How a good rainwater drainage system can prevent damage to your home

June 12, 2016 0

Living in the pacific northwest, you quickly learn how water damage from rain can quickly leave terrible damage to your home even after minimal rain. Water damage can ruin home contents and cause some costly repairs. When people think of rain damage, they usually assume it has to do with the roof, but keeping a properly maintained roof is only part of protecting your family home from water damage.

The following information contains some common areas that can lead to severe water damage if not appropriately drained.

Ground Pitch

If certain areas around your home often have huge puddles of water and flooding or if there are a few places in your garage where moisture regularly collects there might be an issue with the pitch or angle of the grounds outside. If the ground is angled toward the house, water will drain toward the building causing leakage and damage. To make certain that this problem does not happen ensure the ground pitch is turned away from the building. If the ground is not pitched properly, drain tile and other cures can be used to fix the problem.

Gutters

Gutters are designed to collect water that leaks from the roof and feed it to the down spout. For them to be useful, gutters must be regularly maintained. If a down spout becomes full of grime and dirt, then it will not sufficiently carry water and this will cause flooding. This overflow will either cause water damage to your house through the roof, or the water will spill over and collect alongside the building and potentially seep in from there. Marley Drainage pipes and gutters are good quality and hard wearing should you need to replace yours.

Down Spouts

Down spouts can cause water damage issues if they too are not properly cleaned and maintained. Down spouts are designed to take the water from the gutters and carry it way from the building. One common issue with down spouts is they can become clogged and cause the water to back up or leak out of a seam. During rain storms it is a good idea to check to make sure the water is running easily out of the down spout. Also, make sure that once the water exits the down spout it is aimed away from the building. If water is collecting at the end of a downspout, then it is a good idea to add an extender or dig a trench to ensure the water runs away from the building.

Sump Pumps

ISump pumps are a great way to remove excess water that collects under a building especially if you own Hood Canal properties where the problem can be quite common. They block against water leaking into the foundations of your house. Since they will rarely be needed, apart from in extreme weather conditions it is often easy to forget they are there and even easier to forget to maintain them and make sure they work. Ensure to check regularly the sump pump is plugged in and working as it should. It is also recommended to back up a sump pump with a generator that will kick in should the pump stop working.

A Guide on Investing In Commercial Real Estate

May 28, 2016 0

A Guide on Investing In Commercial Real Estate

Investing in commercial real estate can be a great way to make money if you make the right decisions. Many real estate facilities are considered as commercial. Commercial investing involves making deals which apply to office blocks, retail buildings, educational buildings, apartments, warehouses and industrial buildings for example.

Why Invest In Commercial Real Estate

When you consider investing in commercial real estate, you are keeping your savings in a secure place. More importantly, you will get excellent returns on your investment if you make proper decisions from the word go. You can make great profits because this kind of investment has great potential.

Investing in commercial real estate is highly attractive simply because it allows potential investors to own properties and earn a rental income in the future. Depending on the kind of investment you want to make and the amount of returns you want, there are many ways to manage your investments.

Purchasing property can allow you to build equity quickly. Once you own the building you can renovate, reequip or refurbish it the way you want so you won’t have to worry about the terms and conditions stipulated by the owner.

Commercial Real Estate Investment Tips

Investing in commercial real estate is certainly not for everyone since it involves a lot of finances with several risks to boot. Potential investors should be focused and pay attention to every detail. However, the outcomes are worth the time and effort that you put into the entire investment process.

If you seriously want to invest in commercial real estate, you may want to consider taking some informal lessons. In order to succeed when investing in commercial real estate, it is important to be well-informed. You can educate yourself by attending various investment forums or classes or even going through different guides. You would want to know where you are putting your hard-earned money.

In order to realize good returns, it is important to spend your money in right investments. This is certainly the case when it comes to real estate investment because you need funds that can permit you to manage the maintenance needs of a building. You have to spend money to make it attractive to potential tenants. Bear in mind that proper maintenance of your property will allow you to make more money because you will charge higher lease fees, which can significantly influence your income and eventually the overall returns on your investment.

If you are considering investing in commercial real estate, you need to do your homework, be well-informed, come up with a list of potential targets and try to achieve them. Whichever decision you want to make, you should firstly consider the advantages and disadvantages of making that particular decision. When you stick to this advice, you will find it easier to make proper decisions for your investment portfolio.

Commercial transactions can be a long process. This is not always bad, but you should keep that in mind to ensure you are patient and do not make a hurried decision. Consider commercial transactions as a huge retirement platform and not as a way of getting fast cash to cater for your day-to-day requirements.

Avoid selecting properties by default. As such, you could even consider investing in various properties. Look for good sources of finances first. Commercial loans are quite different from residential loan facilities. The down payment required is normally higher than single house loans. Nonetheless, there is frequently no liability in case the deal does work for you and the financiers are more relaxed about allowing you to get the down payment amount from a friend or relative. However, before getting into deals, do your research and know where the right financers are in your town who you can utilize when purchasing commercial properties.

What to Expect

Bear in mind that commercial real estate provides you with a long-term investment opportunity, hence you should not expect to improve your income immediately. It is impossible to profit from the investment overnight. Potential real estate investors must go through seasons of little and even no income. While this can cause fear, you should stick to your long term plans. By doing so you’re net worth will increase over time. Investing specifically in commercial real estate can be challenging and even stressful. However, for smart investors the benefits can be priceless.

By sticking to these guidelines, you are assured of success. Nonetheless, you will get a better understanding about investing in commercial real estate and this knowledge can help you make many successful investments in the future. A well versed LA to New York to Seattle Property Management company can be another investment to make towards this venture.

Real Estate Radio NW

RSS Real Estate Education

  • August 2016: Urban Growth: The Big Question: How do I build a global real estate practice?
    This issue showcases three agents who are making solid inroads with international clients, from a long-term industry veteran who completely overhauled his business to two rising stars on the international stage. Learn how they positioned their businesses for international success.  
  • Education at the REALTORS® Conference & Expo
    Take advantage of the pre-conference courses on November 2 and 3, and don't miss the many education sessions scheduled throughout the conference.
  • Continuing Education Requirements
    To maintain their real estate licenses in the state(s) where they operate, agents and brokers need to participate in defined amounts of continuing education (CE) each year or recurring time period. These requirements are set forth in state laws and are administered by state real estate commissions. The specific requirements, time frames, and due dates […]
  • Code of Ethics Training Deadline is Dec. 31
    NAR now offers three options for members to fulfill their Code of Ethics requirement: Free course for existing members, free course for new members, and paid CE credit course.
  • REALTOR® Safety Course
    Developed in partnership with NAR’s REALTOR® Safety Program, this online three-hour course teaches real estate professionals how to limit risk and increase safety for themselves and their clients. Students will learn how to assess potential risks and develop safety protocols for client meetings, open houses, showings, online interactions, and other business activities. The course will […]