR…

If you have a distressed property and you want to sell the traditional route (on the MLS with a real estate agent) without making fixes, here are the people to consider targeting…

Flippers — These real estate investors make money by buying distressed properties, fixing them up, and flipping them for a profit. It might be hard to believe, but they’re actually lookingfor properties like yours.

Deal Hunters — These are people who want to move into a specific location but they can’t afford the average list price in that neighborhood. Deal Hunters are willing to buy a property that’s in disrepair for a lower listing price.

Remodelers — These are people who can afford to buy a property in your neighborhood, but who haven’t been able to find a place that has everything they want. These buyers are willing to do a lot of remodeling, repairing and fixing up if the location is right.

The better the location, the easier it’ll be to sell a distressed property!

And don’t forget to make your home look as pretty as possible, even for those people. Clean it out and do some yard work before you show it to potential buyers.

Hope that helps!