Tuesday, March 15, 2022

Low-Maintenance Landscape Ideas to Improve Curb Appeal

cool house with grecian blue door and container garden in the front

Do you want to spruce up your outside space but don’t know where to start? The best thing you can do is create a low-maintenance and aesthetically pleasing garden that doesn’t require as much upkeep as conventional gardens.

These are some of the best ideas to consider if you’re looking for simple changes that could make your home even more appealing and boost its value.

Container Gardening

Although not a permanent solution, planting container gardens is a very affordable way to spruce up your yard. They look great, they’re colorful, and they require little maintenance, which helps if you don’t have the time or energy to take care of a large garden. Plus, they can be moved around easily, so you can experiment with different arrangements throughout the year.
You can create your container garden with little more than a few shovels and some soil. If you have room in your yard, try planting vegetables, herbs, and flowers like tomatoes, peppers, flowers, and grapevines. Consider the shape of the containers you’ll use, and choose plants with different textures and colors. It is also important to consider the climate you live in and choose plants that thrive well in your area.

Colorful Front Door

Update the look of your home’s entrance by changing the color or style of your front door. Adding a color that contrasts with the rest of your house can be a bold way to introduce some personality without compromising curb appeal. Even adding a little pizazz, like faux marbles, to an otherwise dull door can have a significant impact for minimal cost.

Or, if you want something that’ll make a statement but require minimal maintenance, paint your door a contrasting color. It’s an easy way to add new life to your house in little time!

DIY Fountains

Fountains are a great addition to any home’s outside decor. They can bring a sense of beauty to your property without the need for constant maintenance. You could also use water ornaments in your garden instead, depending on the type of design you want.

Design with Color

One of the easiest things to improve a home’s curb appeal is adding color. If you have a garden, you can throw in some colorful flowers. If not, brightening up your house by using some of these decorating ideas is easy.

Plant Landscape With Trees and Flowers

Trees are an easy way to add color and shade to any yard without maintenance. To plant a beautiful landscape with trees and flowers, you need to know what flowers and trees grow best with other plants. There are a few different types of flowers, which have varying needs in the yard.

Flowering shrubs are the easiest way to add color and beauty to your yard without much work. They require little water or pruning, but you simply have to ensure that they’re getting enough sun exposure. For trees, you want to look for ones that are deciduous, meaning they lose their leaves in the autumn. Look for trees that are quick to grow and need a lot of sunlight.

Plants That Make Their Own Mulch

This is a great way to keep your garden looking tidy, and it’s all completely natural! Some plants do this with the aid of fungi, or they can release chemicals that preserve themselves; others use mosses to cover up their soil. You could even grow mosses and place them around your flowers to ensure they stay healthy.

Add a Shed or Garden Boxes to Your Yard

If you’re looking for a more permanent change in the design of your yard, consider building a shed or garden boxes. Both are great ways to add an extra touch of personality to the exterior of your home.

A shed is a great way to add storage or create an additional workspace for your home. A garden box is an easy way to add a little greenery to the yard. These can be as simple as a planter with soil-filled at the bottom or more elaborate structures that can be built in any shape or size you’d like.

Add a Rock Garden

A rock garden is a great way to add style and character to your garden but still keep it low-maintenance. By using various types of rocks, you can form a design that suits the theme of your home and then fill in the gaps with small plants.

Xeriscaping

This is a great way to save water and keep your garden looking good at the same time. Xeriscaping means using various plants that don’t need much water to keep them alive and growing. You could do this in the front garden or the back, depending on how much space you have available.

Some of the flowers you can grow:

-Starry Campion prefers moist to dry soil and is better able to withstand drought conditions than many other plants
-Zinnia prefers well-drained soil but is drought resistant as long as you provide it with adequate sunlight
-Sunflower is a great plant to grow for many reasons; not only does it grow fast and tall, but the flowers also attract bees and butterflies. Make sure to plant lots of sunflowers

Use Ground Covers

Ground covers are another way to make your garden more low-maintenance. Ground covers will make your soil more fertile and require less upkeep than regular outdoor gardens. They are easy to plant and easy to remove if you decide you no longer want them.

Establish a Pathway

A pathway is essential if you want to keep your yard looking nice and tidy. It will also make it easier for people to walk around your home without fear of tripping over any plants or stepping into any flowerbeds.

Conclusion

A well-designed garden is an asset to your home and something that can add value to your property. The best part about a low-maintenance garden is that you won’t need to worry about upkeep throughout the year. Once you’ve done the initial setup, your garden should look great all on its own. If you are looking to sell your home in the near future oor are just looking for ways to spruce up your new home, these ideas are all great ones to try.

https://www.thedamrongroup.com/low-maintenance-landscape-ideas-to-improve-curb-appeal/?utm_source=rss&utm_medium=rss&utm_campaign=low-maintenance-landscape-ideas-to-improve-curb-appeal

Thursday, March 3, 2022

Investing in a Rental Property: Where to Start

Couple outside of property considering purchasing it as a rental property

Real estate investing is a great way to turn your passion into a profitable business. If you are considering buying a rental property, it’s essential to understand a few things to think about along the way. The first thing you must decide is where to invest. If you want to buy an investment property, you have several options when it comes to what kind of property it is, what condition it is in, and where it is located. Here we will look at some investment tips for beginners.

Find a good Location

When looking for an investment property, you should consider investing in a location experiencing a lot of growth. This is known as an “up-and-coming” location. This is important because there are more opportunities to find good investment properties in up-and-coming areas.

Look at Foreclosures

If you are looking for a rental property, look into foreclosures first. Foreclosures typically have lower prices, and the possibilities as far as what you might find vary more. You might find a fixer-upper at a great price that you can renovate into exactly what you envision, or a property in great condition for an even cheaper rate than if it had not been a foreclosure. A foreclosure typically will also be easier to find since there may not be many potential renters looking at these properties.

Determine Your Property’s Market Value

Before investing in any property, it’s essential to determine what your property is worth or what you can afford to pay for it. It doesn’t matter if it’s an investment or if you’re looking to buy it as a personal home. Determining what your home is worth is essential because it will play a key role in how much you can profit from the property over time.

Look at Other Properties in Your Area

When looking for a rental property, you may want to consider looking at other properties in your area. This will allow you to compare the quality of the home you are interested in and see if it fits your needs. You can also look at other homes that have been recently sold in that area or whatever area you are desiring to buy in and see what they sold for. This will give you an idea of the market value of a home in your area.

Research Homes That Have Been Sold Recently

If you see a home that has been sold recently, you can use this information to determine how much it was worth at the time of sale and the asking price. If it’s been a while since the home was sold, you can compare this information with what similar properties are selling for in your area to get an idea about their value. All of this can help play into estimating the desirability of the property you are looking into renting out to see if it will be in high demand once you offer it up to rent.

Budget for Unexpected Costs

Some properties may need a lot of repairs before they are ready to rent. If you do not have enough money saved up to cover these repair costs, then you may want to consider buying a property that is in better condition than the one you’re looking at. It all depends on the amount of money you are looking to spend upfront versus in repairs. There is no one way to purchase a rental property, so thinking about these details can be vital. Always ensure no matter what condition the rental property is in, that you have money saved for unexpected costs. As a rental property owner, there are always unexpected costs that you will incur in the lifetime of your ownership of a rental property.

Know Your Credit Score

Before investing in any property, it’s essential to know your credit score or how good your credit rating is. If your credit score isn’t very good, then it may make getting loans more challenging.

Conclusion

Anytime you’re looking to invest in a rental property, it’s essential to do your research and make sure that this is the best decision for your situation. Investment in rental properties can be a great way to make money, and there are many different ways to go about doing it!

https://www.thedamrongroup.com/investing-in-a-rental-property-where-to-start/?utm_source=rss&utm_medium=rss&utm_campaign=investing-in-a-rental-property-where-to-start

Tuesday, February 15, 2022

Finding the Right Mortgage Lender

paper-house-in-paper-city-with-coins-and-bills-in-foreground

Choosing the Best Mortgage Lender for Your Needs

When looking for the greatest mortgage, it’s not just about acquiring the best rate. If you’re not satisfied with the loan originator, you may want to look elsewhere for financing. Many aspects of the loan process are the same across lenders, but certain distinctions might affect the fees you are paid, and the services you get that are worth examining when you shop around for the best deal possible.”

Lenders That Specialize In Mortgages and Work Directly With Customers

Banks, credit unions, and other online and offline businesses are examples of direct lenders. In addition to originating and funding mortgages, they either handle the repayment process in-house or contract it out to a third party. They also set interest rates and conditions, which may vary greatly from lender to lender.

The Easiest Way To Obtain The Greatest Deal Is By Following A Few Simple Steps:

Build Up Your Credit Rating

Ensure your financial situation is in order before searching for a mortgage provider and submitting an application. Pulling your payment history and financial records is part of this process, and the higher your credit rate the better are your chances of approval.

Determine Your Spending Limit

Having a decent idea of how much property you can afford is critical to getting the right mortgage. Taking out a loan that would completely deplete your savings and leave no space for unanticipated costs might be a disastrous financial choice. It is better to go with what you can afford to make the monthly payment on while still having funds left

Your gross income, existing loans, and revolving debt are all taken into account when a lender preapproves your loan. Other monthly expenses such as energy, gas, daycare, and insurance aren’t considered when calculating the cost of living. Factor in these sorts of spending and other financial objectives to obtain a more realistic picture of your budget. Calculate your monthly mortgage payment based on your monthly net income.

Know Your Alternatives When It Comes To Securing A Mortgage

Picking the ideal mortgage lender requires fluency in the industry’s jargon, which includes a thorough understanding of the many kinds of mortgages. You can also tell the difference between fact and fiction about mortgages if you do a little pre-purchase research. Knowing a bit about how mortgages work as well as the different length options and financing options can be a great start to ensuring you make the right choice.

The Best Way to Get the Best Deal Is To Shop Around and Look At Different Lenders

Don’t settle for the first lender you meet with if you’re looking for a loan. Shop around for the cheapest rates, fees, and conditions from various lenders, including banks, credit unions, internet lenders, and small, local lenders. Look for a lender that offers you the aspects that your looking for in your mortgage.

In Conclusion

If you’re not satisfied with the loan originator, you may want to look elsewhere. Lenders that work directly with customers are examples of direct lenders. Brokers of mortgages are certified experts who act as matchmakers. Interest rates and conditions vary greatly from lender to lender. Shop around for the cheapest rates, fees, and conditions from various lenders. Comparison shopping has been shown to save borrowers hundreds of dollars over the life of a 30-year mortgage.

https://www.thedamrongroup.com/finding-the-right-mortgage-lender/?utm_source=rss&utm_medium=rss&utm_campaign=finding-the-right-mortgage-lender

Monday, February 7, 2022

Pros and Cons of Buying a Home with a Homeowner’s Association

Close-up of house models on blocks with letters HOA

Buying a home with a homeowner’s association (HOA) comes with several advantages. The pros include that you will be protected from any future liability for damages to the property, and you will also have access to a pool, park, and other amenities. On the flip side, you may have to pay higher fees for these benefits than if you were buying the property by yourself. If you choose to buy with a HOA, you must understand their rules and regulations to avoid having your credit score impacted by the association. You should also make sure that you are aware of the exact terms and conditions of the HOA, which will most likely be found in their bylaws.

Whether the benefits outweigh the drawbacks depends on your unique situation and what you want to get out of your new home. We’ll discuss the pros and cons more below to help you determine if buying a home with a HOA is right for you.

Pros of a HOA

  • Access to Amenities—Buying a home with a HOA will provide you with access to the community’s amenities. This can include accessing the pool, park, and other recreational opportunities part of the HOA. If you are a member of a HOA, you will also have access to these benefits even if you do not own your home.
  • Home Are Less Expensive—Buying a home with a HOA will most likely make it more affordable for you. You will be paying less in HOA fees than buying the house without the association.
  • Less Maintenance to Do Yourself—HOAs will provide you with maintenance and upkeep of the property. This is a massive benefit to you since your time and money will not be needed to take care of these tasks. As long as you are a member of a HOA, there will be someone responsible for keeping up with your home and ensuring it is safe for occupancy.

Cons of a HOA

  • High Monthly Dues—If you decide to buy a home with a HOA, you will most likely be paying higher monthly dues. This can be a significant factor when determining whether or not to buy with the association. HOA fees can rise over time if you do not take care of them. The more amenities your housing community offers, the higher the fees.
  • Less Privacy—If you decide to buy a home with a HOA, you will have less privacy. This can be important to some people, and it means that a HOA might not be ideal for everyone. The association will likely have rules and regulations regarding using the property. Some may be required to use the pool before 9 AM or after 5 PM on weekdays. Buying a home with a HOA isn’t necessarily a bad idea, but you should be comfortable with the rules and regulations. You should make sure that you understand the HOA’s bylaws and what is expected of members.

Key Takeaways

Housing associations are a great way to get into the housing market. They offer many benefits for those who choose to buy with them. The most important is that HOAs provide you with access to amenities that you wouldn’t have access to if you were buying a home without the association. HOAs also give you peace of mind and protection from future liability. But they can be costly, and they do not offer as much privacy as owning a home by yourself.

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Tuesday, January 25, 2022

The Ins & Outs of Buying a Rental Property

rental property with a for rent sign in the window

There are many reasons to buy a rental property. You might want to earn some additional revenue, build up your portfolio for retirement, or want to learn how the real estate game works. Whatever your reason is, understanding the ins and outs of buying a rental property is important. From figuring out what an investment property will cost you to managing it, many factors come into play when you buy a rental property. This article will outline all the necessary steps to make sure you’re prepared before you buy

The Costs of Buying a Rental Property

When you buy a rental property, there are a lot of upfront costs to take into consideration. Depending on the kind of property you’re evaluating at, you could spend anywhere from $5,000 to $20,000 (or more) for acquiring and preparing the property before it can be rented out.

Location and Neighborhood Matters

When buying a rental property, the location and neighborhood are two of the most important factors. What type of property do you want to invest in? How much money are you looking to spend?

One thing to consider is if the property is close to places like schools, local shops, or public transportation. It’s important for both you and your renters because it can make their commute easier.

Find the Right Property

Before you buy a rental property, you need to find the right property that will produce a good return on your investment. The best way to do this is to take a look at comparable properties in the area and estimate what they would rent for monthly. In many cases, you could also consider an annual lease option.

You should also make sure that the property is desirable and has room for improvement. With some basic renovations, the property could be worth more than it is now – meaning that your investment could grow. This doesn’t mean that all of your money needs to go into the home’s physical appearance, but having an understanding of what can be done to improve it will help you decide how much of a down payment you’ll want to put up for this property. You should also take care of any maintenance issues as soon as possible, so they don’t become more costly down the line.

Managing Your Investment Property

Once you’re the proud owner of a rental property, the next step is to manage it. This includes getting tenants and keeping an eye on them. If you own the property free and clear, good luck! However, managing your tenants becomes more important if you have a mortgage on your investment property. Any damage sustained to the rental by tenants can lead to trouble for you in the long term.

The first step to managing your tenant is making sure they can afford rent. This means checking their credit score to see what type of interest rate their bank offers so that you can offer them a lease at least one percent higher than what they’re paying now. If the person doesn’t have good credit, start by asking for at least three months’ rent upfront in order to cover any unexpected expenses that might come up during their stay in your residential property.
The next step is ensuring the possible tenants can cover all or most of the security deposit upfront or negotiating with them to pay some of it monthly. Security deposits are typically one month’s rent plus an additional amount based on how much risk you want to take on-which will depend on your budget and how much cash flow you need each month.

The Benefits and Drawbacks of Purchasing Rental Property

Owning a rental property can be a rewarding experience. If you are looking for passive income, this is the way to go. You’ll have your rent come in every month without really having to do anything other than ensure the property is suitable for the tenants. On the other hand, managing it can be difficult if you own a property and don’t live near it. You may not be able to visit it often, and you won’t know if there’s an issue with the property until someone tells you (or something breaks).

One of the benefits of owning a rental property is that they’re relatively inexpensive. They don’t cost as much as purchasing a large home or office building that would need much more upkeep and have higher maintenance costs. If something breaks down, your tenants will notify you so that you can have it fixed.

In Conclusion

Buying a rental property may seem complicated, but it doesn’t have to be. The key is to do your research, find the right property in the right location, and manage your property well, making sure your rental income exceeds your monthly expenses.

https://www.thedamrongroup.com/the-ins-outs-of-buying-a-rental-property/?utm_source=rss&utm_medium=rss&utm_campaign=the-ins-outs-of-buying-a-rental-property

Friday, January 21, 2022

Easy & Delicious Open House Snack Ideas

Having an open house soon? It’s a lot of work to ensure you have the right curb appeal and to stage the home staged perfectly. What about snacks for your prospects, have you given them much thought? While people coming in will be interested in the property, good food can make their visit more enjoyable. Great snacks can make potential clients linger around for longer. This gives you more time to convince them to purchase the property. But what snacks work best for a showing? Here are a few tips and ideas.

Stick with the Season

It’s important to offer food and drink that makes sense for the time of year. You don’t want to be serving people with hot-spiced apple cider on a hot summer afternoon. Consider serving cold snacks like fruits or iced drinks when it is hot. A good choice would be apple slices served with a caramel dip. Freshly squeezed lemonade or some tea will also do the trick.

During winter, opt for hot drinks such as coffee and hot chocolate, and keep these in thermal dispensers. Serve these drinks with tasty treats such as banana bread, brownies or chocolate chip cookies.

Homemade vs. Store-Bought Food

If you can make homemade foods, the visitors will often notice and appreciate it. Make big batches of food that can be made ahead of time with minimal effort. Crackers and homemade cheese balls, sausage skewers and creative sandwiches are great options. Aim to offer a small variety of options so everyone can find something they enjoy.

Home-made brownies and other treats made can be the perfect snacks for an open house, but what if you’ve been busy and don’t have the time to make the food? Fear not! Store-bought food can work wonders.

Find a good store nearby that sells exquisite food and serve it nicely. Lay the food on the dining table like you would when setting a dinner table. For the best results, ensure there’s no sign that the food is store-bought. Throw out all packaging materials and transfer the food to home plates, bowls and platters. Be sure to avoid foods that may drip on the furniture or carpets.

Remember The Children

Open houses tend to attract families who are looking to move, which means you will likely be entertaining several children. So, be sure to have some child-friendly snacks on hand. Don’t just think of snacks that kids will like, but also be sure the snacks you choose won’t cause excessive messes. Candies and sweets are perfect for kids. Get tasty toffees and place them at the entrance. With the kids busy chewing on their candies, you are less likely to have a trail of cookie crumbs all over the house.

Plan Your Clean Up

There will be people coming in and out throughout the day, so it’s important to keep tidying. Have a trashcan next to the food area so people know where to dispose of their trash. Whenever you get the chance, clean any dirty areas and empty the bin.

it may be a good idea to avoid serving food on paper plates, as these encourage guests to walk around the house while they snack. Instead, opt for finger foods that can be fully enjoyed in a few bites. Skewered foods can allow you to provide a variety of dishes. You can skew anything that does not fall apart, from shrimp to pineapple.

Anny leftover food should be stored in the fridge and packaged properly. A good idea is to share it with the sellers. Either way, be sure to tidy up at the end of the day before leaving.

In Conclusion

Hosting an open house can be a fun and effective way to sell a home, especially if you have the right foods to keep your guests engaged. Get tasty finger foods that will ensure your guests enjoy their visit. Whether you decide to have a vegetable platter, baked goods, or even barbecue, use high quality ingredients. Be sure to present the food nicely so it looks appetizing and inviting, and you’ll make the experience more memorable for your visitors. When it comes to selling a home every advantage, no matter how big or small, counts.

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Tuesday, December 14, 2021

Surprising Things That Decrease Property Value

for sale sign in focus with a home for sale in the background

Property value is a tricky thing to measure. Many factors affect the value of your property, but it’s important to know what will lower your property value if you want to protect it. In this blog post, we will talk about 10 things that decrease property values, especially in Texas, and how you can avoid them!

Location of the home

One of the biggest things that affect property value is location. If your property is in a bad neighborhood, it’s going to be worth less than if it was in a good one. You can’t control where your house is, but you can research the neighborhoods around you before you buy.

Schools in the area

If there are no good schools in the area, or if the schools are considered dangerous, that will lower the value of your home. Again, you can’t always control this, but it’s something to keep in mind when looking at houses.

Condition

The condition of your house also has a big impact on its value. If your roof is leaking or your windows need replacing, that’s going to make it harder for people to buy your house. If you’re planning on selling soon, put in the effort now to fix things that are broken before you list your home.

Exaggerated decorations

Many homeowners try decorating their houses with art or rugs that fit a theme or style they think will increase its value, but this is one of the worst ways to decrease property values! Doing renovations that are very in line with one theme or style can also decrease the value as well. Stick with stylish simplicity! You want buyers envisioning themselves living in the home, not struggling to see past your decor.

Unappealing Repairs

One of the things that will decrease your property value is if you try and fix something before selling but don’t do a good job! If there are holes in walls or stains on carpets, they need to be fixed now so buyers can see them when viewing your home for sale

Above Ground Pools

You may love having an above-ground pool at your place, but chances are this is one of the things that will decrease property value. If you own an above-ground pool, it’s best to take down all signs before putting your home on sale, even if they are temporary! Nothing is more unattractive than a nice house with a big eyesore in its backyard.

Hygiene

One of the most considered things about home buying is hygiene. No one wants to live in a house that smells bad or has cockroaches running around. If you’re not taking care of your hygiene, this will decrease the value of your property.

Pets

If you’re a dog owner, it’s important to make sure your pet behaves when people come to see your home. Barking and running around will only make buyers feel like they can’t imagine living in the house with a dog there too!

Pests

Another thing that decreases property value is pests. No one wants to buy a house that termites or rodents have infested, so be sure to get regular pest control done if you don’t want this affecting your sale price.

Poor landscaping

Something as simple as bad landscaping can also lower the home’s value. You don’t have to spend a lot of money on landscaping, but if you don’t have any plants or flowers and the yard is just dirt, that will not make a good impression on buyers. Even adding a few bushes can do wonders

Conclusion

Selling your home can be a stressful process, and so can buying a new home. If you consider these tips when trying to sell or looking at a new property, your experience will be smoother!

https://www.thedamrongroup.com/surprising-things-that-decrease-property-value/?utm_source=rss&utm_medium=rss&utm_campaign=surprising-things-that-decrease-property-value