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Real Estate Investments Are Heating up in 2014

Posted By: on March 12, 2014
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This year is shaping up as a great time to start dabbling in real estate investment, if you aren’t already involved in it. Word has come down from the Private Equity Real Estate conference that ended last week in Hong Kong that wealthy Chinese will be shopping for property in the U.S. starting now and going at least through 2016.

Seventy percent of attendees stated in a survey that the U.S. will become the No. 1 recipient of realty funds from China. Put another way, U.S. property will be the highest target for cross-border real estate investment funds from funds from China.

Office property popular among Chinese investors

Hing Yin Lee, the chief honcho at Ping An Trust, said that China is overflowing with liquidity and needs a market to invest capital in order to increase yields.

Analysts declare that office assets are especially popular these days for the Chinese. The Chase Manhattan Plaza has been a target of Chinese real-estate investors. That area accounted for 85 percent of the $7.6 billion that the Chinese spent on commercial real estate in 2013.

Chinese investors also recently purchased a majority stake in the Barclay’s Center at Atlantic Yards in Brooklyn. The Chinese are also making large realty purchases in San Francisco and Los Angeles, according to Gaw Capital Partners.

Lee also asserted that the Chinese prefer full control of their investments and want more decision-making power than most Westerners expect.

Most millionaires own real estate

Overall, a survey by Morgan Stanley indicates that 77 percent of millionaires own real estate. This year will see real estate being treated as the best alternative-asset class to own, according to Morgan.

The Morgan data, which came from its wealth-management unit, also showed that commercial and residential properties were the top picks. One-third of millionaires surveyed said they planned to buy this year.

Data suggested that wealthy investors are fixing their eyes on realty purchases in place of sluggish fixed-income yields. Commercial property has rebounded from its post-recession doldrums in 2009 to gain 71 percent since that time.

Values shot up eight percent between January 2012 and January of this year, according to Green Sheet Advisors, Inc. Home prices in 20 select cities have also rebounded: They’ve increased 24 percent since 2012.

Units at One57 are going for $90 million

Morgan found that wealthy people are moving away from long-term strategies and diving into options such as private equity and real estate. That news will certainly cheer hard money lenders searching for real estate investors.

Wealthy investors are rapidly losing interest in expensive stocks and plodding interest rates that will probably decline over the next two years. For those reasons, real estate will become an attractive alternative for increased returns on income.

The Morgan analysis also mirrored the conclusion of the Hong Kong conference that foreign buyers will be scouting the U.S. for real estate. Manhattan high-rise condominium units at One57 are seeing $90 million contracts.

Wealthy U.S. millionaires consider the purchase of real estate by the Chinese safe because it helps to maintain the value of their property investments.

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How to Change Your Hiring Process – 4 Tips to Reduce Turnover

Posted By: on March 11, 2014
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The level of unemployment in the U.S. has been high over the past few years. Though this has created a huge influx of applicants through the doors of human resources departments, too many decent candidates have been passed over while others are hired that don’t work out.

That’s because too many hiring organizations, either within the company or externally, are looking on the surface for results. Here are four ways to improve that process.

1. Utilize technology

One of the greatest challenges in the hiring process is time limitations. In many cases, the position is already vacant and needs to be filled as quickly as possible.

Technology allows for specific screening of candidates, but it can also help with interviews. Teleconferencing is a great way to meet a potential candidate without having to take time out of the day for an in-person interview. Most teleconferencing contacts can be done at the manager’s desk and are easily moderated.

2. Provide feedback

The greatest disappointment in hiring is going through the entire hiring process, only to learn in the interview that the candidate wasn’t a particularly a good fit for the company or position. For the candidate, this is very confusing.

Some candidates will politely ask for feedback upon the conclusion of the interview, but others will leave in a bewildered state. Although qualified for the positions, they may take their bewilderment to the next interview, only to be shut out again.

If the practice of providing feedback to applicants becomes more common, then perhaps more candidates will come in the door ready for the interview.

3. Be straightforward

The hiring process can seem like a game being played to determine winners and losers. This happens when the job descriptions and gatekeepers for the position are vague about their expectations of the candidate.

If the company culture requires a candidate who’s socially active within the group, then make this information available before interested applicants take the next step. Some positions require technical knowledge far beyond what the normal job description provides.

Should the position require a new hire to work in a capacity that’s above the pay grade, this should be anticipated and stated. Some candidates are willing to go that extra mile but others may not be. Finding this out early is key and avoids costly turnover.

4. Look below the surface

In recent years, a focus on superficial soft skills has taken more of a front seat in the hiring process. It’s unfortunate because many strong candidates may get passed over because to this.

It’s more useful to look below the surface and be on the lookout for candidates who will get the job done and remain loyal to the position. It’s easy to hire a smiling face, but in a great many cases, this is little more than a shining beacon to distract from the fact that the person lacks knowledge and experience.

According the Bureau of Labor Statistics, the rate of turnover is approaching the highest level it has seen since the 2008 economic shift. This is costly and inefficient for everyone concerned. By enacting some of the above suggestions, companies may find a higher quality of employees and save some significant money.

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TopCultured Legends

Sleep Much?

Posted By: on November 6, 2010

And you thought you had a bad night’s sleep. Check out this tried bloke. He can’t even get a minute of rest without getting owned. He must have had one hell of a night.

Get Ready for That Awkward Moment

Posted By: on January 3, 2014

We’ve all been there. That Awkward Moment when things go differently than expected. In the upcoming film, That Awkward Moment – in theaters January 31st – three friends experience a series of awkward moments that Read On »

4 Ways to Throw an Awesome Football Party

Posted By: on November 18, 2013

Are you ready for some football … parties? We’re right in the middle of football season and, no matter how your team is doing this year, you might enjoy planning the throwing some football parties. Read On »

More Research Needed Before Banning e-Cigarettes?

Posted By: on March 11, 2014
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Cities and states considering a ban on e-cigarettes should probably hold off for more research. Currently, these devices are not government-regulated, and the research conducted so far has not delivered enough solid evidence on whether they truly are harmful or helpful. Some opponents believe the bans that have already passed in New Jersey, South Dakota, and Utah are premature.

What is the e-Cigarette?

Often confused with smokeless cigarettes, the electronic cigarette is a battery-powered device that uses a heating source and a vaporizing solution. It does not require lighting or result in any smoke. The solution in e-cigarettes is a mixture of nicotine and flavoring, nicotine and propylene glycol, or just flavoring. The device is called by several names, including personal vaporizer, or PV; electronic vaping device, or EVD; and electronic nicotine delivery system, or ENDS. Often, they are metal tubes designed to look like traditional cigarettes without the tobacco, though some models look completely different.

Reasons Some Cities and States Want Bans

The ongoing debate about e-cigarettes seems to be focused on whether the devices continue to stimulate nicotine addiction. In July 2013, the World Health Organization underscored this uncertainty with a statement that there has been no scientific proof that e-cigarettes actually help people stop smoking. Other concerns voiced by the British Medical Association cite the fact that e-cigarettes are not regulated. The BMA is concerned that an unregulated product could ultimately present safety issues for consumers. At issue are the other chemicals mixed with the nicotine in the vapor solution.

Back to the Perils of Nicotine Marketing

There is also grave concern that the companies that manufacture e-cigarettes have adopted the same marketing strategies that were once used to promote tobacco-based products. Advertisements, for example, use celebrity endorsements, enticing candy flavors that appeal to kids, and the word “smoke” in promotional wording. An absence of regulation by the Food and Drug Administration make all of these old habits legal.

The bans under consideration in places like Los Angeles and Chicago make it a crime to smoke e-cigarettes in public places or sell them to buyers younger than 18. New York, Concord City and Petaluma in California and the Massachusetts cities of Lenox, ee, North Attleborough, Somerset, Stockbridge, and South Hadley have also banned the devices in public places. E-cigarette use is also currently banned on airline flights.

Why More Research is Needed

Some who use e-cigarettes have noted a lessening dependence on tobacco cigarettes. The psychology of holding a device that resembles a cigarette and releasing a substance that resembles smoke is a positive therapy that works better that traditional pharmacotherapy. Users also cite the fact that e-cigarettes are less expensive to make and buy and emit little smell.

Most of the current research is not conclusive enough to determine the long-term effects of e-cigarettes on consumer health. The nicotine vapor does have the ability to elevate blood pressure and heart rate, experts say, but even these effects have not been measured on a life-long e-cigarette smoker. Those who oppose the bans say much more scientific evidence of harm is needed to investigate the statements that have come from health organizations.

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Tiny Houses – The New Alternative to the American Dream?

Posted By: on March 11, 2014
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Despite the dramatic housing crisis that nearly destroyed the U.S. economy, the American Dream of home ownership still abides in the hearts of many citizens. People across the country have sought alternative ways to afford a home of their own.

For quite a few of them, the answer has taken the form of what are known as “Tiny Houses.”

What is a tiny house?

Tiny houses are small fabricated homes that are often designed and built to the specifications of the owner. They’re called “tiny” because they are significantly smaller than the average home.

These structures may look a lot like larger, more traditional homes, but they average only about 100 to 300 square feet of living space. Much like mobile homes, they’re prefabricated and then transported to a location where they might stay for the rest of their existence or continue to be relocated as the owner sees fit.

The floor plans of tiny houses resemble those of an efficiency apartment or condo, but for a price level that’s drastically different. What are the benefits of owning a tiny house?

Easy to build

For the intermediate craftsman, tiny houses are fairly simple to construct. There are a wide range of designs that may often use existing or reclaimed materials. Elements such as doors and sinks can be repurposed and installed without putting a huge dent in your budget.

The main structure can consist of anything from an existing storage container to a new construction that uses materials which can easily be obtained at your local home improvement center.

Mobile

Many tiny houses are built on the base of a trailer that can be towed by a personal truck or vehicle with a stronger engine, which makes them highly mobile. Owners can park their tiny house on any piece of property.

This may be ideal for homesteaders who own land in two different locations and simply wish to relocate from one lot to another and back again over the course of the year.

Few if any ordinances

Aside from having to register the tiny home for transport, you aren’t subject to most of the housing ordinances that govern the construction of a typical home. This eliminates much of the red tape involved in home ownership.

Other ordinances may apply with regard to the placement of a tiny house, but these are modest compared to those you’ll face with a fixed home that’s subject to various city and county ordinances.

Self sufficiency

Many tiny homes are self sufficient. This is one of the most appealing aspects of owning a tiny home. Homeowners often install solar panels that are more than sufficient to power the small space.

Water heaters and reservoirs can be installed to allow a flow of fresh water where needed. Waste water tanks can also be installed to make your home completely self-sustaining.

Cost-effective

This sufficiency allows for greater cost-effectiveness. A tiny home can be built for almost any budget, and if you purchase one that’s already complete and ready to inhabit, it may carry a price tag of around $65,000. Either is incredibly lower than the median price of the average new home in the U.S.

Tiny houses are trending as a new alternative for home ownership. They offer a substantial array of options. With the economy still moving at a sluggish upward pace, a tiny home can provide the answer for people who seek home ownership and their shot at the American Dream.

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Streamline, Assess, Repeat: Reducing Waste and Increasing Integration in 2014

Posted By: on March 11, 2014
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A growing need for any company is the ability to reduce waste. This comes in many forms and functions. The easiest way to reduce waste and streamline the way a company does business is to integrate similar functions and provide access to similar services using a common interface. As technology increases in stability and accessibility, so does the ability to streamline functions and eliminate costly waste.

Cloud Based Technologies

Since a great amount of technology functions virtually, utilizing the cloud is a great way to not only minimize cost but increase efficiency. High speed internet technologies allow for quick and easy access to data and storage. The users will see no difference in their ability to access work, send emails, or store files. Web-based applications like Microsoft Office365 allow users to access the latest version of the entire Office Suite from anywhere, including their workstation. This comes at a cost that is drastically less per user than purchasing licenses for each desktop and having in-house technical support personnel to install.

Project management is another area of the businesses should be looking to clean up. As companies move away from traditional, centralized offices and into the cloud, completing projects in a timely manner can be an organizational nightmare. However, thanks to a whole host of new tools (for example, those developed by Daptiv) it is possible to centralize everything in one virtual place, which allows employees and managers to interface in a more timely and efficient manner.

Virtual Servers

While having a cloud based and off-site technology infrastructure can be beneficial and economical, there is sometimes the need for dedicated on-site servers. The problem with having dedicated servers is that they are, as the name implies, dedicated. Each server provides for a specific function that has a dedicated purpose. This is often a wasteful use of server space where the primary function only needs a limited amount. Using virtual server technology such as VMware, portions of dedicated servers can be assigned to act as independent servers for other functions. This streamlines operations, consolidates resources, and saves money in hardware costs.

Outsourcing Technical Services

Many people may hear outsourcing and instantly equate this to a company that sends jobs to another country because it is more cost effective. Outsourcing, though is not restricted to just overseas. Realistically, technical management is a hands-on job and often requires having a trained person on staff. There are many local companies that offer technical services to clients for a cost that is often nominal as compared to hiring a full staff. These companies often offer 24/7 service that cover all a business’ needs.

Offer Flexibility

One of the greatest leaps in office technology is the ability to be mobile. No longer are employees chained to their desks for 8 hours of the day while punching a clock in and out. There are secure way to access the business network infrastructure using virtual connections. This allows workers to be flexible in what hours they work as well as allows them to connect and accomplish work at times when they may not normally be in the office. This creates a positive work environment which keeps workers happy. Offering access flexibility promotes productivity and allows for the reduction of payroll leakage that occurs from employees having to miss work.

Integrating these technologies promote not only the streamlining of the workplace but also reduce waste. Overhead costs and waste in payroll are reduced. This also relieves managers, executives, and business owners of the stress involved with the management of such technologies.

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Texting Tackles Amateur Sports Injuries

Posted By: on March 11, 2014
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As the use of texting grows, so do its applications. Communication that just a few years ago would have demanded an office visit to an orthopedic or sports medicine specialist, can now take place within seconds or minutes via text.

It has been documented that 90 percent of text messages are read in fewer than three minutes. Remote rural areas have little access to medical specialists or advanced medical technology, so physicians and sports organizations are now looking at using texts to help them respond to situations that could prove serious if not immediately addressed.

STOP helps young athletes in real time

Texting can cut through the confusion about what constitutes a serious injury and what can be done. The organization STOP Sports Injuries has been at the forefront of using texting in amateur sports. STOP Sports Injuries is a partnership among the foremost American medical and sports organizations.

Their innovative text program provides outreach to remote and rural areas of the country. STOP Sports Injuries sponsors three programs that use texts to help young athletes stay strong and healthy.

Concussion Education. Neurologists now state that there is no such thing as a “little bit” of concussion. A concussion can occur whether or not an athlete has lost consciousness. Each time a player suffers this neurological insult, he or she must stop playing immediately and stay away from any activity which taxes the brain until it is healed. This is a serious injury that can have lifelong effects if not properly treated. Complete brain rest means that there will be no school work, computer use, or even, somewhat ironically, sending texts. STOP has a program that addresses concussions caused by football injuries, called “Be UnStoppable.” Without the STOP text program, parents and coaches would have had far few resources for making smart decisions.

Injury Prevention. Parents and coaches now have the resources they need to prevent overuse injuries in their players. Written for every individual and team sport, the specific needs for each sport are available, by text, from STOP.

Performance and Motivational Tips. Players can receive motivational and performance tips each Friday afternoon from the STOP program, just before their weekend meets or games.

Australian study shows texting helps recreational athletes

AnAustralian study has shown that text messaging is an effective tool for recreational athletes to report injuries. Recreational athletes have different requirements, types of injuries, and levels of conditioning from elite athletes.

The study gathered a lot of data from these particular kinds of players in order to understand their requirements. It enrolled Australian football players and had a response rate of 90 to 98 percent over the 18-week season.

The players texted the study authors immediately when they received injuries so that specialists could have adequate data applicable to the recreational sports community. Text messaging was found to be an ideal way to gather large amounts of relevant information in what effectively amounted to real time.

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Top 10 North American Nature Vacations

Posted By: on March 7, 2014
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Everybody needs to go on a vacation every once in a while to escape the pressures of everyday life. Where you decide to take your vacation will have a big impact on how relaxing your trip turns out to be.

Enjoying the beauty of nature is one of the best ways to recharge your batteries and appreciate the best this planet has to offer. Here are 10 vacation destinations in North America that people who enjoy nature are sure to love.

1. Denali National Park, Alaska

You’ll start by being dropped by seaplane or helicopter into the middle of the Alaskan wilderness. Then you’ll head out on a hike where you will see caribou and other unusual wildlife.

2. Crystal River, Florida

This destination offers the unique opportunity to get up-close-and-personal with manatees, one of Florida’s most beloved endangered animals. The river is in northwest Florida and serves as the home for 350 manatees. Visitors are allowed to interact with the creatures if you go snorkeling.

3. Outer Banks, North Carolina

This is where you can go to see groups of wild horses running wild and free. These horses are descendants of animals that Spanish explorers brought to this country more than 500 years ago.

4. Whistler, British Columbia, Canada

This is home to the largest community of bald eagles anywhere in the world. The best time to see these regal birds is the middle of December to the middle of January. You can take a special raft trip that allows visitors to get a close look at the eagles in their habitat.

5. Hawaii

Hawaii is known as a prime vacation destination because of its beautiful beaches. But there are plenty of other activities that are not as well known. During the night, visitors can jump in the water off the coast of Kona for the chance to swim with giant manta rays, for instance. This is an experience unlike anything you’ve ever done before.

6. Belize

You can cruise the Monkey River along the Caribbean coast of Belize. There are plenty of these cute critters swinging from their trees as well as bats, iguanas, and crocodiles.

7. Yellowstone National Park

Yellowstone is the world-renowned home of all kinds of hot springs and geysers. But did you know that 3,000 bison also live here? You can take a wildlife safari to view these huge creatures throughout the entire year.

8. Costa Rica

This Central American nation is home to more than 1,200 species of butterflies and 850 birds. The greatest attractions are the giant Blue Morpho butterfly and 51 species of tiny hummingbirds.

9. Great Smoky Mountains National Park, Tennessee

The Smoky Mountains hosts about 1,500 American black bears. You can also see otters, elk, and deer. For more information about dining and accommodations, visit the park website.

10. Salmon River, Idaho

You will be able to enjoy a rafting trip that lasts five days. The pace is easy and laid back. You can also go on nature hikes to explore pioneer homesteads and Indian rock art.

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The Technology Field vs Employee Burnout

Posted By: on March 5, 2014
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The technology field is an exciting career to work in. Today, with all of the changes in technology that affect virtually every industry across the globe, anything can happen. From the development of innovative mobile phones to technology that creates an artificial eye, there is a wide host of technology to work and play with.

With this being said, as exciting as it is to work in this field and watch the world change due to its developments, developers in the background are tasked with designing and creating innovative solutions in a limited amount of time. The projects that they are assigned to deliver may include developing complex enterprise systems that support thousands of users at a time. Because companies are doing more with less, the staff that support these projects are often lean and insufficiently funded.

Though the technological part of these jobs are normally awesome to the ones that have the interest, the huge expectations associated with these assignments can be overwhelming. In addition to being overwhelmed with current projects, the next new project always seems to overlap with the latest project, and this pattern results in employee burnout. Let’s discuss reasons for employee burnout.

Tight Deadlines

As the saying goes, time is money. That’s why many software and hardware developers today are normally tasked with working on projects that require them to complete them in such short amounts of time. The timelines for these systems are normally established in advance, and the teams must deliver the final product by that set date. These commitments are normally set in stone because they’re driven by a number of deadlines including press conferences and associated communication to internal and external customers announcing a specific deadline for a new system or system enhancement to be deployed. So, in many cases, development teams will work around the clock in attempt to meet these rigid deadlines.

Pressure to Perform

Though cream of the crop talent is often targeted in many tech companies, there are always people who are willing and ready to take the next spot, specifically in a weak job market. Consequently, when an individual is hired into any of these technical positions, they are expected to perform at high levels; average performance won’t get the job done anymore. As a result, meeting the deadline and high performance is another reason why some technologically-savvy professionals can experience periods of feeling burned out.

On Call 24/7

Another important factor in experiencing employee burn out in the technology field is being on call 24/7 for problems that occur. When the systems are functioning properly as they should, this may not be a significant problem. However, if the system was rushed and implemented as is, the developer has another problem; being called anytime of the day or night to identify and fix critical problems. Sometimes, it’s best to cut off work-related communication and give your brain a chance to recharge. Here are some tips for how to get away from your email inbox to help with that.

Though technical jobs can be exciting for those who have an interest, there is a downside; employee burnout. By understanding the causes of employee burnout, you can take action to prevent it, whether you’re the employer or the employee.

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Four Dog-Friendly Vacation Ideas

Posted By: on March 5, 2014
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Many people consider their dog an important member of the family and love to be able to take them along on vacation. Until fairly recently, many vacation destinations simply didn’t welcome the family dog. Fortunately, there are now many places that welcome family dogs and even make sure they are included in the activities. Here are four awesome options.

1. Woofstock, Toronto, Canada

More than 300,000 dogs and their owners enjoy this summer festival every year. Admission is always free, and there is always plenty to do. Activities and events include an opportunity for your dog to strut its stuff in a fashion show, stupid dog trick contest, Mr. and Ms. Canine Pageant, best costume contest, wiener dog races, and the running of the pugs. These and other events and contests will be available, and each will offer prizes. Dogs and their owners will be welcomed at the gorgeous Fairmont Royal York Hotel. Visit http://www.woofstock.ca for more information on this fun vacation destination.

2. Skyhoundz Frisbee Dog Championships, Worldwide

These events are held all over the world. You can spend your vacation in one of many wonderful locations, and give your dog some fun time with a frisbee. The great thing is that any dog who enjoys running, jumping and catching is welcome to attend.

3. Sonoma Valley, California

This is not only a beautiful vacation spot, but it is one of the most dog-friendly places you could ever hope to find. Many people enjoy touring the wineries here, and your dog is welcome to join you on the tour. Many of the restaurants in town not only welcome your dog to dine with you, but they also furnish separate menus with dishes especially for your dog. When it’s time for some exercise, you’ll find many gorgeous parks set up with hiking and exercise areas for both humans and animals.

4. Cape Cod, Massachusetts

If you and your dog enjoy the beach, you will be happy to know that there are many beaches in Cape Cod that still welcome your dog. Spend the day playing together in the water and digging in the sand. After beach time, consider taking a walk on the dog-friendly Cape Cod Rail Trail. Food and water are available along the trail, so you can take a break at one of the benches or picnic tables and have lunch or dinner with your pet.

You won’t be happy if you leave for your vacation without your dog, and your dog won’t be happy without you either. Enjoy one of these dog-friendly activities on a vacation that really does include the entire family. For a fun read on a recent vacation one family went on with their dog, see this article about one dog (and their humans’) journey to the kingdom of Fife.

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Greg

A Sour Joke Turned Sweet

Posted By: on March 4, 2014
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Patrons to their local convenience store were greeted with a sour surprise that turned sweet in the end, just like Stride’s Sour Patch Gum. Faced with a decline message on their perfectly good credit card, the victims were anything but amused. Luckily, the sour situation turned out sweet. Hilarity ensued thanks to Stride gum.

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