Browse Author by Wilfred Mayo
Investing

Mistakes People Make When Investing in Real Estate

investing in real estate

Investing in real estate is a big financial step for anyone. It is the right thing to do since real estate is a gold mine. But as you invest, your only thoughts should be on making profits. While you could make a few losses here and there due to inevitable circumstances, it should not be out of avoidable mistakes.

Common mistakes when investing in real estate

1. Leaving out the risks

For the money being made in real estate, it is easy to forget the risks that come with it. People only see the opportunity to make big money and therefore ignore the risks. This is foolhardy because the risks will always come. And since you ignored them, they will take you by surprise and you cannot get out of the fix.

2. Focusing only on one property market

It is true you may have a favorite real estate market you would want to invest in. But it does not mean that is the best market for your money. Many people, while investing in properties, only focus on a certain market. You are closing your doors to other better opportunities. You should widen your scope, and you will find a good deal that you did not know existed.

3. Rushing the deal

real estate costsIt is normal for you to want to close a deal as fast as possible. But this should not be at the expense of the protocol that should be followed. After rushing a deal, you will regret how many things you missed out. And they will haunt you in the future. Take time to do the important things before you can close a deal. It does not make sense to pay less for a property only for you to lose it due to fraud.

4. Overlooking important costs

One popular mistake people make is overlooking the costs of properties. They believe that the price of the listing is all they need to pay to complete the deal. That could be one regrettable mistake. There are other costs such as property transfer cost, realtor expenses, and legal fees among others. You should factor in all these costs before leaping.

5. Ignoring documentation

Many people will cry foul after being conned of their property. When you go deeper into it, you will find that paperwork was ignored. It is easy for people to come up with fake papers but you have to be vigilant about the same. Getting legal help would be the best step towards ensuring proper documentation. Nothing sells unless it is properly documented.

6. Poor timing

In real estate, there are peaks and off-peak seasons. While it is important to know them, you may have to do a better timing than relying on this present times. Timing is everything in the property market. With poor timing, you can spend so much on the bad property or sell your property for way less than its value.

Avoid these real estate mistakes, and you could be the next big name in this niche. It easy to always close a good deal if you keep your eyes open.…

Staging Tips

Bedroom Ideas to Make Your Home Look Bigger

bedroom design ideas

Space is very crucial for your home. If you lack it, it will never feel like you are home. But it is not always possible to get the space you want in your home. With more people putting up homes, space is becoming a rare commodity. But it does not have to be real space to make your home feel big. You could use the illusion of space to your advantage and achieve your space needs.

Out of the experts’ secret box, these are bedroom ideas to make your home look bigger:

Use light color on the flooring

For the color scheme on your flooring, go for a light theme. If you cannot remove your entire dark wood floorings, you should buy light colored rugs to make your bedroom feel bigger. This is an old trick that homeowners use to make their home space feel big. And does not have to cost much you pull it off.light bedroom color

Clear the clutter

With so much stuff on your bedroom floor, it will feel stuffy and suffocating. You will never feel your home big enough. If you want to achieve the illusion of space, get all the unnecessary stuff off the floor. You can install a cabinet to keep them. With clean and clear floors, your home will feel big.

Make use of the vertical space

You may not have much of floor space, but you can for sure compensate that with the vertical space. Put up cabinets that stretch from the floor to the ceiling. You can have a few decorations using the vertical perspective. At the end of it all, you will take away focus on the small floor space and instead see the vertical opening.

Use more mirrors in your bedroom

A big-sized bedroom could use one large mirror. But with a smaller room, you can have more mirrors. Have a mirror over the dresser, one on the closet door and another over the wall. With more light, you will see your room getting bigger.

Keep the same treatment for the wall and windows

With a large room, you can contrast the window treatment with the wall decoration. However, a smaller room will appear even smaller if you use this old trick. To create some sense of space, match your window treatments to the walls.

Keep away furniture

bedroom improvementApart from your bed, you should keep off other kinds of furniture. With a bedroom filled with furniture, you will always have a problem with space. Take away all the furniture from your bedroom. Have some space to dress up and walk around your room. If you have to, only keep furniture that leaves open space with their legs.

It does not have to be actual space that will make your home feel bigger. Getting creative with a few aspects will give you the illusion of space. It does have to cost a dime to achieve that. You can do most of the ideas on your own to give your bedroom the feeling of an open space and your home will always feel the right size.…

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Rambling House Bar Restaurant

Welcome to Rambling House Bar & Restaurant
Woodlawn, New York

Serving Daily*

Lunch 11:00 am – 3:30 pm

Early Evening Special 3:00 pm – 6:00 pm
*Monday through Thursday

Dinner 3:30 pm – 11:00 pm

Late Night Menu until 2am

Sunday Brunch 11:00 am – 3 pm

DJ every Thursday, Friday, Saturday, and Sunday

Complimentary Valet Parking

Gift Certificates Available

Private Parties Welcome!…