Powerhouse Gives Back

 

Powerhouse Realty is about community.
We have supported community based organizations over the years and continue to do so to this day.

Powerhouse Reality supports Organizations such as:

  • Hope Chest Foundation
  • NJ Back to School drive
  • Career Gear
  • Lachelle McNair’s School Supply Drive
  • Foundation Baptist Church
  • Alpha Phi Alpha Fraternity
  • National Association of Real Estate Brokers (Nareb)
  • YMCA of Newark, NJ
  • The Doll League, Inc. (Metropolitan New York Chapter)
  • AAngelsNJ
  • UNCF (United Negro College Fund)
  • Perry's/Riverside Alumni Association
  • Syracuse University: Our Time Has Come Scholarship

 

Doll League - 60th Anniversary Dinner

Powerhouse Realty was the 2018 sole corporate sponsor for the 60th Anniversary of the Doll League Metropolitan NY/NJ. Pictured are his sons. Armand and Brandon & wife Sheri.

NJ Back to School Drive (NJ)

Providing Book Bags & School Supplies for the brothers of Omega Psi Phi & sisters of Alpha Kappa Alpha at the NJ Back to Schoo Drive.

Career Gear (NYC) - Event

An Event Sponsored by Career Gear (NYC).
At this event Suits, Shirts, Ties, and Shoes were donated "to help men become stronger contributors to their families and communities."

Lachelle McNair's School Supply Dirve (Springfield, MA)

A drive created in order to accept donations of new Backpacks and School supplies for the children in the community & etc.

Hope Chest Foundation (NJ)

Powerhouse Realty was a Sponsor for the Hope Chest Foundation, which provides Scholarships for minority students from New Jersey.

Rcihard Spears and His wife attended Hope Chest Gala, where Hope Chest celebrated having given  $1.2 million in scholarship money to students, in the last 13 years. Richard and his wife have supported Hope Chest for last 10 years.

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%.

 

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:

ESTATE HOME TIPS

 

 

   Selling an estate property by default can be a difficult process. The emotional loss can be overwhelming. This is why it is imperative that you surround yourself with a team that will patiently guide you through the disposition of the property.

 

1) Make sure your paperwork is in order. Who is named as executor or adminstrator for the estate? Has the paperwork been filed with the county?

 

2) Hire an attorney that understands family law as well as real estate law if possible. 

 

3) Does your realtor have experience in estate sales? Often the estate may not have the proceeds to address issues, such as clean outs, repairs or possibly relocation. Does your realtor have the resources to assist? As a whole, empathy and patience should be your guiding light until the closing!

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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