If you are a jet-setter, it’s assumed that you travel light for convenience, not unless you are on your way to a month-long vacation in Paris or somewhere in the Bahamas. Perhaps you would have to bring 2 sets of luggage containing your daily wardrobe and accessories plus a hand-carried pouch with your money, make-up and cellular phone in it. When travelling, it’s important to plan ahead for a secured flight, convenient accommodation and harmless escapades. You can consider the top 10 safe travel tips in this article for a more safety jet-setting experience.First up, monitoring the general travel advisory and getting free information from online sets might be a smart start for you to know the latest updates regarding the destination you are heading to. Secondly, weather conditions must be known just before you board the ship or plane. It would help if you double-checked a travel insurance covering accident security in cases when buckling up in the sky wouldn’t do any difference in the middle of aerial crashing. You don’t think it’s possible to get under any harmful circumstance, yes, but it’s best to play safe and anticipate the worse. In top 10 safe travel tips, the fourth one is to make your travel itinerary registered on the worldwide web and be known to relatives close to you so that you can be reached in case of emergencies at your household and corporate compartment.Fifth idea in top 10 safe travel tips elaborates that you must be well-informed whether your destination requires a passport alone or a special travelling Visa. Fifth tip is to make sure that validity of your passport is within your travelling dates. Be wary of the fact that in some destinations, a Visa doesn’t assure entry. Sixth is that you must be obedient to certain consular policies; local laws may not be applicable in consular’s jurisdiction. Seventh spot speaks about your assurance that your pertinent documents such as insurance policy, traveler checks, Visa and passport are double-copied with the photocopy version on your hand and the original set left at your house as main documentation. Eighth tip suggests that while traveling, you might want to be in regular contact with family just to ensure them of your safety. Although it may not be necessary to divulge your whereabouts, informing someone about your entire itinerary may matter just in case when unexpected happenings take place.Solo travelling is a freeing journey. You are liberated from the boundaries of your own comfort zone. Top 10 safe travel tips says on the eighth spot that you have to purchase tickets ahead of time and pre-book your accommodation and transport needs. Tenth tip says that you must pack up your things securely one to two days before you depart. On the day itself, you have to be prompt in hitting the airport so you don’t miss your flight. These travel tips are for your goodness in any liberating jet-setting endeavor in the future.
Let’s take a look at some of the risks of property development. Undertaking your first property development project is more demanding and involves more risk than buying your first investment property. But although there are more things that can go wrong, there is also opportunity for increased rewards. The greatest risk I believe to the first time developer is inexperience or lack of knowledge.The good news, however, is that with the help of experts and the advice of specialists the risk that inexperience or a lack of knowledge bring, can be overcome and common pitfalls avoided.This will fast track you on the road to becoming a successful developer. Now let’s take a deeper look at what I call the 11 big risks.Risk 1 – InexperienceThe key to eliminating this risk is to always ensure you have the input of a professional property development specialist, especially on your early projects. Not having this assistance could affect your ability to borrow funds. My company has helped many property developers start their careers by setting them on the right path from the very beginning, and helping them to become great.Risk 2 – Borrowing Risks and Interest Rate RisksWhen you borrow funds, you need to be aware of the possibility of interest rates rising during the term of your development or long-term holding of your investment. This can create higher development and holding costs. However, this need not be of concern as the actual increase may not be too high. Of course, on the other end of the scale, you could also increase your profit if interest rates go down.Risk 3 – Market Value RisksBased on the fact that property values can fall as well as rise, you can have no guarantee of the value of your project on completion, or even how much demand there will be should you decide to sell. Smaller, quicker, turnarounds will be less risky and there will be less time for values to fall. But on the whole property values rise more often than they go down and in the long term if you are holding on to some of your properties, you will make money. Property values would need to drop by about 15% before you would tend to lose money.Risk 4 – Risks during ConstructionThere are several reasons construction costs can increase. Disputes, unexpected delays caused by labour or material shortages, and bad weather, can all delay the construction period and result in increased holding charges. Using a lump sum fixed price and time contract can help decrease the risk of construction costs soaring, as well as making sure you conduct thorough due diligence on the builder before you engage them.Risk 5 – Financial Risk FactorsThe main risk here is not having enough spare capital as a buffer or contingency fund, in the event that costs increase more than you have anticipated. I believe it is important that you allow for and retain a contingency fund for when this happens. Property development involves financial risks and the earlier you realise and understand these risks, the sooner you will become successful as a property developer. As a rule of thumb, I work with a 5 % contingency buffer on all my projects. As I mentioned, you will run into problems, as it is part of the nature of the beast, but a buffer will help to ensure they don’t bring you undone.Risk 6 – Risk of not conducting thorough Due DiligenceIt is essential to have a comprehensive due diligence checklist. Correct due diligence should be carried out prior to buying your property. In order to avoid buying a property that will cause you problems in the long term, you need to work through your list thoroughly including all details relating to the local Council regarding town planning, engineering, the builder and financial analyses.Risk 7 – Paying too much for the SiteIt is true to say in the property business that ‘you make your profit when you buy the site’. Market knowledge, especially in the area of land values, along with the ability to negotiate a good deal are important assets when it comes to ensuring you buy right. Study your market and area wisely; keep your ears to the ground and keep your head out of the clouds. It will save you burning your cash.Risk 8 – Under-estimating the CostsGetting an idea of the costs involved in relation to the income side of the feasibility study (the sales), from real property agents and valuation specialists is reasonably easy. However, getting a handle on the expenditure side is much more difficult, especially if you are new to the game. You need to be very aware of all the costs relating to both the income and expenditure sides of the development and how much to allow for each. If you are well-informed regarding your costs, you will be less likely to under estimate them.Risk 9 – Setting your Borrowing LimitDo not make the mistake of borrowing to your full capacity as this leaves you no room for movement should you strike unforeseen circumstances, such as interest rate rises, sales slowing, or construction delays. Know your borrowing limit and stick to it.Risk 10 – Engaging the Wrong ConsultantsMore and more frequently, clients call me to look at plans that have been badly designed. Approximately 95% of these plans were designed by draftsmen, and almost every time the money the client saved by using less qualified designers, was doubled and sometimes tripled in extra costs associated with construction problems and time delays. If you pay qualified people to do their job, the outcome will be a satisfactory result and you will ultimately spend less money and make more profit. It takes an architect an average of five years to complete a degree and two more years for registration, as opposed to three years in total for a draftsman.Risk 11 – Disputes with trade and construction contractorsDisputes with trade and construction contractors can cause prolonged holdups, which overstretch the budget as the developer has to cater for the delay costs. When contractors quit before completion a substitute contractor has to be found and in most cases contractors who are called in halfway are more costly. This is because the developer’s negotiation power is weak as contractors are aware you are in a difficult situation.Summary• The greatest risk I believe to the first time developer is inexperience or lack of knowledge• If you pay qualified people to do their job, the outcome will be a satisfactory result and you will ultimately spend less money and make more profit• Know your borrowing limit and stick to it.
When many of us think about booking a photography session, we automatically imagine ourselves in a photographic studio with bright lights, reflectors, and a whole host of technical looking equipment. Whether we have chosen to book a couple’s photography session, or family photography, the default is the studio session, but there is an alternative option. Lifestyle photography is shot on location and offers an opportunity to take much more relaxed, natural photographs.
Studio session photography is something I am sure we are all familiar with; often featuring a white background these days, the photographer usually encourages you to bring fun props and wear brightly coloured clothes. During the shoot you may be encouraged to do all sorts of silly things to make you all laugh and act comfortable and natural. You can certainly get some fabulous images with this method, and a major benefit is that it is usually cheaper, however lifestyle photography offers a different style for you to choose from when booking a photography session.
There is a completely different emphasis when you book a lifestyle photography session. The location acts almost like another character in the photos. Ideally you would choose somewhere that means something to you or your family; somewhere that has a certain significance for you is perfect. The aim is to capture a moment in time, un-posed, just you in surroundings you feel like yourself in. Imagine stunning family shots that you could have taken yourself, if only you had the skills of a professional photographer!
Lifestyle photography works for most subjects. An engagement photography shoot at the place where your fiance proposed will be something you can treasure forever, while a family photo session in a location that your children love exploring and playing in can deliver some absolutely amazing images.
Many young children can feel uncomfortable in a studio, with so much complicated looking equipment, and bright lights shining directly on them. A lifestyle photography session eliminates this as you can choose to be in a place where they feel comfortable and can be themselves. Most parents know that if you ask a young child to smile for the camera they can pull the oddest faces; sure they think they are smiling, but you know it’s not the same as the smile you get when they are having fun and are absorbed in the moment.
Most people choosing a lifestyle photography session pick an outside area that means something to them, whether it is a local park or your own allotment, a good photographer will be able to find a way to make both the location and yourself shine. Whether you choose lifestyle or studio photography, the important thing is to enjoy yourselves and you will end up with some fantastic pictures that will last a lifetime.