Part II – Building Wealth with Real Estate Part II: Rental Property
This article was also published with permission from Lisa Priest in the Saturday, November 22, 2014 edition of the Palestine Herald Press.
A “buy and hold” investment strategy is just like it sounds—buy it and hold it (typically as income-producing rental property). Rental property is a great way to create monthly income and will also yield a payoff should you ever decide to sell. The market in Palestine right now is ripe with investment opportunities for anyone wishing to get into the “rental game.”
ADVANTAGES OF RENTAL PROPERTY Continue reading
There’s a hot new room that is high on buyer’s want lists–the mud room! A mud room is a “catch-all” entry room that is very functional and can be decorated to the nines, too! Sometimes mud rooms are closed off and are separate rooms and sometimes they make a “room” out of previously dead space (like a hallway, walkway or entryway). Many houses have an existing space that could be converted to the “mud room” aesthetic. In an existing house, finding an unused space to transform into a mudroom is the most cost-effective way to get this look (and not have to remodel!). If you don’t have one (and unless you’ve got a fairly new home or are really lucky), Make One Up! Continue reading
If you are working on home projects or plan to in the future, keep this place in mind–Surplus Warehouse in Tyler, TX. They’ve got everything from doors, toilets, cabinets, flooring, windows and much more! The downside is that you’ll have to haul it back to Palestine, but if you’re doing a bigger project, the savings can be BIG! Continue reading
Boxwoods are a common landscaping shrub and can be found in almost every neighborhood (and probably every street) in Palestine. You may not know what a boxwood is off the top of your head, but you’ll recognize it in the pics, I promise!
These low-cut boxwoods are typical of the landscaping style in Palestine, Texas. I bet you recognize them now! 😉 Image: ian munroe via Flickr
Oh…boxwoods…I have a love-hate relationship with them. Don’t get me wrong…I am not a complete boxwood hater. Well, maybe I am. The photo above is a great use of boxwoods–they are clean and crisply manicured and they definitely add interest to the landscaping. I like boxwoods when they are not the ONLY landscaping in a yard and when they are mixed in with other (preferably blooming) shrubs. However, boxwoods can also date a house, especially when it is the only shrubbery in sight. This is a prime example of the dating effect that boxwoods can have (the green shutters don’t help either, but that’s another post 😉 ): Continue reading
The Ups of Going Down for Baby Boomers: Downsizing for Retirement Living
For many Americans, especially the Baby Boomer generation, retirement is either here or just on the horizon. The first of the Boomer generation to hit retirement age was in 2011 and according to the National Association of REALTORS®, the population of baby boomers entering retirement is projected to be 10,000 people a day, for at least the next two decades! I don’t know about you, but my mind is officially blown. This is the largest mass retirement in the country’s history. So, what does it mean for the Boomers? The Boomers are a generation unlike any who came before them and we are in the midst of an unprecedented housing shift.
November 4, 2014 Anderson County General Voting Polling Locations
Today is Voting Day! Polls are open from 7am-7pm. Check your voter registration card to see which precinct you are in.
Your precinct is shown like this: Continue reading
Palestine, Texas 2014 Fall Bucket List: A great list of things to do this Fall in and around Palestine! Continue reading
All I can say is WOW…it’s November?! I’m pretty sure we just did the New Year’s countdown last week, right!? Time is a fickle mistress. Yet alas, here we are—November! Cold weather is coming and it’s a great chance to get a jump (err…catch up) on some home maintenance before the busy insanity of the holidays hits with full force!
So, without further ado, check out these 8 Tips for November Home Maintenance in your East Texas home: Continue reading
This is going to be a quickie post, but I did want to do a post on it, because many people in Palestine don’t know that we have a professional plumbing supply house! Ferguson Enterprises is for both commercial and residential projects and you do not have to be a plumber or contract to shop here. They have everything from hot water heaters to disposals (side note: the disposals are cheaper and higher quality than Lowe’s!) to pipes/fittings and hardware..seriously, anything you need they will have it, and if they don’t, they will order it and it will be in the same week. Continue reading
Image Credit: Karen via Flickr
It’s that time of year where ghosts, goblins and witches are everywhere. The tombstones are in the yards and they might even have a pile of bones sticking out for dramatic effect. It’s a fun and escapist time of year and one of my favorites, for sure. Everyone loves a haunted house at Halloween, but what if it is a real-life “haunted” house? What does it mean when you want to sell your “haunted” house? Does a ghost add $5,000 to the asking price? Does the ghost need to pay rent?