You are looking for a way to add beauty to your backyard while giving your guests a place to sit when they come to visit. While there are many options to add to the ambience to the exterior of your house, installing a stone paver patio might be the least expensive while giving your yard an elegant look. Here is how to put in a patio like this. Prepare the area Once you have the stones, edging, and cement paver sealer purchased, you will want tie of the area you want to work in to prevent others from disrupting your work. Remove the grass and add gravel to the place…
-
-
Understanding All of the Subtle Dangers of Carpenter Ants
When people find carpenter ants in their homes, they should never assume that it’s just a random occurrence that they can ignore. If they spot one ant, there are probably countless others in the house. Sneaky Carpenter Ants Carpenter ant and termite infestations can both be devastating. It’s worth noting that as awful as termite infestations can be, at least people will usually realize what’s happening relatively quickly. Carpenter ant infestations are often more insidious. It might take a while for people to even notice that they have a carpenter ant population at home. Moisture Problems Carpenter ants also tend to target houses that have already been damaged in other…
-
Rental Properties and Cash-Out Refinance
Today I want to talk about passive income and why banks like giving money over to you when they see that your rental property is performing and is producing cash. So you probably think about getting a mortgage on a rental property. You probably think about, hey, I don’t own it yet. I’m going to go to the bank, they’re going to give me money, and I’m going to buy it. Yeah, that’s one way to do it. But the way that the banks really like is when you’ve already bought it, maybe using your own cash, so you have some skin in the game. You own that rental property.…
-
Does Selling Rental Property affect Taxes?
If I lived in a home for several years but moved out 10 years ago and made it into a rental, what are my tax options if I sell it? Do you want to whack this one, too? Well, your only tax option is going to be to recognize capital gain or capital loss on the sale of your home. Since you’ve been out of it for 10 years, you’re not entitled to the $500,000 personal home exclusion. So you’re going to have to just treat it as the sale of an investment. – It’s an investment property. Here’s the big thing to think about. When you take a personal…
-
Small Bathroom on a Budget
Ronnie and Bianca’s outdated powder room needed a major facelift. But with a budget of just $ 800, how did their room go from this to this? Find out now. First step, call a pro. Start with a local bathroom remodeling company. Ronnie and Bianca contacted Maria about a Homes and Garden’s expert. This is our current vanity. So, it’s a fine, I mean it’s, There’s nothing wrong with it, it’s just nothing fancy. Yeah. The flooring is terrible. It’s just linoleum, we’ve always thought about doing more with tile. There’s a lot of easy installs. Parts of options now that are great for do- it- yourselfers. So the most…
-
Should you spend money on renovating an investment property?
Today, we’re going to talk about, should you renovate, spend money on renovating an investment property? The simple answer is you don’t want to overspend. If you find a great property and it looks like it’s in fantastic shape and you get an inspection, and you realize that all the mechanicals in the property are in great shape, then you probably don’t need to. But if that’s not the case, then you probably want to spend some money to renovate that property. Now the properties that I end up buying, I mostly pick them up and through all manner of disrepair. They’re going to need a whole makeover basically. And…
-
How to Secure Your Home for Extreme Weather
If you live in an area that is susceptible to natural disasters, it may be important to invest in protecting your home against weather events that could cause catastrophic damage. Here are some tips for making sure your home suffers minimal destruction. Upgrade Your Roofing Storm-proofing your roof can save you thousands of dollars in the long run. A good storm-proof roof can be made out of any material, but metal tends to be the most reliable. For shingle and tile roofs, it is a good idea to secure each piece individually into place to prevent them from flying off from high winds. Regularly check your roofing to make sure…
-
Installing Your Firepit
When cooler weather arrives, you love to sit around a fire to roast marshmallows and tell stories. While going to a campground to do this is enjoyable, it would be even better is you could do this at your own home. Whether you want to build a permanent stone fixture in your backyard or wish to invest in custom fireball art, here are the easy steps to install your own firepit in your backyard. Stake a Spot The first thing you need to do when setting up your firepit is to find a location away from things that can catch fire. You will want to stay away a distance from…