Money

Depreciation: How To Find Value In Losing Value

In one of our recent podcast episodes, we mentioned that houses lose value over time. This is called depreciation. Today we are going to take an in-depth look at depreciation and how you can actually take advantage of it. https://www.youtube.com/watch?v=syu4EPmiav8&ab_channel=Tom%27sTexasRealty The Value in Losing ValueThe Tax Code allows for investors to depreciate a house because

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Is The Housing Market Slowing Down?

In recent years, the real estate market has been incredibly competitive. We have very few houses and the ones we do have sell for way above the asking price.  However, we may have seen our first indicator that things are finally slowing down. https://www.youtube.com/watch?v=HGQmNtplfMM&ab_channel=Tom%27sTexasRealty The First Indicator?Mortgage applications are down 63% from last year in

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Buying A New Home Vs. Pre-owned | Pros And Cons

One of the most common questions I hear from people who are looking to buy a home is whether or they should buy a new or pre-owned house. Let’s talk about it. Today, I want to look at the advantages of buying a new house compared to a pre-owned house. https://www.youtube.com/watch?v=N-uhW8GpuAw&t=1329s&ab_channel=Tom%27sTexasRealty PriceThis should come as

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You Should Be Investing in Real Estate

Many people would tell you that if you want to invest in something, you should invest in the stock market. I’m not most people. Personally, I think that real estate is a much better investment than stocks. Let me explain. https://www.youtube.com/watch?v=IPgwe4UK2Qs&t=1647s&ab_channel=Tom%27sTexasRealty Supply and demandThis is my own personal theory, and let me preface this by

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How You Can Lower Your Property Tax Rates

What’s one thing you can almost always count on when it comes to property taxes?They are always increasing. https://www.youtube.com/watch?v=xoVdn70Bsqs&t=1s&ab_channel=Tom%27sTexasRealty Here in Dallas-Fort Worth, that’s exactly what we’ve been noticing. On average, housing prices have shot up 19% and we’ve seen a similar increase reflected in property tax bills. Jack and I were curious if there was

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Is Health Insurance Worth It?

I’ve never bought health insurance before.While it certainly may work better for some than others, my experience in the world of healthcare has often shown me that it’s often not worth it. https://www.youtube.com/watch?v=l6r2-ORvlIg&t=668s&ab_channel=Tom%27sTexasRealty Let’s first start at the pricing basics. A quick search of any healthcare plan cost will provide the option of a cheaper plan with

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