Roland Violette Jr.

Four Reasons to Invest in Real Estate When You’re Young

When you picture a “real estate investor,” how old do you imagine this individual to be? It’s likely you’re picturing someone on the older side, someone with plenty of experience in business and entrepreneurship. However, younger people aren’t prohibited from making real estate investments. In fact, those who invest while they’re young may experience a greater level of benefit than those who wait until later in life. Here are a few reasons to invest in real estate when you’re young.

It Can Help You Focus on the Long-Term

Too often, people of all ages focus on short-term goals and aspirations. Part of that stems from society’s emphasis on instant gratification. However, the world of real estate investment focuses on long-term gains. In that regard, many investors begin their efforts with such goals in mind, considering the distant future and what they can achieve over the course of many years. For young people who aren’t so certain about the near future, much less the far-off one, real estate investments can create a constant, a path that stretches towards the horizon and offers some form of stability and direction.

It Can Help You Build More Equity

Investments are based on the concept of equity and compound interest. The math is pretty simple—the more years you invest and earn compounded interest, the more money you’ll have. So, if you invest as a young person, you have the potential to earn a significant payoff, especially compared to those who invest later in life. You don’t have to be a mathematician to understand the benefits of early investments—as the adage goes, the early bird gets the worm.

To read the full article, visit RolandViolette.net.

How to Winterize Your HVAC Unit

Summer is coming to an end, so that means it’s time to shift gears from cooling to heating. However, there are a few steps that need to be taken prior to switching on the furnace. The process of preparing your HVAC unit for colder months is smart, and the proper steps must be taken. Here’s what you need to do to effectively winterize your HVAC unit.

Change the Air Filters

Many people tend to leave their air filters in for long periods of time. Regardless of the season, air filters can become clogged and blow contaminants directly into your home as well as plug up system coils and your ductwork. These contaminants can trigger respiratory issues and allergic-type symptoms. Make a point to change HVAC air filters every one to three months, and always do it as you’re winterizing the unit. After all, when you’re dragging holiday decorations out of the basement throughout fall and winter, you’ll want to be sure all of the accumulated dust isn’t ruining your air quality.

Clean the Unit

HVAC systems need to be cleaned inside and out. In addition to changing the air filters, make sure your outdoor unit coil is clean if you have a heat pump-type system. It’s difficult to do this cleaning when the weather is cold, or when ice and snow cover the unit, so accomplish this task before winter weather hits, and use a hose to remove excess dirt and dust from the coil.

To read the full article, visit RolandViolette.com.

Choosing the Right HVAC System

As with purchasing a car or home, purchasing an HVAC system is an investment. At the end of the day, you’ll want a heating and cooling system that fits your needs, lifestyle, and budget. It can be overwhelming to look at the flood of numbers and machinery on the market, and if you’re on a time constraint, that stress can manifest tenfold. Here are a few tips for making your HVAC system selection just a bit easier.

Talk to an Expert

If you do one thing this list recommends, make sure it’s talking to an expert. HVAC contractors want you to receive the best-fit system investment. They can work with tight budgets by offering a limited-scope but effective system option or, if you’re trying to update an outdated system, they can identify the best add-ons and customizations on the market. Additionally, it may help to discuss the matter with your building’s architect or designer, as they’ll be able to offer insight into the structural capabilities of an HVAC overhaul. The best contractors and experts will inform you of installation methods and can spot previously unknown problems in your home that may lead to installation or operation issues.

To read the full blog, visit RolandViolette.com.

How to Turn Real Estate Investing into a Hobby

http://rolandviolette.net/how-to-turn-real-estate-investing-into-a-hobby/

In the age of side-hustles, hobbies have become a worthwhile method of generating income. However, knitting and graphic design aren’t the only means of making extra cash on the side. Real estate investment has become a valuable tactic for individuals of all ages and abilities, and it is a unique path towards long-term income results. Here are some ways to turn real estate investing into a hobby.

Do Your Research

The internet is a terrific resource for information on the art of renting properties. Although you likely aren’t planning on turning real estate renting into a full career, at least in the short-term, an understanding of the business and the various facets of renting out a property is essential for even the most casual property managers. Blogs by realtors are some of the best resources for rental hobbyists, as they offer detailed, timely information on the current state of the market. No matter how casual you want the hobby to be, listening to professionals is never a bad choice.

Set Achievable Goals

To become successful at a hobby, individuals must put in time and effort. To make that time and effort worthwhile, though, individuals must establish goals. These goals help to hone abilities and offer unique challenges, making efforts all the more enticing. In regards to renting out real estate, goals could include generating a certain amount of income after a set period of time, managing a certain number of properties, or even simply understanding how rentals in your area work by a certain date. Keep track of these goals in a journal or computer document, and find unique ways to achieve them.

To read the full blog, visit RolandViolette.net.