Tuesday, July 29, 2014

What Is a Real Estate Mutual Fund?

A real estate mutual fund is a type of investment made up of securities, usually stocks, of companies that purchase real estate with money collected from investors. Factors affecting the return of real estate mutual funds include the real estate market in general, housing starts, residential and commercial vacancy rates and interest rates.
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Function

According to moneyzine.com, real estate mutual funds "tend to focus their investing strategy on real estate investment trusts (REITS) and real estate companies." REITs are companies that buy and manage real estate with funds collected from investors. Real estate companies run the gamut, from firms that sell real estate to firms that support real estate ventures, like real estate software providers and property management companies. A real estate mutual fund can include shares of stocks in a number of REITs and in a number of real estate companies.

Advantages

Real estate mutual funds are an alternative to purchasing investment property, especially if you want to limit your investment, level of risk and involvement in management. They are also an alternative to REITs if your goal is for your investment to continue to grow; the IRS requires REITs to give all profits back to investors annually, which means that the profits are subject to federal tax annually. Profit on mutual funds remains in the fund unless you sell. Real estate mutual funds, like all mutual funds and unlike real estate itself, are relatively liquid. You can usually sell them in one day.

Friday, July 25, 2014

11 Ways to Wake Up a Traditional Room

My family’s heritage is in the furniture manufacturing industry, so I can’t deny being drawn to traditional style. But being a designer in modern times, I’ve come to love modern style as well. In fact, I’ve come to learn that traditional interiors actually benefit from a little modern flair.

If you’re feeling like your traditional interiors are just a little off — or boring — there are some simple modern design moves you can make to instantly freshen the look without unrooting it from its soulful connection with the past.
11. Embrace the abstract. Contemporary art and a clear coffee table have updated this traditional room.

If there is one outstanding characteristic of a tired traditional room, it is too much formality. So loosen up and have some fun!

Tuesday, July 22, 2014

7 Supermodel Homes and Why Creatives Rent Them

Although Cindi Osborn struggles to pin down exactly what makes a private home the perfect setting for photo shoots, she knows a winner when she sees one. “It has to have that elusive quality of ‘just rightness,’” she says.

Osborn, a onetime art historian and gallery owner, started Mint Locations after working for her husband, a freelance creative director and commercial video producer. She couldn’t find anyone else who specialized in locations that were private homes, so, she says, “I decided to make that my niche.”
Why creative directors and stylists love it: Each piece in this loft is cool — from the cushion-topped black metal coffee tables to the light blue surfboard leaning between the bookshelves, to the extra-long dining table. “This is a house where everyone would come for a great dinner party or to hang out at the end of the evening,” says Osborn. “Who wouldn’t want to sit around the table or linger in the kitchen for a last drink?”

Design takeaways: “This loft was originally white, and the blocky spaces made it all seem clinical,” says Osborn. “The dark walls now give the space a sexy nightclub feel. Using the same paint throughout the home helps connect the cube-like spaces.”

What’s in It for Homeowners

“There are many reasons people open their house,” Osborn says. “Some people are proud of their homes. Some feel a sense of stewardship, that it’s their responsibility to share the home. But of course, money is part of it too.”

People can make thousands of dollars a year renting their homes for photo shoots, but it does come at a cost. “I’m really up-front with my clients about it,” Osborn says. “If you are uncomfortable with being out of your house for several days, the thought of many people in your house or your things being moved, this is not for you. Although we have people onsite to protect your belongings and your interests, it is a disruption. On the other hand, I have some clients who are able to pay their property taxes on what they make from photo shoots. No matter how they feel about it, I advise my clients to vacate the premises while a photo shoot is in progress.”

Regardless of their reasons for renting, homeowners who create beautiful homes and allow them to be used in photos seen around the world are perhaps unwittingly influencing the way we decorate our homes. Maybe that’s ultimately the reason creative directors choose these kinds of properties — they pick the homes where we’d like to live.

Friday, July 18, 2014

8 Creative Lighting Solutions for Food Prep

Lighting can be a real doozy when you’re assembling your dream kitchen. Not only do you need to make sure that key food prep and cooking areas are well lit, but you also have to create a balance between the fluorescents and LEDs so many planning boards require and the softer light sources you desire.

They key to finding this balance often lies in choosing fixtures that not only brighten your prep spaces but also draw the eye away from can lights, fluorescents and LEDs. Here are eight creative ideas for lighting your prep space, no matter what your style.
which create a focal point to draw the eye away from the track lighting that’s doing the heavy lifting.