Four Benefits of Adding Shutters to Your Residential Windows

You are considering the addition of shutters to your home and want to know more about the benefits of these very useful and decorative elements. Blinds, drapes, and valances may be considered, but the benefits of installing window blinds far exceeds that of other window treatments. Consider these advantages of installing shutters in your home:

Privacy
One of the biggest benefits of adding shutters is that is adds the ultimate privacy. You can open the blinds at an angle to let the sun in, and activities in your home still cannot be viewed by those driving or passing by. When the holiday season arrives, and you want your Christmas tree to be displayed, they can be opened wide enough for passers-by to enjoy the lights and glittering ornaments.

Cooling and Heat Retention
Keeping your shutters closed in the summer will keep air conditioning inside and in the winter, will add extra insulation. Utility bills will decrease, and you will have more control over household temperatures. Installing a program able thermostat is a great idea as well.

Block Sunlight
Often the sunlight that streams through some windows is very strong, depending on which way they face during the day. Having the ways and means to block or at least minimize the effects can be greatly beneficial. Adding shutters to those particular windows that produce blinding light will give a homeowner control of just how much sunlight will be allowed in that particular area.

Match Any Decor and Window
One of the best things about shutters is that they can be found to fit into any decor style. They can also be fashioned and custom made for any shape, size, or style of window. If the look or color scheme of the room is changed, wooden blinds can be painted to blend in with the new decor.

Is a Long-Term Solution
Installing shutters can be more expensive than adding drapes or blinds, but is a fix that can last for many years. They won’t fade as curtains or drapes can or bend and break like blinds occasionally do. With minimal care and attention, quality shutters can last for as long as you love the look and style.

Aesthetics
Sometimes homeowners add shutters to their homes just because they look so beautiful and add so much to the interior and exterior look of the house. If your home is very plain and nondescript, adding shutters from TheShutterStore may be the perfect solution. These additions are relatively inexpensive and easy to install and give the residence much more eye appeal. This can be a huge selling point if you should ever decide to put your home on the market.

As is clearly evident, shutters do add much to a home. The types and styles of shutters that you purchase will depend on your personality, your needs, and your budget, but know that these additions will add charm and value in a very reasonable and effective manner for many years to come.

Top Tips to Buy Your First Investment Property

Real estate is a sector where investment surely gives profit. Therefore, it is very important to make a sound investment in real estate to earn maximum profits. Investing in real estate is, of course, different than buying stocks because the first investment will only cost you a high amount of money. So, check these top ten tips to buy your first investment property.

Make Sure That the Property Is Meant For You

Do you know how to repair stuff at home? You must be wondering why that is even important because you can always hire someone to do that. Well, that’s true but another truth is that hiring someone to do that will cost you money and hence, your profit will be reduced. Most of the property owners, therefore, know their way to do most of the repairing stuff themselves. You have to make your hands dirty to make sure that the property that you are going to rent is perfect for the tenant. If you have spare cash with you, of course, this won’t be a problem for you.

Clear Your Debts

It is not a wise decision to invest in real estate if you are drowning in debts like student loans or unpaid medical bills. If you are not a savvy investor, then make sure that your debt is clear. If you have a good amount of money and you are sure that there is no financial debt or burden, then you can step in to buy rental property.

Check Your Down Payment

Investing in real estate needs a very high down payment. The scenario for the investor is totally different than an owner who owns just a single building. It would be easier for you to step ahead if you assume that at least 20% of the down payment will be needed for investing in real estate.

Make Sure Your Profit Is Higher Than the Interest Rate

The loan can be taken for sure to invest in real estate but never forget to look at the interest rate on the investment property. It is because you don’t want the interest rate to be higher than the profit that you will be earning; else there is no profit but only loss. Take a deal where the mortgage payment is so low that you can earn a good profit each month.

Calculate Your Margins

The big firms of Wall Street’s buy distressed properties with an aim of 6% return because they also have the staff to pay for. But things will be different for you and as an individual, you should set an objective of 10% return. The maintenance cost of the property should be only 1% annually and if you are able to calculate these margins, you will be earning tons of money in real estate.

Look for a Property That Needs Only Minor Repairs

A big property that can be bought at a bargained price can prove to be a temptation but you should avoid it if you are investing in real estate for the first time. Chances are pretty high that a house bought at a very cheap price will cost you a lot for renovating it entirely. Instead, try to buy a house that is priced below the market and requires only minor repairs.

Don’t Forget To Calculate Operating Expenses

The gross operating income of your new house can be good but remember that the operating expense of this new property will be approximately 60 % of it. Use the 50% rule to calculate the operating expenses of the new property. This will give you a fair idea about the profit that you will be earning.

Think about Profit

Look for return for every dollar that you spend in your first investing property. As a landlord, even if you are able to get 6% of the return for the first year, it will be considered that you are doing a great job. This is because the return will increase with each passing year.

Buy a Low-Cost Home

Buying an expensive home will cost you more expenses for a number of factors. Therefore, try to buy a low-cost home where the expenses can be reduced. It is recommended by experts that the first investment property shouldn’t be more than $ 1, 50,000. Consider investing in property to let in Virginia Water if you are looking for a low-cost home.

Location Is Everything

There is no profit in buying your investment property in a remote area because the demand for the rental property will be low in the region. Therefore, choose a location that has a good neighborhood and facilities to buy your first property. If you rent a house at a right location, you will be able to get a better profit. Rental homes in Sunning dale are a good example of a right location that can give you good returns.

Wrap Up

Having realistic expectations will help you in rising up in investment property. Work with an experienced property to gain experience which can be used later in your other investment properties.