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http://www.choosewagonwheel.com/

Wagon Wheel Properties, Charlotte, NC (2026)

02/12/2022

Being a landlord isn’t everything it’s cracked up to be…

It seemed like such a good idea at first — you’d own one additional property, manage tenants, and make some extra cash every month.

Why not?

But then it became EXTREMELY DIFFICULT to find trustworthy tenants… repairs got out of hand… and let’s not even get started on the yard work.

It’s frustrating and exhausting...

Fortunately, you are NOT out of options. Here are some things to consider…

Interview ALL Potential Tenants — If you want to keep your property, fix it up, and rent it out, we highly recommend creating an interview process to vet ALL potential tenants. Don’t take people at face value and don’t say “yes” out of desperation. Require proof of good credit and at least one good letter of recommendation.

Hire a Property Management Company — If you don’t want to manage the property yourself but you still want to own it and potentially make a little money every month, consider hiring a trustworthy property management company. The downside is that doing this will cut into your monthly profit. The upside is that a good property management company will handle repairs, finding tenants, and lots of other things.

Sell To a Professional Home-Buyer — Maybe you’re all together ready to quit being a landlord; we totally understand. If that’s the case, give us a call 704-420-8005. We buy houses fast for cash (we can close within just a few weeks) and we can even evict your tenants for you if you want to avoid doing that. Let’s chat!

02/11/2022

Trying to sell a home that is really outdated?

Time moves fast… the housing market and buyer expectations are no exception. Every year, buyers expect to purchase a home with the latest and greatest updates.

But naturally, you haven’t had time to keep up with all of those upgrades on your home… you were busy doing other things.

Still, now that you want to sell, you’re struggling to get as much attention as you’d like… and you’re probably struggling to get the price you want.

Here are some ideas to help…

Update The Main Stuff — When it comes to getting as much money as possible for your home, not all updates are equal. If you want to spend money and time updating your home, then start with the kitchen and bathrooms, then appliances, and give your home a fresh paint job. This will cost you a pretty penny, but will make your home far easier to sell for a hefty price-point.

Rent The Home — Tenants are usually less picky about the home they’re moving into than buyers are. Since they don’t own the home, they’re willing to look past outdated features. The downside is that tenants might not treat the home with as much respect as it deserves. But this is certainly an option if you have the energy and know-how to manage tenants.

Sell To a Professional Homebuyer — If you just want to sell your house fast and you have a lot of equity, then consider selling to a professional homebuyer like ourselves at Wagon Wheel Properties. We’ll buy your house as-is for cash and we can close in as little as two weeks. Give us a call at 704-420-8005 to get your offer!

02/10/2022

Want some tips for buying a home?

It’s an exciting time!

But it can also be a little overwhelming — what should homebuyers look for in a new home? How much can they afford? How are they going to coordinate the sale of their current home with the purchase of their next?

We’ve been working with homeowners in Charlotte, NC for a long time now… and we’ve learned a few tricks ;-)

So here are some tips for buying a home!

Save Up For a Down Payment — Getting a home loan will require a decent chunk of money as a down payment. The bigger the down payment, the less the monthly mortgage payments.

Calculate Monthly Mortgage Payment — It’s important to know how much the mortgage payment is going to be before making a commitment. Finding out is super easy! Just Google search for “Mortgage calculator”, enter the info, and estimate the monthly payment.

Check Credit — Getting a loan on a home will require at least decent credit.

Coordinate The Home Sale — Homebuyers will also need to sell their current home. It’s a good idea to coordinate this with a real estate agent to make sure that everything closes around the same time. If you want to sell quickly, as-is for a fair cash price, then give us a call at 704-420-8005 and we’ll be able to help you out!

02/09/2022

Thinking of downsizing? Want to live a bit more minimalist? Or maybe you’re preparing for retirement?
Here are tips for downsizing and getting rid of stuff that’s difficult to get rid of...
Start Early & Start Small — The more you procrastinate, the harder it’s going to be. You’re going to have to sell a lot of stuff, take a lot of trash to the dump, and do some packing. The sooner you get started, the better.
Sell Items On Craigslist & Facebook Marketplace — You can list your stuff for sale for free on Craigslist and Facebook Marketplace. You can also hold a few yard sales if you want. But don’t neglect the online platforms. If the price is right, things can sell pretty quickly. Make sure to get rid of any duplicate items you have and also sell items that belong to a room you won’t have in the new house (an office, for instance).
Avoid The ‘Maybe’ Pile — When figuring out what to keep, try to avoid the ‘Maybe’ pile. Force yourself to say ‘Yes’ or ‘No’ to each item and that will move things along much faster and stop you from second-guessing yourself.
Ask, “Does This Still Bring Me Joy?” — A neat little trick for figuring out whether you want to keep something is to ask this question. Does the item still bring you joy? If it doesn’t, you should
probably just get rid of it. You could also ask, “If I were buying this item new, how much would I be willing to pay for it?” If you wouldn’t be willing to pay for it, then that’s an indication it should go in the bye-bye pile.
Hope that helps! And if you want to sell your house quickly and easily, as-is for cash, give us a call — we’d love to make you an offer! 704-420-8005

02/08/2022

Dealing with termites? 😬

It’s a homeowner’s nightmare... ESPECIALLY if you’ve been thinking of selling your home.

Unfortunately, you can’t sell your home the traditional way if it has termite damage (not until the termites are killed and the damage is completely fixed).

But you CAN sell to a professional homebuyer like ourselves who buy homes as-is for cash (we can even close within a couple of weeks). If you’re interested in getting a no-pressure fair cash offer on your home, give us a call at 704-420-8005.

If you still want to go the traditional route, then the first step is to hire local pest control to get rid of the termites. Depending on how serious the damage is and how many termites your property has, this can cost anywhere from $500 to $2,500 — just call pest control to get a quote.

Once you’ve got rid of the termites, it’s time to fix the damage. You basically have two options when it comes to fixing termite damage…

Replace the damaged wood with brand new wood.
Add pieces of new wood to the damaged wood as support (beware that this might cause your house to not pass inspection, though).

The first option is your best bet for not running into more problems down the road. How much it costs will depend heavily on how much wood you have to replace. Feel free to give us a call if you’re wondering what the best next steps are for your situations 704-420-8005!

02/07/2022

Suspicious that tenants are smoking in your property?

Obviously, that can be a big problem. Consistent smoke inside your property will cause damage to the walls, carpet, furniture, and even some of the appliances. It’ll fog glass, leave residue on walls, and create a stubborn smell that’s difficult to get rid of.

We know… because we’ve worked with homeowners in Charlotte, NC who’ve had just this problem.

Fortunately, all is not lost.

While smoke damage causes serious problems — and the longer it goes on, the worse it gets — there are solutions.

Here’s what we recommend…

Double-Check Your Lease Agreement — Check to see whether your lease agreement specifies that the tenant is not allowed to smoke in the property. If it does, then it’ll be a lot easier to move forward with reprimanding your tenants or working to evict them. But before you do that, just speak with them.

Talk With Your Tenants — The best thing you can do is have an honest conversation with your tenants. Tell them that it’s obvious they’re smoking in the home because of the smell. And if your lease agreement forbids it, then mention that as well. Try to get them to understand where you’re coming from and you might be able to settle this problem civilly.

Consider Eviction — If your tenants lie or disregard your demands, then it’s time to consider evicting them. You can either serve the eviction notice to them yourself or have someone else do it for you.

Get Rid of Smoke Damage — One way or another, to maintain the value of the home, you’ll need to get rid of the smoke damage. That probably means a new paint job, fresh flooring, and maybe even updated appliances.

Or Sell The Home As-Is — Maybe this all sounds like too much hassle and you’d rather just cut your losses and sell the home as-is for cash. At Wagon Wheel Properties, we buy homes like yours as-is for cash and we can close in as little as two weeks. We’ll even help you deal with evicting the tenants! Give us a call at 704-420-8005 to learn more.

02/06/2022

Are your tenants disturbing the peace in the neighborhood?

That’s frustrating for a lot of different reasons.

First, it’s often indicative of a bigger problem in the home. There could be excessive substance use. Not to mention that those tenants might end up getting the police called on them.

And it’s also not good for your property — the more parties your tenants are throwing, the more that they’re shouting or playing loud music, the more stress that your property is taking.

As the landlord… what should you do?

Here’s what we recommend…

Investigate The Problem — The first thing you should do if you receive a noise complaint is to investigate the cause of the disruption. It might be something as simple as your tenants exercising at a weird time of day… or it might be something worse. You can’t know unless you speak with your tenants and try to find out what’s going on.

Speak With The Tenant — When you speak with your tenants, be honest with them about the noise complaint. Ideally, they’ll be honest with you about what might be causing it. But if they’re not being honest or they aren’t willing to cooperate, give them a few warnings and then move on to the next step.

Consider Eviction — If things don’t improve quickly, then it’s time to consider evicting the tenants. You’ll need to check your lease to see if there’s something in your lease that talks about disturbing the peace. If there isn’t, then you might consider contacting a local lawyer to better understand your options.

Or Sell The Home As-Is — If you’d rather just not deal with this messy situation, give us a call at 704-420-8005 and we’ll explain how we can help. We can purchase your home as-is for cash, close within just 2 weeks, and even help evict your tenants.

02/05/2022

Are you struggling to get a hold of your tenants?

You call, you text, you email… but they don’t respond?

It can be really frustrating to deal with tenants that don’t communicate with you about important matters.

At Wagon Wheel Properties, we’ve helped a lot of homeowners through this problem… counseling them on how to talk with their tenants and how to sell their home when tenants aren’t responding.

Here’s some of the advice we’d offer…

Try to Contact Your Tenant — if you haven’t already, then try to contact your tenant and give them a reasonable amount of time to respond. Call them and text them and then give it a few weeks to see if they reply.

Send a Letter — If you don’t get a response, then send a letter to the tenant and save yourself a copy of what you sent. If you have to evict your tenant or get into a legal battle, you’ll want to document this communication as much as possible.

Consider Eviction — If your tenant doesn’t reply to your letter after a few weeks, it’s time to consider eviction. You can evict the tenant yourself or hire a company to do it for you. The other option is to sell your property for cash.

Sell Your Property For Cash — We buy houses in Charlotte, NC for cash, as-is. We can close in as little as two weeks and we can even evict tenants for you. This is a great option if you just want to get rid of the stress of owning a difficult property. You can reach us at 704-420-8005 to get a fair cash offer.

02/03/2022

Thinking of upgrading to a tankless water heater? 🌊

Well, you’re not alone! Those are very popular among homebuyers and homeowners right now.

While tankless water heaters are more expensive than a storage water heater or a heat pump, they are also more energy-efficient and can save you money down the road.

Not to mention that homebuyers like to see tankless water heaters in the properties they’re considering buying.

But is it worth it?

The main pros are lower energy bills, a smaller footprint on the environment, immediate hot water supply, remote control through “smart” apps, and longevity (tankless water heaters can last 20+ years!).

The cons are the initial price tag ($800 to $1,500 is pretty typical), installation cost (which registers at about $2,000), and how long it takes to pay you back (it takes 21 to 26 years to recoup your initial costs!).

So if you’re planning to live in your current home for a long time, then it might not be such a bad idea to invest in a tankless water heater. It might not pay you back for a few decades, but the benefits of an instant hot water supply are immediate, which is nice.

However, if the plan is to move within the next year or so, then it’s probably not a great idea. When buying next time, just try to buy a home with a tankless water heater!

And if you want to sell your house fast, as-is, and for a fair cash price — without all of the typical hassle of the home selling process — then give us a call at 704-420-8005. We can help!

02/02/2022

How do you tell tenants that you’re going to sell your house?

This can be a difficult conversation to have… especially if you’re worried that your tenants will get upset or lash out after you tell them.

But we’ve worked with tons of different homeowners in Charlotte, NC and here are some helpful tactics for breaking the news to your tenants.

Be Open & Honest — Try to be as open and honest with your tenants as possible about what is going to happen. Will they have to move? Can they stay? When will they need to leave for showings? If your tenants are willing to cooperate, that will make everything a whole lot easier.

Get Clear About Their Lease — You’ll need to look at the lease your tenants have in order to figure out what’s going to happen to them. Do you want them to leave or are they allowed to stay? Be upfront with what is going to happen in this regard.

Ask For Their Cooperation — Be honest and simply ask for your tenant’s cooperation. If you’re reasonable and they’re reasonable, then it shouldn’t be that big of a deal and they should be more than happen to help you out.

Call Us If Things Get Dicey — Not all tenants are going to be pleased about this news, unfortunately. Some will even lash out and destroy your property. If things get out of hand, give us a call at 704-420-8005. We can buy your property as-is and even deal with evicting your tenants if necessary.

02/01/2022

Wondering what you need to fix up before selling your home?
Well, before you pick up the hammer, here are 5 renovations that RARELY give you a healthy return on your investment. Beware...
1. Plumbing Or HVAC — Buyers only really care about what they can see, so unnecessarily upgrading to PEX when you have functional plumbing or upgrading an HVAC unit that has been serviced and already works is probably going to cost you more money than it’s worth.
2. Bathrooms — According to Bankrate, most sellers who update their bathrooms only make back about half of what they spend. We’d recommend deep-cleaning instead and only replacing what absolutely must be replaced. It’s never a bad idea to recaulk and install a new shower curtain.
3. New Windows, Carpet, & Floors — Before you go replacing something, ask yourself, “Can I just clean it or polish it instead?” Usually, you can. Good thing, too. Because new floors usually cost more than they’re worth, new windows are silly unless your current windows are single pane or the seals have failed, and most buyers will put their own carpet in anyways.
4. Knocking Down Walls — You might reconsider knocking that wall down. It’s often less important to have a big living room or master bedroom and more important (for re-sale value, at least) to have multiple bedrooms.
5. Replacing a Bathtub With a Gorgeous Walk-In Shower — It’s extremely unlikely that this will make you money. Extravagant renovations rarely pay off (many buyers prefer functional and clean over extravagant). Plus, if any potential buyers have kids, then they probably would have preferred the bathtub, anyways.
Instead of spending time and money on the above renovations, try a fresh paint job, professional photos, a mowed lawn, and a sparkly clean interior — you’ll be shocked at what those things can do.
Or if this whole thing is too much hassle, give us a call at 704-420-8005 we buy properties for cash, as is.

01/31/2022

Selling your home as FSBO (For-Sale-By-Owner) rather than through a real estate agent?

The good news is that you stand to make more money this way since you won’t have to pay an agent 3% or so of the sales price as commission.

The bad news is that you have to do all of your own marketing.

And taking the photos of a home to place on an MLS listing is one of the most important parts of attracting buyers.

In fact, according to PR Newswire, homes with high-quality photographs sell 32% faster. Also, the average home with high-quality photographs sells for between $3,000 and $11,000 more!

In other words, high-quality photographs can increase the selling price of your home.

Fortunately, it’s not necessary to be a pro to take great photographs of your home. Here are some tips!

Lighting — Lighting is probably the most important factor when it comes to taking great photos. For indoor shots, it’s best to have natural light pouring in through the windows. For outdoor shots, either dawn or dusk is best, whenever the sun isn’t at its brightest.

Angle — The angle of the photo also makes a big difference. The object is to make the home feel as open and spacious as possible. So it’s best to put the camera in the corner of the room and use a wide lens if possible.

Weather — Ideally, it’s best to take photos when there are clear skies and the sun is shining bright. Be sure to take indoor photos in the middle of the day with the windows open, and your outdoor photos when the sun is rising or setting.

Want to skip the hassle and sell your house as-is for a fair cash price? At Wagon Wheel Properties, we can make you a fair cash offer and close in as little as two weeks! Give us a call at 704-420-8005 to learn more!

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