Being a landlord has always meant treading a fine line between having happy tenants and also keeping costs to a minimum. But now, with the rising issue of the climate crisis, there is the environment to consider as well.
Whilst it might feel like water waste is a minor problem compared to fossil fuels, every bit of water that goes through the treatment system requires energy to power that factory, as well as chemicals to clean the water. By reducing the amount of water we’re wasting in the first place, it cuts down on these other elements further down the line.
But as a landlord, you’re unable to control how much water your tenants use. So how can you cut down on water waste in the properties that you manage? We take a look.
Install low-flow systems
Reducing the water flow of the biggest culprits like showers and toilets is a good way to reduce water usage at the source. Whilst your tenants might initially grumble a little about the reduction in water pressure, they’ll soon get used to it, and will enjoy the decrease in their bills too. If they’re very reluctant, you could negotiate a trial basis, and ask them to let you know after 6 months if they really aren’t happy.
There are two different types of low-flow showerhead: aerated and non-aerated. The aerated option adds air to the water stream, creating a soft, misty flow. Non-aerated uses smaller spray holes, reducing the amount of water coming out, but increasing the pressure by forcing it through the smaller gaps.
Maintain the pipework
Whilst a dripping pipe might seem more like an annoyance than a big water waste issue, more than 3 billion litres of water is lost due to leaky pipes. By completing regular maintenance checks, and encouraging your tenants to report any issues to you, you can keep the pipes working as they should. As a landlord, keeping the property in good working order is ultimately your responsibility – be sure to encourage your tenants to let you know if there are any problems so that you can act swiftly.
Between tenancies, make sure that the taps, shower and other water-using items are turned off, and then check the water meter. If it’s still going up, then you may have a leak somewhere.
Consider a dishwasher
Whilst dishwashers seem like they will use vast amounts of water, the truth is that they can actually be very efficient when they’re used effectively. In fact, some dishwashers are four times more efficient than washing by hand, so installing one in your rental property might go some way towards reducing your water usage.
However, you’ll also need to account for the extra energy that a dishwasher uses. Remember that even though it feels like this machinery will use more than running the tap, you’ll still need to use some form of energy to heat up the water that comes into the sink. Overall, dishwashers are still an efficient choice, even if you only have the space to install a slimline model.
If you are new to the idea of idea of retirement villages then this article is for you. We will look at what exactly is provided in such a village, why do we need them and why they are just fantastic. Maybe without being aware of it – we all wish to end up in a nice retirement village and enjoy a comfortable life like being on holidays.
The Basic Retirement Village Concept
I had no idea that retirement villages even existed until I visited a friend that moved to one in Ireland a few years ago. It was amazing when she showed me her nice little cottage-like home: it was super comfortable, practical and cosy. If she ever needed any assistance, help would be right there. The village itself was quite simple, a gate with a porter to the retirement estate to keep everybody safe and a bunch of small good-looking houses.
It was only recently that stumbled about a new retirement village concept, it is more a resort-style living that offers a variety of activities and amenities for seniors to enjoy. This type of living is more like being on holiday than it is like being at home.
This new retirement village concept is all about providing the best quality life for the older generations. Much more than taking care of them physically. Rather, making sure they have everything they need to be happy and healthy for as long as possible.
What are the Benefits of the Retirement Village Concept?
Although the concept itself is not new, the most famous example is probably Florida with more than 850 facilities, Retirement villages are definitely a new concept that is coming up on the market in Europe.
It is a community of homes and services for people who are retired. The idea behind it is to provide an environment that feels like home, but with all the benefits of a hotel or a holiday resort.
The benefits of this concept are many. For example, it provides an opportunity for retirees to live as they want to and enjoy their retirement on their own terms. It also provides them with the nice holiday feeling. Basically, it fills a need that so many dreamed of. Not only the elderly themselves but also their children who wants to see them in the best place possible.
Some Great Examples of Retirement Villages in Europe
For some countries in Europe the concept of a retirement village is still in its infancy. Although the very basic concept doesn’t need that much to pull it off. You simply need a place where elderly people can live in a safe and secure environment. Of course, in houses that cater for their needs.
In holiday-resort-like retirement villages they would also have access to other amenities, such as a pool, tennis, golf… Some also include a small shop and a club house and restaurant. Some of them have very high standards and even include a small nursing home, in case one day one of the residents will need more intensive care.
There are some places in Europe that offer retirement villages, let’s look at some amazing examples.
Nestled in the peaceful hills of Gorjões, near Faro in the Algarve, lies the charming retirement village of Monte da Palhagueira – a traditional development of beautiful villas, houses and apartments. It is exclusively designed for senior living. With a total of 33 properties on beautifully landscaped gardens, it has a decorative lake, fine dining restaurant, swimming pool and clubhouse. It comes with the comfort of qualified medical assistance should it ever be needed. As well as a small British-run nursing home on site providing 24-hour nursing care from an English-speaking team.
Looking out over the Messinian Gulf on one side, and towards the Taygetos mountains on the other, Papadopoulion Residential Home for Seniors sits beautifully above the city of Kalamata. With its features and fantastiv views it resembles a 5-star hotel for people over 65. Of course, it provides daily medical supervision and 24-hour nursing care for its residents. Luxurious features, such as indoor Jacuzzi and outdoor pool, mini-van services, a fitness center, and beauty salon are all on site. As well as recreational activities like traditional dance lessons and excursions to the sea and ancient and historical monuments. A vacation and a home, all rolled up into one.
Please contact us if you know a facility that should be included in this list.
The Future of Senior Housing
Senior housing is a topic that is not going to go away anytime soon. The demand for senior housing will only increase as the population ages and the need for healthcare and caregiving increases.
This is not just becoming an issue when we ourselves get older. It has been a concern for many long before that when assisting the grandparents or parents to find a nice place they can retire to.
A major question that arises from this topic is: how do we plan for the future of our grandparents, parents, even our own, when there will be more seniors than ever before?
Well, let’s hope that more of those lovely retirement villages are being build. Adding to a happier, healthier and more fulfilling life experience for us all.
Getting into the real estate business is not easy. Fluctuating property markets, the time-consuming legal process and convincing clients can be really stressful. It takes a lot of effort and hard work to become a successful realtor, from installing wall signs to networking with other brokers. However, once you master the art of selling, consider yourself halfway to your goal. If you want to learn how you can convince people to invest in a property and be able to sell it for more price, here are five easy tips that will help you to lock the deal:
Get Everything Fixed:
When a client visits or inspects a property for buying, they are actually looking for loopholes. This gives them the opportunity to start their negotiation. Broken doors or windows, a hole in the ceiling, pipe leakage or any other flaw will be enough for them to ask for a price reduction. If you want to sell a house for more cost, please ensure that everything is fixed already.
The appearance of the place should be inspiring enough to meet your demand. Convenience is something that we all love, and what else could be better if we could find a perfectly ready to use space even at a little higher price?
Focus on Listings:
One of the major disappointments that clients have when they visit a property, is its virtual portrayal and reality. You must be careful with your listings. Avoid using superlative phrases and terms that do not match with anything in the house. Keep things as real as possible to ensure that clients settle for the price you have mentioned online and there is no room left for the negotiation. Carefully written listings can help you sell for more!
The real estate market is the buyer’s market. If you can make the buyers happy, the selling process becomes easier. Even if you want to sell the property for a relatively higher price than its actual value, avoid getting overpriced. Make sure what you are asking for is also meeting the condition of your property. It is an instant turn off for the buyer if the house looks old and its price equals a new apartment. Keep things real even if you want to lock the deal at a higher price. If you are not satisfied with the buyer’s demands, consider delaying the sale for a little longer.
Don’t Be Pushy:
The way you negotiate with the client greatly increases or decreases the property’s value you are trying to sell. If you are too pushy or trying too hard to convince the client to make the purchase at that particular price, you are actually pushing them away and might cause suspicion regarding the property. Therefore, just wait for the response when you are done with the initial discussion with the client.
Know Your Client:
Make sure you know your client well. Keeping the price that will fit your client’s budget will help you finalise the deal. Besides, the house you are trying to sell to them is according to their needs and demands. If your client is specifically looking for a property like yours, they will be more willing to pay the price you will demand.
The real estate market is highly competitive. However, if you follow these tips, you will be better equipped to persuade your client and sell the property at the price of your choice. Make your selling approach all about your clients; try viewing the property, listings and pricing from their perspective to develop a marketing strategy.
A house can be severely water damaged by either leaking pipes, broken sewer lines, or natural disasters such as typhoons that can bring about flooding.
Regardless of the reason, it is vital to find the source of damage as quickly as possible to avoid further havoc. You may inspect the presence of bubbles on the walls or listen to any water dripping sounds.
Assessing the damage can be pretty tricky. Getting rid of the excess moisture or removing the musty smell can be tackled lightly. However, there may be destructions that are significant and need professional help. Therefore, proper evaluation is essential.
The best tip to get yourself organized is to have an established plan. And you don’t need to fret as we’ve rounded up five handy water damage restoration hacks for you listed below.
1. Locate where is the water source
It is essential to locate the source of water destruction.
And there are three categories of water damage. The first type is clean water damage. The source of which usually includes broken pipes or water supply lines. Check for any dripping water under the sinks, bathtubs, etc. Sometimes if the problem is small, you may need professional sound detection equipment for extra help. Although this type of damage does not raise a significant issue, it is still equally crucial to stop it to prevent further destruction.
The second category is gray water damage. The sources include appliances such as washing machines and toilets—the restoration of things damaged with gray water needs disinfection.
The last and the most extreme kind of water damage causes severe health hazards. Blackwater damage includes broken sewage and rising floodwaters. This type of damage would require deep cleaning and a strict sanitizing procedure.
2. Water damage safety
Once you’ve secured and found the source of the water damage, make sure to guarantee home restoration safety.
Safety hacks may include finding a temporary place for the whole family and your pets to stay while completing the home water damage repair. Do not forget to switch off the electricity to prevent accidents such as electrocution or igniting a fire. If you need to call an electrician to check if those submerged sockets are still okay to use, then do so.
Next, inspect your drywalls and assess if they need to be changed. Secure a space to avoid accidents if ever the plasters above become too heavy and fall.
Remember that there are some restorations that you can easily do on your own, and there are also some that need professional help. There is nothing wrong with keeping your options open.
3. Inspect for hidden moisture
After emptying the cupboards and removing all the hazards, the next thing to secure is better circulation inside the house.
Open the doors and windows in every room to improve circulation. When it’s safe, use your electric fans too. Lastly, if you can acquire one, using a large-capacity dehumidifier can do both tricks of drying up excess moisture and, at the same time, removing any unpleasant smell.
You might rethink your flooring option if you have a wooden floor. To avoid the same problem in the future, maybe use ceramic flooring or vinyl moving forward as they are both known to be very resistant to water and moisture. Stay away from using laminate as this one, on the other hand, is more susceptible to damage when wet.
4. Repair or replace?
As you start removing the excess moisture on every corner of the house, remember to segregate things that you can still repair from items you cannot salvage anymore.
Combining one part of bleach with ten-part water will remove both the smell and harmful bacteria from soiled clothes. Specific fabrics, however, may need particular care too. Therefore, asking for help from your professional dry cleaner can help tremendously.
You may also want to contact your insurance company and have a professional assessor help you decide whether to repair or replace a specific place in the house or a piece of furniture. Having a professional inform you of how much you would need to spend on this home restoration could help you decide strategically and work on your budget with a clearer perception.
5. Check if the damage is too much or not
Like any house improvement, there are times when you no longer have a choice but to let go of things if there is already too much damage. Restoring a very soiled sofa might be more expensive than getting a new one. After all, an updated list of furniture is probably the best way to go in circumstances like this.
After experiencing terrible water home damage, it allows you to plan for whatever you will get and place inside your home in the long run. Probably, a leather sofa is more durable than fabric couches. Maybe it is about time to get moisture-resistant rugs or carpets that provide high tolerances to stains.
Check for any presence of molds, and as soon as you find them start scrubbing with bleach and a brush. Doing so prevents your other unaffected furniture from getting further destroyed.
The moment you notice significant damage on an item, you cannot undo it anymore; just let go.
The war in Ukraine has had a significant impact on most economies around the globe – therefore it comes as no surprise that it also affects house prices.
Higher House Prices Due to Inflation
Especially, the conflict has led to an increase in inflation rates, you probably already noticed it, no matter which country you live in. In some countries – due to this inflation – prices are increasing faster than wages. As a result, people are getting poorer and possibly can’t afford to buy houses anymore.
Many people already gave up looking for the cheapest property for sale. There still are some out there but usually those are in need of some work and further investment to be able to live in them or rent them out.
The cheap houses for sale, now seems to be those that were just a normal price before. Especially in bigger cities there is a shortage of housing. Also, when it comes to creating new housing, they are usually luxurious expensive stuff – as there is just a lot more money to be made.
How the War in Ukraine Affects House Prices of Newly builds
First the pandemic and now war, those has been major factors in the shortage of building materials. This in turn has led to a considerable increase in the price of new build houses all around the globe.
Also the increase in gas and energy prices have been a great hit in the market. Running machinery on the construction site, having to pay higher wages – all of this contributes to an considerable increase.
This might be felt stronger in some countries than in others.
What are the Effects of War on Housing Markets?
Housing markets are always affected by wars. The effects of war on the housing market depend on a lot of factors, including the duration and intensity of the war, the location of the war, and how it affects other countries and other aspects of life.
War can lift housing markets in some cases. For example, during World War II there was a shortage in construction materials like steel and timber. This led to higher prices for these materials and an increase in demand for homes as people wanted to buy houses before they became too expensive.
However, most wars have negative effects on housing markets. For example, during World War I there was an economic depression that led to lower demand for homes because people were not earning enough money to afford them.
Conclusion: The Impact of War on House Prices
The conflict has led to a significant shortage of houses and higher prices for those that are available. This is due to the increased cost of construction materials, as well as the number of refugees fleeing from the conflict zone. These people need housing but there is not enough supply, leading to higher prices and shortages.
If you have a house for sale, now is a good time to get a good price for us.
We all get old, that is just a fact. How do we imagine our future as an old person? Where do we like to live? Here we will look at two options: independent living such as in a retirement village and living in a nursing home.
What is a Retirement Village?
Retirement villages are a type of retirement home that provide accommodation and communal activities. For example, they offer meals, social activities, medical care and other services to the residents.
Retirement villages were originally designed for elderly people who wanted to live with others in their age group. But nowadays, there are many different types of retirement homes that cater to various needs. Some even offer houses for sale, that they buy back again if you don’t need it anymore.
What is a Nursing Home?
A nursing home is a residential institution for the care of elderly people. It provides medical and social assistance to those who, because of age or infirmity, are unable to live independently.
Nursing homes are also often called “retirement homes.” The term “nursing home” is not just a euphemism for an old-age home or rest home. It refers to the fact that many residents require nursing care.
What are the Benefits of Living in a Retirement Village?
Retirement villages offer a variety of benefits for those who are looking to live independently but still have a sense of community.
One of the benefits is that they provide on-site or nearby medical care. Retirement villages also provide socialization opportunities for their residents and also offer activities for them to do during the day.
What are the Benefits of Living in a Retirement Village?
Living in a retirement village is a great way to enjoy your golden years. Not only is it good for your mental and physical health, but it also offers many other benefits.
Some of the most popular benefits of living in a retirement village are:
-You don’t have to worry about maintaining your property
-You can live with other people who are at the same stage as you are and share advice, experiences, and knowledge
-You have access to amenities such as swimming pools, spas, gyms, etc.
What are the Benefits of Living in a Nursing Home?
Living in a nursing home can be a great option for seniors who are unable to live on their own. Here are some of the benefits of living in a nursing home:
1. A nursing home is an environment that is designed to help people with disabilities, illnesses or injuries live as comfortably and safely as possible.
2. Nursing homes provide 24-hour medical care, which can be difficult to find at other types of housing.
3. The staff at a nursing home is specifically trained to care for people with special needs and works around the clock to meet those needs.
4. Living in a nursing home allows seniors to remain connected with their loved ones because they are surrounded by friends and family members who visit often and share meals together on weekends or holidays.
What are the Drawbacks of Living in a Retirement Village?
The main drawback of living in a retirement village is that it is not for everyone. For example, if you are a person who likes to travel and explore the world, then this might not be the best choice for you. Retirement villages are usually located in a remote area with limited access to public transportation.
What are the Drawbacks of Living in a Nursing Home?
There are many drawbacks to living in a nursing home.
Some of the drawbacks that people find most difficult are the lack of privacy, the lack of independence, and being unable to control your own life.
Nursing homes have strict rules about what you can do and when you can do it.
Conclusion: Which is Better for You?
The answer to this question is not an easy one. It greatly depends on your needs and what you are looking for.
I believe most of us would choose the independent living option and enjoy a more independent life as long as possible. But what if you start needing a little extra help? Or maybe it is not you but your spouse who will need more professional care. Unfortunately, there is a lot of uncertainty about what exactly your needs will be when you are old. Will you wish for more company, help around the house, or a more intensive medical help? When planning your future, it would be good to keep all of this in mind.
A great idea is also those retirement villages that have a small nursing home on site just in case.
Selling your land to a builder can be beneficial for a number of reasons. The first and most obvious reason is that you will get more money than if you sold it on your own. Builders have more money and resources than individuals, so they can offer more cash for your property than an individual could. This means that they’re able to pay higher prices for the property and make better offers on price.
Builders also have connections with other developers who may be interested in buying or leasing the same property from them in order to build something new on it.
What is the Process Behind Selling a Land to a Builder?
Selling a land to a builder is a process that may take time and effort. The first step is to do research on the builder. You should know about their construction quality, project management, and customer service.
The next step is to find the right person of contact in the company. You can do this by looking at their website or by doing an internet search. You can also ask your friends who have worked with builders in the past for recommendations.
Once you have found the right person, it’s time to set up a meeting with them. This meeting should be scheduled at least 3 weeks in advance so that they will be able to give you their full attention and answer all of your questions without feeling rushed or distracted.
How Do Builders Evaluate the Property and what are their Needs?
Builders evaluate the property in various ways. They may not be looking for the same things as a home buyer. For example, they are interested in how long it will take to build on the property, how much it will cost to build on the property, and whether or not there is enough space for their desired number of units.
The builder’s needs are different than a home buyer’s needs because they want to know what it takes to develop and build on the land. Like this they can see if it makes sense for them financially.
Preliminary Investigation – What is “Due Diligence”?
Conducting preliminary investigation is the first step in the site selection process. Due diligence is the process of investigating a property before purchasing it. This is to make sure that the property the builder is buying is in good condition and free from any potential problems.
The due diligence process starts with a physical inspection of the property. This is done to check for any possible issues or safety hazards. The next step would be to check the title of the property and ensure that there are no liens on it. They will also need to do some research on the current market conditions and prices of similar sites.
The last step in this process would be to have an environmental assessment done. This will uncover any potential environmental hazards that may exist on or near the land you are looking at buying.
The preliminary investigation should not be too long because you want to start negotiating as soon as possible. In fact, some investors will not even bother with a site visit if they are satisfied with what they can find out about it through their due diligence process.
What are Some of the Documents Needed for this Transaction?
The offer letter is a document for the seller of the property. It contains all the conditions, terms and specifications of the offer.
The offer letter includes information such as:
– The name and address of the buyer
– The price and date for which the property will be sold
– The date by which a response from the seller must be received
– Any other conditions that are agreed upon between both parties
The process of selling land to builders is not as daunting as it might seem. It is a logical step for those who are looking to sell their land and also want the best return on their investment.
This article has outlined the process of selling your land to builders and what you need to do in order to make a successful sale.
The expression “Secret Real Estate Agent” almost looks like it was borrowed from some action movie. In reality it is a little bit less spectacular but, without a doubt, equally exciting.
What is a Secret Real Estate Agent?
“Secret Real Estate Agent” – does not mean you do this profession without being registered. Of course, also a secret (real estate) agent has to be registered and fulfil everything that is required by law. By “secret” we mean, that the agent is not publicly advertising a specific property he or she was asked to sell. He/she may not even have a website or advertise the business and in many cases the main profession is another real estate related profession, such as architect or engineer.
They are usually approached by a client who asks if they may know someone who would be interested to buy one of their properties. And that’s the only way there are allowed to sell it, by offering it directly to someone.
This might seem strange at first, but among certain groups that is exactly what they want. The best to explain this is by giving an example.
Seller doesn’t want to look like he needs money
In many cases the properties in question are from rich families. Having a certain popularity and their place in society they like to give no reasons for gossiping.
Huge estates can cost a lot of money in maintenance, tax and so on… If they actually don’t use it anymore it makes sense to let it go. This is regardless of their financial situation – nobody likes to throw money out of the window, no matter how rich you are.
Of course, if people see the big family estate for sale, the first thing they may conclude is that the family is in financial difficulties – that’s how people start talking…
That’s why it is better to sell it secretly – through a secret real estate agent of course.
Or in another case, the seller might be having an apartment block for sale and he doesn’t want his tenants to find out. Also, he would approach such agent, who will then go and talk directly to investors who may be interested to buy.
How does a Secret Real Estate Agent sell?
The only way you are allowed to sell it, is by offering it directly to someone. Or in some cases you are allowed by the seller to advertise it in another country. Like this you can get a foreign buyer.
It is a far more difficult job than a regular agent. You need a pool of good contacts, including millionaires, investors … etc. But of course, it pays off big time as the properties that are sold this way usually have a high value. You can find foreign buyers by listing real estate internationally.
Are you one of those agents? Then drop us a line and let us know how did you get started? Do you have any advice?
All year long most of us are looking forward for the few weeks when we can go on vacation and finally embrace our true passion: travel. If we could prolong this to a few months it would be a dream come true. If you can’t work while travelling another way to be able to do this is through passive income.
The pursuit of passive income has become increasingly popular these days. No wonder, because it gives people the freedom to pursue their passions without relying on their salary for sustenance. So now, you can start a travel blog or create content for another website where you can share your experiences with others and make money at the same time! Writing about you experiences in a travel blog is top of the list on how to generate some passive income while you travel. Another big one is to rent out your home while you are away.
The Wealth of Experiences that can be Achieved on Full-Time Travel
A full-time traveller can visit one of the best places in the world. He can go to an exotic location and enjoy the culture. He can also go to places which are more offbeat and less visited.
The world is a very large place, and it is imperative that you make sure that you take time out for your own self-discovery. This will give you valuable life experiences which you will never forget.
Making Your Travel Dreams a Reality
The steps to make your dream a reality is about goal setting, investing, and the mindset shift.
First you need to set goals that are achievable in the next one, three, five or ten years. The rule is simple, if you don’t have goals, you will not achieve them.
Then you need to invest in yourself by learning new skills or strategies. And lastly you need to change your mindset because there is no such thing as “too late”. You can achieve anything!
Creating Your Own Path in Life while Embracing Every Moment Along the Way
You have to create your own path in life while at the same time embracing every moment along the way.
It’s time to take control of your life and start making choices that will define who you are. You have to be making decisions on a daily basis about what you want for yourself and for others. It’s also important to set goals for yourself so that you can move forward with your life instead of just drifting around aimlessly.
Full-Time Travel with Passive Income as the Ultimate Goal
Making full-time travel a reality is not everyone’s ultimate goal. This might be your goal if you’re an avid world traveller or if you like to explore new cultures and experience different lifestyles. Many people, though, want to do it because it seems so awesome and romantic. They might be retirees who want to spend their days doing what they enjoy the most after working for 40+ years and saving up for their retirement.
Achieving this ultimate goal will take a lot of time, effort, and money. Some people do it by saving up money while they’re still working and then quitting their jobs to travel the world while others work hard until they quit their jobs at 65 or 67 or whatever age that is in your country.
Of course, wasting all your life and energy to only achieve this goal at an advanced age seems a bit sad. That’s why some came up with a way of making this work before – with passive income.
Make Your Maths – How much passive income is needed?
The first thing to do would probably be to get your numbers right. How much money do you need every month to support yourself during your trips (food, accommodation, transport, travel insurance…)? How much money do you need to keep things back home?
The next thing would be to look at how much money you could possibly generate through passive income, such as renting out your home, having a travel blog etc. if the numbers don’t add up you might need some money and more time to build up more ways to generate passive income. On the other hand, you can also explore ways to save money on your travels, such as living in a van.
How Does the Van Life Work and How to Make it Work for You?
“Van life” is a popular lifestyle choice for those who are looking for a simpler life. You can find people living in vans all around the world. They are called “Van Dwellers.”
Van Dwellers choose this lifestyle not because they have no other choice, but because it best suits their needs. Living in a van lets them travel the world, be mobile and do what they want to do without having to answer to anyone else. The idea of living in a van is not only about the freedom and adventure, but also about saving money and enjoying sustainable living with minimal impact on environment.
Every summer, we can see hundreds of vans parked along the beaches where there are public toilets and showers. There is hardly any cheaper way to live.
How to Live in a Van and Travel Full-time on Low Budget
Some van dwellers will spend hours each day on Instagram and Facebook to document their adventures and share tips with others interested in joining the community. Of course, having an internet connection is a must.
If they have enough followers, they can also enjoy the financial benefit that comes with it. But what if you are not good at writing at all? Some choose to make certain investments that will give them passive income.
Investments You Can Make on a Low Budget
When you think of investing, you might think, “wow! That’s a lot of money.” But it doesn’t have to be. In fact, there are many low budget investments that can make a difference in your life.
The key to making the most out of your limited budget is to know what will give you the best return on your investment. You may be able to make a low investment and with your own work turn it into a big one. For example, if you are a handyman, you could look out for a cheap house. By putting in your own work you probably are able to sell it for a lot more later or even rent it out for good money, giving you a regular income to finance your travels.
Real estate Investments are one of the best ways to generate a regular passive income. Some people for example have looked up apartment blocks for sale as it is a lot easier to manage a whole block than to have apartments scattered around the country. Also, there are some management companies that can handle all issues that might come up with the tenants. By getting someone to look after your building you have a lot more time to enjoy your next travel adventures.
6 Other Ways You Can Get Passive Income
No matter if you want to travel the world or just like to have some more time with your loved ones. We all like to have a bit more money in our lives and there is a lot of opportunity these days with the rise of e-commerce and e-business. There are so many ways to make money from your home or van! Here are six ways that have been proven as lucrative by those who have tried them out:
1) Rent your property on Airbnb
2) Sell old clothes
3) Sell online courses
4) Invest in the stock market
5) Create an app or website that people use often and continue to pay for it with ads or subscriptions
If you are deciding your career and you like to know what’s the deal with architects vs real estate agents – maybe to decide whether you should be an agent now or study to become an architect than this article is for you.
Architects design buildings and carry a lot of responsibility – therefore one might think that an architect would gain more money. But this might not necessarily be the case. Of course, it depends on a few factors, such as the country you are working, how famous you are as an architect or how many social connections you have as an agent.
Who Gains More – The Architect or the Real Estate Agent?
Architects gain less on a house than real estate agents, and this is because they don’t get a commission on the sale of the house. They instead get paid by the hour or for their design.
Therefore, there is a sense of fairness in paying architects less than they would pay to an agent. Architects are rewarded for their creative skills that they put into the design of the house, whereas an agent may just be rewarded for negotiating skills.
In some cases, it might be that the architect gets as little as 1% of the house worth for his work whereas a real estate agent might get 3% or more to sell a property. Also, one house might be sold a few times over the years, giving more chances for agents to make money. If that’s the case it seems obvious that it is more profitable to be an agent rather than an architect.
You have to keep in mind though, that agents don’t sell all houses that they have on offer. This means they might be putting a lot of time and effort into some deals that will never give them anything in return.
Architect vs Real Estate Agent
An architect is the one who designs the building. They are responsible for the construction of buildings, buildings layouts, and more.
An agent is a person who sells real-estate property on behalf of the owner. They are also called property agents or estate agents. Their main job is to find clients and help them buy or sell their property.
Architects who are famous are more likely to make more money. They are the ones who design the big building, and they need to be paid for their expertise. On the other hand, real estate agents will always be needed in the process of selling and buying a property.
The Difficulty for Architects in Marketing Their Own Product
Architects face a lot of difficulty when marketing their own work. The architecture profession already suffers from low status and low pay, so it is increasingly difficult to get into marketing your work as well.
They must take on the role of artist, developer, manager, and marketer in order to market their work well. They must become a jack-of-all-trades in order to succeed in this industry.
What Are the Best Countries for Architects?
Architects are one of the most well-travelled professions in the world. They visit different countries for various reasons; such as to get inspiration, to network with other professionals, or even to find a better work environment.
While this is true for all architects, it is especially true for freelancers who have more flexibility in their schedule. Freelance architects often rely on connections with local firms abroad because they can’t afford to work without income for too long.
What is the Difference Between the Two Jobs?
Real estate agents are professionals who are responsible for the sale of properties. They market the property, show it to prospective buyers and negotiate the price of the property.
If you work as a real estate agent you would interact with clients on a daily basis who want to buy or sell their house or land. It is possible to work as an agent without any formal education. Although most people prefer experience over qualifications which is why it’s always better to start by working at another agency before branching out on your own.
Architects usually have graduate degrees in architecture from accredited schools/universities that take three years or more to complete.
Do real estate agents make more money than architects? Yes! While architects need to go to university and carry a lot of responsibility, real estate agents don’t need to go to university, and they make more money with less responsibility.