At 1742 UTC on Saturday 17th December, Stéphane Le Diraison informed the Vendée Globe Race Directors that his Imoca Compagnie du Lit / Ville de Boulogne-Billancourt had dismasted.
The skipper was not injured and sounded in good health on the phone, when he called. He is currently in the process of sorting out the rig and will then carry out a complete check-up on his boat.
Full Article: Sailing AnarchySailing Anarchy – mast down, admin
In 9 days time the first Chinese Racing team owned by a sailor will cross the start line of the Rolex Sydney Hobart Yacht Race. This is not some corporate team owned and racing for the publicity but owned by Wang Bin, himself a world girdling sailor.
Ubox, a Cookson 50, is Wang Bin’s third boat (he already owns an Alubat 60 and a Swan 82) and he his crew consists his own ‘boys’ along with guests drawn from Dongfeng…
Full Article: Sailing AnarchySailing Anarchy – dock box, admin
Although the real estate market is suffering at the moment and has entered the “correction cycle” it isn’t much of a problem for flipping houses. That’s right; you don’t need to wait until the market rebounds because there is still money in flipping houses. Here are a few suggestions for you:
First of all, you need to save money on the building materials. A good place to look would be the Restore. It offers appliances, construction material, paint etc at discount prices. You can get doors, hardware, lighting fixtures at half its retail price.
The second option to sell your house is to research the target buyers. By doing so, you can make sure that you meet their requirements. When the market is flourishing you can get away with neutral carpets and white walls, however during more down turn times you’ll need to be more creative with what you offer and you can do this by knowing who your target buyers are and what would attract them.
You should also take into account that you need to show off your house in an attractive way to attract the buyers. However this does not mean over doing the decorations, just a few decor items and basic furniture can prompt to the buyers what their own furnishings would look like in the house, which would encourage them to pay the top dollar.
The last and the most important key point to keep in mind is that during down market, don’t spend too much time negotiating. A down market is the buyers market, this means that if you do get a buyer interested in your house don’t try to negotiate too much money out of them because they will move on, and you don’t know when the next opportunity may come your way. Hence you should close your sales as soon as possible, take your profit and move on.
Lastly, whether the market is down or not, it shouldn’t make a difference to your business of flipping houses much, you need to have a carefully planned, strategic plan and stick to it.
Finally, did you know there are 7 secrets that most successful Real Estate Investors don’t want you to know? In my free report “SHOCK & AWE Crisis Investing”, I”ll reveal these and many more techniques that can improve your bottom line almost immediately. You’ll learn how to profit in any economic climate (that’s something I bet you’re interested in right now), how to be in the top 2.3% of investors who Never have to struggle to make money and you’ll also learn the #1 reason you must change your business model —right now.