Pyxida-Saving-Investing-Innovating-Real Estate

Charming Two-Bedroom Ground Floor Home for Rent in Scenic Palechori, Nicosia District for €475 monthly - WhatsApp 00357 97519940

Nestled in the picturesque village of Palechori, this delightful two-bedroom ground floor residence offers a perfect blend of comfort and natural beauty. Ideally positioned just 35 minutes from Nicosia and 45 minutes from Limassol, it provides easy access to city life while enjoying the serenity of a traditional Cypriot setting.

Spanning 70 sq.m of covered space, the home features a generous veranda—ideal for al fresco dining or relaxing with views of the lush garden and surrounding landscape. Inside, a welcoming open-plan layout seamlessly connects the living area with a fully equipped kitchen and dining space, creating a warm and functional interior.

Both bedrooms are fitted with air-conditioning units to ensure year-round comfort, and a stylish, modern shower room completes the home’s layout. The property comes fully furnished and includes all essential electrical appliances, making your move-in seamless and stress-free.

With unobstructed views of Palechori village and the majestic mountains beyond, this home is more than just a rental—it’s a peaceful retreat in a breathtaking setting, complete with a refreshing summer climate. €475 monthly - WhatsApp 00357 97519940

7 months ago (edited) | [YT] | 1

Pyxida-Saving-Investing-Innovating-Real Estate

Why Have House Prices Increased in January 2025?
https://youtu.be/fBbLzSqf9vU
While the Bank of England’s Base Rate and mortgage rates are expected to decrease more gradually than initially anticipated, they are still predicted to decline throughout 2025. This reduction could enhance affordability for individuals looking to move this year. Overall market activity appears more promising compared to the slower market at the same time last year. This sets the stage for a potentially stronger 2025, both in terms of house prices and the number of properties sold, especially if mortgage rates decrease enough to make housing more affordable for a larger portion of the market. With the festive season behind us and life returning to normal, many people are beginning to think about what a move in 2025 might look like for them. Our first House Price Index of the year shows a 1.7% rise in the national average house price, now at £366,000.
Since our busiest-ever Boxing Day in terms of traffic and new listings, we’ve seen 11% more sellers entering the market compared to this time last year. This means that buyers starting their home search now will have the most options available at the beginning of the year, since 2015. Buyer interest is up, with a 9% annual increase in the number of buyers contacting agents about properties, and the number of agreed sales is up by 11% over the same period. What happened to House Prices This Month? The jump in house prices at the start of 2025 is the largest we’ve seen since 2020, and we’ve also recorded the busiest start to the year for Mortgage in Principle applications. This suggests that many people are considering what they might be able to afford when applying for a mortgage in the new year. The increase in available properties has led to more inquiries and sales, but it also means there’s greater competition among sellers trying to find buyers.
Some sellers might have overestimated their asking prices and may need to adjust them later. It’s also important to note that the average asking price is still below the peak seen in May 2024, which reflects ongoing affordability challenges for buyers. While the year has begun with significant activity, uncertainties still loom, including potential interest rate changes and the effect of increased stamp duty for many homebuyers starting April first. The broader market picture remains key. Many buyers are still facing affordability pressures due to high mortgage rates, which limit borrowing capacity. First-time buyers, in particular, are grappling with reduced support schemes and higher stamp duty costs, all while dealing with record rents and saving for a deposit. While the start of 2025 looks promising, continued momentum will require action, including early and consistent Bank Rate cuts, which could help lower mortgage rates.
Additional support for first-time buyers, especially in higher-cost areas, would also be beneficial. What’s Next? Looking ahead, we expect 2025 to remain a buyer’s market, with more homes available and longer times to secure a buyer. As the year progresses, attention will be focused on the impact of the stamp duty deadline and future decisions by the Bank of England on interest rates. Despite news of high government borrowing costs, better-than-expected inflation figures have shifted the mood, with the market still anticipating a rate cut in February. However, after that, uncertainty remains. The outlook for interest rates will likely become clearer as the year unfolds. If more people decide to move in 2025, combined with lower mortgage rates, house prices could increase by 4% over the course of the year.
https://youtu.be/fBbLzSqf9vU

Skip the Carousel

1 2

1 year ago (edited) | [YT] | 2

Pyxida-Saving-Investing-Innovating-Real Estate

Learn REAL ESTATE Vocabulary -15 Essential Words and 50 more Complicate Words
Boost your real estate knowledge and sound like a pro with these 15 essential vocabulary words! Whether you're a seasoned agent or just starting out, mastering real estate terminology is crucial for success. In this video, we'll cover the most important words and phrases you need to know to navigate the industry with confidence. From appraisals to zoning, we've got you covered. Watch until the end to become a real estate vocabulary expert and take your business to the next level!
At first glance, English for real estate agents may appear straightforward. However, at Break into English, we understand that there’s a deeper layer of complex terminology involved. To help you smoothly transition into the realm of real estate, I have compiled the following 15 basic vocabulary words.
Consider watching some online videos to listen to various conversations involving English for real estate agents. Real estate agents are skilled at using language to make even the smallest, less appealing spaces sound attractive to potential buyers. However, it’s essential for agents to be familiar with specific terminology in English. It’s important to use this vocabulary correctly and avoid any misunderstandings.
Please like share and Subscribe and leave comments about which

1 year ago | [YT] | 4

Pyxida-Saving-Investing-Innovating-Real Estate

Houusing affordability in the UK | A pressing issue, both for renting and buying. 
https://youtu.be/UM2wKFZzWvQ
Housing affordability is a critical issue that affects many aspects of the economy and society. When workers struggle to afford housing, it can limit their ability to move for better job opportunities, impacting labor mobility and economic growth.
This, in turn, influences home building trends and the overall housing market. Affordability of housing to both rent and buy is important and timely as the ability of workers to access housing is shaping macro trends in the housing market with implications for home building, labour mobility and economic growth.
Access to housing and affordability is important for consumers making moving decisions. Moving home is often associated with positive themes such as trading-up to a larger home or moving to a better area.
However, the reality is that for a growing number of households it’s becoming more a question of what housing can be afforded and then considering compromises on location, size of home and accessibility to work.
This video highlights how single earner households and those on low incomes face much greater affordability challenges where the safety net of low cost rented homes is also inaccessible to cater for those in need.
The options to improve affordability are often limited due to the underlying structure of supply and limited choice of smaller sized homes to buy.
Recent studies highlight that a significant portion of workers are unable to afford homeownership. For instance, in Great Britain, about 40% of full-time workers cannot afford to buy an average-priced home. Renting is somewhat more accessible, but still, 27% of workers find it unaffordable. This situation is not unique to the UK; similar trends are observed in other countries, including the US, where housing affordability has become a major public concern
Access to home ownership is most constrained in southern England and London where over half of workers can’t afford to buy an average priced 2 or 3 bed home.
Buying smaller homes or using a larger deposit are options to improve buying power and boost affordability but these may not be an option for many households.
The introduction of stricter mortgage regulations in 2015 was aimed at preventing a housing bubble by limiting excessive borrowing. While this has helped maintain financial stability, it has also made it more challenging for many households to access homeownership, especially in high-demand areas like southern England.
The minimal gains from buying smaller homes underscore the importance of equity. Without sufficient equity, many potential buyers find it difficult to enter the housing market, even with smaller, more affordable properties. This situation highlights the need for policies that can balance financial stability with accessibility to housing.

Potential solutions could include:
• Increasing affordable housing supply: Building more affordable homes can help meet demand and reduce prices.
• Shared ownership schemes: These allow buyers to purchase a portion of a property and pay rent on the remaining share, making homeownership more accessible.
• Government subsidies or grants: Providing financial assistance to first-time buyers can help bridge the equity gap.

Renting affordable to more workers than buying
That’s a significant increase in rents over a relatively short period. Despite this, it’s interesting to note that renting remains more accessible for many workers compared to buying a home. This trend can be attributed to several factors:
Upfront Costs: Renting typically requires a smaller initial financial outlay compared to buying, which involves a substantial down payment and closing costs.
Flexibility: Renting offers more flexibility, allowing workers to relocate more easily for job opportunities without the long-term commitment of a mortgage.
Credit Requirements: The credit requirements for renting are generally less stringent than those for obtaining a mortgage, making it easier for more people to qualify.
However, the rising cost of rent can still place a significant financial burden on workers, potentially limiting their ability to save for a future home purchase.
Just over a quarter of workers are unable to afford renting across Britain. However, in London the picture is much worse with two thirds unable to afford rental costs.

Better access to renting is, in part, down to the greater availability of smaller sized homes in the private rented sector. However, workers on the lowest 20% of earnings face major rental affordability challenges across Britain.
The lack of growth in the stock of social housing for 30 years, and the stalling of growth in private rented housing since 2016 has compounded the pressure on low income households which has driven demand for temporary accommodation.
The regional disparities in housing affordability are indeed stark and concerning. The north-south divide has long been a feature of the UK housing market, but as you pointed out, affordability issues are now spreading to regional cities outside southern England due to rising job growth and incomes pushing up house prices and rents.
The statistics highlight the severity of the issue:
York: 61% of workers unable to buy.
Trafford: 57% unable to buy.
Leicester: 46% unable to buy.
Edinburgh: 45% unable to buy.
For renting, the situation is also challenging:
Manchester: 56% of workers unable to afford a 2/3 bed home.
Edinburgh: 48% unable to afford rent.
Nottingham: 38% unable to afford rent.
Salford: 36% unable to afford rent.
Glasgow: 35% unable to afford rent.
These figures underscore the need for targeted policies to address housing affordability across different regions. Potential measures could include:
Increased investment in affordable housing: Ensuring that new developments include a significant proportion of affordable homes.
Rent controls: Implementing measures to cap rent increases and protect tenants from excessive rent hikes.
Support for first-time buyers: Offering schemes such as Help to Buy or shared ownership to make it easier for people to get onto the property ladder.
Areas to start truckling affordability.

Britain has a varied pattern of housing affordability with clear differences between buying and renting across the country. There is a link between tenures where pressures in one tenure can have impacts on another. This is most obvious in the rental market where the growing inaccessibility of home ownership increases the demand for renting.
There are no easy solutions for policy makers - the top 3 areas for focus identified in the report are as follows:
1. Build more smaller sized 1 and 2 bed homes for home purchase
2. Build more rented homes - social and private rented housing
3. Government to support creation of a market for long term fixed rate
Addressing housing affordability requires targeting supply into the market pinch-points of the market and taking a cross-tenure view. Urgent attention is needed on the mortgage market and the extent to which lenders can support access to housing to a wider range of consumers.
While the narrative on building more homes is welcome, it’s important to shift the discussion to the types and tenures of homes needed to support economic growth and boost access to housing for people on all incomes.
The home building model in the UK is changing and we will not deliver the homes the country needs without a clearer understanding and appreciation of who will buy them and what they can afford to pay. This applies to both consumer homeowners and corporate investors buying homes for rent.
A reset in thinking is needed in policy circles on the new homes business model and the levers to support increased home building across Britain.
Please like and subscribe and share your opinions in the comments and watch the related video on housing or economic issues in the same play list.
https://youtu.be/UM2wKFZzWvQ

Skip the Carousel

1 2 3

1 year ago (edited) | [YT] | 5

Pyxida-Saving-Investing-Innovating-Real Estate

UK Residential property Analysis 2024 to 2025.
https://youtu.be/--AxEtL_VTA
Residential property prices have seen a modest increase of just 1% over the past year, a notable improvement from a decline of 0.9% the previous year. This slow growth is largely due to an abundance of homes for sale and ongoing affordability pressures, which continue to limit buying power. Despite these challenges, the overall value of residential properties in the sales pipeline has reached a four-year high, rising 30% year-on-year to £110 billion. Encouragingly, first-time buyers are expected to become the largest buyer group, making up 35% of sales in 2024. Throughout the year, there has been a positive transformation in the market, reflected in a resilient trend of house price growth. Both affordability and overall confidence in the sector have improved, suggesting a more optimistic outlook as we head into the new year.
This month’s modest price growth reflects a significant increase in buyer options, the highest since 2014. With buyers in a strong position and a wide selection available, sellers must price their properties competitively to attract interest, especially given ongoing affordability challenges. Some sellers seem to be adjusting their expectations, which is contributing to limited price increases and better affordability for buyers. As a result, the number of sales being agreed is notably higher compared to the quieter market of last year.
While overall activity remains steady, some estate agents report that certain buyers are postponing their decisions, waiting for clarity from the upcoming Budget and hoping for lower mortgage rates later in the year. Nevertheless, many movers appear to be proceeding with their plans regardless.
Given the UK government's ambitious goal to drive growth after a turbulent period, there's hope that this week's Autumn Budget will serve as a catalyst for improving housing supply. Propertymark has consistently advocated for Stamp Duty reform, particularly to support those looking to downsize. This change could encourage more movement in the housing market, helping to alleviate some of the supply issues and enhance overall market activity. By making it easier for individuals to make these transitions, we could see a more dynamic property landscape. I hope to see further progression on potentially cutting interest rates as this will continue to improve the overall health of the economy.
The housing market is experiencing significant variation across districts and price bands. In some areas volume has grown by over 50% but on average year-on-year growth has reached approximately 30%, largely driven by lower interest rates, which have spurred a resurgence of first-time buyers.
Furthermore, many sellers, who had transitioned to rental accommodation during the period of higher interest rates, are now re-entering the market, often mortgage-free or with substantial deposits. Buy-to-let activity has notably declined as smaller or accidental landlords exit the market, influenced by less favourable financial conditions and increasing regulation. Consequently, much of the new housing stock now comprises former rental properties. Additionally, transaction completions have risen in the last couple of months, particularly within the investment property sector, as sellers seek to conclude deals ahead of potential changes anticipated in the upcoming budget. The latest snapshot of sales activity shows that the number of sales being agreed is now 29% ahead of the same period last year. Therefore, sales activity has not only bounced back from the low of last year but has continued an upward trajectory.
There is also a healthy level of underlying buyer demand as people continue to plan their next move. The number of people contacting agents about homes for sale is up by 17% compared with this time last year. With mortgage rates having fallen in recent months and more bank rate cuts likely to come we believe that property transactions will continue to rise in the near-term. Given that there are plenty of motivated sellers ready to list, I sense that the market will enjoy a strong start to 2025, as stock continues to grow and mortgage rates potentially ease further.
The property market has been extremely active this year and we currently have 17% more properties under offer than in 2020. Pent-up demand, improved mortgage deals and people’s desire to find a property ahead of the Autumn Budget have been key motivators for house hunters to finalise their search. The number of sales being agreed is up by 29% year-on-year, a strong rebound from the weaker market a year ago
However, despite this strong housing market activity, the number of new properties coming to the market, and the time they are taking to sell are both increasing, resulting in an increase in available homes for sale. This reflects that some aspiring buyers are still priced out of the market . The number of available homes for sale is 12% higher than at this time last year, but also the average number of homes for sale per estate agent branch is at its highest since 2014. Competition for buyers is particularly intense at the top-end of the market, where the number of four-bedroom detached houses and five-bedroom-plus homes available for sale is 17% ahead of last year. It’s a buyer’s market, reinforcing the need for sellers to price competitively while affordability is stretched and choice is high. After a long run of mortgage rate drops helped by the August Bank Rate cut, rate falls are stalling for the moment against a backdrop of geopolitical tension. The average 5-year
Activity has been strong; I’ve seen a surge of new instructions in September and is one of our busiest months for new sellers in the last decade. We’ve also seen a good jump in new potential buyers, as well as agreed sales in the area, so it’s been busy. The Bank Rate cut and lower mortgage rates definitely played their part in helping more people to come to market. There’s always some uncertainty surrounding the Budget, but we’re not seeing any buyer hesitation due to it. Despite some mortgage interest rates trickling upwards, the changes are small and not of major concern right now. It’s great to hear that this has been one of your best years for transactions in 18 years! While the level of activity has been impressive, it’s clear that muted price growth may be influenced by the new normal of higher interest rates and the sharp increase in values seen post-pandemic, which will take time to stabilize.
As we approach the new year, a pre-election pause was anticipated, but the expected delay due to the new government’s first budget adds another layer of uncertainty. Nonetheless, there’s hope for a strong finish to the year once this pause is lifted, as the market could regain momentum. Mortgage approval levels have been strengthening for much of this year and we’re now seeing this increase in buyer demand start to filter through to actual sales, with monthly transactions being the strongest since 2022.
This improving market momentum has also helped to tempt many sellers back into the market who had previously put their plans to move on pause. Of course, there will always be a segment of both buyers and sellers who will sit tight in the hopes of some form of property market boost via the upcoming Autumn Budget. However, we’re not seeing this at ground level so much, largely due to the fact that very little has been leaked with regard to the sales sector.
The big picture still looks positive for the market heading into the coming year. Market activity remains strong, despite affordability pressures on movers. Affordability is still the biggest barrier facing many movers, with mortgage rates still high, so if the expected two cuts come to fruition it could be the boost that many buyers-in-waiting need. Despite ongoing affordability challenges, there are encouraging signs for 2025. Financial markets are forecasting two Bank Rate cuts by the end of the year, which could lead to further reductions in mortgage rates. While these rates may not drop to the ultra-low levels seen in recent years, any decreases, combined with rising wages and modest house price growth, could significantly improve affordability for home buyers. This shift might pave the way for previously priced-out buyers to re-enter the market in 2025, fostering a more inclusive housing landscape.
https://youtu.be/--AxEtL_VTA

Skip the Carousel

1 2

1 year ago (edited) | [YT] | 2

Pyxida-Saving-Investing-Innovating-Real Estate

Experience the MAGIC of Marrakech!
Immerse yourself in the vibrant city of Marrakech, where ancient traditions meet modern charm. From stunning architecture to delicious local cuisine, Marrakech has something for everyone.
Get ready to be transported to a world of vibrant colors, enticing aromas, and captivating sounds as we take you on a mesmerizing journey through the enchanting city of Marrakech! From the bustling souks to the stunning architecture, Marrakech is a city that will leave you spellbound. Whether you're a seasoned traveler or an armchair explorer, this video is sure to inspire your next adventure.
Marrakech truly sounds like a vibrant and captivating destination! From the bustling souks and stunning Moorish architecture to the serene gardens and luxurious spas, there’s something for everyone.
While Marrakech is generally safe, it’s always wise to stay alert, especially in crowded areas like the souks. Enjoy your trip and immerse yourself in the rich culture and beauty of this incredible city.
Between tradition and modernity, Marrakech is the promise of unequalled sensations. Strolling the Jemaa El-Fna square and the souks with their shimmering colours and oriental smells, the red city offers you a complete change of scenery. Horse-drawn carriage rides, sunny terraces, travelling artists and other day and night activities will give a tates of wishful comeback.
Being a growing economic bustling city, Marrakech has special festive and cultural places, such as the « Palais des Congres » and the splendid Royal Theater. Enjoy Marrakech at night by discovering the many themed venues, trendy clubs and traditional evenings that reflect the lively part of the city.
If you enjoyed this magical journey, don't forget to like, comment, and subscribe for more travel adventures, and check out our next video on hidden gems in Morocco!

1 year ago | [YT] | 4

Pyxida-Saving-Investing-Innovating-Real Estate

Cyprus Fast-Tracks Citizenship for Tech Talent: New Rules Explained
https://youtu.be/Ml9vQi2I7_M
In recent years, Cyprus has made a name for itself as a hub for innovation and technology, and its latest move is set to take things to the next level: fast-tracking citizenship for tech talent. This bold initiative is likely to attract some of the brightest minds in the industry, but what's driving this trend, and how will it shape the future of tech in Cyprus and beyond?

The tech industry faces a fundamental problem: there just aren't enough skilled workers to go around. From London to Berlin, startups and scale-ups are fighting tooth and nail to attract the talent they need to grow. This shortage has countries competing fiercely to attract the best and brightest, and Cyprus is no exception. The island nation has long been a popular destination for entrepreneurs and innovators, but with its new citizenship rules, it's upping the ante in a major way.
The numbers are stark: Europe is facing a talent shortage of nearly a million skilled workers, with the tech sector being hit particularly hard. This shortage has serious consequences, from stalled growth to failed projects, and it's clear that something needs to give. That's where Cyprus comes in, offering a beacon of hope for companies struggling to find the talent they need.
It's not just companies that suffer from talent shortages, either. The lack of skilled workers holds back entire economies, limiting growth and innovation. That's why countries are getting creative, from offering relocation packages to dangling the carrot of citizenship. And Cyprus is taking it to the next level, offering a streamlined path to citizenship for tech talent.
So, what are the new rules, exactly? Well, Cyprus has introduced a fast-track citizenship program for tech professionals, offering a range of benefits that make it an attractive option for anyone looking to relocate. To be eligible, applicants must meet certain criteria, including demonstrating a strong track record of innovation and entrepreneurship.
The benefits of citizenship are clear: from visa-free travel to increased job security, the perks are undeniable. But it's not just about individual benefits – this initiative is designed to address the talent gap head-on, bringing in fresh perspectives and expertise to drive growth and innovation.
The relaxed criteria include the duration of residence in Cyprus before applying for naturalization and the requirement for proficiency in the Greek language.
Key Provisions of the Amended Law
• Foreign nationals working in the research and innovation sector can apply for fast-track citizenship.
• Applicants must have a working knowledge of the Greek language.
• Applicants must be financially self-sufficient.
• Applicants must have no criminal record and be “of good character.”
• Family members of such applicants would also qualify for citizenship.
Processing Times
Processing of such citizenship applications would take no longer than eight months.
Benefits of the Amended Law
• Attracts tech talent to Cyprus.
• Encourages such workers to stay in Cyprus.
• Boosts the Cypriot economy.
Safeguards
The amended law includes safeguards to ensure that only qualified and deserving individuals are granted citizenship. Applicants must be physically present in Cyprus and thus have real ties to the island. =
This initiative is a game-changer for Cyprus, but it's not just about the island nation. The ripple effects will be felt throughout the tech industry, as countries and companies alike scramble to attract the talent they need. In fact, it's estimated that Cyprus could attract upwards of 10,000 new tech professionals in the next five years alone – a staggering number that could reshape the entire industry.
But here's the thing: this isn't just about numbers – it's about people. It's about creating a community of innovators and entrepreneurs who can drive real change and growth. And Cyprus is positioning itself at the forefront of that movement, offering a welcoming home to tech talent from around the world.
In the end, it all comes down to this: Cyprus is betting big on tech, and its new citizenship rules are just the beginning. By attracting the best and brightest, the island nation is setting itself up for long-term success – and that's something that tech professionals and companies alike won't want to miss.
So, what do you think about Cyprus's new citizenship rules? Do you think this is the key to unlocking the island nation's full potential, or are there other factors at play? Let me know in the comments below! And if you haven't already, be sure to subscribe for more content on the latest tech trends and insights. Oh, and if you're interested in learning more about the tech industry, I've got a video on the top industry trends that you won't want to miss – check it out!
https://youtu.be/Ml9vQi2I7_M

Skip the Carousel

1 2 3 4

1 year ago (edited) | [YT] | 3

Pyxida-Saving-Investing-Innovating-Real Estate

6 Lease Negotiation Tips to Lower Your Rent and Score Perks.
https://youtu.be/gITBBCLptRY
Are you tired of paying too much for rent? In this video, we share 6 essential lease negotiation tips that can help you lower your monthly payments and score amazing perks! Whether you're a first-time renter or a seasoned leaseholder, these strategies will empower you to negotiate like a pro. Learn how to research market rates, understand your landlord's perspective, and present a compelling case for why you deserve a better deal. Don’t miss out on these invaluable insights that could save you hundreds (or even thousands) of dollars! Tune in now to transform your renting experience and make your money work for you. Remember to like, comment, and subscribe for more tips on smart renting!
So, what's holding renters back from negotiating their lease? Well, for one, there's a fear of rejection. People don't want to rock the boat and risk losing their apartment. And then there's the lack of knowledge. People just don't know how to go about negotiating, or what they can reasonably ask for. And finally, there's the fear of being taken advantage of. People worry that if they do manage to negotiate a better deal, they'll end up sacrificing something else in the process. But what if I told you that with the right strategy, you could get a better deal without sacrificing anything?
Okay, so now that we've talked about the common challenges renters face, let's dive into the good stuff. Here are the six lease negotiation tips that will help you lower your rent and score some amazing perks.
Tip number one: Do your research. Knowing the market value of your rental is key to negotiating a better price. know what other renters in your building are paying and look at comparable rental properties in your area to determine a fair rent range. This will give you a solid foundation to base your negotiation on.
Tip number two: know your landlord. Building a relationship with your landlord can go a long way in getting you a better deal. Find out what their priorities are and what they're willing to negotiate on.
Tip number three: timing is everything. Try to negotiate your lease at the end of the month, when the landlord is more desperate to fill vacancies. At the end of the year or during the summer months there may be less demand for rentals.
Tip number four: be respectful and polite. Remember, your landlord is a person too, and the nicer you are, the more likely they are to work with you.
Tip number five: be willing to walk away. If you're not getting the deal you want, be prepared to look elsewhere. This shows your landlord that you're not desperate, and they may be more willing to work with you. If the negotiation doesn't go in your favor, be willing to walk away from the deal. This shows the landlord that you're not desperate, and that you're willing to take your business elsewhere.
Tip number six: ask about amenities. Sometimes, it's not just about the rent price. Ask about amenities like free parking, a gym, or on-site laundry. These perks can add up to big savings over time and won't cost the landlord anything.
For example, my friend Andreou was able to negotiate a brand-new gym membership, plus a $100 discount on her monthly rent, just by asking politely and being willing to walk away. And I know a guy who negotiated a free parking spot for a year, just by being respectful and doing his research.
Take, for instance, the story of Mark, who was able to negotiate a whopping $200 discount on his monthly rent, plus a brand-new washer and dryer, just by doing his research and being polite. He sent a simple email to the landlord, asking about the possibility of a discount, and the landlord agreed to meet with him. In the meeting, Mark was respectful, polite, and willing to walk away, and as a result, he got an amazing deal.
Mark's story just goes to show that with the right strategy, you can get an amazing deal on your lease. And that's exactly what I'm going to try to do. I'll be using these five tips to negotiate my own lease, and I'll let you know how it goes in the next video.
To recap, the six tips for negotiating your lease are: Building a relationship with your landlord, do your research, time it right, be respectful and polite, don't be afraid to walk away, and ask for amenities. By following these tips, you'll be well on your way to saving money and scoring some amazing perks.
Thanks for watching! If you've got any lease negotiation tips of your own, leave them in the comments below. And if you want to see how my own lease negotiation goes, be sure to check out my next video, where I'll be sharing the results.
https://youtu.be/gITBBCLptRY

1 year ago (edited) | [YT] | 2

Pyxida-Saving-Investing-Innovating-Real Estate

Inheriting a Fortune: The Loneliness and Struggles of a Wealthy Heir
https://youtu.be/cVejIwnsjGA
Inheriting a fortune might seem like a dream come true, but for many wealthy heirs, it can be a crushing burden. Behind the glamour and luxury, they often struggle with feelings of loneliness and disconnection.

Let's take a look at some real-life stories of wealthy heirs who have struggled with these challenges.

Jonh at 35, leads a relatively passive life due to inheriting three rental properties. This inheritance allows him to stay home and care for his children, but it has also left him with few friends and no colleagues.

His parents moved to London, to build their careers. They accumulated assets including a three-story house where they live, a rental property, and two boarding houses with a total of 25 rooms.

Jonh is married with two sons and his is a university degree holder. Currently, he manages the two boarding houses he inherited. Their net rental income amounts to approximately 5,500 per month.

From the outside, people might see Jonh’s situation as fortunate. However, he faces his own challenges. After graduating from university and taking a low-paying job, his parents pressured him to quit and oversee the rental properties so they could focus on their other ventures.

His role in property management is limited to collecting rent and coordinating repairs for issues like faulty electrical outlets or leaking pipes. Initially, due to his own laziness and dependence, he accepted this passive lifestyle and spent his time playing video games as if I were still in high school.

Eventually, he overcame my gaming addiction, decided to re-enter the workforce, and got married. When their first child was born, he left his job to stay home and take care of the baby so his wife could continue working.

Some old high school friends comment that he was born with a silver spoon and that he does not have to do anything yet still get by. Although this might seem like a compliment, he perceives these remarks as somewhat insulting. I avoided attending class reunions because years of staying home have made me feel isolated and inferior to his successful friends.

Sometimes, he longs for the experience of working in an office, interacting with colleagues, and receiving feedback from a boss. After spending over a decade at home, he has no boss or colleagues.

Jonh often feels frustrated with my dependence and complacency. If he had stayed in his previous jobs, he might have felt more accomplished. When he meets with friends, he tends to avoid discussing his issues, knowing they may dismiss them due to his family's wealth.

Another example is the story of a Jane who inherited a vast fortune from her grandparents. She always felt like she was living in their shadow, and that she could never live up to their expectations. She struggled to find her own identity and purpose, and she felt like she was just going through the motions of life.

A third example is Matheu who inherited a business empire from his father. He felt like he was suffocating under the weight of his father's legacy, and that he couldn't make his own decisions without being criticized or judged. He felt trapped, and he didn't know how to break free.

There's also the story of Samantha who was part of a famous wealthy family. She always felt like she was living in a fishbowl, with everyone watching her every move. She struggled to find privacy, and to live a life that was truly her own. She felt like she was just a prop in a much larger drama.

One poignant moment that stands out is when Samantha realized that she had no one to turn to when she needed help. She was surrounded by people, but she felt completely alone. She realized that she had been living someone else's life, and that she needed to take control and make changes. It was a powerful moment of realization, and it marked the beginning of her journey towards healing and self-discovery.

I share with you these stories to illustrate that inheriting wealth does not guarantee happiness. While financial concerns are absent, personal struggles and dissatisfaction can still arise. Inheritance is not always the blessing it appears to be.

Societal expectations are a major challenge for wealthy heirs. People assume that with great wealth comes great happiness, but the reality is far from it. They're often expected to live up to a certain standard, to be a certain way, and to make certain choices that align with their family's values. But what if they want to forge their own path? What if they want to pursue a different career, or live a more modest lifestyle?


Wealthy heirs often struggle to form genuine relationships, because people are either intimidated by their wealth or trying to get close to them for their own gain. They can't always be sure if someone is being genuine or just trying to use them for their money or status. It's tough to find people who truly care about them for who they are, beyond their wealth.

Additionally, the weight of managing wealth can be crushing. They have to deal with family dynamics, business decisions, and financial responsibilities that can be overwhelming. It's a heavy burden to carry, and it can be incredibly isolating.

This moment encapsulates the loneliness and disconnection that many wealthy heirs experience. It's a powerful reminder that inheriting wealth is not a guarantee of happiness, and that true fulfillment comes from living a life that is authentic and meaningful.

Inheriting a fortune can be a double-edged sword. While it provides financial security and freedom, it can also bring a host of challenges and struggles. It's time for us to reimagine what it means to be wealthy, and to prioritize connection, empathy, and community over material possessions.

Thanks for watching, and I'd love to hear your thoughts on this topic in the comments below! If you're interested in exploring more videos on wealth and mental health, be sure to check out my other videos! What are your thoughts on this situation?
https://youtu.be/cVejIwnsjGA

1 year ago (edited) | [YT] | 3

Pyxida-Saving-Investing-Innovating-Real Estate

20 Property Devaluations You Had NO Idea About!
https://youtu.be/di-uMjpIhqY
When it comes to buying, selling, or investing in properties, understanding the concept of property devaluation is crucial. In 2024, it's more important than ever to be aware of the factors that can affect your property's value, whether you're a seasoned investor or a first-time homeowner.

Many people assume that property values always increase over time, but that's not always the case. In reality, there are many factors that can lead to unexpected devaluations, and it's essential to separate fact from fiction. One common misconception is that property values are solely determined by the local market conditions, but that's only part of the story. Another misconception is that a property's value is directly tied to its physical condition, which is also not entirely true.

Property values can be influenced by a wide range of factors, from environmental concerns to socioeconomic changes in the surrounding area. For instance, a property that's located near a busy highway might be devalued due to noise pollution, while a property in a neighborhood with rising crime rates might lose value due to safety concerns. It's also important to consider the impact of various external factors, such as changes in government regulations or economic downturns.

As we dive deeper into the world of property devaluation, it's clear that there's more to it than meets the eye.

By understanding the various elements that can affect your property's value, you can make more informed decisions and avoid costly mistakes. Let's explore 20 specific factors that can devalue properties, and I'll provide brief explanations and examples for each to illustrate their impact. From environmental issues like flooding and subsidence to human-made factors like poor architecture and noisy neighbors, we'll cover it all.

1. Ignored repairs.
Failing to keep up with routine maintenance tasks, such as fixing leaky roofs or addressing plumbing issues, can decrease your home's value over time. Regular upkeep is essential to preserve your property's condition and attractiveness to potential buyers.

2. Low energy efficiency.
In today's environmentally conscious market, homes with poor energy efficiency may lose value. Investing in energy-efficient upgrades, such as insulation or energy-efficient appliances, can make your home more attractive to buyers.

3. Aging electrical installation.
Old or outdated electrical wiring can pose safety concerns and deter potential buyers. To maintain or increase your home's value, consider updating the electrical system to meet modern safety standards.

4. Wallpaper.
Removing wallpaper and repainting before putting your home on the market is advisable. Many buyers assume it will be a significant expense, and the presence of wallpaper can make your home appear dated.

5. Brass fittings
Brass fixtures, while subtle, can give a dated impression of your home. Replacing them can help modernize your property and enhance its overall appearance.

6. Aging kitchen cupboards
Even with beautiful countertops and fixtures, outdated kitchen cabinets won't go unnoticed by potential buyers. Upgrading your cabinets or even renovating your kitchen can increase its appeal.

7. Nearby a church
Surprisingly, some buyers may not want a church close to their house due to increased Sunday traffic and congestion. Proximity to large churches can sometimes negatively affect your property's value.

8. An inefficient layout
The layout of your home can significantly impact its value. Compartmentalized or dated layouts can deter buyers who prefer open-concept designs. For instance, properties with small rooms or unusual layouts can be devalued due to their limited appeal

9. Fully carpeted
Older homes may have beautiful hardwood floors beneath the carpet. Remove the carpet and expose those hardwood floors to add value to your home. Refinishing the floors can make a significant difference too.

10. Upgrades without a permit
Illegal upgrades, like adding a new apartment without proper permits, can lead to a bad home appraisal. A bad appraisal can block potential buyers from obtaining funding for the home purchase.

11. A bad smell
People are sensitive to smell, so a bad odor, like cigarette smoke, can deter potential buyers. A strong deodorizer can be an indicator of a cover-up. Instead, consider more pleasant scents like those of baked goods or fresh fruits.

12. Unsightly buildings nearby .
From hidden structural damage to being located near a high-voltage power line, the list of potential devaluation factors is longer than you might think. Environmental elements like cellphone towers, power plants, and landfills can hurt your home's value when it comes time for a home appraisal. Furthermore, the implications of this are enormous. Imagine buying a property without realizing that a cell phone tower is about to be erected next door, only to see your property's value plummet. It's a sobering reminder of the importance of doing your due diligence and staying informed.

13. Noise pollution .
Buyers might also be sensitive to other types of excessive noise around your property. Anything from living within hearing distance of a commuter train to an airport can affect your home's value. did you know that living near a airport or a noisy industrial area can reduce your property's value by up to 20%?

14. Street traffic.
Living on a busy street could negatively impact your property's value. Houses on, or that back up to, busy thoroughfares generally have less value than the exact same house would if it were in a quieter spot.

15. Suspicious neighbors.
Regardless of how well-maintained a neighbor's house is, you might be in a bind if a potential buyer finds them on a criminal offenders list.

16. A pool in the garden.
While some buyers see a pool and envision warm summer days lounging on a floatie, a majority of buyers won't even look at a home with a pool. Most fear the maintenance, additional insurance, and general added expense that a pool demands.

17. Low maintenance yard .
Landscaping has the potential to increase home value. If you've let your home's lawn go, now is the time to roll up your sleeves and bring out the gardening tools. Dead or dying shrubbery should be removed and replaced with healthy and lush plants, and there should be no weeds anywhere on the property.

18. Exterior attractiveness.
If buyers drive by your home or decide to do a walk-through, what they see at first glance makes a difference. If your home is messy or unruly from the outside, it could sour a potential buyer's experience.

19. Cracks in the pavement.
You might not pay much attention to wear and tear on your driveway, but appraisers will. They look for signs of physical depreciation, so consider resealing the surface of your driveway before you put your house on the market.

Some factors have a much greater impact than others. But what's the most surprising or impactful factor among the 20 that can lead to significant property devaluation? In my opinion it is the presence of nearby cell phone towers. Not only can they be a visual eyesore, but they can also raise health concerns and reduce property values by up to 30%.

In conclusion, understanding property devaluation is crucial for homeowners and investors alike. Owning property has historically been among the biggest investments someone can make. So whether you're buying or selling, you always want to get the best bang for your buck and make sure that you're getting great value. Knowing what to look out for as a buyer can help you find a property that suits your needs, whereas as a seller you need to know how to maximize the return you get for the property you bought.

By being aware of the various factors that can affect your property's value, you can make more informed decisions and avoid costly mistakes. Remember, knowledge is power, and staying ahead of the curve is key to success in the world of real estate.

If you've ever experienced a property devaluation, I'd love to hear about it in the comments below. And if you're new here, consider subscribing for more insightful content that'll help you navigate the world of real estate with confidence.
https://youtu.be/di-uMjpIhqY

Skip the Carousel

1 2 3 4 5

1 year ago (edited) | [YT] | 3