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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.

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Hydraulic Crane Rental: 5 Benefits Of Renting Vs. Purchasing

The key to any successful construction project is operating within the set deadline and staying on budget. Therefore, the right equipment will go a long way to deliver timely completion and make each step of the construction process easier. One such piece of equipment is the hydraulic crane. Not only does it protect construction workers, but it also ensures that quick and hassle-free jobs become a highlight of your company's reputation. It is easier for most people to rent equipment as opposed to purchasing. This brief discusses in detail the benefits of renting hydraulic cranes.

Professional Handling

When it comes to acquiring construction equipment, there are two options you can choose from. You can either purchase your own equipment or obtain it on a lease. One of the benefits of renting a hydraulic crane instead of buying is the fact that it comes with a trained and certified operator.

Operating a crane is challenging, as it requires vast experience and training. If you buy a crane, it means you have to look for an operator and incur extra charges. The same cannot be said for renting as the operator is part of the package. 

Increased Job-site Safety

The fact that your rented crane comes with a certified operator means you no longer have to worry about job-site safety. These operators ensure no corners are cut and that every lift done complies with safety standards. This way, you avoid the potential accidents that may be caused by untrained personnel.

Wide Range of Choice

Cranes, just like any other equipment, come in different sizes. Depending on the nature of your project, you may require different crane types. Smaller projects may need smaller cranes. While it may be illogical to use small cranes on big projects, buying multiple cranes may not be feasible. It is wise to rent as it makes sure you have the right solution for the right project.

No Repairs and Maintenance Costs

Even after obtaining your hydraulic crane on a lease, you will never incur repairs and maintenance costs. The rental company will bear this burden. Resultantly, you will incur fewer overhead costs compared to if you'd have purchased your own.

Disposing Of

Most construction companies always find themselves in a dilemma after the construction project is over and the equipment has fulfilled its purpose. It is even worse if there are no ongoing projects that could make use of the equipment. With renting, you will never have to endure these woes as you just have to return the rented equipment to the rental company.

Generally, most construction companies will choose renting equipment over purchasing anytime. The initial costs are generally lower, and most of the burden lies on the rental company.

For more information, reach out to a hydraulic crane rental service.