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eatmangoesnekkid · 1 month

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I don’t live my life thinking a lot about money, trying to ‘get’ more money, or not having enough money yet I am not motivated by money either. The act of receiving more money does not make me rush to hurry up and finalize my books or open up my school. I can’t remember the last time I worried about money because having money is an intimate frequency and energy of FREEDOM. You have to break the frequencies of constantly penny-pinching, being stingy, allowing how much money you have in the bank to dictate your mood or living afraid to buy the very things that you need that will expand or evolve you, which is not the same thing as shopping all the time as a coping mechanism for being human, incurring consumer debt or being irresponsible and reckless with your money. And your life force will never thrive when you are a slave or prisoner to money.

The Practical and Spiritual Journey to Making More Money —You Must Enlist Your Warrior and Your Energy

You have to look at earning money like a game and enjoy growing your money and playing the game or else you never win. Not just saving or hoarding it away in your bra but allowing your money to work for you while you sleep like putting it in stocks. I have a degree in Accounting and have always believed that women were born to be skilled in financials but we are socialized to perceive ourselves not. But when you were born with a womb, you are naturally gifted at multiplying a seed into something much larger and intelligent like a whole baby. You are a natural amplifier, nourishing and growing what has been received. Be willing to look into investments and not be afraid of accumulating “healthy debt” and learn to move your money around in order to grow it. Look to investing part of your earnings into different funds, even if it is just cutting back on buying coffee and putting that money you would have paid for a daily coffee into a savings that will accrue and be used to invest in the future. If you already have cash flow, getting rental property to airbnb or sell (everyone I know that is quietly wealth-oriented owns at least 2-3 homes) which can be overwhelming to think about when living pay check-to-pay check but just beginning to think about how you can earn more money from your own money passively gets the ball rolling in your consciousness like what would it be like to open up a laundry mat, build it up and sell it in a few years for huge profit? Laundry mat ownership is such a fast lucrative business, just like what you see in the hood in movies. Or buy a raggedy house, build it up and sell it for a higher cost and incredible profit. Some of you straight and bi women entrepreneurs who are ready for good lovers must find love and attraction with lovers who are builders and handymen and can help to upscale and modernize your home that you can then resale for great profit and stop messing with dusties who have zero skill sets and create more stress on your life. 🙏🏿 Because when you live a highly stressful, parasympathetic, flight or fight life, the first thing you lose is your sexual desire or libido i.e. your umlimited creative power. No thank you!

If you have a spiritual business like me, you can do deals underneath the table but also work towards a LLC to legitimize your company which gives you tax breaks and allows you to earn more money. Something about going through the channels to make something official moves it from just being a hobby to a legit business. As magical spiritual woman, your power move is to attract someone willing to invest in your work as a start-up. If you do, you must cherish this person, love this person with all your heart, hips and soul (if the relationship is romantic but of course it can also be platonic or familial, either way, love this person), adore them deep and true. The person, this angelic being, this God, is saving you massive stress and headache. Their presence in your life serves a larger purpose —you must help them to understand this because our world teaches us to be so fearful and suspicious of being helped or helping someone rather than gracious and honored. Too many people are missing out on great blessings of interdependence because they live afraid and suspicious of the big heart of another human. So sad that many amazing beautiful people are stuck in their little corners hoarding away and missing out on healing, thriving, and experiencing the gifts and/or talents of another human because of how we have been wired to perceive the desire to meet one another’s needs and desires by status quo culture. To be a woman who can love someone in ways that relax their body so deeply that they can finally get out of their head and rest well and regenerate their tissues at night is incredibly priceless.

**This is not the same thing as looking for a handout, walking around broken like the world owes you something or hoping someone will help because you tell a victimization story. It is about being mature and resourceful and consciously manifesting what is needed and not simply what would be cool or cute potentially through love and loving.

But not every woman is ready or qualified for the aforementioned experience because you do have to develop skills that will be greatly useful, nourishing, nurturing, decompressing, relaxing or expansive or beneficial in other ways to another person. You can’t just be attractive or whatever. You have to be a woman who has developed a certain ease and peace in her body and life first and and that is what joining my school and online temple will help you master. And I personally believe you must also really love someone if the harmony is right because 1. love is incredible and healthy for the body to experience for however long it lasts 2. love is essential for the brightest sustained outcome. I’m not talking about the “sprinkle, sprinkle“ foolishness being promoted online. I am advocating for more love between people and all that comes with truly loving someone.

Be so skillful in your mature womanhood that you don't run from challenges, but face and engage them head on, and refine, recalibrate, and evolve beyond them. Never lose the boundaries that you are running a business albeit a spiritual one but still a business. Stay devoted and disciplined, both are essential. Work towards hiring people who can help you scale and grow eventually.

The Spiritual Journey to Making More Money—You Must Invoke Your Lover

The key to having more money is to learn to surrender and trust and truly allow the universe to be your provider, which is not an intellectual idea but a frequency of feminine energy. This is less about gender and more about the willingness to live a little bit beyond the egoic surface layer of reality of urgency that tells you to hurry and produce, to hoard or take or trigger you to constantly need to check off a to-do list, always needing to plan or to cross your t’s and dot your i’s which will allow you to buy that nice house and cute car eventually, but could greatly inhibit your energy from flowing where you never really can feel the joy of a simple moment pulse up your spine because you live in stress and overwork for external things that never make you fully truly happy.

No matter what stage of life you are, the undercurrent of your reality must feel like more relaxation and freedom if you want to have more money but not exhaust yourself in rigorous pursuit and constant labor for it.

I had to learn to draw in the frequency of freedom—to laugh at myself, to play, to rest, to relax, to do silly shit like twirling throughout my day —when life was very stressful, drama was high, and money was low. Neighbors would see me twirling. I would sometimes twirl for customers whose shopping totals were over 200 dollars. Because changing frequencies or weaving new realities is most potent when life is hard. You have to discover strategic ways to do the things you really want to do in life but was told you couldn’t afford. You must also have this hunger and desire to play the game of life to win while laughing at yourself along the way as you refine more and more and develop intimacy with the currencies of relaxation, love and freedom, which naturally include having more money.

But do not just copy and paste and take from others. Give. —India Ame’ye

Keep me away from the wisdom which does not cry, the philosophy which does not laugh and the greatness which does not bow before children.

Kahlil Gibran, Mirrors of the Soul

Chapter: The Money Drop (unedited)

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mbta-unofficial · 7 months

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If your city is a Brand, it’s already too late

Long post time. What is it that drives gentrification? Also, what is gentrification? Is it when a city gets blue hair and pronouns? No, it probably already had those.

Gentrification is the result of concentration of wealth in the hands of business owners, including landlords, over and above the hands of residents.

Let’s start with rent. Rent, like any good, is priced according to the laws of supply and demand. Supply of available rental housing is primarily determined by construction costs and estimated return on investment for new construction, and property management costs and estimated return on investment for existing units.

Breaking that down a bit, the higher construction costs get the higher the rent needs to be to break even on new construction. Construction costs include labor (which can always go down but you want it high for moral and practical reasons), materials (highly variable depending on the project) and bureaucratic costs. A bureaucratic cost is a cost that is based on how projects fit into the legal and practical environment, and are usually non-negotiable. Dig Safe, a program which requires three days of surveying local records before breaking ground, is an example where the function is to prevent crews from flattening a neighborhood by puncturing a gas main. Environmental Impact Statements, Fire Codes, Habitability Guidelines, and other regulations increase costs to projects. These programs are good and need to exist, but do stop smaller projects from happening at all because the capital investment required just to actually break ground on a new house might cost as much as the land and materials put together at which point you might as well build another 120$/sqft luxury midrise.

Property management costs for existing units are largely dependent on age and wear. A unit with no occupant is going to depreciate little, and may also appreciate in value. Depreciation and appreciation here are sort of unintuitive because they can happen at the same time. Imagine an old luxury sports car with a high resale price. Driving depreciates the value because it’s literal condition is poorer, even as the resale value goes up over time. The appreciation needs to beat both inflation and the value of depreciation for it to go up in real value. For companies with large capital holdings however, losses such as through the upkeep of empty apartment buildings are useful to a point because they reduce these organizations’s tax burdens. A company that makes a killing on the stock market only has to pay taxes if they keep it: if they buy houses they then don’t rent, they can claim they “lost” their stock market earnings with “bad investments” and then pay no tax while saving the real estate to rent later. Again, this favors the largest possible projects and the largest possible operators because small companies can be killed by an unprofitable quarter or 4 while large ones explicitly benefit from unprofitability in reducing their tax burden.

Expected ROI is the final piece of this, which affects both new and existing units. Every private developer and landlord wants to make as much money as they can, unless they are explicitly are renting as a service. An example of renting as a service would be families, who will rent to each other at favorable rates or for free, privileging people with large and/or wealthy families that are friendly with each other. Now, ROI is also subject to supply and demand. Everyone wants to build 120$/sqft luxury apartments but once everybody does nobody can sell/rent for those prices without setting a price floor and waiting for buyers to catch up. If you are a small developer, you can’t afford to do this. Your expenses will eat you alive. If you are a big developer, though, those expenses are offsetting the gains you make and serving to reduce you tax bill. Units at prices nobody can pay are effectively furloughed, meaning off the market, and, so long as they remain cheap to maintain, will remain that way, artificially restricting supply. It doesn’t matter if it’s for sale or not when it’s at a price you can’t afford. (Sidebar, anyone who tells you that the minimum wage depresses hiring because it artificially restricts demand is lying to you. It’s not strictly false, but like the above it’s a multi-variable equation and blanket statements about cost of labor are aimed at killing wages.)

What this alludes to also is a need for greater income equality. In order for rental to be a competitive option with furlough, not only does the price of furlough have to be increased, the real value of wages have to be increased in order to create opportunities for people to splurge. This is a twofold strategy, of both increasing the rewards of putting units on the market and increasing the costs of keeping them off. If real wages barely cover cost of living, or don’t cover cost of living, nobody can realistically spend more real wages on rent regardless of the percentage of their income it is. (Real wages here refers to the political power implied by dollar wages. A dollar is really worth whatever it can be exchanged for, whether that is a candy bar or a square inch of a 144$/sqft condo) The real value of everything except time and land are also constantly going down because of constant improvements in manufacturing. The cost in acres of land and hours of labor of a pound of beef, a bolt of cloth, or a pint of beer have dropped dramatically in the last century. Unfortunately, land is one of the few things that remains in marxist terms uncommodifiable, because it cannot be fully abstracted from the physical properties that make it valuable and we can’t make more of it just by making a better machine. This means that as the real value of things goes down because of supply and demand, the value of land only goes up because the supply is hard capped. If the value of everything under capitalism must go down because of increased production, while the value of capitalist assets must go up, or the system collapses, it makes sense that land would become a fixed point in that equation, the marxist speed of light observable from all reference points. The best approximation of land as commodity is, what else, apartments, which make available as living space the empty air above us. Because production never stops, the value of everything but land must go down. Therefore, as time passes, the price of land, and hence the price of housing, must tend upwards. Therefore, in order for housing to remain affordable, real wages must grow. This is the opposite of what is currently happening, as real wages have gone down for decades.

This income inequality which is one facet of capitalism is not new. For as long as people have lived in urban areas there have been issues between the abject class, the working class, the ruling class, and the professional class, a four part distinction I will seriously argue for in opposition to a lot of marxist theorists. The ruling and working classes ought to be familiar, or at least self explanatory. However, the other two classes I identify, the professionals and the abject, are useful to this analysis because they fill both a racial gap in the primarily marxist analysis I put forward and identify the two most likely groups to rent, which is to say the worker who works to produce but owns without governing and the professional who works to govern but does not own. The ruling class both governs and owns, but its court is full of courtiers who are there to push various agendas from within the rule of law without per se producing. Likewise, the working class pensioner exists in opposition to the abject who is denied the opportunity or the resources to be productive explicitly as a means to manufacture a threat against which inter-class solidarity between the workers and the rulers is developed. The textbook nazi conspiracy theory about “elites” doing a great racial replacement picks out perfectly what I mean by both the racial character of the professional and the abject and their utilization to foster solidarity between your plumber uncle and Elon Musk. This is relevant to both the broad theme of gentrification and the narrow theme of rent because gentrification is a wedge issue that divides the working class and the professional class far more than its impact on any other. The working class’ disidentification with doctors, lawyers, PMCs and other yuppie types, as well as the professional class’ disidentification with union politics, illegalism, and radicalism in general is brought to firecrackers in virtually any conversation about gentrification which seems in passing to be more about tapas bars than about real politics. Likewise, these groups shared distrust of and disdain for the abject, who are explicitly labeled by the state as constitutionally guilty, is the basis for the very broken windows policing strategy that empties neighborhoods of minorities regardless of class. The Rent is Too Damn High, and excluding homeless people from the “working” working class is a big part of how we got here specifically because the interests of small time owners and small time government functionaries, carried to their conclusions, are necessarily self defeating. These two groups eliminate the presence of the abject from their spaces at their own financial peril.

In addition to class, there is also a specific historical movement that is crucial to the understanding of gentrification as it exists, which is the movement of factories in search of cheap labor. The United States is not a good place to find cheap urban labor. You build a factory and suddenly everyone complains about air quality and labor violations and you can’t just kill them because everyone has lawyers. You kill one (us citizen) organizer and the NLRB is trying to get you in court for intimidation. What’s the country come to? But a shipping container costs a quarter cent per mile and the goods aren’t perishable so you go to Guangzhou or Cape Town where you can kill union bosses in peace. But for the American city, that’s a loss of what once made land prime real estate. What jobs can replace the insatiable demand for labor that a 24 hour paper mill once produced? Service labor, which crucially is site specific and therefore not outsourceable, is what the US has predominantly turned to. (and arms manufacturing which is not outsourced for very different reasons) However, service labor is only in demand if there is already a stable population that can be served, which requires a constant influx of capital holders in demand of service. This is why Airbnb exists and is hollowing out rental availability, why Boston as a college town is the way it is, and why there are in fact so many damn tapas bars. Fred Salveucci talked about being able to go north of the expressway in the 70s and being able to get a plate of mac and beans for half a buck. I went looking for a 5$ slice of pizza on my lunch break today around Government Center and found two places that were boarded up and ended up spending 20$ at Chilacates. Cities are being slowly turned into Cancun, complete with the fences to keep out the homeless.

What can be done about this? Obviously the factors we’ve discussed that favor consolidation of housing are mostly either contained within a gordion’s knot of tax policy or intrinsic to capitalism/goods as commodities. But, given that we narrow our objectives to making the rent lower, some obvious weaknesses jump out: increasing the cost of vacancy forces units out of furlough, because companies are no longer able to justify the losses, and increasing real wages increases the availability of capital for workers to spend on rent. These are the prongs I talked about earlier.

Legal means to pursue each prong exist. Both a minimum wage and a maximum wage, depending on their implementation, can potentially increase real wages, and vacancy taxes directly increase the costs of vacancy. The government can also ignore the market and directly mandate maximum rents within certain parameters. This tends to decrease the long term supply of housing for the reasons discussed at the outset, given that if the revenues from house building don’t cover the costs of building, less gets built. However, any political movement that exists exclusively within the white lines of the law fails to genuinely threaten change. Landlords, like bosses, break the law constantly with the impunity that a lawyer provides them against consequence. This is why a healthy dose of illegalism is an important part of any effective political movement. The most direct action one can take is property occupation, or squatting. Squatter’s rights are nearly non-existent in the United States. The most leeway that any state grants to any unknown persons occupying a dwelling is 60 days notice to vacate the property, and there are states that allow no notice evictions or lack statutes governing squatting at all. Every single state regards the occupation of owned property as trespassing, meaning most kinds of squatting are prosecutable offenses. However, squatting, even temporarily in ways that don’t expose the squatter to liability provided they don’t get caught, can seriously impact the value of properties. You have heard of rent lowering gunshots. This is the serious version of that. At the same time, illegal action needs legal defense, both in terms of non-compliance with police to protect those willing to take illegal actions from arrest and in terms of legal, 1st amendment protected disruption to keep focus on the issue. The most effective movements have a radical wing and a institutionalist wing who do not acknowledge each other but share the same tactics and objectives.

If you are housed, you need to be willing to protect and support homeless people because they are your front line. Start or join an Occupy movement, where they are your peers in occupying a public space illegally in a way that is too public to prosecute. Give to people on the street, and smash anti-homeless architecture if nobody is watching. Be willing to distract cops if you see someone doing something dodgy so they can get away. Remember that following the law is a tactic, and so is breaking it.

The case for this being on my transit blog is arguably weak, but I felt compelled after a particularly hateful experience looking at facebook memes about homeless people on the T. You should want those people there. You should want those people breaking down the doors of luxury apartments and setting up shop. You should want them keeping your city safe because the cops you hire to separate you from them will train their guns on you next.

And for gods sake, don’t let your city become a brand. Branding is marketing. Branding is clean, and bloodless, and a gloved hand around your throat that leaves no fingerprints.

#long post

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graveyardhorror · 19 days

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THE BUSINESS YOU OWN TOGETHER

>SUPERSTARS MASTERLIST

➽────────────────────❥

DEAN AMBROSE/JON MOXLEY

-Interior design

-You two realized that you made a great interior designing team when you first moved in together, while he is great at planning the layouts of rooms and managing budget costs, you are the best at selecting pieces that match with the designated room's design plans

ROMAN REIGNS

-Real estate

-Due to you both having high incomes from working at WWE, you two decided to begin investing as a couple to grow financially, from flipping houses to owning multiple properties for personal and rental purposes you guys do it all

SETH ROLLINS

-Restaurant

-Naturally being foodies means that you guys love to not just go out and eat new foods, but also trying new recipes at home together, after some time of solidifying your cooking skills you decided to open a business where your specialties are served

RANDY ORTON

-Record label

-Being able to provide artists who are talented but lesser known and then turning them into great successes is something that you two have always dreamed of doing, by believing in an artist's art you guys are slowly changing the music industry one artist at a time

FINN BALOR

-Bakery

-What started off as a possible retirement idea turned into a present day idea for a business, you guys specialize in baking small treats and love to bring baked goods from your bakery to relatives and friends for birthdays and other special occasions

NEVILLE/PAC

-Sportswear

-Being athletes you guys always put a lot of thought on which brands to wear when exercising and training, creating sportswear that is not only great for sports but also inclusive and conscious was a great way to share with the world what your capable of

➽────────────────────❥

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tenaciousgay · 10 months

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Landlord bootlickers think landlords are important to the rental market because when they leave, the properties go off the rental market, as if the properties cease to exist, rather than being shifted to the sellers market and sold. This logic exists in a vacuum. The vacuum of pro landlord brain rot. In reality, landlords have taken property from the private sellers market, which otherwise would have been bought by people to live in, such as couples or familes etc, but instead have become part of an investment portfolio. This is where the propaganda begins. Landlord stans will claim that the landlord putting the property up for rent to be rented by, the family or couple or person who got outbidded on the private market by the landlord, is a good thing because it is providing a market. They will never acknowledge that the property has been horded, stolen right out from under the people who want to buy it to live in. Instead you get this cognitive dissoance about how the landlords are providing a service and we should all be grateful, and to never call out landlords on being scum of the earth when they pull shit such as putting a bed up on the market for rent, in a shared room, in a shared house.

They will never admit that by forcing a landlord to sell up, that it will be a net benefit to the rental market by reducing demand. That's one less family/couple/person looking for a place to rent and will be able to buy. That's a good thing, especially during this housing crises. There are too many people on the private rental market because they have no choice. They need a place to live, and the private rental market really isn't sutiable and the options are slim already. So this pro landlord propaganda rubs me the wrong way. Why should we bend over backwards to cater to them? Their apologists act like when a landlord enters the rental market that the property they are offering just spontaneously pop into existence! And extend that thinking to when landlords sell up, that the property ceases to exist. It's magical thinking, but I don't put that past much people in this country to be perfectly honest.

#greedy landlords #landlords #capitalism #ireland #irish politics #class warfare #propaganda #landlord propaganda #landlords are parasites #irish housing crises #housing crises #social housing #rent culture #housing should not be a speculative investment

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aleksa-sims · 5 months

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RL Story

N.'s Mom wanted to sell the house. That’s why she wanted to talk to us. She didn’t need such a big house just for herself and financially it didn’t make sense to stay there. She knew N. and I were looking for a new home for us and our Baby.

She asked us, if we want to move/ live, here in the house? If so, she won’t sell it. After all the house partly belongs to Nico but also to Melanie. For me, this was not an option!! I didn't want to live in this house. I am a city girl. The city's my home! Here, I would be lost and lonely. Nico has to go abroad soon. Sometimes he’s gone for months. I would feel uncomfortable & isolated here with our Baby. I need my family near me. I don't want to be alone. Not here!

Nico’s Dad joined us after a while. Melanie was pissed as usual because her mother wanted to sell the house. But she also did not want to live here and that Nico and I get the house, this she wanted to prevent anyway. 🤨

Melanie really has some serious issues! I’ve never met such an exhausting person like her. But she didn’t argue with me that day! 😶‍🌫️

Anyway, their Dad will buy the house and the money will be split between Nico, his sister and their Mom. This was perfect for Nico and me, because we needed 40,000 euros for the apartment we wanted to buy/rent. We had to pay 60.000. 😬

I talked to my Garma. She wanted to help Nico and me. So she and my Grampa gave us 20 thousand. That's all they had. My parents could not give me money for our new home. We're not rich!! My parents never put money aside for Ana and me, for our future or so. On the contrary! My Mom and Dad were in debt. They took a loan/credit 10 years ago, so that we could move into a nicer, bigger home .My Dad didn’t want this. He & my Mom always had a fight about it, but my Mom prevailed. I wanted to do the same, because Nico was not willing to spend 40,000 euros just like that. But I disagreed. It was about our future, a home for us and our son. If I have to, I’ll go to the bank and ask for a loan. 🤷‍♀️

But Nico said, NO! He’s extremely stubborn and stingy when it comes to his money. Just like my Dad! 😒

N.'s Dad has enough money, as far as I know. And he also wanted to support us financially. But Nico rejected his Dad’s help. He hated him! 🤷‍♀️

Somehow this bothered me. We needed the money and his Dad was willing to give it to us. Besides, Nico could have paid the remaining 40,000 himself. He got money from his new soccer club. They paid him a large sum in the summer and yet, he was too stingy to invest a smal part of that money in our future.😩He wanted us to look for a cheaper home, but the problem was, there was NOTHING!! And if, then the rent was too high!! The apartment I wanted, was new! A complete new building and just prfect! The rent was half cheaper than other rental homes. But that’s why it cost 60,000 Euros. Still, in the long term, this was a good investment. It was a mix of rental and our own property. Anyway, I persuaded Nico and we will buy it. Just....our new home was not finished yet and we could not stay in our current apartment. We had to move out before New Year’s Eve. So we were actually homeless for a some months.😬 But my Mom and Nico’s Mom had a "solution" for us. What exactly this was, I tell another time.

Previous/Next

#ts4 #sims 4 #sims 4 story #rl story #myrlgameplay

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reptilia2003 · 10 months

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one last thing on this and then i’ll shut up—it’s actually good for there to be single-family homes on the rental market, because it means that people who maybe don’t have the money or credit for a mortgage can still live in a single family home if they want to.

the person or company who owns that home is gonna make a lot more money renting it out (thousands of dollars a month more!) than just sitting on it and leaving it empty, so most owners are going to rent out their property. the idea that corporate landlordship is okay for renters of apartments but not for renters of single family homes is a weird one.

“actually, all corporate landlordship and actually landlordship as a whole concept is bad!” okay cool but until ye olde glorious revolution comes, that’s the system we have, and if you forbid corporate landlords entirely, then there will be no new housing built Ever because there’s no way for the company that builds the housing to get the money back. the average joe does not have the ability to finance the construction of an apartment building.

i wish we could decommodify housing! but that’s not gonna happen anytime soon so in the meantime we need a lot more checks on landlords (banning rent gouging and enormous application fees, stricter punishment for breaking the rules we have, banning no-cause evictions, etc) AND (sorry to belabor the same point as always but it is once again true) to allow a larger supply of units, because landlords have more incentive to behave well if it’s easier for a renter to move somewhere else.

one story to illustrate this point and then i’m done. I had a friend in college who had no hot water for two months and also a dead rat in her wall for a month. why didn’t the landlord take these issues seriously and fix them? because they had no incentive to, because there was a less than 0.5% vacancy rate in the town, because the town had built no new apartments for 20 years. so all the badmouthing to your friends about your shit landlords and all the bad reviews etc in the world would have no impact, because someone would still rent from you because they needed housing and it was so hard to find it. landlords (including these investment firms) WANT supply constraints because they can charge more money, grow the value of their investment, and not have to compete in a truly competitive housing market

#urbanism

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theambitiouswoman · 1 year

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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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gingerbeardmansim · 10 months

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Only two days after their honeymoon, Ace receives a call from his mom's brother, Uncle Oscar who lives in Tomarang. All he said was, "uh.. "oh, well Okay. I will talk to Beck" and then hung up.

BECK - "Who was that. Ace"

ACE - "Who was what?"

BECK - "On the phone, you said you would ask me."

ACE - "Well it was Uncle Oscar and I just told him that because... well I'm not interested."

BECK - "Interested in what?"

ACE - "He is selling his property in Tomarang, and wanted to know if we were interested in buying it. He has several properties there."

BECK - "Why wouldn't you be interested? I mean property there is pretty reasonable and it is a great scenic area, lots of tourists. It could be a good investment"

ACE - "They are rental properties, and I am sure they need some work. He has not been able to take care of them the last few years. Here he sent over some pictures..."

#ts4 #ts4rotationalgameplay #AceNBeck #AceTierney #BeckhamHightower #GaySims #GaySimblr #Tomarang

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naplesviberealty · 2 years

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#Best Property Management #Best Real Estate near Me #Cheap Houses for Sale in Usa #Cheap Apartments for Rent Naples Fl #Best Way to Buy Rental Property #Rental Property Good Investment

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strata-prop · 2 years

Link

Strataprop is a website that provides real estate investors with key information about the best real estate investing companies. The site offers detailed information on each company, including their investment strategies, recent performance, and contact information. Strataprop is a valuable resource for anyone interested in real estate investing.

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4. Finally, stay disciplined while investing and don't go overboard with your investments.

5. Real estate investing is a lucrative and growing industry. What is global real estate investment and why should you care?

The Global Property Investment market is steadily growing and has many potential benefits for both buyers and sellers.

Here are four reasons you should care about this burgeoning industry:

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2. The global real estate market offers a wide range of investment opportunities. From luxury properties to commercial properties, there’s something for everyone in the market.

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#Global Real Estate Investment #Global Property Investment #Good Rental Property

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realcleverissues · 26 days

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An actually great article on some issues with Kamala's housing plan.

tl;dr + my commentary:

$25k downpayment assistance only helps those who have enough money to potentially buy a house. i.e. helps the middle-to-upper class. (Assuming a home is a good investment compared to other options. More on that in a moment.)

Banning corporate landlordship has positive effects for housing for *buyers* but reduces supply for *renters*. This can actually lead to gentrification (as has happened in places where this has been tried). Iow, bad for lower-to-middle income earners. So, in short, those plans help the wealthy but harm the poor.

Fundamentally: Since housing is viewed socially as an investment, homeowners want their investments to maximize profits. This is one reason for zoning laws: Fewer homes make existing homes more expensive. That's precisely why the housing market is so high: not enough homes. Everyone's essentially bidding for the limited supply. (Note: Studies have shown that allowing for more density does not drive down prices. This is because, while a $1M home might be worth only $900K with sufficient home supply, the *property* of the home may now be worth $1.5M. This is because relaxed zoning would allow for more homes to be built on the same spot. So developers can replace a $1M home (now $900k home) with, say, a duplex worth $1.5, or with a 4 story apartment building worth $3M. Additionally, more home availability translates into less poverty, homelessness, addiction, and crime, further raising values. That said, while home values may not suddenly fall, the growth in their value would be slowed tremendously. Instead of, say, 8% value increases each year, it might go to, say, 4%. This means that homes would no longer be as great an investment as they currently are. In this scenario, middle-class earners might be better off investing in something else rather than pouring their money into a house. This is the extra kink related to the first point above.) This is one of the tensions found in capitalism: Businesses love limited supply bc that inflates value and price; consumers love sufficient supply bc it lowers prices toward cost. This creates a tension between homeowners (who like limited supply) and non-homeowners (who want ample supply). Right now, the homeowners are winning. Rules like single family zoning heavily benefit homeowners, and bc changes to local law are made at the local level (i.e. people already living there), it again becomes hard to change.

As a result of the above point, we find an additional problem: Creating more homeowners would, in effect, create more NIMBYs, since again, the assumption among homeowners is that changing zoning laws would harm their investment.

Personally, my top three solutions would be:

a. Eliminate or massively reduce single family zoning b. Institute a land tax. It doesn't have to entirely replace the current property tax system, but even a small change could incentivize positive changes (like smaller lot zoning, less land hoarded for development, etc). c. Financially and legislatively encourage the growth of non-profit rental options and organizations. Landlording is literally the definition "rent seeking" in economic terms: pointless middlemen who make more than their work due to having privileged position. Much like the issue of insurance companies causing increased prices in US healthcare, we could save consumers a lot of money if we cut them out and replaced them with non-profit entities. So instead of your rent paying the landlord's mortgage and lifestyle, renters could see reduced rates that reflect the *lifetime* value of the home (not just the mortgage period, which is often half as much), and the actual costs to maintain it, not the inflated "market value" of what landlords can charge. This could immediately lower rental costs by at least a few percentage points, and would continue to get cheaper over the long run (since prices wouldn't rise with market values). Additionally, unlike something like medicare, we really don't need everyone to participate. Non-profit rentals can live alongside for-profit rentals. Some people may not mind paying extra for more luxurious rentals. And that's great for them. But lots of people would love to have regular, non-luxury options.

#housing #inequality #kamala

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l0std1adem · 1 month

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my general life plan is:

- live where I am for another 1 1/2 - 2 years

- move to an east coast city for 2 years

- get married

- vanlife for at least 2-3 years to see the entire country (I love the US so much)

- buy property and settle down either where I am now or where my parents are

- soft retire (live off of covered calls/dividends/rental income while putting paychecks from work into investments)

- start working at a company that would actually do good for the world

- baby

- live a good life (I have no clue what people do after they hit 30)

#the one thing about me that I realized is that if I want something done I’ll get it done #I wanted to move here since I was 12 and now I’m here #if this is the path I want to take #I will take it by any means necessary #…#chill remote team at google please hire me I’m cool I promise #naina.txt

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rental-realities · 2 months

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Welcome to Rental Realities of 2024! Whether you’re a long-time renter, a newbie to the rental world, or a landlord trying to keep up with the latest trends, you’ve come to the right place. This year, the rental market is buzzing with changes and new opportunities, and we're here to help you make sense of it all.

What’s New in the Rental Market This Year?

2024 has been quite the rollercoaster for renters and landlords alike. Here’s a snapshot of what’s shaping the rental landscape:

**1. Flexibility is the New Trend With remote work becoming the norm for many, people are looking for more flexible living arrangements. Short-term leases and month-to-month options are in high demand. If you’re a renter who likes to keep your options open, you’ll find plenty of properties that cater to this need. For landlords, offering these flexible terms can make your property more attractive to a wider range of potential tenants.

**2. Sustainability is on the Rise Eco-friendly living isn’t just a fad anymore—it’s a major factor in rental decisions. Many renters are now on the lookout for properties with energy-efficient features and sustainable practices. If you’re a landlord, investing in green upgrades like solar panels or energy-efficient appliances might just give you the edge you need in a competitive market.

**3. Tech is Taking Over Smart home technology continues to make waves. From smart thermostats that save you money on energy bills to security systems that give you peace of mind, renters are increasingly expecting these tech perks. If you’re a renter, don’t hesitate to ask about these features. And if you’re a landlord, incorporating smart tech could make your property stand out.

**4. Rising Rents and Budgeting Unfortunately, many areas are seeing an increase in rental prices. With inflation and high demand driving up costs, it’s important to budget carefully. Renters should be prepared for potential rent hikes, while landlords should stay aware of market trends to set fair and competitive rates.

**5. Community and Amenities Matter Renters are placing more value on community and amenities. Properties with access to gyms, co-working spaces, and green areas are becoming increasingly desirable. And let’s not forget about the neighborhood itself—good schools, local shops, and convenient transport links are huge pluses.

Tips for Renters in 2024

**1. Do Your Homework Before you sign on the dotted line, take the time to research the area. Check out local developments, future projects, and the overall vibe of the neighborhood. This can help you make an informed choice and avoid surprises.

**2. Consider Flexibility If your lifestyle allows, look into flexible lease options. Short-term leases or month-to-month agreements might give you the freedom you need, especially in these unpredictable times.

**3. Embrace Smart Living When searching for a new place, keep an eye out for smart home features. They can make your life easier and potentially lower your bills. Don’t be shy about asking landlords what tech upgrades are available.

**4. Budget Wisely With rental prices on the rise, it’s crucial to manage your finances carefully. Plan for potential rent increases and additional costs. A solid budget can help you stay on top of your expenses and avoid stress.

Tips for Landlords in 2024

**1. Go Green Consider making eco-friendly upgrades to your property. Not only will this attract environmentally conscious renters, but it could also save you money in the long run and boost your property’s value.

**2. Upgrade to Smart Tech Adding smart technology to your property can make it more appealing. Features like smart locks, thermostats, and security systems are becoming must-haves for many renters.

**3. Offer Flexibility With the demand for flexible leases growing, think about offering shorter-term options or customizable rental agreements. This can help you attract a wider range of tenants and reduce vacancies.

**4. Stay Informed Keep an eye on market trends and economic factors that might impact rental rates and tenant expectations. Staying up-to-date will help you make smart decisions and stay competitive.

Wrapping It Up

2024 has brought some exciting changes and challenges to the rental market. Whether you’re renting or leasing, staying informed and adapting to new trends will help you navigate this evolving landscape. Thanks for joining us at Rental Realities of 2024! We’re here to provide you with the latest insights and tips to make your rental experience as smooth and successful as possible.

Got questions or topics you want us to cover? Drop us a line—we’d love to hear from you. Here’s to a great year ahead in the rental world!

#RentalRealities2024 🏠#RentingIn2024 📅#ModernRentals 🌟#RentalTrends2024 📈#LeaseLife2024 🗝️#SmartLiving 🏡🔌#EcoFriendlyRentals 🌱#FlexibleLeases 🔄#TechSavvyRentals 📱#HousingHappenings 🏘️#RentalMarketUpdate 🔍#SustainableLiving 🌍#RentersGuide 📚

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