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 ... The post The 4 Pillars of Real Estate Wealth: Cash Flow first appeared on Real Estate Blog KC ..read more

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 ... The post The 4 Pillars of Real Estate Wealth: Debt Paydown first appeared on Real Estate Blog KC ..read 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 ... The post The 4 Pillars of Real Estate Wealth: Appreciation first appeared on Real Estate Blog KC ..read more

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 ... The post The 4 Pillars of Real Estate Wealth: Tax Savings first appeared on Real Estate Blog KC ..read more

In the world of real estate, the term “as-is” can mean different things to different people. When buying real estate, you might think “as-is” equates buying to some dilapidated money pit. When selling real estate, you might think “as-is” means you’re able to pass on your problems to the next person without any repercussions. However, ... The post How To Buy Or Sell Real Estate “As-Is” first appeared on Real Estate Blog KC ..read more

In real estate school, they taught us to determine a property’s value using price per square foot (PPSF). Essentially, dividing the average sale price for a neighborhood by the average square footage to determine an average PPSF. Multiply your PPSF by the house’s square footage to determine it’s value. It’s simple enough way to value ... The post Price Per Square Foot in Real Estate is a Myth first appeared on Real Estate Blog KC ..read more

Two Ways to Ensure Your Pool Will Be a Positive Thing; Not a Problem By Jennifer Kirby – Guest ColumnistAugust 30, 2024 A pool is a great investment. It’s an investment in your enjoyment, health, entertainment, and memories for years to come. It keeps the kids and grandkids coming back. Also, if you don’t have ... The post Before You Buy a House with a Pool first appeared on Real Estate Blog KC ..read more

Have you ever thought about investing in real estate? Many people who have watched house flipping shows on TV might think it’s a quick way to get rich. While I’m a huge fan of real estate investing, unlike the tv shows, this isn’t a great way to “Get Rich Quick”. Further, flipping houses, in my ... The post The 4 Ways You Make Money with Rental Properties first appeared on Real Estate Blog KC ..read more

You’ve certainly heard about real estate values increasing dramatically over the last several years. Unfortunately, that means your property taxes are likely to go up. Luckily, if you believe the county’s assessed value of your property isn’t right, you have the option to appeal it. Here’s how to appeal your property taxes in Johnson County, ... The post How to Appeal Your Property Taxes in Johnson County, KS first appeared on Real Estate Blog KC ..read more

According to the National Association of Realtors® (NAR), 7% of homes sold last year were For Sale By Owner. This ties the all-time lowest percentage recorded in 2021. Clever Real Estate recently did a survey of 1,000 sellers to find out why they chose not to have an agent. Sellers who opted to sell their ... The post Why Sellers Regret Not Using an Agent first appeared on Real Estate Blog KC ..read more