Pros and cons of investing in real estate

Investment advisors always advice people to diversify their investment portfolios to reduce investment risks. You can include real estate as an asset class in your real estate portfolio. There are two main ways you can do that; you can invest in Real Estate Investment Trusts (REITs) or buy and hold actual properties. The former is a passive way of investing in real estate, and the latter requires more time and effort and generally has more returns. Outlined below are some of the pros and cons of real estate investing.

Pros of real estate investment.

The ability to use leverage 

When you want to buy bonds or stocks, you need to have the cash on hand. When purchasing property, you can be financed with long-term, fixed-rate mortgages. This means you can own several properties at a relatively low cost. If these properties produce income immediately, a positive return of investment can happen quickly and consistently. 

You are leveraging other people’s money (i.e., the bank) to get a significant market stake and consequently, much more returns. This is because the full price of one house can be the down payment and closing price for several houses when financed by the bank. Another advantage is that your existing investments can finance their own improvements and upgrades, increasing the investment property’s value and potential. 

Benefits from capital growth

Land is a limited resource. As the human population increases, so does the demand for land driving up the cost. This is one of the reasons real estate prices are generally increasing. Property values are also affected by inflation and improvements to the property. Not all improvements to property involve upgrading the actual property; sometimes, there can also be external improvements. Infrastructure developments are an example of external improvements. An area that builds schools, roads, and hospitals, among other necessary amenities, will attract more buyers leading to an appreciation of the property’s value. 

Allows for passive income

When you invest in REITs, you earn from the dividends. When you invest in actual property, you earn from rent from tenants. Either way, your investment is making you money passively. When your properties are set up, your rentals can provide a monthly cash flow. Cash flow is money left after the bills are paid. Having cash flow allows you to spend time with your family, have time to build your business, and have enough money to reinvest in more real estate. 

Builds equity

Equity refers to the how much you would receive from the sale of the property after paying off the mortgage. If you use leverage wisely, your tenants are inherently buying the property for you. If you buy a rental property on a mortgage and have the tenant’s rent pay off the mortgage, they are increasing your net worth. If, for example, you owe the bank $150,000, and in a year you owe $130,000, the tenant has made you $20,000 richer. 

Real estate grants you control

You have no control over a company’s decisions that influence the value of the stock you own. With real estate, I can decide what rents to charge, what improvements to make the property to increase profit, and how to attract and evaluate tenants, all of which directly affect your returns. 

Cons of real estate

It requires a lot of capital

You can buy stocks or bonds with a little money compared to how much you need to purchase a property. If you want to own the property entirely, you need to have the full amount for a house. If you’re going to be financed by the bank, you still need the down payment money, the closing costs, and the costs of repair and updating the property. Over time, you may need to pay property taxes, insurance, property payment fees, and mortgage if you owe it. 

Property management is not easy

You need tenants to make rent. Some tenants can be challenging to deal with as they delay rents. Furthermore, if they do not take care of the property, they can negatively affect your cash flow by leaving you with expensive repairs. Not to mention the fact that sometimes you may have no tenants at all. 

You cannot quickly liquidate

When you need quick cash, you can easily sell your stocks or bonds. Selling property, on the other hand, will take a longer time. This is besides the fact that selling property has higher transactional costs than stocks

You are easily affected by the property market

If the property market goes down, so does your investment. If interest rates rise, your returns will be affected too, putting a pinch on your disposable income. 

If you are looking for property to invest in, first of all, do your homework. Determine places that seem to have the potential to increase in value in the future. Go to home listings like Movoto or use an agent to find a home. Have the house inspected, buy it, and start your journey as a real estate investor. 

5 Good Reasons Why Estate Planning is essential for you

Making a plan for your estate is among the most valuable things you will do for your loved ones. Nonetheless, it is a job that all of us fear and put off coping with later in life. Going to decide who will inherit your estate is a tough decision and a critical component of life planning when it comes down to this. Proper estate planning helps support families of small children and helps the descendants prevent tax overpayments.

What is an estate plan?

An estate plan is a series of official documentation that details how you want your properties to be allocated when you pass away, and how you want people to make health and financial choices if you are unable to do so for yourself in your life. If estate planning was once deemed anything involving only wealthy individuals, it has changed.

A detailed estate plan will make you feel more secure about the future, understanding that it will take care of your loved ones, and that the legacy you leave behind is the one you want.

Protect your Family

If you have kids, you have to be ready for such a tragedy. Mainly, this will entail creating a will, which is just a part of planning the estate. In your will, you must decide how to take good care of any children as young as 18, and what things in your estate they must inherit when they come of age. Without a will, the state does not only determine who gets your assets but also who raises your kids. If you care who should be your children’s guardian if you carry, you must make such an implementation in your will.

It protects your Family Fights

Those scary stories we’ve all heard. Someone who has money ends up dead, and the war between members of the family starts. One brother may think they deserve better than another, or one sister may believe they should be in charge of the assets even though they’re notorious for debt rolling.

Attorney

For the best estate planning, you would be needing a good lawyer who can help you in solving all your queries and also with your paperwork. Attorneys in estate planning have the skills and expertise to help you achieve harmony by planning and Bulverde estate planning attorneys are a very good option to consider.

Guard your assets from unexpected lenders

Protecting your properties with your solicitor is a significant component of estate planning. In the case that a lawsuit comes up in the future, this will help secure your assets. This is particularly useful if you are working at the company that often experiences lawsuits, such as advertising or residential property or the medical sector. Against shareholders it comes in useful.

It spares you from tax

It is vital for estate planning to transfer wealth with an eye to descendants to create the lowest tax burden feasible for them. And with only a bit of planning for the estate, couples can minimize most or even more of their federal and provincial property taxes and state estate taxes, which can get very costly.

If you want to protect your money and your family members when you can’t do it anymore, you’ll need an estate plan. So don’t delay it and start preparing, NOW

X Qualities That Make Gizmogo Better Than Online Marketplaces And Trade In Programs

Selling old electronics can have a range of benefits. For starters, selling off electronics that you no longer use can help you earn a few extra bucks. 

Moreover, if your old electronics are simply collecting dust in a drawer somewhere in your home, selling them off will help you declutter, which in turn has several benefits related to reduced stress and improved productivity.

Whatever your reason may be, getting rid of old electronics can turn out to be a tricky process. From finding the right buyer to ensuring you get the best value for your electronics, what may start as a cleanup project or a part time side hustle, can easily turn into a full time headache.

Thankfully, selling your electronics is now easier than ever with Gizmogo.

However, with new online peer to peer marketplaces and trade in programs popping up everyday, there are a number of other options you can consider.

So what makes Gizmogo better than these options? Here are five qualities:

Social Distancing Friendly

Social distancing has become the new norm and has made selling anything offline a dangerous task. While you cannot hold a garage sale or call your friends over to check out the items you are trying to sell, you can always sell them online.

With Gizmogo, you can get the quote online and the payment transferred to you digitally. All you are required to do is to pack the item you are selling and drop it off at the nearest UPS or USPS office.

Lucrative Evaluation Of Your Device

Gizmogo offers the highest price guarantee that ensures you get the maximum possible value for your electronic devices. 

While selling to brick and mortar stores is another easy option to sell your electronics offline, Gizmogo pays an average of 10% to 20% more than such local stores.

No Haggling Involved

Online peer to peer marketplaces like Swappa and Facebook Marketplace have recently gained a lot of popularity. There is no doubt that these platforms are working hard and have introduced some cutting edge innovations to make selling on their platforms easier and safer.

Be that as it may, the truth remains that on these platforms, you are mostly dealing with strangers. Moreover, these strangers are not businesses with legal liabilities, these are unknown individuals that can even use fake accounts to reach out to you.

Even if you ignore the safety factor, you will be required to talk to and negotiate with potential buyers that would all be looking to haggle with you. While there is still a good chance that you can get a decent price for your products, the investment of time in the process is going to be considerable.

Instant And Convenient Payments

Another advantage of selling on Gizmogo is instant payments. Once the experts at Gizmogo receive your product, your payment will be released within 24 hours.

If your product’s condition turns out to be better than what you described, you will be given a revised (possibly higher) quote. Similarly, if your product’s condition is not as good as you described earlier, the revised quote will be shared with you.

If you accept, the payment will be sent to you within 24 hours. 

The best part is, you can complete control over how you want to be paid. Unlike online trade in programs, Gizmogo does not pay you in gift cards (although, that is an option).  

Besides Amazon gift cards, you can choose to get your payment in your bank account or through Paypal or through the good old fashioned cheque.

Not to forget, trade in programs have a bad rep of paying rock bottom prices for used electronics.

Conclusion

These are just a few of the many, many things that make Gizmogo the best option to sell your electronics. 

But don’t take our word for it, log on to our website and see for yourself!

Learning How to Invest Well

Investing By Learning the Terminology

Investing can be difficult. That is why there are so few people in the world who are able to do it effectively. It is why the stock market has millions of people who lose all their money every year. It is also why people who are skilled investors earn so much money. It takes a full-time job where someone spends almost eighty hours every week to be able to be a capable investor. It is just a very difficult job that not many people can do. 

A man or woman can become a good investor by focusing on the fundamentals and doing great research. They also need to understand the terminology since investing is like another world. Things like understanding preferred stock vs common stock is an important part of understanding how people talk in the investing world. Once you have understood these concepts, it becomes a lot easier to be successful.

The investing world also has a lot of ways of talking about things. For example, your assets need different terminology in order to manage them. For example, doing things like valuations needs you to understand the language of talking about valuations. 

You also need to know what a bond is and another type of talking. You also have the whole mathematical aspect of investing. Mathematics is a very important part of investing, and you need to have an understanding of the foundation of mathematics before you can become a success in this field. It does not come easy and there are not many people in the world who can speak about investing in a smart and sophisticated manner. Investing makes the world a lot better since it allows companies to have the capital they need in order to grow and develop.

The Stock Market

All the concepts of investing come around to form the stock market. This is the market where there are buyers and sellers and various other entities that provide services for companies and individuals alike. The stock market is a huge part of the world economy since it allows companies to get access to the money they need. Having the necessary cash on hand is essential for companies that are looking to expand and even buy new things. Sometimes, it is needed to pay workers when the company isn’t yet profitable. 

Raising money for the stock market is something that is as old as time itself. In today’s world, it may not be as common since there are many other avenues to getting money. For example, getting money from venture capital is important in the way companies can raise cash. However, once you have understood the world of investing that it gets a lot better for you. You are able to make smart rational decisions that leave you in a better place than before you started. It also helps you with the other important part of being successful in the investing world, which is research.

Importance of Research in Investing

Research is an important part of investing. Without research, you wouldn’t understand what you are putting your money in. You need to be able to do effective research to understand the companies that you will be buying shares in. Without that underlying research, you will find yourself not having the funds necessary to live on since you would’ve lost their all. The most important reason to do research is without it you are gambling. The stock market is considered gambling by so many people because they don’t understand the necessary language of investing and mathematics. Then you add in the fact that they don’t do any research and it becomes gambling for them.

Future of Investing

The future of investing is one where there is a lot more technology. Technology has transformed the marketplace from what it was in the 1980s. Technology will continue to do this by digitizing a lot of things that are being done by human beings. It will also create a lot more high-frequency trading companies than there were before. There are a lot of places and people who are working that won’t be in the near future. That is because the investing world is being transformed by technology. Is making it a lot easier and faster to buy and sell pieces of companies on the global markets.

Why should you hire an expert event planner

Hiring a planner will help you plan correctly, minimize errors and eventualities, keep in mind every last detail, save time and money, ensure success and enjoy the event. We have some great reasons that will show you the benefits of having professional help at hand. Here are the top reasons why you should consider hiring an organizer for your business events or other types of event.

Zero stress

The organizer is ready for everything, and for what is not, find a solution; he knows what, how, when, where and why. Your work will allow you to focus on your priorities, and you will be totally free from all anguish. There is nothing sadder than watching everyone participate and have fun, and you are busy with the guest registration. With the event planner, your only concern will be to find the right outfit for the occasion, sleep well to be lucid and enjoy the moment; without a doubt, they will make your life easier.

To the smallest detail

“Attention to detail” one of its characteristics par excellence. Although his work demands many things at once, the planner has the ability to listen to what you want and especially what you need, even managing to bring to reality what you cannot say with your words. Keep in mind each stage of the event and keep track of all the activities perfectly.

Due to its level of organization, he handles checklists, both standard (for all types of events) and customized (which demand something special or important to take into account in a given event).

Save time and money

All the tasks of an event involve time and money. The first cannot be recovered, and although the second yes, nobody is willing to invest in losing, so the planner is an expert in optimizing time and adjusting the budget to the event.

Due to his organizational skills, he does not waste time! Take advantage of every minute and know how to prioritize the importance of the urgent, even set aside time for possible unexpected events.

And well, for his experience and relationships with different distributors, he is an expert in negotiating and getting the best prices adjusting to your budget without neglecting quality.

It is better good known than bad for knowing

His career in the industry has allowed him to know a wide variety of suppliers, which means that his contact list is too complete, and according to your needs and expectations, he will hire the most suitable service for the occasion.

An event planner for the organization of your event brings too many advantages and will undoubtedly take a great weight off you; The level of stress, effort, organization, creativity and coordination that an event implies is a challenge that requires total willingness and commitment so that absolutely everything goes well. We hope you keep it in mind when creating an event.

Hiring an organizer for your event may seem like an unnecessary expense for some people. In reality, the most likely is that if you want to organize your event yourself, instead of saving money, you will be wasting time and money. It is also very likely that you will face many problems that you never imagined. Here are the best reasons why it is best to go through an organizer for your business events.

Your event organized in record time

This is one of the first advantages of hiring an organizer. He is able to organize an event quickly. If you are right about timing, then trust a professional. This advice will also probably save you a lot of money. Indeed, when you are stuck with a last-minute problem, you often have to pay a high price for a solution or employ temporary workers at the last moment or go through a professional. The organizer knows how to control and anticipate such problems. It also has a directory of people who can correct last-minute problems.

Hire an organizer to save money

This may seem paradoxical, but hiring an organizer will allow you to stay within your budget but also save money. Indeed, an organizer will manage your budget as best as possible without forgetting anything. It is a recurring problem among people who organize an event for their business themselves, forgetting certain details and realizing it at the last moment, thus increasing the bill often far beyond the budget. A professional will also be able to tell you if your budget is unrealistic in addition to knowing where to save.

Take an organizer to reduce organizational stress

Organizing an event means dealing with 4 important elements: the budget, the list and location of the guests, the location of the room and the catering part. To this is added a multitude of small details to be coordinated within a determined period. These details are generally those that increase stress to levels that are sometimes difficult to bear. Choosing an organizer for your event will save you these stresses and allow you to focus on the important.

An organizer to achieve business goals

Whether it is a product launch, a general meeting, a B2B fair or any other special event, you will certainly have business objectives to be reached given by management. An organizer can help you best achieve your business objectives, even strict ones. Not only will he save you time and money, but his work will allow you to focus on your business goals. It can also be excellent advice to help you optimize your strategy and better manage the return on investment of your business event.

Take advantage of an organizer’s contacts

This is an extremely important element. An event organizer knows a lot of people, whether in terms of room rentals, equipment suppliers or even restaurateurs. Its privileged contacts often allow it to have more attractive prices but also help you to choose the most suitable suppliers for the type of event you wish to organize. He generally has different contacts for each activity and will be able to direct you towards the professional adapted to your needs and your budget.

Conclusion 

As we have seen, hiring an organizer for your event is the ideal solution. Not only will he be able to advise you, save you money, but also you will be able to take advantage of his contact book and his expertise to have the best event, which meets your expectations and stays within the allocated budget. Hiring an event planner will be your safest bet when it comes to making your events successful. 

6 ways to build funds for your next family vacation

When you lead a busy, hectic life – let’s face it, who doesn’t? It’s always nice to have something to look forward to. Weekends come and go, but it’s often the annual family vacation that most families count down to every year. Arranging a vacation requires a lot of financial planning.  One way that families reduce the financial burden of organizing a family vacation is by booking it well in advance and paying in smaller instalments so they can spread out the cost. 

Wondering how else you can build up your funds for your next family vacation? Check out 6 ideas below.

Check you’re getting what you’re entitled to

The cost of living is increasing but sadly our salaries don’t often reflect that rise. Therefore, it’s always a good idea to check that you’re receiving the benefits that you’re entitled to. Whether you’re on a lower income, a single parent or even a veteran who’s recently left the military – check out disabledvets.com to find out more about your veteran benefits – you could be entitled to more money than you think, that will not only help towards the day to day life of raising a family but also relieve some of the financial pressure you’re under. 

Try to earn a little more

You probably already have a job, and when you have small children at home it might be difficult to dedicate more time to earn more money. However, there are ways you can earn a little more without leaving your children in expensive day care centres or with babysitters. For example, you can declutter your home and sell any items you no longer want online. Start a small side hustle from your living room, such as sewing services, freelance writing, or even selling baked goods. 

Cancel your gym membership

Are you one of the thousands of people who took out a gym membership with the best intentions yet haven’t been for months? If you’re not making the most of your gym membership then simply cancel it as soon as possible. Even if you enjoy using the gym, opt to work out at home instead with some basic equipment or follow workouts online. 

Get rid of your landline

If you have a landline, ask yourself why? Does anyone actually call you on it? Apart from telemarketers of course! Have it removed and save the money into your vacation fund instead. Most people communicate via their smartphones these days! 

Pay with cash

We all know that paying with card or contactless is quicker and more convenient than cash. However, it can often lead to overspending. Take out however much cash you think you might need at the beginning of the week and simply try not to spend it all. You’ll be amazed how much you resist spending when you have the money physically in your hand. 

Buy second hand

Kids need a new t-shirt? Or maybe you need a new handbag? Head to your local charity shop and see what you can find. You’ll be amazed at the quality of items you’ll find.

1MORE Headphones Black Friday/Cyber Monday Deals

We’ve rounded up some of the best deals on headphones this holiday season from 1MORE and Puro Sound Labs. From kid’s safety to stylish, true wireless listening, to gaming there’s something for everyone to enjoy, with most products retailing at under $100.

1MORE Headphones Black Friday/Cyber Monday Deals

Use Discount Code BFCM on usa.1more.com for 35% off site wide  11/29 –  12/6.

PuroQuiet: 

Regularly $99.99 on Amazon and PuroSound.com

20% off at $79.99

 

JuniorJams:

Regularly $49.99 on Amazon and PuroSound.com

20% Off at $39.99

 

PuroGamer:

Regularly $79.99 on PuroSound.com and on Amazon

Over 37% off at $49.99

 

BT2200:

Regularly $79.99 on PuroSound.com and on Amazon

25% off at $59.99

 

PuroCalm Earmuffs:

Regularly $29.99 on PuroSound.com and on Amazon

40% off at $17.99

 

PuroPlugs:

Regularly $29.99 on PuroSound.com and on Amazon

33% off at $19.99

 

Also Puro Black Friday and Cyber Monday Deals can be found below: 

November 28 – December 2

PuroQuiet: Regularly $99.99, On Sale for $74.99

BT2200: Regularly $74.99, On Sale for $54.99

PuroCalm: Regularly $29.99, On Sale for $17.99

PuroPlugs: Regularly $29.99, On Sale for $17.99

PuroGamer: Regularly $79.99, On Sale for $49.99

Gabb Wireless Black Friday Special #BlackFriday #GiftGuide

Review of the phone to follow shortly, but as of now, I can highly recommend this service. It’s perfect for kids and families.  Check it out, and this is a really great deal. Perfect time to buy.

Thanksgiving evening until midnight on Black Friday Gabb Wireless is giving away a Gabb Z1 smartphone with the purchase of a Gabb Basic service plan. The Black Friday offer is available at GabbWireless.com using the onsite promo code and is limited to 5 lines per family.