Tax Advantages of Using a Property Management Company

Owning a property that generates a steady income is an exciting idea until you run it by yourself. Every property owner who has tried to manage the properties while juggling another occupation knows how difficult it is. You need to consider plenty of things, such as rent payments, routine inspections, and general administrative work. This piece will highlight one of the less understood benefits of using a property management company—paying fewer taxes.

Taxes graphic
Photo by Karolina Grabowska
(more…)

Continue ReadingTax Advantages of Using a Property Management Company

Investing in Land: What are its Risks and Benefits?

You can find a lot of ways to generate money by investing in land. Despite the erroneous assumption when it comes to putting your money on a piece of a vacant lot (that it’s a weak investment and such), the benefits that you can get from this type of real estate investment are substantial. 

Photo of land in Kentucky

However, an investor like you must know how to do your land investing right, especially if you don’t have enough experience. Aside from the advantages, you should also be aware of the risks associated with investing in vacant land. Read this blog post to learn more. 

(more…)

Continue ReadingInvesting in Land: What are its Risks and Benefits?

How to Get Started in Property Development and Become Successful

You can always check the Louisville Home sales chart to see up-to-date results. Just last month, 1,209 homes were sold. The average home price in Louisville, Kentucky during this time was $267,708. Real estate is a good investment, as it offers opportunities to create wealth, and make passive income for a lifetime, not to mention the tax benefits. This is why many people are investing in property development. However, you need to understand the industry. Going into real estate as a developer without fully understanding what it takes to succeed is a recipe for failure. Want to become a successful real estate developer? Here’s how to get started in property development. 

Photo of heavy equipment developing land for a subdivision
Photo by Shane McLendon
(more…)

Continue ReadingHow to Get Started in Property Development and Become Successful

8 Signs You Should Hire a Property Manager

First, you go out and find that perfect rental property. Now, you need to attract great tenants. Then collect rent on time. What if something breaks? Time to fix it yourself or call a handyman. But there are many tasks that a professional property manager will allow you to take care of other things while they handle your property for you. Read on to see the top eight signs you should hire a property manager.

Photo of a Louisville investment property
Managing your own Louisville investment properties can be a full-time job. Maybe you could use some help?
(more…)

Continue Reading8 Signs You Should Hire a Property Manager

Your Guide to Efficient Home Heating and Cooling

Efficiency in home heating and cooling is vital to making sure that your energy bill stays low while maintaining a comfortable home. However, if you’re not sure what you can do to create a more efficient home heating and cooling system, you might not know exactly how or why to do it. More efficient home heating and cooling is definitely something to pursue, regardless of how much you know about it, and here’s how you can accomplish it.

(more…)

Continue ReadingYour Guide to Efficient Home Heating and Cooling

A Homeowner’s Guide to Buying the Right Air Filters

Clean air is something that you should strive for in your home. After all, the cleaner the air, the less likely you are to get sick. In addition to keeping your HVAC running well, you want the air coming through to be healthy to breathe. To this end, buying the right air filters for your system is crucial. Making a mistake here could mean you’re throwing away money on products that don’t work and might spread more dirt than they trap.

Photo of an air filter for furnace
(more…)

Continue ReadingA Homeowner’s Guide to Buying the Right Air Filters

Moving? New Home Cleaning Tips

Moving into a new home can be very stressful. Even if you have done it several times before. Your new place may have looked spotless the first time you went in for a visit and fell in love with it. But when the time comes to get it ready for your move, you are bound to find a few unpleasant surprises in terms of its cleanliness. Read on to learn some great new home cleaning tips to make for a smoother transition.

Photo of a woman sweeping
Photo by cottonbro
(more…)

Continue ReadingMoving? New Home Cleaning Tips

Using Restaurant Table Bases in Your Next Interior Design Project

Hey, DIYers out there! Ready for a creative interior design project idea? How about building your own table with restaurant table bases! Restaurant tables can withstand a lot of abuse and are known for their longevity. Maybe that’s what you need in your home’s dining room or eat-in kitchen.

Photo of classy yellow dining room leading an interior design trend with colors that pop
(more…)

Continue ReadingUsing Restaurant Table Bases in Your Next Interior Design Project

Top 5 Reasons Why People Sell a House As Is

When you want to sell a house “as is” that doesn’t immediately mean the house is necessarily in poor condition. “As is” means you’re not making any repairs or providing any warranties. The buyer gets the home in its current state. Here in Louisville, buyers can still walk away after their inspections.

Photo of a man with a model house
(more…)

Continue ReadingTop 5 Reasons Why People Sell a House As Is

Tips to Buy Your Very First Rental Property in Louisville

Are you thinking about buying your first rental property? Maybe you want to invest, and you have come to the conclusion that real estate is the best option. Either way, there are a few things that you can do to make sure your investment is a profitable one.

Photo of three people having a difficult discussion.
There are many factors that go into buying an investment property that is very different than buying a home for your family.
(more…)

Continue ReadingTips to Buy Your Very First Rental Property in Louisville

Sustainability Concepts in Modern Property Development

The world of modern property development is undergoing rapid social and economic change, just like many other industries. Leading global finance advisers at Deloitte discuss these changes in a positive light, demonstrating how the challenges facing property development can be considered as an opportunity to drive transformation and growth. What does that mean in real terms for property developers? And, how does sustainability add value for developers, landlords, tenants, and homeowners?

Future of Sustainable Housing must include solar energy as seen here.
This photo isn’t of Louisville, Kentucky but it could be in future years.
(more…)

Continue ReadingSustainability Concepts in Modern Property Development

What Today’s Homebuyers Are Looking For

If you’re selling your home in Louisville or any of the surrounding areas, I’ve got great news for you! Your home is in great demand. I haven’t even visited your property but I know this is the case because housing inventory is at an all-time low. But if you want top dollar for your house, read on to learn what today’s homebuyers are looking for.

Photo of a home with great curb appeal
(more…)

Continue ReadingWhat Today’s Homebuyers Are Looking For

Is Vinyl Siding a Good Investment for Louisville Homeowners?

Any homeowner who has done their homework in choosing new siding has heard about vinyl siding. There are a number of ways that vinyl siding seems like an obvious choice—low maintenance, long life, and a variety of colors and styles. But there are advantages and disadvantages to any building material. Many depend on your location and your budget. Read on to learn the answer to, “Is vinyl siding a good investment?”

Photo of a house with vinyl siding
(more…)

Continue ReadingIs Vinyl Siding a Good Investment for Louisville Homeowners?