Model Progression System (MPS) can improve the building information modeling process

MPS is a suitable language for owners, designers and builders to identify each component and task in the building construction procedure. The MPS establishes the communication between the architect, the design team, the estimators and programmers and directs the procedure of progression of the design. It brings all the information about the building: which components must be modeled and with […]

5 Ways to Cut Home Heating Costs

Whether you own your own home or some type of commercial property and/or both, heating costs and energy expenses are often significant. While it is important to ensure that your system is working properly, effectively, and is well maintained etc., there are several simpler and more basic considerations that could, significantly, factor into how best to address this important factor. […]

Double Width Mobile Homes vs. Single Width Mobile Homes

Over the last decade or so, manufactured homes (still commonly known as mobile homes) have become a great option for new homebuyers. Unlike the old shoddy trailer park mobile homes people think of, manufactured homes now come as two-story homes or even townhomes and include features like high ceilings and fireplaces. However, the basic configuration of manufactured homes is still […]

Why do you need title insurance?

If you’ve ever bought a home through a real estate agent and with a mortgage, then you’ve seen a title compromise. This is a “certificate of health” from a title insurance company, telling you who owns the property you are buying and any liens, mortgages, or liens on the property. It is essential that you obtain a title pledge and […]

The myth of passive income

According to the IRS, there are three categories of income: assets, liabilities, and portfolio. Active is what it seems. You do income-generating activities from which you earn income. Portfolio is also what it seems. You invest money in things like stocks, real estate funds, or other investment vehicles, and at best, your investment produces a profit or income. Then there […]

Tips to help ensure your hard money loan is approved

You have located a property that is the proverbial “diamond in the rough”. The purchase price is incredibly reasonable and with the right updates and improvements, the property could sell for a substantial profit. This all sounds great, but suddenly you realize: how can I afford to buy the property and fix it up? Enter a hard money loan. This […]

Tips for Buying Foreclosed Properties

Buying a foreclosed property can help you get the home of your dreams at below market price. When a house is listed as a foreclosure property, it means that the owners are in deep financial trouble for a long time. The owner can no longer pay the mortgage and no future payment is possible. In such cases, the lender takes […]

The psychology of banking

On understanding the motives of bankers and clients in the banking business using knowledge of psychology… Since financial markets are going through rapid change and considerable turmoil, I thought I should do a psychology of banking. I’m going to get away from all of economics and just focus on what it means to be a banker or an investor from […]