How To Save Energy (and Money) When Renting An Apartment
Posted on February 12, 2008 - Filed Under Business | Leave a Comment
Lighting
The first tip on our list is a no-brainer – turn off the lights in your apartment when they aren’t in use. When they are in use, try using compact fluorescent lights instead of regular incandescent light bulbs. While they are more expensive, fluorescent bulbs will pay for themselves many times over in the long run, as they consume about a quarter of the power and last up to 10 times longer than regular bulbs.
Heating and Cooling
Read More..>>The Bigger The Property, The Easier It Is To Get The Money!
Posted on February 7, 2008 - Filed Under Business | Leave a Comment
That statement sounds hard to believe doesn’t it? The bigger the property, the easier it is to get the money for it. How could that be possible?
Having been investing in multi-family houses for over ten years now, I can tell you that it is actually easier to buy and own a hundred unit complex than it is to own a ten unit building.
There are several reasons why this is true. The first being the financing, lenders are not paid a flat rate for lending on properties, lenders are usually paid based on a percentage of the loan amount. Let’s say they earn a profit of 2% of the loan amount.
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