Customer Testimonials: Opinions That Matter
With Powerhouse Realty, service comes first, last and always. If our customers are happy, we're happy.
Here's what some of our clients are saying about us:
"Recently, I had the pleasure of engaging Mr. Spears and his firm for the disposition of an investment property that I owned in Orange, NJ. Previously, I was told by other agents that my property was "under water" and therefore I should turn it over to the bank and take a loss. Through the efforts of Mr. Spears, we were able to make the bank hold, and after expenses was able to pocket $17,000. I can't recommend him enough!"
-Rodney Owens
"Due to the death of my brother, we reached out to Mr. Spears to assist with the sale of the Estate, which included a home in Parsippany, NJ. The obstacles placed before Mr. Spears seemed insurmountable including, but not limited to, previous work done without permits, necessary construction and maintainence and the outlay of financial resources. Through time, patience and effort Mr. Spears was able to navigate each of these pitfalls including the outlay of nearly $15,000 to get us to the finish line. This makes it the third property that Mr. Spears has represented our family on, and we can't thank him enough.
-Julia Brown
"From the very first conversation with my real estate agent, I knew I was in competent hands at Powerhouse Realty. A friendly and knowledgeable broker guided me through every step of finding a new home, and I realize now that I wouldn't have been able to do it alone. Thank you!"
-Mary Beth Joseph
"Detailed and honest advice, no hassles, no rip-offs: We had multiple offers over two days and wound up with a cash buyer over asking price! There is no better agency to buy or sell your property in Essex County, and we'd choose Powerhouse Realty again without hesitation."
-Vivian Cox Fraser (President Essex County Urban League)
"We have worked with Powerhouse Realty LLC over the last 18 years in the investment and Multi-family arena. Mr. Spears has gone above and beyond what a regular Broker/Property Manager would have done. He constantly is ahead of the curve in finding new opportunities, and programs. He's our guy!"
-Om Soni (Managing Partner Soni Holdings LLC.)
Buying Investment Property Tips:
Determining Cash on Cash Return
-What does this mean?
Determining the return on investment against your deposit.
Ex: If you put down a $100,000 deposit and after income and expenses you're left with $9,000, your cash on cash return is
9%.
See sample of investment Pro Forma below:
Questions?
Powerhouse Realty
1549 Springfield Ave.,
Maplewood, NJ 07040
Phone: 908 391-1136
Fax: 973 763-5099
E-mail: Rspears10@aol.com
Or use our contact form.
Tip of the Week
Show Off Your Home!
Quick fixes before selling always pay off, but don’t over improve. Instead, do repairs that will pay off and get you what the home is truly worth. Best advice is to paint all the walls a neutral color, lighter colors open up the space. De- Clutter prior to listing your home… fix leaky faucets and keep the home clean at all times. For higher end homes consider staging (with a professional) to show the houses best light. Finally, depersonalize the home as much as possible. Although it’s emotionally difficult, eliminate family pics and certain art pieces that reflect you. A buyer wants to imagine themselves in the property so a blank canvas is best.
Learn more about how to sell your property.
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