Home Remodeling Blog - Planning Ideas, Tips and Tricks
Viewing posts for the category Investing
The Practical Guide to Remodel Budgets
Posted by: Cary Waddell in Basement, Bathroom, Bedroom, Building Equity, Fix and Flip, Home Improvement, Investing, Kitchen, Kitchen Cabinets, Master Suite, Project Budget 5 years, 10 months ago
Whether you just bought your first home or have lived there 20 years there will always be projects you are looking to complete on your home. Dreaming of a beautiful patio, new kitchen, finished basement or new landscaping all require prep to take from dream to done. If you are planning major remodels or minor renovations you need to figure out what materials will be used and how much they will cost. Building a solid plan is often overlooked, which is why over 60% of renovations go over budget. In fact, only around 3% of renovations are completed at or below budget. Here are a few tips on building a plan to complete that remodel at or below budget.
It’s tax season again. Do you know your homes tax basis?
Posted by: Cary Waddell in Basement, Bathroom, Bedroom, Building Equity, Closet, Fix and Flip, Garden, Gardening, Home Improvement, Investing, Kitchen, Kitchen Cabinets, Master Suite, Project Budget, Walk-in Closet, Yard 5 years, 11 months ago
Every year millions of people buy or sell homes in the US. It’s a rite of passage to purchase a home. Whether you are moving from an apartment, your parent’s basement or an existing home there is one important thing the tax man wants to know when you sell your home, what is the tax basis value of your home? Why should you care about this if you are buying a home? That’s easy, when it comes time to sell your home you can minimize the tax basis and pocket more of your own money.
What is Home Renovation Hub and why would I use it?
Posted by: Cary Waddell in Fix and Flip, Home Improvement, Investing 6 years, 7 months ago
The Home Renovation Hub has a wide variety of tools to greatly improve budgeting, organizing and showing off your DIY projects. We are dedicated to building tools with the homeowner in mind, but the tool can be used for any project that requires materials, budgets, research or instruction. Combine what you find on Houzz.com with ideas from Pinterest, add what you learn on YouTube with instructions you find on Instructables and your DIY project begins to come together. Save links to contractor reviews, maintenance schedules, online manuals, add notes, estimated costs for portions you will hire out. The items you can save to your projects will only grow over time. Our tools to help save you both time and money.
