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 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 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 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 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 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 Hot Property written by Rob Nijskens and published by Springer. This book was released on 2019-06-14 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book discusses booming housing markets in cities around the globe, and the resulting challenges for policymakers and central banks. Cities are booming everywhere, leading to a growing demand for urban housing. In many cities this demand is out-pacing supply, which causes house prices to soar and increases the pressure on rental markets. These developments are posing major challenges for policymakers, central banks and other authorities responsible for ensuring financial stability, and economic well-being in general.This volume collects views from high-level policymakers and researchers, providing essential insights into these challenges, their impact on society, the economy and financial stability, and possible policy responses. The respective chapters address issues such as the popularity of cities, the question of a credit-fueled housing bubble, the role of housing supply frictions and potential policy solutions. Given its scope, the book offers a revealing read and valuable guide for everyone involved in practical policymaking for housing markets, mortgage credit and financial stability.
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 Affordable Rental Housing Making It Part of Europe s Recovery written by Khalid ElFayoumi and published by International Monetary Fund. This book was released on 2021-05-24 with total page 97 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many European economies have faced pressure from rental housing affordability that has widened social and economic divergence. While significant country and regional differences exist, this departmental paper finds that in many advanced European economies a large and rising share of low-income renters, the young, and those living in cities is overburdened. In several locations, middle-income groups also increasingly face rental affordability issues.
Download or read book The Financial Crisis Inquiry Report written by Financial Crisis Inquiry Commission and published by Cosimo, Inc.. This book was released on 2011-05-01 with total page 692 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government report on the United States financial collapse and the review of major financial institutions that bankrupted and failed, or would have without help from the government. The commission and the report were implemented after Congress passed an act in 2009 to review and prevent fraudulent activity. The report details, among other things, the periods before, during, and after the crisis, what led up to it, and analyses of subprime mortgage lending, credit expansion and banking policies, the collapse of companies like Fannie Mae and Freddie Mac, and the federal bailouts of Lehman and AIG. It also discusses the aftermath of the fallout and our current state. This report should be of interest to anyone concerned about the financial situation in the U.S. and around the world.THE FINANCIAL CRISIS INQUIRY COMMISSION is an independent, bi-partisan, government-appointed panel of 10 people that was created to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." It was established as part of the Fraud Enforcement and Recovery Act of 2009. The commission consisted of private citizens with expertise in economics and finance, banking, housing, market regulation, and consumer protection. They examined and reported on "the collapse of major financial institutions that failed or would have failed if not for exceptional assistance from the government."News Dissector DANNY SCHECHTER is a journalist, blogger and filmmaker. He has been reporting on economic crises since the 1980's when he was with ABC News. His film In Debt We Trust warned of the economic meltdown in 2006. He has since written three books on the subject including Plunder: Investigating Our Economic Calamity (Cosimo Books, 2008), and The Crime Of Our Time: Why Wall Street Is Not Too Big to Jail (Disinfo Books, 2011), a companion to his latest film Plunder The Crime Of Our Time. He can be reached online at www.newsdissector.com.
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 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 Modular Home written by Andrew Gianino and published by Storey Publishing, LLC. This book was released on 2012-11-19 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modular homes are the perfect solution if you want to build a high-quality, customized home without undue expense or hassle. In this informative guide, Andrew Gianino helps you make the best choices throughout the modular building process, with suggestions for everything from choosing the right dealer and contractor to setting the specs, price, and schedule. Whether you’re looking for a cozy Victorian or want to add a personal touch to a wide ranch, there’s a modular home that will fit your tastes, lifestyle, and budget.
Download or read book Handbook on Residential Property Prices RPPIs written by Statistical Office of the European Communities and published by International Monetary Fund. This book was released on 2013-08-13 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: For most citizens, buying a residential property (dwelling) is the most important transaction during their lifetime. Residential properties represent the most significant component of households’ expenses and, at the same time, their most valuable assets. The Residential Property Prices Indices (RPPIs) are index numbers measuring the rate at which the prices of residential properties are changing over time. RPPIs are key statistics not only for citizens and households across the world, but also for economic and monetary policy makers. Among their professional uses, they serve, for example, to monitor macroeconomic imbalances and risk exposure of the financial sector. This Handbook provides, for the first time, comprehensive guidelines for the compilation of RPPIs and explains in depth the methods and best practices used to calculate an RPPI. It also examines the underlying economic and statistical concepts and defines the principles guiding the methodological and practical choices for the compilation of the indices. The Handbook primarily addresses official statisticians in charge of producing residential property price indices; at the same time, it addresses the overall requirement on RPPIs by providing a harmonised methodological and practical framework to all parties interested in the compilation of such indices. The RPPIs Handbook has been written by leading academics in index number theory and by recognised experts in RPPIs compilation. Its development has been coordinated by Eurostat, the statistical office of the European Union, with the collaboration of the International Labour Organization (ILO), International Monetary Fund (IMF), Organisation for Economic Co-operation and Development (OECD), United Nations Economic Commission for Europe (UNECE) and the World Bank.
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
