Calculating Your Rental Property Budget

Getting started with owning rental properties needs a lot of considerations before diving in. Possessing these real estate investments is one of the best choices any investor can make. Thus, rental property is among the top investment options in the real estate industry. 

Along with deferred income and tax benefits, investing with a rental property can produce good returns all year round and is not affected by the market’s changes. However, most people are not sure how to get started when it comes to budgeting and managing a rental.

How To Uncover Future Potential Expenses: 

  • Ask local real estate managers: Many property managers would happily provide you with this kind of knowledge. They will help you not just because it’s their expertise, but also because of the likelihood that you might use them as your real estate managers one day. 
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Is a Smart Home Worth it?

Smart homes are becoming increasingly popular, as more people are willing to invest in automatic home appliances and systems to make their lives easier and their homes sustainable and more convenient. However, as one might assume, smart homes do come with a set of downsides along with the perks. So, before you introduce any changes, study our list of advantages and disadvantages of turning your home into a smart home first.

Advantages 

Great convenience

Automatic home appliances and systems can be programmed to fully meet all your specific needs. They also enable you to control and check on your home no matter where you are.  In a few simple clicks, you can turn on the heating or turn off the lighting whenever you want. This is why investing in these devices becomes one of the money moves buyers make after purchasing their first home.

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Top 5 Dorm Decorating Tips

Your first year at college is one of the most exciting times in your life! Whether you are moving into the dorms at a nearby campus or moving across the country to try a new city, it’s important that you try to make your new home fit you and your new adventure. Of course, we all know dorms can be pretty tiny, plus you most likely will be sharing the space with another classmate. To be able to make the most of the room while staying comfy and productive, follow some of these tips for dorm decorating.

Color Theme

Just like with any space in a traditional home, you will want to think of a color scheme for your dorm. This will help you pick bedding, lamps, desk furniture and more. If you want a more simple look you can go with more neutral colors. If you have a more outgoing style, maybe a brighter color is better for you to liven up the space, such as yellow or bright blue. Can’t pick just one or two colors? Patterns are always a fun way to bring more personality into the room and can bring in several cohesive colors at once.

The Right Work Space

As much fun as it is to focus on the social aspect college life brings, it’s also important to remember…you’re there to learn! To make that easier and more efficient, you want to make sure you have a nice, neat work space in the dorm. Most dorms will provide you with a desk so don’t worry about having to buy one. But keep in mind, you will have to go out and find a comfy chair and a good lighting set up if that is not provided. Remember, you might be having to work with the lights off if your roommate is sleeping but you still have work to do, so lighting is very important.

Wall Mirror

A must-have accessory for dorm living is a wall mirror! There are plenty of affordable versions at any retail store that you can easily hang up on your door or hide in your closet and just take it out when needed. Most dorms only have shorter mirrors and most likely will be used by multiple people, so it can be difficult to get ready and be on time. With a wall mirror you can have a better view of your whole outfit and not have to worry about others’ schedules.

Photo Wall

Even if you go to a college closer to home, it’s easy to get home sick when you first move out and have to adjust to a new environment, all while meeting tons of new people and keeping up with coursework. A good way to bring some pieces of home with you and to remind you of the great support you have during stressful times is a photo wall. You can print out memorable moments with family and friends in different sizes or colors and hang them on one of your walls. This is also a much more affordable option when it comes to finding wall decor.

Hidden Storage

As mentioned before, dorms are small- no way getting around it. But there are so many options to make the most of small space and utilize hidden storage areas. The best option is always under your bed. There are different sized containers that are made to easily slide out from under the bed frame while keeping everything clean and organized. If your bed doesn’t allow for storage underneath, look to your closet and see if there’s anyway to reduce the amount of space your clothes use up, which will make room for more belongings.

Although you might not realize it now, that small dorm will become your home away from home and oasis. So no matter how you choose to decorate, just make sure you feel comfortable and it will all come together.

Cooking at Home: Kid Friendly Recipes

Are you looking for ways to get your kids more involved in meal time? It can be hard to find recipes that are safe, easy to make and tasty for the whole family, but with these kid-friendly recipes, you and your children will be cooking up a storm in no time! Whether they are looking for a snack after school or want to make their own lunch while learning virtually, we’ve got you covered for all times of the day.

Breakfast

Oatmeal Cookie Smoothie

A healthy and easy snack for your kiddo to make is a smoothie. Of course, you can always switch up ingredients if your child likes a certain type of fruit or veggie, but another sweet treat is the oatmeal cookie smoothie. To have the family involved, go ahead and place all the ingredients on the table with the right measuring cups and then have your child scoop everything up and dump it in a blender. It’s safe to make and yummy to taste!

Ingredients: rolled oats, raisins, pumpkin pie spice, milk, vanilla yogurt, brown sugar

Snack Time

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Cleaning and Repairing Your Home Gutters

One of the biggest responsibilities of a homeowner is to look out for their property’s well-being. They should ensure that every corner of their property is well taken care of, including the landscape’s smaller details. This also includes looking out for what needs to be cleaned out, performing maintenance or checking if a repair is needed- like on your gutters!

It may seem to be the least meticulously attended part of the house, but it plays a vital role that prevents your home from experiencing interior and exterior damage. If you have given less attention to your home gutters in the past, this article may inspire you to change that.

We will cover the importance of your home gutters, including when is the right time to change the entire gutter system, or if a regular cleaning will do the trick.

Understanding the Role of a Home Gutter Better

When you ask any home maintenance experts, they will say that every part of your house structure is essential. All of them are crucial in their own way.

Your gutters play an important role in keeping your home from damages. If you are concerned with proper ventilation and roofing conditions, you should look into your gutters. 

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Best Ways to Make Your Home Appeal to Potential Buyers

When the time comes to sell your home, there’s a lot that needs to be done. Many people get too overwhelmed and scared by the whole process. However, trying to make your home more appealing to potential buyers isn’t as complicated as it sounds at first. Here are some suggestions that might help take the edge off.

Don’t be subjective

The number one rule when trying to make your home more appealing to potential buyers is to avoid being biased. Try to objectively view the situation and understand the market and what sells. Don’t let your personal taste interfere with what the potential buyers will see.

A great way to do this is to ask someone who’s been in the business for a while. Taking advice from your real estate agent or broker is a good route to take. And there are surely some ways that you can let your own style shine through without it being overpowering. Balance is key.

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Realty Executives Southern Living Partners with Luxury Home Developer

Realty Executives Southern Living, of Sevierville, TN, is excited to announce their partnership with luxury home developer, Pigs Fly. This partnership will allow the brokerage access to multi-million-dollar listings in the exclusive mountain neighborhood, The Summit Resort.

The Summit, 565 acres and up to 3000 feet in elevation, offers panoramic views of The Great Smoky Mountains, no state income tax, underground utilities, fire protection, direct developer-to-consumer pricing, paved roads and an average of 1.97 acres per home site. Accessible but private, The Summit is an oasis to second homeowners or retirees looking to escape the city. Home developer Shane Wood began building rustic, energy-efficient homes in The Summit in 2009 and has built 13 to date. In 2019, Wood partnered with former contractor David Runyan, who had started Pigs Fly in February of 2018. Together they own 11 properties throughout the Summit.

Wood and Runyan began their friendship after Runyan, originally from Florida, had bought his first home in The Summit. From there, Runyan purchased another property and saw an opportunity to expand the relationship into a business partnership.

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Creating A Movie Night Right at Home

Are you missing going to the movie theater? During a time when most of us are trying to stay home, you may be missing out on your favorite past times! You may not be able to go grab snacks and sit down in the theaters, but you can make your favorite snacks and binge classic films right in the comfort of your own home. Here’s some ways to make a backyard cinema you can enjoy with the whole family.

Large Backdrop

The first step to creating a great movie night is having the right place to watch your makeshift “big screen”. If you have a shed in your yard that may be the best backdrop since most do not have windows on the side walls. No shed? No worries! You can always use the backside of your own home. Just make sure there are no windows that could ruin the image of the movie due to lights turning on and off in the home or from the reflection.

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Creating Your At Home Gym

With COVID-19 shutting down workout facilities around the country, you may be looking for ways to work on your health and fitness inside the safety of your own home. Check out these five tips below to create the perfect gym for you that will make sure you won’t slow down on your goals- open gym or not!

Decide on the Essentials

The first part of creating the perfect at home gym is finding the right equipment. Most of us won’t have the equipment just lying around since you are used to it being provided by your gym, but you only need a few things to make the most of your workout. A floor mat, resistance bands, dumbbells and a jump rope are a great place to start. The floor mat can be used for several different workouts, core strengthening, yoga and more, depending on what you like. Resistance bands or dumbbells can be used for lower and upper body weightlifting. A jump rope is a challenging but fun way to get cardio in.

Of course, if you are just starting our fitness journey and are wanting to start a little easier, don’t be afraid to just use your body weight! This is still an effective way to get yourself moving and stay active without the need for different equipment.

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7 Ways Today’s Top Real Estate Pros Wow Clients

The real estate industry is undergoing rapid change like never before. The pandemic has significantly reshaped how agents, third-party providers and clients transact. Clearly, the need for digital real estate tools has quickly escalated from a “nice to have” to a critical “must-have.” 

From the West Coast to the East Coast, agents and brokers are reporting more buyers looking to flee the cities and move to the suburbs. But with inventory as tight as ever, multiple bids are increasing while days on market linger in the single digits. 

Today’s buyers and sellers don’t only expect a frictionless, digital transaction experience — they demand it. With nearly every product and service available digitally on demand, consumers are used to clicking to transact, from reserving travel and buying a car to ordering coffee.

Recently, we polled top agents and brokers nationwide and asked them how they’re delivering that ultimate customer experience in today’s fast-changing environment. Here are their top tips:

1. Expedite the Offer

In California, Daryl Rogers, President of Better Homes and Gardens Real Estate | Reliance Partners, Roseville, CA, finds well-priced, quality homes are listing for an average four days on market. 

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