More than just rocks

Water conservation is a hot topic here in California right now, and slowly people are starting to cotton on to the “drought tolerant landscaping” concept. I’ve found that whenever the drought comes up in conversation, drought tolerant landscaping is usually discussed as well, and more often than not, I hear “But I don’t want my garden to be just a bunch of rocks…”

Thankfully there is more to drought tolerant landscaping than just rocks. What’s key is finding beautiful plants that grow natively in your area – or an area that is climatically similar – that survive on just the amount of rainfall your area gets. We have gotten hardly any rain here over the past 5 years, so choosing plants that seem to be able to weather drier spells better will also help.

And it doesn’t have to be all dry & scratchy shrubs either. If you’re looking for a lush drought tolerant landscape, check out these landscapes for some ideas!
drought_resistant-formla-idealmow_lawn-native_grasses-dymondia-juncus-hummingbird_sageThe best part about drought tolerant landscaping is that it is usually minimal to maintain as well. Not just the plants themselves, but all the irrigation equipment you don’t have to upkeep and repair after usual wear and tear. Even no-maintenance artificial grass is giving real grass a run for it’s money these days – look at this installation of it – I’m sold!

grass-turf-lawnSo talk to your local nurseryman/woman (from a REAL nursery, not just the clerk at your local big box store who was assigned to the nursery for the day…) to find out which plants are native to your area, and for other beautiful drought tolerant plant ideas. It seriously is a win-win for everyone – what’s stopping you from converting some – or all – of your landscaping to become drought tolerant?

Anne

Pageburn Properties, LLC is a Real Estate Investing company that focuses on buying, renovating and reselling homes in San Luis Obispo County, California. If you or someone you know needs to sell a house that needs a little love, please head to our website to contact us, and get some free information! www.pageburnproperties.com

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A bird in the hand is worth two in the bush…

I often wonder how such phrases become a part of everyday speech… Someone had to say it first, and then I assume it became well adopted in their circle of friends, then it started branching out to other circles, and so on and so forth until almost every speaker of the English language knows and uses it! It certainly is a wise old saying, that’s for sure. And I actually used it the other day when deciding how to prioritize certain business tasks in front of me.

As you might remember, we at Pageburn Properties currently have one property in escrow, that we’re planning to renovate and re-sell later this year. The business doesn’t come to a halt when you land a project though – one must keep sourcing future projects to try and maintain a steady source of income.

On any given week, I’ll have offers in on multiple properties, hoping to land the next project for the business, and on this particular week I had two offers in. My time and resources for that week were unfortunately limited though, so when I came to realize I only had enough time to spend on one property at that moment, I heard the saying “A bird in the hand is worth two in the bush” in my head, and knew my time was best spent on the property I already have in escrow, rather than the “two in the bush” I had offers in on. As it was, neither of the offers were accepted, so my time was well spent on the property in hand!

I’ve heard other investors use this old adage in their business as well – I recently listened to a webinar where an investor in my network chose to do a whole lot more to a property than they’d originally planned to do, in the hopes of squeezing as much out of the project as they could. They had kept a close eye on comparable sales (comps) in the area during the course of their renovation project, and came to realize that if they invested more than planned – in order to make their property more similar to the higher comps – they could get a whole lot more out of it. They also said that good deals were currently really hard to come by in their market, so when they were fortunate enough to land a project, they really had to make the most of it. So their business model changed from trying to do many flips in a year, to doing just a few really good ones – Quality over Quantity! (I wonder who came up with that saying too?). They ended up making a whole lot more from the sale of the property than they estimated going into it – even though it took longer – so their change in plan paid off.

So it certainly pays to be adaptable, to always pay attention to what your market is doing, and to occasionally follow some old sayings that some wise person came up with a long time ago 🙂

Annebird