Western Montana Real Estate


Your Western Montana Living Resource. It’s time to start living the Montana Way.

We are your Western Montana Real Estate specialists.  With office locations in Missoula, Hamilton, Polson, Kalispell, Meadow Lake, Libby, Deer Lodge and the Southgate Mall in Missoula.

ERA Lambros Real Estate
Phone: 406-532-9200
Toll Free: 888.735.sold
Fax: 406-532-9330
July 16, 2015 · by Gabrielle · Real Estate, Uncategorized



Summer is a great time to put your house on the market. The weather is warm and road conditions are good, so buyers are more willing to be out house-hunting this time of year. Using these easy, low-cost tips will ensure that your home makes a great impression on potential buyers.

  • Declutter.  This is the first step to staging a house to sell.  You will be moving soon (hopefully!) so get a head start and begin to get rid of things you no longer want and pack up things that you don’t need for awhile like winter clothing or any large collections.  A cluttered house or even cluttered closets will appear much smaller than they actually are.  Clearing out the clutter will give the appearance of more space and will make your home easier to clean on short notice.
  • Clean.  This may seem obvious, but one of the best things you can do is clean your house from top to bottom – do this before your agent comes to take listing photos.  A clean, organized house tells buyers that your home is well-maintained and doesn’t contain any nasty surprises waiting to be found.
  • Rearrange your furniture.  Simply rearranging your furniture can go a long way toward opening up a room and giving the house a better feel.
  • Clean up your yard.  In summer, the yard can make or break a potential buyer’s opinion of your home.  You can make your yard look its best by making sure it remains watered, mown, and weeded.  Pots full of flowers are an easy way to add some color to your yard without much effort.  Potted flowers can also make your doorway more inviting and will create a great first impression.
July 2, 2015 · by Gabrielle · Uncategorized

ERA Lambros would like to congratulate the McQuirk Team, MerriLee Valentine, Cheryl Smith and Bessie Evans on earning Top Producer for the month of June! Visit any of our offices in western Montana for the most professional and knowledgeable real estate agents in the business.

June 2015 Top Producer

June 18, 2015 · by Gabrielle · Real Estate, Uncategorized


by Ashley Kinder on Owning The Fence

Purchasing a new home can be an exciting venture, one that will bring great rewards in the years ahead. As you begin to think about buying a house, you should keep these important tips in mind:

  • Protect and improve your credit score.  Having a good credit score will help you get approved for a mortgage and get a better interest rate.  Make sure you pay all your bills on time and keep your credit card balances low.
  • Figure out your budget.  Look at your income and decide how much of a monthly mortgage payment you can afford.  Make sure to leave room in your budget for possible home repairs.  The best thing you can do is sit down with a lender and get pre-approved for a mortgage.  This will also allow you to know right from the start what price ranges to look in.
  • Know what you want.  Knowing exactly what you need, want, and can live without will help you narrow down your choices and find the perfect house.  Your agent will focus on showing you houses that fit your criteria and will be a good match for your lifestyle.

Need more advice for new home buyers? Please call or visit any of our offices in Western Montana for experienced, professional agents that can guide you through the home buying process.

June 4, 2015 · by eraw5330 · Commercial Real Estate, Community, Real Estate

Real Estate Market report for Missoula County, Bitterroot Valley, Flathead County and Lake County



June 4, 2015 · by Gabrielle · Commercial Real Estate, Real Estate, Uncategorized

ERA Lambros would like to congratulate the McQuirk Team, Jack Wade, Cheryl Smith, Jeanie Deetz, Jim Cockriel, and Cora Gilmore Nelson on earning Top Producer for the month of May! Visit any of our offices in western Montana for the most professional and knowledgeable real estate agents in the business.


May 2015 Top Producer

May 21, 2015 · by Gabrielle · Commercial Real Estate, Real Estate, Uncategorized



By Brandon Turner, BiggerPockets

I have a good friend I would like to introduce you to.

His name is Sam, but most people know him by “Uncle Sam.”

That’s right, Uncle Sam — the good ‘ol U.S.A. Now, most people don’t think of the US Government as their friend, but most people are not real estate investors. If you are, and you know how to treat Uncle Sam right, he’s got some pretty terrific benefits in store for you.

This post is going to dive deep (and I mean DEEP… with over 3,000 words) into the tax benefits of being a real estate investor. But first, the obligatory disclaimer:

I am not a CPA. I’m also not a lawyer, doctor, or your mother. I’m a monkey in a room, frantically typing out words on a keyboard trying to produce Shakespeare. This information, while I’ve spent hours and hours researching, is still just my opinion on what I’ve learned. Please consult with a qualified (and real estate-savvy) accountant before making any decisions.

That said, I did work with Amanda Han from Keystone CPA (my own amazing real estate-friendly CPA) on this article to make sure everything was legit. If you need a CPA for your business, I highly recommend Keystone CPA. They do all my taxes, and my tax-life has become 1,000x easier since I hired them.

Now that we’ve got that out of the way, let’s get into this beast-of-a-post. Extra brownie points for those who make it through the whole thing. And to help, I’ve hidden a secret message in the text that will lead you to my buried treasure on a Caribbean island.

(Okay, that’s a lie. But for those who seek to truly understand these benefits, incredible treasures ARE in store for your future because they won’t be in Uncle Sam’s pocket.) 

Let’s get to the list, and we’ll start out with the most obvious one: deductions.

1. Deductions

As a rental property owner, you are able to deduct nearly all the expenses you’ll pay to manage your property. Everything from the mortgage interest you pay on the loan all the way down to the paper you buy for your printer (if you are using that printer primarily for real estate investing purposes, that is).

Of course, I’m not sure I’d necessarily qualify this as a “huge benefit” of rental property investing because you are still having to spend the money on those items. Who cares if you can deduct the cost of paper because you own a rental property — because if you didn’t have the rental, you wouldn’t have spent the money on the paper in the first place.

However, where this deduction can come in handy are on the areas of your life that are shared with non-real estate activities. For example, if you have a home office, you may be able to deduct a portion of your home expenses (fax machine, internet bill, cell phone bill, mortgage interest, home repairs, etc.) equal to the portion that your office takes up in your house.

Or if you need to drive up to check on your rental property and swing by the grocery store on the way back, you might be able to deduct the cost of your trip using the IRS standard mileage deduction (currently 57.5 cents per mile). The benefit of this, of course, is that it’s not like you wouldn’t have those bills anyway without a rental, so if you itemize those deductions carefully, you may be able to save significantly at tax time. You needed a cell phone, you needed that office, you needed that trip to the grocery store. Only now, you might be able to deduct some of them because of the business use.

Things like meals, travel, and other similar expenses may also be able to be deducted, but don’t assume you can go to Disney World with your family and write off the whole trip because you spent a few hours looking at real estate. That’s called “cheating,” and you’ll likely find yourself in some hot water if you ever get audited. However, just like your home office deduction, perhaps you can deduct a portion of your expenses to help offset the costs some.

Obviously — and I’ll say this numerous times in this post — talk to your CPA about what you can and cannot deduct.

Please click here to view the rest of this fantastic, thorough guide…

May 12, 2015 · by eraw5330 · Uncategorized


Real Estate Market report for Missoula County, Bitterroot Valley, Flathead County and Lake County






Western Montana Real Estate offices located in Missoula, Missoula Southgate Mall, Hamilton, Kalispell, Libby, Polson and Deer Lodge © 2014 Lambros ERA