Flipping Houses: Turning a Wreck into a Gem

About Me

Flipping Houses: Turning a Wreck into a Gem

Five years ago, I decided to start my own side business. Along with keeping my job as a construction worker, I decided to use my savings to purchase an older residence. The plan was to fix up the place and then sell it at a profit. It didn't take me long to figure out that while my side business would take up most of my free time, it would make me a lot of money. Today, I still flip three or four houses a year. My strategy developed through trial and error, and I've learned how to evaluate the potential of a property first, then buy second. I know what must be done in the way of exterior painting, making the place secure, and ultimately finding the right buyer. If you are thinking about trying this kind of sideline, read on. What I've learned will help you a lot.


Three Major Ways A Green Self-Storage Facility Should Be Helping The Environment

When you're looking for a storage facility (like Belmont Self Storage), finding an environmentally friendly one is a big plus. But when  you're estimating and comparing the "green" factor of each facility, you  need to be able to compare the environmentally friendly aspects directly so you can determine which companies are having the biggest environmentally friendly effect. Here are three of the biggest factors a self-storage facility should be "greening."

1. Energy

Solar-powered self-storage is becoming more and more common, but it's not a necessity. A "green" building can alternatively use power derived from another renewable source such as wind, water, or geothermal energy. Solar energy is still a good option, though; but be careful not to get taken in by facilities that claim to be "green" when their only concession to the environment is solar energy. It's better than nothing, but a truly responsible company will be "greening" many other aspects of the building as well. For example, energy-efficient lighting should also be used. Other ways energy can be conserved in a green self-storage facility include:

  • Using sufficient insulation to reduce the need for heating and cooling
  • Using automatic lighting equipped with motion sensors
  • Using a light-colored roof to reduce the workload for AC systems

2. Roofing

In addition to reducing AC workload, a cool roof can also help diminish the global warming effect produced by the city (known as the "urban heat island effect"). This effect raises city temperatures several degrees beyond what they ought to be, which is dangerous not only for the local ecosystem (and any nearby ecosystems where water runoff ends up) but also for inhabitants of the city, who are then more susceptible to heat-related illnesses during the summer. In addition to selecting a light-colored roof, an environmentally responsible facility can also take the following roof-related measures:

  • Using a "cool roof" coating to cool the roof even more
  • Selecting a recycled and recyclable roofing material
  • Installing solar panels on the roof or developing a "green roof" to shade the building from sun and manage storm water

3. Packing materials

A facility that's taking responsibility for its environmental impact will be very concerned about things like plastic packing peanuts and throwing packing materials in the landfill. The company may take steps such as:

  • Re-using or upcycling cardboard packing boxes
  • Sourcing boxes made of recycled material
  • Providing shredded paper or biodegradable packing peanuts for packing
  • Encouraging or facilitating used material recycling

Use these three major factors to determine which self-storage companies and facilities are truly the most eco-friendly. And remember to do your part by re-using and recycling your packing materials!