Easy Home Renovation For Profit

How Do you Research your suburb?

Tim — Thu, 11 Mar 2010 06:06:45 +0000

Today, I write to describe for potential home buyers some easy ideas, to practically implement to find your new home.
1 Monitor your favoured suburb. It might be near your friends and family, or good schools, shops and transport Ideally all of the above. Ask your network !
2 First, check out the local shopping centre. Is it vibrant with activity and new shops opening? This represents small businesses choosing your area to expand and invest into. Particularly, the lifestyle shops, like coffee shops, gyms, leisure centers, restaurants, new franchise shops, ideally a whole new shopping centre. The big supermarkets expand only after careful research on the growth opportunity.
3 Interview, some of these shop keepers, are they busy, enthuseastic, expanding and renovating their shops.

4 Reserch via the local councils and state governments. They plan new transport links, shopping precints and capital works many years ahead.
5 Are the local schools expanding and building new rooms? The “quality ” of local schools is consistently one of the highest factors in suburb selection.
6 Check out the latest valuations data of local home prices, usually over the internet via valuation sites like domain. com realestate.com

7 Check ou the suburb over view on Google earth.
8 Drive through the suburb many times at different times and days of the week to check traffic flows, neighbiours.
9 My personal favourite is to actually walk your favoured selected streets. I have often found the ideal renovator with this method.

Whats up about interest rates ?

Tim — Tue, 09 Mar 2010 12:04:45 +0000

Given the Reserve bank has raised rates again, whats likely in the future? Lets read the RBA summary, basically they are increasing optimistic into the future. Let us remember its an election year. There are many key state elections before a federal election. Thus the temporary Government stimulus is only going to be withdrawn gradually.
More of the same unfortunately, with coking coal agreements up 80% on last year and the “spot” market for iron ore up 300% , on last year. The iron ore agreements are not yet released. The steaming coal agreements are also likely to be up strongly. It is increasingly looking like a two speed economy, stronger for the mining areas and flat for the rest. Minerals and coal are Australia’s key exports, both in value and rising volume terms.

The futures markets give probably the best indication for interest rates, expecting a rise of around 100 basis (1%) points over this year. The interest rates risks might be seen as upside, especially if the USA economy starts to recover! There is even early talk of potentially an “overheating ” effect in the Australian economy within three years.What would a prudent man do? Potentially fix a portion of loans and keep a portion variable. This way if interest rates soar one is slightly protected. If rates fall and one has a windfall gain, one can pay off a portion of the loan without penalty.
Consult your advisor. So much more like a FREE ebook at website easyhomerenovating.com

New products in Home Skylights

Tim — Mon, 08 Mar 2010 07:50:40 +0000

New home building products are often being made. I write today about home skylights. I have found them an excellent improvement. In the past, many older homes have small windows and poor internal lighting. One of the best improvements is a skylight into the Bathroom, Kitchen, Entrance hall or dark Hallways. They can introduce light and warmth into narrow or poorly designed home.
Just like home windows they come in a wide range of shapes, sizes and options. The Tube skylight can introduce light into hard to get to places like above a stairwell, as it can fit through a wall.
Types of home skylights, include opening, double glazed, plastic, multi chromatic, with shades. There are just as many types of home skylights as there are windows.
All good home window suppliers also offer skylights, even the big bulky goods hardware stores, there are specialist suppliers who install as well. Some popular brand names in skylights include, Garron, Velux, Stegbar, Solatube, Double dome, Skydome, Pyralite, Eco-lite and Sun tube.
There are small solar tunnels skylights, with an internal mirror finish to guide the light around corners. These can be installed for hard to light, places like cupboards, hallways or toilets. If you are looking for high impact, low cost measures, a home skylight is one of the best,and good for profit. Its a great addition.
Of course, so much more available from the FREE ebook: check it out!

When should I home renovate ?

Tim — Fri, 05 Mar 2010 12:55:17 +0000

Well I suggest just as soon as you are ready. Why the hurry to start work on home renovating ? Well close to 85% of the homes in Melbourne required for the next 25 years have already been built. Given Melbourne is such a large city with so many homes on large blocks, subdivision and retrofitting like renovating will be huge!
Given the decline in government welfare support, such as the aged pension and other benefits. Only about 10 % of Australians retire on a comfortable living standard. Only 1% percent retire onto a very good living standards. We are all supposed to have made excellent provisioning through the Super Guarantee Levy. But this takes no account of erratic and casual wages jobs: let alone the self employed.
In the past, investors might have relied on the sharemarket or fixed interest investments. But given the great volatility of shares and the harsh tax treatment on fixed interest incomes:Investors need both higher and more secure returns.
The expected slower growth of USA and Europe for the next ten years means many investors will be looking for high returns elsewhere.
But isn t China, India, Brazil, Russia and Asia going to rescue world growth and boost Australia ? Answer, well who knows?, but we dont have to gamble on vicarious success.
I am certainly looking to buy, renovate and upgrade a home. One can start on your private home. If you can upgrade and revalue your home dramatically : you will have the equity profit to proceed with an investment home. Create your own deal with a good profit margin.
So much more in the FREE ebook, check it out! Its easy to access the info !

Home Retrofit easy Green Home Ideas!

Tim — Wed, 03 Mar 2010 01:44:33 +0000

Discovered some quick and easy Green ideas for the home owner.
Below, I show some Fast and Easy Green ideas.

Given the Federal government’s aim for 20% of the nation’s energy to be generated from renewable resources by 2020. For a new home, this move to a six star energy efficiency rating is considered to add up to $10,000(MBA) to the cost of a home. Households in an established home might consider the implementation of ideas as soon as practicable.
Easy Features one can consider,as an addition.
1 A home Skydome power vent to remove hot air from the roof cavity. It can operate on a heat sensitive power switch.It reaches a certain heat level, then switches on to extract this hot roof air.
2 Underfloor insulation: just as everyone now expects insulation in the home roof. I have just removed the carpets and polished the floor. I find the timber floor is a relatively poor insulator. Might have to do this one myself this winter.
3 Energy efficient glass in your windows. Home Glass can have an E rating, its a guide to its energy transmission level. There are some cheap and effective PVC coatings that are available these days, too.
4 Home Wall insulation is some thing quite cheap and effective too. One employs a professional service to drill holes and pump inert foam into the external wall cavity; where it solidifies and stablilizes.

5 Last winter, given the rise in electricity prices. I installed seals around all the doors and windows. Its such a cheap, fast effective way to make a big difference. At a price of about $1.5 per door its cheap.
6 Discovered a power saving ” sleep mode” switch for the big TV. Claims it will cut the home power bill. Some experts claim that up to 10 % of you home power consumption , can be from the sleep mode of electrical goods. Hope so!

So much more at the FREE ebook site !

Prospect for the Victorian Property Market

Tim — Tue, 02 Mar 2010 03:31:11 +0000

High population growth
Low rate of home building
Interstate migration
New Infrastructure
New Freeways , trains, University , Airport?

Government Cash for home Environment!!!

Tim — Sat, 27 Feb 2010 04:40:16 +0000

Government policy on the Environment will always be in a state of change. I believe a continuing flux of measures will be introduced and applied all the time. The change to a lower carbon intensive economy will take many years. Home owners who have missed the last scheme will have access to the next scheme. No need to become disheartened or confused, just research the latest and apply what suits best.

The announced rise in electricity prices is a likely harbinger of future rises.The switch from a cash rebates to the sale of REC Renewable Energy Certificates has been unsuccessful. But now due to major reworking of the schemes. The newest scheme will be much better. The government has moved to secure the valuation of REC at a $40 per Kilowatt hour, and this is seen as a good price. Previously, after the failure of the World Copenhagen climate summit REC had fallen to low levels. Apparently the Renewable Energy Target scheme is to aim for 20% of energy from renewable sources by 2020. This will be the equivalent of $6,200 for a home based 1.5Kw solar panel power system: and $1,200 for a standard home solar hot water system.

Breakthrough New Technology for Windows.

Tim — Tue, 23 Feb 2010 05:56:40 +0000

I find that a very large factor for home insulation is the windows, both their size and the glass product. Windows with aluminium frames can be excellent conductors of heat and very poor insulators. A modern trend is to improve the home window with PVC cover windows. This gives one most of the benefits on double glazing but at a mere fraction of the cost. In Australia, the public appear to be scared of the cost of home double glazed windows. But if they are built in first into a new home, the extra cost can be marginal, it is after all, mainly labour. In Europe, one might consider it perfectly reasonable to have triple glazed windows!!!!
Another less expensive option is the Ceramic window insert : Such as the Huper Optik (see huperoptik.com)

This home window insert can deflect up to 70% of heat ingress, while still maintaining the valuable sunlight through.The film product has embeded in it, titanium nitride beads that block the UV light, while letting visible light through.

Another interesting development is the potential for home windows to also be solar panels. This is where a largely transparent window can be electronically frosted, using photo- voltaic embeded glass. Currently, this is being tested in commercial buildings and could be availabe for the home by 2011 (see solar.tm).
So much more to read from the FREE ebook ! Its so easy.

Where is the Home Market going right now?

Tim — Mon, 22 Feb 2010 00:14:07 +0000

Well talk about confusion!
Never seen so much smoke and mirrors:plenty of countervailing currents here. Many reports say a home in Sydney and Melbourne are amongst the worlds most unaffordable compared to income. Interest rates are on the rise. More land is released on the fringes of Melbourne. Some of the First Home grant incentives are being wound back.
Mark Armstong, CEO of Property Planning Instiute says, The use of Median figures, as indicators of affordability greatly over simplifies the property market. A Sydney home appparently ranks second most unaffordable compared to incomes right behind Vancouver.
AMP’s Economist, Oliver says continued “under building” of around 45,000 to 50,000 homes a year. ANZ Bank is also very optimistic, for the home market. What can it all mean?

Lets keep it simple. I argue, if Australia is raising interest rates this will be only be after careful consideration of the world economic data. We simply cannot afford a slowdown or recession in an election year. In the USA, current data and reports suggest onterest rates will remain low for the foreseeable short term future. Thus I say interest rates are a likely laggard. If Australia continues to grow as seems likely, there will be more numbers of people employed and for longer hours, thus leading to higher family incomes. latest figures show some extra 160,000 employed in the last 6 months. I prefer to see the home market as “prices up side risk”.
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Real Life, home Water Saving Environment ideas!!!

Tim — Wed, 17 Feb 2010 10:59:23 +0000

Given I have been tackled about the home Environment, What have I actually done for water saving? Well thrash me with a damp lettuce leaf !!!
I note below, a short list of things I have done.
1 Always chosen highly rated WELLS water appliances.
2 Installed Front loading washer, which saves 60% of the water compared to a top loader.
3 Built grey water recycling systems.
4 Installed highly rated modern dual flush cisterns. These use 3.5 litres a flush, saving a home some 35,000 litres a year.

5 Built Rainwater tanks for the garden. Connected the home tanks to the internal cisterns.
6 Removed garden sprinklers and replaced with a drip irrigation system.
7 Replaced taps and shower heads with low flow models.
8 For the garden beds, I have spread tonnes of red gum mulch.
9 Removed delicate plants like Daphne, Chrysanthenum, Azaleas, replaced them with hardy native plants.
10 Established low growing Herbal and couch lawns.
11 Check all my water using appliances with water efficiency websites. Like www.smartwater.com.au
12 Planted deep watering Agricultural pipes, for new bushes.
13 Built gravel bed gardens.
14 When planting new bushes I place a large rock, adjacent as a rock mulch.
Thus I have made a start to reducing and monitoring water use.
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