Here’s an easy way to draw a custom curve in Photoshop.
If you like grilled asparagus, here’s an easy way to make it without firing up the outside grill.
So, I’m currently trying this Keto diet which calls for low carbs. Since french fries are not low carb, I needed a substitute. Tofu seems to fit the bill thought it’s a lot more expensive that potatoes. Anyway, the one I’m eating is from Costco. It’s rated “Firm” with a rating of 4 out of 6 on the firmness scale. One pack contains 5 servings and each serving contains 70 calories and only 1g of net carbs (fiber doesn’t count). So, one pack contains 350 calories.
Here’s a recipe to make air fried tofu cubes.
If you are a real estate investor and have one or more rentals you’ve accumulated over time, there’s a good chance you have a good amount of equity in at least one of your properties – maybe even your primary residence. You might feel happy that you have a lot of equity but from an investment point of view, you could be making more money — potentially A LOT more — if you pull out some of that equity to re-invest it rather than leave it in the form of equity for an existing property. Compare the following two scenarios.
Let’s say you have 3 properties. One is your primary residence which you live in and are not renting out. The other two are rentals.
| Current Value | Equity | Rental Income (monthly) | |
|---|---|---|---|
| Primary Residence | $1,000,000 | $600,000 | $0 |
| Rental 1 (townhouse) | $750,000 | $650,000 | $2,500 |
| Rental 2 (triplex) | $590,000 | $100,000 | $4,820 |
Now, let’s estimate the value + appreciation on each property per year over 10 years. The average annual appreciation rate in California is 6.77%. We can easily calculate the appreciation using the calculator at
https://www.ddginc-usa.com/cgi-bin/apprec.php
In the last row, we see the total appreciation over 10 years.
| Year | Primary Residence | Rental 1 | Rental 2 |
|---|---|---|---|
| 1 | $1,067,700 | $800,775 | $629,943 |
| 2 | $1,139,983 | $854,987 | $672,590 |
| 3 | $1,217,160 | $912,870 | $718,124 |
| 4 | $1,299,562 | $974,671 | $766,742 |
| 5 | $1,387,542 | $1,040,657 | $818,650 |
| 6 | $1,481,479 | $1,111,109 | $874,073 |
| 7 | $1,581,775 | $1,186,331 | $933,247 |
| 8 | $1,688,861 | $1,266,646 | $996,428 |
| 9 | $1,803,197 | $1,352,398 | $1,063,886 |
| 10 | $1,925,273 | $1,443,955 | $1,135,911 |
| Diff | $925,273 | $693,955 | $545,911 |
Now, let’s estimate the annual gross rental income and per year over 10 years. For simplicity, and to be conservative, we’ll keep the monthly rent fixed (we’ll never increase the rent), although in reality, in California you can legally increase the rent by at least 5% per year. In the last row, we see the total gross rental income over 10 years. Of course, you’ll have expenses like debt service (paying your mortgage), taxes, operational costs, etc which will reduce this total rental income.
| Year | Primary Residence | Rental 1 | Rental 2 |
|---|---|---|---|
| 1 | 0 | 0 | $0 |
| 2 | 0 | $30,000 | $57,840 |
| 3 | 0 | $30,000 | $57,840 |
| 4 | 0 | $30,000 | $57,840 |
| 5 | 0 | $30,000 | $57,840 |
| 6 | 0 | $30,000 | $57,840 |
| 7 | 0 | $30,000 | $57,840 |
| 8 | 0 | $30,000 | $57,840 |
| 9 | 0 | $30,000 | $57,840 |
| 10 | 0 | $30,000 | $57,840 |
| Total | 0 | $270,000 | $520,560 |
Now, if we add the appreciation and rental income minus expenses over 10 years, we’d get our total return on investment (ROI). But, since expenses vary from one property to another, to be conservative and keep things simple, we’ll just look at the total appreciation.
Over 10 years, our investments will have appreciated by $2,165,140.
Now, let’s compare this to another scenario where we do cash-out refinance and reinvest the money in more rental properties.
In this scenario, we decide whether to do cash-out refinance for each existing property.
For the primary residence, we won’t refinance it and take cash out because doing so would increase the mortgage and since it’s not a rental, you’d have to pay for that increase yourself. Of course, if you can afford it, you could also do a cash-out refinance on that property as well, but it’s not a good idea to spread yourself too thin.
For rental #1, we do a cash-out refinance to pull out 75% of the equity. In doing so, our monthly mortgage pay for that property will go up but if you plan it correctly, your income will cover your new expenses, especially if your previous loan would be paid off in, say, 10 years, and you refinance to 30 years which would lower your monthly payments despite having borrowed more money.
For rental #2, there isn’t enough equity in the property so we can’t refinance it.
| Current Value | Current Equity | Cash-out refi 75% of value | New Equity | |
|---|---|---|---|---|
| Primary Residence | $1,000,000 | $600,000 | No refi | $600,000 |
| Rental 1 | $750,000 | $650,000 | $562,500 | $100,000 |
| Rental 2 | $590,000 | $100,000 | No refi | $100,000 |
| Total | $562,500 |
According to the table above, we’re able to pull out $562,500 from Rental #1 which we’ll use as a down payment to purchase more rental properties. Let’s say we buy 4 duplexes at $500,000 each and we put down 25% (standard for investment properties) which is $125,000 for each. That leaves us with $62,500 for closing costs and some home improvement. We’ll estimate the rental income for each duplex is $3500 per month.
| Current Value | Equity | Rental Income (monthly) | |
|---|---|---|---|
| Rental 3 (duplex) | $500,000 | $125,000 | $3,500 |
| Rental 4 (duplex) | $500,000 | $125,000 | $3,500 |
| Rental 5 (duplex) | $500,000 | $125,000 | $3,500 |
| Rental 6 (duplex) | $500,000 | $125,000 | $3,500 |
Now, like in scenario 1, let’s estimate the appreciation over 10 years.
| Year | Rental 3 | Rental 4 | Rental 5 | Rental 6 |
|---|---|---|---|---|
| 1 | $533,850 | $533,850 | $533,850 | $533,850 |
| 2 | $569,992 | $569,992 | $569,992 | $569,992 |
| 3 | $608,580 | $608,580 | $608,580 | $608,580 |
| 4 | $649,781 | $649,781 | $649,781 | $649,781 |
| 5 | $693,771 | $693,771 | $693,771 | $693,771 |
| 6 | $740,739 | $740,739 | $740,739 | $740,739 |
| 7 | $790,887 | $790,887 | $790,887 | $790,887 |
| 8 | $844,431 | $844,431 | $844,431 | $844,431 |
| 9 | $901,599 | $901,599 | $901,599 | $901,599 |
| 10 | $962,637 | $962,637 | $962,637 | $962,637 |
| Diff | $428,787 | $428,787 | $428,787 | $428,787 |
Now, like in scenario 1, let’s estimate the annual gross rental income and per year over 10 years.
| Year | Rental 3 | Rental 4 | Rental 5 | Rental 6 |
|---|---|---|---|---|
| 1 | $42,000 | $42,000 | $42,000 | $42,000 |
| 2 | $42,000 | $42,000 | $42,000 | $42,000 |
| 3 | $42,000 | $42,000 | $42,000 | $42,000 |
| 4 | $42,000 | $42,000 | $42,000 | $42,000 |
| 5 | $42,000 | $42,000 | $42,000 | $42,000 |
| 6 | $42,000 | $42,000 | $42,000 | $42,000 |
| 7 | $42,000 | $42,000 | $42,000 | $42,000 |
| 8 | $42,000 | $42,000 | $42,000 | $42,000 |
| 9 | $42,000 | $42,000 | $42,000 | $42,000 |
| 10 | $42,000 | $42,000 | $42,000 | $42,000 |
| Total | $420,000 | $420,000 | $420,000 | $420,000 |
Now, let’s calculate the total ROI. Again, to be conservative and for simplicity, we’ll just consider total appreciation even though we know the total ROI will be much more than that since every month for 10 years we’ll be paying down the mortgage using the rental income which increases our equity in each property.
The total appreciation over 10 years in scenarios 1 and 2 are
Therefore, using a very conservative estimate, we could make an additional $1,715,147 over 10 years if we refinanced and reinvested the equity in our existing properties.
Let’s say you hold on to the properties for 10 years. You’ll most likely have a mortgage on all or some of properties. At that point, you could choose to sell some of the properties to pay off all of your mortgages and live mortgage free! You’ll still be getting rental income from the remaining rental properties which may even amount to as much or more as your work income from a day job in which case you could choose to just retire and travel the world.
Everyone by now should now that regular white cane sugar is bad for you and contributes to weight gain, diabetes and other health problems. Following are some alternatives and an explanation as to why they are good or bad.
Many people think that there’s something special about honey that even though it’s high in calories like sugar, it’s better. While it’s true that there are some health benefits to consuming honey, from a weight loss point of view, it’s only slightly better. In order to understand why, we need to realize the fact that digestible non-fiber carbs simply get converted to sugar in the body so the following formula holds true.
CARBS = SUGAR*
* except for carbs from fiber and Erythritol (a sugar alcohol)
If we compare sugar to honey with the same portion size (100 g), we find that honey still has a ton of carbs (82 g) compared to sugar (100 g). Therefore, honey is not a good sweetener for weight loss.
Note: the sweetness of honey is higher than that of white sugar so you don’t need to use as much of it.
Pure Erythritol is a sugar alcohol. It is 70% as sweet as regular sugar. Unlike other sugar alcohols where half gets digested in the body, Erythritol does not get digested. Instead, it gets excreted through urine and feces like carbs from dietary fiber. For that reason, grams of Erythritol can be subtracted from total carbs. This makes Erythritol one of the best sweeteners. The texture is like fine sugar. I personally found the taste to be not bad but of course not as good as real sugar but that’s probably because I’m used to the taste of sugar.
Pure Monk fruit extract contains zero sugars, carbs and calories. This makes Monk fruit extract one of the best sweeteners. However, it’s 150-250 times sweeter than table sugar so you have to be careful when adding it to avoid over-sweetening. Monk fruit extract is often mixed with other sweeteners so read the nutrition label to make sure that if it’s mixed, it’s mixed with an acceptable sweetener like Erythritol. The texture is like a very fine powder so it dissolves easily. I personally found the taste to be a bit fruity and not bad. I still prefer the taste of real sugar but that’s probably because I’m used to the taste of sugar.
Pure Stevia, like Monk fruit extract, is a zero sugar, carb and calorie sweetener which makes it a good sugar substitute. It is 200 to 300 times sweeter than sugar so you need to be extra careful when adding it to food and drinks. And, like Monk fruit extract, it often is found mixed with other sweeteners so make sure to check the ingredient list.
White rice is eaten by everyone all over the world. It’s probably the cheapest, most filling, readily-available type of food. Many people even have large plates of rice for breakfast. Though white rice may seem like an innocent, healthy food to eat, unlike sweets, it’s actually not healthy because it’s full of carbs which just gets converted into sugar in the body which leads to weight gain and health issues such as diabetes. So, just because white rice doesn’t taste sweet or look sweet, it’s just as bad as sugar. You might as well imagine you’re seeing sugar when you see white rice (or any carb like bread for that matter).
The nutrition profile for white rice shows that 1 cup of it contains 45 grams of carbs. If we subtract the insignificant carbs from dietary fiber (they just pass through the body), then you’re consuming 44.4 grams of carbs in 1 cup of white rice. 1 cup of white rice also gives you a whopping 205 calories.
Now this should surprise you. One cup of white rice has more carbs (45 g) than that in a can of Coca Cola (39 g). So, when you eat rice, it’s not much different from drinking a can of soda.
One healthy, low calorie alternative for white rice is riced cauliflower. Weighing in at just 5 – 2 = 4 digestable carbs per cup, it’s got a fraction of the carbs of white rice. And at only 25 calories per cup, it’s super low calorie compared to the whopping 205 calories per cup of white rice.
If you a simple-to-cook, flavorful riced cauliflower meal, try Trader Joe’s Spicy Mexican-Style Riced Cauliflower. For $3, it’s cheap and personally, I found it to be very tasty. Optionally add some chicken breast for protein. It’s a bit spicy so if you can’t handle the spice, try the next option below.
Trader Joe’s Riced Cauliflower Stir Fry also costs just $3. It’s not spicy but personally, I didn’t find it as flavorful as the Trader Joe’s Spicy Mexican-Style Riced Cauliflower.
I haven’t actually tried this yet but Shirataki Konjac Rice is extremely low in calories. At only 5 calories per 140 grams and 3 – 3 = 0 digestable carbs, it’s completely carb (sugar) free!
I’ve tried a couple of diets and also just tried to count calories. But, it seems that the key to losing weight is more complicated than just a daily calorie deficit. After researching the Ketogenic diet, I have a feeling this particular diet may actually work, even though it calls for consuming more fat when the whole point of the diet is to lose fat. Here’s a summary of the Ketogenic diet.
Carbohydrates, proteins, and fats supply 90% of the dry weight of a diet and 100% of its energy. All three provide energy (measured in calories), but the amount of energy in 1 gram (1/28 ounce) differs. There are
Carbohydrates, proteins, and fats are digested in the intestine, where they are broken down into their basic units:
These nutrients also differ in how quickly they supply energy. Carbohydrates are the quickest, and fats are the slowest.
According to the American Heart Association (AHA), the body does not need any added sugar to function healthily. Therefore, the body doesn’t really need carbs since carbs just get converted into sugar.
Proteins consist of units called amino acids. There are 20 amino acids. The body synthesizes some of them from components within the body, but it cannot synthesize 9 of the amino acids—called essential amino acids. They must be consumed in the diet.
Fats are complex molecules composed of fatty acids and glycerol. When the body needs fatty acids, it can make (synthesize) certain ones. Others, called essential fatty acids, cannot be synthesized and must be consumed in the diet.
Your body gets energy first from sugar (carbohydrates are converted into sugar in the body) and only when the sugar energy has depleted will your body turn to getting energy from fat.
In order to lose weight (fat), your body needs to enter a metabolic state called “Ketosis”. When this happens, your body becomes incredibly efficient at burning fat for energy. It’s like it becomes a fat-burning machine. If you consume too many carbs (bread, pasta, rice, sugar, etc), your body will never enter Ketosis mode because your body will always get more than enough energy from carbs (sugar). It’s no wonder why sugar is the real health enemy and one of the main causes of health issues like diabetes.
The keto diet is a low carb, high fat diet. As such, your body will have very little energy from carbs (sugar) and quickly resort to getting energy by burning fat. Specifically, you should consume macronutrients with the following proportions:
Now, if you are bodybuilding and want to build muscle, you need more protein. So, a slight variation of the standard keto diet calls for the following proportions:
Protein should be moderate, as a very high intake can spike insulin levels and lower ketones. Around 35% of the total calorie intake of protein is probably the upper limit.
Generally, achieving Ketosis involves limiting carb consumption to around 20 to 50 grams per day and filling up on fats, such as those from meat, fish, eggs, nuts, and healthy oils.
Any food that’s high in carbs should be limited.
43 Healthy Low-Carb Foods That Taste Incredible
On Nutrition Facts food labels, the grams of dietary fiber are already included in the total carbohydrate count. But because fiber is a type of carbohydrate that your body can’t digest, it does not affect your blood sugar levels. You should subtract the grams of fiber from the total carbohydrate.
In the example nutrition label above, we see that the total carbohydrate count is 10 grams and the dietary fiber is 5 grams. Therefore, the net carbohydrate amount is 5 grams.
If you see a nutrition label that shows Erythritol under the Total Carbs section, you can subtract it from the total carbs. Unlike other sugar alcohols where half gets digested in the body, Erythritol does not get digested. Instead, it gets excreted through urine and feces like carbs from dietary fiber. There are 3 types of sugar substitutes that contain zero carbs and are safe to eat: Erythritol, Monk Fruit, Stevia.
Learn more about sugar substitutes
Looking at the nutrition label above, we see the number of fat, carbs and protein in grams. One serving of the food item contains 10 grams of carbs. But, 5 grams of those 10 grams can be ignored since they are dietary fiber which the body can’t digest and so it gets passed.
The nutrition label shows grams and % daily value, but it doesn’t show percentage for each of the 3 macronutrients. To determine that, we can perform these calculations.
| Macronutrient | Grams (A) | Calories per gram (B) | AxB (C) | C / (C1 + C2 + C3) x 100% | |
|---|---|---|---|---|---|
| 1 | fat | 3 | 9 | 27 | 27 / (27 + 20 + 8) x 100% = 49% |
| 2 | carbs | 5 (don’t include fiber carbs) | 4 | 20 | 20 / (27 + 20 + 8) x 100% = 36% |
| 3 | protein | 2 | 4 | 8 | 8 / (27 + 20 + 8) x 100% = 15% |
So, the food for the nutrition label above has the following macronutrient proportions:
If that food was the only thing you ate all day, then it would not satisfy the goal of the ketogenic diet.
If you are targeting 1500 calories per day for weight loss and a maximum of 5% from carbs, then 5% of 1500 is 75 calories. And since 1 gram of carbs is 4 calories, you can consume a maximum of 75/4 = 18.75 grams of non-fiber carbs. Hmm…. that’s very low. If your target is 10% of carbs per day, then you can consume a max of about 40 grams of non-fiber carbs per day. According to Healthline, consuming less than 50 grams of non-fiber carbs per day will get you into Ketosis.
If you want to know whether your body is in a state of Ketosis (burning fat), there are tests available. This is great because you can actually measure and know whether your body is currently burning fat or not. Technically, you could test yourself before you go to sleep at night. If you test positive for being in a state of Ketosis, then you would literally be burning fat while you sleep!
I like original Coke. But the calories and amount of sugar added to it are just outrageous. A single 12 fl oz (355 ml) can of coke contains 140 calories and 39 grams of added sugar. Following are some healthier alternatives.
With only 2 grams of added sugar compared to 39 for Coca-cola, this is definitely a good alternative. At 45 calories for 240 ml (68 calories for 355 ml), it is 72 calories less than the same serving of a can of coke. However, if you are on the Keto diet, this is not a good choice where you need to limit carbs, this is not a good choice.
At 30 calories per cup (240 ml), this is not a great alternative to soda, although the sweetened version (60 cal per cup with 7 grams of added sugar) does taste much better.
At 0 calories, unsweetened iced tea is probably the best substitute for plain water.
If you feel you need to make it sweet, you can try adding
Truvia is actually Erythritol, a sugar alcohol. Unlike other sugar alcohols, Erythritol is the only sugar alcohol which does not get digested by the body. Instead, it gets excreted in urine and feces. I consider it the ideal sweetener for drinks. It’s also ideal if you are on the Keto diet since it contains 0 carbs.
You can also cold brew green tea like pictured below.
Lemon-infused water actually makes plain, boring water taste pretty good.
At 70 calories per cup (240 ml), this has the same calories has Costco Kirkland coconut juice but with 0 added sugar.
This has zero calories. The sweet taste comes from zero-calorie sucralose.
Sweetened with erithrytol
Following are some ways once can finance the purchase of real estate.
Most people who buy real estate get a conventional loan and pay a mortgage for 30 years. They typically put a 20% down payment. Most banks, however, don’t want anything to do with a high-risk property that needs work. So to qualify for a conventional loan from a bank, a buyer / investor will first need to get the property up to a living standard.
Private lenders are simply individuals, not businesses, who are willing to loan you money, e.g. family and friends. Sometimes, parents may gift their kids the down payment required to purchase a property but behind the scenes, make an agreement so that the kids pay back the money over a period of time. This is necessary since banks / lenders most likely would not allow the borrower to have multiple loans. Borrowing money in this way is easy because it doesn’t involve credit checks, appraisals, underwriting, etc.
Hard money lenders are companies or funds that will loan you the money for a fee (interest). This process requires credit checks and includes underwriters who also determine the property’s value. Hard money lenders charge higher interest rates and the loans are for a much shorter period of time. The average is 6 months. Unlike private lenders, who often just trust that you’re making a good investment, hard money lenders will double check that your investment is reasonably sound since otherwise, they could lose money if you default.
House hacking is buying a property and renting a portion of it out to cover your expenses. You could be a 3 bedroom house and rent out 2 of the bedrooms. Or, you could buy a multifamily property (duplex, triplex, etc), and rent out the other units. In doing this, you significantly reduce your monthly expenses because you’ll have tenants paying for a big portion of your mortgage / loan.
If you already own a home and have equity in it, then you could borrow money against it.
HELOC stands for Home Equity Line of Credit. If you already own a home and have equity in it, then you could borrow money against it.
If you have a mortgage on your home, you can refinance the loan to replace it with another one. You typically do this if interest rates have dropped thereby lowering your monthly mortgage payments.
This is like a regular refinance except you also get cash from the equity in your home. You could then use that cash to pay for purchasing another property, for example. The maximum cash you can get is 80% of the value of the home.
To flip real estate means to buy a fixer upper, renovate it, then turn around and sell it for a profit. houses. Can be mobile homes, single family, multifamily, etc.
Residential real estate (including multi-family properties with 4 or less units) is often valued by square footage. One strategy to increase the value of a property is by enlarging it, e.g. by adding bedrooms. If you know how to do this cost effectively, e.g. if you know how to do some or all of it yourself, you can add value and sell the property for a profit. Of course, this will depend a lot on where you live. For example, if you live in the Bay Area where the cost per square foot is very high, adding an addition to an existing property could be worth it.
BRRRR stands for “buy, rehab, rent, refinance, repeat.” With this real estate investment lifecycle, you could
The key to the success of the BRRRR method is to
Let’s say that you find a property that is in disrepair. It’s been on the market for a while because no one wants to fix it up. You determine that the repairs are mostly or all cosmetic and not structural (e.g. foundation, etc). You estimate the value of the property after you repair it to be $500K based on nearby comparables, Zillow Zestimates, etc. You also estimate it would cost you $60K to fix it up. Therefore, based on the following equation
purchase price + rehab costs = 75% x ARV
you determine that you should purchase the property for no more than
purchase price = 75% x $500K – $60K = $327,500
The reason for targeting 75% of the ARV is to give you a buffer in case your rehab costs are higher than you estimated.
Assuming your borrowed money from a hard money lender to purchase the property at $327,500 and then you refinance it at $500K while cashing out 75% ($375,000), you could turn around pay off the hard money lender and even have some money left over ($47,500).
Following are some things that don’t typically add value for a rental
Following are some things that do typically add value for a rental
When purchasing properties using the BRRRR method, you normally can’t or don’t want to borrow money the traditional way (from a bank) because
“Subject-to” investing is purchasing a property subject to the existing mortgage that is already in place. Essentially, this is when an investor comes in and makes back payments for a homeowner who is behind on their payments, as opposed to the home falling into foreclosure. The original owner then deeds the property to the investor and moves out — often to downsize into a more affordable living space — while leaving the loan in place and the property under the investor’s ownership. It’s an investing strategy ideal for investors low on capital. Buyers in this situation aren’t formally assuming the loan. The terms of the original note stay the same, including the name in which the loan was purchased. And the buyer takes on the responsibility of making sure the mortgage is paid on time until it’s renovated and resell the property.
Section 8 is a housing voucher program. It is the federal government’s major program for assisting very low-income families, the elderly, and the disabled to afford decent, safe, and sanitary housing in the private market.
Many landlords don’t like to offer Section 8 housing – possibly because renters who get Section 8 support may be less desirable. However, there are advantages to accepting Section 8 renters like
Many landlords get below-market rents for one reason or another. With Section 8, governments will pay rent for eligible tenants up to a certain amount based on zip code and number of bedrooms. The rent amount is called the Fair Market Rent (FMR). For example, one of my rentals in Stockton, California (San Joaquin County) is a triplex consisting of two 2-bedroom units and one 3-bedroom unit. It’s zip code is 95209. According to the table below, I could get
When I purchased the property, I inherited the tenants who were paying $1200 / month for a 2-bedroom unit and $1250 / month for the 3-bedroom unit. If the tenants leave, I could increase the rents to the FMR and accept Section 8 in case non-Section 8 renters are willing to pay the FMR. My total monthly rental income would increase from $3650 to $4820. That’s an increase of $1170 per month.
For my 3-bedroom rental in Hayward, California (Alameda County) / zip code 94541), the FMR is $3006 per month.
As you can see in the FMR charts above, homes with more bedrooms are more valuable as you can charge more rent. Some ways to add bedrooms is by
Let’s say you have a 1200+ sq ft house but it only has 2 bedrooms. Normally, you can easily fit 3 bedrooms in a 1200 sq ft house. The minimum area for a bedroom should be 120 sq ft. The average bedroom size is 132 sq ft. If you happen to have a super large bedroom, e.g. 250 sq ft, you can add a wall in between and turn a huge bedroom into two bedrooms.
When deciding where to invest in a rental property, you often want to look at many factors such as population growth, income growth, appreciation of housing prices, and crime rates. You can find this information from City-Data.
For job growth, you can visit the Department of Numbers. For example, here’s the job growth data for Stockton, CA.
Site-built homes are homes built on site. Most houses are site built. Manufactured homes are built in a factory and assembled on site. Manufactured homes are cheaper than site-built homes with excluding the cost of land. According to this article, the average cost per square foot for a manufactured home is $52 vs $115 for a site-built home. That a big difference.
If you buy a manufactured home and lease the land it’s on, you won’t be able to get a conventional loan / mortgage. Rather, you’d get a chattel loan which is like a loan for personal property (e.g. boat, airplane, etc) since the manufactured home is like personal property. If you buy a manufactured home and the land it is on, you can get a traditional loan / mortgage which offers better rates.
Depending on the cost of land, if might be cheaper to buy land and then buy a bunch of manufactured homes to put on it and then rent them all out rather than build a bunch of homes or a multi-family building on site.
When you rent out your property, you have two options
Though long term rentals provide consistent long term cash flow, you can usually more more money from short term rentals, especially if you have a desirable property in a heavy tourist spot. For example, if you have a 3 bedroom home in downtown San Francisco (94103 zip code), the fair market rent is $4,120 per month. But, if you rent it out on a daily basis via AirBnB for $250 per night, you could get $250 x 30 = $7500 for one month. Of course, there are many other factors so you would need to consider all costs and expenses as well.
Shower floors easily get dirty with soap scum and dirt and sometimes mold. Cleaning showers floors like those made of tile can be difficult and tiring. Many people may think they have no choice but to manually scrub the floor. Fortunately, there’s an easier, effortless way using power tools.
In the picture below, you can see I have the corded polisher with a 7″ stiff bristle brush attachment.
There are 2 set screws you use to help secure the brush attachment to the polisher.
At 7 inches in diameter, the brush is large, which is fine for my custom walk-in shower.
I haven’t tested it out yet but I’m sure it’ll work. Previously, I hacked a brush onto an angle grinder which worked but the available brushes were too soft.
If you need to clean walls, this tool would be difficult to use. Since most of the dirt is on the floor, you can just use Clorox Disinfectant wipes for walls.
