Saturday, January 5, 2013

Rule #1 ? Don't Have A Vacancy In The Winter.. Rule # 2 ? If You Do ...

real estate investingWhen you have a tenant that vacates during the winter months you absolutely have to winterize your property ASAP. ?When pipes full of water freeze that means they break. ?For just $185 your property management company will send a plumber out to winterize the property AND have the plumber come back and un-winterize it when it gets warm again.

This seems like an obvious step to take to protect your property but we have investors who want to take a chance and do nothing.. ?or.. ?pay to heat the property while it is vacant. ?Either way can be EXPENSIVE. ?Having a vacant rental property in the dead of winter is the absolute worst. Its by far the slowest time for leasing AND you have to deal with winterizing.

Two things that I always recommend to avoid a vacancy in the middle of winter are:

A. ?If your unit hasn?t rented heading into mid October then lower your rent by $50 ?- ?$100 and do another big marketing push.

B. ?Offer a 6 month lease. ?This could open up a possibility for some short term tenants and it would end your lease in the summer :)

If you lower the rent AND do a short term lease you can always raise the rent after the 6 months..

*The demand for rentals is much higher during warmer months! ?Just be sure to let the tenants know that you plan on doing that ahead of time? ?no one likes surprises when it comes to rent payments!

WARNING ? WRAP THOSE PIPES

(This is an excerpt taken from a MSN winterizing article)

A burst pipe caused by a winter freeze is a nightmare. Prevent it before Jack Frost sets his grip: Before freezing nights hit, make certain that the water to your hose bibs is shut off inside your house (via a turnoff valve), and that the lines are drained, says Broili. In climes such as Portland, Ore.,?or Seattle, where freezing nights aren?t commonplace, you can install Styrofoam cups with a screw attachment?to help insulate?spigots, says Broili.

Next, go looking for other pipes that aren?t insulated, or that pass through unheated spaces ? pipes that run through crawlspaces,?basements or garages. Wrap them with pre-molded foam rubber sleeves or fiberglass insulation, available at hardware stores. If you?re really worried about a pipe freezing, you can first wrap it with heating tape, which is basically an electrical cord that emits heat.

Source: http://www.reiclub.com/realestateblog/investors-dont-have-vacancy-in-winter-winterize/

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More fiscal clashes loom as new Congress opens

House Minority Leader Nancy Pelosi of Calif. passes the gavel to House Speaker John Boehner of Ohio, who was re-elected as House Speaker of the 113th Congress, Thursday, Jan. 3, 2013, on Capitol Hill in Washington. (AP Photo/Susan Walsh)

House Minority Leader Nancy Pelosi of Calif. passes the gavel to House Speaker John Boehner of Ohio, who was re-elected as House Speaker of the 113th Congress, Thursday, Jan. 3, 2013, on Capitol Hill in Washington. (AP Photo/Susan Walsh)

House Minority Leader Nancy Pelosi of Calif. gets a kiss from House Speaker John Boehner of Ohio after he was re-elected as House Speaker as the 113th Congress began, Thursday, Jan. 3, 2013, on Capitol Hill in Washington. (AP Photo/Susan Walsh)

House Speaker John Boehner of Ohio bangs the gavel after being re-elected as House Speaker of the 113th Congress, Thursday, Jan. 3, 2013, on Capitol Hill in Washington. (AP Photo/Susan Walsh)

House Speaker John Boehner of Ohio, enters the House of Representatives chamber, on Capitol Hill in Washington, Thursday, Jan. 3, 2013, after surviving a roll call vote in the newly convened 113th Congress. He is escorted by House Majority Leader Eric Cantor of Va., House Minority Leader Nancy Pelosi of Calif., House Majority Whip Kevin McCarthy of Calif., and House Minority Whip Steny Hoyer of Md. (AP Photo/J. Scott Applewhite)

Rep.-elect Tammy Duckworth, D-Ill. is seen on Capitol Hill in Washington, Thursday, Jan. 3, 2013, as she poses with other female House members prior to the official opening of the 113th Congress. (AP Photo/Cliff Owen)

(AP) ? A new Congress opened for business Thursday to confront long-festering national problems, deficits and immigration among them, in an intensely partisan and crisis-driven era of divided government. "The American dream is in peril," said House Speaker John Boehner, re-elected to his post despite a mini-revolt in Republican ranks.

Moments after grasping an oversized gavel that symbolizes his authority, Boehner implored the assembly of newcomers and veterans in the 113th Congress to tackle the nation's heavy burden of debt at long last. "We have to be willing ? truly willing ? to make this right."

Also on the two-year agenda is the first significant effort at an overhaul of the tax code in more than a quarter century. Republicans and Democrats alike say they want to chop at a thicket of existing tax breaks and use the resulting revenue to reduce rates.

There were personal milestones aplenty as the winners of last fall's races swore an oath of office as old as the republic.

Sens. Heidi Heitkamp of North Dakota, Elizabeth Warren of Massachusetts, Tammy Baldwin of Wisconsin, Mazie Hirono of Hawaii and Deb Fischer of Nebraska were among the newcomers sworn in, raising the number of women in the Senate to a record 20. Tim Scott of South Carolina became the first black Republican in the Senate in more than three decades.

On the first day of a new term, one veteran made a stirring comeback. Republican Sen. Mark Kirk of Illinois returned to the Capitol for the first time since suffering a stroke a year ago, walking slowly up the 45 steps to the Capitol with the use of a cane. "Good to see you, guys," he said.

Across the Capitol, children and grandchildren squirmed through opening formalities that ended with Boehner's election as the most powerful Republican in a government where President Barack Obama will soon be sworn in to a second term and his fellow Democrats control the Senate.

"At $16 trillion and rising, our national debt is draining free enterprise and weakening the ship of state," said the Ohio Republican, whose struggles to control his members persisted to the final weekend of the 112th Congress when "fiscal cliff" legislation finally cleared. "The American dream is in peril so long as its namesake is weighed down by this anchor of debt. Break its hold and we will begin to set our economy free. Jobs will come home. Confidence will come back."

Senate Majority Leader Harry Reid, D-Nev., said he, too, is ready for attempts to rein in federal spending, but laid down a few conditions. "Any future budget agreements must balance the need for thoughtful spending reductions with revenue from the wealthiest among us and closing wasteful tax loopholes," he said. That was in keeping with Obama's remarks after Congress had agreed on fiscal cliff legislation to raise taxes for the wealthy while keeping them level for the middle class.

Boehner and Senate Republican Leader Mitch McConnell have other ideas, both having said in recent days that the days of raising taxes are over.

"Now is the time to get serious about spending," McConnell said. "And if the past few weeks have taught us anything, that means the president needs to show up early this time." People won't "tolerate the kind of last-minute crises that we've seen again and again over the past four years as a result of this president's chronic inactivity and refusal to lead on the pressing issues of the day."

While neither Boehner nor Reid mentioned immigration in their opening-day speeches, Obama is expected to highlight the issue in the first State of the Union address of his new term. Lawmakers are already working toward a compromise they hope can clear both houses.

Most Democrats have long favored legislation to give millions of illegal immigrants a chance at citizenship, and Republicans have stoutly resisted. Now, though, many within the GOP appear ready to reconsider, after watching with alarm as Obama ran up an estimated 71 percent of the Hispanic vote in winning re-election over Mitt Romney in November.

There is little doubt that fiscal issues are at the forefront, though, as they have been since the economy cratered more than four years ago. The issue dominated the just-ended Congress from beginning to end as tea party-backed lawmakers pressed relentlessly to cut spending and reduce deficits.

They met with decidedly mixed success.

They won Obama's signature on $1 trillion in cuts over a decade after using the debt limit as leverage, but were forced into a humiliating surrender a year ago after trying to block an extension in payroll tax cuts. And in the last major act of the 112th Congress, they were forced to swallow legislation that contained next-to-no spending cuts, raised tax rates on the wealthy while keeping them even for the middle class and boosted deficits by an estimated $4 trillion over a decade.

And now, the newly enfranchised Congress will begin by raising deficits. National flood insurance legislation to help victims of Hurricane Sandy will create slightly more than $9 billion in red ink if it passes as expected on Friday. A follow-up disaster aid measure that Boehner has said will be brought to a vote on Jan. 15 would add $27 billion ? more if the bill grows, as seems likely, after it is reconciled with a $60-billion Senate version.

The next big clash is expected to begin within weeks. A two-month delay in automatic spending cuts expires at the end of February. As well, the administration will seek authority to borrow more money in late winter or early spring, and financing expires for most government agencies on March 27.

Republicans have said they intend to seek significant savings from Medicare, Medicaid and other government benefit programs to gain control over spending. Obama has said he won't bargain over the government's borrowing authority. He has also said is open to changes in benefit programs, but would face resistance on that from liberal Democrats.

Boehner will lead a House that has a Republican majority of 233-200, with two vacancies, a loss of eight seats for the GOP. Fourteen Republicans declined to vote for him, a reflection of their unhappiness with his leadership, but several more defections would have been needed to deny him a first-ballot victory. It's not unusual for party leaders to lose the votes of some dissidents. Nineteen Democrats declined to support their leader, Nancy Pelosi, on a similar ballot two years ago after her party lost more than 60 seats in the 2010 election.

Democrats hold a 55-45 majority in the Senate, and control two more seats than they did the past two years.

Reid and McConnell are negotiating over possible changes in the Senate's filibuster rules to make the movement of legislation more efficient, even when it is hotly contested.

___

Associated Press writers Donna Cassata, Andrew Taylor and Henry C. Jackson contributed to this story.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/89ae8247abe8493fae24405546e9a1aa/Article_2013-01-03-New%20Congress/id-40f76e90bdfd4f43805ac67b041b3882

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Strong quake hits Alaska, sparks tsunami warning

JUNEAU, Alaska (AP) ? A tsunami warning is in effect for parts of southern Alaska and coastal Canada after a strong earthquake shook the region at midnight Friday.

The warning area includes coastal areas from about 75 miles southeast of Cordova, Alaska, to the north tip of Vancouver Island, Canada, the Alaska Tsunami Warning Center said. The warning area extends for about 475 miles.

The magnitude 7.5 quake struck at midnight Friday (1 a.m. PST Saturday) and was centered about 60 miles west of Craig, Alaska, the U.S. Geological Survey said.

A tsunami with a "significant widespread inundation of land is expected," the center said in a statement.

The first wave was expected around 1:15 a.m. (2:15 a.m. PST) in Craig, and 2:50 a.m. in Cordova, further to the north.

The center said widespread dangerous coastal flooding is possible.

In addition to the warning, a tsunami advisory is in effect for coastal Alaska from Cape Suckling to 75 miles southeast of Cordova and from the Washington state border to the tip of Vancouver Island.

A tsunami warning means an area is likely to be hit by a wave, while an advisory means there may be strong currents, but that widespread inundation is not expected to occur.

Source: http://news.yahoo.com/strong-quake-hits-alaska-sparks-tsunami-warning-100401762.html

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Upcoming Performing Arts in Indy | indystyle.tv

Tom Alvarez, examiner.com performing arts critic takes a look at upcoming musicals that take center stage this week in Indianapolis.

Tom?s Performing Arts Picks

?Guapa?
Phoenix Theatrre
Jan. 3 - 20
www.phoenixtheatre.org

?Jersey Boys?
Murat Theatre
Jan. 9 - 20
www.BroadwayIndianapolis.com

John Pizzarelli
The Palldium
Jan. 10
www.centerfortheperformingarts.org

?Hairspray?
Indianapolis Symphony Orchestra Pops
Jan. 11 - 13
www.indianapolissyphony.org

?Jackie and Me?
Indiana Repertory Theatre
Jan. 11- Feb. 16
www.IRTlive.com

?The Last Five Years?
Footlite Musicals
Jan. 11-27
www.Footlite.org

To access Tom's previews, reviews and artist profiles on Examiner.com and become a free subscriber, please click on this link:
http://www.examiner.com/performing-arts-in-indianapolis/tom-alvarez


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Source: http://www.wishtv.com/dpp/indy_style/upcoming-performing-arts-in-indy

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US job market resilient despite budget fight

WASHINGTON (AP) ? The U.S. job market is looking more resilient and may withstand a budget battle in Washington that threatens to create more uncertainty for the economy in the coming months.

A trio of reports Thursday showed private hiring increased last month, while layoffs declined and applications for unemployment benefits stayed near a four-year low. The data led some economists to raise their forecasts for December job growth one day before the government releases its closely watched employment report.

"The job market held firm in December despite the intensifying fiscal cliff negotiations," said Mark Zandi, chief economist at Moody's Analytics. "Businesses even became somewhat more aggressive in their hiring at year end."

The most encouraging sign came from payroll provider ADP. Its monthly employment survey showed businesses added 215,000 jobs last month, the most in 10 months and much higher than November's total of 148,000.

Economists tend to approach the ADP survey with some skepticism because it has diverged sharply at times from the government's job figures. The Labor Department releases its employment report Friday.

But some economists were also hopeful after seeing businesses were less inclined to cut jobs last month.

Outplacement firm Challenger, Gray & Christmas said that the number of announced job cuts fell 43 percent in December from November, and overall planned layoffs in 2012 fell to the lowest level since 1997.

The decline in layoffs coincided with a drop last month in the number of people who applied for unemployment benefits. The four-week average was little changed at 360,000 last week. That's only slightly above the previous week's 359,750, which was the lowest since March 2008.

Most economists expect the Labor Department report will show employers added about 150,000 jobs last month and the unemployment rate stayed at 7.7 percent.

Some economists saw potential for stronger gains after seeing Thursday's data.

Joseph LaVorgna, chief U.S. economist at Deutsche Bank, raised his forecast for job growth in December to 190,000 jobs, up from 150,000.

Credit Suisse increased its forecast to 185,000, up from 165,000.

"Given that we have restraints, the labor market data do appear to be improving," said Dana Saporta, an economist at Credit Suisse.

Still, many economists remained cautious about where the job market is headed. While Congress and the White House reached a deal this week that removed the threat of tax increases to most Americans, they postponed the more difficult decisions on cutting spending. And the government must also increase its $16.4 trillion borrowing limit by late February or risk defaulting on its debt.

Congressional Republicans are pressing for deep spending cuts in return for any increase in the borrowing limit. President Barack Obama has repeatedly said wants the issues kept separate.

The economy has added about 150,000 jobs a month, on average, over the past two years. That's too few to rapidly lower the unemployment rate.

Hiring probably won't rise above the current 150,000 per month trend until after the borrowing limit is resolved, economists say.

A similar fight over raising the borrowing limit in 2011 was only settled at the last hour and nearly brought the nation to the brink of default.

"That's not an environment where you're likely to be taking risks," such as boosting hiring, said Nigel Gault, chief U.S. economist at IHS Global Insight.

Even with modest gains in hiring, the unemployment rate remains high. It fell to 7.7 percent in November from 7.9 percent in October. But that was mostly because many of the unemployed stopped looking for jobs. The government counts people as unemployed only if they are actively searching for work.

The number of people receiving jobless benefits fell to 5.4 million in the week ended Dec. 15, the latest data available. That's down about 70,000 from the previous week. The figure includes about 2.1 million people receiving emergency benefits paid for by the federal government. The White House and Congress agreed earlier this week to extend that program for another year.

There are signs the economy is improving. The once-battered housing market is recovering, which should lead to more construction jobs this year. Companies ordered more long-lasting manufactured goods in November, a sign they are investing more in equipment and software. And Americans spent more in November. Consumer spending drives nearly 70 percent of economic growth.

__

AP Economics Writer Martin Crutsinger contributed to this report. Follow Chris Rugaber at http://Twitter.com/ChrisRugaber

Source: http://news.yahoo.com/us-job-market-resilient-despite-budget-fight-200444262--finance.html

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Hair Loss Causes: How Does Chlorine Affect Your Hair?

For years, the answer to the question of whether or not chlorinated water in the swimming pool causes hair loss remains a mystery. In fact, various scientists have long argued about whether the high levels of chlorine in swimming pools have some undesirable effects on the quality of hair.

Now, let's shed light to this unanswered mystery. Let's take a closer look at chlorinated water of swimming pools. Is hair indifferent to it or can it be one of the hair loss causes?

Clinical Study

According to active.com, the levels of chlorine found in swimming pools can cause damage to the hair. However, it is neither one of the hair loss causes nor does it induce hair thinning problems.

A study published in The Journal of Dermatology revealed that chlorine causes discolouration and a change in hair texture.

In the said study, a team of researchers examined 67 professional swimmers and 54 non-swimmers. The researchers showed that 61% of the swimmers exhibited signs of hair discolouration, compared with the non-swimmers.

The researchers also revealed that the hair discoloration coincided with surface damage of the swimmers' nail plates due to the effects of chlorine. However, though the swimmers' hair appeared dryer, more brittle and coarser than the non-swimmers', they did not exhibit higher rates of hair loss and hair thinning problems.

Considerations

Although the amount of chlorine found in swimming pools has already been eliminated from the list of hair loss causes, it causes hair damage by bonding itself to the hair, leading to easily breakable hair and an onset of split-ends.

Solutions

Individuals can minimise the effects of chlorine to the hair by using herbal shampoos and conditioners specifically formulated to remove the chlorine content in the hair follicles.

It is also recommended to use a swimming cap when going for a swim in chlorinated water.

Wetting the hair prior to swimming can also reduce the amount of chlorine absorbed into the hair cuticles.

The Bottom Line

Chlorinated water in swimming pools can damage the hair, but it cannot necessarily be a cause of hair loss and hair thinning problems.

If your using any hair loss treatment make use it is clinically tested such as Leimo Laser Comb to help regrow your hair. Such device have been tested to be effective in stopping DHT (dihydrotestostrone) which is the cause of hair loss.

Leimo Wet product's formulates and produces unique and innovative hair care products which includes the Personal Hair Laser which we have proven to regrow hair with its unique 100% natural hair care treatments. LEIMO's natural ingredients are of the purest and highest grade essential oils to deliver the cost effective results our clients demand.

Hair loss is a battle for most people who are experiencing it, it is a sensitive issue and a lot of people out there are embarrassed to talk about it. But with the LEIMO system, they can use it in the privacy of their own home and takes steps to help reduce the amount or hair fall and bring back dormant follicles back into a growth phase. The LEIMO system does not only stop the hair loss, it also helps to grow the hair back!

Do your own research and decide on a solution, you don't have to lose your hair early. Either it is hair transplantation or natural cures for hair loss, you can get started easily to prevent hair thinning, and take meaningful steps to regrow your hair. You are sure to be amazed at how much improvements you can see from those results.

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Source: http://hair-loss.ezinemark.com/hair-loss-causes-how-does-chlorine-affect-your-hair-7737aacb9728.html

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Friday, January 4, 2013

Congress members seek investigation of Shell barge

ANCHORAGE, Alaska (AP) ? Members of Congress are calling for an investigation of Royal Dutch Shell PLC's Arctic offshore drilling operations as salvagers develop plans to move a company drill ship off rocks near an Alaska island, where it ran aground in a fierce year end storm.

Shell incident commander Sean Churchfield said Thursday that the first salvage crew on board the Kulluk, a 266-foot diameter barge with a 160-foot derrick, reported back with details that will be used to begin planning. He would not speculate on when a salvage report might be ready.

"There is still a lot of work to do to bring a safe conclusion to this incident," he said.

The vessel is upright and stable, with no indication of a fuel leak, Churchfield said.

The House Sustainable Energy and Environment Coalition, meanwhile, said in a statement that the New Year's Eve grounding should trigger a look at Shell's entire Arctic Ocean drilling operation by the Interior Department and the Coast Guard.

The coalition is made up of 45 House Democrats.

"The recent grounding of Shell's Kulluk oil rig amplifies the risks of drilling in the Arctic," they said in a joint statement. "This is the latest in a series of alarming blunders, including the near-grounding of another of Shell's Arctic drilling rigs, the 47-year-old Noble Discoverer, in Dutch Harbor and the failure of its blowout containment dome, the Arctic Challenger, in lake-like conditions."

The coalition believes these "serious incidents" warrant thorough investigation, the statement said.

Shell Alaska spokesman Curtis Smith said in an email that the company is in full support of, and is providing resources for, the investigation of the grounding by the Unified Incident Command, made up of federal, state and company representatives. Smith said the findings will be available to the public.

The Kulluk is a non-propelled vessel with a reinforced funnel-shaped hull designed to operate in ice. It is carrying more than 140,000 gallons of diesel and about 12,000 gallons of lube oil and hydraulic fluid. It drilled during the short open-water season last year in the Beaufort Sea.

A 360-foot anchor handler, the Aiviq, was towing the Kulluk from Dutch Harbor to Seattle last week for maintenance and upgrades when the tow line snapped south of Kodiak. Lines were reattached at least four times but could not be maintained. A lone tugboat still attached Monday night in a vicious storm couldn't control the vessel and cut it loose as it neared land.

After the grounding, critics quickly asserted it has foreshadowed what will happen north of the Bering Strait if drilling is allowed.

Environmentalists for years have said conditions are too harsh and the stakes too high to allow industrial development in the Arctic, where drilling sites are 1,000 miles or more from the closest Coast Guard base.

Two national organizations kept up the criticism Thursday by calling for a halt to all permitting for Arctic offshore drilling in the wake of the grounding.

"This string of mishaps by Shell makes it crystal clear that we are not ready to drill in the Arctic," said Chuck Clusen of the Natural Resources Defense Council. "Shell is not Arctic-ready. We have lost all faith in Shell, and they certainly don't have any credibility left."

Lois Epstein, a civil engineer who works for The Wilderness Society in Anchorage, said Shell has made troubling, non-precautionary decisions that put workers and the Coast Guard at risk.

"These ongoing technical and decision-making problems and their enormous associated costs and risks taken by our military personnel once there were problems should lead the federal government to reassess its previous permitting decisions regarding Shell," Epstein said.

Shell has maintained it has taken a heads-up approach to anticipating and reacting to problems.

Shell officials say the Kulluk had been towed more than 4,000 miles and has experienced similar storm conditions. Shell staged additional towing vessels along the route in case problems occurred, said Smith, the Shell spokesman.

"We know how to work in regions like this," Smith said. "Having said that, when flawless execution does not happen, you learn from it, and we will."

Source: http://news.yahoo.com/congress-members-seek-investigation-shell-barge-015627015--finance.html

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