Use These 4 Organization Tips To Make Your Moving Day A Breeze

What is the best way to prepare yourself for a big move? The easy answer: hire someone to take care of every detail for you. Realistic answer: start early and make use of these tips so that you can schedule a spa day after it’s over.

1. Take Notes the Old Fashioned Way
Create a file for notes, business cards, receipts, warranties, contracts and more. Digital is perfect for backing up important documentation, but you won’t always have a scanner and internet connection handy on moving day.

You can go the old fashioned, notebook way before you move. You should start making notes after the buyers tour the house for the first time. The file is also there for your agent’s reference and your CPA will thank you come tax time.

2. Organization is Key
Purging is a good way to get rid of unwanted items so you don’t unnecessarily haul them to your next home. The mere thought of going through the boxes in the garage, attic or storage room sends most people into a state of sheer panic. If you’re packing for a move, the best way to reduce the organizing effort is to eliminate unnecessary stuff.

A yard sale is one way to check off two significant to-dos from your pre-move checklist. You will start by organizing items in your home, and then get a bulk of those unwanted odds and ends off your hands when you sell them.

The bonus is that you acquire some extra money to finance your move.

3. Labeling is your Best Friend
Label every box and bag with the type of items that they contain before taking it with you to the new address. You’re not going to remember what is in that black duffel bag during the height of activity on moving day. Print out labels for every box in bold lettering so everyone can easily read the contents or intended room.

Take labeling one step further by labeling the rooms of your new place. Print out, or write clearly on plain paper, which room is which. Then tape the sign to the door or entryway. Dining rooms, offices and bedrooms all look the same to the movers.

4. Last in First Out
Adopt the accounting term LIFO (Last in First Out) for your move. This applies to raw materials or inventory. Your most essential items should be the last ones in and first ones out of the moving van. Sheets, towels, toiletries, cleaning supplies or toys are frequently the particulars that get lost, yet are in highest demand post-move.

Looking for more information on how to make you move as painless as possible? Contact me for more helpful tips!

 

Heidi Logan is a real estate agent in Center City Philadelphia.
Copyright© 2017 / All Rights Reserved
www.HeidiLogan.com

The Residences at the Ritz-Carlton: Buy Now Pay Later

For a limited time, The Residences at the Ritz-Carlton is offering buyers the opportunity to purchase a unit now and close at a later date.  For buyers currently in a lease or who have a home to sell first, this may be the perfect solution.  Those relocating to Philadelphia within the next year will also benefit from the program.

With only 32 residences remaining, the developer inventory at the Ritz will soon be sold out.  Now is the perfect time to secure your new home along with one of the parking licenses also available, but selling out quickly.

The Residences at the Ritz-Carlton offers one, two and three bedroom units ranging from the mid-high $700s to $14M for their breathtaking 9,500 sq ft penthouse.

For more information contact me to schedule a tour.

Heidi Logan is a real estate agent in Center City Philadelphia.
Copyright© 2017 / All Rights Reserved
www.HeidiLogan.com

5 Tips For Exploring A New Community

Whether local or long-distance, moving can come with all sorts of anxiety. The packing, the truck, the displacement of your possessions, the interruption in your routine, all of it can make getting used to a new environment exhausting.

While packing and logistics can be simplified by hiring professionals, acclimating to a new surrounding requires a hands-on approach. Here are a few tips to help see you through:

  • Tip #1: Do your research.  Thanks to the internet you can get a pretty good idea of what an area is like from the palm of your hand. Try seeking out local resources such as a community Facebook page to find out what events are happening in your new neighborhood. Use this opportunity to mix with the locals.

    Second, look up a pizza place on Yelp, read the reviews, then go.  Don’t order to-go, stay for the entire time it takes you to eat the pizza. You’ll get a feel for the regulars and maybe pick up on local gossip.

    Tip #2: Start talking. While you’re having pizza, ask the server or bartender about their favorite places. No one knows more about local hotspots then a server or bartender. Plus, they can tell you which places to avoid.

    Tip #3: Think hashtags. Query the community’s hashtag on Twitter or Instagram. This method will produce results related to events, or people who could be your new friends or neighbors. If you see a park or an event that interests you, check it out.  You’ll likely encounter people with the same interests as you.

    Tip #4: Reach out to people. Use your current network to build a network in your new neighborhood. Friends of friends are an excellent resource for the local perspective — hair stylists, doctors, veterinarians, schools, neighborhood vibes, and so on. Not everything you want to know about a community is going to be on the internet.

    Tip #5: Get your pet’s insights! Saving my favorite for last: walk a dog.  Dogs are the most social of animals and tend to like long walks in their immediate vicinity. If you’re a dog owner, great, you have a built-in community explorer at the end of a leash. If you don’t have a dog, borrow one. Contact a community outreach person who fosters dogs and volunteer to walk a dog in need. You’ll gain a unique perspective on the territory while giving back at the same time.

Whichever way you decide, follow up with action. Getting out and about physically is the fastest and most efficient way to understand and appreciate your new neighborhood.

If you are making a move to or from Philadelphia, contact me for local information and helpful resources.

agent_photo_120_1476534012Heidi Logan is a real estate agent in Center City Philadelphia.
Copyright© 2017 / All Rights Reserved
www.HeidiLogan.com

Looking For A Rental in Center City?

The Packard Grande
111 S 15th St #1510
1Bed/1Bath Condo For Rent – $1,850/mo

To View The Full Listing – Click Here

Live in the heart of Center City!

Conveniently located near Suburban & 30th St Stations

Steps from Philly’s best restaurants, shops & entertainment

111 S 15th St Unit 1510_11 2

Elegant and spacious living room with new floors and fresh paint.


111 S 15th St Unit 1510_9

Large bedroom with a walk-in closet


111 S 15th St Unit 1510_20

Building amenities include roof top lounge with views of the city skyline, fitness center, business center and 24hr concierge.

To make an appointment to view this home, email hlogan@HeidiLogan.com or call 215-268-7698 today!

Heidi Logan is a real estate agent in Center City Philadelphia.
Copyright© 2017 / All Rights Reserved
www.HeidiLogan.com

Featured Listing in Old City

Bridgeview Place
315 New St #415
1BD + Den w/ 2 Full Baths – $300,000

To View The Full Listing – Click Here

Bright & sunny condo at Bridgeview Place in Old City

One of the largest floor plans in the building – 1,034 Sq Ft.

Easily converted into a 2BD/2BA

living room 2

Elevated kitchen offers a formal dining area while maintaining an open layout.


315 new st. #41564

Spacious master bedroom featuring oversized windows and en suite master bath.


kitchen 3

Stop by our OPEN HOUSE this Sunday 12/3 from 11am-1pm.

To make an appointment to view this home, email hlogan@HeidiLogan.com or call 215-268-7698 today!

Heidi Logan is a real estate agent in Center City Philadelphia.
Copyright© 2017 / All Rights Reserved
www.HeidiLogan.com

Philadelphia’s Top Sales for Q3

It’s unanimous.  Carl Dranoff’s luxury condominium, One Riverside dominated Philadelphia’s high-end sales market last quarter.  Four of the 5 highest sales from July-September were 3 and 4 bedroom units sold at One Riverside with prices ranging from $3.6M and up.

One Riverside is located at 210 S 25th St in Fitler Square.  The building offers high-end amenities including a state-of-the-art fitness center with 60′ lap pool, a chauffeur-driven house car, underground valet parking and a full service kitchen in the outdoor lounge.  Residents also enjoy a 10-year tax abatement.

OneRiverside-22

There was only one sale that topped One Riverside last quarter — a 4,500 sq ft residence at The Estate Homes at Parc Rittenhouse.  The Estate Homes offer a rare opportunity for buyers to build custom homes at the Parc Rittenhouse condominium in Rittenhouse Square.  Some of the homes will overlook the park and range from 1,000 to 15,000 sq ft.  A limited number of these opportunities remain.

Parc-Rittenhouse-9

*statistics pulled from TrendMLS

If you would like information about buying or selling a home in Philadelphia, contact me for a complimentary consultation.

Heidi Logan is a real estate agent in Center City Philadelphia.
Copyright© 2017 / All Rights Reserved
www.HeidiLogan.com

Going Condo? How To Evaluate The Cost Of A Parking Space

When you buy a new condo, you may have an opportunity to purchase one or more parking spaces which can be an good investment. Not only do parking spaces appreciate just like real estate in dense urban areas, but having parking available can also make it easier to sell your condo.

These questions can help you evaluate the value of a parking spot:car-2194014_1920

  • How long will I own this home, and what would it cost to rent a space instead?
  • What are the condo fees for the space?
  • Can I self-park, or do I have to call for my car?
  • Is the space available to me 24/7?
  • Will my space be covered or uncovered?
  • What additional property taxes will I pay?
  • Are there business-district fees?
  • Can I sell the space separately from my condo, and does the buyer have to live in the building or in a particular neighborhood?
  • If I don’t need the spot, can I rent it? What are spaces renting for and how strong is demand for them?
  • Are there any public-transportation projects slated for the neighborhood that could reduce future demand for the parking space?
  • Who’s responsible for repaving and other maintenance?
  • How is the space secured: gate, manned booth, cameras?
  • Location always counts in real estate — is my spot close to the elevators and close to the entrance to the lot?

A local agent will be able to help you accurately answer these questions

If you have questions about buying or selling a home, contact me for a no-obligation consultation.  I’m glad to discuss your real estate needs.

Heidi Logan is a real estate agent in Center City Philadelphia.
Copyright© 2017 / All Rights Reserved
www.HeidiLogan.com

3 Ways to Protect Your New Investment Property

Purchasing a rental property can be a great way to diversify your investments while still building wealth. Most people who go this route choose to buy a rental home or a multifamily duplex, quadplex or apartment building, all of which have the potential to be extremely profitable down the road.

However, owning multiple properties and entering into a tenant—landlord agreement can open you up to all sorts of financial problems down the road. Because of this, it is important to take steps towards protecting both yourself and your new investment property. Keep reading for tips on how to keep yourself safe.

1. Double Check Your Liability Insurance Limits 

As your net worth increases so does your potential for liability. In addition to protecting your investment property, you will want to make sure that you protect your growing wealth.

While everyone hopes that they will not run into legal trouble, you will want to make sure all of your assets are protected in the unfortunate event that someone files a lawsuit against you. Make sure that you have an umbrella liability policy that is at least equal to your growing net worth (your net worth being the sum of all of your assets, both liquid and illiquid.) An umbrella liability policy is typically not very expensive, but it can save you from massive bills down the road, making it well worth the small initial investment.

2. Consider Forming an LLC or Corporation 

If you have a significant amount of money in an investment property or properties, consider forming an LLC or corporation that can take ownership of the property/properties for you. This can help to protect your personal assets in case an unhappy renter decides to enter into a lawsuit with you. They will be able to sue the LLC, but not you personally. This can be a good way to protect your investment properties as well as yourself from financial damages.

3. Hire a Property Manager

If you lead a busy lifestyle, you might not have time to actively manage your investment properties. If that is the case, it is usually a good idea to hire a property manager to oversee your rental properties. The property manager will charge a fee for their services, usually a percentage of the rent, but their services are worth it.

Your property manager can help with the day-to-day management of the property, including collecting rent, overseeing repairs and finding new tenants. Their active involvement can help to keep tenants happy, which will help you keep the property occupied and minimize the damages caused by disgruntled renters.

If you are considering purchasing an investment property, keep these 3 tips in mind before, during and after you make your purchase. They can help to protect both your property and your bank account.

Contact me if you would like more information about investing in Philadelphia.

Heidi Logan is a real estate agent in Center City Philadelphia.
Copyright© 2017 / All Rights Reserved
www.HeidiLogan.com

Should You Buy Your Retirement Home With Cash?

Maybe you’ve just sold your home and you’re ready to buy your retirement home. Or perhaps you’re purchasing a second home where you’ll eventually retire.

Either way, you have enough money to pay for your retirement home in cash. But should you?
Here are few issues to consider:

You’ll tie up your liquid assets.

Paying cash for a home ties up a large lump sum in one place (until you sell the property). Will you have enough cash on hand to cover your retirement, emergencies and the monthly and annual expenses for your new home?

Will you want cash to pay for your children’s future expenses, including advanced degrees, weddings or the downpayment on their first home? Will any older relatives need help paying for their living costs?

You may be able to get a deal.

Paying in cash can give you the leverage to bargain and move your purchase offer to the front of the line.

Sellers like cash offers because they don’t have to worry about you getting approved by a lender for a loan. Since the seller is benefiting from your cash payment, you can ask for items that will benefit you, such as home repairs, a home warranty or seller contributions toward your closing costs.

You don’t have to go through the hassle of getting a mortgage.

When you pay in cash, you don’t have to endure the sometimes aggravating and time-consuming process of securing a mortgage. A hundred things can arise during the lending process that will lead to you not getting a loan.

You’ll miss out on the financial benefits of a mortgage.

It may not seem like those monthly payments will do you any good. But making timely mortgages can help boost your credit score. If you’ve used the mortgage interest deduction to reduce your federal income tax bill, you’ll lose that benefit when you pay cash for your retirement home.

You won’t have mortgage payments.

Enough said. It’s hard to complain about not having to deal with that hefty monthly bill for 15 or 30 years. And if your financial situation changes, you won’t have a monthly mortgage payment hanging over your head.

You’ll own your place.

Owning your home free and clear can be mentally liberating.

Still unsure whether to pay cash or use a mortgage to purchase your retirement home? Contact me and we can discuss it further.

Heidi Logan is a real estate agent in Center City Philadelphia.
Copyright© 2017 / All Rights Reserved
www.HeidiLogan.com

6 Tips For Downsizing Effectively

Your home is a reflection of what’s important to you. Ideally, it’s a place that energizes you and serves as a restful base. No matter what the size of your home, it should be functional and comfortable, so having what you need is essential. What you choose to keep is about living well and controlling how you spend your time and resources.

As you prepare for a move to smaller space, keep these 6 tips in mind:

1.  Give yourself time: Many experts recommend 3 months. Only you know your schedule and how much organizing you’ll need to do; just be sure to start well ahead of time, downsizing will likely take longer than you expect.

2.  Take inventory and assess your needs: Make sure there’s a purpose for everything you have. There’s a terrific book called Spark Joy by Marie Kondo.  In the book, Marie recommends you only keep items that bring you joy.  When deciding which items to bring to your smaller space, ask yourself does it serve a purpose? does it spark joy?

3. Cut back:  If it’s broken or stained, get rid of it.  If its been stored for years, get rid of it.  If you have two or more, get rid of it.  Get the picture? Don’t overthink and keep it simple.

TIP:  If you’re keeping something to give to someone “someday,” do it now! Your new best friends are:
Ebay
1-800-got-junk
Craigslist
Facebook.

4.  Look for storage options: Always look for quality over quantity. Furniture that does double duty as storage is excellent for smaller spaces. Consider ottomans that open for storage, and chests and tables with drawers or storage areas.  Don’t go out and buy a lot of plastic storage containers — they just create more clutter.

5.  Measure your furniture: Before the move, measure all of the furniture you plan to take, to insure that it will fit the new space. This will help you decide on whether to keep different pieces.

6.  Move large items first: As the move commences, start with the large pieces and get them situated in the space. This gives you an accurate idea of how much space you’ll have for smaller items, and may lead you to eliminate more stuff.

Try not to bring things along to “sort out later.” Later can be very elusive, as you know.

Whatever the circumstances may be that are leading you to downsize, it can be a very positive time. Reduce the stress you may feel by giving yourself time and listening to yourself. Be realistic about your needs, but don’t deprive yourself. Your home should be a comfort, so if you really need that painting that you did in 8th grade, by all means bring it.

If you are thinking about downsizing to a smaller home, contact me for a complimentary consultation.  I would be glad to discuss your real estate needs.

agent_photo_120_1476534012Heidi Logan is a real estate agent in Center City Philadelphia
Copyright© 2017 / All Rights Reserved
www.HeidiLogan.com