Land DevelopmentLand development is one of the most exciting types of real estate. However, it can also be an area that will teach you some quick and painful lessons if you jump in without knowing what you are doing.By taking some land that isn’t yet fit for building and taking it through the approval process, you can dramatically increase its value.Remember that it also makes sense to start small and work your way up with land development. Starting off small allows you to get comfortable with the land development process and before going out to raise millions of dollars.The simple ingredient that allows someone to make it big in commercial real estate is simply desire, because in the end it really boils down to how bad you want it.If you have a strong enough desire, you will find a way. You need to be familiar with the tools, techniques and guidance that help you along the way. A lot of investors don’t have a real estate license, and they often wonder if not having a license poses a problem.But not having a license will not hinder you.Investing in commercial real estate requires a handful of skills. You don’t need to understand complicated equations but some of the following skills are a must.A few skills that you should have1. Meeting people and making new friends:
Are you able to talk and connect with people easily? Do you like meeting new friends and finding out more about how they view the world? If so, you will do well at creating a stash of contacts. It is important to network with the people who will be investing in your commercial real estate deals because they hold the ‘pot of gold’. People that you meet will eventually be your advisors, investors and partners and they will send deals to you and connect you with wealth-building resources.2. Doing simple maths.
Can you look at a fax and properly enter some numbers into a simple spreadsheet? Can you use a calculator? These skills will help you determine what a commercial property is worth, what you should pay for it and what your payday will be.3. Accounting and Collecting
If you going to be in business then you need to be comfortable asking other people to pay you the money that they owe you.Real Estate, like the rest of life, does have risks. If it didn’t it probably wouldn’t be as muck fun. And it surely wouldn’t pay off with the incredibly strong rates of return that it does. Land development is a way to take a small amount of money and turn it into a fortune. If you can see the vision, stay the course, and make friends with plenty of city planners and other governmental types, you can have a new and prosperous career in land development.Land developments can a great thing, but it can also be quite challenging at times.
Real Estate Property Development Maximising Your Return
Business loan options for startups
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How to Start on the New You – Three Easy Fitness Tips
Before you get started on your journey to the new you, here’s a list of 3 things you should do first.
1. Make sure you have the right athletic shoes.
Are you flat footed? Not sure? What kind of surface are you running on?….. Asphalt road? Rubber track? Dirt trail? How much do you weigh? What gender are you? Do you wear orthotics? Might you need orthotics? How should you lace your shoes? Did you know there are multiple ways to lace your shoes in order to make them more comfortable? These are important factors to think about when choosing a shoe.
2. Determine your THR (training heart rate) Zone.
Many people know that it is important to record and track sets, reps, and weight to ensure progress during a weight training program. Yet many of those same people don’t bother to pay attention to their heart rate during an endurance training program. Think of the THR Zone as sets & reps for your heart while it’s engaged in an endurance training program.
Before you start plugging in numbers, let’s go over a few basics. First, we want to customize the THR Zone to your fitness level. To do so, you’ll first want to determine your resting heart rate. The more fit you are the lower your resting heart rate will be and vice versa. This is why it’s important to factor your resting HR into your THR Zone calculation. The calculator will still calculate a THR Zone without this number but it’s best WITH resting HR factored in. To determine your resting heart rate you ideally want to count your pulse for 30 seconds upon waking in the mornings. Take that number and multiply it by 2 and that’s your resting heart rate. Check it a couple days in a row upon waking to make sure it’s consistent. Remember that exercise, caffeine, stress, sleep, and medication can affect your resting pulse, this is why you want to check it upon waking after a good night’s rest.
Then we want to calculate 3 Training Zones. Warm-up/Cool Down Zone, Aerobic Zone, & Interval Zone.
For the Warm-Up/Cool Down Zone enter 45% in the Heart Rate A box in the left column of the Training Zone Calculator and 65% in the Heart Rate B box. Click calculate in the right column and it will give you a THR Zone for warming up and cooling down. In terms of the warm-up, this should make up the first 5 to 10 minutes of your workout and you should break your first bead of sweat during this time. In terms of the cool down, you should repeat this process for 5 to 10 minutes at the end of the workout. However, instead of breaking a sweat, your goal during the cool-down is to commence the recovery process. The cool-down will allow you to get your hear rate to come down gradually instead of just letting it “crash” by abruptly stopping your workout.
Aerobic Zone: Enter 65% in Heart Rate A box and 85% in Heart Rate B box. Click calculate in the right column and it will give you a THR Zone for working on endurance and burning calories. The bulk of your workout may fall in this zone (20 to 40 min). As your fitness level improves you may try to spend more of your time at the top end of this zone.
Interval Zone: Enter 85% in Heart Rate A box and 100% in Heart Rate B box. Click calculate in the right column and it will give you a HR Zone for working on high intensity activities/intervals of short duration (10 to 120 sec).
Many of you know that I advocate interval training. Once you’ve calculated your zones, you can do some cool things with these numbers to truly customize your workout. Here’s one example:
Let’s say you are lifting weights and you’re doing supersets (this is just one type of interval training). You can use your heart rate to determine how much rest you should take between sets. Instead of coming up with an arbitrary unit of time and then staring at the clock between supersets, you can use your THR Zone to allow your fitness level to dictate your rest period.
First, do your superset. If it’s intense enough, it will raise your HR up into your interval zone (if not, you can increase the intensity by increasing weight and/or reps and by adjusting your tempo). Once your superset is done you will rest until your HR falls down into your warm-up/cool down zone. Then start your next superset.
As your fitness improves, a couple of things will happen. First, you will need to increase the intensity of your supersets just to get your HR up into the interval zone again. Second, as your fitness increases, your HR will drop back down into the warm-up/cool down zone faster thus naturally shortening your rest period. This is a very effective way of tailoring your workouts to your fitness level and it can make a huge difference in your results.
Click here for the THR Calculator
3. Give yourself a fighting chance
When you feel pressed for time, convenient and efficient workouts are of utmost importance. Wouldn’t it be great if you could squeeze in an effective workout in the comfort of your own home? You can build yourself a home gym without a single hammer or nail and do it on a shoe-string budget. You can get a very effective workout with light kettlebells, dumbells, medicine balls, stability balls, resistance bands, etc….
I wish you and yours all the best.
Till next time… Train Like You Play, Play Like You Train.