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Thursday, April 10, 2008

Real Estate Investing: Rehabs

For an experienced and clever investor, creative real estate investing is a technique that can bring in profits beyond our imagination. Many investors use rehabbing to build fortunes. These investors seek run down, neglected, ugly properties for very less, sometimes lot less than their market value because of their decrepit condition. They then fix the property keeping costs of repair as low as possible, repaint the property, giving them a face lift and manage to sell the property at an amazing price bringing them huge profits!

How to Rehab a Property: This field of investing in real estate is good for experienced and knowledgeable investors not recommended for novices. The investor seeking to rehab a property should study the location as well as the structural design of the house, paying attention to the kind of neighborhood it is located in, shopping facilities as well as transport facilities available in that locale. The investors should have a good idea of the local market, the current land value, must be experienced in rehabbing to judge what needs fixing, the ability to estimate the cost of rehabbing a property, should decide if he wants to rehab it himself or let a contractor do it for him. Consider all aspects to try and get the house at a greater profit and work things out that with minimum costs the property gets to look presentable and try and sell it for its current value or higher. The investor should have a good idea about the latest trends in color and interior decorations spending within a preplanned budget that will help make the rehabbed property more desirable to the buyers. It is better to do the rehabbing yourself as you can significantly lower costs cutting it buy nearly 50% than when a contractor is hired to do the job. It will be better if the investor is trained professionally to fix houses, as he will have a clear idea of the work that needs to be done and how to get it done at lowest costs possible.

Some investors make major money investing in and rehabbing commercial real estate, others are experts in rehabbing obsolete homes and make huge profits by selecting properties near a lake, yet others specialize in rehabbing condos in places, where there is significant demand for condos. Some investors rehab and sell their property at a good profit usually yet others rehab, refinance and rent the property to get better returns on investments. There are investors who acquire homes for say $100,000, rehab it for say $20,000 and sell it for $300,000! The sky is the limit for experienced real estate investors who invest in rehabs!

There are several firms available online to help you with rehabbing properties.

Alexander Gordon is a writer for www.smallbusinessconsulting.com - The Small Business Consulting Community. Sign-up for the free success steps newsletter and get our booklet valued at $24.95 for free as a special bonus. The newsletter provides daily strategies on starting and significantly growing a business.

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How To Find The Right Drug and Alcohol Rehab Center

When you, a family member or loved one is battling against the demons associated with drug and/or alcohol abuse, rehabilitation is needed to get back on a healthy track. Turning to the healing properties of a drug rehab or alcohol rehab center can bring about the lifestyle and behavioral changes associated with leaving negative influences to the wayside.

There are numerous drug and alcohol rehab centers across the United States. Sometimes, a patient may even choose treatment outside of the country. Rehabilitation is a very emotional and a mental roller coaster that takes every ounce of restraint and focus. It is the responsibility of alcohol and drug rehab centers to find the medium and motivation for each patient to embrace recovery. Each and every individual that walks through the door of a clinic or enters a program is unique.

Different Clinic and Program Approaches

Since no two patients are alike, drug and alcohol rehab programs and procedures differ. While some rely heavily on prescription drugs and other medical techniques, there are other methods of treatment that utilize holistic or natural approaches. When evaluating a potential drug or alcohol rehab center, there are several different types of treatment programs to consider. Substance abuse is a delicate issue and each drug of choice is dealt with in a different manner. For instance, sleeping pill addiction will not be treated in the same way as crystal meth addiction.

One of the main decisions regarding the type of alcohol or drug rehab center to consider is the length of necessary treatment. With short-term rehab clinics, a patient may become a resident and undergo various medical approaches for several weeks. They may also receive drug-free outpatient services. When longer-term care is needed, several outpatient treatments are available as well. A patient may also choose to live in a residential community treatment center to ensure continue drug-free success. Some residents may choose or need to spend years at these types of facilities.

The issue of medication and other drug treatment options come into play when choosing a drug rehab clinic, as seen through what is called maintenance treatment. For example, a heroin addict may receive an oral dose of methadone to help block the effects of their abused drug of choice. The methadone helps to eliminate the cravings that many addicts encounter through physiological demands on their body. Some people are leery of methadone treatments because this drug in itself can be addicting.

When it comes time to locate the best drug rehab and alcohol rehab centers within your grasp, doctors and other health professionals will give you what is called a referral. You may receive one or two to choose from, but they are usually the most viable options of treatment for you to consider. When budget is of no concern, some people will look into treatment options both near and wide. Some drug and alcohol rehab centers are more private than others, offering certain luxuries that state officials cannot afford. There are numerous brochures and websites to scan when you are able to pay more for your treatment options.

What to Expect With Treatment

Very rarely do you see drug rehabilitation without some sort of approach towards psychological repair. Even though drugs can be purged from the physical parts of the patient, it is the mental barriers and breakdowns that continue the vicious cycle of drug abuse. Most drug rehab and alcohol rehab programs will treat the mind, body and soul of a patient. This is the best approach towards increasing the success rate for when patients are released onto the world.

It is also much healthier for the patient to receive well-rounded treatment so that they may achieve stronger, more positive outcomes. It is the goal of rehab centers to make sure patients equip themselves with the tools and strength needed to resist temptation and face the threat of relapse.

While at a drug or alcohol rehab center, you will encounter a trained professional who knows the ins and outs of drug addictions. Physicians and therapists become important fixtures on the road to recovery. They will ask you many different questions and may even perform a series of medical tests. This will assist in the accurate assessment of your personal characteristics. It will aid in deciding on the appropriate drug rehabilitation program that you will benefit the most from. You could face inpatient, outpatient, residential, and/or short-stay treatment.

Helping Rehabilitated Patients Succeed

It is the responsibility of the newly rehabilitated patient to take control over the things that affect their life. Surrounding themselves with positive influences and adhering to outpatient counseling and programs is a must. Family and friends should be supportive and aware that the potential of relapse is never too far behind. A circle of support and encouragement is crucial to long term success.

For a newly released drug or alcohol rehab patient, one day at a time never made more since than now. Each morning should be greeted with individual care and concern. They may need a lot of help to continue their success. Love, understanding, and support is all friends and family can give; the rest is up to the rehabbed individual.

Jon is a computer engineer who maintains many websites to pass along his knowledge and findings. You can read more about Drug and Alchohol Rehab at his web site at http://www.rehab-alcohol-drug.com/

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