What are the tax advantages to purchasing property with a 1031 exchange? What are the tax advantages to purchasing property with a 1031 exchange? A 1031 exchange, also known as a like-kind exchange, is a provision in the U.S. Internal Revenue Code that allows for the deferral of capital gains taxes when selling certain types […]

What are the Pros and Cons of Being a Landlord? What are the Pros and Cons of Being a Landlord? Pros of being a landlord: Rental income: Provides a steady source of income. Property appreciation: Real estate can increase in value over time. Tax benefits: Deductions for mortgage interest, property taxes, and other expenses. Equity […]

What are the FHA guidelines when purchasing a multi-family home? What are the FHA guidelines when purchasing a multi-family home? Purchasing a multi-family home can be a great investment opportunity for many individuals. Not only does it provide a place to live, but it also offers the potential for rental income. However, when it comes […]

7 Things You Wish You Knew Before Building New Construction 7 Things You Wish You Knew Before Building New Construction Article From HouseLogic.com By: Melissa Dittmann Tracey Published: January 25, 2024 7 Things You Wish You Knew Before Building New Construction Apply new-construction tips from a homeowner who has experienced the process three times — […]

The “Ins and Outs” of Interior Home Design for 2024 Article From HouseLogic.com By: Melissa Dittmann Tracey Published: January 18, 2024 The “Ins and Outs” of Interior Home Design for 2024 New Year’s resolutions have been elbowed out by the latest trend — in-and-out lists. Inspire yourself and your home with these ideas. Out: Ordinary. […]

How to Prepare to Buy a Home How to Prepare to Buy a Home Talk to a mortgage broker or lender. Prequalifying for a mortgage should be the first thing on your homebuying to-do list. Talk an agent who’s a REALTOR®, a member of the National Association of REALTORS® for lender and mortgage broker recommendations. […]

How to manage the rehab costs on an investment property: How to manage the rehab costs on an investment property Investing in a property can be a lucrative venture, but it also comes with its own set of challenges. One of the biggest challenges that property investors face is managing the rehab costs. Rehab costs […]

How to Improve Your Credit How to Improve Your Credit Paying bills on time is just one step in maintaining a good credit score. Credit scores play a big role in determining whether you’ll qualify for a loan and what your loan terms will be. So, keep your credit score high by doing the following: […]

Great Reasons to Own Great Reasons to Own… A Home Appreciation. Historically, real estate has had long-term, stable growth in value and served as a good hedge against inflation. Census data shows the median price of a home jumped from $172,900 in Q4 2000 to $417,700 in Q4 2023. That’s greater than 6% appreciation per year […]

Fire Safety 101: 4 Things to Know About Fire Extinguishers Article From HouseLogic.com By: Melissa Dittmann Tracey Published: October 12, 2023 Fire Safety 101: 4 Things to Know About Fire Extinguishers Learn the basics about where to put them and how often to replace them. Fires are burning faster than in years past due to […]