Investment tips

Investment tips

There are currently 38 blog entries related to this category.

2024 Real Estate Mythbusting for Jean-Luc Andriot blog 042624 

Myth 1: I should wait to move until mortgage rates fall. 
Reality: While experts say rates will come down, trying to time the market is not a good strategy.
Working with a pro for expert advice is.

Myth 2: I'll get a better deal once prices crash. 
Reality: Prices aren't falling. Data show they are rising, just at a slower pace.
So, waiting may actually cost you more in the long run.

View short video here

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6 Strategies to Save on Home Insurance Premiums for Jean-Luc Andriot blog 040224

From wildfires to floods, the past few years have brought a historic number of devastating climate and weather events to the United States. In 2023 alone, there were 28 individual weather-related disasters that caused at least $1 billion in damages each.1

These events triggered a huge influx of home insurance claims, and analysts expect the increase in both catastrophes and claims to continue. Adding to the problem, construction labor and supply costs have risen, making it more expensive to repair affected homes. Consequently, home insurance rates have surged: In 2024, Bankrate reports, premiums are already up an average of 23%, following double-digit increases the previous year.2,3

In disaster-prone regions, the situation is even more

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January 2024 - MVP - New Year, New Home for Jean-Luc Andriot blog 012624"

Buying a home in 2024? Here are 5 steps to take now.
We can help you get started with a free consultation.

1. Check your credit score
2. Shop for a mortgage
3. Set a budget
4. Make a list of the features you care about most
5. Find a real estate agent you trust

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January 2024 - Jean-Luc Andriot - 5 Tips to Save on Homeowners Insurance for Jean-Luc Andriot blog 011224

Has your homeowner’s insurance premium gone up?

Rates have risen across the country, but these five tips can help you cut costs.

1. Comparison shop each year to make sure your price is competitive

2. Bundle your home and auto policies to save on both

3. Consider raising your deductible to reduce your premiums

4. Make your home more disaster-resistant for lower rates

5. Invest in home security upgrades to get discounts

Ready to save?
Reach out for a referral to an insurance broker who can help you shop around for the best rate.

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October 2023 - Jean-Luc Andriot - Blog Post Image for Jean-Luc Andriot blog 100223

If the thought of investing your money into brick and mortar—or perhaps some stylishly-painted siding—excites you, join the club.

Investing in real estate has long been one of Americans' favorite ways to grow their wealth. In fact, over 70% of single-family rental properties are currently owned by individual investors rather than corporations, according to Census data.1

Moreover, a decade's worth of Bankrate surveys has found that Americans often prefer real estate for long-term wealth building over other investments. According to Bankrate's latest survey, for example, Americans have historically embraced real estate, in part, because of the strong return on investment it can offer—especially to investors willing to stick with a property over

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July 2023 - Jean-Luc Andriot - Blog Post Image for Jean-Luc Andriot blog 070723

Does your current home no longer serve your needs?

If so, you may be torn between relocating to a new home or renovating your existing one. This can be a difficult choice, and there’s a lot to consider—including potential costs, long-term financial implications, and quality of life.

A major remodel can be a major commitment. From hiring contractors to selecting materials to managing a budget, it can take a tremendous amount of time and energy—not to mention the ordeal of living through construction or relocating to a temporary residence.

On the other hand, moving is notoriously taxing. In fact, in one survey, 40% of respondents viewed buying a new home as ”the most stressful event in modern life.”1

So which is the better option for you?

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June 2023 - Jean-Luc Andriot - 5 Benefits of Homeownership for Jean-Luc Andriot blog 062623Owning your own home is a huge accomplishment — and it also comes with significant benefits. As a real estate agent in beautiful Boca Raton, FL, I understand the allure of homeownership. Owning a home offers numerous advantages that go beyond the simple satisfaction of having a place to call your own. In this blog, I'll highlight five key benefits of homeownership.

Building Wealth: 
When you invest in a home, you're not just buying a place to live; you're also building wealth over time. Unlike renting, where your monthly payments contribute to someone else's mortgage, owning a home allows you to build equity. As you make mortgage payments, you gradually increase your ownership stake, giving you a valuable asset that can appreciate in value over the

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May 2023 - Jean-Luc Andriot - How to Become a Homeowner for Jean-Luc Andriot blog 050123

It's not easy being a first-time homebuyer right now. At the end of last year, housing affordability hit an all-time low.1

Additionally, mortgage rates have risen significantly since 2021, while inventory remains tight for many property categories, but especially for starter homes. Even lower-priced condos are harder to snag these days, as investors and downsizers muscle out first-timers by offering stronger, often cash-heavy bids.2

In fact, according to the National Association of Realtors, only 26% of last year's homebuyers were first-timers—the lowest share on record and down from 34% a year prior. This underscores just how steep a hill new buyers are facing.3 As a result, many first-time homebuyers are finding that they need to get creative or

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October 2022 - Jean-Luc Andriot - RE Terms Cap Rate for Jean-Luc Andriot blog 102722

Interested in investing in real estate? You’ll need to understand cap rates.
A property’s cap rate (or capitalization rate) is an estimate of its rate of return. To find a property’s cap rate, divide the net annual income you expect it to generate by its current market value.

Cap rates are a great tool for comparing properties, but they don’t tell the whole story! You also need to account for financing costs, management expenses, and more.

Are you searching for an investment property that will pay off? We can help! Contact us today for a free consultation.

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October 2022 - Jean-Luc Andriot - Blog Post Image for Jean-Luc Andriot blog 100422

Deciding whether to jump into the housing market or rent instead is rarely an easy decision – especially if you’re a first-time homebuyer. But in today’s whirlwind market, you may find it particularly challenging to pinpoint the best time to start exploring homeownership.

A real estate boom during the pandemic pushed home prices to an all-time high.1 Add higher mortgage rates to the mix, and some would-be buyers are wondering if they should wait to see if prices or rates come down.

But is renting a better alternative? Rents have also soared along with inflation – and are likely to continue climbing due to a persistent housing shortage.2 And while homebuyers can lock in a set mortgage payment, renters are at the mercy of these rising costs for the

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