The Wise Home Owner

Are you set up for complete failure financially if you never own a home? Not necessarily. Statistically, are you more likely to have more wealth by using home ownership as the main source of that wealth? Most likely, yes. 

In this episode I spend time bringing you facts about wealth difference between renters and home owners. 

I hope you enjoy!

For more information about all the content I am putting out please follow along on Instagram and TikTok @thewisehomeowner an to get to know me a little more on a personal level check out @brandonkahlarealestate on Instagram.

For any questions you may have about home ownership send an email to [email protected]

Finding a place to call home is a big deal for so many people…since 2020 statistics show that the majority of people spend approximately 17 hours a day within this sanctuary, and with this there is an innate responsibility of ensuring the safety and well-being of our loved ones within its walls. In the pursuit of safeguarding our homes, a topic often ignites passionate opinions – firearms. Now while it is not uncommon for homeowners in America to own a gun, about  four-in-ten U.S. adults say they live in a household with a gun, including 32% who say they personally own one, the idea of homeowners having guns for protection raises questions, sparks debates, and warrants a thorough examination of the pros and cons. In this episode, I’m going to spend time talking through the pros of homeowners owning a firearm and the broader canvas of home safety.

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Mortgage rates hit an uncomfortably high number at just over 8% in some parts of the country in late October, and now, in less than two months, we are seeing rates in the high to mid 6's. That is getting people all sorts of excited about the potential of rate decreases in 2024...predictions are coming out saying 3 decreases to be exact can be expected in the coming year. 

What does this mean? 

Spend the next 10 minutes with me to find out!

For more information about my work, please check out @thewisehomeowner on Instagram or reach out via email at [email protected].

Multigenerational Housing: Nurturing Bonds, Building Futures

Today, we delve into the heart of family living, exploring the profound concept of multigenerational housing. In this episode, we’ll embark on a journey through history, examining the global tapestry of multigenerational living. We'll also uncover the myriad reasons why families are choosing this timeless arrangement, along with some compelling statistics that might just change the way you think about your home. 

Segment 1: Roots of Multigenerational Living

Segment 2: A Global Perspective

Segment 3: The Modern Multigenerational Household

Segment 4: The Reasons Behind the Choice

Segment 5: Multigenerational Living: By the Numbers

Segment 6: Challenges and Rewards

Segment 7: Health Benefits for the Grandparents

Segment 8: The Future of Family Living

So a little bit of a different topic today, but for those of you that don't know I am a Christian and I strive to live out my faith in all aspects of my life...this includes podcasting and through the way I run my real estate business.

In this episode, I spend time covering four sections of the Bible that focus on home ownership.

Segment 1: The Biblical Foundation of Home Ownership

Proverbs 24:3-4 (NIV), states, "By wisdom, a house is built, and through understanding, it is established; through knowledge, its rooms are filled with rare and beautiful treasures." 

Segment 2:
Stewardship and Generosity in Home Ownership

 1 Peter 4:10 (NIV), we are reminded, "Each of you should use whatever gift you have received to serve others, as faithful stewards of God's grace in its various
forms." 

Segment 3:
Honoring God through Hospitality and Sanctuary

In Hebrews 13:2 (NIV), we are encouraged, "Do not forget to show hospitality to strangers, for by so doing some people have shown hospitality to angels without knowing it."

Segment 4:
Faith and Trust in God’s Provision

Philippians 4:19 (NIV) reassures us, "And my God will meet all your needs according to the riches of his glory in Christ Jesus." 

For more information about Brandon Kahla Real Estate, you can reach me at brandonkahlareales

Welcome to The Wise Home Owner! I am Brandon Kahla and my mission is to simplify real estate and what all goes into home ownership. In this show, I will share the stories of clients that I work with, struggles and triumphs of my own experiences of home ownership, what it takes to buy a home in today's market, and all the things to expect (mostly the unexpected) throughout the journey. Come along with me as I dive deep into topics that might seem completely foreign to you, and by the end of each episode you hopefully feel like it's something you can more easily understand. You don't know what you don't know, and it's time to start figuring out what you don't know. Let's get everything down to a 3rd grade level. It’s time to get started!

What does generational wealth mean to you? Have you thought about generational wealth in the sense that it can be attainable for you and be a blessing for your family and loved ones? Some of us don’t really take the time to consider what this phrase means. Maybe this is the first time you have heard those two words combined, generational wealth.

In this episode of The Wise Home Owner I talk with Brandon Bates about how generational wealth can be attained through home ownership, and it could be as simple as buying your first home. We also spend time dissecting the needs versus wants dilemma that we all too often encounter in our everyday lives.

We are going to discuss principles that can allow you to build something that outlives you! I don’t know about you, but I want to know that my children have been set up for success, not just monetarily but in all areas of life, because of the decisions I made and the actions I took along the way. 

I hope you enjoy. 

"What will mortgage rates be in 12 months?" asks the person holding the magic 8 ball.

The person shakes the magic 8 ball and waits for the answer. "Come back in 12 months and I'll let you know then"...even magic 8 balls don't know what is going to happen to mortgage rates in the future! 

Experts will make their predictions based off of decisions made by the Fed, CPI, if bonds are being bought and sold, and so many additional variables. The truth is, no one TRULY knows what the future holds.

But I do think there is a pretty solid answer for what will happen once rates do come down. Remember what was happening to the housing market in 2021 and 2022? Absolute chaos! Homes were being bought for $50-$100k over list price, appraisals were being waived, and inspections were being negotiated completely out of the buying process. People were buying homes without a shred of leverage because it was so cheap to borrow money to buy that home. I don't think we will see another market quite like that, but how many more buyers will be able to qualify for a home loan once rates go back below 5%? Certainly more than the number of buyers that are currently looking. And the chances of there being more inventory for those buyers to choose from is, well...extremely low.

Hey there, welcome back to The Wise Home Owner (formerly known as Real Estate, Simplified)! I am Brandon Kahla and my mission is to simplify real estate and what all goes into home ownership. In this show, I will share the stories of clients that I work with, struggles and triumphs of my own experiences of home ownership, what it takes to buy a home in today's market, and all the things to expect (mostly the unexpected) throughout the journey. Come along with me as I dive deep into topics that might seem completely foreign to you, and by the end of each episode you hopefully feel like it's something you can more easily understand. You don't know what you don't know, and it's time to start figuring out what you don't know. Let's get everything down to a 3rd grade level. It’s time to get started!

Today, we have an exciting topic to discuss that can potentially change your financial game. We'll be talking about turning your home into an investment property instead of selling it. So, if you're looking for ways to make your property work for you, you've come to the right place. Let's dive right in!

For more information about being or becoming a wise home owner and ultimately a faithful steward of the place you call home checkout www.brandonkahlarealestate.com or The Wise Home Owner on Instagram @wisehomeowner

Welcome to Real Estate, Simplified! I am Brandon Kahla and my mission is to simplify real estate and what all goes into home ownership. In this show, I share the stories of clients that I work with, struggles and triumphs of my own experiences of home ownership, what it takes to buy a home in today's market, and all the things to expect (mostly the unexpected) throughout the journey. Come along with me as I dive deep into topics that might seem completely foreign to you, and by the end of each episode you hopefully feel like it's something you can more easily understand. You don't know what you don't know, and it's time to start figuring out what you don't know. Let's get everything down to a 3rd grade level. It’s time to get started!

For this episode, I am running it back. You’re going to hear from myself and Brandon Bates as we discuss marrying the home, dating the rate, and whether now is still a good time to buy a home. This topic or more relevant than ever as rates continue to climb and we’re waiting to hear what the fed is going to do about a possible rate hike in the very near future. As rates climb yet home prices still increase in some areas of the country, especially Frisco, TX where I am located, it’s important to know what experts are saying about home buying in today’s market.

Rates are continuing to increase, but there are programs available that benefit buyers and sellers in this market. If you're thinking about waiting until the new year to buy for the potential of lower rates you will likely be waiting until Q3 2023. Market trends are also showing that even though home prices are leveling off in North Texas they are certainly not tanking. That $500k home will end up being $525k+ in 6-12 months and you will still likely have the same amount in your bank for the down payment...that means a smaller down payment percentage!

Join us for this episode of Real Estate, Simplified as we discuss the current market and ways to make home buying and selling a win:win process for everyone involved!

Thanks for listening to this episode about whether it’s the right time to buy, what the market is doing, how to navigate it, and hopefully you now have a better feeling about how you or someone you know can make an informed decision about buying in the near future. Full disclosure, I did shorten the episode from it’s original version because we start to dive into seller philosophy, so if you want to hear about that please be sure to checkout episode 17 titled “Marry the Home, Date the Rate: Reasons That Buying Now Is Still the Right Decision.

Visit www.brandonkahlarealestate.com former information about our mission and values at Brandon Kahla Real Estate.

I hope you enjoy!

Are you looking to supercharge your homebuying journey? In this episode, Brandon dives deep into the concept of seller concessions, where the seller offers financial benefits to the buyer during the real estate transaction. Discover how seller concessions can empower you with extra funds for your down payment or help you secure a lower mortgage interest rate. Brandon explores the ins and outs of this game-changing strategy, sharing practical tips and expert insights along the way.

Join us to unravel the secrets of seller concessions, explaining how they work, their potential benefits, and the considerations involved. We'll showcase real-world examples, breakdowns of different types of seller concessions, and how they can positively impact your home purchase. Whether you're a first-time homebuyer or looking to upgrade your current property, this episode is beneficial for lowering your out of pocket costs!

By subscribing to the channel, you'll gain access to more valuable content like this, empowering you with knowledge to make informed decisions in the real estate market. Hit that subscribe button now, and be part of our ever-growing community of savvy homeowners and buyers!