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Vote Erin Ogden Oxender for 2020 Columbus REALTORS® Board of Directors!

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A Vote for Erin is a Vote for fair and honest representation for all Columbus REALTORS®

Erin has demonstrated over time her commitment to service in the real estate industry with an excellent record of participation since obtaining her state of Ohio Sales license in 2007. As a graduate of both the Columbus REALTORS® Leadership Academy and the Ohio REALTORS® Leadership Academy, she is poised and ready to be an industry leader. She has served as an Alternate OAR Director in 2019 and is now asking for your vote as Director in 2020.

 Erin is a loyal collaborator and quick-witted confidant. She always operates with integrity and knows it is important to be a good and willing listener. Communication is often a critical linchpin of understanding all sides of an issue and she is committed to hearing the membership of Columbus REALTORS® and increasing communication among the membership from all Brokerages, both big and small.  

Erin Ogden Oxender for 2020 Columbus REALTORS® Board of Directors

10 Tips for Keeping Our Neighborhoods Safe

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10 Tips for Keeping Our Neighborhoods Safe - Man with binoculars peering over fence

You’ve finally purchased the home of our dreams in a neighborhood you’re excited to move into. Owning a home is part of living the American dream, a live-in trophy for all your hard work. You maintain it and care for it, cutting the lawn weekly, washing windows in the spring and fixing any leaks that may spring up.

Part of caring for our home includes caring for the neighborhood too. It means connecting with neighbors and knowing your children’s friends and their families. Being social is the first step in continuing to keep your new neighborhood safe. Get involved!

Here are 10 tips for keeping your neighborhood safe.  It’s difficult for crime to get a foothold in communities where the following is in place:

  1. Neighborhood Gatherings: Throw a neighborhood party! Organize a chili cook-off in fall, luminary fundraisers in the winter, bike rallies in spring and pool parties in the summer. Neighbors who play together, know each other and communicate about anything that might be suspect. 
  2. Beautify your space: Keep a well-maintained yard because homes with gardens and planters tell strangers that the people care. Open lots, and public parks can be fixed up with a little teamwork which will send a clear message to outsiders that you are invested in your community. Pride of place goes a long way to deter crime.
  3. Download notifications: There are apps such as Neighbourhood Watch and Neighborhood Crime Watch which allow you the communication of emergency alerts, crime alerts, sex offender alerts, severe weather tips, and much more. You can also upload photos, videos, and information about suspicious activity in your neighborhood, which is shared with neighbors.
  4. Neighborhood Watch: Join your local Neighborhood Watch. If there isn’t one in your community, start it! There’s also a Dog Walker Watch you can participate with or bring to your community. These organizations provide tips and work with law enforcement to teach you how to keep your neighborhood safe.
  5. Welcome Police: Invite the police to patrol your community if you are having issues with speeders, make them feel welcome with a wave when you see them pass by. Keep them abreast of any suspicious activity.
  6. Play outside: Encourage outdoor activities, so there are always people outside in your neighborhood. A hive of activity will deter anyone looking to do something on the sly.
  7. Improve lighting: Consider lobbying to bring streetlights into your region if you don’t have them already. Keeping the area lit up makes it more difficult for someone to get away with illegal acts without being seen
  8. Secure your home: Do your part to make theft and vandalism unpalatable to criminals. Keep the exterior lights on, install a security system, and if you travel, ensure a neighbor watches your house, picks up mail and newspapers, so it appears you’re still at home. Keep your curtains and windows closed at night
  9. Teach your children: Walk the neighborhood with them to discuss boundaries, safety, and suspicious activity. Children can offer watchful eyes and ears too while at bus stops or playing with their friends. Let them know they should report anything suspicious to you and/or a safe adult. Define clearly who a safe adult is to you.
  10. Be an example: Treat your neighbors with respect. Proactively participate in your community and resolve conflicts with patience and communication. Encourage your children to do the same and have zero tolerance for bullying. Promote peaceful negotiations between friends and neighbors.

These are our tips for keeping your neighborhood safe.  If you’re looking to relocate into a different neighborhood, we’d be happy to help!  Let us know what type of home and area you’re looking at, and we’ll let you know when something matching your description becomes available.

How to Buy your First Investment Property

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How to Buy your First Investment Property

Want to invest in real estate in Columbus, Ohio? If you’re not sure where to begin or what you should be considering, read these tips to start your successful real estate investment portfolio.

The Columbus Team’s Top 10 Tips for buying your first investment property:

  1. Ensure your financial house is in order
    Eliminate all debt if possible. School loans, credit cards, medical bills, and any other areas you may owe money. Not having all these bills allows you to save down payments for your investments faster. It also removes the financial pressure to help you make better, less emotional decisions throughout the process of the purchase.
  2. Save the down payment
    Save a minimum of 20% down. If this is an investment property, a minimum of 20% is required down before you can get a mortgage. If you can pay the entire cost in cash, you have a better chance of winning the contract in tight markets with limited inventory. Sellers will often take an all-cash deal that is less than one that requires lenders be involved. The more you save and pay upfront, the better your cash flow will be while you own it.  
  3. Start small.
    Consider investing in an affordable single-family home or duplex first. Keep your investment small so you can net returns faster from the rental income or sale, then take those profits and invest in your next property. Operating expenses and repairs are the most reasonable in this type of real estate. Purchasing multi-family units, commercial real estate, or apartment buildings require a more substantial investment and monthly operating expenditures.
  4. Establish your parameters.
    Know exactly the type of property you’re looking for. Choose the neighborhood, school district, and price point of the property you are targeting.
  5. Amass your professionals.
    To keep your profits in your pocket, it’s best if you have some repair skills yourself. You can save a lot of money by being able to replace a leaky faucet or repair drywall and paint. If you don’t possess these skills, you’ll have to source some affordable local laborers who can do the work for you. Keep in mind this will impact your operating budget. Drywallers, plumbers, electricians.  Forging relationships with these people and knowing what the charges are ahead of time will make your investment life easier. Add an excellent REALTOR who will be looking for potential investment properties that meet your criteria. S/he can also connect you with reputable service professionals when needed.
  6. Secure a loan, if required.
    Take advantage of any period of low-interest rates to use a mortgage when purchasing. A lower interest mortgage will keep your operating costs at a minimum and your profits at a maximum. Interest rates are slightly higher on loans for investment properties, so be sure to account for that in your budgeting.
  7. Plan for Expenses and Profits.
    Determine your financial break-even point and how much income needs to be produced to cover your expenses and turn a profit for further real estate investments in Columbus. Also, consider whether the property will need renovations before you can rent or re-sell it. With your first investment, you may not yet have the professionals you can count on in your contact list. You may best purchase a home that does not need immediate repairs or even consider a turn-key home with reliable renters already living there.  In a turn-key scenario, you will not immediately need to interview and vet new renters.
  8. Consider a partner.
    An investment partner may be an idea for cost-sharing and profit-sharing and may allow you to start investing earlier. Keep in mind that, like a marriage, a partnership’s success or failure depends on the commitment and shared goals of the people involved. Who you choose may simplify or complicate the process and outcome.
  9. Keep your emotions in check.
    From finding the right property to dealing with adversity in an income-producing home, you must learn to keep your emotions in check. From the purchase to negotiating with tenants and partners can be sidelined by emotions. You’ll need a cool head and a laser-like focus on your plan to keep your new business profitable.
  10. Evaluate Risk & Reward.
    Any investment has risk and potential for reward. If you follow your plan and don’t make decisions based on emotion, you will reduce your risk and increase your chances for financial reward.

Follow these tips, and before you know it, you’ll have purchased your first investment property and be looking for your second!

Packing and Moving With Heart

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Packing and Moving With Heart

Packing and moving into a smaller space can be exciting and overwhelming at the same time. We’re grateful for organizations in our community like Downsize With a Heart who help with the entire process of packing and moving. They motivate us to be Realtors With a Heart! 

When we were introduced to Downsize With a Heart, a social enterprise of the Furniture Bank of Central Ohio, we knew that home buyers and sellers could use their services. They not only help you with the planning, packing, moving, and unpacking, they also help you donate items and help others. Really, it’s a win-win service. 

Don’t let packing take a toll on your life. If you want to learn more about how Downsize With a Heart can help you, contact us. Our team is proud to sponsor their mission. 

Pelotonia 2019 Wrap-Up by Patrick Florence

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CC-Love Out Loud ready for Pelotonia

I would like to thank all of you have supported Pelotonia this year.  It is such a great cause and a fantastic event.   

This year our team (CC-Love Out Loud, see below)  rode 45 miles from downtown Columbus to New Albany.  It is so incredible to see the level of support from riders, corporate sponsors, volunteers, communities with people lining the streets with posters and signs of loved ones that have been affected by cancer.   

Being my 3rd year riding, each year some there is something memorable that gets to me on the ride.  This year it was riding through Old Pickerington.  As we approached the small downtown are there were motorcycles that were parked all lined up.  As we rode through their owners reeved them up to a thundering roar over and over again in support of Pelotonia.  It brought chills over me as we passed by, it was soooo cool!!!  It was a perfect day for riding and reflecting on all the support our communities have and also reflecting on the ONE GOAL of Pelotonia-End Cancer.  Below is a little about our Group CC-Love Out Loud & Shut Up and Ride.  Thank you for your support!!

Greatest Team Ever - Pelotonia

CC – Love Out Loud is small team of riders that are riding in honor of a friend, educator, musician and an all around amazing person, Chris Collaros.  Chris for years has support our Pelotonia fundraising by playing music at our party.  He was always there, always willing, and always had a smile for a brother or sister.

Chris was diagnosed with stage 4 cancer last September and passed in April. He has impacted hundreds if not thousands of people from his students, colleagues and friends.  He is greatly missed.

He got involved with Pelotonia when we had our first party.  We started Pelotonia when Stacey’s friend Belinda was diagnosed with stage 4 breast cancer.  While fighting cancer she was training for the 1st Pelotonia.  She would tell Stacey to “Shut Up and Ride” when Stacey was whining.  She passed after the first Pelotonia.

So we were originally “Shut Up and Ride”, but we are honoring Chris this year and changed our name.  We hope that we will not have to come up with a new name because that will mean we lost another friend.

But that is why we ride!

ONE GOAL, Shut Up and Ride, Love Out Loud