Sam Primm uses private and hard cash loans to purchase and upgrade properties. It then switches to conventional mortgages to pay off the initial lenders. Underestimating the rehabilitation and overestimating the final value of the property are risks to watch out for. Sam Primm told Insider that he and his best friend bought their first …

Amplify Energy emergency response plan for a major oil spill like the one it is currently facing on the southern California coast depended heavily on a quick shutdown of the San Pedro Bay pipeline if its sensors registered a sudden loss of pressure. This is not what happened, investigators revealed Tuesday. After an alarm went …

Driven earlier this year by a massive tax windfall, New Jersey set aside billions of dollars to pay down debt and budgeted for its first full retirement payment in more than two decades. There was also enough money in the budget enacted by Gov. Phil Murphy and lawmakers in late June to fund a whole …

By Bay City News Service – As drought conditions persist statewide, officials in the East Bay Utilities District said Monday the agency had started tapping water from the Sacramento River to increase local supplies. EBMUD, which provides water to some 1.4 million people in Alameda and Contra Costa counties, generally taps into the Mokelumne River …

Posted on Tuesday, October 5, 2021 | 14:47 Updated 2 hours and 27 minutes ago HUNTINGTON BEACH, Calif. (AP) – The pipeline that spilled tens of thousands of gallons of oil into the water off Southern California has been opened and apparently dragged over 100 feet along the bottom of the ocean, possibly by the …

David Iben put it well when he said: “Volatility is not a risk we care about. What matters to us is to avoid the permanent loss of capital. ‘ When we think about how risky a business is, we always like to look at its use of debt because debt overload can lead to bankruptcy. …

Last week, Scott Morrison’s coalition government announced it would cut the payment in the event of a COVID-19 disaster. This change will take effect once states and territories achieve an 80% double-dose vaccination rate for people aged sixteen and older. Introduced in June 2021, the COVID-19 Disaster Payment offers between $ 450 and $ 750 …

COLUMBUS, Ind. – Columbus City Utilities is preparing to add four new water wells to its well field. According to a notice from the Indiana Department of Environmental Management (IDEM), the city has submitted building permits for projects described as “Wells 20, 21, 22 and 23 – WATER INTAKE AND WELLS.” and “Well # 20, …

OnTheWight always welcomes a Letter to the Editor to share with our readers – unsurprisingly, they don’t always reflect the views of this post. If you have anything you would like to share, please contact us and of course your thoughtful comments are welcome below. This from Cllr Richard Quigley, Isle of Wight Labor adviser …

The company that is waiting for the green light to build a battery storage system in Tyabb says advanced safety precautions were included in its design. The risks have been reduced by using lithium iron phosphate (LFP) batteries and having 24/7 fire detection and extinguishing systems. Maoneng co-founder and CEO Morris Zhou said safety was …