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How Lily Adrianne found her passion for property investment in New Zealand

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How Lily Adrianne found her passion for property investment in New Zealand

At just 27 years Lily Adrianne, a model from New Zealand, owns 11 properties.  After buying her first house in Auckland at 24 years she was motivated to buy even more property.  Life wasn’t always so easy. Before she found success, she was broke with a destructive boyfriend. It wasn’t until she had the courage to try modeling that she was able to break free from her boyfriend and earn her freedom.

However, Lily explains she plans to embark on a new venture in the property investment called house flipping. The practice has over a decade’s long history, with many investors assuming it’s an easy way to make a quick buck. Is it true? Here we demystify the myths.

What is House Flipping?

It’s a real estate investment strategy that allows the investor to purchase property, not in use, to sell it for a profit. The profit results from price appreciation from a booming real estate market or capital improvements made on the property. For example, an investor may purchase a property in a high-end neighborhood, make renovations, and offer it at a price that reflects the new upgrades. Investors who use this strategy generate a steady flow of income by performing frequent flips.

Myths about House Flipping

It’s easy to Flip Houses

The truth is that if you don’t know what you’re doing flipping houses can be a big challenge. According to new research, only 3% of homes sold during the recent New Zealand property market boom were flipped with 14,588 properties being resold within six months out of the 647,133 homes sold between 2013-2018.

In addition to fluctuating housing prices, the investor has to find trustworthy contractors to do the work on time and sometimes even insurance claims experts. If the work isn’t done correctly or on-time it can derail the entire project.

House Flipping is a Get Rich Quick Scheme

While the practice can help build wealth, you may not realize profits immediately. Many investors overlook costs such as interest costs, legal fees, renovation costs, and real estate fees, which have to be factored in the final selling price.

Income Earned is Not Taxed

This is another myth that lures first-time investors into the practice. On the contrary, any investor trading properties on a large scale is liable to pay income tax. The government has also imposed another tax called bright-line tax on properties sold within five year of purchase. What’s more, if you have a history of buying and selling properties, you may be liable for other types of tax.

House Flips can be Done Quickly

Many investors assume that home improvement projects can be done in a month or less. On the contrary, house flipping is a complicated process that can be extremely time-consuming. You have to deal with permits, homeowners insurance, title insurance, taxes, closing costs, special assessments, and more sometimes. Experts who can flip a house in a month have plenty of experience and knowledge.

High-end Properties Generate More Profit

On average, an investor can only make $30,000 from a house flip. This means flipping a more expensive house doesn’t always mean more profits. Conversely, such properties incur higher holding costs because you have a limited target demographic.

Final Thoughts

Lily has shown that it’s possible to reinvent yourself and property investment is still a booming business. Avoid the myths above and you will be well on your way to earning a good living from flipping houses.

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Helping The Businesses And Candidates To Grow With The Best Recruitment Agency!

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Helping The Businesses And Candidates To Grow With The Best Recruitment Agency!

Recruiting good and well-versed candidates is a very important task for any business or company. The success of a company is based on the type of candidates it hires. It is vital for every workplace to have a strong team of potential and efficient employees that will contribute to the growth of the company. This is where a recruitment agency comes into the picture as it helps in finding the best candidates based on the company’s requirements and job profiles. A recruitment agency acts as a link between a company and a job seeker. It intermediates the relation between someone who is looking to hire and someone who is looking for employment opportunities. The basic and most important task of the recruitment agency is to find suitable candidates who fit well in the positions available in a company and help the company grow positively. Keep reading further to know about the recruitment agency that provides great opportunities and positions for recruitment.

Excellent Recruitment Opportunities By Scion Technical Staffing

Recruitment is not limited to any one particular field and recruitment agencies are in high demand in every sphere of the market world as everyone aims at having the best of the candidates. While talking about agencies that provide great recruitments, Scion Technical Staffing ranks our list of recruitment provided by IT Staff Agencies. The company swears by their tech recruiting success and credits their unwavering commitment, excellence, dedication and passion for technology as the reason behind it. As one of the best IT Staff Agencies it guarantees the best and most creative candidates that are impossible to find through any other sources. Scion enjoys its fame of earning a place in the Business Times as well as in The Forbes under the category of Best Executive Recruiting Firms in The World. Scion not only helps in choosing the right candidate but also extends its support and guidance to help you navigate through the entire recruitment process. It swears by finding and securing the best talent for you. Thus, it is no doubt that Scion Technical Staffing is indeed the best among the various IT Staff Agencies available on the web. 

Different Areas Of Recruitment Provided By The IT Recruiter

Scion Technical Staffing deals with various areas to provide the right and truly potential candidates for your company. The IT Recruiter recruits for all the US cities in areas such as Technological Leadership, Marketing, Project Management & Operations, Engineering, Data & Analytics, Creative, Web & Applications, Network, Support & Hardware, Technology Sales and Other Specialities. Thus, Scion truly justifies being the best among the various tech staffing agencies for its commitment, support and dedication in providing the best recruits. Apart from providing recruitment in the above mentioned areas, it also provides an array of specialization in areas such as Cloud Computing, Engineering, Data, IT Security and many more such technical areas which have gained quite a lot of popularity and importance in the technical world. Scion Technical Staffing is the most popular choice among the tech staffing agencies as it employs the best and connects the clients with the extremely motivated, pre-screened and highly talented tech professionals.

To Conclude

Scion Technical Staffing is the best IT Recruiter if you need extraordinary talent to hire for either contractual basis, permanent job or for executive functions. Scion is indeed a critical need for expanding organizations and corporations and ensuring their complete success as it strives to provide with the best and most efficient tech professionals which are impossible to find on the web or in any other recruitment agencies. Thus, Scion truly is a champion in the field of recruitment agencies!

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Choosing the Best Containers for Shipping

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Choosing the Best Containers for Shipping

Planning and organizing shipping is a rather complicated and time-consuming process. The greater part of business owners wants to deliver their goods as soon as possible. No wonder, they often choose the first quotes they find on the Internet. It’s not a good idea while you have to consider lots of details in order to receive our goods not only on time but also intact.

Alongside selecting the proper mode of transportation, it’s necessary to pay attention to the available types of shipping containers. There is a big misconception that it’s just enough to place your items in a standard box, and the parcel will be delivered safely and soundly. The right choice of shipping container is a key element of trouble-free transportation.
A competent and experienced freight forwarder knows for sure that peculiar cargo requires a peculiar container. No wonder, when you cooperate with professionals, you are to choose among the following variations:


●Standard sample.

The standardized sizes of the model are 20 and 40 feet. Yet, the capacity of the items can vary from operator to operator. You may order this variant if you deal with standard cargo. The content is protected against water and dirt;


● Reefer.

This variation is good for shipping cargo that requires temperature control. The most common model comes in 20 feet. Yet, it’s also possible to find 40 feet alternatives;


●Open top.

This type possesses unique characteristics. It is open at the top and covered with a tarp whenever possible. It’s extremely popular in machinery;


●Double door.

Such models have doors on both ends. The samples are very convenient. They encourage fast downloading and uploading processes;


●Pallet wide.

It’s an ideal way out if you need to transport non-standard items. This type allows keeping the cargo tight, so there is almost no chance of cargo slipping;


●Flat rack.

Delivering pipes, machinery components, or busses may be challenging unless you use this kind of tub. It has sides only on the short end of the sample;


●Side door.

This model has doors on the long side of the tub. It’s very convenient to deal with heavy items. The construction gives full access to the content;


Tanks.

They are applied when it’s necessary to transport liquids. It’s better to select models which are made of anti-corrosive materials;


Hardtop.

This variation has points through which a forklift can lift the roof;


Insulated.

This variant is often used when it comes to expedited shipping of perishable goods such as edibles.


●One-trip.

It’s about new samples. You get not only the freight but a new container. It’s possible to sell it later.

Moreover, each of the above-mentioned types may come in various sizes. It’s possible to meet the needs of any business. It’s better to prefer top-quality and reliable models to protect the content.
To sum it up, the importance of the right choice of containers should be highlighted once more time. They are a must for effective and loss-free logistics. If you can’t choose the needed options on your own, you may cooperate with leading freight forwarders. They are to provide you with the best logistics solutions no matter how complicated your order is.

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BUSINESS

Aroundtown inclusion in S&P Europe 350 ESG Index

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Aroundtown inclusion in S&P Europe 350 ESG Index

As Germany’s largest commercial real estate company, Aroundtown already has a strong track record in terms of global capital markets. This has largely been due to the leadership & guidance provided by the strong management team.

As announced by S&P Dow Jones Indices, Aroundtown will be included in the S&P Europe 350 ESG Index, effective as of May 3rd, 2021. The S&P Europe 350 ESG Index is based on the S&P Europe 350 Index, of which Aroundtown was already a component. The S&P Europe 350 Index aims to provide a broad-based market index that is balanced between GICS industry diversification, country diversification and selects companies with high stock liquidity and free-float market cap. The ESG Index is a broad-based, market-cap-weighted index that is designed to measure the performance of securities meeting sustainability criteria, while maintaining similar overall industry group weights as the S&P Europe 350.

 For the ESG index a further selection is made which excludes companies based on certain ESG related criteria. Companies whose business activities are significantly related to thermal coal, tobacco and controversial weapons are excluded. Furthermore, companies with low United Nations Global Compact (UNGC) Scores and companies with low ESG scores in comparison to their overall industry, as determined by S&P Down Jones Indices’ subsidiary SAM, are excluded. Weight in the index is based on free-float market cap.

Aroundtown’s inclusion follows its rating by SAM in November of 2020, where Aroundtown was ranked in the 75th percentile among peers, which reflected in particular Aroundtown’s leading position in regard to the Codes of Business Conduct and Human Rights, where it is well ahead of peers.

Its inclusion in the S&P Europe 350 ESG Index is further validation of Aroundtown’s commitment to sustainability and its focus on best practices related to environmental, social and governance issues. In addition to its new inclusion, Aroundtown is already a component of other key ESG related indices, such as the DAX 50 ESG, GPR ESG+ and GPR IPCM LFFS Sustainable GRES.

Aroundtown is the largest commercial real estate company in Germany and 4th largest in Europe (based on market cap). Aroundtown invests in income generating quality properties that have potential for value-add in central locations mainly in Germany and the Netherlands. The focus of Aroundtown’s business model is buying, repositioning, and optimizing office and hotel properties. This goes hand-in-hand with sustainability values highlighted by S&P Europe 350 ESG Index – by extracting value from existing properties, Aroundtown supports the transition to a low-carbon and resource-efficient economy.

Aroundtown was developed by by Yakir Gabay  יקיר גבאי before becoming publicly traded a decade later on the Euronext Stock Exchange, Frankfurt Stock Exchange and joined the MDAX index. Avisco (controlled by Yakir Gabay  יקיר גבאי) holds 10% of the company Aroundtown followed by Blackrock at 5%. Other shareholders include Norges, Vanguard, Allianz, BNP Paribas, Japan’s Government investment fund, Aliance-Bernstein, Dekabank, State-Street, bank of Montreal and many other leading international investors. The main bond investors include ECB, GIC, Union-Investment, DB, UBS, CS, M&G, Pictet, Credit Agricole and many other major institutional investors.

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