Making Wise Financial Decisions in Life

There are times when we tend to wonder, “Am I doing the right thing?” This question usually comes up when making big financial decisions, as they can either make or break your future, and you would not want to invest in something that would be a lost cause. These financial decisions can be anything starting from buying a new house or investing in education. No matter the choices you make, you will think about it time and again, in order to ensure that you’re not making a decision you will regret. There are some choices, however, that will be profitable, such as buying a modular house and studying in a field of medicine. Hopeful Hospitalist will have a list of healthcare career options that you can search up if you’re interested.

Making Wise Financial Decisions in Life

Buying homes

You might want to consider buying a modular home instead of a traditional home, as it has many advantages that traditional homes don’t. Many fear that modular homes may not be as half as strong as traditional homes are, but that isn’t true. Many people think this way because of the fact that traditional homes are built in the open air, right on top of the property, whereas modular homes are built in controlled environments.

That does not make it inferior to traditional homes in any way. In fact, modular homes are actually better than traditional homes in many ways. For one, they are more affordable, and that is mainly because of the shorter time required to build them. Additionally, they are also energy efficient and that will surely decrease your monthly expenses.

On top of that, they’re environmentally friendly as well, and there are more varieties to modular homes than you thought were possible. And also, if you think that you will not be able to expand your modular home, then you’re wrong. It is no different from a traditional home in this case, and you can always make expansions whenever you want. If you want to learn more about modular homes, click http://freshome.com/2013/03/27/10-basic-facts-about-modular-homes/

Working in the healthcare field

The choices of career options that you have in the healthcare field are vast and you don’t necessarily need to be a doctor of some kind to work in it. This is an excellent opportunity for those that want to become doctors but are scared to take the first step. You can work at a lower tier for a while before deciding to invest hundreds and thousands of dollars in a field of educations that you’re not even interested in.

Investing a small sum of money in order to test the waters will be a good idea for you to gain field experience and to get an in-depth knowledge of the workings of the field of medicine. There are many things that you can opt to be, such as a Dialysis technician, a Phlebotomy technician, a certified nursing assistant, an ultrasound technician, a Pharmacy technician, a X-ray technician, a medical assistant, a physician’s assistant, and a lot more!

5 Reasons to Go Modular

There are traditional perceptions that modular homes are low quality and not architecturally sound – made with poor materials and designed with only a few functionalities that a family can truly enjoy. In fact, when you say modular, people will often think about “mobile homes”. But those are misconceptions. The truth is modular and mobile homes are not the same. While they are both built in a factory-like setting, modular homes are much more carefully built and they are required to meet home construction standard for them to be assembled and placed permanently in the desired location. The following are some more other advantages of modular homes:

  1. Affordable.

If you’re low on budget, modular homes can be a great alternative as their cost is much cheaper compared to building a traditional home. Depending on the size and features of the house, you can save as much as 10-30 percent of building cost when you choose modular.

  1. Quick construction.

Modular homes are also much quicker to construct than standard homes, since they are built in a controlled environment that is not impacted by bad weather and other factors that may delay the construction. The fast construction not only saves you building cost, but also allows you to move into your new home much faster and enjoy your family bonding sooner while you cook for dinner or watch Dallas Cowboys live stream online .

  1. Design options.

Contrary to popular belief, you have the option to customize your modular home according to your personal taste and preference. You can add porches, garage, beautiful garden, lawn, a second floor, and other functions that you want your home to have. In fact, you can even choose what type of material you want to use for the construction of your modular, such as hardwood floors, brick walls, aluminum ceilings, and granite countertops – it’s your choice.

  1. Durable.

Again, contrary to popular belief, modular homes are built with quality and durability. They are constructed following the standards set by housing authorities, which makes them extremely strong. And since they are assembled in factory settings, where the materials are kept in controlled environment, they eliminate the risk of mold, rust, dust, mildew, and sun damage. Traditional-built homes are often exposed to these kinds of threats.

  1. Environmental-friendly.

Modular homes are also environmental-friendly. They don’t produce much waste as they don’t require a lot of material for them to be constructed. And since they are built in a factory setting, the waste is much more properly handled. Most modular homes are also constructed with reusable materials. This means that in case you decided to move in a different community, you can take your home down and reuse the materials to permanent assemble it in the new site.

5 Reasons to Go Modular

If you’re looking for an alternative yet great home to live in, then a modular home is definitely a perfect choice. Most modular home companies are now using advanced technology in order to make these types of homes more durable, stylish, and cost-effective, and to meet each and every homeowner’s need.

Tax Refunds and Tax Credits on Modular Homes

Buying a new house or a property is expensive, and you want to do as much as you possibly can to ensure that you can scrape up some money to invest in your new home. Even if you decide to buy a modular home, which is cheaper than a normal home, your expenses are still going to skyrocket , but there are ways in which you can reduce those costs, even if it’s a little. You can get both tax credits and tax refund for many aspects of your modular home, so keep reading to find out more.

Tax Refunds and Tax Credits on Modular Homes

Tax refunds

There are many aspects of modular homes that can easily be tax refundable, such as the property taxes, which are entirely tax-deductible. And that’s not all, for those that had to take a mortgage loan in order to build the modular home, they will have to pay the interest per month along with the loan’s principle. Now here’s the fun part, if the total loan equals to less than $1 million, then it is entirely tax deductible.

That has to be one of the best parts about owning a modular home. Additionally, for those that took a mortgage that amounts to over $1 million, then the interest that is to be paid on the first $1 million is the only thing that is deductible. That said, it is still a win-win situation for many, as they’re still able to save quite a lot of money in interest.

On top of that, if you have taken a construction loan for your modular home, you will also be able to refund the interest of that loan, but only if the construction duration is less than 24 months.

Tax Credits

You will be able to get tax credits if you decide to use renewable energy to operate the electricity and water of your new home. If you use solar panels, for instance, as much as 30% of the entire system’s cost can be written off, but that will only happen if the construction of the system reaches completion before the 1 st of January, 2017. The same rules apply for the solar water heaters.

However, in order to qualify for the tax credits for solar energy systems, the sun must produce at least half of the energy used at your house. As for residential wind turbines, as long as they produce no more than 100 kilowatts of energy, they can also be written off at 30%. Geothermal heat pumps are no different either, and can get you 30% off for the total installation and system cost. These systems can be quite expensive, which is why this is great. However, you must use a pump that is approved by Energy Star in order to qualify for the tax credit.

You can also get a full 100% written off on your tax credits for moving your furniture a long distance, but your new home needs to be at a distance of at most 50 miles to your work place. For more details on tax refunds and credits, check out http://modularhomeowners.com/modular-home-tax-credits-you-cant-afford-to-miss/

3 Things You Should Know About Modular Homes

If you’re looking for a house or planning to move in a new home, chances are you’ve already heard about modular homes . Also sometimes known as prefab, this type of house is the one that is assembled indoors – in a factory-like setting – so it can be protected from adverse weather conditions. Then once built, the modular home will be transported to your home site, where it is installed on permanent foundations. Modular homes offer a lot of benefits, but do take note that this type of home is not for everyone. If you’re considering a modular home, here are three things that you should know first:

They are faster to build than regular homes.

Unlike regular homes or on-site buildings, which can take months or even years to complete, modular homes reduce the construction time by more than 35 percent. Depending on the complexity of your home, it can only take about three to four months to construct your modular home and have it installed in your home site permanently. In fact, there are some modular homes that only take a week or two to assemble. The reason why they are much faster to construct is because these houses are constructed in a factory-like setting, where weather won’t delay the process. And of course, the quicker your home is built, the more affordable it becomes and the sooner you can enjoy it.

You’ll pay more than the base price.

Modular homes are definitely more affordable compared to standard site-built homes, but there’s something about the cost that you should know. When you ask about the price of modular homes, most companies will tell you that they can build you a home for as low as $35 per square foot, which can save you 40-60 percent if you choose it over a regular house. But there are half-truths in that claim. When a company gives you a quote, for instance, a $35 cost per square foot, that company might just giving you the base price of the house. The base price of a modular home typically only includes the construction, transportation, and installation of the module. You’ll need to pay extra if you plan to install hardwood floors, a garden, and/or utility systems. Discuss the price carefully, so you’ll know what to expect when considering this type of property. And if in case you find it hard to manage your finances, consider hiring an accountant or bookkeeper Melbourne , to keep your finances in order.

Modular

You’ll need to have more patience when you plan to resell it.

Despite the increasing popularity of modular homes, lots of people are still afraid to buy such type of property. When people hear about modular homes, many people think about “mobile”, which is something that is not placed in a permanent location. And since they are built in a factory, they think that modular homes are not as sturdy as regular dwellings, and they can’t be remodeled the way they want. If you think about buying a modular home and consider reselling it after a few years, you should have a great patience to explain to your buyers about the benefits of having such type of property.

SMSF Investments in Modular Homes  

 

For those seeking for more control over their superannuation funds, SMSF is the solution for them, as it allows one to invest their funds however they wish to, and this ensures that they have enough funds saved up for their retirement. Not only will this ensure a safe and secure future for them in the future, but this also gives them the freedom over their funds just as they wished for it. And since they can invest wherever they wish to, they can choose to spend their self-managed superannuation funds on modular homes, which are currently a popular choice for investment.

Modular homes vs. regular homes

Unlike a regular home, which is built by a group of construction workers who spend weeks and months toiling over a blueprint until the house is complete, a modular home is built at a factory, or rather, the majority of its construction is completed at the factory. The only real task that is completed on site in case of a modular home, is the assembly.

Many people consider modular homes to be weak in comparison to regular homes, which are built to be sturdy, despite the fact that they are time consuming to make. It is because of this misconception that many people decide not to buy modular homes, which is what causes its price to go down. This is exactly the opportunity that you as an SMSF holder should take advantage of. There are vast opportunities in this field, and since it is still fairly new, you should take advantage of it.

SMSF Investments

Why you should invest in modular homes

Not only would investing in these homes be quick, but they would also bring in quick profits. These homes can take as less as a month to be fully built, and since the construction costs are much more affordable than the costs of a regular home, you can easily increase the price of your house to cost much more than it cost you to build it. As you can see, investing your SMSF in this will be quite profitable for you in the long run, as it is sure to bring in a lot of profits over time.

In addition to the house, the location also matters. Ensure that it is built in a desirable location, and that would easily increase the prices a lot more. You can either choose to rent it or sell it off. No matter what you choose, though, you will be sure to make a profit, as modular homes, just like regular houses, tend to increase in value over time. It is a common myth that their prices depreciate over time, because they’re no different than regular homes.

The most important thing is the maintenance and the location of the houses, which, just like regular homes, will affect the price of the modular home. Modular homes are smart investments, and they are also considered to be an investor’s dream come true. For more information on why you should invest in modular homes, visit http://plantingmoneyseeds.com/modular-homes-investors-dream-come-true/

How to Start Your Own Modular Home Business

Modular Home Business   With more and more people looking for affordable and quick-to-build homes, the modular home or prefabricated business has become a fast growing industry. Modular homes look like any other homes; however, they are constructed in a different approach. Unlike regular homes which are built directly on the home site, modular homes are constructed in a factory-like setting, then relocated at the desired location. If you’re looking for a cool and unique business that has a potential to provide you good income, then this business can be an attractive option. Here are the steps to help you get started:

Step 1: Create a business plan. Whatever kind of business you would want to build, it’s very important that you start with a business plan. This will give you a general idea of what your business truly is and prepare you on how you’re going to achieve its goals. Well, there’s no need for you to write a hundred-page document to have a high-quality business plan. According to Entrepreneur Magazine , a typical business plan runs 15-20 pages. But it can be any length; the most important thing is that your business plan includes every detail that is necessary to make your business work, such as the description of your business, your plans and goals, your marketing strategies, sources of raw materials, and financial information.

Step 2: Study your market and assess your competitors. Before you start gathering any raw materials, it’s crucial that you first study the market that you’re planning to pursue. Determine if there’s a sufficient demand for prefab homes in your area. If not, identify how you’re going to entice homeowners to get this type of house. It’s also an excellent idea to determine the competition in the market that you’re considering. If it’s too tough, you may want to try building your business in other area, where there is less competition, or start a completely different business instead.

Step 3: Find different sources for getting the materials you need. If you think that there’s a chance for you to succeed in the market, then start finding sources to get the materials and machines you need for your business. Talk to somebody who is already in the industry and ask for recommendations. You can also do online research to get more options. Before you make any commitment, though, research first about the reputation of the supplier you’re considering. It’s also great to check on different suppliers, so you can compare prices and quality of their products.

Step 4: Register you business. Just like in any other business, you can’t start your operation without proper license and permits. So gather all the necessary documents you need, such as clearance from port authorities, tax documents, and business permits.

Step 5: Hire your staff. Of course, for you to be able to construct a modular home, you need contractors, subcontractors and other staff. Hire the sufficient number of contractors you need. Since you’re just starting out, it’s fine to get a few contractors at first. But once your business thrives, you should consider hiring more staff to complete your projects easier and faster. You should also hire other workers, such as HR managers, billing staff, and customer service staff to help you run your business more efficiently. If you don’t have enough funds yet or you think it’s too much for you to handle everything, you can consider outsourcing some of the areas of your business, such as billing and payroll. But if you consider this, make sure that you hire the service of a trusted and qualified payroll outsourcing company.

What are modular homes

What are modular homes

Modular homes have somewhat of a bad rep, and having modular homes for sale isn’t considered to be as lucrative as having site-built real estate . However, many people fail to realize the advancements that modular building technology has seen in recent times.

Difference between modular and regular homes

We all know how regular homes are built: a crew of construction workers establishes a perimeter on a build-ready site where they will sometimes spend months until the home is complete. This method is time-consuming and expensive, but has also generally yielded sturdy and desirable homes.

However, building modular homes is done using a somewhat different approach. As opposed to a crew of construction workers following a blueprint on a site for one or several months, one could say that the majority of modular home construction is done in a factory. There is where the engineers create the vision of what the modular home will be like before its parts are constructed inside a factory setting.

Once this part is done, it’s often just a simple matter of assembling the modular home at the site where it’s meant to be erect. Unfortunately, this method lowers the price of many modular homes for sale over their counterparts built the old-fashioned way.

Why some people dislike modular homes

The reason why some – one could say many – people stay away from modular homes is somewhat obvious: they just don’t seem as durable as regular ones. There is something about the whole process of simply ‘gluing’ parts of a home together that makes the building in question seem like it is of a far lesser quality.

It’s this popular misconceptions that significantly reduces the market price of modular homes for sale. Those purchasing a home are usually looking to make a long-term investment, potentially one that will last for generations and even increase in value, and they rarely feel that modular homes are up to the same standards of quality as regular structures.

These people rarely take their time to study the specifics regarding modular construction, as much of the market status that modular structures have is in place due to lack of knowledge. In truth, modular homes can be every bit as durable and shelter-providing as regular ones, given the right company is assigned construction.learn more info from http://www.buildingonline.com/apps/news/article/13574

Furthermore, the materials used are also the very same used to construct regular homes – the construction is just done elsewhere. Among the many perks that modular technology offers – and one of the reasons why some people stay away from it – is the speed of construction on-site: whereas regular homes can take months to build, a modular home can be finished inside a week.

What are modular homes

If people dropped their superstitions and took the time to inform themselves on how exactly modular homes are built, these types of homes could definitely be accepted as one of the construction standards. As it is now, modular homes for sale mainly serve as a cheaper alternative to regular homes for those savvy enough to understand that there is little difference between the two.

Where to buy Modular homes in Canada

Modular homes

Canada might be one of the countries where modular homes are most popular. Therefore, buying quality modular homes Canada shouldn’t be too big of a problem with just a little bit of research. However, there are still a few things to look out for before deciding on a manufacturer. see it here!

Keeping your location in mind

While modular homes can be transported across a fairly large distance, it might be most prudent to have your home manufactured as close to you as possible. This will reduce the chance that parts of your modular home will be damaged during the transportation, which could increase the time until your home is built. Also, some types of damage aren’t visible until much later on, when the home is already built, meaning that those in charge of delivery might not notice it.

For example, if you are located in Alberta, you might not want to hire a modular homes BC company to construct your home as there might be a considerable distance to cross before the parts of the home can reach their destination. Instead, you should try to find a suitable modular homes Calgary manufacturer, or one from nearby cities, as the journey of your module home will be much lesser.visit https://www.bostonglobe.com/opinion/2015/04/21/dante-ramos-copley-tower-dispute-shows-how-not-get-more-housing-built/EjC4jFcnCtmbBdx61PPmqO/story.html today!

Most top companies offer quality module homes
Having to pick a closer company doesn’t mean that you will have to make compromises in terms of quality. Hart Modular Homes, Countryside Manufactured Homes and Brookswood Homes are all examples of top-notch modular homes BC manufacturers. For those in, say, Alberta, Willow Creek Homes and Jandal Homes are some of the best modular homes Calgary and Edmonton manufacturers.

The quality of module homes made by all of these manufacturers will be up to the highest standards possible. These are just some examples: regardless of the area of your modular homes Canada manufacturer, there is probably a good chance that the module home they can provide you with will be satisfactory in every way.

Just make sure to check the feedback of some of the company’s old clients before you make any serious commitments. Every company has their own way of building homes, and what someone finds great might not be so neat to you. We all have our personal preferences, and building a home is a serious thing, modular or site-built – you can’t afford to rush any part of it.

Modular homes

There is a decent amount of competition between the major module manufacturers, which forces each of them to adhere to the highest standards in order to stay in the game. Because of this, as long as you choose a relatively large company to create your module home , you won’t have to worry about parts of it being of a lacking quality.

From there on, it’s all a matter of adjusting the home to your personal preferences and creating it into something you will enjoy living in, regardless of whether that means additions to an existing design or creating an entirely new one with the help of the company professional.

Posted in Modular Homes | Tagged Brookswood Homes   , Hart Modular Homes   , Jandal Homes   , Modular homes in Canada   , Willow Creek Homes   | Leave a comment

What are modular homes made out of

modular homes1

The materials used when making a structure often dictate how well it will hold up over time as well as in the face of exposure to various elements. Part of why some people steer clear of modular homes is that they believe lesser materials have been used in their production .

Why modular homes are just as sturdy

Many aren’t aware of the simple fact that a modular home will consist of the same materials that would be used in a site-built home. The only difference is that these materials are used away from the site and inside a factory as opposed to the location where the home will stand.

The exact materials used depend more on the type of modular home you are getting rather than the fact that it is a module home. As such, you can expect the exterior of the home to consist of either standard-quality wood, brick or stone, depending on what precisely you were looking to buy. read more here!

The same stands true for site-built homes: their exteriors are built in a variety of materials ranging from wood to brick. The sturdiness of your module home will depend on the material you have chosen for its construction, much like the case is with regular homes.

As is the case with site-built homes, modular homes often feature wooden floors and roofs of different design. The same wood or stone that is used on a site where a home is being built from scratch is the one that will be used in the factory to construct parts of the modular home.

Why people think materials are of a lesser quality

Much of this misconception has to do with the way modular homes are constructed. To people, building a home piece by piece makes it seem much more durable than just putting pieces together. However, because quality materials are used and the process is monitored by engineers, technicians and inspectors, modular homes invariably end up being of the same quality as site-built homes.

In fact, their similarity to regular homes extends to the materials in a way that lets you hand-pick each and every material that will be used in your modular home. Some people feel that all modular homes are built with the same generic materials and that they won’t have any creative freedom, but this is not true – you can instruct the manufacturer on what you want every part of your module home to be made of.

modular homes1

The beauty of modular homes is that they are held to the same standards of quality as site-built homes and offer a similar level of customization, but are much easier and quicker to assemble.read more info from this link: http://www.theolympian.com/2015/04/14/3677877/house-approves-legislation-to.html

Whereas you would sometimes have to wait many long months for your home to be constructed, often creating quite the public disturbance in the process, you will be able to enjoy the exterior and interior of your mobile home within one or two weeks, not making you waste any time when trying to get accustomed to your new surroundings.

Difference between mobile homes and module homes

mobile homes and module homes

A lot of the bad rep that modular homes have comes from people confusing them with mobile homes. The truth is that the two are very much different, both in type of construction and quality of structure, and the difference should be obvious to anyone who knows what to look for.

Why mobile homes have a bad rep

Mobile homes, somewhat reasonably, have a bad rep for being of a subpar quality compared to other types of structures. These structures don’t instill very much faith with their appearance, and this issue isn’t corrected once people learn of the construction methods – in fact, it’s often exacerbated.

Mobile or manufactured homes are also sometimes referred to as trailers, further enforcing their bad reputation. The entire home is assembled on a chassis that acts as its foundation, often made out of steel. Among the reasons why mobile homes don’t enjoy much popularity is the fact that their price is usually significantly lesser compared to that of both regular and modular homes. Part of this is because a building inspector isn’t required by law to check the structure and approve it, as is the case with other types of structures . This often casts doubts about the quality of the structure and makes many unwilling to live inside them. The mobile homes’ status as somewhat mobile units also makes them difficult to refinance.

Why people confuse them with modular homes
It’s not impossible to understand where the confusion comes from: the construction of both homes involves bringing parts from a factory and assembling it on-site. To many, this process appears ‘cheap’ and inferior to the standard methods of building a home. There are, however, notable differences in the construction and quality of these homes that make modular homes come far ahead.

Modular homes won’t have an ‘expiration date’, unlike manufactured homes, in that they won’t lose value over time, provided they are built well. Also, unlike with mobile homes, building inspectors are tasked with making sure that the modular home is being built in accordance with regulations, and also that the end result is up to standard. A modular home conforms to the exact same regulations that regular, site-built homes have, meaning it needs to be every bit as well-built.

On the other hand, a manufactured home has a different set of regulations that aren’t the same as those of site-built homes. This, coupled with a lack of law that forces building inspectors to check the quality of mobile homes, gives modular homes a bad name purely by virtue of the assembling process being similar.see it from the site: http://www.wsj.com/articles/low-cost-housing-demand-boosts-mobile-home-park-operators-1429637304

mobile homes and module homes

You should easily be able to tell a mobile home from a modular one because manufactured homes have metal tags marking each of their sections. In the absence of these, a mobile home will also have a plate somewhere on the inside that will provide various information, including the manufacture date – that is, provided you weren’t already able to tell it’s a mobile home due to its notably lower price. visit this link here!