Download or read book The Top Reasons Why You Should Never Invest In Buying A Traditional Home Nor Renovating The Real Estate Property Why Manufactured Homes Are By Far The Most Affordable And Best Type Of Housing Option And The Advantages Of Owning A Manufactured Home written by Dr Harrison Sachs and published by . This book was released on 2020-02-21 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: This essay sheds light on the top reasons why you should never invest in buying a traditional home nor renovating a real estate property an also elucidates why manufactured homes are the utmost most affordable and best type of housing option for prospective home buyers. Moreover, the ample advantages and disadvantages appertaining to owning a manufactured home and how you can earn substantial money so that you can afford to a buy a post-1976 mobile home is delineated in this essay. In spite of its touted merits, there are ample reasons as to why you should never invest in buying a traditional home nor renovating the real estate property. The grave disadvantages associated with owning a traditional home are multitudinous and usher in insurmountable, calamitous problems into the homeowner's life. First and foremost, traditional homes are eminently overpriced liabilities that erode and undermine your wealth, earnings potential, and net worth since they are cost prohibitive to maintain and retain. In other words, the fact of the matter is that the traditional home owns the homeowner rather than the homeowner owning the real estate property. This is because, the homeowner has to pay an exorbitant amount in property taxes, monthly homeowner's association fees, monthly homeowner insurance premiums, monthly utility costs, and unexpected repair maintenance costs in addition to making their lofty monthly mortgage payments just to temporary retain their traditional home that they may preordained to loss if it is foreclosed on them. Much to the dismay of the homeowner who bought a traditional home as a real estate investment, he will succumb to being ineffably burdened with an unprecedented amount of debt for decades long. This bleak outcome that has befallen upon the homeowner is due to him having undergone an exorbitant amount of debt financing in the hundreds of thousands of dollars to acquire the traditional home he presently resides in. His monthly mortgage payments coupled with all the costs associated with home ownership will serve as cash outflows on his end and will therefore render his traditional home investment one that is an albatross of liability since it generates negative cash flow. Homeowners must budget for unexpected repair maintenance costs in the thousands of dollars, such as the costs to repair a leaky roof, remove black mold, or replace a defective furnace. Renovating a traditional home can even render it even more of a sunk cost, especially if the traditional home does not appreciate overtime and is no longer artificially propped up in terms of its value by the bullish speculation of the housing market. Income generating assets on the other hand, such as equities that bear high dividend yields, bonds, and index funds, do not bear such costs to procure nor retain. Second, a traditional homeowner is vulnerable to inclement weather conditions and natural disasters that can ravage their traditional home or even raze their house. For instance, traditional homes can be severely devastated by tornadoes, earthquakes, hurricanes, typhoons, floods, and storms. Repairing a distressed traditional home can be cost prohibitive and it is a major financial risk to invest so much money into something that is susceptible to adverse weather conditions and being decimated by natural disasters. Renovating a traditional real estate property bears an enormous financial risk since your renovations can become a sunk cost if the home is razed by a natural disaster. Investment securities on the other hand, such as equities that bear dividend yields and corporate bonds that offer a high coupon rate, are not as vulnerable to the ravages of natural disasters. A company that you own shares of equity in will not become defunct if some of their customers succumb to loosing their homes from natural disasters. It is also unlikely that they will default on their debt obligations to their corporate bond holders if a natural disaster transpired.
Download or read book Why You Should Never Invest in Buying a Traditional Home Nor Renovating the Real Estate Property Why Manufactured Homes Are the Most Affordable and Best Type of Housing Option and Advantages and Disadvantages Associated with Owning a Manufactured Home written by Harrison Sachs and published by . This book was released on 2020-02-25 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: This essay sheds light on why mobile homes are the utmost most affordable and best type of housing option for prospective home buyers and also elucidates the ample advantages and disadvantages appertaining to owning a mobile home. Moreover, how to make money so that you can afford to invest in buying a mobile home is delineated in this essay. In spite their stigmatized perception, mobile homes are by far the utmost afford and quintessential housing option for most people. Mobile homes of the modern era are today's manufactured homes even though people often prefer to refer to them simply as mobile homes. Mobile home are manufactured in a factory and have just as much structural integrity, if not more, than stick-built homes which are built on the work-site instead of in a factory setting. The mobile homes built after 1976 are no more vulnerable to tornado damage than site-built homes. Stick-built homes may have less structural integrity than mobile homes due to having been exposed to the elements when being constructed as a result of never having been constructed in a factory setting. "The term 'mobile home' refers to an unregulated construction pre-1976, and the term 'manufactured home' refers to a housing unit that is constructed post-1976 following specific rules for design, durability and safety" (Understanding the difference," 2017). The savings for the mobile homes buyers reap goes far beyond manufacturers being able to pass on cost savings to customers from having reduced labor costs and reduced raw material costs from having procured steel, appliances, and the necessary housing parts in bulk. Mobile homes are substantially more affordable than stick-built homes, primarily because they are constructed in a factory, produced in massive quantities with limited customization options available, and the manufacturing process for the mobile homes has been eminently streamlined to minimize inefficiencies. For instance, "Instead of having a separate framing crew, plumber, electrician, A/C professional, cabinet maker, counter top specialist, flooring specialist, sheet-rock crew, insulation crew and concrete crew working for themselves and showing up at all different times like they would on a site built home, you have them all together at one convenient location to work on the construction of the mobile home. Also, each manufacturer will have a limited number of floor-plans that they build. This means that they are building the same plan over and over day after day, which increases efficiency and time as well as cuts down on common building mistakes that are generally experienced with every site built home. All of these floor-plans are drawn by an engineer and are then certified by a licensed plumber, electrician, etc. This cuts down on costs dramatically" (Chapman, 2015). The operational efficiencies associated throughout all stages of the manufacturing process not only culminates in manufacturers being able to produce 4-7 robust, high quality mobile homes in a single day (Chapman, 2015), but also allows the home buyers to minimize their housing costs. Mobile homes can be considered the utmost highest quality homes since all stages of the manufacturing process have been eminently streamlined to practically unalloyed perfection and the raw materials needed to construct the home have not been profusely exposed to the outside elements, unlike stick-built homes that are built on the housing-site. Moreover, mobile homes can be moved and subsequently securely anchored to a vacant parcel of land in order to render it almost impervious to hurricanes and tornadoes. Although the utmost devastating hurricanes and tornadoes can damage any type of home, stick-built homes are no less vulnerable to these calamities than post-1976 mobile homes which are securely bolted to the ground. Mobile homes not only provide a affordable housing option for less than 1/5 of the cost of a traditional stick-built home.
Download or read book Adventures in Mobile Homes written by Rachel Hernandez and published by . This book was released on 2012-03-01 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hernandez, a.k.a. Mobile Home Gurl, shares stories and adventures based on her own experiences in mobile home investingNthe obstacles, the struggles, and eventually the triumphs.
Download or read book My New Roots written by Sarah Britton and published by Clarkson Potter. This book was released on 2015-03-31 with total page 585 pages. Available in PDF, EPUB and Kindle. Book excerpt: At long last, Sarah Britton, called the “queen bee of the health blogs” by Bon Appétit, reveals 100 gorgeous, all-new plant-based recipes in her debut cookbook, inspired by her wildly popular blog. Every month, half a million readers—vegetarians, vegans, paleo followers, and gluten-free gourmets alike—flock to Sarah’s adaptable and accessible recipes that make powerfully healthy ingredients simply irresistible. My New Roots is the ultimate guide to revitalizing one’s health and palate, one delicious recipe at a time: no fad diets or gimmicks here. Whether readers are newcomers to natural foods or are already devotees, they will discover how easy it is to eat healthfully and happily when whole foods and plants are at the center of every plate.
Download or read book Pretty Good House written by Michael Maines and published by Taunton Press. This book was released on 2022-05-24 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pretty Good House provides a framework and set of guidelines for building or renovating a high-performance home that focus on its inhabitants and the environment--but keeps in mind that few people have pockets deep enough to achieve a "perfect" solution. The essential idea is for homeowners to work within their financial and practical constraints both to meet their own needs and do as much for the planet as possible. A Pretty Good House is: * A house that's as small as possible * Simple and durable, but also well designed * Insulated and air-sealed * Above all, it is affordable, healthy, responsible, and resilient.
Download or read book I Love Jesus But I Want to Die written by Sarah J. Robinson and published by WaterBrook. This book was released on 2021-05-11 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: A compassionate, shame-free guide for your darkest days “A one-of-a-kind book . . . to read for yourself or give to a struggling friend or loved one without the fear that depression and suicidal thoughts will be minimized, medicalized or over-spiritualized.”—Kay Warren, cofounder of Saddleback Church What happens when loving Jesus doesn’t cure you of depression, anxiety, or suicidal thoughts? You might be crushed by shame over your mental illness, only to be told by well-meaning Christians to “choose joy” and “pray more.” So you beg God to take away the pain, but nothing eases the ache inside. As darkness lingers and color drains from your world, you’re left wondering if God has abandoned you. You just want a way out. But there’s hope. In I Love Jesus, But I Want to Die, Sarah J. Robinson offers a healthy, practical, and shame-free guide for Christians struggling with mental illness. With unflinching honesty, Sarah shares her story of battling depression and fighting to stay alive despite toxic theology that made her afraid to seek help outside the church. Pairing her own story with scriptural insights, mental health research, and simple practices, Sarah helps you reconnect with the God who is present in our deepest anguish and discover that you are worth everything it takes to get better. Beautifully written and full of hard-won wisdom, I Love Jesus, But I Want to Die offers a path toward a rich, hope-filled life in Christ, even when healing doesn’t look like what you expect.
Download or read book Not in My Back Yard written by and published by DIANE Publishing. This book was released on 1993-12 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: The final report of the blue-ribbon commission appointed by Pres. Bush to study government regulations that drive up housing costs for American families. Examined the effects of rules, regulations, and red tape at all levels of government on the costs of housing in America. Graphs.
Download or read book Kiplinger s Personal Finance written by and published by . This book was released on 2005-11 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: The most trustworthy source of information available today on savings and investments, taxes, money management, home ownership and many other personal finance topics.
Download or read book Rental Housing written by Ira Gary Peppercorn and published by World Bank Publications. This book was released on 2013-03-20 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: The discussion of where people live and how people pay for their housing has undergone a significant shift. Until the mortgage crisis erupted in 2008, the housing policy of most nations focused on increasing home ownership. There had been very little discussion about rental housing, less about social housing, and virtually none about public housing. The mortgage crisis showed the challenges inherent in pushing for home ownership for all. With homes going into foreclosure and with credit tightening in many countries, the need for rental housing increased dramatically. However, most countries are only beginning to consider supporting rental housing as a shelter option. This book is an effort to bring rental housing to the forefront of the housing agenda and to provide general guidance to policy makers. The information it provides can assist key players in housing markets--government officials, private rental property owners, financiers, and nongovernmental organizations--in including rental housing as a critical housing option and in having an informed discussion on how best to stimulate this sector.
Download or read book Ask a Manager written by Alison Green and published by Ballantine Books. This book was released on 2018-05-01 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: From the creator of the popular website Ask a Manager and New York’s work-advice columnist comes a witty, practical guide to 200 difficult professional conversations—featuring all-new advice! There’s a reason Alison Green has been called “the Dear Abby of the work world.” Ten years as a workplace-advice columnist have taught her that people avoid awkward conversations in the office because they simply don’t know what to say. Thankfully, Green does—and in this incredibly helpful book, she tackles the tough discussions you may need to have during your career. You’ll learn what to say when • coworkers push their work on you—then take credit for it • you accidentally trash-talk someone in an email then hit “reply all” • you’re being micromanaged—or not being managed at all • you catch a colleague in a lie • your boss seems unhappy with your work • your cubemate’s loud speakerphone is making you homicidal • you got drunk at the holiday party Praise for Ask a Manager “A must-read for anyone who works . . . [Alison Green’s] advice boils down to the idea that you should be professional (even when others are not) and that communicating in a straightforward manner with candor and kindness will get you far, no matter where you work.”—Booklist (starred review) “The author’s friendly, warm, no-nonsense writing is a pleasure to read, and her advice can be widely applied to relationships in all areas of readers’ lives. Ideal for anyone new to the job market or new to management, or anyone hoping to improve their work experience.”—Library Journal (starred review) “I am a huge fan of Alison Green’s Ask a Manager column. This book is even better. It teaches us how to deal with many of the most vexing big and little problems in our workplaces—and to do so with grace, confidence, and a sense of humor.”—Robert Sutton, Stanford professor and author of The No Asshole Rule and The Asshole Survival Guide “Ask a Manager is the ultimate playbook for navigating the traditional workforce in a diplomatic but firm way.”—Erin Lowry, author of Broke Millennial: Stop Scraping By and Get Your Financial Life Together
Download or read book The Just Right Home written by Marianne Cusato and published by Workman Publishing. This book was released on 2013-01-01 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: Offers a guide to finding the perfect home, covering such topics as renting versus buying, mortgages, assessing neighborhoods, budgeting, evaluating a property's condition, and determining energy use and efficiency.
Download or read book The Wealthy Renter written by Alex Avery and published by Dundurn. This book was released on 2016-09-10 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: A National Bestseller! Why be house poor when you can rent rich? “Why rent when you can buy?” More than any other, this phrase captures the overwhelmingly unanimous promotion of home ownership to Canadians. Real estate agents, mortgage brokers, family, friends, and even the government promote ownership as a safe, attractive, and sure-fire path to personal wealth. This one-size-fits-all advice ignores the reality of Canada’s housing market. Canadians deserve better advice. Faced with expensive house prices in a near-zero interest rate world, it’s time Canadians heard the virtues of renting and seriously considered renting as an alternative to home ownership. Real estate analyst Alex Avery insists renting offers a simple, more affordable way to live, plus in Canada’s frenzied housing market, going month-to-month is dramatically lower risk. He claims the reputation of home ownership as a wealth building strategy is unfounded and shows renters how to replace bricks-and-mortar with better investment opportunities.
Download or read book Commercial Real Estate Investing For Dummies written by Peter Conti and published by John Wiley & Sons. This book was released on 2011-02-09 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: Make real estate part of your investing strategy! Thinking about becoming a commercial real estate investor? Commercial Real Estate Investing For Dummies covers the entire process, offering practical advice on negotiation and closing win-win deals and maximizing profit. From office buildings to shopping centers to apartment buildings, it helps you pick the right properties at the right time for the right price. Yes, there is a fun and easy way to break into commercial real estate, and this is it. This comprehensive handbook has it all. You’ll learn how to find great properties, size up sellers, finance your investments, protect your assets, and increase your property’s value. You’ll discover the upsides and downsides of the various types of investments, learn the five biggest myths of commercial real estate investment, find out how to recession-proof your investment portfolio, and more. Discover how to: Get leads on commercial property investments Determine what a property is worth Find the right financing for you Handle inspections and fix problems Make big money in land development Manage your properties or hire a pro Exploit the tax advantages of commercial real estate Find out what offer a seller really-really wants Perform due diligence before you make a deal Raise capital by forming partnerships Investing in commercial property can make you rich in any economy. Get Commercial Real Estate For Dummies, and find out how.
Download or read book 50 Real Estate Investing Calculations written by Michael Lantrip and published by Michael Lantrip. This book was released on 2018-01-13 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: When Real Estate Investors say, "I wish I'd known that," this is what they are talking about. Real Estate Investing Calculations are the Rules of Real Estate Investing, and you must know the rules. Real Estate Investing offers you four huge benefits that other forms of investing do not. *Cash Flow. *Asset Appreciation. *Financial Leverage. *Special Tax Treatment. But your success will depend on how well you estimate these items before you purchase a property, and how well you manage them after you purchase. A basic rule of Business Management is "In order to manage, you must first measure." And that's the purpose of 50 Real Estate Investing Calculations. This book teaches you how to generate these numbers yourself, and explains their meanings. These Calculations are the tools of your trade.
Download or read book Kiplinger s Personal Finance written by and published by . This book was released on 2005-03 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: The most trustworthy source of information available today on savings and investments, taxes, money management, home ownership and many other personal finance topics.
Download or read book How to Make Money from Rural Land Property written by Nicholas W. Maslaney and published by . This book was released on 2016-09-22 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: People say buy land because they are not making it any more. Is this statement true or false? Does scarcity of rural land matter? This book addresses this issue. Does equity exist in rural land? What is equity? How do people have find a good rural property to buy? Where should someone look to find rural property? What rationale is used to buy rural property? When somebody does find a good property, what is the next step? Using leverage is good, but how much and when? Investing in rural property is not as hard as you think.
Download or read book Building Your Own Home For Dummies written by Kevin Daum and published by John Wiley & Sons. This book was released on 2011-03-04 with total page 386 pages. Available in PDF, EPUB and Kindle. Book excerpt: Keep construction on track with helpful checklists Turn your dream of a custom home into reality! Thinking about building your own home? This easy-to-follow guide shows you how to plan and build a beautiful home on any budget. From acquiring land to finding the best architect to overseeing the construction, you get lots of savvy tips on managing your new investment wisely -- and staying sane during the process! Discover how to: * Find the best homesite * Navigate the plan approval process * Obtain financing * Hire the right contractor * Cut design and construction costs * Avoid common mistakes
