Debunking the "sold as-is" myth
Live Love Durham Blog
by Kharmika Alston
1y ago
A home that was sold ‘as-is” where Kharmika represented the seller. I wrote in the agent remarks, what the seller’s preferences were instead. Buyers beware All homes are sold as-is in the State of North Carolina. Our is known as a caveat emptor state. Which is latin for “let the buyer beware.” In practice this phrase means the buyer is responsible for investigating the quality and suitability of the home they are buying. Sellers are required to disclose known defects of the property and the seller’s real estate agent is required to disclose material facts that they should reasonably know abou ..read more
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What Is Commercial Real Estate? 5 Things to Know
Live Love Durham Blog
by Kharmika Alston
1y ago
Commercial real estate is one of the most lucrative investments in today’s investor market. For this reason, it’s on the wish list of many investors. However, before running to purchase real estate, you need to know what you’re getting yourself into. But what is commercial real estate, and what do you need to know before investing your money? Unfortunately, most investors don’t know much about the real estate industry. In this article, we will help you understand more about commercial real estate. Read on below to understand more. What Is Commercial Real Estate?  Commercial Real Estate ..read more
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Learn more about the Triangle's #1 Haitian Food Truck and its Success during the Pandemic
Live Love Durham Blog
by Kharmika Alston
1y ago
Are you wondering where to find good Haitian food in the Triangle? Bon Fritay founders Dafney Tales-Lafortune and Andre Lafortune realized there was a dearth of Haitian food establishments in North Carolina, so they decided to combine their pursuit of entrepreneurship with their love for Haitian food.  From https://www.facebook.com/bonfritaytruck The dynamic duo serves "fritay" [pronounced fwee-tie], which is Haitian street food. Besides music, food is Haiti’s love language. It can take years to master the intricacies of cooking authentic Haitian food. Fritay consists of assorted fried d ..read more
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What Are the Advantages of Investing in Commercial Real Estate?
Live Love Durham Blog
by Kharmika Alston
1y ago
Following the ongoing pandemic, there have been lots of uncertainties revolving around the commercial real estate market. Nonetheless, the sector has registered tremendous growth as more commercial investors take the risk amid the tensions. Commercial real estate companies globally are incorporating technology to improve efficiency and recognize vulnerabilities at the portfolio and asset levels. Therefore, if you are looking to join commercial real estate but are hesitant due to the fear of the unknown, you are missing out on a lot. Read on to understand the benefits of commercial real estate ..read more
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10 Actionable Tips for Real Estate Investing Like a Professional
Live Love Durham Blog
by Kharmika Alston
1y ago
In 2020, first-time homebuyers accounted for 33% of the market. By becoming a real estate investor, you could find a great new source of passive income. You can achieve financial freedom and enjoy the wonders of owning your own business. Don't rush to get started just yet, though! Instead, read through these tips for real estate investing first. With these tips, you can invest in your new career without making costly mistakes. The knowledge you gather now can set you up for success for years to come. Ready to get your new real estate investing business off the ground? Get started with these 1 ..read more
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8 Essential Tips for Hiring the Best Commercial Real Estate Agent in Durham, NC
Live Love Durham Blog
by Kharmika Alston
1y ago
Owning a commercial property in Durham is an excellent way to generate rental income from businesses occupying the building. Before you consider a commercial property purchase, make sure you have the right real estate agent to help you find the right property.  Residential real estate agents can be easy to find. However, when looking for the right commercial property, you need an agent who is an expert in commercial buildings. They can help you locate and purchase a retail property that meets your needs and fits your budget.  What should buyers consider when looking for the best com ..read more
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Your Step-By-Step Guide to Buying Your First Commercial Property in Durham
Live Love Durham Blog
by Kharmika Alston
1y ago
Buying commercial property is one of the best business investments you can make. As with any investment, there's an upfront cost. However, real estate values (commercial or residential) typically increase with time.  If you properly manage, maintain, and update your property, it will continue to make money for you. You can also sell it for profit down the road. But how do you get started investing in commercial real estate? Is there anything you need to know in advance? We're here to answer your questions. Keep reading for a step-by-step guide on how to buy commercial property. 1. Define ..read more
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What this business consultant tells aspiring business owners and entrepreneurs
Live Love Durham Blog
by Kharmika Alston
1y ago
By Laurece West, Owner of Easily Creative The entrepreneur mindset The mind of an entrepreneur is that of a visionary, someone with a dream or a view of what can be better. Entrepreneurs have passions, ideas, and insights about what’s missing - things people need. They desire to serve, to use their gifts and talents. Owning your business opens the door to having more freedom. There is no ceiling on how much money you can make. You can take time off for family or vacations without asking permission. No one can fire you or lay you off. You can do something you love and build your own security. T ..read more
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Working from home in a pandemic 101
Live Love Durham Blog
by Kharmika Alston
1y ago
I am late to the “work from home” club. As a very active residential and commercial real estate broker, my work is often done in the car, in a collaborative office team environment, in person and on site with my clients and my team of real estate partners, in my bed right before I fall asleep, or right as I wake up, or pretty much anywhere else.  In these situations, all I really need is my phone, laptop, and a decent wifi connection. Having a dedicated, organized, and welcoming workspace in my home has not been a priority until now.  Once we received stay at home orders for the vari ..read more
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Be your own community reinvestment act: how this Durham entrepreneur brings innovation to Walltown and beyond
Live Love Durham Blog
by Kharmika Alston
1y ago
The Community Reinvestment Act (CRA) is a United States federal law that was passed in 1977 to decrease discriminatory credit practices against low-income neighborhoods, infamously known as redlining, by encouraging commercial banks and savings associations that serve potential borrowers in communities where they are located. The CRA requires federal regulators to evaluate how well each bank fulfills its obligations to these communities. While I’m certain there is data to suggest community banks and other financial institutions are fulfilling this goal, anecdotal and qualitative accounts ..read more
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