December 12, 2017

Don't Approach A Commercial Property Investment With A Residential Head

This post has been contributed.

 

Investing in any sort of property is a pretty sound bet to make, but please don’t think that all forays into this market are born equal because they are not. So, if you have been approaching the possibility of investing in commercial property in the same way you would for residential housing then you need to stop, take a deep breath and start again. Why? Because the two are not the same.

There is much more you need to consider and that means there is more risk to contend with, from current events in global economics to what services your property offers. To help you out, we’ve pulled together a tick list of the most important things to think over before you commit your autograph to any dotted line.

1. Location, Location, Location
What is deemed to be successful on this front depends on what sort of commercial property you are buying. In residential properties, you look for nice neighborhoods, good schools and good transport links. With commercial, you need to consider the end user, and supplier, accessibility and connectivity; all of which are important to a business’ success.

2. Listen To The Law
When buying residentially, there are codes you need to meet and living standards you need to uphold, but they are nowhere near as stringent as with commercial investments. It is about meeting the Americans with Disabilities Act imposed on public buildings, which you can go to schemel-tarrillion.com to learn more about, and knowing what a building's allowable purposes are. Essentially, this means knowing a property’s lawful use before finalizing any deal, should it be with an office-based company or a manufacturer of goods.

3. Consider Support Services
There are a lot of support services you can offer that crossover with residential investments, such as supplier a gardener or a concierge or simply hiring a lettings agent. However, there are more to consider in commercial, many of which can affect the rent you receive and the resale value of your property. This is things like parking, security, elevators, service elevators and a plethora of other services. They affect the running of a business and they affect the price you command, so give them due thought.

4. The Clock Is Ticking
Having a timescale in mind is another thing that separates the two different types of property, Yes, in any and all investments, you will likely have a timescale of what you want to achieve financially by when, but this becomes a lot more flexible with commercial investments. That’s why you should be asking yourself certain questions: do you want an immediate return on your investment? Are you acting fast because of a local opportunity? Is this a one-off or are you planning on building a commercial portfolio? The more you can ask yourself, the more you will be able to determine the answers and that is what will encourage the right decision.

As you can see, there are some similarities between the two types of property investments, but the crossover is very tenuous. Residential is bought with the intention of renting it out to a specific demographic. That luxury is not granted with commercial properties.

Decluttering Could Be the Best Financial Decision You’ll Make Before 2018

This post has been contributed.

Who wouldn’t love a nice clear home? Unless you’re a real packrat that loves to hoard things, then pretty much everyone could appreciate a nice and tidy home to live in. Sadly, mustering up the motivation to keep things in order is difficult. However, after reading this article, you might find that decluttering your home could actually be one of the best financial decisions you could make before entering 2018. Sound strange? It really isn’t!





Organising Paper Documents

Let’s face it, as much as we’d love to go paperless it just isn’t happening until everyone decides to unanimously get rid of letters and switch to email. Some important documents, be they tax returns or claims, are going to end up in your mailbox as a physical letter. As shown in this article from http://milner.com/, there are plenty of businesses that just haven’t gone paperless yet and there are some reasons for it.


By decluttering, you’ll have an easier time sorting out all of your documents so that you can organise them into folders and have them be easier to manage. You won’t be looking around your entire house for a single invoice and you’ll never lose track of your paper bills. It’s more important than you think to keep these paper documents organised, so start doing it today by decluttering. You’ll find that your finances are much easier to handle and this is incredibly important if you’re running your own business from home. In short, don’t neglect the importance of sorting out your paper documents!

Selling Unwanted Items

If you've ever had an interest in electronics, music or video games then you've probably got dozens of unwanted CDs, DVDs and games laying around doing nothing. A swift decluttering will help you manage your unwanted items and you'll even be able to make a bit of money from it by selling them on sites like www.buybackexpress.com/. It's easier than you think to make a little cash off your unwanted goods, so head over to your loft or garage and start cleaning it up to make a little bit of side money.

If you've got unwanted items that don't have barcodes for easy identification, then you may want to look at local classified ads or look on online auction websites. However, the prices you'll get for larger unidentifiable items will vary greatly, so try to get the best price you can with a little haggling!

Home Efficiency

If you use the central heating in your home then you've probably caught on that if you have lots of clutter, it's less efficient. If you place objects in front of radiators and block sunlight with cupboards and other large items that you don't want, then it's going to make your home that much more inefficient at staying warm over the winter season.

Make your life more comfortable and warmer by decluttering your home so that you spend less on energy bills during these upcoming cold months. It doesn't sound like much, but it's a surprisingly effective way of improving the temperature in your home.

December 07, 2017

How to Make Your Life Generally Calmer

This post has been contributed.

Do you often feel like all the stresses and pressures of life are getting on top of you and making it difficult to function properly? It’s time to destroy that stress and make your life and lifestyle generally calmer if that’s the case. Stress is not a minor problem and it’s certainly not something that can be ignored, contrary to what many people think. It’s a genuine mental health problem, and it can lead to other mental health issues and even physical problem as well.

So how can you make your life generally calmer and easier to deal with? That’s what we’re going to discuss right now so keep reading.

Change Your Manic Routines

If the routines you currently stick to each day are hectic and manic, it might be a good idea for you to change them completely. Doing so will allow you to get more done without the usual stress you’re used to. Create routines for yourself that are simpler and more sustainable; the difference they’ll make will be massive.

Walk and Slow Things Down

Walking rather than cramming yourself onto a train or joining that massive traffic jam can make your start to the day so much calmer and relaxing. There’s something wonderful about walking to work and taking things easy. Slowing down generally and avoiding sources of stress will do you a world of good so you should definitely give it a try. It will also be great for your health too.


Learn How to Say No More

Sometimes, you just need to learn how to say no to people when they’re demanding more and more of your time throughout the day. By taking on less work and helping out fewer people in the office, you will be able to stay on track and do the things that matter most. And most importantly of all, you’ll have less stress to contend with, which has to be a good thing.

Explore the Wonders of Pet Ownership

Plenty of studies and research have shown that owning a pet and having that animal companionship can calm human beings down and make them generally more relaxed. Which pet you choose is entirely up to you and your own preferences. Look for goldfish for sale if you want the simplicity and calming nature of watching them swim. Or if you have time to dedicate to a dog, take that route.

Stop Putting Yourself at the Mercy of Your Phone

This is one of those modern developments that’s definitely not helping us at all. If you are constantly checking your phone and changing your plans based on the latest call or email, not only will you waste time because you’ll be staring at your phone for half the day but you’ll also stress yourself out more. So try to stop putting yourself at the mercy of your phone.

Take action now rather than putting off these kinds of changes until tomorrow. The sooner you act, the sooner you will secure a lifestyle that works for you.

Don't Approach A Commercial Property Investment With A Residential Head

This post has been contributed.   Image source Investing in any sort of property is a pretty sound bet to make, but please don’t think...