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You can get a serious return on investment by putting your money into real estate. While this venture isn’t for everyone, it can be a rewarding route for the right investor. Consider the various facets of investing in real estate and determine if this is the right financial move for you.

Guide to Investing in Real Estate

Form a Plan and Get Your Capital

You need to set specific goals when it comes to your real estate investment. Do you want to buy units and become a landlord or are you more interested in buying and flipping houses? With specific goals, you’ll be better able to create a detailed business plan that sets you up for success.

Finding the right financing is a crucial piece of the puzzle. Real estate doesn’t require a huge sum of personal capital; there are many financing options to choose from. You can pursue traditional means; however, banks and financial institutions have tightened the reins on loan approvals, and you may need to pursue less conventional methods.

You can go through a hard money lending company. This route offers more flexibility than traditional loans; you can access the financing you need within a week’s time—as every seasoned real estate investor can attest, time is of the essence when it comes to lucrative opportunities. This is especially true in saturated areas where real estate opportunities come and go in the blink of an eye. Consider Southern California. Getting a great property in this area is akin to finding a needle in a haystack, so if you find one, you’ll need to jump on it quickly. Accessing funding from San Diego, Los Angeles, or Orange County hard money lenders in your chosen area could give you the competitive edge.

Whichever financing option you choose, The Balance’s Joshua Kennon recommends not putting the real estate in your own name. “Instead, for risk management reasons, consider holding real estate investments through special types of legal entities such as limited liability companies or limited partnerships,” he explains. That way, you’re protected if the investment goes belly up or someone slips and breaks a bone on of your properties and decides to sue you. At the very least, you’ll recoup the money you invested.

Shop Around

Shopping around is a true necessity when it comes to being happy and successful in real estate. Shopping for your first real estate investment is exciting, but you can’t let your enthusiasm get the best of you. In other words, don’t buy the first place you see! Get the opinions of those who have been in real estate for years. They might shed some light on a property that you haven’t yet considered. You might even consider joining a real estate group, as you’ll learn about the industry and may get inside scoop on upcoming properties for sale.

Did We Mention Location?

As the saying goes, real estate is all about location, location, location. In fact, many will tell you that it’s best to buy a mediocre property in a good neighborhood than a great property in a bad neighborhood. The other benefit to a great location is that it usually means it receives a lot of foot traffic—if your tenants do decide to move out, the most you’ll likely need to do to rent it again is stick a sign in the window. Easy peasy!

Get Your Ducks in a Row

Okay, you’ve now got your first real estate property. Hopefully you realize that all the maintenance and other issues fall to you! If you’re a DIYer who watches HGTV 24/7, this could very well be why you got into this type of investing. However, if home improvement, gardening, landscaping, and the like aren’t your bag, you need to find the means for outsourcing these tasks. And if you’re not located close to the property you just purchased, you need to assign someone to be on call if and when the tenant(s) have issues.

Real estate investing isn’t something to take lightly, but it’s also not something you need to shy away from if you haven’t done so in the past. Take a class, consult with other, more experienced real estate professionals around you, and generally immerse yourself in the field. You’ll be an expert in no time!

If you are looking for a new investment opportunity, consider investing in a rental property. Typically, a rental property appreciates in value over time and provides you with a steady source of income—ideal for anyone looking to retire from their standard Monday to Friday career.

Guide to Being a Landlord

Of course, becoming a landlord is not exactly easy and requires a great deal of work and a lot of time. Consider the facets of this career before taking the plunge into the world of real estate.

Being a Landlord is Seriously Hard Work

If you’re looking for something that requires very little effort, becoming a landlord may not be the right avenue. You are responsible for anything andeverything that happens to and within your rental property.

Having great tenants and money come in every month is great, but it probably won’t happen steadily for a little while, so you need to have a good amount of funds set aside at the beginning. You’ll need to account for mortgage payments, home insurance and property taxes, as well as any third-party assistance you may require. There are also maintenance costs such as repairs, garbage collection, gardening, and plumbing costs. Don’t forget to consider the cost of vacancy and turnover; when someone moves out, you have to do a total overhaul of the unit, meaning you’ll be missing out on rent until you fill the space with a new tenant.

Start Out Small

You might think that your business plan is bulletproof (and you better have a business plan, by the way!), but choosing an entire apartment complex as your very first venture into being a landlord is not a wise move.It’s almost always better to start small, maybe with a single-unit home, and gather additional properties as you progress.

Be Selective with Location

One of the biggest mistakes you can make: investing in a rental property from out-of-state, never having actually experienced the neighborhood or seen the building. Unless you want to get stuck owning something that isn’t actually up-to-code or is located in a crime-ridden neighborhood, do thorough research into every area you’re considering.Alwaystake several trips to see the area and building in person.

Realize That You Don’t Know Everything—and Ask for Help!

You should always be willing to seek advice from other professionals, like realtors, lawyers and property management companies. Oftentimes, rental property owners will hire property managers to help them deal with the day-to-day details, such as maintenance requests and rent, so do not be afraid to seek some professional help when needed.

Think About Your Tenants

The quality of your tenants plays a vital role in success. Finding good people to rent your units (and keeping them) is one of the most important things you can do to ensure a profitable real estate investment.It’s crucial that you pay attention to what is expected from modern rental units. For instance, if you’re asking for peak rental prices, but still have outdated carpets in the unit, good luck finding a tenant to sign your lease. Once you’ve attracted a cache of prospective tenants, do your due diligence in screening. Use a company like MySmartMove to run a detailed renter credit check for landlords to ensure your prospective tenant can keep up with rent payments and stick to their commitments.

After placing a high-quality tenant, do all that you can to retain them. In the end, a lot can be said about common courtesy and attentiveness. A tenant is much more willing to put up with outdated fixtures if you are kind and understanding when they need a little leeway and always responsive to maintenance requests. Dealing with a vacancy is costly, so never take your tenants’ happiness for granted.

Investing in real estate can be a lucrative move. If you’re considering a career change and want to try your hand at the landlord game, keep these essential tips in mind as you get started.

Plants can not only make your room bright, it can boost up your mood too, help you to relax and it also can clean indoor air too. There are various toxic chemicals present in our homes and to get rid of the toxic air, it’s not very easy to do so. Though, there are various options available in the market, however to keep indoor plants is one of the easiest and cheapest options to get fresh air and also make your indoor space brighter.

Air Purifier Indoor Plants

Let’s have a look to the list of indoor plants for making the air fresh and clean:

Peace Lily

peace lily

Image by Pixabay

Among other houseplants, peace lily is comparatively smaller in size but contains some vital air purifying abilities. This plant is very easy to take care of, but make sure you are placing them under a shade & don’t let the soil get over heated. Try to keep them moist always. Though it can provide some flowers during summer, however like other flowers, these flowers also supply some scent as well as pollen too.

Palms

indoor palms

Image by Wikimedia

The palm, also quite popularly known as Palmae or even Arecaceae is well known name as an air purifying plant. It takes very little effort to grow it indoors and can easily enhance your mood in a grey environment. Palm has the ability to expel chemicals like carbon monoxide, benzene & formaldehyde. By placing this plant in your home, you can effectively get your air clean, especially if you have family members with a smoking habit.

Golden Pothos

Golden Pothos

Image by Flickr

For a new indoor gardener, this plant is a perfect choice. It doesn’t need much caring, it can easily digest every kind of negligence but on the other hand help you to purify your indoor air and improve its quality. Sometimes people buy philodendrons as Golden Pothos, which is also a same kind of house plant.

English Ivy

Image by Pixabay

This outdoor plant has a strong ability to harm the outside of your house as well as damage the gutter. However surprisingly the moment you place them inside your house it turns into an air purifier. Because of its climbing feature you can use this plant to add some extra touches to your indoor living space. Part shade and part sun light is English Ivy’s characteristic. During winter infrequent watering will help it to stay healthy. According to NASA, English Ivy is one of the best houseplants which can purify your indoor air quality.

Aloe Plant

Aloe plant

image by publicdomainpictures

We all know about the healing properties of aloe. When you apply it on burn, cuts etc., it will give you some soothing effect. Nevertheless it can also have a positive influence on the air quality of your home too. It’s able to remove harmful chemicals from air and give you a fresh purified air. Make sure you put the plant under sun light, which is the best option for its healthy growth.

Ferns

Indoor Fern

Image by Wikimedia

Fern has a reputation of being a very common type of plant. However people have no idea that this extraordinary plant has been surviving since the prehistoric period. Their feathery, smooth soft leaves are something people really love to have in their homes. On the otherhand fern is able to remove toxic chemicals like xylene (which are common in glues, nail polishes and in paints) as well as toluene from air.

Philodendrons

Philodendrons

Image by Flickr

From a long time this plant has been quite famous as an indoor garden plant. It has two varieties, vining and non-climbing. Except under extreme sun, you can grow it anywhere in your home. Along with air purifying quality, their extraordinary color is able to put some extra touches to your room. They are extremely capable of removing xylene from air. To keep them healthy you need to store the moisture in the soil, however don’t make it completely wet or even fully dry.

Electric work requires utmost care and knowledge. You can’t just hire any electric contractor out there and feel safe. To help you out in this scenario, we have brought our top 8 tips to hire an expert electrical contractor in Sydney.

How to Choose Electrical Contractor

1. Understand What You Need

Knowing your needs exactly can help you find the best electrical contractor. Are you simply finding someone for lighting control system, or do you need a professional firm offering a range of electrical services? For a one time job, you can hire anyone in your locality, however, if you need corporate solutions, preventive maintenance and energy management services, you definitely need a professional electrical company.

2. Do Your Research

Ask your friends and family about the best electrical contractor in your area. Moreover, find contractors online and read user reviews. Also, check review sites like Yelp, Trustpilot etc, and read user’s feedback on electrical services in your city. Such sources will help you in narrowing to three to four contractors. It is also wise to give preference to local contractors, including plumbers and builders, as they will be easily available for work at cheaper rates.

3. Ask as Many Questions as You Like

A professional electrical contractor would be happy to answer any questions you may have. Ask the electrical contractors you have narrowed down to provide you quotes and compare their prices. Then ask them about their speed of work, the number of workers they will allocate to your work, the estimated deadline for the completion of work and so on.

4. Do Not Hire on Price Alone

An electrical contractor may offer you competitive rates, but that may not guarantee their professionalism and high-quality work. A reputable electric contractor can be costly, but you can trust their high-standards. The price does matter, but not on the cost of low-quality electric work.

5. Check Their References

Ask the electrical contractor for previous work references. Contact the references and ask them about the work quality, meeting deadlines and reliability. This gives you a good idea what you should expect from the contractor you are going to hire.

6. Find out if They are Licensed, Bonded and Insured

It is important to find out that your electric contractor is properly licensed, bonded and insured. This will protect you against any damages incurred in the project. Furthermore, it would ensure that the electricians who work on your project are skilled and experienced.

7. Choose the Deadline Wisely

Discuss the target completion date with your contractor and come to a compromise. Both parties should be flexible and easy going during this discussion to avoid any unnecessary conflict later on.

8. Get Everything in Writing

The terms and conditions of the electric project should be put on paper before the start of the project. This will protect the rights of both parties. The contract must include the nature of the project, the completion date, the estimated cost for the project and signatures of both parties. Keep the proposal safe, it will be required for reference during the project. In case, the firm breaches any term of the contract, you can sue them.

It would be nice if there was a technology that could sense when you were falling asleep while you’re driving and woke you up before anything happened. Our friends at www.reedmantollnissanofdrexelhill.com — based out of Drexel Hill, PA — think so. Throughout the years, several companies have sold devices that can help a driver stay awake while operating a vehicle.

There have been devices that the driver wears to sound an alarm when their head droops down. The devices usually fit behind the driver’s ear like a hearing aid. The issue is that few people like to wear them as they feel they aren’t super tired.

Falling Asleep While Driving

There are many apps designed to keep drowsy drivers awake. Some of the names are AntiDrowse, DriverAlarm, StayAwakePro, StayAwakeWhileDriving, CoffeeWake, and DriveAwake. The apps work in a number of ways, in any from a timer to GPS recognition but all exist to keep drivers awake.

Harken’s Promise

There is a company has a solution to the problem that shows promise: Harken. Harken is a technology consortium that has created a number of super innovative technologies. In particular, they’ve been working on a sleep monitoring unit that makes use of “smart textiles” (textiles with conductive properties) and a computer that monitors a vehicle operator’s breathing and heart rates. If it appears that the driver is nodding off, a wake up alarm goes off.

How accurate is the Harken technology? “The rhythm of heart beats, specifically heart rate and heart rate variability, are good indicators of concentration and wakefulness,” states a Harken researcher. Basically, by measuring these kinds of parameters, Harken engineers developed an algorithm that senses when a driver is getting drowsy. Press releases from Harkin say that the system has been tested on a small-scale with excellent results and is moving into real world testing.

If this technology works as well as it is expected to, then Harkin would likely license it to automobile manufacturers all around the world. Assuming that the costs are reasonable, it would be surprising if any car maker wouldn’t show interest. A device like this is a safety feature that is as effective as any other and would be a great selling point.

Although the above-named technology features could be useful, there are other, old-fashioned methods of staying awake. These may include chewing gum or hard candy, or putting on the radio.

Some Statistics

To finish things off, we will list some statistics: According to a recent National Sleep Foundation in America poll, 61% of adult drivers – about 168 million of them – say that they’ve driven their car when they were extremely tired. In fact, 36% – around 103 million people – say this happens more than once per month. The National Highway Traffic Safety Administration (NHTSA) estimates that 105,000 reported accidents are the result of driver fatigue each year. This results in an estimated $12.7 billion in monetary losses, 71,200 injuries and 1,555 deaths.We all hope this is changed through the new staying-awake technologies!

If you have ever developed a stutter when it is time for you to give a speech, double-faulted on match point, or managed to humiliate yourself on the very first date with that special someone, you know how it feels for your body to sabotage you during moments that are already at high voltage. There are ways that you can stay cool inside and out.

Stay Cool Under Pressure

Let’s take a closer look.

The Right Clothes

Here in the States, when summer is in full swing, it might feel like someone has cranked the temps in the sauna to unreal heights. However, you can still look great if you have the right clothing. Check out MizzenAndMain.com for examples clothes that can go from the office to the bar. When you need to look cool under pressure, they have the clothes you need to get it done. Their dress shirts are made from performance materials that are more comfortable than cotton. This material wicks moisture away from your skin so you can appear to be calm, cool, and collected even when you are far from it. The best part is that these shirts are easy to care for. Just toss them in the washer when they get dirty. Because the material is resistant to wrinkles, you won’t have to iron them.

Walk it Off

If you are in a situation where you are feeling uninspired, stuck, confused, or overwhelmed, go outside for a bit to clear your head. Take a walk in nature where you will be surrounded by shades of blue and green, which are calming colors. Find a view that is panoramic and just gaze off into the distance. Walk while taking deep breaths. Try to clear your mind of everything but what you see and you will be able to come back with a new perspective.

Channel the Anxiety

There was a study that found, people can benefit from worrying when they are in situations that require anticipating threats, self-discipline, and caution. It is interesting to note that this finding only applied to those people who have a high cognitive ability. The researchers thought that their ability to reason could possibly act as a sort of intermediary between the emotional impulse and the situation. In other words, if you have an innate ability or expertise in a specific scenario, you can channel any anxiety you feel into constructive reasoning so that you will be better able to ward off that feeling of helpless panic.

Breathe

If you find yourself in a situation in which you are upset or angry with someone, before you can say or do something that you might regret later, take a few deep breaths and count backwards from ten. Most of the time, before you get to one, you will have found a better way to address the issue at hand so you’ll be able to reduce the problem as opposed to escalating it. If there comes a time when you are still upset once you reach one, try to take a time out and then revisit the problem once you have had the opportunity to regain your cool.

Cool Off

When you are feeling anxious and nervous, it can help to splash your face with cold water. This triggers a mammalian diving reflex that can immediately slow down your heart rate. It can also help to take deep breaths and get some fresh air. You might also want to avoid beverages with caffeine because they can stimulate your nerves.

Exercise

When you are feeling discouraged, depressed, or fearful, you might want to give aerobic exercise a try. These exercises can give you more energy. How we use our bodies can influence how we feel. There is a saying that your emotion is dictated by your motion. When you truly experience how full of life your body is, the confidence you have in yourself will grow.

By following the tips here and clothing yourself in items that make you appear to be cool, you will always seem to be calm, cool, and collected. Learning the skills and tricks to stay calm and collected take time and practice so why not get started?

Image by Pixabay

Bringing a bit of nature inside your home can do wonders for not only your interior décor but for your health as well. Yes, the most obvious benefit of bringing the green in your living room and bedrooms is more oxygen, as these green natural filters will suck CO2, making your home’s atmosphere refreshing.

House Interior With Flowers

There is much more that different flowers and plants can offer. Flowers for Everyone has explored a few options for your house, let’s take a look at them:

Soothing and Calming Effect

Plants and flowers like Basil and Lavender have a soothing effect thanks to their sedative aroma. These plants contain linalool, the magical compound that not only enhances the taste of dishes, but its aroma also soothes the tiring nerves. Jasmine also contains the same compound, so the magical trio of Basil, Lavender and Jasmine can be a colorful accessory in your living room.

Other beautiful options can be African Violets; they can stimulate adrenaline release and improve oxygen flow to brain, thus relaxing and soothing the onlooker. Or you can go with the legendary Chrysanthemum; the dual colored flowery plant is not only pleasing to look at, but also a great air purifier, as it can filter out benzene from the air. It needs to be kept in direct sunlight, so placing it near windows is the best way to go.

African violet

Image by Wikimedia

Feeling Love

Roses, the ultimate expression of love, can lift the spirits and mood. Though the scientific evidence to support its kinship in romance might not be available, it is a pure delight to look at and its aroma is divine. Since this beauty comes with thrones, we recommend placing it higher, out of reach of children, preferably in hanging pot.

If you are not completely sold on roses, then Geraniums can be a nice alternative. They lack the dreaded thrones, have a relatively sublime aroma that is similar to roses and are bright red like their thorny counterpart.

Air Purifiers

That’s where some plants outshine others, namely Orchids and Peace lilies. These magenta beauties purify the air, get rid of moisture and improveair quality. To feel refreshed you have to breath fresh. You will also notice that you are much calmer, focused and stress free with these hanging in your bedroom.
There are others that can also make the cut for ultimate air purifiers like Spider plant and Dracaena, but none are a charm to look at, except green.

If you want the absolute best in air purifiers, then look no further than NASA-Approved Boston fern. This tiny marvel is not too shabby in looks despite lacking ornamental flowers, but can purify your home’s air of 1900 toxins in an hour alone. Plus, it’s totally safe for your cat.

All of the mentioned plants come with inherent air purifying trait, some are pleasing to the eye and add the enthronement with their unique aroma, while others are strictly practical. You can mix and match for a unique look that flows well with your interior.