Real Estate Blog

According to Sean Tapenning, a real estate investor in Kansas City, Missouri, there are a lot of factors involved in the decision-making process that occurs before you invest in a new property. Obviously, the property itself, including its location and quality, come into play, as do certain financial considerations. It’s these financial details that we want to talk about today, and specifically the numbers and calculations you’ll need to run to determine if a property is worthy of your investment. Here are 5 of the numbers you’ll want to calculate before investing:

Rent/Cost

Rent/cost is an important tool for determining cash flow potential on a property - but only for like properties. In other words, this isn’t a calculation you’d want to use when

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Are you ready to build your dream home, or maybe just a beautiful outdoor deck? Then it's time to find a contractor to do the work. Your home is one of your most valuable investments, which is why it is vital for you to pick a dependable and honest contractor to complete the work on your home. Make sure to watch out for these six contractor red flags.

No References

Before you hire a contractor, make sure to check out his or her references. Word of mouth is a strong selling point for contractors looking for repeat business and new business. Reputable contractors will be more than happy to provide you with a list of references from those who were satisfied with the work the contractor did.

Payment Demands

A huge red flag to look out for is a

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Whether you have just had a new roof put on or you are looking for tips to keep your current roof looking brand-new, there are tips you can follow to extend the life of your roof. Many homeowners don't realize that issues with their roof don't always result in leaks or missing shingles. Just like your car needs yearly maintenance and oil changes, your roof needs maintenance as well. Take a look at these five tips to extend the life of your roof.

Keep critters out

The trees surrounding your home act as a highway for critters such as squirrels, mice, rats, opossums and even birds to climb onto your beautiful roof. Roaming critters like raccoons love to nibble and chomp on shingles, which will eventually result in leaks in your roof. By keeping tree

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 According to Tosca Gruber, industrial design may turn out to be one of those real estate trends that ends up sticking around for years to come. There are several reasons why industrial design has gone mainstream. Here are four that signal that this real estate trend has the potential to go from trend to classic.

No. 1: Desire for more open interiors

Over the past decade or more, the spacious, wide-open floor plan has reigned supreme. The typical newly constructed home comes with vaulted ceilings, wide hallways, and seamless kitchens and living and dining rooms.

One reason why industrial design has become a hot new real estate trend is because of the desire for more open interiors. Today's buyers are looking to have the wide-open feel throughout

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Austin is famous for many things: live music, great barbecue, and for its residents’ “Keep Austin Weird” outlook.  During the month of September, Austin’s unique real estate properties will also be keeping Austin weird.  Specifically, on September 13 the first ever Austin Weird Home Tour will be taking place and giving Austin residents a chance to get inside some of Austin’s mot unique properties. Thetour will include access to Casa Neverlandia as well as a house made with shipping containers and a home constructed out of adobe earth bags among others.  Tour tickets range in price from $22 to $37 with proceeds benefiting the nonprofit organization Caritas of Austin.  For more information pleasevisit the Weird Homes Tour.

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The month of September is officially known as the start of fall.   However, what most Austonian’s might not know is that the month of September is also a historically “slow” month when it comes to real estate transactions.  Specifically, during the month of September, the number of sales transactions taking place in Austin is generally less than during spring/summer months.  For example, in September 2013 the number of single family homes’ sales in Austin decreased by approximately 20%.  While this trend does not signify a slowing in the housing market as a whole (ie: 2014 single family home sales neared the 3,000 mark for a second year in a row), it does mean two things.  First, for sellers, it means that creative marketing strategies need to be utilized

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The decision to purchase or sell real estate is one that should not be taken lightly.  As a result, it should not come as a surprise that most people start researching their local real estate market months before making a real estate related decision.  In addition to researching your real estate market, it is important to have a working knowledge of the mortgage rates including the murmurs of their rising.   Specifically, according to the Home Buying Institute, Freddie Mac, the Mortgage Banks Association and the chief economist for the National Association of Realtors, it is anticipated that fixed mortgage rates will reach 5% or higher by the end of 2015.  While these predictions are not a guarantee of what will happen, persons considering buying or

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Two data sources compiled the latest information about home sales and values in the Austin market and suggests some plateauing in what had been a longstanding upward sales trajectory.

The Austin Board of Realtors said sales in July dropped 3 percent compared with the same month in 2013, marking the first dip in velocity since May 2011. Still, median and average prices for homes sold increased in July to $250,000 up 9 percent compared to a year ago. The average home price in July was $318,856, 7 percent more than a year ago.

Zillow, the national internet real estate portal and brokerage, surveys all home stock within various submarkets. That company pegs the median home value of all houses in the Austin market at $216,900, reflecting a 13.4 percent

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 Austin is currently experiencing a hot real estate market, with many potential buyers not requiring much of sellers when purchasing their property.  Despite this reality, if you are considering selling your home, consider these following tips to help ensure you receive top dollar for your property:

1)   Talk with a Pro:  First impressions matter.  Therefore, you want potential buyers to have a great first impression of your home.  Accordingly, consider consulting with a realtor or interior designer to do a quick review of your property.  Although it may only result in a few small suggestions (ie: repositioning some furniture, adding color to a room, scrapping outdated designs/materials), it is the small things that matter.  Fortunately, many of these

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You have probably heard the phrase, “it is ten-times harder to hold onto wealth than it is to create it.”  Fortunately for homeowners, the Internal Revenue Code provides homeowners with a tremendous tax break designed to help homeowners hold onto the wealth generated from the sale of their primary residence.  This is great news for Austinites looking to sell in Austin’s hot real estate market. 

Specifically, Section 121 of the Internal Revenue Code provides that an individual can exclude up to $250,000 (if you are not married) and $500,000 (if you are married) of capital gain upon the sale of their primary residence.  For example, if a married couple purchased their primary residence for $200,000 and later sold it for $600,000, (realizing a $400,000

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