Wednesday, November 30, 2016
Am I Missing Something, or Is Real Estate Investing Really Not That Hard?
You always hear stories about losing it all in real estate -- or succeeding by working 100 hour weeks. I'm here to tell you it doesn't have to be that way.
View the full article: Am I Missing Something, or Is Real Estate Investing Really Not That Hard? on on The BiggerPockets Blog. This content is Copyright © 2015 BiggerPockets, Inc. All Rights Reserved.
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Plan Ahead to Avoid Frozen Pipes
Freezing temperatures are on their way. This may have you thinking about your furnace, but you should also be mindful of your household plumbing.
When the temperature drops below freezing, there’s always the potential that the water in some pipes may freeze. In the best-case scenario, the ice temporarily stops the flow of water before thawing when temperatures rise. But it doesn’t take extreme temperatures for expanding ice to actually break a vulnerable pipe, putting your home at risk for leaks or even significant flooding.
As we transition to winter, keep these tips in mind to avoid this messy and costly problem.
Knowing is Half the Battle
Most homeowners don’t know the locations of every foot of pipe in their homes. A pipe that is heated or well insulated in some areas may be fully exposed to the elements somewhere else down the line. All it takes is a small frozen section to result in a major break. So to know where you might be at risk, ask your local plumber to conduct a thorough audit of your plumbing system for freezing risks.
Wrap It Up
Once you know where you have pipes that are at risk, protect them with insulation. Some pipes, like those in a cold basement, can be sufficiently insulated by merely wrapping newspaper around them. But for those in colder areas, it’s better to spring for foam tube insulation. For the most extreme temperatures, you may need to use heated tape specially designed for pipes.
Open All Night
If it’s an especially cold night, leave the doors of your under-sink cabinets open overnight. Exposing those pipes directly to the heat inside your home can make a big difference when the temperature outdoors is below freezing.
Keep It Running
In a pinch, you can keep an exposed pipe from freezing by allowing the water to run continuously. This will waste water and can create a small ice skating rink in the case of an outdoor hose spigot, but it beats dealing with a flooded home. Fortunately, just a thin stream of water is enough to prevent a pipe from freezing.
Bring the Heat
If one of your pipes does freeze, you may still be able to prevent damage by thawing the frozen section from the outside. The best way to do this is with a hair dryer; never use an open flame.
Winter is Coming
If your furnace breaks down unexpectedly, you might face an increased risk of pipe freezing during the time it takes to repair or replace the unit. So to avoid this emergency, be sure to get your furnace inspected and tuned up before the coldest weather arrives.
The Main Thing
If the worst happens and you do have a broken, frozen pipe, your ability to shut off your home’s entire water supply can save you from major flood damage. Make sure you know where your main shutoff valve is located.
If you’re still unsure about whether your pipes are ready for the sub-freezing temperatures of winter, reach out to your local plumbing experts for a no-obligation consultation.
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Recently Self-Employed? What You Should Know Before Applying for a New Mortgage
If you're self-employed, it can be far more difficult to prove that you're a legitimate borrower. But restrictions HAVE loosened up in the past few years.
View the full article: Recently Self-Employed? What You Should Know Before Applying for a New Mortgage on on The BiggerPockets Blog. This content is Copyright © 2015 BiggerPockets, Inc. All Rights Reserved.
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How Generation X-ers Should Prepare for a Future of Real Estate Investing
If you're in Generation X, you may have been hit hard by the housing crash. Here's why now is the perfect time to get back into the game.
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Tuesday, November 29, 2016
7 Types of Tenants Who Cause MAJOR Landlord Headaches
Tenants are the lifeblood of the landlording business. But as landlords, we don’t want just anyone as our tenants. We want good quality people who will pay, stay and respect our properties. We want tenants who will not cause problems, either to us or to our other tenants. We landlords already have enough problems to [...]
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4 Key Tax Strategies to Implement Before the Year End
It's that time of year again! Before getting caught up in the holiday festivities, make sure your tax strategy is in place. You'll thank yourself later!
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Retirees: The Most Highly Profitable, Yet Grossly Underserved Niche in Real Estate
Retirees are making up more of the housing market, but they're avoiding retirement communities -- are retirees an opportunity for real estate investors?
View the full article: Retirees: The Most Highly Profitable, Yet Grossly Underserved Niche in Real Estate on on The BiggerPockets Blog. This content is Copyright © 2015 BiggerPockets, Inc. All Rights Reserved.
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Monday, November 28, 2016
3 Winter Window Treatments
When staged according to the season, window treatments can make a huge difference in how someone feels about a space. In this short post we’ll cover 3 window treatments that are well suited to the winter season.
Image Source: Flickr
Layered Curtains or Insulated Curtains
Use heavy fabrics or layered curtains over the windows to keep out drafts. Or, purchase insulated curtains with built-in thermal backing. Source: ApartmentTherapy
Block Out Blinds
They’re reasonably straightforward to fit as long as you are absolutely pinpoint accurate with the measurement for the vertical runners, as they must fit the window frame exactly. I managed with only a few expletives. They’re perfect at night as they block out light as well as draughts, but need to be opened during the day to let the winter sun in, so they are not effective during the hours of precious winter daylight. Source: TeleGraph
Shutters
Plantation Shutters can be considered the best value winter window treatments for their aesthetic appeal as well as their ability to increase the selling price on your home (in addition to keeping you warm!)
Plantation Shutters, especially those constructed of wood, have insulating elements and when closed the solid, durable structure of the slats will keep the cold air out of your windows during the winter and will shade your home from the scorching sun during the summer.
For those looking for a cheap, fast solution for your windows, Plantation Shutters are probably not the best choice. However, if you are looking to spice up the room with some elegance and desire a long-term solution that will add value to your home- then this is the option for you! Source: Blog.ShadesShuttersBlinds
Contact:
Universal Blinds
601 – 1550 W. 10th Ave
Vancouver, V6J 1Z9
Canada
Phone: (604) 559-1988
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4 Tips to Prepare Your Bathroom for Winter Months
Content originally published and Shared from http://perfectbath.com
Winter is on the horizon. If you haven’t prepared your bathrooms for cold weather, now is the time. Here are some tips to help you prepare your bathroom for the upcoming winter months, including: checking windows and pipes, adding some heating, setting the mood & winterizing your toilet.
Image Source: Flickr
Below are 4 tips to prepare your bathroom for the winter months:
Check Windows and Pipes
Bathrooms can be draughty places, so it’s a good idea to check your windows for cracks and reseal any worn silicone. It might also be a good idea to check your pipes for cracks and leaks, as well as ensuring all your pipework is properly insulated. By ensuring there are no problems in your bathroom to begin with, you can avoid small problems getting bigger down the track, which can often happen in winter with frozen pipes causing expensive issues. Source: BathroomCity
Add Some Heating
Is there anything more unpleasant than having to make a trip to the bathroom in the middle of the night, only to discover that the entire room is freezing cold? You can avoid this unpleasant scenario – to a point, anyway – by adding a heating element to your bathroom during the winter months. If your bathroom doesn’t already have its own heat source, add a space heater or other portable heating device that can be switched on to heat up at least part of the room as quickly as possible. Source: AmericanBathInd
Set the mood
Speaking of simple swaps, trading out bathroom accessories to fit the season is a great way to change the look of the bath. Display cozy, plush robes to keep bathers warm when stepping out of the shower and make guests feel right at home. Consider installing robe hooks close to the shower door for easy access. For added flair, incorporate accessories such as towels in a festive pattern, splashes of gold in soap dishes, or hints of bronze in candle holders and picture frames. Source: WaynecoJournalBanner
Winterize Your Toilet
You may be unaware that you can winterize your toilet and prevent this fixture from freezing during cold weather. In fact winterizing the toilet is quite easy and does not take much time at all to complete. This process involves using plumber’s antifreeze, which you can buy at most home improvement or hardware stores.
Before you pour in the antifreeze, you should first empty the water out of the back tank. Once the water is drained, you can then pour in the antifreeze and then flush it into the bowl and drainage system. After you flush, you should then pour a half cup of plumber’s antifreeze into each sink, shower, and tub in your house. This step winterizes the entire drainage system in your bathroom. Source: KitchenCabinetKings
Contact:
Perfect Bath
Phone: Toll Free 1-866-843-1641
Calgary, Alberta
Email: info@perfectbath.com
The post 4 Tips to Prepare Your Bathroom for Winter Months appeared first on Perfect Bath Canada.
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The Landlord’s Guide to Rental Property Security Deposits
An important part of treating your rental property investments like a true business is getting serious about collecting security deposits. Learn how here!
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The #1 Reason Wholesalers Get a Terrible Reputation (& How to Change That!)
Wholesaling can be a great way to build wealth -- but only if you do it right! Avoid being "that guy" in the wholesaling world by doing THIS correctly.
View the full article: The #1 Reason Wholesalers Get a Terrible Reputation (& How to Change That!) on on The BiggerPockets Blog. This content is Copyright © 2015 BiggerPockets, Inc. All Rights Reserved.
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7 Reasons the Rich Get Richer Through Real Estate
Why do real estate investors appear so frequently on Forbes' billionaire list? The truth is, this niche offers perks not available from other investments.
View the full article: 7 Reasons the Rich Get Richer Through Real Estate on on The BiggerPockets Blog. This content is Copyright © 2015 BiggerPockets, Inc. All Rights Reserved.
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Sunday, November 27, 2016
The Ultimate Comprehensive List of Tenant Red Flags
Renting to bad tenants can cause money, stress and property damage. This list covers everything that might turn you on to a bad renter situation.
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Should You Sell Your House or Rent It?
Is it a better financial decision to put your home on the market or put it up for rent? There are a lot of factors to consider. Get insight here!
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Saturday, November 26, 2016
9 Things Real Estate Agents Wish Their Investor Clients Knew
A great real estate agent can be an amazing deal source for investors -- but first, investors need to make sure they're someone an agent wants to work with.
View the full article: 9 Things Real Estate Agents Wish Their Investor Clients Knew on on The BiggerPockets Blog. This content is Copyright © 2015 BiggerPockets, Inc. All Rights Reserved.
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Should I Hire a General Contractor or Serve As My Own?
"Should I hire a general contractor or try it on my own?" There is no easy answer to this question... but this article will help you decide!
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3 Ways Giving Thanks Leads to a Better Real Estate Business
Giving thanks is not only gratifying on a personal level -- it also helps build strong relationships that lead to better, more repeat business. Here's how.
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Friday, November 25, 2016
Synchro Vancouver in Mount Pleasant
Synchro by Bold is a gorgeous 5 storey mid-rise building coming to the up and coming Mount Pleasant area. This exciting new development will consist of 13 1-bedroom suites ranging from 532 – 653 sq ft and 16 2-bedroom suites ranging from 724-1062 sq ft.
Within walking distance of Synchro you will find lovely Brew pubs, Cafes, Boutique shops and great restaurants. Experience the convenience of Mount Pleasant and the surrounding areas such as Olympic Village and False Creek.
Pricing has not yet been determined. Please register and join our VIP list to be one of the first to receive information.
The post Synchro Vancouver in Mount Pleasant appeared first on Vancouver New Condos.
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The 7 Most Common Tenant Complaints (& How to Solve Them!)
Worried about those 2:00 a.m. wakeup calls you might get as a landlord? Nip them in the bud by swiftly and effectively managing tenant complaints!
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5 Ways To Improve Your Mortgage Qualifying Success
The post 5 Ways To Improve Your Mortgage Qualifying Success appeared first on Invis Team RRP.
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Real Estate Agents: Don’t Substitute Real-Life Lessons With Virtual Ones
In the digital age, it can be easy to bury your head in your laptop and read every e-book there is. But as a real estate agent, that might not be wise.
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Why an Amazing Mentor Makes the Difference Between Mediocrity & Wild Success
No matter how clever you are, there are things you just CAN'T know about real estate when starting out. Here's why a good mentor is invaluable to success.
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Thursday, November 24, 2016
5 Savvy Tax Moves to Make Before December 31st
As the year comes to a close, NOW is the time to assess your tax situation & find out if there's anything you could do that you'll thank yourself for later.
View the full article: 5 Savvy Tax Moves to Make Before December 31st on on The BiggerPockets Blog. This content is Copyright © 2015 BiggerPockets, Inc. All Rights Reserved.
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What Was the Most Surprising Thing You Learned When You Became a Landlord?
Being a landlord can truly be an adventure. Here are the most surprising things these 4 experienced landlords learned. What's YOUR story?
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Wednesday, November 23, 2016
BP Podcast 202: Escaping the Rat Race Through Rental Properties with Mark Walker
Most people dream of getting out of the “rat race,” quitting their day job, and living on passive income sources. However, usually that’s just wishful thinking. But today, we’re excited to introduce you to a real estate investor who did just that using rental properties, and he explains just how he did it. You’ll learn [...]
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Kindred Moodyville by Fairborne
Coming soon to the up and coming Moodyville Neighbourhood of North Vancouver, Kindred Moodyville is a fine collection of 96 homes consisting of 1 bedroom, 1 plus den and 2 bedrooms suites. Each home is is exceptionally designed with bright, spacious and modern interiors for the best livability in mind, complete with overheight ceilings and efficient floor plans
Moodyville Neigbourhood of North Vancouver is going under a massive transition. Currently consisting single family homes, this area was targeted by the City of North Vancouver as community to redeveloped into a new walkable pedestrian friendly neighbourhood. Once completed, Moodyville will have 1500 homes within walking distance of Lower Lonsdale, with easy access to transit and trails to get you where you need to.
The post Kindred Moodyville by Fairborne appeared first on Vancouver New Condos.
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4 Self-Sabotaging Excuses Holding You Back From Investing Success
"It's too risky!" If you've ever told yourself this (or other common excuses) to justify staying out of the investing game, here's your wakeup call!
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What is a Debt-to-Income Ratio (DTI) and How is it Calculated?
Wondering what a debt-to-income ratio is and how to calculate it? If you're looking to qualify for a loan, be sure to read this article first!
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Have a Happy Thanksgiving!
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How I’m Earning an 8% Cap Rate With My Vacation Rental
In 2014, I bought a vacation rental on the Oregon coast. In my first full year of ownership, I earned more than $35,000 in net rental income. Vacation rentals can be lucrative, headache-free investments, as well as amazing assets for you and your loved ones. Here’s how I went about making my investment. Where and [...]
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Tuesday, November 22, 2016
What Sets Apart Successful Real Estate Investors From Those Who Fail, Quit, or Never Get Started?
To investors, it might be the ultimate question -- what separates those who fail from those who succeed? Turns out there are a few key differentiators.
View the full article: What Sets Apart Successful Real Estate Investors From Those Who Fail, Quit, or Never Get Started? on on The BiggerPockets Blog. This content is Copyright © 2015 BiggerPockets, Inc. All Rights Reserved.
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Why All Real Estate Investors Should Measure Their Progress on Mint.com
If your goal is building wealth, how do you measure your progress? You need the full picture, in real time. Enter: Mint.com's wealth-tracking platform.
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5 Investment Property Finance Tips to Help You Get the Financing You Need
Financing investment properties is a whole different animal than funding a primary residence. Get the tips you need to grow your portfolio here.
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Monday, November 21, 2016
5 Winter-Proofing Tips for Your Windows
The winter chill need not be a reason for an astronomical increase in your heating bill. Let your windows help insulate your home with the following tips:
Image Source: Flickr
Honeycomb Cellular Shades
Honeycomb cellular shades help to keep cold air and drafts out, not just from the window, but from around the window frame too. It’s important to lower them at night when the temperatures are colder, and then open them during the day to use the energy of the sun to warm up the house. Source: GreenOptimistic
Weather Stripping
Use weather stripping to cover any gaps or spaces in parts of the windows that are moveable. First, clean the window parts thoroughly where stripping will be applied; then cut the weather stripping to size, peel the covering off the sticky side and apply where needed with enough pressure to ensure a good seal. Source: Overstock
Layered Window Treatments
To dress your windows really warmly, bundle them up in insulating shades (or cellular shades) with curtains hung on top. This elegant look makes any room feel more finished and will keep your house warmer. Source: Houzz
Storm Windows and Doors
If you have older windows and doors, adding storm windows and doors can help considerably. Window insulation film is another option to provide a layer of protection. “It really insulates the window,” Sassano says. Source: Money.USNews
Use Dark, Thick Curtains at Night
Another good way to winter proof your apartment is to use dark, thick curtains over your windows at night. During the day, if it’s sunny, you can draw your blinds back (so long as your windows are covered with film) and you may be able to receive some heating benefit from the sun. However, remember that nighttime is longer in the winter and that there may be cloudy days. When it’s not sunny out, you should cover the windows with dark, thick curtains, which can help trap heat. Source: Ohmyapt.ApartmentRatings
For more energy-efficient window treatment options, contact us!
Contact:
Universal Blinds
601 – 1550 W. 10th Ave
Vancouver, V6J 1Z9
Canada
Phone: (604) 559-1988
The post 5 Winter-Proofing Tips for Your Windows appeared first on Universal Blinds, Shades & Shutters.
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5 Tips to Keep your Bathroom Warm This Winter
Content originally published and Shared from http://perfectbath.com
It’s easy to bundle up to keep yourself warm when it’s winter cold. But when it’s time to step into the bathroom, just the thought of it already gives you chills. Here are 5 things to do so you can make your bathroom experience warm and cozy despite the cold weather:
Image Source: Flickr
Efficiency Check
If your bathroom feels chillier than the rest of the house, the windows may be the culprit. Perform a quick test to see if your windows are letting in drafts by holding up a piece of tissue around the perimeter—if it moves, you have an air leak. Caulk around the window to prevent future air flow. Source: BobVila
Consider a Home Sauna
Historically much more common in countries like Sweden, saunas are becoming more popular in the States. Source: Houzz
Buy a Rug
Make sure it’s a rug made specifically for bathrooms, but not a plastic bathmat. Try to get a soft one, so it’s comfortable to walk on. Make sure it’s absorbent. Source: WikiHow
Install a Steam Shower
When your muscles ache or you’ve just braved a day filled with snow and slush, wouldn’t you love to treat yourself to an herb-scented steam bath? It’s possible to bring this health club experience home by transforming an ordinary shower stall into a rejuvenating steam shower. You can buy a steam-generating system for about $2,500, plus the cost of re-tiling and installing a steam-proof shower enclosure. There’s plumbing and electrical work involved, so you’ll need to hire pros for this job. Once installed, you’ll find your steam shower to be a relatively frugal energy consumer: A 20-minute steam bath requires about 2 gallons of water — a fraction of the 50 gallons used by a water-saving showerhead in the same time frame. Source: Bathrooms.About
Warm up your Towels
Heated towel racks are a quick and easy solution to warm things up. Just imagine stepping out of the shower to a nice warm towel. You can either install the rails, or have a freestanding rack, making this approach the simplest and most practical step towards a warmer bathroom. Source: Lifestyle
Contact:
Perfect Bath
Phone: Toll Free 1-866-843-1641
Calgary, Alberta
Email: info@perfectbath.com
The post 5 Tips to Keep your Bathroom Warm This Winter appeared first on Perfect Bath Canada.
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8 Things I’m Grateful for as a Real Estate Investor This Year
Chances are, you wouldn't be where you are as an investor if it weren't for some key people in your life. Let us know what you're most thankful for!
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Why You DON’T Need a Massive Buyers List to Succeed as a Wholesaler
Many wholesalers focus tons of time and energy on building their buyers list. But is this strategy really the best way to land deals?
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The Exercise That Drove Me to Reevaluate My Cubicle Life, Purchase a Triplex & Start 2 Businesses
This investor started in a cubicle job, but this simple exercise changed everything. Learn to step outside of your routine & turbocharge your goals here!
View the full article: The Exercise That Drove Me to Reevaluate My Cubicle Life, Purchase a Triplex & Start 2 Businesses on on The BiggerPockets Blog. This content is Copyright © 2015 BiggerPockets, Inc. All Rights Reserved.
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Sunday, November 20, 2016
Opinion: Allowing Smokers in Your Rental is Costly & Just Plain Dumb
A smoker can cost you 10% of your profits -- and make your property much harder to rent out in the future. Here's why you should NEVER allow smoking inside.
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5 Ways to Increase Your Gratitude & Give Back This Thanksgiving
Don't just go through the motions this Thanksgiving -- take some action and make your life (and the lives around you) a little bit better!
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Saturday, November 19, 2016
As a Landlord, Should You Use Month-to-Month or Term Leases?
What are the pros and cons of using month-to-month and term leases as a landlord? Get input from an experienced investor here!
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Fall Hairstyle Looks from Salon Vanity on Fox 29
Salon Vanity Stylist Lori Ann Navin made her television debut this week on Fox 29’s The Q, hosted by Quincy Harris. She made all of us at the Salon proud, showing off the hottest fall trends! Click here to check out the amazing before and after transformations she premiered on the show.
alon Vanity is a Philadelphia Salon located on the corners of 17th and Walnut in Rittenhouse Square. Want more gorgeous? Stay up to date with all things hair by following us on social media!
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The Top 5 Questions to Ask Every Potential Tenant on the Phone
Tenant screening begins with the first phone call. What questions should you ask? Read this article for 5 questions that will save you time and effort.
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The 3 Most Important Due Diligence Items When Buying Turnkey Rentals
Once you buy a turnkey property, any issues it might have instantly become your problem. Recognize costly issues BEFORE you buy by vetting correctly.
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Friday, November 18, 2016
Market Update: ‘Trumpflation’ Affects Canadian Bond Market And Interest Rates
The post Market Update: ‘Trumpflation’ Affects Canadian Bond Market And Interest Rates appeared first on Invis Team RRP.
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The Key to Quitting the Rat Race Using Multifamily Investing
Want to quit the rat race with real estate? If you're planning on investing in multifamilies, here's the ONE THING you need to do to get there.
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5 Simple Steps to Get You Moving Towards a Productive 2017
Want to make 2017 your best investing year yet? Get a jump on your productivity by performing this easy, 5-step exercise!
View the full article: 5 Simple Steps to Get You Moving Towards a Productive 2017 on on The BiggerPockets Blog. This content is Copyright © 2015 BiggerPockets, Inc. All Rights Reserved.
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3 Pros (& 2 Cons) of Self-Directed IRA Investing
Should you use a self-directed IRA to help build wealth? Learn if this powerful strategy is right for you by checking out the pros and cons!
View the full article: 3 Pros (& 2 Cons) of Self-Directed IRA Investing on on The BiggerPockets Blog. This content is Copyright © 2015 BiggerPockets, Inc. All Rights Reserved.
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Thursday, November 17, 2016
How to Easily Analyze Rental Properties Using the Four Square Method
A big stumbling block for new investors is the inability to quickly analyze deals. This easy method may change everything for you [free worksheet provided]!
View the full article: How to Easily Analyze Rental Properties Using the Four Square Method on on The BiggerPockets Blog. This content is Copyright © 2015 BiggerPockets, Inc. All Rights Reserved.
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6 Way to Impress Your Vacation Home Renters With Top-Notch Service
Looking to build a great reputation and boost both referrals and repeat visits? Keep your vacation home guests coming back for more with these tips.
View the full article: 6 Way to Impress Your Vacation Home Renters With Top-Notch Service on on The BiggerPockets Blog. This content is Copyright © 2015 BiggerPockets, Inc. All Rights Reserved.
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Wednesday, November 16, 2016
BP Podcast 201: Flipping 100+ “Zombie” Houses with Justin Stamper
Dead “zombie” houses are everywhere — just waiting for you to bring them back to life if you are willing to take the risk! That’s the story we dive deep into today on the BiggerPockets Podcast when we sit down with reality TV star Justin Stamper, a real estate investor from the Orlando, FL market [...]
View the full article: BP Podcast 201: Flipping 100+ “Zombie” Houses with Justin Stamper on on The BiggerPockets Blog. This content is Copyright © 2015 BiggerPockets, Inc. All Rights Reserved.
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How to Manage Your Rentals While Working a Full-Time Job
Self-managing your rentals while working a 9 to 5 isn't impossible -- as long as you know a few secrets to avoid costly, time-consuming mistakes.
View the full article: How to Manage Your Rentals While Working a Full-Time Job on on The BiggerPockets Blog. This content is Copyright © 2015 BiggerPockets, Inc. All Rights Reserved.
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What Are the Risks & Rewards of Renting to Illegal Immigrants?
Renting to illegal immigrants has its own risks and benefits. What do landlords need to know before deciding whether to consider undocumented immigrants?
View the full article: What Are the Risks & Rewards of Renting to Illegal Immigrants? on on The BiggerPockets Blog. This content is Copyright © 2015 BiggerPockets, Inc. All Rights Reserved.
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