Nick Child

Legal Matters To Consider When Planning To Contruct A New Building

1) Zoning regulations Every city and town has zoning regulations that dictate what can be built in specific areas. Unfortunately, these regulations vary widely from place to place, so it is important to consult with your local zoning board before beginning any construction project. Ellisons Solicitors is an excellent option

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6 Reasons To Consider A Career In The Oil And Gas Sector

The oil and gas industry generates trillions of dollars each year, making it one of the biggest revenue-generating sectors. Therefore, it’s evident that this industry has numerous lucrative employment opportunities. This shouldn’t be a surprise considering oil and gas play a central role in the daily running of several other

Read More »

7 Ways To Reduce Machine Downtime In Manufacturing

Machine downtime can be a severe threat and crucial problem, particularly for the manufacturing industry. A longer manufacturing time caused by downtime may equate to extensive financial loss for any company. On the other hand, if product manufacturing is maximized and takes minimum time, more profit can enter the business.

Read More »

How to nail your next real estate job interview

Job interviews are loved by some and loathed by others but whichever category you fall into, a few tips to help you along the way never hurt. When it comes to real estate job interviews, it’s especially important that you do your best to communicate as effectively as possible, as

Read More »

What Is Instructional Design?

Instructional design, or instructional system design (ISD), is the development of learning experiences and materials that result in gaining and applying knowledge and skills. The discipline is based on a system of assessing needs, designing a process, developing materials, and evaluating their effectiveness. ISD is a practical and systematic process

Read More »

A Guide To Ground Floor Flooring

Are you about to redecorate? If that’s the case, you need to know which floors are suitable for the ground floor of your home.  Dining room  For some, the dining room is the hub of the home. It’s a chance for family and friends to get together, and often encounter

Read More »

Essential Design Elements for the Perfect Master Bedroom

Your master bedroom should be the most relaxing and peaceful spot in your home, where you can simply relax and unwind. As a result, the design elements should be nothing short of spectacular. You should feel welcomed as soon as you enter your room, thanks to furniture items from a

Read More »

5 Best Ways To Close More Real Estate Syndication Deals In Less Time

Real estate syndication is the process of developing a pool of investors for funding a real estate project. So, technically, a syndicator needs to master the art of selling a concept, a real estate project that will bring profit shares to the investor’s accounts. However, closing real estate syndication deals

Read More »

Is It Hard To Build Your Own Home?

Most aspiring homeowners prefer buying already-built homes, while others prefer building one themselves.  The buying option is pretty straightforward; make a budget, get on the market for a home within your budget, buy, and the house is yours to live in. On the other hand, building a house is quite

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Latest Issue
Issue 326 : Mar 2025

Nick Child

Legal Matters To Consider When Planning To Contruct A New Building

1) Zoning regulations Every city and town has zoning regulations that dictate what can be built in specific areas. Unfortunately, these regulations vary widely from place to place, so it is important to consult with your local zoning board before beginning any construction project. Ellisons Solicitors is an excellent option to choose when you want to hire a professional lawyer to help you through this process. Failure to comply with zoning regulations can result in hefty fines or even the demolition of your new building! Zoning regulations are put in place to ensure that buildings are constructed safely and don’t violate any existing laws. For example, you wouldn’t want a factory to be built next to a school because of the noise and air pollution it would create. Zoning regulations help prevent these types of problems by dictating where certain types of buildings can be constructed. If you’re unsure where to start, the best place to begin your research is with your local zoning board. They will be able to provide you with a list of regulations that you need to comply with. Once you have this information, you can begin the process of designing and constructing your new building! 2) Building permits To construct a new building, you will need to obtain a building permit from your local government. This document is proof that the appropriate authorities have approved the construction project, and it outlines all of the specific regulations that must be followed during construction. Building permits can take anywhere from a few days to several months to process, so it is important to start this process as soon as possible. If you fail to obtain a building permit or violate any of the conditions outlined in the permit, you may be subject to fines or even imprisonment! It’s also important to note that not all buildings require a building permit. For example, detached garages and sheds typically don’t require one. To find out whether or not your project requires a permit, you can contact your local building department or do some research online. 3) Hiring a licensed contractor Once you have obtained the necessary permits, you can begin the process of hiring a licensed contractor to help with the construction of your new building. It is important to only work with properly licensed and insured contractors. This will protect you from liability in the event that something goes wrong during the construction process. When hiring a contractor, there are many things to consider, such as their experience, price, and reputation. Be sure to get multiple bids before making a final decision. Once you have selected a contractor, be sure to sign a written contract that outlines all of the terms of your agreement! Constructing a new building is an exciting endeavour, but it’s essential to make sure that you understand all of the legalities involved before getting started. By taking the time to do your research and consult with the appropriate authorities, you can avoid costly mistakes and ensure that your project is completed successfully!

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6 Reasons To Consider A Career In The Oil And Gas Sector

The oil and gas industry generates trillions of dollars each year, making it one of the biggest revenue-generating sectors. Therefore, it’s evident that this industry has numerous lucrative employment opportunities. This shouldn’t be a surprise considering oil and gas play a central role in the daily running of several other industries, from manufacturing to construction.   But, what reasons make a career path in the oil and gas sector viable?  Here are some enticing benefits to help you see why a career path in the energy industry is a wise decision: Great Earning Potential   Financial stability is one of the main reasons why people search for jobs in the respective industries of their choice. And, if you choose to pursue a career in the oil and gas industry, you’re guaranteed handsome compensation for your skills and troubles. On average, the salary in this sector is USD$76,883 per annum, making it one of the best paying industries. And, with a 23% rise in oil work in Alberta and other parts of the world, you shouldn’t miss out on the potential to earn such a lucrative income.   This high earning potential applies to your starting salary and even as your career advances. Therefore, you can make a six-figure salary in the long run after obtaining relevant experience and expertise. In addition, there’s the potential to earn lucrative bonuses.   Broad Range Of Opportunities   The oil and gas industry provides you with an unparalleled range of opportunities, be it technical or non-technical roles. Therefore, you’re sure of finding a career path that suits your skills and expertise, and a niche that fascinates you. You also get the option to work in a broad range of environments besides heavy machinery or around oil rigs offshore, which is what most people assume. Instead, you also get the option to work in the office or lab. This range of different work surroundings is something jobs in other sectors don’t offer.  Travel Opportunities   Another advantage of working in the oil and gas sector is that you get to enjoy immense travel opportunities. This is a privilege you’d only dream of in careers across numerous sectors. So, if you enjoy traveling, a career path in this industry will undoubtedly be perfect for you. This is because the oil and gas sector is global and in every country across the globe. Therefore, you can be required to travel for short-term assignments, business meetings, training, or work projects in any country in the world.   During these many travel opportunities across different areas of the world, you’ll have the chance to interact with lots of people, with different mindsets and perspectives. You’ll also better understand the industry by learning of the unique challenges and conditions in these different countries.   Environmental Sustainability   Many companies have put in great effort to make the environment more habitable, including those in the oil and gas sector. And, if you’re passionate about curbing environmental degradation, a career in this industry is the right way to go.  Companies in this sector have done this by developing innovative ways of making their operations more environmentally sustainable. These include the use of advanced software and modern equipment to help safeguard the coming years for the wellbeing of future generations.  Room For Professional Growth   No one person enjoys career stagnation because this results in a loss of morale and, consequently, reduced productivity. If you also share such a concern, a career in the oil and gas sector is the best route to take. You’re guaranteed to go up the ladder and career mobility in this industry regardless of your initial job role.   The career progression in this industry is thanks to the numerous trainings that allow you to learn skills, such as time management, effective communication, business basics, and conflict resolution. Learning such skills will help propel your career to greater heights rather than remaining in the same position for several years.   Technological Innovation   Companies in the oil and gas sector have allocated considerable sums of money to develop innovative technologies that can help improve efficiency and cut operation costs. If you enjoy access and working with advanced technological equipment, this industry is a perfect fit. Besides being up-to-date with the latest technological innovation, you’ll also gain invaluable knowledge on how to use such technology, which can help you later on as you progress with your career.   Takeaway   It’s easy to be on the fence on whether a career path in the oil and gas industry is advisable due to the changing market dynamics toward electrification. However, you shouldn’t have any such concerns as this sector is here to stay. But, if you need further convincing, this guide has detailed reasons to consider a career in the oil and gas industry.  

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7 Ways To Reduce Machine Downtime In Manufacturing

Machine downtime can be a severe threat and crucial problem, particularly for the manufacturing industry. A longer manufacturing time caused by downtime may equate to extensive financial loss for any company. On the other hand, if product manufacturing is maximized and takes minimum time, more profit can enter the business. With that said, it is necessary to find ways to maximize manufacturing productivity and reduce machine downtime. To help you, take a look at the seven ways below in reducing machine downtime in manufacturing. Create A Technology Plan And Adapt Modernization Creating an updated and strategic technology plan for your manufacturing plant allows you to integrate new technologies and implement modernization. A step-by-step plan is vital to have a clear outline and plan of action to achieve your goal in adapting and implementing modernization.  Having a technology plan and adapting modernization will help your company achieve increased productivity, better automation which improves production performance, and better machine and equipment performance, which reduces unplanned machine downtime. Overall, this increases your company’s manufacturing rate.  To explore more about high-quality equipment and machinery with added technologies to help your company implement modernization, you can visit onemotion.info. Improve Staff Communication Communication between departments, supervisors, and personnel should be at its peak. Every team member must be informed and provided details concerning downtime and business profits. The supervisor must provide details on what should be done, at what time, and what shouldn’t be done. This makes every team member feel part of the team in making important decisions which implements an increased sense of urgency and efficiency. More importantly, having good, quick, and efficient communication between departments helps appropriate personnel address issues faster, minimizing downtime.   Upgrade Manufacturing Equipment Upgrading your manufacturing equipment improves your production performance and often reduces manufacturing downtime. Unreplaced machinery slows down the manufacturing performance. Hence, making the company unproductive. Installing new parts in the machine allows your plant floor to stay up-to-date with the latest technologies. Set A Maintenance Plan  It’s always good to have a budget and a plan for upgrading machinery equipment to reduce downtime. Additionally, having a maintenance plan and carrying out machinery repair is critical to maintaining a high level of business productivity. A developed strategy should include preventive, predictive, and conditioned maintenance. Preventive maintenance is performed during planned downtime. It’s a regularly scheduled check-up done whether the machine is down or not. While on the other hand, predictive maintenance is the most important because it requires a specialist that checks on the machinery failure before it occurs and deals with it before the production process is disrupted. Conditioned-based maintenance is repairing equipment after failure has occurred. Unlike preventive and predictive, conditioned-based happens during the unplanned crisis, making it costly to solve the downtime. Track Your Downtime It’s advised to know where, when, and how downtime occurs. An easy way to track how and when downtime occurs is by recording all the maintenance, troubleshooting, and overhaul that have been done, including its costs. By carefully and accurately following these records, you’ll know when downtime is more likely to happen and which part to prevent it earlier. Properly Train Equipment Operators Human errors are one of the causes of downtime in product manufacturing. It’s advised to ensure proper training for production line employees to be familiar with the machine and what they’re doing in the factory. Also, the operators should be shown how to maintain all equipment and how to handle a breakdown. Personnel training must be one of a company’s utmost priorities. This is because aside from producing efficient results, it also helps to improve safety in the production line. Conduct Regular Risk Audits Risk audit is critical to be conscious about in the manufacturing business. You can experience losses due to unplanned downtime. Therefore, it’s necessary to perform risk audits, whether regularly or occasionally. This can help identify which equipment should be replaced or repaired. For the old machine, you can replace them with new ones because finding old replacements can be complex. A risk audit will help notify the problem before it happens, reducing frequent downtime in the manufacturing process.  Conclusion Downtime can cause damages to your business and is also known to cause hazards, especially when it is unplanned. Therefore, it must be managed and handled properly. However, it is significant to note that it can be reduced and prevented in many ways.  Remember to follow the tips mentioned above to help reduce machine downtime, avoid encountering losses, and ensure a high level of productivity in your manufacturing business.

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How to nail your next real estate job interview

Job interviews are loved by some and loathed by others but whichever category you fall into, a few tips to help you along the way never hurt. When it comes to real estate job interviews, it’s especially important that you do your best to communicate as effectively as possible, as this is going to be such a big part of the role if you do get it. Here we are going to explore some ways for you to nail your next real estate job interview. Fail to Prepare, Prepare to Fail… Preparation is absolutely key for most job interviews, but particularly so with real estate ones. The market is saturated so you’re likely to be up against a lot of other candidates. So, you’re going to want to understand the company that you’re having an interview with and how they work – for example, check out how Compass real estate makes money here. Oftentimes, you will be asked what you already know about the business and why you want to work for them, so make sure to have thorough answers prepared for this type of question. This leads us on to practice questions. Create a list of questions you could be asked and write down strong answers. There are so many resources online that can help you with possible questions and good answers to go with them. However, you do need to ensure you’re not just copying and pasting – make your answers personalized to you. You also need to consider the skills needed for the role, as specified in the job advertisement. Study this and ensure that you highlight how well you match up to the skills needed when prompted in the interview. Try Your Best to Relax Although it’s easier said than done, in a real estate interview you are essentially selling yourself, which is an integral part of the role you’re applying for – real estate roles usually revolve around sales. So, a few tips on how to feel as relaxed and comfortable in your interview are as follows: ●      Take long, deep breaths in through the mouth and out through the nose. This should lower your heart rate. ●      Take your time and think over your answers – this will show you’re taking care and consideration over your words. ●      Get a good night of sleep beforehand so that you wake up fresh and ready. Make sure to get a good breakfast in too so that you’re not distracted by a rumbling stomach. ●      Give yourself plenty of time to get to the interview (if it’s in person) so that you’re not rushed and stressed unnecessarily. Being punctual is also a desirable quality you want to be able to show off to your prospective employer. ●      Fake it until you make it – if you are nervous, try to channel that into excitement. Tell yourself how much you’re looking forward to the interview to try to trick your brain. Don’t put too much pressure on yourself, if you don’t get it, it’s all good experience and you can learn something from it. Interviews get easier the more you have, so don’t be disheartened if it doesn’t work out straight away. You will improve and you will find a job that is right for you. Fingers crossed!

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What Is Instructional Design?

Instructional design, or instructional system design (ISD), is the development of learning experiences and materials that result in gaining and applying knowledge and skills. The discipline is based on a system of assessing needs, designing a process, developing materials, and evaluating their effectiveness. ISD is a practical and systematic process for designing an effective curriculum. Instructional Design Models One of the most commonly used ISD models is Analysis, Design, Development, Implementation, Evaluation (ADDIE). In the past few years, the utilization of more agile, iterative approaches has come into play. Agile models, such as the Successive Approximation Model (SAM), involve shorter design sprints in which a prototype is quickly created, reviewed, and revised until the stakeholders are happy. The most common instructional design models include ADDIE, Cathy Moore’s Action Mapping, the Dick and Carey Model, the Kemp Design Model, Merrill’s First Principles of Instruction, SAM, and Agile or rapid prototyping. Part of designing models that inform and convey clear information is using the right visualizations. A line chart provides a clear graphical representation of time-dependent variables and is the best method of showing trends or variables over a period of time. This simple chart comprises data values plotted as points along X and Y axes and connected with line segments. The X-axis represents time while the Y-axis represents a metric of interest of the period being tracked. There are several different types of line graphs, including multi-series line charts, multi-axis line charts, step-line charts, zoom line charts, scroll line charts, and spline or fitted curve line charts. A line chart is a useful visualization tool when tracking a time-dependent variable, watching trends, and spotting and comparing patterns between variables. What’s an Instructional Designer? An instructional designer uses this methodology to design and develop content, experiences, and other solutions that support the gaining of new knowledge or skills. They conduct a needs assessment to determine the learning needs, including what the learner needs to know and do as a result of the training and what knowledge and skills the learner already has. Instructional designers then create a course design and all instructional materials such as presentation materials, participant guides, handouts, and job aids. They are also responsible for evaluating the effectiveness of the training and determining whether the learning solution resulted in a measurable behavior change. Instructional design requires analyzing and selecting the best strategies, methodologies, and technologies to maximize the learning experience and knowledge transfer. The best way to achieve your career goals and earn the knowledge and skills necessary to succeed is to pursue higher education. The University of Cincinnati’s Master of Instructional Design and Technology degree is ranked among the best by U.S. News and World Report. The online program focuses on the design, development, and evaluation of instructional materials and programs, as well as the use of technology to deliver educational and training services. The education technology online program delivers an interdisciplinary educational experience with coursework in the fields of cognitive science, education, design, information technology, and computer science. Over 30 credit hours, students complete coursework in instructional design, multimedia studio use, designing online assessments for data-driven decisions, and trends and issues in learning technology evaluation. Upon completion of the online masters instructional design program, graduates are prepared for careers as online instructors, corporate online trainers, online learning content developers, e-learning consultants, educational technology specialists, and e-learning managers. Instructional Design Components The components of most instructional design models and processes are similar. A needs analysis includes understanding learners’ needs and why a learning solution is necessary. In some instances, a learning solution isn’t necessary and another type of performance improvement or non-training solution is more appropriate. During the analysis stage, the goals of the training are developed, including learning objectives and determining how the training will be given. Design and development include the design and creation of instructional learning materials and delivery methods. The evaluation process looks at how to determine whether or not the learning solution was successful. Popular evaluation models include Kirkpatrick’s Four Levels of Training Evaluation, Brinkerhoff’s Success Case Method, Philips ROI Methodology, and the Learning-Transfer Evaluation Model. Use this information to decide whether or not instructional design is a good field for you!

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A Guide To Ground Floor Flooring

Are you about to redecorate? If that’s the case, you need to know which floors are suitable for the ground floor of your home.  Dining room  For some, the dining room is the hub of the home. It’s a chance for family and friends to get together, and often encounter lots of food and drink. We understand accidents happen, so you need a floor that’s durable and water-resistant. Lucky for you, we have the perfect one. LVT flooring is a great floor to have in the dining room. Not only is LVT water-resistant, but it’s also scratch-resistant and durable, making it the no.1 choice for dining rooms. You can get it in a wide range of colours and textures too from smooth grey, to brushed white. The options are endless!  Hallway  Looking to make a grand entrance? Then you need solid wood parquet flooring. Hallways and stairs are areas of the home that encounter lots of foot traffic, so you need a floor that’s durable as well as practical. Solid wood floors are known for being strong. They can withstand heavy foot traffic while looking gorgeous in your home. Solid wood can last a lifetime too, so there’s no need to replace it. If you don’t like the worn look, just sand it down!  Bedroom The bedroom. A place where we go to sleep, relax and wind down. Bedroom floors don’t get much use, so you have the freedom to choose any floor based on your interior style. But if you’re a person who leads a busy lifestyle, you need a floor that can cope with heavy foot traffic. If this is the case, luxury vinyl tiles are a great option. Not only are they stylish, but they come in a wide range of colours, textures and finishes. Not to mention, they’re also really easy to install too!   Bathroom  If you’re looking to decorate your bathroom, then you need a floor that’s waterproof. SPC vinyl is a great choice for bathroom floors. Not only is it stylish and practical, but you can also get the solid wood look without the expensive price tag. So, if you want to create the spa you’ve always wanted, then vinyl flooring is the one for you. Living room If being warm and cosy in front of the fire in the living room sounds like your ideal Friday night, then you need a floor that’s warm as well as practical. Living rooms are often places where friends and family get together, and often come with accidental spillages. This is why engineered flooring is the best option for you. The beauty of engineered wood is that you can have a solid wood look, without the worry of water damage. Whether you’re having parquet in the hallway, vinyl in the bathroom or engineered in the living room, there is a floor suitable for every room in the home. We hope we’ve helped you make your decision a little easier. 

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Essential Design Elements for the Perfect Master Bedroom

Your master bedroom should be the most relaxing and peaceful spot in your home, where you can simply relax and unwind. As a result, the design elements should be nothing short of spectacular. You should feel welcomed as soon as you enter your room, thanks to furniture items from a reputable retailer such as Eva Australia, as well as the paint and aroma. This article will teach you everything you need to know about designing your master bedroom and how to hit the nail on the head when it comes to doing so. So let’s begin: The color schemes The first and foremost element when it comes to designing your bedroom is the color scheme you decide to go with. As a general rule, you should go for hues that are soft to the eyes, so much so soft shades like pink, light blue, lilac, or tan may be fit for the bedroom. The issue that is prevalent with adding very vibrant colors is that they keep the energy busy, making sleeping hard. Suppose you are using wallpaper; try to use subtle and chilled art. For instance, you may have a forest or a beach mural, which is always associated with relaxing and unwinding. The mattress and headboard The mattress is yet another design element that will definitely change how your bedroom looks and feels. There are numerous kinds and designs in the market, so select one that is comfortable fits your bed like a glove. When it comes to the headboard, you also have to factor in your nighttime habits. For instance, if you are a reader, before hitting the sack, select one that has cushioning so that your back is secure and comfy as you read. To get the best of both, always test them out first at the store before buying them. Lighting fixtures Next, you need to include light fixtures that accentuate the room’s appearance. Again, if you are a reader, including a bedside nightshade lamp may be a very wise decision. These lamps are great since they only produce soft light, and if someone else is sleeping in the room, they do not get distracted by the main ceiling light just because you have to read. Bedding The bedding you decide to use is also a critical element that will make your master look grand. These include the pillow you select, which also involves an accents pillow that is a design element rather than a functional element. For extra synchrony, you may match the duvet cover pattern to some of the pillows covers. Some people also go ahead and create curtains with the same pattern. Each of the bedding elements should be characteristically soft, comfortable, breathable, and easy on your skin for maximum relaxation. Furniture in the room The next big thing to add to your master bedroom is a deliberate list of furniture. In this case, besides the bed, you may add a side table where you would ideally add the lampshade and even your reading glasses and books. Another item you may add is a storage ottoman where you would place your accent pillows and bedding. If you have enough room, an accent chair should also be part of the decor in your room. Be sure to match the color scheme to the hue of that seat. All these pieces and more can be found on Eva Australia to match your aesthetics. Curtains Yet another element that could elevate the look in your bedroom are the curtains you decide on. As aforementioned, you may match them up to the bedding color or pattern or simply go for an independent shade. But one thing you should note is to ensure is that the curtains are the entire length of the wall and almost touching the floor. They should never be too long as that will make them appear tacky. Also, if they are too long, they may get dirty as fast. So keep them away from the ground. Take away Your master bedroom should look and feel relaxing, and the above elements may help you achieve just that. You may choose to add a carpet if the floor tends to get cold, but that depends entirely on you and what you prefer.

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Legal Assistance Is Something We Love to Provide : Sit Down With Us!

Need legal assistance but don’t know how to start? You’re not alone. Many people find themselves in the same situation every day. The good news is that you can follow a few tips to make the process a little bit easier. We will discuss some of the best ways to get legal assistance without spending a fortune. 1. Talk to Family and Friends One of the best ways to get legal assistance is talking to your family and friends. They may know of a good lawyer who can help you with your case. Plus, they will be able to give you some helpful advice along the way. If you don’t have any family or friends who are lawyers, you can always search for one online. Many websites allow you to search for lawyers in your area. Just make sure you do your research before hiring anyone. 2. Ask Your Employer If you need legal assistance, your employer may be able to help. Many companies have lawyers on staff who can help their employees with various legal issues. It is an excellent option if you don’t know anyone else who can help you. Plus, it’s is likely to be free! All you have to do is ask. 3. Contact Your State’s Bar Association Contact your state’s bar association if you need legal assistance and don’t know where to start. They can help connect you with a suitable lawyer for your case. They may also be able to provide you with some helpful resources. 4. Use A Lawyer Referral Service If you don’t have any family or friends who are lawyers, you can always use a lawyer referral service. It is an excellent option if you need to find a lawyer quickly. Lawyer referral services will connect you with a suitable lawyer for your case. Just make sure you do your research before hiring anyone. 5. Contact A Legal Aid Society If you can’t afford to hire a lawyer, contact a legal aid society. They will connect you with a lawyer who is suitable for your case. Just make sure you meet the eligibility criteria. 6. Use A Pro Bono Service If you still can’t find a suitable lawyer for your case, consider using a pro bono service. Pro bono services are free legal services provided by lawyers willing to help people in need. Just make sure you meet the eligibility criteria. 7. Consult a Legal Expert Consult with a legal expert such as Parker Waichman LLP NY if you don’t know where to start. They can help connect you with the right resources and give you some helpful advice. Just make sure you do your research before hiring anyone. 8. Go to Court If all else fails, go to court. It is the last resort, but it may be the best option for you. Just make sure you have a lawyer who can help you with your case. 9. Consider Self-Representation If you can’t afford to hire a lawyer or don’t think it’s necessary, you may want to consider self-representation. It means representing yourself in court. While it can be tricky, many resources are available to help you. Just make sure you do your research before making any decisions. Conclusion Getting legal assistance can be daunting, but it doesn’t have to be expensive or complicated. You can find the right lawyer for your case by following these tips. Just make sure you do your research before hiring anyone.

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5 Best Ways To Close More Real Estate Syndication Deals In Less Time

Real estate syndication is the process of developing a pool of investors for funding a real estate project. So, technically, a syndicator needs to master the art of selling a concept, a real estate project that will bring profit shares to the investor’s accounts. However, closing real estate syndication deals is not as simple as it seems. Most online courses and institutes may train aspiring syndicators in the paperwork involved. However, the ability to convince investors is the key to success in real estate syndication. There won’t be any paperwork possible without raising funds from potential investors. Then, how can syndicators close deals faster? Are there any special techniques to pitch real estate syndication deals? How to close real estate deals efficiently? To succeed in real estate syndication consistently, syndicators must apply some crucial strategies to attain better results. Here are the top 5 ways to do that: 1. Draw a Marketing Strategy To close more real estate syndication deals, you must keep working in multiple directions. Keep finding profitable deals, keep finding potential investors, attract the potential investors to your ongoing or upcoming deals, and manage current deals effectively.  Spread your marketing efforts to find real estate deals and investors across multiple channels. To succeed on all these fronts simultaneously, adopt the latest technology-driven solutions like real estate syndication software. The solution helps you bring all your operations to one single user-friendly dashboard. Make effective use of social media channels, forums, your network in the industry, and other sources to popularize the real estate deals. This multidimensional approach helps you get leads from various sources.  2. Listen To Them Carefully Every accredited or non-accredited investor would have their own goals and priorities. Make them express their goals and intentions beforehand. Understanding the needs of your investors should be your top priority.  This communication may occur through an email newsletter carrying a questionnaire, a face-to-face meeting, over a phone call, or over an online virtual session. You must be a good listener first. That helps you present your idea as a solution to their needs and wants.  Segregate your prospects based on their investment capacity, location, property class they are keen to invest in, and financial goals. 3. Pitch Your Project Aligning To Their Needs Usually, your project summary would be listed on the dashboard of the real estate syndication platform and other sales collateral you keep distributing to attract investors. Most importantly, along with the technical features, amenities, and further crucial details, your pitch must target the investment goals of your audience. If you are pitching the idea to a prospect, try keeping first things first. Let the potential investors know what they will gain, how the project is profitable, and what period. Sweeten your deal to make it an offer the prospect would never want to reject. Queries of accredited investors and non-accredited investors regarding the project might be entirely different. Try to include answers to common questions in your pitch itself. That helps you convince the investor and close deals faster. 4. Build Trust  Trust you develop among your pool of investors plays a crucial role in closing deals faster when the time comes. Following business ethics, best management practices effectively and consistently, and keeping your prospects updated about the real estate syndication deals should be integral parts of your work culture. These factors help you build your rapport with the prospects. At the same time, they would feel closely associated with you, as you would be reaching their inboxes very often.  So, as and when the real estate fundraising process starts, they would be prepared for that. Thus, effective communication and trust help you close deals faster in the long run. 5. Understand and Implement Closing Techniques Though closing real estate syndication deals is a process, you may get limited time to actually interact with your potential investors. Syndicators need to strategize your sales communication following some powerful closing techniques: Summarize Emphasize the plus points in your real estate deals assertively.  Sense of Urgency Sometimes, you may need to make it a now-or-never kind of an offer to close deals faster. You can compel (without being pushy) investors by asking them to grab the investment opportunity right away.  Ask the right questions. Analyze their goals and ask the right questions that help them decide to be a part of your real estate syndication. Wrap up the real estate syndication deals innovatively. Negotiate innovatively. Present your real estate syndication deals to create a win-win situation.  The Takeaway The article covers the 5 ways to close more real estate syndication deals. We hope that the techniques briefed here will help you generate more leads and quickly take the leads through the sales funnel to close deals faster. Adopt the best real estate syndication platform to automate your workflow and get better results as a real estate syndicator.

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Is It Hard To Build Your Own Home?

Most aspiring homeowners prefer buying already-built homes, while others prefer building one themselves.  The buying option is pretty straightforward; make a budget, get on the market for a home within your budget, buy, and the house is yours to live in. On the other hand, building a house is quite different and may not be as straightforward.  However, being complicated doesn’t mean it is not a viable option. If you are yet to decide on building or buying a home, this post can make your decision-making process easier. It Starts With the Design The best part of building a house as opposed to buying is that you have the privilege of choosing the design you want for a home. While you may also get your design through buying, you may not have the luxury of customizing your home to the last detail of your expectation. You may have an idea of the type of house you need, but bringing the concept to life may not be your thing, and it doesn’t have to. All you will need is to communicate your dream house’s mental picture to a home builder and designer, and they will help bring your mental picture to life. Cost of Building a Home The cost of building a house from scratch is dependent on the cost of land and construction.  Going by the data from UDIA, the cost of land and building a 222.5sqm was at $857,638.50 in 2019. During the same period, the cost of buying an already-built house sitting on was $1,134,809.50.  Going by these figures, Building is $277,171 cheaper than buying one. But the cost isn’t the only factor to consider when determining the complexity or simplicity of building a house. Other factors such as time, convenience, and access to funding are also important. Benefits of Building a Home You get what you want. If you have a design that you do not want to compromise on, getting a house to fit your exact need will be a challenge. You may find building a house easier than buying one from such a perspective. You can guarantee the condition of the home’s appliances and fittings. When moving into an old home, there is always a chance that some fittings and appliances such as the weather conditioning systems, pipes, and electrical fittings are old and require an overhaul, driving the expenses involved in acquiring a home even higher. Cons of Building a Home Getting funding for building a house can be more of a challenge than taking a loan to buy an already built house. This is because the lending company will need collateral. The home will be the collateral for the already built home, so the lender knows they can recover their money if you default on payments. If money is a challenge, you may see buying the home option as the easier one. Time. If you are looking to move in fast, building a house may not be an option. Signing contracts, having your plans approved and finishing the construction can be quite a process.  Building a home can easily overwhelm anybody. While most of the heavy lifting will be with your contractor, the burden of financing will be on your shoulders and can at times be more than anticipated, which can result in stressful situations. Final Words If the focus is entirely on the financial aspect, building a home is cheaper than buying one. Other factors also play a role when determining the complexity or the simplicity of building a home, so the choice will largely depend on what you want and when you want it.

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