CNN Money’s Five Dumbest Renovation Trends

What are the five dumbest renovation trends and how can you correct them?

We did a very popular post on this a few weeks ago, so we’re updating the latest from CNN Money.

House of MoneyWhat are the five dumbest renovation trends and how can you correct them?

 

We did a  very popular post on this a few weeks ago, so we’re updating the latest from CNN Money.

 

I think there are several interesting points here for [tag-tec]rehabbing[/tag-tec] and remodeling. 

 

One is that bigger, and in some cases gigantic, is not necessarily better.  The trends also seem to be steering away from too much lighting.  People are getting away from high noon  ceiling  fixtures.

 

But I think it all comes down to common sense.  What is really  livable?  Can a family be comfortable in that [tag-self]house[/tag-self]?  

 

Could these five problems be some of the reasons  some high end [tag-ice]houses[/tag-ice] are staying on the market longer?  It’s an interesting thought, because according to reports the high end market should be doing okay this summer.

 

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Hawaiian Waterfront Property for only $39.95?

This just in from Hawaii.

You can buy future waterfront [tag-ice]property[/tag-ice] for only $39.95.

FlipperThis just in from Hawaii.

 

How about this  for getting in on a lucrative [tag-tec]real estate deal[/tag-tec] early?

 

You can buy future waterfront [tag-ice]property[/tag-ice] for only $39.95.

 

Yep, you read that right.

 

It’s part of the Lo’ihi Volcano and it’s currently  3,000 feet below sea level but in 10,000 years it is expected to emerge as new pristine [tag-self]real estate[/tag-self].

 

Does it kind of  remind us of those old Florida  swampland deals from the 1920’s, maybe, just a little bit?

 

How do they get by with it?

 

It’s a parody.  Okay… 

 

So that means as long as they come right out and say that they can still collect the $39.95, right?    

 

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John Rich’s New Dream Home Stirs Up Zoning War in Nashville

The controversy concerning country music star [tag-tec]John Rich[/tag-tec]’s new very tall home continues.

But there’s more to this seemingly innocent controversy than meets the eye.

Big Dog, Little Dog

The controversy concerning  country music star [tag-tec]John Rich[/tag-tec]’s new very tall home continues. 

 

Seems Metro is responding with an ordinance limiting house height primarily because of this case. 

 

But there’s more to this seemingly innocent controversy than meets the eye.

 

Continue reading “John Rich’s New Dream Home Stirs Up Zoning War in Nashville”

It’s Got Everything But a Decent Kitchen Sink at $40 Million

Here’s more on those astronomically expensive [tag-tec]apartments[/tag-tec] in New York.

Curbed is reported an interesting and seemingly stupid mistake on a $40 million [tag-ice]penthouse[/tag-ice] that the most inexperienced investor would know to avoid.

Faucet of MoneyHere’s more on those astronomically expensive [tag-tec]apartments[/tag-tec] in New York.

 

Curbed is reporting an interesting and seemingly stupid mistake on a $40 million  [tag-ice]penthouse[/tag-ice] that the most inexperienced investor would know to avoid.

 

Small cramped kitchen.

 

And this is an [tag-self]apartment[/tag-self] which is considered a terrific deal  renting out for $25,000- per month.

 

Okay, maybe I’m getting older or it’s Monday morning, but a nice kitchen looks like a must to me.  I’ve seen better kitchens in starter homes in the “Child World” sections of Brentwood, TN.  

 

Also check out the apartment’s interesting past history.  If you think you’ve had trouble collecting the rent…

 

As always, the best part about these articles are the readers’ comments.   They give a lot of insider information on how the real estate market thinks in New York

 

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Warning: Lawmakers’ Property Tax Cuts Can Cost You More Later

Here’s a subject that’s near and dear to me; property taxes.

As we do battle in Tennessee our neighbors in New Jersey are also struggling with the same tax issues.

When will our lawmakers realize this cookie jar will soon be empty if taxes continue to rise at very high rates?

Bags of Money

Here’s a subject that’s near and dear to me; [tag-tec]property taxes[/tag-tec].

 

As we do battle in Tennessee our neighbors in New Jersey are also struggling with the same  tax issues. 

 

When will our lawmakers realize this cookie jar will  soon be  empty if taxes continue to rise at very high rates?

 

This article from The Wall Street Journal written by Terri Cullen illustrates one family’s  [tag-self]property tax[/tag-self] problem.  Multiply that frustration for real estate investors. 

 

The article is a very good summary of  tax assessment and how the incorrect assessment can scare off potential [tag-ice]homebuyers[/tag-ice]. 

 

This is a major point many homeowners and investors miss.  Make sure the assessment is fair and the information is right.  If not, you’ll be paying much more in taxes than you actually owe.

 

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