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Archives for : February2015

Whether to Rent or Purchase Commercial Property

If you’re looking to open a business like Frank Haney or have some other type of commercialized need, you may be wondering what your best option is pertaining to a property. Commercial properties can be a great option for those who want to run a business and have their own set location. The property might be in a mini mall or it might be in its own empty lot that needs to go under construction in order to create the actual location. One of the questions you might want to carefully consider would be whether to rent or purchase the property that you need for your business.

Both renting and owning property have their perks and disadvantages. Knowing what each will offer to you as a business person will enable you to make a solid decision on what’s best for you. When it comes to renting property, you will not have to worry about property tax or the underlying concerns that property owner’s face. Some of these concerns might involve water lines, electric problems and even something as simple as waste removal. Renting is often done on a contract basis, so you will not get locked into a mortgage that takes decades to pay off. If you’re a brand new business owner, renting the commercial property might be the best option for you.

On the other hand, buying a commercial property can be beneficial to established businesses that want a good location they can depend on regularly. When you rent a commercial property or building, the actual owner can easily end the contract once it is finished. This puts you and your business out on the street, while owning a property does not pose this type of risk. It might be more worth your while to find a good mortgage rate and simply buy the property that you need.

Whether you choose to rent or purchase commercial property, it’s vital that you have something that suits your business needs. If you can only afford to rent a property, this may be the best option for you until you can afford something more. If you feel that buying commercial property will enable you to meet your business goals, this is obviously what you’ll want to consider. The key is to find a good property in a great location so that you can be successful in terms of running and operating your very own business.

Another highpoint in all this real estate action was the fact that many investors were interested in industrial properties to purchase, not lease; eschewing the high cost of leasing that in some cases was approaching $185,000 per square foot – ouch! So if you’re asking yourself how long these blue skies and green lights will continue, the usual suspects are suggesting (maybe predicting) that available metro Washington D.C. land and space will tighten up over 2015 and several years beyond.

In the meantime, thanks to several downtown D.C. revitalization initiatives in the metro area, the shovels are out and apartment complexes and other new multifamily developments have been penciled in. And that includes a 326 unit luxury apartment community. One of the key factors in all this rush for developers and investors to get a piece-of-the-action, has to do with the stock market volatility. The folks with the “bucks” are pouring more money into real estate which, in turn, is driving down capitalization rates.

How Technology Will Change Construction Teams

Technology poses challenges for people in the 21st century. As a result of technology, there is a sense of personalization lost today and people feel as though their thoughts are not properly construed through technology. In a lot of ways though, technology is changing the world we live in for the better. Technology is making our lives easier and more efficient before our eyes. Construction is a field, which has used blue prints for years, and is finally making the technological plunge in a lot of ways.

Today there is different software available for construction teams to track their progress, manage project photos and workers schedules. There are a lot of advantages of using a software application like Latista field to streamline the construction design review process of a project today.

1) Go Green

Today “going green” and being economically aware of the environment is more important than ever. No one wants to use up all of our environments vital energy sources if there is a way to minimize this. During a construction process, paper is definitely used in excess and written on over and over and reprinted for everyone to be on the same page, literally and figuratively. With the use of an application like Latista Field, you can “go green” and no longer have to rely on blue prints. Everyone has access to all of the documents through the application on their phone, IPad or computer.

2) Reduces Project Costs

Project costs for construction teams are reduced with the usage of technology. The software enables everyone working on the project to be able to monitor what needs to be done and who needs to do it. Rather than having people come into the job site and get paid for doing nothing, the application makes it clear who is needed and makes it easy to manage the team’s schedule. The software also can manage project materials and notify you when more materials are needed, which minimizes overbuying. Nothing makes a customer happier than minimized project costs.

3) Visualize the Project

Much field mobile enterprise software like that of Latista have the BIM application feature. A BIM drawing, which stands for Building Information Modeling, allows teams to visualize their projects with a 3D representation of a project. This feature of the construction software allows teams to visually analyze a project and see the details of the project clearly. Through the BIM app you can zoom in on areas and mark areas on the model, which look like they have issues. BIM drawings work to reduce cost for projects and provide the most energy efficient solutions on the worksite.

Google Launches Invite Program To Bring Inbox To Google Apps For Work Customers

Last Fall, Google started its (slow) rollout of Inbox, its completely redesigned email experience for Gmail on the web and mobile. Even today, it’s still an invite-only service (but invites are pretty easy to come by these days). Until now, however, it wasn’t possible to use Inbox with Google Apps for Work accounts. That’s changing today. Google has now launched an invite process that allows Google Apps for Work admins to request access to the service.

Once again, Google is going with a very slow rollout. This is going to be an early adopter program and company admins that already use Google Apps for Work will have to email Google to request an invite (inboxforwork@google.com). Once they get that — and have Inbox enabled for their companies — their users will be able to use it. Google will send out the first invites next month.

Only admins will be able to ask for invites, by the way, so make sure you do something nice for your friendly neighborhood sysadmin on July 31st.

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Source: techcrunch.com