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Chris at Hauseit® (https://www.hauseit.com) goes over reasonable requests after home inspection that a home buyer might request from the seller. Save money when buying, selling and renting real estate in New York and Florida with Hauseit. Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. . Reasonable requests after inspection might include asking for obvious things that are broken to be fixed, but being reasonable enough to negotiate and accept a monetary credit in lieu of actual fixes before closing. Accepting a monetary credit is the most reasonable option as sellers aren't general contractors typically, and you don't want to delay closing. Remember that a seller doesn't need to agree to anything. It's possible that both parties will negotiate, and the seller could easily tell you to take a hike. We explore this mystery and explain further in the following video. . Hauseit Group LLC, Licensed Real Estate Broker Tel: +1 (888) 494-8258 Email: team@hauseit.com _ #hauseit #hauseitnyc #hauseitmiami #hauseitsouthflorida #hauseitlongisland #hauseithudsonvalley #hauseitwestchester #hauseitrealestate #realestate #realestateinvesting #home #propertyinvesting #realestatetips #realestatemarket #realestateinvestor

Chris at Hauseit® (https://www.hauseit.com) explains how to investigate a condo association if you're buying, or if you just happened to be a concerned condo unit owner. Save money when buying, selling and renting real estate in New York and Florida with Hauseit. Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. . Ideally, you do a thorough investigation of the condo association before you purchase a condo unit. This would involve either you and/or your attorney thoroughly reviewing as many of the building's documents as you can get your hands on. Condo building documents to analyze include: audited building financial statements for the past 2 years, original offering plan and amendments, board meeting minutes, by-laws, house rules and more. We explore this mystery and explain further in the following video. . Hauseit Group LLC, Licensed Real Estate Broker Tel: +1 (888) 494-8258 Email: team@hauseit.com _ #hauseit #hauseitnyc #hauseitmiami #hauseitsouthflorida #hauseitlongisland #hauseithudsonvalley #hauseitwestchester #hauseitrealestate #realestate #realestateinvesting #home #propertyinvesting #realestatetips #realestatemarket #realestateinvestor

There have been recent changes to continuing education requirements for NY real estate agents. This video explains the new requirements you must satisfy when renewing your real estate license in New York every two years. Learn more: https://www.hauseit.com/continuing-education-requirements-new-york-real-estate-agents/ . . Save money when buying, selling and renting real estate in New York and Florida with Hauseit: https://www.hauseit.com Hauseit Group LLC, Licensed Real Estate Broker Tel: +1 (888) 494-8258 Email: team@hauseit.com

Chris at Hauseit® (https://www.hauseit.com) answers the question: How long is a conventional appraisal good for? Save money when buying, selling and renting real estate in New York and Florida with Hauseit. Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. . Unlike a carton of milk, conventional appraisals for a mortgage don't have an expiration date. If you're getting a conventional mortgage from a bank, it's up to the bank to determine how dated of a property appraisal they'll accept. The answer will vary by the bank, and much will depend on current market conditions and lending standards. We explore this mystery and explain further in the following video. . Hauseit Group LLC, Licensed Real Estate Broker Tel: +1 (888) 494-8258 Email: team@hauseit.com _ #hauseit #hauseitnyc #hauseitmiami #hauseitsouthflorida #hauseitlongisland #hauseithudsonvalley #hauseitwestchester #hauseitrealestate #realestate #realestateinvesting #home #propertyinvesting #realestatetips #realestatemarket #realestateinvestor

Nick at Hauseit (https://www.hauseit.com) reveals the truth behind lowball offers in NYC real estate. Does a lowball offer strategy actually work, or is it a waste of time? Reduce your closing costs when buying in NYC with a commission rebate from Hauseit: https://www.hauseit.com/buyer-closing-credit/ Estimate your buyer closing costs in NYC: https://www.hauseit.com/closing-cost-calculator-for-buyer-nyc/ . . Save money when buying, selling and renting real estate in New York and Florida with Hauseit: https://www.hauseit.com Hauseit Group LLC, Licensed Real Estate Broker Tel: +1 (888) 494-8258 Email: team@hauseit.com

Chris at Hauseit® (https://www.hauseit.com) explains whether you can sell a house with a property tax lien. Save money when buying, selling and renting real estate in New York and Florida with Hauseit. Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. . No, since most purchase contracts state that title must be delivered at closing free and clear of any liens, judgements etc., you cannot close if you have a property tax lien on the property. In fact, buyers won't even need to do a proper title search in order to easily discover the property tax lien, as property taxes and bills are available to the public usually via the county appraiser's website (or some equivalent). We explore this mystery and explain further in the following video. . Hauseit Group LLC, Licensed Real Estate Broker Tel: +1 (888) 494-8258 Email: team@hauseit.com _ #hauseit #hauseitnyc #hauseitmiami #hauseitsouthflorida #hauseitlongisland #hauseithudsonvalley #hauseitwestchester #hauseitrealestate #realestate #realestateinvesting #home #propertyinvesting #realestatetips #realestatemarket #realestateinvestor

Chris at Hauseit® (https://www.hauseit.com) explains whether paying six months' rent upfront is a good idea, and why it just may make a deal work between a tenant and a landlord. Save money when buying, selling and renting real estate in New York and Florida with Hauseit. Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. . Paying rent upfront, especially a large amount like 6 month's rent upfront, can be enticing for landlords and can make a deal work if the tenant has an unstable source of income, low assets or any other red flags. For the tenant, paying six months rent upfront might enable the tenant to negotiate a lower rent price. The landlord might be wiling to reduce the rent to get more of the rent paid upfront due to the time value of money, and the reduced risk of non-payment. We explore this mystery and explain further in the following video. . Hauseit Group LLC, Licensed Real Estate Broker Tel: +1 (888) 494-8258 Email: team@hauseit.com _ #hauseit #hauseitnyc #hauseitmiami #hauseitsouthflorida #hauseitlongisland #hauseithudsonvalley #hauseitwestchester #hauseitrealestate #realestate #realestateinvesting #home #propertyinvesting #realestatetips #realestatemarket #realestateinvestor

Chris at Hauseit® (https://www.hauseit.com) answers the question: Can You Pay Rent in Advance? Save money when buying, selling and renting real estate in New York and Florida with Hauseit. Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. . In most states, it's possible to pay at least the first month's rent in advance, and it's in fact what most landlords expect at the very least upon lease signing. However, anything more than one month's rent upfront depends on the laws and regulations of your state and local government. For example, in NYC landlords are only allowed to accept the first month's rent upfront, and a 1 month maximum security deposit. In contrast, in Florida there isn't a limit on how much rent can be paid upfront, but landlords are required to hold the paid upfront rent in a separate account, and to only release funds as each month passes. We explore this mystery and explain further in the following video. . Hauseit Group LLC, Licensed Real Estate Broker Tel: +1 (888) 494-8258 Email: team@hauseit.com _ #hauseit #hauseitnyc #hauseitmiami #hauseitsouthflorida #hauseitlongisland #hauseithudsonvalley #hauseitwestchester #hauseitrealestate #realestate #realestateinvesting #home #propertyinvesting #realestatetips #realestatemarket #realestateinvestor

Nick at Hauseit (https://www.hauseit.com) debates the common assumption that spring is the best time to list your home for sale in NYC. Does this notion always hold true, or is more nuanced? If you're a buyer, is spring the best time to start your search? Save money when buying, selling and renting real estate in New York and Florida with Hauseit: https://www.hauseit.com CHAPTERS 00:15 - How to Estimate Your Closing Costs 01:03 - Is the Spring Market More Active? 01:53 - Is Pricing Higher in the Spring? 02:35 - Other Factors to Consider 03:54 - Considerations for Buyers 05:11 - Overpriced Properties . . Save money when buying, selling and renting real estate in New York and Florida with Hauseit: https://www.hauseit.com Hauseit Group LLC, Licensed Real Estate Broker Tel: +1 (888) 494-8258 Email: team@hauseit.com

Nick at Hauseit (https://www.hauseit.com) reveals the key factors to consider when deciding whether to keep renting in NYC or bite the bullet and make a purchase. Reduce your closing costs when buying in NYC with a commission rebate from Hauseit: https://www.hauseit.com/buyer-closing-credit/ Estimate your buyer closing costs in NYC: https://www.hauseit.com/closing-cost-calculator-for-buyer-nyc/ CHAPTERS 00:00 - Introduction 01:12 - Don’t Chase the Market 02:17 - Do You Truly Know NYC? 04:33 - Are You Looking at a Good Deal? 05:59 - Tips if You’re Buying From Your Landlord 08:34 - Think Twice Before Submitting a Lowball Offer 10:03 - Advantages to Buying 11:15 - How to Reduce Your Closing Costs . . Save money when buying, selling and renting real estate in New York and Florida with Hauseit: https://www.hauseit.com Hauseit Group LLC, Licensed Real Estate Broker Tel: +1 (888) 494-8258 Email: team@hauseit.com

Chris at Hauseit® (https://www.hauseit.com) answers the question: What Does Furnished Apartment Mean? Save money when buying, selling and renting real estate in New York and Florida with Hauseit. Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. . A furnished apartment is a rental property that's listed as being furnished, meaning it'll be expected to come with furnishings such as furniture. How furnished an apartment is will depend and vary by listing, but could range from just basic furniture, to having everything from plates, pots, pans, cups, cutlery and more. We explore this mystery and explain further in the following video. . Hauseit Group LLC, Licensed Real Estate Broker Tel: +1 (888) 494-8258 Email: team@hauseit.com _ #hauseit #hauseitnyc #hauseitmiami #hauseitsouthflorida #hauseitlongisland #hauseithudsonvalley #hauseitwestchester #hauseitrealestate #realestate #realestateinvesting #home #propertyinvesting #realestatetips #realestatemarket #realestateinvestor

Chris at Hauseit® (https://www.hauseit.com) explains whether the equity risk premium is too tight. Are investors being adequately compensated for risk assets vs the risk free rate? Save money when buying, selling and renting real estate in New York and Florida with Hauseit. Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. . When you compare the earnings yield of the S&P 500 or cap rates on investment properties in major metro areas vs say the 10 or 30 Year Treasury Note & Bond, then your first impression might be that the equity risk premium is much too tight. However, there is more nuance to this question given the fact that equities for example are a real asset with earnings that grow, often more than inflation. Therefore, is there a better metric to compare with? We'll discuss whether it makes more sense to compare earnings yield on the S&P 500 to 10 year real yields vs nominal yields. We explore this mystery and explain further in the following video. . Hauseit Group LLC, Licensed Real Estate Broker Tel: +1 (888) 494-8258 Email: team@hauseit.com _ #hauseit #hauseitnyc #hauseitmiami #hauseitsouthflorida #hauseitlongisland #hauseithudsonvalley #hauseitwestchester #hauseitrealestate #realestate #realestateinvesting #home #propertyinvesting #realestatetips #realestatemarket #realestateinvestor

Chris at Hauseit® (https://www.hauseit.com) answers the question: What Does Fully Furnished Mean? Save money when buying, selling and renting real estate in New York and Florida with Hauseit. Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. . What does fully furnished mean? You'll often see this in the listing description for apartments being listed for rent, more often in markets like Florida vs New York. That's because Florida was traditionally more of a vacation rental market, with people from colder climates wanting to rent for only part-year (i.e. 6 months being very popular). As a result, New Yorkers who are used to only being able to rent unfurnished, vacant apartments might be confused. We explore this mystery and explain further in the following video. . Hauseit Group LLC, Licensed Real Estate Broker Tel: +1 (888) 494-8258 Email: team@hauseit.com _ #hauseit #hauseitnyc #hauseitmiami #hauseitsouthflorida #hauseitlongisland #hauseithudsonvalley #hauseitwestchester #hauseitrealestate #realestate #realestateinvesting #home #propertyinvesting #realestatetips #realestatemarket #realestateinvestor

Chris at Hauseit® (https://www.hauseit.com) explains what First Substantive Contact means in the context of real estate agent representation, and requirements around agency disclosures. Save money when buying, selling and renting real estate in New York and Florida with Hauseit. Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. . Real estate agents are typically required to present a number of disclosure forms such as the NY agency disclosure form upon "first substantive contact" with a customer. What does this mean? Is first substantive contact established the moment an unrepresented buyer walks into an open house? What does the unrepresented buyer need to bring up in conversation with a listing agent before first substantive contact is made? We explore this mystery and explain further in the following video. . Hauseit Group LLC, Licensed Real Estate Broker Tel: +1 (888) 494-8258 Email: team@hauseit.com _ #hauseit #hauseitnyc #hauseitmiami #hauseitsouthflorida #hauseitlongisland #hauseithudsonvalley #hauseitwestchester #hauseitrealestate #realestate #realestateinvesting #home #propertyinvesting #realestatetips #realestatemarket #realestateinvestor

Chris at Hauseit® (https://www.hauseit.com) goes over the question Should I Rent My House Furnished or Unfurnished? Save money when buying, selling and renting real estate in New York and Florida with Hauseit. Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. . There are many advantages to renting out your house or apartment furnished, and not just because furnished rentals command a higher premium due to the ease of tenants moving into an apartment that already has everything. However, for "qualified real estate professionals" the benefits can extend further, including the ability to write off 100% of furniture/furnishings in the tax year that it's put into service. This can be quite beneficial! Speak with your accountant to learn more, as we never provide tax or financial advice. We explore this mystery and explain further in the following video. . Hauseit Group LLC, Licensed Real Estate Broker Tel: +1 (888) 494-8258 Email: team@hauseit.com _ #hauseit #hauseitnyc #hauseitmiami #hauseitsouthflorida #hauseitlongisland #hauseithudsonvalley #hauseitwestchester #hauseitrealestate #realestate #realestateinvesting #home #propertyinvesting #realestatetips #realestatemarket #realestateinvestor

Chris at Hauseit® (https://www.hauseit.com) goes what the term Financial Repression means as it relates to central banks, economics and markets. Save money when buying, selling and renting real estate in New York and Florida with Hauseit. Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. . Financial repression means the suppression of nominal interest rates via intervention typically by a country's central bank. A central bank can suppress yields on a country's public debt through yield curve control (i.e. unlimited quantitative easing) or by artificially increasing demand for the public debt by forcing institutions such as public pension funds to hold a certain amount of their portfolios in public debt. We explore this mystery and explain further in the following video. . Hauseit Group LLC, Licensed Real Estate Broker Tel: +1 (888) 494-8258 Email: team@hauseit.com _ #hauseit #hauseitnyc #hauseitmiami #hauseitsouthflorida #hauseitlongisland #hauseithudsonvalley #hauseitwestchester #hauseitrealestate #realestate #realestateinvesting #home #propertyinvesting #realestatetips #realestatemarket #realestateinvestor

Chris at Hauseit® (https://www.hauseit.com) answers the question: what is the crowding out effect? What do economics mean when they allude to this crowding out effect when rates rise? Save money when buying, selling and renting real estate in New York and Florida with Hauseit. Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. . Investors & economists often refer to the term "the crowding out effect" whenever rates rise. Essentially, when the risk free rate goes up, it becomes a much better risk/reward option for investors to park their money. As a result, other areas of the economy and markets receive less capital, such as venture capital which may not be competitive from a risk-adjusted perspective. We explore this mystery and explain further in the following video. . Hauseit Group LLC, Licensed Real Estate Broker Tel: +1 (888) 494-8258 Email: team@hauseit.com _ #hauseit #hauseitnyc #hauseitmiami #hauseitsouthflorida #hauseitlongisland #hauseithudsonvalley #hauseitwestchester #hauseitrealestate #hauseitrealestate

Chris at Hauseit® (https://www.hauseit.com) goes over whether you can claim rent on taxes. Can you claim the rent you pay on your personal residence against your income taxes? Save money when buying, selling and renting real estate in New York and Florida with Hauseit. Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. . We'll explain why you generally can't claim the rent you pay to your landlord against your personal income taxes, and what exceptions there might be. We also go into why tax benefits are generally better for home owners vs renters (i.e. mortgage tax deduction), and even better for real estate investors! We explore this mystery and explain further in the following video. . Hauseit Group LLC, Licensed Real Estate Broker Tel: +1 (888) 494-8258 Email: team@hauseit.com _ #hauseit #hauseitnyc #hauseitmiami #hauseitsouthflorida #hauseitlongisland #hauseithudsonvalley #hauseitwestchester #hauseitrealestate #hauseitrealestate

Nick at Hauseit (https://www.hauseit.com) discusses each closing cost you are responsible for (and how you can save money) as a seller in Westchester County, NY. Save up to 6% when selling in Westchester with Hauseit: https://www.hauseit.com/agent-assisted-fsbo/ . . Save money when buying, selling and renting real estate in New York and Florida with Hauseit: https://www.hauseit.com Hauseit Group LLC, Licensed Real Estate Broker Tel: +1 (888) 494-8258 Email: team@hauseit.com

Chris at Hauseit® (https://www.hauseit.com) goes over the state of the real estate market and whether a crash is expected to happen in real estate prices. Will we have a replay of 2008, or something more benign? Save money when buying, selling and renting real estate in New York and Florida with Hauseit. Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. . Are housing markets vulnerable to another epic crash like we witnessed in 2008 during the Great Financial Crisis? Or will prices correct in a more benign manner this time around? On the one hand, lending standards have stood the test of time since the GFC, and banks are as strict as ever. We no longer have NINJA (no income, no job, no assets) loans or a crazy bubble in subprime mortgage structured products. However, housing markets are higher than ever, and the amount of consumer home equity is higher than ever. Furthermore, rates have more than doubled, from lows of 2.5% to over 7% (with some recent retracement) for a 30 year fixed mortgage. We explore this mystery and explain further in the following video. . Hauseit Group LLC, Licensed Real Estate Broker Tel: +1 (888) 494-8258 Email: team@hauseit.com _ #hauseit #hauseitnyc #hauseitmiami #hauseitsouthflorida #hauseitlongisland #hauseithudsonvalley #hauseitwestchester #hauseitrealestate #hauseitrealestate

Nick at Hauseit (https://www.hauseit.com) explains why it's not necessarily a red flag if a condo or co-op building doesn't have audited financial statements. . . Save money when buying, selling and renting real estate in New York and Florida with Hauseit: https://www.hauseit.com Hauseit Group LLC, Licensed Real Estate Broker Tel: +1 (888) 494-8258 Email: team@hauseit.com

Chris at Hauseit® (https://www.hauseit.com) explains what equity risk premium means, and how you can calculate it. Save money when buying, selling and renting real estate in New York and Florida with Hauseit. Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. . Equity risk premium is a term that is not fully understood by the majority of investors, which isn't surprising given the zero interest rate policies we've kept since 2008. Any investment's expected rate of return consists of two parts: the risk-free rate plus the risk premium. For equities, the total return would thus consist of the risk free rate plus the equity risk premium. The risk free rate people refer to is the yield on US Treasuries. For example, the 3 Month T-Bill, though we recommend using longer duration Treasuries as a risk-free rate if you are analyzing a long duration asset like real estate or stocks. We explore this mystery and explain further in the following video. . Hauseit Group LLC, Licensed Real Estate Broker Tel: +1 (888) 494-8258 Email: team@hauseit.com _ #hauseit #hauseitnyc #hauseitmiami #hauseitsouthflorida #hauseitlongisland #hauseithudsonvalley #hauseitwestchester #hauseitrealestate #hauseitrealestate

Chris at Hauseit® (https://www.hauseit.com) explains why real estate has idiosyncratic risks that investors must keep in mind when comparing different asset classes. Save money when buying, selling and renting real estate in New York and Florida with Hauseit. Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. . Real estate by definition carries idiosyncratic risks due to the nature of individual properties each having unique characteristics, tenant profiles etc. While some institutional investors have tried to play down these risks due to the accumulation of large amounts of properties (i.e. comparing houses to snow, individually they are very different by in aggregate they look like a white mass of snow). We think this view is naïve given the fact that real estate also carries massive jurisdiction and legal risks. Real estate investors are at the mercy of the prevailing sentiment, and their local, state and even Federal representatives. What other asset class carries the risk of eviction moratoriums, rent control, good cause eviction laws etc.? We explore this mystery and explain further in the following video. . Hauseit Group LLC, Licensed Real Estate Broker Tel: +1 (888) 494-8258 Email: team@hauseit.com _ #hauseit #hauseitnyc #hauseitmiami #hauseitsouthflorida #hauseitlongisland #hauseithudsonvalley #hauseitwestchester #hauseitrealestate #hauseitrealestate

Chris at Hauseit® (https://www.hauseit.com) explains how real estate investors and home buyers can protect themselves from overbuilding and oversupply in the market. Save money when buying, selling and renting real estate in New York and Florida with Hauseit. Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. . Real estate is an interesting asset class in that it's subject to potential oversupply due to overbuilding by developers. Of course, supply can be restricted depending on the jurisdiction, such as in NY or CA where zoning laws, historical neighborhoods and such restrict supply. However, in Miami and Florida generally, it's much easier for developers to build new supply, which ironically helps reduce homelessness and increases affordability much to the chagrin of states like NY and CA. We explore this mystery and explain further in the following video. . Hauseit Group LLC, Licensed Real Estate Broker Tel: +1 (888) 494-8258 Email: team@hauseit.com _ #hauseit #hauseitnyc #hauseitmiami #hauseitsouthflorida #hauseitlongisland #hauseithudsonvalley #hauseitwestchester #hauseitrealestate #hauseitrealestate

Chris at Hauseit® (https://www.hauseit.com) explains whether your landlord has to notify you in advance of a rent increase. Save money when buying, selling and renting real estate in New York and Florida with Hauseit. Available in NYC, Long Island, the Hudson Valley and South Florida. Established 2014. . Whether your landlord is required to notify you of a rent increase depends on the local rent laws and regulations of your city and/or state. For example, in New York landlords may have to notify tenants of a non-renewal or a rent increase of 5% or more up to 90 days in advance of lease expiration. In Florida, Miami-Dade County has some local rules, but not in Florida generally. In Miami-Dade County, landlords must notify tenants of a rent increase of 5% or more up to 60 days ahead of lease expiration. We explore this mystery and explain further in the following video. . Hauseit Group LLC, Licensed Real Estate Broker Tel: +1 (888) 494-8258 Email: team@hauseit.com _ #hauseit #hauseitnyc #hauseitmiami #hauseitsouthflorida #hauseitlongisland #hauseithudsonvalley #hauseitwestchester #hauseitrealestate #hauseitrealestate