By John Sage Melbourne
False impression no 3: Don’t market & you haven’t made a loss
Yet another misunderstanding is that you have not made a loss until you market your investment. Nothing could be better from the truth. If the value of an investment has dropped,be guaranteed that you have made a loss back then. Likewise,there is no assurance that having held onto an investment that has decreased in value,that the investment will certainly after that return up.
As a matter of fact the opposite is often the instance,the investment that has decreased in value is usually the investment that is probably to remain to decline in many instances,while the those financial investments that have been most resilient to a down turn in the market are the ones that are probably to rebound as well as do finest.
Comply With John Sage Melbourne for more skilled home investment guidance.
Investment experts trading on inadequate understanding as well as secret formulas
Perhaps among the best investment dangers of all is depending on secret “just how to formulas” as well as obtain rich schemes. These are seductive as they guarantee wide range,however in the back our mind we fear that there is some flaw with the scheme. The promoters inform us that this is simply our personal subconscious rejection of wide range which if we would only tip up,wide range is waiting for us.
The majority of these obtain rich secret formulas are flawed but for factors that are not evident to the Beginner.
As we look at each of the schemes,bare in mind that there are countless various of the adhering to as well as an endless variety of tags for the schemes,to make sure that a certain scheme might me provided in different terms or with a different sales pitch as well as affixed with different claims.
Likewise many of schemes are not simply promoted by the obtain rich secret formula master’s. They are additionally often suggested discreetly by property sales individuals,readily promoted by big as well as respectable property development business and additionally merely held as well as basic mistaken beliefs by the ordinary home Beginner.
Keep tuned for the following blog,where we discuss ‘obtain rich schemes’ in depth. For more information regarding developing your wide range mindset,see John Sage Melbourne right here.
When you have a plumbing emergency at your home,you need to quickly find a qualified,professional plumber to fix the problem. Here are several ways to find a plumber:
- Check with your family or friends for a referral.
- Ask a local real estate agent for a good plumber she has used.
- If you have used another contractor in your home,ask the contractor for a referral.
- Check with the local plumbing supply store for a recommendation for a reputable plumbing company.
- Go online and check the reviews of plumbers in your area. If you search for a plumber in your city on one of the popular search engines,such as Google or Yahoo,you will find the search engines “Local Listing” of plumbers geographically near you,links to their website,and customer reviews of their work.
After you find a plumber in your area,what do you look for before you hire them? Here is a checklist of items you need to ask a plumber…BEFOREyou hire them.
Are you licensed by the state to do plumbing?
Always check that you are working with a licensed plumber,ask to see his state license! Licensed plumbers have the work experience,training,and are familiar with current state and local plumbing codes. In addition to passing an exam to receive their license,they must take annual continuing education to keep abreast of changes to the codes,new products,and innovations in plumbing.
In Georgia,there are a lot of skills you need to succeed as a plumber. As a result,there are many steps an apprentice plumber needs to take to become aJourneymanorMaster Plumber. These steps and the rules for obtaining the designation of master plumber are set by the state. You must have 3-5 years of primary plumbing experience,references,and pass an exam to get a Journeyman or Master Plumbing license. For a Master Plumbers license part of your experience must include commercial or industrial plumbing. In addition,they should have additional certifications to test and certify backflow devices or work on septic systems.
How many years have you been in business?
A good rule of thumb is look for plumber’s that have been in business for 8-10 years. This gives you a gauge as to how viable and stable the business is and if they will be around to warrant the work they do on your home.
Are Service Technicians background checked?
Would you be comfortable having their Service Technicians working in your home? A plumber should conduct a complete background check and random drug testing on all employees. Further,professional Service Technicians working in your home should be uniformed and have name tags. These Service Technicians should be company employees and not sub-contractors.
What are your skills and experience in plumbing?
Plumbing demands specific technical skills and knowledge. Plumbing companies use specific tools not available to a homeowner or a local plumbing handyman. The benefit of dealing with an experienced,qualified plumbing company is… they are equipped with all the necessary training,skills,plumbing tools,and experience to handle all sorts of plumbing emergencies in your home.
Does your plumbing company have insurance?
A plumbing company performing service in your home should haveGeneral Liability Insuranceand a currentWorkman’s Compensationinsurance certificate. Upon request,the plumber should be able to provide you with a copy of his insurance.
General liability insurance covers damage that might occur to your home directly caused by the plumber. If the plumber does not have his own general liability policy,any damages would be covered by your homeowners insurance. Typically the plumber should carry a minimum of $500,000.00 in general liability insurance,but it is not uncommon for plumbers who do commercial plumbing to carry $3,000,000.00 in coverage.
Workman’s compensation insurance covers an injury to the plumber while he is working in your home. So as a customer you do not need to worry about being responsible for a plumber having an accident while working in your home.
Do you offer Emergency Service after hours?
A plumbing company that advertises that they have “24/7” plumbing service should have a customer service person ready to take your call after hours. Further,the plumber should have on-call or after hours plumbers available to repair your plumbing emergency.
Does the plumber use Quality Materials?
Does the plumber install quality,recognizable,brand name fixtures and materials that offer manufacturer’ warranties to the consumer? What brands does he stock and carry on their service trucks?The manufacturers of plumbing parts,fixtures,and appliances typically offer a limited replacement warranty on their products.
Will my work require a permit from the city or county where I live?
Typically,you must be a licensed Master Plumber to secure a plumbing permit. The city or county will inspect the plumbing at various times during the installation to insure that the project is done to the local and state plumbing codes. An unlicensed plumber is unable to pull the necessary permits when work is being done,and they probably arenotadequately trained in current plumbing code requirements.
What are your plumbing rates?
Service Plumbers charge for their work one of two ways,Time & Materials PricingorFlat Rate Pricing. Let me explain the difference,this is very important.
With the Time & Materials method; the plumber charges a small “Service Fee” to mobilize to the job,an hourly rate while he is on the job,and whatever materials were used to repair the plumbing. Usually there is a one hour minimum labor charge and then you are charged by the quarter hour. With this method you only pay for the actual time it takes and materials used on the job… no more,no less.
A plumber using Flat Rate Pricing will charge a “Diagnostic Fee” to determine your plumbing problem and then will give you a flat rate quote to fix the problem. You know up front what it will cost for your repair. If you do not want to proceed with the repair,you are only obligated for the Diagnostic Fee.
With Flat Rate pricing it is difficult to know how much the plumber is charging you per hour. I can tell you that the flat rate price you are given is based upon the worst case scenario for the plumbing company… what is the most time it would take for a slow plumber to fix the problem. But,after the customer has taken off work,waits for the plumber to show up,and is already committed to the diagnostic fee,he is hit with a whopper cost to repair a small plumbing problem.
While the Flat Rate pricing method looks attractive,in most cases an experienced licensed plumber can fix your plumbing emergency on a Time & Material basis for less money. In addition,with Flat Rate pricing most Service Technicians are paid commission on the price of the ticket. Typically,the technicians have been trained by professionals to sell and close an expensive sale. This can lead to abuse as the technician in your home becomes more of a salesman instead of a plumber.
Do you guarantee or warrant your work?
A professional plumbing company is concerned with the safety and quality of their work. They should offer the homeowner a workmanship warranty and safety guarantee on their work.
Can you provide me with referrals from customers you have done work for?
A reputable plumbing company will have no problem giving references from their customers,business banker,or plumbing supply house. Also,ask them if they are a member of any state or national plumbing associations,local chamber of commerce,or have received any awards or recognitions in the community.
There’s nothing more frustrating than discovering – usually in the midst of showering – that the water heater is no longer working. Sometimes it is discovered when you turn on the faucet and only get cold water and other times it can be discovered because of an unpleasant smell. Either way,dealing with a lack of hot water is not much fun!
But even more discouraging than the lack of hot water,is knowing that replacing the water heater is likely to be costly – whether it is the entire tank,or just having repair work done. Consequently,it is important to know some basic steps to take to keep water heat repairs at a minimum. Let’s get started:
Preventing Water Heater Repairs
- Be sure that your water heater’s temperature is not set any higher than 120 degrees Fahrenheit. Not only will having it higher mean that your utility bill will be more expensive,but making it worker harder means that there is more wear and tear on the various parts.
- At least twice a year,check the pressure relief valve to make sure it is not corroded. Catching leaks or corrosion early means less chance of future problems.
- Schedule a maintenance visit with a plumber at least once a year to make sure all the parts and pieces are working properly
- Check to see that there is plenty of ventilation – especially if you have a gas heater! If the vents are not properly working your home can be invaded by toxic fumes.
- Twice a year,take time to drain the water heater to remove any sediment. If sediment is allowed to build up it can result in an assortment of problems. You can drain the tank by first placing a 5-gallon bucket below the drain valve,then turning the valve counter-clockwise to release a few gallons of water into the bucket. Then close the valve and proceed as usual.
- Test the temperature and pressure valve by lifting up the lever part way and then letting it snap back into place. You should hear a gurgling sound that indicates that there was some water released into the drain pan. If you don’t hear anything,then it is time to replace the valve.
- If you have a gas water heater,make time at least once a quarter to ensure the pilot light is lit,and to remove any soot build up.
These tips are only of use if you apply them So,don ‘t wait until the current water heater needs to be repaired to implement them – start today to get the longest lifespan possible from your home water heater. Still have questions,talk to a local plumber today.