Four Reasons to Buy Investment Real Estate

Tax Benefits* There are limited tax benefits for middle-class Americans. Rental real estate has two tax benefits that can provide tax-free income to investment property owners and a tax-free windfall to heirs. Owners can depreciate residential rentals over 27.5 years. The depreciation can be used to offset rental income; meaning owners can receive rent from [...]

Is an Accessory Dwelling Unit (ADU) Right for You?

Accessory Dwelling Units (ADUs) are also known as: Ohana Unit (Hawaii) Granny Flat Mother-in-Law Unit In-Law Suite Grand Retreat Homeowners Build ADUs for Many Reasons: Long-term rental: supplemental rental income Short-term rental: Airbnb and VRBO short-term rentals can generate much higher rent than monthly rentals, but require more time to manage Age in Place: Elderly [...]

In Portland, It Now Costs As Much to Rent As to Buy!

According to Rent Jungle, the average rent for a two-bedroom apartment in Portland is $1821 per month. The monthly mortgage payment on a $300k home purchased with five percent down falls within the same monthly payment range. By the time you factor in the tax savings associated with the mortgage interest deduction, the net monthly [...]

Two Factors That Impact Your Mortgage More Than Interest Rates

Most home buyers have been trained by the media to be highly focused on interest rate. As you will see below, changes in interest rate have less impact than purchase price and property taxes. Property taxes and purchase price have the largest impact on monthly payment, interest rate typically comes third, and homeowner’s insurance has [...]