Vera Oliveira's Blog
34 Ethel St, Blackstone, MA 01504
It’s only a hassle if you’re not in control. There are a lot of ways to do investment property wrong, but here are the ways to do it right so that it’s an asset, not a nuisance.
- Be picky about the property. While you don’t need to purchase anything high-end, always choose something you could live in with no problem. The neighborhood is decent. The roof doesn’t leak. There are no mold or pest issues.
- If you’re not handy, find someone that is to help you out. Houses need maintenance. Taking care of your property is part of the business of ownership.
- Buy extended warranties on the appliances. If something goes wrong, you can get them repaired or replaced instead of having to buy new ones.
- Take charge of the pool care, landscaping, pest control and other services. Your tenants will be happier, and your property will be better for it.
- Have a strong rental contract or lease agreement. Get expert advice so that you’re in compliance with all tenant laws, but don’t leave yourself open to fishy situations.
- Hire a management service if you aren’t able to handle the day-to-day personally. Remember, rental property isn’t mobile, so if your career moves you across the state or across the country, you don’t want to have to sell the rental before you can move.
Owning a rental property is a long term investment. You won’t make your money back in the first year, or even the first several. It’s a long term investment. Don’t plan to live solely on the money unless you can invest in several rental units. But if you do it right, you’ll have a reliable source of passive income that will see you through your retirement years. Eventually, you’ll be able to exit your day job and live on the overage.
Spend time with a real estate professional experienced in buying investment properties. Let them know your long term goals and how you envision your rental property business. They can help you find properties, management services, contractors for repairs and even recommend a pool guy.
8 Clarks Hill Ln, Framingham, MA 01702
If you have plans to buy a house as quickly as possible, it is important to maintain flexibility. That way, you can adjust your homebuying timeline at a moment's notice.
Ultimately, there are many instances where you may need to modify your homebuying timeline, and these include:
1. You are struggling to identify your dream home.
It generally is beneficial to enter the housing market with homebuying criteria. These criteria can help you hone your house search and may be modified as you attend home showings and open house events.
Also, think about where you want to purchase a house. If you would prefer to own a home in a big city, you can tailor your house search accordingly. Or, if you want to live in a small town, you can focus exclusively on residences in areas that match or exceed your expectations.
Even with homebuying criteria in hand, however, changes to your homebuying timeline may be required. But if you remain patient and persistent throughout the homebuying journey, you can eventually discover your dream house.
2. Home sellers are rejecting your offers to purchase.
Once you find your dream residence, you may submit an offer to purchase it. Yet if your offer fails to hit the mark with a home seller, you are unlikely to receive an instant "Yes."
If you find that your offers to purchase houses are rejected time and time again, you may need to adjust your homebuying timeline. Furthermore, you may want to rethink your homebuying strategy.
To submit a competitive homebuying proposal, you should consider a house's condition and age, as well as the current state of the real estate market. This information can help you craft an offer to purchase that accounts for a variety of factors and likely will meet the needs of both you and a home seller.
If a home seller rejects your offer to purchase a house, there is no need to worry. Remember, the real estate market offers many opportunities, and homebuyers who are diligent can continue to search for the right house at the right price.
3. You have yet to find the right real estate agent.
A real estate agent may hold the key to a successful homebuying journey. He or she can help you set realistic homebuying expectations and ensure you can achieve the optimal results.
If you need to adjust your homebuying timeline, a real estate agent can help you do just that. Plus, a real estate agent will keep you up to date about new houses that become available in your preferred cities and towns and set up home showings. And if you decide to submit an offer to purchase a home, a real estate agent will help you put together an aggressive homebuying proposal.
Ready to streamline your home search? Reach out to a local real estate agent today, and you can get the help you need to pursue your ideal residence.
If you have a bath or shower that required caulking, chances are that caulk has seen better days. It's soft, so abrasive cleaners wear away at it. This may cause gaps or ragged holes that trap residue. And even if it's all in one piece, mildew and grime will likely stain it over time.
But beyond the cosmetics, if your caulk is old and porous, it could be letting water behind the tub or shower. This leads to warping of the outer liner and even severe water damage that could go unnoticed for years. The wall or floor could be rotting beneath the surface as we speak.
So if your caulk doesn't look its best, or it's been five or more years since you replaced it, the time is now to remove that old caulk and lay down new.
What you'll need
For this project, you need:
Step one: soften the caulk
If you try to remove caulk without softening it first, it will not come off cleanly. You'll end up doing a lot of extra work. So before you begin, open a window or make sure the room is well-ventilated. Put on your gloves. And then follow the product's instructions for application. It will vary.
Step two: slice the caulk & remove
Carefully use your utility knife to cut the caulk. On a good day, the caulk will come off clean at this point. But even with caulk softener, you may have places where it does not. This is especially true if someone tried to re-caulk in the past without completely removing the old stuff.
If this happens, you'll need some needle nose pliers and a little patience to pull off the stubborn pieces. Now, rake the remained caulk away with a putty knife.
Step three: clean the surface & prepare it
Clean the edges, removing any mildew or scum with your ammonia-free tub cleaning solution. Then go over the area with a 1/3-cup to one-gallon bleach solution. Use a paintbrush to work the solution into the crevices. Rinse and then dry the surface thoroughly with your rag.
And, in case you're wondering, ammonia and chlorine don't mix and could be deadly. So please check those labels.
Step four: apply the caulk & let it dry
Here's the easy part. Use the caulk gun to create an even stream of caulk where you removed the old caulk. Wait at least 24 hours before running water into the tub or shower.
And that's it. Doesn't your shower look great? For more quick projects you can do yourself to spruce up your home, follow our blog.