Saving, investing and making money with technology

Month: June 2019

3 Upgrades That Will Make Your Rental Apartment Worth More

If you’re investing in real estate, it’s wise to do everything in your power to ensure that the property you’re renting out will give you the best return on your investment. With apartment rentals, this usually means doing a few upgrades that can make the unit more appealing. However, there’s a fine line between doing upgrades for investment purposes and over-investing in the property.

To help you in walking this line, here are three upgrades that will make your rental apartment worth more.

Give The Place A New Coat Of Paint

While it might seem like something too easy to even bother doing, adding a fresh coat of paint to your rental property can be a great way to make things like brand new. And, if you do it right, you can get some great quality paint without too much of a financial or time investment.

According to Jimmy Moncrief, a contributor to Landlordology.com, this upgrade will be most cost effective for you if you’re able to get a discount on a bulk order of paint. By doing this, you’ll be able to paint however many units you have and all the rooms within them in the same color. One of the benefits of this is that, if and when the time comes that a room or entire unit needs a touch-up, you’ll have the exact paint on hand to make those quick fixes.

Increase Energy Efficiency

Another way you can make your rental apartment more valuable and worth more to your current and future tenants is to make upgrades that will result in your units getting more energy efficient.

There are countless ways that you can make a space more energy efficient. According to Erin Eberlin, a contributor to The Balance Small Business, one of the best things you can do is to add windows where possible and replace any windows that aren’t energy efficient. By doing this, you’ll create more natural light that will help to heat the unit. And by putting in double pane windows, there will be more insulation during all seasons of the year.

Replace Hardware and Fixtures

To increase the elegance of your rental apartment, an easy and inexpensive option is to replace some of the hardware and fixtures throughout the unit. These small changes can really make a big difference in the space.

According to Kirstin Wong, a contributor to The New York Times, some of the best replacements to make include switching out cabinet handles, upgrading light fixtures, putting in a new faucet, and replacing light switch plates. These new details can make your unit look much more sophisticated.

If you’re wanting to make some small but impactful upgrades to your rental apartment, consider using the tips mentioned above to find the projects that will give you the best return on your investment.

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Investment Strategies for High-Demand Services

Going into business in a high demand industry is a double-edged sword. Because so many people need what you do, there is an understanding that there will always be work. However, since it’s not a secret that there is always going to be a work, that means lots of different businesses are going to be vying for the same clients and customers. So even though you have a large potential group of people who will utilize your services, you have to make sure that something about your business model brings them to you instead of your closest competitors.

One way to solve this riddle is by choosing appropriate investment strategies to give yourself that advantage. A few examples of these investment strategies will illustrate this point. No matter what your industry is, you need to be able to leverage social media to your advantage. Invest in learning social media and invest in promoting and advertising through social media channels.

Next up as an investment strategy is to put money into the curb appeal of your building. Even if appearance has nothing to do with your actual product or service, it is a competitive advantage to have a more aesthetic layout to your business operations. Lastly, if you have a digital footprint, you might as well invest in it being good. And to do this, you have to learn how to optimize your blog space.

Social Media

Using social media for your business may be very foreign to you. Especially if you learned how to run and manage your company a decade or so ago, trying to figure out how to put it within the realm of the social media infrastructure that people are used to now can be quite exhausting. However, once you understand the basics of each platform, you should be able to develop a consistent plan for getting your message out there. If you are at a loss of how to start, simply look at what your competitors are doing.

Curb Appeal

As far as investments go, you can’t go too far wrong by putting money into curb appeal. Especially if your building is somewhere that has high visibility, one of the great ways to attract new clients and customers is to have a welcoming-looking entryway. Make sure your landscaping gets done. Make sure your parking lot is clean and well-maintained. Ensure that the exterior of your building always looks as good as possible, and that will give people a reason to come and check you out even if they aren’t sure that you have the type of product or service that they want.

Optimized Blogs

If you have content online, you might as well optimize it for search engines. Again, if this is unfamiliar territory to you, you should spend some time researching how to do search engine optimization, and what kinds of results you can expect from what types of effort.

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Signs that Indicate Need for Web Hosting Upgrade

when to Upgrade Hosting Plan

Shared hosting is the commonest type of web hosting among start-ups. One of the major reasons why a majority of start-ups opt for it is to save money.

On the other hand, a dedicated or a VPS server has its own sets of benefits too. What should you do if you have a business website which is hosted on a shared server? Should you upgrade its hosting to a dedicated server?

Before heading further do consider BigRock hosting coupon to check web hosting plans along with Windows hosting and WordPress hosting at plans starting just at Rs 99 along with SSL Certificates.

Here is a list of indicators that will tell you when you should upgrade to a dedicated server.

1. Slow speed at the time of peak usage

Business websites ought to remain functional all the time. Sometimes a website may be down for maintenance. But this happens on a one-odd occasion.

Visitors to a website always expect it to remain operational all the time. Businesses also try to do the same. Due to the high demand during peak hours, there can be slowness in the loading of a website.

In today’s world, one thing people hate to do the most is to waste time. If a website takes seconds to load, most visitors may still hold on to their patience level. However, they are more likely to run away and go to a competitor’s website if a business website takes a long time to load.

If your website has started showing signs of slowing down abruptly, it may be an indicator that you need to upgrade the hosting plan for your business website. Rather than relying on a shared server, it is imperative that you consider getting a VPS or dedicated server for hosting your website.

2. An unexplained or abrupt spike in traffic

You put in all your SEO efforts to see a surge in the number of visitors. So, there is a good reason to celebrate if it comes your way all of a sudden. But this blessing can turn out to be a curse if your website is not equipped to handle the sudden rise in the number of visitors.

It is a good idea to get a VPS hosting for your website. Shared hosting is for websites that show up less than 10,000 visitors every day. If you are getting anything more than this number of visitors on your website, you should consider making a change in your hosting plan.

Good bandwidth will improve the experience of the visitors to your website. This will, in turn, encourage them to keep coming back to your website.

3. Custom needs

The scope of customization or modifying the set up of a shared hosting server is pretty slim. In fact, there is hardly room for a change. A shared server goes by what works well for a majority of websites that host it.

If you have a website with a different set of requirements, it is not feasible to use a shared server. Instead, it would be a good idea to go for a dedicated server. Remember that change is the name of the game for businesses to survive in the competition in the industry.

A business needs to keep evolving. The same holds true for business websites. This is the only way to stay relevant in today’s world. If you believe in this logical principle, consider upgrading to a dedicated server from a shared server.

4. Limited security features

Shared servers for hosting may save you money in terms of maintenance but it has one of the serious downsides that can challenge the very foundation of your online business. It possesses various security risk due to a shared environment of websites.

While there is no denying the fact that security technologies have improved a lot, cybercriminals have also become smarter. They are always in search of an opportunity to get into a website via cyber attacks.

You are more likely to realize the importance of securing your website with an increase in business activities via your website. An increase in business activities means a rise in the number of visitors and a corresponding rise in the number of transactions. Keeping this in mind, you may want to do everything to ensure that the data of your customers remains secure and does not get stolen.

A dedicated server, with its own security setup, can prevent the chances of a website getting hacked to a large extent. Furthermore, you also get the choice of adding the security features of your choice such as anti-malware, anti-virus, and firewall to boost the security of your website.

If you see one or more of these signs on your business website, think about upgrading your hosting plan. Of course, the cost will be a factor but you can manage it by using special offerings such as BigRock offers and promo codes for world class service at affordable pricing.

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