Naveen Monga

Why Are Houses So Expensive In Canada? With the COVID-19 situation still looming, one would imagine Canada’s housing markets to be more favorable for future homebuyers. Unfortunately, the nation’s housing market came back in full swing right in July, breaking the record for most houses sold within the month, with average prices increasing by 14% from where they were over a year ago. The Canadian Real Estate Association (CREA), representing 130,000 realtors all over Canada, sa...Continue reading

Top Staging Tips To Sell A House Fast If you’re a homeowner who’s selling their home, you’ll know that getting your property noticed can be challenging. The rea...l estate market is very competitive, which means that you’ll have to find ways to make your house stand out. This is why you should definitely look into home staging tips so you can sell your house fast. Home staging is a science designed to showcase your home in its best light. It’s often considered the art of transforming a house into a ‘showroom’ so it’ll be easy for homebuyers to see your property’s best features and see themselves living in it. Here are some top staging tips to follow if you want to sell your house fast Prioritize Cleanliness One of the most important and easiest home staging tips is to keep things neat and tidy. As much as possible, remove personal items from your house, as well as pieces of furniture and appliances that are damaged or duplicates. Depending on these items’ condition, you can store these in a storage unit or sell them before staging your house. Presenting a clean house to home buyers or nearby states is always a must as this can create a positive impression about your property. This will also make your house feel airier and more open and allow home buyers to envision themselves as to where they’re going to put their valuables the moment they decide to buy your house. Boost Curb Appeal How your home looks from the outside can affect a home buyer’s decision. Your home’s exterior is the first thing people will see when they step into your property. As such, another home staging tip that you should follow if you want to sell your house fast is to boost its curb appeal. There are many ways to achieve this goal, but you can start by power washing your sidings and walkways and hanging easy-to-read numbers on your driveways. If you want to take it up a notch, you can also plant blooming flowers and add some fresh greenery to your lawn. Repainting or staining your porch floor is also an inexpensive yet effective way to boost your home’s curb appeal. Style Your Dining Area The dining area is one of the most important places in the house. This is where your family and friends will share meals and make conversations. In fact, how the kitchen looks and functions can affect the ambiance of the entire house. For you to sell your house fast, don’t forget to style your dining area. You can do this by improving the lighting of this particular space with the help of a brand new lighting fixture or cleaning the ones you already have. Updating the look of your dining area by adding new appliances and furniture is also a great idea to try out. As a finishing touch, make sure that your dining area has a focal point. Depending on your preferences, you can hang artwork or a chandelier in your dining area to tie together all of the elements present in the space. Choose Neutral Colors Different people want different colors for their homes. While some want their properties to be painted in loud colors, others would be happier to live in an all-white home. A fool-proof solution in choosing a color for your home is to go with neutrals. Colors such as cream, tan, or gray create a sophisticated ambiance for your home and will give home buyers an almost white canvas to decorate the space based on their preferences. Add More Flowers Indoors Flowers and other greeneries are often seen outside of the house, but do you know that these can do wonders when placed inside the house? If you want to sell your house fast, you should add a few plants inside your home as these add pops of colors and bring freshness to space. You can start by putting a big vase full of fresh flowers on your kitchen table or living area. Small plants or succulents will also look good when placed near the windows and other small tables around your home. If you want to add more flowers indoors, make sure to place them strategically, as putting everything in one area can make the space look cluttered. Knowledge Is Power Staging your house so you can sell it fast can be a challenge. This is especially true if you never sold one in the past. Fortunately, all is not lost because there are certain strategies that you can follow to expedite the entire process. Following the tips in this article is an excellent start to stage your home properly. Once applied, these tips can become your ticket to selling your home fast

4 Ways To Invest In Real Estate You want to invest in real estate in 2020, but you aren’t sure how to get started. The following are four ways to get started; ...you have to decide which one will work best. 1 Get Into REITs An interesting way to invest in real estate is to do it with REITs or real estate investment trusts. When you think of real estate investing, most people think about investing in physical property, but that’s not the only way to get into this industry. Think of these real estate investment trusts as mutual funds. You’re investing in companies that own commercial property. Sometimes, these companies own office buildings or hotels. You’ll have to pay close attention to these businesses to make sure they’re worth investing in, and you get to diversify your portfolio quickly. 2 Adapt To The Software The reality is today’s real estate investors need to invest in the new software available. You have access to tools like real estate wholesaling software, where you’ll have access to information on many properties. The right software can even help you explore areas by avoiding areas you’ve already explored. You can use some type of software or app to help you do everything, from looking up owner name and addresses to initiating targeted direct mail campaigning. Don’t get left behind. This type of technology is fueling other investors as well. 3 Try Rental Property Another good road to take towards real estate investing in 2020 is to invest in rental property. If this is your first time investing and starting from scratch, you could end up living in one of the units and renting out the rest. It’s a pretty sweet deal that’ll help you get ready for your next big investment. Remember that you’ll have to worry about dealing with maintenance if you are renting out your property. You could work with a property manager who can help you figure some of this out, especially as your real estate investment business starts to grow. 4 Flip Distressed Or Pretty If you want to acquire a property but not deal with many repairs, then consider flipping property. The amount of work you put into a property before you flip is up to you. The goal here is to acquire property that is in bad shape. You normally get a pretty good deal on this property. You can turn around and sell it at a higher price than you purchased it, or you can try to work on it to attract more buyers and price it higher. It’s a hands-on approach, but it can be quite fun to hunt that next diamond in the rough, so if you have that kind of spirit, this might be a good fit for you. These are just some ways you can invest in real estate, but there are more ways to rent out a room through home-sharing platforms online as an example. Hopefully, one of these interests you, or maybe a few of them do, and that’s okay, too.