Tuesday, October 11, 2016

Car Rentals: Are You Saving Money The Right Way?

Whether it’s for a vacation, business or a way of getting around while your car is fixed, car rentals can come in extremely useful. But, in times of desperation, we often don’t take the time to think about our expenditures. There are a whole host of ways to save money when renting a vehicle, and you should be aware of them. Let’s take a look.

Stay Away From The Airport

It might be convenient, but booking your car rental to pick up from the airport is a costly way of going about it. These companies know that you want the convenience factor, and you better believe they’ll charge you for it. It might be more beneficial to collect your vehicle close to your hotel, for example. Unless it’s going to cause you a significant amount of stress and hassle, it’s always best to avoid the airport.

Can You Make A Claim?

Who’s to say that you can’t make a claim for a free car rental? Some insurance policies come with car rentals included when your car is out of action. Study the documentation you have, and you might find that you don’t need to pay at all. And, in the event of something like a crash, rental car costs can potentially be recovered. Some attorney websites like www.bchfirm.com can evaluate your case for free in a situation like this.

Make Use Of Your Discount Cards

All those membership organizations you belong to might just come in handy! You might even find that the type of credit card you use can get you a discount. Rental agencies often allow discounts for all sorts of reasons, bringing the cost down considerably. It’s also important to remember that some companies will allow better discounts for certain times in the week and the year.

Reserve The Car For Longer Than Necessary

There are two good reasons why you should do this. First, it prevents you from overstepping the limit and being forced to pay extortionate prices as late fees. Secondly, it can help to lower the rate that you pay due to your extended rental term. You might find that you don’t benefit when you return the car, as they might just charge you a higher rate. But, some companies will give you the benefit of the doubt and lower the cost if you didn’t use all the allotted time.

Book Ahead Of Time!

There’s no easier way of saving money on a car rental than to book well ahead of time. If you’re waiting until the last minute, you’re bound to struggle. Availability can often be poor, and you’ll be left with the expensive scraps. Plan ahead of time, and use the internet to your advantage in your search for the best deal. Websites like www.skyscanner.net can help you with this.

Now, you should be equipped with the tools you need to save money or completely eliminate the cost of your next car rental. It shouldn’t feel like such an expensive way of getting around from now on.

Monday, October 10, 2016

The Key Questions to Ask Before Investing in Buy-to-Let

When you invest in the buy to let market, you are, in essence, running a business. In this sense, it is unlike many other investment platforms, which are a lot more hands-off. With this in mind, there is a lot to consider and many questions to ask yourself before you invest a penny. In today’s guide, we’re going to go through some of the key issues that should be at the forefront of your mind.

Is it the right time?

Buy to let investment is a great long-term plan for making your money work harder. But there are no guarantees. There are a lot of responsibilities to consider, all of which take a lot of time. You will need to balance the commitment of looking after your investment with work and family duties. Chasing rent, arranging repairs and all the other things involved with buy to let is a major time commitment. If you are busy in other areas of your life, it might be worth holding fire for the time being. You can get help from lettings agents, of course, but this will come at a cost to your profits.

Is it the right place?

The location is everything when it comes to buying to let properties. Your aim should be to seek out buy to let properties in up and coming areas, where you can buy cheap, and sell on at a later date when the value increases. Doing this will also give your income a boost, as you will be able to raise your rents as the average rental price increases over time. This is all dependent on rising house prices, of course. But in general, terms, if you do enough research you will be able to identify the right areas that big developments are starting to appear in.

What sort of tenants do you want?

Happier tenants tend to take care of their homes a lot more than those who feel they are getting a bad deal. So, while you might feel that maximising your space and filling up the house with students, for example, it isn’t always the best choice. They will have void periods over long stretches of time, too, meaning your income will drop significantly over the summer. As long as you can balance your books, you should have no problem, but it is something to bear in mind. The safer option is to rent out to families. They will be looking for longer term periods of renting, and tend to take care of the properties a lot more. The important thing to remember is that all of your tenants will have different needs. It is your job to deliver a home that answers each of them.

Are you getting the income you need?

Of course, the idea behind all of these considerations is to ensure you are making enough money. You will have mortgage repayments, maintenance costs, insurance and a lot more besides to pay out every month. You will also need to set aside some money to pay tax on any profits. It’s also important to remember that property values and rental prices can fluctuate a lot. With this in mind, you should always be on the search for more properties in different areas, to protect you against any losses.  

Hope this guide has helped - good luck with the buy to let investment!

Wednesday, October 5, 2016

The Secret Behind Making More Money From Your Home

growing money at home
If you are thinking of selling your home, then you are probably keen to make as much money as possible from it. The good news here is that there is plenty you can do towards that end. Selling a home can be, at times, exhausting and even frustrating. Anything that you can find to help the process along is likely to be worth considering at least. It is always a good idea to take things relatively slow when it comes to something as significant as selling your home. However, be sure not to let it go on too long. This can often lead to further stress. It might even make the value of your home go down even more. Let’s take a look at some of the key aspects of making more money from selling your home.

Remember: The Devil Is In The Details

With anything of this magnitude, you want to be sure that you are getting everything right. Even the smallest error can lead to something much more significant later on in the process. This doesn’t mean that you should be anxious about everything that you do. However, it does mean that you should do your best to pay attention to the smaller details. This applies to several different aspects of the entire process. One such aspect is the actual procedure itself. In all dealings with the estate agent, be sure to check over the paperwork carefully. The last thing you want is to find that you have been duped. The same approach should be applied to the home itself. Work hard to ensure that you keep the home in as good repair as possible. That means fixing any problems it might have, no matter how small. People tend to be very eagle-eyed when they are viewing homes, so be careful.

Have Patience

Selling your home can take a long time, so it is best to exercise some degree of patience. Chances are, you might be waiting a long time for anyone to express interest in your home. However, it all depends on the condition of the home and the market at the time of trying to sell. If you are keen to sell as soon as possible, however, then you do have some options. You could consider using an online service designed for speed. They will often buy houses fast, making the process a lot easier and quicker for you. This can be a viable option if you are more concerned with getting the process over and done with as soon as possible.


When you do get an offer on your home, the last thing you should do is just accept it. Negotiating is a hugely important part of the process, and it really can make all the difference. When your realtor comes back with a price, you should feel able to offer a retort. To help you argue your case, make a list beforehand of all the positive attributes of your home. If you have something to back up your argument, your success is much more likely.

Tuesday, October 4, 2016

6 Critical Mistakes Made By Rookie Real Estate Investors

real estate Matters
Are you thinking of joining the ranks of the many thousands of people who invest in real estate? It’s an appealing proposition, for sure. But the problem is, a first-time real estate investor you can experience something of a bumpy ride. There are numerous pitfalls on the road ahead, and you need to be aware of the most common - and critical - mistakes you might make. Read on to find out more and give yourself the knowledge you will need to succeed.

The quick win

Real estate investment is a long-term game - it’s as simple as that. Yes, some people get lucky and buy at the right time. But it is not easy to make a profit on selling homes and premises in any sector or location. There is a lot of hard work involved, and if you have a job there simply isn’t the time to turn a fast profit. You are far better off seeing real estate as part of your long-term saving plans.

The homework

Your biggest weakness as a first-time investor is your lack of experience. It is critical that you educate yourself in the processes, and seek out help from people who have done it all before. It might cost you money to hire a consultant, of course. But if it saves you tens of thousands, it’s always worth it.

The emotional pull

Successful investors never fall in love with a property. They see everything just as it should be - an investment opportunity. Don’t let your emotions overcome you when bidding for anything. You just end up paying over the odds.

The wrong location

The location is everything when it comes to making a real estate investment work. And understanding the science of location, location, location is vital to your success. It is imperative that you study the suburb you intend to invest in, and it can take months to perform the right levels of due diligence. Sometimes, it can be better to go for the small uptown condos in an up and coming area. They might just bring you a better return than the expensive mansion house in an already expensive location.

Misjudging the expense

Let’s say you are investing in a buy-to-let piece of real estate. You blow your entire budget on the purchase of the property. But you haven’t accounted for the sheer amount of work that you need to perform to get it up to scratch. You might have to end up for renting it out at lower than the market value, which will have a knock-on for your ability to pay your mortgage. Then something breaks down - a boiler, for example. Pretty soon, you will be facing the potential of losing your property and all the money you have invested. It takes money to make money - and you should always have a sufficient amount kept by for repairs and maintenance.

The DIY plans

Many people dream of the idea of buying a property, renovating it themselves, and turning a profit. But unless you have the skills of a builder, plumber, electrician and home inspector, you will be doomed to failure. You have to assemble a team that can carry out work to an appropriate level. Or, you just won’t be able to build a business out of your investment at all.