Travel Tips For Backpackers – Peace, Safety and Security On Your Back

Backpacking is very common and one of the best ways to mix with locals and experience the cultural close-up. More and more people opt for backpacking tours for adventure trips. Unfortunately, backpackers also experience strange and awful situations in countries with unfamiliar languages and customs. We offer some common sense backpacking travel tips that can avoid pitfalls and turn your trip into a wonderful experience:Travel tips to pack peace and security in your backpack:o Look before you leap in a foreign countryWhen you are traveling in a foreign country, you are subject to the constitutional laws of that country. Laws applicable in your country may differ from the destination. Purchasing a guide about the country or going through travel websites will aware you of specific laws. Ask for travel tips from your friends and family members who have visited that place. Study about your destination before you leave. It could save your time and money, and make your travel experience more enjoyable. There are excellent guidebooks available in market.o Travel insurance (read peace of mind)For backpackers and those seeking adventure, insurance is more important than for a normal tourist because of the risks involved. Without travel and medical insurance, illness or injury can ruin your holiday and your bank balance. Some hospitals do not admit injured people without insurance coverage. If you plan to go bungee jumping, ride a motorbike, or moped, make sure, your insurance policy covers you. If you cannot afford travel insurance, you cannot afford to travel.o Security and safety travel tips for backpackersBackpackers are easy target of thieves, especially petty thieves. Some are willing to walk away even with your shoes. Do not carry large amount of cash. Rather carry traveler’s checks and a few major credit cards. Plan a different strategy for countries that have only limited credit card facilities and cash advances are not always available.o Keep your passport and valuables in a pouch and wear it around the neck, under your clothes and out of sight. Photocopy your itinerary, passport, credit cards, travel documents and important phone numbers.o Wear a helmet if hiring a motorbike; head injuries can occur overseas also. While traveling by trains, especially overnight, secure your belongings and do not take sleeping pills. In some countries, gangs of thieves operate on trains and rob sleeping passengers. Be cautious about accepting food or drink from strangers. Criminals sometimes drug travelers on trains and buses and in bars.o If, as a woman, you find you are the subject of unwanted attention (e.g. hissing, muttering, pinching, suggestive gestures, invasion of your personal space), keep calm and do not retaliate but remove yourself quickly from the situation by taxi or other transport, or head for the nearest police officer.

Posted in Uncategorized | Comments Off

Commercial Real Estate: Foundation Of Principles For Success

Real estate is not all the same and the principles of common real estate rarely apply to that of commercial. When you are just getting your feet wet in commercial real estate, it helps to have an understanding of the basic principles. This article will provide an in depth look at the different principles you need to consider when making an investment in commercial property.A letter of intent is always recommended in larger commercial real estate transactions. What a letter of intent does is enable the two parties to agree or work out details of the overall deal. Before signing contracts or laying down the foundation of a contract, a letter of intent is usually written. It is important to note that a letter of intent is considered non-binding. If you ever have to sign a letter of intent, make certain that it is non-binding before you sign anything.Rentable square footage is most commonly defined as the combination of usable square footage and a portion of a building’s common area. There is approximately a 10% to 15% difference between the usable and the rentable square footage of a property. The rentable square footage can be calculated using the formula of: usable square footage plus a certain percentage of the building’s common areas. Be aware of these different types of square footage when purchasing, selling or leasing commercial property.Commercial building leasing entails a monthly fee called the common area maintenance or CAM for short. When you are renting a retail space, you are paying for more than the given space your business is occupying. These CAM fees are often charged monthly, quarterly or annually. In some cases, CAM fees are charged when an area of the commercial building needs remodeling. When you are renting a space, always keep in mind that CAM fees are rarely at a fixed rate and can increase depending on several variables.Tenant improvements are defined as the improvements that a tenant makes in a given commercial property. These improvements can range from wall coverings and flooring to air conditioning and fire protection. The guidelines and rules for these types of accommodations are usually outlined in a given lease. Always ensure what types of changes are allowed in a contract before signing on the dotted line. It is imperative that you are able to make the necessary changes for your business in a commercial setting.A commercial real estate broker has many duties and whether you are one, or need to hire one, it is imperative that you know what these duties are. A commercial agent needs to be able to provide valid financial and analytical data relating to a given property in question. It is also vital to note that the selling or leasing of a commercial real estate takes significantly longer than leasing or purchasing a residential property.Buying and selling commercial property is a good way to make income. However, whichever side of the spectrum you’re on, you really need to be able to accommodate you and your consumers’ needs. This article discussed some of the basic principles involved in making the right decisions when it comes to commercial real estate. Use what you have learned today for optimal success!

Posted in Uncategorized | Comments Off

The Commercial Real Estate Loan Calculator and Cash Flow

Posted in Property Development | Comments Off