text:
AIO PC Reviews
Gaming PC Reviews
Mini Desktop Reviews
Workstation Desktop Reviews
Business Desktop Reviews
Chrome OS Desktop Reviews
Desktop Configurations
Desktop Buying Guide
Desktop Pros & Cons
All in One PC Pros & Cons
Mini PC Pros & Cons
Chromebook Reviews
Mobile Workstation Laptop Reviews
Laptop Pros & Cons
Personal Laptops
Hardware & Technology
Processor (CPU)
Causes & Fixes
Chipset and Motherboard: 4 Differences
By Taylor Swift / November 1, 2022 / Motherboard
Most people are not aware of the difference between a chipset and motherboard and use these words interchangeably. However, it is utterly wrong. There are quite a few significant differences between these two as it is clearly pointed out in this article.
If you go through it you will know them and even a few other vital aspects of a chipset and a motherboard to make a proper comparison between the two to determine which is more important to have in a computer.
The motherboard is a specific type of Printed Circuit Board but a chipset is a permanent fixture of a motherboard and is a kind of an Integrated Circuit.
The chipset connects the most vital components of the computer to the motherboard directly but a motherboard connects all the components of the computer system.
The motherboard draws the power to operate from the outlet but the chipset draws the power from the motherboard.
The 4 Differences Between Chipset and Motherboard
4. Power
Which is More Important – Chipset or Motherboard?
The motherboard is a type of a Printed Circuit Board or PCB.
On the other hand, the chipset is a type of an Integrated Circuit or IC found on the motherboard.
The motherboard connects all the components of a computer system.
On the other hand, the chipset connects the CPU, memory and the peripheral devices to the motherboard.
The motherboard facilitates communication between all the components of the computer and transfers data between them.
On the other hand, the chipset helps in transferring data among the processor, memory and peripheral devices.
The motherboard typically draws the necessary power for it to operate from the outlet and distributes the same to the chips and circuits.
On the other hand, the chipset draws its power from the motherboard which is then utilized to power up the CPU.
Read Also: Integrated & Non Integrated Motherboard: 8 Differences
In simple words, both are important but that would depend on a few specific conditions and what you exactly want from your computer and looking for in your motherboard.
For example, if you simply want a basic motherboard that will allow you to install a CPU and RAM easily, then the chipset or its quality may not matter much.
On the other hand, if you want to make the best out of the overclocking capabilities, then you will need to use a motherboard that comes with a good chipset.
Therefore, the best answer to your question is: Yes and no.
Well, if you are still confused, here are a few other facts that will clear all your doubts.
The main difference, as said above, is that the chipset is nothing more than just a group of chips or circuits.
It alone cannot make the computer work. In order to run a computer, it will need other components as well such as:
CD or DVD drive
TV tuner cards and
USB ports.
And, all these components, including the chipset itself, are connected to the motherboard either directly or indirectly.
In short, it can be said that the motherboard is that component that holds anything and everything that a computer needs to perform.
So, that makes it quite obvious that the motherboard is the main board of the computer system that runs the computer forming the central nervous system or base on which the brain of the computer, the CPU, is built or works.
At first, a motherboard was designed with a lot of diverse types of microchips, and they still do.
A motherboard has a processor, audio card, video card and a lot of other chips as said earlier.
However, over time, in order to keep things simple and more streamlined, the microchips combined them all so that it needed only one slot instead of many.
Read Also: ATX & Micro ATX Motherboard: 5 Differences
These combined chips are termed as Integrated Circuits or chipsets.
Yes, the chipset is also quite important because it manages the communication and data flow between the important components of the computer and also makes sure that everything is smoothly transmitted.
The chipset typically performs like a traffic controller. It ensures that the information and data goes where it needs to go efficiently and quickly.
Therefore, it is the efficiency and speed of the chipset that will determine the eventual performance of the computer.
The faster the chipset is, the more improved the performance of the computer will be.
And, if the chipset is more efficient it will also have a significant positive effect in power management and help significantly in reducing heat generation.
However, when it comes to the inner workings of the computer, it is the motherboard and not the chipset that will have a direct impact on it and the overall performance of the computer system as well.
There are a lot of factors that will affect the performance of the motherboard such as:
The quality of the components installed in it where better it is, the better will be the performance
The layout of the motherboard
The BIOS or Basic Input Output System which controls the motherboard and its settings
The overclocking potential where better it is, the more stable will be the performance and finally
The support and regular updates provided by the manufacturer.
That is why you will see that the boards with different chipsets that are supposed to offer similar performance do not do it in reality.
This is because they will handle specific tasks differently due to the difference in their features of the chipsets installed in them.
Therefore, you must ensure that when and if you are looking for a new motherboard, you pay very close attention to its chipset.
Read Also: Balanced Technology Extended (BTX) Explained
Make sure that one is compatible with the other. If it is not, it will cause issues such as slowdowns and others.
Therefore, this is one vital aspect that will determine its capabilities and its eventual performance level.
However, do not get caught up too much in the details.
Simply focus on a reliable brand and choose a board that comes with all the features that you need for your kind of jobs.
You will be fine that way. As long as you choose a reputable brand and pick a board with the features you need, you'll be fine.
Remember, you will not be able to upgrade a chipset and therefore you will need to make sure that the sockets on the motherboard fit the CPU well and the chipset is compatible with the CPU.
This is because different CPUs may support specific types of chipsets.
Therefore, yes, a chipset is essential as it decides the compatibility of the motherboard but still it does not replace the motherboard.
That makes the motherboard quite a bit more important than the chipset.
Now, after going through the article, you know that the motherboard and a chipset are quite different from each other.
While the former is the main circuit of the computer, the latter is a part of it. However, both can affect the overall performance of the computer.
About Taylor Swift
Taylor Swift, a UOPEOPLE graduate is a freelance technology writer with in-depth knowledge about computers. She loves to play video games and watch movies when she has no writing assignments. Follow Her at Linkedin
View all posts by Taylor Swift
What is Printed Circuit Board (PCB)? Function, Types & More
What is Computer and Its 25 Major Uses?
What is Ray Tracing? Uses, Advantages & More
9 Best Graphics Card Brands 2022
What is Haswell Processor? Features, Generation & More
Types of SIMMs & Their Pin Configurations
As an Amazon Associate we earn from qualifying purchases. Learn more
What is Free Space? (Explained)
What is fdisk? (Explained)
What is File Allocation Table (FAT)? Types, Uses & More
What is exFAT? (Explained)
What is Exabyte? (Explained)
eComputerTips.Com is a participant in the Amazon Services LLC Associates Program.
Copyright © 2023 eComputerTips


text:
The Office of the Legal Adviser provides legal advice and support to the Director-General, the Divisions and Branches of the Secretariat, and States Parties on a wide range of legal issues. In doing so, the Office ensures that the Organisation's activities are conducted in accordance with the Chemical Weapons Convention (CWC), and relevant rules, policies and agreements.
The primary responsibility of the Office is to assist in the interpretation and implementation of the CWC, the decisions and rules of procedure of the policy-making organs, the internal legislation of the Organisation, and various sources of public international law.
The Office advises on commercial matters, the development of new internal administrative policies and procedures, and personnel-related administrative issues. Its legal services include assistance in drafting, reviewing, and negotiating international agreements and interpretation of the Headquarters Agreement between the OPCW and the Host Country.
The Office defends the OPCW against claims arising from its activities.
Johan Rautenbach
Legal Adviser

redpajama_set_name: RedPajamaCommonCrawl


Years ago starting anything new past 40 years of age was unheard of. The over 40 crowd didn't dare test the waters of anything new and different. One might hear discouraging things like "Act you age," and "Why start now?" muttered to those with higher aspirations for self-improvement.
These days it seems that 40 is not only the new 30, but possibly the new 20. More and more individuals of all ages have taken up the iron game as a part of their deposit on a longer, more quality-driven life. Strength training in general has come to the forefront as an integral part of a whole-body plan for a stronger and more balanced physique, both functionally and aesthetically.
If you're over 40 and have read this far, let's explore the ins and outs of starting a weightlifting program for the first time. On your own, scouring the interwebz for accurate information is a daunting task in and of itself, but pair that with the plethora of "broscience" and misguided information for 20-somethings, and you'll want to quit before you start.
So have a seat, clear your mind, and let me take you through this one step at a time.
The first order of business is to establish expectations. These are closely related to goals, but since you're starting a program a bit later than most you may need to know about a few key points before starting.
There are two general categories for the over 40 lifter. One is where you don't have years and years of wear and tear on your joints with years of lifting. Yes, lifting weights is a good thing, but in our youth we tend to learn as we go and ingrain certain principles into our programming that can result in pulls, tears, and other injuries. In other words, young lifters tend to lift too much weight, too often, and without much attention to injury prevention. They beat themselves up at a young age and more than likely carry on these bad habits as they get older. The bottom line for this category is you don't have all that wear-and-tear, and you're in decent shape.
The other category is where you find yourself in the state of the stereotypical 40-year-old: you're a bit overweight, sedentary, have perhaps a few health concerns and (likely due to those factors), have achy joints.
Whichever category you fit into, taking up weight training will be a new and interesting journey, replete with new levels of soreness and physical as well as mental challenges. And in either case, success will come by simply paying attention to the advice below that best applies to where you are in life right now.
No, at 40 you can't just walk into the gym, slap some weight onto the bar and lift away. You will need to practice a general warm up, a dynamic warm up, and a more specific warm up. You need to fill the muscle groups or area with blood and get your joints pliable. Think of it as priming an engine before starting.
Practice doesn't make perfect. Perfect practice makes perfect. Learn the lifts, use textbook form, and aim to improve technique with each and every rep and set. Think of every workout as an opportunity to practice and improve. Don't rush training.
At first you will experience rapid increases in strength, but not much else. This is your nervous system adapting to the new stress. It's a survival mechanism that protects the body in case you need to call upon that strength later. Body reshaping and muscle building will eventually happen. It may come slowly, but with enough consistency will become a reality.
As you age your metabolism will naturally slow. In turn, this will also slow your rate of recovery between workouts, fat burning, and muscle and strength gains. Do not despair. If you adhere to a solid plan, you will be ahead of the average 40-something. You can still improve your rate of recovery and progress.
It's somewhat commonplace to become a bit obsessed with the new changes and challenges. But all that time and energy spent posting pics, talking shop, and constantly checking progress can hamper your life outside of the gym. Stay grounded. Train when it's time to train then leave it at the gym.
Just because your 40 doesn't mean you should look at your experience with a handicap. This isn't golf. If you're just starting out, think of your journey as one of pure progress. Work to be better every day. You're not living someone else's life. Work with what you have—worrying over the rest is useless.
Finally, what you put yourself through day-in and day-out shouldn't be a grind you dread. It shouldn't feel like work. Look forward to training, the challenges that lie ahead, and aim to be better each and every day. Find joy in everything you do to improve yourself.
Training over 40 doesn't relegate you to "fitness" level or "just getting in shape" crowd. There's no reason that you couldn't set your bar high and reach for peak performance. Everything is relative. When it comes to weightlifting, a myriad of benefits will have a compound effect. More muscle means a better metabolism; a better metabolism means more fat burning; and more muscle and less fat means a healthier body, improved mood, and more productivity.
Don't feel like you have to be categorized as an old guy (or gal) in the gym. Take the challenge and do the best with what you have. Besides, 40 isn't old.
Of course, it goes without saying that you will need to modify your training to fit your unique state of health, training availability, and ability. But let me reiterate that just because you're 40 doesn't mean you should lift light, use only machines, and circuit train exclusively. You should be able to perform any and all exercises within your abilities safely and effectively.
Barbell training provides some of the most effective means of developing muscle and strength. The barbell enables you to use as much muscle as possible by performing compound movements (using more than one joint during a lift). Bench presses, shoulder presses, rows, squats and deadlifts are all great exercises that work the entire body. But a word of caution: Don't get caught up in putting too much weight on the bar. You will tempt injury and potentially be out of the gym as quickly as you came in.
Often overlooked and/or downright ignored altogether, unilateral training (single limb training) is one of the so-called "secrets" to training success. By using one limb at a time you can increase coordination, shore up weaknesses, and tap into new ways to stimulate growth and strength. For example, a single leg squat with your rear foot on a bench behind you will decrease the load on your spinal column, challenge your balance, and isolate each leg so one doesn't overpower the other during the lift.
Before you scoff and stop reading hear me out. Machines have their place in any training program. Whether it's to help work around an injury, finish a muscle group at the end of a workout, or simply something new, machines have advantages if used correctly. Yes, functionally speaking a squat gives you more bang for your buck than a leg press but if you're specific structure makes squats difficult then the variety of leg press machines might just be your answer.
Many gym-goers like to relate the weight on the bar with rep ranges. For example, a heavy workout may consist of a rep range of four to six reps while a light workout may be in the 12 to 15 range. Although this is a fine practice, I would like to propose that you stick with whatever rep range that is comfortable and safe, and gauge intensity more from an effort standpoint. Reaching momentary muscular failure within any rep range should be the goal instead of thinking of a certain weight as heavy or light.
With the above point in mind, it may be a good idea not to go too deep into the lower rep ranges. Too much volume of single, double, and triple-rep sets will eventually wear out joints and force your body into overtraining and fatigue. As long as muscular failure is reached with most sets your rep range can be a bit higher to circumvent injury.
The weekly frequency of training is a long forgotten principle when it comes to the average weight trainer. Programs of one body part per day once per week have spread across gym circles and taken as law. The fact is, the more frequency you undergo the more opportunity for progress. However, with a slightly "different" metabolism than the youngins', you will have to pay close attention to intensity, recovery times, increases in strength, etc.
As stated earlier, the interwebz is a wonderful, amazing thing. We have so much information at our fingertips – literally. But this can backfire in a big way. Too much information can cause overload, confusion, and contradictory ideology. This proverbial rabbit hole is tough to climb out of, so I propose a rule of sorts. Whatever you choose to do, do it and only it for at least six months. Don't research, look-up, or ask around for any other programs. Stick to the plan you chose and give it plenty of time. Switching from program to program too often will only stall progress and frustrate the living heck out of you.
What's all this talk about weightlifting at 40 and beyond without a take-home sample program? As the name states, this is only a sample program but a great starting point which includes every point made above and then some.
Perform each workout once per week on nonconsecutive days. For example: Monday, Wednesday, and Friday. Feel free to perform any form of cross training or cardiovascular exercise on you off days. Each session should last around an hour, so pay close attention to rest periods. For warm ups, start with 5 to 10 minutes of light jogging, stationary bike, or any form of your favorite cardio. Next, perform a few sets of jumping jacks, burpees, or box jumps to prime your body. Lastly, follow the specific warm up sets listed for each exercise and use a light to moderate amount of weight.


text:
Friedrich Stein ist der Name folgender Personen:
* Friedrich Stein (Richter) (1811–1868), deutscher Verwaltungsbeamter und Richter
 Friedrich von Stein (Zoologe) (1818–1885), deutscher Entomologe
 Friedrich Stein (Historiker) (1820–1905), deutscher Jurist und Regionalhistoriker
 Friedrich Stein (Rechtswissenschaftler) (1859–1923), deutscher Rechtswissenschaftler
 Friedrich Stein (Maler) (1911–1987), deutscher Maler und Grafiker
 Friedrich August von Stein (1817–1893), württembergischer Jurist, Präsident des Staatsgerichtshofes
 Friedrich Christian Ludwig von Stein (1703–1739), deutscher Gutsherr und Politiker
 Friedrich Georg von Stein (1769–1851), deutscher Offizier und Gutsbesitzer
 Friedrich Ludwig Stein (1831–1912), deutscher Fagottist
 Friedrich Wilhelm Stein (Johannes Friedrich Wilhelm Stein; 1887–1956), deutscher Politiker (Hessischer Bauernbund, FDP)

Siehe auch:
 Fritz Stein

redpajama_set_name: RedPajamaWikipedia


text:
Cardinals swept out of postseason as Nationals win Game 4
Posted 10:18 pm, October 15, 2019, by Associated Press, Updated at 06:39AM, October 16, 2019
WASHINGTON (AP) - Washington is heading to the World Series for the first time in 86 years after the wild-card Nationals used a seven-run first inning and Patrick Corbin's 12-strikeout performance to hold on and beat the St. Louis Cardinals 7-4 Tuesday night for a sweep of the NL Championship Series.
Quite a stunning turnaround for the Nationals, who went from 19-31 in May -- when there was talk of firing manager Dave Martinez and trading away players -- to the Fall Classic in October. They have won 16 of their last 18 games.
Corbin, a $140 million lefty, became the first pitcher to strike out 10 in the first four innings of a postseason game and earned the win. Washington put up seven runs in the first, all charged to rookie Dakota Hudson, who lasted all of 15 pitches.
Washington gets plenty of time to rest and set up its rotation before beginning the World Series in a week against the Houston Astros or New York Yankees. Houston leads the best-of-seven AL Championship Series 2-1 after winning Game 3 at New York 4-1 Tuesday.
By HOWARD FENDRICH, AP Sports Writer
Filed in: St. Louis Cardinals
Topics: sports, St. Louis Cardinals
Cardinals on verge of elimination following 8-1 drubbing to Nationals
Cardinals wave goodbye to the Braves, win 13-1 in Game 5 triumph
St. Louis Cardinals have plenty of ties to 2019 World Series Champion Washington Nationals
Cardinals shutout in Game 1 of NLCS; lose 2-0 to Nationals
Washington Nationals defeat Houston Astros to clinch first World Series
Cardinals manager Mike Shildt named NL Manager of the Year
Sports St. Louis Cardinals
Ninth inning surge propels Cardinals over Braves in Game 1 of NLDS
Cardinals 'theme tickets' on-sale Wednesday
Cardinals announce schedule for 2020 promotional giveaways
Nationals come out on top in pitchers' duel, Cards fall 3-1 in NLCS Game 2
Key Cardinal questions to answer this offseason after season ends in NLCS sweep
Nationals Strike First in World Series, Beat Astros 5-4 in Game One
Cardinals re-sign catcher Matt Wieters


text:
Think-Realty-Magazine-September-2018
RIGHT FOR "BUDGET RENTALS" 15 MARKETS
3 INDICATORS OF PROLONGED HOUSING HEAT
Tuned In to the Market
HGTV'S KEN & ANITA CORSINI ON REAL ESTATE, REINVENTION, AND BEING ALL IN.
10 REAL ESTATE CALCULATIONS EVERY INVESTOR SHOULD KNOW STRATEGY
MULTIFAMILY EDITION: A GREAT DEAL COMES THROUGH IN THE DETAILS RENOVATION ROCKSTAR
$5.95U.S. ::$6.95CAN SEPTEMBER2018
INSTAGRAM TV & REAL ESTATE: GETTING IN ON THE GROUND FLOOR MARKETING
2 | think realty magazine :: september 2018
Why Renters Warehouse?
We'll help clear your plate. Renters Warehouse takes care of all the hassles of property management for a low, flat fee—so you can live your life instead of managing your properties. • We get you the best rent for your property. • We place high-quality tenants. • We have a dedicated 24/7 property management team. Easy. Fast. Worry-Free. Visit RentersWarehouse.com today!
thinkrealty . com | 3
THINK REALTY 8  How Much Longer Can Atlanta's Hot Housing Market Last? 3 indicators for a prolonged housing uptrend in Georgia's capital city. by Eddie Wilson
10  Out of the Ordinary
Think Realty supplier Barnett offers more than most realize. by Brian Smith
DESIGN POINT 12  Renovation Rockstar (Multifamily Edition): The Park at LeBlanc A great deal comes through in the details. Featured Investors: Mike Becker & Carl Dean, SPI Advisory LLC (Dallas office) 16  Vinyl Flooring Decisions Made in the Field How real investors decide between natural and manufactured materials. by Carole VanSickle Ellis 36  How the Latest Kitchen Cabinetry Trend Could Affect Your Design Decisions STRATEGY 34  10 Real Estate Calculations Every Investor Should Know Understand the math behind every deal. by Andrew Syrios 42  8 Important Factors in a Successful Wholesaling Business Infrastructure is everything, even in wholesaling. by Brad Chandler MARKETING 54  3 Tips for Maximizing Boosted Facebook Campaign Results Social media strategies to optimize your impact on any budget. by Justin Schneider It may be time to reframe your concept of kitchen cabinetry. by Mary Laipple
TUNED INTO THEMARKET
INSTAGRAMTVAND REALESTATEMARKETING Get in on the ground floor of the "next big thing" in social media.
LESSONS FROMMOM
Life, real estate, and saying goodbye.
HOUSING NEWS REPORT 44  An Attorney's Guide to Real Estate Investing
"My Take" article from ATTOM Data Solutions. by Kevin Kim
48  The Home Affordability Treadmill [Infographic] Prospective buyers losing ground even as home price appreciation slows. by ATTOM Data Solutions MARKET BREAKDOWN 56  Development Pipeline Creates Near-Term Risks for Multifamily Key factors for potential market volatility. by Paul Fiorilla
62  Market Trend Spotlight: 3 Indicators of Effective Community Revitalization Spotting economic recovery before the crowd arrives. by Carole VanSickle Ellis 90  Looking Back at Harvey to See Forward in Houston This market is more than just weather. by Brian Spitz THE BIG PICTURE 86  The Worst Mistake an Investor Can Make Fail in this, and investing failure is only a matter of time. by Samuel K. Freshman 92  Investor Spotlight: John Manes & Pinnacle Storage Properties Modern investment strategies optimize a tried-and-true investment. by Carole VanSickle Ellis
HGTV's KEN & ANITA CORSINI on real estate, reinvention and being all in.
by Carole VanSickle Ellis :: photos by Jerry King
SPONSORED CONTENT 67 Investor Review: Residential Edition Top investors and service providers share their insights & latest investing strategies.
WHITE-LETTER MARKETINGBASICS
15MARKETSSTILLRIGHT FOR"BUDGETRENTALS" Affordable rental markets with premium economies.
A 30-year industry veteran shares the secrets behind his marketing.
PUBLISHER R. Michael Wrenn
PRESIDENT, AFFINITY WORLDWIDE Eddie Wilson | EWilson@AffinityWorldwide.com
EDITOR-IN-CHIEF Carole VanSickle Ellis CEllis@ThinkRealty.com
VICE PRESIDENT OF MEDIA SALES Rodney Halford RHalford@ThinkRealty.com 816-398-4111 x86122 NATIONAL SALES MANAGER Teresa Stanton TStanton@ThinkRealty.com 816-398-4111 x86224 CONTENT DIRECTOR Abby Tillman ATillman@ThinkRealty.com DESIGN CONSULTANTS Rivet | www.WeAreRivet.com
MEMBERSHIP PAYS!
DESIGNER Emily Bowers
CONTRIBUTING WRITERS John Alexander, Brad Chandler, Jennifer Jo Cobb, Christy Edgar, Charlie Einsmann, Carole VanSickle Ellis, Paul Fiorilla, Samuel K. Freshman, Bill Griesmer, Sam Jacknin, Kevin Kim, Mary Laipple, Justin Schneider, Brian Smith, Brian Spitz,
We've Added Even More Suppliers & Discounts! As a Think Realty Member, we provide you with the best possible discounts and perks from our industry suppliers so you can focus on what matters most — investing in your dreams and building a sustainable future. We have added the following suppliers to our lineup: Sherwin Williams Floorcovering: While you are boots on the ground, be sure to save money where you walk. Think Realty members receive commercial wholesale pricing on flooring. Realeflow: Save yourself time while you manage a successful real estate investing business with a FREE 30-day trial. Take advantage of access to 1,000 leads a day and plenty of other benefits! Perks for Pros: Easily control and track the spending of your team with our expense-management solution that allows you to remain funded, mobile, and saving more money.
Andrew Syrios, Kristin Weekley, Eddie Wilson, and Ingo Winzer.
COVER PHOTOGRAPHY Jerry King
FOR ARTICLE REPRINTS :: Contact Jeremy Ellis at Reprint Pros, 949-702-5390. www.reprintpros.com. SUBSCRIPTIONS :: The annual subscription for Think Realty Magazine is $28.95 in the U.S. Order online at www.ThinkRealty.com or call 816-398-4085. Provide your full name, address and telephone number. DISCLAIMER :: Think Realty Magazine , its owners, contractors, distributors and their respective representatives do not provide tax, accounting, investment or legal advice and make no guarantee as to the effectiveness or success of any investment or tax strategies discussed herein. Please consult your own independent adviser as to any questions you have or decision you are contemplating. ABOUT THIS MAGAZINE :: ThinkRealtyMagazine isapublicationof AffinityRealEstateMediaLLC.Reproductionoruseofanyeditorial orgraphic,withoutpermission, isprohibited.Wearenotresponsible for thecontentofanypaidadvertisements.Forreprintrights; toob- tainadetailedstatementofourprivacypolicy;and forallsingle-copy requests,addresschangesandothersubscription inquiries:
Login at ThinkRealty.com and head on over to the "Discounts" tab for a full list of suppliers and to activate your savings today!
Think Realty 7509 Tiffany Springs Parkway, Suite 200 Kansas City, Missouri 64153 816-398-4130 ThinkRealty.com Copyright ©2018 Think Realty
FROM THE EDI TOR- IN-CHI EF
It's All About Location, and It's an Honor to Be Here
'm not the first, or the fifth, or the 500th (most likely) to
very worth it. We received literally hundreds of nominations across all sectors of real estate. Those submissions were touching and highly illuminating. For example, I now know who will answer the phone and help me with a deal even if he is on his honeymoon. The examples of real estate investor gener- osity with capital, network connections, time, and knowledge would be astounding to someone outside of our industry and will be humbling to those of us already in it and aware. In this issue, as in every issue, we talk strate- gy, analytics, economics, and investment tactics. We're so honored to have Ken and Anita Corsini share their 15-plus years of experience with us in this issue, and our expert contributors have been busy explaining practicalities like picking flooring and how to know if a tenant is really going to pay their rent. But before you read anything else, please take a look at page 26 and give our 2018 Think Realty Honors finalists and yourself a great big hand. In an industry that's all about location, we're honored to stand beside you on your real estate journey. •
tell you in real estate, it's all about location, but I do want to be the first to say to you as you read this issue of our magazine that it is an honor and privilege to be with you in this location, in this issue, today.
As the editor-in-chief of Think Realty Maga- zine , one of the best parts of my job is my daily interaction with dozens of real estate investors and industry professionals eager and willing to share information, perspective, strategy, and in- sight. There is no industry quite like real estate. No other population of professionals so innova- tive, so creative, so generous, so dedicated, and, yes: so very stubborn. It is an honor to be with you, here, in this industry where so many unique- ly brilliant minds work, develop, and thrive. It's a particular honor in this issue of the magazine because our September issue features our finalists for Think Realty's annual industry awards: The Think Realty Honors. 2018's awards process was, in a word, arduous. However, just like working your way through that purchase- and-sale agreement for the first time, it was so
CAROLE J. VANSICKLE ELLIS, EDITOR-IN-CHIEF
MARKET BREAKDOWN
HowMuchLongerCanAtlanta'sHot HousingMarket Last?
3 INDICATORS FOR A PROLONGED HOUSING UPTREND IN GEORGIA'S CAPITAL CITY
by Eddie Wilson
T his past July, Atlanta, Georgia's housing market posted a historic high when the metro area's median home price exceeded a quarter of a million dollars for the first time in history. Where does this latest real estate benchmark leave Atlanta-area investors? To answer this question, we must examine not just the latest market statistics, but some broader geographic and economic indicators:
INDICATOR # 3 COST OF LIVING CONTINUES TO BEAT OTHER AREAS OF THE COUNTRY: Atlanta continues to be one of the most affordable major metro areas in the country, thanks to the many suburban areas just outside the city itself that offer easy access and a relatively low cost of living. Particularly for companies relocating from elsewhere, Atlanta housing prices and cost of living are extremely reasonable and attractive.
INDICATOR # 1 EMPLOYMENT TRENDS & TYPES:
INDICATOR # 2 HOUSEHOLD AND HOUSING CREATION:
The Atlanta-area economy is incredibly diverse with healthy subpopulations working in professional and business services, education and health services, government employment, and trade, transportation and utilities. Job creation is steady and local universities attract and cultivate STEM talent.
The Atlanta housing market still has the physical space for more inventory. Thanks to relatively low costs for labor and construction in the southeast, suburban markets are playing a key role in single- and multi-family development, with commuter-friendly areas experiencing rent growth and new construction. There are many opportunities for investors to buy low, add value, and either sell or rent high.
IS THE HEAT STILL ON, AND FOR HOW LONG? My Conclusion: The market is still hot and shows no signs of slowing down. Areas that were suspect a few years ago are still experiencing huge growth, such as College Park or East Point. The northern suburbs are predicting double-digit growth over the next 2-3 years and remain the most affordable in the country. With population growth, housing expansion, and job growth, I think the Atlanta market is a "must consider" for national investors and a great perk for Atlanta natives that live there and can invest locally.
Eddie Wilson is CEO of Affinity Worldwide, Think Realty's parent company, and a Think Realty coach. Learn more from Eddie at ThinkRealty.com/Eddie.
THINK REALTY
Good Success Community Go-Giver Event Raises Awareness in Gary, Indiana
Think Realty is a part of the Affinity Worldwide family of companies. Here, find exciting news about Think Realty and its sister companies as well as other noteworthy industry news.
Real estate education group Good Success hosted its inaugural Community Go-Giver event in Gary, Indiana, July 25-27, 2018. Good Success president Tom Olson said the event was an enlightening experience for everyone involved, and he hopes that the theme of the event, #flippinggary, continues to gain traction. "This community has all the pieces in place for revitalization and recovery, including great proximity to Chicago, Illinois, and access to all four transport and shipping methods: waterways, trains, interstate highways, and air," said Olson. "It's our job at Good Success (and as members of the real estate investing community) to ask the right questions about our markets and our investments so that we are able to connect, profitably and productively, with solutions for recovery and growth."
National Real Estate Insurance Group has Benchmark Birthday The National Real Estate Insurance Group (NREIG) turned 18 this year, a milestone in an industry that has few tailor-made property insurance options for real estate investors. "Our clients range from individual property investors to large-scale investors, turnkey operators, lenders, property managers, landlords, and rehabbers, and we've grown to operate in all 50 states," observed NREIG senior vice president Shawn Woedl, who is also a Think Realty Coach. Learn more about what sets NREIG apart at NREIG.com and access Shawn's training videos at ThinkRealty.com/Shawn.
Think Realty Announces Honors Finalists
Think Realty revealed its 20 finalists for the company's 2018 Think Realty Honors awards this month. All finalists received invitations to the Think Realty National Conference & Expo in Atlanta, Georgia, on September 22-23 at the Westin Buckhead. Winners are recognized at an awards banquet on September 21.
Learn more about the Community Go-Giver event at GoodSuccess.com or learn more about investing in revitalization on p. 62.
Learn more about Think Realty's 2018 honors finalists on p. 26.
Don't miss our upcoming events!
September 22-23, 2018 | The Westin Buckhead Atlanta THINK PURPOSE : Investing with Impact ATLANTA
Think Realty Conference & Expo - Dallas February 16-17, 2019
THINKREALTY MEMBER BENEFITS
Out of the Ordinary THINK REALTY SUPPLIER BARNETT OFFERS MORE THAN MOST REALIZE.
by Brian Smith
hen you hear the words "fix-and- flip" or, as I usually hear it at work, "flip" (sometimes with an unprintable adjective thrown in there as well), you probably immediately think of beginnings and endings. If you're like most people, you think about the beautiful finished product of a cash-flowing rental or a re- tail-ready property ready to list. Then, you likely imagine the "before" photos, which are not as pretty but are still full of hidden potential. If you are a real estate investor, though, it's the space between the begin- ning and the end that really counts and, in most cases, will make or break your deal. WHAT GOES IN "THE MIDDLE?" The "middle" of a real estate deal, at least when it is a fixer-upper or a flip, is the most important part of the equa- tion. Here are just a few of the things we find fall in the middle – and sometimes through the cracks – when we work with real estate investors: THE BIG STUFF The "big stuff " includes HVAC com- ponents, doors, flooring, and appliances. W
While very few investors overlook this "big stuff," a lot of them do miss the opportunity to improve their margins by ordering it through a connected supplier that orders in bulk and, as a result, can offer lower prices even on smaller orders. WINDOW DRESSING According to Remodeling Magazine, replacing the windows themselves can yield returns of 80 percent or more. If you don't want to do that, howev- er, just installing clean, fresh window treatments, like mini-blinds, can help a home feel move-in ready. Many investors do not realize these, too, can be purchased at a discount, delivered to a vacant property for a fast installation, and even ordered via mobile app with some materials providers. THE INVISIBLE STUFF We do not refer to this stuff as "the small stuff " because some of it is not necessarily small. Instead, it is invisible and therefore sometimes overlooked or forgotten. This category includes big things, like pipes and plumbing, and truly small things, like fixtures and hardware.
PUTALLYOUR "STUFF" IN ONE PLACE
Most investors do not realize that some materials suppliers actually can coordinate delivery of all of these categories of "stuff" and, additionally, may even offer coordi- nated ordering and inventory if your busi- ness is large enough. Think Realty supplier Barnett, a Home Depot company, not only offers all of these options to investors on all scales, but also provides access to multiple discount opportunities through Think Realty's Supplier program. •
Brian Smith is Barnett's national sales manager, and Barnett is a The Home Depot company.
Think Realty members save an average of 15-25% off retail pricing on many of their flipping supplies. Learn how at thinkrealty.com/supplier-discounts.
10 | think realty magazine :: september 2018
thinkrealty . com | 11
RENOVATION ROCKSTAR
MULTIFAMILY EDITION
Exterior after Photos courtesy of Brandroids Media
The Park at LeBlanc A GREAT DEAL COMES THROUGH IN THE DETAILS.
by Carole VanSickle Ellis | Featured investors: Mike Becker & Carl Dean, SPI Advisory LLC (Dallas office)
aking over a 168-unit apartment complex is no simple task, even when you have more than a dozen deals under your belt. When Michael Becker, Principal at SPI Advisory LLC in Dallas, Texas, first encountered The Villas at LeBlanc Park (part of the renovation included a new name), he took a close look at the details before taking on the project. "Fortunately, the deal was off-market from a broker who already knew us as a solid buyer," said Carl Dean, an as- set manager for SPI who was involved in both the physical renovation of the property and the operations "upgrade." He added, "We were able to identify a number of issues that would allow us to add value to the property by making some changes, including management issues, deferred maintenance in the common areas, and outdated units leased under market rates. We saw the property had close proximity to a high-end shopping center with lots of employment and a number of close comparable properties that had recently been renovated and brought up to market and believed we could compete with this property." Once the property was purchased, he said, "We just had to execute." Part of execution on this type of project involves something difficult: waiting. Dean reported the investors decided to up- grade about 40 percent of the units in the building in order to judge how effective the upgrades were and maintain leasing momentum during the renovation.
COST BREAKDOWN:
In-place rent at purchase: $0.92/square foot
In-place rent (estimated) at end of Y3 based on current performance: $1.14/square foot
Approximate rent increase: 24%
Approximate Net Operating Income (NOI) increase: 40%
Timeline for first subset of units: September 2017-April 2018 (common area items) April 2018-June 2018 (unit upgrades) Note: The investors used the winter months when most units were occupied to renovate the common areas, then shifted to units as they became available.
Renovation Budget: $756,000
Funding: Fannie Mae/Hunt
The exterior of the property was in relatively good condition, so the investors put on a new coat of paint and installed "cedar extended backyards" on the ground floor units.
Pool after
Pool before
New furniture, paint, and a resurfacing job made the new pool at the Park at LeBlanc sparkle.
Sign after
Sign before
Modern signage and a name change refreshed the property's curb appeal.
RENOVATION NOTES & NUMBERS
lender-required repairs $29,000
interior upgrades (60 units at $4,000/unit) $240,000
pool resurfacing and furniture $25,000
office remodel $70,000
cedar extended backyards $60,000
INVESTOR WISH LIST:
exterior paint $75,000
Although the pro- cess is going well so far, Dean admit- ted there are always things that stay on the wish list when an investment is underway. "In the future, I would consider adding a package locker system, a new perimeter fence stained to match the wood through- out the facility, and a Tahoe-col- ored pebble-tech liner for the pool to make it look similar to a lot of the newer, class-A pools in the area."
new signage $25,000
dog park $10,000
carports $30,000
landscaping foundation roofing deferred maintenance REMAINDER
14 | think realty magazine :: september 2018 august 2018
Kitchen after
Kitchen before
Completely upgraded kitchens with brushed nickel fixtures, new cabinet doors and hardware, and glazed countertops gave the upgraded units a modern feel. The ghost-wood grey vinyl plank flooring contributes to the stylish, modern look while retaining the advantage of being low-maintenance. Investor's Note: Because the group opted to rehab about 40 percent of the units, they have several options for the investment after tracking performance of the upgraded section: "We can either refinance and raise more capital to do the remaining units or list the property with our strategy and some meat on the bone for the next owner," Dean explained.
Dog park before
After reviewing the demographics and preferences of their target residents, the investors decided to replace the facility's simple playscape with a dog park. "In today's market, many people are dog owners, so adding a dog park has always helped us expand our tenant base," said Dean. "In the case of The Park at LeBlanc, there is a large municipal park in the lot next door with all the bells and whistles a kid could wish for, so the decision to demo the old and outdated playground was a no-brainer." •
Dog park after
DESIGN POINT
FLOORING OPTIONS
Vinyl Flooring Decisions Made in the Field HOW REAL INVESTORS DECIDE WHAT RESIDENTS AND BUYERS WILL WALK ON.
by Carole VanSickle Ellis
LUXURYVINYL PLANK "We install luxury vinyl plank in our brand-new homes and our renovated turnkey properties. The look is appealing to our residents and vinyl's durability and low costs of maintenance and replacement appeal to our investors." – James Wachob, Memphis Investment Properties
or investors, flooring decisions are largely practical and revolve around return on investment (ROI) at the point of resale and maintenance prevention during ownership of the property in question. As technology improves, what used to be a relatively simple question (carpet or hardwood?) has evolved into a much more complicated discussion thanks to the evolution of vinyl flooring. Here, we break down the basics of vinyl flooring and how it compares to that classic flooring, hardwood, with insights from some of the highest-volume and most successful real estate investors, rehabbers, contractors, and builders in the country. WHAT ISVINYL FLOORING? Vinyl flooring, or sheet vinyl, and luxury vinyl plank (LVP) are made from colored polyvinyl chloride (PVC) chips formed into solid sheets and installed onto smooth, leveled sub-floor using special adhesives or mortars or using a click-lock system. "For rentals, luxury vinyl tile (LVT) or luxury vinyl plank (LVP) is best by far for durability and ease of replacing only a specific damaged section – if it ever damages." – Bryan Blankenship, Ohio Turnkey
PROS • Extremely durable • Moisture-resistant • Lots of design options • Easy to replace partial sections
CONS • Does not absorb sound • Health & safety risks associated with falls and slipping, which are the leading causes of workplace injuries Cost of Installation: Sheet Vinyl & Luxury Vinyl Plank The cost of vinyl plank flooring runs the gamut depend- ing on materials and type of installation. For this reason, we
distinguish between sheet vinyl, which is the least expensive option in this category but must be replaced completely if damaged, and LVP, which is more time-consuming to install and more expensive than sheet vinyl. LUXURYVINYL PLANKVS. HARDWOOD FLOORS Hardwood floors have traditionally been considered the height of beauty and luxury in flooring. However, modern technology is rendering high-quality LVP nearly indistin- guishable from hardwoods, making the advantages that come with LVP more accessible even in high-end homes where historically hardwood floors would have been the only design option. LVP installation and materials cost a fraction of that of hardwood, require very little upkeep, are moisture-resis- tant, and offer a "green factor" (they are recyclable and often made from recycled materials). This leaves marketability as hardwoods' main benefit to the investor. COST OF INSTALLATION: HARDWOODS The price of hardwood flooring varies widely from $3-$6 on the low end (pine) to $5-$10 for mid-range woods (oak or teak) to more than $14 per square foot on the high end (tiger- wood or mahogany). Installation costs alone are as follows: Typical range for home installation: $2,543-$6,493 (HomeAdvisor.com) National average: $4,396
SHEETVINYL
$.50 - $2.00 per square foot for materials (HomeAdvisor.com) $3.00 - $4.00 per square foot for installation National average: $1,098
Note: you may need to factor in additional money for old flooring removal and disposal. (Porch.com)
$2.50 - $5.00 per square foot for materials (HomeAdvisor.com) Installation ranges from $1,500 - $5,000 (national average)
Note: different types of LVP come with different types of finishes both protective and ornamental. The cost of the finish may not be included in the cost of installation and materials. •
KEN & ANITA CORSINI
IN TO THE MARKET
BY CAROLE VANSICKLE ELLIS PHOTOS BY JERRY KING
IT'S AMAZING TO THINK BACK ABOUT THE MARKET CYCLESWE'VE BEEN THROUGH. 2005WAS A SCREAMING HOT MARKET, THEN 2008 BROUGHT IT TO A SCREECHING HALT. WEWERE ABLE TO THRIVE IN THE DOWNTURN, BUT ITWAS MAINLY BECAUSEWE HAVE ALWAYS BEEN ABLE TO QUICKLY CHANGE STRATEGIES."
KEN CORSINI RED BARN HOMES
w hen Ken and Anita Corsini first entered the world of real estate in 2005, the scene was very different than it is today. "It's amazing to think back about the market cycles we've been through," Ken recalled. "2005 was a screaming hot market, then 2008 brought it to a screeching halt. We were able to thrive in the downturn, but it was mainly because we have always been able to quickly change strategies." "Every couple of years we see the market is doing something new, reorient ourselves, and implement new strategies to be successful," Anita added. "I think they could re-make that sci-fi movie, Adaptation , about us and real estate!" NOTNEWBIES, BUTNEWIDEAS The couple, perhaps most widely known for their hit television series, Flip or Flop: Atlanta on HGTV, is not nearly as new to real estate as they are to television. The two bought their first house, "right out of college" as Anita said, when they were both 23 years old in 2000. Less than two years later, they purchased two acres and began building the home of their dreams. "From building retaining walls to laying secondhand hardwood flooring and pouring our own driveway, we learned a lot about homebuilding," Ken said. When the house was done, they had three very important results: their "very own slice of heaven on two acres," an investment property in the form of their first house, and an appreciation of the potential for their future that lay in real estate. Also, on that slice of heaven sat a red barn that served as an incubator for their current real estate business, Red Barn Homes, for the next four years. In 2005, Ken departed a corporate job to invest in real estate full-time. Anita left her first passion, teaching A.P. calculus, in 2007 to officially join him in the business. By this point, Ken had kept his head above water through the worst of the housing crash and "houses were cheap and plentiful
in Atlanta," as he described it. Anita put it a little more bluntly: "The world was our oyster." The two began acquiring distressed properties, fixing them up, installing tenants, and then selling them to investors in the first manifestation of the turnkey model. That model continued to evolve over the course of the next seven years, only to change when "the hedge funds descended on Atlanta and started gobbling up the inventory," Ken said. "It was time to reinvent ourselves again. Prices were creeping up and you couldn't find deals that made sense for our model anymore, so it was getting difficult." Today, in addition to their central role in the television coverage of their deals all over the Atlanta metro area, the Corsinis have launched a real estate brokerage, Red Barn Real Estate, which has grown to 100 agents in its first year, and are busy running their boutique new-construction business, which launched in 2014. "It really just made sense to make that change," said Ken. "We had to pivot because the market was creating a situation where it enabled us to sell houses retail rather than directly to investors." "Our average rehab right now is hovering [in cost] around $89,000," Anita said. "That's practically like building a new house. Today, our time and energy are best spent selling to retail, but in a year, I might tell you something completely different. The Atlanta market can be tricky. If you stick with the same things you have always done, your opportunities are going to dry up quickly."
mortgage fraud and drastically distressed housing in the area. "It just goes to show you should never say never!" he laughed. "Today, nearly all of our deals are inside the perimeter because there are so many blighted neighborhoods that are turning very quickly and there is also a large inventory of older housing stock. With the huge demand right now from buyers to be close to Atlanta, there is so much interest in that area," he said. One thing that makes the Corsinis' homes stand out from the crowd is Anita's keen eye for going just beyond the norm in both design and staging. Interestingly, she credits her success in this area not just to careful analysis and cost-benefit
STRATEGY& STORY: TODAY'S FAVORITE IS THE FIX-AND-FLIP
At present, Ken and Anita are focused on properties in the metro Atlanta area (see map on opposite page), which Ken finds amusing since at one point he had sworn off a certain metro ZIP code because of the high incidences of
YOUCANNEVER KNOWFOR CERTAIN WHATTHE FUTURE HOLDS INTERMS OF REAL ESTATE. YOU HAVETOBEWILLING TOMAKE CHANGES, TOADAPTTO IT."
Atlanta residents often refer to I-285 (circled above), which encircles the city, simply as "the perimeter." The area inside the loop may be considered informally as being in the city, while "outside the perimeter" generally indicates the suburbs.
KEN CORSINI
Anita's focus on the "story" in a property helps her design functional, highly attractive living spaces for the properties the Corsinis flip.
equations, but to her love of "the story" behind every deal they do. "You are taking an old house and basically turning it into something new, but the story in the property is still there," she said. An example of this is a 100-year-old tear-down that the two opted, ultimately, not to tear down. "I hated to even let Ken sell that one because I love it so much,"
Anita laughed. The property will likely be featured during the second season of their television series, and it was, in Anita's words, "very dilapidated" at the time of purchase. "Dilapidated is a really nice word for it," she said. "The foundation was literally held up by rocks," Ken explained. To Anita, the deal did not just look good
on paper; it also was intensely appealing from an emotional angle. "When we looked at the property for the first time, we realized we could bring that house back to life in a way. Sure, the house itself is not alive, but its story could be." About $100,000 worth of rehab work later, the property is stunning and the neighborhood is thrilled. "Neighbors and even some of the people who used
2009 Ken starts work on his
2015 Casting director calls
master's degree in building construction and general contractor's license
2014 Launch of boutique new-construction business and shift focus to flipping
2007 - 2014 Focus on turnkey rentals
2003 Ken & Anita start Red Barn Homes
5THINGS KENANDANITAWANTTO SAYTO INVESTORS
before you jump in
Both Ken and Anita spend a lot of time talking to real estate investors, es- pecially new ones. "We actually have certain things we really want everyone to know about real estate investing, that we feel helps kind of frame the con- cept," Ken said. Here are the five things they feel every investor should know (and implement) as early as possible in their real estate investing business:
educate yourself and wait for the right deal. You need to be careful not to have that 'paralysis of analy- sis,' but that's where the partner or mentor comes in." "You need to have that balance," Anita added. "Have two opinions and a backup plan. The great thing about real estate is that you can always fall back on another strategy. When the house doesn't sell the way you expected – and there will be times when it doesn't – then real estate always offers other options and you need to make sure you know in advance what they are." The thing is, if you have memories in a home you grew up in, those memories are valuable. Those are the things you want to hang onto, those diamonds in your life," said Anita. "This house was destroyed and hurt; it was sad. Then we came in and sure, we changed everything, but it brought the house back to life and now a new family lives there and the story continues instead of just being over." THE FUTURE IS FLEXIBILITY Anita may joke about loving a property so much she cannot let Ken sell it, but the two do flip the majority of their projects. However, when the situation is right, they employ other strategies.
studs and framing," Ken recalled. "Our project manager didn't want to touch it," Anita added. "It had a really bizarre layout, just a series of rooms. We figured it was a boarding house of some kind. The upstairs and downstairs were just hallways and bedrooms," Ken said. Despite the strange layout, the property had a great deal of square footage, which is why the two ultimately decided to take on the project. Over the course of the rehab, they learned that the original owner was a grandmother who raised over 100 foster children in the home. Many of them returned when they learned the house had been restored, renovated, and listed for sale. "They couldn't have been more thrilled. 4. Consider working with a more experienced partner or mentor 5.  Work out a viable backup plan for every investment "I remember in the mid-2000s, I just wanted to jump right into real estate so badly," Ken said. "I just wanted to find a deal and do it for the sake of getting started in invest- ing. We're seeing that mindset a lot again now, and it is so important to
1. Be patient
2. Be analytical
3. Decide on your strategy
to live in the house came by to see what we'd done," Ken said. "That restoration and renovation is a celebration of the fact that the house, the story, was saved," Anita added. "Does it look like it used to? Not at all, but the footprint and the story are still there and the property itself is now part of the community's story again instead of being a negative for the neighborhood." "Ultimately, we opted to put that one on Airbnb rather than sell it," said Ken. "It's come a long way from the house some of the neighbors wouldn't even drive past if they could avoid it!" Another favorite story for the Corsinis is a former boarding house they restored last year. "That house was gutted. It was down to
2018 Season 2 of Flip or Flop: Atlanta airs, Corsinis continue flipping and expand new construction
Don't let the timeline fool you. While on the surface it may appear that the couple are masters of that on-a- dime "pivot" Ken described, in reality they are constantly watching the market and monitoring their business' performance. In 2009, Ken saw "the writing on the wall" and returned to school to earn a master's degree in building construction from Georgia Tech and obtain a general contractor's license in preparation for the market today. Anita, who has a master's degree in mathematics, leverages her analytic eye against everything from how her design decisions perform to what the local market is doing in every geographic sector of Atlanta.
2017 Season 1 of Flip or Flop: Atlanta airs, Corsinis continue to focus on flips
DESIGNANDTHE BOTTOMLINE
While investors traditionally are encouraged to remain inside a fairly unremark- able "box" when it comes to design decisions, Ken and Anita like to push the limits in their remodeling designs. "Historically, investors stay neutral because you do not know what a buyer will really like in a house. You use the same materials over and over because they are safe. Buyers know that now, though, and we find that we are nearly always rewarded with a higher dollar amount when Anita goes outside the box creatively with her design decisions on our flips," Ken said. "It's important to remember that you are still an investor, though," Anita added. "You are not designing for a homeowner. You are designing for an imaginary buyer." Here are a few of the Corsinis' design suggestions for investors: "YOU MAY NOT KNOWYOUR BUYER, BUT YOU CAN GET TO KNOWYOUR NEIGHBORHOOD." – ANITA Anita recommends always walking the street of the neighborhood whenever possible. "You cannot just look at a picture of a house if you are going to design this way. You have to get a feel for the neighborhood." For example, the two recently painted a flip an unconventional color, green (as seen below). "That would not have
worked in every neighborhood, but we were working in a neighborhood with a lot of historical charm," Anita ex- plained. "You can't paint a house green if it is located in suburbia and every- thing is brick, but in this location the color made the house look brand new while retaining the historic charm." "ACCENTUATE THE HOME'S CHARACTER." – KEN As it becomes harder to locate new- er homes that fit the parameters for a profitable flip in many hot markets, a lot of older neighborhoods are prime locations for fix-and-flip investors.
"We are always evolving, and this is a prime example," Ken observed. "For example, we recently picked up a whole handful of townhouses. Some of those will definitely play into one of our newer investing tactics: Airbnb rentals." He continued, "We do not maintain a massive rental portfolio, but we do have a number of Airbnbs right now." Ken noted Airbnb is an ideal fit for any investor who is holding a property longer than planned and for investors experiencing shifts in their local markets that may be affecting their planned timelines. "People do not realize you do not need a premier location in order to run a really successful Airbnb investment," he said. "For example, in our area, there are not a lot of hotels and we're not really a big tourist destination, but there are a lot of kids' sports tournaments. People come up here with their families and need a
"Accentuate that old bannister. Build up that old front porch to be the best front porch (see porch and swing staging above) in the neighborhood," Ken said.
"DON'T BE AFRAID TO PUSH THE LIMITSWITH DESIGN." – ANITA One thing that sets Anita's design decisions apart from those of most other investors is that she is willing to push the limits with color, texture, and pattern. "With an investment property, it is definitely a question of balance," she said. "You want to go just far enough outside the box where you do not look cookie cutter but still appeal to a wide enough audience that you have plenty of potential buyers." The two recently received an unexpected payoff for their willingness to get creative: One of their projects was written up in a local real estate magazine as an example of what real estate investors can do with design. "They made particular note of the fact that we are investors and we did the rehab and design ourselves," Anita said. Many of the Corsinis' favorite projects are featured on their television series, Flip or Flop: Atlanta. You can view episodes past and present at HGTV.com/fliporflopAtlanta or see their portfolio of work at RedBarnHomes.com.
place to stay. They need choices and a lot of times they need something other than a hotel room. Airbnb is a really great alternative." Anita, as usual, provides a little more insight into the "story" behind an Airbnb investment model. "When we use Airbnb, we love it for the space and the fact that it is a house instead of just a hotel room. We have three kids, so a hotel room is tight! In an Airbnb we have more space; I can cook for them if I need to, and it's just better a lot of times." When we're looking at renting out our Airbnb investment properties or at acquiring new ones, we think about these same things. It's just another way of evolving and preparing for the market in the future." • The backyard living area of this property showcases German smear, a finishing tactic for brick that gives the home a unique look. Both Corsinis report adding unusual elements like this finish make their homes more marketable. This project will appear on Season 2 of Flip or Flop: Atlanta.
Carole VanSickle Ellis is the editor of Think Realty Magazine. She can be reached at cellis@thinkrealty.com.
FULL-CIRCLE RENOVATIONS THAT AMPLIFY ROI AND YOU DON'T HAVE TO LIFT A FINGER. Our value is best described in one word; complete. We handle your renovation projects from start to finish. With our quick pace, on budget, quality performance and commitment to optimizing your bottom line, it's no wonder we are the go-to resource for investor home renovation services. Formerly known as SGF Contracting, we renovated our name to better describe what we do. Experience the Radius difference.
JOIN OUR CIRCLE TODAY! Visit RadiusRenovationGroup.com, or give us a call at 417.730.9777.
FINALISTS ANNOUNCED
Each year, Think Realty honors the leaders and change-makers in our industry who represent the very best real estate has to offer. These individuals are voluntarily nominated by their peers and evaluated by an independent, blind panel of former Think Realty Honors recipients to establish a field of 20 finalists. This year, Think Realty received more than 200 unique nominations for these honors. We are incredibly proud of our finalists, and we'd like you to meet them all. All finalists are invited to attend the Think Realty National Conference & Expo in Atlanta, Georgia, on September 22-23, 2018, and winners are recognized at an awards banquet the night before the event. Reserve your spot at the conference by registering at ThinkRealty.com/Atlanta.
SINGLE FAMILY INVESTOR OF THE YEAR: This award recognizes an investor excelling in the single-family sector using any strategy related to single-family residential real estate.
Michael Green MP Green Management Company Why he invests in real estate: "I love fixing up homes and taking them from run-down to beautiful homes families can live in. It's also the highest-paying gig I've found for a 10th-grade dropout!"
Proudest Moment: "I was able to take one of the biggest problems in real estate and solve it by completing a $45,000 renovation in seven days. I broke down every limiting belief I always had about contractors working together as a team to create an unbelievable outcome." On Solving Problems: "One of my students was in a bad spot because a contractor who was supposed to install cabinets never arrived. We had a cabinet-installation learning day for my mastermind group."
Tom Olson Good Success, Olson Group
Why he invests in real estate: "Housing is something people will always need. I want to live my life to glorify God by adding value to my communities, and one of the best ways I know to add value to people's lives and in communities is through real estate."
Favorite Sayings: "Work to have to give." "Be a conduit, not a bucket." What people say about Tom: "Tom is always striving to make a difference not just in our geographical community, but also in our industry's community." "Tom heavily invests in others with his knowledge and believes everyone should be a conduit as opposed to a bucket. He truly lives this every day." "Tom is the entire package."
REAL ESTATE SERVICES: This award recognizes an investor, company, or association excelling in providing real estate-related services including remodeling, contracting, investment management, business services, software development, data management, web-based investing platforms, social media, and community development.
Anthony Cazazian | Renters Warehouse Real estate investing goals: "My goal is to help investors achieve their goals of financial freedom through real estate."
Biggest real estate "win" so far: "Getting involved in the single-family rental sector early in 2013 while the asset class was just beginning to become more institutionalized. Since then, I have helped two companies that service the asset class through lending and property management, [including] helping build the largest corporate-owned SFR property management company in the U.S." Why real estate? "Single-family rentals offer many advantages over other investments, such as monthly cash flow, tax benefits, ability to leverage, diversification, downturn protection, inflation hedge, and many more." Brett Crosby | PeerStreet Real estate business philosophy: "I believe in putting all the chips on the table to invent and rethink entire industries. I enjoy the challenge of applying technology, analytics, and innovation in different ways than they've been applied before." Biggest real estate "win" so far: "That PeerStreet has become what I believe is and will continue to be a stable, long-term capital source for lenders and an investment platform for investors of all sizes to access real estate debt." Why real estate? "To conceive new ways of transforming the core of the industry in a way that is beneficial to participants and society as a whole. Outside of my main career at PeerStreet, I enjoy developing personal real estate projects with my wife." MULTIFAMILY INVESTOR OF THE YEAR: An investor excelling in the multifamily sector using any strategy related to multifamily real estate. This includes but is not limited to apartments, condominiums, cohousing, duplexes and larger multiunit investments, townhouses, and other intentional multifamily communities. Hector Padilla | HP Capital Investments, Inc.
Why do you invest in real estate? "Real estate is a time-proven investment vehicle that can be leveraged in creative manners to earn exponential growth, which leads to time freedom and financial freedom. Plus, it gives me the opportunity to be a blessing to many by providing housing, work space, and jobs." Biggest real estate "win" so far: "My biggest win has been learning that to create exponential growth you need five things: good self-esteem, self confidence in your business, positive life and business philosophy, [ability to] take massive, skilled action with
adjustments, and a time-proven mentor and team."
Joe Fairless | Ashcroft Capital Why real estate? "To help my investors achieve their financial goals. I believe if they achieve those goals, they will have more free time, and if they have more free time (as well as more money), they will use that time and capital to improve the world." Proudest moment in real estate: "Receiving a voicemail on a Saturday from one of my investors saying our team has far exceeded his expectations." He'd like you to know: "All of my revenue streams, directly or indirectly have a philanthropic component. Since 2012, I have been offering advertising scholarships
to Texas Tech students. All of the profits from my first two real estate books were donated to Junior Achievement, and this year, we launched BestEver Causes, where we highlight and support a new cause or charity each month."
COMMERCIAL INVESTOR OF THE YEAR: An investor excelling in the commercial real estate sector using any strategy related to commercial real estate. This includes but is not limited to retail space, office space, industrial space, restaurant space, corporate leasing, mixed-use development, new construction, and community master-planning and development.
Madan Goyal | PRG Balakieson Why do you invest in real estate? "It is a safe bet for potential gains, the need and demand for all kinds of real estate is increasing all the time, and, unlike man-made products and services, God is not making any more land."
Proudest moment in real estate: "On my very first investment, I intended to convert a house to offices. I got the zoning changed and got two tenants quickly after minor repairs and new entrances for each. [Now it generates] regular cash flow and I have refinanced it twice, to date, with major equity cash-out each time for other investments." What people say about Madan: "He is the best in small- and medium-sized office buildings, warehouses, and similar properties." "He is most helpful to anyone interested in commercial property investment."
Salvatore Buscemi | The Commercial Investor Proudest moment in real estate: "Raising $30 million from a hedge fund in NYC at the age of 29 to start my own distressed mortgage fund."
Biggest real estate "win" so far: "My strong and consistent track record in all of our transactions. I've mastered when to call the tops and then prepare to buy at the bottom." He'd like you to know: "I started my career at Goldman Sachs in NYC as an investment banker, then fell in love with commercial real estate investing." What people say about Sal: "Sal is a highly intelligent, innovative, and sophisticated deal-maker who not only wants to make money but wants all of his investing partners to make money also."
Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14 Page 15 Page 16 Page 17 Page 18 Page 19 Page 20 Page 21 Page 22 Page 23 Page 24 Page 25 Page 26 Page 27 Page 28 Page 29 Page 30 Page 31 Page 32 Page 33 Page 34 Page 35 Page 36 Page 37 Page 38 Page 39 Page 40 Page 41 Page 42 Page 43 Page 44 Page 45 Page 46 Page 47 Page 48 Page 49 Page 50 Page 51 Page 52 Page 53 Page 54 Page 55 Page 56 Page 57 Page 58 Page 59 Page 60 Page 61 Page 62 Page 63 Page 64 Page 65 Page 66 Page 67 Page 68 Page 69 Page 70 Page 71 Page 72 Page 73 Page 74 Page 75 Page 76 Page 77 Page 78 Page 79 Page 80 Page 81 Page 82 Page 83 Page 84 Page 85 Page 86 Page 87 Page 88 Page 89 Page 90 Page 91 Page 92 Page 93 Page 94 Page 95 Page 96 Page 97 Page 98 Page 99 Page 100
Made with FlippingBook flipbook maker


text:
The Life of David Gale makes the electric chair seem humane.
By David Edelstein
March 03, 20039:26 AM
Which one is the victim here? Maybe neither
It's often said of movie critics that we're jaded creatures, calloused from all the cinematic assaults that we're forced to endure. But in fact we're not much good unless we manage to stay open and receptive to what we see—to all of it, from the high crap to the low art. I cry all the time at bad soap operas. I laugh like a baboon at puerile slapstick. I put my hands over my face during acts of screen violence—or whenever someone sticks a needle in someone's arm, even. I am a very, very sensitive soul.
I'm rationalizing like mad to excuse having chickened out of seeing The Life of David Gale (Universal), the Alan Parker anti-death penalty movie that opened last week. I just couldn't bear to put myself through it. Parker has been responsible for some of the worst cinematic battering-rams of our time: After Oliver Stone's Natural Born Killers (1994), which belongs in some special circle of hell, I can think of no more contemptible piece of filmmaking than Parker's self-proclaimed tribute to the Civil Rights movement, Mississippi Burning (1988). Forget—if you can—that the African-Americans were pushed off to the sidelines to make way for the white FBI heroes. The more philosophical outrage was that Parker took the most successful non-violent resistance movement since Gandhi and made it fodder for a vigilante movie—a coarse, thumping melodrama about the ways in which noble ends justify barbaric means. There were actors I wanted to see in The Life of David Gale, but the mere prospect of more liberal politics wedded to more fascist film techniques was a threat to my fragile constitution.
This week was a slow one for openings, however, and I got a very flattering e-mail from a reader named Elizabeth Chadwick, who had seen David Gale and asked if I could apply my "superior intellect" to the question of "why the film got made." She added that all she got from the movie was that there are "crazy, mixed-up people on both sides of the death penalty question." I haven't read a lot of the negative reviews, but it's rare to find the normally judicious, lucid, and indefatigably liberal Roger Ebert in a semi-coherent froth.
Maybe it was time to see The Life of David Gale. I'd just seen Gaspar Noé's Irréversible, a film already notorious for its protracted scenes of rape and murder. I'd had a beer and a shot of whiskey. I figured I could handle Alan Parker, whatever he threw at me.
The verdict? Sorry, Elizabeth, it would take an intellect far superior to mine to explain the rationale—or, for that matter, the release—of David Gale. But it certainly wasn't as torturous as I'd feared. In fact, I hooted all the way through it. All that was missing was the little Mystery Science Theater silhouettes under the screen making cracks about the heroine's car—one of those junk-heaps engineered to break down only in the event of a last-second rush to the scene of an execution with a piece of exonerating evidence—or the ominous shots of barbed-wire fences and heavy locks, meant to make you cringe at the horror of a maximum-security prison having, er, security.
Kate Winslet plays one of those reporters who only has conversations while hurtling down corridors. Her name is Bitsy. Three days before his scheduled execution, she is summoned to the cell of David Gale, one of those tenured philosophy professors and outspoken critics of capital punishment who always manage to land on Death Row in Texas (which, the governor points out helpfully, is not France or Germany).
When I heard the title of the movie, it hit me that David Gale was the name of the late actor who in the great 1985 splatter flick Re-Animator played a mad scientist who did X-rated things with his own severed head. Kevin Spacey's character enthused over Re-Animator in American Beauty (1999): Was this the life of that David Gale? Alas, it's not. This David Gale plans to tell Bitsy his life story, and in so doing break through her much-ballyhooed "journalistic objectivity." He's the nice Hannibal Lecter. Gale knows she's in for a wild ride: "This is not going to be easy, Bitsy." Sure enough, she is soon being followed by a man in a 10-gallon hat who listens to Puccini in his pickup. Who knows what madness lurks in the minds of opera-crazed cowboys?
There is really no way to address the larger insanity of The Life of David Gale without giving away the surprise ending—a surprise only by virtue of its idiocy. Fair warning? Here goes: The nerdy professor (Laura Linney) was dying of leukemia anyway, so she and the Cowboy and David Gale rigged her kinky rape and murder to make Gale into a death-penalty martyr. When the truth is revealed to her, Bitsy does not say, "What a bunch of fruitcakes." Her eyes fill with tears at the noble logic of it all.
As I've implied, this is a great midnight movie: I enjoyed every patchily edited, ham-fisted scene. But I don't like seeing the wonderful Kate Winslet look stupid, or the wonderful Laura Linney abase herself. And I was depressed to realize, once again, that the greatest danger to liberalism isn't the likes of Rush Limbaugh or Andrew Sullivan, but blowhards like Alan Parker and Michael Moore—the thugs of humanism. Given the way in which it's administered, I don't support the death penalty for people. But I emphatically support it for certain careers.


Clareice Chaney has over 30 years of experience in commercial and government contracting with an emphasis in information technology contracting and specific expertise in performance-based contracting techniques. She holds Master's Degree, PMP certification from the Project Management Institute and is a Certified Professional Contracts Manager through the National Contract Management Association (NCMA). She has presented at the National Contract Management Association World Congress.


It's been no secret. Strangers with Style has been in partnership with CreativeMornings for a little over two years. Prior to having any interest in getting involved, the then-pastry chef at Dooby's running the Baltimore chapter was on our radar for our 2015 Creatively Cool. Here was someone successfully gathering makers and doers for talks on various topics, in the morning –and on a Friday, no less. And in that was another opportunity for us, here at Strangers With Style, to bring such an organization to the attention of you, our readers, to discover another outlet for creativity, inspiration, and even help mold the local chapter into your own.
LOVE the poet, Steve Powers, Deana Haggag, Tiffany Jones, Baynard Woods, Amy Sherald, Max Bent & Jamaal Blackroot Collier, Mary Mashburn & Allison Fisher, Ellen Lupton are just some of the speakers that graced the different stages of CMBal talks with the chapter's founder.
And after two years, CMBal founder Katie Boyts stepped down and asked me, Olivia, to move forward the breakfast talk series. And as one may see conflict in that, to accept it was not, as the basis of the organization, which started out in New York City, aligns with the goals of Strangers With Style to continue expanding on the mission of creating more spotlight for the many in this city who are doing some amazing, interesting things. Boyts, who has been a dear colleague and friend, has been a key community member having brought something poignant and substantial to create more room for conversation and motivation. It'll be exciting what new journey the future holds for the chapter.
But it is a move that is bittersweet. A city, she has described as a "YES city," and having built a base for herself here, Boyts is just a traveler at heart. Originally from Texas, with extended family in Kansas, she's called cities Portland, Santa Fe, Charleston, and states Indiana and New Hampshire home, too.
And now, in a matter of days, she'll be on a flight to Australia. But before she embarks on her new adventure, she'll be on stage, once again, for CreativeMornings, but as the guest speaker, discussing December's theme of TIME, at Center Stage.


Under the EU's renewable energy plan (still in place post-Brexit), the UK set targets to meet 15% of their energy needs from renewable sources by 2020, including generating 30% of electricity from wind, solar and other low-carbon sources (The Guardian, 2016). Wales selected 7 SSAs (Strategic Search Areas) in Wales, chosen for good wind speeds and lack of statutory designations. One of these was selected as a site for Garreg Lwyd large-scale wind farm, which will be capable of providing sufficient renewable electricity to meet the average needs of more than 26,000 homes.
When considering materials and products to use when building this power station of the future, they specified future materials and products that will endure.
At the substation, there are two long pre-cast concrete trenches: one 19 metres long with a span of 765 mm, the other 25 metres long with a span of 1250 mm. The trenches are set flush into the ground, with an edging created by upright concrete slabs. The trenches required a covering solution that could be easily manually removed for maintenance and monitoring, while performing at D400 load rating (40 tonne). The substation specified a GRP composite solution to meet the required specifications. Covers also needed to provide a safe walking surface for operators, whatever the weather conditions.
Stanton Bonna, the pre-cast trench manufacturer partnered with Fibrelite to create a series of custom GRP trench covers to fit onto their pre cast concrete trenches.
Fibrelite designed and manufactured a series of custom GRP trench covers to fit onto the Stanton Bonna pre-cast concrete trenches. Covers are 'stepped' to reduce unit weight and increase the load rating capability. The D400 load rated 1250 mm wide covers can be safely manually removed by two operators without risk of injury. The equivalent size concrete panel would have weighed approximately 400Kg. The standard Fibrelite tread pattern provided the perfect slip resistance required for a safe walking surface, with test reports demonstrating that even when wet, Fibrelite covers have anti-slip properties far exceeding health and safety advisory limits.
Fibrelite covers are a fit-and-forget solution: no maintenance is required.
Fibrelite covers are a fit-and-forget solution: no maintenance is required, and the composite material has an inherent resistance to corrosion. Structural performance is guaranteed for years to come, with all covers independently tested to BS EN124 criteria.
Lifting and manual handling issues are eliminated. All Fibrelite GRP trench covers are safely removable by two operators, even at D400 (or F900!). This means increased efficiency on site when performing essential maintenance, while preventing risk of injury or need for specialised heavy lifting equipment.