On May 1, every property owner in Boulder County can expect to receive a notice for the newly assessed value of their property. (Photo: Pexels). This May Day, one thing every property owner in Boulder County can depend on is receiving is a newly assessed property value. Since 2023 is an odd numbered year, state statute […]
Increasing the velocity of your wealth with real estate depreciation
Depreciation of real estate is a tax concept designed to promote investment in real estate, thereby increasing the supply of housing. Bottom line, real estate depreciation can save you money at tax time, increasing the velocity of your real estate investment.(Photo: Pexels). In the U.S., real estate is known for appreciating over the long […]
Increasing the velocity of your money with home equity management
Home prices have increased across the country since the end of the recession in 2012, through the COVID-19 pandemic, and now continuing in 2023. Colorado and the Front Range have seen even more appreciation than the national average. Huge increases in home equity and low-interest rates make it very tempting to pull equity out of […]
Increasing the velocity of real estate wealth through leverage
When investing in real estate, it makes the most sense to get a loan for a good portion of the purchase price. The concept of leverage is what is known as using “other people’s money” or OPM. When investing in real estate, it makes the most sense to get a loan for a good portion of […]
Homeowners Insurance Checkup
The one year anniversary of the Marshall Fire in Louisville, Superior and Boulder County has just passed. The events of the last decade in Colorado, including fire, flood, wind and hail, have shown that most homeowners were under insured or lacked coverage in some areas at all. As homeowners, the responsible thing to do is […]
Why Invest in Real Estate in 2023?
Most people consider their single-family home they live in as an investment in real estate. In fact, when they fill out a financial statement, it is even listed as an asset. It’s true that the home will likely go up in value over the years, and as the loan is paid off, it could represent […]
Safeguarding your home: January is Radon Action Month
The Environmental Protection Agency (EPA) has designated January as National Radon Action Month. According to the EPA, radon is the leading cause of lung cancer among non-smokers. Radon gas is emitted from decaying uranium naturally occurring in our soil, rocks, and groundwater. Radon is radioactive and carcinogenic, seeping through a foundation to build up to […]
Home for the holidays – gift giving to first-time home buyers – Part 2
An exceptional gift idea is helping your relative or loved one with an interest rate or mortgage buydown (Photo: Pexels). The holiday season is upon us, and you may be thinking about finding a special or unique gift your family member or loved one could use for years to come. In my previous article entitled, […]
Home for the holidays – gift giving to first-time home buyers – Part 1
For 26% of first-time home buyers, saving for a down payment on a home is the most challenging step in the home buying process, according to the 2022 Profile of Home Buyers and Sellers report by the National Association of Realtors® (NAR). Overall, it is very difficult for first-time buyers in this housing market. Of all […]
It’s time for your annual real estate checkup
To keep yourself healthy, you make sure to schedule an annual physical. To maintain your financial well-being, it is essential to schedule an annual real estate checkup. November is a great time to conduct that review so you can make any adjustments in the year ahead. If you’re not a homeowner yet or don’t own […]