Thursday, October 21, 2021 / by Marbie Gail
Adding real estate to a portfolio can help diversify during a time when the world seems upside-down. Getting involved with investing in the real estate market has never been easier than it is today. When an investor is buying stocks, bonds or even cryptocurrency, the investment needs to be put upfront in full. However, real estate allows an investor to invest a portion of the total cost of the property as an upfront expense and pay the balance off over time, with interest.
In the past, it was not unusual for a down payment on a property to be upwards of 25%. Currently, though, a down payment as low as 5% is not that uncommon. Here are five real estate investments that can be approached by investors:
Buying a property and becoming a landlord is a solid way of making money in the real estate sector. This approach is an all-hands-in type of position, in which the landlord is responsible for fixing issues within the building, filling apartments and remaining patient shou; ...
Thursday, October 14, 2021 / by Marbie Gail
Remodeling is a great way to fix, update or upgrade your home while increasing its value, but costs can add up. It’s important to prioritize the projects that will not only benefit you and your family in your daily lives, but also will attract future buyers if and when the time comes to sell.
In general, it’s best to move forward with projects that are cost-effective and useful to anyone who might occupy the property down the line. Here are three projects to consider:
When deciding which remodeling project to take on, think about the areas of your home where you spend the most time. For many of us, one of these rooms is the kitchen, a room that potential buyers are certain to notice. Remodeling an entire kitchen can become an overwhelming process, but there are a few areas you can focus on to make a dramatic difference.
Cabinets take up a large portion of your kitchen and can look run down or get damaged over time. Sanding down your cabinetry, giving them a f. ...
Friday, October 8, 2021 / by Marbie Gail
Following the wake of Hurricane Ida, many homeowners are now reconsidering their action plans should a hurricane strike in their area. Residents along the Gulf Coast aren’t the only ones who are solely at risk of hurricane devastation, as Ida reminded us.
After Hurricane Sandy, much of the Northeast made changes to local emergency plans and reassessed the risks associated with hurricanes and other extreme weather events caused by climate change. Hurricane Ida is a stark warning that many states are still woefully unprepared. Here are six steps you can take to prepare your home and your family in the event of a hurricane:
Prepare an emergency kit.
One of the most important things you can do to prepare for a hurricane is have an emergency kit ready. When putting together the kit, think of things you would need if you were to go without power for several days. It should include the following: first aid supplies, a flashlight, extra batteries, non-perishable foods, clean drinking ...
Friday, October 1, 2021 / by Marbie Gail
The month of October can be a spooky month, maybe even a scary month with monstrous problems. Yikes!! Well maybe not, but words like that seem to be popping up everywhere as kids and adults alike look forward to Halloween.
In fact, according to the USA Today, adults spend more on themselves to celebrate Halloween than any other day during the year. I get that. Especially if they want to hang out with the kids to go trick or treating, or to a Halloween party of some kind.
For many homeowners and home buyers though, they are truly scared. Scared to death of how in the world they are going to get out of their house and into their next one (the trick).
YOUR REFERRALS HELP THE KIDs overcome sickness, pain and setbacks.
Who do you know considering buying or selling a home you could refer to our real estate sales team? Not only will they benefit from our award-winning service, but the kids at the Children’s Hospital will benefit as well.
Just give us a call or pass ou. ...
Friday, September 24, 2021 / by Marbie Gail
Are you selling your house? You'll need to pay taxes on the property, but with some additional knowledge, you might be able to avoid a huge tax bill in the future. The goal of selling your home, beyond ensuring that you can move quickly as possible, is to ensure you get the most money you can. However, because of this, the IRS will have dollar signs in their eyes and will also want a piece of that pie.
This is because capital gains on real estate are sometimes taxable, so it's important to understand how you can minimize or completely avoid paying tax on a property you’re about to sell. Here's how real estate capital gains taxes work so you can potentially save some of your hard-earned money:
How Capital Gains Taxes Work
Capital gains taxes are a tax on the money you have made from an investment. When capital assets such as a home or other real estate are sold, your gains become realized. Whenever you sell, it becomes taxable income.
Capital gains are assessed on how much you; ...