After several decades without the multigenerational home, GenXers are bringing it back to the U.S.. Gen Xers are actually buying homes to share with their adult children. These days, one in six Gen Xer bought a multigenerational home. Over half of the Gen X homebuyers that bought a home specifically to accommodate a multigenerational household say that they bought the home because their adult millennial children either were never able to move out or had plans to move back home. These are the results of the 2019 Home Buyer and Seller Generational Trends research from the National Association of Realtors.
You can save money as a home flipper right now. All your overhead counts against your ROI if you are a home flipper. This includes everything from new siding to the cost of travel. Some things you should cut cost on, but there are plenty of ways to save money without cutting corners. Here are five easy ways to save money as a home flipper immediately. Realize you can negotiate with vendors, then do it. Look, you don't have to accept the first price you are quoted by your vendors for goods and services. They're in business too and they
Nashville, Jacksonville and Atlanta are among the best cities in which to start a business, according to the Winter edition of Inc. Magazine which published a list of the 50 best "surge cities." Surge cities are metros that are considered startup-friendly. In other words, these are great cities for entrepreneurs. The analysis examined high-growth company density within each city, the rate of entrepreneurship in the city, the city's population growth, the city's net business creation, the city's wage growth, job creation statistics for the city, and early-stage fundraising deals offered to entrepreneurs in the area. The analysis claims that in
Planting bulbs in the yard of your rental property can help keep the landscaping looking nice with minimal maintenance for most of the year. Bulbs are hard to mess up, so you don't need an especially green thumb. They're also very economical too. Planting bulbs allows you to have hassle-free flowers each year. It also makes renters feel like you go the extra mile to make the property nice. Now, the hardest part of planting bulbs is planning on where to plant them. You will want to clear out an area of a flower bed or along the driveway or
If you're living in a house you intend to flip, do you know how much insurance you should have as a homeowner? Obviously, you will need enough homeowners insurance to replace the home if it were destroyed in a fire or a hurricane, but what else do you need? Make sure that your belongings are also covered. Your belongings like jewelry, clothing, art, and other items might cost more to replace than a standard homeowners insurance would cover. This is not including any updates you've already made to the home like granite countertops or new appliances. Be sure to take
Want some tried and true tips for creating an ambient and lovely outdoor space that buyers will love? Remodeling Magazine was just one of many that seem to estimate the average return on investment for having an outdoor kitchen installed is shockingly high. The ROI could be even more significant if you know how to install an outdoor kitchen yourself. Ideally, outdoor kitchens feature a pleasing, concrete or stone patio and a separate area for dining. Gazebos and pergola also make the outdoor kitchen stand out to homebuyers. A pergola will add value to any house. ROI after having a
New freezers have self-defrosting features, but old freezers need defrosting sometimes. If you've purchased a new property with an older freezer in the kitchen, garage or basement, you might want to extend its life a little bit. If it's frosted over, defrosting it can add some life to the machine while you wait to get more energy efficient models. Since this is a new property, you won't have to worry about finding a place to store your frozen food. Normally, that can be the biggest hassle. If you've just purchased a home with food still in the freezer, just toss
Virginia Highland, or simply VaHi to residents that live there, is one of Atlanta's most vibrant areas. It combines small-town charm with the perks of living in the city. Virginia Highland is found east of Ansley Park right near downtown. This neighborhood has four separate and distinct villages that are all connected into a very walkable overall neighborhood. Virginia Highland is considered one of Atlanta's most sought after neighborhoods, so if you can find an investment property in VaHi that you can either flip or turn into a rental, you'd be in luck. Some of the homes are over 100-years-old
Two of the top markets for home flipping happen to be in our area of service for hard money loaning. Both Florida and Tennessee are among the top markets for house flippers. That means that the average time to flip, the average profit, and the average return on your investment will be best in these markets. Florida's House Flipping Market Florida has year-round warm weather and residents don't pay income tax on their earnings at the state level. One of the best cities in Florida for house flipping is in north Florida. House flippers in Jacksonville do very well, according
Landlords marketing to Millennial renters face new challenges. For example, most Millennials get almost all of their information from social media. As a lessor, you simply must have an online presence that incorporates a variety of social media platforms to fully market to millennial renters. Don't simply post an ad online on Craigslist and think you have your online presence covered. It important to post to Craigslist, of course, but that shouldn't be your only online presence. Instagram is an incredibly useful online marketing tool. It's a generational favorite. Also, don't merely post a photo and your information to Instagram.