Currently American Airlines has two issuers of credit cards: Barclays & Citi. Barclays. This stems back from when Barclays issued the US Airways credit cards and American Airlines acquired US Airways in 2013, the deals were then renewed in 2016. Barclays is allowed to advertise inflight/in airports and Citi has the rest of the acquisition channels.
CNBC is now reporting that American Airlines & Citi are in talks for Citi to become the sole issuer of the American Airline cards in a new long term deal. When the US Airways merger was under way American Airlines did offer Citi the ability to become the sole issuer, this would have also allowed Citi ThankYou points to transfer to American Airlines as well but Citi was unhappy with the asking price. It seems if the deal is completed that Citi would also purchase the back book from Barclays.
Once your small business starts earning a profit, you have to decide if you should distribute those profits to yourself (and any other owners) or reinvest them back into the business.
While it can be tempting to pocket your company’s profits, funneling at least some of that money back into the business is worth considering.
For one, reinvesting can help improve the company or expand operations, leading to even higher profits down the line. For another, reinvested money is generally considered a business expense, which means you likely won’t have to pay income taxes on it.
Read on for a closer look at why you may want to reinvest a percentage of your profits back into your business, how this can impact your business taxes, and ways you might use profits to help expedite business growth.
What Constitutes a Business Profit?
Profit is the money a business pulls in after accounting for all expenses. Any profits earned funnel back to business owners, who can choose to either keep it as earnings, distribute it to shareholders as dividends, or reinvest it back into the business.
Whether you own a small dog grooming business or a multinational corporation, the main goal of any business is to earn money. Thus, a business’s performance is based on profitability. For accounting purposes, companies will often report gross profit, operating profit, and net profit (the “bottom line”).
Recommended: How to Read Financial Statements: The Basics
What Are Businesses Taxed On?
Any profits that aren’t reinvested in a business are typically taxed as income. How that tax is paid depends on the structure of the business.
Most small businesses are pass-through entities, which means that the gains or losses are passed through to the owners on their personal income tax returns. Corporations, on the other hand, pay a flat tax on business profits.
Recommended: 10 Steps to Starting a Small Business
Types of Business Taxes
When we refer to “taxes” for a business, we’re actually using an umbrella term for many different types of taxes a business may have to pay. Let’s take a closer look.
Income Taxes
Income taxes are based on the net income of your business for the tax year. Net income is the same thing as profit (income minus expenses). If you share a business with others, the net income is divided among the owners based on your business agreement. Most small businesses pay both federal and state income taxes.
Estimated Taxes
Employees have taxes withheld from their paychecks, but as the owner of your business, no one is withholding taxes from the money you take out of the business.
Instead, you need to file estimated taxes throughout the year based on the income you have earned up to that point in the year. Typically, federal and state estimated tax payments are due on April 15, June 15, September 15, and January 15 for the previous tax year.
Self-Employment Tax
Employees generally have Social Security and Medicare taxes withheld from their paychecks. If you are a self-employed business owner, however, you must calculate and pay your own Medicare and Social Security tax through self-employment taxes.
Excise and Sales Taxes
Depending on which state you operate in and what type of goods or service you sell, you may need to set up a system to collect sales tax from your customers and report and pay that tax to your state.
You may also need to pay federal and local excise taxes. An excise tax is a legislated tax on specific goods or services, such as fuel, tobacco, and alcohol.
Payroll Taxes
If you have employees, you must withhold payroll taxes from their paychecks and pay applicable federal, state, and local taxes. The taxes usually withheld from employee paychecks include FICA (Medicare and Social Security taxes) and federal, state, and local income taxes. Employers and employees each pay half of the FICA tax.
Recommended: 3-Year Business Plan Structure
How to Reduce Taxable Income
As a business owner, there are many strategies you can use to reduce the portion of your business income (or profits) that can be taxed. Here are some you may want to consider.
Reinvesting Business Profits Into the Business
Reinvesting means retaining net profits (the income left over after all operating costs and overhead are paid) and investing them in activities or expenses that can help increase the value of the business. As a business expense, reinvested income generally isn’t taxable.
You may, however, want to reinvest only a portion of your profits and look for other ways to infuse capital into the business, such as applying for a small business loan. Interest paid on business loans is typically tax deductible as a business expense.
Finding Deductions
There are numerous business tax deductions you may qualify for and, when you add them all up, they can amount to a significant reduction in your taxable business income. Here are some of the most common small business deductions:
• Inventory
• Business property rent
• Startup costs
• Utilities
• Company vehicle expenses
• Insurance
• Rent and depreciation on equipment and machinery
• Office supplies
• Furniture
• Advertising and marketing
• Business entertainment
• Travel expenses
• Interest paid on all types of small business loans
Tax Audits
As a small business owner, it makes financial sense to explore all your options for reducing your tax bill. However, when it comes to deductions, you need to be careful. It’s particularly important, for example, to keep your business and personal expenses separate. If your deductions look suspicious to the IRS, the agency could potentially audit your business.
Investing in Employees
One great way to reduce your company’s taxable income is to invest in your employees. Generally speaking, any wages, bonuses, or other compensation you pay your workers in a given year are tax deductible as a business expense. That includes any fringe benefits you offer — such as gifts, health plans, and employee discounts — as well.
Rewarding your workforce can do more than lower your tax liability, however. It can also help boost their morale, increase productivity, attract the top talent, and grow your business.
Choosing Purchases and Investments Wisely
While it’s clearly important to invest in your business, the question remains: Where should you focus your funds? Here are a few purchases and investments you may want to consider.
• Equipment: It can be smart to reinvest profits into new machinery and equipment as your current assets age and become expensive to maintain. Upgrading equipment can increase efficiency and help you stay on the cutting edge of your industry.
• Software: Investing in software, such as payroll and accounting software, can help streamline tedious tasks and free you up to focus on more important matters, such as growing your business.
• Inventory: In some cases, using business profits to buy more inventory can be a smart business move. If you often sell out of popular products, for example, beefing up inventory can help you capture sales you’ve been missing out on.
• More marketing: You might consider hiring a marketing professional or agency to help create buzz about your business, improve search rankings, and expand your customer base.
Recommended: Business Cash Management, Explained
Tax Planning Strategies
One of the best ways to make your business tax efficient is to pay attention to tax credits and not just deductions.
Tax credits are particularly valuable because, unlike deductions, which reduce your taxable income, credits reduce your tax bill on a dollar-for-dollar basis. For example, if your small business owes $25,000 in taxes, a $5,000 tax credit means you can subtract $5,000 from your tax bill and only owe $20,000.
There are a number of tax credits your business might qualify for, including:
• Credit for Small-Business Health Insurance Premiums
• Employer Credit for Paid Family and Medical Leave
• Work Opportunity Credit
• Credit for Increasing Research Activities
• Disabled Access Credit
• Credit for Employer-Provided Childcare Facilities and Services
• New markets credit
The Takeaway
It takes hard work to establish and grow your business. Once you’re able to cover all your expenses, pay yourself a salary, and still have money left on the table, it may be time to consider putting that extra money into your business.
Reinvestment means pouring a percentage of your company’s profits back into your business. It can be a great way to increase the value of your company and to help your company grow. What’s more, reinvesting can reduce your business tax liability at the end of the year, for the ultimate win-win.
If you’re seeking financing for your business, SoFi can help. On SoFi’s marketplace, you can shop top providers today to access the capital you need. Find a personalized business financing option today in minutes.
With SoFi’s marketplace, it’s fast and easy to search for your small business financing options.
FAQ
How much is a small business able to make before paying taxes?
A small business generally must pay taxes on any profit it earns, but the specific amount before paying taxes depends on deductions, credits, and the business structure. For self-employed individuals, income over $400 is subject to self-employment tax, while other tax obligations vary by income and state laws.
What does the 20% business tax deduction do?
The 20% business tax deduction, part of the Qualified Business Income (QBI) deduction, allows eligible small businesses to deduct up to 20% of their qualified business income from their taxable income. This reduces their overall tax liability, promoting business growth and investment.
What is a business write-off?
A business write-off is a tax deduction that allows businesses to subtract certain eligible expenses from their taxable income. Common write-offs include operating costs, rent, supplies, meals, startup expenses, employee salaries, and more. These deductions reduce the overall tax liability by lowering the business’s reported income.
Can you invest business profits to avoid taxes?
Yes, you can reinvest business profits into the company to reduce taxable income, but you cannot avoid taxes as a small business owner. While reinvesting can lower taxes, it doesn’t fully eliminate tax obligations, as profits are still subject to applicable tax laws and limits.
Photo credit: iStock/Andrii Yalanskyi
SoFi’s marketplace is owned and operated by SoFi Lending Corp. See SoFi Lending Corp. licensing information below. Advertising Disclosures: SoFi receives compensation in the event you obtain a loan through SoFi’s marketplace. This affects whether a product or service is featured on this site and could affect the order of presentation. SoFi does not include all products and services in the market. All rates, terms, and conditions vary by provider.
Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.
Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.
Tax Information: This article provides general background information only and is not intended to serve as legal or tax advice or as a substitute for legal counsel. You should consult your own attorney and/or tax advisor if you have a question requiring legal or tax advice.
If you’re considering living in Lancaster, you’re probably wondering, what makes locals love this city? Located in the heart of Pennsylvania’s Amish country, Lancaster offers a blend of historic charm and modern conveniences.
Before making a move, it’s important to weigh the pros and cons of living in Lancaster so you can make an informed decision.
Lancaster at a glance
Walk Score: 81 | Bike Score: 58 Median Sale Price: $275,000 | Average Rent for 1-Bedroom Apartment: $1,659 Houses for rent in Lancaster | Apartments for rent in Lancaster | Homes for sale in Lancaster
1. Pro: Affordable cost of living
Lancaster’s cost of living is lower than many cities in Pennsylvania, making it appealing to budget-conscious residents. Rent and groceries are reasonably priced compared to larger cities.
2. Con: Limited public transportation
Public transportation in Lancaster is limited. The bus system, while useful, doesn’t cover all areas comprehensively. If you live outside the city center, having a car becomes necessary to navigate daily life.
3. Pro: Scenic outdoor spaces
Living in Lancaster gives you access to stunning countryside and well-maintained parks. The nearby Susquehanna River is a great spot for hiking, fishing, and boating. Parks like Long’s Park provide free summer concerts and spacious picnic areas, giving residents ample space for outdoor activities.
4. Con: Quiet nightlife
Nightlife for people in Lancaster doesn’t doesn’t quite reach the level of those living in Pittsburgh or Philadelphia. If you prefer a real lively nightlife, the city may feel a bit slow after dark. Though there are local bars and restaurants, most establishments close early.
5. Pro: Historic charm
Lancaster is steeped in history, with well-preserved brick buildings dating back to the 18th century. Living in Lancaster allows you to enjoy the charm of cobblestone streets and historic homes. Places like Central Market, one of the oldest continuously operating farmers markets in the country, highlight the city’s fascinating past.
6. Con: Limited job market
While Lancaster has a growing economy, the job market remains limited in certain industries. Major employers include healthcare and manufacturing, but those in tech or finance may struggle to find as many opportunities. This can make it difficult for specialized professionals to find the right fit.
7. Pro: Thriving local food scene
Lancaster is known for its fresh, locally sourced food, with plenty of farm-to-table dining options. The Central Market features fresh produce, meats, and homemade goods directly from local farmers. Beyond that, tons of restaurants incorporate seasonal ingredients, giving foodies a variety of tastes to experience.
8. Con: Traffic during tourist season
Lancaster attracts a good amount of tourists, particularly to its Amish attractions. During peak tourist season, especially in the summer and fall, traffic can become a headache. Roads near popular sites, like The Amish Farm and House and Central Market, can be congested, slowing down your daily commute.
9. Pro: Family-friendly
Families find Lancaster a great place to raise kids due to its excellent schools. The city offers plenty of family-friendly events, including festivals and fairs, and attractions like the Lancaster Science Factory.
10. Con: Winter weather
Living in Pennsylvania means enduring cold and snowy winters. Snowstorms can disrupt daily life, especially for those unaccustomed to harsh winters. Clearing snow and navigating icy roads may become challenging, and the cold can linger into early spring.
11. Pro: Access to major cities
Though Lancaster exudes a small-town feel, it’s conveniently located near some of the largest cities in Pennsylvania. Friends living in Philadelphia are about an hour and a half away, making weekend trips easy. You can also reach Baltimore or Washington, D.C. within a few hours, providing access to more urban amenities without living in a crowded city.
12. Con: Lacking entertainment options
Entertainment options in Lancaster are somewhat lackluster when compared to larger cities. While there are theaters, museums, and galleries, choices for more niche entertainment may not be as abundant.
13. Pro: Strong sense of community
One of the best parts of living in Lancaster is the strong sense of community. Many residents have lived here for generations, fostering a welcoming, close-knit atmosphere. From local events to neighborhood gatherings, Lancaster residents often form tight connections with their neighbors.
A native of the northern suburbs of Chicago, Carson made his way to the South to attend Wofford College where he received his BA in English. After working as a copywriter for a couple of boutique marketing agencies in South Carolina, he made the move to Atlanta and quickly joined the Rent. team as a content marketing coordinator. When he’s off the clock, you can find Carson reading in a park, hunting down a great cup of coffee or hanging out with his dogs.
Fiji is a true Pacific paradise with two main islands and several smaller islands with stunning scenery and resorts large and small.
As the country’s tourism numbers grow, so do the number of international hotel brands with popular loyalty programs. This means vacationers (or those looking to work remotely in the tropical breeze) have plenty of options.
Most of the familiar resort brands are in the Denarau area, which is about 20 minutes from Nadi International Airport, although there are others. If you’re looking for a great option for a trip to Fiji, a destination whose motto is “Where happiness comes naturally,” here are some of the best hotels in Fiji to consider.
ALL – Accor Live Limitless
ALL – Accor Live Limitless is the loyalty program from the Accor brand, which offers the chance to earn points during a stay or redeem them for cash discounts. Accor has some of the best hotels in Nadi, Fiji, like the Novotel Nadi near the airport and Mercure Nadi, which are budget options without direct beach access.
Sofitel Fiji Resort & Spa
(Photo courtesy of Accor)
Sofitel is an upscale and luxury brand from Accor that leans into its French heritage and is one of the best hotels in Fiji. Its properties around the world offer French cuisine, style and even a French welcome of “bonjour.”
The Sofitel Fiji Resort & Spa enjoys a beachfront location, an enormous swimming pool, family activities with an organized kids club and teenage club, a nightclub and a beachfront seafood restaurant.
Because of the way ALL points are redeemed, there is no award chart for redemptions. Instead, members use their points to reduce the cost of their overall bill by about $45 (40 euros) for each 2,000 points redeemed.
Hilton Honors
With two resorts to choose from, Hilton Honors members can select between a property in the Denarau area or on Sonaisali Island. Coming soon is another of Hilton’s many brands when a Hilton Garden Inn eventually opens in the capital city of Suva.
Hilton Fiji Beach Resort and Spa
(Photo courtesy of Hilton)
This Denerau property enjoys seven swimming pools, a kids club and a private stretch of beach. Nearby shopping and dining make this a popular location for tourists. Hilton Honors uses a dynamic pricing model, which means the cost in points can vary depending on the room type and date.
On the random dates we checked, the average price for an award stay was 55,000 points.
DoubleTree Resort by Hilton Hotel Fiji – Sonaisali Island
(Photo courtesy of Hilton)
The DoubleTree Resort by Hilton Hotel Fiji – Sonaisali Island overlooks the Mamanuca Islands and is about 25 minutes from the international airport. To reach the resort, a three-minute boat ride takes guests from the main island of Viti Levu to Sonaisali Island.
While the rate for a redemption night at this resort varies by date, on average, it is around 40,000 points per night.
And of course, all arrivals receive the famous DoubleTree by Hilton cookie as a special bonus.
IHG One Rewards
IHG has several properties in Fiji representing several of its brands. In addition to two resorts near Nadi, there are two hotels in the capital city of Suva. A Six Senses is also coming to the country soon, representing IHG’s luxury resort partnership.
Crowne Plaza Fiji Nadi Bay Resort & Spa
(Photo courtesy of IHG)
The Crowne Plaza Fiji Nadi Bay Resort & Spa on Wailoaloa Beach counts seven swimming pools among its roster of amenities, including one dedicated exclusively for adults and another with a swim-up bar. Some of the resort’s two-bedroom suites also have direct pool and beach access from the guest room.
Since IHG uses dynamic pricing for its award redemptions, the cost in points will vary based on the dates of your stay. On the random dates we checked, a one-night standard room redemption started at 44,000 points.
InterContinental Fiji Golf Resort & Spa
(Photo courtesy of IHG)
InterContinental Fiji Golf Resort & Spa is another option for earning and redeeming those valuable IHG One Rewards points. Its 35 acres lie along Natadola Beach, which is protected by a natural reef that gives the water an incredible blue color.
IHG One Rewards uses a dynamic pricing model for award redemptions, and on the random sampling of dates we checked, the rate was between 47,000 and 51,000 points per night.
Marriott Bonvoy
The Marriott Bonvoy program has many properties in Fiji. All of them are on the main island with the exception of Sheraton Resort & Spa, Tokoriki Island, which is only partially open because of renovations. Westin Denarau Island Resort & Spa is closed for updates with plans to open in 2025.
Sheraton Fiji Golf & Beach Resort
(Photo courtesy of Sheraton)
Sheraton Fiji Golf & Beach Resort is one of the major players along Denarau Beach, and its impressive convention facilities keep its various wings busy with group business. Beachfront swimming pools, including one reserved for adults, have a beautiful view, and the resort recently added beachfront cabanas. The various grass lawns between the accommodation buildings also have lounge chairs for those seeking extra privacy.
Marriott Bonvoy uses dynamic pricing, and the cost of a room night will vary based on the date. For example, a one-night redemption on the dates we checked cost 46,000 points.
Fiji Marriott Resort Momi Bay
(Photo courtesy of Marriott)
Perhaps the darling for Marriott Bonvoy in Fiji is Fiji Marriott Resort Momi Bay, which is the only resort on the mainland to offer overwater villas. These are in a lagoon, which makes them a little different from what you might find in the Maldives, for example, which are in the open ocean.
On the dates we checked, a standard room went for 44,000 points, based on Marriott’s dynamic pricing model.
Radisson Rewards
Fans of Radisson will find its branding in Denarau, but a second property will open when the Radisson Blu Mirage Resort, Fiji Naisoso Island, opens in 2026.
Radisson Blu Resort, Fiji Denarau Island
(Photo courtesy of Radisson Blu)
The Radisson Blu Resort, Fiji Denarau Island is spread across 10 acres with a private beach, sprawling pools, towering palm trees and waterfalls. Families will love the kids club plus four pools, one of which has a whitewater tunnel slide.
Radisson Rewards uses a dynamic pricing model that determines the number of points based on the room rate. On the dates we checked, the average number of points for a one-night redemption was about 132,000 per night.
World of Hyatt
Hyatt’s acquisition of Mr & Mrs Smith brings a new country to its destination list. There are three properties that participate in the partnership and give World of Hyatt members a chance to earn and redeem points.
Royal Davui Island Resort Fiji
(Photo courtesy of Hyatt)
This adult-only all-inclusive resort is on a private island with only 16 suites in individual villas, each with private terraces and whirlpool tubs.
World of Hyatt is alone in that it still uses an award chart to price redemptions, but Mr & Mrs Smith properties use dynamic pricing. This means you won’t be able to score a super-high-value redemption since you will be paying in points a rate that is tied to the cash rate.
Credit cards for booking stays in Fiji
If you want to bank a bunch of points quickly to get you to Fiji sooner rather than later, consider opening a credit card that earns points you can redeem at the properties you’re interested in. Here are a few options:
Hilton Honors American Express Card
IHG One Rewards Premier Credit Card
on Chase’s website
Marriott Bonvoy Bountiful™ Card
World of Hyatt Credit Card
on Chase’s website
Annual fee
Welcome offer
Earn 100,000 Hilton Honors Bonus Points after you spend $2,000 in purchases on the Card in the first 6 months of Card Membership. Offer ends 1/8/2025. Terms Apply.
Earn 140,000 Bonus Points after spending $3,000 on purchases in the first 3 months from account opening.
Earn 85,000 Bonus Points after you spend $4,000 in purchases in your first 3 months from your account opening.
Earn up to 60,000 Bonus Points. Earn 30,000 Bonus Points after you spend $3,000 on purchases in your first 3 months from account opening. Plus, up to 30,000 More Bonus Points by earning 2 Bonus Points total per $1 spent in the first 6 months from account opening on purchases that normally earn 1 Bonus Point, on up to $15,000 spent.
Still not sure?
Terms apply.
How to use miles to get to Fiji
While no U.S. carrier flies to Fiji, you can get to the best luxury hotels in Fiji via its national airline, Fiji Airways, which flies to Los Angeles, San Francisco and Honolulu with plans to add Dallas/Fort Worth soon.
The airline will soon use American AAdvantage as its loyalty program. This means members will be able to earn and redeem American miles as well as Loyalty Points and elite status when flying Fiji Airways. For example, a one-way flight in business class from the U.S. to Fiji costs 80,000 miles using AAdvantage miles. Once in Fiji, you can also use miles to connect to other islands or regions of the South Pacific.
To view rates and fees of the Hilton Honors American Express Card, see this page.
Mortgage-rate locks, which allow homebuyers to secure an interest rate for a set period, are generally a reliable indicator of purchase demand, with around 80% of rate locks leading to home purchases. “Most of the homes that are sitting on the market right now are second homes – especially those in the $400,000 to $800,000 … [Read more…]
Let’s dive into how interest rates are affecting the real estate market, particularly from an investor’s point of view. I’ll use an upcoming property purchase as an example to show how high versus low interest rates can make or break an investment.
Table of Contents
Video: Does it Still Make Sense to Invest in Rental Properties?
[embedded content][embedded content]
The Property: A Rough Aplex with Opportunity
I’m about to close on an 8-plex (eight-unit building) that’s seen better days. It’s a rough property, but it has a lot of potential. In real estate, you make money by adding value, and that’s exactly what I plan to do. In today’s high-interest-rate environment, it’s nearly impossible to make rental properties cash flow without taking steps to improve them, either by increasing rents or enhancing the property.
This particular property was listed on the MLS, and it’s a rare find in Northern Colorado. Even at $600,000, which is very cheap for an 8-plex in our area, the numbers aren’t great under current conditions. However, that’s why it’s available at a lower price—because it needs work. Let’s look at how interest rates play into the decision to buy a rental property like this one.
InvestFourMore Cash-on-Cash Calculator
How Interest Rates Impact Cash Flow
The cost of borrowing is a huge factor for investors. With interest rates as high as they are today, the numbers on many rental properties simply don’t add up. For this example, I’ll assume a $600,000 purchase price with a 20% down payment, though in reality, I often use private money and refinance later.
Purchase price: $600,000
Down payment (20%): $120,000
Loan amount: $480,000
Monthly rent: $4,000
With a traditional 20% down payment, this deal would be tough to justify right now. The property brings in $4,000 per month in rent, but the mortgage and expenses eat up nearly all of that income, especially with current interest rates. If you were to pay all cash for the property, your return on investment (ROI) would be an abysmal 2.2%, which is well below inflation and far from ideal for any investor.
InvestFourMore Cash Flow Calculator
Additional Costs to Consider
Investors should also be aware of additional expenses beyond the down payment. You’ll need to factor in closing and loan costs, which can add up quickly. These might include:
Appraisal fees
Prepaid interest
Insurance
Taxes
Loan origination fees
Title costs
Improvement Location Certificate (ILC)
In total, you’re looking at an additional 3% of the loan amount, or about $15,000, bringing your initial cash outlay to around $134,000. If you’re financing through a bank, you’ll also need reserves on hand to cover unexpected costs like vacancies or maintenance.
InvestFourMore Cap Rate Calculator
Ongoing Monthly Expenses
Here’s a breakdown of some estimated monthly expenses for this property:
Insurance: $500
Property taxes: $500 (this is in a small town, so taxes are relatively low)
Property management: Even if you manage the property yourself, you need to account for your time.
Maintenance: Given the rough condition of this property, maintenance costs could be high, particularly if the property isn’t fully renovated.
Vacancies: Vacancies are always a factor. Lower-quality properties tend to have more tenant turnover, while renovated properties attract longer-term tenants.
Before financing, this property is already costing about $2,900 a month to operate. If it brings in $4,000 a month in rent, that leaves just $1,100 a month in profit, or $13,200 a year. For a $600,000 investment, this results in a 2.2% ROI—not nearly enough to make it worthwhile.
The Impact of Financing
Let’s assume you take out a $480,000 loan with an 8% interest rate on a 30-year term, which is typical for investors right now. Your monthly mortgage payment would be approximately $3,522. Combined with the operating expenses of $3,000 a month, your total expenses are $7,000. Since the property only brings in $4,000 in rent, you’d be losing $3,000 a month!
If you plan to hold the property and fix it up, you might be able to increase the rents to $7,000–$8,000 a month. In that case, your cash flow would improve, but you’d still only be earning around $1,000 a month, or a 5% ROI—still not great for the effort and risk involved.
How to Qualify for a Loan on an Investment Property
When Interest Rates Drop
The real opportunity comes when interest rates fall. If rates were to drop to 5%, your monthly mortgage payment would decrease to around $3,000. Now, with $8,000 a month in rental income, your expenses would total $6,000, leaving $2,000 a month in profit, or a 10% ROI. This scenario shows how significantly lower rates can change the profitability of a property.
Building Equity and Future Appreciation
Beyond cash flow, there’s another reason to invest in rental properties: appreciation and equity growth. If I fix up the property and raise rents, other investors may be willing to buy it at a higher price, accepting lower returns in exchange for the improved condition and potential for future appreciation.
For example, if the rents reach $96,000 annually, and the property sells at a gross rent multiplier of 9, the value could increase to around $860,000. After accounting for $100,000 in repairs and additional closing costs, that’s a potential $316,000 gain in equity—a strong outcome for a value-add property like this.
Conclusion
Buying rental properties in today’s high-interest-rate environment is challenging, but there are still opportunities for investors who know how to add value and improve properties. High rates may deter some, but if you can weather the storm and improve the property, you stand to benefit from future rate cuts and potential equity gains. The key is finding the right property, knowing your numbers, and being prepared for the risks and rewards that come with real estate investing.
Do you want to get paid to give advice? A few years ago, I never would have thought that giving advice could turn into a way to make extra money. But after starting my website and sharing what I knew about personal finance, I quickly realized that I could make extra income. It’s amazing how…
Do you want to get paid to give advice?
A few years ago, I never would have thought that giving advice could turn into a way to make extra money. But after starting my website and sharing what I knew about personal finance, I quickly realized that I could make extra income.
It’s amazing how your skills, whether they’re in medicine, cars, law, tech, relationships, or anything else, can become a profitable business. I love helping others and, at the same time, earning money from what I enjoy!
In this article, I’ll go over:
Ways to get paid to give advice
Type of professionals that get paid to give advice
How to get paid giving advice online
How To Get Paid To Give Advice
Here’s a list of 16 ways to get paid to give advice.
1. JustAnswer
JustAnswer is a site that pays people to give advice and answer questions in different fields such as legal, tech, medical, veterinary, antique appraisers, and more.
If you’re an expert in a field that people usually have questions in, you can monetize your expertise on JustAnswer by sharing your expert opinion.
You may be wondering what kind of questions are asked on JustAnswer. Here are a few examples:
How much is my antique worth?
How can I lower my business taxes this year?
What can I do if a sinus infection won’t go away?
How do I fix my car’s alternator?
To get started on JustAnswer, you need to go through an application process (with a background check) and get verified that you’re an expert by providing proof of qualifications like degrees, certifications, or other relevant experience.
Recommended reading: 21 Ways To Get Paid To Answer Questions
2. Start a blog
I run a personal finance blog and share advice all the time (and I get paid for it!). Starting a blog is one of the best ways to share your expertise while creating a reliable source of income.
Sharing your expertise and knowledge with a blog is a great way to diversify your income. You can make money blogging by:
Affiliate marketing (where you get a commission when people make purchases through your links)
Advertising revenue
Sponsored content
Selling services like coaching
Selling products like books or courses
One of the keys to successful blogging is choosing a niche or topic that you’re both passionate about and that has an audience who wants to learn more.
Here are some popular blog niches you can try, depending on your expertise:
Education and career – If you have experience in teaching or career coaching, this niche can focus on helping others with their career goals, job interviews, or study techniques.
Personal finance – Share tips on budgeting, saving, investing, and side hustles. Many people are looking for ways to improve their finances.
Health – Topics like fitness, nutrition, mental health, and self-care are helpful.
Travel – If you love traveling, you can start a travel blog, sharing tips on budget travel, destination guides, family travel, or even remote work opportunities.
Parenting – This niche covers a wide range of topics, from newborn care and toddler tips to advice for teenagers. You can also write about balancing parenting and work or homeschooling.
DIY and crafts – Whether it’s home improvement, crafting, or upcycling projects, this niche is popular among creative individuals looking for inspiration and guidance.
Lifestyle – A lifestyle blog covers several areas like home decor, fashion, personal growth, and productivity.
Tech – If you’re knowledgeable about tech, you can give advice on the latest gadgets, software, app reviews, and even tutorials for beginners.
Beauty – This is a highly popular niche where you can share makeup tips, skincare routines, and product reviews.
Relationships – Help readers improve their relationships or personal growth by sharing advice on communication, self-improvement, or career development.
You can learn how to start a blog in the free How To Start a Blog Course.
3. Create an online course
If you’re looking for a passive way to make money by giving advice, creating an online course is a great way to do so.
My sister runs a popular online course and has done very well with it. Over the years, she has helped thousands of people with her business advice for website owners.
You can create a course on topics such as:
Meal planning and prep – Teach people how to plan meals, prep ingredients, and create healthy, budget-friendly meals.
Parenting tips – Help with topics like raising toddlers, managing screen time, or improving sleep.
Home organization – Help people declutter, organize their homes, and create better living spaces.
Fitness and wellness – Share workouts, stretching routines, or mindfulness practices like meditation or yoga.
Photography basics – Teach people how to use their camera or phone to take better photos. I recently saw a course teaching parents how to take better family photos with their phone, and it looked so helpful!
Gardening for beginners – Guide people through starting a garden, caring for plants, and growing their own fruits and veggies.
DIY home projects – Sell lessons on simple home improvement or crafting projects, like building furniture or making home decor.
Travel planning – Share tips on planning budget-friendly vacations, packing efficiently, and finding fun destinations.
Pet care – Teach new pet owners how to care for their animals, including training, nutrition, and grooming tips.
You can sell your online course on your website or course websites like Udemy, Skillshare, or Teachable (Teachable is my favorite course platform).
4. Answer surveys
You won’t get rich by answering surveys, but it’s an easy way to make money by giving your opinion.
Market research companies pay survey sites to find users to complete surveys for them. These paid online surveys help companies make better products and services.
Here are some of the recommended survey companies to sign up for:
American Consumer Opinion
Swagbucks
Survey Junkie
InboxDollars
Branded Surveys
Recommended reading: 12 Best Online Surveys For Gift Cards
5. User Interviews
User Interviews stands out from most market research companies because, rather than paying for typical online surveys, it specializes in focus groups.
This means they seek more detailed feedback from participants on different products and companies. Their studies are usually conducted via phone or video interviews, with the average study paying over $65.
Large companies like Spotify, Pinterest, GoPro, and Amazon use User Interviews to collect market insights. The platform runs over 2,000 studies each month, and last year alone, more than 77,000 participants were paid.
Michelle (my sister as well as the owner of this blog) participated in a focus group through User Interviews and earned $400 for just one hour of work. She said it was simple, and the entire process was completed online through a video call.
You can click here to sign up for free with User Interviews.
6. Financial advisor
Financial advisors are trained professionals who give financial advice to clients. You can make money as a financial advisor by charging fees for your services, receiving commissions on financial products, or both.
A financial advisor may help with financial planning, retirement, wealth management, insurance, investments, savings, and more.
To become a financial advisor, you need a combination of education and certifications. To get started, you’ll need a bachelor’s degree in finance, economics, accounting, or related field. You’ll also need an internship or entry-level job in finance, banking, or financial planning to get hands-on experience. Most importantly, you’ll need to get certified as a Certified Financial Planner and pass the licensing exams.
As of this writing, the average Certified Financial Planner’s salary is between $66,000-$122,000 a year.
7. Business consultant
One way to make money by giving advice is to start a consulting business and become a freelance consultant.
A business consultant is someone who uses their expertise to help companies improve their business, income strategy, and profitability.
Consultants get paid either by hourly rate, project-based fees, or retainer agreements. Business consultants can also make money by conducting training sessions and workshops for more money.
Business consultants are in high demand as businesses are always looking for ways to improve and make more money.
8. Personal trainer
If you love fitness and working with people, you can try making money as a personal trainer.
Getting a NASM personal trainer certification, which is one of the top certifications in the field is helpful. This is where you’ll dial in form, workout routines, and many other important fitness-related skills.
As a personal trainer, you can make money with one-on-one sessions, group classes, and even online training programs. Trainers typically charge per session or have package deals for multiple sessions. You can also make money by creating workout programs that people can purchase online.
9. Online coach
You can make money working as an online coach through digital platforms.
Some areas that you could coach on include:
Life coaching
Relationship coaching
Business coaching
Fitness coaching
Career coaching
As an online coach, you can make money with one-on-one coaching sessions, group coaching, or self-paced courses that people can buy directly from you. You can charge people one-time fees, package deals, or ongoing membership subscriptions for continued access to your guidance.
To grow your income, you can use social media platforms to build your brand and get people to trust you, such as by sharing helpful free tips in graphics or captions.
10. HelpOwl
HelpOwl is a platform where you can get paid to give advice online to individuals seeking help with different topics.
To get started with HelpOwl, register on the website and set up your profile. Your profile should showcase your expertise, skills, qualifications, and areas of advice.
You can also determine your fee structure for providing advice whether it’s per session or question.
11. Quora
You’ve likely heard of Quora since it’s a goldmine for getting any kind of question answered, but did you know you can make money with Quora?
Yes, it is possible to make money on Quora through a few different strategies.
Quora has a partner program that lets you make money by asking questions that generate high traffic and engagement to their website. You can get paid based on the ad revenue generated from the questions you ask.
Quora’s partner program is great for anyone who wants to become an online advice giver as you can share your honest opinion or answer a question in a simple comment.
12. Start a podcast
You can make money selling advice through a podcast.
This method of selling advice takes a lot of work but can be worthwhile if successful.
If you want to start a podcast to give advice, there are many great topics to choose from. You could talk about personal finance, relationship advice, or career coaching. Health and wellness podcasts are popular too, where you can cover fitness, mental health, and self-care. Parenting tips for new parents, small business advice, or life coaching are also good ideas. You could even share tech help, home improvement tips, or legal advice.
Whatever you pick, your podcast can help people improve their lives.
Once you build up your following, you can make money with ads and different sponsorships on your podcast episodes, along with affiliate links.
13. Start a YouTube channel
Starting a YouTube channel is another great way to get paid for giving advice, especially if you enjoy talking on camera.
I turn to YouTube all the time when I’m looking for answers and advice. It’s a helpful resource where I can find detailed explanations on just about any topic. Whether I need tips on personal finance, blogging, or even tech solutions, there’s usually a video that walks me through the steps. I love how I can watch experts in action, and it’s a great way to learn something new quickly and visually.
With YouTube, you can create videos in your area of expertise and build an audience of subscribers who value your knowledge. Whether you’re skilled in personal finance, cooking, fitness, or any other niche, there’s probably an audience looking for advice in a YouTube video.
To make money on YouTube, you can monetize your channel through:
Ads: Once you reach YouTube’s eligibility requirements, you can earn money from ads that play during your videos.
Sponsorships: Brands may pay you to promote their products or services in your videos.
Affiliate marketing: Include affiliate links in your video descriptions, earning a commission when viewers make purchases through your links.
Selling products or services: You can also use YouTube to promote your own products, courses, or consulting services.
Consistency is key on YouTube, so creating valuable, engaging content that resonates with your audience will help grow your channel and income over time.
14. Share advice on Fiverr
Fiverr is a great spot to sell your advice if you’re looking for an online job.
I searched on Fiverr and found 2,200 listings where people were offering to give advice. The topics included things like relationship advice, tax advice, fantasy football advice, blog advice, business advice, and more.
You simply create a profile and a listing where you share the type of advice you specialize in.
15. Website testing (such as with UserTesting)
Website testing is a simple way to make money by sharing your advice and providing feedback on the website user experience.
There are several well-known website testing sites including UserTesting, TryMyUI, and Userlytics. These sites connect you with people looking for user feedback on their websites and apps.
By using website testing platforms, selling expert advice, and building a strong reputation, you can successfully make money through website testing and sharing your insights.
16. Mystery shopping
Mystery shopping is a fun way to give your advice and feedback on a customer service experience, product, or store operations.
As a mystery shopper, your feedback tells companies how well their employees are treating customers, if customers are happy, and if any operational problems need fixing.
There are three different ways to make money mystery shopping including:
Cash and reimbursement (you’ll get paid to do the mystery shop, plus get the service/product for free).
Cash payment (an example would be a phone call mystery shop when you don’t buy anything).
Reimbursement (an example would be a restaurant secret shop – these typically don’t pay any money except for receiving free food).
BestMark is one of the biggest mystery shopping companies with a great reputation, and they have many different kinds of mystery shopping jobs available. Ath Power Consulting is another well-known mystery shopping company that has over 500,000 secret shoppers. They complete over 10,000 mystery shops each month, and they work with many popular companies.
Recommended reading: Want To Make An Extra $100 A Month? Learn How To Become A Mystery Shopper
Frequently Asked Questions
Below are answers to common questions about how to get paid to give advice.
Can you get paid for giving advice?
Yes, you can get paid for advising in many ways such as consulting (people pay for advice on specific topics), coaching (people paying for expertise in a certain area, like business, relationships, career, and life), and content creation (monetize your advice through blogs, podcasts, social media).
What type of professionals make money by giving advice?
The kinds of professionals getting paid to give advice include:
Consultants
Coaches
Financial advisors
Legal advisors
Counselors
Health experts
Tutors
Real estate agents
Educators
Creative professionals
Entrepreneurs
Public speakers
As you can see, the list is endless. By using the skills and knowledge you have, you can likely get paid to provide practical and personalized advice to people.
Can I sell life advice?
You can sell life advice if you have valuable life experiences that other people find helpful to learn from. People tend to hire life coaches, mentors, and advisors to help them with life challenges, achieve goals, and find purpose in their lives.
You can make money selling life advice in several ways including:
One-on-one coaching sessions
Online courses
Books
Blogs
Podcasts
Social media accounts
It’s important to identify your niche and who you want to help. For example, your target audience may be women looking for a career change or people who need help with relationship advice. Focusing on a specific niche will help you stand out from others and market your services more efficiently.
How can you get paid to give advice online?
There are many ways to get paid to give advice from your laptop. JustAnswer is a great way to get started getting paid to give advice and connect you to people seeking help in your field.
If you’re looking for a passive way to make money giving advice, create an eBook, course, blog, or podcast. You can make money by selling your products, advertising, using affiliate links, or creating sponsored content.
Can you get paid to give relationship advice online?
You can get paid to give relationship advice and dating advice by working as a relationship coach through platforms like BetterHelp (as a therapist) or via your own website. You’ll need specific credentials to work on sites like BetterHelp and Talkspace, whereas having a relationship blog doesn’t require certifications, but may be harder to make money at the beginning of starting your business.
How To Get To Give Advice – Summary
I hope you enjoyed this article on how to get paid to give advice.
If you have knowledge in a specific area, you can turn that into a business by giving advice. Whether it’s in fields like medical, legal, tech, personal finance, or relationships, there are many ways to get paid for your skills.
Plus, you can do this either part-time or full-time, so you can choose what kind of hours you want to work.
When people think of Houston, the bustling city center, the iconic skyline, and its thriving energy industry often come to mind. However, the essence of living in Houston extends beyond the city limits into the surrounding suburbs. These Houston suburbs offer quieter, more relaxed lifestyles while maintaining proximity to the amenities and opportunities of the city. From peaceful communities to waterfront retreats, each suburb offers a unique living experience.
In this ApartmentGuide article, we’ll explore some of the most notable suburbs surrounding Houston—highlighting key aspects like population, average rent, and what makes each area stand out. Whether you’re searching for the perfect apartment in Houston or curious about the various Houston neighborhoods, let’s discover the best parts of Houston to call home.
Cost of living in Houston
Before we dive into the top Houston suburbs, let’s cover how much it costs to live in the area. Houston’s cost of living is about 6% lower than the national average, making it an attractive option for those looking for affordability. The median sale price for a home in Houston is around $331,900, which is significantly lower than the national median of $433,156. Rent is similarly affordable, with the average rent for a one-bedroom apartment in Houston at $1,289, compared to the national average of $1,514.
While some suburbs around Houston offer more affordable options, others provide more luxurious living experiences. Here, we’ll explore a range of top suburbs, offering diverse lifestyle and housing opportunities to suit various preferences and budgets.
If you’re looking for more specific rental insights, check out our guides on the 11 Most Affordable Neighborhoods in Houston, TX for Renters in 2024 and the 11 Most Expensive Neighborhoods in Houston to Rent in 2024.
1. The Woodlands
Known for: Master-planned community, excellent schools, natural beauty
The Woodlands is one of the most popular and sought-after suburbs in the Houston area. Located about 30 miles north of downtown Houston, it’s a master-planned community known for its lush green spaces, high-ranking schools, and scenic trails. The Woodlands is ideal for outdoor enthusiasts, with over 200 miles of hiking and biking trails, along with a vibrant downtown area called Market Street, featuring shopping, dining, and entertainment options.
In addition to its natural beauty, The Woodlands is home to numerous corporate offices, including several energy and tech companies, making it an ideal location for professionals. The welcoming atmosphere, combined with upscale amenities, continues to attract new residents each year.
Population: 118,000 Average rent for a one-bedroom apartment: $1,297 Median home sale price: $592,500 The Woodlands transportation scores: Walk Score 18, Bike Score 45
Apartments for rent in The Woodlands, TX | Houses for rent in The Woodlands, TX | Homes for sale in The Woodlands, TX
2. Sugar Land
Known for: Historic charm, excellent schools, vibrant community
Located southwest of Houston, Sugar Land is a thriving suburb known for its strong sense of community and high quality of life. Sugar Land offers an excellent mix of historic charm and modern amenities, with a walkable town center filled with shops, restaurants, and entertainment options. The suburb is also home to top-rated public schools, making it a popular destination for those seeking an exceptional place to live. Sugar Land’s economy is diverse, with industries including healthcare, energy, and retail. Its well-maintained neighborhoods and numerous parks make it one of the most desirable places to live near Houston.
Population: 119,000 Average rent for a one-bedroom apartment: $1,886 Median home sale price: $447,250 Sugar Land transportation scores: Walk Score 28, Bike Score 37
Apartments for rent in Sugar Land, TX | Houses for rent in Sugar Land, TX | Homes for sale in Sugar Land, TX
3. Katy
Known for: Great schools, vibrant community, affordable housing
Katy, located west of Houston, is known for its welcoming environment, excellent public schools, and affordable cost of living. This growing suburb offers a variety of housing options, from large, newly built homes in master-planned communities to more affordable single-family homes and apartments. Katy ISD is one of the top-rated school districts in Texas, and the area features many parks, recreational facilities, and community activities. Katy’s proximity to major highways makes it easy for commuters to reach Houston’s downtown area.
Population: 21,000 (city proper) Average rent for a one-bedroom apartment: $1,382 Median home sale price: $369,000 Katy transportation scores: Walk Score 68, Bike Score 50
Apartments for rent in Katy, TX | Houses for rent in Katy, TX | Homes for sale in Katy, TX
4. Pearland
Known for: Growing economy, diverse community, suburban amenities
Pearland, located south of Houston, is one of the fastest-growing suburbs in the region. It offers a diverse community, excellent schools, and a wide range of retail and dining options. The city is home to several large employers and is just a short drive from Houston’s Texas Medical Center, making it a convenient location for healthcare professionals. Pearland’s housing market is varied, with both affordable options and upscale developments available. The suburb also features numerous parks, golf courses, and recreational facilities, making it a great place for those who enjoy outdoor activities.
Population: 128,000 Average rent for a one-bedroom apartment: $1,482 Median home sale price: $390,000 Pearland transportation scores: Walk Score 21, Bike Score 36
Apartments for rent in Pearland, TX | Houses for rent in Pearland, TX | Homes for sale in Pearland, TX
5. Cypress
Known for: Affordable living, strong schools, suburban tranquility
Cypress, located northwest of Houston, is a suburban area that offers a blend of affordable housing, high-quality schools, and a peaceful environment. It’s known for its master-planned communities, golf courses, and scenic parks. Cypress is a great option for those seeking a suburban lifestyle while still having easy access to the city’s amenities. The area is also home to several retail centers and restaurants, making it easy for residents to find entertainment and dining options nearby.
Population: 188,000 Average rent for a one-bedroom apartment: $1,443 Median home sale price: $375,000 Cypress transportation scores: Walk Score 52, Bike Score 37
Apartments for rent in Cypress, TX | Houses for rent in Cypress, TX | Homes for sale in Cypress, TX
6. Friendswood
Known for: Quiet atmosphere, excellent schools, strong sense of community
Friendswood, located southeast of Houston, is a quiet, residential suburb known for its community-centered living and excellent public schools. With numerous parks and a growing selection of retail and dining options, Friendswood is a highly desirable place to live. Its location, between Houston and Galveston, makes it convenient for those who enjoy quick trips to the coast. The city offers a range of housing options, from single-family homes to upscale developments, with a welcoming atmosphere that appeals to a wide range of residents.
Population: 41,000 Median home sale price: $347,450 Friendswood transportation scores: Walk Score 23, Bike Score 33
Apartments for rent in Friendswood, TX | Houses for rent in Friendswood, TX | Homes for sale in Friendswood, TX
7. League City
Known for: Waterfront living, access to boating and outdoor activities
League City, located southeast of Houston near Galveston Bay, offers a unique combination of suburban living with a coastal feel. The city is known for its waterfront properties, marinas, and access to boating and fishing. League City’s highly rated schools and growing economy have made it a popular destination for many professionals. In addition to its natural beauty, League City has a variety of parks, shopping centers, and entertainment options, offering plenty of activities without leaving town.
Population: 114,000 Average rent for a one-bedroom apartment: $1,246 Median home sale price: $395,109 League City transportation scores: Walk Score 24, Bike Score 34
Apartments for rent in League City, TX | Houses for rent in League City, TX | Homes for sale in League City, TX
8. Missouri City
Known for: Affordable living, suburban feel, strong amenities
Missouri City, located southwest of Houston, offers residents an affordable, suburban lifestyle with easy access to the city. Known for its peaceful neighborhoods and well-maintained amenities, Missouri City is a great option for those looking for more space without the high price tag. The area features numerous parks, golf courses, and recreational facilities, giving residents plenty of options for outdoor activities. Missouri City’s range of housing choices, from single-family homes to apartments, makes it an affordable alternative to some of Houston’s pricier suburbs.
Population: 75,000 Average rent for a one-bedroom apartment: $1,499 Median home sale price: $335,000 Missouri City transportation scores: Walk Score 25, Bike Score 34
Apartments for rent in Missouri City, TX | Houses for rent in Missouri City, TX | Homes for sale in Missouri City, TX
9. Tomball
Known for: Historic charm, small-town feel, growing community
Tomball, located northwest of Houston, is a rapidly growing suburb known for its historic charm and small-town feel. The downtown area features antique shops, local restaurants, and events like the Tomball German Heritage Festival, celebrating the area’s cultural roots. Tomball is popular among those looking for a quieter lifestyle, with highly regarded schools and plenty of parks and green spaces. With an increasing number of master-planned communities, Tomball is becoming a favorite spot for those looking for space and tranquility.
Population: 12,000 (city proper) Average rent for a one-bedroom apartment: $1,262 Median home sale price: $415,000 Tomball transportation scores: Walk Score 78, Bike Score 47
Apartments for rent in Tomball, TX | Houses for rent in Tomball, TX | Homes for sale in Tomball, TX
10. Clear Lake
Known for: Proximity to NASA, waterfront living, outdoor recreation
Clear Lake is a popular suburb located southeast of Houston, near the Johnson Space Center. Known for its proximity to NASA and the scenic Clear Lake itself, this area is ideal for those who enjoy waterfront living and access to boating and outdoor activities. The community offers a mix of residential neighborhoods and upscale waterfront homes. Clear Lake also features a strong job market, with many aerospace and tech companies nearby, making it a great choice for professionals working in the industry. With numerous parks, marinas, and shopping centers, Clear Lake provides a laid-back lifestyle with plenty of amenities.
Population: 83,000 Median home sale price: $312,000 Clear Lake transportation scores: Walk Score 38, Bike Score 46, Transit Score 2
Apartments for rent in Clear Lake, TX | Houses for rent in Clear Lake, TX | Homes for sale in Clear Lake, TX
Methodology: The suburbs included in this list were selected based on their overall popularity, determined by search trends and housing demand in the Houston area. Average rent and home sale price data were sourced from Redfin and Rent.com as of September 2024. Transportation data, including Walk Scores, Bike Scores, and Transit Scores, was sourced from WalkScore.
Decorating a rental bathroom can be tricky since you’re limited by rules that prevent permanent changes. However, with some creativity, you can still achieve the ultimate apartment bathroom makeover without risking your security deposit.. Check out these DIY upgrades and renter-friendly decor tips to elevate your bathroom into a space that feels like you, whether you’re living in a trendy downtown apartment in San Francisco, a charming coastal home in Miami, FL, or a rental house in Omaha, NE.
1. Maximize storage with over-the-door shelves
Storage is often limited in rental bathrooms, but Deborah Tayloe, published author and blogger at DIY Home Garden, suggests using the space above the door. “Storage is at a premium in an apartment bathroom—but look above the entry door for extra space. Adding a storage shelf to that spot is an easy DIY,” explains Tayloe. With a few drywall anchors, you can install a sturdy shelf to hold items like towels or toiletries in decorative baskets. This simple upgrade is functional and renter-friendly.
2. Style with coordinated textiles
Textiles are a quick and easy way to refresh your bathroom during an apartment bathroom makeover without making permanent changes. Michael Miller from Old Fashioned Bathrooms explains, “Shower curtains, bath mats, and towels can be utilized for a coordinated, seamless look to the bathroom without breaking the bank.”
You can even opt for patterned or bold-colored shower curtains to make a visual statement. Iker Rizo from Item International adds that a “shower curtain with bold patterns is a perfect way to add personality without altering permanent fixtures.”
3. Add adhesive tiles for an instant makeover
For renters who want to dramatically change the look of their bathroom, peel-and-stick tiles are an ideal DIY upgrade. Adam Morgan, creative director of ArchAdemia, shares his experience. “Stick-on wall and floor tiles completely changed my bathroom when I was working as a young professional,” says Morgan. These renter-friendly tiles can be removed without leaving any damage, making them perfect for transforming your space. Iker Rizo of Item International also chimes in and suggests using removable tile stickers to refresh outdated tiles or to create a focal point.
4. Use freestanding accessories for function and style
To avoid permanent installations, Michael Miller from Old Fashioned Bathrooms recommends freestanding accessories. “Opting for a freestanding toilet brush, toilet roll holder, or soap baskets are a great way to add a new level of luxury to a bathroom without making a mark.” These accessories can easily be added or removed without damaging walls or floors. A freestanding floor mirror can also make the bathroom feel larger.
5. Incorporate elegant storage solutions
For a blend of function and style, Halie Molino from Pacific Candle Company in Huntington Beach, CA suggests using woven baskets for your apartment bathroom makeover: “Opt for elegant storage solutions like woven baskets for a chic and practical vibe.” These baskets can be used to store towels, toiletries, or even small decor items, giving your bathroom a more organized and luxurious feel.
6. Install adhesive floating shelves and hooks
If you need more storage but don’t want to drill holes, adhesive-mounted floating shelves are a great option. “Use adhesive, non-damaging hooks or floating shelves to add extra storage without drilling holes,” Raf from Meble Furniture in North Carolina recommends. These shelves provide space for storing daily essentials or displaying decorative pieces, and they’re easy to remove when you move out.
7. Elevate your lighting with stick-on fixtures
Lighting can transform the mood of a bathroom, and Jennifer Zuber from Point Electric weighs in on this for your apartment bathroom makeover. “Consider using battery-operated stick-on wall sconces or sleek LED lights for a quick and easy lighting upgrade.” These renter-friendly fixtures don’t require any hardwiring and can easily be installed or removed. Add dimmable bulbs for a relaxing ambiance that makes your bathroom feel more luxurious.
8. Optimize your space with clever storage solutions
Gary Svare from Polar Tool & Supply offers a clever tip for extra storage in small spaces. “Choose a shower curtain with built-in storage pockets to keep bath essentials like shampoo, soap, and razors organized and within easy reach.” This practical solution is renter-friendly and won’t take up additional space.
Joyce Wheeler from Tri-Parish Decluttering also suggests using under-the-sink storage organizers in various styles, providing a practical solution to keep essentials neatly stored while enhancing the overall look of your bathroom. Additionally, Iker Rizo recommends installing an over-the-toilet storage rack to maximize vertical space and keep items organized without the need for permanent installation.
9. Refresh your bathroom with custom mirrors
Mirrors are a simple way to add personal style to your bathroom, especially during an apartment bathroom makeover. Andrew Chung from Space Saver explains, “One of the most cost-effective ways of adding personal character to a rental bathroom is to swap out the mirror.” Decorative mirrors or ones with unique frames can add warmth and texture to your bathroom. Pair them with a floating shelf nearby to create a functional and stylish focal point.
Photo courtesy of Space Saver
10. Add coastal vibes with removable decor
If you want a themed bathroom, Laurelle Crossland from Loyal to Nature suggests creating a coastal oasis with renter-friendly elements. “Choose towels and bath mats in ocean hues or stripes. Add serene coastal prints in moisture-resistant frames and use seagrass storage baskets for stylish organization,” says Crossland. Peel-and-stick wallpaper in coastal patterns can also provide a quick and renter-friendly upgrade.
11. Upgrade your shower experience
Swapping out the shower head is a quick and renter-friendly upgrade to enhance your apartment bathroom makeover. Jean-Jacques L’Henaff, leader of LIXIL Global Design at American Standard suggests swapping your basic shower head for a luxurious one to enjoy a more refreshing shower experience. This simple upgrade enhances both style and comfort without any permanent changes. Adding a bidet seat to the toilet can also elevate the bathroom’s functionality and hygiene.
12. Create a relaxing atmosphere with custom fragrances
Adding a calming scent to your bathroom is a simple way to create a more inviting space. Kelsey from Elm Candle Bar in Seattle, WA, recommends “a custom home fragrance” to add elegance. “Our luxurious coconut-apricot candles add a soft glow yet strong fragrance for a touch of warmth,” she explains. Whether it’s a candle, diffuser, or room spray, adding scent can make your bathroom feel like a spa retreat.
13. Stay organized with professional touches
Maintaining an organized bathroom can make a huge difference in your apartment bathroom makeover, helping create a calming environment. Ohio-based professional organizer Tina Mader from Square1 Organizing advises, “A professional organizer can help whip up custom organizing magic just for you.” By organizing your daily essentials, you can create a bathroom that’s both functional and relaxing.
Renter-friendly apartment bathroom makeover ideas: wrapping up
Renting doesn’t mean you have to sacrifice style or functionality in your bathroom. With these creative, renter-friendly bathroom decor ideas, you can easily upgrade your apartment bathroom without making any permanent changes. From smart storage solutions to simple lighting upgrades and DIY decor, there are countless ways to personalize your space and make it feel like home.
Update 9/19/24: Deal is back and valid until November 18, 2024.
The Offer
Check your Citi Offers for either 2.5% or 4% back at the Giant or Stop & Shop grocery chain. Offer can be used up to 12 times with max cashback total of $30.
The Fine Print
May be redeemed 12 time(s) by the offer end date.
Max award is a $30 statement credit.
Offer is nontransferable and the enrolled card must be active and in good-standing in order to be eligible for an award. Offers cannot be combined or stacked with other offers. If a merchant processes your online order in separate transactions, you may only earn an award on the first processed transaction if it meets all other offer criteria. Other exclusions and restrictions may apply. We may determine that certain offers are ineligible for an award. We may, in our sole discretion, suspend or deny your eligibility for all or part of the merchant offers program at any time without advanced notice to you.
Our Verdict
Grocery deals are always nice. This one has a respectable $30 max cashback for some real savings.
Frequentmiler notes that there’s also a Rakuten in-store cashback offer for Stop & Shop, as well a SimplyMiles offer. Those two run on the same network so you’ll have to choose which one of those you want.