Affordable Country Club Living in the Austin Area

If you long for an Austin country club lifestyle at an affordable price, consider taking a look at the Balcones Village real estate for sale. Surrounding the Balcones Country Club, and with easy access to the Spicewood Golf Course, Balcones Village offers large homes, mainly built in the 70's and 80's, with big lots, mature…

If you long for an Austin country club lifestyle at an affordable price, consider taking a look at the Balcones Village real estate for sale. Surrounding the Balcones Country Club, and with easy access to the Spicewood Golf Course, Balcones Village offers large homes, mainly built in the 70's and 80's, with big lots, mature trees, and plenty of peace and quiet. Many houses have side-entry garages which add a sense of fluidity and consistency to the neighborhood. Architecture is varied with ranch-style homes, split levels, Spanish-inspired homes, brick and stone work, and a few newer homes as well. Balcones Village is served by the highly respected Round Rock ISD, of which 35 out of 44 schools received the “Exemplary” rating, the highest rating awarded by the Texas Education Administration. In addition to the country club, Balcones Village boasts two parks. The beautiful Mountain View Park has picnic benches, sports fields, playgrounds, tennis courts, and gorgeous hiking and jogging trails. Talleyran Park has a baseball field, playground, and hiking trail. Even with the abundance of outdoor activities, Balcones Village is not isolated from the amenities of the city, with easy access to stores and restaurants and a quick drive to two local malls.

Balcones Village real estate for sale ranges from the $ 280's to the low $ 500's. No matter what end of the price spectrum you decide on, homes in this neighborhood offer plenty of space to spread out and multiple bedrooms for large families or those who like to entertain. A search in early 2013 for Balcones Village real estate for sale revealed one home for $ 299,000. Built in 1976, this home offered a classic one-story floor plan. The stucco exterior and the interior arches, stone, and wood details cave this home a true Texas flavor. At 2,781 square feet, this home offered three bedrooms, three baths, a workroom, sunroom, and courtyard – plenty of space to spread out and relax!

At the top price point, a newer home offered a no-less welcoming Texas vibe. With 2,935 square feet, this 2003 home was listed at $ 512,500. With four bedrooms and four baths, this home also offered a game room with bar, workshop space, and a balcony overlooking the golf course and lake. High ceilings with wood supports, pine cabinets, and a long, covered porch cave this renovated home a Hill Country feel.

With these two beautiful homes at either end of the price spectrum, you can find a variety of large, well maintained homes in between. Balcones Village offers beautiful houses, a quiet neighborhood, genteel living, and a price you can afford.

How to Purchase and Refurbish an Existing Commercial Building

The true cost of purchasing an existing building or project not only includes the purchase price, but the cost of rehabing and repairing the building and most importantly making the building suitable and attractive for the intended tenant and users. Attracting rent paying tenants remains the most important aspect of any commercial real estate development…

The true cost of purchasing an existing building or project not only includes the purchase price, but the cost of rehabing and repairing the building and most importantly making the building suitable and attractive for the intended tenant and users. Attracting rent paying tenants remains the most important aspect of any commercial real estate development whether it's a new building or existing commercial structure. Moreover once the developer has tenants interested in leasing space finding the financing to purchase and rehab the building will be much easier. Simply said; location associates tenants, tenants pay rent and rent paying tenants attract financing. So how does a developer reasonably assess and analyze the overall cost of purchasing an existing commercial building or project?

Three Major Cost to Rehab an Existing Building

There are three major cost related issues that the developer must assess to understand the total potential investment in a project (not including project financing cost). These are 1) the Sellers asking price, 2) the cost of basic rehabilitation and repair and 3) the cost to make the space suitable for the intended tenants and users, including tenant improvement cost. Understanding these three costs will help guide the developer in evaluating the major issues and if the investment makes good economic sense. Ultimately, the overall investment must make good economic sense by translating to competitive lease terms for the intended tenants and an attractive return for the developer.

1. Rehab and Repair Cost

Since it is likely the developer knows the Sellers asking price it is important to focus on the estimated cost of rehab / repair and making the project suitable for the intended tenant and users. To adequately evaluate the rehab and repair issue the developer must make an initial inspection of the project. Assuming the developer does not have this expertise it is common to utilize an architect or general contractor to do the initial inspection. Many architects / contractors will do an initial inspection for little or no cost realizing that the ultimate goal is to contract for the actual work when the developer purchases the project. The initial inspection should include all aspects of the building including structural, systems (mechanical, electrical and plumbing), common area and exterior work. The goal of the initial inspection should be to identify any major issues that will make the rehab very expensive or extremely difficult. Of course there are other issues that the develop needs to review such as; zoning, permitting, regulatory, utilities and of course financing-the developer should never lose sight of how he plans to pay for the project. To complete the assessment the developer must still consider two other major cost issues; making the space suitable for the tenant and tenant improvement cost.

2. Making the Lease Space Suitable for Tenant and Users

As mentioned earlier rent paying tenants remain the most important item in any real estate development effort. With this in mind, there remain two very important additional costs that the developer must know to understand the overall investment in the project. First, the cost of making the building or project suitable for the targeted receivables and second, the tenant improvement costs. Although these two costs can be similar there is a difference. Making the project suitable for tenants represent costs that the developer may need to occur to attract tenants but may not be investments that are not tied to any specific tenant or user. Benefits and features that are required or important to attract tenants can typically be determined by knowing the regulatory requirements and exploring comparable projects and buildings in the area. If you are looking to purchase and rehab a building for medical use it is important to understand requirement of the intended user. Medical buildings require larger elevators, larger doors and hallways, handicap accessible bathrooms, windows in patient rooms and other unique features.

3. Tenant Improvement Cost

The developer must also consider tenant improvement cost. Tenant improvement costs are costs that the developer will pay to entice the tenant user to the building. Tenant Improvement cost or “TI” allow can be very expensive and add substantial investment to a project. It is important that the developer ideally research the TI allowance made available by other landlords in the surrounding market so the project lease terms are competitive with nearby buildings. The developer should be able to learn the typical TI allowance from a local commercial real estate broker. Evaluating the project and intended use with a local real estate broker can be extremely valuable. There are certain product types such as apartment projects were TI is not a typical expense to attract tenants. However product types like multi family will typically require a greater investment by the developer in competitive features and benefits.

Now that we have assessed the major rehab and repair issues, evaluated the cost associated with making the property suitable for the tenants, including TI allowance the developer must determine if the project is still feasible. The total cost of the project must still translate to terms that will be attractive to the potential tenants and result in a good return for the developer and investors. This evaluation will often result in a negotiation with the seller to reduce the purchase price. Having the results of the initial inspection, understanding desired benefits and features and market TI permission can go a long way in convincing the seller that a reduced price is justified. With the estimated total cost in hand, revised financial plan and possibly a reduced asking price the developer can now decide whether or not to move forward with the purchase of the project.

Investment Property Exit Technique – Buy Low, Sell High

These days, there is no trend of holding a property for lifetime. Owners usually sell it when they want. There are some principles that you should follow when selling any property. Gone are the days when only the wealthiest and the elite class would own expensive properties. They would transfer it to their heirs, and…

These days, there is no trend of holding a property for lifetime. Owners usually sell it when they want. There are some principles that you should follow when selling any property. Gone are the days when only the wealthiest and the elite class would own expensive properties. They would transfer it to their heirs, and it was bound to remain or circulate in the hands of only the richest. But now, trends have changed a lot. Commercial property ownership is becoming more and more diverse. Some investors frequently buy and sell commercial property. For them, it is more important to know the basics. They should know the strategies and procedures involved.

The right time to sell

When you're planning to sell any property, ask the basic question first. When is the right time to sell? It means, you should first do some market search to make sure you get the most resale value out of that property. Otherwise, you're definitely going to be at a loss.

Increased value

The ideal time to sell your commercial property is when its value reaches its peak. Because its value keeps on fluctuating for years, no one can exactly estimate when it will go up. Stay informed about the market trends and property rates. Sell ​​it when you get the highest possible amount for that. Investors usually consider the best time to buy property, but often neglect various facts associated with its resale.

Factors to consider

Investors get confused about when to sell their property at good price. By looking into some rules, they can get handsome amount in return. When your property has maximized profits, it's a golden chance to sell it. The other important point is when you get another more lucrative investment option, you can sell the existing one. When tax benefits have fully reached or financial aim has been completely met. At that point, it's a splendid idea to sell it. Before moving ahead, consider your local market conditions as well to make the right decision, and avoid any loss. Consider tax implications also. Collect rental income or cash out according to your preference.

Professional help

Consulting an expert is also an effective way to clarify any misconception or confusion. Talk to him and discuss all details in advance. Hiring a broker to sell the property for you is also common. In that situation, broker is responsible for the entire market search and dealings.

4 Tips to Move A House In A Slower Real Estate Market

For homeowners planning to put their house on the market, there is usually much work to do before making the decision to list it. Unlike the market five or 10 years ago, homes must be in move-in ready condition. Those listing a house should first consult with a real estate agent to discover a sensible…

For homeowners planning to put their house on the market, there is usually much work to do before making the decision to list it. Unlike the market five or 10 years ago, homes must be in move-in ready condition. Those listing a house should first consult with a real estate agent to discover a sensible asking price and make any suggested changes to improve the value of the house. Before listing a home, there are some things to do to make sure they're prepared for the venture before deciding it's time to sell in a lower market.

Make Those Repairs

In the past, covering flaws with some fresh paint and trimming the hedges were enough to keep potential buyers interested. However, in today's real estate market, those pesky repairs are going to have to get done before the home is listed to prevent losing the interest of any potential buyers. While in past years buyers may have looked into a fixer-upper, today's market buyers are able to purchase short sales and foreclosures. So pull out the wrench, tighten those leaky faucets, and put in new carpets if to create a piece of real estate that's saleable. Keep track of the improvements and receipts to list on a sheet showing facilities and values.

Match the Market Price

For sellers, the market of today may be softer than when they purchased their home; meaning the asking price may have to decrease. If homeowners are not prepared to sell to the current market prices, then it's not the right time to sell. Realize that most properties are selling at or very shortly fair market price, depending on the market. When a seller prices above the market value, they risk driving away potential buyers.

Be Flexible

Be available for potential buyers as much as possible. Therefore, homeowners want to keep a house ready to show around the clock. This means clean, too. Straighten a bed in the morning, vacuum regularly, and put away clean and dirty clothes. Homeowners never know when someone will want to stop by.

Thinking Before Speaking

Real estate buyers may try and low-ball their offers in the hopes of getting a better, more affordable deal. However, before homeowners roll their eyes and turn up their nose, they should pause. It takes time and effort to make an offer, so even a lower one than they may have been anticipating shows that there is interest. Do not lose a buyer by scoffing at them. However, a reasonable counter-offer can keep both parties happy.

Assisted Living, a Popular Trend in Real Estate

Retail and office industrial property market is grooming day by day. To meet the increasing requirements, many commercial property owners are trying to have multi-purpose properties using one building. In Canada, assisted living is gaining popularity to satisfy the varying needs of emerging population. Conversion Majority of stakeholders prefer having commercial properties that are convertible.…

Retail and office industrial property market is grooming day by day. To meet the increasing requirements, many commercial property owners are trying to have multi-purpose properties using one building. In Canada, assisted living is gaining popularity to satisfy the varying needs of emerging population.

Conversion

Majority of stakeholders prefer having commercial properties that are convertible. They can transform an area in the shopping mall into condoms. This means, you have commercial-cum-residential property that invite people with different needs. This offers immense benefits to the buyer as well as seller.

Type of structure

If you want to have a multi-purpose building, you can convert residential as well commercial property. Both types can be adapted for this kind of facility.

The ideal location is commercial zone, because it can be owned by government and private sector. Commercial properties are often spacious to get converted into residential rooms or condoms. These can be transformed into supportive housing, care homes, retirement centers and so on.

Structures suitable for conversion

There is a huge range of buildings that can be adapted for multi-purpose usage. You can easily create multi-residential rooms, condominiums, offices, retails or even industrial setup in a well-designed commercial building. A great idea is to convert the apartments, motels, hotels or restaurants into day care or old homes. If your building has wide hallways, large stair cases and high-capacity elevators, you have an edge over others. Such types of structures are absolutely appropriate for conversion. You can comfortably use such building for residential as well as commercial needs.

Highly maintained real estate survives

In past, many commercial real estate would become obsolescent and worn-out because of low maintenance and other reasons. But today, multiple users are living and working in a building. Some are using apartments and others are working in offices. Seniors go to care homes and kids enjoy day care centers. The usage of assisted living real estate is several times higher than normal buildings. As a result, the owners are bound to maintain their buildings to make them usable and viable.

Factors that effect adaptability

Construction firms are assisting property owners determine whether their buildings are suitable for conversions. Interior potential and location play key role in making the final decision. Extra spaces, construction style, smooth mobility channels and strict maintenance also have a deep impact. Another fact is that, properties which are located near hospitals have an advantage and their value goes up.

Repurposing Abandoned Properties Changes Commercial Building Landscape

The unpredictable swings within the real estate market means great things for those interested in buying commercial buildings. Investors are always on the lookout for businesses that are thriving and have potential to with the economic recession. But, the economy has not been kind to businesses. Many have had to layoff workers, downsize their retail…

The unpredictable swings within the real estate market means great things for those interested in buying commercial buildings. Investors are always on the lookout for businesses that are thriving and have potential to with the economic recession. But, the economy has not been kind to businesses. Many have had to layoff workers, downsize their retail spaces or abandon their locations, leaving “white elephant” empty buildings in cities across America. But, empty and abandoned commercial properties are not all bad. Commercial buildings can create unexpected benefits to the area when they are re-purposed into something unexpected. And, this trend to re-purpose existing commercial buildings is becoming a cost-effective alternative for commercial investors who are shying away from the expenses of from-the-ground-up building projects. Quite frankly, it is changing the look of our city landscapes.

As many mom-and-pop and chain restaurants have lost business during the recession, many have tightened their financial belts and closed locations in order to save costs. But, this has left unsightly empty buildings everywhere. Now savvy investors in commercial real estate see this time as opportune. Instead of building new commercial spaces, they can repurpose an existing space, forgo the necessity of building permits and create new profit generating businesses. Case in point being reported in 2011 Orlando Business Journal whereby a 6,000-square-foot foreclosed Sonny's Real Pit Bar-BQ restaurant was refitted to become a Funeraria San Juan funeral home. In fact, investors in central Florida have been taking distracted or obsolete sites that were zoned for retail, restaurant and automobile dealerships and redeveloped them into industry businesses that have established increased demand during the recession. For a previously closed Saturn dealership in south Florida, an investor saw vision to repurpose that space for education. As the economy has declined, there has been an increased demand for higher education skills and he saw opportunity to create an auto mechanic college. Other abandoned dealerships have been repurposed for aviation maintenance institutions and future land expansion for neighboring malls.

As real estate brokers and investment partners become more creative with finding new uses for abandoned properties, one of the most important aspects in the decision-making process is the upfront due diligence. Before any proposal can be established, the land has to go through investigations that will absolutely satisfy lender requirements. Many times, lenders require a commercial inspection to complete a Phase I Environmental Assessment to identify the previous usage of a property. A Phase I Environmental Assessment involves an inspection of the entire property, not necessarily just the building. It generally will include aerial photos, a walk around the property, a determination of property's original history or usage, review of the EDR (Environmental Data Resources) database for buried tanks in the area and a review of the internal documents for hazardous waste disposal. A building inspector with certification in environmental auditing and building codes is the best candidate for detailed research and analysis reporting.

Why Businesses Are Buying Commercial Real Estate

Commercial real estate has long been one of the most valuable types of property in most cities. This is property that is zoned for businesses to move into it. In recent years, many businesses have closed their doors or been foreclosed on. The economic conditions led many businesses to leave behind this property because, simply,…

Commercial real estate has long been one of the most valuable types of property in most cities. This is property that is zoned for businesses to move into it. In recent years, many businesses have closed their doors or been foreclosed on. The economic conditions led many businesses to leave behind this property because, simply, they could not afford it. Yet, things are turning around and the demand for quality pieces is growing. Why is now the time to buy, then? You may be surprised by the advantages present today.

Cities Need It

No matter if the city owns the property or if the sales tax revenue is low, cities need businesses to move in and to fill up these empty storefronts and vacant buildings. Not only is it bad for the city as a whole but it is also putting schools at risk since many depend on that tax funding. When it comes down to it, commercial real estate is something cities want to fill up. Many are offering great incentives and deals to get businesses to move in. It all adds to the jobs and the bottom line of the city.

Rates Are Low

Interest rates on mortgages are low. They are likely to remain low, too. That means that financing the purchase of these buildings is highly affordable. It is far more affordable to buy now for this reason than it was just a few years ago. This may mean that those companies that wanted to open their doors and buy but could not do so before can do so right now. It makes financial good sense to do so now. The incentives to do so are too good to pass up for many companies looking to expand.

Values ​​Are Low

The value of commercial real estate has fallen in many markets substantially. With the rise in foreclosures and a planned market, it has become a buyer's market for this industry. As a result, there are great values ​​to be had by any buyer looking for them. Buying a large storefront right now, for example, could cost you 75 percent or even 50 percent of the cost it was several years ago, depending on the market you are in. This is a huge savings and the prime reason to buy and expand.

Commercial real estate is valuable in almost all areas. Before you can invest, though, you need to find an agent who can help you to make the right buying decisions. With the right help, you may finally be able to get your company's doors open and serving the public in the area you want to be in.

Discover How To Turn Your Office Space Into a More Relaxing One

A vital aspect of your routine life, your office space needs to be designed or modified in order to make you feel relaxed so that you can make the most of your efficiency at work. It is vital that your surrounding space at work is attractive and you must feel good about it as you…

A vital aspect of your routine life, your office space needs to be designed or modified in order to make you feel relaxed so that you can make the most of your efficiency at work. It is vital that your surrounding space at work is attractive and you must feel good about it as you spend at least eight hours daily, five days a week at your office.

Let's find out how to turn your office space into a relaxing one that de-stresses you while you work!

Do Away With the Clutter

An organized work space is a first step to creating a relaxing atmosphere. Remember that a clutter-free desk is a sign of an organized mind, exactly the quality your higher-ups consider while planning promotions. Here, keeping your things in order and working on a tidy workstation not only give you ample space to work in, but also create a positive impression on your seniors.

Add a Personal Touch to Your Workspace

You spend almost one-third of your day working at and around your workstation. Here, it is vital that you enjoy your time there, and personalizing it to your taste is a great way to achieve the same. You may consider keeping a personalized pen or a business card holder with your favorite family photograph on it. You could even go for tiny plants or your favorite art work on the wall for a homely and a lot more relaxed feeling.

Ergonomics and Your Chair

For sedentary work, there is hardly anything at your workstation that is more important than your chair. If you are not satisfied with the chair provided by your company, then you must consider buying one yourself. If your chair is not right, it could result in chronic back, neck and shoulder pain, frozen shoulder and many similar ailments. An ergonomically efficient chair will be suitable for your posture, feel comfortable and save you from such ailments permanently sitting for long durations.

Relaxing Music

Download some music that soothes or inspires you and play it on a slow volume at the right opportunity, seeing to it that others do not get disturbed due to it. It will set a pleasant vibe around your workstation and keep your spirits high.

Portable Fan

At times, even in air conditioned office spaces, you tend to feel a little warmer than usual. A portable fan comes very handy at such instances. Feeling hot and uncomfortable will only add to your stress levels and you might find it difficult to concentrate.

You can incorporate a bit of enjoyment and add relaxation to your day to day office tasks with the aid of these ideas. These not only help you de-stress, but also enable you to focus on your work better. Your office will no longer remain drab and dull place, but will turn into the one that fosters your growth as a person. You will see a marked difference in your work life, which will turn easier, enjoyable and the one that you will look forward to each day.

How Much Harder Is Wholesaling Commercial Real Estate?

Many real estate investors hold back from wholesaling commercial real estate because others tell them it is much more complicated and what they do not know can make it seem much harder to do than flipping single family houses. So how much harder is commercial property to wholesale and is it worth it? Those that…

Many real estate investors hold back from wholesaling commercial real estate because others tell them it is much more complicated and what they do not know can make it seem much harder to do than flipping single family houses. So how much harder is commercial property to wholesale and is it worth it?

Those that have actually done it and have successfully closed deals on office buildings, retail stores and multifamily apartment buildings may not describe it as being as difficult as those that have not.

In fact experienced professionals might say that believing wholesaling commercial real estate is harder is a widespread misconception spread by those that have never really done it.

It is different, but that does not need to mean that it is any harder than residential. In fact many find it easier and more profitable.Think about it; If you have your ducks in a row, it is about the same amount of work, but often comes with a bigger payday.

It can be daunting to dive into if you do not know what you are doing or how it is different, but with the right knowledge wholesaling commercial property can be great addition to your strategy. After all, it probably is not much different to approaching your first single family property deal. You were not born with that knowledge; you found out where to get the education and gained a lot of experience by getting your hands dirty.

So first off, do not be afraid of the unknown. You do want to learn the differences, the pitfalls to watch out for and how to flip these properties profitably but being afraid of not knowing itself is much like being afraid of the dark. Just turn the light on and check under the bed and you'll be fine.

It mechanically works just the same in terms of contracts and flipping. The forms might look a little different, and the properties may be bigger, but you may find it is a lot easier than you thought once you get into it.

The biggest difference is despite having the buyers, and is where many get discouraged and why they are not wholesaling commercial real estate full time. Then again, you probably did not start with a huge residential home buyers list either.

The due diligence can be a little different, including methods of evaluation and appraisals, environmental reports and leases, but it's not rocket science.

Financing is also different, but in many ways commercial mortgage financing is far friendlier to investors than residential. Underwriters say commercial lending is already loosing up, loan decisions are more focused on the property, not just the individual's ability to repay and creative structuring is actually encouraged, rather than made illegal.

Where many do get stuck is dealing with dreamers that have no idea what they are doing, those that are parts of long chains and the deal never gets done. Deal with real buyers and sellers, find sound deals and you'll find a way to make it happen.

You might even end up preferring it and those going from commercial to residential may find the transition much tougher than you breaking into it the other way around.

Making a Successful Commercial Real Estate Investment

When you're planning to invest in a commercial real estate, consider several important factor that combines together to accurately determine its real value. To make sure you get the most out of that and get immense benefits, get complete information about location, maintenance, existing lease and market trends or condition. Highest and best use To…

When you're planning to invest in a commercial real estate, consider several important factor that combines together to accurately determine its real value. To make sure you get the most out of that and get immense benefits, get complete information about location, maintenance, existing lease and market trends or condition.

Highest and best use

To get highest return possible, you must follow the rule 'highest and best use'. It enables you get desired profit and get good money back. You'll definitely come across many limitations like location, market condition and so on. These can not be controlled by any property owner but with some sensible decision-making you can get rid of this trouble.

Proper maintenance

To retain the value of your property, its extremely essential to maintain it well. Take the minimum details into account and pay attention to them as well. A scratch-free, posh building with everything functional will definitely earn you high amount at the time of resale. To make the task easier, get a calendar or a reminder for big maintenance tasks. It will let you rectify any issues on time without causing further damage.

Added features enhance value

For attracting more buyers, add more features and details to your property. In a shopping mall, benches, bicycle racks, well-designed rest rooms can boost the value of it and grab more clients. Many times, a minor maintenance can increase the value several times. Exterior re-paint is the best example of that. General repairs and landscape also impact value.

Artistic infusion

To make a simple building appealing and eye-catching make a mural or painting on the walls. Outdoor art works give great impression and attract buyers readily. Hire a professional artist to do the job for you. Sculptures on the outer walls are an excellent idea to add life. Wall panels inside the building also give an amazing effect to the entire arrangement. Chalking and balloon twisting clowns are some ideas to follow.

Lease and expansion

Make some additions to the existing design by having an additional parking area and creating outdoor or indoor kiosks. It will help expand your income and attract more buyers.

Billboards and cell tower

Locations that are ideal for cell towers are more valuable than others. So, choose that type of building because it is more appealing to the buyers. Billboards are another great advantage to get more passive income. If such advertisement options are available in your area, you're lucky.

Maintenance Concerns for Central Heating Boilers in Commercial Buildings

Central heating boilers are used in residential homes and they are used in commercial structures as well. Most stores and businesses have central heating boilers in place to regulate the temperature inside the building. When these items are placed in a residential house, a lot of the homeowners do the upkeep, and maintenance, themselves to…

Central heating boilers are used in residential homes and they are used in commercial structures as well. Most stores and businesses have central heating boilers in place to regulate the temperature inside the building. When these items are placed in a residential house, a lot of the homeowners do the upkeep, and maintenance, themselves to save money. When central heating boilers are being used in a commercial area it is not recommended that the property owner maintain the item without professional assistance.

The main maintenance concern for central heating boilers is that there are no leaks in any of the piping that runs to and from the unit. Every six months or so there should be a system check to make sure that all valves and connections are working properly and not allowing any leaks. If there is a minor leak detected it should be corrected immediately to prevent future complications.

The area around central heating boilers should be kept completely free of any debris or obstructions. You should be able to get the unit without having to move anything to reach it. At least twice a year the area the unit is housed in should be swept and the device and components should be dusted to remove unnecessary dirt.

The interior of the central heating boilers and the pipes that run to and from these units will need the occasional cleaning as well. You do not take the unit apart, but you flush specialized chemicals through them that help to prevent the build-up of lime scale inside the tanks and pipes. This will provide you with cleaner water and will keep your device working longer.

The manufacturer will have recommended times when these devices are to be cleaned and maintained. Generally the company that does the installation of the device has a service department of technicians that can come and do the maintenance checks you need. If you establish a maintenance schedule with the company that did the installation then you will not have to worry about forgetting your unit.

If you have purchased a business that already has a unit installed and you are uncertain of who did the initial installation then it is best if you call a company that installs and services the same brand of units that you have. Each different brand will have special things about them that can make it hard for someone unfamiliar with the brand to detect problems early. In these situations the technician may have to come to see your device more frequently during the first year so they can get to know what is normal for your appliance. Once they have determined how the appliance works on average they will prolong the amount of time between their visits.

Keeping a log of when everything is done to the device can help you to keep track of how much the unit actually costs you and can help you determine if you want the same brand when you have to replace your device.

Central Mexico – A Great Place For Retirement

Waiting for a savvy developer who can develop my 55 hectare of beautiful land, that i have just listed in Central Mexico. When I get a large parcel that has been a family for decades it is exciting. Virgin land never been touched really with trees over a hundred years old, an old gold mine,…

Waiting for a savvy developer who can develop my 55 hectare of beautiful land, that i have just listed in Central Mexico. When I get a large parcel that has been a family for decades it is exciting. Virgin land never been touched really with trees over a hundred years old, an old gold mine, a dried up river, a great southeast slope. It is a set up for an experienced developer to make it happen. The parcel varies from commercial, fronting the main road, to residential moving away from the road and up the slope.

I like to walk the land with the owner and get a feel for the topography and learn anything else about the trees, the vegetation and the run of the rain water. Selling Mexico real estate is not just about having inventory with you. It involves the history of the people, the area and what could the use be going forward, to offer to the community and bring a valuable investment to the buyer. In this particular scenario, I see an elegant, semi off-the-grid, housing community of affordable, one story homes, harvesting rain water, catching the sun optimally to keep heat and cooling constant, building with vernacular of the area in white stone . The elegance of a stone mostly indigenous to this area in Central Mexico can create a long-lasting, romantic structures in contemporary flare or historic lines, both work well.

The point is international living and building a retirement dream home can be very rewarding in this part of Mexico. The weather shines, warm and sunny in the day, and cool at night. The dry desert and mountain terrain breathes big skies in all directions. If ever there was a place to honor the expansiveness of life, this is it. No tumble weeds like Montana but the open vistas are just as magnificent. The lure of the Wild West leaving the big city stress behind. A climate like that of Provence and France where lavender, rosemary and sunflowers flourish.

Large parcels can be called commercial property for sale really only because of size. It does not need to dictate a large sprawling building. Planning housing environments is very much a commercial endeavor. It is my vision that Mineral de Pozos grow and grow well and responsibly. Housing in an affordable range for one or two people seems to be the sweet spot under $ 225 K. This is very do-able in Mexico. And the end product can be spectacular. Nowhere else can a person build a romantic stone house for that price with 50% of the American population single and the boomers retiring and downsizing, the numbers work with 25 hectares with 25 homes yields 2.2 acres per house with a 1200 sq.ft home for under $ 225 K. The fresh air, beautiful views, and gardening possibilities are endless. As a developer, providing a quality life, respecting the landscape and environment and making a return between 15-20% seems like a win-win scenario.

Wholesaling Commercial Real Estate: Exciting Opportunities in 2013

Why should investors consider wholesaling commercial real estate in 2013? How is the commercial real estate market changing right now, what's different about it for those used to investing in single families and where are the best opportunities to realize the largest and fastest profits from flipping apartment, office, industrial and retail buildings? Why Embrace…

Why should investors consider wholesaling commercial real estate in 2013?

How is the commercial real estate market changing right now, what's different about it for those used to investing in single families and where are the best opportunities to realize the largest and fastest profits from flipping apartment, office, industrial and retail buildings?

Why Embrace Wholesaling Commercial Real Estate This Year?

Commercial real estate may have fallen later than residential when the bubble burst, so it has also taken a little longer to bounce back. However, the general consensus is that the commercial market has now hit bottom, has concreted a new foundation to build on and is set to begin growing again.

Economic growth may not be moving its fastest right now but there are many factors at work propelling the commercial property market. New startups are grabbing space to launch, large existing corporations are looking to relocate in a big way now that they are no longer tethered to old fortresses by a lack of technology and talent and global investors are prepping to plow masses of capital into commercial properties and commercial mortgage backed securities.

This means demand is increasing and the amount investors and businesses are willing to pay for space is on the rise too, especially as they rush to lock in yields before interest rates rise and cap rates dwindle. At the same time mortgage lenders are likely to speed up foreclosures on these properties as demand increases and values ​​head up. This creates the perfect conditions for wholesaling commercial real estate for fast and sizable profits.

What's Different?

There are three major differences in wholesaling commercial real estate versus single family homes:

1. Financing

Commercial mortgages are completely different to residential. Thankfully this also means that they are a lot easier to get today and more than a lot more on the property than the individual buyer. Underwriting for these loans is also softening up, just as it is becoming a Tougher for residential investors.

2. Due Diligence

The due diligence is a little different too. The factors which need to be looked at are slightly different and so are lender requirements including appraisals, environmental reports and rent rolls. Know the difference and the timing and you'll do fine.

3. Marketing

Clearly diving into office, multifamily, retail or industrial property means marketing to a different demographic than individual homes. Recognize this, get to know what they want and what is important to them, as well as which marketing mediums as the best for reaching them.

Where to Invest

While wholesaling commercial real estate in San Francisco, Manhattan or Miami's Brickell may sound cool, the market is under major shifts.

These old strongholders are no longer as critical for business success as they are used to and organizations are increasingly choosing to look to secondary markets for housing their businesses and this is where much of the best spreads will be found.

Look for non-performing loans, disturbed properties, disturbed tenants, disparity in and low rents, internet speeds, government initiatives promoting various locations and procurement to large business and transport hubs.

Commercial Office Space Renewal Options: When To Start The Negotiations

Very few commercial tenants will start off their initial search for an office space lease already thinking about when and how they will renew the property once their lease term expires. However, this renewal option is extremely important as it safeguards the tenant, especially if they are comfortable in their office space and do not…

Very few commercial tenants will start off their initial search for an office space lease already thinking about when and how they will renew the property once their lease term expires. However, this renewal option is extremely important as it safeguards the tenant, especially if they are comfortable in their office space and do not want to have to move out once their lease term expires. As a commercial office tenant, you want to know about the right to renew in the very beginning, even before you sign an initial lease. The following will highlight the important factors which one should know about when renewing their commercial office building lease.

What Does A Commercial Office Lease Renewal Option Do?

A renewal option in a commercial office lease is a clause which details whether the tenant is able to renew the current lease and what terms apply to such a renewal of the lease. The renewal clause will dictate when the renewal option must take place and what the tenant must do to put such a renewal of the lease in effect. In addition, this option clause will list all of the other fine details to renew one's lease, all of which the tenant must follow in order to properly initiate the renewal of the commercial office space lease.

When Do You Need To Start Negotiating The Terms Of The Renewal Option?

Although this option will not be put into force until a certain time as stated in the initial lease, it is imperative that the office space tenant have such a case put into the initial lease prior to signing it. This way there is no doubt as to the issues involving renewal of the initial lease and accompanying lease terms. When the lease is being drafted is when the tenant and landlord should discuss the terms involving lease renewal and renewal options.

What Should The Renewal Option Clause Include To Protect You As The Commercial Tenant?

In order to be properly protected as an office space tenant, the renewal option in the initial lease should include a few distinct features. This clause should state the time in which a tenant must give notice in order to properly renew their lease, the lease renewal length and the rate of the commercial rental. By having all of these factors in writing, the office space tenant can rest easy knowing that they should choose to do so, they will be able to renew their current commercial office space lease when the time comes.

The presence of the renewable option in a commercial office lease is extremely important. It protects the commercial office space client from having to move out when their lease term expires if they do not want to and provides them with peace of mind knowing that they will be able to continue working in their current location for a specified period of time beyond the initial term of the lease. Therefore, having this renewal option and negotiating the terms of it prior to signing the primary lease is a must.

Redefining the Workplace – Fun Office Space in London

Regardless of where they are in the world, everyday millions of people make the commute to an office of some kind. Whether specifically shaped, like the Gherkin – or as its more commonly known 30 St Mary Ax – or a little more traditional in architectural style, most of them boast the same features, albeit…

Regardless of where they are in the world, everyday millions of people make the commute to an office of some kind. Whether specifically shaped, like the Gherkin – or as its more commonly known 30 St Mary Ax – or a little more traditional in architectural style, most of them boast the same features, albeit with variances in size and amounts: receptions, open-plan office spaces, meeting rooms, storage areas, cafeterias etc. However, one criticism that employees will often level, at the office they spend so much of their days working in, is that internally it's actually rather dull – sticking to uniformity rather than existing to invigorate inspiration amongst employees.

As England's capital city, as well as a business hub for many massive sectors, there is a significant amount of rather quirky and very cool office space in London. Unsurprisingly, much of this office space is owned by some of the world's most forward-thinking establishments. The features, ranging from abstractly-shaped glowing staircases to open-plan office space more akin to a robotics research facility dragged straight from a science-fiction blockbuster, make the buildings that influence feel far removed from a lot of office space in London.

Detailed below are just three of the most fun pieces of office space in London:

Nike – Oxford Street HQ: American sportswear giant Nike's London office space features a large amount of curved lines and glass usage. Although uniformly consistent in its use of color – sky blue and white – the office has match balls adorning its walls and wall-size images of sporting legends, such as Brazilian footballer Ronaldo. Not your everyday office space in London.

Classy brown leather seating areas allow employees to enjoy the big-screen TVs broadcasting the latest sporting events – the perfect area for a sports aficionado to whittle away a rare quiet afternoon.

Google – Victoria HQ: One of the world's most forward-thinking firms, Google's office space is influenced heavily by futuristic design elements. Minimalistic long blue corridors, lit by magnificent white lights, lead to amazing meeting areas – which would surely make those end of day meetings seem just that little bit more interesting.

Meanwhile the futuristic main workspace areas are a mix of red, white and black brilliance; the rows of desks – where the Google magic happens – look like they could have been folded straight from the set of Stanley Kubrick's classic film, 2001: A Space Odyssey.

Similarly, Google-owned YouTube also has wonderfully quirky offices – designed to resemble the front room of TV icon, Del Boy from Only Fools and Horses.

Forward Internet Group – Camden HQ: A London office that features an eclectic mix of traditional Touches and post-modernistic design, the Forward Internet Group's Camden HQ is certainly something to marvel over.

Statues of giant lobsters are complemented by striking red staircases, designed to resemble the seats in an amphitheater. Meanwhile the meeting rooms are cordoned off by images of black autumnal trees and wrought iron fencing – bringing the feeling of outside into the work area. It's all rather fantastic.