Major Mistakes that First-Time Homebuyers Should Avoid
Choosing, viewing, and purchasing a house for the first time is certainly a challenging process for a lot of people. That being said, being well prepared for this process will undoubtedly help first-time buyers in avoiding serious mistakes that might cost them their...
New Technologies Hotels Should Invest in During 2021
Across various sectors, the COVID-19 pandemic has accelerated trends toward technology and digitalization that had already begun years before. The hospitality industry is certainly no exception. Hotels have found that the pandemic’s turmoil has created a perfect...
Mistakes to Avoid in Managing a Rental Property
Buying and managing a rental property needs thorough scrutiny and requires diligence to avoid mistakes. Knowing the mistakes helps you avoid them and guides you throughout the buying process to avoid getting a raw deal. This article will discuss some mistakes which,...
The Best Smart Home Devices to Incorporate Into Your Next Renovation Project
For years, starting a home renovation meant that you were putting value into your home in the form of additional rooms or upgrading it in terms of cosmetics. Today, however, value is still the end-goal for many homeowners, but the manner in which that value is reached...
4 Tips on How to Adapt Your Real Estate Marketing
When marketing efforts aren't producing the results you had hoped, it's time to change strategies. Real estate marketing is a notoriously tough and unique subject to manage. So many seem to do it wrong, and most of us have no clue where to begin when it comes to...
How Commercial Real Estate Will Fare After COVID-19
Marketable homeowners and lenders are experiencing tenderness following many months of high openings in office buildings, restaurants, hotels, and other commercial assets. This has resulted in a massive demand for credit payment break. As the government incentive...
How Has Covid-19 Impacted House Flippers?
House flipping is a means of income whereby an asset is purchased, such as a home or apartment. Improvements are then made on the property in order to generate a profit upon resale. When flipping houses, there is a rule of thumb when it comes to getting a sufficient Return on Investment (ROI). The whole flipping process must be worth your time, money, and effort. Normally, the 70% rule is the metric used by industry professionals, and it states that the maximum amount to pay for an initial fix-and-flip property should be no higher than 70% of the price you determine for resale, also known as the After Repair Value (ARV). This is the point at which you stand to make a profit. Obviously, paying less than 70% is preferable, but this is a maximum cutoff point.
Cost-Saving Tips for the Yard
We often take a look inside our houses to find ways to save money, but the things that cost us may actually be outside the door in our yards. These little expenses can add up, costing you more in the long run. When taking a look at the problems to address, you’ll...
Kindness and Business
"We rise by lifting others." - Robert Ingersoll The modern television businessman is not known for his kindness. Shows like Madmen, Suits, and Undercover Boss paint bosses to be uncaring, take-charge, and rude. That does not have to be the reality of the modern-day...
Tips For Overcoming Business Challenges
Any successful business owner will attest to the fact that challenges are inevitable. While some challenges pop up out of nowhere, others can be spotted coming and make it easier to plan for. From bad partnerships and stolen intellectual property to pandemics,...