Following the submission of a letter by Indiana Sen. Mike Braun (R) to Ginnie Mae President Alanna McCargo about concerns related to the Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) program, McCargo’s predecessor, Ted Tozer, hopes the senator will dive deeper into the program’s mechanics and what led to the collapse of Reverse Mortgage Funding (RMF).
The late 2022 failure of RMF and the subsequent assumption of its reverse mortgage portfolio by Ginnie Mae were major concerns for Braun, which influenced his decision to inquire about the program’s challenges.
“RMF’s failure raised serious red flags,” Sen. Braun said in a subsequent email to RMD. “The scope of this failure is glaring, comprising 36 percent of all existing HECM loans at the time. I am seeking clarity about Ginnie Mae’s actions in dealing with this distressed issuer and their actions to fix underlying programmatic problems.”
In an interview with RMD, Tozer explained that his major concern with Braun’s letter is that the senator didn’t characterize what he says is the actual reason for Ginnie Mae’s assumption of the company’s portfolio.
“Ginnie Mae, like any creditor, took control of the collateral when they (RMF) defaulted on their debts,” Tozer said. “This is to protect the taxpayer. RMF was obligated to make payments to the bondholder, but they could not come up with the cash to facilitate that funding and defaulted. Ginnie Mae had no choice but to take the loans as collateral.”
But Braun’s letter does not mention the intent to protect U.S. taxpayers, Tozer added.
“My concern is he didn’t make it clear that Ginnie Mae was stepping in to protect the taxpayer,” Tozer explained. “By doing this, he kind of threw Ginnie Mae under the bus, questioning why Ginnie Mae took this action with RMF. I think that’s the thing he misunderstood.”
Braun’s letter also requested information about Ginnie Mae’s attempts to “market RMF’s assets to potential buyers,” and to explain details about challenges the company encountered in locating a financier for RMF.
“Ginnie Mae did that,” he said. “They tried to find people willing to take over the debt obligations and the underlying collateral, but as I understand it, every other HMBS issuer was having enough problems obtaining liquidity for the 98% buyouts, and they didn’t want to take on additional obligations.”
Braun noted that Ginnie Mae had never before extinguished an issuer from the HMBS program, but Tozer contends that’s not the issue at the heart of the matter.
“The issue was not the fact that Ginnie Mae did the extinguishment,” he said. “The problem is that the HMBS program is so cash-intensive for older HECMs that hit the 98% threshold, and [independent mortgage banks (IMBs)] just don’t have the financing facilities to handle those buyouts.”
Tozer said he interpreted some of the letter’s content to be disfavorable to the actions Ginnie Mae has taken to protect both the HMBS program and taxpayers.
“[The letter] made it sound like Ginnie Mae was just sitting back and not doing anything, but it’s back to the fact that the IMBs are the only ones doing HMBS,” he said. “It’s a very cash-intensive business, and IMBs just don’t have the financial wherewithal that depositories do to raise a lot of cash to meet their obligations.”
Tozer hopes that Ginnie Mae can explain this to Braun in its own response, but he has also personally reached out to the senator’s office to offer any information he may need. When asked about the interaction, Tozer said he was satisfied that the senator’s office understood his concerns.
A post-occupancy agreement, also known as a post-closing possession agreement, allows the seller to remain in the property they just sold to the buyer for a set period after closing. This can be a win-win for both parties in some situations, but it comes with major risks for the buyers. I have personally bought many houses with post-occupancy agreements and some worked out great while others ended in a costly eviction. A post-occupancy agreement may be needed in some cases but as a regular home buyer, I would be very careful ever accepting one.
Table of Contents
What is a post-occupancy agreement?
In a typical home sale transaction, the seller and buyer agree to a closing date and time, and possession of the home transfers when that closing takes place. The sellers bring the keys and hand them to the buyers if they are both at closing. Or the buyers can pick up the keys or their agent can give them the keys if both parties are not at the closing table (my preference).
In some cases, a seller may want extra time to move out after closing. They may be waiting for their new house to close, or for a house to be built, or they might just want more time to move. This sounds like a reasonable request for the seller but it can come with major risks for the buyer. This is why I try to avoid post-occupancy agreements if possible.
The video below was a nightmare after a post-occupancy agreement went bad:
What are the risks of a post-occupancy agreement?
Many people have heard the stories on the news of a seller who will not move out of their home are they sell. Almost all of these situations come from post-occupancy agreements. During a typical sale, the buyer does a walk-through of the home to make sure it is clean, all the seller’s stuff is moved out, and the property is in the same condition as when they put a contract on it (unless the contract says otherwise). If there is anything wrong, the buyer can delay or even not buy the home.
When the seller is still living in the home and the buyer closes on it (completes the purchase), they cannot make sure it is clean, all the seller’s stuff is gone, or the seller is out. Some sellers want the money that is in their home but want to stay! If the seller does not leave after a post-occupancy agreement, the buyer cannot simply kick them out, they must go to court and evict them.
An eviction can take months or even years in some states like New York.
Why do I agree to post-occupancy agreements?
I am a real estate investor who works hard to get the best deals I can. I buy a lot of distressed properties that need work and many sellers have unique situations. I also buy from many wholesalers who make deals with sellers that I must agree to. In a perfect world, I would never do a post-occupancy agreement but in some cases, it is a take-it-or-leave-it situation and the deal is good enough for me to take the risk.
I would estimate I have some kind of problem with 30 percent of the post-occupancy agreements I do. For me, it is not as big of a problem as it can be for inexperienced homeowners or people who need to move into the home. I also have a YouTube channel that helps me recoup some of my losses with the crazy situations that occur. I also know how to handle evictions, squatters, and other situations where someone not as experienced could be completely lost on what to do.
How should a post-occupancy agreement be structured
There are also risks with how post-occupancy agreements are structured. Some people just agree to let the seller stay and maybe pay a little rent. The problem with this is there is no motivation for them to move out. When we do a post-occupancy agreement we try to make it painful if the seller does not hold up to their obligations and move.
The post-occupancy agreement should always be in writing and money should be held back in escrow from the seller proceeds. I like to hold back at least $10,000 on houses below $400k and if they do not move by a certain date, I get that $10,000 as the buyer. That may seem like a lot but an eviction and a few months of house payments can eat through that very fast. If you are buying a more expensive home, I would hold back much more.
I have seen many agreements that can be wishy-washy and not work out for either party. Some will charge a per diem if the seller does not move like $200 a day. It can be confusing when they are officially out, and when the dates officially start and proving when they are out. I have seen some people create a lease with rent charged and a deposit. You have to be very careful with this as many states have laws on how much the deposit can be compared to rent, how a deposit is paid back or kept, and the rights of the tenant after the lease is started. It is usually easier to evict a seller who does not move than a tenant with a lease.
Another crazy situation:
Should you agree to a post-occupancy agreement?
If you are a regular home buyer looking for a place to move into, be very careful agreeing to a post-occupancy agreement. I would make sure you love that house and have no other options. If you do agree, make sure there is a large enough penalty to make it worthwhile to you if the seller does not move. You also need to make sure your insurance is set up correctly, there is an agreement for who pays for utilities and there is recourse if the house is damaged during the extra time the seller lives there. It also helps if you have a YouTube channel where you can post crazy stories if something goes bad.
Conclusion
I am okay doing post-occupancy agreements if everything is set up correctly and that is my only option. But even as an experienced investor, I try to avoid them if at all possible. If you happen to live in a state with long eviction timelines I would be really careful agreeing to any post-occupancy agreement.
The move was risky. And I don’t regret it one bit.
For all my decorating life, decades, I thought animal prints were for other people. Although I coveted the exotic look of a leopard-print throw or a tiger-striped rug, I lacked the courage to put one in my home.
That was then.
I now have two zebra-striped chairs in my living room. With the blessing of a designer I trust, I tapped the animal within. Now I wonder what took me so long.
My odyssey began a few months ago when I looked at my adjoining dining and living rooms and decided they looked tired. I wanted to update them, make them come alive, but I couldn’t afford to start over.
So, I called Christopher Grubb, a notable designer based in Los Angeles whom I’ve known for years, and asked for a consult. I would do all the legwork, if he could just tell me what to keep, get rid of, add and revamp. We agreed I would keep the traditional dining table, but replace the stodgy tapestry dining side chairs, which I’ve had for nearly 30 years, with more modern ones.
We would also keep the two dining room armchairs but reupholster them in a more contemporary fabric and move them into the living room. I’m loving this plan.
I gathered nine fabric swatches to test drive. I sent photos of all nine to Grubb. Then, before he could answer, I narrowed the selection down to six and sent him a picture of the finalists. Among the three fabrics I’d eliminated was a bold zebra print I grabbed on a whim but ruled out. (It’s for other people.)
“What happened to the zebra?” Grubb asked.
“Oh, it seemed a little, well, wild.”
Marni Jameson: To combine colors at home with confidence cue the color wheel
“It would look fantastic on those chairs,” he said. “And paint the wood glossy lacquer black.”
Designers take risks where the rest of us fear to tread.
My little heart turned a somersault. “Really?” That permission felt like the time my Dad let me drive our family’s red Dodge Charger by myself.
Next day, the tired tapestry armchairs along with seven yards of zebra fabric and I were exuberantly off to the upholsterer, who took one look at the project, raised his eyebrows and said: “That will be fun.”
When the chairs came back, I sent Grubb a photo.
“Dang! Those look great!”
I had to agree.
“You just created art chairs,” he said. “You turned them into not just useful pieces of furniture, but pieces of art.”
Many homeowners have furniture pieces that would look great flipped, he added, they just don’t see it. “They have heavy Mediterranean furniture that they are trying to bust out of to make their homes more contemporary, but don’t think the pieces belong going forward. Then we give it a twist. Maybe we paint a humdrum brown end table robin’s egg blue and turn it into a fun and functional accessory.”
If they’re worried they will “ruin” the piece, he says, “You don’t like it anymore as it is, so what’s to lose?”
“I’m a big fan of doing what you did,” said Dean Stills, co-owner of Stills Upholstery in Longwood. “I love to see people repurpose old furniture to make it fit their homes today by recovering it with more-modern fabric and changing the finish. It’s so much better than taking it to the curb.”
Grubb encourages anyone who wants to take a risk with their décor to go for it, but to bounce it off a designer first. “Most people know what they like, they just don’t know how to get there. We can help them add the wow factor.”
He encourages DIY decorators to work with designers like I did. “Do the legwork, then hire a designer to consult for an hour or two,” he said. “People don’t take risks, so we walk through room after room of beige and grey.”
None of us wants to be that person.
If you’d like to add some pizzazz to your home, here are some risky moves Grubb and Stills suggest you consider.
Use the power of paint. A glossy fun color on a dull brown piece of wood furniture is an inexpensive way to modernize it and turn it into an art piece. (It’s also easier than refinishing.) Consider painting a chest glossy lime or the frame of a mirror bright orange. When painting my wood chairs gloss black, Stills usedCrystal Conversion Varnish because it creates a tough, hard finish that holds up.
Change the hardware. Switching out distressed iron knobs or ornate vintage pulls for sleek ones in brushed gold or polished chrome can instantly and inexpensively enliven old furniture.
Refresh fabrics. Before retiring a piece of upholstered furniture, think about recovering it with an updated fabric. Older furniture, Stills said, is typically much better made than newer furniture sold today. Upholsterers can also replace and repair worn inner springs and foam.
Add a wow fixture. Chandeliers are a great place to take an expressive risk, Grubb said. “These standalone accessories don’t have to go with anything. They could be covered in feathers and look great.”
Incorporate some Lucite. Because it leans contemporary, just one Lucite piece, such as a chair, end table or bar cart can bridge old and new looks, Grubb said.
Mix in some metal. Shiny metallic finishes also feel contemporary. Adding chrome table lamps, bookends or side tables can modernize an otherwise traditional room.
Reframe the art. Traditional art doesn’t need a traditional frame. Put an old painting in a contemporary frame or eliminate the frame altogether.
Marni Jameson is the author of seven books including the newly released Rightsize Today to Create Your Best Life Tomorrow, What to Do With Everything You Own to Leave the Legacy You Want, and Downsizing the Family Home. You may reach her at [email protected].
Late last week, Indiana Sen. Mike Braun (R) submitted a letter to Ginnie Mae president Alanna McCargo asking about what he identified as recent bouts of instability in both the Home Equity Conversion Mortgage (HECM) and HECM-backed Securities (HMBS) programs, which stemmed from the collapse of a major lender and challenges that Ginnie Mae has described in maintaining a large portfolio of reverse mortgages.
To get a better idea of what prompted the letter and his interest in the reverse mortgage program, RMD reached out to Braun’s office with a series of questions about his perspectives.
‘Red flags’ and OIG inquiry
When asked about what first caused the senator to pay more attention to HECM and HMBS program issues, he explained that the late 2022 failure of Reverse Mortgage Funding (RMF) and the subsequent assumption of is reverse mortgage portfolio by Ginnie Mae were major influences toward his decision to inquire about the program’s challenges.
“RMF’s failure raised serious red flags,” Sen. Braun said in an email to RMD. “The scope of this failure is glaring, comprising 36 percent of all existing HECM loans at the time. I am seeking clarity about Ginnie Mae’s actions in dealing with this distressed issuer and their actions to fix underlying programmatic problems.”
In late 2023, the U.S. Department of Housing and Urban Development (HUD) Office of the Inspector General (OIG) announced that it was initiating an inquiry into how Ginnie Mae monitored RMF, as well as Ginnie Mae’s extinguishment of the failed lender from its HMBS program. OIG Rae Oliver Davis said at the time that the inquiry was being initiated “because extinguishing issuers and seizing their portfolios places significant stress on Ginnie Mae’s operations.”
When asked why he was not willing to wait for the OIG to finish its own inquiry before making his own overtures, Braun said that he feels like waiting may not be an option.
“The timing is important as Ginnie Mae explores improvements to the HMBS program,” he said. “The Senate Aging Committee strives to protect seniors and prioritizes oversight of aging-related issues, like reverse mortgages, and my letter highlights information that is vital to the longevity and stability of the program.”
Additional scrutiny, bipartisan potential
In his letter, Braun alluded to the potential for additional “congressional scrutiny” related to the oversight of the federally backed reverse mortgage program. When asked to expand on that thought, Braun explained that additional transparency into an important event like the RMF collapse is necessary.
“There needs to be more information on their dealings with RMF as it fell into distress,” Braun said. “It’s also important to know about the RMF assets that Ginnie Mae is now servicing, since they have never extinguished an HMBS portfolio previously. We need to have congressional oversight over their efforts to improve troubled issuers’ management practices and their proposals to improve liquidity in the HMBS program.”
With both the House of Representatives and the Senate having such narrow divides along party lines, the potential for added partisanship — especially headed into a hotly contested presidential election — remains high. RMD asked Braun if he feels this issue could descend into the same kind of pattern, but he seemed to be open to the idea of both parties coming together to address HECM and HMBS program challenges.
“It’s a nonpartisan issue,” he said. “While I sent the letter alone, there is a great opportunity to work with the other side of the aisle if further action occurs.”
He added that it’s important for the industry itself to be present during such discussions.
“Transparency is vital to the function of the HECM/HMBS program, and it’s important for Ginnie Mae to make sure Congress and industry professionals are at the table when it’s time to make decisions,” Braun stated.
Prospects for the spring market look a bit brighter as January numbers show an increase in both the pace of existing home sales and the size of the unsold inventory. The National Association of Realtors® (NAR) said sales of pre-owned single-family houses, townhomes, condominiums, and cooperative apartments were at a seasonally adjusted annual rate of 4.00 million. This was an increase of 3.1 percent from the December rate of 3.88 million and was 1.7 percent below the pace in January 2023. December sales figures were also revised slightly higher, cutting the previously reported year-over-year decline nearly in half to -3.7 percent.
Single-family home sales rose from 3.48 million in December to 3.6 million, a gain of 3.4 percent, and remained lower year-over-year by 1.4 percent. Condo sales were flat at an annual rate of 400,000 and were 4.8 percent lower than one year earlier.
Existing home sales beat analysts’ expectations, but not by much. The consensus forecast from Econoday was 3.97 million.
“While home sales remain sizably lower than a couple of years ago, January’s monthly gain is the start of more supply and demand,” said NAR Chief Economist Lawrence Yun. “Listings were modestly higher, and home buyers are taking advantage of lower mortgage rates compared to late last year.”
Those listings did expand in January, up 2.0 percent to 1.01 million units. This is estimated to be a 3.0-month supply at the current rate of sales, but that estimate is virtually unchanged from that in both December and January 2023. Properties typically remained on the market for 36 days in January, up from 29 days in December and 33 days in January 2023.
NAR’s current president Kevin Sears said the association has been pushing Congress to pass H.R. 1321, The More Homes on the Market Act. The bill would lower taxes on home sales and hopefully bring additional inventory to the market. “More listings will help Americans move,” Sears said.
Home prices continued to rise, posting the seventh consecutive month of annual price gains. The median for all residential sales climbed 5.1 percent to $379,100. The median single-family home price was up 5.0 percent to $383,500 while condo prices appreciated 5.7 percent to $321,100.
The median home price reached an all-time high for the month of January,” Yun said. “Multiple offers are common on mid-priced homes, and many homes were still sold within a month. The elevated share of cash deals – 32 percent – indicated a market full of multiple offers and propelled by record-high housing wealth.”
First-time buyers were responsible for 28 percent of January sales and individual investors and second-home buyers accounted for 17 percent. Only 2.0 percent of sales were considered to be distressed.
All four major regions posted annual price increases but only one saw annual growth in sales. In the Northeast the sales rate of 480,000 units was unchanged from December but 5.9 percent lower than in January 2023. Median prices jumped 10.1 percent to $434.300.
A 2.2 percent increase brought Midwest sales to an annual rate of 950,000 in January, down 3.1 percent for the year. The median price was $271,700, up 7.6 percent from January 2023.
Existing home sales in the South rose 4.0 percent from December to an annual rate of 1.84 million, closing to within 1.6 percent of sales 12 months earlier. Median prices were up 4.1 percent to $345,100.
Sales in the West rose 4.3 percent compared to December to 730,000 annual units, 2.8 percent higher than the prior January. The median price in the region gained 6.3 percent to $572,100.
In my extensive exploration of home furnishings, I’ve recognized counter stools as a linchpin in melding functionality with flair in our living spaces. These elevated seats not only morph our kitchen counters and bars into lively gathering spots but also elevate the charm of our interiors. Navigating through the myriad of styles, materials, and dimensions can be overwhelming. Yet, the real task is finding a piece that matches your decor and promises comfort, longevity, and low upkeep. The ideal counter stool turns a simple cup of coffee or a casual chat into a moment of refined coziness.
Flash Furniture Counter Stools
Despite being the perfect example of industrial design, this Flash Furniture Counter Stool features a high-quality metal indoor-outdoor counter height stool that is easy to assemble and maintain. Its unique distressed orange finish and high backless design make it a versatile addition to any space, while its commercial-grade construction ensures it’ll easily survive heavy use. All in all, this Flash Furniture stool is the ideal choice for anyone looking to add a touch of style and practicality to their home or business.
Rated 9.9 based on 10
Stylish and versatile design, Durable construction, All-weather construction for indoor and outdoor use
Distressed finish may not be to everyone’s taste
Coaster Home Furnishings Counter Stools
Some people crave the perfect blend of style and comfort, and Coaster Home Furnishings Counter Stools deliver both in spades. The comfortable seats are upholstered in a rich, tan fabric that feels luxurious to the touch. Sleek, brown legs add a touch of sophistication to any dining area, while the sturdy construction ensures these stools will last for years to come. Plus, with their easy assembly, you won’t have to sacrifice precious time or money to enjoy the ultimate seating experience.
Rated 9.6 based on 10
Transitional design with two-tone finish, Upholstered seat cushions, Sturdy construction
Limited color options
Amazon Basics Counter Stools
Picture yourself sitting comfortably at your kitchen counter, sipping your morning coffee on these Amazon Basics Counter Stools. With their classic design and all-black finish, these stools will seamlessly fit into any home décor. Their solid wood construction ensures durability and sturdiness, while the saddle-seat design provides easy comfort. These stools are 24 inches high and are perfect for counter-height tables or kitchen islands. And with a set of two at such an affordable price, you can’t go wrong with this purchase.
Rated 9.4 based on 10
Tall height for versatile use, Sturdy wood construction, Contoured saddle seat with footrest
Not as wide as some other stools
HeuGah Counter Stools
Whether you need new seating for your kitchen island or a stylish addition to your home bar, the HeuGah Counter Stools is the perfect choice. With a sleek metal base and faux leather upholstery, these counter-height stools are both comfortable and durable. The whiskey brown finish adds a touch of sophistication to any space. Easy to assemble, this set of three stools provides unbeatable value and affordable luxury.
Rated 9.3 based on 10
Set of 3 stools, Counter height, Faux leather upholstery
Faux leather may not be as breathable as real leather
Nathan James Barker Counter Stools
Imagine adding classic elegance to your kitchen or home bar with the Nathan James Barker Counter Stools. This beautifully crafted, backless stool boasts a rich chestnut brown finish that blends seamlessly with any decor. The comfortable leather cushion is removable, making it easy to clean and maintain. At 24 inches, it’s the perfect height for a variety of counter or bar heights. This affordable piece of furniture is a must-have for anyone looking to create a warm and inviting space for family and friends to gather.
Introducing the Nathan James Cohen Counter Stools, a stylish and comfortable seating option for any kitchen or bar area. Crafted from solid wood with a woven leather back and footrest, this bar stool is durable and chic. The wide seat provides ample room for comfortable seating, while the mid-century modern design adds a touch of sophistication to any space. This bar stool is easy to assemble and offers exceptional value and affordability without sacrificing quality or style.
Rated 8.8 based on 10
Stylish mid-century design, Solid wood frame, Comfortable woven leather back
High upfront cost
Nalupatio Counter Stools
More high quality and style at an unbeatable price! These Nalupatio Counter Stools boast a high backrest for exceptional comfort and support. At the same time, their easy 3-5 minute assembly makes them an easy addition to any home bar, kitchen, or dining room. Perfectly sized and available in various colors, these bar stools perfectly combine fashion and function. Upgrade your home decor without breaking the bank with this set of 2 barstools, a smart investment in your comfort and style.
Rated 8.7 based on 10
Comfortable seating with high backrest, Swivel design for easy movement, Stylish and modern design
Color may not be to everyone’s taste
LUE Bona Counter Stools
Experience the perfect combination of style and comfort with LUE Bona Counter Stools. These modern barrel stools with backrests and arms boast black metal frames and linen fabric upholstered accents, making them the ideal addition to any kitchen island. The stools provide a comfortable spot to sit and chat with friends, while the high-quality materials ensure durability and longevity. These bar stools are an excellent value for those searching for a stylish and affordable seating solution.
Rated 8.4 based on 10
Comfortable backrest and arms, Sturdy metal frames, Elegant linen upholstery
Quite expensive
FAQ
Q: What is the standard height of a counter stool?
A: The standard height of a counter stool is around 24-26 inches, and it is designed to fit most kitchen counters or islands. However, it’s essential to measure the height of your counter before purchasing a stool to ensure a comfortable seating experience.
Q: Can I use counter stools for outdoor seating?
A: Yes, you can use counter stools for outdoor seating if they are made from weather-resistant materials. Look for stools made from aluminum, teak, or wicker materials that can withstand sun, rain, and wind.
Q: What is the weight capacity of a typical counter stool?
A: The weight capacity of a typical counter stool varies depending on the manufacturer and model. However, most counter stools can support up to 250-300 pounds. If you need stools that can support more weight, look for models designed for commercial use or those made from sturdier materials like metal or solid wood.
Conclusions
Delving into the counter stool selection, I’ve uncovered a world of variety catering to all tastes, from timeless wooden designs to sleek, contemporary leather pieces. Each stool stands out with its own set of perks, whether it’s in comfort, sturdiness, or aesthetic appeal. In making a choice, I advise weighing what matters most to you in a stool—be it the plushness of the seat, the resilience of the material, or the visual harmony it brings to your space. The abundance of choices ensures you’ll find the one that seamlessly integrates with your home or commercial setting.
Looking for a real estate side hustle? Whether you are looking for passive income ideas or if you are looking for a part-time job (or more!), there are many different real estate side hustles. I have done a few different real estate side gigs, and I know many people who have side hustles in this…
Looking for a real estate side hustle?
Whether you are looking for passive income ideas or if you are looking for a part-time job (or more!), there are many different real estate side hustles.
I have done a few different real estate side gigs, and I know many people who have side hustles in this area as well. To get started in real estate, you don’t have to spend a lot of money – there are several real estate side gigs that can be started even if you are brand new or are on a budget.
Key Takeaways
Real estate side hustles have a range of options from income generating assets to freelance opportunities to office jobs.
You can supplement your income with both short-term and long-term real estate strategies.
Finding the right fit depends on your availability, investment capacity, and financial goals.
Best Real Estate Side Hustles
Here’s a quick summary of some of the different best real estate side hustles:
House hacking: Buy a property, live in one unit, and rent out the rest.
REIT investing: An easy way to start investing in real estate with less capital.
Airbnb rentals: Rent out a spare room or an entire property on a short-term basis.
Property management: If you’re organized and good with people, managing properties for others could be a perfect fit.
Long-term rentals: Becoming a landlord can generate steady cash flow.
Fix and flip: Buy properties that need work, renovate them, and sell them for a profit.
Below, you will read the full list and learn more about each one.
1. House flipping
Flipping houses can be a good real estate side hustle if you like real estate and enjoy fixing things up.
When you flip houses, you’re basically buying homes, making them better with repairs and upgrades, and then selling them to make more money.
The first thing to do for a successful house flip is to find a property that can be made better, such as by looking for homes in neighborhoods that are getting better or have room to grow. Think about things like where it is, what the market is like, and the condition of the property.
Before putting money into anything, it’s important to carefully look at the finances. You’ll want to figure out how much it will cost to buy, fix, and keep the property, and think about things like the cost of materials, paying workers, getting a loan, and the costs while you’re fixing things.
To flip a house well, you need to make smart changes that make the property better, without spending too much, by concentrating on important areas like the kitchen and bathrooms, and fixing any big problems with the structure or safety.
Recommended reading: 10 Best Books on Flipping Houses To Make Money
2. Investing in REITs
Real Estate Investment Trusts (REITs) are companies that own, operate, or finance income-generating real estate. They are a way for you to invest in real estate without directly managing or owning properties.
An REIT is like a company that owns and takes care of real estate that makes money. They sell shares of this company to people, kind of like how stocks work.
When you invest in REITs, you can earn money from the real estate world without actually owning any property. So, if you don’t want to deal with being a landlord, this could be a good option. It’s way less work than owning property and handling it yourself.
You can even spread out your money and invest in different kinds of properties with REITs, like houses, offices, factories, and stores.
3. Getting a roommate
Getting a roommate in your home, whether that be a full-time roommate or renting out an extra room in your home short-term on Airbnb, can be a great real estate side hustle that doesn’t require very much work from you.
The earnings you can make from having a roommate depend on things like:
Where your home is (an expensive area? rural?)
The space you are renting to a roommate (for example, do they get their own bathroom? private entrance available?)
To find a roommate, you can share about it on your own Facebook page, put up an ad on sites like Craigslist, or make a rental listing on Airbnb. There are lots of places where you can let people know you’re looking for a roommate.
I have had many roommates in the past when I was younger and had a home with spare bedrooms. I would rent them out to long-term renters and people that we personally knew (such as friends and my sister).
Recommended reading: Tips For Renting A Room In Your House.
4. Airbnbs and vacation rentals
Turning your property into an Airbnb or other short-term rental can be a way to generate extra income. This is when you rent out your space, whether a full house, an apartment, or just a room, to travelers for short stays.
Before starting your Airbnb side hustle, be sure to:
Check local laws: Make sure short-term rentals are permitted in your area. There are many areas nowadays that are more strict when it comes to short-term rentals.
Understand the financials: Calculate potential earnings against expenses like mortgage, utilities, and maintenance.
Set up your space: Furnish and decorate to create a welcoming environment.
Market your rental: Use high-quality photos and create listings on rental platforms like Airbnb and Vrbo.
The amount you can earn can vary, with some hosts making around $5,000 to $10,000 a month or more, but this depends on factors such as location, rental type, and occupancy rates. Always plan for occupancy ebbs and flows – it’s part of the short-term rental business.
5. Real estate photography
If you’ve ever looked at a house listing and thought that the pictures looked awful, then this may be the real estate side hustle for you.
Real estate agents many times hire out for the photography side of selling a house, as they know and understand how important good pictures are.
Real estate photography is all about taking pictures of houses and spaces to grab the attention of people who might want to buy them. Real estate photographers might take pictures of the outside of a house, the backyard, the living room, attic, bathroom, and more.
You can start with the equipment you likely already have, like your smartphone, which can work well because phones these days have great cameras.
How you show a property can really impact a client’s chance of selling it. Your photos are not just pictures; they’re an important part of how the property gets advertised.
As you continue with this real estate side hustle, you might think about getting better equipment (like a real camera!), but for now, practice paying attention to details and getting better at taking pictures.
If you’re thinking about doing something extra to earn money in real estate, photography could be a great choice.
Recommended reading: 18 Ways You Can Get Paid To Take Pictures
6. Real estate drone photography
Drone pilots sell real estate photography services to help real estate agents showcase the properties they are selling.
When property listings include pictures from various angles and heights, it gives a different perspective compared to regular photos. This helps show aspects of real estate that traditional pictures might miss.
When you sell property photography services using your drone, you’re providing a valuable service to real estate companies that want to stand out in a crowded housing market.
Homes are increasingly being sold using drone photos, and it’s understandable because they can showcase the surroundings of a home. Also, potential home buyers can see the entire property and house through a drone picture, giving them a better understanding of what the home includes.
Recommended reading: How To Make Money With A Drone
7. Long-term rentals
A long-term rental is when you rent out a property for a long amount of time, usually six months to a year or even longer. An example would be renting out an apartment or house to a family to live in full-time.
Long-term rentals are different from short-term rentals like vacation homes or Airbnb listings. They are meant for people or families looking for a longer place to live.
A benefit of long-term rentals is the reliable and steady income they can give you. When you rent your property to tenants for an extended period, you set up a regular cash flow of rental payments. This stability can be especially nice for people who are looking for a dependable source of passive income.
Plus, it’s usually less work than a short-term rental, because you don’t have to clean the home every few days or find new people to rent out to.
Recommended reading: How This 34 Year Old Owns 7 Rental Homes
8. Buy and hold for long-term wealth
If you want to grow wealth through real estate, the buy-and-hold strategy is a way to achieve lasting growth. This means buying a property and keeping it for an extended period, benefiting from both its increasing value over time and the rental income it makes you over the years.
Some positives to think about with a buy-and-hold real estate side hustle include:
Appreciation: Over time, real estate often increases in value.
Rental income: It can provide a steady cash flow each month.
Tax advantages: Possible deductions can reduce your taxable income.
The buy-and-hold strategy requires patience and a willingness to handle market changes. It’s a long-term approach, not a quick one, but if you stay persistent, you can create an investment portfolio for future financial stability.
9. Notary services for real estate
If you want to get more into the real estate world without becoming an agent or broker, becoming a notary public can be a way to make extra money.
Many documents, including deeds, mortgages, and power of attorney, require notarization to be legally binding.
With a notarization license, you can provide an important service required for different real estate transactions.
Notaries are important because they help make sure that the people signing documents are who they claim to be to prevent fraud.
10. Rental arbitrage
Rental arbitrage is a way to make extra money in real estate without owning a property. You rent a place for a long time and then sublease it as a short-term rental using platforms like Airbnb.
Here’s how to get started:
Check local laws: You’ll want to make sure your city or state allows for short-term rentals.
Make sure the rental allows for you to do this: Not every rental will be okay with you renting it out. You will want to read your rental contract carefully.
Do market research: Understand the demand for short-term rentals in your target area, such as by looking for locations with high tourist traffic or business conferences.
Potential Benefits
Considerations
+ Strong cash flow potential
– Initial setup and furnishing cost
+ Low startup costs compared to buying
– Dependence on short-term rental market stability
Making money in rental arbitrage comes from the difference between the cost of the long-term lease and the income from short-term rentals. The bigger the gap, the more potential for profit. But remember to factor in the expenses of running the rentals, like cleaning and maintenance costs.
11. House hacking
House hacking is a strategic approach to real estate where you purchase a property with multiple units and live in one unit while renting out the others. This is a side hustle because it can help offset your living expenses through the rental income.
House hacking can be an easy starting point if you want to dip your toes into real estate investing with the added perk of reducing your personal living expenses.
Back when we were living in a traditional house, we house hacked for a little while and had a few different roommates live with us. The monthly rent we collected allowed us to lower our house payments and put more money in savings.
We house hacked with our first house, and it was really great for us. Being able to set more money aside even helped me get ready to quit my job to become a full-time blogger.
If you are looking for a good book on the subject of house hacking, then I recommend reading The House Hacking Strategy: How to Use Your Home to Achieve Financial Freedom by Craig Curelop.
Recommended reading: What Is House Hacking & How To Live For Free
12. Real estate agent
A real estate agent is a person who helps people, like you and me, find real estate to buy or sell. They usually earn their income through a commission, which is a percentage of the property’s sale price.
To become a real estate agent and start this real estate career, you only need a high school diploma and a professional license. As of 2021, the median pay, according to the U.S. Bureau of Labor Statistics, is $23.45 per hour, or $48,770 per year.
And, there are tons of real estate agents who make a lot more money than this.
13. Crowdfunding and peer-to-peer lending
If you want to learn how to make extra money in real estate, then crowdfunding and peer-to-peer lending are areas to look into.
Crowdfunding platforms allow you to invest in real estate deals with a smaller amount of money compared to purchasing property outright. This can provide you with passive income through rental returns or potential property value appreciation.
Peer-to-peer lending platforms enable you to lend money directly to borrowers. You can potentially earn higher returns compared to traditional savings accounts, but there is always the risk of a borrower not repaying the loan.
Both crowdfunding and peer-to-peer lending utilize technology to connect investors with individuals seeking funding.
14. Bird dogging
Bird dogging in real estate can be a side hustle where you help find potentially profitable properties for investors. Your skill in spotting undervalued or distressed properties is important.
Here’s what you usually need to do:
Conduct market research to locate properties that are flying under the radar.
Build a network with local real estate investors who are looking for deals.
Learn to use the Multiple Listing Service (MLS) to spot opportunities.
Typically, you’ll be on the lookout for foreclosures, bank-owned properties, and distressed homes due for a quick sale.
As a bird dog, your compensation usually comes from a referral fee after the investor decides to move forward with your find. Importantly, to perform this role, you don’t necessarily need any initial capital, just the time and skill to identify promising investment opportunities.
15. General contractor
General contractors handle the day-to-day activities on construction sites, overseeing tasks from residential remodels to constructing new homes.
This is typically more of a full-time job, but this can sometimes be done as a real estate side hustle.
As a general contractor, you can choose projects that match your schedule and interests, providing flexibility. Despite the responsibilities, this role allows you to play a central role in turning plans into actual buildings, giving you the potential to make extra money.
16. Flip raw land
Getting involved in raw land flipping is when a person finds and buys undeveloped land to sell later at a profit.
The main benefits include a lower initial investment and less complexity compared to traditional real estate investments, as it doesn’t involve renovation or improvements. There are no buildings, instead it may be a lot or acres of land.
Here’s a step-by-step guide on how to start:
Find raw land – Research areas with potential growth or upcoming developments that could boost land value.
Due diligence – Perform thorough checks on land titles, zoning laws, and road access to avoid legal issues.
Pricing strategy – Your selling price should be attractive enough for buyers yet ensure you make a reasonable profit margin.
Sell and negotiate – Use online platforms to reach potential buyers and negotiate the best deal.
17. Rent out your storage space
If you have unused land or space in your home, renting it out for storage space can be an easy way to make passive income.
People have a lot of stuff, and they will pay you to store their stuff in your unused spaces.
You can sell storage solutions for vehicles, boats, personal belongings, and more. You can rent out your parking space, closet, basement, attic storage, and more.
A site where you can list your storage space is called Neighbor and you can earn $100 to $400+ each month. This depends on the demand in your area and the type of storage space you are renting out.
Recommended reading: Neighbor Review: Make Money Renting Your Storage Space
18. Property manager
A property manager side hustle can be a great way to make extra money.
A property manager is a real estate professional who finds and oversees tenants, collects rent, and handles repairs and maintenance activities. It’s a side hustle that property owners pay for because they may not have the time or skills to effectively manage their own property.
Property managers can manage long-term rentals like apartments, short-term rentals like Airbnbs, and even commercial spaces as well.
I have a friend who is a property manager on the side of his full-time construction job – he manages many different types of properties, from second homes to vacation rentals to someone simply being out of town. He checks on their properties to make sure that everything is running smoothly.
19. Home stager
If you’re passionate about real estate and design, starting a side hustle as a home stager could be profitable for you. As a home stager, your job is to improve the appearance of a home before it’s listed for sale.
This often results in faster sales and higher prices, making your service valuable to sellers.
You can start by staging homes for friends or family, if possible, to build a portfolio. Before and after photos are powerful tools to showcase your work.
You can even provide consultations to homeowners who prefer to do the actual staging themselves. In such cases, your design style can be a more budget-friendly option for a do-it-yourself homeowner.
20. Home inspector
We recently bought a house, and our home inspector was actually a home inspector on the side – this was his real estate side hustle! I think he was a city inspector (or something similar) full-time, so he was very knowledgeable in the area.
Home inspection as a side job can be a strategic move if you’re interested in real estate. This job allows for flexibility since you can set your hours, such as by completing home inspections on the weekends or before or after your day job.
You’ll need to invest in proper training and get licensed, which is a process that can be completed relatively quickly.
The responsibilities of a home inspector include:
Inspecting homes for possible problems, like a leak or bad wiring.
Creating and delivering reports based on what you find during the inspection.
21. Real estate appraiser
Real estate appraisers determine the fair market value of a property, and this process is important in transactions, such as home sales and refinances.
Appraisers assess property values by taking notes on unique characteristics and comparing them with similar properties that have sold recently.
They then prepare reports, detailing findings and providing a valuation that banks and other institutions depend on for loans.
22. Real estate wholesaler
Real estate wholesalers are middlemen who find properties under market value, contract them with the seller, and then sell the contract to a buyer, often an investor. Their profit comes from the difference between the contracted price with the seller and the amount the buyer pays.
Here is a quick summary of what a wholesale real estate side hustle is:
Find a distressed property – Search for properties that can be bought below market value.
Evaluate the property – Determine the After Repair Value (ARV) and estimate repair costs.
Secure under contract – Enter into a contract with the seller, giving you the right to purchase.
Find a buyer – Locate an investor interested in buying the contract.
Assign the contract – Transfer your purchasing rights to the investor for a fee.
By becoming skilled at finding good deals and building connections with trustworthy investors, real estate wholesaling can become a profitable real estate side hustle.
23. Start a real estate blog
Starting a real estate blog (or even a real estate YouTube channel or social media account!) can be a good way to make extra money without having to spend a lot of money.
With a real estate blog, you can write about local market insights, home buying and home selling tips, property investment strategies, home improvement and DIY projects, and more.
I have been a blogger for years, and I really love it. I am able to create my own schedule, decide how I make money online, travel whenever I want, and more. And, it all started on the side of my day job – so I definitely think that a real estate blog can be started as a side hustle.
Learn more at How To Start A Blog FREE Course.
Frequently Asked Questions
Below are answers to common questions about real estate side hustles.
Can real estate be a side hustle? Is real estate a good side hustle?
Yes, real estate can be a lucrative side hustle. Many people do real estate activities on a part-time basis, which can include short-term rentals, getting a roommate, and more, with lower time commitments.
Is real estate worth it as a side hustle?
Real estate as a side hustle can be worth it if you are looking for more income streams and have an interest in the housing market or real estate. As you probably noticed above, there are many different kinds of side hustles, so the amount of money you can earn or the amount of time you will spend will just depend on the gig you choose.
How can realtors make extra money?
Realtors can make extra money by managing rental properties, taking part in real estate crowdfunding, selling real estate photography services, and more.
Is real estate a good side hustle for teachers?
Yes, real estate can be a good side hustle for teachers. There are many options that may work for a teacher.
For example, some teachers work as real estate agents on the side. This is possible because you can handle listing and selling homes during weekends, breaks, evenings, and over the summer. However, keep in mind that selling homes might pose challenges, as clients may require your full attention during the day, which could clash with your teaching commitments.
You can find more ideas at 36 Best Side Jobs for Teachers To Make Extra Money.
Which licenses might be required to pursue a side hustle in the real estate field?
Depending on the side hustle, certain licenses like a real estate license may be required. For example, to become a real estate agent or home inspector, you’ll need a specific license. However, if you’re looking into just getting a roommate, then you may not need a license. It all just depends on the real estate side gig you are interested in.
How to make money in real estate without ever buying any property?
As you learned above, you don’t need to personally buy or own real estate in order to make money in real estate. You can invest in REITs, become a notary for real estate transactions, include affiliate marketing for real estate products on a blog, and more.
Real Estate Side Hustles – Summary
I hope you enjoyed this article about real estate side hustles.
Picking the right side hustle gig in real estate might feel overwhelming because there are many choices.
Some people might like jobs where you have to do more, like fixing up houses or taking care of Airbnb rentals. Others might prefer making money without doing much, like through REITs or renting out a spare room.
Whatever you’re into or however much money you have to invest, there are probably real estate side business ideas that fit with what you have and what you want to achieve.
What do you think is the best real estate side hustle?
A bill introduced in the New Jersey Senate would require face-to-face counseling for the state’s reverse mortgage transactions and would void any loans executed without proof of such counseling having taken place. The bill is currently awaiting deliberation in the state Senate’s commerce committee.
The bill, S2520, would also offer a seven-day right of rescission on any reverse mortgage transaction, allowing a borrower to cancel the loan within that window without a penalty.
Bill proposal, lawmaker concerns
The current version of the bill was introduced earlier this month by state Sen. Shirley Turner (D), who represents New Jersey’s 15th district encompassing Hunterdon and Mercer counties. Turner originally introduced a similar bill in 2016, she told RMD in an interview.
Turner explained that her primary concern when initially introducing the bill came from a distressed constituent whose elderly mother lost her home after taking out a reverse mortgage without fully understanding the requirements of the loan, the senator said.
“His mother had taken out a reverse mortgage unbeknownst to him and he was very distraught because he didn’t learn of the reverse mortgage until it was too late for him to intervene,” Sen. Turner explained to RMD. “That was when he contacted me and he also contacted the state attorney general. We both investigated and found out that there was nothing that we could do because it was too late in the process.”
The constituent had hired his own lawyer, but his mother ended up having to leave the home after falling behind on associated taxes.
“She just fell further and further behind, and did not tell [her son] until it was too late, when she was getting the notices threatening to evict her from the house,” Turner said. “And she was then, of course, extremely upset because that was the house that she had lived in — and thought she would die in — because she had lived there for 60 years.”
The home, Turner added, had been built by the woman’s late husband in the mid-1950s. That made the senator concerned about the reverse mortgage industry’s marketing activities to borrowers, particularly those who might be dealing with the recent loss of a spouse.
Industry response
Turner’s bill would have a “chilling” effect on reverse mortgage business in the state of New Jersey, according to a letter submitted to the lawmaker’s office on Feb. 13 by the National Reverse Mortgage Lenders Association (NRMLA).
When asked if she had seen the letter, Turner said it had not yet arrived at her office as Friday.
NRMLA contends that the in-person requirement would dampen reverse mortgage availability in the state, primarily since most reverse mortgages originated in New Jersey are Federal Housing Administration (FHA)-sponsored Home Equity Conversion Mortgages (HECMs).
FHA’s HECM program already requires counseling prior to the closing of a reverse mortgage from agencies approved by the U.S. Department of Housing and Urban Development (HUD), and HUD requirements dictate that “clients may receive telephone counseling unless such counseling is prohibited in their state.”
“[W]e further note that, as of today, it appears that only […] six counseling agencies in New Jersey are approved by HUD to provide reverse mortgage counseling,” NRMLA wrote.
NRMLA also points out that an in-person counseling requirement is not imposed by FHA or HUD for HECM loans, and that such a requirement in New Jersey would “have the unintended consequence of decreasing the availability of reverse mortgage counseling while simultaneously imposing unnecessary hardships on New Jersey seniors seeking a reverse mortgage loan,” the letter stated.
Turner explained that she would be happy to meet with NRMLA or any other organization that either supports or opposes any legislation she introduces.
“I always meet with everybody,” she said. “Not just those who support my bill but also those that oppose it. And hopefully, we can find common ground and everybody wins.”
In-person hurdles
An in-person counseling requirement remains law in Massachusetts, which contributed to the halting of reverse mortgage business throughout the state at the onset of the COVID-19 pandemic due to stay-at-home orders handed down by then-Gov. Charlie Baker (R) in an effort to arrest the spread of the virus.
Soon afterward, an emergency bill passed by the Massachusetts Legislature relaxed the in-person counseling requirement, particularly due to the susceptibility of older people to the effects of illness caused by COVID-19. Since that point, the legislature has considered permanently rescinding the in-person counseling requirement, citing post-pandemic challenges and a limited supply of HUD-approved counselors who serve the full state.
A permanent solution has not yet materialized, however, with the legislature instead opting for temporary extensions of the relaxed rule. The current extension is scheduled to expire at the end of March 2024.
Comparisons to Massachusetts
Reverse mortgage industry veteran George Downey of The Federal Savings Bank in Braintree, Massachusetts, has been a key figure in the industry’s efforts to change the law within that state. He offered his personal opinion on the New Jersey matter.
“Clearly, this is another well-intended but misguided initiative,” Downey said an interview, comparing the proposed New Jersey bill to the in-person provision in his state. “But in addition to the logistical reasons, attorneys I’ve spoken with agree with my opinion that the issue of disparate impact under the American Disabilities Act and Fair Credit Reporting Act (FCRA) could be a consideration.”
Disparate impact provisions in U.S. law refer to practices that may adversely affect one group of people within a protected class more than another, even though rules applied are ostensibly or formally neutral.
“As you bear down on this in-person counseling issue, it puts a protected class at a distinct disadvantage by requiring them to assume additional cost,” Downey said, primarily referring to transportation. Downey has had personal experience with disabled clients who had to shoulder high costs to reach an in-person counseling appointment.
“Just as easily, the counseling could have been accomplished with a phone call,” he said.
Wall mirrors are not merely functional accessories but also serve as stylish focal points that can transform the ambiance of any room. Through this comprehensive article, we embark on a journey to discover the best wall mirrors available online. This list has been carefully curated to elevate your home decor to new heights.
From classic designs to modern innovations, we explore a diverse range of mirrors, considering factors such as durability, versatility, and aesthetic appeal. Whether you seek to create the illusion of space in a cozy nook, add a touch of sophistication to a formal setting, or infuse your space with contemporary flair, this selection covers all bases.
So, join us as we delve into the world of wall mirrors, uncovering the perfect reflection of timeless elegance for your living space.
List of the best wall mirrors available online
Discover more such articles in the Home Improvement section of the Top Trending Products Page. Meanwhile, check out this list of the best wall mirrors:
1. Kohler Essential Rectangle Decorative Mirror
Enhance the elegance of your home decor with the Kohler Essential Rectangle Decorative Wall Mirror. With its modern matte black frame edges and sleek rectangular shape, this top-rated wall mirror complements any space effortlessly. Whether mounted vertically or horizontally, it completes the look of any room with finesse. Its multi-layered glass construction and premium silver coating ensure sharp, crystal-clear reflections in high definition. The mirror’s higher Color Rendering Index (CRI) of 90+ allows you to view colours in breathtaking detail, surpassing regular mirrors. Additionally, its thick, anodized frames provide durability, ensuring longevity and resistance to corrosion and tarnishing. Thus, it is a perfect wall mirror for home, adding both functionality and aesthetic appeal.
Dimensions: 22 x 34 inches
Shape: Rectangular
Frame Material: Aluminium
Colour: Matte Black
Style: Modern
Weight: 10.3 kg
Pros
Colour rendering index (CRI) of 90+
Multi-layered glass construction with premium silver coating
Rounded edge
Matte finish
Cons
Click here to buy Kohler Essential Rectangle Decorative Mirror
2. Furnish Craft Decorative Wall Mirror
The Furnish Craft Decorative Wall Mirror is crafted from high-clarity glass and framed with sturdy mild steel in a shiny black finish, adorned with a charming sunflower design. It allows you to enjoy distortion-free clarity and precise reflections for grooming, dressing, or decorating any space. Featuring a hanging hook with an extra chain hook for double security against falling, and an anti-fade protective layer for colour preservation, this mirror offers both safety and longevity. Overall, this mirror adds a touch of elegance to any room, making it one of the best wall mirrors for enhancing your home decor.
Dimensions: 32 x 32 inches
Shape: Round
Frame Material: Metal
Colour: Black
Style: Shiny Black
Weight: 1.5 kg
Pros
High quality glass
Hanging hook with chain
Anti-fade protective layer
Cons
The hanging hook is not concealed
Click here to buy Furnish Craft Decorative Wall Mirror
3. Urban Hamlet Golden Rose Design Mirror
Elevate your home decor with the Urban Hamlet Golden Rose Design Mirror, a trendy addition to any space. This round mirror boasts a modern design with practical functionality, making it suitable for bathrooms, living rooms, entryways, dressing tables, and more. Crafted with high-quality floating annealed glass, this mirror ensures no distortion, providing you with real HD imaging. The high-quality coating enhances durability and protects against rust, ensuring long-lasting use. With its golden and rose petal design, this wall mirror for home adds elegance and charm to any room.
Dimensions: 60 x 60 cm
Shape: Round
Frame Material: Iron
Colour: Golden
Style: Antique
Weight: 1.98 kg
Pros
Rustproof
No-distortion mirror
Eye-catching design
Cons
The finishing is subpar
Click here to buy Urban Hamlet Golden Rose Design Mirror
The amaflip Jinny Engineered Wood Dressing Wall Mirror features a walnut matte finish, adding a touch of sophistication to any space. Crafted from high-grade prelam engineered wood with a natural wood grain finish, this mirror boasts durability and style. Additionally, the mirror comes with a convenient shelf for storage, adding functionality to its elegant design. Backed by a 1-year warranty against manufacturing defects, this wall mount bathroom mirror requires basic assembly and includes all necessary fittings and instructions for easy installation.
Dimensions: 40 x 12 cm
Shape: Rectangular
Frame Material: Engineered Wood
Colour: Walnut
Style: Modern
Weight: 6 kg
Pros
Made of high-grade prelam engineering wood
1 year warranty against manufacturing defects
Comes with a shelf for storage
Cons
It is a bit difficult to assemble
Click here to buy amaflip Jinny Engineered Wood Dressing Wall Mirror
5. Quality Glass Frameless Wall Mirror
Upgrade your home decor with the Quality Glass Frameless Wall Mirror, a durable and stylish addition to any space. Crafted with a 5mm Saint-Gobain/Modi Guard ultra mirror, this mirror ensures long-lasting quality and clarity. Its versatile design allows for vertical or horizontal hanging, making it ideal for bedrooms, vanity areas, or as an elegant accent in dining rooms. Whether used as a decorative piece or functional bathroom mirror, its frameless design adds a touch of sophistication to any room. Easy to hang, this mirror combines beauty and practicality.
Dimensions: 18 x 24 inches
Shape: Irregular
Frame Material: Glass
Colour: Silver
Style: Modern
Weight: 2 kg
Pros
5mm saint-gobain/ modi guard ultra mirror
Frameless
Shatter-proof glass
Cons
The packaging needs improvement
Click here to buy Quality Glass Frameless Wall Mirror
6. SDG Frameless Oval Wall Mount Bathroom Mirror
The SDG Frameless Oval Wall Mount Bathroom Mirror is a top choice for enhancing your bathroom’s aesthetic appeal. Measuring 18 x 24 inches, this sleek mirror combines modern elegance with practical functionality. Its slim 5mm thickness and bevelled edges not only add depth and elegance but also ensure durability for long-lasting use. Designed for easy installation, this mirror comes complete with hanging brackets and a user-friendly installation manual. Easy to clean and maintain, this frameless wall mirror offers both style and practicality, that’s why it’s among the best-selling wall mirrors for modern homes.
Dimensions: 18 x 24 inches
Shape: Oval
Frame Material: Glass
Colour: Silver
Style: Modern
Weight: 3 kg
Pros
Frameless
5mm thickness
Comes with a user-friendly instruction manual
Cons
There are some alignment issues with the mounting bracket
Click here to buy SDG Frameless Oval Wall Mount Bathroom Mirror
7. Arsalan Arslan Decorative Mirror
Enhance your home decor with the Arsalan Arslan Decorative Wall Mirror, a captivating addition to any space. This top-rated wall mirror boasts a stunning gold metal frame adorned with a floral design . Crafted with high-quality floating annealed glass, this mirror ensures no distortion, providing you with real HD imaging and ultimate durability. You can easily hang it in your bedroom, hallway, living room, or bathroom for a chic and stylish look. Whether used alone or as part of a matching set, this round mirror is sure to elevate your home decor effortlessly.
Dimensions: 60 x 60 cm
Shape: Round
Frame Material: Iron
Colour: Gold
Style: Antique
Weight: 350 g
Pros
No distortion mirror
No installation required
Elegant floral design
Cons
The mirror size is small as compared to its overall dimensions
Click here to buy Arsalan Arslan Decorative Mirror
The Furnish Craft Beautiful Leaf Round Antique Mirror is one of the best-selling wall mirrors. It is crafted from high-clarity glass and framed with sturdy mild steel in an elegant gold finish. It allows you to enjoy distortion-free clarity and accurate reflection for grooming, dressing, or decorating any space. With hanging protection features such as a hanging hook with an extra chain hook and an anti-fade protective layer, this mirror offers double protection from falling and ensures long-lasting colour retention. Moreover, being rustproof and shatterproof, this mirror is not only stylish but also practical.
Dimensions: 18 x 18 inches
Shape: Round
Frame Material: Metal
Colour: Gold
Style: Modern
Weight: 400 g
Pros
Rustproof and Shatterproof
361 Degree
High Clarity Glass
Cons
The leaf design is a bit flimsy
Click here to buy Furnish Craft Beautiful Leaf Round Antique Mirror
9. The Urban Store Decorative Hand Crafted Wooden Round Wall Mirror
The Urban Store Decorative Hand Crafted Wooden Round Wall Mirror is a standout choice among the best wall mirrors available online. Crafted with precision using wood scoring and rub-through technique for a distressed look, this mirror exudes charm and character. Made of high-quality wood in a rich brown hue, it measures 16 x 16 inches, making it a substantial yet budget-friendly wall mirror option. Completely handcrafted, it promises long-lasting durability and features a captivating design that will capture your heart.
Dimensions: 16 x 16 inches
Shape: Round
Frame Material: Engineered Wood
Colour: Brown
Style: Traditional
Weight: 1.25 kg
Pros
Budget-friendly
100% handcrafted
Easy to install
Cons
The colour and finishing is a bit dull
Click here to buy The Urban Store Decorative Hand Crafted Wooden Round Wall Mirror
10. Art Street Wall Mirror for Bathroom
The Art Street Wall Mirror features a high-grade wooden frame and a 3mm looking glass. The frame, measuring 2 inches thick, allows for versatile installation options, both vertically and horizontally, making it adaptable to any space. Easy to assemble with included mounting hardware, this budget-friendly wall mirror is ready to hang upon arrival. Further, this mirror boasts a unique design that complements various decor styles. With its premium quality and easy maintenance, the Art Street Wall Mirror is a practical and stylish addition to any home.
Dimensions: 14.5 x 20.5 inches
Shape: Rectangular
Frame Material: Engineered Wood
Colour: Beige
Style: Modern
Weight: 900 g
Pros
Budget-friendly
3 mm glass
Non-toxic
Cons
Very fragile
Click here to buy Art Street Wall Mirror for Bathroom
Similar Products for you:
Read more such articles on Home Improvement:
FAQs: Best Wall Mirrors
Q1. Which are some of the best wall mirrors available online?
Ans. The following are some of the best wall mirrors that you can find online:
Kohler Essential Rectangle Decorative Mirror
Furnish Craft Decorative Wall Mirror
Urban Hamlet Golden Rose Design Mirror
SDG Frameless Oval Wall Mount Bathroom Mirror
Arsalan Arslan Decorative Mirror
Read this article to learn more about these mirrors.
Q2. What are the key factors to consider when choosing a wall mirror?
Ans. The key factors to consider when buying a wall mirror include size, style, frame material, colour, installation method, and intended placement of the mirror within your space. You must also consider your budget to find the perfect fit.
Q3. How can I determine the right size of mirror for my space?
Ans. Measure the available wall space and consider the proportions of nearby furniture. Ideally, the mirror should be large enough to make an impact but not overpower the room.
Q4. How do I clean and maintain mirrors to ensure their longevity?
Ans. Use a soft cloth and glass cleaner to remove dust and fingerprints from the mirror regularly. Avoid harsh chemicals that may damage the mirror or its frame.
Disclaimer : The above content is non-editorial and produced by a third party advertiser. Times Internet Limited/ Economic Times does not guarantee, vouch for or endorse any of the content or its genuineness. The product prices mentioned in the article are subject to change including depending upon offers given by Amazon.
Embark on a quest for the perfect home decor accessory that aligns with your unique style and elevates your living spaces. The market is teeming with options, but navigating this realm requires thoughtful consideration. Whether you desire a vibrant splash for your living room or a warm embrace for your bedroom, the possibilities are vast. Drowning in choices is inevitable, yet the transformative potential of the right decor piece is unparalleled. From nuanced accent pillows to captivating wall art, each accessory holds the key to reshaping your home into a haven of style and comfort. Immerse yourself in the realm of home decor accessories for a curated transformation.
SEEKO Short Round Ball Cactus in Ceramic Pot
Envision a desert oasis within your home or office, courtesy of the SEEKO Natural Looking Fake Cactus Plant. Standing at 11″ in a ceramic pot, this artificial cactus effortlessly infuses Southwest charm into your space. Perfect for cubicles or shelf accents, its realistic appearance captivates. Beyond its visual appeal, this generously sized faux plant is remarkably easy to care for and budget-friendly. A must-have for those seeking to effortlessly incorporate a touch of desert allure into their surroundings.
Rated 9.9 based on 10
Natural looking, Can be accent in any decor, Versatile use
Somewhat pricey
Sullivans Ceramic Vase Set Distressed White
Enhance your home decor with the Sullivans Vase Set, an ideal addition to any space. This farmhouse-inspired set boasts a generous size, making it a captivating centerpiece for tables or shelves. The distressed finish exudes rustic charm, creating an aesthetic that elevates every room. Beyond their visual appeal, these white vases offer easy cleaning and maintenance. Versatile enough for the kitchen, bedroom, office, living room, or bathroom, this set is a must-have for any home. With its affordable price, the Sullivans Vase Set delivers exceptional value and style for your investment.
Rated 9.7 based on 10
Versatile for different rooms, Boho & farmhouse aesthetic, High quality centerpiece and accessories
Actual size is smaller than anticipated
Ceramic Vase for Minimalist Decor (2pcs)
Introducing the White Ceramic Vase – a minimalist gem with remarkable versatility. Its hollow, round form and matte finish infuse a modern aesthetic into any space, offering ample space for pampas flowers or other greenery. From weddings to everyday use, this vase exudes a boho chic vibe on dinner tables and shelves. The set includes two pieces, delivering exceptional value at an affordable price. Elevate your home with sophistication through the understated charm of the White Ceramic Vase.
Rated 9.5 based on 10
Modern minimalist design, Made from high quality ceramics, Create beautiful dining table centerpie
Not suitable for large spaces
Putihac White Ceramic Vases Set of 2
Embark on a minimalist journey with the White Ceramic Vases, perfect for displaying pampas grass and flowers in a chic and stylish way. The round matte donut design adds a touch of elegance to any room, making it an ideal choice for home decor enthusiasts. This set of two vases is generously sized and surprisingly easy to maintain, ensuring long-lasting durability. With its affordable price point, this product offers great value for money and is a must-have for anyone looking to elevate their home decor game.
Step into modern home elegance with Carrot’s Den Donut Vase, a minimalist Nordic-style ceramic masterpiece. Affordability meets design in this hollow marvel, facilitating effortless floral arrangements. Ideal for tables, living rooms, bookshelves, or offices, the set of two provides exceptional value. Whether you seek a boho or wedding vibe, the Carrot’s Den Donut Vase effortlessly injects a touch of elegance into any space, making it the perfect addition for those who appreciate both style and budget considerations.
Rated 9.1 based on 10
Minimalist Nordic Style, Versatile for various settings, Perfectly handy size
May not best for bigger space
Levvohd Ceramic Vase Set of 2
Elevate your home décor with the Levvohd Ceramic Vase Set, seamlessly blending Nordic minimalism with modern design. Perfect for showcasing your favorite flowers, these eye-catching vases boast a unique donut shape. Whether adorning your living room, entryway, or coffee table, their generous size and easy cleaning enhance their value. Priced affordably, this set combines beauty and practicality, ensuring your space receives compliments for its stylish transformation. Dive into the world of Levvohd, where elegance meets affordability in perfect harmony.
Rated 8.8 based on 10
Made of high quality ceramics, Versatile for various decor styles, Hollow design adds visual interest
Size is smaller than expected
COTYNI White Ceramic Vase Set of 2
Delve into the realm of modern home decor with this exquisite pair of ceramic vases. The round matte donut design adds a touch of neutral boho Nordic minimalism, suitable for various occasions from living room to wedding table party. Generously sized to showcase your favorite flowers or pampas grass, these vases embody elegance effortlessly. Surprisingly easy to maintain and budget-friendly, this minimalist set is a standout addition for those seeking a touch of sophistication in their office or bedroom. Elevate your space with this essential vase set, where style meets practicality.
Rated 8.7 based on 10
Extreme craftmanship, Versatile use, Durable material
May be too small
Marycele Book Vase for Flowers
Explore the world within the pages of books with the Marycele Book Vase, a seamless blend of functionality and aesthetics. Ideal for book lovers, this surprisingly easy-to-use vase effortlessly complements your decor. Generously sized, it accommodates your favorite flowers, infusing a touch of nature into your living space. Beyond being a mere vase, it serves as a captivating addition to your home, fostering a closer connection to nature. Best of all, it’s an affordable transformation for your space, making it an excellent Thanksgiving gift or a self-indulgent addition to elevate your home decor.
Rated 8.5 based on 10
Unique book vase design, Economical price, Versatile room decor piece
Need extra care to avoid scartches
FAQ
Q: Where can I find affordable home decor accessories?
A: Navigate the realm of budget-friendly home decor accessories through curated online platforms like Etsy, where unique and economical options abound. Explore the offerings of Wayfair for a diverse selection at reasonable prices. Local thrift stores and flea markets often hide affordable gems, while discount retailers and clearance sections unveil stylish accessories without compromising your budget.
Q: How do I choose the right home decor accessories for my space?
A: Selecting the ideal home decor accessories involves assessing your space’s aesthetic, considering your style preferences, and focusing on functionality. Harmonize elements by choosing accessories that complement your existing decor. Opt for items that resonate with your personal taste and contribute to the overall ambiance. Experiment with diverse textures, colors, and sizes to curate a cohesive and visually appealing arrangement that elevates your living space.
Q: Can I find affordable yet high-quality home decor accessories?
A: Certainly! Unearth top-notch yet budget-friendly home decor treasures through online marketplaces, thrift store gems, and savvy brand selections. Delve into the realm of cost-effective options, where quality and affordability converge seamlessly. Transform your space without breaking the bank by exploring accessible avenues for stylish and well-crafted home decor accessories.
Q: Are there eco-friendly options for home decor accessories?
A: Absolutely! Dive into sustainable home decor choices with eco-friendly materials like recycled glass, reclaimed wood, and organic fabrics. Numerous brands prioritize environmentally conscious practices, ensuring your decor doesn’t compromise the planet. Look for certifications like FSC or GreenGuard, and explore the growing array of stylish, sustainable options to adorn your space with guilt-free, planet-friendly flair.
Q: How often should I update my home decor accessories?
A: Refreshing your home decor accessories is subjective but consider adapting with changing trends or personal tastes every 3-5 years. It’s not just about following trends; it’s ensuring your space stays vibrant and resonates with your evolving style. Stay attuned to your preferences, and update strategically for a fresh, welcoming atmosphere that suits your current aesthetic.
Conclusions
Navigating the landscape of home decor accessories led us to a standout choice: white ceramic vases. A product of comprehensive reviews, these vases emerged as a favored selection for minimalist, boho, and modern decor enthusiasts. The diversity in shapes, sizes, and designs renders them adaptable to living rooms, bedrooms, offices, and even wedding settings. Offering a seamless infusion of elegance and sophistication, these vases boast a neutral palette that effortlessly complements any color scheme or theme. For those seeking to transcend the ordinary in home decor, the white ceramic vase proves to be an impactful and versatile option worthy of consideration.