The Housing Affordability Crisis Housing affordability continues to be a problem for many areas throughout the United States. Home prices have surged, interest rates have essentially doubled. Meanwhile, home builders haven’t really kept with demand since coming out of the Great Financial Crisis of 2008. In response, the Donald Trump administration, together with the Federal …
The Bureau of Labor Statics says that Americans across all income levels spend between 25-30% of their income on housing. That’s a massive portion of your income, no matter who you are. What if you were able to invest that money instead, or take an extra vacation each year? It’s actually possible. It requires a …
Getting Started in Real Estate: Why Waiting Isn’t the Best Option When you think about the Kansas City Royals, it’s easy to imagine a team that hits home runs to win games. But if the Royals only relied on home runs, they wouldn’t be very successful. While home runs are exciting, they are not the …
The holidays are over and the new year is here! Spring will be here before you know it. Spring is a popular time of year to sell your home, but there’s a lot that goes into it. If you’re planning on selling this spring, NOW is the time to start making your plans. Here is …
Welcome to this 4-part series on building wealth through real estate investment! In this series, we’ll explore the four key ways rental properties can help you grow your wealth: cash flow, debt paydown, appreciation, and tax benefits. When done correctly, real estate is a powerful tool for diversifying your retirement portfolio. Plus, with four distinct …
Welcome to part 2 of this 4-part series on building wealth through real estate. One of the key strategies in real estate investing is leveraging debt to increase your returns. In simple terms, leveraging means borrowing money (a mortgage) to fund the purchase of a property. This give you the benefits of owing a more …
Welcome to part 3 of this 4-part series on building wealth through real estate. The next crucial pillar in real estate investing is appreciation. Over time, property values tend to increase due to inflation, demand for housing, and the inherent value of land itself. This rise in property value means that the asset in which …
Welcome to part 4 of this 4-part series on building wealth through real estate. Last, but certainly not least, tax savings are a huge benefit of real estate investing. The IRS allows real estate investors to deduct certain expenses, one of the most significant being depreciation. Depreciation allows you to deduct the cost of your …
I believe buying real estate in Johnson County, KS is a fantastic way to build long-term wealth. It’s an especially great place for first-time home buyers, because of how relatively affordable it is to buy a house here. You can usually depend on home appreciation in Johnson County to stay just above inflation. Plus, the …
People often ask me: “Is remodeling my home a good investment?”. Other times it’s stated as fact: “Remodeling IS ALWAYS a good investment. Any money I put into my house, I’ll get back when I sell it”. My response is typically the same: “Well, maybe, but not likely”. In our article, Cost vs Value: What’s …