Condo Living Is Not Meant To Be Hassle-Free

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Shocked by the prospects of having to pay as much as $11,000 each in a special assessment, owners of units in a Farmington condominium complex have banded together to find a solution to their million-dollar problem.

Normally, few of the unit owners attend condominium board meetings, but about 60 residents of the Greenbriar complex showed up at last Monday’s special meeting to figure out what to do about their wooden siding, which is rotting in many places and needs to be replaced.

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Dealing With Strangers

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When answering your door, first and foremost look all the way through the window or peephole to see who is there. If you are not familiar with the person, talk to them without opening the door. If you have any worries or doubts about the person, do not open the door. Get in touch with the landlord or police for assistance, if necessary. Do not ever permit  to enter your home an unfamiliar person to use the phone. Suggest to make the call for them as an alternative. Also, when dealing with othersask to see their identification. Even you are comfortable talking with the person, do not ever let them in.  

Condo Hotels

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20.jpgThe current development in real estate investing is the hotel condominium idea, known also as CondoHotels or Condotels. The essential concept is that a shareholder owns a specific condominium unit in a huge building or development, which can be later used by the owner, or rented to unrelated parties on a short term basis, as part of a hotel. The person who is renting the space may have no idea that the unit is owned by someone. The owners more often than not are part of an association which deals out the rental income. Expenses are by the way subtracted from the profits or collected as an appraisal.

Condo vs House

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Why choose a condo more than a house for investment? Condos make immense rental properties. Whether this is your very first real estate acquisition or not. Condo purchase makes a remarkable investment. Say that one day, you make a decision to get married. You can always put it up for rent if you cannot find a good deal on selling it. From time to time, people would buy and sell units time and again before the paint was even dried up or worn out on the new construction. As a result, condominium values are depressed and ripe for savvy buyers.

Read the Contract

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It’s a good business habit to read everything before signing a document. This makes you more familiar with what’s expected from you and what you expect fro the condo corporation.

Although to some, reading it may be a chore, especially if you’re uber excited in owning the unit. For example, if you see “no pets” or “no one under the age of 18”, but you have a pet Python and a month-old child, then the condo unit is just not for you.

If the document has a lot of legal stuff in it, please consult your lawyer, or (better still) a condominium consultant. He or she knows a lot of how these bylaws can be translated to layman English.

Living in a Truck Container Condo

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Imagine living in a condo unit built entirely from truck containers? Yes, and if this is approved by the Detroit city, it’s going to be one of the cheapest in town. It’s going to cost $1.8 million only, compared to the “normal” condominium costing 75% more. The location for the groundbreaking will be near Wayne State University in 2009.

“It’s been done in Europe and, to a limited extent, in this country. But no one has looked at organizing the process on a larger scale incorporating a range of recycled materials and efficiencies that could save a homeowner as much as 60% annually in energy costs,” she said.

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Green – Stained Glass

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The product has the same feel as the real thing but they are actually recycled wine bottles that have been shaved, re-heated and flattened out to get the same look as stained glass that tends to be expensive. Wine bottle recycling is a very nice way to recycle glass that can be taken out of landfills though the process of recycling glass is a very expensive and it does require a lot of hardware, it is still a way of recycling for the good of the earth.
Glass bottle recycling is not a new concept for glass is one of the most easily recyclable man-made materials on earth. Old bottles and other glass refuse is added as cullet to new glass that is actually more energy efficient for it melts at a lower temperature over the pure materials that glass is made of. It is added to the batch of molten glass to lower the temperature of the raw glass allowing savings in the production process. Go green and save the earth, the future you prepare for might be yours, or your children’s

Glass Here, A Little There, Some more there!

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Many people have been marveling at the Grand Canyon Sky-Walk which truly is a sight to behold, yet it also brings the flexibility and utter usefulness of glass as a building material. Glass used to be the preferred material for windows and doors for they allowed unimpeded views of the outside world and int he case of the Sky-Walk, on the floor.
The technology behind glass has grown so much that it has taken it to a point wherein it can be made to work as designed, tempered for our cars and laminated for added strength at varying levels, sometimes even enough to resist bullets and shrapnel. There are a new breed of uses for glass and one of them is on the walls and floors of patios or decks that till now scared people due to the fragility of glass in the days of old.

Antique Chic

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antique2There are a lot of people who simply cannot do away with some family heirloom in one way or another, a cabinet that belonged to your grandparents or some other antique. It may seem straightforward but these precious pieces have more of a sentimental value than practical use but with some creative thinking it can serve the same purpose. The best way to give tribute to a piece with such character is to use it and use it well, the only problem is that these pieces way not be able to handle the regular wear and tear we may place upon them so additional protection should be applied in the form of a re-finish with modern protective coatings that can have the same feel and look of the original finish yet is more robust to use. Read the rest of this entry »

Thrifty Chic

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craftyThe many unique finds you can get from the many weekend markets that are springing up all over the place cannot be understated as they are a very good source of recyclable furniture and other trinkets that can be turned into unique stuff. Using some basic tools, loose crystals from antique chandeliers and some silver bits and parts can be made into very attractive lighting fixtures that would be the envy of your peers. Most chandelier crystals have holes which were used to hang them and with some gold or silver wire, available at crafts stores, these can be turned into light accents or other interesting pieces that would allow you to create one of a kind masterpieces. Read the rest of this entry »

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