Tips for Buying and/or Selling During the Holidays

Are the winter months a good time to buy or sell a house? See the video below for reasons why RIGHT NOW is a great time for buying and/or selling a home!

Chris Bober is an Associate Broker and leader of Team Bober, a group of REALTORS® at Nebraska Realty in Omaha, NE offering a wide range of real estate services including home and new construction sales, land and farm sales, and auctioneering services. For more information please call Chris at (402) 312-5076 or email him at info@ChrisBober.com. TeamBober.com

Team Bober Thanksgiving Pie Party 2018

On November 20, 2018, Team Bober invited clients and friends to come to Nebraska Realty and receive a free pie for the holidays, in appreciation for their business and referrals. See the video below for the party highlights and the fun had by all!

Chris Bober is an Associate Broker and leader of Team Bober, a group of REALTORS® at Nebraska Realty in Omaha, NE offering a wide range of real estate services including home and new construction sales, land and farm sales, and auctioneering services. For more information please call Chris at (402) 312-5076 or email him at info@ChrisBober.com. TeamBober.com

The American Dream!

Meet Dov, our painter who helps our clients make great decisions about painting. Listen to his story about how he Immigrated to the USA just 5 years ago and now owns his own business. #TeamBober #NebraskaRealty

Chris Bober is an Associate Broker and leader of Team Bober, a group of REALTORS® at Nebraska Realty in Omaha, NE offering a wide range of real estate services including home and new construction sales, land and farm sales, and auctioneering services. For more information please call Chris at (402) 312-5076 or email him at info@ChrisBober.com. TeamBober.com

Tax Reform and How it Affects Home Ownership

I sat down with Heidi Kelly of Verdant Group and talked about Tax Reform and how it’s going to affect Home Ownership. Check it out! #TeamBober #NebraskaRealty

Chris Bober is an Associate Broker and leader of Team Bober, a group of REALTORS® at Nebraska Realty in Omaha, NE offering a wide range of real estate services including home and new construction sales, land and farm sales, and auctioneering services. For more information please call Chris at (402) 312-5076 or email him at info@ChrisBober.com. TeamBober.com

The New Paradigm for Buying Real Estate

There’s a paradigm shift in the real estate market! See the video below to find out what buyers can do to maximize their buying potential.

Chris Bober is an Associate Broker and leader of Team Bober, a group of REALTORS® at Nebraska Realty in Omaha, NE offering a wide range of real estate services including home and new construction sales, land and farm sales, and auctioneering services. For more information please call Chris at (402) 312-5076 or email him at info@ChrisBober.com. TeamBober.com

The Benefits of Buying Right Now!

Have you been on the sidelines waiting for the market to cool before buying? Check out the video below for reasons why you should buy RIGHT NOW!

Chris Bober is an Associate Broker and leader of Team Bober, a group of REALTORS® at Nebraska Realty in Omaha, NE offering a wide range of real estate services including home and new construction sales, land and farm sales, and auctioneering services. For more information please call Chris at (402) 312-5076 or email him at info@ChrisBober.com. TeamBober.com

August 2018 Real Estate Stats

The August 2018 Stats are in: The market is changing! Wanna know how it affects you? See the video below!

Chris Bober is an Associate Broker and leader of Team Bober, a group of REALTORS® at Nebraska Realty in Omaha, NE offering a wide range of real estate services including home and new construction sales, land and farm sales, and auctioneering services. For more information please call Chris at (402) 312-5076 or email him at info@ChrisBober.com. TeamBober.com

The Cost of Waiting to Move

Are you on the fence about selling your home right now?  See the video below for reasons why you shouldn't wait to make the move!

Chris Bober is an Associate Broker and leader of Team Bober, a group of REALTORS® at Nebraska Realty in Omaha, NE offering a wide range of real estate services including home and new construction sales, land and farm sales, and auctioneering services. For more information please call Chris at (402) 312-5076 or email him at info@ChrisBober.com. TeamBober.com

2018 Mid Year Review

Is this out of control sellers' market finally about to shift?  Check out the video below for some important information regarding the housing market for the first half of 2018.

Chris Bober is an Associate Broker and leader of Team Bober, a group of REALTORS® at Nebraska Realty in Omaha, NE offering a wide range of real estate services including home and new construction sales, land and farm sales, and auctioneering services. For more information please call Chris at (402) 312-5076 or email him at info@ChrisBober.com. TeamBober.com

2018 First Half Real Estate Stats, and What They Mean

Chris Bober is an Associate Broker and leader of Team Bober, a group of REALTORS® at Nebraska Realty in Omaha, NE offering a wide range of real estate services including home and new construction sales, land and farm sales, Investing, and auctioneering services. For more information please call Chris at (402) 312-5076 or email him at info@ChrisBober.com. TeamBober.com

Best Breakfast Burritos Ever!

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Best Breakfast Burritos Ever!

Here is the recipe I use to make the Best Breakfast Burritos Ever!  I learned it from my buddy Jim who graciously shared it with me years ago.  It takes several hours to prepare, but I promise the result is worth the effort and time invested. 

Step 1 - Make the green chili

Cube a 5lb pork butt/shoulder and put it into a stock pot. Fill the pot with water to cover the meat.  Boil the meat until done. Be sure to skim the fat off the top of the water. Once the meat is boiled strain the meat from the liquid, but save the water.  In another pot, make a roux. Here is a link about how to make a roux: http://dish.allrecipes.com/how-to-make-roux/.  Once it is a caramel color, place the boiled meat in the roux and make sure the meat is covered.  Once the meat is covered put about 2 cups of the pork broth into the meat.  Next dump in 1 jar of your favorite green salsa.  From there add pork broth, salsa, and salt to taste. I like a medium runny chili consistency. 

Step 2 – Make the Filling  

Cook up about 1lb of sausage, place in a large bowl. I use our homemade Polish sausage, but you can use Jimmy Dean
Cook up 1 to 2 pounds of bacon (crispy) and dice into small bits
In the bacon grease fry 1 to 2 pounds of hash browns
Fry 18 scrambled eggs
Put these ingredients into a large bowl and mix until even

Step 3 – Make the Burritos

Place a Burrito sized tortilla on a foil square
Add one scoop of the mixture
Add a few pork chunks out of the chili
Add a little shredded Colby-Jack cheese
Roll the burrito tightly in the foil square
Refrigerate/freeze the wrapped burritos and save the remaining green chili.

To Serve:

-       Heat the wrapped burritos in a 250*F oven for 20-30 minutes
-       Warm the remaining chili
-       Pour the green chili over the burritos when serving

These burritos are perfect for traveling and eating while camping or on vacation.  They are awesome when heated, but are also great cold as a snack on the go.

This recipe was given to me by a friend who lived in Pueblo, Colorado.  He learned it from an old Hispanic lady who taught him her secret. Down there they use pueblo green chilies to make homemade salsa which is perfect if you grow your own.

Chris Bober is an Associate Broker and leader of Team Bober, a group of REALTORS® at Nebraska Realty in Omaha, NE offering a wide range of real estate services including home and new construction sales, land and farm sales, Investing, and auctioneering services. For more information please call Chris at (402) 312-5076 or email him at info@ChrisBober.com. TeamBober.com

Using a BPO for Property Tax Valuations

Using a BPO for Property Tax Valuations

A Broker Price Opinion (BPO) is a tool used by real estate agents to help determine the market value of real estate.  BPO's are often used for valuations where an appraisal isn't feasible.  Lenders are allowed to use a BPO for valuation of real estate mortgages that aren't federally relegated and ones the lending institution will hold and service themselves.  BPO's are also used by attorneys and court officials when dividing assets in divorces or estates.  A BPO is typically less expensive than an appraisal and has many uses.

Nebraska recently passed LB 375 allowing licensed real estate agents to formulate Broker Price Opinions for challenging property tax valuations.  This is often a better option than an appraisal which is more expensive and time consuming.  Team Bober provides BPO's for our clients to help determine their Current Market Value.  Clients may use their BPO to meet with their local county assessor if the property owner believes their property is assessed to high (or low in some cases).  

For more information or if you are in need of a Broker Price Opinion call Chris Bober (402) 312-5076 or email Chris@NebraskaRealty.com.  

Team Bober Shares Their Best Vendors with HomeKeepr

Team Bober Shares Their Best Vendors with HomeKeepr

One of the best values I can offer my clients is the great connections I have.  I belong to several networking groups and spend several hours every week meeting new people.  Many of them are my preferred vendors.  I want to know the best vendors in my market so I can share them with my clients.  After 9 years in Real Estate, I have worked with some of the best people and I love to reward them by referring their services to others.

Once I have qualified a Vendor I invite them to be in the Team Bober Preferred Vendor Program.  As a member of thy program their information is stored my my HomeKeepr Mobile App that I share with clients.  My clients can trust that everyone I refer has been pre-qualified to deliver great services at fair prices.

If you want access to all of Team Bober’s Preferred Vendors click here:

Team Bober Homekeepr App

Here’s a quick video about the benefits of HomeKeepr:

If you are interested in become a part of the Team Bober Vendor program Call me at (402) 312-5076 or email me at Chris@NebraskaRealty.com.

Team Bober Homekeepr App

Chris Bober is an Associate Broker and leader of Team Bober, a group of REALTORS® at Nebraska Realty in Omaha, NE offering a wide range of real estate services including home and new construction sales, land and farm sales, and auctioneering services. For more information please call Chris at (402) 312-5076 or email him at info@ChrisBober.com. TeamBober.com

 

1031 Like Kind Exchanges

Nothing is certain but death and taxes...

As the Economy continues to rise so do prices homes prices.  We are still way behind in building new houses to quench the insatiable buyer demand so inventory remains scarce.  This has caused rental rates to inflate sharply with many people without purchasing options.

Investors have noticed the demand and many are investing in residential homes to with the purpose of renting them.  Buying and selling residential investment property is very different than purchasing a home for your residence.  As you can guess, it all comes down to PROFIT.

I have already discussed how to evaluate investment property when purchasing in the video seen here: Real Estate Investing  Now I want to help you understand the benefits of a 1031 Exchange when selling investment property.

Taxes are a four letter word. HGTV offers Reality Shows demonstrating the benefits of flipping houses, but they often leave out the taxes due when selling an investment property.  Did you know that most of the profit of a investment property is subject to capital gains taxes?  When filing your next tax return after selling, you will have to pay federal and state capital gains taxes on any recognized gain.  This is often 1/3 of your profit!

Section 1031 of the IRS tax code allows an investor to defer paying capital gains taxes on the adjusted gain (profit) if you reinvest in a “like kind” property.  It is very important to remember that a Qualified Intermediary (QI) is needed to perform a 1031 Exchange and the cash from any sale needs to go directly to the QI after closing. A Qualified Intermediary is also your best source for up to date knowledge about the current tax rules.

The basic premise of a 1031 Exchange is that if you sell a property and exchange it for another “like kind” property within a certain time period you can defer paying capital gains taxes on the recognized gain. Of course, it is a little more complex, but here are a few simple guidelines:

  • “Like Kind” means any piece of real property held for long term investment purposes that is not your principal residence. It does not have to be similar in any characteristics except for it is held as an investment.

  • The replacement property (new) must be acquired at a “stepped up” basis (or debt) than the relinquished (sold) property. This basically means you have to reinvest all of the profit into the new property to defer all of the taxes.

  • You must identify the replacement property within 45 days and purchase within 180 days of selling the relinquished property.

You must first contact a Qualified Intermediary and your CPA to determine if you are a candidate for a 1031 Exchange,  but it is a great tool to have when selling your investment property.  Most people are going to reinvest their profits into another investment vehicle. Wouldn’t you like to reinvest ALL of your hard earned profit?

I have helped several of my seller clients with 1031 Exchanges and I have helped buyers find and identify replacement property for their exchange.  This experience has given me great insight to the needs of my clients and I have worked with accountants, lawyers, lenders, and qualified intermediaries to ensure the process is smooth and effective.  Call me today at (402) 312-5076 or email me at Chris@NebraskaRealty.com if you would like to learn more about a 1031 Exchange and they can work for you.

Chris Bober is an Associate Broker and leader of Team Bober, a group of REALTORS® at Nebraska Realty in Omaha, NE offering a wide range of real estate services including home and new construction sales, land and farm sales, and auctioneering services. For more information please call Chris at (402) 312-5076 or email him at info@ChrisBober.com. TeamBober.com

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