Dec 05
Building A Home Gym
Posted by Wilson | Posted in gym fitness equipment | Posted on 05-12-2009
Due to your busy daily schedule, the time you once devoted to visit the gym has become so limited that actually now prevents you from enjoying a “real” hour of workout without thinking of the million things you have to take care of. Thus, some of your friends decided to create a home gym in an effort to balance work and family responsibilities and manage to stay fit at the same time. But before screaming “That’s it!” and bursting out the door to shop till you literally drop, since you have not been using your muscles for a while now, you should better consider the following:
- Goals: The first thing you need to do is to determine your fitness goals. Before selecting which equipment will better serve your particular case it is necessary for you to conclude on what do you want to get out from your home exercising facility. Do you wish to maintain your fitness level or increase it? Do you want to burn more calories and add muscle tone or boost your energy? Moreover, upon deciding on your actual fitness goals you have to estimate which are your objectives; which muscle groups you want to train first.
- Budget: The crucial cost related question comes second, because upon deciding on your fitness goals and objectives you have to determine how much money you have currently available for your house gym project. Keep in mind that a usual price range is between $ 300 and $ 1,000 per equipment and in case you are aiming to buy the best there is, you should at least double those prices.
- Area: Prior to any purchase, you have to decide how much space are you willing to allocate for your home gym. Does the whole basement seem a good idea, or do you have a spare room you use currently to put laundry which can fit your purposes perfectly? Decide on which area of your house is going to be hosting all the equipment you will later carry in and measure its exact dimensions.
- Fitness Machines: In order to meet the previously determined fitness goals and after deciding upon the available budget, you have to go shopping. A variety of fitness stores can supply you with the equipment you will need to train that set of muscles you want, but before accepting an offer try first to look around and check what you can discover. A store might be selling off, a department might have an extremely good deal on a couple of machines, or your neighbor might be interested in selling his treadmill. Check, ask and test the equipment you are considering of buying. After all, you are about to spend a small fortune.
- Expert’s Opinion: Ask, listen and write down the opinion of people much more experienced than you. Also it is always better to purchase the equipment you will be using from a fitness specialty store. You are entitled a guarantee and you can choose from a greater variety of machines. Moreover, these types of specialty stores employ professional trainers most of the times, who know what to advice you and why.
- Knowledge: Research and learn. Try to improve your knowledge on safety issues and exercising risks. Read all those equipment directions before attempting to use them and follow them!
Jonathon Hardcastle
http://www.articlesbase.com/advice-articles/building-a-home-gym-62571.html
Thinking about building my own home but dont know where to start?
Got some questions….
1.how does the money side of it work? when i am still in my home and i still have not sold it.Does the mortgage on the self build home depends on the value on the home im in?
2 .will i have to pay for the 2 mortgages until the new home is ready?
3.where do i start once i have got the land?
at the bottom then work your way up- sorry couldn’t resist
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good luck
Yes to 1 and 2 and planning permission for no 3 I would see if you can get planning permission for the third first befor you even consider
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the way my brother did it was, he bought the property first ,and then did a little at a time ,started by getting permits for plumbing and electrical and gas, and then he put in the blocks. then the floor .waited and built the walls. all this was just him and me and my daddy on the week ends. after about a year he finally got the roof on and tarpaper on the walls (what we call blacked in ) not complete but out of the weather so to speak. ,just a shell. then he was able to go to the bank and get $20K just like that to finish it!
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You have to buy the land out of pocket. The first home can be financed so that there is money to buy the land and build the house.
This way the old house once sold, pays for the building of the new house. Chances are that the old house will not have enough equity in it to completely build the new house. If you don’t have the cash laying around to do the whole job, do a partial. You can put in 1 of 3 bathrooms, and the barest needs in the kitchen. After you move in, the other work can be completed.
Construction loans for this kind of project is not very available, as far as I know.
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I would first place my current home on the market…
The house that I am planning to build, I would start.. Now, this may be called putting the cart before the wagon BUT I think that you should sell your home that you are in now.
Recently, a friend of mine had the same problem.. They purchased a home in a new development.. There current home had been on the market for 3 months and still no sell. As the time to move in the new home got closer, they panicked.
Fortunate thing occurred, the house sold 1 week before the scheduled move. Call that "cutting it close"..
I asked, what would you have dione differently? His response, place the current house on the market as early as possible, even IF there current home was still being built they could have moved in a hotel and paid storage fees (this is what they were trying to avoid) BUT even still the current house would have been sold and no TWO mortgages.
As for you, try an get your current house sold and if you can afford to start building your dream home NOW. You just need to make sure that your asking price is reasonable, in tip-top shape, and that you see a profit. Time can be both your foe and your allie in cases like these
Actually, with today housing market there are so many avenues to choose to get your home sold. Be creative.. There are many pre-approved buyers who are looking for a great deal and the house of their dreams.
Do your research BUT just make sure that you evaluate your time well and you can have the best of both worlds. A sold house and living in your dream home..
AND 1 mortgage with money in da bank which should be your ultimate goal.
Best wishes!
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The first thing you have to do is acquire the land. Then you have to find out from the city planning & permits department what is allowed to be built on the land as far as single family or 1-4 units, condos, townhomes, commercial or industry.
Once you know the zoning you can make an intelligent decision as to if you want to purchase the land or not.
You will be required to pay your existing mortgage even after your new home is built until you sell it or turn it into a rental.
The mortgage on your existing home has nothing to do with the mortgage on your new home.
Normally you will not have to pay anything on your new home until your new home is complete and your permanent mortgage kicks in.
Now about the money portion. Most lenders will not lend you the money to purchase the land and then turn around and give you money to construct a building. So you will have to get the land. In your contact with the seller of the land if you have to pay monthly installments, make sure that you have some place in the contract that the land loan will subordiate to a construction loan.
Many lenders now will do both the construction loan as well as the permanent financing. That way you only have to fill out one application for the loan request. You will be given a construction loan to do the construction. After the construction is done it automatically converts to permanent financing.
I hope that you this is of some use to you, good luck.
"FIGHT ON"
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