Posts Tagged → Handymen
October 25th, 2009
Spring Time Renovations Of Your Property
Spring renovations of your home this spring? Make sure that you are properly prepared to paint your residence or commercial property. A quick coat of paint can well improve appearances greatly and even increase the value and saleability of real estate. Still there are a couple of basic tools needed in addition to elbow grease.
In addition to a good paint brush, a quality roller cover is one of those essentials. As with paint brushes, professional quality equipment generally costs only a few dollars more than the low end stuff, but the difference it makes in ease of use and the quality of the finished product makes the small additional expense more than worth it.
A painting roller cover is basically a long hollow tube covered with fabric, foam or other materials. It fits over the cage on the “roller frame” and is what actually holds and applies the paint. There is a huge selection of roller covers that you will find available on the market at your local hardware and do-it-yourself local fix it and upgrade stores for the local handymen. And handy people. However they should all fit on the standard frames of the painting rollers, you will only need a couple of them. Hence you can easily mix and match the covers, which you purchase, to suit just about any and all painting situations that you will encounter on your home and property renovations.
That being said there are several different types of fabrics and other materials that are used to make roller covers. Choosing the right type for the right job can sometimes be downright confusing if not frustrating. Which and what type that you select for your project can be dependent on the type of paint or other finish that you are painting as well the type of finish that you want to achieve . For example the finish could be smooth or textured in appearance
Choice one may be rollers made of synthetic fabrics. Often rollers that are made up of a blend of synthetic fabrics are a proprietary nature developed specifically by that manufacturer specifically for certain painting needs and uses. If that is the case then follow the manufacturer’s instructions for that product. The instructions that are detailed with the unit should well list what that manufacturer lists as being acceptable use for that product.
In general synthetic fabric covers are suitable for most types of latex as well as oil based paints, making them good all purpose covers. They are typically not rated for use with such coatings as polyurethane and epoxy
Next in line when it comes to painting roller covers are lamb’s wool and lamb’s wool blend products. Lamb’s wool covers are generally softer than synthetic covers themselves. They will absorb more paint with less paint spatter. 100 % lambs wool covers are typically suitable for all paints including latex. , but they actually work best with oil based paints. In terms of final product, being smoother, by using a lamb’s wool based roller you finished product will usually be finisher faster and smoother with a more uniform, polished finish
Lastly when it comes to label descriptions and specifications there are a couple points to watch for when choosing your paint roller cover. “Nap length” refers to how long the actual fibers on the roller covers are. Naps range in size from a 1/8 Th of an inch to a full 1
By admin • Posted in Commercial Property • No Comment
May 8th, 2009
Rehabbing Houses Amid The Recession
Many have voiced their opposition to investing today as the economy is still in a recession. However, smart ones know that the economic setback is actually an opportunity to make it big in real estate investing, especially through rehabbing or flipping houses.
Rehabbing is buying an undervalued property, repairing it, and selling it at a much higher price. Investors are taking advantage of the proliferation of undervalued properties across the country and are turning these old houses into new homes.
Flipping houses is indeed enticing, especially to those who love maintaining homes. Handymen, or those who like to do odd jobs on their own, will love this business. You get to repair a house and beautify it, which is something you like doing, and get paid for it handsomely. While others simply love rehabbing houses, it is the huge rate of return that really attracts people into this form of real estate investing. Those who are really good at it earn a $10,000 paycheck with just one project.
Another good thing about rehabbing is that it does not require a huge capital. Matter of fact, you can start flipping houses with little or no capital at all. This is possible through hard money financing, which unlike traditional loans, will be able to fund the whole project. Traditional lenders like banks only lend money to buy the property you want to rehab. If that property’s worth $90,000 then you’ll get $90,000 from the bank. You must then shoulder the repair costs needed to raise the property’s value.
Hard money financing, meanwhile, is based on a special formula. Lenders usually give out 70% of the after repair value (ARV) of the property. The ARV is the value of the property after you complete all the repairs and renovations on it. The 70% ARV is usually enough to buy the undervalued property and may even partially or fully cover the repairs.
What is important is that you learn the basics of this business first. Ask seasoned realtors and investors, read books and magazines about real estate, and find informative websites that can help you in your real estate investing. Try visiting REIwired.com, which is a repository of videos, sound files, and articles discussing various topics related to real estate investing. The web site is ideal for beginners who know nothing about the business but would like to take advantage of the current market condition and make a fortune from rehabbing.
By admin • Posted in Investing • No Comment