Category: Real Estate
ContentRally is a leading source of reliable news and trending topics on Real Estate. Get hard-to-find insights and advice on Real Estate from industry-specific leaders.
What to Know When Relocating to Ontario
Ontario Is a one of a kind province that many fall in love with the moment they arrive. You won't want to look away from the gorgeous Toronto beaches to the beautiful Niagara Falls, as this province gets the most out of every season. Whether you're moving from outside of the country or a Canadian looking for a fresh start, these are some of the most important things to know when relocating to Ontario. Not Every City is As Expensive as Toronto The struggle between Vancouver and Toronto over the most expensive city in Canada has been going on for over twenty years. Because of this, when many people think of Ontario, their mind goes to Toronto before anything else, to the point that many non-Canadians falsely assume this city is the nation's capital! Thankfully, not all of Ontario is as expensive as real estate in Toronto. Although you can still find pockets of sites like Ottawa that are pricey, most are affordable and easy to make work for your needs. Of course, if you want to move to Toronto, even if you're on a tight budget, you can make it work by finding enough roommates! Find a Job Before You Move Out It’s a good idea to land a job before moving to Ontario. Although the job market is hot in most of its cities, there are jobs in everything from communications to banking, to the arts. Landing a job before you move out allows you to avoid having to go through the struggles of finding work when you first arrive. Get to know the job market, consider your options, and try to find work before even planning your move. Consider Transportation Before Picking a Location A surprisingly large number of young Canadians don't own cars or want driver's licenses. Although this is shocking to many older generations, a lot of it is thanks to the public transit that many cities offer and the rideshare apps that allow people to easily get in transit without investing in a car. If you don't want to drive, or you want to limit your commute, consider this carefully when picking a place to live. Most large cities in Ontario have awesome public transit, but it's a good idea to map out your commute before settling on a home. Save Three Months of Expenses Save up before you move! Even if you have a job lined up, almost a third of workers quit their job within the first three months of working there, which may mean you end up in a business you don’t want to work in and have to change plans quickly. Having these savings will give you a safety net to fall back on. Ontario is a Fantastic Province With A Lot to Offer Anyone Home to the capital of Canada and also the most diverse city on Earth, Ontario is built to surprise and delight anyone who considers moving here. Of course, some areas are expensive, but there's so much to do and see here and countless jobs to grab that Ontario can feel like a paradise compared to any other province. Read Also: Is Real Estate Investment Trusts A Good Career Path? REITs Pros And Cons 4 Benefits Of Taking North Carolina Real Estate License Classes Online! Here Are a Few Reasons Why You Should Use Real Estate Farming Postcards to Increase Visibility of Your Business The Best Areas Of Palm Springs Real Estate To Find A Luxury Condo
READ MOREDetailsTop 10 Household Items That Are Commonly Damaged During Moving
Moving or shifting to a new house is a lot of work. You have to ensure whether each and every item is being moved or not. Whether all those delicate and fragile items are safely moved or any of them got damaged or not. There are a lot of household items that can get damaged during shifting and moving. You have to give special attention to those items. Otherwise, you will end up getting all broken or damaged items. Top Household Items That Are Commonly Damaged During Moving Here is the list of those household items that commonly get damaged during moving tasks. Knowing about these items will help you take special care of them and decide on how you are going to move them safely. One of the ways is opting for the house moving company in London for the packing(with right material) and moving task. 1. Artworks Artworks are indeed expensive, and we also understand how precious they are to you. Artwork is fragile, and if not cared for properly, it can get damaged while transporting or moving. So, ensure you have wrapped them properly. 2. Lampshades Lampshades are something that we often deny to pack properly or even pack due to their shape. But never make a mistake; you might get a broken, twisted or damaged lampshade. When moving items, you have to be extra cautious about your favorite lamp. 3. Refrigerators And Freezers Refrigerators and freezers have some inside parts that are fragile. When you are moving them, ensure you have already removed the crisper, vegetable trays, ice trays, and other parts that are portable. This way, you will be able to ensure less or simply no damages. 4. Furniture Furniture is one of the items for which you encounter the most damage that is caused. Furniture not only gets damaged but also damages the other items. So, it is always advised to lock the cupboards before moving. 5. Electronics Electronic items like tv, sound systems, and other things also need to be moved really carefully. The slight damage to a single tiny part of the electronic items can damage the whole functionality of the piece and might cost you a lot on fixing that. 6. Plants Plates are very, very delicate. You can not pack beforehand. So, you have to ensure you are taking proper care of them when you are moving them. It will be best not to stick them into the moving truck and bring them with you. 7. Glassware Should we have to say anything about all these? If you do not pack them properly, you will get broken pieces of your favorite glassware. So, ensure you are wrapping them properly and packing them in cardboard in the proper way. 8. Washer And Dryer Just like refrigerators and freezers, you also need to take special care of your dryer and washer while moving. Ensure you have dismantled all the parts of your dishwasher before moving them. 9. Liquid Cleaning Supplies Liquid supplies are another danger. They not only get leaked or damaged, but they also damage and make other stuff dirty. So, ensure you have sealed them properly and packed them separately. 10. Wine And Liquor Bottles The last thing you will want while moving is all your wine and liquor collections have drained out. If you are not willing to pay this price, you have to ensure that the box of liquor is packed in a proper manner and also placed in the van at a safe place, be very careful while shifting them. Final Talks So, above are the names of the household items that can break while moving. Your back can also get damaged - however, it is not a household item, but it is more important than any earthly stuff. So, when you are moving and lifting heavy objects, make sure you are not straining your back too much. Along with taking safety precautions for your household items, also pay attention to your health and back as well. Read Also: 9 Home DIY Decorating Tips Do you have to sell your home to pay for care? What are Retirement Homes?
READ MOREDetailsKey Hacks To Make Your Relocation Easier!!!
Moving is such a daunting and complicated process. Not to mention but when you are moving then people will gaze at you with pity-filled eyes because all people tend to move at a certain age of their lives. The only way to make moving successful without losing your mind is by hiring movers and using key hacks. Hacks will not only make your move smoother but also make your life easier and more organized. Check out these hacks: Prepare a moving checklist To keep everything systematic and organized, it is essential to prepare a moving checklist or download one from iMoving.com before you start the moving process. It will allow you to sort out the entire stuff more quickly which will make the entire relocation easier and effective. This will reduce the chances of any confusion during the process and also it will reduce the stress while offering you peace of mind. Get rid of almost everything Of course, not everything but this is just the perfect time to get rid of the unused and unnecessary items. Just donate, sell or throw out items that you have not used since last year. The less the stuff you will have to pack and move, the easier and more organized the moving process will be. Be ruthless with your stuff like the coat which you think is cute but you have not worn in the last year then donate it now. Book your movers early Remember that you are not only the one who is relocating therefore if you want to pick the right movers for yourself then you should start the process of booking movers earlier. If you leave the job at the end moment then higher are the chances that you need to compromise and will not get the movers according to your needs. Also, they will not be interested to give you deals and discounts because you will have a lesser number of options to choose from. Have an “open first” box It allows you to put everything in a separate box that you need to stay there in your new home for the first night. You should take this box along with you in your car and ensure that it does not get lost during all the chaos of the moving process. Pack items like one or two pairs of clothing items, night suit, shampoo, soap, scissors, toilet paper, paper towel, mattress, and other items as per your requirement. Use these packing tips Packing is the most time-consuming part of the moving process. To do it effectively and efficiently in less duration, you need to use hacks that will save your time. Don’t empty your dresser drawers and secure them by wrapping plastic wrap directly. This is only a good option for the drawers which are not too heavy. Leave the clothes onto the hangers as it is and then wrap up them in large garbage bags for transportation safely. You can use several clothing items like linens, towels, and soft items to pack breakable items such as glasses, perfumes, and so on. These can provide cushioning for fragile items and keep these items completely safe and secure. To transport knives with safety, you should use a dishtowel. A dishtowel is great to securely wrap up knives. You should always use plastic wrap around the liquid things which can spill out to save these from pouring out. All of us have suitcases present at our homes. One can use these suitcases to pack several items to make transportation of items easier. You should pack heavy items such as boxes into it. Before you close boxes, make sure you take pictures of the box's contents. While in a shot, you won’t be able to capture all the items present in the box but it will give you a general idea of what is present inside the boxes. Don’t label the boxes on the top, you should label boxes at all the sides so that during loading and stacking up of boxes, movers can get to know about the contents and can handle the box with care. When buying cardboard boxes, it is recommended you buy small and sturdy boxes. If possible then you can also get them for free from local shops. If you use big boxes then it will become awkward for a person to lift and load them. For electronic items, use the original boxes for the packing. When dissembling the furniture items, you should keep the screws and bolts along with the furniture box. If you don’t pack them along with furniture pieces then you will find yourself in a problem later when you have to assemble these items. Wrapping it all up!!! Moving is a daunting process when you see items are spreading all around. Before you start take an inventory of items and then get to know how much moving supplies you will require to pack these. then use all the above life-saving hacks to make your move easier. Read Also: The Five Most Important Things to Know Before Moving Moving house? Here’s the ultimate checklist Great Tips for Picking the Right Moving Company How To Select The Right Packing Paper For Your Moving Needs
READ MOREDetailsHow To Deal With A Difficult Landlord
Landlords are a necessary part of renting. Unfortunately, a property that is otherwise perfect might come with a terrible landlord. In the ideal situation, your landlord will be someone you get along well with. But what happens when your landlord is difficult to work with? Fortunately, you can take steps to deal with this. To this end, we have put together a list of ways to deal with a difficult landlord to help you out. Check your lease agreement First things first: look over your lease agreement again. Is the issue you are concerned with covered in the lease? Then you know how to proceed. Of course, this could also work against you, if your landlord’s behavior is covered by the lease. Because of this, before you sign a lease agreement, it is very important to properly read through it. On the flip side, if your landlord’s behavior is directly contradicting the lease, you have a legal way to make them stop. Alternatively, if you can’t landlord’s willing to give you a good lease agreement, it might be time to start considering if you want to continue renting an apartment vs buying a house. Look through your lease agreement before doing anything else, to make sure there isn’t an easy solution to your problem. Research rental laws The first step you should take is informing yourself on how you can, legally, deal with a difficult landlord. This will depend on what your exact complaint is. As such, you will want to go to the Residential Tenancy Branch website and learn about your rights as a tenant. There are laws to help you against unreasonable landlords. For example, there is an established law about how much money they can as for a security deposit. There are also laws to protect your privacy, maintenance requests, and anti-discrimination. Related Resource: How Did COVID Change Landlord-Tenant Laws Pick your fights A tenant is required to ask their landlord about any repairs, from minor to major, before they take action. But, what if your landlord is unresponsive? Well, chances are, if they are already uninterested then asking for every minor repair to be handled will make them more uninterested. So, in this situation, you should only choose high-priority issues to fight over. Legally, a landlord is required to keep their property in livable condition, however, this might mean something different to you than your landlord. So if you have to choose what needs to be fixed, then prioritize fighting over the bigger problems. Alternatively, it might be better to avoid these issues entirely and start hunting for a new apartment. If your landlord is generally unresponsive, try to only argue about important issues when you can. Speak with the other tenants Speaking with the other tenants about your issues is generally a great idea. After all, a group of tenants can more easily deal with a difficult landlord. So, ask around. Are the rest of the tenants experiencing the same issues? Check if there’s a tenant’s association, and file a complaint through them as a group. Generally speaking, groups have more success getting results than individuals filing complaints. Be prepared to leave Unfortunately, in some cases, it might not be possible to deal with a difficult landlord. Or, dealing with them might not be worth it. In cases like this, you should be ready to move out on short notice. Of course, moving out on short notice isn’t something that’s easy to do, and it shouldn’t be done without a good reason. So, always go through every other option before deciding to do this. But, if this is the only solution, you should be prepared to leave your current apartment in a week or two. Moving out is a solution that should only be considered when there are no other options. Alt-tag: couple carrying moving boxes downstairs Document everything thoroughly If you have proof, then resolving your complaints tends to be much easier. Always make your requests in writing, and keep your landlord’s replies. Do this through email, letters, or texts. If your landlord then visits you in person, make a record of the date and things discussed. Keep copies of payment requests or any agreements whatsoever. If possible, take photo or video evidence with some sort of timestamp on it to help with proving your point. Be respectful No matter how difficult your landlord may be, do your best to stay respectful when interacting with them. After all, by being disrespectful, you are only giving them more reason to be unreasonable. Try to be calm in your communications, and try to work with your landlord. Maybe they will even decide to be nicer to you in the future. If this doesn’t help, it might be time to start planning a move. Experts from vanexpressnj.com note that you should always have your move planned in advance for situations like this. Never miss your payments An easy way to help you deal with a difficult landlord is to never miss your payments, and generally be a good tenant. Follow your lease thoroughly, make sure your payments are on time. Keep the apartment clean and don’t cause trouble for the other tenants. By doing this, you avoid giving your landlord anything to say against you when you file your complaint. Look for additional help If you’ve spoken to your landlord, sent a letter, and filed complaints, but nothing came out of it, then it’s time to search for additional solutions. When you have tried everything and you just can’t reach an agreement with your landlord, then you should consider filing an appeal at the Residential Tenancies Branch. The Residential Tenancies Branch (RTB for short) can mediate between you and your landlord in situations like these. An agreement reached through this is final, binding, and enforceable. Afterword Dealing with a difficult landlord isn’t easy. If they decide to be unreasonable, or unresponsive, there is almost nothing you can do to easily solve the issue. We hope you found this list of ways to deal with a difficult landlord helpful, and you luck in dealing with your issues. Read Also: How to Protect Your Property as a First Time Landlord? What To Look For When Renting A Property In St Albans: Checklist & Advice 5 Ways to Become a Profitable Landlord 6 Expert Tips for Finding The Right Home to Buy 6 Expert Tips for Finding The Right Home to Buy
READ MOREDetailsIs Real Estate Investment Trusts A Good Career Path In 2024?
"Is real estate investment trusts a good career path?" the answer to this question is absolute ‘Yes.’ This business is already attracting lots of beginner investors into the market because it consists of a high return on investment. REITs are actually companies that own finance-producing real estate across various sectors, and investors get huge benefits from this. However, there are a number of requirements to qualify as real estate investment trusts (REITs). The main purpose of this company is to help communities grow, revitalize, and thrive. This real estate investment trust is located in every state and is considered a crucial part of the United States economy. Now, discuss this in detail. What Is A Real Estate Investment Trust (REIT)? As already discussed above, a real estate investment trust or REIT is an investment property that funds income-generating real estate assets. This fund is managed by a firm of shareholders who invest funds in properties such as timberlands, hotels, shopping centers, hospitals, warehouses, apartment buildings, etc. A REIT is similar to an exchange-traded fund (ETF) or mutual fund. A mutual fund aggregates a number of securities or stocks into a single group. Then, rather than purchasing individual fund shares, investors can purchase shares of a mutual fund. In a similar way, investors can acquire shares or partial ownership in a real estate investment trust to reap the financial benefits of investing in multiple pieces of real estate or other securities simultaneously. An advantage of real estate investment trusts is that they offer good investment returns to the investors. This factor is attracting many to invest in this asset. Now, what do you think, Is real estate investment trusts a good career path? How Does A Company Qualify As A REIT? There are some requirements for a company to qualify for real estate investment trusts, and these requirements are listed below: You need to have at least a hundred shareholders. Fifty percent of the shares should not be held by five or fewer individuals. The company should be managed by trustees or a board of directors. Be an entity that is taxable as a corporation. The company must pay at least ninety percent of its taxable income as shareholder profits each year. Obtain a minimum of 75% of its gross income from rents, mortgage, or sales of real estate Lastly, invest at least 75% of its total assets in real estate. How Can You Invest In Real Estate Investment Trusts? An investor or a company must buy stocks just like public stock. The investors may buy shares in an exchange-traded fund or REIT mutual fund. On the other hand, there are many jobs available in real estate investment trust, and these include asset management, property management, development, and much more. Pros Of Real Estate Investment Trusts (REITs) - Is Real Estate Investment Trusts A Good Career Path? There are some pros and cons of REITs that you need to consider before choosing a real estate investment as a career path. Have a look at these below-described pros of real estate investment trusts: i). Performance: This is proven to perform well due to the appreciation of commercial properties. ii). Diversification: Investing in REIT is regarded as an investment portfolio where the securities and other stocks are down. iii). Dividends: Provides a stable income stream for investors. iv). Liquidity: You can easily buy and purchase shares in the market. v). Transparency: This investment trust is traded on vital stock exchanges that operate under the same rules. Cons Of Real Estate Investment Trusts (REITs) - Is Real Estate Investment Trusts A Good Career Path? Now, let’s know the major cons related to real estate investment trusts, and these are described below: i). Minimal Control: If you are investing in this firm, then be prepared because you cannot control operational decisions, such as plans and strategies. ii). Management Fees: You may be charged with high transactions and administrative fees. iii). Investment Risk: There are some factors that can affect your investment, and this includes tax laws, geography, debt, interest rates, and property valuation. iv). High Tax Payment: The dividends can be taxed the same as normal income, and this is the drawback of REIT. Here, you may have some clarity to your question, “Is real estate investment trusts a good career path”. V). Slow Growth: More than 90% of profits are given back to investors, and only ten percent are reinvented. What Are The Different Types Of REITs? There are actually five types of real estate investment trusts, and these are described below: 1. Mortgage REITs There is only ten percent of REIT investments are in the mortgage, and this is regarded to be very less risky. For diversifying your portfolio, you must consider this investment for your firm. 2. Office REITs The name of this investment trust itself signifies that these are investments in office buildings. Office real estate investment trusts get income from the rental income. However, there are some major factors, such as vacancy rates, employment rates, capital, etc., that you need to consider if you are interested in office rent. 3. Healthcare REITs Healthcare REITs are an excellent choice as in the US; healthcare costs are rising rapidly. This type of trust includes nursing homes, retirement homes, medical centers, hospitals, etc. Hence, it is directly involved in the development of the healthcare system. 4. Residential REITs Residential REITs include several kinds of rental properties like PGs, job holders, etc. However, before considering this know the economic growth, vacancy rate, job opportunities, and the population. 5. Retail REITs It is estimated that around twenty-four percent of the total REITs are owned by retail. Therefore, investing in these real estate investment trusts can be the best decision that you can consider in 2024. What Are The Best Paying Jobs In Real Estate Investment Trust? Now that you know the answer to “Is real estate investment trusts a good career path,” it is time for you to know about something important! Before you can figure out how many jobs are available in real estate investment trusts, you need to know which REIT jobs pay the best. Our research indicates that sales representatives, leasing agents, broker positions, fund managers, and a variety of other positions in real estate investment trusts (REITs) are the ones with the highest pay. The advantages will increase more when you own your own land ventures. Presently, we should talk about the top divisions that get the most significant pay in the land venture trusts. 1. Asset Manager The Asset Management department of REITs is in charge of monitoring the portfolio's financial and operational performance. They manage client assets in accordance with investment preferences and goals. Additionally, these managers create, manage, and organize client portfolios. It is quite possibly the most lucrative work, with compensations going from $70,000 to $1,000,000. They must keep an eye on the business's financial and operational success. They are also in charge of marketing, finding investors, and checking the returns. Asset management can be a lucrative career choice, particularly for students of investment banking, finance, and economics with strong performance. BlackRock was the largest asset management company in the world at the end of 2019, managing approximately 7043 trillion dollars in assets. Subsequently, this is actually a colossal sum! 2. Property Manager You might be surprised to learn that there are currently approximately 15,000 property managers employed in the United States, and this number is increasing. A property manager's duties include communicating with customers and negotiating the best prices for the sale or rental of property. They handle everything, from leasing to collections and property upkeep. The best part is that applicants need not meet any minimum requirements to apply for this position. This job pays anywhere from $55,000 to $65,000 per year, and one of the best things about it is how quickly it can grow. 3. Acquisitions Because they have to find and evaluate potential acquisition targets, working for this job profile requires a lot of analysis. There are many job opportunities in this sector, and the good news is that it pays well—about $80,000 per year. They must be adept at problem-solving and aware of new revenue-generating investment opportunities. This position is one of the best in the real estate investment trust industry. Securing divisions gives paying positions in land speculation trusts. However, this is a real estate industry position with a lot of finance. 4. Investor Relations All communication with REIT shareholders that faces the outside world is managed by this department of real estate investment management. A typical administration financial backer procures up to $150,000. This is huge, and it is regarded as the REIT's highest-paying job position. This is your opportunity to work in the finance and accounting division. The best thing about it is that it pays well and has good potential for growth. In addition, organizing and preparing for the annual meeting, which includes writing a proxy statement and an annual report for the business, is part of the job of investor relations. Presently, to land this position, you will need a college degree with a foundation in money or bookkeeping. 5. Real Estate Investor This is quite possibly the best work in the land venture trust industry in light of the fact that, notwithstanding the significant compensation, there are great possibilities of headway in this industry. Their primary function is to help people become financially independent by investing in real estate. Before investing and trading, this job requires extensive market research, which takes time. It will be mentally and physically demanding because you will be required to carry out a variety of tasks, such as inspecting, maintaining, flipping, purchasing, and restoring the properties. They can increase the value of their investments as a result of all of this. You really want a degree in bookkeeping, money, or business to turn into a genuine financial backer since you want to think of ways of improving ventures for you as well as your clients. A land financial backer procures somewhere in the range of $15,000 to $15,000 each year. Bottom Line: Real Estate Investment Trusts Is A Good Career Path You might have got the answer to your question, “Is real estate investment trusts a good career path”. Consider the pros, cons, and types of real estate investment trusts (REITs), and then you can decide whether it is good for your career path or not. However, according to the experts, REITs are considered a good career path! You May Also Like: Is Energy A Good Career Path Is Business Services A Good Career Path Is Other Consumer Services A Good Career Path
READ MOREDetailsWhy Are Lenders Moving Towards Automated Mortgage Processing?
Accelerating the loan application and approval procedure has always been the top aim for both applicants and lenders. Until lately, the only way to disburse loans was through manual processing. The rise of automation and sophisticated software solutions from vendors like BankPoint has ushered in a new era of tech-driven processes. Robotic Process Automation (RPA) and machine learning (ML) technologies assist fintech organizations in gathering client information and creating proposed conditions automatically and within a matter of seconds. So here’s a look at why lenders are moving towards automated loan processing: 1. Cut back on the cost of loan processing Lenders can save money by automating the mortgage loan process. They can reduce the number of employees needed to process loans. They also save time, money, and resources by not having to spend them on training because the system does the bulk of the work for them. Lenders don't have to pay for additional staff to provide 24-hour customer service to borrowers. It also works 24 hours a day, seven days a week, and does not ask for a raise or a bonus because of its amazing performance. 2. Detect fraudulent practice Loss origination systems (LOS) now allow lenders to understand borrower risk before disbursing funds. It makes use of sophisticated predictive analytics to determine which types of funding necessitate additional fraud investigation. Due to the ever-increasing number of fraudulent activities, RPA is essential for all lenders and customers. When compared to human beings, they act swiftly to stop hacking attempts and minimize damage. 3. Improve the reorientation of the mortgage process When it comes to lending, lenders are increasingly relying on cutting-edge tools like artificial intelligence and machine learning (AI). People can now easily capture and streamline mortgage procedures thanks to this new way of doing things. Analyze unstructured data Sync data with standard formats to facilitate file tracking Improve the mortgage systems to meet your company's needs. The process can be tracked using digital and robotic labor. 4. Brokers benefit from transparency and insights. When it comes to generating leads, real estate agents and mortgage businesses will want to have faith in the process. Mortgage processing automation provides such trust, creating motivation to accomplish more. It gives them a better understanding of how their mutual customers are treated. Furthermore, the brokers do not miss a beat when loans progress and close as expected. As a result, people can better forecast what they will receive as a return for their work. 5. Make it less likely that humans will make mistakes Manual loan processing is prone to error because of the variety of tasks involved. To fix them, you'll have to invest money and time. Even if you train to address this problem, it will always be there. With tools and solutions, you can: Get rid of mistakes. Make your lending portfolio more foolproof. Reduce borrower risks. With mortgage automation, your system can adhere to your standards and complete an error-free job quickly. Besides, the lender saves time and money by not having to constantly train and retrain the system. Final Thoughts As new mortgage industry demands emerge, you require a more robust solution that will keep you one step ahead of your competitors. A mortgage automation platform will help you close more loans, faster, and at a reduced cost. Capturing leads, engaging with them, finalizing loans, and other critical mortgage sector processes will no longer be labor-intensive and tiresome. Read Also: 4 Benefits Of Taking North Carolina Real Estate License Classes Online! Finding the Best Mortgage Lenders to Buy Your Dream House Federal Government and the Subprime Mortgage Crisis They Created
READ MOREDetailsWhy do modern people prefer Coliving to other housing options?
We have often been told that more of us will live in cities and that cities will be bigger. But what we have not seen is how this will happen. While there is a growing awareness among the public, politicians, developers, and architects about the need to improve living conditions in cities, little is being done. Coliving is still a new concept, but the fast-growing Coliving industry aims to redefine the way we live. Coliving offers shared living spaces, sharing kitchen facilities, sharing laundry, and cleaning services. The potential cost savings are significant, although the initial start-up costs are high. Living in smaller spaces is a cultural norm in the affluent West. But until recently, people in most developing countries had few options beyond informal settlements or slums. Now, thanks to urbanization, millions of people are leaving rural areas and moving into cities. Urbanization is speeding up in Asia, Africa, and Latin America, but the trend has been visible in developed countries, too. In 1960, 70 percent of the world lived in cities; by 2050, it will be 75 percent. Read this blog content about coliving from sharedeasy.club. History of coliving In the 1950s, we began to think of space as a commodity. At first, we thought of it as a commodity to be bought and sold, like a plot of land or a building. Then, we came to think of it as a utility, like electricity or water. Then, as the idea of sustainability grew, people began to think of space as a vital resource. Finally, in the 21st century, we came to think of space as a service. That is, a space is a service, like a utility, that provides shelter, privacy, and community. Co-living also falls under a relatively new concept of Housing as a service. It is disrupting the way we screen, monitor, and select housing. Co-living is seen as a promising potential from industry experts from different market leaders as the real estate developers, hospitality companies, and investment community. Big names in the retail- and automotive industry are adding co-living to their portfolios. Related Reads: Smaller Apartment Downsizing Hacks Coliving benefits SharedEasy launches its new spaces which is an innovation lab based in New York. Here are some main benefits of coliving: Co-living spaces are breaking free of traditional housing models. They provide living spaces with shared amenities, such as gyms, cafeterias, and common areas. Co-living spaces are often in buildings with 100 to 400 rooms. Co-living is not a new trend, but a new business model, with unprecedented demand. Co-living spaces offer more than just a place to sleep. They provide shared amenities like gyms and cafeterias. Co-living spaces are viewed as an alternative to conventional housing, either because of cost or lifestyle issues. Co-living spaces are growing in popularity. An increasing number of millennials are choosing these spaces over conventional homes. Urbanization brings with it many benefits. But rapid urbanization also brings with it many new problems. Often, people are priced out of the housing market. They are forced to live in informal settlements or slums. They lack adequate access to infrastructures such as water and sanitation. And because of the strain on city infrastructure, cities are left vulnerable during natural disasters. “Build it and they will come” is a noble sentiment. But it doesn’t work in practice. Related Reads: Property Investment Worths Coliving in practice Housing is a basic human right. For most of us, our housing is the biggest single expense we have every month. But building housing is expensive. Many cities are at or very near their historic peak population levels. The East Coast already has more housing than it can reasonably absorb, with the result being that half the population cannot reasonably afford a home. And California, which has experienced a spectacular population boom in recent decades, has a serious housing shortage. Insufficient housing is one reason why young people, especially, are leaving cities for the suburbs. By some estimates, 30% of young people between the ages of 18 and 34 live with their parents, compared to 7% of older people. Co-living is a response to this problem. It’s a way of living that takes advantage of the economies of scale in housing. Instead of people having to buy or rent their own house, they live together. In a normal house, people generally have private rooms, but in co-living arrangements, they share a bathroom and a kitchen. Co-living has many advantages. Now people can live near their best neighbors, and they can also share costs. And they do not have to be locked into a long-term contract with a landlord. But it also has some disadvantages. First, co-living is not for everybody. Some people want privacy. For these people, co-living is probably not a good idea. Second, the co-living companies need to manage a large number of people, and this requires a lot of staff. This is a considerable expense. But most importantly, co-living does not solve the fundamental problem. We need to build a lot more housing. Why is coliving preferred by millennials? Co-living, in this sense, is an evolution of what millennials have come to think of as normal: a communal living arrangement that mirrors the way social media functions. It’s both social and intimate, it’s both private and communal. And it’s a community where members do not compete with one another for space; instead, they collaborate, sharing common spaces and amenities, from kitchens and living rooms to bedrooms and bathrooms. Conclusion Co-living in particular is the logical consequence of sharing everything online. The idea of shared living spaces has been around for quite a while. The Victorian fascination with communal living and with communal service — the belief that community was the key to happiness — was reflected in the rise of the boarding house and the shared house. Read Also: Federal Government and the Subprime Mortgage Crisis They Created How Much Will You Pay To See Landmarks During Lockdown?
READ MOREDetailsThings First-Time Homebuyers Need To Know About Hiring Realtors
The prospect of buying a new home for the first time is indeed a very special one. You are excited at owning a valuable piece of asset that you will call your home. For first-time buyers, getting the right property at an attractive price is a top priority. As against someone who regularly invests in real estate and understands the ins and outs, first-time buyers stand at a disadvantage. The real estate market is a very dynamic one. There are so many things that can affect the influence the price of a home. This is why the importance of a good realtor that can help guide them in the right manner is critical. From an understanding of the various neighborhoods to locating homes within a budget, a good realtor can be an asset that can make your first-time home buying experience a happy one! In this article, we are going to help first-time homeowners pick out the best realtors for their specific conditions. If you are someone that is looking to buy a new home for the first-time, this article will help you in multiple ways. The Problems first-time homebuyers Experience in the Real Estate Market In this section, we are going to look at some of the key problems first-time homebuyers face when looking at the real estate market- Budget Constraints- Yes, addressing the elephant in the room first. Budget constraints are something that almost a majority of homebuyers need that is affordable, within their budget, and will rise in value in the near future. Trust Issues and Worries- In a market where everyone is running after their own interests, trusting someone can be tough. This is why first-time homebuyers are extra cautious before moving forward. This sometimes costs them great deals in real estate. Network and Connections- Buying a home does not only mean working with a realtor. It involves working with legal experts for the property’s paperwork, getting help from loan agents at banks, and engaging contractors. Sometimes, all this becomes too much. Decision-Making Troubles- Investing so much money in a property is a decision that requires a lot of courage. Second-guessing the decision to invest makes first-time homebuyers develop cold feet even when a great deal is staring them in the face. Understanding of Neighbourhoods- Most of us feel comfortable in staying close to our communities and groups. Given the recent spate of violence and societal troubles, first-time homebuyers are conscious of their family’s These are some of the most common and basic problems that first-time homebuyers experience when making decisions on real estate. 5 Important Things to look at in a Realtor before you hire them In this section, we are going to let first-time homebuyers in on a secret. By pointing our important aspects, personality traits, and more, you will be able to select the best realtor for your needs. 1. Patience. Listening Skills and Educative Nature- first-time homebuyers may have tons of questions. While some of them might be pertinent, others might simply be too trivial. A realtor needs to be sensitive to all the questions, no matter how childish and immature they sound. He or she should be ready to clarify all doubts as well as educate the homebuyers regarding important aspects of the property buying experience. 2. Experience, Expertise, and Awareness about Property Types and Neighbourhoods- Most realtors specialize in different forms and types of real estate. Some have better awareness about condos and apartments. Others are more into free-standing homes in gated communities. Depending on what kind of property you are going after, selecting a realtor that has prior experience and expertise on the same will help you. The same goes for neighborhoods. 3. Understanding your Racial and Community Needs in Properties- We spoke about how different neighborhoods in the country have been in the news for racial violence. If you are concerned about the same, it might be a good idea to go with leading Black realtors in Boston. Their understanding of the region can help them inform you about what would be right for you and where you might face problems. This is very important. 4. Having the Right Tie-Ups with Stakeholders- Leading realtors are a one-stop shop for all your home buying needs and requirements. They can help you with your connections. Whether it be getting loans from banks or fixing the plumbing, they are aware and work with several networks and connections. This can help improve the home buying process and experience. You will have everything done for you. 5. Great Soft Skills and Negotiation Powers- You want the realtor to negotiate on your behalf in bringing the prices down. If the realtor does not have strong negotiating skills, you might end up paying more than you had imagined. Look at the track and success record of the realtor before going ahead with your decision. A realtor that is good at communication and has a pleasing personality is someone you should aim for. Where to Find a Realtor that is Perfect for First-Time homebuyers? If you have been reading the article with interest and focus from the start, your next question would be, where do I find a realtor like that. In this section, we are going to point out some ways that can help you in your search and discovery- Firstly, you can start by making recommendations and referrals from your family and friend circle. If someone has recently purchased a new property at a great price, you can request them to hand over the details of their realtor. Secondly, you can visit online sites that carry detailed information about the realtors in your region. You can go through profiles, connect with them and find out whether they fit the bill of what you are looking for. Thirdly, you have to check out the online reviews and ratings of the realtors before you hire them. If they have their social media profiles and GMB pages, you will be able to get good information. Make sure to look for how they answer comments. The Bottom Line Choosing a great realtor can make all the difference to your first-time home buying experience. Not only do you stand the chance of finding a great property, but they smoothen out most of the problems that you are likely to experience during the process. If you have any other questions on choosing the right realtors, or on anything related to first-time home buying, let us know in the comments. We will try our level best to clear as many of your doubts as possible. Read Also: 5 Best Things To Know Before Renting A Property In Kings Cross What Does it Take to Have an Eye for Top-Notch Properties? 5 Tips to Sell Your House Quickly
READ MOREDetails4 Benefits Of Taking North Carolina Real Estate License Classes Online!
If you are debating whether you should take your real estate classes online vs. in person, the former may be the better option! If you're trying to balance a hectic life - with classwork, full-time jobs, friends, and family obligations - then you may not be able to attend a class in person. Especially If you look up the local real estate classes and find they are all over 30 minutes away from where you live, you might not have the time or the resources to drive to and from class every day of the week. Instead, look into taking your North Carolina real estate classes online! Not only will you have more flexibility, but you can do it from the comfort of your own home! Let’s see why it can be the best choice for you to take your classes online - avoid sitting in traffic and sitting on your couch while learning about the real estate world! 4 benefits of taking North Carolina real estate classes online Just like every state, you have to take your pre-cleaning course online. Even though all states have different basic courses and different hour requirements, you still need to take a pre-licensing course so you can be qualified to take the final exam. In North Carolina, you will have to take 75 hours of a pre-licensing course that covers the basics of real estate, such as real estate law and key principles. But why should you take the class online vs. in person? There are a few reasons that you may not have thought of that show why you need to take your North Carolina real estate license classes online! 1. The flexibility of your schedule Arguably the main benefit of taking classes online is that you can keep your schedule flexible. If you find that you are struggling to balance every aspect of your life, keeping your schedule flexible is key. Avoid double-bookings and having to run from place to place by taking the course online - this way, you can learn the same information as you would in person, but it will be much less stressful! 2. Learn at your own pace The next reason that you should take the class online is so you can learn at your own pace. Since people learn differently, some people may be visual learners, whereas others are tactile learners. Being able to absorb the information at your own pace, go back over class content, and learn at your own skill level is key to being able to really understand the information that you are absorbing. 3. Study at home The third benefit of taking classes online is that you can study at home in the comfort of your own home office or bedroom! 4. Review material at your own leisure The final benefit of taking North Carolina real estate classes online so that you can go back and review material if you are confused. In class, you wouldn’t be allowed to do this - at home, you can go back whenever you want! Conclusion As you can see, taking North Carolina real estate classes online has several benefits! Review the course material at your own pace, go back over misunderstood material, and maintain a flexible daily schedule. Read Also: 4 Lessons Content Marketers Can Learn from E-learning Courses 6 Affordable Online Courses You Should Take
READ MOREDetailsLove Running In The Morning? Check Out These Austin Real Estate Neighborhoods Near Outdoor Parts
Austin real estate is a beautiful area to build your home and ensure that you have an excellent quality of life and can have plenty of locations where you can run, jog, and see nature at its core. It is a city that is abundant with nature preserves, rivers, and parks that make this an excellent place for families, retirees, and couples or singles to flock to. Just within the fundamental limits of the city, you can bike, swim, hike, or go to parks and hang out. With all this beauty, you may wonder what the best neighborhoods to choose when you want an outdoor life are? Of course, you like it. Who does not like to enjoy the natural scenic beauty in the morning? Zilker Is Beloved By Everyone Zilker has plenty of parks and the best look. The trails have old-time bridges that are cute, and they host the Trail Of Lights. Just one of their parks has everything from a natural spring to a swimming area and sports. Take a walk between the gardens or rent a kayak and brave the water! Austin real estate is a neighborhood that truly has everything to offer. Be sure to check out the magnificent Lady Bird Lake Hike if you love fishing! You can visit Bramlett Residential to check out beautiful homes in Austin. When you are going out for a short walk or run, you always want some mental peace and a relaxed feeling. The natural ambiance of Austin real estate is so attractive. Hence you can enjoy your walk and enjoy the magnificent scenic view by the lake. Belterra Is A Master Planned Area Of Austin Real Estate When looking at Austin real estate, you will find master-planned communities are widespread. Belterra is right in the center of nature and has hiking trails, lakes, and rivers. They also offer over fifteen miles of biking trails and hiking trails while offering three separate pools! If you love birds, you will be able to watch them for hours and enjoy the solitude. However, if birdwatching does not excite you, you can always experience the fun that comes with camping and horseback riding. The most popular place in the area is the massive dome. Known as the Enchanted Rock State Natural Area, you will find it is enormous and pink! Austin real estate is very well designed and well maintained. So the residents can enjoy the scenic beauty and get in touch with nature. But all the modern luxuries amenities are also present here, so you do not have to compromise your modern lifestyle. River Place Puts You In The Country If you are in need and looking for a home with a view of the country, go to River Place. They offer a country club, three separate hiking clubs, and a beautiful waterfall. The best part? The walking trails are dog-friendly, and the sense of community is lovely. If hiking does not make you happy, there are parks to play in, and they have barbecue grills for fun in the sun. A lovely natural park is also helping you to feel relaxed and cheerful. These parks are the best places for a small outdoor summer picnic or party. After the picnic, you can go out for a short walk and explore the areas nearby. However, one of the best options is the Austin real estate neighborhood offers a private marina where you can swim, water ski, or go boating. It is the perfect option for couples, families, or a single person that wants to relax. Privacy is another great benefit that people love. A Wonderful Option Austin real estate is a beautiful place to find outdoor living homes that let you have the perfect balance of nature and the city. When you want activities daily and enjoy being outdoors, these neighborhoods offer the best way to see what Austin has to offer. Enjoy the sights and sounds of immersing yourself in a whole new world and enjoy the beauty of nature. Read Also: Best Areas Where You Should Buy An Apartment In Qatar An Overview on Luxury Real Estate in Paris
READ MOREDetailsThe Best Areas Of Palm Springs Real Estate To Find A Luxury Condo
If you're thinking of moving to Florida for your new job, to start college, or to start a family, there are many neighborhoods that you should take into consideration! One of the best up-and-coming areas in the Sunshine State is Palm Springs - an idyllic town that has all the best bits of Florida wrapped up into one convenient location. With close proximity to Lake Worth Beach and West Palm Beach, Palm Springs, FL is a beautiful town that is close to Miami - a bustling and eccentric city that makes for fun weekend nights out on the town. If you enjoy the exciting and busy Floridian lifestyle, with going to the beach during the day and going out to nightclubs in the evening, then moving to Palm Springs can be the best geographical move for you! Not to mention, the blue skies, bright beaches, open spaces, and good school systems make this move a smart choice for those who are looking to start a family. But where should you look? If you have been blessed with a high-paying job and you can afford a luxury condo(provided, you can make feel your condo luxurious by yourself as well), there are some areas that you should look for if you want to find the condominium of your dreams, see more here. The best areas in Palm Springs, FL to find luxury condos For your next move to Palm Springs, FL, you need to find the best neighborhood that can have a wide variety of luxury condos that are suitable for you as a single bachelor, you and your partner, or you and your growing family. Whether you are looking for a condominium with extensive views over the water, or you are looking for one with plenty of amenities, there are a few neighborhoods where you should spend the majority of your energy searching. Ruth Hardy Park If you are with a long-time partner or you are thinking of having children in the coming months or years, Ruth Hardy Park is the place to look for you and your family. Since you can walk to downtown Palm Springs in less than 15-20 minutes to go to work every day, and you can enjoy spending time in the bustling neighborhood community, you can have the best of close proximity to the city and outdoor amenities. Spend your free time outside of work bringing your kids to the playground, playing a game of pickup basketball at the courts, or having a game of tennis with your partner. El Mirador A second location to look for downtown luxury condos that can work for you and your family is El Mirador, a neighborhood that is actually right next to Ruth Hardy Park! This neighborhood is the best choice for those who want to live in a luxury estate that has a wide range of houses, apartments, bungalows, and apartments. Conclusion If you are trying to find the best luxury condos in Palm Springs, FL, consider looking at Ruth Hardy Park or El Mirador. Especially if you are the age where you are looking to settle down and start a family, these two neighborhoods have the best combination of proximity to downtown cities, beaches, and outdoor spaces. Read Also: 7 Reasons To Buy A Condo Over A House 6 Upgrades to Make Your Bedroom Seem Like a Luxury Hotel
READ MOREDetailsHere Are a Few Reasons Why You Should Use Real Estate Farming Postcards to Increase Visibility of Your Business
In this age of digital marketing, you might be wondering whether postcards still work? Well, the truth is that they are still a highly effective marketing strategy for realtors. In fact, the right postcard can give you a better ROI than more conventional advertising methods. Real estate postcards can be a valuable asset to your real estate farming strategy since they are easy and cheap to make. Real estate farming is where you plant, nurture, and cultivate leads in a specific geographical area or demographic. But affordability and simplicity are not the only reasons you should consider adding real estate farming postcards to your strategy. Here are a few compelling reasons why you should incorporate real estate farming postcards within your marketing strategy. If you’re looking for some unique real estate farming postcards for your business, visit Wise Pelican for more information. 1. Postcards are More Likely to Be Opened and Read Picture this scenario: you’ve crafted the perfect marketing email and sent it to everyone on your emailing list. How many of those emails will land in the recipients’ inbox? Of those that do, how many are actually opened? With email marketing, you’re not really sure if all, or at least most of your intended recipients, will receive the message. But with postcards, you can be certain that everyone you send a postcard to will receive it in their mail. Postcards exponentially increase the probability of your leads learning about your real estate business tips. 2. They Can Give You Better Response Rates Direct mail isn’t obsolete. In fact, it’s still a common form of communication among people of all age groups, including young people. Since you’re directly sending the postcards to each individual on your list, the postcards will have a personal touch and, therefore, yield better response rates. A recipient is likely to pay attention to the message on your postcard, and if it’s convincing enough, get in touch with your real estate business. While designing the postcard, try and think of ways you can make your postcard stand out from the pile to further improve your response rates. It could be adding persuasive keywords, using the recipient’s name, and using a professional color scheme. 3. They Will Act as a Tangible Reminder of Your Business How many times have you seen a TV commercial that you found interesting but ended up forgetting about it within the next hour- or even minutes. Not quite effective, right? A postcard, however, is a tangible and lightweight piece of marketing collateral that your clients will find easy to keep. And, if you design it in the right way, your target leads will likely hold on to it for longer. What does that mean for your real estate business? Postcards won’t just put your business out there. It will also act as a reminder of your business. Your leads won’t forget about you quickly, and even if they do, the postcard is there to remind them. They are also likely to pass on your card to others who may need real estate services. Use Real Estate Farming Postcards to Get Your Business Out There Cheaply Postcards, if used appropriately, can give you better results than most hyped digital marketing solutions today. Not only do they help you reach your potential clients directly, but they also increase the probability of the target recipients taking the next step of action depending on your CTA. Additionally, they are very cost-effective, meaning you can create brand awareness without spending thousands of dollars that you could otherwise focus on other more pressing business concerns. Read Also: You Need to Know the Pros and Cons of a New Career in Real Estate Stocks Versus Real Estate: Which Is The Better Investing Option?
READ MOREDetails