Think-Realty-Magazine-May-June-2017

THE BIG PICTURE

Are STINKY Properties Sucking Up Your Pro‘ts?

STRATEGIES: LOCATION

Use OdorXit Products to Permanently Eliminate Stink without Paint or Harmful Chemicals. Don’t lose rental income to: • Pet urine • Smoke smell • Musty odor and • Never throw out stinky refrigerators again!

Jumping Over Hundreds BUYING THE RIGHT HOME IN THE WRONG LOCATION MAY SEEM ECONOMICAL, BUT IT’LL END UP COSTING YOU PLENTY.

by John Trautman

“ I ended up selling my house for more than we were originally asking. But nobody would have even looked at the house if it wasn’t for your OdorXit Concentrate. It got completely rid of the cat urine smell in the concrete and hard wood flooring in the basement. Ann Hagler, MI where the rehabbers painted over the cigarette smoke. I could always smell something every time I walked in the door—the paint did not cover the odor. I attached the AQM packets to a fan like you said and waited. It’s been a month and it is still gone. Awesome product! Thank you! Debbie San Diego, CA ” I can’t believe it! The smoke odor is gone from my 12 ft. cathedral ceilings

Air Quality Manager by OdorXit It will safely oxidize/destroy tough odors other products don’t touch!

A

mentor used to say to me, “Don’t jump over hundreds to pick up

the closets too small? That can be fixed. Are the walls painted an ugly shade of brown? That can be fixed. Is the home in a bad neighborhood? Uh ... well … there’s nothing to do about it. What makes a good location? 1 Low crime rate 2 Good school district 3 Convenient access to amenities 4 Access to highways 5 Nice views Finding the “right” house in the wrong location may look like a good idea, but it is a bad deal. Yes, you may save a few dimes when you buy, but you’ll miss out on hundreds when you sell. PRODUCTS AND MATERIALS Cheap is sometimes just that – cheap. Let me explain by telling a story on myself. When I first got into investing, I found that I could purchase paint quite cheaply if I were willing to buy the leftovers. I mixed them together and came out with a color that was similar to mauve, but in a shade

that nobody would voluntarily choose. Then it was time to sell. Guess what the No. 1 thing was that people said about the house? They didn’t like the color of the walls. Eventually, I had to repaint the walls, costing me more in paint and in time. If I had painted it right the first time, I would have sold the house faster as well. Althoughmy story is about paint, the same is true for most products andmaterials. Think about the home, the potential buyers and what they see in similar homes in the area. Be sure that you are buying products andmaterials that are of similar quality. Always think about: • Appliances • Paint • Flooring

dimes.” In other words, don’t try to save a few dimes if it will cost you big bucks in the end. Unfortunately, I see many real estate investors doing just this. Yes, it is important to spend money wisely, but it is equally important to invest in your business. So, it boils down to this: When you cut corners or shave areas to save money, are you really saving money? Let’s look at a few areas where “picking up dimes” will cost you hundreds. LOCATION By now, you’ve heard of the three things to consider in order to buy and sell real estate: location, location, location. There’s a reason you’ve heard it. It’s because it is true. Having a property in a good location allows you to sell your property faster. It allows you to rent your property for more money. It allows you to gain equity in your home faster. Why is this true? Well, most things about a home can be changed. Is the kitchen outdated? That can be fixed. Are

† ELIMINATES any feces, vomit and urine smell on contact—on any surface. † Great for sewer back ups and toilet over- flow odors, turned off refrigerator smells. † No enzymes, no fragrances added—not a cover up. † Powerful, permanent, all natural. † Place AQM near a fan and let the moisture in the air do the rest. † Eliminates smoke, mold, mildew, mothball odors, even dirty dog odor. † The new safe and portable oxidizer/odor destroyer using chlorine dioxide. OdorXit Concentrate

> Continued on :: PG 110

John Trautman is an author, entrepreneur, longtime real estate investor and founder and CEO of the Real Estate Knowledge Institute. Through REKI, he teaches and

inspires aspiring real estate investors who have an interest in everything from home flipping to buying and selling rental properties to earning passive income through various real estate investments. Contact himat john@realestateki.com or 206-255-2858.

Order Now: OdorXit.comor call 877-(Odor Xit) or 877-636-7948

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