Tag Archives: Kagan

Selling something? Maybe trying to sell your house? Here is the second of our top 5 projects to boost your home’s value for resale.

Have you already decided to move rather than remodel only to realize, like so many others in the same boat, you are still thinking about remodeling anyway? Why? To make your house more appealing to would-be buyers, cut the time it takes to sell it and maybe even get more cash in hand when you sell is why. While you’re remodeling that other part of the house why not tuck in a new master bedroom suite above the addition? You’ll get all of your money back when you eventually sell your house, right?

Not so fast. While many home-remodeling projects are a great way to add value to your home, not all of them are ironclad cash-back guarantees. Before you invest a significant amount of your precious home equity into remodeling projects, it’s wise to do a little homework on what kind of payback you can expect for various home projects in your area.

A good place to start is the Cost vs. Value report published annually by the National Association of Realtors, or NAR, and Remodeling magazine. The report provides a synopsis of the top projects, the average costs of the projects and their average rate of investment return at resale. It also gives you a city-by-city guide on what various home projects will pay back at resale. Real estate experts caution that these numbers can differ significantly depending on your state, city or even neighborhood. So use these numbers as a starting point, but consider getting the advice of a Realtor and/or remodeling contractor before you commit to a big home project. These experts can familiarize you with remodeling payback figures tailored to your state, city., or town.

The second project of five to potentially boost your home’s resale value is a midrange bathroom remodel. This includes updating an average 5-by-7 foot bathroom that’s at least 25 years old with moderately priced fixtures, a double-sink vanity, a ceramic-tile floor and vinyl wallpaper.

Average payback: 102.2 percent of cost
Estimated job cost: $10,499
National average resale value: $10,727

Improving an existing, but outdated, bathroom is almost always a good investment because an up-to-date bathroom makes your home look like it’s been kept in good repair, and that’s what all prospective homeowners are looking for.

However, do not try to personalize the bathrooms too much or spend megabucks trying to turn them into ultimate home spas. Your home is a valuable asset, and you want to treat it respectfully whenever you remodel. In other words, think twice about adding a pricey imported soaking tub or three separate shower stalls for your growing family’s convenience. Those renovations might not fit the taste of a buyer 10 years down the road. If that happens, the money you spent on your bathroom renovation is down the toilet, so to speak.

Selling something? Maybe trying to sell your house? Here is the first of our top 5 projects to boost your home’s value for resale.

Have you already decided to move rather than remodel but you still find yourself thinking abut remodeling anyway to make your house more appealing to would-be buyers, cut the time it takes to sell it and maybe even get more cash in hand when you sell? Well while you’re expanding, why not tuck in a new master bedroom suite above the addition? You’ll get all of your money back when you eventually sell your house, right?

Not so fast. While many home-remodeling projects are a great way to add value to your home, not all of them are ironclad cash-back guarantees. Before you invest a significant amount of your precious home equity into remodeling projects, it’s wise to do a little homework on what kind of payback you can expect for various home projects in your area. A good place to start is the Cost vs. Value report published annually by the National Association of Realtors, or NAR, and Remodeling magazine. The report provides a synopsis of the top projects, the average costs of the projects and their average rate of investment return at resale. It also gives you a city-by-city guide on what various home projects will pay back at resale. Real estate experts caution that these numbers can differ significantly depending on your state, city or even neighborhood. So use these numbers as a starting point, but consider getting the advice of a Realtor and/or remodeling contractor before you commit to a big home project. These experts can familiarize you with remodeling payback figures tailored to your state, city, or town.

Our first suggestion in the list of the top five projects to boost your home’s value for resale is to do an upscale siding (new fiber cement) replacement. Here is what you can expect this project to cost and yield:

Estimated job cost: $10,393 for 1,250 square feet
Average payback: 103.6 percent of cost
National average resale value: $10,771

Siding makes a huge difference in a house’s resale value, because it’s one of the first things you see. It really defines the condition of the home.  If other houses around you have old aluminum or vinyl siding and your siding is nicer and newer, buyers will notice you. With this project, you make your house more attractive — you’re not just improving your insulation value.

Next up on out list is a mid-range bathroom remodel but that will have to wait until the next time we meet here.

Why spend a bunch of money if you don’t have to? Why spend a bunch of time cleaning something if you don’t have to?

We do not know anybody who likes cleaning rain gutters on their property. It’s time consuming and often, frankly, completely nasty, especially if you do not keep up with it on a somewhat regular basis. If you are like many homeowners and think “I’ll take care of that next weekend”, you could end up with massive clogs in your gutters and downspouts…clogs which will cost hundreds of dollars to repair because you have to call a gutter professional to come out, take down your downspouts, clean them out and put them all back together. Instead of spending all of that time and money, why not just install a gutterbrush gutter guard system?

The original gutterbrush simple gutter guard will save you time and you won’t have to worry about costly clogs in your downspouts. The product looks like a giant pipe cleaning brush and it sits in your rain gutter channel and acts as a barrier for leaves, twigs, seedpods and other debris while still letting water pass through freely and out the downspout.

Installation is simple and fast. The most difficult part is climbing the ladder up to your roof to set the original gutterbrush down inside of it. But that’s it…you’re done! More importantly they are easy to clean if you ever need to do so. All you have to do is climb back up that pesky ladder; pull the brushes out, remove the debris and put them right back into place.

Why spend a bunch of money if you don’t have to? Why spend a bunch of time cleaning something if you don’t have to? The original GutterBrush is very affordable and you can install it yourself in about an hour and a half and it lasts all year (studies have proven they can also keep your gutters from freezing in the winter). Sounds like a win-win situation to me.

Don’t be fooled by imitations that are manufactured outside of the USA using sub standard materials. Insist on the original GutterBrush Simple Gutter Guard!

We need more door to door cheese salesmen like James L. Kraft to help the struggling economy.

Throughout history somebody comes up with a novel idea and, for whatever reason, it fails perfectly. Then, almost without fail, somebody else takes arguably the same concept, turns it inside out or repackages it, and boom, a huge breakthrough that achieves notoriety, success, and usually some significant financial reward. But most of us go through life thinking of success as a sort of supernatural event, a preordained occurrence that only happens to certain people. However, this is simply not the case.  We look at the careers of Albert Einstein, Warren Buffet, Michael Jordan, and Bill Gates as if that sort of thing can never happen to us. We are incorrect.

Surely those are tough acts to follow but even these individuals are mere mortals who likely use their mouth to drink the way most of us do. The fact is that the vast majority of successful ideas, people, and companies don’t occur as magically or spontaneously as one might imagine. Here are five common ways in which relatively small changes can produce major breakthroughs:

  1. Timing. Reintroducing an idea when conditions are more favorable.
  2. Opportunity. Capitalizing on another’s idea because they couldn’t, for whatever reason.
  3. Perspective. Looking at the same thing differently, i.e. turning an idea on its side.
  4. Standing on the shoulders of giants. Adding a relatively small component to the great works of others.
  5. Luck. Just plain luck.

Einstein was indeed a genius but he did not just bang out a few equations to come up with E=MC2. He developed this maxim of the notion of matter and energy being related in some way by using conclusions and data that had been around for some time. The difference, was that Einstein had a passion for light. It was actually his notion of the invariance of the speed of light that led to the special theory of relativity and then to E=MC2. More than anything, Einstein had a unique perspective. He saw the same things others saw, but he saw them differently and the rest, as they say, is history.

Johannes Kepler, whose laws of planetary motion are famous, actually came very close to deriving the theory of gravity more than 50 years before Isaac Newton’s Principia Mathematica. Unfortunately, Kepler was a crazy, a religious zealot, often ill, and lived in a politically and religiously charged era. He had a lot working against him. Not to diminish Newton’s role in discovering universal gravity, but he definitely stood on the shoulders of giants, as others later stood on his.

Moving on to the business world, if you explore the origins of famous companies, you’ll find that most of them had anything but grandiose beginnings, and they often began as one thing and ended up as another:

  • The first McDonald’s was a hot dog stand
  • Nokia was initially a paper mill
  • Sony began as a radio repair shop
  • James L. Kraft, founder of Kraft Foods, sold cheese door-to-door
  • Toyota originally made looms

The point is that great inventors, leaders, and companies aren’t like step functions in real life. They don’t go from zero-to-great in a heartbeat. More often than not, they stand on the shoulders of giants, see things a little bit differently, or benefit from timing, opportunity, or luck.

Mow your lawn? How about you mow my lawn!

Do you have trouble starting your lawnmower up in the spring? Before deciding to take your lawnmower in for repair, try these few simple suggestions. After completing them most of the time your lawnmower will fire up and run like a champ.

Pull and clean the Spark Plug

Most of the time simply cleaning the spark plug will solve your lawnmower woes. To do this, disconnect the wire attached to the end of the spark plug. Then using a wrench or a Ratchet/Socket, remove the spark plug. If the spark plug is black or wet looking, you have probably found your problem on why the lawnmower is not starting.

Using fine grit sandpaper, sand the top of the spark plug down to bare metal. Make sure you sand all around the edges of the piece of metal (tab) that sits just above the electrode. Make sure that there is a gap between the metal tab and the electrode. If you still have the lawnmower manual and a feeler gauge you can adjust the gap to the specifications. However, if there is a small gap it is probably sufficient for the spark plug to operate correctly.

Make sure the spark plug is free of dust and dry. Then screw it back into the cylinder and connect back the wire to the end of the spark plug. Then try starting the lawn mower.

Check for Oil

Make sure there is oil in the lawnmower and that it is at the proper level.

Check for Fuel

Make sure there is gas in the lawn mower. If you have old gas in the lawnmower and did not put in a fuel stabilizer at the end of the season, replace the gas. If you had drained the gas tank at the end of the previous season, then fill the tank at least half full with new gas.

Check the Fuel Line

Like many of us, at the end of the previous lawn mowing season we turn off the fuel line switch. Make sure it is in the on position. If you have done all of the above and the engine will not fire, then check to see if the fuel is getting to the carburetor. Temporarily disconnect the fuel hose from the carburetor and see if gas pours out. If so reconnect the hose. If not, then check the fuel line. It may be gummed up or the fuel filter is clogged.

Check the Air Filter

Make sure the Air Filter is clean. If it is dirty and oily then replace it. If it just dirty shake it and knock out some of the dust. This may solve your problem; however I would still recommend replacing it.

Clean the Carburetor

First turn off the fuel line. Disassembling and cleaning the carburetor is not as bad as you may think. Usually there is a nut on the underside of the carburetor. Remove this and pull the bottom portion of the carburetor off. Clean the inside of this lower portion of the carburetor and then make sure the float valve moves up and down freely. The float valve is a plastic object about 1.5″ in diameter that hangs down when you remove the lower portion of the carburetor.

Reconnect the lower portion of the carburetor and turn on the fuel line again.

Try restarting the lawnmower. If it still does not work after performing all of these procedures, then take it to a repair shop. However, from personal experience these procedures usually solve the problem.

Sharpen the Blade

Finally, make sure you sharpen the blade. This will ensure you minimize the torque on the engine while cutting the grass. Not to mention, your lawn will get a more even cut.

GutterBrush: Worth its weight in gold?

Probably not. But there is no mistake about what’s in this gold plated vending machineAbu Dhabi’s Emirates Palace Hotel became the first place outside Germany to install “gold to go, the world’s first gold vending machine”. Those in the Gulf region who can clearly afford it can now grab “gold to go”, much like a latte or donuts, from a hotel lobby in the United Arab Emirates. Now when the gold fix strikes all you need to do is find one of these machines and presto, gold! Only one day after its inauguration, the shiny machine attracted many spectators of many different nationalities who had gathered to watch whenever an enthusiast was struck with the urge to splurge on a bar of the precious metal. The gold rates are constantly updated inside the shiny machine — itself gold-plated — in the hotel’s lobby, courtesy of a built-in computer connected to a dealer which sells gold online.

How far we have come from the days of the California gold rush!