Just how important is location when choosing your next property? Location is vital for finding the right place to settle down and put roots, and more often than not, when people are in the market for a new property, the location is often a significant factor in whether or not they’ll even look at a property.
When buyers choose real estate based on a specific area or zip code, they often do so for deeply personal reasons. These reasons could include its proximity to good schools, medical care, good access, space, and other amenities. Understanding why different locations and zip codes command different prices is crucial, and it’s a decision that’s often driven by personal preferences and needs, making the connection to the chosen location even more significant.
This post will examine what contributes to a great location when buying property. It will help you understand how this influences the price you will pay and how to determine if the property’s value is worth it, especially with the current market showing no signs of prices falling.
Centrality
Centrality, or the proximity to the hub of a town or city, is a key factor in determining property prices. The closer a property is to the city center, the higher its price is likely to be. This is because land is limited in more built-up areas, making zip codes contained within them more desirable, and therefore pushing up prices.
In contrast, land around these areas with more space to build upon and develop can often be cheaper because they’re not as centrally located. While it’s not just as simple as centrally located = higher prices, it is an influencing factor in the value of real estate within an area.
While there can be bargains to be found in more build-up in, demand locations, it’s likely these will be properties that have fallen into disrepair due to being uninhabited or are in less desirable zip codes where people have moved away from.
Developments
Another factor that can significantly influence the price you pay for a property is whether the area is earmarked for development. Commercial development, for instance, can enhance property values by introducing new amenities and services to the area, thereby making it more desirable. This means that if you invest in a property in an area with planned developments, you could see an increase in your property’s value over time.
When it comes to looking for property, always try to research the area and uncover if any developments are going to take place in the future that can impact the reason you bought in this area. This forward-thinking approach Can help you anticipate potential changes and make informed decisions about your investment.
Amenities
The amenities in your chosen location can also influence the price of the surrounding real estate. The better the local school, transport links, and civil infrastructure, for example, the more desirable a location will be, and the higher prices will be. This reassures you that your investment is not just in a property but in a well-connected and desirable location.
Lot Location and Zip Codes
The specific zip code within a location and the actual location of the lot you’re considering can also impact the property’s value. For instance, let’s consider the Destin Zip Code and its influence on property prices. Destin has two zip codes, and one is more desirable than the other. This means that buyers looking for property in this bustling tourist location may pay more to be in the primary zip code compared to the secondary zip code, which is slightly further from the action.
In addition, the physical location of the lot plays into the property value, too. Some types of lots are more desirable; those facing the coast or on the coastline will automatically be costlier, while lots on busy roads or backing onto commercial properties or areas will also be lower, and the surroundings can make them harder to sell.
Crime Rates
Everyone wants to live in an area where there is a low crime rate, and kids are safe to play out in the street. However, this ideal, while possible in many locations across the country, comes with a higher price tag. Geographical locations that are impacted by crime are going to have lower selling prices and are going to be harder to sell compared to their safer neighborhoods. Therefore, when considering a property, it’s important to research the crime rates in the area to understand the potential impact on property values and your quality of life.
Looking into crime rates for the location you’re considering alerts you to the prevalence of and type of crime committed and whether you will be safe or feel safe living there. While you should expect some level of crime in most locations, like the other factors mentioned, this can vary, and for those areas with lower crime rates and are deemed “safer,” you can expect to pay more.
Running a small business isn’t easy. There’s so much to think about from marketing to sales to operations and finance. And, when you’re running the ship solo, it can be hard to keep track of it all, especially when it comes to money. With that in mind, let’s look at some ways you can set your small business up for financial success.
https://www.pexels.com/photo/close-up-photo-of-banknotes-under-a-calculator-5942528/
Track your finances
One of the most important parts of staying on top of your business finances is to know exactly where your money is coming from and where it’s going. Start by setting up a spreadsheet or using bookkeeping software. This will allow you to track your income and expenses as each month goes by. While this might seem like an easy step, it’s the easiest way of keeping an eye on your finances.
Set aside money for taxes
All kinds of businesses are required to pay taxes – even a small one that may have only recently started up! The issue you may face here is a tax bill at the end of the working year that you simply cannot cover. Most accounting and bookkeeping software will be able to project how much you’ll need to pay at the end of the year. Once you have a figure, begin putting away money each month so you’re not left penniless once it’s time to pay up. If you’re worried about getting this wrong, it’s worth hiring an accountant to do this for you.
Have more payment options
If your business started from quite literally nothing, there’s a good chance that you’ve been taking cash payments. Consider getting a contactless card reader to open up more payment options for your customers, especially since many people prefer to use their cards these days. It’s inexpensive to set up, and could open up way more custom for your business.
Create an investment budget
Once you start seeing your profits grow, you can then begin thinking about a budget for further investment into your business. Now, it’s important to remember not to get too excited and blow all of those profits at once. Take some time to budget out where that money is going to be more useful in your business. That might mean hiring someone, or upgrading a piece of equipment to increase your efficiency.
Stay disciplined with your spending
Every single penny counts when you’re running a small business, so it’s important not to squander it. That might mean holding back on paying for the business lunches or cutting back on your travel expenses to save some extra money. Again, having an accountant to talk to about any kind of spending is a good idea at this point to help you save money and ultimately, keep your business afloat.
Invest in yourself
Finally, consider investing a little of that money into yourself. Take courses, learn new skills and attend networking events that could lead to your business being more successful. Any investment into yourself will work out for the best in the long run for you, and your business.
Investing is one of the most effective ways to start growing your wealth and securing your financial future. However, being successful in your investments means that you need to make informed decisions and diversify your portfolio.
Photo by Burak The Weekender: https://www.pexels.com/photo/graphs-display-on-an-ipad-187041/
Whether you are an experienced investor or just starting out, let’s have a look at some of the smart ways you can invest your money wisely.
Stock Market Investments
Investing in the stock market is still one of the most popular and accessible ways to grow your wealth. By purchasing shares in publicly traded companies, you can benefit from their growth and profitability. Ensure that you research companies with a strong track record and sustainable business models. If you are new to the stock market, exchange-traded funds or index funds can be a safer option. They provide you with diversification by combining various stocks. The stock market may carry risks; however, if you have a long-term strategy in place and remain educated about market trends, you can achieve significant returns.
Real Estate
Real estate is another tangible investment that can provide you with both income and appreciation. Whether you are looking for commercial spaces, residential properties, or real estate investment trusts, real estate offers the opportunity to build passive income and hedge against inflation. For many, owning rental properties is a great way to earn steady cash flow each month. Alternatively, you could consider flipping properties or investing in real estate crowdfunding platforms. Ensure that you conduct thorough research and examine current market conditions, location, and financial implications before diving into this type of investment.
Cryptocurrency and Blockchain Investments
Cryptocurrency has become a game changer in creating modern investment portfolios. Beyond acquiring digital currencies such as Ethereum or Bitcoin, investors are increasingly drawn to the underlying blockchain technology for its transparency and efficiency. One of the best advantages of blockchain-based investments is that you can track and verify transactions in real time. Tools like the UniChain block explorer enable investors to monitor their cryptocurrency holdings. This level of transparency helps reduce risks, and fosters trust in the investment process.
Cryptocurrency may be volatile at times; however, it has the potential for high returns, and the technical innovations make it a compelling choice for those willing to navigate the associated risks.
Investing in Startups and Small Businesses
Venture capital or angel investing allows you to support innovative startups or small businesses with growth potential. While these investments may be seen as risky, the returns can be substantial if the company succeeds. Conducting research is crucial when evaluating startups; you need to consider their business model, the track record of the founders, and market demand. Platforms like crowdfunding sites facilitate investing smaller amounts in a diversified portfolio, which can help reduce individual risk if you are interested in this type of investment.
Conclusion
Investing wisely requires balancing risks while staying informed about all your investments and finances. From stocks and real estate to blockchain technology, ensure that every investment path is managed and researched. Choose investments that align with your goals and start building your financial future.
Smart investors love a good deal. They know that following the crowd is a quick way to lose money. They’ve seen plenty of bull runs end disastrously, such as the collapse of cryptocurrency prices, stock market crashes, real estate downturns, and more. Every asset goes through cycles, and some behave more erratically than others.
When investors look at opportunities in the bullion market, they may wonder whether now is a good time to buy or if they should wait.
Investing in bullion is faster than ever thanks to the role bullion dealers like Global Bullion Suppliers now play. They allow you to buy and sell physical bullion products on the spot at competitive prices.
A Brief History of Modern Gold Prices
The last two decades have been great years for gold. Looking at the last half-century, gold prices skyrocketed during the 1970s, alongside a surge in the cost of oil and a steep increase in inflation, all paired with a rise in international conflicts. Unfortunately, in 1980, prices started to plunge, and after the hype, gold prices hit a 19-year low around 2001.
But economics are cyclical, and those lows simply laid the groundwork for another meteoric rise in gold prices, once again coming alongside rising global commodity prices. Prices peaked once more about a decade later in 2011 before dropping (though not nearly as much as they had in the 1980s) and remaining quiet throughout much of the 2010s.
Prices picked up again in the late 2010s, gaining steam as multiple crises began to overlap, including COVID-19, disruptions to global trade, inflation, the Russian invasion of Ukraine, and more.
Now, analysts expect gold prices to climb up to $3,000 USD per ounce in 2025, which begs the question: do you invest now or wait for prices to go down?
Are Conditions Right for Prices to Fall?
Investing in gold is a strategy for hedging against inflation and stock markets. Gold competes favorably against bonds when interest rates are low, and it’s an asset that can provide security and stability to your portfolio.
In other words, gold is a very good asset to have, no matter the price. If you don’t already have it in your portfolio, buying it should be a priority unless you expect that market conditions will bring about a price decrease soon.
Analysts expect to see gold prices rise in the coming year, so investors looking for a bargain on bullion may have to wait.
Speculation vs. Strong Fundamentals
Investors are wise for avoiding speculative bubbles, but the opportunity cost of skipping an asset because it has strong fundamentals can also hurt your portfolio performance.
Learning how to tell the difference is a major challenge, and it can separate great investors from average ones.
One way to identify the difference between pure speculation and fundamentals is to look at an asset’s history. The less history it has, the harder it is to judge its response to market conditions, which is exactly what the world saw with cryptocurrency prices.
Gold goes back further than stocks, bonds, and any other financial instrument we have. The fundamentals are there – the timing is up to you.
Cryptocurrency, once considered a niche financial instrument, has now become a mainstream investment and trading medium. With its rise in popularity, the Canada Revenue Agency (CRA) has been sharpening its focus on ensuring compliance with tax obligations related to cryptocurrency transactions. Despite the decentralized and often anonymous nature of cryptocurrencies, tax evasion is not as easy as it once seemed. The CRA is leveraging advanced tools and partnerships to crack down on non-compliant crypto users.
Crypto Tax Lawyer, a thought-leadership site authored by a Canadian lawyer specializing in cryptocurrency taxation laws, emphasizes that cryptocurrency is treated as property in law. This classification means that every transaction, whether it’s buying, selling, or trading cryptocurrencies, can result in taxable events such as capital gains or losses or business profits or losses. Failing to report these transactions accurately could lead to audits, penalties, or even criminal prosecution.
The CRA’s Focus on Cryptocurrency
The CRA has been ramping up its efforts to identify and penalize tax evasion in the cryptocurrency space. One key initiative is collaboration with other tax authorities through organizations like the Joint Chiefs of Global Tax Enforcement (J5). This partnership allows the CRA to exchange information and strategies for uncovering hidden cryptocurrency transactions.
The CRA also issues production orders to cryptocurrency exchanges, requiring them to disclose information about their clients’ transactions. For example, Canadian exchanges have been compelled to hand over records of users with significant trading volumes. By analyzing these records, the CRA can identify discrepancies between reported income and actual transactions.
Advanced Technology for Tax Enforcement
Blockchain technology, the backbone of cryptocurrency, is often praised for its transparency. While users may believe their transactions are anonymous, blockchain records are publicly accessible. The CRA uses advanced data analytics tools to trace transactions and connect them to individuals. These tools allow auditors to reconstruct trading histories, even when users attempt to obscure their activities by using multiple wallets or decentralized exchanges.
The agency also monitors peer-to-peer platforms and decentralized finance (DeFi) activities, where transactions occur without intermediaries. By following the flow of digital assets, the CRA can uncover unreported income or capital gains.
The Risks of Non-Compliance
Failing to report cryptocurrency transactions can result in severe consequences. Non-compliant taxpayers may face reassessments, penalties of up to 50% of the understated tax, and interest charges. In cases of deliberate tax evasion, criminal charges may also be pursued. These risks make compliance essential for anyone engaged in cryptocurrency trading or investing.
The CRA encourages voluntary compliance through its Voluntary Disclosures Program (VDP). This program allows taxpayers to come forward and correct previously unreported transactions without facing prosecution or gross negligence penalties. However, this option is only available if the CRA has not yet contacted the taxpayer about their cryptocurrency activities.
Best Practices for Crypto Tax Compliance
To avoid running afoul of the CRA, crypto investors and traders should consult a tax lawyer specializing in crypto taxation, as current regulations are ambiguous and reporting rules vary depending on the type of investing you do. Investors must also keep meticulous records of all transactions. This includes the date, type of transaction, fair market value, and any associated costs. Using tax software specifically designed for cryptocurrency can streamline this process.
As cryptocurrency continues to evolve, so too will the CRA’s enforcement strategies. Staying informed about your tax obligations and seeking professional advice is the best way to navigate this complex and rapidly changing landscape. Compliance isn’t just about avoiding penalties—it’s about ensuring the long-term legitimacy of your investments.
Managing personal finances is a critical life skill, yet many of us struggle to balance saving, spending, and planning for the future. Whether you’re working toward financial independence, reducing debt, or building wealth, adopting smart financial habits is the key to long-term success. Let’s explore actionable strategies to improve your financial health today.
Create and Stick to a Budget
Budgeting is the cornerstone of effective money management. It allows you to track your income and expenses, ensuring that your spending aligns with your financial goals. Start by categorizing your expenses into essentials (like rent and groceries) and non-essentials (like entertainment and dining out). Use tools like spreadsheets or budgeting apps to monitor your progress.
Pro Tip: Follow the 50/30/20 rule—allocate 50% of your income to needs, 30% to wants, and 20% to savings and debt repayment. This simple framework keeps your finances organized and your goals on track.
Prioritize Debt Repayment
High-interest debt can be a significant obstacle to achieving financial freedom. Prioritize paying off debts by focusing on the ones with the highest interest rates first (the “avalanche method”) or starting with the smallest balances for quick wins (the “snowball method”).
For businesses or individuals dealing with overdue accounts, partnering with reliable services like Summit A*R can be an effective solution for ethical debt recovery. By resolving outstanding debts professionally, you can regain control over your finances and focus on future growth.
Build an Emergency Fund
An emergency fund acts as a financial safety net, helping you avoid taking on more debt when unexpected expenses arise. Aim to save three to six months’ worth of living expenses in a separate, easily accessible account. This fund provides peace of mind and ensures you can weather financial storms without derailing your long-term goals.
Invest in Your Financial Education
Knowledge is power, especially when it comes to personal finance. Commit to learning about topics like investing, tax planning, and retirement strategies. Resources like books, online courses, and blogs (like the one you’re reading now) are excellent ways to expand your understanding.
Set aside time each month to review your financial plan and research new strategies. Continuous learning empowers you to make informed decisions and adapt to changing financial landscapes.
Automate Your Savings and Investments
Automation simplifies the process of saving and investing, ensuring you consistently work toward your financial goals. Set up automatic transfers to a high-yield savings account or investment account each month. This “pay yourself first” approach ensures you’re prioritizing your financial future before other expenses.
If your employer offers a retirement plan, like a 401(k) or RRSP, contribute at least enough to maximize any employer match. Automating your contributions removes the temptation to skip a payment and keeps your savings growing.
Practice Mindful Spending
Mindful spending is about aligning your expenses with your values and priorities. Before making a purchase, ask yourself: Does this bring me closer to my financial goals? By focusing on meaningful purchases, you can reduce wasteful spending and free up funds for what truly matters.
Pro Tip: Implement a 24-hour rule for non-essential purchases. Waiting a day before buying gives you time to evaluate whether the expense is necessary.
Regularly Review and Adjust Your Financial Plan
Life is unpredictable, and your financial plan should reflect your evolving circumstances. Review your budget, savings, and investment goals regularly—at least once a quarter. Look for areas where you can optimize, such as reducing expenses, increasing savings, or reallocating investments based on market performance.
Having a dynamic plan keeps you proactive rather than reactive, ensuring you’re always working toward your long-term objectives.
Build Your Financial Confidence
Improving your financial health requires consistency, discipline, and a commitment to growth. By creating a budget, prioritizing debt repayment, and investing in your education, you can build a solid foundation for financial success. Tools like emergency funds and automated savings add structure and security to your plan, while mindful spending keeps you focused on your goals.
Whether you’re just starting your financial journey or looking to refine your existing strategy, these habits will guide you toward a brighter, more secure future. Take the first step today—your financial freedom is within reach.
By: Chris Bemis
Seattle is a picturesque city nestled between the Puget Sound and the Cascade Mountains. Known for its tech-driven economy, lush greenery, and iconic landmarks, Seattle is also an excellent place to raise a family. If you’re considering moving to Seattle, here’s a detailed look at the best neighborhoods for families, top attractions for kids, and a couple of downsides to keep in mind.
Top 3 Neighborhoods for Families in Seattle
1. Ballard
Ballard is a historic yet vibrant neighborhood that has become a favorite among families. Known for its excellent schools, parks, and a mix of charming craftsman homes and modern developments, Ballard offers a blend of suburban peace and urban convenience. Highlights include the Ballard Locks and Golden Gardens Park, where families can enjoy water activities and scenic views.
- Average home price: $900K (Redfin)
2. Magnolia
Magnolia is a quiet, upscale neighborhood located on a peninsula just northwest of downtown Seattle. Its spacious homes, top-rated schools, and stunning views of the water and mountains make it ideal for families. Discovery Park, Seattle’s largest green space, is a major draw, offering hiking trails, beaches, and playgrounds.
- Average home price: $1.2 million (Redfin)
3. West Seattle
West Seattle feels like its own small town within the city. It boasts a strong sense of community, great schools, and plenty of family-friendly amenities. Alki Beach, with its sandy shores and breathtaking views of the Seattle skyline, is a favorite weekend destination. The Junction, West Seattle’s commercial hub, offers a mix of local shops, restaurants, and community events.
- Average home price: $815K (Redfin)
Top 3 Family-Friendly Attractions in Seattle
Seattle offers a wealth of attractions that are perfect for family outings, from interactive museums to outdoor adventures.
1. Golden Gardens Park
Right at the edge of Ballard. This park is on Puget Sound and offers a great place to hang out by the water. It is a beautiful space for a family with young kids to spend a day.
2. Woodland Park Zoo
Located near Green Lake, the Woodland Park Zoo is a must-visit for families. With over 300 animal species and educational programs, the zoo provides an engaging experience for kids of all ages. Don’t miss the Zoomazium, an indoor play area that’s perfect for rainy days.
3. Museum of Pop Culture (MoPOP)
For families with older children, MoPOP is a hit. This uniquely designed museum celebrates music, sci-fi, and pop culture through interactive exhibits. Highlights include the Sound Lab, where kids can play instruments, and rotating exhibits on beloved franchises like Marvel or Star Wars.
The Pros of Moving to Seattle
Seattle has much to offer families looking for a balanced lifestyle. Here are some of the key advantages:
1. Quality Education
Seattle is home to highly rated public and private schools, as well as world-renowned institutions like the University of Washington. Neighborhoods like Ballard, Magnolia, and Queen Anne boast some of the best public schools in the city.
2. Abundant Green Spaces
Known as the Emerald City for good reason, Seattle is dotted with parks and natural spaces. Families can enjoy outdoor activities year-round, from hiking in Discovery Park to kayaking on Lake Union. Green Lake and the University of Washington also offer incredible walking spaces.
3. Thriving Job Market
Seattle’s booming economy, driven by tech giants like Amazon and Microsoft, ensures ample career opportunities. The city’s emphasis on innovation and sustainability also means a forward-thinking environment for families.
4. Cultural and Educational Opportunities
Seattle’s museums, theaters, and community events provide endless opportunities for children to learn and grow. Whether it’s exploring art at the Seattle Art Museum or attending a festival at the Seattle Center, families can immerse themselves in the city’s vibrant culture.
Two Negatives About Seattle
No city is perfect, and Seattle does have its downsides. Here are two challenges families should consider before moving:
1. Cost of Living
Seattle’s cost of living is significantly higher than the national average. Housing is particularly expensive, especially in family-friendly neighborhoods like Ballard and Magnolia. Additionally, the cost of groceries, childcare, and other essentials can strain a family budget. Check out this article for some thoughts on approaching finding a home in a high demand neighborhood.
Seattle is an expensive city, but it is still significantly lower in price than San Francisco or Los Angeles.
2. Weather
Seattle’s rainy reputation is well-deserved. The city experiences over 150 days of rain per year, particularly during the fall and winter months. While many locals adapt to the drizzle and embrace the cozy atmosphere, the lack of sunshine can be challenging for families used to sunnier climates.
Tips for Families Moving to Seattle
If you’re planning a move to Seattle, here are some tips to make the transition smoother:
- Explore the Neighborhoods: Each neighborhood in Seattle has its own vibe. Spend time exploring to find the one that best suits your family’s lifestyle and needs.
- Invest in Rain Gear: Embrace the weather with quality rain jackets and boots for the whole family. Outdoor play doesn’t stop because of a little rain!
- Plan for Commutes: Traffic in Seattle can be challenging. Choose a neighborhood with good proximity to work, schools, and activities to minimize time on the road.
Is it Worth Moving to Seattle?
Despite the challenges of cost and weather, Seattle is a fantastic place for families to thrive. Its blend of top-tier schools, family-friendly attractions, and abundant outdoor spaces provides a well-rounded lifestyle. From the sandy shores of Alki Beach to the hands-on exhibits at MoPOP, there’s always something to keep kids entertained and parents happy.
Seattle isn’t just a place to live—it’s a city where families can grow, explore, and create lifelong memories. If you’re ready to embrace the Emerald City, pack your raincoat, and prepare for an adventure like no other!
By: Chris Bemis
Moving to Portland is on many people’s radar due to the city’s fun vibe and proximity to nature. It’s a great city and despite issues downtown in recent years it is still a city with a great culture for raising a family. Portland is relatively expensive, but is less than half the prices in San Francisco.
Top Neighborhoods to Consider if You are Moving to Portland
1. Sellwood-Moreland
Sellwood-Moreland is a quintessential family-friendly neighborhood known for its small-town charm and easy access to urban amenities. The area boasts excellent schools, walkable streets, and plenty of green spaces. Families flock here for the tight-knit community feel, proximity to the Willamette River, and attractions like Oaks Amusement Park.
- Average Home Price: $609K (Zillow)
2. Irvington
Located in Northeast Portland, Irvington offers a mix of historic charm and modern convenience. The neighborhood is known for its stunning Craftsman and Victorian-style homes, tree-lined streets, and an active neighborhood association that organizes community events.
- Average Home Price: $811K (Zillow)
3. Multnomah Village
This Southwest Portland gem feels like a small town within the city. Multnomah Village offers a slower pace, great schools, and easy access to nature trails. Its charming main street is filled with locally-owned boutiques and cafes, making it an ideal spot for families who value community.
- Average Home Price: $560K (Zillow)
Three Fun Activities for Families in Portland
1. Explore the Oregon Zoo
A staple for family outings, the Oregon Zoo is home to over 2,600 animals, including elephants, lions, and penguins. With interactive exhibits and a scenic setting in Washington Park, the zoo is both educational and entertaining for kids of all ages.
Washington Park is worth a day trip all by itself for a free day with kids.
2. Visit OMSI (Oregon Museum of Science and Industry)
The Oregon Museum of Science and Industry is a must-visit for curious kids and adults alike. Hands-on exhibits, a planetarium, and even a retired submarine make this museum a hub for learning and discovery. OMSI also offers summer camps and workshops for kids, making it a valuable resource for local families.
3. Play at Laurelhurst Park
This expansive park in Southeast Portland is perfect for family picnics, leisurely strolls, and letting kids burn off energy. Laurelhurst Park features a large playground, a duck pond, and plenty of open space for sports and games.
Two Negatives About Moving to Portland
1. Homelessness
Out of control homelessness is still a major problem in Portland. It doesn’t need to impact your life if you are avoiding certain areas, but that is the main part of the challenge.
2. Rainy Weather
Portland’s reputation for rain is well-deserved, with an average of 154 rainy days per year. While some residents embrace the drizzle, it can be a challenge for families used to sunnier climates. However, the silver lining is that the rain contributes to Portland’s lush greenery, which is a defining feature of the city.
What Makes Portland a Good Move for Families?
Despite its challenges, Portland is undeniably a fantastic place for families to call home. The city’s commitment to sustainability, its top-notch public parks system, and its emphasis on community make it a unique destination. From enjoying a Saturday morning at the Portland Farmers Market to hiking in Forest Park, families have endless opportunities to connect with nature and each other.
When considering a move, it’s essential to weigh the pros and cons. Portland offers a rich tapestry of experiences, family-friendly neighborhoods, and activities that make it a vibrant place to live. Whether you’re exploring Irvington’s historic streets or picnicking at Laurelhurst Park, Portland has something for everyone.
With its blend of urban sophistication and natural beauty, Portland truly lives up to its motto: “Keep Portland Weird.” For families ready to embrace a new adventure, this city could be the perfect place to grow and thrive.
Comparing to house prices in San Francisco or Los Angeles makes Portland look very enticing.
The City by the Bay, with its iconic landmarks, diverse culture, and picturesque vistas, is a city that continues to capture the hearts of many. For families considering moving to San Francisco, there’s much to consider. While it’s famous for its beauty and innovation, San Francisco also offers a variety of family-friendly neighborhoods, exciting activities, and a few challenges. Moving to San Francisco can be daunting, but here are some tips to help.
Top Three Neighborhoods for Families Moving to San Francisco
1. Noe Valley
Noe Valley is a top pick for families, offering a blend of charm, community, and convenience. Known for its sunny weather compared to other parts of the city, this neighborhood features tree-lined streets, excellent schools, and easy access to parks. It’s perfect for parents seeking a safe, walkable environment with a strong sense of community.
- Average Home Price: $1.5 million (Zillow)
- Perks for Families: Great schools, a family-oriented vibe, and proximity to local playgrounds like Douglass Park and Upper Noe Recreation Center.
2. Inner Sunset
For families who value both urban amenities and access to nature, Inner Sunset offers the best of both worlds. Situated near Golden Gate Park, this neighborhood is quieter and more laid-back than the bustling downtown areas, making it ideal for raising kids.
- Average Home Price: $1.6 million (Zillow)
- Perks for Families: Close proximity to the California Academy of Sciences and the San Francisco Botanical Garden, walkable streets, and a variety of good public and private schools.
3. Glen Park
Glen Park is a small, family-friendly neighborhood known for its cozy village-like atmosphere. With easy access to BART and local parks, it’s a convenient and peaceful place for families who want a balance of city living and suburban tranquility.
- Average Home Price: $1.6 million (Zillow)
- Perks for Families: A quiet environment, Glen Canyon Park for outdoor adventures, and good schools within reach.
Three Fun Activities for Families in San Francisco
1. Explore Golden Gate Park
Golden Gate Park is a treasure trove of activities for families. With over 1,000 acres of green space, it’s home to playgrounds, the Japanese Tea Garden, and Stow Lake, where families can rent paddleboats. The park also hosts events throughout the year, making it a hub of family fun.
2. Visit the Exploratorium
The Exploratorium is a hands-on science museum located on the Embarcadero. Perfect for kids and adults alike, it features interactive exhibits that encourage curiosity and learning. Families can easily spend hours here experimenting and discovering new concepts.
3. Ride a Cable Car and Visit Fisherman’s Wharf
No visit to San Francisco is complete without a ride on a historic cable car. Families will love the experience of gliding up and down the city’s steep hills. End the ride at Fisherman’s Wharf, where kids can watch sea lions at Pier 39, visit the Aquarium of the Bay, or enjoy classic clam chowder in a sourdough bowl.
Two Negatives About Moving to San Francisco
1. The Cost of Living
San Francisco is one of the most expensive cities in the United States. Housing is the biggest contributor, with average home prices well above $1 million. Day-to-day expenses like groceries, dining out, and other essentials are also higher than the national average. Despite this challenge, the public transportation does allow a family to function with a single car. Check out this article for some thoughts on finding a home in a high price area.
2. Limited Space and Urban Crowds
As a densely populated city, San Francisco often feels cramped. Homes are smaller compared to suburban options, and outdoor spaces can be limited in certain neighborhoods. Families used to sprawling yards and quieter streets may find the urban hustle overwhelming. Traffic congestion and limited parking also pose challenges for those who drive regularly.
Why San Francisco Is Worth It for Families
Despite its challenges, San Francisco has a lot to offer families. The city’s cultural richness, access to world-class educational resources, and abundance of outdoor activities make it a vibrant place to raise children. Neighborhoods like Noe Valley, Inner Sunset, and Glen Park provide safe, welcoming environments for families, while the city’s parks and museums ensure there’s always something to do on weekends.
For families drawn to adventure, creativity, and diversity, San Francisco can be a truly rewarding place to call home. However, it’s essential to plan carefully and consider the financial realities before making the leap. By finding the right neighborhood and taking advantage of the city’s family-friendly amenities, San Francisco can become a place where your family thrives.
It can be quite challenging to rent a place, especially with a low credit score. This is mainly because most landlords and property managers run a credit check, as it will show how reliable you can be when it comes to paying rent. However, there is no need to panic because renting with bad credit is entirely possible.
In this article, we would like to explain the importance of credit scores for rentals as well as provide some very straightforward and easy-to-follow tips on how you can get a rental even if you have a low credit score. You can, for instance, look for rentals that do not require credit checks, show proof of stable employment, or simply offer to pay higher security amounts.
Keep on reading to find out how you can find a rental property despite your bad credit score.
Understanding the Impact of Credit Scores
Credit scores are important numbers that determine your financial abilities. Looking at your credit score, landlords and property managers can see how reliable and trustworthy you will be in paying the house rent.
What is a Credit Score? A credit score is a numerical measure between the range of 300 to 850 that is given to a person based on the person’s credit records, such as payment of bills, amount of loans owed, and how long the loan has been in repayment status.
Why Do Landlords Care About Credit Scores?
Landlords have to turn to credit scores to assess whether you are their ideal tenant or not. The greater the score, the greater the likelihood that a tenant will be prompt in making rent payments and will also maintain the rental premises. A lower score, on the other hand, may cause fears of delayed and missed installments.
Credit Score Ranges
- Excellent (750-850): You should be in a great position! For landlords, you will be considered a low-risk tenant.
- Good (700-749): You are still placed well. Most landlords will have no reservations about entrusting you with their buildings.
- Fair (650-699): Some landlords may start having some concerns. However, they will still be very interested in renting the place to you.
- Poor (600-649): One may meet extra criteria often, but it is probable.
- Very Poor (300-599): This makes rental processes tremendously hard. However, you do not have to give up faith – some ways can ameliorate your odds!
The bottom line is that your credit score affects whether you’ll be able to rent or not since it’s a direct representation of how responsible you are with money.
Strategies for Renting with Bad Credit
Now that you understand the implications of having bad credit, what’s the next step? It’s a great thing that renters can improve their chances of getting approved to rent despite having bad credit score because there are strategies that can help them stand out as reliable tenants.
These include:
1. Prove Financial Stability
Provide documents in the form of recent pay stubs, bank statements, tax returns, and employment verification letters as proof of income. These documents reassure the landlords that you have a steady and dependable source of revenue to pay the rent.
In addition to this, letters of reference from former landlords or employers would also greatly increase your chances of getting your application approved. These references, emphasizing your responsibility in payments and a number of other aspects of your life, are good proof of your good behavior.
Even with a bad credit score, what you can do to improve your position is to document yourself paying other bills in a timely manner, such as utility and phone bills, for a long time. It proves that you can handle money properly.
If you have a savings account, budgeting strategy for irregular income, or other valuable possessions, you should also include this information. It can also alleviate the worries of landlords regarding late payments, as they now know that you will still meet up with rent payments even during tough times.
2. Offer Higher Upfront Payments
If you have a low credit score, the probability of being viewed as a high-risk tenant increases. However, this negative picture can easily be addressed by making higher up-front deposits.
A good example is increasing the security deposit and also paying two months’ rent instead of one month’s. Such an extra sum would give the landlord comfort that any damages or loss of rental income would be covered.
For people that can afford it, consider paying several months’ rent in advance, like there. This signals to the landlord that you are serious about securing the property and won’t be a financial hassle when it comes to collecting the month’s rent.
Also, note that you can also have a cosigner with good credit who can guarantee your rent payment. While you may not need their assistance, having this individual can boost your chances and ease the landlord’s concern about your reliability.
3. Search for No Credit Check Rentals
There are several landlords and rental agencies that do not ask for credit scores which makes these rentals easier to qualify for. They can be found by searching the internet or calling local rental agencies directly.
Some websites like Craigslist, Zillow, and Rent.com often have posts that state “no credit check” or “bad credit welcome.” Some agents, sites, and forums also specialize in connecting such tenants with landlords willing to rent without conducting a credit check.
Also, consider people in your inner circle, like friends, family, or colleagues, who may know of landlords with looser credit standards. Social networks, bulletin boards, or neighborhood associations can also help you develop an edge against other renters looking for no-credit-check rentals.
Note that there are private landlords who are more flexible on credit scores as long as you can demonstrate financial responsibility in other ways. Send these individuals a direct message, explain your situation honestly, and provide proof of financial stability.
Conclusion – Consult with Local Experts
Finding a property that accepts bad credit is tricky but not impossible. You either need to convince the landlord that you are financially stable or find others who are fine with bad credit.
However, note that these landlords may ask for specific documents and most of them will be personal. For this reason, it’s best to consult with an experienced local property manager in Atlanta on what documents are required to show during the rental application.