If you’ve been considering upgrading or repairing your properties, it’s a good idea to have a look at how environmentally friendly it is. There are quite a few small, inexpensive changes that you can make that will green your buildings and actually, save you money in the long run.
There are a variety of different roofing things that you can do. If you need to re-shingle, now’s a good time to take advantage of the new options on the market. These include slate, composite, metal, or even recycled materials. They usually offer better impact resistance and exceptional fire protection. The recycled vinyl and cellulose fiber offerings for shingles out there have a wealth of benefits. They can be made to look like wood shingles, yet they don’t have issues with cracking, mold, or warping.
It’s no big secret that the rental market was flooded when the housing bubble burst. Rents have been going up since then, and as 2013 comes to a close- they’re at about a 4% increase. As this happens, many people are obtaining rental properties and investing in this way. It’s not without merit, as economists have predicted that the yield on these will hit about 6% soon.
One way that many are doing this is in buying distressed properties, then fixing them up. Statistics show that between the years of 2008-2011, over ⅓ of all home sales were this type of property and then, in 2012, ½ of all investment properties purchased were distressed. There is definitely something to flipping, but if you plan to do it, it’s important to do it wisely.
If you don’t know how to plan for a move, moving costs can really add up quickly. But there are a number of ways that you can plan your move, estimate moving costs, and learn to consider the costs before you pack up. Knowing what to expect can really help you not only set a moving budget, but keep to it.
If you have ever called a professional mover, you know that they can give you an estimate. When you’re thinking about moving, you may wonder how you can do the same. The formula is simple: professional movers calculate this by time and by weight. Estimating moving costs is not really as intimidating as it may seem.
Small investments can make for big changes in your life when it comes to finances. There are a number of ways that you can still offset the risks of getting into the rental business, while still grabbing ahold of the chances it provides for success.
Those who watch the market are predicting that consumer confidence in the economic recovery combined with actions of the Federal Reserve are pushing interest rates back up. How is this? To put it simply, the Federal Reserve buys mortgage related bonds, as well as other long-dated government bonds. That forces down long term interest rates. However, even just expecting the Federal Reserve to start the taper of the bond buying has shown some yields to rise and as a result, bond prices to decline. This is only part of why interest rates may yet again go up, and why if you’re considering financing a rental property, now may be a good time to do it.
A recent count by the US Department of Veterans’ Affairs (VA) showed that as of January, 2012, there are at least 62,619 homeless veterans. As we’ve mentioned before, there are some resources that property managers have access to that can help. 13% of all the homeless adults in the US today are veterans, and to put that into perspective for you- when you consider that veterans on the whole account for only 7% of our overall population: this number is just unbelievable, but sadly, true. If you are a landlord or a property manager, consider getting involved in one of our nation’s most important programs. A program that has come to the aid of tens of thousands of veterans and their families to help them lead independent lives with stable homes. There are quite a few programs for veterans both at the state and Federal levels. Continue Reading