Part 1: How to make money from home by selling things

Modern life provides enough opportunities not to work for a minimum salary for someone in a commercial office or government organization, but to see hidden prospects.

This can be done without leaving home your home. It is only necessary to choose a profitable occupation for yourself and start making money.

If you have always dreamed of working in a trade, but do not want to work in a regular store, then you will be able to build your commercial vein at home. You can do sales, and at the same time earn good money.

  1. Online store

People are quite lazy, so for many of them is hard to go to the distant shopping center.

Today, the advanced young people prefer to make purchases on the internet without spending too much money. You can use this trend and make money by opening an online store.

To make money while sitting at home using an online store, you need to:

–    Form sole proprietorship.

–    Decide what exactly you will sell: clothes, shoes, household goods, car parts, etc.

–    Enter into contracts with suppliers.

–    Find an assistant.

–    Create a user-friendly website.

–    Fill it with goods (photo and description).

–    Start advertising your online store.

If you do not have enough money to open a full-fledged online store with a large assortment of goods, you can sell your own things that you don’t need anymore.

  1. Selling things through online auctions

Today on the internet you can find a bunch of online auction websites, where ordinary people can make money from home, by selling unwanted things.

The most popular and convenient users consider:

eBay,

eBid,

Bonanza,

Webstore.com,

OnlineAuction.com.

To earn money from home, making sales on the online auction, you need:

–    Register account at one of the websites given above (or at all of them).

–    Take pictures of things you want to sell.

–    Make descriptions of them.

–    Set the price.

–    Wait for buyers.

If you don’t ask too much, by setting prices, you can not only get rid of excess rubbish in the house but also earn money.

  1. Distributor activities

If neither the first nor the second option suits you, and you still want to make sales at home, you can become a distributor of a large company.

The constant income can be within 200 – 300 dollars a month. If you have a permanent job, you’ll not have too much time to sell, but if you decide to make money without leaving your home, then your income can be much higher.

How you can benefit from MMC’s

MMC (also known as smart construction) stands for Modern Methods of Construction.

This method allows for faster and more efficient building as it uses off-site construction in factories.  This makes mass production possible in a way that is not achievable when using more traditional methods.

It also has the backing of the government who is pushing to drive adoption of this method.  MMC is already prevalent in public building initiatives and this popularity is likely to transfer over into the commercial housing market.

What is the process for getting a mortgage for an MMC property versus a traditional build?

Key to consider in this respect is whether it is more difficult to secure a mortgage on an MMC property than it is a traditional build.

Of course, there are variations from lender to lender and each will have different requirements and different terms and conditions in place.  A big consideration for lenders is the quality of the property (and this applies to both MMC and traditional builds), however these concerns may be greater for MMC properties and therefore make it more difficult for those self building to secure the finances they need.

Generally speaking it pays to approach a building society for self build mortgages.  Seeking help from a qualified mortgage advisor can be a good route to the best deals if it is proving difficult to secure the finance needed.  Building societies, particularly those that lend in the self build market are likely to be more receptive as they are more experienced and better equipped to accurately identify any potential risks of a self build mortgage.

A mortgage advisor is able to guide borrowers regarding what documentation is required.  However, for those approaching lenders directly it pays to be prepared and have all the required information in p lace.  The same documentation that is needed to apply for a mortgage on a traditional build is required along with several other documents.

Borrowers will need to see; construction drawings and specs, total project cost estimate (including fixed price contracts where possible), copies of planning permission.  In addition, they will also need to see Building Regulations Approval (including SAP calculation), structural warranty, a site report and in some cases the architect’s professional indemnity cover.  New Homes Warranty (10 year insurance policy) is required and the mortgage lender will provide a short list of who their acceptable providers are, buildings insurance is required valued at equal to the build cost of the property (as a minimum).  In some cases, lenders may also wish to visit the site to undertake further checks.

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Tips – What to Know About Renting Out Your RV

When you decide to buy an RV, you might not necessarily think of it as an investment. Instead, you may be thinking more in terms of the enjoyment it can bring to you and your family. However, a lot more people are being strategic with their RVs and turning them into a source of passive income by renting them out. There are plenty of people willing to pay well to rent an RV, but there is a lot of competition.

For example, if you visit Outdoorsy, a site that serves as a peer-to-peer platform for RV rentals, you can see how many options are available.

If you were to choose a location, for example, Virginia Beach, there are 176 RVs currently available.

If you’re planning to rent out your RV, what should you know to ensure you stand apart from the competition, so you’re able to maximize your earnings?

Be Transparent with Your Listing

When you’re listing your RV to be rented, it’s important to be honest and transparent. When you’re using an RV rental site, the people who rent from you are going to be able to leave their own feedback and reviews, and building up history is very important to continuing to get renters.

If you’re dishonest in your description and you try to make your RV seem better than it is, you’re going to have unhappy renters, and that’s going to destroy your RV business before it even gets started.

Be truthful in your descriptions and manage expectations. Even if your RV isn’t brand new or the most high-end model available, there are going to be renters who are interested if the price is right.  If they feel like they knew what they were getting, they’re more likely to leave positive reviews.

Professional Cleaning

Before you have your first renter take off in your RV, you should have it professionally cleaned. The importance of cleanliness can’t be overstated. Then, you might want to build in a cleaning fee for each rental so that you can continue having it cleaned each time someone rents it.

This is what property rental companies do with vacation rentals, and renters are going to appreciate a clean, fresh vehicle.

Add Extras

There are simple ways to add perceived value to your RV when you’re putting it on the rental market. For example, make sure it’s stocked with the essentials that travelers probably aren’t going to bring with them. This can include sheets and towels, as well as dishing and basic cooking items. You can keep things like oils and spices stocked, and you can add a coffee maker.

These things don’t cost a lot of money to include, but they’re something renters are likely going to value.

Finally, be strategic with your pricing. You may want to overprice your RV to earn more, but you need to do market research, be honest with yourself about how your RV stacks up and come up with a price that’s in-line with other RVs being rented out in your area.

What You Should Know BEFORE Applying For a Mortgage

The purchase of own home is a dream of most of the people, but it is difficult for the common men to afford the prices of individual houses or apartments. The option for taking a mortgage loan is the best way to enable these people of mediocre income to buy their own residences. They can repay the money taken as mortgage gradually over the years while living in their own homes. However, it is essential to know certain vital factors, before a person proceeds with the application for a mortgage.

Main aspects of taking a mortgage loan for buying house

 Know about the rules of all mortgages – Mortgage is available from different banks and other financial organizations. But each of them has their own terms and conditions about granting mortgages to the customers. So it is essential for the applicant to do a research online, by checking the rules mentioned on the website of each local financial company, as well as the reputation of these organizations.

  • Decide the preferable mortgage duration – Generally, the mortgages are granted for 15 years, 20 years or 30 years. The longer is the duration of repaying the mortgage loan, the lesser will be the interest to be paid by the borrower. So if the financial condition is not stable enough, it is better to opt for mortgage plans of lengthier durations.
  • Opt for the type of mortgage – The mortgage should be either in a fixed rate that does not change within the entire term or may be in the adjustable rate that can change according to the financial condition of the market. The adjustable rate mortgage is likely to decrease the interest sum later, which is not possible in case of fixed rate one. Some financial organizations provide some reward points to their customers that can be used for reducing the interests.
  • Keep in mind all the related expenditure – The loan receiver needs to give good sums of money for the paperwork, fees of the mortgage agents and many other relevant charges at the closing of this deal, apart from a down payment. So they need to be ready for bearing all these fees if the seller of the chosen house is not willing to pay any of these charges.
  • Check eligibility of the borrower – The money lending company will always check the credibility of the mortgage applicant, before granting him the required mortgage. The yearly salary of the applicant should be satisfactory enough for granting the asked sum of the mortgage. The applicant’s credit score will also be checked to see if there is any kind of dispute in his credit history.

When the borrower has decided on all factors for taking a mortgage, the application should be filed in with all the necessary documents, to get the money fast for the payment of his dream home.

Property let insurance – a quick run through

If you buy a house, apartment or building (a property to let), you’re running a business activity which the main goal is to make the profit from it by collecting the money from your tenants.

In this article, you will see how and why to let property insurance is important and what it differs from the standard form when the insurance protects the property normally when it’s in continuous use by the owner of tenants.

Property let insurance – when other is not suitable

The difference between this type of insurance and the standard is important for insurers as they consider that there are different risks for the property when it’s occupied by tenants than for one that is exposed to the normal use.

When tenants rent the property, it’s necessary to have the landlord or let property insurance, as a standard form are not suitable anymore.

If you don’t have the let property insurance for the apartment, house or building you’re letting, any claims for damage or loss will be unjustified and likely rejected.

What let insurance covers?

Because of many different landlords, there are also different types of let or landlord property insurance.

A typical let property policy include the following features:

Building insurance

As the building is the primary asset for the buy to let business, you need to protect the whole structure and its integrity. This type of insurance also protects your building from highly dangerous and destructive risks as fire, floods, storm damage, the impact from the surrounding objects as trees and branches and cars, vandalism and theft.

The total insurance of the building protects it from the worst scenarios where the property is completely destroyed and needs to be rebuilt.

Insurance of contents

If you’re a landlord, you surely have some contents that need to be protected and insured from loss, theft or damage.

Liability insurance for landlords

When you own the property, you have the liability to ensure that no one inside and outside your building will suffer from the injuries (tenants, visitors, workers) or damage their own property.

Rental income loss insurance

If you own a property, you already know that it’s a business and if a sufficiently severe insured event damages it, your income may stop because the property that you currently have is impossible to inhabit. Most of the landlords in such cases can get the compensations for their loss.

Bitcoin IRA Rules and Other Important Things to Watch Out For When Investing

The meteoric rise of Bitcoin in the last 12 months was something which caught many investors by surprise. Owing to that spike in investment for not just Bitcoin but other cryptocurrencies too, many people are now looking to get involved in investing in this new and exciting financial development. In order to do this, thousands are turning to their IRA with the idea of using their accounts to fund cryptocurrency investments. There are however, many Bitcoin IRA rules and requirements which you must adhere to, as well as many important things which you must watch out for if you plan on utilizing your IRA to invest in the crypto market. To help you better understand what is required from you, here are the top rules and watch outs which you need to be aware of.

Misleading Statements

It can be easy to get confused with some of the syntax which is used when discussing Bitcoin or cryptocurrency IRAs. For example, virtual currencies are considered by the U.S. as property for federal tax reasons. The IRS does not specifically mention Bitcoin IRAs under its 2014 ruling on virtual currencies, but this is because it intentionally doesn’t mention every investment type available. The key point here is that Bitcoin is eligible for inclusion in IRA investments, as long as such investments are done in a way that complies with IRS regulations.

Not All Bitcoin Wallets Are Made Equal

A Bitcoin wallet is required to store your currency but it is important that you don’t make the mistake in thinking that they all offer the same thing. For example there are some wallets which allow you to store multiple cryptocurrencies, whereas others only support Bitcoin. There are lots of other pros and cons which you need to be aware of when weighing up which digital wallet you will use, so make sure that you check them all out before you decide which one to use.

Price Isn’t Everything

The DIY model when setting up your Bitcoin IRA is not always recommended and unless you know exactly what you are doing, it is always better to use a service for this. There are many companies which can offer you a full service of turning your IRA into a Bitcoin IRA, all with varying benefits and various prices. The key however is not to assume that the cheaper option is the best option, in many cases they are not cheaper in the long term. Some companies will offer the chance to sell Bitcoin at cheaper prices than the market value but there are usually strings attached to these deals such as purchasing of mining equipment or lengthy fulfillment terms. There are higher fees attached to place Bitcoin in an IRA over the likes of securities and traditional assets, so this needs to be taken into account too. Again, make sure that you shop around and weigh up the terms and conditions before you decide on who to use.

Are Electric Bikes Actually Cost Efficient?

  Electric bikes were previously considered as just fun objects that the youngsters wanted to ride for gaining extra pleasure. But now this kind of bike is gaining popularity among the common people for many proven advantages. Actually, a high-power motor is fitted to a normal bike to transform it into an electrical bike. Thus, this bike can run faster than the ordinary ones and can pick up the speed till 15 mph, as higher speed is not permissible in the UK. Though its cost is quite affordable for most of the buyers, people do not hesitate to pay the higher cost than ordinary bikes, due to the cost-efficiency of an electric bike.

Most lucrative facilities available from electric bikes

 No extra maintenance cost – The electric bikes need only the extra expense of the batteries to supply electricity to the wheels. But this expense is quite negligible compared to the better speed and other facilities obtained from this kind of bike. As the other mechanism is same as the normal bikes, the maintenance costs also found to be the same.

  • Much higher speed – The electric bikes can be driven at much higher speed than the ordinary ones and this speed is almost matching to the speed of a car while driving on a road with busy traffic. Moreover, it is easier to manage way with a bike among too many vehicles, while maintaining the speed due to this battery-operated bike.
  • Can run on any rough terrain – The electric bikes are powerful enough for driving through the rough road surfaces of even the hillside. Moreover, this bike is perfectly safe for riding through the uneven roads and never causes accidents even on high speed.
  • Good for maintaining fitness – It is known that bike riding is a good exercise and the high speed of the electrical bike stimulates the body muscles in a better manner. Moreover, the enjoyment of bike riding encourages people to use this bike more frequently, which benefits their health.
  • Provides more pleasure – The easiness of riding the electric bikes causes less effort from the biker and thus, much easier to drive even in hot summer days, without causing too much sweat like it would have been in case of ordinary bikes. Moreover, people reach their destinations in lesser time than imagined on bikes, making their rides more enjoyable for the bikers in all weathers.

The electric bikes are much safer than the cars or scooters while providing the same speed and joy of riding those vehicles. So now more people are inclined to buy these bikes that can be sold later with better resale value than the ordinary bikes.

 

Four Ways You Can Help Your Family Back Home When You’re a Poor College Student

Studying abroad has many benefits that include:

  • Enhancing your awareness of other people and cultures
  • Increasing the quality of your academic experience
  • Advancing your career by obtaining global knowledge
  • Enhancing personal growth by learning more about others

Unfortunately, nowhere on that list will you find making loads of money or getting rich. Being a poor college student is a right of passage for many, but it can be even more stressful if you’re a student in the U.S. and you want to help your family back home.

Here are a few ways you can support your family in e.g. Guatemala with the little cash you do make in your spare time.

Transfer Money

When it comes to helping family back home, there really isn’t anything better than cash. It allows your parents, brothers, and sisters to pay for the things they need when they need them.

Just make sure you choose a transfer service that offers great exchange rates, small fees, and delivers your money on-time.

Pay for Everyday Necessities

You may not be able to send cash, especially if your parents insist on sending you what little they have! Instead, you have to take a different approach. Shipping everyday necessities to your parents might be a better option.

You can mail necessities to them, or you can order items and have them delivered to their doorstep. You can send everything from body wash to tissues, depending on the needs of your family.

Send Care Packages

Sending necessities is a great way to make sure your parents, brothers, and sisters are taken care of when you’re away from home, but they’ll probably appreciate a care package even more.

With a little practice and forethought, a care package doesn’t have to cost a lot of money, but it can have a huge impact.

Consider packing candies and treats that they can’t find back home. Games, music, and clothing are all great things to send that your family is sure to love.

Tell Them About Your Everyday Adventures

It isn’t all about money. Your family cares about how you’re doing, even if you don’t have a lot of money to send. That’s why it’s important to include them in your everyday life.

Stay in touch through text messages or set up a weekly Skype session. A phone call is always a great way to connect, as is posting or emailing pictures of your surroundings.

If all that high-tech stuff is too much for your parents, even a plain old letter will do. It’s even better if you can send a postcard or pictures right to their doorstep!

Your family is doing everything they can to support you while you’re away from home, and you should continue to support them while you’re away. With these tips, no matter how much money you have, you can take care of your family when you no longer live under the same roof.

Champagne Taste But Lager Money? Are We Living Beyond Our Means in the UK

Nowadays, the prices of house, car and many essential items have shot up enormously in the market of the UK. Thus, common people find it very tough to afford the high costs of these things, unless they borrow money from the banks or other financial institutions. These financial organizations offer lucratively low-interest rate for their loans granted in various fields, thus encouraging people even more for taking loans. Therefore, the whole of the UK is now reportedly full of borrowers, who have taken some kinds of loans from the financial companies.

Few important facts about the craze for taking loans 

  • As per the recent survey that was done across the country, every household in the UK now owes averagely more than £50,000 debt, including their home loans or mortgages.
  • The lure for a high-standard modern living has forced common people of mediocre income to fulfill their desires of buying expensive items by taking loans in large amounts. Thus, most of them go much beyond their affordability to keep up with the fast pace of modern times.
  • The expenses have risen to the sky-high limit in many normal households, compared to their limited income that has not increased at the same rate. Thus, it becomes difficult for the people to pay off their debt easily.
  • People are more inclined to seek loans through their credit cards and also may ask for unsecured loans, where no object is produced as a guarantee. As per the survey that was done in 2016, the approximate amount of net borrowing in the UK has risen to £34 billion, which is an alarming figure for any developed country.
  • The amount of personal debt has grown at so high speed all over the country that now the ratio of debt to income in a common household was averagely 133% in 2016.

Thus, now the government of the UK has taken some effective steps to eradicate this problem of heavy debt from the life of the common public. There are some measures taken for helping the debt-ridden families, who are struggling to meet all ends with the repayment of their debts. Some helpful services are offered for the families that have borrowed and spent beyond their actual means, which many people have readily accepted. Some government bodies are also spreading financial literacy among the public, where they are taught about all the features and dangers of taking too many loans for simply upgrading the lifestyle.

4 Tips For Making Money Off Your Blog From Day One

Starting a blog is something almost all of us have the capabilities to do, however, making money off it is an entirely different ball game. While most of us think revenue will come with time, ensuring profit from day one will give you a much better advantage moving forward with your business. And if you’ve been curious about how to make money from your blog, then there are a few things you should consider. Check them out below:

Create An Amazing Brand

If you’re going to be creating a blog, then one of the first things you need to focus on is the branding aspects. Not only will this be how people separate your blog from the competition, but what it stands for and why they should follow. After all, a big part about not only having a blog, but a brand is that it’s a symbol for a common belief or culture. And if you’re genuinely going to make money from your blog, this needs to be a top consideration.

To begin, ask yourself what type of personality that your brand would have, as well as what that represents. A big aspect of branding is that it’s just as much science as it is storytelling. While you can have a logo that people understand, a big part of that recognition is also repetition. For example, LucidPress explains that color increases brand recognition by 80 percent, which goes to show how much the little things can add up. Work with some logo creators online to see what identity you could build, since having a great brand means creating a great blog.

Have A Monetization Plan

Although it might sound obvious, a lot of bloggers make their monetization plan a “worry about later” problem. However, doing that not only limits the value opportunity from the start but potentially runs the risk of having it never becoming a part of the conversation, getting wrapped into strictly creating content. If you’ve never considered how to make money with your blog, it should become a top priority as you get more involved.

Get Social With It

As it goes with most bloggers, being active on social media is a top priority to ensure engagement. This not only means getting people to visit your blog but interact with you on social platforms, lending your voice consistently to a multitude of platforms. And although you’ve probably already been working on social, it’s also something that is going to need quite a bit of attention to if you want your blog to thrive.

To begin, start looking at where the different audiences for your website are as well as how you can reach them. For example, as noted by Pew Research, 73 percent of Twitter users also report using Instagram. Being able to hit find repetition can be a great way of doing outreach. Furthermore, a big part of social is starting a conversation with those that follow you, allowing them to shed insights on what’s going on as well as how they can learn more. Remember, as a blogger, your main goal should be to help spread information; if you’re able to capitalize on that with social media, it will be much more powerful in the long run.

Keep Consistent With The Visuals

Finally, even if you think it’s something that will require too much work, providing visuals for both your social and blog posts will increase engagement tenfold. In fact, according to Hubspot, 37 percent of marketers say visual content is one of the most important mediums for their business, which makes sense considering how much more people can digest and form a reaction to it. From there, your content has much spreadability; however, first, we need to talk about your strategy on how to get there.

A big part of producing visual content is either having the talent yourself or bringing on someone that does to both photography and design, as those two core elements can go a long way. Furthermore, having a consistent track record and aesthetic is also a crucial element to look for in your hiring process, especially if your identity is early on. Remember, while no one said your identity has to be perfect from day one, it’s also something that should be developed over time to ensure success.

What are you most excited about in launching your blog? Comment with your answers below!

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