Open floor plans have been extremely popular in new homes, and for homeowners who are remodeling their current homes. Per National Association of Home Builders, 84 percent of new single homes have full or partial layouts and plans.
There are Pros and Cons in renovating your home to an open floor plan. Before knocking your walls done, consider the following to decide what is right for you.
- Open floor plan will make your home/ space feel bigger because you eliminate unused space.
- You will get more light through the home with the openness of the plan.
- Open floor plan makes it easy to gather around and socialize putting all in one space.
- The plan brings flexibility to home design without having to make a major architectural change.
- Smell from cooking and heat can travel and be more present. Food smell can linger around.
- Open floor plan means less private and noisy. You will notice it may be noisier due to lack of walls.
- Open floor plan mean you can’t hide things. You need to be tidy as less space to hide a mess.
- The style is popular now. Though the trend does not look like it will fade away any time soon, all styles could change over time.
Source: Realtor Magazine/ NAR
Rental properties are one of the best ways to earn passive income and build wealth, but “passive” is a little misleading—it can still be a substantial amount of work. However, with a little planning and dedication, you can run your properties efficiently while also keeping your tenants happy.
Treat it like a business
Successful businesses have plans and procedures that keep things running smoothly, and the same should be true for renting and managing your properties. That means committing to customer service, outsourcing work appropriately, and paying close attention to income and expenses. Don’t just assume that you’ll collect a check each month and everything else will be a breeze.
Thoroughly vet your tenants
Collecting applications, interviewing tenants, and checking references means a lot of legwork up front, but it’s worth it in the long run. Choosing the right tenant could mean going years without incident—no late payments, no legal issues, and no property damage. Choosing the wrong tenant could mean monthly calls and visits to collect late rent, expensive property damage and repairs, eviction processes, court dates, and a whole lot of stress.
Make sure your lease is rock solid
Lease agreement laws vary from state to state, so don’t cut corners—find a lawyer who specializes in lease agreements. You’ll be glad you were thorough if you ever have legal issues with a tenant.
*Article courtesy of Breakthroughbroker.com
Even the most happy-go-lucky dogs and cats have some preferences about the spaces they occupy. If you want to keep you pet as happy and comfortable as possible, here are some things to take into consideration.
Dogs don’t like hardwood
Carpet is more comfortable for your dog when it comes to laying down and sleeping, but it’s also preferable when your dog is on its feet. Dogs typically don’t like hardwood floors because they feel less traction under their paws. They may even try to dig in with their claws to improve traction, possibly damaging your floors. As a compromise, you can place soft, thick rugs on the floor to help your pets relax. You can also place booties or rubber rings on your dog’s feet for better grip.
Fireplaces can be scary
You’ve surely seen a dog get spooked by the sound of 4th of July fireworks. A fireplace isn’t nearly as loud, but can still have a similar effect. Plus, those pops and crackles from the flames are a far more regular occurrence. A quieter gas fireplace is more dog friendly. You can also give your dog a chew toy or bone as a distraction before lighting a fire.
Our pets are family members! Make sure they are safe and happy at the house.