December 12, 2017

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.
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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.
 
 
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