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Alaskan Rentals, What investors should know about Eagle River
Wednesday, December 10, 2008
By ericbushnell
Do you work with investors? Eagle River Alaska is a great place to own a rental. In our current economic times, buyers are trying to decide whether they should purchase a home or rent. In our area the vacancy rate is 5-6%, and homes rent for approximately $1.00 to $1.20 per square foot.
Military personnel moving to Fort Richardson and Elmondorf AFB are here for 3 to 4 years. In the past they have purchased because of the movement in the market. Now many are looking to rent. They do not think that home prices will rise enough in 3 years that they will be able to sell their home and not have to pay.
For each listing I have 3 out of 4 calls ask if they can rent. Alaska’s economy is fairly stable and land is scarce, we did not see the over building and speculation that other areas saw. Our housing prices are reasonable with the average home in Eagle River being priced at $315,000 for about 1800 sq. ft. townhouse style condos are priced from $218,000 to $235,000. There is a good mix of properties, with a few 4-plexes available in the Anchorage market, Eagle River has very few multi-family units.
If you know someone that is interested in this area call me and I can provide you with a brief overview of our community. If you would like to see the homes for sale, visit my website www.leerealtyalaska.com. We will pay referrals and I have have someone that can take video of a home for interested investors. Prudential Jack White/Vista Real Estate of Eagle River provides property management services for out of town investors, and property owners whom do not wish to manage their own properties.
Why do you work there?
Wednesday, December 10, 2008
By ericbushnell
Has anyone ever asked you why you work there? You know, where you’re currently working. They do know that you have a choice and that you choose to work there.
Or do you? I mean do you realize that you have a choice? We make choices in life everyday. Sometime we choose to make changes and many times we choose not to act. The later is sometimes the most prudent. However when it comes to you place of employment, non action can come from fear, fear of change.
What if you make a bad decision?
What if it goes wrong?
What if you do not fit in?
What if ……..
This is important to understand; the only person that can make you successful is yourself. Without personal motivation, having someone else kicking you in the butt will not make you hugely successful.
What is important is making sure that you work in a place that has like kind people, people that understand their success starts with themselves. A great benefit of a workplace is the sharing of ideas, and this only happens in an environment where no one fears their co-workers because of competitiveness.
This is why I have only worked for one real estate firm, Prudential Jack White/Vista Real Estate of Eagle River. The Realtors in this office work in harmony with each other. If you have a issue any one of them will stop what their doing and assist you. Don’t get me wrong sometimes they do compete with each other, but they compete as family members would. The competition is fair and fun. These Realtors are wonderful and my success is because I was not afraid of change. I left a career that I had been in for 10 years and it was the right choice.
Someone gave me advice one day, and I think it was the best advice I have ever received. It was simple and it was right to the point, and yes, it came from my father-
“ Do not fear the decision, just choose the direction you wish to go and don’t look back.”
I am wandering here, or so it would seem, but my point is this, why do you work there?
If you can not give yourself a good answer, give me call. Prudential Jack White/Vista could always use another energetic, smart, competetive realtor. Don’t be afraid of change.
Displaying blog entries 1-3 of 3
