5 Qualities of a Good Property Management Company

Are you a landlord or a real estate investor? One of the biggest decisions you will ever have to make is whether to use a property management company to maintain and oversee the daily operations of your property. Compared to landlords who prefer the do-it-yourself approach of management in order to save money, working with property management companies increases your chances of growing your properties bottom line and enhancing your rental portfolio.

property-management-firm

But what does a good property management company do? Here is a list of essential services you can expect from a good property management company.

1. Effective Collection of Rent from Tenants

If you own many rental units, you understand how cumbersome it can get when trying to collect rent from every tenant all by yourself. This is why you should use a reputable property management company. A good property manager will ensure that all your tenants pay their leases in full and at the right time.

If you have limited time and you want to focus most of your efforts on growing your business, hiring a property manager who is fully committed to the day to day running of your property will be a great investment.

2. Regular Property Maintenance

Dealing with frequent calls from tenants is probably the biggest reason why landlords enlist the help of a management company. Sometimes the tenant’s needs are not very big but the timing and the urgency are. You may receive a call in the middle of the night from a distressed tenant who has misplaced their keys and can’t get in.

Failure to address these issues can result in serious problems with your tenants in the future. Having a good property manager who responds urgently to all property issues will not only ease your burden but also ensure that all your rental properties are optimized.

A good property manager will also inspect the property regularly and make sure that all routine maintenance such as lawn care, plumbing issues, drywall patching, pressure washing, and all other services that tenants may need are handled at the right time.

3. Sourcing of Tenants

It is one thing to get tenants for your rental property, it’s another thing to get the right tenants. A good property management company will ensure that proper screening of prospective tenants is done so that you don’t end up with tenants who are bankrupt or have fully maxed their credit cards and will have problems paying rent every month.

A good property manager will also take time to call previous landlords and also look into the tenant’s criminal history. The last thing you need is a tenant who puts you or the entire neighborhood at risk.

4. Bookkeeping

Bookkeeping is a vital part of property management. Proper bookkeeping ensures that taxes are kept at a minimum, and the cash keeps flowing. A good property manager will ensure that your books are kept properly but if they don’t offer bookkeeping services, they can advise you on where you can outsource a good bookkeeper who will add value to your business.

5. Effective Handling of Defaulters

Sometimes tenants get caught up in serious issues such as breaching of leases while others could be involved in criminal issues. While some issues can be sorted directly with the renter’s other issues require lawyers and even going to court. A good property management company can handle these problems for you and save you the time and agony of dealing with such stressful situations.

3 Ways Real Estate Firms Can Adopt Environmentally Sustainable Practices

Real estate accounts for 40% of the world’s energy consumption and 1/3 of all carbon emissions. With that kind of eco-footprint, real estate firms are at the frontlines of climate change risks created by greenhouse gas, making the switch to sustainability necessary.

Realtors, brokers, and building owners need to do their part to ensure they don’t intentionally or unintentionally encourage the excessive use of energy, waste, and inefficient practices. Here are 3 ways real estate firms can adopt a more sustainable real estate portfolio.

ways real estate firms can adopt a more sustainable real estate portfolio

1. Establish a Remote Work and Technology Policies

The first step on your eco-journey should include a remote work/technology policy. These policies will encourage building occupants or remote brokers and realtors to adopt greener technologies or reduce their energy and water consumption when they’re at home.

For example, you can make the real estate transaction process greener by creating a paperless pipeline. You’ll save on your energy consumption by reducing transportation costs. If you have to use paper, utilize recycled materials and adopt enhanced recyclability for all employees.

To improve your remote work/technology policy, include the following processes:

  • Adopt low-energy apparatuses at home (for example, LED lighting or smart lighting).
  • Minimize water and energy use at home/work (for example, putting your computer in sleep mode when it isn’t in use and using a filter instead of an in-office water jug).
  • Lessen the hazardous material intensity of property and business spaces.
  • Reduce the use of paper where possible. Use phone apps or software instead.
  • Extend the durability and functionality of your business property.

Your remote work or technology policy can also include cutting your direct mail marketing campaigns and switching to email and digital marketing full-time to reduce wastes.

2. Green Your Business Through Your Clients

Making your business green is very important, but there are other ways to create sustainability in your company that involve your clients directly. Eco-friendly homes are a hot commodity with Millenials and Gen Z, so if you showcase your concern for the environment, you’ll attract clients.

When selling to a potential buyer, explain green initiatives that a homeowner can cash in on if they buy a fully-stocked, eco-friendly home. For example, homebuyers can take advantage of tax credits and improved energy efficiency when purchasing Energy Star appliances.

Keep in mind that green property buyers may not know enough to seek homes that feature green amenities, like water-conserving fixtures, sustainable flooring, and energy-efficient windows. Realtors who explain these features fluently will have an easier time getting a sale.

engineered-wood-flooring

Don’t forget about the sellers! Home sellers that want to speak to a green crowd should be coached on how to do so, as green amenities are often a big selling point to buyers.

3. Create Sustainability Through Business Initiatives

A green portfolio will easily attract the eco-conscious, but you have to walk the walk. If you’re all talk, clients will see right through you, so brokers and their agents have to educate themselves on green practices. Here are some key ways companies are reducing their carbon footprint.

Work With Sustainable Vendors

Prospective clients don’t just look at the firm’s eco-footprint; they’ll also research vendors. Everything from HVAC parts to landscaping services will be critiqued with a fine-toothed comb, so it’s essential that you choose service providers and suppliers that practice sustainability.

On your website, display all the vendors you work with. That way, clients are reassured that both you and your vendors are committed to creating a more environmentally friendly world.

Pursue Green Certifications

Building operations and construction, directly and indirectly impact the environment, meaning real estate firms should achieve a green building certification to be sustainable.

Many property developers have adopted Leadership in Energy and Environmental Design standards (LEED) of the US Green Building Council to become more eco-friendly. Other options include WELL Building Institute and the National Association of Homebuilders.

Such standards have led to a growing inventory of efficient and sustainable buildings.

Set Emission Targets

Several companies are adopting the science-based target approach to reducing greenhouse gas emissions which establishes targets that keep the global temperature increase below 2°C.

Keeping carbon emissions down as low as possible also has lasting effects on the industry as a whole. New innovative practices and technologies will emerge to help clients and firms adopt strategies that further reduce their carbon footprints, leading to a more eco-friendly nation.

How to Find Off-Grid Land To Build Your Home

A recent Forbes report states that nearly one-third of Americans are considering moving to less populated areas, in wake of the pandemic. Besides safety, off-grid living offers the chance to become more self-sufficient and less reliant on others. Off-grid living can mean a less stressful, healthier lifestyle.

If you are comfortable with doing things with your own hands and enjoy privacy and quiet, off-grid living in the State of Texas, or another state, may be an ideal lifestyle. But how can you find an appropriate property? Here are some things to consider, before we discuss finding the ideal location.

How to Find Off-Grid Land To Build Your Home

Proximity to Civilization

Ideally, you want to be away from the hustle and bustle, but realistically, you want to be close enough in case of an emergency. There are some good reasons for this. At some point, you will likely need to utilize a hospital. Some communities offer emergency flights to metropolitan hospitals. At any rate, you shouldn’t be terribly far from medical care.

Even though you may grow a vegetable garden and hunt, you will still probably want to have a grocery store less than an hour away. From buying gas to propane, from hardware stores to pharmacies, there are things you will need. According to professional Texas brokers, a property with too long of a drive will be impractical. Look for a property near a town that offers amenities.

Look for land with a water source

We cannot emphasize enough the importance of having a water source on your property. This may be a pond, a spring, a creek or river, or a well. Hauling water is impractical and difficult. You may be able to install storage tanks, but then you are still reliant upon finding a water hauler.

Drilling a well is not inexpensive, so unless you know others in the area have had success with drilling, this is not a good solution. Even if there is a creek, laws may regulate how much you can draw. This is vitally important to check on.

Check the Road Conditions

Has a road been bulldozed to the property you are considering? Is it paved, or does it have gravel? Could a fire engine get in and back out? Can a propane truck deliver propane? If you are going to have snow and heavy rain, having a good road is extremely important.

You may be planning to build your own, but remember, it’s an expensive proposition. If the above hasn’t scared you off, then you can begin the process of looking. When looking at various states, remember to check to see if off-grid living is allowed in that state or county.

Places to Look

Craiglist offers some intriguing deals, but it’s buyer beware. If you are considering a Craigslist purchase, our advice is to thoroughly do your homework. It is a site known to attract scammers. Never buy anything without seeing it and confirming the ownership records with the County. Traditional real estate firms offer a safe, and legal, method to search our properties. You have the advantage of employing someone to do the legwork. However, you will also pay for that privilege, in the form of a real estate commission.

Ebay, surprisingly, has some interesting, legitimate real estate offerings. Again, it’s recommended  that you actually go to the property and do your homework. People can take great photos, but reality can be something quite different. Auctions are another good source of inexpensive land, but you need to research the parcel prior to putting in an offer. Remember our advice: water, roads, proximity to towns. You will also need to be prepared to pay for the land, right away, at an auction. There may be a small grace period but cash is king.

sustainable forestry

Meanwhile, off-grid publications often contain advertisements for off-grid properties. As these are folks who understand the lifestyle, these ads can be intriguing. Social media often has “groups” or people to “follow” who are living off-grid life. This is a good opportunity to join and read about the lifestyle and see what properties are for sale.

Off-grid living has its challenges, but the rewards more than outweigh them. Make sure you do your homework before purchasing and keep in mind the above recommendations for success.

6 Ways to Increase the Value of Your Home

When it comes to increasing the value of your home, you have to keep a couple of things in mind. It is important to make changes to your home that you will love, but will also keep your home’s resale value high. Plan out the renovations you want to make and create a budget that works for you. Invest in additions you can enjoy but will also increase your home’s value in return. Even if you aren’t thinking about selling any time soon, this is something you should remember when renovating your home.

By making changes like repainting, building a deck, renovating your kitchen, or making your home more energy-efficient, you can increase the value of your home with ease.

Keep everything budget-friendly, making investments in your home that are worthwhile. Make changes that you will love, but will increase the value of your home too. This will come in handy if you ever decide to put your house on the market in the future.

If you’ve been looking for different ways to increase the value of your home, these ideas can inspire you and help you begin transforming your home into an appealing, innovative, and valuable space.

ways to increase the value of your home

1. Paint

If you are looking for an easy, do-it-yourself project that will increase the value of your home, get ready to bring out the paint and rollers.

By adding a fresh coat of paint, changing up the entire color scheme of your home, or bringing interest to a room with an accent wall, you can completely update the interior of your home. Not only will this bring a refresh to your space, but it will increase the value of your home instantly.

If you enjoy the current colors in your home, go for a quick coat of the same color to prevent the walls from looking dull. But, if you’re wanting to switch things up, consider going with an entirely new color scheme. This can completely transform the interior of your home, elevating the style you create in this space. You could even add an accent wall in your home, adding a point of eye-catching interest to any room.

The options are endless, but whatever you decide to do with the paint in your home will be sure to increase its value.

how to increase the value of your home

2. Focus on the Kitchen

One of the most valuable spaces in your home is the kitchen. This is a major selling point for most, making it important to keep this space modern and up-to-date.

Not only will you be able to enjoy the benefits of having a sleek, stylish, and functional kitchen, but making investments in this space will benefit you in the future if you did decide to sell your home.

You can start with simple, budget-friendly kitchen renovations like repainting, adding a backsplash, changing the color of the cabinets, or adding new hardware to your cabinetry. But you could also make bigger changes like changing out the flooring, adding an entirely new countertop, or replacing outdated appliances. There is so much you can do in a kitchen to make it stand out, so look for inspiration from modern design while bringing in your own style too.

stainless-steel-kitchen

3. Build a Deck or Patio

Another way to increase the value of your home is to simply build a deck or patio, making this a major selling point for your home. Having an outdoor space like that will instantly increase your home’s value, giving you a space you can enjoy with friends and family year-round.

If you love grilling out, hosting parties, or gathering around a fire pit – a deck or patio space might be the perfect addition to your home! Not only will this give you the perfect space to relax outdoors or entertain, but it will increase the value of your home.

Choose the color or stain that you want the wood, making sure that it matches the exterior of your home, then you can get to building the deck or patio of your dreams. This will bring aesthetics and character to your backyard, adding value instantly.

This is a space you can enjoy for years to come, but if you ever decide it’s time to sell, the deck or patio will be a major selling point to any future homeowner.

4. Replace Garage Heaters

It is becoming more and more common for homeowners to turn their garage into a functional space, for working out or extra hobbies. But, one thing that makes this space hard to work in is when it gets cold in the winter months. This usually means investing time and money into finding the perfect garage heater, and while they usually have many benefits, there are always disadvantages you have to be conscious of.

To keep your garage space warm, hazard-free, and safe to use year-round, you may want to consider using an alternative heating source to keep your garage warm this winter.

While it is most common to see electric fireplace inserts installed in homes, there is no reason you couldn’t keep one in your garage, for a safer way to heat this space and utilize it all year long. Electric fireplaces are not only hazard-free with no risk of gas emissions or fumes, but they are energy-efficient, they heat more effectively, and they’re easy to operate, making this the perfect way to keep your garage warm.

If your family’s safety is a priority along with the longevity of your home, put an electric fireplace to use instead of a garage heater. You’ll be more than happy you made the switch, especially when considering how much safer and hazard-free this alternative is.

5. Lower Your Home’s Energy Costs

An innovative way to increase the value of your home is to make it more energy-efficient and green, lowering your home’s energy costs in turn.

Some easy ways to do this are to utilize high-efficiency windows, install LED lights, or exchange your current appliances for a more green alternative. These changes will not only increase the value of your home, but they will help cut your typically high energy bill as a result. This will benefit you while you are living there, but it will also be a plus for new homeowners if you ever decide to sell.

 

You could even invest in solar panels if this is something you have been wanting to do. While this is more of an investment than the other alternatives listed, since you won’t see a financial kickback immediately. But, if you plan to stay in your home for a while then solar panels will be worth it in the end.

solar-powered-home

This will increase the value of your home, keep your home energy-efficient, lower your bills, and help with resale value in the future too!

6. Add Curb Appeal

Another easy way to add value to your home is to work on your landscaping and add curb appeal to the exterior of your home. Not only will this make your home more beautiful, but it will increase your home’s value too.

By re-doing your current landscaping or installing something entirely new, you can transform your front lawn into an aesthetic and appealing place. This will grab the attention of neighbors and passersby alike, making your home an interesting and eye-catching place.

curb appeal of home

With the simple addition of flowers, bushes, trees, and greenery, your home will be elevated and its value will increase instantly. This will give you an outdoor space you can love and cherish while using this appeal to your advantage if you ever make the choice to sell.

Increasing the Value of Your Home with Ease

If you’ve been looking for ways to increase the value of your home, now is the time to take some inspiration and get started on new renovations. Plan out projects that will make you fall in love with your home while adding value at the same time. Remember to keep your budget in mind too, making sure every investment you make will be worth it.

Even if you aren’t ready to sell, there is still plenty you can do to your home to increase its value and update its style, making it a more innovative and appealing space. By repainting, updating the kitchen, adding curb appeal, or lowering your home’s energy costs, you will begin to see an increase in your home’s overall value.

To update your home, making it more functional and appealing, use these ideas to increase your home value and love the space you’re in even more.

Measuring the Success of Your Real Estate Direct Mail Campaigns: Key Metrics to Track

Direct mail remains a valuable and effective marketing tool for real estate professionals looking to reach potential clients. But how can you measure the success of your direct mail campaigns to ensure you are getting the best return on your investment? You can gain insights into your campaign’s performance and make data-driven decisions for future improvements by tracking key metrics. This article will explore the most important metrics to track and provide guidance on using this data to optimize your direct mail lists for real estate campaigns.

important metrics in direct email real estate campaign

Response Rate: The Starting Point for Evaluating Success

The response rate is the most basic metric for any direct mail campaign. It measures the percentage of recipients who take action upon receiving your mail, such as calling your office, visiting your website, or filling out a form. To calculate the response rate, divide the responses by the total number of mailers sent and multiply by 100. A higher response rate indicates a more effective campaign, but be sure to benchmark against industry averages and your previous campaigns to set realistic goals.

Conversion Rate: Turning Responses into Clients

While a high response rate is encouraging, the ultimate goal of any real estate marketing effort is to generate new clients. The conversion rate is the percentage of respondents who become actual clients. To calculate the conversion rate, divide the number of new clients generated by the total number of responses and multiply by 100. This metric provides insight into the quality of leads generated by your direct mail campaign. It helps identify opportunities to improve your messaging or targeting to better resonate with your audience.

Cost per Lead and Cost per Acquisition: Assessing Your Investment

Understanding the costs associated with your direct mail lists for a real estate campaign is crucial for evaluating its effectiveness. Two key metrics are the cost per lead and the cost per acquisition.

  • Cost per Lead: This metric calculates the average cost of generating a single lead through your direct mail campaign. Divide the total cost of the campaign by the number of leads generated. Tracking the CPL helps you understand the efficiency of your campaign and make informed decisions on future budget allocations.
  • Cost per Acquisition: The CPA takes the analysis one step further, calculating the average cost of receiving a new client through your direct mail campaign. To find the CPA, divide the total cost of the campaign by the number of new clients acquired. A lower CPA indicates a more cost-effective campaign, and tracking this metric helps you optimize your marketing spend.

Return on Investment: Evaluating the Bottom Line

Return on investment (ROI) is the ultimate metric for determining the success of your direct mail campaigns. ROI calculates the net profit generated by the campaign relative to its total cost. To calculate ROI, subtract the cost of the campaign from the revenue generated by new clients, then divide the result by the total cost and multiply by 100.

A positive ROI indicates that your direct mail campaign is profitable, while a negative ROI suggests a need for improvement. Remember that ROI can vary significantly depending on market conditions, target audience, and campaign strategy.

Conclusion

Measuring the success of your real estate direct mail campaigns is essential for optimizing your marketing efforts and maximizing your return on investment. By tracking the key metrics mentioned above, one can successfully measure the reach and impact of their marketing campaign.

The Eco Revolution in Property Investment

Many of us are now making more eco-friendly and environmentally conscious decisions every day. Whether it’s taking our own carrier bags to the shops, having a reusable water bottle or recycling your tin cans – little changes are making a big impact. When it comes to property, the eco revolution has increasingly been making waves. From solar panels to energy efficient light bulbs, our properties are becoming better for the planet. These eco-friendly priorities are also affecting real estate investment, with an increasing number of tenants looking for eco-friendly properties.

Eco-friendly homes are becoming increasingly popular with a new environmentally conscious generation starting to look for rental properties. Young professionals who are living in the city are less likely to buy a home than ever before, so are looking for a rental property that meets their exacting requirements. With many of them choosing to make environmentally friendly choices, like going plastic free or cutting down on how much meat they eat, accordingly they are looking for eco-friendly homes too.

Environmental impact is increasingly on the agenda of consumers in every aspect of their lives. Many are also willing to pay a premium for eco-friendly purchases. Research has shown that UK consumers would pay an average 10% more if they were buying something they thought had a positive impact on society. Property investors would be wise to bear this in mind when looking for new property investments. In an increasingly competitive rental market, the ability to raise prices because of eco credentials is a lucrative option for investors.

Furthermore, 40% of consumers think that sustainability is important when they are making a purchase. The impact of this can be seen in the growing number of brands and businesses that are making their environmental commitments obvious to consumers. It is clear that savvy property investors can be both environmentally friendly and business smart when looking to purchase new properties.

In another study, 80% of tenants believed that their landlords should be considering the environment more, and suggested measures like double-glazing, insulation and eco-modifications. These simple measures can make a large impact on the appeal of a property to prospective tenants. Increasing energy prices are another concern for occupants.

In addition, 55% of renters asked said they would prefer a rental property with a smart meter if it was the same price. Energy efficient measures are both good for tenant’s monthly costs and for the environment so buy to let property investors can be at an advantage if their property offers these.

As of April 2018, buy to let landlords are legally required to have an EPC rating of E or above in their properties. This means that property investors are increasingly looking at new build properties which are already energy efficient and don’t require costly renovations. Tenants can also legally request that a landlord makes property improvements if the EPC rating is F or G.

Developers are increasingly taking sustainability and environmental impact into consideration when building new properties. Properties with energy efficient specifications, like many by RW Invest are providing investors with lucrative returns and high tenant demand. Recent changes to regulation mean that new build properties need to be energy efficient and this is making a huge impact on the buy to let market.

The trend towards environmentally conscious properties looks set to continue, with eco-friendly qualities high on the agenda of both potential tenants and investors.

Also Read: 5 Qualities of a Good Property Management Company

Green Home Improvements to Attract Homebuyers

People’s desire to make a smaller footprint on a vulnerable planet affects the real estate market worldwide. In part this is due to the Internet’s power to inform and inspire, and it is partly due to who is buying the most homes. Millennials have made up more than half of homebuyers over the last few years. And millennials, surveys have shown, are willing to pay more for sustainability and the greenest possible living.

They often opt for new construction with the highest eco-friendly standards, but not every buyer will purchase a new home. Some millennials are not ready to make that financial commitment, and some will not be buying in trending locations that have lots of new green construction. So to attract buyers to an existing home, green home improvements can be a big win. Not only will the homeowner be doing the right thing by the planet, but also homes can sell faster and for more.

Although making green changes to an existing home can be complicated and expensive, there are many levels of improvement that vary in cost and difficulty.

What Meets the Eye

Green home upgrades the buyer can see in an existing home make a difference. If you are upgrading, you can go more sustainable and energy-efficient in these areas:

  • Non-toxic paint: The volatile organic compounds (VOC) in some paint can damage air quality and lungs. Choose a low-VOC paint to get that fresh, neutral look buyers want.
  • Sustainable flooring: Replace worn-out floors with highly renewable bamboo, with responsibly grown and harvested hardwoods, or with natural linoleum products.
  • A cool roof: Renovate the roof with light-colored materials that reflect heat.
  • Energy-efficient appliances: Update the kitchen with appliances, and even faucets, that run on less energy and/or use less water.
  • Native plants: Refresh the landscape with plants native to the environment, that will need less specialty care products and that will support local ecology.

Energize

Green changes that make a home energy-efficient will attract buyers and also give sellers the ROI of an eco-friendly home. Because they save money, these improvements also make money and bring return on investment.

  • Update to a Smart Thermostat: A programmable thermostat ensures heating and cooling meet your needs without waste.
  • New windows: The U.S. Department of Energy reports that 25-30% of energy costs literally get sucked right out of old windows, where leaks in both directions waste resources and money. New windows also beautify a home.
  • Weather protection: If new windows are not an option, caulking and weather-stripping are also efficient.
  • Tankless water heater: Upgrade an old water heater that needs to go anyway with a tankless one, that heats water as needed. Why waste energy heating gallons of water all the time?
  • Recycled water: Systems for catching rainwater, or holding water from sinks and tubs (greywater) can save waste and money. This water can flush toilets and water gardens, among other uses.
  • Renewable energy sources: Depending on the climate, solar panels and/or wind turbines can provide energy in place of using other, non-renewing resources.

Before making eco-friendly home improvements, research is the seller’s best tool. Understand the options, costs, and benefits. An experienced real estate agent can advise on what green home improvements are most wanted and bring the best ROI in the local market. Also make sure the home is appraised by someone experienced with green features, to make sure their real value is represented in the appraisal.

Useful Resource: Benefits of Energy Quoting Software

Biotechnology in Architecture: Building Homes that are Alive

For many centuries, architects have continued to amaze the world as they continue to design more complex buildings thanks to fast advancing technological development. Architecture and nature have been closely related to building design reflecting a certain part of nature or being inspired by nature.

Recently, biotechnology architecture has begun taking root with structures that intertwine with nature being designed and thereby creating harmony and favoring natural equilibrium. What has for many years be seen as stories only achievable in fantasy and sci-fi books is now a reality.

Nature contributes a lot to building materials

From traditional homes, complex modern squares to places to spend holidays, you will find natural material in every square inch of any building. Cement is mined from limestone, metal ore is processed to produce metal, trees are cut for wood, and so on.

green home on a mountain slope

Without natural material, it would be impossible to build any lasting structures. One thing will always remain as truth and it is the fact that all houses are built in collaboration with nature.

From books to reality

The Hobbit was written in 1937 by J.R.R Tolkein. The fantasy novel was awarded by New York Tribune as the best novel for children. Hobbits lived in houses that looked like holes in the mountains. The fantasy book inspired the writing of Lord of the Rings, followed by Hobbit movies, cartoon characters, and games.

Architecture lovers inspired by the fantasy novel have to date put some greatly striking house projects around the world. Some of the projects are Woodland Home – West Wales, Hobbit Hotels – New Zealand, and the Dune House, USA.

Another important novel is Hyperion, a Novel by Dan Simmons, published in 1989. He describes a creature named Shrike that is worshipped by some, some want to destroy it and some fear it. Yggdrasill, which connects the seven worlds, inspired some architects to designed Yggdrasill homes, bringing them to reality.

The Veldt by Ray Bradbury has a lot of lessons that college students can learn and turn into practical lessons. The themes presented in The Veldt college essay samples on EduZaurus provide an even greater way to better learn the lessons contained in this book.

There many more books and essay examples that contain lessons about the future and students can study them and write wonderful essays. Even after referring to the essay examples and books, a student can seek help from a writing service if they want more quality work.

Importance of biotechnology architecture

For many years. Biotechnology has been applied to improve plant species for better production. The technology later advanced to include animal species where cross-breeding was first adopted before technology advanced to the use of genetics.

Today, biotechnology is used to develop better products, fight diseases, reduce harm to the environment, produce cleaner energy and promote safer manufacturing processes. Biotechnology architecture relies on information instead of form. Its recommendations are not based on the structure of a building but its behavior.

Living homes

Using biotechnology in architecture, bio architects envision future homes as homes that are alive. When biology and engineering are brought together, building structures that are part of nature can become a reality. Recent technology has discovered mycelium, a fungus that can grow fast and create material with important structural performance.

use of biotech in architecture

Veldt – a good example of a jungle room

In his book titled The Veldt, Ray Bradbury describes a scenario where some children created a fully automated house. They are living a leisure life and then Peter and Wendy create a nursery, which is a virtual reality room. Interestingly, the room can create any environment-friendly living for the children to live in. The house performs all chores like cooking, laundry, brushing their teeth. Soon, the parents and children realize the nursery is too real.

The sci-fi book is currently 70 years old but its stories continue to live. The fictional stories of a happy life home are today’s real stories. Inspired by the Veldt story, Krista Kim created the first NFT digital house and offered it for sale. Although it’s virtual, the house opened a new door for green homes realty. More real green homes are the Hobbit Holes in New Zealand that have been turned into hotels.

Advantages to future generations

A green home will save future generations from pollution, environmental destruction, and unhealthy lives. Green homes will be able to produce their own energy to power them, heal themselves and provide a healthy environment to live in.

In his book, Ray Bradbury envisioned a future generation that would create a living corner of wildlife in the house. Back in his time in this book, Ray Bradbury raised the question that against the background of developing technologies, a person should be closer to nature and not live in a “concrete jungle” and that a person will try to be closer to nature.

Therefore, the topic of biotechnology will always be relevant. Even when a person colonizes distant planets and flies off the earth in a spaceship, he will still need nature to survive and maintain inner harmony.

Conclusion

Bioscientists and architects look forward to future green cities whose reality must start today. The once fantasy and sci-fi books have today inspired technology-driven green buildings. The hobbit holes hotels in New Zealand are real testimony that it is possible to bring the future to today and build green homes around the world. It calls for commitment from architects, bioscientists, and governments to bring this vision to reality.

Considerations When Buying a Vacation Rental with Solar Panels

It’s possible that one of the properties you’re considering for purchase as a vacation rental will have solar panels already installed. This can be a positive marketing point for your property in today’s increasingly environmentally conscious world.

Installed correctly, solar panels can be aesthetically pleasing. Their presence is also one of the first things people will notice about a property. So, when you get to the stage of when you’re ready to start the financing process of investing in a particular vacation rental property with solar panels, here are a couple of things you’ll need to consider as a part of your vetting process.

vacation rental with solar system

How Were They Financed?

Your first consideration will be how the panels were financed. The easiest scenario is when the owner of the property financed the panels themselves. Solar panels can add a lot of value to the property. Although the value of the panels decreases with the age of the installation, newly installed panels can add up to nearly $30,000 of value to a home.

If possible, see if you can get an idea of what the previous owner’s utilities ran prior to installation of the panels, and after. This will give you concrete information about how much the panels are saving on the electric bills.

What is the Size of the System?

You’ll also want to have an inspector give you an idea of the size of the solar system. If the previous tenants worked from home and had several family members, the installation is probably more than adequate for a vacation rental property. A smaller system for one or two people might need enhancements. Lower utility bills will allow you to charge less for your property.

What if the Panels were Leased?

Sometimes the property owner doesn’t have the money upfront to pay for the panels, so they finance them by leasing. This situation is not necessarily something that should cause you to automatically pass on the property. It’s important to find out the age of the lease. It’s possible the finance period is almost over. In this case, the cost of taking over the lease will be minimal.

There are a couple of points open for negotiation here. You can work with the finance company to see if you can reduce the amount remaining on the lease. Or you could have the remaining amount on the lease included in the selling price. The cost of solar panels is expected to go down by as much as a third by 2024, so the amounts under consideration can be expected to be less as time goes on.

Have the Panels Inspected

As in any potential property purchase, having the panels inspected prior to signing on the dotted line is mandatory. You’ll want to get an overhead inspection of the panels, which can be done by drone. Make sure the drone has a thermal camera to check for an initial check for defects.

You’ll want to perform the solar panel inspection on a sunny day. This way any defects, such as hot spots, will be more easily detected. The optimum time for such inspections is in the morning or late afternoon, to reduce glare off of the panels. If the sun is directly overhead, you may get too much glare off them and the inspection won’t be able to show you anything.

If possible, do a second drone inspection with an RGB (visible light)  camera. This inspection will turn up the presence of debris on the panels. This is not necessarily a bad thing. It can simply mean that the panels are due for a cleaning, something that hopefully has been a part of the regular maintenance of the panels.

Is There Enough Sunlight?

Another aspect of existing solar panels to consider is whether there is adequate sunlight to support them. If the panels were installed in an area shaded by trees, you not only may not be getting the full benefits of them but may have more cleaning costs associated with them.

If they are shaded because of geographical features on the property, you also may not get the full benefit of the panels.

Previously installed solar panels are not necessarily a negative when considering investing in that property as a vacation rental. They can be a great marketing point for your property as well as aesthetically pleasing. Just be sure to look into how they were financed, and get them inspected for general condition. This will ensure the panels are in good working order prior to you taking over the property.

How Home Builders Create a Better Product for Buyers

When it comes to homeownership, there are a lot of options out there. You can buy an existing home, build a new one, or even purchase a pre-fabricated property. And each of those options has its own set of pros and cons.

But if you’re looking for the ultimate in flexibility, control, and customization, then building your own home is the way to go. And in this article, we’ll explain why this could be an excellent option for you.

benefits of building your own home

You get to choose everything – the floor plan, the finishes, and even the location.

Looking at new homes for sale is an exciting prospect, but it can sometimes be overwhelming. Just where do you start, and with so many things to consider, it’s easy to get frustrated or feel lost in the process.

The good news is that you have complete control over your new home. You can make all the decisions from big-picture choices like location, floor plan, and overall look to more specific details like the individual lighting fixtures and door fitments.

Depending on the builder, you might even have some say over more practical elements such as soundproofing and energy efficiency standards — not just aesthetics.

So even though buying a new house can be intimidating, it’s also hugely empowering because with each decision comes an opportunity for total customization. With a combination of careful planning, thoughtful design choices, and due diligence on research, you’ll be able to create your ideal dream home!

A new build home is typically more energy efficient and has better insulation than a resale home

When it comes to choosing a new home, many people find themselves weighing the benefits of buying an existing resale property versus building a new one. It’s true that a resale property can offer advantages like more immediate availability and established neighborhoods, but there are some key advantages to consider when opting for new construction.

A major consideration is the energy efficiency and insulation offered by a newly built home — features that don’t always come standard with a resale.

New homes are constructed up-to-date with insulation standards and energy-efficient appliances, meaning they require less energy to heat or cool than older homes. Additionally, you’ll often find higher quality windows on newer models, which helps to seal in the air more effectively than pre-existing single-pane glass technology that may be found in older homes.

So while there may be a temptation to buy existing due to the convenience factor, don’t overlook the importance of investing in modern insulated architecture that could give you substantial cost savings over time.

You can personalize your home to fit your unique lifestyle and needs

Any home is a reflection of its owner and the activities that are taken place there. It makes sense to personalize your living space in such a way that it compliments your habits and lifestyle. By making thoughtful design choices and adding personalized details, you can make your home unique while expressing who you are.

Adjustments to suit your family’s lifestyle will also help you create an environment conducive to productivity, relaxation, and inspiration. A few simple changes, like painting the walls a different color or changing the style of windows, can make all the difference in how your home feels.

Add lighting fixtures that fit each room’s mood and decorate according to what you enjoy looking at. Prioritizing storage solutions and organizing items can help reduce clutter, creating a more comfortable atmosphere for everyone who lives in the house.

Personalizing your living space is one of the best ways to ensure you get precisely what you want out of life.  With just a few minor adjustments here and there, anyone can make their house feel more like home in no time at all!

A new build home will likely appreciate in value more than a resale home in the same neighborhood

When it comes to making a real estate investment, deciding between building a new home or purchasing an existing one can be challenging.

Appreciation over time

On the one hand, buying an existing home allows you to move into it right away and can often come with desirable features like mature landscaping and a larger lot size. On the other hand, building a new home may provide more appreciation over time- especially considering that many resale homes remain stagnant in terms of value or sometimes even decline over time.

Boosted curb appeal

In most neighborhoods, resale homes will have reached their peak value once purchased from the previous owner and won’t go up much in price until significant renovations are done. Meanwhile, constructing a new residence means buyers can pay for all sorts of modern updates and enjoy the boosted curb appeal before prices take off in the area.

So, if you’re looking for long-term economic security and stability, a new build home may be worth considering over other real estate options available in the same neighborhood.

You don’t have to worry about repairs or renovations with a new build home

Moving into a new home can be a hugely exciting experience. But when you move into a resale property, you’re never entirely sure if the previous owner was completely honest about the home’s condition until you move in.

building your own home

With a new build home, you can have the peace of mind that comes from knowing there won’t be any hidden problems or expensive repairs to worry about. Instead, you’ll get to start out with a high-quality and modern home, so everything is fresh and up-to-date.

All in all, when considering the pros and cons of choosing a newly built home versus a pre-owned one–the advantages of having no repairs or renovations needed easily win out!

Our Roundup

So, if you’re considering buying a new build home, here’s our summary of the top reasons why you should go for it:

  1. You will get to choose everything about your home
  2. It will also be more energy efficient
  3. It’ll appreciate in value over time.

You won’t have to worry about any repairs or renovations that may need to be completed once you’ve moved in.