Showing posts with label Lowest. Show all posts
Showing posts with label Lowest. Show all posts

Tuesday, June 12, 2012

Estimating a Paint Job - Square Foot Price

The square foot method of estimating a paint job is probably the dumbest way to estimate a paint job. Sorry, I am wrong; it is the second dumbest job. It just seems like the dumbest method. The winner of the dumbest job goes to the W.A.G. (wild-ass guess) Method of Estimating a Paint Job. Out of the basic three methods of how to estimate a paint job, the W.A.G. Method of Estimating a Paint Job, is the creation of the magician of the paint estimators. This painting contractor can look at a ,000 paint job and in 5 seconds give a very inaccurate price on painting the interior of a house. This magician love to bask in the glory when homeowners the world over tell this paint estimator that he is simply fabulous. Anyway, the W.A.G. method isn't even worth spit.

The Square Foot Method warrants acknowledgment, if for no other reason than to point out that although a great many painters subscribe to this method, it really is quite a stupid way to arrive at a price for a paint job. Why is a this lame way to estimate? The question is how can anyone estimate a price of a paint job by the square footage of a floor? A couple of simple examples will shine some light on the darkness of this method.

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Let's take two interior paint jobs; the first one is a family room 200 square feet built in the 1950's so it has an eight foot high ceiling. The doors are the style that was popular in residential construction back then, flush doors. The windows are also a style that was popular back then, standard size but four divided windows commonly called two over two, or 2/2. All the molding is of the style popular in the 1950's also, a pattern called ranch or clamshell molding, a simple smooth slightly curved molding. The molding consists of baseboard, door trim and window trim. There are two flush doors and four windows in this room.

Estimating a Paint Job - Square Foot Price

The second room was built in the 1980's, also 200 square feet. This room has an eighteen foot high ceiling. The doors are reflective of the decade that his room was built in, three panel doors, and six wooden French Doors; the four windows are a true twelve individual pane widow commonly called a six over six or 6/6. This room has a very deep profile colonial trim. The molding is baseboard, chair rail, crown molding, door trim and window trim. Don't forget this room has six doors and four windows.

If someone estimates these rooms using the square foot method, they will arrive at the same price because both rooms have exactly the same square footage of floor. But you will see that the latter room has more than double the square footage of wall, and that both the ceiling and the extra square footage of wall are at twice the height of the first room, entailing much longer times to paint these areas. Also the time to paint a French Door is double the time to paint a flush door, and the second room has six doors while the first has two. The windows on the second job being 6/6 vs. 2/2 also take twice as long to paint. The second room has three times the molding as the first room and the crown molding is eighteen feet off the ground, meaning two times as long to paint than molding at arm's length.

Obviously, estimating a room by the square footage of floor is a very inaccurate method of estimating an interior paint job.

Estimating a Paint Job - Square Foot Price

http://www.paintersguidebook.com/Book.html

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Sunday, June 10, 2012

Social Network Benefits

Social Networking of course is in its infancy, at least to web site traffic generators, so what are the so far under-penetrated benefits of social networking?

Lower Costs

Social Network

It is significantly cheaper to employ online social networking strategies than to pay for advertising. When you social network, you can prescreen potential customers. You learn what your prospects like and what they don't. That personal relationship you gain when you connect with your potential customer is more valuable than what you would get had you advertised. Advertising is impersonal: the "one size fits all" concept does not seem to work anymore.

Social Network Benefits

Credibility and Trust

Connecting with prospects on a personal level builds trust and credibility. A general rule of thumb is to offer your services, expertise or help before you ask for it. It is acceptable to promote your services when asked. If you're not careful, your attempts could be considered spam. Instead, wait for the opportunities to present themselves instead of forcing a situation.

It's Who You Know

When you socialize, you meet others who know others. How are you going to meet the president of a large corporation? You start by talking to his friends. You ask your associates if they know someone who is connected with him And on and on.

Social networking relationships are supposed to benefit both parties. Never take more than you give. When the opportunity presents itself, don't be afraid to ask your contact to introduce you to a prospect. The old saying rings true: it's not what you know; it's who you know.

There are many reasons to employ social networking as a marketing tactic. Ensure that you have extra time to spend. While it's true that the upfront costs are less, this method takes up a lot of time in research and building relationships.

Social Network Benefits

By the way, do you want to learn more about using articles like this to drive traffic to your website and increase online conversions?

If so, I suggest you check this out: article marketing traffic.

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Tuesday, June 5, 2012

Short Sales - Influencing The Brokers Price Opinion (BPO)

When you do a short sale, the lender most likely will order a BPO.
BPO stands for Brokers Price Opinion and is a process by which a realtor
appointed by the lender, comes out to evaluate the property and give his "opinion"
on what the value of the property is. So the lender sends a realtor out to the
property and it's your job to influence the BPO to come down as low as you can.
This is the whole key to a successful short sale. This is why you want the lender to
contact you, so you can meet the realtor at the front door and influence their
BPO to come in as low as possible. To build your case, the first thing you
should do is show up with a list of repairs and estimates for the property. If you
have to go get a contractor to bid a job or repair, go get one. The higher the quote,
the better. This is good evidence. The second thing you should do is show up with
a list of comps in the area that are low. Most real estate agents appreciate you
doing some of their work for them. Provide them with the lowest comps you can
find and they will decide if they want to use them or not.

When you meet the realtor on the property steps, just tell him you are the buyer and
doing a short sale on the house. Then you will proceed to walk the realtor
through the property. When you are walking through the property make sure you
point any and every repair or problem with the property. Again, you are trying to
make the value of the home come in as low as possible. If you are dealing with a
nice house with minor cosmetics, you may really have to search for problems.

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Then call him the next morning to see if he was able to get the price you wanted. Sometimes they will tell you sometimes they won't. Just ask to find out. If they won't tell you, call the bank. Many times they will tell you. You really have no control over this process. You can encourage the BPO to come in low, but this does not always mean they will come in low.

Short Sales - Influencing The Brokers Price Opinion (BPO)

If there is someone living in the property, you may want to ask them to leave when
the realtor comes out to do a BPO. If they can't, just tell them to stay out
of the way. Explain to them you will be trying to make the house value look as low
as possible. They may not understand why, just tell them it is the only way to save
their house. Also, tell them not to worry about cleaning up at all, leave it the way it
is. This is the one time your house can be a mess. You need to make the value of
the property look as low as possible.

If the loan on the property is FHA or VA, they will not take less than 82% of the BPO.
Usually you can expect the BPO to be in the range of 80-90% of the
repaired value. So if you have a house that is worth 0,000 after repairs, the BPO
you would guess to be about ,000 to 8,000. Then multiply that amount by
82% and this should give you a good estimate of what to offer. If it is not a VA/FHA
loan, then you can offer whatever you want. It is a good idea to start low, just in
case your BPO comes back lower than you thought, you can always raise the offer. It
is an educated guess to find out what the BPO will be. If it comes back
high not in your favor, sometimes you can call the loss mitigation department and
tell them the BPO is way to high. Many times they will work with you and
order another BPO. Whatever you do, don't ever give up. If they don't accept it,
negotiate with them some more. Ask them what they are looking for, or what they
are trying to get. Sometimes they will tell you, sometimes they won't. Be
persistence. Be patient. Ask, ask, ask. Part of being successful in this business is
how you negotiate. You don't ever want to be rude to them, but let them know
where you stand. Make them aware of what's happening to the property.

Short Sales - Influencing The Brokers Price Opinion (BPO)

Jarad Severe is a leading authority and expert in Foreclosures. He is President and CEO of Foreclosure University. Jarad can be reached by email at: support@foreclosureshortsales.com or you can visit his website at: http://www.foreclosureshortsales.com to receive more information on foreclosures, short sales and more. Free audio on the 7 deadly mistakes short sale investors make.

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Tuesday, May 29, 2012

Conversion Vans Vs Mini Motorhome (Class B RV)

Conversion Vans vs. Mini Motorhome (Class B RV)
How many people know the difference between a Conversion Van, Camper Van, or Mini-Motorhome? Knowing the differences can help an individual make "Good Purchase Decisions". The right Van can be your daily transportation or RV. The differences become important for simple reasons like:How much will it cost me to insure my vehicle?

How do I determine a fair "Blue Book" price to buy or sell? Does my neighborhood association allow me to park my Van at Home? Safety: Is my Vehicle Crash Tested by a Government Agency? Who will service my Van when I need repairs or maintenance?

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Conversion Vans are not Motorhomes, but they can offer many of the features of a Motorhome. So let us clear up the differences!

Conversion Vans Vs Mini Motorhome (Class B RV)

Keep in mind there is room to stretch from one class of vehicle to another; and there is no defacto industry definition; just guidelines. Search the listings at RVTRADER.com and you'll find many Class C's mixed into the Class B listings not to mention the Class B's in the Bus Conversions. You'll even find ordinary Conversion Vans in the mix. It seems people really don't know what they have! Confusing isn't it? We love vans and own several different types and is how we at Conversion-Vans.NET define the Vehicle Classes.

Cargo Van - A Cargo van is a vehicle provided direct from the Manufacture with no rear seats, carpeting, or windows. These vans can be "Up fitted or Converted" to meet the needs of a variety of purposes. Camper Van - This is the simple conversion of a stock cargo van to add features helpful for "camping". So a Camper Van is any van that has been converted for the purpose of camping - simple enough! Yes and No. There is no such thing as a commercial "Camper Van" - unless you get outside of the USA where the nomenclature changes. Camper Vans are typically "Homemade" modifications. A Class B Motorhome can be Called a Camper Van if you please, but you can not call a Camper Van a Class B Motorhome unless it has some very specific features! (See next) Class B Motorhome (Class B RV) - Any full fledged Motorhome built on a Cargo Van Chassis by a licensed up fitter. The van may have the top removed or the sides widened, but it is still essentially a van in size and shape. Additionally in order to qualify as a Class B Motorhome the van must have built-in sleeping, eating, and bathroom facilities (Including properly mounting fresh and grey water holding tanks). If the frame of the van has been cut down clear to the floor level (they come direct from Ford, Chevy, and Dodge this way - just a frame and a cab) and built up completely from the floor it's a Class "C" not a Class "B". Conversion Van (aka Luxury Van, Custom Van) - Any van that has been customized for comfort can be considered a conversion van. These are really luxury vehicles used to transport 6-10 people in comfort. Conversion vans can have some of the features of a "Camper Van" or even a "Class B Motorhome", but are typically more upscale and designed for daytime use and luxury transportation. These vans may have a raised roof, fancy paintjob, Custom Wheels, Leather Seats, 4 Captains chairs, dual stereo, TV/VCR Combos etc. Mini C's & B+'s - These are really Class "C" Motorhomes masquerading as Class B Motorhomes. They feature sleek aerodynamic body styles - often made of a single fiberglass shell. The Chinook line of Motorhomes by TrailWagons, Inc. is probably the best example. These are also sometimes referred to as B+ Vans. They are in fact built from the same chassis as a Class C, but are made more to look like a Call B. Confusing? Ultimately it doesn't matter, as long as you find what you want.

So there you have it! The Van is an incredibly versatile mode of transportation that can be "converted" to suit the needs of a variety of individuals and purposes. Vans offer large storage capacity for hauling cargo to completely self contained luxury travel. So don't just rush out and get a giant RV until you have considered a Conversion Van or Class B RV.

Conversion Vans Vs Mini Motorhome (Class B RV)

Michael is a Van Owner and Enthusiast having owned Vans from Ford, Chysler, and Chevrolet. Michael enjoys weekend travel, camping, adventure, and being comfortable with family and friends. Vans allow him to really pursue his quest for life at an affordable cost. http://www.conversion-vans.net

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