Helpful Hints to Real Estate Investing

Are you ready to invest in Real Estate? It can be overwhelming knowing where to begin or what the specific goals you have in mind are. You may have heard your neighbor talk about how their rental properties pay their mortgage and you want a piece of that pie. It sounds like the hot set up and it is. Though rentals can be hard work, they also are a great way to aid in your retirement or passive cash flow. Most millionaires in the United States started by real estate investing and own multiple properties. You can become a landlord, a flipper, or owner as well. “Property Owner” has such a nice ring to it, doesn’t it?


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Helpful hint #1: Do your research. Find out what kind of investor you want to become. Most people have in mind when looking to invest is to own the property, be a landlord and rent the unit out to a tenant. If this sounds too much to handle then there are investment groups that will give you the benefits of being a property owner without the hassle of managing and maintaining it. You would invest in one unit of a complex and the company will manage it all for you. Flipping is also a popular investment strategy. It is where a potentially livable house is bought and renovated in a short period of time to resell. Who wouldn’t jump at the chance to have their own show on HGTV…


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Helpful Hint #2: Sweat the small stuff. Start small when investing such as a condo, small home, or duplex. It will be a better option for your checkbook and will give you a steady income to slowly build your empire of units. Once you feel comfortable with how the process works then you can move on to bigger and better buys.


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Helpful Hint #3: Know Your Market. Shop around and don’t settle. Identify what region you want to purchase in. It is recommended to buy in working class areas. Make sure it’s a good investment and a profitable area. Look into any restrictions that purchasing in that area may arise. Research is the key of successful rental ownership.

Don’t stop here. Go research your next rental before someone else does.

 

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Small Home Updates that Make Big Changes

Many people want to add a little pizzazz to their homes but don’t know where to start. Whether it be to prepare to sell or for the owners personal appeal, these small updates can turn around an entire vibe to make a house a home.


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Never underestimate the power of a can of paint. One can completely revitalize a room. If you still have that pea green wall color that your friends complimented you on in the 1970’s then it may be time to change up your style. Fashions change and our tastes change with them. If you are selling then choose a neutral color even if they all look the same to you and are only slight variations of “baguette” or “camel.” If you just want to spice up your life then choose a hue that shows your personality.


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Replace old hardware on cabinets and drawers. I remember when my mother inherited our grandparents’ house. I had never really thought much of the handles to cabinets. My mother changed them because I am pretty sure they were the originals from 1955 when my grandparents bought the house. I immediately noticed the change even though I had never given them thought before. All her family members commented on them as well. It was such a little thing that made a large impression. Along with hardware, light fixtures and faucets are the next items that can really date a room. Replacing these with a more sleek look will instantly modernize the space.


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Give the outside love. The inside of a home is important, but the outside can be just as inviting or uninviting. Simple ways to add curb appeal is to add a small flowerbed around that tree in your front yard. You can paint your rusty mailbox to a nice warm tone. Of course, don’t forget to mow and edge the lawn. It is an easy and cheap fix to spruce up the yard. Placing flower pots around the porch and a few decorations can really increase the visual appeal and make you want to come home after a long day to sit on your relaxing porch.

 

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Making Back-to-School Rule

Going back to school is always a trip on the struggle bus. This year it’s time to reclaim your “Parent of the Year” status with some organizational techniques that may keep those wheels going round and round more smoothly. Even in the midst of morning madness these helpful hacks will be sure to keep your family on the right track back to school.


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We all know that feeling wrestling a child into clothing or having them dress themselves. Whether it’s your child, little brother, babysitting Sally Screamer down the street, it is a long drawn out fiasco. Then you have to tempt them with corn dogs and pudding snacks to comply. The least we can do is make sure an outfit is completely put together before the battle goes down. Get a small five shelved stand or bookcase and simply place and entire outfit from hair ties to a set of shoes on each shelf in accordance with each school day. This will save you so much time searching for tiny socks that match when you could be making your mid-morning margarita. Then you don’t have to worry about if the laundry is done because you know at least the kid has clean clothes for the entire week.


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Lunches can be a pain to make in the morning. Especially with attempting to make breakfast and make sure everyone is getting ready in time. In order to save a little time, create a lunch organizer in your pantry or fridge. This can be separate sections of fruit cups, cheese sticks, pudding snacks, chips, prepped popcorn or snack bags, and bite-sized veggies that you can grab and throw into a lunch box to complete a well-balanced meal. Less mess, less stress.


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Print or write your own backpack checklist. Kids will have fun checking off their new school supplies. In the evenings, have each child go through a backpack checklist to make sure they have all their necessities for success. Select a specific place for all backpacks to set so they are all together and ready to grab and go as they leave for the day. This may be a given but little habits can save big time.


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Set aside a file for specific paperwork that the kids bring home from school. They can place the report cards or field trip releases in the file so that you can go through them all at once and always have it together. It also ensures that the kids don’t forget their papers and that you don’t forget to sign them. It’s a win-win for both busy parties. Now you can rule over the dreaded back to school.

 

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