Land isn’t suggested as an investment as often as real estate, but that doesn’t mean that there’s no potential to make money from it. If you’ve found yourself scooping up a piece of land or you’re looking for a way to capitalize on an area that’s being developed, here are some of the ways you can make money from the land you own.
Much like remodeling and selling a home, you can flip a piece of land as well. Depending on where it is placed, a few smart investments can make it a much more attractive purchase for business owners and real estate investors in the area. For instance, you could build a new road on the land that makes it a much better prospect for building properties on, or make water available and get septic approval to sell it as some good farm or campground land.
Prepare the land for real estate development
Are there real estate investors who are looking hard at the area that you’re in? If you have land that people are already starting to inquire consistently about, you can develop the land and break into pieces that you can sell to those looking to build homes individually. For instance, turn 12 acres into 6 2-acre parcels. If you get enrolled in surveying study pathways, then you can learn the skills to perform a full site survey yourself. This can help you identify which land can best be sold to those looking to develop or building property on it.
Attract campers to come and stay on it
You don’t necessarily have to sell land to make some good money off of it. If you live in a place that’s nice and scenic, or close enough to some high-demand attractions, then you might be able to make money off campers instead. Creating space for tents and RVs, advertising it to campers, and making sure that they have the amenities they need could turn your unused land into a fantastic campground. Just make sure you take a look at any permits or licenses you might need to rent out your land.
Consider leasing it to hunters
If your land has plenty of wildlife on it, then did you know that hunters might be willing to pay quite a sum to rent it from you? Hunting grounds can be leased out to those who want privacy and exclusive rights to hunt on your private property when the season comes round. It might not make enough money to cover all the taxes alone, but it can be an excellent way to make some money back while you’re waiting to seel or to get the money together to develop the land.
If you have land, there may be plenty of ways to make money from it that you haven’t considered yet. The examples above are just that and not an exhaustive list by any means. Just ensure you make the appropriate investment for the land you’ve got.
When buying a home, securing the down payment is usually one
of the biggest obstacles that most Filipinos face. Sure, you can acquire a home
with minimal or zero down payment, but that only increases the amount you need
to pay monthly and in the long run, not to mention the length of the loan term
you will get.
Before you look for pre-selling houses in Cavite or other places, here are some ways to save up for a down payment:
1. Minimize debt
One of the first things that a lender or bank will look at
is your current debts. If you have a lot of financial liabilities in the form
of debt (e.g. car loan, business loan, personal loan, etc.), they may not be
too keen to let you borrow money. Hence, you may not get the house you want or
may have to pay a larger amount to secure a loan.
If you’re thinking of buying a house soon, minimize debt as
much as you can. This way, you can set aside more of your income for a sizeable
down payment.
2. Be smart about your money
Saving up for a down payment will require a lot of
sacrifices, especially if you are raising a family at the same time. If you’re
really set on buying a house, you must be willing to improve your spending
habits by doing the following practices, for example:
Stick to your budget.Even if you’re not planning to buy a house yet, it’s good practice to set a budget for yourself and learn how to stick to it every month. Make sure to factor in your savings (for the down payment) when you create your budget, and deposit the amount right away in a separate savings account.
Set aside wants for now.Focus on saving up money for a down payment and think about your future every time you want to buy something that you don’t need. That new gadget, jewelry, or designer bag can wait for now.
Make adjustments.Whenever you can, make adjustments to your lifestyle in order to save more money. For example, if you spend too much money on eating out, minimize your restaurant dates to only once or twice a month.
3. Find other sources of income
If you have a full-time job, you can still find other streams of income to bulk up your down payment savings. Use your talents and skills. For example, if you are a good baker, try selling baked goods online or in the office. Or if you’re a talented musician, offer your services to weddings or debut parties. You can also consider starting a business with low investment, such as an online shop or a small food stall.
4. Set up separate accounts
Open a separate bank account for your down payment savings
and don’t touch this account unless it’s for an emergency. Transfer your
monthly savings into this account and consider it as a mandatory
“bill.” This way, you’re training yourself to be obligated to save
money every month, instead of treating it as an afterthought.
Owning a house is every Filipino’s dream. But if you don’t
have enough savings yet, following these tips is a good start.
It is important to have a career that you are happy in. A job that satisfies you will mean that you will suffer from less stress in your life. You will feel more fulfilled in life in general, and you will be more confident, having achieved what you have set out to do.
There are many barriers to getting the career that you want. You may not feel as though you have the experience that you need to get the job, or may lack the confidence to put yourself forward for positions that you are actually qualified for.
Often the barriers that you face when looking to progress in your career are ones that can be overcome with the right mindset. Here are some tips for finding and obtaining the career that you want.
Be In The Market For That Job
If you are not actively looking for the career that you want, then you will never get it. This means that you should be regularly checking in on recruitment websites such as Cornerstone Medical. You should particularly focus your attention on job boards that are focused on your specific career niche.
Sign up to email notifications on keywords, and follow relevant social media profiles that share jobs within the sector that you are interested in working in.
Apply For Jobs
Get applying. Even if you don’t think that you will get a job, put some effort into your application and put yourself out there.
If your application progresses through to secondary stages, but you still don’t get the job, have the confidence to drop the recruiter and email and ask for feedback on your application. There may have been something that they were looking for specifically from you. By finding that information out, you can hone your applications and develop your experience.
Look For Ways To Gain Experience
If you haven’t quite got the skills or experience yet for the jobs that you want, get yourself onto some online courses, or seek out local organizations that might allow you to gain a small amount of work experience with them. You can often do these things while working in a stop-gap job.
The more that you can do to improve your applications and resume, the better. You should always be looking at changes that you can make that will increase your chance of employment.
Adopt A Healthy Positive Mindset
“You can get this job”. “You will progress in your career.” These are the kind of affirmations that you should be telling yourself every day.
Confidence doesn’t come naturally to many people. Most people have to put it on to a degree. But the more you say positive things to yourself, the more you will start to believe them. As your self-belief grows, so too will your chances of finding the career that you are working hard to obtain.
There is no debating the fact that running an office comes with expenses. There are so many costs associated with keeping your business premises, from stationery, through to the people and the roof over your head.
There are lots of ways that you can save money though. Here are some tips.
Cut Down On Your Printing Expenses
If your business needs to print things out, then you should shop around for cheap Cartridges. By using compatible cartridges rather than branded ones, you could vastly reduce one of your biggest stationery expenses.
Before you print anything, you should consider whether it actually needs to be printed. Most paperwork can just be stored safely on the cloud where all of your staff can access it securely and quickly. If you need to put up a notice, why not consider communicating it to your team via email, or through a team management app.
Consider Switching To Running A Virtual Office
A major expense is the cost of the actual office itself. But what if you didn’t need the office in the first place? Could you run your business from anywhere that you have an internet connection and a laptop? Do you even need to be in the same room as your employees in order to get the job done?
More and more businesses are opening up to the idea of flexible working. That means that you can work from anywhere in the world. If you need to meet with clients, go to them, or arrange to go to a mutually convenient meeting place.
If you need to have post sent to a formal business address, why not just hire a virtual address to have this sent to? The cost of this will be very small in comparison to the overhead of putting a roof over your head.
Hire Remote Workers
Do you want to hire the best workers, or are you just content with the best workers that are within an easy commute of your business? By opening up jobs to remote workers, you will be able to attract the brightest and the best talent. With less of a restriction on where they are in the world, you could have the highest standard of employee who will communicate digitally with you from anywhere in the world.
Time zones can sometimes be an issue if your remote workers are over the other side of the world. However, if they are happy to work hours that may be deemed as less sociable for them, then this can work.
Remote workers offer flexibility to your business. You will find that employees will tend to have very strong work ethics and that they can be a lot more productive as a result.
When searching for remote workers, take into consideration how you might recruit these people. You will obviously want to carry out a fair and thorough assessment. Look for ways of seeing their previous work before offering them the job.
If you thought that Moore’s law was dead, then Jim Keller, Intel’s lead chip designer, has news for you. He says that we’re still a long way off from the limits of silicon, and he wants to prove it.
In 1965, Intel founder and computer legend Gordon Moore observed that the number of transistors you could fit onto a chip doubled every couple of years or so. He thought that the trend might continue running for a decade or so, but it kept going, ushering in the modern technological age that we enjoy today. In 2015, Moore’s law celebrated its 50th anniversary.
Boffins and physicists pointed out, however, that eventually, you’d reach a hard limit imposed by the laws of physics. As you enter a smaller and smaller scales, quantum uncertainty takes over, and it becomes more challenging to prevent short circuits. Due to quantum effects, electrons can hop from one transistor to another, even if they are closed off from each other with solid material. This process causes chips to heat up and parse information less efficiently, harming their performance.
Ten years ago, many people in the industry believed that Moore’s law would run out of steam by 2020 – the year we’re in right now. But there’s been some push back against this idea from people in the industry. They claim that we’re a long way from maxing out silicon and that there are plenty of things that we can do to prevent stagnation.
Denser Gates
Jim Keller points out that there are several reasons to be optimistic. One of those is the fact that chip makers, like Intel, are now finding ways to make gates denser on CPUs without the electron leak problem. Keller believes that his firm can improve gate density by 50X, potentially overhauling the performance characteristics of CPUs entirely. Firms like Interbyte could see their orders shooting up from companies that need faster, more powerful servers.
3D Stacking
Then there’s the idea that if engineers can’t pack any more transistors onto a flat surface, they can try layering them on top of each other.
We’ve already seen this kind of thing in other areas, such as 3D NAND flash memory and high-bandwidth memory on some AMD graphics cards. So it is only a matter of time before it makes its way into the computing world.
Sure, it might require a lot of retooling, but that is something that Intel and others have been doing for many years, and there’s no sign that they’re keen to stop.
Graphene
Silicon is the material of choice for the semiconductor industry, but graphene is even more promising. The reason for this is that the carbon-based substance is able to conduct electricity with practically no resistance. This property means that is doesn’t heat up like traditional copper wires, meaning that it could replace them in chips.
Sure – graphene-based tech is a long way away – but it could mean that CPUs have higher clock speeds – perhaps as high as 100 GHz.
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