The 5 Best Things About Investing in Real Estate

Andrew Carnegie once said that 90% of millionaires in America made their fortune from investing in real estate. That may have been true nearly a century ago, but how much does real estate play a role in the creation of wealth in the 21st century? In this article we take a look at real estate as a viable investment channel, and we mention 5 unique benefits that any modern investor will appreciate.

Why Invest in Real Estate?

By putting money in real estate, and selecting your assets wisely, you stand to enjoy a number of benefits including stable cash flow, above-average returns, tax advantages, and of course, a chance to diversify your investment portfolio. Over a period of time, you can expand your wealth by leveraging your real estate assets to raise cash. So why invest in real estate? Because it’s one proven method of getting rich.

Here are Five Benefits of Investing in Real Estate

  1. Cash Flow

In real estate, Cash Flow is described as the net income from your investment after all the usual expenses and payments have been deducted. Things like operating expenses and mortgage payments take up a significant chunk of your money, but not to the extent that you won’t have cash flow. Real estate makes it possible to generate and increase cash flow over time because the longer you pay your mortgage, the more your equity grows.

  1. Tax Breaks

As a real estate investor, you most likely will be eligible for tax breaks and discounts, and this will allow you to save a lot of money over time. Generally speaking, this means you may be able to deduct some of the costs of owning, maintaining and managing your property. Remember, the cost of purchasing property is normally depreciated as its useful life expires, (39 years for commercial real estate and 27 years for residential real estate). This can make it possible to reduce your tax obligations by reducing your registered tax income.

Another way to reduce your tax obligations in real estate is by taking advantage of a 1031 exchange.

  1. Increasing Property Value

There are a few different ways that real estate investors make money. These include rental units, business activity, and appreciation. Keep in mind that the value of your property is likely to increase over time, and if you pick a really good investment, you may be able to get a huge profit when the market turns, and it comes time to sell. For rental units, the increase in rent over time also creates significant gains, but this is not comparable to “flipping” property, which usually gives you a better chance of making a big profit.

  1. Build Your Equity “Net Worth”

As you go on making payments on your mortgage, it allows you to build equity, which will go toward increasing your net worth. The more you build this equity, the more power you have to take out loans, and make other investments. The important thing is to know how to use your real estate investment as leverage to borrow capital, because this is what will allow you to increase the potential returns to your investments. Most financiers see property as a secure asset that can serve as collateral, which means that under normal circumstances they will be ready to offer financing.

  1. Inflation Hedge

Real estate value tends to have a close link with GDP, and in cases where the economy shows signs of growth, the demand for real estate increases as well. This demand leads to higher rent, an increase in the number of people buying property (which means home prices shoot up), and with higher capital value, your investment will generate more revenue. Therefore, you can expect your investment to pass the pressures of inflation to your tenants and buyers, should you choose to sell property. Ultimately, you will have better capital appreciation if the economy moves in the right direction, and consumers remain optimistic about the future.

Conclusion

There are many benefits to real estate; however, for those looking to make long-term investments, take your time to understand how the market operates, and which factors influence the capital value. Also take a look at some of the drawbacks, such as the lack of liquidity. Stocks and bonds can be turned into quick cash relatively easy, but it’s rather different with real estate. It takes weeks and months of paperwork and help from a real estate agent to find a serious buyer, so it’s worth doing some homework to make sure you understand this type of asset and the risks it may present.

Posted in Vendor News |
Harrison Contracting Celebrates 25 Years/New Website

Harrison Contracting Company, LLC celebrates 25 years in business and launches an updated company website dedicated to sharing the company’s heart, expertise and philosophy.

In February 1995, Deryl Harrison started Harrison Contracting Company with a very simple idea — doing what he said he would do! That principle has been the cornerstone of everything Harrison Contracting Company (HCC) stands for. In fact, it’s the basis of its “Measures of Success”, reputation, customer loyalty, employee satisfaction, teamwork, achieving goals, quality growth and profitability.

“Reputation is at the top of that list for a reason,” current President and third-generation painter Bill Harrison said. “It’s real simple; we get up every day and focus on doing what we say we’ll do for our customers. There’s nothing fancy about that, but our customers rely on us to deliver. We’re very intentional about how we represent ourselves. My dad would always say, ‘We may be a bunch of painters, but we don’t have to look like it.'”

As a commercial painting contractor, HCC’s business is divided into new construction painting, repainting and reimage and facility maintenance. From a new construction perspective, the company is focused on the southeastern U.S. Repainting is a significant part of the company’s portfolio and includes both localized direct-to-owner projects and national painting programs with retailers including, The Home Depot, Walmart, Sam’s, Kohl’s, Advance Auto Parts, Publix, Lowe’s, Auto Zone, O’Reilly Auto Parts and more.

Lastly, HCC has a facility maintenance division that is solely dedicated to supporting the reactive maintenance needs of firms with multiple sites nationwide.

Within the industry, HCC is known for the color red. Its vehicles and equipment are bright red, clothing is bright red, even its parking lot is striped bright red at their corporate offices in Villa Rica, Ga. But more than just the color, HCC is relentless about presenting a clean, professional image in a trade where the perception can be the exact opposite.

Crews are required to show up to job sites with clean red HCC shirts, white painters pants, work boots and proper PPE for the day. Additionally, all HCC equipment is red and cleaned weekly to ensure a professional appearance. This is how the company distinguishes itself. For HCC, red is more than just the company color — it’s the company culture. At HCC, “RED” stands for Reliable, Experienced and Diligent, and it permeates every aspect of the company.

As part of the company’s 25th-year celebration, HCC has updated its corporate website (www.harrisoncontracting.com) to reflect its capability and intentionality. The new website emphasizes RED, includes a short video that speaks to HCC’s past 25 years, features information about company history, services, logistics to work as a national provider, details about its work and information about its close ties to auto racing.

For 25 years, HCC has focused on building lasting relationships by relentlessly delivering value. In many cases, this leads to a more consultative relationship, where customers see HCC as more than just their painter, but as their partner!

About HCC
Harrison Contracting Company (HCC) is a commercial painting and facility maintenance contracting company headquartered just outside of Atlanta. HCC provides repainting and reimaging, as well as facility maintenance services nationwide, and new construction painting across the southeastern U.S. At HCC, red is more than the company color — its the company culture. RED stands for Reliable, Experienced and Diligent. We are more than just your painter, we are your partner.

#harrisoncontracting

#paintingcontractor

Posted in Vendor News |
A Guide on How To Make A Marketing Video

If you’re looking for a robust and scalable way to bring more attention to your brand and build stronger relationships with consumers – start learning video marketing.

If so CLICK HERE to see infographic guide to review.

#videomarketing

 

Posted in Vendor News |
CARPIGIANI NORTH AMERICA’S NEW DISTRIBUTORS

Carpigiani, an Ali Group Company, is pleased to announce the expansion of their distribution network with the addition of three new distributors: Coolers Inc. (Greater Houston metro area), Refrigeration Mechanics (Northern Ohio), and Red Rock Food Equipment (Oklahoma).  These new distributors not only add local sales support for our customers but also local service and parts distribution for both Carpigiani Professional and Chain Solutions.

About Coolers Inc.

Coolers Inc. was established in 1967 and is one of the largest family owned & operated refrigeration and commercial kitchen equipment service companies in Houston. They offer commercial equipment installations, repairs, maintenance, parts replacements, and warranty work on a wide range of equipment types, including refrigeration, ice machines, draft beer systems, soda systems, hot-side equipment, gelato/ice cream machines, and more. Coolers Inc. is a one-stop-shop for restaurants, bars, cafeterias, venues, and other businesses for all of their commercial kitchen equipment and refrigeration service needs.

 “We are excited to partner with Carpigiani as a sales, service, and distribution center serving Houston and surrounding markets. Our extensive background in commercial refrigeration and kitchen equipment made the integration of their products and services into our range of capabilities a seamless process. We are passionate about the quality of Carpigiani equipment and the value it brings to the end-users, and, ultimately the gelato consumers.” Lee Mamone – Business Development.

About Refrigeration Mechanics, Inc.

Refrigeration Mechanics, Inc., established in May 2007, is a newly appointed distributor for Carpigiani dedicated to sales, service, and training in Northern Ohio. Refrigeration Mechanics, Inc. also provides installation, service and preventative maintenance on HVAC/R and kitchen equipment for commercial and industrial needs. Refrigeration Mechanics, Inc, is a service representative for Scotsman Ice, as well as a dealer for US Cooler and Heil Heating and Cooling products for commercial, industrial as well as residential needs.

About Red Rock Food Equipment

Red Rock is a certified Woman-Owned Business that is the Oklahoma Distributor for Scotsman Ice and 3M-Cuno Water Filter Systems. Sheila Amundsen is the owner and operator of Red Rock which she formed in 2010. Red Rock currently has 2 offices – one in Oklahoma City and one in Tulsa, Oklahoma.

About Carpigiani

Carpigiani Corporation began in 1946 and has been the global leader, innovator and manufacturer of frozen dessert equipment for more than 70 years. Carpigiani is dedicated to providing the highest quality, most reliable and most durable frozen dessert equipment in the industry. Carpigiani also hosts the Gelato Festivals, the world’s largest gelato competition, and Carpigiani Gelato University and Frozen Dessert University, providing unparalleled professional education on frozen desserts for gelato and premium ice cream artisans.

For more information, visit our website at www.carpigiani.com/usa.

#carpigiani

#frozendesertequipment

Posted in Vendor News |
Access Flooring: The Key To Cable Mgmt Construction

What Is Cable Management

Cable management is the management of electrical and telecommunication cables. Cables not properly managed can disrupt the power and data needs of your space. Telecom and electricity in your space need to be used precisely and efficiently. In cable installation there needs to be a proper system of management and distribution throughout your space. Traditionally, cable management requires the use of products such as cable ladders, cabinets, trays, and baskets. However, there is now an alternative method in the form of low profile, fixed height raised access floors. Proper cable management commences at the planning phase of space renovation or new construction, continuing throughout the lifespan of operation. In addition to that, the installation process plays a huge role in making future maintenance and upgrades to the cable infrastructure much easier. 

Cable Management During Major Construction Projects

Until very recently, construction teams rarely consulted with suppliers, vendors, and integrators before a project broke ground. Nevertheless, numerous disruptions have significantly changed the construction industry as a whole, namely adaptive architectural trends. Adaptive building designs are comprised of various technoscientific innovations requiring specific skill sets generally not practiced within the confines of traditional construction. In-building wireless connectivity providers and integrators exemplify this notion perfectly. As advancements in technology continue to proliferate every aspect of our existence including the structures we live, work, and play in, construction managers will have no other choice but to work coequally with integrators. 

In January 2018, 5G Technology World published an interesting article that brings at least one of the primary issues home when it comes to challenges in cable management and ongoing construction projects.

” […] poor communication between parties all but ensures that cables will be broken or damaged. If an integrator is lucky, perhaps it will only happen once. Construction equipment can tear through hundreds of feet of coaxial cable on the outside of the stadium, and if new seats are installed, there is often a need to replace the cable to match the new placement.” Essentially, since cable installation usually begins while there is plenty of other construction activity going on, it’s crucial that the company responsible for installation safeguards the integrity of the cables until the job is completed. Failure to do so will set things back drastically. 

Cable Management and Office Fit-Outs

Virtually all organizations have network cables installed in new office fit-outs or have modified pre-existing buildings to accommodate their installation.  Cable management needs and the methods of meeting them have come a long way from the days of concrete trenches and core drilling and industry leaders have taken notice. Interior designers, architects, and office technicians alike have all come to learn the value of efficient, thoughtful, and seamless design when it comes to cable management. Without even one of those elements, spaces are liable to complications or compromise for these needs. 

Managing cables doesn’t only involve keeping them neat and orderly, but also involves keeping a detailed inventory of cables during and subsequent to construction. Though most building managers are aware of how much cabling is running through their facility, knowing what those cables do or what kind of cables they’re using is a whole other story altogether. This means one should tag communications conductors during the installation process and keep them on record. Property owners and managers usually want a detailed list of each and every cable in their building, what uses they’re intended for, and to what devices they’re connected.

They don’t only require this for repair and maintenance reasons but also due to the fact that they might have to pay for new cable installations at some point in the future, especially if their facility is designed for adaptability. Property managers who don’t really understand the cables running through their buildings don’t want to risk disconnecting the wrong cables by accident.

As a result, they simply continue to install new cables on top of the preexisting ones. Before they know it, their entire telecommunications infrastructure is a confusing mess. If they ever wanted to start over from scratch with a new system, it would wind up costing them much more than if they had practiced good cable management from day one. Lastly, not only is installing cables on top of cables an inefficient way to do things but it burdens mechanical chases such as telecommunications and electrical closets. 

Gridd® Facilitates Futureproof Office Fit-Outs

Planning to do an office fit-out? Before you launch your project, you should seriously consider consulting an expert for assistance in making the right decisions. There is a long list of highly qualified project management and design companies out there. By hiring professional guidance, you’re ensuring your project will be finished on time and on budget. Not only that but you won’t have to worry about whether or not things are getting done right. 

FreeAzex® has been an undisputed leader in the raised access flooring industry for well over 25 years. Our team has developed new low profile access floor systems and other interrelated products that accommodate changing technology and adapt to future changes quickly. FreeAxez® is widely recognized as being the premium innovator, developer, and manufacturer of adaptive cabling distribution systems.

 

 

 

Posted in Vendor News |
Facilio launches REbuild, helping R/E owners reopen

Facilio Inc., an AI-driven property operations and maintenance platform, today announced the launch of REbuild, a ready-to-deploy operations toolkit that helps real estate owners respond to the operational challenges posed in the post-pandemic recovery phase. REbuild is in line with Facilio’s mission to provide robust tech solutions that help the industry adopt a flexible and agile operating model. The new operational toolkit enables real estate owners and operators to generate quick wins by remotely controlling building operations, automating maintenance processes, and restoring tenant confidence. REbuild also includes a knowledge-sharing video series, a community resource that can be streamed on-demand, featuring practical insights, case studies, and best practices from industry peers, globally.

Reopening operations in the new normal

“We created REbuild with a mandate to enable the real estate industry to confidently restart property operations”, says Facilio Founder and CEO, Prabhu Ramachandran. “Real estate owners and operators are faced with multiple, unprecedented challenges, from managing remote workforces and operating with leaner onsite teams to providing a safe working environment for employees and tenants. The REbuild toolkit was developed from Facilio’s experience in working with clients and industry experts. The result is the launch of a flexible set of solutions that helps the owners adapt to a constantly changing reality and operate efficiently.”

Adaptable REbuild solutions 

REbuild helps organizations streamline the logistics of restarting property operations across a portfolio and manage cost and workforce while putting occupant and visitor health first. More details:

  • Hygiene Management – allows property teams to quickly automate tailor-made disinfection and deep cleaning routines across a portfolio, manage essential inventory and share live hygiene and health updates with tenants.
  • Visitor Management – streamlines visitor entry with QR-code based touchless entry, helps guests pre-register to get vital info on travel history and wellness, and traces the journey corresponding to the space and assets in the path of visitation.
  • Portfolio Analytics and Compliance – allows stakeholders to gain portfolio-wide visibility of adherence to new HVAC guidelines and indoor air quality data, identifies areas to act on immediately, and provides live dashboards to tenants on HVAC compliance.
  • Portfolio Automation – equips operators to deploy changes to multi-vendor building automation systems across properties based on altering HVAC guidelines and dynamic tenant requests such as bulk changes to schedules and overrides, automating trigger-based sequence, audit logs, and more.
  • Touch-less Occupant Controls – welcome tenants safely with touchless app-based access to spaces and comfort control. It provides occupants with intuitive apps to control high-touch points like lighting, HVAC parameters, or elevator calls.
  • Operational Command Centre – is a single hub of operational data to get a 360-degree view of property operations readiness, make data-driven decisions, and holistically benchmark against C-19 guidelines for hygiene, maintenance, BAS operations, and tenant management. The command centre allows owners to customize and extend the solution, based on unique needs, existing systems and tools, as well as automate response workflows – all from one place.

Prabhu believes REbuild will evolve further in response to the industry’s needs as more new issues will need to be resolved creatively over the next 24 months – as a fallout of COVID-19. “We started Facilio to bring technology-driven efficiencies to the real estate industry that hadn’t adopted cloud, mobility, or predictive analytics in a meaningful way. The global pandemic situation will accelerate digital transformation, allowing owners to automate more of their portfolio operations and make informed, data-driven decisions. We’re looking forward to the continued partnership with automation OEMs and system integrators to quickly roll out solutions that help the industry navigate new conditions with agility.”

For more information on how to restart property operations, visit https://facilio.com/rebuild 

About Facilio

Headquartered in New York (USA), with offices in Milan, Dubai, Chennai and Singapore, Facilio offers an enterprise platform for data-driven property operations & maintenance (O&M). With over 60m sq. ft managed globally, Facilio is a property operations cloud platform and a suite of SaaS applications allows real estate owners to aggregate building data, optimize performance, and control portfolio operations – all from one place.  

For more information please visit: https://facilio.com/

 

Posted in New Products |
IMAGINiT & Real-time Immersive Visualization Tools

Committed to providing best-in-class products and services to architects, engineers, and designers, IMAGINiT Technologies today announces that it has become Epic Games’ first partner to offer the popular Twinmotion software in the United States and Canada. Twinmotion’s 3D visualization technology allows architecture, construction, urban planning, and other building professionals, to share designs that have been created using many of today’s design tools.

“To build a strong foundation for our North American channel, we searched for an AEC industry leader with unrivaled market penetration within the design community,” says Marc Petit, General Manager, Unreal Engine at Epic Games. “IMAGINiT has a long history of putting the customer first, and a team that always looks for ways to inject innovation that helps their customers thrive. We’re confident that IMAGINiT is the perfect partner to help show the AEC industry how Twinmotion can disrupt the visualization game in North America.”

With Twinmotion, IMAGINiT now offers AEC professionals the ability to instantly transform any BIM or CAD model into a vivid experience. With photo-realistic images, panoramas, and standard or 360° VR videos, Twinmotion provides AEC professionals an unprecedented experience to offer their clients. The software offers compatibility and one-click synchronization with most CAD and BIM architectural design packages.

“We’re proud to have earned the trust of a global 3D visualization giant, and are excited about bringing this transformative technology to help our AEC customers convert their designs into compelling real-time experiences,” says Bill Zavadil, chief operating officer, IMAGINiT Technologies. “Twinmotion’s technology creates a new standard for firms by enabling the ability to rapidly create a polished vision, catch costly design errors early, and virtually communicate the design intent to stakeholders.”

Epic Games’ Unreal Engine, which is internationally acclaimed for its gaming visualizations, is the power behind Twinmotion. Twinmotion’s unmatched benefits include:

  • The ability to communicate design intention throughout a project
  • Reducing rendering time and effort allowing staff to focus on higher-value tasks
  • An intuitive user interface that doesn’t require visualization expertise.
  • Leveraging Epic Game’s Unreal Engine to produce photo-realistic renderings and interactive, immersive VR experiences such as scenes with ambient sounds, photo-scanned human characters with motion-captured animation, animal characters, and even high-resolution plants that move with the wind

Pricing

Architects, designers and all building professionals can immediately start enjoying the benefits that Twinmotion offers by purchasing through IMAGINiT. To encourage building professionals to experience this superior visualization software with minimal risk, for a limited time. Epic Games and IMAGINiT are offering Twinmotion at 50% off the perpetual license cost and free upgrades to future releases until December 31, 2021.

To learn more about how Twinmotion helps architecture, construction, urban planning, and landscaping professionals please join us for an upcoming, complimentary webcast at 1:00 PM EST on June 2, 2020. Registration is free but required. For purchase information, call 1-800-356-9050, or visit IMAGINiT.com/Twinmotion.

About IMAGINiT Technologies
IMAGINiT Technologies, a division of Rand Worldwide (OTCBB: RWWI), advances the way architects and engineers design, develop, and manage projects. Customers of this leading professional services and technology company include organizations in the building, infrastructure, manufacturing, and facilities management industries. Organizations of all sizes work with IMAGINiT Technologies to gain competitive advantages through expert technology consulting, implementation, training, and support services. As one of the world’s largest integrators of Autodesk 3D design and engineering software, the team leverages unrivaled industry experience to design systems that accelerate innovation while improving project quality and profitability.

Any and all trademarks making reference to or related to Rand Worldwide, IMAGINiT Technologies, ASCENT, or IMAGINiT Clarity, are registered and/or owned by Rand Worldwide, Inc., and/or its subsidiaries, affiliates, and/or other legal holders.

Posted in Vendor News |
CCCT with CDO Group’s Anthony Amunategui

CCCT & CDO Video

#cdogroup, #projectmanagement, #constructionmanagement

CDO Group is an industry leader providing a full range of corporate construction development and project management services. Since inception in 1998, they have represented hundreds of clients in a wide range of varying industries in all 50 states. CCCT speaks with CDO President Anthony Amunategui about his past, present and future in the Commercial Construction sector.

Posted in Podcast |
Megaprojects forge ahead in pandemic

The coronavirus pandemic has done little to delay multibillion-dollar commercial projects. See how contractors are keeping things on track while taking precautions to protect workers. Read the CP Executive story here

Posted in News |
Denny’s rolls out safety plans

Denny’s Corp. has outlined a number of new practices aimed at health and safety as dining rooms reopen amid easing of coronavirus restrictions. Read the Nation’s Restaurant News story here

Posted in News |