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Best Upgrades For Multi-Family InvestmentsReady to get the most out of your real estate investments? The total value of multi-family properties in the US exceeded $111 billion in 2021 and is expected to continue rising until 2025. If you're renting out multi-family units, you need to know about property upgrades that will help you to increase property value and prospective tenant interest. Keep reading as we discuss the five essential multi-family unit upgrades that will increase your property value.

Start Within The Units

Just like when you're staging a home to sell, you need to update your unit to make a great first impression. Focusing on improving how your units look will increase interest and demand. Some key aspects to focus on when enhancing your units include:

  • Kitchen…

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Everything to Know About Driving and Commuting in NashvilleCommuting in Nashville can be a challenge. As one of the fastest growing cities in the United States, Nashville's streets are filling up fast. Whether you're thinking about moving to the area or you're already a local, it's important to know how to get around and what methods you can use to save time. Here's what you need to know about Nashville commute times.

The Commute

The average Nashville commute is approaching one hour. While in years past, the typical commute in Nashville was about 30 minutes, that's been changing as the cities just outside Nashville fill up with residents. Moving to the outer suburbs saves money, but it can also add time to get to work.

How Do People Get Around?

The standard way to get around Nashville is by car.

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What Is the Average Cost of Living in Nashville, TN?The cost of living in Nashville, TN is on the rise, as the appeal of Music City is apparent through rapid population growth of nearly 100 people moving to Nashville daily, according to the US Census. The influx of new residents is a large part of why Nashville currently ranks as number 53 amid the 75 most populous cities in America concerning monthly living costs.

The average Nashville resident spends about $2192.76 per month on necessities, including:

  • Rent/Mortgage
  • Food
  • Utilities
  • Transportation
  • Household needs

These expenses have now surpassed comparable cities such as Atlanta, Baltimore, Dallas and Orlando. Here's a breakdown of what the typical income is in the community as well as where the money goes when one calls…

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How to Craft a Home Buying BudgetBuying a home can be costly! Between the down payment, closing costs, moving costs and then the monthly mortgage, you'll have many expenses to budget for when buying a home. Establishing a budget before getting started with the home buying process can help ensure that you're ready to buy a home. Here's what you need to know.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

1. Know What to Expect

Before starting the home buying process, it's important to know what major expenses must be covered when making the purchase. Below are some of the most common expenses home buyers face when making their purchase:

  • Closing costs, 2%-5%. Closing costs…

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How to Sell a Condemned HouseAre you trying to sell a condemned house? Don't let stereotypes about condemned real estate get you down; there are many investors and buyers who see the potential value of these properties. A condemned house is any property that's been claimed by the government for a variety of reasons related to safety, vacancy, or building violations. Whether you've inherited a poorly maintained home or purchased a fixer-upper that doesn't pass a home inspection, several steps can help sell your home quickly, even if it's condemned.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

Determine the Home's Overall Condition

Not every condemned home is completely…

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4 Popular Window Types For Your HomeAll homes need windows in order to let light inside and make it more comfortable to be inside. However, there are many different types of windows out there. When a homeowner chooses a type of window for their home, they aren’t just choosing a piece of glass. All the different types of windows have different uses and functions that make them ideal for certain rooms. There are windows that open, windows that never open, windows that can be doors, and even windows that help create a unique shape on the home. When a homeowner is choosing new windows for their home, they have a lot of options. Here are some different types of windows and what makes them unique.

Hung Windows

When it comes to hung windows, there are single-hung and double-hung windows…

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How to Conduct Market Research Before Buying a HomeAre you buying a home soon? The first step of the home buying process is to do market research. Knowing the prices of homes in the area, talking to real estate professionals and lenders, viewing listings and taking similar steps can help you prepare to buy a home. Knowing what's available and how much homes cost in your area can help you when the time comes to buy a house.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

Look at Homes in the Community

One of the ways that home buyers can get a sense for the type of home they would like to buy is by viewing homes that are for sale. Showings can be done in person or online through video tours. It's a good…

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What You Should Know About Home AppraisalsWhether buying a new home or selling a current one, appraisals are an important part of both processes. Having a home appraised is helpful for both home buyers and sellers, so everyone needs to know what appraisals do and how to get the most out of them.

For informational purposes only. Always consult with a licensed real estate professional before proceeding with any real estate transaction.

What Is a Home Appraisal?

A home appraisal is when a professional appraiser comes to the home and inspects it in order to come up with the most accurate price estimate possible. Home appraisals are done both when buying and selling a home. While sellers often choose to use an appraisal to decide on a price for their home, buyers will also get a home…

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Efficient Garage Organization IdeasMillions of homeowners have garages that are so full that they cannot park a car. Organization is the solution to this problem. However, the issue is that many people have no idea where to start, so their attempts to organize their garage keep failing. With these tips, homeowners will have a better sense of what they can do to get their garage clutter under control.

1. Create a Storage Plan

Creating a storage plan helps homeowners identify what they want to do with the garage, which makes it easier to implement. People should start by making a list of:

  • What to store
  • Where it should go, like on a wall or hanging from the ceiling
  • How often it will be used, and by whom

This list will make the next steps run more smoothly.

2.…

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What You Should Know About Property LiensThe ultimate goal for home buyers purchasing a home with a mortgage is to ultimately pay off the home loan so they don’t owe anything on it, making the home 100% their property. Until the home loan is paid off, the mortgage provider has a claim to ownership of the property, which they can act on if the homeowner stops making their mortgage payments. It’s important for home buyers and sellers to be familiar with property liens when trying to buy or sell a home because a lien can add extra difficulties to a sale. Here is what everyone needs to know about property liens.

For informational purposes only. Always consult with an attorney, tax, or financial advisor before proceeding with any real estate transaction.

What Is a Property Lien?

A…

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