09
Sep
By support
Around The Home

Growing Your Wealth: 3 Reasons Why Real Estate Is the Ultimate Long-Term Investment

Growing Your Wealth: 3 Reasons Why Real Estate Is the Ultimate Long-Term InvestmentWhile many people may be hesitant to consider real estate as a viable long-term investment, owning property has a steady historical track record and isn’t as volatile as other investment markets can be.

Any investor who hasn’t seriously considered it as an option should take a closer look at the benefits of owning real estate and why it is the ultimate long-term investment strategy.

It Becomes A Consistent Source Of Income

Investing in rental property has the added benefit of being able to show regular returns in the form of rental income. Unlike other long-term investments that require a level of patience in order to profit, real estate can provide a large sum return in the future while still providing financial benefits on a monthly basis.

An Investment That Anybody Can Participate In

Many forms of investment require a level of skill or familiarity in order for first timers to jump straight into it with any level of confidence. Real estate is one investment that anybody can enjoy, thanks in part to the insight that can be gained from family and friends who have gone through the same process.

The level of knowledge that’s required to invest can be gained with some simple investigating to learn more about local areas that have increased in value and the kinds of homes that are popular. A real estate professional can take that information and add to it, providing invaluable expertise to the process.

Consider It To Be A Guaranteed Retirement Plan

Saving for retirement has become harder to commit to as each year goes by. Money being left in a savings account or an easy to sell investment can be dipped into at any point, leaving very little when retirement starts to roll around.

Using property as a long-term retirement plan requires a level of commitment to the investment and upkeep to the property that guarantees there will be something tangible to bank on later in life.

While investing in real estate may seem simple, especially when compared to other investment markets, it’s still recommended to consult with a professional before making any decisions. A local real estate professional will have a level of knowledge about which areas will be the wisest to invest in depending on how long in the future you are looking to sell. If you are interested, contact a local mortgage professional in your area today for more information.

25
May
By support
Around The Home

4 Neglected Home Maintenance Tasks That Are a Must

4 Neglected Home Maintenance Tasks That Are a MustThere are a number of home maintenance tasks that are easy to forget about in favor of more obvious renovations, but forgetting to do some of them can end up costing you a lot down the road. If you’re hoping to keep your home in tip-top shape, here are a few tasks that you shouldn’t forget about.

Sealing Off Access Points

Small rodents and insects can wreak havoc on your home if they gain access, so ensure that you maintain the foundation of your home and seal off any areas where these pests might get inside. Check all the windows and doors, and survey the foundation of your home, making sure to patch up any areas where sealant or mortar has come loose.

Cleaning The Shingles

The reality of algae eating away at your roof shingles can be an unpleasant, expensive renovation, so clean your roof on a regular basis before any black streaks can take your shingles with them. Simply mix together hot water, bleach and detergent and spray this from your garden hose on a cooler day so you can save your roof from rot. This will also save you the cost of having to hire a professional

Maintaining Your Wood Deck

There are few things that will age your yard like a poorly maintained deck, so take the time to re-stain and seal your deck so it doesn’t quickly see the effects of time and weather. While harsh weather can have an ill effect on your deck’s appearance, properly maintaining it will mean you can avoid the high cost of replacement that will be required.

Keeping It Clutter Free

Many homeowners get pretty comfortable in their home, and this can often mean that many boxes of unused items get stored away. Instead of keeping old items though, do a clean out once every 6-12 months to get rid of the things you don’t use. By having a clean basement and garage, you’ll also have the ability to notice many other maintenance issues that might not be visible with all the extra stuff.

There are a number of maintenance tasks around the home that people often forget, but neglecting to complete them can often times cost a pretty penny down the road. Contact your local mortgage professional for more information.

20
May
By support
Around The Home

3 Ikea Hacks That Can Be Done in a Weekend’s Time

3 Ikea Hacks That Can Be Done in a Weekend's TimeWhether you’re moving into your first apartment or preparing to purchase a second home, Ikea is a favorite for those trying to economically fill up the extra space in their home. While Ikea may have plenty of inexpensive options that you might not think can be dressed up, there are actually a lot of simple pieces that you can add to for a stylish, DIY look that will take no time at all.

Cue The Cocktails

The popularity of the bar cart has seen a resurgence, but many of these decorative pieces can be quite pricey for the person who isn’t sure they want to commit to the cost. Instead of shelling out of for this overpriced piece, purchase the BYGEL utility cart from Ikea for less than $50 dollars and spray paint it in the color of your choice. While this will serve as a basic bar cart, it will easily look the part with some glasses, liquor bottles and an ice bucket.

Bring On The Board Games

With its four square legs and flattop, the LACK table is one of the plainest items in IKEA, but this inexpensive table can be fixed up as part of a fun activity with your kids. Once you’ve purchased your own brightly colored table, pick up some paint and using stencils paint the family’s favorite board game right onto its surface. Whether it happens to be backgammon, chess or Monopoly, this will add a lot of personality to the family room.

Create Your Own Sitting Table

The EXBY ALEX shelf is a relatively simple shelving unit that attaches to a wall for extra storage space, but it can also serve as a perfect starting point for an item that’s completely different. Instead of attaching this shelf to the wall, add a set of legs so the unit will serve as a cabinet without any need for wall mounting. While this will still serve as an understated piece, it can say a lot more about your room than the average wall cabinet.

Many people head to IKEA for the economical furniture options, but it’s also a great place for coming up with your own home DIY projects that are sure to make for a unique look. If you’re planning on purchasing a home contact your trusted local mortgage professional for more information.