Real Estate Investment: Three Excellent Reasons Why Your First Home Should be an Investment Property

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“I will forever believe that buying a home is a great investment. Why? Because you cannot live in a stock certificate. You cannot live in a mutual fund.” –Oprah Winfrey

Owning a home has been considered as a keystone of wealth and stability—so much so that finally purchasing your own place to live and renovate as you place has been universally recognized as a milestone. If you are on the market for your first home and are relatively young, it might be wise and more financially prudent to consider turning your first home into an investment property. While most prospective homeowners do not think of investing in real estate until they have acquired and purchased their second or third home, it is actually more financially sound if you started much sooner. Sure, in light of the recent economic climate of the Philippines, one might be skeptical of the profitability in real estate investments and might be a little hesitant in this endeavor—especially considering that this is the first home you buy.

However, to allay your fears of being unable to defray the cost of your first home, know that renting it out is an excellent option for paying it. By transforming your home into an investment property, you can effectively leverage your subpar credit and turn your responsibility into an investment. It requires a bit of shrewdness, good business acumen and a whole lot of patience. So, whether your first property is a condo unit in Verdana or elsewhere, here are excellent reasons why your first home should be an investment property:

1.) You are young

Independence can be quite the fickle thing. Sure, you feel nothing but euphoria once you have realized that you are now finally on your own and to top all that, you are still young and able. Living on your own set of rules, living wherever you want and buying whatever you want might seem like a tempting way to spend your early twenties, but it is not exactly financially sound. If you have other goals in mind, living the life can get old pretty quick—especially when you are living in a downtrodden apartment unit when you know you could do better (you just cannot afford it as you are frivolously spending your money). Cut costs and save money so that you can build credit as you will need this to qualify for a mortgage loan. When you are much older, you will have more significant obligations that would not allow you to cut costs as often as you can do so now.

2.) You will have another source of income

You might think that your salary is enough, but the extra money is always welcome right? By purchasing property that you intend on renting out, you are effectively creating another source of funds. With time and good marketing strategy, you would then be able to profit from your investments the moment you find tenants. You can then use the cash you earn in defraying other debts and bills or reinvest it in your property. Indeed, renting out your property creates positive cash flow for you, and it would always serve as a contingency whenever you do need extra funds or would lose your job.

3.) Having tenants is not so bad

Most prospective homeowners balk at the idea of turning their properties into investment ones as they are under the misguided notion that having tenants in your property would equate to stress and disarray. This is not always the case—after all, one isolated case of a nightmare tenant should not cause you to lump them all together as bad renters. You might be surprised how awesome living with a tenant can be most especially if you start establishing a friendship with them. In these cases, tenants are more likely to treat their units with better care and would even help with the maintenance and look after it whenever you are not around.

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10 Quotes on a Twenty-Somethings’ Journey to Finding Home

Home can mean different things. It can be a Lerato for rent condo, a suite in Holiday Inn, or a villa in Quezon City.

Whatever it is, different things make us feel that we are homeSometimes, we feel that home is where we spent our childhood. It can also be where we found our partner or where we forged friendships. But because of time and the winds of change, we are forced to leave the place we love and a new one.

If you’ve been away from home for some time and you don’t know where it is anymore, here are some quotes that describe how it feels to leave home in your twenties and come back again.

 

  1. The moment you left your humble home for a rental.

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“After you leave home, you may find yourself feeling homesick, even if you have a new home that has nicer wallpaper and a more efficient dishwasher than the home in which you grew up.” 

– Lemony Snicket

 

 

  1. When you’re denying you aren’t lonely but deep down want to come back.

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“Home is not where you live but where they understand you.” 

– Christian Morgenstern

 

  1. The inner-battle of self-sacrifice and freedom.

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“I used to dream about escaping my ordinary life, but my life was never ordinary. I had simply failed to notice how extraordinary it was. Likewise, I never imagined that home might be something I would miss.”

― Ransom Riggs, Miss Peregrine’s Home for Peculiar Children

 

  1. When you decided to not return to the place where you don’t have to pay rent and mortgage because you found “home” in your significant other’s arms.

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“Home wasn’t a set house, or a single town on a map. It was wherever the people who loved you were, whenever you were together. Not a place, but a moment, and then another, building on each other like bricks to create a solid shelter that you take with you for your entire life, wherever you may go.”

― Sarah Dessen, What Happened to Goodbye

 

  1. But your relationship didn’t last long, and going home feels like the only way to ease your heartache.

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“The desire to go home is the desire to be whole, to know where you are, to be the point of intersection of all the lines drawn through all the stars, to be the constellation-maker and the center of the world, that center called love. To awaken from sleep, to rest from awakening, to tame the animal, to let the soul go wild, to shelter in darkness and blaze with light, to cease to speak and be perfectly understood.”

― Rebecca Solnit, Storming the Gates of Paradise: Landscapes for Politics

 

  1. Fortunately, it’s perfectly fine to come back.

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“The ache for home lives in all of us. The safe place where we can go as we are and not be questioned.”

― Maya Angelou, All God’s Children Need Traveling Shoes

 

  1. Besides the hardships of being a twenty-something from career, dating to finances, don’t lose hope.

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“Home isn’t a place, it’s a feeling.”

― Cecelia Ahern, Love, Rosie

 

  1. You still have your parents, relatives and supportive friends. Chin up and live in the moment. You still have a lot of time ahead of you.

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“Well, sometimes home is a person.”

― Beth Revis, A Million Suns

 

  1. The right person will come to sweep you off your feet and accept you for who you are. This person will make a home out of nothing and will make it seem that every place, as long as you are together, is home.

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“Home is the nicest word there is.”

― Laura Ingalls Wilder

 

  1. He or she will tame your rebel heart and make you see you and your family’s worth in your life. It will make you understand what home really is.

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“I don’t care if we have our house, or a cliff ledge, or a cardboard box. Home is wherever we all are, together,”

― James Patterson

What You Need to Know When House Hunting

Make things easier with a checklist. Whether you are looking at bungalows in a subdivision in Bulacan or a townhouse in Quezon City, narrowing your options when choosing your next abode will make the selection process easier and quicker.

When house hunting, buyers often focus on the exterior and interior design rather than the functionality of the structure. Others prioritize the price of the house and lot because of the economic and financial aspects. Having a checklist will help balance what’s important and what is necessary.

It’s easy to get swept by the newest trends in architecture and real estate. House agents and brokers can be very persuasive. With a checklist in hand, you can stay right on track. Below are few pointers to guide you in completing the list.

 

Source of electricity

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Electricity and gas should be the first thing on your list. Some important questions to answer are:

  • How many sockets are in each room? Are there conveniently positioned?
  • Do all electrical sockets work?
  • Are there any interferences to electricity sources?
  • What alternative sources can you use in case the main power goes off?

If all of these are answered clearly by the seller or agent then it’s worth to consider the house. But other than the central electricity source, it’s worth noting how gas can be utilized in the space. Where can you store the gas cylinder? Does the house rely on LPG or petroleum to run the central heating? Is the heating system working properly? These things are equally important as they can also save your wallet.

 

Water source and plumbing

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When you are planning to move to an area with a limited supply of water, ask where the water came.

Live in a place that is comfortable, not worry about water rotations and rationing. Do some research and survey the area if their supply is stable. It may not be an issue now, but it can be in the future. Look years ahead before settling in a location.

As soon as you find no interruption with water supply, check the plumbing. Inspect the fixtures and pipes for noises, leaks and weak spots. Rusty pipes and fixtures are more likely to appear in aged houses, so pry the previous homeowner of the house’s history. Consulting a professional plumber for a second opinion is also advisable.

Hot water and bathtubs are additional features in Filipino homes, but newly-built houses often have these. Make sure the water heater still works properly and is connected to all water lines. The bathtub shouldn’t be clogged and the bathroom should be well-ventilated. It better to have a bathroom with a window. If that isn’t the case, choose one with an exhaust fan.

 

Lot and Surrounding Area

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Take into consideration the land area of your property – yard and side gutter included. The house might check everything on the list but if the gutters and drains are clogged, just forget it. It may cost you more because you did not consider the water damages caused by the blocked waterways.

If you’re on the scrimping side, consider the spread of the yard and the garden work. The lot may have a landscape that is high maintenance. The yard may have expensive turf that needs water more than your family does. Do you really need those? Think about it.

When scouring the exteriors, watch out for signs of decay and rot in woodwork.

Consequently, the surrounding area and neighborhood play a huge part in your everyday life. Living close to the places you frequent (school and work place) and facilities like hospitals, banks, and retail stores make life easier.

Communities accessible through different modes of transportation are much ideal than places exclusive for private vehicles. Best of all, choose a location that fits you and your family’s lifestyle.

Remember, a safe community is always a priority.

If you’ve been to a couple of houses visits, take note of the details that fit the details listed above. The next time you view a house, bring the list and compare if they have the potential to be your new home. Buying a property is a decision that should be hastened, so come with an open mind, inspect the structure thoroughly and compare your notes. Do not hesitate to ask questions about the house. Most of all, trust your judgment on deciding the perfect home.

5 Worst Decorating Trends Homeowners Should Avoid

“If you wait until you have enough money to decorate and make your own it will never happen. If you wait until you can afford to buy everything new you are missing the point. It is the old, the new, the made, the hand-me-down, the collected, the worn (but loved) things in your home that make it your own.” – Stacy Risenmay

If there’s one thing that completes a home, that would be its interior design. Decorating a home is a great way to give your home a sense of belongingness and comfort. Without such, your house would be as empty as it feels. Whether you are living in a real estate Manila or any other real estate in the Philippines, there’s no reason for you not to decorate your home.

But there’s a caveat, though, homeowners should also be mindful of what and what not to do when it comes to interior or exterior designing. To give you an idea, we list down some worst decorating trends that a homeowner should avoid.

Colored appliances and bathroom fixtures

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Colors are crucial when decorating – it can break or make a home. However, choosing the wrong color would ruin everything. Many homeowners would prefer using neutral colors to make sure that it would look good on your home. Moreover, if you are color blind, make sure to ask help from the professionals to guide you on what color should you use to achieve a desirable outcome.

Plastic furniture covers

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Although plastics may be a convenient thing to clean since you can just wipe the dirt out, it is not attractive to use plastics at home. If you do not want to get your furniture dirty, then you can use a pretty cloth to cover it. Not to mention sofas with plastic covers, it is a turn-off. That means, if you want to cover it, then use something that would also look nice on the sofa.

Artificial plants

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As much as possible, never display fake or silk plants. It is a turn-off when you use such plants. If you want to decorate plants at home, make sure it is fresh. Of course, plants would not just give you the right ambiance at home, but putting them is also beneficial to our health. That means you have to make it fresh to make sure you will get the necessary benefits from the plants.

Matching patterns

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There’s nothing wrong if you try to match patterns. However, if you want to have a stylish home, then make sure to use your creativity to achieve such. For instance, try to avoid matching your drapes with your throw pillows and sofa. Keep in mind that too much of a good thing is also a bad thing for interior decoration. So, try to think of an alternative where you can incorporate each design at home.

Wall-to-wall carpet

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Carpets are a good thing to have at home. A wall-to-wall carpet is even considered as an expensive thing a homeowner could have. However, this may not always be the case. For some people, having a wall-to-wall carpet at home is a no-no since it may be placed for dirt and germs to gather more than anything else, especially when you do not clean your home regularly. This may cause you some health risks due to an unclean carpet.

Leopard print

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It does not matter if you like leopard print or not, but this design is a no-no at home. This trend would only look tacky when applied to home decor. And one thing is for sure; you do not want to ruin the design of your home.
As a homeowner decorating a home may give you so many things in mind for you to consider. Things such as what’s good and what’s not? Or what’s in or what’s out? However, if you know what you want to do with your home, then it would be easier for you to decide the right decoration for your home.

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3 Big Lies You’ve Been Telling Yourself About Renovations

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Whether you like it or not, there will always be a time when you get to decide to have some renovations at home. Perhaps, you get tired of living in a dull and boring place, and you need some inspiration that is why you decide to do some remodeling. Or you’ve even noticed that there are already damages in your home that needs to have some repairs. No matter what the reasons are, there is still a need for you to renovate for the betterment of your home. Who would not like it? Right?

Unfortunately, not all homeowners can achieve the desired outcome of the renovations. Perhaps, they do not have any idea at all on what and what not to do when it comes to home design. As a result, they made some costly renovation mistakes. That means, renovating your home should not be taken light to avoid committing mistakes. Generally, it does not matter if you want to have some renovations in your house and lot in Quezon City or any other real estate property in the Philippines, having a good home is within your reach.

If you are planning to remodel your home, you have to make sure that you are doing the right thing. Of course, you also have to know the basic things when it comes to home renovations. That means you should also not believe the lies most homeowners tend to think. As a result, they regret their decisions on the long run. And I’m sure you do not want to happen to you.

Lie # 1. “Home renovations always pay you back.”

This is one of the many lies most homeowners believe. They tend to believe that improvements will pay them back that is why they do some renovations even if it is not that necessary to have. And mind you, renovating your home without even thinking if it is worth your time, effort and most importantly, your money, then it is not a good idea to have one. Of course, you are all wasting all of it. Before you decide to remodel your home, you have to make sure that it is necessary enough for you to do. If not, then this might not give you a good result in return.

One of the things most homebuyers or renters would usually look for a home is not just about how good your home is. Yes, the appearance of the property may be an advantage, but you also have to make sure that the property has a high quality for the people to be interested in buying or investing in your property.

Lie # 2. “You can do it all yourself.”

Whether you like it or not, you definitely cannot do it all by yourself. Of course, you need someone that would help you with the renovation. You also need someone who can hold the other end. And mind you, you will definitely be exhausted when you tend to do the renovation all alone. However, when you have a helping hand, your work will much easier and faster for you to do. You also do not need to put yourself in an awkward situation or position since there is no one who can help you with it. Well, you need 2-3 people for you to be able to accomplish the task as soon as possible.

Lie # 3. “Do it right – no slapdash remodeling allowed.’

Although it is true that we need to follow some measures when it comes to remodeling our home, that is not always the case. When it comes to renovating or remodeling your home, it is a must for you to follow what you really want to have for you to be able to appreciate the outcome of it. Of course, you also have to make sure that you are still doing the right thing when it comes to the dos and don’ts when remodeling your home. With this, it will be much easier for you to make the renovation done since you know what and what not to do with your home.

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5 Hacks to Visually Enlarge Your Small Space

Hands up if you are one of those people who live in small spaces! Have you ever feel that your walls are already closing in on you? Like you don’t have any space available for you to freely roam around your home? Well, fret not! You are not alone! Yes, there are actually a lot of homeowners who share the same sentiments as you do.

However, just because you have a small home, you can’t do anything about it anymore. Generally, it doesn’t matter if you live in house and lot for sale Philippines (Cavite specifically) visually enlarging your small space is within your reach.

Thinking about what and what not to do when it comes to improving the interior design of your home can sometimes be daunting and challenging. Of course, you need to think about the things you need to do for you to achieve a desirable outcome of your home. And to give you some ideas, below are the top five hacks to visually enlarge your small spaces at home.

No worries! These tips or hacks are easy for you to use in your own home.

1. Lighten up

Choosing the right color for your home is one of the most important things you must consider. Of course, the color of walls can help visually expand your space. Well, you can go for a white color for your walls. Although some of you here might think that white is just a plain color, but never underestimate it since it can do wonders when it comes to expanding your space. But you can also go for pastel colors if not for white.

2. Use vertical stripe patterns

Just like wearing vertical stripes clothing, you can also go for vertical stripe patterns for your walls, or even with the floors. You can trick the eye into making an object appear taller or longer. Of course, this is also one way you can maximize the effect in your home. well, before deciding to use vertical stripes pattern, just make sure that you get a permission from your landlord. With this, you don’t have to worry about putting some vertical designs for your home.

3. Use mirrors strategically

Mirrors are not just for your own purposes. You can also use mirrors to trick that you have a bigger space at home. Moreover, mirrors can also help maximize the effect by placing a big mirror directly across the room from the window. With this, it will create an illusion of an endless space. However, you should also be careful when it comes to the installation of it. Make sure to avoid placing mirrors to reflect objects that are not easy on the eyes, since it can create an illusion of a cluttered home.

4. Utilize the vertical space on your walls

Aside from using vertical stripes pattern for your walls, you can also use the vertical spaces available at home. Well, you can place some bookshelves in an empty space. Or you can also buy rails to hang pots, pans, and spices, especially when you have a vertical space in your kitchen. And yes, it does not just give you an illusion of having a bigger space; this will also help draws the eyes upwards making your small space larger.

5. Buy proportioned furniture that does double duty

One of the many reasons why your home feels like there is no space available is because you have so many things that are cluttered inside your home. And in order for you to avoid such, why don’t you buy proportioned furniture that does double duty? With this, you will not be worried about what and where you should put your furniture since you have already some space or storage available for it.

See? Having an illusion that you have a bigger space at home is not that hard as you think it is. Of course, you just have to make sure that you are doing the right thing when it comes to what and what not to do when decorating your home.

Valentine Activities You Probably Didn’t Know You Can Do At Home

Valentine’s Day is one of the most awaited days for most couples or lovers. This is the time when they can express their love for one another than any other ordinary days. But celebrating Valentine’s is not just about going to a fancy restaurant, or book a hotel room. Whether you both live in Abreeza Residences or any other real estate properties, you can still have a wonderful day and night with your partner.

Sad to say, not all of us know what awesome things or activities they can do at home. As a result, they tend to have higher expenses every Valentine’s Day. However, if you are just creative enough when thinking about what you can do to make it a fun and exciting activity, then you definitely can have a memorable day.

Of course, Valentine’s Day should not always be expensive. It’s not about money; it’s the thought that counts. So, whatever you do for as long as you do it by heart, then it’s definitely a good thing. Well, for those couples who are still thinking about what to do, below are some ideas you can get for you to do this upcoming special day.

1. Go half and half on the night

If you’re planning to have a dinner at home, you can go for half and half. That means you can have first the meal on the half of the night, and a dessert for the other half. You don’t have to do it all at once. Moreover, this is also one way to enjoy your dinner.

2. Have an 80’s love movie marathon

Modern day movies are a cliché, but if you are into lovey-dovey, or cheesy and all, then try watching 80’s love movies. It would be a perfect ingredient to set the mode of the night. Of course, it’s not just about all those cheesiness, but you can also get a good moral when it comes to handling love for each other.

3. Cook dinner together

For some, this is one of the most fun parts when preparing for your night. Of course, you’re both cooking for each other. The more hands-on you are, the more you can feel that one is trying and giving their best effort just to make the night a memorable night ever.

4. Have a Valentine’s breakfast

Celebrating Valentine’s Day doesn’t just happen during night time. You can have the celebration as early as the morning. You can cook your love one pancake and tea or coffee, or you can have a meal for breakfast. It’s all up to you. With that, you’re already setting a romantic mode early morning.

5. Game night

 

Of course, Valentine’s Day is also not about romantic mode. You can also have fun first by playing games. Well, it doesn’t have to be a hassle game where you will run and jump. You can have board games or card games. At least with that, you’re setting a fun and exciting mode for both of you.

6. Have an indoor picnic

One of the most exciting parts of the night is the food. Of course, you get to taste the delicious food your partner made just for you. Well, if you don’t know anything about cooking or baking, then you can definitely look at the recipe book for guidance.

7. Have an “I’ve been dying to see this” movie marathon

We all have this thing that we really want to do or see. However, there’s no time or you can’t think of a way to find or do such thing. That is why this is also the chance for you to surprise him/her about the things they really want to see for a long time. With this, they will like you even more.

8. Cocktail Vs. Dessert: Make Both!

If you both can’t decide which of the two you want to have, then why not make a cocktail and a dessert. With that, you don’t have to make some dilemma on which is better. Moreover, you have more choices rather than having just a dessert or a cocktail. Why not enjoy both?!