Advantages Of Investing In Real Estate

November 12, 2016  //  Posted by: Sussane  //  Category: Uncategorized
Benefits of Investing in real estate

Advantages of Investing in real estate

There are many people who have arrived to the conclusion that they have a need to start to diversify the profits of their business somewhere else except their savings account. If you also have similar thoughts then you also pay close attention to this article as it will help you diversifying the income. One of the best ways of diversifying your income is investing in real estate. Investing in real estate is not always amazing but it can be great way of building wealth over some period of time that too for the entrepreneurs. Here are some of the advantages which you can get from investing in real estate.

  • Cash flow

There are many people who are investing in real estate just because of the cash flow- all those extra money which have been left even paying all their bills. Cash flow can avail ongoing monthly income which is most probably passive and also allows you to spend your time building up a business or travelling or reinvesting in more real estate. Cash flow coming from real estate is quite stable and very much predictable as compared to that with other businesses. This is really great for those entrepreneurs who have ups and downs in startup life. Having good cash flow by investing in real estate can help you float through in bad times.

  • Tax benefits

Here’s a simple question, if you are earning 50000$ from your own business and I am earning the same from rental properties who would get to keep more? Yup that’s right. I will be able to keep more as government rewards the owners of rental property. The cash flow received from investing in real estate is not subject to self-employment tax and along with that government is also giving other benefits like depreciation and also lower tax rates for long term profits.

  • Loan pay down

When you are investing in real estate using mortgage, actually your tenant is the one who is paying up the mortgage money and hence increasing your net worth every month. Today you must own 200000 on a rented property but next year you will only have 195000 as your tenant making and making you rich by 5000. Hence investing in real estate is really beneficial and you must opt for it if you are having extra funds.

  • Appreciation

When you are paying the amount of loan, the value of your real estate usually goes up. Hence you will always get benefitted while investing in real estate as you will earn a great profit. Yes of course recession do happens, sometimes prices do fall but eventually it will rise again and you will be in profit only. It might be possible sometimes that you buy at wrong time when the prices are really high and then you think you made a mistake by investing in real estate as you see the prices falling. But don’t rush into decision of selling it as prices are falling. Hold your horses and wait for the right time.


Things To Know Before Buying A House

October 24, 2016  //  Posted by: Sussane  //  Category: Real Estate
Tips for Buying a home

Ways of buying a home

Buying a house is like the biggest investment you will ever make in your life. It’s such a big decision and you need to be prepared for it. Buying a house involves many things to be checked and it’s a big matter. You need to make some study and have idea as to what to see and check while buying a house. If you are going to become a new home buyer then here are some of the things to know which will help you make the right decision.

  • Know how the process of buying a house works

When you finalize the decision of buying a house, you need to be aware with the home buying process. There is lot to know about the process. How to hire a broker or what would be amount of brokerage to be paid or how will be the payment procedure of the brokerage. All these things must be learned before going for the final call. Many of the time these brokers also trap you emotionally with sweet words. Don’t trap into any such thing. Keep the frame of your mind soughed and buy only if you like it.

  • Beware of fix uppers

A fix upper house is a house in an area where you would not able to afford a home but still you are getting it because of the condition of the home. While buying a house, make sure you are very much alert about such types of houses. These houses need a good amount of investment in renovations. If you are ready to put a high amount in renovation the only opt for something like this. This kind of purchase is risky purchase. It’s advisable to go for home inspection for such houses after rain so be sure you will not end up having big hole in your pocket after opting for such home.  Generally the areas to be checked in such homes are basement, roof and foundation as they eat up lots of money.

  • Manage your finances

While buying a house, if you like a particular one, first of all you must consider your finances. Check whether you are able to make the down payment or not. If you are going to take loan for the rest of the amount then what will be the amount of loan and whether you will be able to pay that or not. If all the financial criteria match up then consider the final purchase or else you don’t want a palace where you have to live like a beggar.

  • Check out all the areas properly

When you are buying a home, it’s very important to have a detail check on each and every area of the home. Check interior as well exterior areas of the home in detail. Many of the people just have look at the interiors and forget the exterior which is very much also equally important. If there is any repair in interior part of the home then it is affordable but exterior parts repair are too much costly.

6 Tips of Selling your Property Without Agent

July 21, 2016  //  Posted by: Stephen  //  Category: selling

Tips of Selling your Property Without AgentWhen you are totally ready and planned for getting your property sells the first thing which strikes up our mind are to go for hiring the real estate agent or not right? Well, frankly speaking there are many advantages which you can avail if you are not going for hiring up the agent but it also supplies with its drawbacks which you need to keep in mind. Flying solo will help you in many ways but the exact thing which you need to take in to account is to go for knowing up the appropriate and perfect knowledge which you are in need of at the time of selling your property without agent. Planning proper selling your property without agent is considered to be good option which the home owners must definitely go for trying up.

Selling your property without agent is considered to be a tough job but with proper guidance you can easily comply with the further process by your own. Getting your own access towards selling your property without agent will help you in not only getting the confidence but will also help you in making you familiar with the market prices and the ratings which are going on in the market of the property. Well, there are many tips which can help you in the matters of going for selling your property without agent like, the cost of middle man will be deleted, you must know the exact amount of your property to be sold at, etc. and much more tips which can be considered to be in the benefits of the property owners at the time of selling your property without agent.

Tips of selling your property without agent

  • The first thing which can help you in the matters of going for selling your property without agent is you need to take in to account different listing which is considered to be applicable for your property. Yes, it will help you in knowing the exact rating of your property which is dependent on the area which you consume.
  • Going for the right type of listing price is considered to be good for the property owners who are planning of selling your property without agent. Now it is the time of going for attracting more of the property buyers for your home.
  • And the most simple ways which can help you in the matters of going for selling your property without agent is to decorate and make your property to be more and more attractive which is considered to be beneficial for the property owners.
  • In other words we can say that it is considered to be preparing and making your property ready for the matters of selling it.
  • As your home is being ready for selling, now it is the time to make the marketing plan which is mandate criteria because it will help you in getting one of the best deals for your property which you can go for.
  • As you are not going to hire up any agent, but getting the real estate attorney is considered to be the right thing which the property owners must definitely go for. This will; help you in getting the accurate ratings and the price for your property.




3 Things to Consider before Renting Apartment

June 10, 2016  //  Posted by: Stephen  //  Category: Rent

Things to Consider before Renting ApartmentWell, there are many things which you need to take in to account before renting your apartment because we know that buying the first apartment is something very much special to me and if it goes in wrong hands than it can create way more problems for you. Well, home so considered to be an important thing for us whom we don’t want that to get spoiled up right? So it is very much important to consider certain things before renting apartment because it can help you in many ways. There are many things to consider before renting apartment like the person to whom you are giving your apartment is eligible enough for taking your home or not? etc. and many things to be considered before renting apartment.

This article will help you in many matters when it comes for things to consider before renting apartment. There are many things to consider before renting apartment like seeing the background of your tenant to whom you are going give your apartment, make the consideration that he or she can afford the rent of your apartment, etc. and many more of such things which can help you in getting understands the things to consider before renting apartment.

Things to consider before renting apartment

  • The tenant can afford it or not

The first and the foremost thing which being an home owner you must take in to consideration before renting apartment to any individual is that he or she can afford your price of not. Because many of the time we have observe that many times that at first the individual will show up with many of the fake things which can be considered to be good but later on it may be possible that it can create many problems for the matters of paying off the rent amount which you have decided for.

  • Check for the background of the tenants

It is very important for the home owners to go for checking up the background of the tenants to whom they want to rent their apartment. It is considered to be an important factor which the home owners must go for before renting apartment. If that individual is not from the good background than it might be possible that you may get way more complains from your neighborhood and it would become difficulty for dealing such of the situation.

  • Rent agreement

Another important thing to consider by the home owners before renting apartment is to verify and then go for the rent agreement which they have meant for. It is important to look for agreement and it is more advisable to enter in to contract because many of the times we have notice that no rent agreement has been taken in to consideration and this leads to the situation that the tenant doesn’t allows the home owners to get their home back. For avoiding such situation it is considered to be important factor which the home owners must take in to account before renting apartment.

Things to Consider Before Renting an Apartment

July 30, 2015  //  Posted by: Sussane  //  Category: Real Estate

Things to consider before rentingFinding out a suitable apartment is not an easy task as you have to choose one from plenty of options available. Not only have you had to choose one you have to get stick to it for the whole year by signing out the lease.  For getting a perfect decision for your home, you need to be particular as to what you want from your home. This should be decided before beginning the search of your apartment. For making your decision and search process little bit easy here are some of the points to consider before renting an apartment.

  • Location

The basic thing to be taken into consideration is the location of the apartment. It depends upon which type of surrounding you want. You might want a apartment which is close to the point of interest of the city or you also has a place in mind which serves you with a good neighborhood. Decide the area which is general to live. You don’t have any specific choice of place for your apartment in mind then you can also see for the surrounding area. Check out the area provides a good sense of neighborhood, along with shops and departments for basic amenities. Also see the environment and overall character of the location before renting your apartment. Don’t go for the one always go for options and then decide the one you want.

  • Rent

Another consideration which you should see is of the rent. The location and other factors must match up with the amount you are willing and able to pay per month as rent for your apartment. Before searching your apartment you must decide a specific range and search according to that range and also have a maximum figure up to which you can go. If you are living with others take care of the constraints you have to face and then decide the range of the rent.

  • Length of lease

Decide the time limit for the lease of your apartment. You must decide beforehand as to how much time you need to stay in the rental apartment. Generally the lease period is six months or it can also be one year depending upon you. If you want a rental apartment on monthly basis then your options gets reduced. Along with reduced options your rent per month also gets higher as compared to the rental apartments with higher lease period.

  • Size of the apartment

Next thing to consider is the size of the apartment. Determine which type of apartment you want and of what size. There are varied sizes in the rental apartments as for single family apartments to large size apartments for larger family. Check out both the positive and negative impacts of the rental apartment. For example some of the apartments offer privacy and space but they fail to offer the amenities nearby.  On a contrary there are several rental apartments which offers good amenities but they lack in the matter of privacy, there is always public around.


Tips To Buy A Property In East Coast

December 08, 2014  //  Posted by: Property Owner  //  Category: Real Estate

east coast propertyThinking about buying real estate in East Coast? Know all the aspects before taking a decision.


Why buy a house of your dreams?

There are several advantages of buying a coastal home. Some of the pros are:

  • Beach itself is an amazing reason itself
  •  The soft sound of water and the picture perfect view
  • Escape from the city
  • Calm soothing relaxing environment
  • Oceans effects the weather
  • More oxygen
  • Therapeutic effects of salt water
  • Make your family happy

Or it better to think again?

But, remember it is not all good. There are a lot of cons in buying a coastal property as well. Some of them are:

  • Way more expensive
  • Insurance is even more costly
  • Crowded during seasons
  • Home maintenance is just too much
  • Completely empty in off season
  • During winter, no shops are open
  • If you are investing, then it’s an on and off source of income
  • Also, difficult to find a tenant
  • Higher risks for natural hazards like floods, storms etc.


General tips:

• Reason

Is it an investment or a permanent home or a vacation home? Keep a clear idea about this.

• Location

Check out the popular locations in your desired areas. Also, never be rigid about which area you want. There is a possibility that a better prospective comes up

• Buying capacity

Always remember, never starve yourself just because a costlier purchase. Always keep your price range fixed and find houses accordingly

• Buyer for your own house

If you are thinking of shifting permanently, don’t buy anything until you have sold you own house.

• Legal aspects

Appoint a solicitor, who can explain all the legal aspects to you.

• 10% deposit

Make arrangements for the deposit as this money isn’t covered by the home loan

• Settlement time

Always understand, that settlement time is the time between settlement date and transaction period. Make sure you enquire about it.

Bank evaluation

While making such huge purchases, it is wise to take a loan from bank and then buy even if you have assets. Bank loans save you from the legal issues of giving records.

Remember that you should choose a bank for mortgage with minimum tax. Also, you should understand all possible aspects of taking loans


Finally while making a purchase, try not giving yourself away. You can get a better price

• Auction

Buying in an auction is good as you can get a well inspected fully furnished house in your price range

• Good market

If buying it from a seller, make sure to be safe. Approach 2 3 people before making a decision

Understanding contract

Understand each and every aspect of the contract and make changes accordingly

Pre-settlement inspection

Make sure before you make the purchase, you get your house inspected properly to avoid house repair expenses.

• New is better

Always try choosing a new home rather than an old one. It is more long-lasting.

• Excess of anything is bad

Don’t buy a 4 bedroom house or a very big house. Instead go for a nice penthouse apartment with 2 bedrooms only.

• Pests and building

Make sure the base of the house is good. Also, there shouldn’t be any infestations.

Your house is a big commitment. So choose wisely.

Renovation Tips to Add Value to Your House

April 19, 2014  //  Posted by: Sussane  //  Category: Relocation

Home renovationRenovations, a great value additions to your home whether it being small or big. If you are of the opinion that minor changes does not add up a lot to your house then you are mistaken. Minor renovations also add a significant value to your home. But as you are not the renovating expert you might not be able to discover what kind of renovation your house is in need of. So carrying out any renovations without proper guidance can prove as unnecessary expenditures without giving you an appropriate result which can contribute in the value addition process of your house. Here is a little renovation guide which will help you decide which kind of renovation you should go for.

  • Insulation

Insulation is very important factor in contribution towards adding the value to your house. In today’s time many homeowners consider insulation as a necessity and lack of insulation gets a straight away denial for your house to be purchased. Lack of insulation can be considered as a sign of unhealthy home and that can be a reason in the downfall of the value of your home. Spending on the insulation is not a cost it’s an investment.

  • Add a deck

Deck is a very beautiful way for adding up to the value of home. Having a room and simply adding a deck can add up a significant beauty and value to your property. It is good point of attraction. It is a much more desired way for adding indoor and outdoor flow in the house. Potential buyers of home are in search of such entertaining decks and always keep this in their wish list for house. So this can be a considerable addition to your home.

  • Refit the kitchen

Buyers have a fair idea that they are going to spend a lot time in the kitchen of their house and that’s why they always prefer a facilitative and comfortable kitchen. A clean kitchen with the touch of modern amenities can really attract the buyers especially the female ones it can really pop your home’s value. While renovating kitchen you have two options either replace or recovering.  Consider cost of both along the end result of both and which can really work out for you in popping up the house value. You can keep more focus on doors, drawers, cabinets and handles. Make sure they look tidy and adorable.

  • Update the bathroom

Along with the kitchen, it is also very essential to add a modern and classy look to your house. A bathroom with cool looks can give a good impact on the mind of the buyers. A good bathroom is also a good point for keeping the price of the home to your expectations. A bathroom which looks old will be a great drawback on your entire property. You can modify your bathroom by giving good effects of lights, having fashionable faucets, cabinet fronts and stuff like that. Replacement of a stained grout will really be an great improvement and if you are a handy person it can undoubtedly be an cost effective and an appealing addition to your home.


Tips to purchase a coastal property

March 06, 2014  //  Posted by: Property Owner  //  Category: Home Financing

purchase a coastal propertySome tips to purchase a coastal property are given below:-

• General tips – Ahead of making a tender or entering any negotiations on a property purchase, it is vital to have several items set.

1. A prior approval of finance from your agent or lending association.
2. Your own land sold or at least charged for price and possible sale time.
3. You have a solicitor chosen.
4. Decide on how to pay the 10% deposit and related expenditures.
5. Before you take ownership an idea of settlement time is required.

• Building and pests report – It is significant that you arrange for building and pests testimony from a skilled superintendent, the time when you have arrived to a contact for your new possessions.

• Bank valuations – If your bank or lending institution needs a valuation by a registered property valuer don’t get worried. This serves for confirmation of the agreed sale price as this is a common practice of lending foundation.

Buying at auction – All the above bring up must be in place if you are intending to purchase at auction. If you roll and turn up to bid at auction and become the highest bidder more than the market price then you will be the immediate owner in anticipitation of settlement of that property.

• Understanding contracts – This unconditional exchange of property means the purchaser’s solicitor has signed a 66w official document. This credential will relinquish any cooling off period and built both parties entrusted to an immediate legally binding relationship. This option also applies when the buyer is the successful bidder at auction where contracts are unreservedly switched over. In this case there is no turning back.

• Pre-settlement inspection – Before settlement is confirmed, your solicitor may recommend a pre-settlement inspection on the day the settlement which is due to ensure that the property is in the same form as and when you decided to buy it.

Installing Stair Runners

February 07, 2014  //  Posted by: Property Owner  //  Category: Home Construction

Installing Stair RunnersStair runners are usually carpets which are installed on the stairs to make the look of the house more appealing. It has its other set of advantages too like preventing slipping on/ from the glossy staircase or giving more warmth in the warmer colder months of winter. The best way to feel like you have made a very good buy is do the work yourself. Installing the carpet on your own is a whiz. The hardware store (if you buy your carpet from there) sometimes even rents out the tools to do the installation job. The tools that can come handy if you are thinking of a self installation are: a carpet knife, a knee kicker, an eye protection goggles, sheet metal snips, a carpet tool, a hack saw, framing squares, tape measure, 9/ 16” electric staple gun and a rubber mallet.

Spiral or winding staircases may be a little difficult to deal with but not too difficult to do it yourself. It may take longer but the work if done yourself gives you a sense of pride on finishing it. Once you remove the old carpet, before installing the new carpet the area would have to be clean. This would include removing old paint stain or glue stains from the previous carpet. Now that everything is ready the new carpet is ready to be fitted.

You can start by laying out the stair runner strips and then fitting the carpet pad. Fitting of the carpet pad is a very important thing. It should be undetectable and gives the main grip to the runner. After this installation the runner should be secured to the first stair. Attachment of this runner to the treads is what follows. After this the runner should be fastened with the riser and the last thing is fitting the rods.

Creative Home Construction

December 26, 2013  //  Posted by: Property Owner  //  Category: Home Construction

Creative Home ConstructionThere has been quite a sudden downturn of activity in the business of home construction. Builders are becoming more open to new savvy and innovative techniques for construction and buyers are lapping up all of them. As the phrase goes, “change is always good”, and buyers are agreeing to that now more than ever. Builders are becoming more and more creative in their work techniques to survive in the market. They are drawing the audience by reinventing themselves and showing new and improved craftsmanship.

Builders are realizing that the women in the family often have the final say regarding the purchase of a new house. Hence they are catering to this section of the buyers by incorporating some new innovations such as larger laundry rooms, more storage space, larger kitchens, security systems and higher quality construction. But they have not totally forgotten about the men either. Bigger garages with a work area, space for a home theatre system and a big TV (to enjoy all the football), separate shower rooms and tubs, they know what the men look for. So for all the guys out there, you have nothing to worry about.

If you believe in health consciousness and “going green”, builders have ways for that too. They are incorporating many energy saving techniques, including using products such as emit less gasses after the construction is done. Cooling and heating costs are being taken into account and more economical products are being installed. Flexible flooring plans, outdoor rooms, terrace gardens, gazebos, porch swings, even Feng Shui is being used in the designing and construction of new and modern houses.

Whether it is constructing a new modern innovative house or redesigning an existing one with new gadgets, you can bank on the builders to make your house look creative and great with their out-of-the-box techniques.