Posts Tagged ‘Business’

The Growth Of Modular Construction

Too often when people consider a new construction project they imagine the process in too narrow a scope. Classic construction is a matter of raw materials assembled in front of your eyes. These days, however, modular construction has become a legitimate option for both commercial and residential projects. Continue reading “The Growth Of Modular Construction” »

What is a Sump Pump?

Sump PumpRain has been pouring down in sheets all day. You’re inside and tucked under a warm, snuggly blanket, safe from the storm. This weather doesn’t bother you at all! You don’t live in an area prone to flooding, but you’ve heard from your neighbors that water can seep through tiny crevices in poured cement walls. Aren’t you afraid that your basement will flood from all of this rainwater runoff? NO – because you have a sump pump!

Sump pumps are small pumps installed in basements and crawl spaces. Their job is to keep your basement dry by pumping out excess water that accumulates through various means. They are usually installed in a pit area, and the water is directed towards the pump by a drain or through natural water drainage patterns in the soil.

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Things to Consider When Buying a Bed and Breakfast Inn

There are many attractive aspects of running a bed and breakfast. The chance to meet travelers from all over the world, have the freedom of running your own business, and making a difference in the life of others are all things that draw people to B&B ownership. While you may dream of opening your own inn someday, not everything about the profession is as glamorous as it seems. Like any small business, bed and breakfasts have a great chance of failure if not managed correctly from the start. When deciding to purchase and open a bed and breakfast, there are many important things to carefully consider.

Can you Afford It?

Opening a bed and breakfast isn’t something you can do on a whim. It requires a significant start-up investment, and it’s important to have a good idea of what your cash flows might look like once you begin operations. Analyze data for your region to see how much tourism there is each year, and take a look at the competition in the area. Is the market already saturated? If the hotels and inns surrounding you never seem to light their “no vacancy” signs, chances are you won’t either. 

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Don’t Get Duped When Buying a Home

When purchasing a home for the first time, it can be too easy to let emotions get in the way of your better judgment. Once you’ve fallen in love with a house, it can be hard to think practically and objectively about the purchase process. Unfortunately, real estate transactions involve multiple parties with competing interests, and when you lose your head you can lose a lot of money too. If you go into the process with a level-headed knowledge of what needs to be done, you won’t get duped in the real estate jungle.

  1. Go for a mortgage pre-approval rather than merely a pre-qualification to signal that you are financially ready to purchase. This gives you much more purchase power when it comes to negotiations and it gives you a much better idea of your own financial ability and limitations.
  2. Look beyond the decor of a home to its core structure. A good real estate agent will have doused the home in a fresh coat of beige paint so that it is automatically pleasing to the eye, but it is far more important to make sure that the house is solidly built and in good shape.
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Can You Afford this House?

houseWhen it comes to buying your first home, that question is not nearly as straightforward as you might think.

There are many so-called “golden rules” that determine how much house you can afford, and these are what your bank uses to decide whether or not to grant you a mortgage. Here are the two most prevalent rules:

1. Your monthly housing costs (mortgage principal+interest+property taxes+insurance) should not exceed 28% of your gross monthly income.

2. Your debt-to-income ratio should not exceed 36% of your gross monthly income, meaning that your monthly housing costs plus any other payments on debt you may have should equal more than 36% of your income.

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Should You Buy A Historic Home?

historic homesHistoric homes offer an element of grandeur and sophistication that many new home may seem to lack. But it’s important to consider many aspects before purchasing an old home. Though beautiful, older houses require maintenance and work to keep their elegant look.

First, it’s important to do your research on the home. Although many aren’t aware, not all old homes are created equally. Be sure to check whether the home has a historical designation. If not, getting one can be a tricky process, varying from state to state. Also make sure you know what tax credits and incentives are in place in your state for owners of historic homes. This could end up being a factor in your final purchase decision.

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5 Common Problems With Above Ground Pools

Above Ground PoolMaking the decision to put in a pool is fun and exciting. A pool can offer your family hours of enjoyment and fun. But above ground pools can come with some problems that you need to be careful to watch for.

The pool could be unlevel. You need to be very careful to make sure that your pool is going to sit level. This means taking extreme caution if you are installing the pool yourself or making sure that the company that you hire is qualified and knows what they are doing. Having an unlevel pool is not only an eyesore but places undue strain on the walls of the pool.

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Choosing a Pontoon Boat

pontoon boatDeciding on a boat can be a tricky business, and a stressful one as well. Many boats come onto the market each year with new and improved features, and many of them cost twice as much as the car you drive. Hopefully you are intending  on keeping your new boat for as long as you can – possibly for the remainder of your life. Understanding the different types of pontoon boats that you have to choose from on the market can help ease the pressure, so we’ve outlined the typical pontoon boats you’ll find and how they may suit your specific boating needs.
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Steel Buildings

Steel-Building-ManufacturersIf you have purchased a steel building recently, you should contact your steel building manufacturer or supplier to ensure that you understand all aspects relevant to the delivery of your structure. The delivery process is not as simple as you think! Your building will be delivered to your job site once the design and fabrication has been completed at the factory. Delivery is normally handled by a third-party carrier although some steel building companies will deliver using their own trucks. The building order documentation determines the delivery arrangements for your structure. Any special accommodations needed for shipping should be determined before purchase of the building, as this may affect the overall price. If you make any changes to shipping arrangements close to the scheduled shipment, it may be expensive for you.

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Construction Industry Jobs

155604654_271132f38a_zThe last two years have been a tough time for people working in the construction industry. The outlook for new jobs in this sector is not looking too great, and the industry can’t afford to take another big hit anytime soon. Many on the Green side think that the energy efficient, sustainable or green movements will enhance the jobs in home construction. Although I am not entirely optimistic about this idea, it certainly is a possibility. Government projects will certainly help aid large scale construction projects, although the impact would not be as large in the residential housing industry. Many home builders have gone back to building the lowest price home possible.

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