Thursday, November 23, 2017

Top Tips For Investing In Your First Rental Property

11/23/2017 11:53:00 PM 0 Comments

Considering how wealthy real estate can potentially make you, and the fact that it’s usually referred to as “passive income”, it’s no surprise that people consider it as a way to make their money. Unfortunately, like most investments, real estate is a tricky and dangerous game. If you’re not careful, you could end up losing all the money that you’ve invested. You also need to be incredibly hands-on and work hard with real estate, which is something that isn’t common with other investments. If you’re not already put off then be sure to read the tips below before you decide if real estate is for you.

1. Do Your Research
The last thing that you want to do is jump into real estate with your eyes closed. Forewarned is forearmed, so you should gather as much information on real estate investment that you possibly can. Look online, read forums and articles, speak to real estate agents, mortgage brokers, and other investors. You can also check out books on real estate investment, as well as the rest of the tips below.

2. Be Sure You’re Handy
There is absolutely nothing “passive” about owning a rental property, in fact, you need to be incredibly hands-on and work incredibly hard. If you don’t know your way around a hammer or a toilet plunger, then you’re going to struggle to be a landlord. You’re going to be the person to call when your tenants have a leaking tap, a stuck door, or a crack in their plaster, so it’s important that you know how to deal with these issues. Of course, you could pay someone to do this for you, but this will quickly get expensive.

3. Pay Your Debts
If you already have debts, like unpaid medical bills or student loans, then you should consider paying these off before you purchase a rental property and put yourself in even more debt. The same goes for if you’re going to have to pay out for anything large in the near future, like Christmas, a holiday, or sending one of your children to college. It’s much better to get these expenses out of the way before you even consider purchasing a property. If you need advice on how to pay off your debts, then visit

4. Have The Cash
Even if you haven’t got any current debts or large expenses in the near future, it doesn’t mean that your financial problems are over. You also need to find the money for a down payment, repairs, maintenance, and your living expenses. You can’t start a real estate empire with no money, it simply isn’t possible, so you need to consider if you are financially stable enough to purchase a rental property. You must also remember that the down payments on rental properties are usually much larger than of owner-occupied properties.

5. Increase Your Credit Score
Your credit score is going to determine whether or not you get accepted for a mortgage, so it’s important that it’s in good shape. If you don’t have a great credit score, you will need to find ways to improve it before you can even think about buying a property. A great way to start is to pay off any of those debts that I mentioned earlier. Make sure that you are actually paying this off, rather than using other loans or credit cards to pay it off. This is just moving your debt around, which won’t do you credit score any favours.

6. Start Low-Cost
If you’re new to real estate investment, then it makes sense for you to start small and work your way up to larger and more expensive properties. Find yourself a relatively low-cost property to start off with (no more than $150,000 to $200,000), and once you’ve got a tenant, and have wrapped your head around what you’re doing, you can work up to larger properties.

7. Avoid Fixer-Uppers
Fixer-uppers tend to be a lot cheaper than other properties of a similar size and in a similar area, which might make you think that they’re a better option, as they’re the cheaper option. However, this is a bad idea for your first rental property. If you don’t know what to look out for, you will likely end up having to spend a lot more money on repairs and renovations than you saved on the property in the first place.

8. Choose The Right Location
Your location should depend on the type of tenant that you are hoping to attract. For example, if you were looking to rent to students at a university, then the property should be relatively close to the university. You will also want it to be close to public transport, and plenty of nightlife. On the other hand, if you were looking to rent to a family, you would want a property with a school nearby, and in an area with low crime-rates.

9. Use A Property Management Company
Even the most experienced property owners sometimes struggle to get everything done by themselves, after all, there is a lot that goes into owning a rental property. You need to look through potential tenants and choose one, prepare the house for them, do any repairs, collect rent, and even evict tenants. Property management companies, like, can help you with all of this and can do as much or as little work as you want them to. They will also ensure that you’re not breaking any laws, which is a risk when you’re new to renting property.

There is a lot that goes into owning a rental property, and a lot that you need to consider before you even start looking for a place to buy. You need to be one hundred percent sure that real estate is right for you before making any big decisions, otherwise, you could risk losing a lot of money. Consider your financial stability and your personal circumstances; If you haven’t got enough cash coming in, or haven't got enough time, then real estate may not be for you.

Join Friend Code Program today!

11/23/2017 10:46:00 PM 0 Comments

Start earning extra cash by simply referring to your friends., the ultimate leisure provider for travelers in the Philippines, offers an easy way for you to earn up to 65% referral fees from your friends’ hotel and tour bookings! Their recently-launched Friend Code Program, formerly known as the Affiliate Program has expanded and made even better as it now becomes open not just for bloggers and Facebook page owners, but for everyone!

Earn extra cash through your referrals
A lot of people can benefit from the Friend Code Program. Bloggers and social media mavens can now monetize their passion and social media presence by just sharing their friend code on their media platform. Meanwhile, college students and employees can also benefit in this program by encouraging their friends and colleagues to book via and input their Friend Code upon check out. Travel Agents can also maximize their earnings by using in booking their customer’s accommodations and tours and using their Friend Code for every transaction for cash back.

Free Registration
Signing up is easy! You can get your Friend Code in just one minute! Just visit, click sign up, fill up and submit the online application form. You’ll, then, be redirected to the Friend Code Dashboard to access your account.

Highest Referral Fees
When you become a Friend Code partner, you can earn referral fees of up to 65%—the highest referral fee among all the affiliate programs in the e-commerce industry.

High Earning Potential
At Friend Code program, every booking counts as a legible way to earn referral fees! Every Friend Code Partner can now earn referral fees not just with hotel bookings but also with successful bookings for activities and tour plans.

Lowest Withdrawal Amount Requirement pays you for every successful referred transaction. Once you reach the minimum amount of PHP 500, you can already withdraw your earnings through bank transfer or cheque payment.

Secure and Immediate Cashout
All transactions are tracked. In just seven (7) short days, you’ll be able to get and enjoy your instant referral fees!

Sign Up, Share, and Earn
Start your Friend Code journey by following these easy steps:

1. Sign up as a Friend Code partner.

Register a valid e-mail address at Once you’ve been approved as a Friend Code partner, you’ll get your unique 4-digit Friend Code.

As a bonus promo, all successful sign ups from November 22 to December 13, 2017, will automatically receive P200 on their account. All legible accounts for this promo will receive their P200 after one (1) working day.

2. Share your 4-digit code with your friends.

Ask your friends to enter your Friend Code in the payment section every time they book their hotel and tour reservations at There are tutorial videos available in your Friend Code Dashboard to help you effectively promote your code.

3. Get cashback on your own bookings.

You may also use your Friend Code when booking your own tour, activities and hotel accommodations. Just enter your Friend Code in the payment section before completing the booking process.

4. Earn extra cash.

The more you promote, the more you earn. With over 3,300 hotels and 1200 tour services nationwide listed at, you’ll never run out of leisure opportunities to advertise! encourages you to earn more and travel more! Be a Friend Code Partner today and earn extra cash. To know more about the Friend Code Program, please visit and sign up now!

Wednesday, November 22, 2017

Join | YochiYochi 3-in-1 Safety Harness Giveaway! 5 Winners - $135 TRV!

11/22/2017 10:54:00 PM 0 Comments

Sponsored By: Lucky Baby World

Hosted By: Love, Mrs. Mommy

5 WINNERS will receive: 

A YochiYochi 3-in-1 Safety Harness! Can be used as a walking harness, portable high chair, and cart safety strap. $135 TRV Giveaway!

Open to US entrants only and must be 18+ to enter.
Giveaway Dates ~ 11/22 9:00AM EST through 12/13 11:59PM EST

Good luck everyone!

Disclosure: Love, Mrs. Mommy and all participating bloggers are not held responsible for sponsors who do not fulfill their prize obligations. This giveaway is in no way endorsed or sponsored by Facebook or any other social media site. The winners will be randomly drawn by Giveaway Tools and will be notified by email. Winners have 48 hours to reply before a replacement winner will be drawn. If you would like to participate in an event like this please contact LoveMrsMommy (at) gmail (dot) com.

Tuesday, November 21, 2017

Does The EIN Application Process Differ For Each Entity?

11/21/2017 09:05:00 AM 0 Comments

Related image

The employer identification number (EIN) has many uses.  Whereas the IRS identifies individual people by social security numbers, it identifies every other type of legal entity by an EIN.  Thus, the EIN can be a trust Tax ID or a Tax ID for a business, nonprofit organization, or church.  No matter what type of entity you choose, though, the EIN application process is the same.
How the EIN Application Process Works
All you have to do to get an EIN is fill out an application form.  You can find the application forms online, such as on the IRS-EIN website.  When you submit the form online, IRS-EIN will send you a confirmation by email.  The email confirmation will contain your EIN.  Therefore, you can then open a bank account for your business or apply for business insurance, filling out forms that require you to enter your EIN.  Your official confirmation from the IRS will arrive by mail within a month of when you submit the email confirmation.
Choosing Your Entity Type
The application form to get an EIN is quite short, but one question asks you to specify your entity type.  The IRS-EIN website contains brief descriptions of each type of entity.  Some of them are very straightforward.  If you are establishing a church or if you are the executor of an estate, you will know it immediately.  When it comes to business entity types, there is a little bit more flexibility.  Consult with a corporate lawyer if you are opening a business and you want to know which entity type will make it the easiest for your business to operate.
The types of entities that use EINs to file taxes are very diverse.  All of them can apply for their EINs through the same simple process.

Monday, November 20, 2017

Struggling To Get Your Children To Sleep?

11/20/2017 10:26:00 PM 0 Comments

Getting your children to sleep can sometimes be surprisingly difficult to do. Often, there is an underlying issue which needs to be addressed, but sometimes it’s just one of those things. Either way, there is always a way to make sure that you can get your children off to sleep more easily. The truth is that there are a few essential factors which you need to consider in order to be sure that your children can sleep more easily. As long as you have considered the following, you should find that it is much easier for them to sleep. Let’s take a look at what those aspects are now.

The Bed

For a start, it is always going to be much more difficult to get your children to sleep if their bed is not as comfortable as it could be. If everyone in your family is complaining about a lack of sleep, you might want to look into replacing all of the beds at your earliest convenience. With some new Dreamworks beds you should find that everyone gets off to sleep much more easily. You’ll also want to look into the bedding, of course, and make sure that the temperature of the rooms are adequate for sleep. All of this affects the likelihood and possibility of sleep hugely, so you need to pay attention to every such aspect without missing anything out.

Screen Use

If your children tend to use screens a lot, that could be interfering with their sleep more than you know. The use of screens inhibits the production of melanin. This is the chemical the body clock uses to know that it is time to go to sleep when the sun goes down, so if it is being inhibited it will often mean that your children are not sleeping very well, if at all. Cut out screen time for a couple of hours before bed at least, and ideally also during the day. If you do this, you will find it really does make a difference to how well everyone sleeps. It also has other distinct benefits, such as improving the mood of your children, so there is much to be gained from this simple act.


The problem might be however that your children are not getting enough exercise. They need to have some kind of exercise in the afternoon or evening if they are to sleep properly, so try your hardest to make sure that this happens. The best way to do this is often to simply allow them outside to play for a few hours. If you prefer, you can engage in some kind of play together instead. However, you do it, ensuring they get some exercise is always going to be a great way to improve their sleep, so don’t overlook this essential.

It can be frustrating when your children won’t get to sleep, but with the above-taken care of you should find they sleep much more soundly and readily.