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Michael Siers

Answers by Michael Siers

9 answers · 59 pts

What is the 3 3 3 rule in real estate?

Asked by Georgia | Cary, NC | 02-23-2026

Michael Siers
Michael Siers02-28-2026 (1 month ago)

Georgia, the rule important so that you don't get in financial trouble. You should have saved up 3 months of payment, 3 months of living expenses and before buying get your agent to show you three comps that justify the price.

What devalues a house the most?

Asked by Holly | Norfolk, VA | 02-23-2026

Michael Siers
Michael Siers02-28-2026 (1 month ago)

Holly, In my experience renovations that are done shouldn't be the super trendy items you see today unless you plan on selling today. Go neutral and better quality, if you are staying for a while. The upgrades won't go out of style, will look great and will be solid down the road when you decide to sell. Good luck and have fun!

I'm trying to find who built my house?

Asked by Garrison brown | Wilmington, DE | 01-13-2026

Michael Siers
Michael Siers02-28-2026 (1 month ago)

Town planning department should have a record of the builder and any work done on the home. Best source

Can someone else pay for an ADU?

Asked by Eli | Kankakee, IL | 01-12-2026

Michael Siers
Michael Siers02-28-2026 (1 month ago)

They can pay, just make sure that the ADU is allowed before you go down the path. good luck

US agents to buy property in a different country?

Asked by Richard | Tampa, FL | 04-24-2023

Michael Siers
Michael Siers02-28-2026 (1 month ago)

Always use a local agent. If they live where you are buying is the best but they should at least work the area. www.Leadingre.com best international source

Should I replace my hollow doors?

Asked by Richard Maddses | Milwaukee, WI | 12-28-2022

Michael Siers
Michael Siers12-28-2022 (3 years ago)

Richard, I think the answer to your question would come best from a neighborhood expert. You are correct that the hollow doors are not original. My opinion is the Solid door is the rest of the home is original. Too ensure money well spent, ask a local Realtor for the return on that investment. Take Care Mike

Michael Siers
Michael Siers02-28-2026 (1 month ago)

I agree with Ms Hunter. Your agent can show you what buyers are saying. I like to show sellers the homes in the same price point and area that is comparable. Good luck!!

What do I need to know about buying an investment property?

Asked by Margaret Hudgens | Grand Rapids, MI | 12-14-2022

Michael Siers
Michael Siers12-28-2022 (3 years ago)

Margaret, This guys left you a lot to think about in a short note. They are all correct and give good points but it could be overwhelming. Look for someone with experience in your circle and have a conversation.

How do I start renting my house?

Asked by Nestor | Las Vegas, NV | 10-21-2022

Michael Siers
Michael Siers12-28-2022 (3 years ago)

Nestor, I agree with the guys below. Give a local management company a call. They can ensure you the most money and make sure you understand exactly what you are getting in to. Good Luck!