Nov 11 2009

Herb Gardening Can Be Very Rewarding

To get started herb gardening, place stones in the bottom of the pot, to about a quarter-way up. This ensures the soil is able to drain properly. Make use of organic potting soil, and although it is fun to grow herbs from seed, this can take time, so I generally purchase seedlings from a plant nursery. This way you can use them almost immediately. If you are going to use a window box for your pots, line it with plastic.

Fertilizing your herbs will help them to grow and it is my preference to mix organic compost with the potting soil, but you can use any other easy to use fertilizer that is suitable as well as chemical free.  The important thing is to make sure to add some sort of fertilizer to the soil.

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Nov 11 2009

Railroad Lantern Keepers

Trains have been a fascination for me ever since my childhood. Residing in a country that has the largest amount of railway lines in the world, India and residing in a city which has the largest railway station in that country, Kolkata, the interest has grown with age like good wine. From the age of the steam engines, to the modern day diesel and high powered electric locomotives, the mighty engine pulling a long line of bogies has always been a source of wonder for me.  Watching the railmen carrying their well worn railroad lanterns is a link to past traditions.
However, not all experiences of traveling by train in a developing country like India is pleasant. I remember when I was returning to Kolkata from Varanasi , I had to hold on to the glass window beside my berth with my foot the whole night lest it fall over and break, also the cold December air that would have come through would not be pleasant at all!
In India, the logistics of running trains over 63,327 kilometers of tracks with 6909 stations is no joke and the accident rate is surprisingly low considering the enormity of the task. But most trains do not run on time and the on board conditions need a lot of improving. The food in the stations is bad and often the toilets run out of water and the security provided on board is very little. With 18 million passengers this railroad is no small matter to handle and we Indians have taking to riding trains with minor discomfiture with a pinch of salt and manage to ride with fellow passengers with a minimum of fuss most of the time.

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Nov 11 2009

Setting up LLC

Setting up LLC s is simple and only requires you to complete some simple business forms. You can switch from a sole proprietorship to and limited liability company by simply completing some basic business articles of organization. I have setup several Limited Liability Companies on my own and I've also use others to setup my entities. Incorporating is an art that take some practice. If you have a lot of entities that need to be setup, you might consider hiring a professional for the first few so you can learn the steps and then you can replicate it. There are no trade secrets with the actual formation process. You have to follow certain steps and complete the right business forms. Like I said, it's not too difficult. Just learn the steps to incorporate and you are off to the races.

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Nov 11 2009

Interest Only Buy to Let Mortgages

Buying a property to rent out to tenants can be an excellent long-term investment. Although the prices of property can move up and down, investing your money in bricks and mortar is generally one of the safest things you can do over the long term.

Any investment portfolio should be well diversified in order to minimize risk and maximize return. So having one or more Rental Properties as part of your investment portfolio is probably a wise decision.

But what if you don’t have the ready cash necessary to invest in the buy to let property? If at is the case you can take out a buy to let mortgage, interest only or capital repayment.

An interest only buy to let mortgage can give you a number of advantages. First of all, as long as interest rates remain fairly low, you will be paying back less than you would be on a monthly basis with a straight capital repayment mortgage.

If you can find a property that is suitable for renting out to tenants, then by taking out a buy to let mortgage, you can start to capitalise on the situation almost immediately, because as soon as you get paying tenants, your monthly income from rent should be higher than your monthly outgoing mortgage payments.

And if you bought the property in a good area where prices are rising, you will see a profit or when you eventually sell property.

So buy to let mortgages (interest only) can actually provide you with the means to generate a solid income.

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