Category Archives: Real Estate

4 Reasons to Invest in Multi-family Properties

Real Estate

Real EstateResidential real estate investments can be in single-family or multifamily units. Each of these properties offers unique benefits. Here are reasons to invest in multifamily properties.

Economies of Scale

Multiple units that come under one roof provide economies of scale for several expenses. The price for maintenance, renovation, marketing, or insurance goes down when you’re dealing with multifamily units.

Easier to Finance

A multifamily building is more expensive than a single-family unit. Still, it’s often easier to get a multifamily construction loan at a lender like Bonneville Multifamily Capital than secure mortgages for many single-family homes.

Multiple units are less risky investments for lenders. The lending institutions can expect these properties to generate a consistent, strong, regular cash flow. There will be money to repay the loan even when some tenants move out or get late on rent.

Easier Property Management

Many people lack the time or the skills to manage real estate investments. Such investors need the services of experienced managers.

But hiring someone to manage your investment must make financial sense. Hiring an external manager makes economic sense when you own multifamily properties.

The property can afford the services of a manager. The professional handles the daily operations of the rentals and gets a percentage of the generated cash.

Faster Portfolio Growth

Are you looking forward to building a large portfolio of residential rental units? Multifamily properties will get you there faster than the single-family real estate.

Acquiring a multiple units building is easier and more efficient than buying several one-family units. For instance, compare purchasing a 10 unit apartment property to buying 10 different one-family houses.

Dealing with one seller is easier than managing 10 sellers. And don’t forget about traveling to 10 different addresses. Also, consider the separate inspections and loans for each of the 10 single-family homes.

Both multiple units and single-family units can help you create your investment portfolio. However, each of these properties has their place. Consider your situation and choose a suitable investment vehicle.

Pockets of Wealth: Look Beyond the Obvious

Home for saleSalt Lake City is diverse enough that you will find opportunities whether you’re in the IT sector or in general contracting. As it is everywhere else, however, you need the perseverance to find a good job. It’s not a waiting game; you take risks and reap the rewards of being proactive.

This does not just go for job hunting. House hunting is an endeavor that also requires perseverance and proactiveness. Here are some smart considerations when looking for a house:

Mark the Hot Markets

They are hot for a reason: there is high demand and the limited availability of plots of land and houses for sale result in skyrocketing prices. You may find the best mortgage rate to be attractive, and they are designed to be that way. Lenders like the Altius Mortgage Group want to point you in the direction of these hot markets because this is where you experience the convenience and they get a good deal. It’s a win-win if you can afford it.

Settle in the Fringes

It’s not always right smack in the middle of the city that you find your dream house. If you’re looking to save a couple hundred per month, look into the fringes–areas that are close to the city, but not quite a part of it. Here is where young entrepreneurs, single residents, and newlyweds choose to flock because they want to use their still-growing income wisely.

Shop Around

It’s a safe assumption that you are online most of the day. A few minutes of shopping online for mortgages and checking properties near your target neighborhood may yield good results. It’s best to keep a list of properties and their corresponding pros and cons. Each one will have something to offer, but look at what you’re sacrificing if you go for them. Regrets can be expensive when you’re buying the wrong house for the family.

Choosing a house is not like eyeballing the size of a shirt and returning it if it doesn’t fit. Look at all your options thoroughly before putting in a final offer.

An Inside Scoop to 2018 Home Design Trends

Modern and stylish kitchenFollowing amazing design trends can help you create a home that’ll stand out. That’s why working closely with home builders from Olathe can ensure that you’ll be able to get the house that’ll suit your taste.

Here are some of the most amazing home design trends that we can expect this year:

Colorful kitchen is the next big thing

In an article posted on HGTV, Nina Magon prognosticates that there will be a diverse change from all white kitchens to a splash of some amazing colors. We can expect bolder color palettes that can provide a more sophisticated look to any home. Magon also added that there’ll be a change from all white and stainless sinks to other more vibrant materials such as granite and concrete.

Purple is the next hot hue

Homeowners may also want to watch out for ultraviolet. This unique combination of red and blue makes the purple even more complex, which is often associated with wealth and royalty. This can add a little bit of complexity and refinement to any part of the house.

Say hello to Rose Gold

People should now bid farewell to brass and open its arms to rosy tones. Having a few touches of pink gold to any room can improve its looks to bring warmth and elegance to the bath or kitchen.

Vintage will make a comeback

Vintage lighting with a mixture of polished nickel and light fixtures will also make a comeback in 2018. According to experts, having a few vintage pieces can add a bit of drama and can strike a contrast between Rose Gold pieces and a few items that have a darker finish.

You may want to consider a few of these tips to create a fun yet classy style that’ll last for years to come. Look for a home builder or a community development company that has the same standards of aesthetics, so you can guarantee that your home will be exceptional.

Finding the One: Let Her Personality Lead You to the Perfect Engagement Ring

engagement ringChoosing an engagement ring style may be the most challenging part of buying a ring. After all, it will be a sign of your commitment to one another before the wedding day comes. So, keep in mind that an engagement ring should reflect the personality and lifestyle of your future fiancée. Deciding between different gemstones, cuts, settings, and other aesthetic choices may come more naturally if you do so.

If you’re still having a hard time selecting an engagement ring, try browsing through jewellery shops at London’s Hatton Garden or even online. Inspiration might strike while you’re looking at the different designs available. As for the rest, why don’t you try these tips for size:

Find a Gem That’s a Cut above the Rest

The gemstone is the star of the engagement ring. Rubies and sapphires are popular options, but diamonds are still the top choice. You can hardly go wrong with a well-cut diamond.

A stone’s cut enhances its brilliance and ability to reflect light. Popular engagement rings often feature stones cut in classic round, princess, pear, oval, and emerald shapes.

Classic round brilliant cuts fit women with a laid-back personality while a princess or oval cut echo a more fun-loving, spontaneous, or artistic style. Pear-cut stones are more contemporary and match well with future brides who are unique and non-conformist. The understated sparkle of the emerald cut, meanwhile, suit elegant and sophisticated women.

Set Your Stone in Style

The stone setting lays down the foundation of the ring’s whole design. Ring setting choices include the prong, bevel, tension, halo, and pave. The different ring settings can also mirror the personality of the wearer.

A solitaire or prong setting is a classic engagement ring choice. It usually features a single round-cut stone in a simple band. This type of ring setting fits well with future brides with a romantic and timeless style.

The tension setting, meanwhile, gives the illusion that the gemstone is hanging in the air. It suspends the stone between two shafts, and some tension-style rings use a prong or bezel underneath for added security. This daring setting matches the spirit of modern, adventurous, and creative women.

The cut and setting of an engagement ring’s gemstone can tell a lot about the personality of the wearer. Let your loved one’s preferences and lifestyle guide you in choosing the perfect engagement ring.

Have the Best of Both Worlds With a 1031 TIC Exchange

Lease AgreementWhile lucrative, managing a rental property can be a tad too demanding for most folks, especially when you become older. Dealing with some troublesome clients can suck the joy right out of the process. On the flip side, the monies that roll in every month are good for your financial outlook.

If you are keen to enjoy the benefits but escape the hassle, then you’re the perfect candidate for a 1031 TIC exchange. Some firms such as 1031 Exchange Place can help you get started with this.

Surprisingly, you can have the best of both worlds with a little help from an unlikely source – the government.

Escape the taxman

Okay, escaping the taxman while looking towards the government for help might seem controversial but not this case. See, to encourage people to reinvest their capital gain in the real estate sector, the IRS lets you defer the tax on gains.

Under the section 1031, you get to keep all your capital gains but only if you reinvest the entire amount into a commercial property. While the process is a tad complex and requires you to retain expert helps, the benefits are truly worthwhile.

The lowdown of it is that you need to sell your current property and buy up to three other properties of equal or greater value.

Escape managing tenants

If your interest is to have a comfortable retirement without the responsibilities that come with property management, then you’re in luck. Instead of going for new properties, you only need to choose the tenants-in-common option.

Under this provision, you channel your sales proceeds into buying a portion of a larger property. For instance, if you raise a $1million from the sale, you can use the money to purchase a million’s worth of share in a multi-million shopping mall.

Under the tenants-in-common provision, you have no active management in the property, but you get a share of the profits each month.

If you’re looking to give up active management in the real estate sector without giving up the money, the government offers you a way out. Signing up for a 1031 TIC exchange lets you have the best of both worlds.

Funeral Etiquette in the UK

Funeral Home Plan

Funeral Home PlanFuneral practices all over the world vary, but no matter the culture or the country, the rites and rituals of saying farewell to a loved one has the same aim: to give the proper respect to a deceased relative. In the UK and the rest of the western world, there are funerary practices and etiquette that are still observed today, according to Golden Leaves Funeral Plans, regardless of the type of funeral planning service a family chooses.

Wear the Right Clothes

In the UK, black is the traditional colour that is considered suitable for mourning.  For modern funerals, you don’t need to wear black, but you should stick to neutral or sombre tones.  Follow the lead of the grieving family, and wear something that does not call attention.

The Funeral Procession

Many funeral processions still use a hearse to carry the coffin of the deceased. Usually, the funeral directors keep flags on the road as markers for those part of the entourage.  This is called “paging away” and is led by the funeral director.  It is proper etiquette to pass by the hearse and pay last respects.

Leave Your Mobile Gadgets

It would be best to switch off or silence your mobile gadgets when attending a funeral. Funerals are a time for reflection and comforting the grieving family members, so it would be best to leave your work and personal worries at home and focus on helping the bereaved family members. You should also avoid taking pictures at the funeral, as it is inappropriate for such a sombre occasion.


In the UK, white lilies are considered traditional flowers for funerals.  White lilies and carnations are also acceptable.  During the burial, it is customary to throw soil on the coffin as it is being lowered into the ground. Family and friends can also throw flowers, and other personal effects to be buried with their loved one.

Plan Your Funeral

Some families have chosen to go for pre-planned funeral services to save on expenses.  These plans help you plan funeral services that would suit you or your family member. A pre-planned program would help you create the best way to say goodbye to your loved one tastefully and appropriately in the UK.

Increase Your Chances of Qualifying For a Home Mortgage

Approved mortgage formMany people struggle to qualify for a mortgage when looking to buy a home and it shatters their dreams. In most cases, they fail to realize the connection between their money habits and their creditworthiness.

Financial challenges come in many forms and they all have bearing on your ability to make major decisions, such as buying a home. It could be carrying too much debt, a dismal income, or the lack of savings. In addition to making your life stressful, having financial problems can dash your hopes of qualifying for a mortgage in Jackson, TN.

In their quest to lower the financial risks, lenders often put your finances through a magnifying glass. They will only approve your application if they like what they see in your financial history. Luckily, you can take steps to improve your creditworthiness.

Evaluate your money habits

It’s probably one of the most difficult and painful truths about improving your money habits. You must delve into your financial history and take note of your weaknesses. After all, you need to know the source of all your money woes before you can implement an effective solution.

Determine all your expenses and list them in categories. The results might be surprising and informative. For instance, you might realize that you spend too much money on the wrong things.

Act on your shortcomings

Once you have identified the root cause of your financial problems, it’s time to embark on the most important part: acting on them. If your income is not enough, then it’s time to seek a remedy. You can pick an extra shift, get a part-time job, or look for ways to turn a hobby into a business.

Whatever you do, don’t quit your current job without another one lined up. If your spending habits are to blame, then you need to identify them and find ways to counter them. For best results, you need to detach yourself from the need to buy unnecessary stuff.

To realize the dream of owning a house through a loan, you need to have better control over your finances. Luckily, you can master skills one at a time to improve your financial situation.

3 Soft Skills You Need to Be a Successful Real Estate Agent

Real Estate Agent showing a house to a coupleForecasts for the Philippines’ property-selling industry is bright. This is great news, especially if you are a real estate agent waiting to break through in your chosen profession.

Indeed the time is ripe for you to close deals on your Lancaster listings with good reviews and rake in all the commission you can. But first, make sure to have and practice these three soft skills industry expert Land Price List swears by.

1. Work ethic

As a real estate agent, you must be a bona fide hustler. There are many things to accomplish: you need to market yourself, you need to keep in touch with existing and potential clients, you need to accomplish paperwork, and you need to keep abreast of fluctuations in the market.

2. Communication skills

A bulk of your job is communicating with people. With this said, you must be adept at conveying and receiving both verbal and non-verbal cues. There are tutorials and self-help resources out there that you could work through if you think you need a boost in this specific skill.

3. Time management

The best real estate agents are like jugglers. They can accomplish different things at once. This might prove challenging at first, but as you go through your career, it is something you will inevitably develop.

Real estate agents are good earners. If you are part of a property-selling company, for instance, you could get between 2.5% and 5% commission for every deal you get to close — on top of your basic salary! Consider closing a deal amounting to PHP50 million. That’s at least PHP 1,250,000 of commission.

Now if you have all the required soft skills for selling, such as the ones mentioned above, surely you can do even better.

The Cost and Convenience of Conveyancing Services

House with a for sale signWhen buying or selling a house or any real property, there is an associated cost to it, roughly divided between the commission and conveyancing costs. At the start of the sales process, the brokers negotiate the rate of the commission, while conveyancing solicitors estimate the conveyancing costs.

You can save some money when you compare the conveyancing costs before you commit to any solicitor or conveyancing service provider.

It is a service

A conveyancing solicitor provides a service, and as such, it is a convenience for the property buyer. If you start your search for one to help and guide you throughout the conveyancing process, you will find that there are actually a lot of them. You have to choose the one just right for you.

It will cost you

One criterion you can use is the cost of the service as money is always important. It does not always mean that inexpensive is better. You should strike a balance between costs and the quality of service they provide.

It will take time

Another measure you can employ is to determine the length of time it will take to submit the conveyancing papers. For those who advertise this service online, they normally no longer see their clients face-to-face as the property buyers are busy and might not have the time to meet with the conveyance solicitors.

This is okay, but in determining the time frame, fast is not always better. You might get sloppy work full of loose ends that will only inconvenience you later and cost you a significant amount of money. Again, find a balance between the period and the quality of service.

It is for your convenience

This is what they do. Conveyancing solicitors worry about almost everything so you would not have to. It is what you pay them for. They are responsible for the documentation of the whole process and the final processes.

They negotiate fees beforehand, so be sure to find them reasonable.

The conveyancing process is really a chore, but it is one that you can entrust to conveyancing solicitors. But make sure you find a trustworthy and reliable one. Happy hunting!

What to Look for in Flue Brushes: The Key Factors

A man cleaning the chimneyChimneys are the hottest trends for new homes. The flues of chimneys, however, get dirty and have a buildup of soot and creosote. Cleaning the duct is hence an essential part of your chimney and indoor air maintenance.

Scrubbing off creosote also enhances your property’s safety since it is highly flammable and might cause chimney fires. A flue cleaning brush is an essential tool you will use for this vital task. Here is a guide to choose the right flue cleaning brush.


The material you select for your flue brush is determined by your chimney type. A traditional masonry chimney is ideally cleaned using a metal brush which efficiently scrubs off soot buildup. Poly brushes are suitable for metal or liner-coated and pre-fabricated chimneys. You should choose prefab poly brushes if your chimney has many bends since these are less rigid compared to regular ones.


Chimneys have evolved over the years, but your flue brush shape should match your chimney’s shape. You can choose from oval, circular, square and rectangular brushes depending on your chimney’s shape. It would be ideal if their shapes match.


Typical flue cleaning brushes come in sizes of 5 to 12 inches though some manufacturers have custom-made brushes. The ideal brush should not be more than 0.5 inches wider than the diameter of your flue for efficient cleaning. After finding a perfect size, you should shop for a rod to help you clean the entire length of your chimney. These are available in various sizes up to five feet and can be stiff or bendable depending on your chimney.

You can also get a large and small hand brush when buying the flue cleaning brush. The small brush will help you clean the corners of your flue while the large one is ideal for sweeping your firebox. With the right flue cleaning brush and accessories, you are assured of a thoroughly clean chimney whatever the season.