Gregory Murphy - WEICHERT, REALTORS® - Briarwood Real Estate



Posted by Gregory Murphy on 10/17/2019

After a massive investment in real estate, the next step is managing your property investment effectively. As a property owner, there are some specific management requirements that you must consider. Here are some tips to follow for successful property management.

Take the Maintenance Seriously 

Keeping up with your maintenance is one of the most important things that you should. It is essential to do so because you are legally responsible for the responsible for making the house safe for habitation. That is, you should keep the areas of the home in a good state, and provide a place for the tenant to throw their garbage. A poorly maintained property will not be attractive to prospective tenants. People will not be willing to stay in a pest-infested house with plumbing issues.

Avoid Tenant Turnover

It is essential to keep your tenants happy so they will not have any cause to consider another house due to inconvenience, negligence, or other issues. What you can do to keep your tenant satisfied is simple; responding to repair request is one of the ways to make them happy. Also, make sure you go for other good tenants. One of the reasons most tenants relocate is that they are not in good terms with their neighbors; hence, you have to be cautious in this area. You can weed out the bad tenants by putting strict tenant screening procedures in place. 

Do not disobey the Landlord Tenant Law 

The law gives you a structure to follow, which will streamline your management process and make you avoid some mistakes. For instance, you will be familiar with the rules of the amount to collect a security deposit and when you should return the money. Furthermore, the law will provide you with a tenant evicting process and what can make you evict a tenant in your state. You need to get yourself acquainted with the statewide landlord rules and also check your local town for any new laws.

Hiring a Property Manager

Sometimes, the task of managing a property can be overwhelming. You can consider hiring a property manager. Hiring a property manager is not cheap, and it is a critical decision; hence, you need to be sure of your financial standing before making your decision. Also, you have to remember that there are bad eggs among the property managers that can destroy your rental property; therefore, you need to screen them thoroughly before hiring. 

Having a property manager will ensure that you can get the best from your property and investment.





Posted by Gregory Murphy on 10/10/2019

Although not everyone is a fan of carpeting, there are definitely benefits to having it in your home. The big question is, "Do the advantages outweigh the disadvantages?"

Well, that answer depends on a lot of variables, but if you happen to like the look and feel of carpeting, then it's probably worth having. Assuming the carpet fibers are made of a soft material, it offers an extra layer of comfort for walking barefoot and sitting on the floor. It also provides some minor benefits, in terms of both sound absorption and heat insulation.

One of the negative aspects of carpeting is that it tends to conceal dirt, allergens, and food crumbs. Depending on whether it's a stain-resistant carpet, keeping it looking clean could be an ongoing challenge. That, of course, would be especially true if you have children, pets, or a spill-prone spouse!

Although stain-resistant carpets are supposed to be easy to clean, you can't help but wonder if that applies to pet accidents and grape juice spills that aren't immediately cleaned up. Another possible pitfall of carpeting involves the risk of using carpet spot-cleaning sprays and solutions. Some cleaning products could cause the color of your carpeting to fade in the treated areas. So while it may remove the stain, it may also leave permanent faded spots in the area you cleaned -- hardly the effect you were aiming for!

If you or a member of your family has allergies or asthma, a carpeted floor could potentially trigger unpleasant symptoms, too. Since carpeting is known to harbor everything from dust mites and mold spores, to pet dander and pollen, it could be the source of discomfort for allergy sufferers and others.

From the standpoint of improved air quality and reducing allergens, carpets made of nylon, short fiber strands, and/or tightly woven strands are said to be less of an issue. Another partial solution is to ask family members and visitors to remove their shoes before entering a carpeted area. Pro tip: this is much easier to accomplish if you get everyone in the habit of removing their shoes at the front door.

For homeowners planning to put their property on the market in the near future, the presence of carpeting could have a negative effect on its marketability. That's not to say that carpeting is going to prevent you from being able to sell your home, but it may reduce the number of prospective buyers who are actively interested in it. If you happen to have hardwood floors underneath that carpeting, it may pay to remove the carpeting -- a sometimes difficult task, which is often best left to the professionals.

If you are getting ready to sell your home, remember, it's essential to clean your carpeting as thoroughly as possible before real estate agents show your home to the public. Hire a professional carpet cleaner, or check out some DIY articles on how to get those carpets clean.




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Posted by Gregory Murphy on 10/7/2019

Lovely New England Colonial Set On A Corner Lot Across From Whitman Park! This Versatile 3-4 Bedroom Home Has Many Updates! A Newer Kitchen w/Stainless Steel Appliances, Island, Granite Counters, Wine Fridge, Separate Pantry; Hardwood Floors Throughout The 1st Floor; Dining Room/Office Can Be Used As 4th Bedroom; Formal Living Room, Family Room, 1/2 Bath; 2 Car Garage Addition w/Huge Master Bedroom That Has 2 Walk-In Closets & A Gas Fireplace! Large Sitting Area w/Laundry; Massive Bathroom w/Tiled Steam Shower, Large Soaking Tub; 2 Staircases Access The 2 Additional Bedrooms & Complete The 2nd Floor; Brand New Gas Heating System, Newer Vinyl Windows, Newer Roof, Wrap Around Farmers Porch! All This And You Can Walk To Whitman Park, Town Pool, Town Hall & Schools!! This Is The One You Have Been Waiting For! Value Range Pricing, Seller's To Entertain Offers Between $400,000 - $419,900!

More Info on this Property | New Listing Alerts




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Posted by Gregory Murphy on 10/3/2019

If you don’t have a dedicated playroom space in your home, you may feel as though toys and children have taken over. Toys, games, stuffed animals, coloring books, and crayons may be all over the house if children don’t have their own space to play. 


It doesn’t have to be this way. There are a few options that you can use to let your kids have their space, and the adults have theirs. You don’t need to move just to find a home that has an area for kids to play. Read on for some ideas to help you stay stylish yet kid-friendly in your home.    


Versatile Furniture


Buying furniture that has a couple of purposes can be handy when you have kids. A coffee table with storage drawers can turn into a great place to store board games. An ottoman that has a storage component built in is a fantastic place to fantastic place to keep stuffed animals or action figures. When you have kids, finding ways to keep your style but allow children to play freely can be done easily with these types of furniture.   


Turn An Ordinary Shed Into A Magical Place


No matter what part of the country you live in, you can buy a small outdoor storage shed and turn it into a playroom. You can install portable heaters or fans in the shed for comfort. This space can become your child’s playroom detached from the house with all the comforts of home. You might even consider a treehouse, but that may afford slightly less storage or possibilities than a storage shed.    


Use The Corner Of A Room


Kids don’t have to take up the whole of a room. Consider giving little ones a corner of a room dedicated to their stuff. A small chair with a bookshelf and a few baskets of toys is all they need for a play space without fuss. Depending on the size of the room, you can even put a toy chest there for the playroom effect without the space.   


Use Baskets


Baskets are the next best things to furniture that has hidden storage. Baskets look pretty, and the contents are colorful, fun toys. There’s not too much wrong with this solution! You can even give the dog a basket for his toys.   


Find Ways To Incorporate Kids Into The Rooms Of Your Home


You can get creative when it comes to living with children. Chalkboard walls. Tiny furniture and more items are available to make your kids comfortable yet creative and keep your home stylish. Consider a chalkboard wall that allows kids to change their artwork on the daily.

With a little creativity, your kids can feel at home without a playroom and without taking over the whole house.  




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Posted by Gregory Murphy on 9/26/2019

If you intend to find your dream house, it helps to establish a homebuying strategy. That way, you can enter the real estate market with a plan in place to accomplish your desired goals.

Now, let's take a look at three tips to help you craft an effective homebuying strategy.

1. Create Homebuying Criteria

If you know where you want to reside, you can narrow your house search. As a result, you may be better equipped than other buyers to accelerate the homebuying journey.

Creating a list of home must-haves and wants usually is a great starting point for homebuyers. This list typically forces homebuyers to think about what separates an ordinary residence from a dream house. And once a homebuyer crafts a list of home must-haves and wants, this buyer can search for residences that meet his or her expectations.

2. Budget for a Home

In most instances, homebuyers lack the necessary financing to buy a house. Luckily, lenders are available that can help a homebuyer assess mortgage options and get pre-approved for home financing.

Budgeting for a home is a major part of the homebuying process. Because if you know exactly how much you can spend on a residence, you could speed up your house search.

To get pre-approved for a mortgage, you should meet with a variety of banks and credit unions. Then, when you find the right mortgage, you can enter the real estate market with a budget at your disposal.

3. Hire a Real Estate Agent

There is no requirement to hire a real estate agent before you pursue your dream house. Yet the advantages of hiring a real estate agent can be significant, and perhaps it is easy to understand why.

For homebuyers, a real estate agent takes the guesswork out of finding the right house at the right price. A real estate agent also collaborates with a homebuyer and will go above and beyond the call of duty to ensure a buyer can achieve the optimal results.

If you want to purchase a house as quickly as possible, it may be a good idea to hire a real estate agent sooner rather than later. Oftentimes, a real estate agent will meet with you and learn about your homebuying aspirations. He or she next will work with you to craft a homebuying strategy and launch a successful house search.

Furthermore, a real estate agent is a housing market expert who will help you overcome any potential homebuying hurdles. A real estate agent understands the challenges associated with purchasing a house and will help you identify and address such issues before they escalate. And if you ever have concerns or questions as you search for your ideal residence, a real estate agent will respond to them.

Enter the real estate market with a plan in hand – take advantage of the aforementioned tips, and you can create an effective strategy to streamline your search for your dream residence.




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