We are currently putting the new site together. In the mean time, here is some further information.
Further Swimming Pool Resources
Some resources we have found on pools that may be of interest:
How To Find a Good Company To Build Your Swimming Pool
Building a swimming pool involves making a lot of decisions, but none is as important as hiring a good pool building company. All your careful planning can be wasted if the company you choose to construct your swimming pool is unethical, incompetent or irresponsible. It is a good idea to contact at least three companies to get their estimates.
Here are some tips on how to select a good pool builder:
If you have anyone in your neighborhood who owns a pool, ask about their experiences. Most pool owners will be more than willing to share about their pools. They may be able in a better position to steer you toward or away from particular contracting companies. You can also get recommendations from the BSPF – they have a company directory.
If a company is willing to give you a list of references, that is a good sign on their part. A company with many happy customers means it is less likely to be staged or cherry picked. If there is a long list of references, you can randomly pick a few and inquire from them. If it’s a smaller list, that does not necessarily disqualify the company, but you may ask some probing questions to ensure that the references are real.
Do a Google Search
One of the easiest ways to find any provider of any service these days is to use google. For instance we search the term Melbourne pool builder, and it returned over 500,000 results. Now they are not all what we are lookming for, but you get the idea. There are also reviews for a lot of them
Some things to ask include:
• What type of pool did the company install for you?
• Were the builders considerate and courteous of your needs while working for you?
• Did they complete the work on time?
Do a Background Check
If you’re seriously considering a particular company, take your time to do investigation by looking at the records relating to their business. You should start by visiting the city authorities to check if there are complaints against the contractor. For just a small fee, you can access a report from ContractorCheck that consists of the details about the company’s operations and its overall rating. Lastly, you should look into the state’s regulations concerning swimming pool construction to make sure that the contractor is certified.
Listen to Your Gut
The first impression is not always right, but you shouldn’t bet a lot of money on it. If something about a particular contractor doesn’t seem quite right, you should be cautious.
Thing to look out for include:
• Asking for a huge sum of money upfront
• Offering an unrealistic estimates
• Asking for cash payment
• Pressuring you to decide quickly
• The general lack of professionalism in behavior
Before signing with a pool company, be sure to visit their place of business. How they manage their offices and conduct themselves in day-to-day business can indicate how they execute their projects.
Protecting Your Investment
You have probably heard some horror cases about swimming pool construction gone wrong. Behind each of these stories is the existence of bad swimming pool contractors. While the unpredicted can and often does happen, a very experienced building company will often handle your swimming pool investment well without missing the tiniest details.
How to Make Money Developing Townhouses
Are you and your family interested in making some extra money through real estate? By using your existing land, you can turn a hefty profit. Developing townhouses is a popular and affordable process that many families are choosing to undertake in order to get some extra cash. Learn how to subdivide your land into the construction of multiple townhouses while still living on the land yourself.
These quick and easy steps will show you how to get started.
What is a Townhouse?
If you aren’t too familiar with townhouses, it’s best to learn what differentiates them from other types of dwellings. Townhouses are most commonly defined as shared-wall housing, which means that all units share at least one common wall with each other.
The townhouse itself is constituted as a singular building, which can be owned by you and rented out to various tenants. Keep in mind that you also own the land as well – you are purely selling the room space for a profit. If you need help, then Prava Developments build townhouses and are ready to take your call and assist in costing and planning your project.
How Do I Begin to Build – and Profit From – a Townhouse on My Property?
There are several measures you can take to ensure that you are building your townhouse in a legal and standard way. To make money developing townhouses, you must follow these five steps:
1. Increase the Value of Your Investment
You can request a tax assessment of your property in an attempt to reduce your operating costs. The more you can force appreciation, the smaller of a purchase you can make. There are several tips you can employ to cut corners as well. Be more efficient with your usage of water, gas, and other natural resources. Negotiate the lowest rates possible for repairs and building services.
2. Estimate Your Capitalization Rate
Be aware of your capitalization rate before you invest. A simple formula to determining this rate is:
- Divide your property value by its net income.
- Subtract operation costs from the resulting amount.
- The rest is your capitalization rate.
3. Analyze Your Market
Before taking the final step to rent out your townhouse, do some real estate research to see what the current market is like. Invest in other units to rent out to see what prices are going for. You can get in touch with an agent to get a glimpse of realistic rental prices. Be sure to factor in all of your remaining fees, such as:
- Operating costs.
- HOA fees.
- Maintenance and repairs.
- Mortgage payments.
4. Try a Real Estate Investment Trust
Invest in an entity that can share your real estate for tax advantages. You will find that over 90% of your taxable income can be disbursed to shareholders. Make sure to find a trust that specifically works with townhouses to ensure the accurate form of real estate holdings.
5. Get Approval and Begin Construction
Start gathering quotes from builders and construction workers for your project. While this may be an overwhelming task, there are a variety of phenomenal builders out there who can get the job done right. Make sure to request a copy of insurance certificates to ensure liability.
You must also obtain a development approval from the town with the help of an architect or engineer. After that, the construction process can begin. Also make sure you get the building inspected by a company like inspectorhawkeye.com.au so that you are sure construction is done according to standards
Why Should I Do it Myself?
Many homeowners and land owners ask themselves why they should build townhouses on their own property instead of finding existing dwellings to buy and rent out. The advantages of using your own land to create a townhouse subdivision are plentiful and far worth the investment.
When you decide to develop on your own property, you benefit from the following:
- You receive far better rental returns than if you were to go with an already-existing unit on somebody else’s land. This can help contribute to your mortgage payments or other operation fees.
- You will save far more money in the long run. A land development project typically runs 20% under normal market value.
- You will receive amazing tax benefits. By owning and renting a new property, your taxes will have a huge boost. You can profit from the tax benefits for years.
- Development profits are substantial. You will be making a lot more money developing on your own land.
Beginning a development and investment project can be daunting, but the profits far outweigh the fears. As long as you know to consult your local architects, builders, movers like www.alltherightmoves.com.au and real estate trusts, you can ensure a successful new development. After construction is complete, you can start to rent out parts of your own land as individual townhouse units to incoming families and neighbors.