Archive for April, 2008
April 22nd, 2008 -- Posted in Real market |
California is one of those states where you find all kinds of properties and where the climatic conditions vary hugely from place to place. You have places with moderate temperatures and you have places which experience all four seasons in their full glory. Traffic Jams, beaches and mild earthquakes are all characteristics of California. So there are a number of things to consider before you actually go for investing in California real estate.
The first thing to consider for investing in California real estate is to select the place/area for your California real estate investment. This is more applicable to people who are looking at California real estate more as an option for leading their life (rather than an investment option). That said, even if you have chosen the region for investing in California real estate, you need to be careful with selecting the location in that region i.e. the California real estate piece that will fetch you good profit. Generally, growth of business (e.g. big companies acquiring land for establishing their offices) is an indicator of appreciation in real estate (whether California real estate or any other). That is the consideration with regards to new developments in California real estate or with respect to significant changes in the economic situation of a particular place in California. However, there are always opportunities and they are there everywhere. You just have to hunt those opportunities in order to profitably invest in California real estate. Post cards, phone call, public auctions, foreclosures etc are all possible opportunities/ways of getting a good deal for California real estate investment. You could also partner with the local attorneys in the region i.e. attorneys who handle property matters in case of death, divorce, defaults etc. These people can give you good leads on California real estate investments. In such cases, whoever gets the information first gets the advantage. You can really lay your hands on some good California real estate deals in this way.
Yes, that does take effort and if you were to think that money can be earned without putting-in even that much effort, I would tend to disagree with you. A small amount of effort can really make a difference of thousands of dollars in terms of the California real estate deal that you get. Another good idea is to inform your friends in California that you are looking to buy a piece of California real estate and, in fact, let everyone know that you are looking for a piece of California real estate. A very good California real estate deal might come to you through one of your contacts, you never know.
So with the California real estate prices rising (as always), investing in California real estate does seem like a great idea.
April 9th, 2008 -- Posted in Home |
If you have ever struggled through new home construction, you likely are aware of the slew of unexpected delays that can occur along the way. The four days of solid rain prevents the framers from completing your home’s frame, so the electrician that was ready to work on your project is off to another commitment. Each step has an order, and if one falls out of schedule, so do the rest. It’s like being the last patient of the day in the dentist’s office. Chances are, out of the dozen patients before you, a few were late, and you have to pay the consequences.
Time is money. And in today’s busy world, the cost of time keeps rising. But trends in the housing market are helping solve this problem one factory at a time. Modular homes are the epitome of efficiency from start to finish. And in the end, you can smile all the way to the bank with the time you save.
Modular homes are 80 percent constructed within a factory before it is even shipped to your land site. That means a nice climate controlled work environment 365 days of the year. No rain, no snow, no sub-freezing temperature. Weather delays and scheduling catastrophes are a thing of the past. This is why total construction time for a modular home is less than half the time for a regular site built home.
Did you know some modular home factories build 6 to 8 homes every week? Try accomplishing this in your town. In addition to climate benefits, labor resources are utilized more efficiently. Tools are always in the same place and tasks are performed by factory workers repeatedly increasing efficiency and skill. There are no traveling delays between jobs and the amount of work accomplished per day dramatically increases.
In addition, modular homes allow simultaneous parts of the construction to occur at the same time. In the factory, a frame of one wall is being completed in one area, while insulation and drywall are attached to a second wall in another. Likewise, the foundation is being prepared on your site while your above-ground structure is being built indoors. This allows maximum use of the time in completing each single project.
What? The tile-guy can’t come back until when? This never happens in a modular home. Specialized craftsmen and employees are constantly available daily to perform their tasks so those homes are finished according to schedule. In addition, qualified building inspectors are present to guarantee that the construction will meet building regulations for your job. All of this saves time in the end.
Figures tell the tale. The custom modular home construction from start to finish takes 4 months compared to 14 months for a custom site-built home. And the time saved in labor efficiency and other resources allow the cost of construction to be 20 percent less on average. This does not even account for the time savings in construction loan interest. If you like saving time and money, modular homes are for you. There are few things in today’s world that saves you both and at the same time gives you a superior product.
April 9th, 2008 -- Posted in Shopping |
How much do they cost?
A good dollar store can be purchased for as little as $35,000. If you are looking for a franchise business then the cost could be much higher. Franchises can cost anywhere from $100,000 to $300,000 depending on the area & local population.
How can I find a good one?
There are thousands of dollar stores all over the country for sale. You can find them by using the newspapers or searching online. There are many to choose from. It may be a better idea to go with a franchise model because they offer full training & have a good system in place that has been proven for years. Another reason to choose a franchise is because the smaller guys just can’t compete with the big boys. The big boys know how to mass purchase products at much cheaper prices & also pick prime property locations based on population stats. They know what they are doing. Franchises rarely fail. To find a good franchise just Google the big names & you will be brought right to their corporate websites.
How much can I make?
You can make anywhere from $30,000 to $100,000 per year depending on the type of dollar store & location that you choose. It all depends on location & availabilities. Just think about it. Most of the good locations are already taken & the ones that offer some form of promise have many people bidding on them. It’s the same story in any industry. If you have a true passion to run a dollar store, put in the work & reap the rewards.
What location should I be looking for?
The best locations would very highly populated areas of course. If there is enough business to go around then you can make more profits. The location should have enough potential customers to be able to run your business effectively & still turn over a good profit. Try to stay away from areas that already have a dollar store because you will then have to share profits with them. You will also be taking some business away from them.
How much time will I have to commit to my dollar store business?
That is a very good question. It all depends on supply, demand & location. If you find a good location where there is a lot of people living near by to keep your business busy, you can work anywhere from 50 to 80 hrs per week.
If you find a slower paced community, you could spend anywhere from 35 to 50 hrs per week.
Are there any alternatives?
Yes there are many. Before you choose any business, figure out exactly what you are looking for. What I mean is this:
1. How much money do you want to make?
2. How much time do you want to spend working?
3. How long do you plan to be in business?
4. How much time freedom do you want?
5. How much money do you want to spend?
Once you have come up with all the answers to these questions, you will have a much better idea of what kind of business suits you.
Here are some alternatives for you:
1. Gas station business.
2. Car Wash.
3. Convenience store.
4. Laundromat.
5. Direct Sales Business (home based).