TxFamily.com: May 2016

Monday, May 30, 2016

628 Naples Dr Allen Twin Creek Wendy Huang 972-365-7888 RE/MAX Premier G...

Wendy Huang, MBA,SRS, GRI, CRS, IRES, e-pro, ASP, ALHS, SFR, RFC, RE/MAX Premier Group, RE/MAX Hall of Fame,

RE/MAX Lifetime Achievement ; Over 20 years' experience!

Helping Over 1000 Families Meet Their Real Estate Needs !!!

Direct: 972-365-7888

Has your home value gone up in the past 6 months? Click here for a Free INSTANT Report ! '
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The Obvious Alternative Investment

Rental homes can be a natural alternative investment choice for homeowners because they are already familiar with houses. Maintenance on a rental is not that much different than on your personal home. The same plumbers, painters and other workmen can be used to make repairs.

Single family homes offer an investor high loan-to-value mortgages at fixed interest rates for long terms on appreciating assets with defined tax advantages and more control than other investments.

High loan-to-value mortgages – most investments require that you pay cash but rental properties can be purchased with 20% down payment.
Fixed interest rates – most commercial loans are based on a floating rate such as prime interest plus one or two percent compared to real estate loans as fixed rates for the term.
Long terms – commercial loans are generally short-term such as six months or a year with the possibility of being renewed for another six months or a year unlike real estate where a 30-year mortgage is commonplace.
Appreciating assets – real estate has a long-term history of going up in value.
Defined tax advantages – many investments are taxed as ordinary income but rental real estate enjoys a non-cash deduction called cost recovery, the profits from sale are taxed at lower long-term capital gains rates or may be eligible for a tax-deferred exchange.
Control – rental homes don’t require partners and afford the investor more options than investing in mutual funds and other traditional investments.

The demand for good rentals is strong and the rents continue to go up in most markets. There are people who choose not to buy or cannot buy a home who would prefer to live in a single family home rather than an apartment.

Wendy Huang, MBA,SRS, GRI, CRS, IRES, e-pro, ASP, ALHS, SFR, RFC, RE/MAX Premier Group, RE/MAX Hall of Fame,

RE/MAX Lifetime Achievement ; Over 20 years' experience!

Helping Over 1000 Families Meet Their Real Estate Needs !!!

Direct: 972-365-7888

Your Tenants Will Send Your Kids to College

Parents, with children getting closer and closer to entering college, may also be feeling stress because they haven’t saved enough for tuition and other expenses. It’s estimated that the average cost for the 2015-16 school year is $32,405 for private colleges, $9,410 for state residents of public colleges and $23,893 for out-of-state residents.

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If you started saving the year your child was born, you’d have to save $4,608 per year for 18 years at 5% to accumulate $129,620. If you waited until they were 10 years old, you’d have to save $13,574 per year to have the right amount.

Saving enough can be difficult if you have a lot of time but if you only have a short time to meet your goals, it can seem impossible.
College costs.png

Student debt is one way to handle the tuition but many parents are reluctant to saddle their children with the obligation. Currently, there is more than $1.2 trillion in outstanding student loan debt to 40 million borrowers with an average balance of $29,000. Some economists suggest that this debt is delaying would-be buyers from making their first home purchases.

There is another way to pay for the education by making an investment in a rental property. Rents are continuing to rise, homes in owner-occupied neighborhoods are appreciating and the leverage due to borrowed funds can be a huge help in building the equity to pay the tuition.

Rent the home and maintain its condition over the years. As the loan amortizes and the value increases, the equity will grow. When your student is ready to start college, you'll actually have several options.

You can sell the property; pay the tax on the gain at the reduced capital gains rate and fund the education. Another option would be to refinance and take the proceeds to pay for the tuition. This would allow you to continue to own the asset but would free your equity. Under current tax laws, it is a non-taxable event.

In effect, your tenants are paying to send your kids to college.

Wendy Huang, MBA,SRS, GRI, CRS, IRES, e-pro, ASP, ALHS, SFR, RFC, RE/MAX Premier Group, RE/MAX Hall of Fame,

RE/MAX Lifetime Achievement ; Over 20 years' experience!

Helping Over 1000 Families Meet Their Real Estate Needs !!!

Direct: 972-365-7888

Sunday, May 29, 2016

628 Naples Dr Allen TX --Famous Twin Creeks!

GOLF COURSE LUXURY! One of the best Treasures in Twin Creeks! This Gorgeous Toll Brother's Executive home is back to golf course and more expensive million-dollar new homes. Loaded with upgrades and high-end finishes, soaring ceilings, open floorplan. Resort-style designed for entertaining. Beautiful rich hand scraped hardwoods. Brand New Designer's color. The Chef's Kitchen with granite, island, gas cooktop, walk-in-pantry & stainless appliances that opens to the living room overviewing the golf course greens. Media Room Screen, Projector & Movie Style Leather Recliners Stay. Walking distance to Most wanted Evans Elementary. The home is elegantly appointed & features numerous amenities throughout. Please contact Wendy at 972-365-7888 to book an inside tour

What I love about the home

Master planned Twin Creeks community offers park, playground, swimming, tennis, soccer, baseball fields, hiking & biking trails, fishing spots & Beautiful 18-hole golf course. HOA covers front lawn maintenance. Minutes to Shop at Watters Creek, the Village at Allen, the Village at Fairview, Allen Premium Outlets, the Shops at Legacy, Stonebriar Mall, famous restaurants & Highway 75 & 121.

Wendy Huang, MBA,SRS, GRI, CRS, IRES, e-pro, ASP, ALHS, SFR, RFC, RE/MAX Premier Group, RE/MAX Hall of Fame,

RE/MAX Lifetime Achievement ; Over 20 years' experience!

Helping Over 1000 Families Meet Their Real Estate Needs !!!

Direct: 972-365-7888

Friday, May 13, 2016

West Plano 3608 Dandelion Plano TX 75093

Absolutely perfect! Updates Galore! Elegant Style! Built to meet today's life style with 5BRS, 4Bath, 3 car garage with sparking Pool & Spa. Fabulous floorplan with Grand master suite and a guest suite or study downstairs. Formal Living, Family, Gameroom & master overlooks pool. NEW designer's color throughout. Heavy Crown molding. Quality Hardwoods, New carpet, Large Gourmet kitchen with island, NEW Granite counters, NEW stainless appliances: Double ovens, Cooktop, & microwaves. Breakfast area with wall of glassed-in cabinets & NEW built in granite desk. Upgraded Master Bath with Fameless shower and upgraded Jacuzzi tub, New tile floors, and large Walk in closet. Covered patio, 8ft doors. 3 HVAC units, Oversized 3-car Garage. Award Winning Schools, Great Location. Walking distance to the most popular Daffron Elem school. Minutes to Robinson Middle, Jasper High and Plano West S High. A Must See! Contact Wendy at 972-365-7888 to book an inside tour!!!