aricschi

I've known a lot of people who have lost money when they sold their homes. In fact, I'm one of those people, and it's happened to me more than once.

There are a number of factors can cause a financial loss when you sell your house, including the need to sell at the wrong time due to divorce or an impending foreclosure, or a downturn in the local real estate market. However, it's also common to lose money simply by making too many expensive changes to the house before putting it on the market. This is how I lost money on real estate, before I wised up.

My most resounding failure in the fix it and flip it market was a house I bought in Spokane, Washington. Knowing what I know now, I would have restricted myself to replacing the carpets and the kitchen and bathroom fixtures, painting inside and out, and buying new appliances. I probably would have replaced the old-style windows, too, to make the place look nicer and appeal to the energy-conscious buyer. These fixes could have been done easily within the two years I needed to live there to avoid capital gains taxes.

Since I didn't know what I know now, I made major renovations, which included moving the bathroom. I did most of the work myself, but the materials alone cost more than I could get back when the house was sold. With the exception of repairs done to the house to make it eligible for an FHA loan and watering the grass, I doubt that any of my major projects really helped me sell the house or increased its value.

If a house is actually sound, with no structural damage or insect problems, the biggest reason it will sell for less than its worth is usually cosmetic. This was certainly true of the house I bought in Spokane. Dirty carpeting, and a wall in the living room covered with mirror tiles, kept most buyers from going any further into the house. I could see past the cosmetic problems and see the home's full potential - but my imagination went a bit too far.

The floor plan was odd, and slightly inconvenient, but leaving the bathroom where it was would have been far more rational, financially. Why didn't I do that? Because my emotions and my nesting instincts took over, pushing aside all thought of future gain or loss.

Let's face it - most people don't buy their own homes with the intention of making a profit, although they certainly hope the house will be a good investment. In fact, the emotional stress caused by the process of buying a house and moving into it can be enough to completely erase any thought of moving again a few years later. However, I know several families who have made a very good living by buying underpriced homes, living in them and fixing them up, and then selling them when the IRS will allow them to do so without paying extra taxes. Clearly, these folks don't make any changes to these houses without carefully considering the bottom line.

After my Spokane adventure, I decided to learn from my mistakes, and find out how to stop losing money on houses. I read books by authors who are experienced in fixing and flipping houses - and then read them again. When I saw that most remodeling projects almost never recoup their costs when the house is sold, I was a little shocked, because I had been guilty of almost every mistake on the list at one time or another. I know many people who have also made the same mistakes, even when they started those remodeling projects with the intention of increasing the value of their homes.

When I bought my next house, I kept that list very firmly in mind. For instance, my kitchen was badly in need of a major overhaul, (or so I believed), and it was far too small. I pored over the latest home decorating magazines, and ideas came flooding into my head. I thought about knocking out some walls, and I even tried to imagine adding on to the house to make the kitchen bigger. New cabinets would be needed, and new appliances...

In the end I painted the kitchen cabinets and replaced the sink with a new one I purchased at Ikea. I covered the chipped orange Formica counters with printed cotton fabric, and coated it with many layers of water-based Verathane that was intended to protect wood floors. The complete "remodel" cost less than $400, as opposed to the thousands of dollars that I would have spent if I followed through on my idle dreams of a "perfect" kitchen. Since the house sold at a very good price within two weeks of listing it, my buyer obviously didn't mind that the kitchen didn't meet my idea of perfect. Because I kept my costs down, I made a handy profit on the sale.

Would I have been able to sell the house for more money if the kitchen had been remodeled and expanded? Perhaps, but not enough to cover the cost of the remodel. Although the National Association of Realtors lists a kitchen remodel as one of the projects that will increase a house the most, they still advise that you should expect to get back only 80% of the costs. If your new kitchen is far fancier, bigger, and more expensive than any other kitchen in the neighborhood, the returns will be even less. A full kitchen remodel can cost thousands of dollars, so the 20% you don't get back can be a big chunk of change.

Does this mean that you shouldn't make changes to your home that would make you happy? Not at all, especially if you intend to live there for many years. But it does pay to sit down with your spouse or partner before you start making your remodeling plans, determine exactly how long you'll be staying in the home, and then think about the full financial implications of the remodeling project. Even if you don't think of yourself as a professional house flipper, it might pay to slow down a bit and find ways to improve the home without spending money you'll never see again. As a bonus, your family might be able to avoid the stress and disruption of all that remodeling mess.

Jonni Good is the author of a new report that shows how she used these fix it and flip it ideas - and how the profit allowed her to buy her next house with cash. Visit - http://www.BuyAHouseWithCash.com

Dogs are considered the most genuinely happy creatures on earth. Their entire day is filled with you whether you are there or not. They are waiting for you, sleeping on your bed, watching for you out the window, wondering where you are while they are patiently waiting for you in their crate.

Once you come home its all about you. Your attention, your love, your food, your commands, and of course, your time. For an animal that revolves his whole life around you, it can be confusing why he does some of the things he does. If he loves you so much, why is he destroying your shoes? If you are the light in his life, why is he ignoring you when you come home?

Dogs have a very unique way of expressing themselves. Most people believe that dogs have and show genuine emotion such as love and fear and even anger. We understand that when they sit at the door and bark they are telling us they need to go outside. We understand that when we have a leash in our hand and they get a little goofy that they are excited about the upcoming walk. Understanding their more subtle or destructive cues takes a little insight into your dogs world.

Returning Home Behavior

Some dogs get so excited that you are home after a weekend away they completely get beside themselves with joy. They follow you around and may even be uncharacteristically clingy as you wander about the house. Others get so excited when you first walk in the door, and then leave you in complete peace for several hours. People usually say that he is angry with you for leaving in the first place.

Most experts say their behavior is more about security than anything. You are your dogs entire world and when for some reason you disappear for a long period of time, and there is a sudden change in his routine, his security is thrown a bit. He is very happy to see you but he also needs a little reassurance that everything is getting back to normal. Some dogs do this by following you around the house until they are sure, and others do this from a more observatory stance. Either way your canine family member is just looking for reassurance and his typical routine to return.

The Canine Garbage Disposal

He knows better and he knows that you know he knows better. However, every chance he gets you see him scampering off with something that you just absolutely dont want him to chew. He eats your best shoes while youre in the shower, the corner of the bedspread while youre getting dressed, and the phone cord while you were talking on it. And you havent even made it to breakfast yet. As much as you love him you are contemplating the moral issues of drop kicking him right out the door. Youve tried everything that you can think of and yet he is still eating everything in sight. He is beyond the age where teething causes chewing but yet he still cant seem to find his own toys to consume.

There are two key factors in a garbage disposal dog. The first and easiest to solve is a health problem relating to his teeth and gums. If his mouth is bothering him, he is going to chew on everything he can. Start with a vet visit to rule out any periodontal issues.

The more likely culprit of his unflattering behavior is stress and anxiety. Yes, your happy go lucky guy can suffer from stress. Has there been a change in the household such as a new baby, dramatically increased arguing or is someone who is supposed to be there suddenly gone?

For starter, confine him when you cant watch him, although preferably with you. A puppy gate here can go a long way in simple things like keeping an eye on him while you are showering and watching his every move while you are getting dressed. Often the hurried morning is a higher anxiety period for your dog.

Then begin to address the problem. Make sure theres an appropriate toy available to him at all times and make a big deal about it when he eats the right things. A sharp reprimand and a quick and immediate discipline is in order when you catch him at the wrong chew toys. You dont want to stress him more by smacking him, although a rolled up newspaper banged on a hard surface is a quick attention getter. Never strike him with it. He will make it his mission to eat it if you do in an effort to eliminate an already stressful period.

Try to identify the stressor and relax him around the problem. If you can get him comfortable enough around the new baby to lie down even when the baby is crying, you have made strides. If there is tension in the house try to tone down the arguing, or take it to an alternative room. If your dog can be comfortably confined to an outdoor yard, that is the best option, but dont get so wrapped up in your arguing that you leave him out there for extensive periods of time. Whatever the stressor is that is causing the chewing, try to get him comfortable and relaxed around it. This may take some time, but relieving his anxiety will also reduce the tension in your life as well.

Aggression

You know him as your sweet and loveable friend. Your friends and neighbors know him as the terror on your doorstep who wants to eat them. Aggression is not a nice quality in your dog. Aggression comes from the desire to protect, and anything perceived as a threat is going to be treated like one. For some dogs this means anyone and anything that doesnt belong. He is only trying to defend his home and his human family, but aggression is a serious behavioral problem that needs to be nipped in the bud.

Check your own behavior. How are you reacting to him when he is growling and carrying on at the neighbor as she walks by your house? Make sure the words good boy are the last thing your dog hears. Be a good boy, or Thats not a good boy, are not deterrents. Neither is Shh.

Mild mannered people tend to have more aggressive dogs because their tones are not consistent with command. If your dog doesnt believe you enough to listen to you, he certainly isnt going to believe you can take care of yourself. I cant tell you how many times our pups have been accosted on the street with an owner telling their dog that its ok. Its not okay. The words you are looking for are firm and sharp and sound like Sit and No. One word firm commands are much more effective than reasoning. Aggression is a serious offense and it must be treated as one. We have one dog who got a little out of control. When sitting wasnt getting him under control on his nightly walk we actually went to making him lie down. Right there on the street or sidewalk we commanded our German Shepard to lie down to get his attention and then added a Quiet command to get our point across. His aggression quieted down in a week.

Some dogs do better if they can at least see whats going on even if they cant be a part of the process. Aggressive dogs are really protective dogs. The delivery man might not want your growling, snarling beloved pet to join you on the porch, but he might do better if he has a place he can be directed to sit and watch provided he stays quiet. Constantly sequestering him does nothing to solve the problem.

The Overbearing Overgrown Puppy

He is happy to see you. You are his toy and his best friend and he will pummel you over in an attempt to play with you. He has run over the children and covered the cat with his doggie saliva. You love him, but wow does his energy get annoying sometimes. Its hard to talk to someone one the phone when hes jumping on you and wrapping his big paws around you and forget leaving the house looking presentable.

He is the puppy who never grew up. His body got big, but he seems intellectually stuck at four months old. Most of the time this behavior is a matter of dominance. When a dog views you as his alpha leader, he gives you respect. When you are his peer, you are his play mate. Alpha leaders are by nature a food related dominance. Of course other factors play into it as well, but to a dog food is leadership. If you are not already the dogs food source, consider taking on that responsibility.

Establish yourself as a leader. This isnt all that hard to do and you dont even have to stop playing with him in order to do it. Start by giving him random commands, especially around feeding time. With his food in your hand tell him to sit. With the food in the bowl and the bowl on the floor tell him to wait, and then make sure he follows through. When he has looked to you for permission, allow him to commence eating.

Slowly add random commands throughout the day and rebuke rough playing immediately. If he wants to play, he has to sit and wait for things rather than tackle you. You can just as easily give him commands with playtime as you can any other time. A few commands before you throw the ball is usually enough to get the right message across as you are establishing dominance.

Interpreting Your Dog

Understanding your dogs behavior isnt quite as mystifying as it seems. He really is doing his best to tell you. Watching his communication with other people and animals in the household can really open your eyes to how he expresses himself.

A dog wags his tail to express happiness, yawns when he is content, and growls when he is threatened. With over one hundred facial expressions, he is constantly telling you something. The more you get to know your dog the more you will learn what he is telling you.

Owning a dog is a wonderfully joyous experience. They bring so much into our world which is why so many people have them. They look to us to tend to their needs. We owe it to them to give them at least our very best shot at keeping them safe, healthy, and happy.

David Beart is the owner of http://www.professorshouse.com. Our site covers pets, dog training, finances, family, cooking and other household issues.