New Homeowner Property Tax Breaks

As a new homeowner, you may be eligible for a tax break from your property taxes by applying for a homestead exemption on your principal residence. Homestead exemptions remove part of your home’s value from taxation, so they lower your property taxes. If you are a new homeowner in the past year, you may file… Continue reading New Homeowner Property Tax Breaks

The Case For Home Warranties

What is a home warranty? Why should I purchase one? What is the difference between a home warranty and home insurance? Home warranties and home insurance both cover unexpected circumstances. However, your homeowner policy includes exclusions for coverage of items that sustain a loss due to regular wear and tear or mechanical breakdown. For example,… Continue reading The Case For Home Warranties

INVESTOR CASE STUDY: Upgraded 2 Story Family Home in Kyle

Property Need: Property under $250K, south between Buda and San Marcos, minimal maintenance, cash flow above $100 per month, and 20% return with appreciation. Subject Property: 2-Story home in Kyle, great access to I-35, 3 bedrooms, 2.5 bathrooms, 2,412 SqFt. Financials: List Price: $214,900 Lease: $1,650 per month Taxes: $5,820 $45 quarterly HOA Fee Down… Continue reading INVESTOR CASE STUDY: Upgraded 2 Story Family Home in Kyle

How to Set Your Investment Real Estate Goals

It’s the start of the year and undeniably people are doing everything they can to be better. The answer for improving your results, according to many, start with writing goals down for yourself. Step Two would be identifying someone to hold you accountable for performing the activities needed to accomplish those goals, but that lesson… Continue reading How to Set Your Investment Real Estate Goals

Your Austin Holiday Giving Guide

We are committed to being charitable and dependable members of our community. We truly believe that our business and lives are made richer when we share what we have with others. In an effort to share that giving spirit with you as we enter into the holidays, we are honored to pass along GivingCityAustin.com’s collection… Continue reading Your Austin Holiday Giving Guide

The BIG 3 to Focus On to Sell Your Home For Top Dollar

I have never heard someone say, “I am not concerned with selling my home for top dollar.” It makes sense that we never hear this, right? For most, their home is the largest vehicle for retirement saving in their investment portfolio. So, the question you should be asking is “How do I sell my home… Continue reading The BIG 3 to Focus On to Sell Your Home For Top Dollar

Investor Case Study: Upgraded Cash Flow Property in Kyle

Property Need: Property under $250K, south between Buda and San Marcos, minimal maintenance, cash flow above $100 per month, and greater than 8% return with no appreciation. Subject Property: 1-Story home in Kyle, great access to I-35, 3 bedrooms, 2 bathrooms, turn-key, 1,207 SqFt. Financials: List Price: $184,900 Lease: $1,500 per month Taxes: $3,812 No… Continue reading Investor Case Study: Upgraded Cash Flow Property in Kyle

INVESTOR CASE STUDY: Flip Property in Established Neighborhood

Property Need: Flip property under $250K, cosmetic renovations only Subject Property: 1-Story home in Austin, great access to I-35, 3 bedrooms, 2 bathrooms, and 1,888 SqFt. Financials: List Price: $268,000 Purchase Price: $239,250 Total Cash Contributions by Investor: $47,284.96 Rehab Budget: $60,000 Projected Sales Price: $340,000 Projected Hold Period: 6 months Projected Profit after Closing… Continue reading INVESTOR CASE STUDY: Flip Property in Established Neighborhood

Relationships to Manage in a Real Estate Negotiation

One of the many functions of your real estate agent is to be an expert negotiator on your behalf in your real estate transaction. Part of being an expert negotiator is understanding the different relationships involved in the negotiation. Once you understand who is involved, and their motivations, it is all up to negotiating tactics.… Continue reading Relationships to Manage in a Real Estate Negotiation

10 Important Home Maintenance Items for the Fall

#1 Clean and Stow Your Mower If you’re not familiar with fuel stabilizer, get to know it. If your mower sits for months with gas in its tank, the gas will slowly deteriorate, which can damage internal engine parts. Fuel stabilizer prevents gas from degrading. Add stabilizer to your gasoline can to keep spare gas… Continue reading 10 Important Home Maintenance Items for the Fall