Bedroom furniture > Low Income Housing Investments

Low Income Housing Investments

by: Steve Gillman

Low income housing providers get a bad rap. Be ready to be called a slumlord if you invest in it. Much of what people call slumlording though, is simply providing reasonable housing for those with low incomes. It is of benefit to the renter AND the landlord.

Why Do People Rent Ugly Homes?

Not-so-nice places are rented because they are affordable. When a house needs paint, has old rusty hinges on the doors, and a dirt driveway, it costs less to buy, and therefore can be profitably rented for less. In fact, anything major that the landlord does to improve it will result in higher rents, and possibly drive the renter away.

This often happens due to local regulation. When my own town enacted its first rental regulations, the fifteen pages of new rules required many landlords to spend money to upgrade their apartments and other rental properties. They included many non-safety-related requirements, like a minimum of windows, to allow natural lighting, bedroom square-footage requirements, and no peeling paint or cracked plaster.

Regulations like these are done in the name of low income renters, but the result is always the same: higher rent. Combined with the regulations against mobiles homes, these laws force low income families to move further away from town and jobs. I mention all this to let you know that if you offer an ugly, but safe and affordable rental, you are providing a real service.

Why Low Income Housing Investments?

When an average two bedroom house in a small town costs $130,000 and rents for $800, an old mobile home on a lot will probably cost $45,000 or less and rent for $500. The house costs almost three times as much, but the rent you get isn't even doubled. In other words, the mobile gives you MORE CASH FLOW. That is why old houses, run-down apartments, and mobile homes (on land) are such good investments.

Maybe you think you'll have more risk and management problems with low income housing. Well, you're right. Small repairs come up more often, and rent will be late more often, on average. But this is why you deserve a higher rate of return. I wouldn't recommend investing in low income housing if you didn't get a higher rate of return.

Let them call you a slumlord. Just treat your renters well, and make your places safe. Do these things, and you can enjoy a good return on your investment in low income housing.

About The Author

Steve Gillman has invested in real estate for years. To learn more, get a free real estate investing course, and see a photo of a beautiful house he and his wife bought for $17,500, visit http://www.HousesUnderFiftyThousand.com.

Save Money On Furniture

Save Money On Furniture

by: Jeff Lakie

Buying furniture can be very expensive. After all, next to your house and your car, furniture is one of the priciest things in your home. So any time you can save money, you should! Here are some tips to buying furniture inexpensively.

Look in the Yellow Pages for a furniture wholesaler or a liquidation or discount store. Often, their furniture is as good as the kind you will get in a retail outlet, but usually cheaper because of a minor flaw (and usually you won't notice that flaw!).

You can also buy from a furniture warehouse where the salespeople are paid by commission. Using a number of purchasing tactics you can often get it at a better deal. For example, if you buy a couch, but would really like to own a couch and a chair, ask if you could get a deal if you buy both.

Another good way to save money when you're buying furniture is to go in toward the end of the month. Most retail companies...

Save Money On Furniture

Bedroom furniture > Save Money On Furniture

The Importance Of Lighting In An Interior Design Project!

The Importance Of Lighting In An Interior Design Project!

by: Shrinivas Vaidya

Dear Friends,

Light is an essential part of our daily activities. Just like we need air, water and food to survive we need light in order to function efficiently.

Gone are the days when people used to stop working after sunset. The invention of electricity has made life easier and has helped to improve efficiency.

The use of light in interior spaces greatly affects the environment and "mood" inside the space. Here are some of the aspects that can be considered while lighting an interior space.

1) Natural light:

The Sun is the biggest source of light available on our planet. We all are dependant on it. Sunlight is not only required to function but is also responsible for biological balance of the Earth. Sunlight also keeps the air clean by killing any possible bacterial attacks which might be harmful to health.

It is normally assumed...

The Importance Of Lighting In An Interior Design Project!

Bedroom furniture > The Importance Of Lighting In An Interior Design Project!

Home Improvements ? Expressing an Attitude

by: Raynor James

There are many issues to address when doing major home improvements. The overall atmosphere and attitude of the improvements can be a key issue.

Degree of Formality

Certain things tend to go with each other.
Silk, silver, crystal, brass, china, oil paintings in gilt frames, and draperies to the floor have an affinity for each other for example.
Leather, built-in bookcases, old books, paneled rooms, coffered ceilings, and dark wood are another group of things that go well together.
A third such group might be heavy linen, polished cotton, glass and metal tables, woven baskets, and wicker.
There are the usual exceptions, but things that go together tend to have about the same degree of formality. Their color and texture are important, too.

Light vs. Dark

Most people are happiest living in rooms that are bright and sunny in the daytime...

Home Improvements ? Expressing an Attitude

Bedroom furniture > Home Improvements ? Expressing an Attitude

Master Bedroom Organization

Master Bedroom Organization

by: Hana Lee

In a perfect world your master bedroom should be a haven in which you and your spouse can retreat from the world and enjoy each other. Unfortunately, the same type of clutter and dust that invades every other room in your house can spill over into your master bedroom.

One of the easiest ways to spiffy up your master bedroom on a daily basis is make the bed. It's a simple as that. If you aren't someone who routinely makes the bed you'll be amazed how much better a room will look and how quickly you'll be hooked. A great facelift for a bedroom is also a simple one, it's called a "bed in a bag". These sets come with comforters, coordinating sheets, pillow shams and bed skirts. If you have a visible bathroom attached to the master bedroom it's nice to carry your color theme through to the bathroom too.

Clear off the top of your dressers. As with all flat surfaces these will tend to gather papers too....

Master Bedroom Organization

Bedroom furniture > Master Bedroom Organization

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Are You Ready To Cruise Your Way Around The World?

by: Nicola Jackson

If you are thinking about taking a vacation but are not quite sure what type holiday you want to take, then seriously consider the ultimate vacation; a cruise! Cruises are one of the best vacations for all sorts of people for a number of reasons. They are cheap, fun, and no, you won't get bored. With cruises, you have the ability choose from a huge variety of locations, including Europe, the...

Are You Ready To Cruise Your Way Around The World? Bedroom furniture

Bedroom furniture > Are You Ready To Cruise Your Way Around The World?

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Offline and Online Casino Gambling

by: Terje Brooks Ellingsen

Gambling - offline as well as online casino gambling - has fast become a leisure activity attracting a growing number of people. Offline Casino gambling is often combined with travelling and vacations to Las Vegas, Atlantic City and quite a few other cities in the USA, with an increasing number of Indian Casinos included.

Casino gambling is also a popular pursuit in Europe as well as most...

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Bedroom furniture > Offline and Online Casino Gambling