Posts Tagged“condos”

How to protect your rental deposit

Photo by CC user AlexiusHoratius on Wikimedia Commons You might have to pay a sizeable sum as a deposit when you move into a rental home, and you’ll no doubt want this money back when you leave. Landlords are required to protect tenants’ deposits and to return this money as long as the terms of tenancy agreements are adhered to, but they can make deductions due to the non-payment of rent or damage caused to their properties. Most tenancy agreements state that properties have to be returned in the same condition they were let in, but there should be a clause…

Designing a Granny Flat

If you’re planning to convert rooms so that an elderly relative can live in an adjoining, self-contained flat, you need to ensure it will be ‘user-friendly’ and fit-for-purpose. Here are some areas for consideration. Access While the person in question may be spritely for their age when they move in, this won’t always be the case, so if the flat is accessed by many stairs, this may cause difficulties in the future. If the staircase is wide enough and your budget allows, a stair lift could be installed. At some point the occupant may need to use a walking aide…

The Difference of Retiring Rich

A news report recently announced that if the UK does not invest an approximate of 90,000 homes for its aging population in five years’ time, there will be a housing crisis. Other countries are also having dilemmas in managing the accommodation of their seniors. Aging is a part of life that is inevitable, but often people fail to plan for it effectively. Nobody, however, wants to be the old man or woman squatting in their son’s or daughter’s basement twenty or thirty years from today. In fact, nobody wants to reduce his life quality when he retires by going to…

How to save thousands of dollars when staging a condo!

We’ve got a great tip for you today! Staging a home can be a very costly endeavor, but there are ways to save big on the costs. You can even make money from doing it! 1. Sell your condo furnished People think that they can imagine a space, but in reality, most can’t, and you’ll fetch a much higher price for your condo if you stage it if it’s empty. The best part is that you don’t need to just rent the furniture and have a big expense with no return on it. You can buy furnishings for reasonable prices and mark it…

Is investing in a condo with a hotel program a good idea?

Recently, a friends of yours has been extolling virtues of owning property in a hotel complex. Luxurious weekends and holidays, easy income from total strangers … all that jazz. It all sounds too good to be true, as you have been burned by so-called easy money schemes before. However, after a bit of research and a couple of hours of sober second thought, it sounds like it might be a great concept after all. Is investing in a condo with a hotel program a good idea? In this post, we go over some pros and cons that you weigh out…

Benefits of buying instead of renting

With the American real estate market beginning to show signs of ascending from the ashes of the spectacular crash it suffered seven years ago, and as the economy finally begins to supply the employment that will give this recovery the legs it needs to sustain itself over the long term, you might be pondering entering the game yourself. You have begun to tire of having a landlord, and as such, you have begun to mull over the benefits of buying instead of renting. Here are some excellent reasons to kiss your former feudal lord goodbye… 1) Decorate and modify your…