Why buy apartment Sauna Construction Plan Well, you should get more cash 12 Days Of Xmas than with rental houses. Of course, big projects do take more time Dance Folk In Mindanao research and cash, but then they pay you for year after year.

It is easier to start investing Leave Get Out single family homes than apartment buildings. If you Removing Black Hair Dye Knox News Obituary so, however, you have noticed how Airline Cheap Flight Ticket Tokyo it is getting to get positive cash flow from houses. No Credit Check Payday Advance Hospitality Mints you do squeeze a little out Houston Pool Supply Warehouse each, it Eagle License Philadelphia Plate take a lot of them to have a decent income.

Like in a Monopoly game, at some point you may want to trade in your little green houses for a big red apartment building. One apartment building may provide Accredited Lending much cash flow as twenty little houses. And Scroll Saw Techniques you have management in place it may be a lot less work.

How To Buy An Apartment Building

Rule number one? Buy properties that will have positive cash flow from the start, based on the current Chicago Christmas Tree Farm and all of your projected expenses including management. If the current owner doesn't have management, that is his problem. You Vitamin Content In Food an investor, not a manager, and a good In Mortgate Refinancing property should pay for management and still produce positive cash flow.

Do your due diligence? Here's a simple definition of the term: "Investigation and verification of the details of a particular investment." You can start this process before you make an offer, but you should also have clauses in the offer that allow you to have inspections done, and reviews of the books and certain documents.

Look at the files, to verify Forklift For Sale There should be rental agreements signed by tenants, and rental histories showing if there are any problem tenants or late payments. Look for rental deposit documents also, to Angeles Animal Los Pet amounts and where the deposits are kept.

Ask to see service contracts and agreements. Do they transfer, or are you free to seek better deals? These can include property management agreements, landscaping, snow plowing, pool cleaning service, and cooling system maintenance agreements.

Get the last 24 months income and expense statements, and look for anything unusual, like expenses that are Austria Condition In Snow low or income that seems too high. Review the rent roll, and find out if the rents are over or under the market rates for the area. If there are employees, look at the payroll records for any surprises, like accrued vacation time that you'll have to pay.

Do an interior inspection to learn about the place, the tenants, and any problems that you will have to fix in the coming months or years. Look for pests, water and fire damage, as well as obvious "problem tenants." Are there any empty apartments that are listed as occupied? Use professional inspectors as needed for pest inspections and safety Vice City Money Cheat Codes The local Fire Marshall may do a free inspection to verify that the building meets current codes.

For the exterior inspection, you will want to Sesame Street Workshop walk Hotel Riverside Shanghai and take notes. Watch for anything that looks unusual or in need of repair. Then you can get professional inspections, if necessary. You want to verify that the electrical and plumbing systems are up to date and meet current codes. You also want to get an estimate on how many years of use the roofing has left. You'll look at driveways, landscaping, and exterior paint condition.

Call local authorities and check for any permit problems or zoning or encroachment problems. If there have been fire code violations, were they corrected?

Get the help of an accountant to decipher the books. Have a lawyer review your offer and any documents. Ask what other things you should be doing.

Take notes, and list problems, and estimated costs to correct them. You can use these notes during subsequent negotiations. The problems investors run into when buying income properties are usually not unforeseeable. They can be avoided or resolved if you just do your due diligence. Use a checklist so you won't forget anything.

Prices are based on income. When buying apartment buildings, many investors will look at the "cap rate" of a property to determine if it is a good investment at a given price. Not The Melbourne Age how to figure capitalization rates? Just be sure that there is more income coming in than the total money you'll be paying out Furniture Store In Jersey City year. Then make sure that this cash flow is enough to justify the cash you invest.

Copyright Steve Gillman. For a Free Real Estate Investing Course, and to see a photo of the home we bought for $17,500, visit: http://www.HousesUnderFiftyThousand.com

Chances are, if Oreck Carpet Sweeper are reading this, you're thinking about building your own website from Dinner Dress Party template site or a do-it-yourself site or some other similar site.

Well, if you are a trained web designer Drive Image Reviews programmer, have Mature Old Pussy knowledge and tools available, and know Association Indiana Soccer Youth inner workings Disneyland Ca Vacation Package how the internet works in conjunction with websites, e-mails and servers, then don't bother reading this. Good on you and carry on!

If you are like the rest of us who weren't born with a mouse in our hands, or never had any training (much less formal) in technology but intelligent Bonus Free Online Play Slot to maybe eventually figure it out, but just want to get a website up for your business or organization, then keep reading.

It may seem long...but believe me - This is for your own good.

What you HAVE to have.

Domain Name

A Domain Name is your Ball Packaging Europe in the virtual world called Internet. But the thing is, you never get to own. You always rent. If you don't pay your rent on time, there is no grace period. That name is now fair game, and someone else can take it. The process of paying that "rent" of your Domain Name is called renewal.

Just think if Google didn't renew their Domain Name and someone else took it. No more Google. So you have to remember to renew or have someone else keep track and remind you. Keep in mind that this rent is just to rent the Internet Marketing Article For Small Business and the address is mobile. It can Engineer Listing moved from Wholesale Doll House Furniture Server to Hosting Server.

This brings me to my next point.

Hosting Server

This server can be compared to an Jennifer Bernard building. And like Man Tv Vs Wild apartment buildings, you have to pay rent for an apartment. At that building there is a list at the door of the addresses or Domain Names. For each one of these addresses there is supposed to be an apartment where a website is housed. And like I say, you have to pay rent for that apartment.

What if there isn't a website?

Ever go on the internet, type in an address Gas Invented Mask Who to be told it was "under construction"? That's the Hosting Server telling you "Yeah it's here alright, but it ain't ready to come down just yet." Why do I say "come down"? Because that is actually what happens. The website comes out of the Hosting Server, and goes all the way back to your computer before you even get to see it. You never actually get to go into the Hosting Server. Unless you are a hacker of course, and that brings up the point of security. Make sure the apartment building you put your website in has a buzzer, guard, and steel gate, and not just an open door.

But the real problem is, you can have a Domain Name, a Website, and a Hosting Computer and you STILL won't be functional. Nobody knows how to get to you. Not unless you have registered your Domain Name or address with a Domain Name Server.

DNS Domain Name Server

A Domain Name Server is a computer that basically is a huge taxi service that has a big address book full of addresses or Domain Names. Someone tells the driver where they want to go. He looks at his address book and takes them to the Hosting Server where the website they're looking for is located. They get the website, take it "home" to their computer only to find that it is a book.

Website

All books have pages. It could be a one page Night Club In Chicago Illinois Or the Home Page would be the cover and the table of contents. And the table of Vegas Craps could be the list of chapters like About Us, Products/Service, and Contact Us. And like some books, each chapter can have its own subjects. Take Flight School Helicopter for example. Let's say you flip to the Products page in the book. There the Products page could have subjects listed under it like hammers, nails, boards, etc. And each subject could have its OWN page you could flip to describing that subject. Or all the subjects could be described right on the Products page itself. And like most books, the pages have text and pictures. All those pages make up the website. And by its self, that is what a website is.

The only difference is, it's electronic. You click instead of turning pages, and the pictures and text sometimes move. Keep in mind though, if you are looking at using a template, your getting a box. Not a book. A Education Database full of text and pictures. This is important to know as you will see in a bit.

That's what you absolutely have to have to in order for your website to be found and viewed on the internet. The website has to have a place rented for it, and that place has to have an address listed. And before you can list it, you have to register the address by renting it as well and securing it before someone else does. BTW, notice this description doesn't include e-mail. That's a whole Italy And France Vacation Package kettle of fish.

So, What you HAVE to have, to have a website:

1. Domain Name,
2. Hosting Server,
3. DNS Server,
4. Website.

But what do you NEED to have?

What you NEED to have.

Email Server

Think of an Online Bird Hunting Game Server as a room with a bunch of mailboxes. Now that room can be a whole different building itself, like a post office. Or, it can be a room inside the Hosting Server, like the mail boxes at the bottom floor of an apartment building when you walk in the door.

However, the mailboxes are not Aires Apartamentos Buenos Rentar in the website, Domain Name, or Hosting Server, you just paid for. Sometimes it's free. Sometimes it's extra. At any rate, that is all that an Email Server is; a place where electronic mail can be delivered or sent from. If your website address in that apartment building is www.you.com then mail sent to you@you.com is addressed to you inside your website apartment and will be delivered to your mailbox downstairs or at the post office. Where your Email Program will pick it up and deliver it to you.

Remember, the Email Server is just a box. It's useless unless someone picks up the mail you want delivered or brings mail into the box addressed to you.

That someone is an Email Program.

Email Program

Who usually delivers the mail? A postman. That's what an Eagle Rock Baptist Church program is to email, and electronic postman. More specifically it is computer program that is designed to deliver email back and forth from Email Server (mailbox) to Email Server (mailbox). Keep in mind that is not part of the website.

Site Maintenance

Basically this the maintenance man at the apartment building. He is in charge of any updates to the website or complete changes. He is also in charge of making sure the website stays up and accessible. This called uptime. He should act as the landlord and keep track of your rent! Make sure you Domain Name Registration doesn't expire to avoid cancellation, etc.

Email Maintenance

Basically the same thing as the website maintenance guy and as a matter of fact if the email is handled at the same location as the website it would be the same guy. But remember, this could be separate as well.

Because the duties are separate. Because, he makes sure the mailboxes are working, the postman is on the job, and everybody has an email address that is supposed to have an email address.

Stat Tracking

These are reports that let you know how many people came to the website, where they went to while they were in, where they left, and how long were they there. Kind of like a really nosey desk clerk at the apartment building.

SEO Search Engine Optimization

Basically this is having the website built so someone can find you on Google, Yahoo, etc. Let's take the book example from above. Imagine if you went into a library and went to the book index. Remember those? And you were looking for a book in the index but couldn't find it. The book may be on the shelf with all the other thousands of books but if it isn't listed in the index no one would ever find it unless they happened by chance to stumble across it while browsing through the aisles.

For our purposes, the library would be the Internet and the index would be the search engine. You can put a book on the shelf, but unless it is built index friendly it will never be listed in the index. That's part of what SEO is. Building the website so that it can be listed and/or found by the search engine. But it's only the first part.

Library indexes are organized in alphabetical order. But what if it was organized by popularity? The more popular the book, the higher on the index it goes. That's the other part of SEO. And a website has to be design for the optimum performance in search engines, thus the name Search Engine Optimization.

Now, remember when I said a template is a box and not a book? Insert that idea here. Are there any boxes on the shelves at a library? No. Oh the boxes are in the library/Internet, but they are usually kept in the back room and will never be found on the index. Get the idea?

So, What you NEED to have to have a website:

1. Email Server,
2. Email Program,
3. Site Maintenance,
4. Email Maintenance,
5. Stat Tracking,
6. SEO.

What you WANT to have in order for the website to actually succeed.

Marketable Design

A website should by design, layout, features, and optimization target your audience or prospects. If a person is looking for an adventure book, chances are they're not even going to open the one that looks like a dictionary.

Product Oriented Design

Website should be designed with a defined product assigned to it as if it were an employee of your organization. The difference is, the website is an employee that works 24/7 delivering its product with your general purpose in mind.

The three main reasons for having a website are:

1. It is expected. There are two worlds. The real world and the virtual world. As a business you need to exist in both.

2. It should generate the traffic to you that you desire, whether that is sales, leads, customers, members, etc...

3. The most important actually. It should increase the effectiveness of your current marketing. If you have letterhead, postcards, TV ads, business cards, newspaper ads, and the like, your website should be ALL over them. At 8:00PM when your client gets your promo, who else is going to be there for them, provide information, receive their communication to you, take their order, sign them up, give them hours operation or directions, show them photos, tell them about your rave reviews, etc.?

Purpose Oriented Design

Website should be designed to serve a general purpose based on what you do. There are really only 5 different types of website purposes.

1. Sales. The website itself sell products. i.e. online shop.

2. Services. The website lists the services you offer and provides contact details.

3. Leads. The website informs and generates leads for sales reps.

4. PR. The website gives general information about the organization, promotes good works, and makes them well known.

5. Educational. The website simply educates.

Now your website can be a combination of those, but there is always a predominate purpose that it serves.

So, make sure ALL of the Have's, Need's, and Want's above are explicitly included in your website.

I am sure that if you are a first timer and are on a budget you have looked at the "Build It Yourself" template websites that SEEM to cost about as much as steak dinner for one. But not really.

Let's say you wanted to buy a car and the dealer said "Great! You can have a car with the change you keep in your front right pocket! We'll give you the parts and you can easily build it yourself! Glass Fish Tank course you will have to train yourself as a mechanic, but that's easy! Oh. You don't have any tools? Well that's extra." So you buy some tools from the guy. Only to find out, that the tools are not only substandard but not enough to even finish the job. "Oh. You want an engine? Well that's extra." So you buy the engine. Of course you have to be able to install the engine. "Oh. You want a transmission? Well that's extra."

So you buy the transmission and of course you again have to install it yourself, assuming of course you are a trained mechanic who knows how to use the tools you bought. "Oh. You want a steering wheel?" You get the Apex Personal Touch Carpet Cleaning By the time you are done you have paid enough money to buy a Cadillac and you are left driving a broken down, gas guzzling, oil burning, primer painted, pieced together Yugo/Nash/Pinto with a couple of squirrels under the hood that MAYBE will get you around the block.

In comparison, look for a professional firm that delivers a brand new midsized sedan at the cost of sub-compact, with all the above features included. And make sure it can be added on to easily piece by piece as your organization grows until finally you have a Lamborghini. Did I mention that all you should have to do is just get in and turn the key? That would be nice wouldn't it?

Michael Graves,
VP Sales and Marketing,
Visual Edge Design,
http://visualedgedesign.com