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Find Rooms & RoomMates

1. ABLE TO AFFORD A NICER PLACE
Financial benefits of having a roommate include the chance to afford a nicer place. When living on your own, you might not be able to live in the neighborhood you prefer. However, if you get a roommate and share the cost of rent, you can possibly move up and settle in a desired community.
2. SPLIT UTILITIES
Not only is there the benefit of splitting rent, you can also split household expenses, such as power, water, cable or gas. This can take a huge burden off your shoulders. And if you’re still living at home with mom or dad, getting a #roommate can help you move out sooner and become independent of your folks.
3. CREATE AN AMAZING BACHELORETTE PAD
If you’re moving into your first place, you probably know how you want to decorate the home. But unfortunately, decorating and furnishing an apartment or house on one income can be challenging. However, if you move in with a friend, the two of you can combine funds and create the living space of your dreams. This can make for a fabulous bachelorette, or bachelor, pad.
4. BUILD A CASH CUSHION
Financial experts recommend a savings account with at least 3 to 8 months’ worth of income. Unfortunately, this can be challenging to save, especially if you live by yourself. With a #roommate, your disposable income might increase, making it easier to save up for a rainy day and plan for retirement.
5. PAY OFF DEBT
Whether it’s student loan debt, credit card debt or an auto loan, getting out of debt can be hard when you have several monthly expenses. Getting a roommate can speed your debt elimination goals. Rather than all your cash going to bills, your disposable income can go towards paying off your consumer debt. This can free up money in the long haul and improve your credit score.
6. REDUCE MONEY-RELATED STRESS
Do you lie awake at night worrying about money? Is there never enough to cover your monthly expenses? Chances are that you’re living beyond your means and your income is not enough to support your lifestyle. However, getting a roommate can allow some breathing room in your budget, which can reduce money-related stress.

Simplify Your Property Investment: Why Oursource Your Real Estate Investing Needs

Are you operating your own rental portfolio? Are you tired of investigating your tenants and checking them out fully to make sure you are getting solid income streams?

Are you trying to find properties where numbers work? Do you think it will be wiser to work out a deal with a professional property manager to limit the liabilities your real estate business is creating?

Are you managing forward-looking assumptions regarding bad debt, delinquencies, concessions, vacancy, rent growth, etc. all impact returns and yields?

Are you embracing technology and don’t know how to start working on your online presence?

Property investing may not be rocket science but you can be bogged down with the various challenges of the day-to-day transactions.

Real estate may be a multifaceted and dynamic industry that evolves quickly and there will always be a handful of problems in such an erratic sector you have to navigate, but dealing with these challenges is not at the top of your list of priorities.

Don’t fret.

You can delegate. You can have your peace of mind.

So you can focus on the most important stuff in your real estate business and free your time working on what you love and what you’re good at, you can delegate two important roles:

  1. Lease Administration
  2. Dedicated Staffing

Yeah, this the smartest way to run your property investing business nowadays.

OUTSOURCE.

Why should you outsource your real estate investing needs?

• To simplify your property investment

You can demystify your property investing if you’ve developed a system with a dedicated team to cater to specific tasks. Let property managers do what they’re good at doing. Let the auditing team do the numbers. Let the social media staff work on your online presence. Delegate specific tasks to the right people to get the best outcome possible.

• To allow you more time to focus on what you do best

Since you already have a system and a dedicated team working in the background at the jobs that they’re good at, you now have more time to focus on what you do best. You can’t be a one-man band to do everything. You have your own special skills and talents that are needed in your property investing and it will serve you well to do that.

• To give you the freedom to have a work-life balance

You don’t necessarily have to work hard on your property investing. You only need to work smart. With a sound system in place and dedicated staff, you can also enjoy and get a life.

5 Considerations For Resolving Home Water Issues!

For those who own a home of their own, one of the single – greatest fears, faced, is some sort of water – related issues, and/ or, obstacles! Although, these are faced, on a somewhat – regular basis, after every storm, especially, larger ones, more and more homeowners, discover some sort of water damage, around their house! How one handles these, and, perhaps, prepares effectively, to minimize them, to, as large an extent, possible, differentiates between happy individuals, and stressed ones! This damage occurs, around a variety of areas/ locations, in, and around the house, most of which, come with ways to address them, proactively, to ensure maximum preparation and protection. With, that in mind, this article will attempt to, briefly, consider, examine, review, and discuss, 5 specific areas, which should be thoroughly, considered and examined.

1. Roof: The reality is, every roof, no matter, how well, it was installed, and how strong the materials, etc, has a finite – useful life! Therefore, it is wise, to inspect, maintain, and take the best care of this, on a regular basis! Obviously, even then, there is a possibility of issues, related, arriving from hurricane – strength winds, and rains, so there is no absolute – guarantee! It is wise to have installed, a roof, composed of the highest grade materials, by the finest professionals!

2. Walls: How well constructed, and how is the quality, and condition, of your walls? When there is something, impacting the integrity, and consistency of, outer, and/ or, interior walls, this often leads – to, significant challenges, to its effectiveness, and ability to protect the house, against potential, water damage, etc! A smart homeowner pays attention to cracks in the foundation, exterior walls, interior ones (especially, in the basement, and, near potential entry areas, such as near the chimney, corners, etc.

3. Windows: On a regular basis, windows should be checked, to see, if they are properly sealed, especially, around the exterior components! Many tend to ignore, and/ or, take – for – granted, the structural integrity, of these, and many potential water leaks, come from these structural inconsistencies!

4. Underground streams/ water: When, there is ground water, especially, from shallow, underground streams, and/ or, other water supplies, when heavy rains, occur, especially, when the ground is, either cold, or, there is no place for the new water to go into the ground, because it is saturated, by recent rains, etc, this generally means, it will be a recurring occurrence! These must be addressed, proactively, using, French Drains, which are trenches, etc, dug, usually, around the outside walls (usually, inside the house, but, sometimes, inside), and use special types of PVC pipes, with holes, and which, lead into something, such as a sump – pump, to remove the water, as soon as the level rises,

5. Exterior ground maintenance/ work: Often, when other things, don’t fully address these types of issues, exterior work is recommended! Installing a dry well, in specific areas/ locations, improving land – grading, properly, and pitching the land, away from the house, to a properly functioning location, are some of the potential steps, some take.

News for this Month 25

If you are going to make this purchase for the first time, opting for the best hot tub may not be easy for you. Purchasing the best unit can help you have fun for years to come. On the other hand, buying the wrong unit can irritate and disappoint you. In this article, we have covered 7 mistakes that many buyers make when purchasing a hot tub, for the first time. By avoiding these mistakes, you will be able to get your hands on the best unit to cover your needs. Read on to find out more.

1) Making this Decision Based on The Initial Cost

First of all, you should not give the utmost importance to the price of the unit. As a matter of fact, you may also want to consider the operational costs of your hot tub. Although the purchase price carries a lot of importance, you also need to pay attention to other factors.

In other words, you need to consider the operational costs, maintenance costs, and any other costs over the life span of the unit.

2) Ignoring the Installation Costs

As far as costs are concerned, make sure you consider the installation costs as well. Before you pay for this unit, you also need to keep in mind that the installation cost alone will cost you another $2,000. These costs will include delivery, wire installation, foundation costs, and the costs of chemicals and accessories.

3) Ignoring your Purpose

Since there are a lot of manufacturers and models, making this purchase can be confusing for you. Therefore, what you need to do is define exactly what you want. Generally, people go for these units in order to relieve pain, unwind and reconnect with their friends and family member.

If you consider your needs, you will be able to get your hands on the best unit. For example, if you are looking for a tub to relax, you don’t need to go for a unit that features 100 jets. In the same way, if you are looking for a unit for entertainment purposes, you can get a unit that comes with three seats.

4) Not Considering the Available Space

You also need to consider your available space for the installation of a hot tub. Before you decide on a unit, you need to consider the installation place as well. If you have no idea of the best installation place, we suggest that you consider an expert. We will help you find a solution.

5) Ignoring the Maintenance Aspect

Many people have maintenance problems with their hot tubs. For example, they have problems with the type of chemicals, draining, and refilling of the tub. With a good filtration system, you can clean your tub water in an efficient matter. Apart from this, it can help you avoid unnecessary maintenance.

In short, we suggest that you avoid these mistakes the next time you need to purchase a hot tub for your family or friends. Hopefully, this article will help you make an informed decision by avoiding some common costly mistakes.

5 Things to Do Before Renting Out Your House

Renting your property may seem like an easy way to increase your passive income, but upon starting the process, you may find it to be more complicated than expected. Your house may sit on the market for months without a rental applicant because it is priced above the fair market rent. A bad tenant may be late or outright refuse to pay rent; they have the potential do thousands of dollars in property damage and may ignore your attempts to evict them from the property until authorities are involved. If you are looking for a Realtor who can help you with all your Pinehurst Real Estate, then don’t hesitate to visit Pinehurst Real Estate Office for more information.

So how can you avoid the headache of these common difficulties associated with renting a property? Here are five things to do before renting out your house to reduce the risk and stress of being a new landlord.

1. Take Photographs of the Property

Photographs of the property are necessary for several reasons. They are an important part of online advertising – otherwise favorable rental listings without pictures of the property are often passed over by potential tenants because they do not want to have to wait for a house tour to find out that the property does not have a layout or design that suits them. These photographs will also be helpful when your future tenants are moving out, as you can use them to measure any property damage that occurred during the rental period.

2. Assess Fair Market Rent

While it may be tempting to charge higher rent to make money back on recent renovations you may have done or moving costs from when you left the property yourself, the best thing to do is conduct market research: check with rental websites, newspapers, local landlords, realtors, and property management companies to determine the amount that properties of similar location, size and condition are renting for.

3. Create a Concise, Effective Rental Application

An effective rental application will not intimidate potential renters with its length, but will be comprehensive enough that it can be used for tenant screening purposes. Any additional information that you need from the tenant should they pass screening can be included in the lease documents. A good application will have spaces for the following items:

  • Name
  • Date of Birth
  • Social Security Number
  • Phone Number
  • Current/Previous Addresses (last 7 years, including landlord name(s) and contact information)
  • Current Employer (name, address, hire date, income, contact information)
  • Authorization to Obtain Consumer Report Statement
  • Tenant Signature

4. Consider Using a Property Manager

Property managers will typically charge a percentage of the monthly rent for their services, but in exchange, they will take care of things such as finding new tenants, creating/signing the leases, collecting the rent, and issuing legal notices (including evictions). Hiring a property manager cuts down on the profit you will make from your tenants’ rent payments, so you should carefully consider the cost-benefit of these services.

5. Find Good Tenants

Finding a decent tenant is easier said than done – many applicants can be friendly, polite, and will seem to be a good fit, but will create a flood of problems for you. The best way to improve the quality of tenants that you are leasing to is to conduct tenant background checks – that is, choosing tenants based on measurable fiscal and rental responsibility. Most landlords will charge rental applicants an application fee to cover the cost of tenant screening.

Benefits of a Property Management Company

Some might think that hiring a property management is just not worth effort, and go to the extreme of saying it is just not worth the effort. While it is true for people who are managing their own assests to say so, it is different for others who don’t reside in the same vicinity as the assets they own. This article throws light on the beneficial aspects of property

  • Representation: If you are landlord, a professional management company will represent you in your absence to fulfill the required procedures on your behalf. This will be a buffer between you and the tenant and you would not be required to invest your time and effort. Tenancy management needs consistent follow-up to see that not only the rent is received on time but the assets is well taken care of and maintained properly.
  • Setting the right rent: You have chosen the property manager because of his local knowledge and the right kind of information he posses. This will ensure that you do not set the rent lower than what actually the assets deserves, nor high to deter potential clients. A high rent will actually make the property sit idle for a long time, this will only result in loss of income for a month. An efficient property manager will set the right rent and will make all possible efforts to let your property to the right people at the right price.
  • Professional promotion of property: A good property manager will understand all the avenues to promote the assets properly both online and offline. He will use of combination of promotional activities to attract the right tenant. In India, the property manager gets paid only when the property is let out, hence it is in the interest of everybody to rent out the property at the earliest.
  • Screening the tenant: A good property manager will be able to advice you about the kind of client your property should attract. They will help you screen the clients who come looking for your assets, and help choose the tenants who will take good care of the assets and pay the rent on time. Also they will vacate without issues when on the expiration of the “Leave and License’ agreement.

The Swimming Pool is What Sold Me

When I started looking at websites for apartment complexes, I immediately discounted the ones that did not have pictures. I don’t care how nice a place sounds just from words. I want to see pictures that show that the words are true. I had been looking at apartments in Decatur GA as well as the outskirts, and I had no idea that so many apartment complexes were around. Some are tucked away in areas I had never even been to before. Rather than get intimidated by this, I enjoyed looking at all the different places since most did include pictures on their websites.

As soon as I started looking at the pictures for Green Park, I knew that it was the one for me. All I had to do was look at the resort style pool to know that this place would have all the amenities that I want. I had a feeling that it was going to exceed my expectations actually. The pool is what drew me in though. I had never seen such a fancy pool other than in some movies probably. Continue reading

One of the Best Apartment Buildings in the City

When I first looked at the website for the Dupont Circle apartments, I was really impressed. I was also pretty sure that I would never be able to afford living there, mainly because of the location. It is walking distance to a lot of the bus and metro stations that so many people rely on daily to get them just about anywhere in DC. Also, the apartments are really spectacular, and one of the community features is a continental breakfast every morning! I did not let that stop me from looking at the prices though because it really is the apartment that people dream of having.

I am thankful that I decided to not let the appearance scare me away, because I saw that there are so many different kinds of apartments that there is one that will fit many different budgets. Continue reading

Hunting for a New Apartment

If there were not three of us we could not have looked at the place we checked out today, some luxury apartments for rent in Mission Viejo. We are not too thrilled with the location aside from Buck, who was actually going to do most of his work at home. He loved the fact that it was relatively close to the beach since he likes to get up early and go surfing I like to go run on the beach myself and I wish that it was even closer, but the place is really nice and we may well take it if things go the way it looks like it should. Of course these people might not really like three single guys if they think about it. However it does look as though there are a large number of young and unmarried people living in this place.

We checked out the gym and the swimming pool above all of the other amenities. Continue reading

Property Inspection Tips: A Handy Checklist

The detailed inspection of the property you are planning to purchase, is an essential step before entering into an agreement with the seller. Sellers usually try to hide minor damages, so that they can later pin them on the buyer and avoid the repair costs. Checking the property for any hidden damage or structural issues is always a good idea so that you don’t have to pay for the repair of these complications. Here’s what you should look into:

1- Check For Water Leakages

One of the basic damages that go unnoticed during casual checks are the small gaps that later go on to cause water leakages. Another unnoticed issue is water seepage, which causes damp walls. This problem is more prevalent in apartment buildings, where water seepage in an apartment, causes damp walls in the room directly below the faulty water seepage.

2- Lookout For Cracks

Thorough inspection of walls and ceilings for possible cracks is very essential. Usually, what looks like just a minor line on the wall turns into something substantial with time. So instead of running through the house inspection, it’s better to take your time and closely inspect every area to detect cracks.

3- Inspect The Plumbing

Proper plumbing is the foundation of a well-built house. Without this, the water supply and drainage pipes become faulty and can cause massive damages for you. A comprehensive check of the plumbing system can be done by checking the condition of the pipe material used for draining, waste, and venting purposes.

4- Test Window And Door Fittings

Another important aspect of the property inspection process is the absolute and thorough checking of the window and door fittings. A loose window or door is an invitation for accidents and should be properly checked to avoid mishaps. Also the setting-in of windows in their frames must be ensured, so that they can close easily during rains and sandstorms.

5- Measure Room Size

Before finalising the property, measure the size of each room on your own and map out how much space you will require for placing furniture and other items. Estimating just by looking may not be a good idea, as later you will realise that the room is actually smaller than what you had anticipated.

6- Ensure Proper Ventilation

Passage of fresh air through the house is of utmost importance for the health of the inhabitants. Ensure that proper ventilation vents are provided in every room for brisk air, and that the rooms have good scope of receiving sunlight. Also, if you are installing a central AC, make sure that all the wires and connections are safe.