Jerry Raviol

1640 S. Stapley Dr., #124 • Mesa, AZ 85204
TOLL FREE: 1888-JRAVIOL (572-8465)
CELL: (602) 695-5478
Office: (480) 820-3333
Fax: (480) 907-1443

Connect with Jerry

West USA Realty

Archive for ROI

Looking for the latest real estate market news in WildHorse at Allen Ranch? Just click the image below to find out which house sold this year with the highest price per square foot since 2008.

Jerry Raviol
West USA Realty
www.houseaz.com
602-695-5478

[Facebook] [Google] [LinkedIn] [Mixx] [Reddit] [StumbleUpon] [Windows Live] [Yahoo!] [Email]

Now that you have watched part 1 of The Real Scoop on Real Estate you know how the market can be flooded with foreclosures and short sales, yet home values are on the rise in the Arizona market.  In part 2 of The Real Scoop, let Jerry Raviol tell you what he thinks the future holds for homeowners. Both buyers and sellers need to be prepared for what is to come. To find out more – watch the video message below and then contact Jerry with your questions.

Jerry Raviol
West USA Realty
www.houseaz.com
602-695-5478

[Facebook] [Google] [LinkedIn] [Mixx] [Reddit] [StumbleUpon] [Windows Live] [Yahoo!] [Email]

Have you been wondering how the market can be flooded with foreclosures and short sales, yet home values are on the rise in the Arizona market? Jerry Raviol can explain how these contradictory things can actually be taking place in our market today. To find out more – watch the video message below and then contact Jerry with your questions.

Stay tuned – Next week Jerry will talk more about this topic in part 2 of  “The Real Scoop on Real Estate – 2012″.

Jerry Raviol
West USA Realty
www.houseaz.com
602-695-5478

[Facebook] [Google] [LinkedIn] [Mixx] [Reddit] [StumbleUpon] [Windows Live] [Yahoo!] [Email]
Nov
23

Home Ownership: Still the American Dream?

Posted by: | Comments (0)

Here’s my take on it-  I see more and more folks buying homes so they can “CONSUME” real estate and live in a “HOME”, rather than buying  a house to “INVEST” in real estate.  When you consider the non-financial benefits that come from owning your “HOME”, it changes the numbers you need to make it work.  Two things to keep in mind-

1)      The “consuming” real estate model is the one that helped generations of Americans use their home to help fund retirement.  The “investing” in real estate model gave us a bubble and a bust.

2)      When looking at the numbers you need to IGNORE national trends.  Many folks that were listening to national real estate gurus bought in the Phoenix metro market well after the local market had already begun a slide.

If you’d like to read more about this topic CLICK HERE for an article by Sheryl Nance-Nash, a writer for DailyFinance.com.

Jerry Raviol
West USA Realty
www.houseaz.com
602-695-5478

[Facebook] [Google] [LinkedIn] [Mixx] [Reddit] [StumbleUpon] [Windows Live] [Yahoo!] [Email]
Comments (0)

It may seem like an odd question given the current instability of the U.S. economy, but actually there are quite a lot of good reasons to think about buying a second home at the moment. Whether you are thinking about a long term investment, renting for extra income or a holiday home, this might be the time to buy a second home in Arizona.

Reasons to think about buying a second home:

Low house prices – At the end of last month the median price for a home in the Phoenix metropolitan are was the same as in the year 2000!! Home prices are incredibly low at the moment and so now might be the perfect time to pick up a bargain on a 2nd home.  If your future plans include spending time in the valley of the sun, there’s a good chance a home will cost you more later. 

Low interest rates – Interest rates are at the lowest level since they started keeping track of home mortgages.  This means that if you have the ability to secure a second mortgage you are likely to get a fantastic rate on it. For those who already own a home and have the available capital, a second mortgage would currently be very appealing.  History tells us that huge deficit spending by the government is often followed by inflation.  With inflation come higher interest rates. 

Better than saving – Although property investment can normally be seen as a risky investment it is currently just as risky to invest savings in the bank. What’s more, with interest rates currently so low, you are likely to see a greater long term return and get more for your money in the property market than a savings account.

Extra income – although there are certain overheads when buying a second home, such as tax, the mortgage and even second home insurance, you could still make a lot of money from it. With most first time buyers finding it very hard to get a deposit together in order to buy a new home, the renting market is currently very strong, meaning if you have a second home you can easily fill it with tenants. You could rent the house out to cover the mortgage costs and then sell up once the market improves.

So there you have, it may feel like a risk but actually there are many good reasons to think about buying a second home.  If you have the available capital, time and desire, this could be the perfect time to buy!  Before you make a decision I suggest we spend 20 – 30 minutes looking at what is available and how you can get it.  I can also provide you with references from other clients that have decided that this could be the perfect time to buy!

Jerry Raviol
West USA Realty
http://www.houseaz.com
602-695-5478

[Facebook] [Google] [LinkedIn] [Mixx] [Reddit] [StumbleUpon] [Windows Live] [Yahoo!] [Email]

How real estate can put cash in your pocket every month.

Everything old is new again -  Back in the days before housing prices zoomed through the roof like a rocket, the way to make money on rentals was to create a positive monthly cash flow, and to count future price appreciation as gravy for a later day when you wanted to sell.  Right now is the first time in years that 4 important factors have aligned so that you can once again both make money every month and build your wealth the old fashioned way –

  1. Low purchase prices – Many homes can be purchased for less than it cost to build them, and sell for 70% less than their market high. 
  2. Crazy low interest rates that you can lock in for 30 years – Today’s rates mean your monthly expenses for principal and interest payments are easily 30% less than a few years ago.  Combine the low interest rate with a low purchase price and your monthly nut can easily be 50% less than in years gone by. 
  3. Stable rent prices – Although rents have fallen, they haven’t fallen by nearly as much as the purchase price of the homes.  This is in part due to the increased number of renters.
  4. A larger pool of renters / increased customer base New mortgage guidelines which make it harder to buy a home + the large number of folks that have lost their homes and need to rent = more renters

Another benefit to a positive cash flow with a one year lease is that it eliminates the need to stress over resale prices every month.  When you are putting cash in your pocket every month, a change in resale prices is less of a concern.  Many of the landlords that got knocked out of the rental business were completely invested in double digit price inflation.  They did not care about the good old fashioned benefits of positive cash flow because they thought they would make it back when they “flipped” it.  When prices went in the wrong direction, and they were sitting on a negative cash flow, all their potential profit was gone. 

I’m buying rentals and I think it is something you should also consider.  Contact me and I’ll be glad to discuss if it makes sense for you to try and get both a monthly return on investment (ROI) combined with future asset appreciation.

Jerry Raviol
West USA Realty
http://www.houseaz.com
602-695-5478

4W5ZS84SDCT5
[Facebook] [Google] [LinkedIn] [Mixx] [Reddit] [StumbleUpon] [Windows Live] [Yahoo!] [Email]
Aug
11

Positive Cash Flow Vs. Fix and Flip

Posted by: | Comments (2)

How real estate can put cash in your pocket every month.

Everything old is new again -  Back in the days before housing prices zoomed through the roof like a rocket, the way to make money on rentals was to create a positive monthly cash flow, and to count future price appreciation as gravy for a later day when you wanted to sell.  Right now is the first time in years that 4 important factors have aligned so that you can once again both make money every month and build your wealth the old fashioned way –

  1. Low purchase prices – Many homes can be purchased for less than it cost to build them, and sell for 70% less than their market high. 
  2. Crazy low interest rates that you can lock in for 30 years – Today’s rates mean your monthly expenses for principal and interest payments are easily 30% less than a few years ago.  Combine the low interest rate with a low purchase price and your monthly nut can easily be 50% less than in years gone by. 
  3. Stable rent prices – Although rents have fallen, they haven’t fallen by nearly as much as the purchase price of the homes.  This is in part due to the increased number of renters.
  4. A larger pool of renters / increased customer base New mortgage guidelines which make it harder to buy a home + the large number of folks that have lost their homes and need to rent = more renters

Another benefit to a positive cash flow with a one year lease is that it eliminates the need to stress over resale prices every month.  When you are putting cash in your pocket every month, a change in resale prices is less of a concern.  Many of the landlords that got knocked out of the rental business were completely invested in double digit price inflation.  They did not care about the good old fashioned benefits of positive cash flow because they thought they would make it back when they “flipped” it.  When prices went in the wrong direction, and they were sitting on a negative cash flow, all their potential profit was gone. 

I’m buying rentals and I think it is something you should also consider.  Contact me and I’ll be glad to discuss if it makes sense for you to try and get both a monthly return on investment (ROI) combined with future asset appreciation.

Jerry Raviol
West USA Realty
http://www.houseaz.com
602-695-5478

[Facebook] [Google] [LinkedIn] [Mixx] [Reddit] [StumbleUpon] [Windows Live] [Yahoo!] [Email]