Home Financial Modeler
by Pinnacle Paradigms Inc.
Postings
HFM House Hunting Tip #4 – Kitchens and BathroomsMar 21, 2022
The most expensive rooms to repair or renovate are kitchens and bathrooms. When reviewing a home, give extra attention to these rooms to avoid expensive future repairs. Keep a list of your findings and be suspicious of:
* Low water pressure,
* Leaky faucet,
* Slow drainage,
* Quality and condition of cabinets, appliances, and flooring.

Use Home Financial Modeler to organize your house hunting. Build financial models. Include photos, and notes. Rate neighbourhood amenities, and compare the properties you viewed to determine the best fit for your family.
HFM House Hunting Tip #3 – Storage SpaceMar 19, 2022
Clutter can be annoying, or it could hide serious problems and be a fire hazard. Ensure your next home has sufficient storage space. After the closing, consider working with an Interior Decorator to enhance your home’s livability and storage capacity. When looking for your next home, use Home Financial Modeler to organize your house hunting. Build financial models. Include photos and notes. Rate neighbourhood amenities and compare the properties to determine the best fit for your family.
HFM House Hunting Tip #2 – Level FloorsMar 12, 2022
Is the floor slanted? That might be a sign the house has structural problems and the services of a Property Inspector may save you from future headaches. At the least you’ll understand the situation and any potential costs to address it. Use Home Financial Modeler to organize your house hunting. Build financial models. Include photos, and notes. Rate neighbourhood amenities, and compare the properties to determine the best fit for your family.
HFM House Hunting Tip #1 – LocationMar 8, 2022
Many things can be changed after you purchase your new home, but not its location. Pick locations that meet your family’s needs (e.g. schools, shopping centers, parks, or a quiet street). While house hunting use Home Financial Modeler to build financial models including a desirability rating of neighborhood amenities to determine the best fit for your family.
Is “For Sale by Owner” the right path for me?Mar 8, 2022
An agent understands the market, makes competitive list price recommendations, understands the paperwork and legalities, has experience negotiating for the best price, and removes the emotional component when interacting with potential buyers. Selling the property on your own means you take on all those responsibilities. Regardless of the path you choose, use Home Financial Modeler to set your list price, understand renovation and sale costs, and your forecasted sale profits.
Get the best price when selling your home!Mar 7, 2022
Selling your home is selling a piece of property as well as an image and a lifestyle. Work with a professional to help you identify minor remodeling and staging strategies that will get you the best price. Use Home Financial Modeler to set your list price, understand renovation and sale costs, and your forecasted sale profits.
Determine your property investment strategy!Mar 4, 2022
Should you:
* Buy and move in,
* Buy and rent,
* Buy and flip, or
* Buy and hold long-term?
Each strategy has its pros and cons. Make sure you fully understand the strategy that works best for you. Talk to professionals, and use Home Financial Modeler to understand, renovations costs, monthly carrying costs (e.g. utilities), potential rental income, and your forecasted sale profits to determine if you can afford the investment.
Having trouble getting into the real estate market?Mar 2, 2022
Renting part of the property can help offset your costs. Don’t miss your opportunity to get into the market, but use a combination of professionals and Home Financial Modeler to understand one-time closing costs, renovations costs, monthly carrying costs (e.g. utilities), potential rental income, and your forecasted profits to determine if you can afford the investment.
Considering flipping properties?Feb 28, 2022
Flipping can be a risky investment for the inexperienced. Accurate estimates of repairs and costs and vital. Don’t miss your opportunity to become an investor, but use a combination of professionals and Home Financial Modeler to determine if you can afford the property’s carrying costs and your best return on investment.
Should you invest in real estate?Feb 25, 2022
For almost a decade real estate has significantly outranked stock as the top investment choice. Don’t miss your opportunity to become an investor, but use a combination of professionals and Home Financial Modeler to determine if you can afford the property’s carrying costs and your family’s best return on investment.
Does “Work from Home” open real estate possibilities?Feb 23, 2022
Work from home strategies have enabled moving out of the costly city and into affordable areas. Don’t miss out on the market, but ensure you can maintain your family’s lifestyle by using Home Financial Modeler’s Livability Model to determine if you can afford the property.
Investing in real estate across the border?Feb 18, 2022
Remember laws, regulations, and taxes differ between countries, states, and provinces. Be educated and use a combination of professionals and Home Financial Modeler. With the simple poke of the US or Canadian flag Home Financial Modeler works with the rules of the selected country and state/province, enabling you to determine your best return on investment.
Are real estate prices increasing or decreasing?Feb 15, 2022
House prices aren't forecasted to decline, but price growth through much of 2023 is expected to be slower. However, many locations across North America don’t follow national trends. Understand the location you are targeting by using a combination of professionals and Home Financial Modeler to determine the appropriate list price to sell, or if you can afford the property’s carrying costs on a purchase to determine your family’s best return on investment.
Real estate or stocks, hmmmm?Feb 14, 2022
With stocks the invested amount is equal to the same value in securities, but real estate leverages the full market value of the property based on a down payment. Use a combination of professionals and Home Financial Modeler to determine if you can afford the property’s carrying costs and your family’s best return on investment.
Planning to become a landlord?Feb 10, 2022
Rental properties can generate positive cash flow, but don’t ignore the risks in handling repairs or managing rentals. Professional real estate agents and property managers can be a major part of your success. Use a combination of professionals and Home Financial Modeler to understand one-time closing costs, renovations costs, monthly carrying costs (e.g. a property manager), rental income, and your forecasted profits to determine if you can afford the investment.
Invest in real estate!Feb 8, 2022
Buying stocks means you own a tiny piece of an asset you don’t control. Investing in real estate provides you with a physical asset you do control. Use Home Financial Modeler to create financial models including one-time closing costs, renovations costs, monthly carrying costs, and your forecasted profits to determine if you can afford the investment and your family’s best return on investment.
Thinking about flipping houses?Feb 7, 2022
There’s definitely money to be made. However, flipping houses can demand a lot of money, leading to cash flow problems. Use Home Financial Modeler to create financial models including one-time closing costs, renovations costs, monthly carrying costs, and your forecasted profits to determine if you can afford the investment and your family’s best return on investment.
Real estate investment requires research.Feb 4, 2022
Real estate can't be cashed in quickly, so it isn’t a solution when you're in a bind. Before entering into a long term commitment use Home Financial Modeler to determine if you can afford the property’s carrying costs and your family’s best return on investment.
HFM grows with your property investment needs!Feb 1, 2022
Today you buy local properties. Tomorrow properties anywhere in North America. In the future you invest with a partner. Then you become a real estate pro and want your customers to have branded reports. Home Financial Modeler’s features grow with you.
I want to retire a millionaire! Don’t you?Jan 31, 2022
Real estate can be a huge contributor to your investment portfolio. The appreciating value of your property leverages your investment plus the lender’s money (as your mortgage). Don’t miss out on the market, but protect your family from becoming mortgage poor by using Home Financial Modeler’s Livability Model to determine if you can afford the property and maintain your family’s lifestyle.