renovation

Gerald’s Real Estate Tip of the – Week of 7/16/19

Confirm contractor availability to work before you commit to buying a property that needs extensive renovations.

Gerald’s Real Estate Tip of the – Week of 7/9/19

Line up multiple potential funding sources beforehand as you plan a property rehab or renovation.

Gerald’s Real Estate Tip of the – Week of 6/25/19

When you estimate holding costs for a property rehab, consider estimated renovation time as well as the time required to sell the property.

Gerald’s Real Estate Tip of the – Week of 6/11/19

Demand an itemized breakdown of renovation costs from a general contractor rather just an overall estimate for an entire home rehab project.

Gerald’s Real Estate Tip of the – Week of 2/5/19

Most of the best real estate deals will involve properties that are in need of repair. In order to capitalize on these rehab deals, you or someone you work with will need to know how much time and money are required to renovate these properties.

Gerald’s Real Estate Tip of the – Week of 10/23/18

Leave room for unexpected expenses when you rehab or renovate a home – it always costs more money than you think it will.

Gerald’s Real Estate Tip of the – Week of 10/16/18

Before you renovate an apartment or house have the occupants move out–the renovation will go smoother and take less time.

Performance Property Real Estate Question

3 Rehab Prep Musts To Save Time & Cut Costs

Q: Gerald, I just bought my first rehab. Do you have any tips to help me? Ernie, East Rutherford, NJ A: Every day you own the property that isn’t generating income, it is costing you money, specifically holding costs like interest, property taxes, insurance, utilities etc. Here are 3 rehab preparation tips that’ll save you time and cut costs: 1. Before you buy, get contractors lined up with a solid contractor agreement with payments tied to completion of milestones so they can begin work immediately after you close. 2. Apply for construction permits and utility service early-before the rehab starts if possible. Be very nice to gatekeepers that can speed up or delay your rehab project including people who work […]

Gerald’s Real Estate Tip of the – Week of 8/14/18

Make sure you have a generator available before you close to buy a rehab property so you can immediately start renovating even if the power is not yet turned on.

Testimonials

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Vaughn | Westfield, New Jersey

“Good afternoon, Gerald, I appreciate you for staying consistent and helping me with my mortgage lender for the last few months. The free guide you gave me helped us figure out the right path to take. I finally got all the money to make my loan current by the end of the week.”

Stephen Brunson | Plainfield, New Jersey

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Mary Elizabeth Robinson | Wilmington, Delaware

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Berkis Castro | Clifton, New Jersey

“Thank you so much for helping me. My property was haunting me for quite sometime. We tried for so long to sell but couldn’t. My family and I never thought we would resolve this problem so easily, but you facilitated the whole process and made it swift and painless. We can’t thank you enough for this.”

Sal Rizzo-Cascio | Jersey City, NJ

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Bridget Hieronymus | Jersey City, New Jersey

“I was not able to pay my mortgage and the Bank started the Foreclosure proceedings against me. I spoke with Performance Property about their process and they gave me hope. They were very diligent and did all the negotiations on my behalf. They were very professional, sincere and hardworking. I would recommend Performance Property’s services to anyone.”

Samuel Manoharan | North Bergen, New Jersey

“My family and I want to thank you so much for helping us. You did an outstanding job negotiating with our bank and keeping us informed. Thanks to your help, I now have more money to pay down bills and repair my credit.”

Marko Shafik | Bayonne, New Jersey

“If you find yourself in my situation, I highly recommend Performance Property. Always attentive, thoughtful and understanding, Performance Property will keep you informed every step of the way and will not rest until the job is done.”

Sean Daughtry | Jersey City, New Jersey

“As I began my morning today, I came to the conclusion that it was the dawn of a brand new start for my family. The burden is finally behind us. I have you to thank for that. You stuck by us, slogged through the swamp that is Chase Bank, put up with my constant questions and anxieties. I wondered if this day would come and lo and behold, it has. If good karma is to be had, I think you hit it big today. I am profoundly grateful for your hard work that has truly made a difference in our lives. We can now move forward with rebuilding our lives focusing upon a renewed perspective of what the important things in life are. Thank you again for your time and dedication.”

Melinda | Bayonne, New Jersey

“Thank you so much for all your help. I feel a huge weight has been lifted. The experience and knowledge that Performance Property provides is invaluable. In every step of the process, you were extremely courteous and professional. Thank you again.”

Gita Gorji | Hoboken, New Jersey

“Our loan modification was finalized. Got all the documents. Even got legal documents stating that foreclosure proceedings were cancelled. Our rate went from a 4.75 to a 3.4 and our mortgage payment went down almost $200 a month. So all is good. Thank you so much.”

Crystal | Totowa, New Jersey

“Finally the bank called me and said that my loan modification was approved! I thank you so much for your help it really meant a lot to me...I really appreciate you. Thank you Thank you Thank you”

Camille Perry | Newark, New Jersey

“Hey Gerald wanted to give you a heads up that they offered me a loan modification. Thanks for all your help!"

Robert Evans | North Arlington, New Jersey

“I appreciate everything you were able to do with my lender, I am immensely grateful to you."

Carol Cunningham| West Orange, New Jersey

“Thank you so much for your help, Gerald. I feel like a huge weight has been taken off me."

Iradys Rivero| North Bergen, New Jersey

“At this point, Gerald, you are the only person I can trust. I appreciate all your efforts to assist me."

Deborah Dowe| Plainfield, New Jersey

“I want to thank you for helping me to get the courage to work on this problem because I didn't want to face it. Your help with the phone call to the mortgage company & other assistance was so appreciated. Thank you so much."

Evelyn Rudnicki | Rochelle Park, New Jersey

“I'm not trying to be a pain in the neck but I would like to thank you for your advice. I think things are going to work out for me. I did exactly what you told me and I think the mortgage company is going to work with me. I appreciate your advice. You are a Godsend. The world needs more people like you. Thank you and God bless you."

Jimmy Armstead | Roselle, New Jersey

“My mortgage problem is resolved. God bless you for all your help. You are a very good man, Gerald."

Virgilio Rodriguez | Paterson, New Jersey

“I followed the instructions Gerald from Performance Property gave me and I proved to my lender that I can pay back my mortgage.”

John Nikoe | Linden, New Jersey

“God bless you.”

Ravinder Thota | Jersey City, New Jersey

“My bank gave me a permanent loan modification. Thank you very much!!”

Jim Armstead | Roselle, New Jersey

“You helped me a lot more than the lawyer I hired. I should have gone to you in the first place. You were very kind. Thank you so much.”

Aileen Collucci | Little Falls, New Jersey

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Barbara Herbert | Union, New Jersey

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Amoy Frost | South Orange, New Jersey

“Thank you very much. I appreciate all your help.”