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Benefits of Multi-Family Investing – Home Decor Expert

2 years ago
Author

More people are considering multi-family investing due to its tremendous benefits. It is a common real estate branch, no wonder everybody is pursuing it. A multi-family unit is any property that features many residential units.

Multi-family investment has many benefits, and below, we discuss a few.

One significant benefit of investing in multi-family real estate is the economy of scale. This means the owner is only required to apply for one loan, even though they have different doors or units. This is a significant benefit because it is hard getting financing.

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People are mainly joining the multi-family investing mode because it has a stable workflow. It is among the best investments for people who want to build property for profit. People will always require a place to stay, and most units will turn into apartments due to the low house inventory.

Multi-family investing is categorized under commercial real estate, meaning it cannot be disrupted by technology like other investments. It is possible to invest in multi-family property because it will give you a stable income in the future.

  • Appreciates in the Long Term

Multi-family properties are ideal for individuals who wish to purchase and own these units for many years, which is mainly because they appreciate in the long term.

Remember, the cost of living varies, and rent arrears rise, but your units will not lose value provided they are looked after correctly. Multi-family investment also has various tax benefits enjoyed by owners.

These

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How to Outsource Your Business Through Effective Project Planning

2 years ago
Author

Before you decide to do any outsourcing at all, you need to identify which areas of your business might benefit from outsourcing. Then consider the benefits to your organization when outsourcing a particular task. If you already have excellent in-house skills in a particular field, you may decide that that role should remain at home. However, some financial aspects of the business, such as payroll operation, can be done just as effectively and often cheaper by an outside organization. Other common tasks that are outsourced are customer service, technical support and software development. Once you get started you can learn how to outsource almost anything.

An equally important thing to consider is how much training you would need to provide in order for the project to be a success. If the task requires intensive training, is it really worth the expense?

If I was asked how to outsource successfully, I would say that there are three vitally important things to take into consideration.

  • Project Planning
  • Project Management
  • Communication

Project Planning

You would not start a new in-house project without careful planning and the same applies when you think about outsourcing your work.

The project planning stage is where you set the goals and objectives for the project. You should also set time lines and consider all the different scenarios that could cause the project to be delayed. Project planning is basically the foundation around which the project will grow.

During this stage you also need to consider the human resources … Read More

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Aqua House – Architecture That Integrates Water Technically and Aesthetically

2 years ago
Author

Stephanie Madison of Habitus Living interviews the author about his book “Aqua House, Architecture that Integrates Water Technically and Aesthetically” Can you please elaborate on what inspired you to write Aqua Houses and the key ideas in the book?

Current concerns about global water usage and the increasing pollution of it’s environments is what inspired me to write Aqua House. The book focuses on the relationship of water and architecture. It re-examines the place that it occupies in architecture in order to determine how current practices in architecture contribute to the pollution of water environments and to what is believed to be an unsustainable usage of it. The book then seeks to investigate how some of these practices in architecture could be modified in the future in order to mitigate the water problem.

The key idea in the book is how can the design of a house integrate the technical and aesthetic functions of water?

I have attempted to answer this by designing a building (Aqua House) that works with both the aesthetic and technical functions of aqua. In addition, the design integrates water and architecture in a way that could contribute to reducing contamination of the water environment. While Aqua House is a small project, focused on the problem of residential architecture it can perhaps help raise awareness of wider water issues. The lessons learned can perhaps be extrapolated to a re-examination of other types of buildings and urban environments, where a wider set of water issues could be … Read More