3 Reasons 4362 Kacee Rd Makes a Great Starter Home and/or Investment Property!

Kacee 4362 IMG 01_1.jpg

1. List Price! Listed at $139,900 this three bedroom, single family home, located in the Glencairn neighborhood is an affordable price for most first time home buyers AND investors. The rental market in the Bear Creek area where this home is located is extremely active due to the great school districts and close proximity to Hwy 6, I10, 290, BW8, retail, businesses, energy corridor, and restaurants!

2. Recent Big Ticket Items Completed! Per Seller; thirty year roof was installed towards the end of 2008 (Dec), new A/C and duct work were installed in 2009, exterior was recently painted in 2016 and new bathroom cabinets were installed in 2017. 

3. Per the owner, home DID NOT flood during Harvey!

 

 

5 Reasons to LOVE 3818 Regents Crest

Regents 3818 IMG 01_1.jpg

This beautifully updated four bedroom single family home located in the tranquil Westfield neighborhood in Katy, minutes from the Grand Parkway has all of the desired features first time home buyers are looking for at an affordable price. The current owner purchased the property which was previously used as a rental and spent months renovating and upgrading. 

Here are  Reasons to Love 3818 Regents Crest:

1. Updates Galore! The kitchen features a modern backsplash with coordinating black and white granite countertops that compliment paneled cabinetry.

2. New Flooring! The entry way features  neutral gray toned tile and wood floors that favor freshly painted neutral walls. The upstairs hosts three spare bedrooms and a game room with new neutral toned carpet. 

3. New Home Feel! In addition to the new flooring and paint throughout the home; the vanities in the bathrooms are NEW along with new fixtures throughout the home AND best of all NEW ROOF!

4. Move in Ready! No need to delay your move in to complete repairs and remodel. This house is ready to become your home!

5. Peace of Mind! Most importantly the home did not flood during Hurricane Harvey!

 

Property Leasing for Additional Income!

 

1. What does the process of leasing your home involve?

Well, that can depend on your needs. If you just want to do it all yourself, you can! You go get a “for lease” sign, you market your home in the newspaper, online ads, etc; screen your own possible tenants,  write up your own standard lease, that you can probably download from a reputable site and if you’re a handy person you can be in charge of repairs (depending on the terms of your lease agreement). For some homeowners, however, there just isn’t enough time in the day. The ability to utilize the knowledge of a realtor is much more desirable. A realtor can do all of the above for you, including referring you to a company equipped to handle any necessary repairs. 

2. How can I ensure quality tenants will lease my home?

You can’t, life happens, people that would otherwise be extremely responsible, sometimes are forced to do what is economically best for their own families. However, you can increase the probability that you will lease to a quality tenant by performing proper screening, consisting of: employment length; income and rental verification, as well as a credit report. A home is a very personal investment and it is very important that when you are leasing your own home that you or your realtor utilizes an efficient screening method.

3. How much will leasing my home cost me?

Again, that depends, if you decide to do this all yourself or utilize the services of a Realtor. If you handle everything on your own, you’ll be saving the payment to a realtor, which typically can consist of first month’s rent, or percentage of total monthly rent to be received, however; this will all depend on your home’s price, location, agreement between you and the realtor etc. You also have the property management fee, if you decide to go that route. However, there is always the risk that if you don’t follow the right procedures; lease agreement, proper screening, leasing your home could cost you much more. 

Simple and Inexpensive Changes You Can Make to Upgrade Your Rental, Make it More Attractive and Get More Money!

In today’s market, there is no doubt that you have seen an increase of “upgraded,” “high-end finishes” being offered in residential properties for lease.  It might seem unimportant from an owner’s point of view to spend additional money on a home that will be leased. However, due to a slower market many owners are choosing to lease their homes rather than sell, resulting in a large inventory of homes for lease.  Whether, you decide to sell or lease your home making small improvements for a significantly low amount of money can make all the difference in getting your home noticed and getting more money in your pocket.

 

1. Light Fixtures

Standard fixtures are not only an eye sore, a potential renter will begin to wonder why they should spend more money on your property vs. getting the same interior for less at a different property.  Upgrading from a standard fixture to something a tad more luxurious can be a relatively inexpensive upgrade for your home. Pick good quality fixtures, with neutral characteristics and you will notice an immediate change in your home.

2. Matching Appliances

No one enjoys mismatched appliances, whether they are black, white, or stainless steel; make sure that your appliances match. Many apartments offer only black or stainless steel appliances, this is your competition! A veteran renter will know what they can get for their money and you want the veteran renters with great rental history to be your tenants.

3. No carpet

It is not very expensive nowadays to install tile, laminate wood flooring, hardwood flooring, etc.; getting rid of the carpet will completely change the entire feel of your property. Carpet is only desirable in bedrooms or the upstairs floor. Not to mention, carpet in high traffic areas, such as living and dining, is dirty and if your renters have pets, even dirtier. Think of non-carpeted flooring as a long term investment, you will not need to constantly repair and clean tile or wood flooring as you would with carpet.

4. No Wallpaper

Get rid of any wallpaper, not only are most wallpapers unattractive, they tend to be very taste specific. Stick to neutral paint colors, they will automatically create a feeling of simplicity and cleanliness.

5. Kitchen

Obviously, having a great kitchen is always a major selling point when it comes to a home. Older cabinets, unless they are extremely outdated can be dealt with, however, countertops need to be upgraded. Granite is now available in many types that make it less expensive and installation is relatively affordable. If granite is out of the question for you, go for textured laminate or faux granite. Installing a deeper sink and getting a newer faucet not only changes the appearance of your kitchen but is much appreciated by cooks! Cabinet handles can be found on sale at many hardware/interior stores, as well as, flea markets and the internet. Go buy some, even a small difference can add to the overall look of a home.