Tips For The First Time Property Investor

September 27, 2021January 5, 2023 Looking for the LightLeave a comment

Buy to rent has really become an invaluable asset for the last 20 years or so. Many individuals are turning their hand to this form of investment so that they can get a major source of income. Right now, market confidence is high and the property market is certainly looking bright too. If you are thinking about making a property investment then believe it or not, now is certainly the right time. If you are a first-time investor then it helps to know where to start so that you can make yourself aware of the decisions you are going to have to make when buying a property so that you can come out on top overall.

Before you do anything, you have to make sure that you do all of the right research. If you are a first-time investor, then you need to make sure that you think about which property is right for you and even what you can achieve from it. It doesn’t matter whether it’s capital growth, rental income, or even a mixture of both. At the end of the day, there are many different types of property out there for you to buy and it helps to consider things like renovation and even what type of tenant you are hoping to achieve. By doing this, you can then begin to get the best result out of your investment and the goals that you set for yourself overall. If you want to make a smaller property investment, why not look into bungalows for sale?

The location that you choose will make all the difference between a successful investment and an unsuccessful one. Some investors choose to actively limit their property search to areas where they live so that they can have some peace of mind. It may be wise to consider some of the other areas if you want to maximize the returns you are going to get. Do your research and find out how you can capitalize on the highest amount of profit depending on the city you choose to invest in. Check out this article by Reed Pirain on the best metro area for first-time buyers for more insights into this

If you do this well, then there’s no reason at all why you shouldn’t be able to come out on top.

You have to know that purchasing a buy to let property is very different from buying a home for yourself. If you are looking to try and attract young professionals or even students as your tenants, then you need to try and think about all of the amenities that are likely to appeal to your market. Bars, shops, schools, restaurants, or anything else of the sort can easily increase your rental yield by a huge amount. While these factors might not be something that you personally look for when buying a home, you may find that it is in fact a deal-breaker for any potential tenants.

There is absolutely no doubt that buy to let can be profitable, to say the least. A lot of landlords will use the properties that they have as their sole source of income. Increasing your portfolio will give you the chance to maximize the returns that you have but at the same time, you have to make sure that you have a good outlook when it comes to your finances. You have to make sure that you make a budget and that you plan how much you can afford or borrow. It doesn’t matter whether you are a cash buyer or whether you have a buy to let mortgage because there will be various tax implications that you need to keep in mind.

Ultimately, it is very crucial for you to decide what kind of property landlord you would like to be. If you want to remain more hands-on then you will need to try and find tenants, conduct any viewings, and also maintain the property as well. If you are a hands-on landlord then you will be able to save some money by simply opting for a DIY approach. This will give you some extra responsibility, however, and you may not be able to manage all of this. If you are time-limited or if you have a lot of properties, then you may want to think about adopting a more hands-off approach instead. If you are willing to pay a small fee, then there are tons of letting agents out there that will manage your property and you won’t have to get involved at all with the day to day dealings of having a tenant. This includes any ongoing maintenance, viewings, paperwork, and more. So many landlords prefer to go down this route because it gives them way more time to focus on some of the other ventures. It also helps to try and start out slow so that you can build gradually as well, so keep this in mind if you can.

Knowing what you want will really help you to create a nice and coordinated time frame for your achievement. If your objective is to try and make a return in a very short space of time, then it may be wise for you to flip properties instead. This may sound like the best way forward but at the end of the day, it does put you at a very high level of risk. If you want a high return over a much longer period, then buy to let may be a much more suitable option. Yields of around 12% can easily be expected, but of course, you do have to think about things such as vacancy rates and even maintenance costs as well.

Try and make sure that you don’t use more than 50% of your mortgage when financing a property. This may be difficult when you are first starting out but as you explore the idea of property investment, even more, you will soon find that you can make it more feasible. Even though there is a lot of surface attraction with mortgaging, you have to remember that it is in fact a bad idea. The longer you carry on this way, the more pain and stress it will cause you at a later date.

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Even though a shared mortgage can give you the chance to take out an even bigger mortgage, they do require one person to be the main borrower. The other person will then borrow less. The person who has the highest income will usually be the core borrower. If you have a lower credit rating, then you may find that your interest rates are much higher as well and this is the last thing that you need. Shared mortgages tend to allow for one property owner as well so arranging all of this can be a stressful and daunting process.

It’s also very helpful for you to constantly review your plan. Keep some clear notes of your process and also make sure that you plan at least 6 months in advance as well. You have to remember that no two six-month periods are the same, so you have to make sure that you are able to adjust your investment according to property prices rising and falling. If you can do this, then you will soon find that it is easier than ever for you to reap the benefits.

If you do not have enough confidence in the world of domestic property, then why not try and use foreign currencies to your advantage? At the end of the day, there are so many markets out there that don’t require as much investment, but that can easily give you a much higher yield. You have to make sure that you don’t just look at the value or even the potential of the property. Instead, think about the economy, the stability, and the political state of the company too. If you know that there is a tourist hot spot then this could indicate that the market is lucrative. Overseas hotspots include Berlin, Sofia, Sao Paulo, and even Istanbul too.

You have to know that timing is everything when it comes to investments. Knowing when you need to exit is half of the job. You have to make sure that you keep an eye on the market and you also need to know when to pull out of a certain investment too. If you have a valuable workplace exit strategy, then this will save you a lot of time and effort when the time comes for you to liquidate. Remember that the property market gives you way more data now when compared to just a few years ago. Keep track of it and take your time but never make any knee-jerk reactions. If you do, then you will soon find that you are able to make better decisions and that you can also stabilize your investment too.

This is a collaborative post.

Melinda

Are You Trying To Protect Your Business From The Pandemic?

September 27, 2021 Looking for the LightLeave a comment

As COVID-19 continues, it’s time to look at how to protect your business from the damaging effects the virus and the lockdown may have. While many people were recently relieved that things looked set to go back to normal or at least into the “new normal,” unfortunately, it was short-lived as the coronavirus case numbers have increased again, and drastic action has to be taken. You may have learned lessons from the first lockdown, whether it is things you should have done, done differently, or not done at all. The critical thing is that this time you will know what to expect and work as best you can to protect your business. So, what this time.

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Most businesses experienced their employees remote working in some way during the first lockdown, so they will be used to the process and know what works best for them. Some of your employees are best getting up and showered and dressed in their work clothes to get in the work mindset, while others find they work better in their comfy clothes and sat on the sofa. That’s for your employees to work out, but at least this time, they can be prepared either way, or they can try working a different way this time if they felt they weren’t in a good enough routine last time. As an employer, make sure that you have sufficient support networks in place for your employees; this means regarding technology and work materials and equipment that they need, but also, you need to be more aware of their mental health this time around. Many people’s mental health is deteriorating the longer that the pandemic goes on, and the more issues they have to deal with. Make sure they know they can talk to you if they need to and that you check in on them while they’re working from home.

You can take this time now to plan your next return to work, and while this means deep cleaning, disinfecting the office, calling in the Renew Crew to do a power wash, and maybe putting in more social distancing measures and hand sanitizing stations, it also means preparing your business for something new and different because the world has changed. Now it’s worth looking at next year’s plan rather than trying to save this year’s. Despite how it may seem, you’re actually in a good position now as you can adapt to respond meaningfully and creatively to the current marketplace. For example, marketing campaigns and images will need to include people wearing face masks and respecting social distancing. Take the time to think carefully about which direction you want to take your business in and understand what’s needed to bring solutions to the problems and overwhelming challenges your customers are facing.

If your business struggled during the first lockdown, then you need to be more careful this time. Of course, this goes without saying, but it’s knowing how to be more frugal that’s important. Do you know how you can maximize your profit margins? While it might seem like a good time to get certain jobs done, it is important to control your spending during this time and to put away any extra cash you can. Find out what you’re entitled to in terms of deferrals on rent and loans, and if there’s any way you can save money on your suppliers, then do so. Find out what other funding is available to you or if there are any temporary loans you can apply for.

If COVID-19 has taught us anything, it’s that you never know what’s around the corner. If you want to protect your business, then you need to be prepared for anything and everything. This isn’t an easy thing to do while trying to run your business, but if you are on top of your finances and know what your business can take and what it can’t, then you can make plans. Try to think of every scenario that you can, and don’t forget to factor in what could happen to the third parties you rely on to keep your business running and providing a service to your customers. While your business may have a good chance of making it out the other side, some of the businesses that you work with and rely on might not be so lucky, so make sure you have a contingency plan just in case.

This is a collaborative post.

Melinda

Health and Wellbeing

Tips For Making Better Life Decisions

September 27, 2021 Looking for the Light5 Comments

Every single day of our lives, we are making choices about our future. Whether we like it or not, there is no getting away from the choices we have to make and so the best thing that we can do is be smart about those decisions. You don’t have to be a decisive person to know what you want in life, but have you thought ahead? Not just for your career, but for your distant retirement? Have you considered where you’d like to travel and where you want to live? These are the biggest decisions that you’ll make in life, but you need to make those decisions with great thought. Every single time you choose something to do in life, it’s got to align with your life goals, but that’ll only work if you know what your life goals are.

There will be moments that you think that you are making the wrong choices, but the honest truth is that there is no such thing as a wrong choice. Everything you choose to do will eventually lead you in the right direction, whether it’s about your future senior care options or your job prospects. The key is in weaving away from the impulsive decisions and thinking better about each decision. Let’s take a look at six tips that will help you to choose better things in your life.

Always Be Aware Of Your Own Goals

It’s so hard to make choices for yourself when you are busy thinking about everyone else around you. You should always be aware of the decisions that you want to make for yourself based on what YOU want. The best way to make any decisions is to keep your goals at the forefront of your mind at all times. If you know you want a comfortable retirement one day, base your choices on how you can have that comfort. If you know you want a house of your own one day, start saving some of your income now.

Get Advice, Choose Your Own Path

You can ask everyone you know what you should do about XYZ, but that doesn’t mean that you have to ever take anyone else’s advice. You should always go with your gut. No one but you knows what you feel day to day and no one else is living your life. If you’re going to ask for advice, be prepared to hear different opinions but when it comes down to it, the only opinion that counts? It’s yours.

Listen To Your Instinct

Every decision that you make needs to match your instincts. If you want to know that you have money set aside for in-home senior care one day, saving it up is a must. If you want to make sure that you don’t have to sell your home for your future, start being smart about your investments. Life is a big deal as it is, and you should always listen to what your instincts are telling you to do. Going with your gut isn’t a bad thing. In fact, it could lead you to some amazing experiences in life.

Mind Your Frame Of Mind

It’s so much easier to make destructive decisions when you are in a bad mood or a poor frame of mind. If you want to make good decisions, you need to know that you are in the right mood for it. Never make any decisions about changing your life if you are currently angry with your boss or dealing with rubbish from your landlord. There are so many ways that you can make a bad decision, so wait until you know you are thinking straight before you make a choice.

Believe In Yourself

You really have to make a choice and not question it. Trusting yourself can be the hardest part of making a decision and the person that you need to trust before anyone else is yourself. Trust that you know what you want and you can make the best decisions for yourself.

Practice Making Those Decisions

The only way to be better at making the right choices for you is to practice doing it. You should make this a part of your daily routine and be more confident in your actions as a result. Over time, you’ll feel way more in control of the choices that you make for your future. You deserve to know what you want and you deserve to grab it all with both hands. Don’t be afraid!

This is a collaborative post.

Melinda

Health and Wellbeing

First Time Home Renovator? What To Know

September 26, 2021 Looking for the Light1 Comment

Home renovation is an exhilarating, frustrating, emotional, challenging, and often addictive process. The journey of seeing a house go from unloved wreck to home of your dreams is a feeling quite unlike anything else. Getting there can be quite the ride, but you may find that you love the end result so much you’re soon itching for your next big project. There are many reasons to renovate an older home. Generally speaking, you can get much more for your money and it may enable you to buy a bigger plot or in a nicer area that would normally have been just out of your budget.

If the property is liveable, you can then give yourself some extra time to save up the money needed for construction work. It can also prove a good investment – if you buy at the right price and are able to make the renovation budget work, and you don’t overdevelop the property when it comes time to sell hopefully you will have made a profit. It’s also a chance to design and develop a home exactly as you want it, specific to all your own needs and preferences. There are a lot of plus points to renovating your first home. On the other hand, being prepared is everything, or first-time renovation projects can be quite a shock. The expense, noise, mess, unexpected problems, and missed deadlines can be enough to put some people off for life. So how do you get ready for renovation if you’ve never done it before? And what do more experienced home renovators wish they had known before their first project?

It may not be very romantic to hear, but everything within your project is driven by one factor: budget. There’s no denying the extensively redeveloping property is hugely expensive, so understanding from the outset exactly what your renovation budget is, and estimating realistically are vital. After all, no one wants to run out of cash part way through a building project. It’s quite likely you may have to scale back some of your expectations, especially on a first project, when you’re unlikely to have huge cash reserves to fall back on. Plan out the projects you want to do in phases, in order of how urgent they are. You may have to wait a while between phases if you need to save up more money or secure a loan for the building works. Keep a close eye on the budget during the project and remember that the small things can be expensive and quickly add up.

Decide in advance what features of the renovation are an absolute deal-breaker for you, and what you will be prepared to compromise on if you have to. Always create a contingency fund. It’s likely that there may be unforeseen issues that pop up during the course of the project – especially with older properties – that you haven’t budgeted for, so this margin could save you. You may find yourself having to pay for additional structural work, new electrics, or even things like local pest control. And if by some miracle, you don’t spend it, it can be spare cash to spend on the final decorative touches. Remember that it is possible to save money on a home renovation. Learning to DIY some of the slightly easier bits yourself can be very cost-effective, so jobs such as painting, adding skirting, etc are all easy wins. Shop around for everything, from equipment hire to kitchens, to get the best price, and consider what preloved elements you could either reuse from the original property or source elsewhere.

The key to a successful renovation is to find a new layout that works. You will either be working within the original floorplan of the house, but with the option to remove and add walls and reconfigure the space – or you may be extending your home to add on additional space. You’ll be surprised what the right layout change can do to transform both the feel and the usability of a property – for example, opening up a maze of little rooms to form a free-flowing, open-plan space. If you do want to keep smaller rooms, there are lots of tricks to make them appear more spacious, from the clever placement of mirrors to dressing the windows so that they look taller and choosing paint techniques that make the room look bigger.

It’s a time in your life you will always remember, so be prepared, do your research and embrace the chaos – your ideal home is now within reach.

This is a collaborative post.

Melinda

Celebrate Life · Fun · Mental Health

Today in History

September 26, 2021 Looking for the Light1 Comment

Welcome to the weekend edition of Today in History. I’m so glad you’re enjoying the post. Have an awesome weekend.

1960

Kennedy and Nixon square off in first televised presidential debate

For the first time in U.S. history, a debate between major party presidential candidates is shown on television. The presidential hopefuls, John F. Kennedy, a Democratic senator of Massachusetts, and Richard M. Nixon, the vice president of the United States, met in a Chicago studio to discuss U.S. domestic matters.

1580

Francis Drake circumnavigates the globe

English seaman Francis Drake returns to Plymouth, England, in the Golden Hind, becoming the first British navigator to sail the earth. On December 13, 1577, Drake set out from England with five ships on a mission to raid Spanish holdings on the Pacific coast of the New World. …read more

1820

The famous frontiersman Daniel Boone dies in Missouri

On September 26, 1820 the pioneering frontiersman Daniel Boone dies quietly in his sleep at his son’s home near present-day Defiance, Missouri. The indefatigable voyager was 86. Boone was born in 1734 to Quaker parents living in Berks County, Pennsylvania. Following a squabble …read more

1928

Work begins at company that designs first mass-produced car radios

On September 26, 1928, work begins at Chicago’s new Galvin Manufacturing Corporation. (The company had officially incorporated the day before.) In 1930, Galvin would introduce the Motorola radio, the first mass-produced commercial car radio. (The name had two parts: “motor” …read more

1888

T.S. Eliot is born

Poet T.S. Eliot is born in St. Louis, Missouri, on September 26, 1888. Eliot’s distinguished family tree included an ancestor who arrived in Boston in 1670 and another who founded Washington University in St. Louis. Eliot’s father was a businessman, and his mother was involved …read more

Melinda

Health and Wellbeing · Men & Womens Health

How To Stay Calm When Moving To A New House

September 25, 2021September 25, 2021 Looking for the Light1 Comment

Moving to a new home can often seem like an absolutely enormous task, as there are just so many different responsibilities you have to think about at any given time during your project. Luckily, keeping calm throughout your home move needn’t be as difficult as you might think, as there are a few simple tips and tricks that you can make the most of to ensure everything goes to plan. So, if you would like to find out more about how you can take the stress out of your move, then read on to uncover some of the best steps that you can follow now!

Don’t Be Afraid To Ask For Help

Struggling through such a large task by yourself is bound to become a laborious and draining exercise, so you needn’t be afraid to ask for help. Whether you reach out to family and friends to ask a favor or seek some specialist professional support, don’t make the mistake of tackling every step on your own. You can find friendly estate agents to help you uncover the ideal property, visit a reputable vehicle relocation site like https://carsrelo.com/ that can transport your car to your new home, hire some handy tradesmen to tackle any decor or engineering tasks, and even enlist the services of a stylish interior designer!

Plan Every Detail

Far too many people make the mistake of simply diving headfirst into a home move by facing different tasks whenever the dire need arises, but one of the best things you can do to reduce your stress is to plan each and every detail. It’s a great idea to take a notebook or utilize a digital alternative on your smartphone, writing down each task (such as payment deadlines, move-in dates, change of mailing addresses, etc). Search online to find inspiration for what to include on this list, as there are many helpful resources that can help to make sure that you don’t forget any of the essentials. You can tick off each task as you go to encourage you to stay motivated and identify which steps remain to reach your ultimate goal.

Take Some Time Out

Moving to a new home can be a totally consuming process, as it’s such a huge life change that will no doubt affect the way that you lead each day. Letting yourself get too involved with your move will raise your stress levels and inspire you to think of nothing else, so you should take some time out every now and then to relax and unwind. Whether you decide to have a long hot bath, a session of meditation, or a walk around your local park, just having the opportunity to take your mind off your project will do you good.

Keeping calm when moving house has never been so simple when you are able to make the most of the top tips and tricks detailed above! Stay cool and collected whilst you start a new chapter.

This is a collaborative post.

Melinda

Health and Wellbeing · Men & Womens Health

What Type Of Home Should You Consider When Buying For Your Family

September 25, 2021 Looking for the Light4 Comments

Every family needs a safe and secure place to call home – this is why housing is a significant global issue, as many families seek decent and affordable accommodations. According to the World Property Journal, the US real estate market is worth about $33.6 trillion. There are several residence options suitable for families. Are you keen to learn about the different types of homes best suited to your family? Here are six home types you should consider.

Single-family homes are one of the most popular housing options among American families. These homes are designed for one family only. There are numerous benefits of single-family homes that make them worth considering. They offer more privacy than other housing options since you do not share any walls. Personalizing your landscape in a single-family home is even more effortless compared to other home types. Therefore, it would help if you consider single-family housing when looking for your family’s perfect accommodation.

A condo living space is a single unit in a larger building or housing community. Condos are usually located in the heart of cities, unlike many single-family homes and apartments. The benefits of condominium living are worth considering for your family. Condo residents typically enjoy easier access to major roads and public transport systems. Convenience is another key benefit of condos because facilities like malls are easily accessible due to the dense area population. There is an excellent provision of security in condo buildings due to the presence of round-the-clock security personnel. Many families that chose condos agree that it is a great place to raise kids because of child-friendly amenities and vibrant community life.

Apartments are living spaces within larger buildings and housing communities, differing from condos because you would have to pay rent. Apartments provide a cost-effective housing option for families, as the exorbitant home prices on the market are overwhelming for many. The perks of apartment living include access to amenities like pools and gyms, which single-family homes usually do not have. You can also have quality family time since you do not have to spend time on yard work, as apartment owners hire professionals to take care of the property. The apartment home is also financially flexible, as the rent is usually yearly. Not owning the place also allows you to relocate should the need arise.

Statista data projects that US multifamily buildings will be worth almost $80 billion by 2022. Multi-family homes are single buildings with more than one dwelling unit that serves as homes to one or more families. Duplexes and triplexes are typical examples of multi-family homes. These units differ from condos because the various units cannot be purchased, as one person owns the building. It would be best to choose multi-family housing as a long-term investment to give you rental income. This rental income will increase your cash flow and help you to defray your housing cost. Also, multi-family homes allow for comfortable living with other family members together but separately. Securing a multi-family home mortgage is also easy because of your potential to generate income as a landlord. If you want to make and save money, these homes would be the perfect choice for you and the family.

A 2016 study showed that the ranch-style home is the favorite of American homeowners, being the popular pick in thirty-four states. These houses are known for their simple single-story design, with low-pitched roofing, plenty of windows, and attached garages. Many homeowners mentioned the size, layout, and functionality as elements they like about this type of house. Ranch homes have open floor plans, meaning living spaces are not too compartmentalized. The typical ranch house design offers a seamless transition between the indoors and outdoors due to many windows and glass doors that lead into your backyard. Also, ranch homes are easy to maintain and energy-efficient. It would be best to consider ranch housing if these features and benefits appeal to you and your family.

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Townhomes allow you to experience both condo living and single-family housing in one building. They are usually described as a single-family home sandwiched between or next to similar single-family homes. Unlike the condominium residents, townhouse residents own both the interior and exterior space. But, like condos, there are little maintenance responsibilities. Townhome communities are also safe, peaceful, and quiet. These homes cost less than houses, and many real estate experts agree that they are better investments than apartments. Finally, consider townhouse living because of your access to many amenities and recreation opportunities.

This is a collaborative post.

Melinda

Celebrate Life · Fun · Health and Wellbeing · Men & Womens Health

Fun Facts That Will Amaze You

September 25, 2021May 22, 2025 Looking for the Light11 Comments

You may learn interesting information and chances are you will laugh at least once.

American flags left on the moon will eventually get bleached white by the sun.

While they are hibernating, bears do not urinate. Their bodies convert waste into protein.

White-faced capuchin monkeys greet each other by sticking their fingers up each others’ noses.

Gummy bears were originally called “dancing bears.”

New Zealand has more cats per person than any other country in the world.

The hagfish is the only animal that has a skull but no spine.

People weigh less if they stand at the equator than if they stand at the North or South poles.

At their closest points, the U.S and the Soviet Union are over 2 miles (3km) apart.

The yo-yo was originally a weapon used in the Philippine jungle.

Victor Hugo’s novel Les Miserable contains a sentence that is 823 words long.

Enjoy!

Melinda

Celebrate Life · Fun

#Weekend Music Share *Twisted by Ray Charles and Blues Brothers

September 24, 2021 Looking for the LightLeave a comment

I’m so glad you’ve joined me this week for another edition of Weekend Music Share.

Welcome back to Weekend Music Share; the place where everyone can share their favorite music.

Feel free to use the ‘Weekend Music Share‘ banner in your post, and don’t forget to use the hashtag #WeekendMusicShare on social media so other participants can find your post.

Melinda

Men & Womens Health · Mental Health

Drew Barrymore Relives Childhood Trauma as She Tears up during Mental Health Institution Visit

September 24, 2021 Looking for the Light1 Comment

Amo Mama

Gaone Pule

Actress Drew Barrymore recently visited a mental health institution where she was placed by her parents when she was a teenager, and she got emotional during the visit.

“Charlie’s Angels” star Drew Barrymore took a tour of Los Angeles in celebration of the premiere of Season 2 of “The Drew Barrymore Show” and stopped by the institution where she spent time as a minor.

Drew, now 46, recalled her childhood experience in recent video footage and discussed how it shaped her into the woman she is today.

Drew Barrymore speaks onstage during the Building a Brand in a Mobile-First World panel on the Times Center Stage on September 27, 2016 in New York City | Photo: Getty Images

The California native tearfully shared how she ended up at the institution, detailing her vivid memories of the unfortunate events:

“I was a real wild child, and I just got so out of control that no one knew what to do with me. They drove me here in the middle of the night.”

Actress Drew Barrymore attends Netflix’s “Santa Clarita Diet” season 3 premiere at Hollywood Post 43 on March 28, 2019 in Los Angeles, California | Photo: Getty Images

Drew explained they escorted her through the two doors of the building entry, and she said when an individual goes through them, they do not come out. The now director revealed she was there for a year and a half.

Drew previously opened up about being admitted to Van Nuys Psychiatric Hospital when she was 13 years old for 18 months. She disclosed that those in the facility were thrown in the padded room or put in stretcher restraints and tied up.

The star said it dawned on her when she realized that her mom locked her up in an institution but that it did give her much-needed discipline.

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A post shared by Drew Barrymore (@drewbarrymore)

The movie star explained she shared her story with her talk show audience because they have helped her recognize that we all experience challenges in life.

The Golden Globe winner was treated for alcohol and drug addiction at the institution, and in an exclusive interview with The Guardian, she described that time in her life as her lowest point. When asked what happened, she said:

“Just knowing that I really was alone. And it felt… terrible. It was a really rebellious time. I would run off. I was very, very angry.”

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A post shared by Drew Barrymore (@drewbarrymore)

She said the root of her anger was because her parents were not there for her. Her father, actor John Drew Barrymore was a violent alcoholic, and her mother and manager, Jaid Barrymore, was herself a wild child with little knowledge of parental responsibility.

After her parents divorced, the “50 First Dates” star was only nine years old when her mom took her to Studio 54, where she was introduced to drugs and encouraged to dance with famous young men.

At age 14, the child star was legally emancipated from her mother and revealed Jaid, 75, lost all credibility as a mom for introducing her young child to the partying scene. However, she admitted that having been committed to a facility was what she needed.View this post on Instagram

A post shared by Drew Barrymore (@drewbarrymore)

When asked if Jaid told her about it prior, she said she did not and admitted she would have probably run away. Drew added her mom did go and visit her while at the institution.Read also

HOLLYWOODSEP 03, 2021Drew Barrymore’s TikTok Debut Dressed as Her ‘Never Been Kissed’ Character Has Fans in Stitches

The star said it dawned on her when she realized that her mom locked her up in an institution but that it did give her much-needed discipline.

Furthermore, the producer explained she understood why her mother had her committed because her upbringing was not normal. Therefore, something had to give for her to get her life back on track.View this post on Instagram

A post shared by Drew Barrymore (@drewbarrymore)

Shortly after being released from the facility, she opted to emancipate herself at the institution’s advice. According to the clinicians there, they believed she would be better off on her own, which Jaid supported.

When her memoir “Wildflower” was published, Drew shared that she and her mom were barely on speaking terms but ensured she was well off financially.