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Sep 5th
What is a single-tenant, net-leased investment?
Many investors are looking for a safe place to put their money with the wild fluctuations in the financial market. Stable, predictable investment vehicles are increasingly hard to find, but smart investors do have choices. One of the better choices is to invest in single-tenant, net-leased properties, which many investors also call a corporate bond combined with real estate investments that still make sense today.
Here’s what you need to know about single-tenant, net-leased properties:
What is a single-tenant, net-leased investment?
A single-tenant, net-leased investment is typically a freestanding office, retail, or industrial building that is leased and occupied by one user or one company. Typically the tenant has committed to a long-term lease – usually longer than 10 years, and as long as 25 years with increasing rent over the lease term.
What is a net lease?
There are different types of leases for commercial property in the U.S. The two most common leases are full-service leases and net leases.
A full-service lease means that the tenant is paying one base amount to the landlord/owner to occupy the space and the owner pays all the expenses related to the building including insurance and property taxes. With a full-service lease, the landlord/owner also is responsible for all maintenance related to the building. For example, if a thunderstorm damages the roof, the landlord/owner must pay for the repairs.
In comparison, a tenant with a net lease is responsible for paying rent plus some or all of the operating expenses of the building such as taxes, insurance premiums, repairs, and utilities. Depending on how the leases are structured, they can be net-net leases or triple-net-leases. Specifically, in the case of a triple net lease, also known as NNN leases, the tenant agrees to pay all of the building’s operating expenses, real estate taxes and insurance.
How are single-tenant, net-leased investments different from multi-tenant buildings? Multi-tenant buildings have more than one tenant, and as a result, owners and landlords must juggle multiple leases that begin and end at different times. These leases are rarely longer than seven years. That means that the building’s financial performance is vulnerable to the ups and downs of the market.
Many net-lease investors have previously owned other types of real estate but are looking for an investment that requires less maintenance and supervision. For example, many apartment investors end up selling their high-maintenance properties and then reinvesting the sale proceeds in single-tenant, net-leased retail properties, as do many land owners who have previously never received any income or tax benefits from their property.
Who can invest in single-tenant, net-leased properties?
Net leased properties are appealing to a wide variety of buyers, from high net worth individuals to partnerships to large institutional investors like real estate investment trusts, life insurance companies and pension funds. Net leased properties also are very attractive to investors who need to do 1031 tax-deferred exchanges, or 1031 exchanges for short.
What are the benefits of investing in single-tenant, net-leased properties?
Many people consider single-tenant, net-leased properties as bond-like investments because of their stable, predictable returns. Because tenants commit to long-term leases, there’s very little re-leasing risk. Moreover, single-tenant, net-leased investments can be tailored to an investor’s risk-reward expectations by choosing tenants with different credit profiles. For example, some tenants are rated by national credit ratings agencies while other tenants have only their previous financial performance to recommend them.
What are the risks related to investing in single-tenant, net-leased properties?
While there are very few risks related to investing in single-tenant, net-leased properties, tenants with non-investment grade credit profiles offer higher levels of risk. But that risk typically provides higher returns as well. And investors always need to think about the “re-leaseability” of a property if the net-tenant were to vacate the space.
How are single-tenant, net-leased assets valued?
Unlike traditional real estate investments whose valued is determined exclusively by the real estate itself, a single-tenant, net-leased property’s value is determined by a combination of factors including the tenant’s credit, the length of the lease and rental escalations over the term, and, last but not least, the real estate. In markets where the real estate experiences wide valuation swings, a single-tenant, net-leased property will maintain its value because of its bond-like, long-term lease and the credit tenant guaranty for the lease.
When is the best time to invest in a single-tenant, net-lease property?
Net-leased properties are like all-weather tires. They are good investments in both good and bad economic times and in hot and cold real estate markets. Here’s why: a single-tenant net lease is guaranteed by a long-term lease at pre-set rental rates. As an owner, you know exactly who will be a tenant in your building, how long that tenant will be there and exactly how much rent they will pay you. That means you will derive a steady income from your investment, regardless of how the economy or real estate market is performing.
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Sep 4th
Quality Gas Cooker Spares
Gas cooker spares are just as readily available for purchase as most other appliance parts. Websites that specialise in selling these parts have made it even easier to find and buy the gas cooker spares you need.
Gas Cooker Spares that Require a Qualified CORGI Registered Gas Fitter
Even though some gas cooker spares must be installed by a qualified CORGI registered gas fitter in the UK, it is possible to purchase the parts first in order to save money on the purchase price.
Ask your CORGI registered fitter for a written quotation for the gas cooker spares first, including full part descriptions. You can then search online for the spare parts you need with your appliance make and model number in order to save yourself money.
Parts that fall into this category include the igniter, the ignition button, the burner body, the spark plug, the internal flame failure device, the thermostat assembly and an LPG conversion kit. The flame failure device is one of the more expensive gas cooker spares to replace so large savings can often be made by sourcing the part online yourself. The gas nozzle for the burner base cup must also be fitted by a qualified technician.
Gas hoses and connectors are gas cooker spares that are required by law to be replaced by a qualified CORGI registered gas fitter in the UK.
Do-It-Yourself Gas Cooker Spares
For those gas cooker spares that do not require the services of a qualified CORGI registered gas fitter in the UK, you can simply purchase and replace them yourself. This includes a variety of burner caps, as well as oven and hob control knobs. Replacement or extra oven shelves are available for all oven widths. Pan stands and wok burners can easily be replaced.
Gas oven doors can sometimes crack or shatter and oven or grill door hinges can easily be strained by overextension. Oven door seals can degrade or perish over time leading to loss of heat, which affects oven temperature and is obviously wasteful. These can all be replaced fairly easily without the need for a registered fitter. Gas cooker doors, hinges handles and door seals are all available to buy online. You will just need to know your gas cooker make and model number in order to find the correct parts for your cooker.
Sep 3rd
The Perfect Kids Snow Boots
All children love to play outdoors, and during the wintertime, kid’s snow boots are a must. Every parent needs to understand that small children are very sensitive to the changes in the weather and temperature. They tend to get cold easily especially for smaller children or toddlers, they could get sick without you even noticing. This is why preparing your child’s winter wardrobe is important. With the right garments and accessories, you can be sure that your kid is warm even during the harsh snow.
When kids think of winter, they are often excited about playing in the snow and making snowmen. For this, children need something to insulate their feet, to keep them warm and dry. This means that your child needs extra protection, ankle snow boots are generally ineffective in keeping your kids feet dry. As it is only ankle-high, snow could easily get in while walking.
The ideal snow boots for your child combines comfort and stability. You want the sole of the shoe to be completely stable and non-slip, so your child can walk through icy and snowy streets without slipping. This is especially important if your child likes playing outside, or likes to do winter sports. Furthermore, your child should be comfortable in them. Some snow boots provide too little insulation, which could completely defeat the purpose of buying the boots. For colder climates or areas that experience especially harsh winters, something with a thicker insulation would do best. However, do not buy thick insulation if the winters in your area are really not very cold, as this could be uncomfortable with your child and their feet could get too warm.
Not all snow boots are the same. While all of them are designed to keep your feet warm in the winter, the amount of protection will vary. Waterproof boots are available and are great for keeping out moisture. However, you should also check to see if the boots are only water resistant, as these types of boots cannot really keep water out. If you think your child needs it, you can buy them waterproof kid’s snow boots for maximum protection against the cold.
Children’s feet can grow very fast, and you should make sure that you give some allowance when buying the shoe. You want your child to be able to use the boots for winters to come, so it’s best to have them wear very thick socks while trying them on. Also, chances are, your child will be wearing very thick socks during the winter as well.
The brand and manufacturer of your snow boots will also matter. Major companies only make the boots from high quality materials. In addition, they are trusted by most consumers to give the best winter wear available. Nothing can beat workmanship that has been tried and tested and they are available in department stores everywhere. On the other hand, you can broaden your shopping experience and try buying them online. Online stores will give you a wide array of choices when it comes to kid’s snow boots.
Happy Shopping!
Best Info and Prices on Snow Boots For Toddlers, Infants and Kids! Huge Selection – Major Brands – All Sizes! Keep your child’s feet warm and dry this winter!
A review of Sorel warm winter boots for kids, demonstrating the different models and features. For moe information, visit www.littleadventureshop.co.uk
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Sep 2nd
Being Professional With Help Desk Systems And Forums
You need to automate everything if you want to be successful in measuring customer satisfaction. Surveying your customers is a great way of measuring customer satisfaction but if they take too much time away from other important work, it will fall by the wayside. Automate both your requests for completing the survey and your collection and reporting of the data. Some help desk management software will do this for you. If yours does not, consider customization that will enable it — it’s worth the investment.
One of the best ways to find out how effective your customers think your help desk or forum is, is to take a survey…. ask the people who actually use the help desk or forum what they think about it. Asking for suggestions to improve your help desk or forum is a good idea. There are many approaches to surveying, but some are more effective than others.
Often times membership websites will send a customer satisfaction survey of their help desk or forum to their entire list. There are several problems with this approach. First not everyone surveyed will have used your help desk’s services. This will either make your percentage of responses low or add irrelevant responses to your data. Since you only request this information once in a while, you will be tempted to cram too much information into the survey. Often these surveys lack focus and do not give you a clear picture of performance.
A better approach to help desk or forum customer satisfaction measurement is case-by-case surveying. Each time a case is closed, meaning the problem was resolved and the resolution was already communicated to the requester, a short survey on the case is sent to the requester. This is great information for continuous improvement and you can review the comments provided by your customers.
This video shows basic features of ZaZaKnowledge – ZaZaChat Help Desk Software. ZaZaChat is not only Live Chat it is also Live Call, Support Ticket management, Knowledge management and full web analytics
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Sep 1st
LED Light Bulbs are the wave of the future for Automotive Industry
The Future LED Light In Automotive Industry
When Nick Holonyak Jr. first introduced the LED in 1962, he probably has never imagined that LED light will get so popular in 50 years later.
One of the most popular places where LED lights have brightly “shine” is in the Automotive Industry Field. Even though it is not available for every car yet, growingly, more and more cars are rolling out of from the factory plants with LED bulbs and LED lights.
Here are the beauties of the car LED lights. 1) The LED bulbs are very easy to spot because of its faster reaction time to light up than conventional filament bulbs; 2) the LED light is much brighter than stock tail lights bulb so makes driving safer; 3) Due to nature of the LED is relatively small, so LED tail lights can be easily shaped to make the car look prettier with a trendy new look.
Beside all mentioned above, another common place you might find car LED lights is the aftermarket field. LED lights are getting more and more popular with those who like to customize their cars with these super bright and easy to install LED bulbs and LED lighting.
The common aftermarket LED parts on the market are LED strip lights, LED corner lights, LED replacement bulbs and the newly LED daytime running lights.
Also, Interior LED lights are also being adapted for cars to set a nice mood and for accent purpose. You’re starting to see more places offer them in a wide selection of forms, whether just LED interior accent lighting or complete LED underbody light kits that go under the cars. A lot of aftermarket companies like www.iJDMTOY.com (the Car LED Bulbs and Lighting Expert) have taken action of the increasing demand for the automotive LED lights and are actively bring more and more new LED light technology as quickly as they can.
LED Light Bulbs are the wave of the future.
www.iJDMTOY.com offers a varieties of Automotive LED bulbs and lighting accessories. We carry LED car interior lights, Euro LED daytime running lights, Lexus style LED license plate lights, and LED strip lights, etc. Our products will make your car look super nice.
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Aug 31st
Vetting Your Roofing Contractor
Mario Williams is a partner at Lone Star Roofing, a third-generation family-owned and operated roofing company located in Texas. A graduate of the University of Texas, Williams is known throughout the state as an expert in commercial and industrial roofing techniques. Here, he explains how homeowners can research their contractors before signing any contracts.
Vetting your contractor is one of the most important steps you are going to take when deciding to put a new roof on your home or office building. Whether the project is big or small, putting on a new roof is a huge deal for people in both time and money. That’s why it is really important that you take the time to find the right roofing contractor for the job.
To make matters even more confusing, you have to deal with the plain and simple fact that the roofing contractor industry is a high-risk industry. A lot of construction companies or people out there just come and go. And these fly-by-night roofers are obviously not who you want handling your roofing job. Unfortunately, the roofing industry is famous for having that particular problem and for having certain contractors close up shop all suddenly.
That is specifically why it is so important that anyone thinking of putting a new roof on their home or commercial property should take the time, do the research, and make sure they are hiring a reputable roofing contractor for the job. You are going to have to be a little more careful when hiring a roofing contractor as opposed to hiring any other type of contractor, but that is just the name of the game at this point.
So when it comes down to it and you are vetting a contractor, you are looking for someone who has experience and someone who is going to be around long enough to be able to guarantee some type of workmanship warranty. For the obvious reasons, you don’t want to hire someone who could be closing up shop in a few months, since in those cases you will have no way to collect on a workmanship or labor warranty should something happen to the roof.
Everyone has their own techniques for vetting potential contractors, but the big three things I encourage everyone to do is to make sure that their roofing contractor has a physical address, that he is listed in good standing with the Better Business Bureau, and that he has some type of affiliation with a professional roofing organization. Some tips:
Visit the business’ physical address. There is no point in even getting a labor or workmanship warranty if the roofing company behind it disappears a few weeks later. That’s why you should make sure the company you are hiring has a physical address where they can be found should something go wrong. If a particular company has been in business at the same location for a number of years, then that is a good sign that they probably aren’t going to disappear in just a few weeks or months. So definitely, anyone who is thinking of hiring a roofing contractor should check out that contractor’s physical office address to make sure it exists.
Check with the Better Business Bureau. I would certainly encourage everyone to call up their local Better Business Bureau office to make sure the company they are hiring is listed and in good standing. Once you have gotten through, you can also check the company’s history and make sure there aren’t any outstanding complaints. Obviously, if a number of people who have had problems in the past with that company, then that is something you would want to stay away from. But in general, checking with the Better Business Bureau can give you a pretty good idea of how reputable the roofing contractor really is.
Ask about professional affiliations. It is a good idea to check with your roofing contractor to see what kind of professional affiliations he maintains, just to make sure he is a member of some type of professional organization or group. Because each state has its own individual roofing contractor associations, there isn’t just one group to ask about. But in general, the most important thing is just making sure they belong to some group that is reputable. Nationwide, there are a few big national roofing contractor associations that are reputable and established.
If a company says they are affiliated with a national organization, of course that is a good place to start. But at the same time, you still need to do your due diligence and make sure that the references they give you to those professional organizations are legitimate.
In general, those are the three biggest things an individual can do to vet his or her contractor: Check the physical address, check the Better Business Bureau, and make sure the contractor belongs to at least one roofing organization. If all of those check out, that that is a good sign that you are on the right track and you have probably got yourself a good roofing contractor.
Mario Williams is a writer for Yodle, a business directory and online advertising company. Save money with the Guide to Roofing or more Home Care articles at the Yodle Consumer Guide, The Yodler. Also check out Vetting Your Roofing Contractor
Aug 30th
Employee Survey Best Practices – 11 Lessons Learned
The current economic downturn has changed the world dramatically. It’s a new ball game for every organization. Now, more than any time in the past 60+ years, current feedback from employees and customers is essential for knowing where we are, where we need to be, and for planning our organizations’ futures. Conducting effective surveys provides information and insight for making informed decisions, driving positive change and significantly increasing profit and organizational sustainability.
If your organization conducts surveys, or if you are thinking of conducting a survey, this article will help you achieve excellent results and avoid pitfalls often encountered while conducting surveys.
To receive a PDF version of the complete survey report by e-mail, including employee survey best practices, key survey findings, survey data and verbatim comments, please send an e-mail to hdeutsch@Quantisoftdotcom requesting the “Employee Survey Best Practices Report.”
Survey Best Practices – Increasing Your Survey Expertice
As a survey company we are often asked questions about survey practices: What is the best way to conduct surveys? How can we get the highest possible response rate? Should we use a survey company, or should we try to use a self-use online survey service? The questions we receive are many and varied.
While Quantisoft has extensive survey experience and expertise, we decided to conduct a survey to identify employee survey best practices at organizations we do not conduct surveys for. The findings of the survey validated our own survey experience and produced interesting and useful information and insight about employee surveys.
This article includes the key Lessons Learned and Actions for You to Consider from Quantisoft’s Survey About Employee Survey Practices. Please contact Howard Deutsch at hdeutsch@Quantisoftdotcom to receive the full Employee Survey Best Practices Report, including the survey findings, data and verbatim comments.
Lessons Learned
1. Types of Employee Surveys – Participating organizations are using a wide range of employee surveys to gather information and insight for making better decisions and making informed changes. Types of surveys they conduct include employee satisfaction/engagement, employee benefits opinion, employee turnover, sales force opinion, IT customer satisfaction, business risk assessment and other surveys. Information about types of employee, customer and specialty surveys is presented at http://www.quantisoft.com/Industries/SurveyTypes.htm.
2. Survey Frequency – The most common frequency for conducting surveys is annually.
3. Satisfaction with Survey Companies vs. Self-use Survey Services – Organizations that primarily use survey companies are significantly more satisfied with their survey process than organizations primarily using self-service online survey services. The reasons survey companies are providing greater satisfaction and value than self-service survey services include the expertise and experience provided, receiving survey reports quickly without the need to take time to generate graphs and other reports in-house, objective analysis of survey results, more focus on implementing changes, greater support and involvement from management and other factors.  Â
4. Effectiveness of Survey Practices – Organizations primarily using survey companies rate the effectiveness of key survey practice significantly higher than organizations using self-service online survey services. The survey practices with the largest gaps in effectiveness ratings are receiving support from managers, producing timely useful reports, communicating survey findings, developing implementation plans, analyzing survey results and achieving results from surveys.
5. Importance of Survey Practices - Survey respondents identified the “most” important survey practices as keeping responses anonymous, conducting follow-up surveys, time taken to complete survey and analysis of survey data.
6. Survey Response Period and Rate – Responding organizations strive to achieve a high survey response rate. A 2-week survey response period is most popular. A third week typically generates a higher response rate. 60% of responding organizations typically have a survey response rate of 60% or greater.
7. Primary Survey Approach - Online/Web surveys are the most often-used approach. Organizations are learning ways to end the use of paper surveys, even for employees that do not use computers to perform their job. 70% of responding organizations use Online/Web surveys as their primary approach, 20% use paper surveys as their primary approach and 10% use Online/Web surveys supplemented with paper surveys as their primary approach.
8. Reasons for Conducting Employee Surveys – The top reasons for conducting employee surveys include identifying performance improvement opportunities, assessing employee satisfaction and engagement levels and trends, part of ongoing measurement process and identifying causes of employee turnover.
9. Surveys Achieving Their Objectives – Some organizations are achieving very strong results from surveys while others are falling short. Key factors for achieving survey objectives include management support for conducting surveys and implementing changes, using a survey company and executing well on all of the survey practices. Surveys generate significant quantitative and qualitative results when designed and executed well, followed up by effective analysis and implementation of changes identified by surveys.
10. Using Normative Benchmarking Data – Survey respondents prefer to benchmark their survey results with survey results from other organizations. However, they are not comfortable using benchmarking data unless they can be sure the data enables “apples-to-apples” comparisons. Similarity of organizations being benchmarked, similarity of survey questions/wording, common time frame for when survey data was collected and other factors are important for making valid benchmarking comparisons.
11. Survey Best Practices – Knowing and consistently following best practices is very important for successfully conducting surveys and achieving results. Organizations that fail to follow best practices for all survey practices fail to achieve the full potential results from surveys.
Actions for You to Consider – Conducting Better Surveys
1. Share the full Employee Survey Best Practices Report with people in your organization who are responsible for conducting surveys, and with managers that can benefit from conducting surveys. Send your request for the full report to hdeutsch@Quantisoftdotcom.
2. Compare your organization’s approach for conducting surveys with the best practices, lessons learned and other information and insight included in the full report available from Quantisoft. Identify and implement changes your organization can make to achieve greater results from surveys.
3. Consider conducting surveys to gather information and insight for increasing your organization’s competitiveness and bottom line in this difficult economic environment. Beyond the usual employee satisfaction/engagement surveys, other types of surveys can enable your organization to identify ways to increase sales, identify and manage risks more effectively, gather feedback for reducing costs and increasing quality and customer service levels, enhance your organization’s “going green” profile, get more value from employee benefits dollars spent and much more.
4. The world has changed dramatically during the past year. The information and insight gathered from surveys conducted just a few months ago may no longer be valid. Update previous surveys now to gather current information and adjust action plans to reflect the “new reality”.
5. Make sure to focus your organization’s surveys on gathering actionable information that will positively impact employees, customers, the environment and your bottom line.
Information and tips that will help you to achieve results from surveys are presented at http://www.quantisoft.com.
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Howard Deutsch is CEO and co-founder in 1999 of Quantisoft, LLC, a full-service survey company. Quantisoftâs innovative surveys enable organizations to measure and achieve breakthrough increases in performance and make better, more objective decisions. Quantisoftâs mission is to provide managers with the information and insight they need to increase performance and competitiveness.
Prior to 1999 Howard ran a management consulting company for seven years, and held senior-level consulting and line positions at NatWest USA, Bankers Trust, Chase, RCA, Control Data, Computer Sciences and Grumman.
Howard has a BS in Industrial Engineering from Rensselaer Polytechnic Institute (RPI) and an MBA in Finance from Saint John’s University. He was an Adjunct Professor teaching Organizational Behavior, Human Resources Management, Leadership, Reengineering, Corporate Governance and Entrepreneurship in Seton Hall Universityâs MBA and undergraduate business programs for eight years.
Contact Howard Deutsch at: (609) 409-9945 or hdeutsch@quantisoft.com. Information about surveys, survey tips and articles about surveys are presented at www.Quantisoft.com
Aug 29th
How To Throwing Light On Espresso Coffee Machines
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Aug 27th
The benefits of selling property privately
Estate agent fees can take a chunk out of your equity or profit when you sell a house, whether it be your own home or an investment property. In the current climate, every penny counts, which is why more and more people are choosing to sell property privately rather than lose a percentage of the price to estate agencies when they can successfully market their house without using them.
Ditching the estate agents may seem like a scary step, but selling property privately is made easy when you use a company like Your Property Key. They help you to advertise your house privately so you can save on those fees and their useful selling guide can help the process to make more sense. Staying in control of selling your property is another benefit of private sales, because you can negotiate with potential buyers yourself, rather than always having to go through a third party. This can help to speed up the entire process and also means that you can keep things moving along regardless of estate agent office hours!
You can have a sales board up outside your home, you can have an online advert with photos, maps and local information available as well as a full description of your property – but without the hassle and fees of estate agents to worry about. Of course, it makes sense to get a Solicitor or Licensed Conveyancer to deal with the legal issues and paperwork once you have agreed a sale, but financially you can still make large savings when you choose to try selling property privately.
With a small one-off fee, your home can be advertised with high visibility online by Your Property Key, enabling the money you make from the sale to stay in your pocket rather than go to an estate agent.
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