If you need assistance, please call 218-851-8550

Angie Novitzke

EXIT Lakes Realty - Chad Schwendeman Blog

Thursday, June 28, 2018   /   by Justin Burke

Paint your front door this color and boost your home’s selling price by $6,200

Picking the wrong color could cost homeowners when it comes time to sell

Getty Images/iStock
A fresh coat of paint will help a house get sold, but choosing the right color can make sellers thousands of dollars richer.


When it comes to paint color, homeowners may have reason to go back to black.
Houses with front doors in shades of black — from charcoal to jet — fetched $6,271 more than expected when sold, according to the latest paint color analysis from real-estate website ZillowZG, -2.78%
A black front door wasn’t the only bold design choice that paid off for home sellers. Tuxedo-style kitchen cabinetry — where the upper cabinets are white or light-colored and lower cabinets or kitchen islands are dark navy or black — garnered a premium of more than $1,500.
“We’re seeing a notable shift in home design where pops of color — particularly in darker hues of blue and gray to ev ...

Read More

Wednesday, May 30, 2018   /   by Justin Burke

Rental Property Investments Help Build Wealth in an IRA

Rental Property Investments Help Build Wealth in an IRA

Real estate assets encompass many diverse holdings. One popular way investors build wealth is through rental property investments. Rental assets have the potential to produce reliable monthly personal income for some investors. Other individuals earn retirement income from rentals purchased in their IRAs.
Self-directed IRAs provide account owners the unique ability of the Freedom to Invest™ in assets they personally know and understand. Account owners choose investments for their self-directed plans, drawing on their own expertise. If you’re familiar with rental property, using your IRA to invest can help you grow funds needed to retire.
Bear in mind your IRA owns investments purchased with funds from that account. Rental property investments produce monthly rental payments that are deposited directly into the IRA. If you decide to sell the property your IRA acquires that incom ...

Read More