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 putti...

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 whi...

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?...

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 som...

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 2...

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 al...

"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,...

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 ex...

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 alo...

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 t...

Are you considering selling your home? Hold on! Learn how to turn your property into a lucrative investment instead. Don't just own a home, make it work for you! From evaluating market potential to managing tenants, this video covers all the essential steps.  In this episode, you'll learn step-by-step how to leverage your home's value and generate passive income. Discover the art of...

In this episode I will be diving in deep on the term earnest money. This is probably a term you are not using in your regular day to day interactions, so I’m going to break it down quite a bit.  Questions that will be answered: 1.  What is earnest money? 2. Why does a buyer need to provide earnest money at all?  3. Why is this a part of the process?  4. Is the money lost or gone forever?  5. Is th...

In this episode I will be diving in deep on two important concepts in real estate: option money and option period. These terms are essential to understand when entering into a home purchase contract.  Option money refers to a payment made by a potential buyer to the seller during the early stages of a home purchase. This will happen after an offer is accepted and is information that is included in...

How many times in the last 30 days has someone asked for a recommendation of any kind? Think about it for a few seconds. Your neighbor sees you in the front yard as your both going out to get the mail at the end of the day. They see that your yard was recently mowed and it’s looking great. They complement the work and then ask, “hey who does your yard?” A family member is buying a new car and they...

There are 3 common questions abut real estate that I continuously answer in 2023.  They are: 1. Will the housing market crash? 2. When will foreclosures begin to increase? 3. When will the housing supply normalize? I answer all three of these questions during this video and provide additional information on what to expect for the remainder of 2023. Clearly, I love Real Estate! Need to talk about y...

I started my real estate journey in November 2020 while making the decision to leave a successful career at Bell Helicopter. It was NOT an easy decision, but I made that tough decision because I saw the potential in what a focus in real estate could offer me. Real Estate is not for everyone. Getting your license is just the beginning, and there are a few additional steps that must be completed bef...

When starting the home search you should probably have a pretty good idea of the features you want in a home. But how do you start the process? What if you are wanting a certain feature that is outside of your price range? How do you know what your price range might be?  Check out this episode of Real Estate, Simplified as I discuss the must have, nice to have, and dream state features when lookin...

HOME BUYING GUIDE: https://bit.ly/homebuyingwithbrandon The home inspection process is one of the most important pieces when finding a home that is just right for you.  Without getting a home inspection done you are potentially setting yourself up for heart ache, safety issues, and a big bill to fix anything that might be wrong with the house. There are a lot of details to consider when deciding i...

Where do you get your housing market information from? Family member, friends, the neighbor down the street? Regardless of the topic we are only as good as the source we get our information from. I talked about the housing market in North Texas (Primarily North Dallas*) which is where I do the majority of my business. *Cities included in my monthly market updates: Frisco, Lewisville, McKinney, Pla...

A recent Lending Tree survey showed that the majority of people believe the housing market is going to crash...even more concerning, they believe it could be as bad or worse than 2008. My biggest question is, where are they getting information from to come to that conclusion? You've probably watched a number of videos on people's opinions on what the 2023 real estate market is going to d...

In this episode of Real Estate, Simplified I sit down with Brandon Bates to discuss the Kahla’s journey through the home buying process…we bought house number two! I discuss what the process looked like from the buyer’s perspective, the variety of considerations we had, how we chose to buy even though interest rates are where they are, whether or not to sale or current house or rent it out, and mu...

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 e...

Do you think you're only option as a buyer to get a lower interest rate in the current market is to personally buying down points on your mortgage? That's no longer the case as sellers are upping their strategy to keep buyers interested by leveraging the buy down program. Listen to how buyers can benefit from this program with no extra money out of your own pocket. I hope you enjoy! Visi...

In this episode I sit down with Brandon Bates to discuss the many reasons why now is still a good time to buy a home in Q4 2022. We dive deep into receiving feedback from buyers that made the decision to purchase when they did and the benefits of making that decision, the ability to drop private mortgage insurance due to the amount of equity a home owner has gained in their property (and how to co...

In this episode I sit down with Brandon Bates to discuss the current buyer dilemma...to buy or not to buy. In the last couple of months we've seen interest rates increase which is causing a lot of buyers to sit on the sideline to simply "see what happens". Research shows that might not be the best move in the long run. Tune in to see what we have to say about that and the research w...