Archive for December, 2009

Are you thinking of becoming a professional home stager? You’ve done your research and met with other professionals in the field of home design and real estate. Now what? Before you jump right into the hustle of setting up your home staging business, you need to have a plan first. This will help you stay on track and focus your sights on your business goals.

A business plan will help you put down your business goals and strategies on paper. Whether you are writing a detailed formal business plan to submit to your loan officer, or whether it’s just notes and reminders you’ve jotted down on a notebook, a business plan will help your business prosper in the long run. Below are the main parts of a business plan. You can omit some of these parts if you are not writing particularly to request funding. Continue reading ‘Home Staging Business Plan – 6 Steps to Get You Started’ »

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Modern construction methods are extremely efficient and safe. Many homeowners and renters enjoy the protection from the weather and the hazards that run through nearly every home, with near complete immunity. The most frequent criticism of modern construction that many people have is that the materials and substances that go into creating the modern home are harmful to the environment, and sometimes the occupants.

There are many ways to limit the risk and harm that people can be exposed to with modern construction methods and one is to use ecologically friendly construction means, as called “green construction”. Green construction is essentially the endeavor to use material that will not emit chemicals or substances that are harmful to the environment or life. One of these green construction methods is called “cord wood” construction or stack wall construction. Continue reading ‘Is Cord Wood Construction a Great Green Construction Option?’ »

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It seems that living in condominiums have become a way of life particularly for people who work in downtown offices of large cities. It has become so popular that some residential condominiums are nearly sold out even though they are still in the development phase. This is because even before the actual development of the building has started, a lot of pre-construction sales have already happened.

Buying those condos has emerged as one of the lucrative but somewhat risky, investments anyone can have. There are a lot of benefits when you buy them and one of them is the amount of money which you have to pay in contrast with an already completed unit. Continue reading ‘Benefits of Buying Pre-Construction Condos’ »

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How much real estate math do you need to know if you are investing in real estate? There are computers and calculators for calculating interest rates or amortizing loans. What you need to know is a few simple formulas for determining if a property is a good investment or not.

The gross rent multiplier is one formula you don’t need. I bring it up because people are sometimes still using it, and there are better ways to estimate value. A gross rent multiplier is a crude way to put a value on a property. You decide that properties are worth 10 times annual rent or less, for example, and simply multiply the gross annual rent a building collects by ten to get your value. Continue reading ‘Real Estate Math – Do You Know These Simple Formulas?’ »

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