Kenn Renner's (kennrenner) Blog

Through the years, we moved to several different homes, some of which he bought and sold and some of which he rented. But because my dad never kept any of the homes he owned for the long term, he never built lasting wealth from real estate, nor was he able to shelter his corporate income from Unc...

I am sure you have heard of or have read Robert Kyosaki’s classic book Rich Dad, Poor Dad. It’s the story of Robert’s “two dads.” One who was conservative and worked his whole life to earn his money – his “Poor Dad” – and the other, his “Rich dad,” who made his money work for him. I have my own t...

The third of the big three reasons to become a home owner is investment. Yes, I know you have been hearing the news on how real estate has tanked and it is not a great investment. Don’t believe the news media. Real estate investing over the years has been a major cause of wealth build up for mill...

Tax Benefits Uncle Sam favors home ownership. Your federal government knows the impact of home ownership and encourages it through income tax incentives. Mortgage interest and property taxes are deductible off of your income. There are additional tax-deductible expenses when you purchase a home. ...

Owning your own home can be more secure than renting for a number of reasons. Home owners are in more control of their living situation. When you own you are not subject to a lease or a landlord’s rules. Leases by design are for a shorter period of time, usually one to two years. Depending on the...

Whatever the season of life you are in when you purchase a first home – it is an exhilarating and tenuous time as you weave your way through the process. You’ll learn new terminology that you’ve never heard of. You will be inundated with new information and multiple decisions that will affect the...

Although I purchased my first home when I was nineteen years old, most first timers are in their late twenties or early thirties. First timers may have started a family, are thinking of starting a family, or may be simply looking for more stability in their housing situation. First timers are usu...

A few nights ago, a strong line of thunders moved through our Central Texas region. As the rain and the wind whipped around my home, I felt safe and cozy in my warm bed. I thought about one of the biggest reasons for owning my own home. Consider the basic necessities. You know, food, clothing and...

“The prices are falling. The prices are falling.” Yes and eventually the prices bottom out and head up again. It’s a fact of life. Prices go down and then they go back up again. The problem is that very few ever buy at the very bottom. Prices start going back up while home buyers sit on the fence...

The government understands the economic impact of first time home buying. From local municipalities to state & federal government, leaders have been coming up with programs to help consumers become home owners. Everything from tax credits to down payments assistance, to bond programs that make ho...