The carpet rule or 80/20 rule is a requirement to cover 80% of the walkable part of your floors with carpeting. This practice’s primary purpose is to reduce noise and decrease the risk of disturbing the downstairs neighbors. Is There a Law Requiring Carpeting? Despite popular belief, this rule is not explicitly stated in any […]
Cannabis laws are changing at a rapid pace. The movement to legalize medical and recreational marijuana is gaining speed across the nation. Marijuana is prescribed for various medical conditions as well as widely used for recreational purposes. It is no longer a taboo or despised activity. In fact, cannabis transformed from a fringe movement to […]
Residential property as any commodity has a lifespan. You cannot utilize it forever, at a certain point the walls will become fragile, a foundation will start to sag and the building will collapse. However, the building can last for centuries if it is properly exploited. Of course, you cannot fully get rid of the wear […]
Purchasing property in a college town might seem a risky endeavor. Investors don’t put a lot of trust in young adults, who are commonly perceived as reckless party animals. Consequently, landlords fear low-quality tenants without references and bad credit score. In the same time, real estate investors panic about wear-and-tear and potential damage to their […]
If you are looking for a new career path, you should know that the drone industry is booming. So, there is an opportunity for everyone to start a great business with a minor investment. Drones can create exclusive aerial photo and video content for marketing and advertising. Major companies reserve to the third party providers […]
Once you made a decision to invest in the rental property you have another important choice to make. Will you prefer short-term or long-term renting? It is quite different business strategies and you should carefully weigh the pros and cons. Short term rentals usually last for a week or two and are paid on the […]
The housing market of the United States is undergoing a substantial transformation. The subprime mortgage crisis undermined the public trust in the industry. 2018 marks the 10 year anniversary of the real estate crash which jumpstarted the biggest economic crisis in US history since the Great Depression. In many aspects, the US economy rebounded since […]
Sometimes a good investment is not the most obvious juice. Former affluent Downtown areas plunge into recession while abandoned inner-city neighborhoods undergo gentrification and property prices skyrocket. When the timing is right poor disenfranchised areas become a magnet for investments in a matter of years, not decades.We are living in the times of volatile economy […]
Renting out to college students is one of the most lucrative and at the same time risky endeavors. While there are many great on-campus housing options available, there is always a big share of students who can’t get them. Every year, a new wave of freshmen move out of their parents’ houses and look to […]
So, you’ve decided to enter the lucrative field of the real estate. Rest assured, it is a promising industry with a high demand for qualified professionals. However, the real estate world is also highly competitive, unpredictable, and arduous. You want to be fully armed with knowledge and skills from the get-go in this business. Luckily, […]