Homedit

How to Profit from Your Investment Property Right Away
The Seven Hotel in Paris
Shelving Storage Ideas for Home
Putting Value on Your Home

How to Profit from Your Investment Property Right Away

Posted: 02 Oct 2010 04:05 PM PDT

It seems that only a few people conduct research on the investment property they're purchasing. They think that purchasing a property alone is enough to call it a good investment and they can earn profit from it right away. This may be true a long time ago, but not today since back then, almost properties have a very high value.

There are many factors that need to be considered and researched regarding investment properties before purchasing them. But maybe some of you might think that a good businessman can make an investment profitable in the future no matter how lame a property is. But, I say, why do you still have to wait for the future when you can already earn profit right away?

Does it sound impossible to earn profit right away? No, it's not. This will be the common answer you'll get from accountants or experts on property investment if you ask them this question. If you will familiarize yourself with the different taxation laws, depreciation and the power of negative gearing, you will soon agree with me.

Below are a few factors that can help you determine a good investment property:

1. Purchase a property that is attractive to tenants

When you are in this kind of business, you need to know what most tenants want from a property. This will allow you to set a good price and also allow you to earn profit. When setting a price for your property, make sure that you deduct all the expenses you've incurred that includes repairs, maintenance and the payment for your mortgage.

2. Capital Growth

Choose a property that stands in an area where most properties appreciate rather than depreciate. Conduct a research on the area for you to be able to purchase a good property. The area is said to be feasible if it is accessible, surrounded by several amenities and full of business opportunities.

3. Look for a newly constructed property

It is better to purchase a new or almost new property as you will be spared from paying the so-called stamp duty. When everything else is new, you do not have to refurbish the property even if you will have to pay bigger taxes, which is imposed on almost all properties, whether big or small. On the other hand, if you purchase an old property, you will have to do some renovations in order make it look like new again, which costs a lot of money.

Ready for more amazing design ideas? Check below!

The Seven Hotel in Paris

Posted: 02 Oct 2010 04:02 PM PDT

Paris has long been a favorite destination for expatriates, and artists are no exception.Paris, is one of the most visited city destinations in the world. And who would not be lured by its inspiring architecture, world famous tourist attractions, tasty food, etc.If you going to travel there you may think to book a room in this amazing hotel, Seven Hotel. This really luxury hotel contains 28 suits that are decorated in seven different ways – James Bond, Marie Antoinette, Alice,The Black Diamond, On/Off,Sublime and Lovez-Vous.

Alice

Marie Antoinette

007

The Black Diamond

On/Off

Sublime

Ready for more amazing design ideas? Check below!

Shelving Storage Ideas for Home

Posted: 02 Oct 2010 03:45 PM PDT

Depending on the space available and the way one stays, shelving must be done. One should incorporate different ideas so that they have storage place for everything. One should try and create wall to wall shelving. One can create three open shelf units so that one is able to create a look of a built in storage shelf which will not look too big and dominate the room.

For shelves for storing books, one must leave some space above the books so that the books can be pulled out without any problem. The top shelf of any cabinet should not be higher than 180 cm and this will ensure that it can be used easily. To fit large backs shelves should be around 30 cm. between each shelf one must leave around 25 to 30 cm space. One must carefully choose between heavy and slim shelves, depending on what needs to be stored.

When making shelves, one must also keep the color of the walls lighter than the shelves. If one has to place ornaments in the shelf, they should try and place a backdrop. One can separate the dining and the leaving areas of a house using freestanding shelves, which create space and also utility as the shelves can be accessed from both sides.

The overall feel of a book shelf can be lightened by placing things between books. Books should be arranged by their sizes and this gives a good look also. A personal touch can be added by putting wallpapers on the backdrop of a closed back bookshelf. For a greater impact one should use a dark color on the shelves. If one does not want the shelves to be too dominating, then they can use a light color for the same.

One can create more space in the shelves by putting two rows of the books on the shelves. To do this one can paint a piece of wood same as that of the shelves and place books on it so that one can easily place two rows on one shelf and create more space.

One can also use sliding panels and they can hide things behind them. These create a good look and also create a lot of space. One should try and plan shelving storage so that it can also grow as per the needs of the family. Creating the right storage for a house is important for good looks and also for space.

Ready for more amazing design ideas? Check below!

Putting Value on Your Home

Posted: 02 Oct 2010 03:34 PM PDT

After you have finished renovating our home, it's already time for buyers to see it. But have you already seriously thought of its selling price? This is one of the most important issues that you have to settle before finally entertaining homebuyers. You should know the difference between "price" and "value" when you're trying to sell your home.

Most sellers like to believe that their homes are the most precious of all houses being offered for sale and so it deserves a high price. But when you get inside to see what makes it stand out among the rest, you see nothing extraordinary. Homeowners usually give the best description about their property and some even exaggerate it just to be able to attract buyers. For instance, a seller describes his house as having 4 bedrooms all having toilet and bath, fully furnished kitchen with granite countertops, and an amazing view. This description is the kind of description that you will mostly see in classified ads and what's so different about it? This is how most sellers think and this is what you should avoid if you really want to sell your home.

In order for you to rise among your competitors, you have to have an attractive and reasonable price. Concentrate more on this factor rather than in the description of your home. If buyers see that your home is priced competitively, they will definitely get interested in it and they become one of your prospective buyers. You also have to base you price on to the current market condition in your area so you could come up with the most realistic price.

Price and value are two words with totally different meaning, but are absolutely interconnected with each other, and both of them can tell whether how long your property will stay in the market. I'll give you a concrete example so you could understand better. Let's say your home is valued at $250,000 and what you can do is to price it either higher or lower. You are free to sell it at $800,000, which is three times more than its value. Or, you can offer it to buyers at $150,000 and with this kind of offer, expect that homebuyers will come rushing to your home. But in case you don't get a nice offer in either ways, you may opt to postpone selling your home.

When selling a home, you can't just dictate a price without any basis. The price has to be reasonable for buyers so you will be able to sell it fast.