Coastal

Are you a recent offshore oil rig dock worker who has just become a victim of an offshore injury? Do you seek a solid maritime lawyer to assist you? Where do you begin? Perhaps you’re simply wondering how you may avoid this trap in the first place and find jobs that are suitable for living near a coast. If you seek to avoid injuries and have a good experience overall, there are numerous options for you.

First of all, many coastal towns are known for their tourism attractions and possibilities for employment as well as growth opportunities in all areas of life. These often beautiful, diverse and unique coastal towns offer a plethora of overlooked resources that are often high demand and not found anywhere else. As I mentioned, tourism is often the main source of income for a coastal town, especially those without much surrounding cities or ports nearby. The further by the coast that you find yourself, the easier that it’ll be to find a tourism job there, for the entire coast often relies solely on tourism income streams to survive.

What exactly may constitute a tourism job? There are three things: food, shops and fun events or excursions. Many large and small coastal towns in or outside of the U.S. offer numerous things to explore, see, eat, drink and experience. By the way, most fast food chains are international. Therefore, wherever you go, you’re more than likely to find a chain and one that is hiring immediately. Turnover rates are high, even in other countries.

Offshore oil rig jobs are also available, but you must first procure a TWIC worker’s card and merchant mariner credentials in order to qualify. Federal laws mandate compliance with such pre-requisites. You may also work behind the counter of a local gift shop or small imports domestic trade service; these are many, and the owners are usually in much need of assistance, willing to offer jobs on the spot for some. If you speak another language, that’s always a plus. You may need to work long days and hours, but in the end, it’s worth it as it provides a quality vacation-minded lifestyle.

Ultimately, to get a job near a coastal town, you must first research and personally get to know the coastal town and its surrounding regions. You must take in the culture and also love it, for if you don’t love it, you’ll be more miserable than you imagine. At that point, leaving the town may seem like the best idea, but it won’t be as easy as you expected.

Also, many people say that a town may be known for its food. The better that it is, the more that people will flock to it and wish to eat there. You may get a simple job behind a restaurant’s serving line, a fast food chain’s front counter, as an assistant cook or waiter or even as a dish room employee. The opportunities are endless, and the needs are many.

Real estate is among lucrative long-term investments you could embrace to secure your financial future. Buying a beach home is a perfect way to boost your income stream and this adds a good asset to your portfolio. However, many people who make losses after investing in the industry lack the foresight and information that can guide them while choosing what to buy. To help you understand whether you should invest in buying a beach house, here are the pros and cons of such a decision.

Pros:

Diversify your assets

Your primary stocks, home and commodities are a good place to keep your money, and acquiring a beach home allows you to diversify your assets. Buying at the perfect time can give you massive profits in the long run, so you need to research about the status of the market to choose the most suitable deal.

Setting up for retirement

Oceanfront retirement spots have continued to earn positive value growth. Buying a beach home not only offers you a sound investment, but it can be a place where you can relocate to once retirement kicks in. Buying early gives you enough time to fix the home exactly how you would like, so you are able to get a perfect escape for your retirement.

Building rental income

If you rarely use your beach house, you could opt for renting the property out to create year-round income opportunities. Renting during peak months can give you a positive income stream that you can use to service mortgage and make upgrades and repairs.

Providing for your relatives and children

If the reason for owning a beach house is not motivated by income, you could give your relatives and children housing especially if they attend nearby colleges. Off-campus housing saves money and the savings generated can be invested in other projects.

Cons of owning a beach house:

High cost mortgages

Recently, lenders began losing in the real estate market and for new borrowers it could take higher interest rates to secure credit for a home. Depending on location, you could have to take a 15-to-30-year mortgage that will definitely keep you preoccupied for many years working hard not to miss repaying the loan.

Home maintenance

To keep your beach home value, you need to do regular maintenance. Salt water in the beach affects metallic parts through corrosion, so you might need to replace any worn out parts regularly, which translates to a high cost of maintaining the house. Therefore, before you acquire any beach house, you need to understand that sometimes you will incur cots for repairs and upgrades, and there is no fixed timeline that allows you to prepare for these expenses.

Inflexibility

With time, you might need to sell the house to probably invest elsewhere. The biggest challenge is that a beach house is not a liquid investment, so you could be forced to wait for a longer period of time before a buyer shows up. If the condition of the home at the time of disposal is not perfect, you could lose a huge chunk of its value and end up getting less than you bought it.