5 Mistakes to Avoid When Buying Commercial Real Estate in New York

We all make mistakes, but learning from them makes us better. That's especially true with real estate. Despite the impact of Covid-19 on the global real estate industry, the commercial real estate market in New York City remains incredibly competitive, and mistakes will happen if you don't have enough information.

Below are six mistakes I see rookie and seasoned investors alike make when buying commercial real estate in New York. Before reading, I want to note that this is a list of mistakes. 

I am not saying that every company or situation mentioned will be a bad investment, but here are several examples of the above scenarios.

1. Avoiding a Commercial Real Estate Broker

If you're new to the commercial real estate game, you may want to avoid using a broker. However, working with a real estate broker when buying commercial property is important. They know the market, can help you find the right location, and negotiate the best price. Also, commercial real estate broker services come at no cost to the buyer - they get paid by the owner while protecting your interest when buying office or industrial properties.

For example, if you’re looking at residences with outdoor entertainment spaces, it's crucial to find a broker who specializes in those properties. And since you’re focusing on the New York market, they'll also guide you through the process of buying commercial real estate in the city while helping to ensure that everything else goes smoothly.

For example, if you’re looking at residences with outdoor entertainment spaces, it's crucial to find a broker who specializes in those properties. And since you’re focusing on the New York market, they'll also guide you through the process of buying commercial real estate in the city while helping to ensure that everything else goes smoothly.

2. Failing To Budget Enough for Both the Property Itself and Renovations

You may be tempted to cut costs by saving money on renovations, but this is not a good idea. If you don't have enough budget for renovations, your business could suffer if the building doesn't meet your needs or if it takes longer to get up and run than expected.

Say you’re eyeing the presently lucrative commercial real estate for sale in Staten Island, NY; try to get an estimate from an architect before signing any contracts to understand better what renovations will cost. If you're buying one that needs significant repairs, negotiate into your contract to have these repairs done within a specific timeframe (such as six months).

3. Not Understanding the Zoning and Land Use Laws

Zoning laws are important because they dictate what type of business can operate within a specific area. If your property is zoned for manufacturing, for example, you won't be able to operate a nail salon on the same premises as a factory.

You also need to check out what kind of businesses are allowed within each district and whether you're allowed to build something that falls outside those guidelines — like a new retail store or restaurant.

4. Not Thoroughly Reviewing the Lease Agreement

You should also thoroughly review all lease agreements before signing them. These documents contain details regarding rent payments, utilities, equipment requirements, and more. 

If there are any problems with these agreements after signing them, they can cause significant complications when trying to sell or lease out your building later on down the line.

5. Having No Concrete Exit Plan

If you're buying a building, you need to plan for the future. Even if your business doesn't grow as fast as you'd like, it's vital to have an exit plan in case things don't work out.

And while this may sound obvious, many people don't take the time to put one together before buying a commercial property. This practice will protect you from hidden surprises or issues lurking within these documents and ensure that everything is upfront and clear from the beginning.

Takeaway

If you, or someone you know, is currently looking to purchase a commercial property in New York City, I hope the information in this article proved helpful. NYC is an expensive and competitive place for commercial real estate.

Still, with a little bit of preparation, you can feel comfortable knowing that you're making the right decision for your business.

6 Ways Your Lifestyle Can Improve By Learning How to Grow Exotic Plants

Gardening is a very popular hobby because it can significantly boost the physical and mental health of those that practice it. People that don’t live in tropical countries often overlook growing exotic plants, and it’s not hard to see why. If the weather’s cold where you live and can’t sustain exotic plants, why would you think that you could grow them?

You might be surprised to learn that it is actually possible to grow exotic plants regardless of where you live, although you might have to grow them indoors. This post will tell you how growing exotic plants can improve your lifestyle:

Making Money

If you want to make money, then there’s no better way today than to grow exotic fruit and vegetables. The world’s going crazy for exotic produce. Fruits like dragon fruit, jackfruit, and durian can sell for hundreds. You can also grow psychoactive plants like Cannabis, which you can learn more here about cultivating. In order to turn exotic fruit farming into a lucrative business, you will need a lot of space. Ideally, you should have outdoor space to grow produce.

You don’t need to grow fruit and vegetables if you don’t want to, though. You can still make money from growing and farming exotic flowers, trees, and shrubs. People who own large country estates pay thousands for semi-mature exotic plants. Trees are especially popular.

Exotic Fruit

You don’t have to grow exotic fruit for other people if you don’t want to. You can grow it for yourself, too. There are myriad benefits to growing your own exotic fruit, the main benefit being that you won’t have to spend a fortune on exotic fruit at your local green grocer’s market anymore. Additionally, you will be able to improve your health by incorporating more fruit into your diet. If you are going to do this, then try to grow fruit that is extremely good for you and can be eaten in large amounts. Some exotic fruit should only be consumed in small quantities because some exotic fruit contains harmful chemicals or lots of sugar.

Self-esteem

Doing any kind of gardening can help to build your self-esteem and your confidence. Additionally, gardening can help to alleviate the symptoms of depression and anxiety. Depression and anxiety are two conditions that negatively impact the lives of millions of American citizens. Scientific studies have found that being exposed to plants can significantly reduce the symptoms of these conditions. More self-esteem will also make you a happier, more confident, and more content person. Greater self-esteem can help you to transform and turn your life around, which is wonderful if you are currently suffering from a lack of self-esteem, motivation, and confidence.

Hard Work

If you have a lot of time free and don’t have a job, then it’s easy to drift into laziness and unhealthy habits. Growing exotic plants is a lot of work. Some would argue that it can take the place of a full-time job. If you do take on exotic plant cultivation in a professional capacity as was recommended earlier on in this article, then it will become your main occupation. The more plants you grow, the more work there will be for you to do.

Enjoyable

Growing exotic plants can be a lot of fun. You will watch your plants go from a seed to a large plant, bearing fruit or flowers. In addition to being a lot of fun, it’s also very interesting. If biology is something that you are interested in, then there’s no greater hobby than growing exotic plants. If you are going to grow exotic plants, then it’s a very good idea to do your research and find a type of plant to grow that you are interested in. There are tens of thousands of exotic plants to choose from, so you won’t be short on options.

Stress Reduction

Lastly, growing plants can be a fantastic way of alleviating stress. You don’t have to grow exotic plants professionally if you don’t want to, you can just take it up as a hobby, turning to it when you are angry and stressed out. The reason that exotic plant cultivation is great for stress reduction is that it’s a lot of work and therefore distracts you. The distraction of growing exotic plants will help you to forget about all of the chaos going on in the world now, from COVID-19 to the ongoing Russo-Ukrainian war.

Cultivating exotic plants can change your life positively. If you are interested in taking up farming of some kind, then why not give exotic plants a go? They require a lot of time, but are very rewarding, and can be very lucrative.

3 Easy Steps to Bedroom Upgrade Success

It's easy to get overwhelmed with the prospect of a home renovation. There are so many decisions to make that it's easy to feel paralyzed. But what are the most common reasons your bedroom renovations aren't achievable?

Do you have a tight budget? Are you indecisive about what you want? Do you have the small rooms that are typical for an apartment in New York City?

The good news is that there are some simple ways to get your bedroom renovations done quickly and cheaply.

Step 1. Consider your budget and plan ahead

We have to be realistic about our budget and what we can afford. The size of the room, the style of furniture, and the color of the room will affect what furniture we can buy.

• Consider your budget and plan ahead - You must be realistic about your budget and what we can afford. The size of the room, the style of furniture, and the room's color will affect what furniture we can buy.

• Size matters - When you are buying a bed frame, make sure the bed frame dimensions are not too big or too small for your bedroom space.

• Think about storage - When you are buying new bedroom furniture, make sure that it has enough storage space for all your belongings

• Pick out a bed frame - There are many types of bed frames. It isn't easy to choose the best style for your needs. All bed frames have their advantages and disadvantages. Consider your lifestyle, the size of your room, and the type of mattress you want to use when deciding.

Step 2. Decide on the style you prefer

Do you have a favorite style? Do you want to go with a contemporary, traditional, or modern look? You should consider your personal preferences when deciding on the style of your bedroom.

The first step to transforming your space is deciding what style you're going for. You can create a new feel with a few quick updates to your furniture, upholstery, and lighting. The next thing is to buy accessories that make your space feel like home.

• Start with a clean slate and make your space come alive.

• Replace your furniture with the right pieces for your style to create new looks throughout the space.

• Add the perfect lighting to complete your new look. Lighting is an essential design element that can make or break a room. By choosing the right type of lighting element and adding the perfect focal point to your room, you can create an inviting and warm space.

• Go for accessories to make it feel like home- you can't go wrong with a few auctions, flea market finds, and a thrift store run.

Step 3. Know what you need to create an inviting place to sleep

The first thing to consider is your mattress dimensions. Most mattresses are available in twin, full, queen, and king sizes. The most common sizes are twin and full. But if you want a queen or king-size mattress, it's best to measure the space where you plan to place it before you go shopping for one.

Next, think about what type of mattress you want. There are two main types: spring mattresses and foam mattresses. Spring mattresses usually have coils inside them that provide support, while foam mattresses typically have a foam layer on top of another layer that provides support. Foam mattresses are usually more comfortable than spring ones but may not last as long because they don't have coils inside them to help hold their shape over time.

If you are still unsure what style you prefer, we recommend you go to the store and try out different mattresses and dimensions.

The mattress should be a comfortable fit for your size and weight. A medium-firm mattress is a good choice for people who sleep on their back or stomach. For side sleepers, a soft mattress will be more comfortable. Some people prefer a harder mattress, while others prefer a softer one. If you wake up feeling sore, you may need to switch to a different firmness.

Conclusion

It is important to know that mattress dimensions are not the only factors to consider when deciding on bedroom upgrades.

To make your bedroom more comfortable, you can change the layout of the furniture or purchase new furniture. You can find a variety of cheap bedroom sets online, with one hopefully suiting your needs. You can also make your bedroom seem bigger by adding mirrors or painting it in a lighter color.

Ultimately, it is up to you to decide what you want out of your bedroom. You can choose to upgrade your mattress and bedding or do something else entirely. The choice is up to you.

INVESTING IN A HOUSE AND LAND PACKAGE IN SYDNEY: WHY IT'S A WISE DECISION

If you're looking to invest in property, you might be wondering whether it's worth buying a house and land package or whether you should buy land and then build your own house on it so you have more control over the design and appearance of your home. Still, when you consider that there are many properties available as packaged deals with the land already included, this could be an excellent option for you—especially if you're planning to rent out the house part of the deal once it's built. 

The property market in Sydney has been robust recently, with the price of houses and land packages steadily increasing in value over the past few years. Home prices in the city have risen by 50% since 2009, and there's still no sign of this trend slowing down anytime soon. So if you're considering jumping into the property market and want to know whether house and land packages are suitable, keep reading to learn why they're such a good investment option.

The common reasons why people buy houses with land packages in Sydney

Some people buy houses with land packages to look for better investment opportunities. Due to current global economic conditions, investing in real estate has become one of the more profitable options available today. When you invest in land to go along with your house, you maximize your profit potential. It also allows them to have their own space, which allows them much more freedom than if they lived in an apartment or other rental property. Whether for privacy, extra room for family members, or want extra space for personal needs, investing in a house and land packages western Sydney can give you all of these things.

The benefits you gain when buying a house and land package in Sydney

When you buy a house-and-land package, you'll usually save yourself about 20 percent on your purchase price and ongoing costs like rates, insurance, maintenance fees, etc. There are lots of other benefits too. For example, with an established home already on your land (usually), you don't have to wait for council approvals to build your dream home – that step has already been taken care of. Also, if there is more than one house on your block, it might mean that those homes have previous owners who've already done some upgrades or gardening – so they're all at different stages but ready to move into.

How to choose the best house and land package in Sydney

Choosing one can be tricky with so many houses and land packages available. What do you look for when making your decision? The first thing to consider is location. An excellent place to start looking for a home is a suburb in Western Sydney with good access to schools, employment opportunities, public transport links, or other amenities that might be important to you. Finding somewhere close to an expressway or major road is helpful if you plan on commuting by car during peak hours. Ultimately, it comes down to what’s most important to you – whether that’s affordability or finding somewhere quiet enough for your children.

Things to consider before buying a house and land package in Sydney

Before buying a house and land package, it is essential to consider all your options. There are many different factors that you need to think about before making such an important decision. Some of these include; whether you have enough money saved for your deposit, do you have enough income coming in to cover your living expenses, where you will live while saving for a deposit, etc. A home can be a fantastic place to live, but there is so much more that goes into owning one and many other costs that we often forget about. So takeyourr time when considering to purchase of a house and land package in Sydney or any other area for that matter; if not, you could end up paying for it later down the track.

How to Take Care of Stainless Steel Cookware

How to Take Care of Stainless Steel Cookware

Learning how to care for something properly is integral to getting as much out of it as you can. Whether it’s a vehicle, a house, or your pots and pans, knowing the best way to take care of your items will help them last longer. When it comes to stainless steel cookware proper maintenance can make stainless steel pots and pans last a lifetime. This means that outside of pure desire, or an upgrade in technology, one set of steel pans could serve you for as long as you’re able and willing to cook, and maybe even longer. 

There are a few easy cleaning and maintenance techniques that make extending the lifetime of stainless steel pots and pans as simple as it could possibly be. From keeping their shine looking brand-new, to making sure that stainless truly means stain-free, these cleaning and care tips will keep your cookware in pristine condition.  

Hand Washing With Hot and Soapy Water

When it comes to general cleaning the best bet is hot soapy water. This is gentle on the stainless steel finish, and generally doesn’t take that much effort. A keynote to keep in mind when it comes to hand-washing stainless steel is to use a plastic or nylon scrubber. This is important because steel-wool or other abrasive scour-pads will scrape and scratch the stainless steel finish. 

This is important beyond the strict aesthetic of the pots and pans, but is important in regards to their functionality as well. Due to the fact that stainless steel is a poor heat-conductor, almost all stainless steel cookware has a core heating layer composed of a different metal. Most often, this is a layer of aluminum, but in some instances is made of copper. An easy way to know if the stainless steel pots and pans you’re looking at are made with aluminum or copper is in the price point. Copper is a better conductive element than aluminum, which makes it more valuable and hikes up the price of the pots and pans manufactured with a copper core. 

Regardless of the core-metal responsible for the heat conduction and distribution across the pan, scratching, chipping, and scraping the stainless steel finish can expose this underlying metal-core, which can cause complications.

Getting Rid of Hard Water Spots

While hand-washing stainless steel in hot-soapy water is typically a pretty easy task, there can be instances that make hand-washing seem ineffective. This is mostly the case when it comes to hard water spots. Hard water spots are often the result of tap-water that has an excessive amount of trace minerals. These minerals harden on the surface of the stainless steel being washed and make it unsightly and a bit inconvenient. 

While the gut instinct might be to take the stainless steel to the dishwasher, this is a point of debate in the stainless steel care community. While some stainless steel brands claim to be dishwasher safe, many suspect that the harsh temperatures and detergents involved in dishwasher use will wear down the stainless steel finish and decrease the life-span of the pots and pans.

To get rid of hard water spots without turning to the dishwasher, the washer can fill the pot or pan with 1 part vinegar to 3 parts water. Bring this mixture to a boil, let it cool to a touch, and then re-wash with hot-and-soapy water. 

This should get rid of the hard-water marks without decreasing the lifespan of your stainless steel.

In Case of Burnt-On Food

Burnt-on-food is another instance that might need a little more than a simple hand washing with hot-and-soapy water. Although, they’re still the main ingredient here. When it comes to food that’s been burnt-onto stainless steel, you’ll want to fill the pot or pan with enough hot and soapy water to cover the burnt-on-gunk.

Let this sit for 45 minutes to an hour. Afterward, bring the soapy water to a boil for 10 minutes or so, let the water cool, and wash as normal. You can repeat this if necessary for any residue as well.

Bringing Back The Shine

Finally, even if you’re hand-washing your stainless steel after each and every use, you may notice that after some time, that shine is just a little bit dull. However, there’s no need to fret, as there are easy ways to bring back that shine and make it look brand new once again. All you’ll need is a little baking soda and a non-abrasive scour pad. 

Wet the surface of the stainless steel cookware, sprinkle some baking soda on there, and gently scrub with the non-abrasive scouring pad. This will have your stainless steel cookware shining like it just came off the shelf. 

By taking care of your stainless steel cookware, washing it gently, re-shining it occasionally, and storing it properly, it really can last a lifetime.

How To Take Care of Non-Stick Pans

If you have ceramic non-stick pans, then you will certainly want to make sure you take care of them properly. Even the best non-stick cookware requires extra love and attention because they are designed to work extra hard for you too.

In general, it really comes down to the manufacturers and the way they have designed it. The best ones are made to still have longevity and ensure that maintenance is simple. Also, it is helpful to always know how to take care of your non-stick pans, what to avoid doing, and other useful tips for the home cook.

First, let’s talk about all the reasons why you should have non-stick pans, to begin with.

Benefits of Non-Stick Pans

So what’s the fuss about non-stick pans and does it actually matter? The answer is yes, it absolutely does matter. Not only will it last for longer, but you will be able to make things to absolute perfection.

When you have a non-stick pan, you will be able to stick to the essential ingredients and not have to slather the pan in oil in the hopes that whatever you’re making doesn’t stick. It saves a ton of time and can prevent absolute disasters from occurring in the kitchen.

There are so many different types of non-stick cookware options to choose from, but in general, the best is ceramic cookware because it is the best when it comes to value, health benefits, and ease of care.

Care Requirements Vary

It is also important to realize that every type of non-stick pan and manufacturer will come with a whole unique set of care requirements.

In general, the price point will also set the tone for what will be required, as well as the actual non-stick coating used to ensure that nothing sticks. The best pans are made with the highest quality standards and use no chemicals to produce the no-stick result. But others do include chemicals, which means that if you cook your food at too high of a heat level you could be exposing your household to dangerous toxins.

That is also why you will often want to look at using ceramic cookware whenever possible. These pans not only are affordable for the average household but are made with zero risk of toxins being in the design.

Wash Before Using

Regardless of who you purchase a non-stick pan from, you will always want to make sure that you are washing it first before use with soap and warm water. This is because it removes any oils or dirt that the pan may have been exposed to before it got into your home. But unlike a cast iron pan, there is no primer needed to produce great results. After a quick rinse, it will be ready to go.

Be Smart with Utensil Use

When it comes to non-stick pans, you will want to ensure that you do not use metal utensils with their pans. This is because the edges can significantly damage the coating layer. Instead, try silicone or wooden utensils that are heat resistant and will not damage the non-stick coating.

As soon as a scratch is made on the coating, it is only a matter of time until it will start to peel. So this step is super important when it comes to caring for your non-stick pan.

Keep It at Moderate Heat

Another important tactic to remember when it comes to caring for your non-stick pan is to not overdo it on the heat. They are designed to cook to perfection using minimal heat. So you do not need to blast it too high to get the results you want. Plus, this helps ensure that the non-stick coatings last a lot longer and you get more life from the pan in the long run.

Let Cool Before Cleaning

This one is a golden rule when it comes to caring for your non-stick pan. Make sure that you do not put a hot pan directly in water after using. The huge shift in temperature can really impact the actual structure and non-stick coating of the pan. So a general rule of thumb is to eat your food before cleaning your pan, allowing it more than enough time to cool.

Wash By Hand Always

Finally, take the time to wash your non-stick pan by hand. This will ensure that the pan gets clean but that the coating is not damaged by the intensity of a dishwasher. Because it is non-stick, there really should not be any food stuck to it, and should only take a matter of minutes to clean. Make sure you also pat it down dry too when it is done.

Conclusion

Caring for non-stick pans is easy if you follow these simple tips and tricks! And you will love how easy it is to create delicious meals without an absolute mess to clean up afterward. So keep these care tips in mind and enjoy using your non-stick pan!