Category: LIVING ROOM IDEAS

3 Things Landlords Should Know About Co-Op Insurance

Investing in real estate is a great way to make an additional side income. You might consider buying into cooperative housing, often called co-op apartments. Essentially, it’s a building full of apartment units or condominiums, each owned by individual residents. These units are especially popular in large cities like Washington, D.C. and New York, where homes within the city are sparse.

3 Things Landlords Should Know About Co-Op Insurance

Once you’ve purchased a co-op, you’ll want to fill it with buyers. While you’ll be selling units to autonomous individuals rather than renters, it doesn’t hurt to run a tenant background check free of charge. Whether or not they pay their mortgage is the bank’s problem, but you want to avoid criminal activities or disputes between neighbors as much as possible. You’ll also need co-op insurance. This is an essential component of buying a condo building that landlords should understand fully before taking out a policy.

Co-op insurance meets your unique needs

As the landlord of cooperative housing, you have specific needs that typical property insurance won’t cover. You’ll need insurance on the building and its common areas, as well as liability protection. You might foot the entire bill for this policy yourself or work with the shareholders or condo owners to cover the costs. The latter is more common when you own your own unit with your own condo insurance policy.

Because you own the building itself and the common areas, but you don’t own the individual units, you don’t need coverage of those areas. Co-op insurance is designed to cover only the parts of the building that you own, with certain exclusions to protect you from liability and damages within individual areas.

You’ll take out a master policy

As the building owner, you’ll need a master policy. It covers your investment and provides liability coverage for … Read the rest

Improving Your Home’s Value with a Custom Deck

Improving Your Home's Value with a Custom DeckIf your home is looking shabby or needs something to improve its value, there is nothing better or easier than choosing custom decks. A deck is not only going to provide your home with lots of value if you ever make the decision to sell it, but you are going to find that it is going to be a great spot for you and your loved ones when you’re entertaining them outside. Building a deck is a whole lot easier than you might think, as it can be done in just a few short days.

Why a Deck?

The deck is going to be the hub of your outdoor living area. It will protect you from sitting in the grass where bugs and water could be a problem and it also helps to improve the value of your home. There are a lot of people who have put decks onto their homes to find that it raised their property value by a few thousand dollars. This could be a great thing for you if you ever make the decision to sell the property and want to get as much money as you possibly can for all of your efforts.

Having it Built

There are a lot of reasons for having this type of deck built, but you also want to make sure that the construction work is done properly before you attempt to do it on your own. While it can be tempting for you to do the work on your own, it is important that you have a professional come in and do all of the work for you so that this is something you will not need to worry about at all. Before you do anything else, speak with one of the decking professionals in your … Read the rest

Get Your House Fixed After a Disaster

Has a disaster seriously wrecked your home? If this is the case, you need to follow the correct procedures in order to get your home back to the way it once was. Knowing what to do in a situation like this will make the repair process go much more smoothly. Time is of the essence in a situation like this. You cannot afford to wait around to take action. Here is what you should do when your home is in very serious need of repairs after a disaster has occurred.

Get Your House Fixed After a Disaster

1. Make an assessment of the damage.

You need to have a good understanding of the damage that has occurred to your home. Therefore, you should carefully inspect all of it. This is very important because it will allow you to contact the people who are qualified to fix the specific damage that your home has sustained. Not every contractor has the skills to fix every type of damage that you might encounter. You need to make sure that the people you hire to work on your home know what they are doing. This will prevent any mistakes from being made that will require further repairs. For example, wind damage restoration should only be performed on your home by a company that has a great deal of experience with that particular type of work.

2. Make sure that your home gets closed up to protect it from the elements.

One of your major concerns after your home is severely damaged in a disaster is protecting the interior of your home from being further damaged by rain, snow or wind. You might have a hole in your roof or windows that have been blown out. Therefore, these exposed areas could allow your home’s interior to become damaged even further. Close up … Read the rest

Eye of the Beholder : Ways to Beautify Your Home with Nonstandard Decor

There is a reason your home design and decor does not look like those found in home decor magazines. In fact, there are quite a lot of reasons. Consider:

  • You need a lot of money to acquire and maintain those houses
  • You might not be an interior decorator
  • You actually have to live in your house rather than just show it off

Another reason your home doesn’t look like something out of a magazine is that maybe you don’t want it to look that way. There is more than one right way to look. In fact, it is hard to say that there are any wrong ways to look.

Your home should be what you choose to make of it. Home decor is an expression of individuality. So part of what makes a design good is that it expresses something unique to you. Here are some ideas on how to infuse that uniqueness with items beyond what is traditionally considered art:

Maps

Companies such as Muir Way are committed to preserving wildernesses and other pristine spaces. One of the ways they do this is by selling artistic maps of places like national parks. When presented in this way, these maps make more sense on a wall than in a book.

If you are a history buff, a wall full of maps makes a lot of sense. The same is true if you are a traveler. Pictures of where you have been will gain a lot of context when paired with the maps of those places.

Beyond that, the art of cartography is beautiful in its own right. Mapping is a thing to be celebrated, never taken for granted. If you have a den for reading and quiet contemplation, fill it with maps to make it extra special and unique.

Ordinary

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Four Reasons You Need Your Gutter to Help Water Flow Away

Your gutters are designed to help water flow away from your home during and after a storm. The water may cause problems inside and outside your home if the gutters are not working properly. Here are four reasons why your gutters need to be inspected and upgraded.

Protects Your Home

Rain gutters are supposed to keep the water from entering your home. If they are not working properly, the water could damage the foundation and cause a flood in your basement. Gutters also prevent frozen precipitation from building up on your roof, and failure to protect your roof could cause damage to your exterior.

Keeps You Dry

Gutters that are worn out do not keep water from spilling over the edge of your roof, and this causes a downpour at the entrance of your porch or home. You find yourself soaked every time you are entering or leaving your home during a storm. When you upgrade your gutters, you are preventing the downpour that makes your rainy day worse.

Keeps Your Exterior Clean

Your gutters are designed to keep water from spilling off the roof and hitting the ground. Failure to catch the water causes it to splash debris and mud against your siding, and this makes the exterior of your home look filthy. Your exterior is a reflection of your home, so you want to upgrade your gutters and keep your exterior clean.

Provides Pest Control

There is nothing like standing water to attract mosquitoes and other pests, and this is sure to happen if your gutters are not draining the water. It is hard to spend time outside when you are worried about mosquitoes. You can keep your home from turning into a breeding ground for mosquitoes by upgrading your gutters. Your new gutters drain the water and … Read the rest