Eugene Bernshtam

As a businessman in the real estate industry, Eugene Bernshtam makes it a point to educate his readers about the best investments. He is also aware of the mistakes that people make in this regard, and he offers some solid insights in this blog post to help you avoid these mistakes. Image source: investopedia.com Not doing enough research Before you jump in on a real estate opportunity, you need to know absolutely everything that could impact your ownership of the property. Unfortunately, many property owners have experienced finding out too late about circumstances surrounding their newly bought property. For instance, Eugene Bernshtam shares, if you buy a property that is quite close to a place where an airport is set to be built in 10 years, you might be in for a number of restless nights later on with all of that taking off and landing of planes. Image source: buildacademy.com Getting something that you really can’t afford It’s quite easy to do the math required by a mortgag...

  Eugene Bernshtam has always believed that there are countless advantages in investing in real estate. People will always need space to live in, put up their businesses, store their precious belongings, or set up for future rental. It truly is one of the most reliable investments people can ever make. Image source: awoyokun.com Image source: stacksource.com For people who are looking to invest, Eugene Bernshtam says that real estate should be high, or maybe even at the top of their list. Even during times of economic turmoil, the prices of real estate have always remained steady. And now, looking back at some of the wealthiest tycoons in the world, a sizable number of them have always had real estate as their prime source of wealth. According to Eugene Bernshtam, real estate's potential for profit has been recognized by countless individuals for way more than just a few centuries, which means it's been proven to be profitable by history itself. Though the real estate i...

Any person who is picking out their first apartment maintains a certain level of excitement and nervousness at the same time. An apartment can mean many things to an individual. It can be a sign of maturity, freedom, independence, and adulthood, making it imperative for them to choose what is best for their situation. Image source: academichelp.net One of the reasons people move to a new home is to be near to their workplace. Always consider the commute . If leaving and coming home to an apartment requires one to sit in traffic for more than an hour, it will never be a reasonable pick. According to Eugene Bernshtam, one needs to test out the commute before signing any rental agreement. When an apartment is on the meager side, be sure to ask about utilities . There could be hidden or undisclosed utility charges that can cause monthly fees to balloon. Assess working heat and air . Often, old apartments suffer from thermostat problems. Get acquainted with the landlord . Things...

  The year 2020 has really changed many aspects of life. In the real estate industry, the pandemic has shifted focus on health, safety, and equality. Real estate professional Eugene Bernshtam shares what's in store for the sector in 2021.  Image source: Unsplash.com The search for properties in lower density areas Many are looking for homes in less-crowded areas when it comes to residential real estate. The pandemic has led people to consider moving to places where there are fewer crowds, closer to nature, and accessible to schools, shopping areas, offices, and hospitals. In the US, many people are showing interest in properties in the Sunbelt markets. Experts are also seeing businesses such as startups and other tech companies moving to these cities.  Image source: Unsplash.com  Lower prices in big cities   Many families are moving away from big cities in favor of a suburban lifestyle. Now that many companies are transitioning to a work-from-home set...

More and more individuals are looking into real estate as the perfect investment option, especially after seeing other options fall and fluctuate amid a global pandemic. To make wise decisions in real estate, one must be equipped with the right knowledge about the industry.  Image source: sfexaminer.com Real estate developer Eugene Bernshtam believes that proper education, along with a stellar work ethic, can take one to great heights. Read books about real estate and absorb everything written in them. Reading has a way of transforming one’s thoughts, shaping ideas, and developing competitive mindsets. However, life can get busy at times. Listen to podcasts when reading gets time-consuming. The more a person spends time learning, the more they can understand concepts and apply them in real life. Reading blogs offer subjective content on real estate and help open one’s mind to the realities of the industry. Blogs can educate people who desire to become experts in the in...

Individuals who have the desire to develop a real estate property from start to finish have a place in the world of real estate development. However, this desire would not be enough to make it far in the industry. The road to becoming a real estate developer is a challenging one and requires a skillset different from other industries.  Image source: allbusinessschools.com Real estate developers double as entrepreneurs, says Gene Bernshtam. These individuals are the ones in charge of planning and controlling projects from beginning to end, from buying a land to developing the property. A number of daily responsibilities must be met by a real estate developer, which include visiting and examining land areas and developments, meeting with investors and contractors, researching new projects, balancing the books, confirming properties are following codes, communicating with local offices, and troubleshooting. While conventional education is rarely a requirement, to become a certi...

COVID-19 has caused the world to hit pause. Many industries are struggling to get back on their feet as markets start to reopen. Real estate has always been one of the most resilient industries for decades. Has anything changed in real estate over the past months?    In the first few months of the year, a drop in online engagements was noticed. Eugene Bernshtam, a real estate developer, mentions that companies have started doing virtual showings to cater to clients’ requests. Facebook and Zoom are top platform choices for online home tours and open houses. It is obvious that most buyers are not willing to take the time to physically look at property options due to the virus. Still, clients who are about to close a deal prefer to see the property in person, even if they have to break a few new rules placed due to COVID-19. Realtors leading showings and open houses may be a little strict about prospective buyers when it comes to wearing face masks and practicing soc...

When it's time to sell your home, homeowners hope to get most of their investment back to pay off their new mortgage. This is why some homeowners make last-minute repairs and improvements in the hopes of getting a better price from an appraiser. Eugene Bernshtam believes that homeowners should know what they can do to improve the value of their home when it's time to sell it. Here are ways to get a higher appraisal for your home.  Image source: discover.com Clean the outside of your home : First impression is key when aiming for a higher appraisal for your home. Maintaining your yard, giving your house a fresh new coat, replacing all broken roof shingles, and making sure that the house looks presentable from the outside should be your priority. Replace broken fixtures : The way a home's value is calculated is comprised of adding up small details. And often, an appraiser will only appraise in values divisible by 50. For example, if three door knobs are broken, they...

Eugene Bernshtam notes that with the new decade now underway, real estate developers have been looking at the more exciting trends in the industry. One of these trends that’s both exciting and mysterious and, quite simply practical, is minimalist design. > Minimalism isn’t just about art or design; it is rooted in philosophy. Today, more and more developers, designers, architects, and engineers are opting to use minimalist design, not just for the exteriors of homes, but also for the inside. Image source: Decoist.com Image source: Weandthecolor.com The simplicity of minimalist design has gained a lot of traction over the past two decades, with the less-is-more approach. Today, gaudy is losing the design battle, at least in more modern homes and offices. But how and why has minimalist design appealed today more than ever? First of all, minimalism inside a home may make it appear bigger. With less furniture and fixtures, the living room or dining room may l...