Real Estate

Do Your Diligence – Find the Profits from Commercial Real Estate

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Due Diligence is the process of looking closely at the details of a potential investment, to verify material facts, and to assess the property’s investment potential. While there are numerous factors involved, due diligence is the foundation upon which successful and profitable commercial real estate investing is built.

Anything worth doing is worth doing as well as it can be done, especially when hundreds of thousands, if not millions of dollars are involved. Your ability to separate fact from fiction determines your return on investment.

Keep in mind that due diligence is MUCH more than just looking at the numbers. Let’s use a commercial apartment property as an example. There are actually four critical areas that determine the value of a multifamily investment.

Financial analysis

Market analysis

Tenant Analysis

Property Analysis

For the sake of this article, we will not go into an analysis of these four key areas, but rather focus on rooting out the hidden benefit discovered when we do the Four Key Areas Diligence with the following goals in mind:

The REALITY of a Return on Investment based on our trademark Do the Diligence analysis.

The independent value of the property in the market.

Current property features that produce income versus hidden earnings features that we uncover.

The final price we are willing to pay based on our Do the Diligence analysis. Keep these goals in mind to determine your real return on investment.

Maintain a disciplined, objective approach when reviewing the financial information provided by the seller. The evaluation of your financial statements should uncover concrete benefits in revenues, costs, and profits, and ultimately, cash flow. Simultaneously, your analysis not only verifies reported numbers and assumptions, but must also determine actual value as an independent investment income producer. Most of the price you offer reflects the property’s ability to produce income here and now, not how it might be once you’ve made value-added improvements. Never buy a property on Proforma income projections.

Determining the true value of an investment is an acquired skill that improves with experience. A seller will present the property’s paper assets much more attractively than they really are. That is his job. Your job is to discover accounting tricks to reveal real numbers. Here are some common examples of financial disrepute:

Distorted lease rent payments. A building can be occupied by tenants who have been allowed to pay late or not pay at all, without contingencies being carried out immediately through soft management.

Overly optimistic projections of expected returns. A property could advertise its proximity to the market with an area that has a higher return on investment than it is currently experiencing.

Disguise the cost centers that hide the real image. Marketing, maintenance, management expenses that are actually excessive for the property or misallocated to the market
Treat recurring items as extraordinary costs to remove them from the profit and loss statement. Inflated or delayed maintenance fees disguised as one-time costs.

Not disclosing capital expenditures or general and administrative costs in the periods leading up to a sale to inflate cash flow. For example, a property may decide to postpone its on-site laundry contract renewals so that those new figures are not immediately visible on the books, misleading the investor about contract renegotiation and increased costs.

A careful examination of the historical and prospective cash flows reveals the actual and independent value of the proposed acquisition. Look beyond the reported numbers and rely on your team’s on-site visit when doing your due diligence to verify costs versus reported revenues.

Getting to real numbers usually requires the close cooperation of the seller. Any contradictory position on the part of the seller is almost always a signal to dig deeper.

Of course, no matter how deep you dig, many facts it can remain hidden if you don’t know where to look or how to find hidden earning potential. Discovering as many discrepancies in represented value versus stand-alone value will improve your position when you bid and is crucial to your acquisition and return on investment.

A complete Do the Diligence analysis system is available from Investor Tours University.

Learn more from a proven investor education resource:

Investor Tours University is a dedicated resource that helps investors build wealth and reach their defined level of success. We offer state-of-the-art commercial real estate investment education designed to meet the needs of investors with diverse backgrounds and experience levels. Our faculty consists of a network of national experts in legal, tax, investment strategy, property management, acquisition, and sales professionals who practice what they teach investors, which is how to achieve generational wealth using commercial real estate.

Shopping Product Reviews

Reputation Marketing: Today’s Best Strategy for Medical Professionals to Get More Patients

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Remember the days when you walked into a medical professional’s office, checked in, saw all the people waiting in front of you, and realized you’d be there for a long time before seeing the doctor?

I can imagine all the thoughts that ran through his mind, but I’m sure one was not that the practice needed more patients.

However, that problem exists for medical professionals today. They constantly need to add new patients to the practice books. This is a concern for all types of practice, from doctors to dentists, from chiropractors to veterinarians. The lack of an influx of new patients hinders a practice in two respects: decreased ongoing revenue and increased costs associated with marketing fresh blood.

It wasn’t always like this. For decades, practices have allocated most of their marketing budget to the tried-and-true resources: the Yellow Pages and newspaper ads. Eventually, they expanded into direct mail, postcards, and even in-house advertising such as brochures explaining their services.

Recently, practices turned to Internet marketing strategies to attract new patients, with many believing that a first-page listing on Google and a branded website would keep their phone ringing.

However, a dramatic change in the online marketplace has created a need for practices to modify those strategies. The reason is the importance of reviews. Google, the search giant, now prominently displays reviews when people search for a business online. Additionally, as long as a business has a minimum of 10 reviews, Google will provide a Zagat score ranging from 0 to 30, further legitimizing the weight of positive reviews on a business’s reputation.

As Bob Dylan sang, “The times they are a-changin’.” People looking for products and services online today see positive reviews as a major factor influencing their purchase decision, second only to personal recommendations. According to Nielsen, a highly respected ratings firm, 72% of consumers look at 6-10 reviews before choosing a product or service, which means they want to see multiple reviews, not just 1 or 2. Plus, the 70% of those consumers trust a business that has a minimum of 6-10 reviews.

What does this change mean for medical professionals?

The facts are clear. People searching online are looking for reviews. A practice with 6-10 positive reviews has a great reputation. Practices with great reputations make your phone ring. Pros that don’t have multiple reviews have been shown to not be as credible in the minds of buyers when making purchasing decisions.

It is imperative that practices direct their marketing focus towards building a 5-star online reputation through continued positive reviews. Once that star reputation is developed, the practice can then market and leverage that reputation to convert more patients.

This two-pronged strategy is analogous to “building a house from the bottom up” and results in sustained long-term revenue growth that positions that company as a market leader. Practices have traditionally done the opposite. They market their services first, relying on a bright yellow page ad or an eye-catching website to attract patients to the business. They don’t realize that people trust and value online reviews as a major determining factor in which medical professional they will call.

Medical professionals must stop “building a house from the top down” or risk losing potential patients to competitors who have embraced this new dynamic shift in the online marketplace.

Sports

football betting tips

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Soccer bets are a bit less risky than other types of bets. It’s not exactly the “craps roll” of, well, craps because the bettor gets a chance to gauge the quality of each and every team. That said, there are some soccer betting tips that can help you make the most of the week’s games. While no betting system is foolproof, these soccer betting tips will help you get ahead.

First, don’t be greedy. All players want to have the big win, but try not to put all your eggs in one basket. As long as you get a string of wins, you should come out ahead. It is recommended that you place smaller bets on a wider variety of games, rather than placing a large bet on a single game, unless you think the game is insurance. Unfortunately, the spread set by oddsmakers for any given game is rarely a lock.

a couple of others soccer bets Tips: Find a good site online and do your homework. You want to find that you meet payments in a timely manner. Players are often disappointed to find that their bank account is not immediately credited. This may be the case if you do not place bets directly from your debit card. Sometimes it can take weeks, or even months, to get credited if you’re not betting with a quality site. You should research both the online betting sites and the teams you will be betting on.

Professional gamers sometimes work full time researching the games of the week. This is not entirely feasible for everyone, but do your best to research the game before placing a bet. One of the best football betting tips is to subtract from the favourite’s margin, rather than add to the underdog’s total. Most of the time, this will lead to a win for the bettor.

Tours Travel

Creation of a real estate portfolio with condominiums and single-family homes in West Hollywood

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You can build a West Hollywood real estate portfolio just like any other business. This is something that needs to be done to show finance companies that you are a good credit risk. You may need to generate positive cash flow and sometimes the only way to do that is with a loan, remember leverage is the key to wealth. Having a good business portfolio shows that you are serious about your business, it will take discipline and hard work, but you will get the results in the end.

You don’t need much to start building a portfolio of West Hollywood real estate, condos, single-family duplexes, quads, or even land. There are lots of land, vacant lots, in areas where new developments are going up. This may only seem like a small investment. The day will come when someone wants that vacant lot and offers to buy it. The land has a value.

To increase the value, you can rezone your lot. A residential lot for single-family homes can be worth quite a bit. Zoning a large lot for multifamily housing can increase property value, especially if the area is growing. When a property can be zoned for dual purpose, it makes it more attractive to developers, their job is to find and purchase these overlooked properties.

Using the vacant land in your real estate portfolio as collateral for a loan will allow you to boost your real estate investments. You may not think that these little pieces of land can mean a lot. The lender may appraise properties to determine value. You may be surprised to discover that just 2 vacant lots in the right district can generate a portfolio worth $200,000. That is a substantial amount of money when it comes to getting a loan.

As you learn about the real estate market you’re dealing with, condos, single-family homes, you’ll want to check with the area’s regional planning board. You may find plans to implement a development in 5 or even 10 years. This is the area where you will want to buy the available vacant lots. There will come a time when these lots can more than double in value because a developer needs them to start or even finish a project. Building a real estate portfolio is easier than you think just by using vacant land.

Rental properties also have value. There are plenty of distressed homes in West Hollywood that an investor can buy for pennies on the dollar. Repairing and renting them can generate positive cash flow almost immediately. This looks good in any real estate portfolio. You may even consider getting your rental unit approved for housing by HUD. Income is guaranteed. When you have a guaranteed income, lenders tend to favor you more.

Technology

Papasan Chair Cushions – Best for Comfort and Back Support

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Sitting for long periods of time will not only make you feel stiff and uncomfortable, but it can also cause serious damage to your back if you do it regularly. To avoid this type of injury and discomfort, it is recommended to take a break every half hour or so to stretch your back and flex your muscles. It is also recommended that you use a chair that can support your back and keep you comfortable even after long periods of sitting.

This is the reason why most offices today offer ergonomic chairs for their employees who have to sit for several hours in front of the computer. But what if you work from home and still have to be in front of the computer most of the time? Of course, an ergonomic office chair would still work, but it certainly doesn’t look very homey. If you don’t want to create a corporate atmosphere within your home, you should take a look at other feasible seating options like the papasan chair.

Papasan chairs are round, bowl-shaped chairs made from rattan topped with a round cushion that is thick enough to be extremely comfortable even if you sit on them for long periods. At first glance, one probably wouldn’t think the chair would be very useful for work because the uses that would immediately come to mind are things like kicking back to watch a movie, curling up to read a good book, or chatting with friends. while drinking wine, and other similar activities.

While it’s true that the papasan chair definitely works great for all of the purposes listed above, it can also be invaluable to someone who works from home and uses a lot of the computer. The biggest problem people face when sitting in front of the computer for a long period of time is the risk of back pain and neck injuries. But if you replace your regular chair with a papasan chair, you’ll instantly notice the difference.

If you use a desktop computer, the papasan chair is likely too large for you to tilt all the way back while you work. This means that you would have to sit with your bottom against the front edge of the chair, keeping your back straight without support. However, whenever you feel a bit tired and want to rest your back and neck, all you have to do is move your butt back a few inches and you can lie back comfortably and get that much-needed rest.

On the other hand, if you’re using a laptop, which is what most people use these days anyway, you can sit comfortably in the papasan chair and conveniently work with your computer on your lap, and both your back and your back. your neck resting comfortably on the chair’s thick padded cushions. Of course, even with this super-comfortable position, it’s still a good idea to stand up and stretch at least every hour to keep your blood circulating and prevent your body parts from going numb.

As well as being ergonomically effective, the papasan chair also adds a lot of charm to your home. Depending on the colour, pattern and fabric you choose for the cushion cover, you can turn this versatile chair into something fun, formal, homey or even quirky. Best of all, good quality papasan chairs are very durable, so they can last for many years.

Business

How to Protect Your Grains During Storage

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The best way to protect your grains during storage is to store them in a cool place. This cool temperature will keep insects out of the stored grain, and it will also help prevent mold and mildew. The temperature in the storage bin should be around 60 degrees Fahrenheit to prevent condensation of moisture on the walls. Also, remember to stack your grain bags properly. Insects can develop into a serious problem in warm weather, so you must avoid storing grains in these temperatures. You can also use fumigants, which are chemicals in gas form that are lethal to insects and other pests.

The process of aspiration is another effective way of grain protection. This process utilizes airflow to remove lighter material from the grain prior to drying. This airflow is adjustable, allowing for different grain types and airflow rates. Another effective way of monitoring stored grain pests is to install commercial traps. These traps can contain lures that attract insects and other pests.

Another option is the use of insecticides for grain bins. These insecticides are effective against all stages of insect infestation in stored grain. However, it is important to note that some pesticides contain an ingredient known as phosphine that should not contact food. Regardless of what pesticide you choose, you should always read the label to be sure it’s safe for your crops.

Another option is to use an integrated pest management (IPM) system. This type of pest control includes mechanical, biological, and even nanotechnology. These are effective against pests, but they can only be used if they are combined with other protective measures. This will require better training, better equipment, and more financial investment to ensure optimum protection of grains.

Incorporating diatomaceous earth into storage bins is another way to protect your grains from aphids. Diatomaceous earth is an organic material that is often applied on grain bins. Diatomaceous earth is an effective treatment for grain pests and can reduce the test weight of stored grain. This material is typically applied to the bottom and top layers of grain.

Different climates have different pests that affect grain. The temperature is one factor that affects insect activity. A lower temperature can cause insect activity to decrease. This low temperature can lead to the insect becoming dormant, meaning that their reproductive capacity and metabolism will be affected. This is why you should consider the temperature of the storage structure when storing grain.

A proper sanitation system will prevent the spread of pests in stored grain. It is important to remove any insect eggs, pupae, or adult insects from the storage space. Never mix freshly harvested grain with grain that is old and dirty. It is also important to clean the bins of residual grain and fines and to clean out the stirrers.

Business

Taking your time and attendance to the cloud: paperless work management

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As technology advances, how are you leveraging it to address the complex and changing needs of your business? It’s no secret that it’s easier – and “greener” – to do business with less paper, but the true value of digitization goes far beyond the simple consumption of paper and ink. A cloud-based workforce management approach can bring more value to your business than you think.

Old habits are often slow to die, but there’s no denying that paper-based organizations are often seen as backward and outdated. Manual time and attendance processing is inefficient, costly and time consuming. Fortunately, the advent of cloud computing means that flexible and simplified solutions are now within reach of most businesses.

Here are some benefits you can get by moving to a paperless labor management system:

1. Compliance and Accuracy – Helps you easily capture time and attendance data for accurate payroll processing and labor law compliance. You can eliminate error-prone manual calculations while maintaining the flexibility to meet the needs of your employees.

2. Workflow Automation – Streamline time-sensitive tasks like license requests and approvals. Increase efficiency by ensuring staff members are quickly notified when actions are needed. Boarding sequences can be scheduled automatically, scheduling and forecasting require fewer resources. Files are easier to access from workstations, making it easier to retain and retrieve records.

3. Increased self-sufficiency: Employees, managers, and HR staff benefit from paperless transactions. Self-service workflows give employees and managers access to the information they need to make informed decisions, while status inquiries and paper requests become a thing of the past. Employees gain access to scheduling, time balances, and PTO requests, freeing up time for supervisors and human resources staff.

4. Integrated Solutions: Gain insight into operations and enable more focused business analysis. Gain scheduling efficiencies based on workforce requirements. Measure actual hours against projections. You also gain insight into workforce productivity trends, enabling you to make smart decisions based on real-time insights, taking advantage of rich data collection opportunities.

5. Field Data Access – Increase productivity and ensure information is up-to-date regardless of workforce location. Cloud-based workforce management supports you wherever you are and is accessible across all types of devices, providing true responsiveness. Time reports provide critical information on employee payroll, scheduling, and historical trends.

6. Disaster recovery: In the face of disasters like fire or flood, know that critical documents are accessible and protected.

Finally, if your company believes it is important for the environment to reduce paper consumption and adopt a greener approach, going digital will not only reduce costs and improve productivity, but switching to cloud-based labor management can help. your company to do more with less, leaving a smaller environmental footprint.

Home Kitchen

Green Countertop Options

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If you’re looking for a new countertop and are leaning toward something that’s a little kinder to the earth than laminate or stone, there are now plenty of options available that have plenty of “green” elements. In this case, “green” refers to materials that are made from recycled products, can be recycled at the end of their useful life, or are recycled and recyclable, or are made from renewable resources.

stainless steel countertops they consist, on average, of 75% recycled steel and can contain up to 100% recycled content. They do not emit VOCs, they are not porous and they are antibacterial. However, they show fingerprints and are easily scratched.

Alkemi Countertops they are made from 35% “fine flake aluminum milling scrap” and post-industrial waste products. It is available in 12 colors and three different surface treatments (Textured, Classic and Honed).

Recycled glass countertops: There are plenty of recycled glass countertops on the market these days. Each of them has its own unique charm.

icestone It is manufactured in Brooklyn, New York. The product uses 100% glass that would otherwise go to landfills, mixed with concrete to create a surface that is twice as durable as marble. Like a stone product, it must be sealed periodically. It is available in a variety of colors.

bioglassIt is made of 100% recycled and recyclable glass. It is available in six natural colors and can be used for backsplashes or countertops.

paper stone is a material made from 100% post-consumer paperboard or 100% post-consumer office paper mixed with a non-petroleum-based resin. It can be used as kitchen and bathroom countertops and comes in a variety of colors.

Auto

Motorcycle Clubs 101 – How to Create a Motorcycle Club Bylaws Part I

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Bylaws create the solid foundation that will hold your motorcycle club together. Written carefully and strictly followed, they will ensure that your club survives the many challenges it will face over the years and decades. If you look around forty years from now and your motorcycle club is still in existence, it is likely that the constitution you create today is largely responsible for the success of your club.

When you create your bylaws, you must keep in mind that this document will be the great equalizer of the club that will be the law from which no member of the club can go out of rank, ignore or go against. There must be great consideration and thought put into the creation of this document. Once written, the statutes will be the roadmap that will guide its members.

This series of articles will show you what your club constitution should contain and give you basic instructions on how to write it:

· Bylaws should begin with a date of creation/amendment highlighted at the top. This date will let all members know they have the most up-to-date version at a quick glance.

· There should be a table of contents to allow members to quickly search and access the desired sections.

Article 1 must stipulate the date of creation of the motorcycle club. Together with the date of birth of the club, it will indicate what the name will be forever. You must provide physical address and website URL, Facebook page URL, email, phone number, and other contact information.

Section II

Section 1 The Club:

Section 1 of Article II should explain what the physical composition of the club should be. It will establish how many members a club contains (or an unlimited number of members) and which will be the male and female members (ie ownership versus members). It will designate what percentage of the membership must own motorcycles (in Georgia this is 80% of the club members) and how long the membership will last (ie until the member dissolves it or violates the constitution).

Section 2 Membership:

Section 2 of Article II generally sets forth what is required to be a member of your motorcycle club. You must establish the requirements for regular or prospective (trial) membership. It will state the minimum age of a member and what qualifications the member must have on their driver’s license before they can join. It will stipulate how a prospective (remaining) member will be designated as a Prospect and how the Prospect will become a regular member. The minimum age required to be a member will also be indicated.

Section 2a: Potential Membership:

Section 2a of Article II will detail the conduct of a Prospect during the prospecting period. It will specify the duties of the prospect’s sponsor and the duties of the prospect. It will list all the requirements of a Prospect and specifically state what cannot be asked of a Prospect and what regular members cannot do to a Prospect.

Section 3a: Auxiliary Membership

Section 3a of Article II will discuss auxiliary membership or duties of club property. It will state how old auxiliary members must be and discuss the nature of their association with the club and what it will take for them to earn their colors.

Section 4: Getting Started

Section 4 of Article II will indicate what is required during the initiation of a new member by the club.

Section 4a: Inactive Members

Section 4a of Article II will specify how inactive members will be treated and what will be considered a period of inactivity. It will detail how the MC will grant members a leave of absence, an emergency leave, or relieve a member’s service responsibilities for special circumstances. The duration of the vacation periods that can be granted will also be indicated.

Section 4b: Continuous Term

Section 4b of Article II will specify what is required for a member to be in good standing with the MC. Generally, if a member is up to date with membership expiration, fulfills membership duties, and has completed a specified membership period; they could be considered in “Good Standing”, for example.

Section 5: Discrimination

Section 5 of Article II shall contain the motorcycle club anti-discrimination clause, if so desired.

This article has been an examination of the general themes contained in Articles I and II of the well-written statutes of motorcycle clubs. Join me in my next article as we delve into how to write motorcycle club bylaws.

Digital Marketing

Resume Writing – 12 Tips

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A resume is like a short story that grabs the reader and keeps them interested. This article features 12 surefire tips that have benefited hundreds (college students, clients, colleagues, family, and friends) regardless of field or career level. They will surely help you too.

12 tips

· (Tip – 1) Prepare a short profile

Start strong with a short profile, not a goal. Listing a target is a thing of the past. What should your profile contain? Two or three short, concise sentences summarizing your experience, skills, and personality traits. Regarding the latter, avoid writing a laundry list.

So what three words best describe you? Your dominant personality traits come to the fore in your professional and personal life. In other words, wherever you go, you are there.

· (Tip – 2) Don’t sound like your job description.

Don’t turn your resume into a document that reads like a boring job description. Instead, discuss accomplishments. How did you make the difference? What skills or unique abilities were used to improve things. Choose one or two achievements from your current position. Please provide a brief summary.

· (Hint – 3) Select the correct format.

All in all, there are two types of resume formats: chronological and functional. While the former starts with his most current position and works backwards, the latter builds the resume around his dominant skills.

· (Tip – 4) Include special training/professional development.

For more than a few years, I advised a friend to include a career development section on her resume. Why? Employers like to see what you’ve been up to since you graduated from college. As a result of working in the corporate arena, he amassed a lot of training. Well, long story short, she made her stand out and receive even better offers.

· (Hint – 5) List education and credentials last.

You are not selling your education; degrees are a dime a dozen. You are promoting your unique skills that help potential employers solve problems. Therefore, list your credentials last, not first.

· (Tip – 6) Determine the proper length.

A recent college graduate, high school student, or someone entering the workforce for the first time won’t have as much to say as someone with more experience.

· (Tip – 7) Skip references.

Create a special file for references. By the way, your references should be people who know you in a professional capacity. And make sure each person has good verbal and written communication skills.

· (Tip – 8) Create a slogan.

Imagine this. You work in human resources as a recruiter. Every day you receive tons of resumes when you open your email; no one stands out because the subject lines say things like Resume or Resume of. Be creative! Use a slogan. When you save the document, use the tagline, not your name.

· (Tip – 9) Always send a cover letter.

The letter should state what you’re applying for, how you can contribute, and most importantly, it should refer the reader to your resume. Cut and paste or copy the letter into the body of your email.

· (Tip – 10) Use the current voltage.

Instead of writing in the past tense, use the present tense. It adds strength and lets a potential employer know that you still have a positive impact.

· (Tip – 11) Be creative.

Why not include a testimonial? Select one or two comments from a performance review.

· (Tip – 12) Develop a resume website.

If you really want to stand out, develop a professional resume website. It’s free and a template is provided. Verify wix.

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