5 Tips to Make Moving a Breeze

Moving can be tough. Packing all of your belongings, hauling boxes and furniture to your new place and then unpacking everything can be a time-consuming
and sometimes backbreaking experience.

But, it doesn’t have to be. Take the pain out of the process with these helpful tips.

 

Preparation for the job ahead

1 Start early. As soon as you know that you’ll be moving, start sorting through your belongings and get rid of the stuff that won’t make the move
with you. First and Foremost, remember there are far more items to box then you think. Next, Boxing at least 2 or 3 boxes a day mean that you will have 14-21 boxes finished at the end of the week.

Sort your items into three piles: keep, donate and toss. Box up the items that you’re keeping, but won’t use until after you move (e.g., seasonal clothing, holiday decorations, etc.).

2 Create a system. A little organization in the beginning will save you from spending months searching for your favourite things later. Devise a
system that helps you keep track of your stuff, and ensure that they make it to the correct room of the house.

Some ideas include:
• Color code your boxes by room: Red for kitchen, yellow for master bathroom, etc.
• Number the boxes, and create a list with the number of each box and its contents.
• Write the destination on all surfaces of the boxes in large, clear letters.

Doing the work

3 Pack a suitcase with the clothes and toiletries you’ll need for the first week after the move. That way, you don’t have to rush to unpack everything
right away.

4 Set out two empty boxes to place items you want to donate or throw away after the move.
Even if you sorted your items before you moved, it’s inevitable that you’ll find a few items that you don’t need anymore. Instead of letting them clutter
your new space, donate or toss them after you’ve finished unpacking.

5 Remember to reward yourself. Finally, Packing and unpacking is hard work! Take a break after you unpack a few boxes, and enjoy a snack or drink.

On the other side of the move

Proper planning prevents poor performance! Therefore, Plan on where to stage your boxes so you can get your larger furniture pieces in place without them in the way.

Finally, If you marked your boxes correctly, Getting them in the rooms and unloaded will be a breeze. The rule in my home is, if you open it, you unpack it.


Posted on March 19, 2018 at 6:23 pm
Mike Kooken | Posted in real estate |

How to pay off your Mortgage faster

If you’re like many Americans with a mortgage, you’re probably looking for ways to pay it off sooner. You’re in luck! Below are some great tips to help you reduce your principal.  Eliminating your mortgage debt faster. So that you have more money in your bank account for retirement, investments or a relaxing tropical vacation.

If you’re among the one-in-three lucky homeowners who have paid off their mortgage, forward this information on to family or friends who are seeking to pay off their mortgage debt. A mortgage is often the largest debt that one undertakes. As a result, many homeowners look to pay it off as quickly as possible. In addition to reducing overall debt, paying off a mortgage early enables you to purchase a second home or investment property. read the brochure below to see some of the tips that can help you pay down your mortgage quicker then you think.

Working to get out of debt? 
If you are struggling with debt, many economists and financial planners have plans to help you plan to get out of debt. Try paying off your highest balance highest interest debt first.  Then apply that payment to the next highest, and so on until your free from the yoke if credit card debt. Once you’ve cleared this debt, saving for the future is achievable. Leveraging your equity in your home has risks, but the upside can help you achieve your real estate goals.
My personal goal for real estate is to replace my current income with income from rental properties. Then I will be free from working and can spend my time golfing and playing with my family.
In a future post, we can discuss the strategy of using real estate to replace your income. Being a landlord can have its draw backs, but so does working!

Posted on January 23, 2018 at 11:38 pm
Mike Kooken | Posted in mortgage, real estate | Tagged , , ,

Death, Taxes, & Expectations for the Sacramento Market

 

Death, Taxes, & the Expectations for the Sacramento Real Estate Market in 2018

Certain Expectations for an uncertain world

If anything in life is certain, its death and taxes. But what would these even have to do with the real estate market in Sacramento in 2018? Unless you’ve been hiding under a rock, the new tax plan creates lots of new loop holes and even more expectations.  As Realtors, we are always bullish on the local market.  I personally try to find the silver lining as a matter of principle. While this past year has provided much to the doom and gloom set to finally be happy about.  At least 2018 may have something for all of us. Every once in a while we get shown the light in the strangest places if we just look at it right.

What certainties lie ahead for this year? We can expect the inventories to remain low. As the home builders continue to struggle with workforce in the current low unemployment market with no end in sight. Given the tight markets and building costs at a high, new home pricing will continue to rise and with continued low resale inventory in Sacramento. Prices should remain stable as well depending on demand.

There are always factors that lurk in the shadows to be wary. In the coming year, it is expected that we will see interest rates climb as we have reached near zero unemployment and inflation becomes a concern. Many Realtors take pause when they hear about the hike in rates. This is not without basis in fact, however, I disagree with those who believe that the markets will suffer at higher interest rates.

Almost an entire generation of home buyers have not seen rates above 7%. With rates starting to climb, it is possible that it can trigger a spike in home buying to lock in sub 5% rates. The “boomerangs” haven’t all come back to market. The millennials are starting to behave like every generation before them as they climb out of student loan debt, have children, and start to settle down. The Baby Boomers are retiring at a rate of about 10,000 per day and the gen X’ers are following along. Are we on track for a big year? If there were some other factors that could come into play in 2018. Like a Tax overhaul?

Better Agents Find Better Homes

When it comes to setting the right expectations, you need to see the signs that are posted along the way…

Death and Taxes and ….

Its too early to tell what the change to the tax code will do to real estate this year. It may not have a real effect until 2019 when we all file under the new rules. Many have rushed out to pay their property taxes early, myself included (I had a supplemental from a pool addition). The concern over the SALT limitations has made many Realtors concerned. This too will scare people into thinking home ownership is not worth it.

Here is a sobering reminder, it really doesn’t matter to a majority of Americans how this plan is going to effect you. It is likely to be a net neutral over time with the benefits and the detraction washing out equally. It wasn’t done for us, it was done for the donor class. We might just see a really hot economy as a result. We may see a deep recession as well. Housing plays a different role here. Equity gain or loss versus having a home. The place we spend our lives versus the amount of interest we can deduct.

Home buying is one thing for all of us. Whether the market is good or bad. Whether the tax code is favorable or not. We are all doing as others have done before us when it comes to home buying. It is the events in our lives that really drive their buying cycles. First home, new marriage/domestic partnership, big promotion, relocation, empty nesting, vacation spot at the lake or the beach. There are moments in all of our lives, milestones in the passage of our lives that drive us to need a place to be. Regardless of our personal tastes or gender or identity, we all need to have a place to “you do you.”

2018 promises one thing, it will have 365 days. If you seek the silver lining, your more than likely to find it. The same goes for the dark clouds too. Regardless of your politics, the opportunity to succeed is there for you once you have decide what success means to you.

Have a safe and happy 2018. If I was right, and I suspect I will be, 2019 will follow…

Better Agents Find Better Homes: Expectations

Unless you were worth millions, the so called “Death Tax” probably will not make much of a difference in your estate planning…

Expectations, Expectations, Expectations, Expectations,

About Mike Kooken

Long time SOB (Son of a Broker). I have been selling and leading Realtors in the Sacramento Region for nearly 2 decades.  I have defined my purpose as being a great father. A loving husband. A den leader for a local cub scout pack. A leader to those who need it and defender to those who need it more and a provider of knowledge to those who seek it. As I have helped agents sell billions of dollars of real estate and serve thousands of clients, it has become clear, we are all in this together and the more we can help each other, the better we all become…


Posted on December 29, 2017 at 12:18 am
Mike Kooken | Posted in real estate | Tagged , , ,

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