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New Homes For Sale

Breaking Even on Your Second Property Investment

Among all types of investment opportunities available to the average class citizen, real estate investment is certainly among the safest and most profitable on a long term period.
But owning a second property for the sole purpose of your personal week-end getaway is far different than renting it out all year long to break even with your mortgage and other property related fees.
But wait a minute… What if you can do both?
After the real estate price increase in recent years (year 1999 and up), paying your whole annual expenses with your rental income may be a tough thing to pull off these days. But with a good (business) plan and a solid cash flow management, you may certainly be able to get the best out of both worlds!
I will try to demonstrate the typical calculation one should go through when considering a vacation rental investment. The breakeven formula here is what will help you with your cash flow management. This study is based on a year round analysis, do not omit to create a monthly or even weekly follow up of your income and expense progress to avoid money shortage during your low season.
All expenses related to the property = All rental income
A typical vacation rental should cover all its expenses if rented for an average of 14 to 20 weeks a year. Note that an average American vacation rental has an occupancy rate close to 30%, if you stick to this rate and have a fair rental price you are on the right track.
This numbers are based on the following parameters:
Mortgage: Your annual mortgage payment (capital and interest) should be between 6 % and 8% of your property’s initial value. For instance, if your property worth 200 000$ your annual mortgage is between 12 000$ and 16 000$.
Insurance: No specific amount can be specified for second property coverage due to numerous factors involved in the pricing of insurance premium.
Furnishing: Include all furniture that you need to properly rent your vacation rental.
Cleaning Fee: This will typically depend on your property’s rental turnover (usually weekly). Besides periodic housekeeping, a major cleaning should be planned at least twice a year, ideally before and after your high season.
Maintenance: These fees include annual upkeep as well as incidental issues of your property (road maintenance, landscaping, pool cleaning etc.). If you can’t maintain your property yourself, a property management firm is most. Also, do not forget to include the depreciation of future restoration or repair you are planning or MUST do in the future in here
Municipal taxes: Depends on the region.
Note: I suggest keeping a reasonable security fund in case of emergency.…

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Townhomes For Sale

How To Choose A Great Remodeling Company – Reasons To Hire Tip Top Builders

Remodelingyour home can bring a new feel to it, and when we talk about house renovations, the first thought that comes across the mind is a modern home with suitable home decor that you have long dreamt of. However, choosing a wrong remodelling company can bring all your dreams to a shattering end. Now, it is impossible to come by a company which claims that its services are not up to the mark, and that it might not be up to your standards. To help make the decision process easier for you, we highlight below some important aspects you should keep in mind when selecting a remodeling company for home renovation.

How to Choose a Good Remodeling Company – Some Tips

The first step to take when exploring your options of remodeling companies is to consult people you know. If there is someone in your circle who has used a similar service before, be sure to talk to him or her and ask for opinions and recommendations. A simple online search will also give you a list of the companies available in your area. Once you have made a list of the companies you want to consider, the next step is to shortlist among them. The following tips will help you with that.

As you would already have concluded, finding the right remodeling company is not a very difficult task, but it certainly does require some effort and time. This is why market experts always recommend going with the reputed and experienced names in the industry. Tip Top Builders have been involved in home renovations for quite some time now, and their client reviews and testimonials speak highly of the services they offer.

About Tip Top Builders The company is a family owned business which boasts of years of experience in the field. Tip Top Builders provides its services to residents of Los Angeles, Orange and Ventura County and the West Valley area. The company is licensed and is also associated with a number of reputable organizations such as Better Business Bureau, League of CA Homeowners and NARI.

Tip Top Builders offer remodeling and construction specialities for homes, and the services include construction of new homes, room additions and remodeling of kitchen and bathrooms. Added services include free 3D home designs and financing options. To know more About Tip Top Builders or to get a free estimate for your home remodeling, visit their website or call them at (888) 884-8501.…

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General Article

You Can Do a Carpet Bleach Stain Repair by Yourself!

You Can Do a Carpet Bleach Stain Repair by Yourself!

Carpets stain all the time and the problem is that they are very visible and stains on them affect the whole image of your home. Nothing is worse than moving into a new home and notice that your carpets have a bleach stain. You will probably think that it is not possible to be fixed and that you can’t even imagine that you can make a carpet bleach stain repair all by yourself. There is no need to consider your new home ruined just because of a bleach stain. Various methods of solving the problem exist, so you can pick the one you want.

If you want to try solving the problem by yourself, in order to make a carpet bleach stain repair you need to find a color repair kit that contains dyes specifically created for carpets. You cannot use regular dyes for clothing or food dyes as these will not fasten to the dye sites in each one of the fibers in the carpet. You will also need to make sure you get the bleach neutralizer to remove the active bleach which will bleach the color out again if the bleach stain is not neutralized properly.

To match the exact color of the carpet with the dye kit is not difficult, you will have to assess the color of the bleach spot and go from there.

For instance if the bleach spot is white you can start with a yellow to tint the bleach area and keep adding the primary colors until you match the color of the surrounding area. Usually with your kit there should be a guide to put you in the right direction to the proper color correction.

When color matching, you have to put as little of the colored dye in the carpet as possible to make sure you do not over color otherwise the bleach spot will look darker than the original color and you will have to bleach the color out again. When adding the dye to the bleach spot you will have to keep adding the dye and removing the excess and add some more dye and remove the excess again until the right depth of tone is transpiring to the color needed for matching. It would be similar to adding layers until it reaches the right tone and depth of color.

Another way to repair the stain is to cut it out and invisibly mend the carpet and a professional can do this for you or again you can find a carpet repair kit that will give the specifics on how to replace a piece of carpet that is damage and insert a new piece that looks like the perfect blend and therefore saving you the cost of full carpet replacement

However, this is not the only solution. If you don’t think you have the skills to do this on your own or if you lack time, ask the professionals at or . They will get the work done faster and, probably better than you would do it by yourself. The bottom line is that carpet bleach stain repair is not an impossible mission.…

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Homes For Sale By Owner

What Are The Main Reasons Why Property Owners Elect to Put in Insulation in Their Houses

Home insulation is among the most essential, yet normally disregarded, factors in a home. Nearly all home owners don’t understand that insulating their properties can help them keep energy and cash when appropriately fitted.

A home is a vital commitment for you personally. Consequently, it’s only appropriate to be certain that it is reliable, comfortable and energy-efficient. Without correct property insulation, householders can experience a wide array of house concerns that can undermine the protection and comfort of the over-all family group. Here are several of the concerns that you may come across when your home is improperly insulated:

The home gets cooler more quickly. Largely all people know that home insulation can adequately lower energy consumption in the house, although only few discover how much variance it genuinely makes until they’ve lived through an insulation-free household. If your property is not appropriately covered, warmth is likely to escape faster, particularly through the walls and the loft. Investing in a cavity wall and loft insulating material allows high temperatures to last longer which results in consistent temperatures all throughout the home. It also decreases the need to leave the heating system on constantly. Gas heaters perform especially well with home insulation.

The household is not energy-efficient. If your home has no insulation, you will have to keep your heater or cooling system on to be sure you continue being warm continuously. Leading to higher energy use and electric bills. Home insulation helps you utilize your heating and ventilation system considerably less, and keep your home energy-efficient- this indicates lower energy bills and a more content place to live.

Environmental noise can be a hassle for you. For anybody who is residing on a hectic street, disturbance can be a serious problem. The most effective fixes is to set up a useful insulation system. Home insulation can adequately block noise from coming into the house. It reduces disturbances from getting out of the home as well, meaning your privacy is not compromised.

Dampness and condensation is likely to spread out and get more serious. These issues come about when warm air hits cool surfaces, and then converts vapor into liquid. Moisture could cause a wide selection of other issues like conform, mildew and even framework troubles too.

Aside from these issues, there are various other reasons why you ought to have your house insulated. One of which is that it increases the market value of your property. The chances of you getting a greater mortgage improve too. Plus, it prevents future troubles and will save you more money in the long run.

If you are intending on fitting insulation, it’s crucial to research the subject and get as much information and facts as you’re able to. Don’t neglect to make comparisons too to help you determine which company offers the best answer to your residence problems.…

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Home For Sale

Should Real Estate Agents Blog?

You’re a real estate agent. You have a professional web site provided by your Broker. Heck, you even paid big bucks for your own web site with a fancy design. Why in the world would you want to blog? And who really has the time to blog?
My turn to ask you a question. What distinguishes you from the army of real estate agents who are also online with the same cookie cutter websites and the exact same how-to articles? The answer is are afloat on a sea of mediocrity.
The solution is to distinguish yourself from everyone else. It is your job to show what separates you from the pack. You must demonstrate what makes you different.
People are judged by what they say and do. What distinguishes you from the others will be the advice you give on your blog. I can hear your complaints… “But I’m not a writer.” “But I don’t have the time.”
Yes, you are a writer. You write emails every day. You write listing descriptions every single day. You have opinions. You talk. You communicate. You convince. You share advice every single day. All you have to do is to find a way to talk to the screen. You make brochures and you type out emails, so you already know how to do that.
Type out your advice as an email to a prized client, a confidant, or a friend if that’s what it takes. But type it and post it as an article on your blog. A few words, no longer than this post, every day and you’ll have written a book online. What will that do for you?
It will demonstrate your knowledge, establish your expertise, but most importantly you will be taking action and that will separate you from the pack.…

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Business Contractor

Six Brickwork Patterns For Your Patio

Interested in making a brick patio? Standard 4 by 8 bricks can create a wide variety of patterns if you know where to start. Before you try any of these, make sure you plan out the size and pattern of your patio completely on paper to avoid an error that may cost you quite a bit of working time to fix.
Stack Board
Stack board is by far the simplest brickwork pattern out there. Simply line up your bricks at the edge of your patio and lay them down one next to the other. Put a brick on top of each brick, trying to keep them even, until you reach the far side. You’ll end up with a pattern that looks like simple columns of brick. Unfortunately, since bricks are not generally perfectly formed, this pattern will probably look awkward in a few places and should only be used with a great deal of caution.
Running Bond
When people think of a brick wall, the pattern that comes to mind is generally called a running bond. In this pattern, you lay one row of bricks side by side and then lay the next row exactly half a brick inward. The ends that will end up sticking out can be filled with half bricks cut from a wet saw. Running bond is one of the simplest and most popular brick patterns out there because it looks good with almost any style and color of brick and can be formed easily and without much fuss.
Running Bond Variation
For this variation on the running bond theme, you should start in the center of your patio by placing two bricks side by side. Take bricks and make a square around your center two, and continue outward doing the same thing. What you will end up with is a running bond pattern that circles outward to the edge of your patio. This is a great way to get a beautiful and complicated look for a square patio area without a lot of planning.
Basket Weave
Creating a basket weave pattern out of bricks is as simple to lay as the stack board style with a beautiful finish that makes the patio look great. Go ahead and make columns of bricks, only instead of allowing each brick to face the same direction lay two horizontal, then two vertical until you’ve filled up the column. Now repeat the pattern throughout your patio, alternating the brick position to create a checkerboard look.
Basket Weave Variation
This variation on the basket weave pattern creates a much more complex design. Create a rectangle of two horizontal bricks with a vertical brick next to them. Alternate the placement of the vertical brick to create a column, and follow it with a standard two brick column, then another three brick set to create the pattern.
Herringbone
A herringbone can end up looking quite beautiful, but you do need to be careful when laying it to avoid errors. To make the herringbone pattern, you are creating a zigzag of bricks laid like a flipped “L” shape. Start in one corner and work down, and then work out from the corner you started. You’ll need half bricks available to fill out the edges, which should end up looking like reverse “L” shapes turned inward toward the center of the patio with a spacer half in between each one, with two half bricks on the bottom right corner. This pattern is complicated, so try it on something non-permanent first.…

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Foreclosed Homes

A First Time Buyer's Guide to New Home Builders

A new home may be the biggest investment you make in life. You should not settle for major compromises when it comes to the construction of the property. This is the reason why it is important you find the right developer for the new construction project. Buying a new property can get overwhelming. There are many considerations to keep in mind and chances are you will get frustrated. Knowing what to do will ease some of the anxiety and will make the process easier for you.

After settling on the location and budget, your first duty is to look fornew home builders and eventually hire one. Here are some tips you should keep in mind before setting out on the task.

Choose new home builders with extensive experience in the business

Experience is the defining factor when it comes to finding a builder to work with. A new house is a big deal and you cannot buy one just because the developer claims to be the best. It is your obligation to find out if it is true before signing on the dotted line.

The best way to conduct a search today is over the internet. Keep in mind that the web will be one of your greatest resources when preparing for the home building process. Do your research about the developer through this medium. Browse through their website and check for portfolios if possible. Check out their past work and see if it fits your preference. You can also use their website to check if the kind of homes they build will fit your needs.

Narrow down your search according to location

Make informed choices by narrowing your search for builders in the area you are interested in. Avoid searching for the “right developer” only to find out they are only available for projects on the other side of the country. Avoid settling for the first attractive deal you come across. Remember this is a major undertaking and you should conduct an exhaustive search.

Incomparable customer service

A good builder will give you more than just a quality home at the end of the day – they are also there to assist you every step of the way. The working relationship between you and the builder will likely be long term. It will call for constant communication between you and them. It is for this reason that you need to establish a good bond with the developer. You need to share a common vision and have mutual trust for each other.

Choose a new construction builder who will be in constant communication with you every step of the process. Such professionals allow you to be more involved in the home building process. Constant communication will also ensure that you see eye to eye regarding every detail. A lack of communication can lead to misunderstandings – something you should try to avoid at all costs. Such happenings will only delay the construction of the new home.

Work with new home builders who provide customer care beyond the project’s completion. Constant interaction will give you assurance and affirmation the project is in the right hands. Think things through before making any major decisions. Negotiate the best deal possible before agreeing to a developer’s services.…