One of the most important parts of owning a home is having a kitchen that makes you proud. So much of a home revolves around the kitchen, so it is crucial that the room be properly maintained and well-utilized. Often times, the kitchen is not the size that you wish, and while a complete renovation is an option, that is most likely not in most of our budgets unless it is completely necessary. It is often a better idea to help you utilize every possible square inch of space to its best ability. By … [Read more...] about How to Make the Most of Your Kitchen Space
Many people have heard the terms "Buyer's Market" and "Seller's Market," but do not recognize the difference. Just like everything in real estate and in the economy, there are a variety of factors that determine whether the real estate market is currently suited for buyers or sellers. But what are these indicators, and what causes the shifts in the market? A Seller's Market For a seller's market to occur, there must be high demand for homes, thus driving up prices. In order for high demand to … [Read more...] about What are “Seller’s Markets” and “Buyer’s Markets?”
As HGTV flipping shows continue to become more popular, the idea of flipping a home is more attractive now than ever before. However, real life flipping is not what it seems to be on TV. There are so many moving parts to flipping a home, and without complex planning beforehand, a flip can go horribly wrong. At Brass Financial Group, we are here to help! We will now begin posting weekly articles describing an important tip to remember when beginning to flip a home. For this week, we want to focus … [Read more...] about Fix and Flip Tip: Aim Small When Beginning
Getting into the rental industry is a big step in the real estate market, and there is arguably no better time to get into this market than now. As the younger generations continue to put off buying homes due to immense student loan debts, becoming a landlord at this time can be a lucrative opportunity. However, that does not mean that it will be easy or stress-free. If not done correctly, owning a rental property can be a financial burden, instead of giving you the positive cash flow that you … [Read more...] about How Much Should I Charge for Rent?
All homes age differently, but nonetheless, there will come a time where your home needs an upgrade. While it may seem like a daunting task at first, balancing a needed renovation and a tight budget can be done, while still making your dream home look up-to-date. By doing extensive research prior to the start of the renovations, you can save a lot of time and stress while the projects are occurring. It is important to establish a strict budget, and it is crucial that you do not “stretch” this … [Read more...] about How to Renovate Your Home on a Budget
Starting the process of becoming a landlord can be a daunting task without enough research. If you do not crunch the numbers correctly prior to making your first home purchase, you could be left in a tight financial situation. Owning rental property can be a risky situation if not done correctly, as the property may sit vacant more than expected, or you find out the area around the property is not what you once thought it was. As with any investment, proper research is key. At Brass, we are here … [Read more...] about How to Make Money Off of a Rental Property