As I write this newsletter, the media is hawking the slow down in the real estate market. The majority of the historically "hot" areas of the country are experiencing a 10% slow down in resales and new construction permits, with the Midwest being the positive exception. If new construction real estate speculation, founded upon rapid appreciation, was your game plan, you may now be rethinking your strategy. Perhaps it's time for not a new strategy but a new game consider. Here's a thought for you. As opposed to buying and selling real estate, why don't you consider being financial institution? A new light is being cast in the role of being the Lender instead within the owner of this property. Let's take a take a some in the options being the Lender and holding notes with your IRA or self-directed retirement plan.

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Unlike individual homes where piping goes directly to your unit, condominiums and other high-rise buildings will have a main water storage tank and intermediate pumps to send out the water to your tap. It is a requirement to have water storage tanks keep storage of one day water demand for that whole block as a secure back-up for fear that of water supply interruption by the authorities. As the storage is definitely an automated system with detection to start bringing water into the tanks by means of reaches carrying out level, some high buildings may require two pumps instead of one. Does your block pursue these wishes?

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The governments promote free energy set. The government will reimburse you. In the USA the tax credit is 30% at least $2000 for solar electric and solar hot water and at least $4,000 little wind turbine. That's not much for commercial investment of $20,000 to $80,000; but this can be a bunch for DIY projects of $100 to $6,000.

Water and sewer could be the largest line item expense for most mobile home parks. That means that discounts on is actually important to going to be the biggest savings perfect make. Your park usage is not magic, it is just fit. If you take these steps you maybe a complete handle on where water is going, and then take steps to reduce the usage. Keep in mind that, assuming a 10% cap rate, even an $80 thirty day period savings adds to the value of the park by nearly $10,000. And need to know be rrn a position to save much, much in excess of what that If you cherished this article and you simply would like to acquire more info concerning commercial insurance [www.linkcentre.com] kindly visit the web site. .