Monday, July 31, 2017

5 Truths I Learned by Living Financially Free for One Year

productive-2017

it has been almost exactly one year since I purchased the property that made me financially independent. A year into this, here's what I've learned.

View the full article: 5 Truths I Learned by Living Financially Free for One Year on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.



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2nd + Main by Create Properties in Mount Pleasant

On the corner of 2nd and Main Street is the new 226 residence building composed of 23 studios, 145 1-bedrooms, and 58 2-bedrooms. Vancouver based, Create Properties brings a unique vibe to their properties where you can live, work and play. This development will feature: a green roof for residents with garden plots and storage for gardening supplies, electric vehicle charging stations, four artist studios, bicycle stalls, 13000 square feet of retail space, and culture space.

This fabulous development is situated within walking distance to the Olympic Village, close to breweries and dining spots.

The post 2nd + Main by Create Properties in Mount Pleasant appeared first on Vancouver New Condos.



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The 5 Most Common Reasons Tenants Leave Your Rentals

tenant-screening

Tenants are on the move. What are the most common reasons they may leave your rentals? How can landlords prevent these moves to keep good tenants?

View the full article: The 5 Most Common Reasons Tenants Leave Your Rentals on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.



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Borrowers who obsess about interest rates are getting it wrong

The post Borrowers who obsess about interest rates are getting it wrong appeared first on Invis Team RRP.



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Mogambo Springs Experience: The Spa at Plantation Bay

Karaksa Hotel: Kyoto on a Budget

Is Airbnb Really Ruining Rental Markets?

Those who benefit from the status quo hate disruptive technology. Just look at the millions of dollars the taxi industry has spent lobbying for state and local governments to regulate—or outright ban—ride-sharing services like Uber. And, of course, the hotel industry has spent millions of dollars trying to do the same with vacation rental services [...]

View the full article: Is Airbnb Really Ruining Rental Markets? on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.



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Sunday, July 30, 2017

What Sets Apart Successful Real Estate Investors From Those Who Fail, Quit, or Never Get Started?

succeed-vs-fail

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 The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.



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2017 Great Singapore Sale Welcomes Shoppers With Great Finds at Great Deals

Why the People You Hire Are the #1 Factor to Make or Break Your Investments

real-estate-networking

If you buy the best house on the best area with the best growth projections, but your property manager is incompetent, you’re going to lose money.

View the full article: Why the People You Hire Are the #1 Factor to Make or Break Your Investments on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.



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Saturday, July 29, 2017

Davao team wins Cebu Pacific Backpacking Challenge 2017

3 Ways to Make a Stellar Real Estate Deal Out of an Average Deal

great-deal

Over time, I came to realize that by using some creative strategies, I didn't actually need to have that many units to have the lifestyle I wanted.

View the full article: 3 Ways to Make a Stellar Real Estate Deal Out of an Average Deal on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.



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12 Repairs to Make to Your Investment Mobile Home if Capital Is Limited

remain-in-mobile-home

If money is limited and you are looking to make your mobile home attractive to the largest number of serious buyers, then consider this list.

View the full article: 12 Repairs to Make to Your Investment Mobile Home if Capital Is Limited on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.



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10 Must-Try Ilokano Food

How to Calculate the Value of Multifamily Real Estate

how-to-value-multifamily-property

Does the idea of analyzing multifamilies make you sweat? If you're looking to build wealth through this powerful strategy, get your guide to valuation here!

View the full article: How to Calculate the Value of Multifamily Real Estate on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.



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Friday, July 28, 2017

7 Best Things to Carry When Going for a Hike in Snowy Areas!

Life Hacking in Pursuit of Financial Freedom: How I Add $1,500+/Mo to My Income

life-hacking

With a little life hacking, you can make money on most Americans' two largest expenses. Talk about expediting your journey towards early financial freedom!

View the full article: Life Hacking in Pursuit of Financial Freedom: How I Add $1,500+/Mo to My Income on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.



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12 Questions to Ask for a Thorough Landlord Reference

landlord-references

Getting references from previous landlords is perhaps the most important of all the screening steps. A lousy tenant can’t hide from their past actions.

View the full article: 12 Questions to Ask for a Thorough Landlord Reference on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.



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UNIQLO releases LifeWear Travel clothes collection for 2017 fall and winter season

Upsize Your Holiday at Bintan Lagoon Resort

Are Extra Mortgage Payments Worth It? A Look at the Numbers

Should you make extra payments on your mortgage, and if so, how much more should you pay and starting when? Look at the numbers and get insight here!

View the full article: Are Extra Mortgage Payments Worth It? A Look at the Numbers on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.



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Thursday, July 27, 2017

Income Inequality: Are the Wealthy Superior People or is the System Unfair?

income-inequality

What are the true reasons for income inequality—and what should be done about it? This article may change your point of view on this controversial subject!

View the full article: Income Inequality: Are the Wealthy Superior People or is the System Unfair? on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.



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Lighthouse: Cebu’s Premier Native Restaurant

Mangrove Madness! 5 Reasons to go on the Mangrove Discovery Tour in Bintan

Explore a Different Hong Kong Through Cebu Pacific

Etihad Airways launches Early Bird Offer and Invites Filipino Travellers to See the World

6 Volcanoes around the World That You Can Hike!

Checklist for a Laid Back Vacation in Boracay Island

Historical Trails: Taal Heritage Tour with the Ford Everest

A Piece of Heaven: 5 Reasons to stay in Nirwana Resort in Bintan, Indonesia

5 Things I love about Changi Airport’s Terminal 4

Travel Guide: Bohol in Less Than 15 Hours

How to Use Action to Overcome Fear and Procrastination

overcome-fear

Don't get me wrong; it's vital to learn before you jump into real estate. But you don't want to settle for just learning, putting off the date of beginning.

View the full article: How to Use Action to Overcome Fear and Procrastination on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.



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Lighthouse: Cebu’s Premier Native Restaurant

Mangrove Madness! 5 Reasons to go on the Mangrove Discovery Tour

Explore a Different Hong Kong Through Cebu Pacific

BiggerPockets Podcast 237: Partnerships & BRRRR Investing While Working Full-Time With Ian Reeves

Show 237

In this episode of The BiggerPockets Podcast, we’re excited to talk about two incredibly powerful strategies any real estate investor (new or experienced!) can use to grow their business: partnerships and BRRRR investing. Today’s guest, Ian Reeves, used a combination of both these strategies to build an incredible portfolio in just the past few years, [...]

View the full article: BiggerPockets Podcast 237: Partnerships & BRRRR Investing While Working Full-Time With Ian Reeves on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.



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Wednesday, July 26, 2017

Etihad Airways lauches Early Bird Offer and Invites Filipino Travellers to See the World

6 Volcanoes around the World That You Can Hike!

3 Bathroom Mistakes to Avoid

Content originally published and Shared from http://perfectbath.com

Despite using the bathroom every day since you were born, you probably still make mistakes that you weren’t aware of. Check out these examples:

Image Source: Flickr

Using toxic chemicals to clean
Let’s take a moment to think about the reason you’re actually cleaning anyway…to kill infection- and illness-causing bacteria, right? Then, you’ll be surprised to know many of the cleaning products you’re using could be harmful to your health. The Environmental Working Group has published a “Hall Of Shame” list of worst-offending cleaning products, many of which are banned in other countries and have ingredients known to cause cancer, blindness and more.
Instead, make your own green cleaner using fruit! A grapefruit cut in half with salt is an effective tub scrubber and a halved lemon will make the water stains on your faucets a distant memory. Not to mention, your bathroom will smell amazing. Source: HuffingtonPost

Flushing the toilet with the lid up
You pee, wipe, stand up, and just flush the toilet, right? It sounds basic enough. But flushing the toilet with the lid still up is a mistake, because there’s this thing called “toilet plume” you may not know about. “Toilet plume” is the mixture of small waste particles and water in your toilet that can shoot aerosolized feces as high as 15 feet into the air when you flush. Yuck, and no thank you.

A study conducted at the University of Oklahoma found that “toilet plume could play a contributory role in the transmission of infectious diseases.” Another study in 2012 at Leeds University discovered that a germ called C. difficile can be catapulted up to 10 inches above the toilet seat every time you flush with the lid open. By the way, C. difficile gives you nausea and makes you vomit. So, yeah, close the lid before you flush. Source: HelloGiggles

Ignoring the floor
Your bathroom floor is dirtier than your toilet seat, according to ABC News. If you walk around in your bare feet, you’re going to pick up all kinds of bacteria (as many as 2 million per square inch). In fact, most people worry about the toilet seat, but never pay attention to the even more dangerous floor. So make sure your feet are covered instead of the toilet seat if you’re a germaphobe. Source: Bustle

We can keep you updated with current bathroom trends. Feel free to contact us for more information!

 

Contact:
Perfect Bath
Phone: Toll Free 1-866-843-1641
Calgary, Alberta
Email: info@perfectbath.com

The post 3 Bathroom Mistakes to Avoid appeared first on Perfect Bath Canada.



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3 Steps to Close Your First Wholesaling Deal (& Find a Mentor in the Process)

marketing-presentation

Like many, when I started, I had little to no cash, little to no experience, and little to no help. Sound familiar? We're about to change that.

View the full article: 3 Steps to Close Your First Wholesaling Deal (& Find a Mentor in the Process) on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.



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Checklist for a Laid Back Vacation in Boracay Island

5 Practical Tips for Enhancing Your Image as a Real Estate Investor

enhance-image

When it comes to real estate, reputation is very important. Are you doing enough to put forth a positive image in your market?

View the full article: 5 Practical Tips for Enhancing Your Image as a Real Estate Investor on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.



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Before Vacation, a Few Plumbing Priorities

Are you getting jet-set for a summer getaway? Put your plumbing on your pre-vacation to-do list.

In just a couple of minutes and with a few turns of the wrist, you can save money during your trip and make sure catastrophic water damage doesn’t occur in your absence. Read on to learn how.

Shut Down Your Hot Water Heater

If you have a traditional tank water heater that runs on electricity or natural gas, it’s likely to be among the highest energy consuming appliances in your home. But you might not know this if you’ve never shut your water heater down for a week, only to come home to significantly lower utility bills.

As long as there’s no risk of freezing, there’s nothing wrong with shutting off your water heater for a few days. You can either use the main shutoff handle on your water heater itself, or shut it off at your main circuit panel if that’s more accessible. Some water heaters have a “vacation” setting on the temperature control dial. Alternatively, you can just turn the temperature dial to its lowest setting.

If you’re making this part of your vacation routine for the first time, leave yourself a note to turn the power back on as soon as you get home. It will take a little while to heat up a full tank of cool water.

Shut Off Your Water Supply

When it comes to home repair headaches, broken plumbing pipes are especially costly because of the huge mess they create. If you’re not home to notice the deluge and take action, you might suffer catastrophic property damage. But if you completely shut off the water supply to your home, you can prevent plumbing-related water damage altogether.

If you don’t know exactly where your main shut-off valve is, you should locate it today. Because even if a pipe breaks while you’re at home, the best way to minimize damage is to go directly to the valve and shut off the flow of water at the source.

The main shut-off valve is near the water meter in most homes. Sometimes it will be a hand-crank knob or handle on a large pipe in the basement. In warm climates, it’s often located outside the home, sometimes below ground and covered by a grate. These valves may require a long-handled tool called a valve key. If you can’t find your shut-off valve, your local plumber can show you and make sure it’s working properly.

If you shut off your water supply before vacation, open a faucet on the other end of the house to drain what water remains in the lines. When you return, reopen the main valve slowly to minimize surging pressure on your pipes and fixtures.

Shutting off all your water may not be an option if you rely on a sprinkler system or have some other plumbing system that needs to stay on. But you can still prevent isolated leaks in other areas of the home by shutting off individual valves on lines leading to toilets, sinks, dishwashers, refrigerators and washing machines. Just look for a handle located along the water line leading from the wall.

Give yourself a little extra peace of mind when you’re on vacation by taking these simple steps before you depart. And if you need any help getting to know your home’s plumbing or taking other steps to prevent leaks before they start, you can always call upon your [Link To Franchise].



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How Hiring a Tax Strategist—Not Accountant or CPA—Could Save You Thousands Every Year

tax-consultant

Ed is a successful investor. He made a lot of money for a lot of years. Sadly, he flushed a bunch of it down the toilet as well. How? By overpaying the IRS.

View the full article: How Hiring a Tax Strategist—Not Accountant or CPA—Could Save You Thousands Every Year on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.



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Tuesday, July 25, 2017

16 Illuminating Questions Landlords Should Ask Every Prospective Tenant

tenant-questions

Your tenant application should cover much more than the basics of name, address & references. Get a full snapshot of each applicant with these questions.

View the full article: 16 Illuminating Questions Landlords Should Ask Every Prospective Tenant on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.



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The 7 Indispensable Team Members of a Property Management Company

property-management-team

There are key roles every property management operation needs to have covered. Here are a few indispensable members I have on my team.

View the full article: The 7 Indispensable Team Members of a Property Management Company on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.



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Newbies Beware: Failing to Adjust to Market Tides Could Leave You High & Dry (or Underwater)

market-tides

Is being too focused a bad thing? Here's why the new investor has a huge benefit in keeping their head on a swivel and pivoting to the tides of the market.

View the full article: Newbies Beware: Failing to Adjust to Market Tides Could Leave You High & Dry (or Underwater) on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.



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5 Decorating Tips for an Attic Bedroom Sanctuary

Attics are places that seem to be frozen in time, collecting dust and hiding forgotten family heirlooms. However, with some effort, it is possible to transform the underused space into a stylish, tranquil haven.

Image Source: Flickr

Below are 5 decorating tips for an attic bedroom sanctuary:

Using Sloped Ceilings Properly
Use sloped ceilings wisely. “Dormers are great for window seats, desks or reading nooks,” says Heron. “These types of activities don’t require ceiling height, so where things are constricted, they provide extra function to that space.”
If you’re short on storage, built-in shelving is another wise use of the space where a sloped ceiling meets the floor. Source: Houzz

Avoiding Overcrowding & Using Furniture
Speaking of furniture, since attics tend to be more cramped than other rooms you’ll want to avoid overstuffing your attic with bulky furniture. The fewer items you have, the better the flow will be. Choose furniture with a low profile since ceiling height could impede movement. Keep beds away from the lowest parts of the room so that nobody bumps their heads when getting in and out.  Another issue with a converted attic is that you often lose storage space. This is a problem since you also want to limit the amount of furniture in the attic. The answer is to incorporate storage into the furniture you have. Beds that have drawers beneath them, ottomans that have interior storage, and other multi-purpose pieces of furniture will help you achieve this goal without swamping the space. Source: Blog.ClubFurniture

Picking Colors
The room paint is quite a challenge for the attic room. The reason behind this is simple, these kind of rooms have less walls and wide ceiling. It is important to do the paint work carefully so that you can make the room attractive. The trick is to use two different colours on the wall and the ceiling. Select white or neutral colour for the walls to make it bright. Source: HomeDecorXP

Making Use of a Ceiling Skylight
The attic is the perfect location for a skylight. Although it doesn’t strictly fall under the category of decorations, it’s a very practical project that will add to the appeal of your home. It will allow you to enjoy the great-looking night sky and cloud-gazing during the day right from the comfort of your new room. This will also save on electricity during the day as light will stream into your room and you won’t have to light up the place. There are many innovative options out there you can make use of during your projects. Source: ImproveNet

Choosing Window Treatments
The attic was now ready for the gangly youth, but there was an important detail that needed to be incorporated with Window treatments ideas! Neighbors who’d had their home redone recently told us, the best option to find large varieties of the most effortless and effective window dressings is online shopping. This would also save us professional consultation and installation fees. Going through the online options had our eyes popping! The variety was amazing, but we soon educated ourselves enough to narrow the options down to two – Window Shutters or Cellular Shades. Though the cellular shades were cheaper and provided exemplary insulation, we decided to get the Woodlore Plus Norman Shutters as we felt it would be a more resilient option for clumsy teenage hands. Source: ZebraBlinds

 

Contact:
Universal Blinds
601 – 1550 W. 10th Ave
Vancouver, V6J 1Z9
Canada
Phone: (604) 559-1988

The post 5 Decorating Tips for an Attic Bedroom Sanctuary appeared first on Universal Blinds, Shades & Shutters.



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Monday, July 24, 2017

How I Built a $1.2M Portfolio While Active Duty With the Help of VA Loans

va-loans-active-duty

The military and real estate investments have provided security for my family, and I hope this article will teach other veterans to do the same.

View the full article: How I Built a $1.2M Portfolio While Active Duty With the Help of VA Loans on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.



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How to Know When It’s Wise to Place Your Rentals in a C or S-Corporation

s-corp-vs-c-corp

Investors are often told that they should DEFINITELY use corporations to hold their rentals or that they should definitely NOT use them. Here's the truth.

View the full article: How to Know When It’s Wise to Place Your Rentals in a C or S-Corporation on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.



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How I Got to Closing on a Million Dollar Fix & Flip Project [With Real Numbers!]

million-dollar-flip

Interested in how bigger real estate deals get closed? Learn from an experienced investor here (real numbers included)!

View the full article: How I Got to Closing on a Million Dollar Fix & Flip Project [With Real Numbers!] on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.



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Top 12 Things to do and Places to Visit in Taal, Batangas

Wine and Cheese Tasting Experience in Paris

Sunday, July 23, 2017

Plan Your Vacation Ahead: Heres the List of 2018 Long Weekends in the Philippines

How I Lost Over $1 Million in Sales—and Why I Don’t Feel Bad About It

productive-2017

On one particular real estate transaction not too long ago, I probably lost about $1 million in sales—and I feel absolutely amazing about it. Here's why.

View the full article: How I Lost Over $1 Million in Sales—and Why I Don’t Feel Bad About It on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.



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Moscow: The Land of Flowers and Sweets At the Heart of Russia

Delish Munches at Cafe Pronto at Marco Polo in Ortigas, Manila

FPG Insurance Philippines introduces streamlined online travel insurance application

AirAsia adds direct flights to Kuala Lumpur from Davao City

Wine Tasting Dinner at Parador de Plasencia in Extremadura, Spain

Chef Hiro’s Tasty Summer Treats at Kitsho

Top Three Most-Scenic Countries to Work as a Travel Nurse

My Starbucks Philippines’ Coffee College Experience

Top Must Visit Destinations for International Relations Students

Best California Road Trips

12 Rental Property Improvements You Can Make for Under $500

buying-house

Need to upgrade a rental unit on budget so tenants start noticing it? Here are 13 improvements landlords can make for under $500 each.

View the full article: 12 Rental Property Improvements You Can Make for Under $500 on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.



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Saturday, July 22, 2017

How Investors Get Burned Following the 2% Rule in Low-Income Neighborhoods

Think the 2% Rule sounds like a golden standard? Here's how so many new investors get tripped up by low-income properties that look great on paper.

View the full article: How Investors Get Burned Following the 2% Rule in Low-Income Neighborhoods on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.



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7 Truths About Private Money That Will Help You Raise Capital

We all have beliefs about money, most of which have come from our childhood and education. Often, these beliefs are untrue, misconstrued, or limiting.

View the full article: 7 Truths About Private Money That Will Help You Raise Capital on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.



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Turnkey Investing 101: What to Avoid & How to Know if It’s Right for You

turnkey_real_estate_basics

Turnkey real estate is something that a lot of investors look to get into. Learn common mistakes to avoid and whether you should pursue this investment.

View the full article: Turnkey Investing 101: What to Avoid & How to Know if It’s Right for You on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.



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AirAsia adds direct flights to Kuala Lumpur from Davao City

Friday, July 21, 2017

Frustrated That Your Friends and Family Aren’t Interested in Investing? Read This!

friends-family-financial-freedom

I remember the moment that I decided to pursue financial freedom. I felt obligated to tell everyone I knew about this concept—except almost nobody cared.

View the full article: Frustrated That Your Friends and Family Aren’t Interested in Investing? Read This! on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.



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Wine Tasting Dinner at Parador de Plasencia in Extremadura, Spain

Upgrade Your Driving for Dollars Campaign With This Awesome Hack!

driving-for-dollars-hack

Driving for dollars is a great, cost effective way to find awesome deals—so take it to the next level by adding this innovative tool to your kit!

View the full article: Upgrade Your Driving for Dollars Campaign With This Awesome Hack! on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.



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Chef Hiro’s Tasty Summer Treats at Kitsho

My Client Tripled His Income Using Airbnb: Here’s What He Should Know About Taxes

upgrade-vacation-rental

Switching to a vacation site like Airbnb? This CPA's client just did—and tripled his income! Here's what you should know about the tax implications.

View the full article: My Client Tripled His Income Using Airbnb: Here’s What He Should Know About Taxes on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.



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Thursday, July 20, 2017

The 10 Most Common Lease Compliance Issues You’ll Encounter

tenant_break_lease_reasons

A lease compliance issue is just that—when the tenant doesn’t comply with the rules outlined in their lease. Here's the mot common you'll see.

View the full article: The 10 Most Common Lease Compliance Issues You’ll Encounter on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.



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The 20-Something’s Guide to Financial Stability

credit-report-loan

You can pretty much be broke at any age. For me, I was pretty poor growing up. So, there was really only one way to go, and that was up. When it comes to financial mistakes, though, I believe that most of them are made between the ages of 25 and 35 years old. You [...]

View the full article: The 20-Something’s Guide to Financial Stability on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.



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Wednesday, July 19, 2017

BiggerPockets Podcast 236: From Tragedy to Broke to $400,000 a Month with Lance Wakefield

Show 236

How does one scale a real estate investing business to hundreds of thousands of dollars in profit in under two years? That’s the topic on today’s episode of The BiggerPockets Podcast, where you’ll hear just how Lance Wakefield, a real estate wholesaler in the Dallas area, accomplished that amazing feat. You’ll hear Lance’s powerful story [...]

View the full article: BiggerPockets Podcast 236: From Tragedy to Broke to $400,000 a Month with Lance Wakefield on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.



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10 Not-So-Obvious Ways to Thoroughly Screen Potential Tenants

tenant-screening-tips

Finding great tenants will make your landlording job MUCH easier—but what process do you use? These 10 tips will land only the BEST renters in your units!

View the full article: 10 Not-So-Obvious Ways to Thoroughly Screen Potential Tenants on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.



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The Problem With Using the 70% Rule to Calculate Your Maximum Allowable Offer

70-percent-rule-problem

The 70% Rule states that you should pay no more than 70% of a property’s ARV, minus any repairs. Still, this rule isn't 100% accurate or reliable.

View the full article: The Problem With Using the 70% Rule to Calculate Your Maximum Allowable Offer on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.



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How to Fix A Chipped Sink or Bathtub

Porcelain and enamel sinks and bathtubs are some of the most resilient fixtures in the typical home, but they’re not invincible. If you accidentally drop something hard and heavy like a cast iron skillet, you could easily chip the surface. Fortunately, the repair job is easy, too.

First Aid

Your DIY sink or bathtub repair starts at your local hardware store, where you’re likely to find a selection of epoxy repair kits. You’ll need one of these repair kits and a sheet of fine-grit sandpaper, if you don’t already have some at home.

Before you can begin repairs, you should clean and dry the chipped area thoroughly, then give it a few passes with the sandpaper. This will remove any small particles that remain and give the chipped surface a rough texture that will make it easier for the epoxy to form a strong bond. 

Epoxy consists of two separate solutions. Mix the solutions according to the directions on the package, but don’t mix the entire quantity at once. If you have a large or deep chip, you’ll need to apply the epoxy in multiple thin layers that will need to dry in between, so it’s best to work with small batches.

Many kits include a small applicator brush, but you can also use a fine paintbrush or toothpick to apply the epoxy. Perform this step carefully and be sure to adhere to the package’s directions about drying times. After you’ve applied the final coat, leave the area untouched for at least 24 hours.

If the final product leaves an uneven surface, you can use sandpaper to carefully flatten it out after the epoxy has fully hardened. Wait at least a week before attempting this or any harsh scrubbing of the area.

A Perfect Match

Because most sinks and tubs are white, most of the repair epoxies you’ll find are also white. Some have a single tone, while others can be mixed at various proportions to allow for a range of shades and a closer match. Read the packaging carefully if you’re concerned about this.

If the shade match isn’t exact, you can always touch up the area after the epoxy has fully hardened by using enamel paint. Finding the right shade of enamel paint isn’t necessarily easy either, but there are a few ways you can get this done. 

Try contacting the manufacturer of the sink or bathtub to ask about color swatches or codes. If that doesn’t provide any clues, move on to your local paint store. If you have the chip that originally broke off, bring it with you to help with color matching. If you don’t, take some color samples so you can make your own comparisons at home. Be sure to inquire about enamel paint and the range of available colors.

With a little luck, your chipped sink or tub will be easy to fix. But if you find that the damage is too severe, or if you decide you’re ready for a change, call your licensed, local plumbers to learn more about your options for replacement.



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My Starbucks Philippines’ Coffee College Experience

How Not Setting Goals Allowed Us to Buy 157 Units in 2015 and 123 Units in 2016

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Overall, the system-based model is something you should focus on. Systems are much more effective than just having arbitrary goals to aim for.

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Tuesday, July 18, 2017

80 Smart Questions to Ask BEFORE Hiring Your Next Property Management Company

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Heard horror stories about bad property management? It doesn't have to be that way. Know what you're getting with this comprehensive list of questions!

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4 Reasons to Never Dismiss the People You Come Across in Your Real Estate Business

makemore

As investors, it’s vitally important that we don’t dismiss other people. This is a bad habit that can slowly work its way in—and can sabotage your career.

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Top Must Visit Destinations for International Relations Students

Best California Road Trips

Redefining Vacations: South Africa

3 Important Points to Remember When Considering a Potential Real Estate Crash

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There's talk about a potential market crash, but what's true? I've done research on the topic and talked to many other investors and even an economist.

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Monday, July 17, 2017

7 Achievable Steps to Reach 7-Figure Retirement Savings

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Want to retire a millionaire? Here are 7 steps to create a million-dollar nest egg, without any finance jargon, 6-figure income or lottery ticket required.

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When’s the Right Time to Approach Potential Home Sellers?

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One of the biggest challenges for real estate investors today is finding deals. So, when it the best time to connect with potential home sellers?

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Why America is a Great Country to Relocate To

Must-Do Things in Manila

To Infinity and Beyond: The Timeless Beauty of the Louvre Museum Art Galleries

RCBC launches its new logo, new tagline “We Believe in You”

5 Highly Actionable Steps to Make REAL Progress Towards Your Investing Goals

actionable-steps-newbies

When you're starting out in real estate investing, all of the information and options can seem overwhelming. If you want a roadmap for success, here it is!

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Sunday, July 16, 2017

Hotel Review: Waterfront Airport Hotel and Casino Mactan

What Does an Ideal Mobile Home Investment Look Like?

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This article breaks down of some of the various mobile home investment criteria to see which are most important for you as an active mobile home investor.

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Ultimate List of the Best Hotels in Madrid

Sorry, Newbies, But Any Real Estate Strategy Requires Significant Money: Here’s Why

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One thing is for certain and that is this: If you want to play, you have to pay. And unless you have the money, forget about anything that I’m about to say. Go out there and hustle. Work two jobs if you have to and save $50,000. Then consider getting started in real estate. Until [...]

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Saturday, July 15, 2017

The 3 Dumbest Mistakes Buy & Hold Real Estate Investors Make

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There is no doubt that even the professional long-term real estate investors are prone to the occasional slip up, so don’t feel down if you make some mistakes. After all, it is all a part of the learning process. However, do keep in mind that it is definitely an error if you consistently repeat these [...]

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4 Risks & Drawbacks to USDA Home Loans

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The USDA loan includes a lot of great features than can help you get into a home with almost nothing out of pocket. So why doesn’t everyone do a USDA loan?

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