![]() Many investors claim this is the MOST important metric in your investing business, but here are our top ten metrics via blog post or YouTube video, in order, in case you’re interested. It’s an investor’s version of a high-level income statement. This may help them to better understand the income profile of their direct real estate investments.Net operating income or NOI tells real estate investors how much money you make from a given investment property on a weekly, monthly, or yearly basis. But applying a similar approach at the asset level has the potential to help investors differentiate net operating cashflows from free cash flows. For those familiar with listed real estate markets where metrics like adjusted funds from operations (AFFO) - a measure of financial performance - are sometimes used, the practice of adjusting for recurring capex may not be a new concept for some investors. The above examples help to demonstrate how capex adjustments can have a sizable impact on yields and that various factors like age, location and property type can influence the size of the impact. Location can also matter as capex levels vary across countries While Australia’s NOI yield was relatively high in 2018 at 5.2% (and at a similar level to Portugal), after adjusting for capex, Australia was more comparable to some of the European markets like Italy and France, both of which yielded 3.5%. Moving to a country level, the exhibit below compares the national markets within the MSCI Global Annual Property Index. The magnitude of capex adjustment can vary considerably However, after factoring in capex, the adjusted yields for office were 2.9%, only slightly higher than the 2.8% for the residential sector. We can also see that at the headline level, NOI yields for office assets in 2018 were 4.2% - 60 bps higher than for residential assets. Thus, while assets built in the 1960s and the 2010s had NOI yields of 4.1% and 4.0%, respectively, after adjusting for capex, the gap was much wider with 1960s and 2010s buildings, yielding 2.5% and 3.4%, respectively. The first notable observation is that the adjustment for older assets was larger than for newer assets (which is understandable, given older buildings can require more maintenance expenditure). This is illustrated in the exhibits below, which use 2018 data from the MSCI Global Annual Property Index to compare NOI yields against capex-adjusted NOI yields. The amount of capex for assets can vary due to things like the property type, country and asset age. So, while we’ve seen record-low headline yields every year since 2014, capex-adjusted yields are still only just below their 2006, pre-financial-crisis lows. ![]() It is also worth noting that capex has been lower since the global financial crisis. So, while the headline NOI yield achieved by commercial real estate in 2018 was 4.4%, a capex-adjusted measure of NOI yield registered around 110 bps lower, at 3.3%.Ĭapex-adjusted yields trend lower than headline yields Between 20, the adjusted NOI yield averaged around 130 basis points (bps) lower than the headline NOI yield (see exhibit below). We used data from the MSCI Global Annual Property Index to demonstrate the effect of adjusting net operating income (NOI) yields to account for the amount of capex. Investors may therefore, in certain circumstances, want to look beyond headline income returns and yields to better understand the “free cash flow” position of their assets or portfolios after capex. However, real estate assets are physical buildings requiring ongoing capital investment. The fact that income accounted for such a sizable proportion of the long-term total return helps illustrate why income returns and yields have often been highly scrutinized as part of the investment process. The importance of income to real estate investorsįor example, over its 18-year history, the MSCI Global Annual Property Index has achieved an annualized total return of 7.4%, 5.7% of which was income return. But do investors fully appreciate how much capex their portfolios require? This may help them gain a better understanding of the income profile of their portfolios. This is certainly true of real estate, where capital expenditure (capex) is required to maintain and operate a portfolio. Investors looking to understand the potential “free cash flow” position of assets or portfolios post-capex may want to adjust the yields they use to account for it.Īs the old adage goes, you have to spend money to make money.Variables such as age, location and property type can influence how much capex is required to operate an asset.But headline yields often do not factor in capital-expenditure (capex) requirements. Income is an important part of real estate returns, meaning yields are often heavily scrutinized by investors.
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Getting in the habit of writing down what you’re thinking while you’re thinking it is a great idea for any college student. The URLs are saved and your thoughts are stored for you to revisit. Sidenotes opens up a sidebar in your browser and allows you to take notes next to a URL, then stores those notes in a secure Dropbox. I use tabs to help organize my day and remind me what I’m supposed to be working on while I’m browsing the internet. ![]() I suffer from a near-paralyzing fear of closing a tab. It works with your campus bookstore’s website, so long as your school is using BNCollege, or Neebo.Īs I count right now, I have over 15 tabs open in my browser. Occupy the Bookstore shows you the best prices on the web as well as student listings at your campus for the book you’re searching. But at least tools have been developed to minimize one of college’s most unrewarding expenses. 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With us you have come to the right place. ![]() We say congrats to the Big Kat and the rest of the Ohio State graduates for completing something nobody can ever take away from them. of Athletics’ degree completion program, Katzenmoyer will be handed his degree, no doubt fulfilling a lifelong goal of his. Your big day is here, #OSUGrad Class of 2021! We can't wait to celebrate with you! ⭕️□ Find more info about today's ceremony at. He won a Super Bowl with the Patriots in 2002, but his career was cut short due to a neck injury. Katzenmoyer was a consensus All-American in 1997 and a three-time first-team All-Big Ten performer who was drafted by the New England Patriots in the first round of the NFL draft in 1999. IU increased his career total to 45, good for fourth all-time at Ohio State. (Sporting News/Getty Images) The summer offseason is in full swing, and Lettermen Row is trying to survive it with our annual Position Week breakdowns. He was the first Ohio State linebacker to win the Butkus Award and one of two all-time along with James Laurinaitis. Butkus and Lombardi Award candidate Andy Katzenmoyer ranks third on the team in tackles with 49 and second with nine tackles for losses totalling 29 yards. Andy Katzenmoyer was the first true freshman linebacker ever to start for Ohio State. At 6 feet, 3 inches and 260 pounds, the former Buckeye great ran like a 220-pounder and was one of the most intimidating players of his day in the college game. , money, salary, income, and assets.Twenty-three years after completing his college career at Ohio State, former linebacker Andy Katzenmoyer is getting his degree from THE same university.įor those of you old enough to remember, Katzenmoyer, or “The Big Kat,” was a freakish athlete who was one of the best to ever play linebacker at OSU. In August of 1998, I was 13 going on 14 and about to start my second season of middle school football as a. All-Time HSFootball GOATs From Every State Ohio: Andy Katzenmoyer, LB High School: Westerville South High (Westerville) Graduation year: 1996 College: Ohio. So, how much is Andy Katzenmoyer worth at the age of 45 years old? Andy Katzenmoyer’s income source is mostly from being a successful. Everything linebacker for the Buckeyes from 1996 to 1998. His net worth has been growing significantly in 2022-2023. According to our Database, He has no children. ![]() We don't have much information about He's past relationship and any previous engaged. ![]() Andy Katzenmoyer Height, Weight & Measurements He is a member of famous with the age 45 years old group. We recommend you to check the complete list of Famous People born on 2 December. This is a look back at the life and short pro career of Andy Katzenmoyer. After being selected in the first round of the draft by New England, Katzenmoyer was out of the NFL by 2002. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 45 years old? Popular As In three years at Ohio State University, the Big Kat practically rewrote the book on the linebacker position. Discover Andy Katzenmoyer's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. 15, 1998 12 AM PT From Wire Reports Ohio State All-American linebacker Andy Katzenmoyer must pass classes in music, golf and AIDS awareness this summer to be academically eligible to play in. He lives in Westerville with his wife and three kids. He sells property and casualty insurance. He played college football for Ohio State, and became the first Buckeye to win the Butkus Award. To the editor: Even as a die-hard sports fan, I get sick of how much emphasis we put on sports in our society. He was selected in the first round (28th overall) of the 1999 NFL draft by the New England Patriots. Jan 25 A surge in hiring by small business could run afoul of the Fed’s efforts to cool inflation wsj. Andrew Warren Katzenmoyer (born December 2, 1977) is a former football player who was a linebacker.Andy Katzenmoyer was born on 2 December, 1977 in Ohio, United States. 61 (Fax) Andy started in the insurance industry in 2020 and before that was a small business owner for 15 years. AndyKatzenmoyer Westerville, Ohio Joined October 2009 124 Following 2,120 Followers Tweets & replies Media Andy Katzenmoyer AndyKatzenmoyer ![]() Having an official Tor maven repository would be more than awesome, but starting with just some official binaries is more than fine, too. Once we’ve built the tor and obfs4proxy binaries, we’re publishing them via Maven to later use them in our all-Java project. Are you publishing these binaries somewhere, so we don’t have to extract them from the Tor Browser bundle? On Debian stretch, the runc package is available in the main repository. ![]() On Debian jessie, the runc package is available in backports. When adding Windows support, I first tried using Tor Browser’s tor binaries which worked like a charm. Tor Messenger Build Installing build dependencies To build Tor Messenger, you need a Linux distribution that has support for runc (such as Debian jessie, Ubuntu 16.04, Fedora 20, etc. I was told that back in the old days Tor wasn’t publishing any reproducible tor and obfs4proxy binaries and I wanted to ask: has this changed in the meantime? Maybe specify another using -with-openssl-dir}”. This is quite tedious because we also build zlib, openssl and libevent beside Tor each time, while targeting all Android platforms, Windows/x86, macOS/x86 & ARM, Linux/x86 & ARM.įor example, this time I was adding Windows support to our Tor reproducers, but now all Linux builds are failing due to tor saying “checking whether we need extra options to link openssl… configure: error: Found linkable openssl in /opt/tor-reproducer/tor-android/prefix, but it does not seem to run, even with -R. Nico here from Briar, a p2p messenger making use of Tor to deliver messages directly to one’s contact when the Internet is available (Briar can also synchronize by other means).Ĭurrently, Briar is building its own reproducible tor and obfs4proxy binaries with the help of two tor-reproducer and go-reproducer scripts. ![]() You should also turn off apps or settings that might affect your Wi-Fi connection on the Android. You can protect against this by switching off your cellular data connection on the Android device before you start. If you receive a phone call or use another app on your Android device before the transfer finishes, the whole operation will fail. One way around this is to upload photos and videos to an online storage service or computer, then add them your collection later. ![]() If you try to transfer more data than the iPhone can hold, the process will fail. Make sure you have enough storage on your iPhone to hold all the data you’re moving over. (Too late? See “What to do if something goes wrong” below.) Dos and don’ts when moving from Android to iOS That’s why Apple made the app.) Don’t begin setting up your iPhone until you’ve installed the app and are ready to begin this process. (If you don’t use the app, you could lose information, since doing this manually can be time-consuming and tedious. The bottom line? Once you’ve purchased your new Apple device, download Move to iOS to your Android handset before you proceed. To keep your information safe during the migration, everything is transferred across a temporary, secure, private Wi-Fi network the app creates between the two phones that means your information does not need to be uploaded or downloaded from the cloud. It’s also essential that you take note of all your passwords (or begin using a password manager such as 1Password), as those are not carried across by this app. It does not move music, books, or PDFs, which you must transfer manually, as explained below. Specifically, what the app does is help move your contacts, message history, photos, albums, videos, bookmarks, schedule, Google/mail account, and accessibility and display settings to your new device. The Move to iOS app makes it easy to transfer data and apps from an Android device to an Apple iPhone. The app is available in the Google Play Store and automates much of the migration process for you. There’s an app for that: Move to iOSĪpple has created Move to iOS, an app to soothe the pain when moving to an iPhone. Which means when you’re ready to make the leap to the Apple ecosystem, as many are, the process should be straightforward - and even easier if you follow this guide. The days when migrating from an Android device to an Apple iPhone was characterized by frustration, complexity, and lost data are for the most part behind us. ![]() Step 2: Open the app if you have it installed, but if you don’t, download it.Step 1: Open your FireStick home screen and search for ES File Manager.You can update Kodi via ES File Manager using the steps below: This is why Downloader remains the most popular choice, as it is free to use. Although ES File Manager has a free plan, users must upgrade to the plan for $9.99 to sideload Fire TV apps. However, it is no longer free to sideload apps with ES File Manager. How To Update Kodi on FireStick Via ES File ManagerĮS File Manager is a file manager application with sideloading abilities. Step 27: The app’s details and version will be displayed at the bottom area.Step 26: To confirm the version installed on your device, open the Kodi app, click on Settings, and select System Information.Step 25: You will see an App Installed notification signifying the Kodi update file has been successfully installed.Step 24: Wait until the file is installed.Step 23: Click the Install button after downloading the Kodi app.However, if you want to install the new update, follow the steps below to complete the installation. Suppose you aren’t happy with the Kodi 20.0 Nexus version you can uninstall it and revert to the older version (Kodi 19.5 Matrix) but type this URL – in the URL text box. Step 22: Wait until the new update is downloaded.Step 20: After clicking the input box, you will see an on-screen keyboard appear on your screen.Step 18: Launch the Downloader app on “Your Apps and Channels”.Step 16: Press the Home key on your remote until a prompt appears. ![]() The steps below show instructions to update Kodi on Firestick: Step 15: Disable the Collect App Usage Data option.Step 11: Return to your Fire TV Settings.Step 10: Turn On The Unknown Sources option for Downloader.You will see the developer options menu after following these quick steps. Then tap About, and click Fire TV Stick up to seven consecutive times. Note: In case you didn’t see the Developer Options feature, return to your FireStick Settings and click on My Fire TV. Step 5: Select the app and follow the on-screen prompts to install it on your FireStick.Downloader is a popular app amongst cord-cutters and can be found on the Amazon App Store.įollow the steps to update the current version of your Kodi app on FireStick. In case you have sideloaded your FireStick, you can jump to Step 16: How To Update Kodi To The Latest Versionįor FireStick users, we will use the Downloader app to update Kodi. So, if you want to update the app, you must do it manually. Since Kodi is a third-party app, it won’t be automatically updated on FireStick. Newer Kodi apps are bug-free and well-optimized to provide the best streaming experience. If you have an older version of Kodi and refuse to update to the most recent version, you deny and restrict yourself to the latest features and fixes in the app. If you are experiencing buffering issues or the Kodi app isn’t working on your device, a good way to fix it is to update the app. From time to time, the Kodi developers work on the app by fixing issues affecting the smooth running of the app and incorporating newer features that users will be happy to use. Updating your Kodi app is more of upgrading the app for an improved experience. If you use smart devices and gadgets such as PCs and smartphones, you install recent versions of the app or software running on your device. Select it, making sure it reads ON underneath.I can’t overemphasize the importance of updating the Kodi app. Next, pick Developer Options and you should see a sub-menu that includes the entry 'Apps from Unknown Sources'. Select the nav tabs from the home screen by pressing up, and scroll right to reach Settings. This is an important security feature, but it needs to be disabled before you can install Kodi, as it’s not available direct from Amazon. By 'unknown sources', the Fire TV simply means any apps that are not from the Amazon Appstore. The next part is where we get serious: enabling downloads of apps from unknown sources. Step 2: Enable installing apps from unknown sources Now just click through and install the app. Type in 'downloader' and the app will pop-up in the results. Go to the Home screen display, press the up key on the remote so the navigation tabs are selected, then press the left key to get to the universal search area. If your Fire TV isn’t voice-enabled it’s quickest to use the text search, as sifting through categories can take an age. ![]() Much like butyl tape, this is essentially a pliable putty roll with removable backing. However, it isn’t uncommon to see it applied as a moisture gasket to temporarily block off roof leaks. ![]() Putty tape is a rubber-based sealant that’s primary purpose is sealing plumbing joints. This tape is also frequently used to protect deck joists and beams from moisture. Butyl tape is used by everyone from RVers needing to seal flanges on their roof vents to construction crews that want to create a tight seal around deck screws and fasteners. However, despite some minor downsides, this tape is still a favorite among DIY enthusiasts and construction professionals alike. Additionally, as it oxidizes with age, it may also show some discoloration, and some varieties are prone to sticking to their backing in warmer weather. One downside of solvent-based butyl tape is that exposure to chemicals like gas, turpentine, and mineral oil will break it down over time. Surfaces that butyl tape will stick to include: Additionally, it doesn’t dry out easily and retains its integrity for many years when used, saving time and money on repairs and installs.Īny surface on which you are using butyl tape should be clean and free of dust and moisture for optimal adhesion. It provides an excellent airtight and waterproof barrier that will maintain its durability and flexibility through extreme temperatures. This solvent-based sealant has a strong initial tack that allows it to instantly bond and seals most surfaces-including those where moisture is a factor. putty tape to avoid a sticky situation! What is Butyl Tape?īutyl tape is a pliable tape with a removable protective film. Here is what you need to know about butyl tape vs. Whether you’re wondering what is butyl tape? Or which tape should I use to repair my leaky camper? this guide is for you. ![]() They differ in surface adhesion, durability, and flexibility-with one tape coming out on top in all three of those categories. However, while many think these tapes are one and the same, that isn’t the case. When it comes to adhesives and sealants for home repairs, installations, and vehicle maintenance, butyl tape and putty tape are frequently favored for their ease of use and versatility. ![]() The Subject: The subject has been identified as various types of dog. 2), which may be that of Georgiana, Duchess of Bedford (1781–1853), sister of the Duke of Gordon, who was one of Landseer’s most loyal patrons and possibly also his mistress. An infrared reflectogram of A Deerhound reveals, beneath the paint, a drawing of a woman’s head (fig. This monumental canvas, made near the outset of Landseer’s engagement with the Scottish Highlands, was one of his first aristocratic hunting portraits, and a milestone in his rise to prominence. The same dog appears, nuzzling under the hand of its master, George Gordon, 5th Duke of Gordon (1770–1836), in Scene in the Highlands, with Portraits of the Duchess of Bedford, the Duke of Gordon and Lord Alexander Russell (see fig. The present example is unusual in that it can be directly connected to a more ambitious composition. The picture may be classed among the small oils on board which served the artist as a means to explore his subjects and hone his technique. Landseer depicted the dog with great sensitivity, using delicate brushstrokes, while treating the background landscape more freely. The Painting: This painting depicts a deerhound, which were bred to hunt deer by running them down, a method known as coursing or deer stalking. His best paintings present the Highlands, and especially its pastime of deer hunting, as a paradigm of primal qualities: wild splendor juxtaposed with violent death. ![]() Landseer, a perennial visitor to the Highlands since 1824, was among the first painters to carry forward this Romantic vision in his art. Many of Landseer’s works are set in the Scottish Highlands, a rugged region in northwest Scotland that was immortalized in the nineteenth-century imagination as a place of untamed natural beauty and rustic tradition, most prominently in the novels of Sir Walter Scott (1771–1832). His popular appeal owed much to his charmingly sympathetic portrayals of beloved pets, but his ambition is most evident in his images of wild animals, which possess a vitality and emotional drama that epitomize his era’s attunement to the natural world. Landseer’s paintings were esteemed by the artistic establishment and noble patrons, including Queen Victoria herself. ![]() He invigorated this cherished British artistic tradition with a brilliantly naturalistic style, borne of his prodigious technical skill, honed through rigorous observation, and intensified and elevated by the study of exemplars such as Peter Paul Rubens (see The Met 1990.75) and Frans Snyders (The Met 2001.112). He died in London on 22 July 1879, leaving 10,000 guineas to the Royal Academy to fund scholarships.The Artist: Landseer earned success as a painter of animal subjects, most notably dogs and deer, with a specialty in hunting scenes. While under Haydon's instruction he also made a series of detailed anatomical drawings. and his Adherents before the Battle of Edgehill, Clarissa Harlowe in the Prison Room of the Sheriff's Office (1833, now in the collection of the Tate Gallery), The Pillaging of a Jew's House in the Reign of Richard I (1839, Tate Gallery) and The Temptation of Andrew Marvel (1841). His works included The Meeting of Charles I. He paid close attention to the historical accuracy of the accessories and details in his paintings. Most of his pictures were of subjects from British history, or from literature. In 1851, he was appointed Keeper of the Royal Academy, a post requiring him to teach in the "Antique School". He became an associate in of the Royal Academy in 1837, and a full academician in 1845. Many of the drawings he made on the journey were shown at the British Institution in 1828. In 1823 he accompanied Sir Charles Stuart de Rothesay on a diplomatic mission to Portugal and Brazil. He was awarded the silver palette of the Royal Society of Arts for a drawing of Laocoon in 1815, and in 1816 he entered the Royal Academy Schools where he was taught by Henry Fuseli. ![]() He trained under his father, and the painter Benjamin Robert Haydon. He was born in London on 12 August 1799, the second son of the engraver John Landseer, and the elder brother of the animal painter, Sir Edwin Landseer. Charles Landseer's Cromwell reading a letter found in Charles's Cabinet, after Naseby Alte Nationalgalerie, Berlin. |
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