#how to buy your first rental property
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Buying A Second House Without Selling The First 2024
Thinking about buying a beach house or a mountain getaway? Buying a second House can be a great investment for many reasons. Maybe you want to spread out your investments in real estate, have a place to relax on vacation, or even rent it out and make some extra money. There can even be tax advantages! But buying a second House while still holding onto your first one can be tricky. This article…
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DIZZY ISY SAVE FILE VERSION 8
Hello Dizzy Isy fans! I'm absolutely thrilled to announce the release of Version 8!
The save file is now updated for the FOR RENT pack and Tomarang.
I hope you find a lot of joy in this new version of the save!
♥ What do you get? ♥
VERSION 1 OF DIZZY ISY (STILL AVAILABLE HERE)
VERSION 2 OF DIZZY ISY (STILL AVAILABLE HERE)
VERSION 3 OF DIZZY ISY (STILL AVAILABLE HERE)
VERSION 4 OF DIZZY ISY (STILL AVAILABLE HERE)
VERSION 5 OF DIZZY ISY (STILL AVAILABLE HERE)
VERSION 6 OF DIZZY ISY (STILL AVAILABLE HERE)
VERSION 7 OF DIZZY ISY (STILL AVAILABLE HERE)
…PLUS…
220 custom clubs and icons (+11 than v.7) with points/rivalries and custom activities.
Lots of details of custom books to find, interesting tombstones, photos with past histories and mysteries etc.
♥ When you enter the save♥
There are 4 empty lots.
There are 20 empty houses (13 starters, 6 under 100k, 1 under 120k). (I have now labelled the starters so it is clearer.)
There are 18 rentals in holiday destinations.
3 new rentals in Tomarang with fleshed out family landlords.
There are now 3 free apartments.
Secret lots in Mt. Komerebi renovated.
Selvadorada and Strangerville adventure/mystery unplayed.
Conservation efforts not completed in Sulani.
Evergreen Harbor has many community project opportunities.
Neighbourhood Stories disactivated.
Voting and Eco Footprints also disactivated.
___________________________________________________________
It is a busy save file with many lots filled to stop random spawning of townies but the empty lots will soon quickly fill up with townie families if you don’t use them.
The townies are clearly marked in the unplayed tab with the #townies so you know who is meant to have a lot and who isn’t.
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♥ What do you need? ♥
❥ ALL THE PACKS apart from Journey to Batuu
❥ Kits used: Fashion Street kit, Incheon Arrivals kit, Desert Luxe and Carnival Streetwear kit
-You can still download this save file without all these packs or kits but some items might be replaced by substitutes, and we all know how those pan out.
❥ 186 MB of free space for this save file.
❥ Zerbu’s More Club Icons Mod (PLEASE DOWNLOAD FIRST!)
(If unavailable to you please download from here)
❥ Rex’s Custom Club Activities Mod (PLEASE ALSO DOWNLOAD BEFORE THE SAVE!)
♥ Recommendations ♥
❥ MC Command Center by Deaderpool.
❥ No Random Townies by Zero.
❥ No Random Hats Acessories and Makeup by Bienchens.
(Anything by Bienshens is amazing and safe to use in my opinion)
♥ How to install? ♥
Make a backup of your Electronic Arts/The Sims 4/Saves folder
Download the file, unzip, and place files in Electronic Arts/The Sims4/Saves.
Open your game, enter the save. It is named “Dizzy Isy Save File By Isleroux and you should see the Koh Saphas as the last played household.
"The Koh Saphas are heirs to the Sungai Point estate but face a whirlwind of challenges. Kasarinlan manages their property portfolio, while chef Kahilom embarks on managing a restaurant plagued by terrible reviews after a tragic incident involving artist Indigo Ivyloop. With twin girls on the horizon, Indigo's ashes in their posession and the daunting task of salvaging Kahilom's culinary reputation. Will their ambition prove their downfall, or can they turn the tide and savour success?"
___________________________________________________________
DOWNLOAD (SFS) or
DOWNLOAD (MediaFire)
(REMEMBER TO DOWNLOAD THE CUSTOM CLUB MODS FIRST!!)
**Lastly, if you find joy in the save file and wish to support me, perhaps you could consider buying me a coffee ☕ to help make future updates possible.
It's worth mentioning that despite the immense effort poured into Dizzy Isy over four years, I've chosen not to restrict access to my save files behind any paywall.
To those of you who have already extended your support, your kindness truly means the world to me. I want you to know that I see you, I appreciate you, and I'm grateful for your unwavering dedication, especially to those who have read this far down.**
Thank you from the bottom of my heart.
Happy simming! ~isy~ ツ
@maxismatchccworld
#isleroux#ts4#sims 4#reblog#the sims 4#dizzy isy#dizzy isy save file#ts4 save file#sims 4 save file#the sims 4 save file
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I live in an expensively shitty apartment I can just imagine that the one time Yves comes to sleepover, the fire alarm goes off at 3 in the morning and immediately wakes me and him up (it does that a lot)
I feel like he would be PISSED
Did you know he doesn't need sleep? So he would be more pissed at the fact that you're losing precious shut-eye over it. He would already be awake, and off researching what's constantly making it ring. Is it faulty? Is it because of a particular tenant or a group of them?
He would first complain about it to the group managing the property and politely request them to fix it, considering that you paid an exorbitant amount of money to live here. Yves will have everything in writing and all the evidence that it is a nuisance to everyone there.
If that doesn't work, well... You would receive an email a week after, notifying you that the building is under new management, the fire alarm has been fixed, or the tenant that's been causing it has been evicted. And that your rent is significantly lowered.
Yves would absolutely lower it to zero and reveal that it was his doing, but he didn't want to scare you off. He didn't want you to know that he went so far as to buy out the entire rental company, controlling other properties that you have only seen in their catalogs. At the end of the day, you will freak out no matter how much you moan about wanting to live like the filthy rich and how much you think you will handle it well.
Because you're not born in it, you wouldn't get used to such ridiculous use of wealth.
You wouldn't get used to seeing your spouse holding such a ridiculously mammoth reservoir of power over everything.
Including you.
#oc yves#yandere concept#tw yandere#yandere oc x reader#yandere x you#yandere male#yandere oc#yandere#yandere x reader#male yandere oc x reader
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Heyy
Do you have any advice on starting a real estate business as in just buying and renting out property?
Thanks 🤍
Yes!
**For the record, I have personally done a few flips/rehabs. Apart from that, I knew/know most of the realtors in this city and relating companies as I worked with most real estate/mortgage and title companies here when I had an agency.
First you need to be able to learn the market and research comparables. When looking to buy properties there are important factors to consider to make sure you are not paying overprice for a property as well as that the are is on demand, ensuring it will be easier to rent out the property.
The location of the property and its proximity to amenities like schools, shopping centers, grocery stores, transportation etc. Also that the area is safe.
You also want to look for areas that has future development plans, this will raise the value of your property.
If you have worked with investment companies, you will quickly learn that buying a property that is not in the best condition, a rehab property, could be a very smart play. You want to make sure of course to check the comparables and ensure that the property is underpriced compared to the other homes in the area. Once you rehab the property, it could raise or even surpass the value of the other homes in the area.
Any home that you would look into to buy for renting out should have elements that you intend to upgrade on. There are a lot of reasons for this but the most important one is how it raises your price and potential earnings. Redoing a kitchen or a bathroom can immediately raise the value of your home anywhere from 5-50k. A project that will cost you anywhere from 3-10k on average for a standards nice kitchen depending on your area.
Overall you still want to look at the comps to make sure you are getting a fair deal. Calculate the potential annual rent as a percentage of the properties price. This will give you an idea of the return on your investment. Also make sure that the potential rental income exceeds the monthly expenses. If not it does not make sense.
Check the vacancy rates in the area you want to purchase in, if its high there may be a low demand and not a good area to invest in.
Also you want to think about how easy it would be to sell the property if you need to. In demand areas tend to be more liquid.
So important, to understand the landlord/ tenant laws in your state. Including their rights and eviction process etc. Nothing worst than having a horrible tenant and not being legally able to remove them.
There are a lot of rate plans depending on your specific situation and mortgage rates also vary significantly by state. Make sure to get the best deal for you. Some states a first time can give as little as 1-5% down depending if you are a first time/ entrepreneur etc.
Property insurance is another cost factor to consider when working out your numbers as this varies by area.
Managing a few properties on your own is easy, but after a handful, you may want to consider hiring a property management company to handle these things for you.
I would strongly urge you to get a lawyer to draw up renter contracts.
To grow this business what you want to do, and this is a general overview: down payment for house, fix, rent out, refinance, use refinance to purchase another property and have enough to put into upgrades/repairs on the second purchase and repeat.
I can get into taxes on this too if you want.
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headcanon: Remus likes muggle music - (in the form of a story…?)
Music is a simple joy, one even magical folk partake in - but not in the same way Muggles do.
Even the most famous modern wizarding artists are copying the genre and styles lead by Muggles… for when there is so much magic to study, magical folk rarely have time for instruments or song.
Music is what you enchant instruments to play for you to show off your magical prowess - not to callous your own fingertips on.
The proudest wizards and witches are the ones whose hands remain soft their entire lives - who can use their magic for everything…
It wasn't until Lyall met Hope that he truly begun to understand the appeal of music. The simple beauty of song, the joy of putting a record on and taking his wife's hand to dance…
Her teenage years had been set to the smooth, American voices of Elvis Presley, The Everly Brothers, Ray Charles - Frank Sinatra… people who could jive, whose voices carried internationally in ways magical people so rarely did.
It had a sparked an interest in Lyall, who happily spent his money before their son was born on a high quality radio/record player so he - and his growing family - could listen to the tunes and the drama's of the Muggle world he had fallen in love with.
He found the late-night horror shows most engaging, staying up even as his wife and young child had long gone to bed to wake them up with his laughter at what Muggles considered frightening… and found himself fully engaged with ongoing murder mysteries, pondering them even as he worked.
The Beatles, The Beach Boys, The Supremes, The Rolling Stones, Bob Dylan - the house ALWAYS had music playing on that radio. Remus grew up not knowing true silence… and was happier for it.
When the bite happened, music went from a constant presence in his life to a true joy.
As he lay in bed recovering from his injuries it was all his parents could do to stop crying: drown the noise with the radio.
As they moved house over and over, the one precious possession they never sold was the radio. No matter how tight money got, they could not sell a member of the family… especially not one that kept Remus company.
On Full Moons sometimes music would send Remus into a rage of over-stimulation - and sometimes it would calm him. He would stop banging his weight against the door and scratching the paint off the rental-property basement/attic walls… and just listen.
Whenever Lyall got a little money to spare, he would brighten his son's life by buying him records - so he could listen to his favourite songs whenever he liked! He wasn't allowed to have friends… but he could at least have this.
As his mother's frail muggle body grew weaker from the stress of raising him, Remus could still listen to music with her - they had all her favorites on records - and even when she was bedridden and a young Remus did most of the chores he would come to her bedside and sing along with her, let her stroke his hair…
Starting Hogwarts was a lifesaver for his family. When Remus went away, they could actually stay in the same place for the year - Lyall could work hard and keep money not for their next move, but for their own survival and comfort.
When Remus made some friends, for the very first time… they were both purebloods, and he had something to share with them:
Music.
Sirius, disillusioned with pureblood life, fell in love with Muggle culture and deeply with music. James was less enthusiastic, but just happy to share something with his friends - happy to fund their obsession.
Sirius fell in love with Back Sabbath, Led Zepplin, Deep Purple, King Crimson - music so unlike anything he had heard from the Wizarding world, experimental and electronic… and even if it wasn't so much Remus' thing, who preferred rock and pop resembling that of what he grew up with in the 60s -
They BOTH fell deeply in love with Queen and David Bowie.
One summer James even paid the four of them to go see them live, which was an interesting event of Peter and Remus having to shepherd two Wizards through a muggle event.
At his mothers death… Remus listened to her favourite songs in his dorm room. The music covered the sound of his sobbing, just as his parents had done for him when they cried over his condition.
When the 80s came around, and every one of his friends disappeared… he once again leaned on music to be his only companion.
He lacked much money, but one of the things he bought himself was a walkman - and fell in love with cassettes. They were easy to store and carry, you could stack them and slip them into even a small enchanted pouch - and as he was often homeless he would wander streets and sleep on trains listening to songs new and old…
By the 90s he had fallen off of modern music, and mainly leaned on his favourites. The death of Freddy hit him hard.
He was never good at music himself. His fingers too frequently broken and scarred to have much dexterity, his voice ruined from nights of howling and snarling to sing… but he was always, ALWAYS humming something. He was always walking or moving with some sort of invisible rhythm to some song playing in his head.
One of the first ways he bonded with Sirius when he broke out of Azkaban, a way he lightened his heart, was share his entire cassette collection with him. Let him listen to the music he missed - and revisit the favorites he hadn't heard for 12 years.
When Remus started to live at the Burrow, it was something he could share with them, too - he helped Arthur fix an old record player/radio he had in the shed with much excitement. It was so similar to the type he grew up with! - and even when times were particularly bleak the Burrow, his new family, was always filled with music.
No matter how rough his voice was, Tonks thought his singing was beautiful and wanted to hear it all the time… if he was singing, it meant he was happy - and it meant he was still there.
The twins did not appreciate it and never let him forget it - even teasingly thanking the loss of an ear to save them from his 'wolfish wailing'.
Perhaps the single strangest thing about his body was the lack of humming, of tapping, of swaying and bobbing his head.
Remus had grown up not knowing true silence, after all… but now he was still.
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TOP REASONS TO INVEST IN REAL ESTATE IN 2024
As we step into 2024, the real estate market continues to evolve, presenting investors with unique opportunities. Whether you're a seasoned investor or a first-time homebuyer, considering the advantages of purchasing property this year is crucial. In this blog, we'll explore the top reasons why investing in real estate in 2024 is a prudent decision.
Historically Low-Interest Rates
One of the primary reasons to consider buying property in 2024 is the continuation of historically low-interest rates. The global economic landscape has led central banks to maintain accommodative monetary policies, resulting in low mortgage rates. Locking in a low-interest rate mortgage can significantly reduce the overall cost of homeownership, making it an opportune time to invest.
Potential for Appreciation
While real estate markets can be cyclical, many experts predict a steady increase in property values in the coming years. Economic growth, population expansion, and increased demand for housing can contribute to the appreciation of real estate assets.Investing in a property in 2024 may position you to benefit from future value appreciation, building equity over time.
Tax Advantages
Owning real estate comes with various tax advantages. Mortgage interest deductions, property tax deductions, and depreciation allowances are among the perks that can significantly reduce your tax liability. Consulting with a tax professional can help you maximise these benefits and make the most of your real estate investment.
Diversification of Investment Portfolio
Real estate provides an excellent means of diversifying an investment portfolio. Unlike traditional financial assets, such as stocks and bonds, real estate tends to have a low correlation with the stock market. Including real estate in your investment portfolio can help spread risk and enhance portfolio stability.
Rising Rental Demand
The demand for rental properties is expected to continue rising in 2024. Economic factors, demographic trends, and lifestyle changes contribute to a growing population of renters. Investing in rental properties can provide a steady stream of income, offering financial stability and long-term investment potential.
Remote Work Trends
The rise of remote work has reshaped how people approach their professional lives. As more individuals have the flexibility to work from anywhere, suburban and rural real estate markets are gaining popularity. Investing in properties outside major urban centres can offer potential buyers affordable options with the added benefit of a quieter, more spacious living environment.
Infrastructure Developments
Government investments in infrastructure projects can significantly impact real estate values. Areas undergoing infrastructure developments, such as new transportation hubs, roads, or public amenities, often experience an increase in property values. Keeping an eye on regions with planned infrastructure projects can guide your investment decisions in 2024.
In Conclusion
Investing in real estate in 2024 presents a myriad of opportunities, from historically low-interest rates and the potential for property appreciation to tax advantages and the changing dynamics of remote work. As with any investment, thorough research and careful consideration of your financial goals are essential. By leveraging the current market conditions and understanding the factors influencing real estate trends, you can make informed decisions that align with your long-term objectives.
If the blog has inspired you to consider purchasing properties in Sydney and its surrounding suburbs, reaching out to Westmead Real Estate is your next logical step. As a distinguished real estate firm in Sydney, we bring years of valuable experience to the table. Our extensive knowledge of the real estate landscape enables us to guide you effectively, ensuring that you not only find the best properties but also that they align perfectly with your budget and specific needs. Trust us to be your partner in navigating the real estate market and making informed decisions.
#investing#commercial property#properties#economy#property broker#real estate#real estate agent#entrepreneur#apartments#branding
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Down Payment Options for Homebuyers
Watch The Full Interview:
youtube
"How Dads Achieve Financial & Time Freedom By Raising Private Money"
Adam Zach has a magnificent obsession with learning and is addicted to personal growth. He is a family man with a business, not a businessman with a family.
He retired from the Civil Engineering profession at age 32 by leveraging real estate investing. He currently holds 50 single-family rentals in 13 different states. Now his main passion is helping Dads with young kids who are into real estate achieve passive income while working a full-time job and putting family first.
At age 34, Adam lives in Fargo ND with his amazing wife and 3 young kids ages 5,3,&1.
Mission:
To help those who are unable to qualify for traditional bank financing achieve the American dream; home ownership.
Vision:
To be the go-to solution for people who do not qualify for a traditional home loan.
Adam Zach and Jon Enright are the creators of Home Equity Partner and provide a variety of custom housing options to future homeowners through a unique renting option.
At Home Equity Partner, they have developed a new tool that allows you to pick any home listed “for sale” and live in it. They specialize in Rent-to-Own, Lease Purchase Options, and Contract for Deeds and seek to help individuals and families gain homeownership to live the American Dream.
Home Equity Partner has recently been awarded the 2019 Greater Grand Forks Chambers Shark Tank winner, the 2019 Innovate ND Phase I and Phase II Program, and the 2020 DisruptWell winner with their innovation, scale, and solutions. They also work with real estate agents or bankers who have someone that does not qualify for a traditional bank loan.
Home Equity Partner also works with investors interested in supporting homeownership while making a modest return on their investment.
Private Money Academy Conference:
Free Report:
https://www.jayconner.com/MoneyReport
Join the Private Money Academy:
Have you read Jay’s new book: Where to Get The Money Now?
It is available FREE (all you pay is the shipping and handling) at
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What is Private Money? Real Estate Investing with Jay Conner
https://www.JayConner.com/MoneyPodcast
Jay Conner is a proven real estate investment leader. He maximizes creative methods to buy and sell properties with profits averaging $67,000 per deal without using his own money or credit.
What is Real Estate Investing? Live Private Money Academy Conference
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YouTube Channel
Apple Podcasts:
Facebook:
#jay conner#real estate investing#real estate#private money#flipping houses#real estate investing for beginners#youtube#raising private money#privatemoney#realestate#Youtube
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My Morning with (2) 3,000 kVa electrical transformers
Summary: North unit is 30 y.o. & toast. South unit is 30 y.o. & hanging in there.
Property wants the cheapest and fastest solution. Willing to test and own re-furnished equipment.
Corporate: buy (2) new units and wait the 60-80 week lead time. Get a rental for $20K a month while fixing north unit, salvage south unit as back up
Property: we can test a local unit that was taken offline 10 years ago for $5k. If it’s good we can buy it for $45k.
Corporate: have it tested first.
Property: so we can buy it? We are worried about the cost of (2) new units (approx $650k)
Me: do we know how old this unit we are going to have tested is? In other words, is it worth buying another 30 y.o. unit that may or may not end up with the same problems in the near future?
(Crickets….)
(My Text message notification dings…)
“Excellent point!!!” - from the guy at Corporate I report to
Property: I guess we’ll need to look at that aspect as well.
Me: in my opinion it would be worth it to evaluate your risk at buying refurbed vs. rental, where you don’t own the service.
(Call ends….)
I go to the gym and lift heavy things.
(My Linked-In account starts getting multiple hits and pings…)
———
I must have done good to start the day.
Here’s to hoping nothing else bites me in the balls today.
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House update
I am... still buying a house!
I am... still utterly terrified!
But I just found out my rent was going to go up over $200 a month if I stayed, which has helped.
So for those unfamiliar, the very rough outline of this process is find the place, make an offer, offer gets accepted, 8 billion administrative things you have to complete, then the closing happens. I’m in the 8 billion section right now. *sobs*
When you write a contract to make an offer to buy a house, you can ask for contingencies, which are basically how you get out of the contract without any penalties.
Inspection is the most common one, which makes sense. Most people get their homes looking nice when they go on sale, but there can be a lot of stuff wrong that isn’t visible immediately, so you (the buyer) pay for a home inspector to check the place over (mine cost about $600). It takes 2-3 hours, and you should be there for this along with your agent, but not the owner or their agent. You get a written report and have a certain number of days to nope out of the process if anything gets found you don’t like.
If you go ahead, you may have to get the property appraised, which is another contingency where the sale can halt. I have to say this is one thing that feels a bit like a scam. There are regulations on home inspectors and licensing and stuff that mean they have to have a level of knowledge and training but appraisals are murkier. But the home has to appraise near the amount of money you are offering for it, otherwise your mortgage may not go through, or the rates may change.
I’ve gotten through both of those things so I am basically locked in on my end. I’m buying this place, no take backs on my side.
But there’s also a financing contingency on me, which means if I can’t get the mortgage, the seller can bail on the sale and I lose the deposit money. I had gotten pre-approval from a mortgage broker (which I strongly recommend, because my mortgage company has sent me a detailed sheet with every place I seriously considered buying that spelled out the interest rate, monthly payment, fees, closing costs, etc. that gave me a much better idea of what I was looking at, money-wise. Also having a pre-approval letter, while not a guarantee of anything, shows you had your shit together and someone already checked into your finances and they think you’re likely to get a mortgage for X amount of money. If you’re in a market where buying is competitive the way it’s been the last couple of years, this can make you more attractive to sellers who don’t want to see the sale fall apart and have to start over) and I am 99% sure it’ll be fine but it’s not done until the underwriting gets done and everything is approved.
I’m working on getting home owners insurance, which I thought was going to be easy, but has turned out to be annoying. I hope to get that resolved tomorrow. Also I need to stop assuming any step in this process will go smoothly and revert to my natural pessimism.
I also had to take a first time home buyer’s course online FOR THE THIRD TIME. *scream* I get making people go through these, but I already did it twice!
This actually timed out great for me, assuming the closing happens as scheduled next month. Due to how mortgages work, the closing in mid-September means my first mortgage payment will be due at the beginning of November, and my last full rent payment on my apartment will be in October, so I get a smooth transition and don’t have to pay both at the same time. I also have about 5 weeks from when I get the keys to when I’ll move in to address the stuff in the inspection that has to be addressed before I want to live there.
Sadly there’s a bunch of boring plumbing and pest control stuff I have to deal with before I get to think solely about paint colors. I am already thinking about paint colors, of course, because THERE WILL BE NO NEUTRALS IN MY HOUSE DAMN IT. I HAVE BEEN LIVING IN RENTAL SPACES WITH BORING ASS NEUTRAL COLORED WALLS FOR 25 YEARS but there’s a lot of other tedious stuff I have to address too.
And I’m trying hard not to think too much about the money that is going to be flying out of my hands over the next few months. I’ve been saving for this for 5 years, specifically for this period of time, but having been close to broke for a good portion of my adult life, it’s frightening to think of losing those carefully hoarded pennies for anything.
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How You Can Use AI To Make Travel More Affordable and Accessible
Traveling can be such a hassle. Who wants to stand in airport security lines, hope their flight is on time, and have to worry about your schedule while you're on vacation? Thanks to the power of AI, these hassles might be eliminated (or at least minimized) soon. In this article, we'll look at all the ways AI solutions are changing the face of travel.
First, what exactly is AI? For our purposes, artificial intelligence (AI) can be defined as "...the simulation of human intelligence by machines, especially computer systems" [1]. Use cases for AI include natural language processing, speech recognition, and machine vision. Don't worry if these terms and phrases are a bit foreign to you; you won't need to be an expert on AI to harness its powers for yourself. Here are some uses AI may have to make travel more accessible and affordable for those on a budget.
Nix The Tour Guides:
Buying an expensive tour package not in your budget? Why not let AI help design your itinerary? Roam Around is a simple web-based tool powered by ChatGPT [2]. All you need to do is navigate to roamaround.io and enter the city you'd like to visit and how much time you have there [2]. ChatGPT will then generate an easy-to-read itinerary for you [2].
For instance, the AI software suggests spending time at the Colosseum and traversing the historic neighborhood of Tivoli for a hypothetical five-day expedition to Rome. Arguably even cooler, the names of key sites are hyperlinked to pages that provide budget tours of the corresponding area. No tour guide needed!
Time Your Purchases:
If you're one of those people constantly checking flights to grab the best prices, AI has got you covered. Hopper is a travel booking app that uses artificial intelligence to predict flight prices [3]. Hopper looks at historical price changes and predicts when prices are likely to increase or decrease based on past data [3]. The app can save you up to 40% on travel costs [3]. It works for hotels, rental cars, and flight costs, likely your biggest three expenses when you travel [3]. Hopper even plants two free trees when you travel to offset the carbon footprint from your travel [3]. Friendly for the planet and your wallet!
Do Your Homework with Chatbots:
Sure, you could research all the data you need to plan your trip. However, that could take hours and add stress to your vacation. Why not let AI pull the info you need for you? The Kayak app contains a chatbot that can grab information at the click of a button [4]. The bot will give you details on flights, rental cars, and itinerary options and give you some activities to try [4]. It can also help you budget, as you can specify things like "Get me a flight from New York City to London for under $150" or ask where you can go with $300 this weekend [4].
Know Before You Go:
We've all been there: you see a luxurious-looking property with gorgeous photos, only to book something that's nothing like what you were promised. Tools like Magpie use something called sentiment analysis to scope out emerging trends and adjust their search algorithms accordingly [5]. In other words, it combs through data like reviews to determine whether they're positive, negative, or neutral and uses that data to rank reviews. Destinations with worse reviews should get knocked to the bottom, saving you time and money when it comes to searching. After all, there's no better way to get destination info than from someone who's already been there.
Virtual Vacations?
Got more of a staycation in mind? AI can help with that too. Virtual Reality or VR is a technology that simulates an immersive 3D world all around you. AI can create "physically and emotionally immersive travel that is unique to each user [5]." After AI chooses a site for you according to your needs, you can enjoy an immersive experience through companies like First Airlines [5]. This includes first-class service with four-course meals and virtual sightseeing [5]. If you're a "try before you buy" type of person, these immersive experiences can help you learn about a destination inside and out without ever having to physically go there. You can also search YouTube for 3D travel experiences you can view inside Google Cardboard and other VR headsets if you own one.
These are just some of the ways AI is making travel more affordable, convenient, and accessible. With the advent of the internet and modern solutions such as chatbots, ChatGPT, virtual reality headsets, and artificial intelligence apps, it's easier than ever to find stays and times that work for you and your budget. You don't have to dent your bank account (or even leave your living room) to see the world, and much of it can be organized and planned out for you. As these tools and solutions evolve, it's possible they will further democratize the travel experience, making the same cultural expeditions more readily available to everyone.
Burns, Ed, and Nicole Laskowski. "What Is Artificial Intelligence (AI)?: Definition from TechTarget." Edited by Linda Tucci, Enterprise AI, TechTarget, 24 Feb. 2023, techtarget.com/searchenterpriseai/definition/AI-Artificial-Intelligence.
2. Patkar, Mihir. "5 Free Travel Planning AI and Chatgpt Apps to Get an Instant Itinerary." MUO, 19 Feb. 2023, makeuseof.com/free-travel-planning-ai-chatgpt-apps/
3. Germán. "Ai Travel Apps You Can Use Right Now (That Are Not Chatgpt) [2023]." AirLapse, 20 Feb. 2023, airlapse.net/blog/ai-travel-apps
4.Bulanov, Alexandr. "How Machine Learning and AI Can Improve Travel Services." Medium, Towards Data Science, 26 Feb. 2019, https://towardsdatascience.com/how-machine-learning-and-ai-can-improve-travel-services-3fc8a88664c4
5."5 Ways AI Will Revolutionize Travel." CATALYST, CATALYST, 15 Feb. 2023, catalyst.cm/stories-new/2023/2/14/5-ways-ai-will-revolutionize-travel
This article is also available to purchase on Constant Content here: https://www.constant-content.com/MoreDetails/1912373-Ways_Ai_is_Making_Travel_More_Accessible_and_Affordable.htm. Once purchased, you can change the byline and use it for your own blog or website.
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Investing in commercial real estate: how to go about it?
As an individual, several solutions are available to you for investing your capital. Among the solutions available, real estate is known to be one of the most secure and stable. Within real estate investment, two main categories are to be distinguished: residential real estate and professional real estate. The first refers to all real estate intended for housing (apartment, loft, house, etc.). The second designates all the premises intended for the practice of professional activity. Among the premises for professionals it is commercial premises that attract individuals for capital investment. But how do you get started in commercial real estate investing?
How to invest in commercial real estate?
The first method for investing in commercial real estate is to invest in institutional real estate or private funds specializing in real estate investment. They are accessible via asset investments, such as when setting up a life insurance contract.
The second method is to invest directly in commercial real estate, that is to say, to buy commercial premises as one would an apartment or a house. This second method is, however, restrictive in the types of property in which to invest. Indeed, not all business premises are open to individuals for investment due to the minimum amount to be collected, which generally represents several hundred million euros.
Thus, commercial premises are certainly the best alternative when one wishes to invest in professional real estate. However, this type of property is not managed in the same way as residential premises, and this requires precise and specialized knowledge.
investing in commercial real estate- what to know
Investing in commercial real estate does not work the same way as residential real estate. For example, what determines the value of a commercial space is not its surface area but the rental profitability that may result from it. Thus, it may happen that commercial premises perfectly located in the city center in a busy street will sell for more than a much larger premise located on the outskirts of the city center.
The simple fact explains that commercial premises' profitability is, on average, twice that of residential premises. However, the capital gain in commercial real estate is generally lower than in residential real estate. It is thus a question of thinking well about its investment. However, commercial real estate offers many advantages over residential real estate.
Investing in commercial real estate- what are the advantages?
As mentioned earlier, the first advantage of investing in commercial real estate is the profitability of the investment. Indeed, on average residential real estate as reached profitability ranging from 3 to 5%. For commercial real estate, this profitability is generally 7%, to reach, in the best case, almost 10%.
The second advantage of commercial real estate is the type of lease put in place, or rather its duration. Indeed, it is not a question here of a 2-year lease on average as for residential premises, but of 9 years- a significant duration that ensures significant stability for the owner.
#realestatecompanies#propertyadvisors#nurealtyadvisors#commercialrealestate#commercialproperty#propertiesforsale
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Attaining My Financial Goals in 2023
As 2022 comes to an end and I've looked at my savings, I realized one thing I could have done better. Granted that I got into the personal finance space in the last four months of the year, here are some tip that I plan to use in 2023 to help me attain my goals with ease and in record time!
Prepare an actual budget: This is one of the things I need to really get done because I don't think I've ever really budgeted before. I've tried and failed because I rarely ever stick to it but come 2023, the plan is to first find out how much I spend and what I spend on and from there work out the things I need to cut out or the things I need to add depending on the situation.
Make attainable goals: This really a big deal for me as most finance hack videos or articles talk about saving $10,000 but for someone like me who is from a very corrupt country where the minimum wage is #30,000 (approx. $66.66) saving $10,000 (approx. #4,500,000) is not really a feasible goal with an income of #186,000 (approx. $413.33) monthly. So I think starting with $1,000 (approx. #450,000) in savings is a better goal to with, and hopefully this saving helps grow my income and help me attain greater goals.
Write down said goals: Another thing I need to do is write down my financial goals on a monthly, quarterly and yearly basis and tick them off as I achieve them. I believe doing this will make the goals look a lot less overwhelming. For instance in my casa I want to save #450,000 and this is a whole lot of money to people from my country but if I divide that money by 4, it means every quarter I should have #112,500, dividing that by 3 means I should save #37,500 on a monthly basis to achieve my goal. Looking a this I could easily say I want to save #40,000 instead and following the calculations will lead me to #480,000 (approx. $1066.66) which is $66.66 higher than my proposed goal!
Make use of high interest savings account and investment platforms: This is could be the biggest tool I plan to use in achieving my financial goals. As with platforms like these, I can enable instant savings withdrawal on pay day, get massive saving interest rate that can be compounded monthly, limit access to savings, get bonuses for saving monthly among other things. The actual platform I am going to be using called piggyvest because of the fact that it contains all these packages in one simple app. I also plan to limit my usage of conventional bank accounts and stick to these upcoming online banks and micro finance banks that don't charge most of exorbitant fees that conventional banks charge and they also give good interest rates of up to 2% as compared to the 0.001% given by conventional banks!
Reward myself as I achieve my goals: With this I hope to give myself positive reinforcement for achieving my goal. As this is not usually in my character this could possibly be the hardest thing on this list. Growing up in a home and a country where most achievements are taken for granted; I hope to break the norm, reward myself for goal accomplished and continue to push myself towards greater heights!
Honorable mentioned
Increasing my income: While I don't have a definite plan for this I'm looking into building rental property as it is quite easy to buy a land and build houses in my country. If you have any suggestions as to how I can increase my income While working a 9-5 job please feel free to comment down below.
Well then these are the things I plan to use as stepping stones in my way to financial freedom, I will also be sharing my progress in hopex that it motivates others to do same. Hope you join me on my journey and it spurs you to do same or spurs you to do better if you are already on your way! Stay Blessed!
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How to break into real estate with the least amount of money possible
I always thought to get involved in real estate, you either needed a real estate license or a ton of capital for investment properties. I knew acquiring a real estate license would require more school, which I am not the best at. And being a college student, I did not have the capital for any investments. The only thing I did know was that I wanted to be in the real estate space, and that was when I came across real estate wholesale.
What exactly is real estate wholesale? It is essentially drop shipping properties and very minimal capital is required for this business model. You acquire leads from the state tax records. Usually these leads are going to be people who have missed payments on their mortgage or utility payments. With that being said, no, these are not going to be the attractive properties you see on Selling Sunset. You then reach out to the homeowners on the list. You could either cold call, or send SMS blasts. The most efficient and effective way for first contact with these homeowners is SMS blast. After you have vetted them over texts, it is now time to pick up the phone and negotiate a price for their property. You offer them an all cash, as is offer. This entire transaction will be handled off the market, so the seller would not have to pay commission fees or closing costs.
Once you have gotten the property under contract, you have a due diligence period. During this period, you find the actual end buyer for the property and mark up the price so the end buyer is buying for more than what you got under contract for. The buyer will set up an inspection and you coordinate it with the seller. Once the inspection is cleared, you are able to move on and collect the difference at the closing table.
Let me break down a scenario so it makes sense:
1. I found a motivated seller through SMS blasts
2. I negotiated a price for $150k cash with the seller
3. I ran comps on the property and found that similar properties were selling for $165k in the area
4. I marketed the property to hedge fund buyers and got an offer for $160k
5. An inspection took place and came back clear
6. We were clear to close and I got to collect the $10k difference.
So how did I find this space and what was my journey like? One of my close friends introduced me to Beni Fwelo, a real estate mogul. He offered me a job at his company as a disposition agent. My role was to market to buyers. Any time our acquisitions team got a property under contract, I had 9 business days to market to buyers. I was also in charge of setting up the inspection. This part can get tricky because the buyer could always come back and price cut their initial offer due to things the inspection revealed. After they would reduce their offer, it would affect our initial spread, so I would have to convince the seller to come down on their price. My position requires a lot of persuasion. I would have to persuade the sellers to take a price cut. I got so good at persuading and getting sellers to agree to my terms that I was promoted to the director of the disposition department.
I plan on using real estate wholesale to fund my real estate investment opportunities. My strategy is to keep wholesaling until I have the capital to invest in fix n flips. Use the capital from fix n flips to invest in rental properties. Then use my rental properties to eventually invest in apartment buildings. This is the exact plan Beni Fwelo implemented, and modeling greatness with a mentor can get you there in half the amount of time it would usually take. All this goes to say, there is not one path to getting involved in real estate. There are so many avenues available at your disposal, it just takes getting to know the right information and the right people.
#realestate realestateinvesting realestatewholesale fixnflip rentalproperties how to makemoney#businesstips
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zemana antimalware free review
Have you seen those infomercials about buying houses with "No Money Cutting?" They are really well attained. They have all kinds men and women offering great testimonials about how precisely exactly they have gotten rich, buying rental properties, with absolutely get out with the pocket. You observe this guy, standing on a street corner, talking to someone, and then he says, "I own that one," pointing to a tasteful colonial. "I also own that one next to it, along with the one two doors down, and I'll be closing regarding the one directly across the street from it, next seven day period." He then assures us that he has purchased 17 homes in since eight or ten months, with zero money on the capabilities. Plus, in many cases he's also paid no closing costs.
You ain't ever gonna get rich selling $20 items. Seriously, include some higher priced goods and services in your marketing. You less sales, but more profits. You will not know when they sell if you try! But don't fall into the trap of selling any old thing when you get an excessive commission. Integrity is important, too.
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Beginner's Guide To Real Estate Investing
Making connections with other investors should be the first step in real estate investing for beginners. Networking with other investors who share your views can be beneficial because you can exchange financing, deals, and accountability. After all, the business of real estate entails the purchase and sale of actual estate. You must research numerous sites and offers. When you locate one you like, you must act quickly to buy it. When you're trying to start something, time is of the essence.
A secure, low-risk approach to get started in the real estate business is to invest in multi-family properties. America as a whole is dealing with a housing scarcity, which has pushed home prices to record highs. Moreover, there is a persistent need for multifamily housing because the U.S. population is expanding faster than the supply of homes in the country. In practically every market in the United States, multifamily properties are available.
The fact that the investment is comparatively risk-free is another advantage of multifamily housing investments. The Great Recession of 2008–2010 caused many Americans to lose their houses, leaving them with little choice except to rent. For many others, renting was a temporary solution while they rebuilt their credit. Furthermore, housing is a constant necessity for individuals. Additionally, more people move into rental housing than single-family homes during economic downturns. The COVID-19 pandemic halted migration during the most recent recession, but multifamily rent revenues persisted.
For those just starting out in real estate investing, budgeting is a crucial part of house flipping. Use the Pi to multiply your existing budget by five to find the maximum amount you can afford to spend on a particular piece of real estate. Then you can search for homes within that price range. To find a house you can afford to flip, for instance, you can search short sales, foreclosures, and auctions. The finest ways to buy and sell a home might also be recommended by a real estate agent.
Having enough initial funds is crucial for beginners who plan to flip homes. Although you would believe that flipping houses is a simple method to make money, it takes time. You'll need to be patient and have your finances in order. Finding a home you adore is important because purchasing a house is not an overnight process. Additionally, you must pick the appropriate characteristics. Along with a real estate lawyer and accountant, you'll also need a group of investors and contractors. Having the right financing is crucial whether you're investing in a single home or a whole portfolio. You will require a construction loan or a home equity line of credit. You can also get a personal loan to improve and repair your home.
It's crucial to comprehend how syndication functions before you contemplate it for novice real estate investors. Since syndication involves a third-party investor as opposed to typical real estate investing, you should anticipate paying taxes on the sale proceeds. Syndication businesses are frequently governed by stringent laws and regulations. Before determining whether to invest in syndication, you should thoroughly assess your situation and risk tolerance.
A fee is paid to a real estate syndicator for managing the deal. The standard fee is from 1% to 5% of the deal's value. Depending on the unique circumstances of the indicator, the fee may be flat or negotiated. Be mindful that these fees may deter other investors from making investments. Select a syndicate with a track record of profitable transactions and portfolio management to reduce these expenses.
You might be wondering how to begin purchasing vacation rentals if you are new to real estate investing. The secret is to begin modestly. Purchase of a single-family house is the safest method to get your feet wet in this market. To receive the guidance you require, you can speak with investment advisors or access a website like RealWealth.com for free. Whether you want to buy a cabin in the woods or a seaside property, do your homework and establish a budget first.
Prior to getting started, it's crucial to keep in mind that short-term rentals are distinct from long-term rentals. You will therefore need to get your rental property ready for each visitor. You might even wish to serve breakfast to your visitors in some locales. Make sure you have a person on hand to respond to inquiries from visitors. Additionally, you should employ someone to manage your marketing and maintenance. While some of these duties may initially seem difficult, the majority of them may be automated.
Diversifying your portfolio by making investments in REITs is a wonderful idea. Each REIT specializes in a certain sector or business, and the funds are frequently utilized to finance real estate. The Securities and Exchange Commission (SEC), which oversees most REITs, mandates that they publicly disclose significant information and earnings reports. Therefore, you may maximize your financial gains by staying current with market trends.
You should look into the management team's compensation in addition to the REIT's track record. Is the management team motivated to focus on maximizing investor returns through a performance-based incentive? A performance-based pay plan might be a better option for you if this is the case. All of the REIT's risks and costs should be taken into account in the investment plan. To find out more, visit the REIT's website or get in touch with an investing advisor.
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From Veteran To Real Estate Millionaire: Gervon Simon with Jay Conner
https://www.jayconner.com/podcast/episode-73-from-veteran-to-real-estate-millionaire-gervon-simon-with-jay-conner-the-private-money-authority/
Key Takeaways:
Funding your deals without using your own money
How to Become a Millionaire in three years
Perfecting the BRRR method: Buy, Rehab, Renovate, Refinance
How to find real estate deals before your competition does: be a realtor
Veterans can get multiple VA loans,
Lessons learned: Have a margin and learn to say no—nothing ever goes according to your budget plan.
Don’t let your emotions decide—the math should make the decision.
Advice for new investors: partner in some way or form, especially with someone who knows what they’re doing.
Don’t wait to buy real estate. The number way to be on the winning side is by owning properties.
Gervon Simon is the founder of GQ Home Team, a real estate company that buys/sells homes.
Within just 12 months in business, in 2021, they sold 61 homes worth over $30M.
On the side, he has also stepped into real estate development, and since 2020, he has flipped 10 properties.
Gervon is a military veteran who attended The United States Military Academy at West Point, from 2013 to 2017, where he played football and graduated with a degree in business management.
During Gervon's time serving as an officer in the Army, he had to gain the trust of many different kinds of individuals to be effective at his job.
Today, he draws upon this experience when he works with his real estate clients, and he is dedicated to being transparent, honest, and encouraging each step of the way.
Gervon has had the opportunity to work with several clients in a variety of circumstances, whether the clients were purchasing their first home, selling their home due to hard times, or relocating from across the country for a military move.
He faced many different situations and challenges, and each time he’s been able to empower his clients to accomplish their goals. In addition to helping his clients with their real estate endeavors,
Gervon also invests in real estate on his own, and in 2018 he purchased his first 2 rental properties.
Timestamps:
0:01 – Get Ready To Be Plugged Into The Money
0:17 – Today’s guests: Gervon Simon
2:13 – How Gervon Simon Gets Started In The Real Estate Business
5:51 – How Do You Fund Your Deals Without Using Your Own Money
7:10 – Jay’s Free Private Money Guide: https://www.JayConner.com/MoneyGuide
8:31 – How To Become A Millionaire In A Span Of 3 Years
11:37 – Perfecting the BRRRR Method
14:06 – How To Find the Best Real Estate Deals Before Your Competition Does
16:25 – Veterans Can Get Multiple VA Loans
19:03 – Gervon Simon’s Early Struggles And Lessons Learned On His Real Estate Business
21:53 – Best Advice For Brand New Real Estate Investors
25:47 – Connect with Gervon Simon: https://www.TheGQHomeTeam.com
26:01 – Team Website – https://www.GQHomeTeamWA.com
26:29 – Parting Comments from Gervon Simon: Don’t Wait To Buy Real Estate. The Number One Way Of Being A Part Of The Winning Side Is Own Real Estate And Collect Assets.
Private Money Academy Conference:
https://www.JaysLiveEvent.com
Free Report:
Join the Private Money Academy:
Have you read Jay’s new book: Where to Get The Money Now?
It is available FREE (all you pay is the shipping and handling) at
What is Private Money? Real Estate Investing with Jay Conner
Jay Conner is a proven real estate investment leader. He maximizes creative methods to buy and sell properties with profits averaging $67,000 per deal without using his own money or credit.
What is Real Estate Investing? Live Private Money Academy Conference
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#jay conner#real estate investing#real estate#private money#flipping houses#real estate investing for beginners#youtube#raising private money#privatemoney#realestate#Youtube
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