Alright, first-time home buyers, let’s get real. Most of you don’t envision yourselves renting forever. Owning a home isn’t just about having a place to live; it’s about creating financial stability and a sense of freedom. But, let’s be honest, transitioning from renter to homeowner can seem daunting. There’s a mountain of paperwork, a need […]
Category Archives: Real Estate News
Complete Guide to Home Warranties
What Is a Home Warranty? A home warranty is a service contract that covers the repair and replacement of certain appliances and home systems. Unlike homeowners’ insurance, which covers damage from unexpected events like theft or natural disasters, a home warranty focuses on the inevitable wear and tear of household items. Coverage typically includes appliances, […]
Strategies for Success
A Seasoned Investors Guide for Investing in Today’s Market Have you been eyeing the real estate market, waiting for the perfect moment to dive in? Well, let me tell you, there’s no time like the present. As someone with 35 years of experience navigating the twists and turns of real estate, I’ve seen markets evolve, […]
7 Tax-Deductible Improvements Recommended by Your Trusted Realtor
I purchased my first home 35-years ago. And since then, I have owned many homes, both primary residences and investment properties. Here is my comprehensive guide to tax-deductible home improvements. Remember, for detailed eligibility criteria and personalized advice, always consult with a tax professional. 1. Energy-Efficient Upgrades: Investing in energy-efficient improvements not only benefits the […]
Maximizing Real Estate Investment: Understanding the Three Buckets of Finances
As a seasoned real estate investor, navigating the financial landscape is akin to sailing the seas. Just as a skilled captain must understand the currents and winds, investors must comprehend the nuances of financial management to successfully navigate the complexities of real estate investment. One valuable framework for achieving this mastery is the concept of […]
Six Steps to Eliminating Debt – Starting Your Path to True Wealth
You are here for a purpose. I believe that is true of everyone. But every great purpose requires funding. And I have found that most people face the same obstacle when trying to fund their purpose. That obstacle is personal debt. Carrying too much debt can be a heavy, scary beast on your shoulders. Fortunately, […]
Success in Real Estate Investing: Six Essential Principles for a Strong Financial Foundation Before Investing
Introduction: Real estate investing holds the promise of wealth, passive income, and tax benefits. It has provided me the funding to travel the world, give my children incredible lives, and support causes important to me. But real estate investing is not without its risks. Before diving into this lucrative venture, it’s crucial to lay down […]
The Top 8 Home Features Buyers Are Demanding in 2024
Americans are seeking smaller homes. The average size of homes purchased in the past year has dropped 18%, the lowest since 2010. To compensate for the smaller spaces, here are eight features that have become hot among home buyers. 1. Efficient Use of Limited Square Footage: Buyers are seeking to maximize every inch of their home through smart storage spaces, open […]
New Study Shows Single Women Outpacing Single Men in Home Ownership
Women are pulling ahead of men financially in one important way of building wealth: Homeownership. According to a study by LendingTree, single women own 2.7 million more homes than single men. Approximately 13% of these women hold the titles to their homes, while the figure is 10% for men. A home for most people is […]
Millennial Strategies: As prices increase, and inventory reduces, many millennials have joined the growing trend of Co-Ownership.
The Millennial generation, born between 1981 to 1996, has among the lowest homeownership rates since the 1920s. The reasons vary, but the greatest factor has been affordability. The Millennial generation has the highest student loan debt in US history. If you combine that with the high prices and interest rates, it has created the least […]