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What To Look for When you Purchase a Rental House

The first key to any area is that people need to have a reason to want to live there

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If you find yourself looking to capitalise on the housing market, then this could be one of the best times to get into the real estate game. However, instead of trying to flip a home like many other people, why not lock in your cash flows for a long period of time and still guarantee that your asset will appreciate over many years? If you are thinking about purchasing a rental house, then consider the following items as the top characteristics for a rental property, according to Investopedia.

Amenities

The first key to any area is that people need to have a reason to want to live there. Some people will always be able to find a reason, and certain quirks in buyers will make even the worst characteristics of a home seem appealing. That being said, if you want to cast the widest net when it comes to finding qualified renters, then you need to think about who will be in the area and who will want to be in the area as well.

Amenities can be anything under the sun, but there needs to be a reason to attract buyers in the first place. This could be wildlife, parks, malls, colleges, entertainment, and other such things because the list just keeps on going. It is important to simply remember that when there are things to do and enjoy, that is when you have found an area that others will want to be a part of as well. If you can find investment, then people will come and will want to live in that place.

For rent. Image source: indianpropertylawyers.com
For rent. Image source: indianpropertylawyers.com

Job Market

The general job market is going to be important because you will want to have qualified renters to rent from you. However, you also don’t want to have a flat-lining pool of possible tenants. Instead, you want it to be growing. You also want to have your potential candidates continue to increase their wages so that they can continue to afford to rent from you (and possibly even affording an increase in other dues as well). The key is that you cannot neglect the other side of the equation, which is thinking about where you will be for the long term.

Assuming that you have a twenty or thirty-year mortgage (if not one that is even longer), then you could be locked into that property for a long time. So, instead of going to an area that is volatile with respect to jobs and the future economy, you want to find something that will keep growing and will continue to attract people in the long haul as well. Knowing the job market means you will know if your product will have enough demand to even succeed as a viable business plan in the long run.

Rents

Paying attention to the rents themselves is one key that you cannot forget, according to an article by Business Insider. It isn’t all about making immediate money as you will be able to make it in the long run if you have a solid property. That being said, you also want to be able to know you are not only clearing your mortgage payments and other obligations but that you are also able to afford anything else that comes up.

When you are pricing an area in general then you will also be able to tell a lot more about the area with respect to the class of people and the types of tenants you will be dealing with. That is just one of the reasons that it is so important to consider searching for properties with top tools such as DDProperty when it comes to actually seeking out the best properties.

Schools

While most people think that a school district is nice just for small families, the reality is a strong school district leads to a lot more. Having a strong school district in a general area means that people who live there are able to afford the taxes, the local government runs the area efficiently, and in general there isn’t a lot of volatility or crime. When you think about an area that you want to open a leasing property operation in, that is pretty much the exact summary of where you want to go.

Furthermore, even if the area suffers some lows for a certain period of time, the areas that get hit the hardest are typically the worse off neighbourhoods, which only means that the areas with nicer schools and a more solid economic base will continue to be sought after.

When it is all said and done there are always opportunities out there to open properties and find good investments in the real estate game. What you want to do is to find the places that give you the best chance at being successful and yielding the best profit for the least hassle and stress.

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7 Tips that work wonders to make your house look more spacious

With these tips, you can make a small room look bigger

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Tips to make your house look more spacious
Tips to make your house look more spacious. Pixabay

New Delhi, September 10, 2017:  The festive season is around the corner, people all over India are filled with zeal and enthusiasm to celebrate festivities in a grand style.

Many people choose to host house parties during the festive season, inviting colleagues, friends, and family to share the joy with.  To make the celebrations and parties at home a memorable affair, the first thing on the list is how you choose to decorate your house? How to modify the space to make it appear more happening. Redecoration and renovation are a vital aspect of it.

There are many ways to do it, some people focus on minor details like putting up a captivating scenery or a beautiful painting on the wall, decorating the house with rare artifacts, and other such decorative pieces. Some people go for painting the house in bright colors to add a festive touch to the house. People are eager to transform their homes to bring in the festive season.

Another important aspect for an individual who wishes to style their house lies in the size of the place they are living in. Those people who reside in more spacious houses can do more in terms of experimentation as it gives them more scope to beautify their abode. But for those living in relatively smaller apartments or houses which is a reality most of the people living in our country, they wish if there were any tricks by which they can make their house appear much larger than it actually is. Don’t worry we are making  your wish come true with these creative tricks and tips:

  • De-clutter your house

 

The first and a vital rule of redecorating or redesigning small abode is by reducing clutter as much as you can. Start by removing all the unwanted items which haven’t been utilized in past few years. By getting rid of unused items will create space will create more room for more useful objects.Fewer objects in a room make it look neat and spacious than before.

  • Choose the right shades for walls

The next step is to go for the right shades for the wall. Go for light summery yet solid colors to paint the walls of your house as it allows more light to enter the room. You can also buy light colored decorative utilities as they create a bright ambiance.

  • Go for Drapes in bright hues or sheer ones

The current trend calls for adorning the room with bright colored drapes or curtains. Your house will look more spacious if you match the color of drapes with the paint on walls. Drapes in pastel colors are people favorite.

  • Pick the right furniture for your house

When you are redecorating your house for the festive season choose the right furniture that can compliments the overall theme of your house, without occupying too much space. It’s a smart move to invest in a multipurpose sofa which is sofa cum bed, in day time use it as a sofa and in night hours use it as a comfortable bed. Go for space saving furniture items like wall mounted beds, bunk beds, adjustable dining table sets etc. You can also find There are innovative dining cum pool tables in the market which is a functional  yet fun item to add to your house. To make your house look more spacious you can either go for small furniture or few larger pieces of furniture.

  • Use Decorative mirrors

Very few people know this but mirrors give an illusion of a spacious house. You can pick up either decorative mirrors in contemporary designs or antique mirrors to give an elegant touch. Apart from giving a vibe of a spacious room, decorative mirrors also give your house a trendy and chic look. The design you pick should blend with your home’s interior decor overall. These days people choose handmade macrame decorative mirrors.

  • Adorn the house with shelves

You can buy shelves for your house as it’s a useful item to invest in. Shelves saves space and decorate your walls at the same time.They come in various types like fiber glass, wood and also plastic. They can hold various objects like decorative items, books, antiques, pen stand, etc. You can also pick wooden corner wall shelves and place small decorative indoor plants to add greenery and save space.

  • Lastly, invest in wall mounted cabinets

You can explore the option of wall mounted cabinets to make your house look more spacious. It comes handy in utilizing space in small houses as you can store various objects without it occupying much space. You can use cabinets like a small pantry to store food stuff or other essentials. There are beautiful cabinets in wood and also hybrid wood in the market

Go ahead and use these creative ideas to make your house look more spacious and festive ready!


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Cosmetic Industry is Booming: Thanks to Young Indians!

Young Indians, having all the resources and time, have developed the good-looking cosmetic industry into one of the fastest booming industries

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Cosmetic Industry
The cosmetics market of India is expected to triple by 2025. Wikimedia
  • Beauty has become a business in the world today, and its booming rapidly in India
  • The $6.5 billion cosmetic industry is expected to grow to reach $20 billion by 2025 making India among the top 5 biggest in the world
  • Fashion consciousness is being further fueled by India’s young demography as well as social media

July 13, 2017: The beauty and cosmetic industries of India are growing at a pace never witnessed before. This isn’t just the tale of big cities but in all parts of the nation.

The young demography of India is expected to continue fuelling the industry making it bigger and bigger. As the reports from RedSeer Consulting firm estimates; the market for cosmetics and mainly hair products, skin creams, deodorants, and more, is expected to triple from present $6.5 billion to $20 billion by 2025.

It also estimates that the compounded annual growth rate will reach 25 percent, which is way above the global average of 4.3 percent. This will make India amongst the top 5 biggest markets for cosmetics in the world.

As Shubham Anand (head of retail and consumer practice at RedSeer) points out, “this booming growth has a lot to do with India’s younger demographic. These Indians want to look good all the time.”

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Social media has also played an important role. Additionally, online retailers such as Flipkart, Nykaa, and Amazon are making products accessible. Online cosmetics sale is at $50 million.

The report also mentioned that the boom is certainly an attractive business expansion for luxury brands like Labiocos, Victoria’s Secret and others.

– by Saksham Narula of NewsGram. Twitter: @Saksham2394

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Fake Caste Certificates Invalid for Employment, says Supreme Court

The Supreme Court of India has passed the judgement against the fake certificates making them invalid. The decision will, however, be applied from now onwards

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Fake Caste Certificates
Supreme Court, the apex ruling court of India. Wikimedia
  • The Indian Supreme Court has ruled against the validity of Fake Caste Certificates in jobs and admissions
  • The decision, however, will be applied now onwards and has no retrospective effects
  • Chief Justice J. S. Khehar and Justice D. Y. Chandrachud were members of the bench ruling on the case

July 06, 2017: Fake Caste Certificates that up until now were used to secure reserved seats in Jobs and Education are not going to be valid after a recent ruling by the Supreme Court of India.

The Supreme Court did not agree with the Bombay High Court who delivered the verdict that persons who have served for a long period of time but with fake caste certificates may be allowed to continue the service, mentioned PTI.

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Although possessing no retrospective effects, the decision will be applicable from now onwards. The verdict came as a number of petitions to the Supreme Court were flooding in. Even Maharashtra government filed a petition against the verdict of the Bombay High Court.

Only last month the Central government announced its decision to dismiss any employee who had secured a job through fake certificates. Subsequently, it had asked all its departments to collect information from various organizations and find discrepancies.

It was also revealed that 1,296 cases of employment through fake certificates were registered under Department of Financial Services.

– prepared by Saksham Narula of NewsGram. Twitter: @Saksham2394