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Real Estate Investments: How Much Room Should You Leave in Overhead?

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If you’re like many individuals new to real estate investing, you probably have little to no idea what overhead is. What you should know, however, is that overhead costs are one thing you want to understand and estimate before investing in a property.

What is Overhead Anyways?

Overhead is the sum of the recurring expenses relating to your property, otherwise known as your operating costs. This can included fixed costs–those that stay the same each month–as well as variable expenses like maintenance that vary from month to month.

Overhead costs typically include:

  • Mortgage payments
  • Property taxes
  • Insurance
  • Maintenance costs

How to Estimate Your Overhead

Assuming you’re planning to invest in a residential property, the best way to figure out how much room to leave in overhead is by estimating all of your costs.  Continue reading the full article via realestateinyourtwenties.com

8 crafts for kids that will add SPRING to your home decor

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The season is changing, the kids are getting restless – its that in-between stage of winter and summer. Here are some of my top DIY craft finds to keep the kiddos busy and your home still looking lovely. Enjoy!

Click here for instructions and even more Spring Inspiration

Do you have a favorite Spring craft? Share it with me in the comments below.

– Nicole W.

The secrets to success at home

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Working from home? Get out of those pajamas and be successful right from the comfort of your own home. Here are some tips on how to do just that:

1. GET DRESSED. No I don’t mean a suit, but get up, brush your teeth, prepare for your day – put on some pants, shirt. This will give you that extra umph to get your day going. You can’t get back into bed dressed in your work shirt right?

2. SET YOUR ALARM. Get up at the same time everday as if you are going into an office and have to clock in. The luxuries of working from home is that you can choose your hours. So set that clock for 6am or 9am – or 10 pm. Whatever works for you, as long as you have a schedule/routine.

3. CLOSE THE EMAILS. Do not check your emails for the first hour of your day. Once you are in your office. Check your social media sites, update yourself with the latest industry information. Make a coffee.. then sit down and go through your emails. This will help you know answers to emails, have a clear head and less distraction throughout your day. 

We hope these tips work for you as well as they work for us. The secret really is to stay on schedule, stay focused and stay up to date on all your industry latest information/trends. Be proactive and even though you are at home.. maintain a business attire to keep yourself motivated.

Photos courtesy of http://www.pinterest.com/nicolewisehart/home-office/