The Net Income Of The Venture

Category: Finance, Real Estate.

Securing commercial real estate financing can be a difficult task if you re not familiar with the field. Residential properties are solely for housing people.

First, let s distinguish between residential and commercial. The location can have up to four units. With that clear, let s discuss the actual financing. Five or more units, and just about anything not intended for habitation, qualifies as commercial. Acquiring money, and how much you are allowed to borrow, is affected by a number of factors. The net income of the venture.

When analyzing an investment plan, lenders consider the following: The borrower s credit rating. The laws and demographics of the area. These are not the only things lenders consider, but these can give you an idea of how much planning and research you need to do. The kind and number of tenants. We ll address these as the most immediate concerns that you can also investigate on your own. This very important number controls your financing life and future. Commercials all over television talk about a person s credit rating.

Basically, the higher the rating, the more likely lenders are to give you a larger loan with a decent interest rate. If you have a median rating, you may have to begin with a smaller venture so that you can get a reasonable loan and interest rate. For them, a good rating indicates not only your ability to pay, but your level of responsibility to your debtors. In addition to the credit rating, but far more important a consideration in commercial property, is the net income of the venture. A proposal that does not clearly indicate profits enough to cover expenses and loan payments is not likely to receive funds. Financiers want to see that the venture will allow you to pay the mortgage due each month. It is important that you investigate this before proposing a venture to a lender.

Consider the laws and demographics of the area because the finance agency will. Make sure you account for all of the expenses( repairs, etc, maintenance. ) before presenting your net income on the property. If laws are going to restrict the productivity of your venture, lenders may be reluctant to provide a loan. If the population is low or isn t likely to patronize your business, that can effect, again whether or not you get funding. The same is true of demographics and the economic climate of the location. Also, the economic activity of the area influences financial decisions.

Let s say the area is a money drain, or in an escalating slump. If there is a boom, your chances increase. It will be harder to justify commercial real estate financing in those kinds of conditions. For example, if you re proposing to open a health food store in a strip property that has several fast food tenants, then your business s chances of success are much lower. Also look at your tenants. If, for instance, you open the same kind of store in a strip with a gym, yoga studio and health spa as tenants, the likelihood of getting frequent customers is increased. These are not the only considerations, but they are easy to check into and can help you decide if a particular venture is worth your time and the work involved in securing commercial real estate financing.

Lending institutions take these sorts of things into consideration because they influence the profitability of your venture. Make sure you do your homework first, and securing funds for your venture will be an easier process.

Read more...

Prime London Property Prices Have Risen Again, And Have Overtaken Tax Haven Monaco Property Prices, According To A Report Recently - Alissa Favreau's Finance and Real Estate blog:

Prime London property prices have risen again, and have overtaken tax haven Monaco property prices, according to a report recently. Interest rates in the UK have been rising recently, and there is a danger of UK property prices generally falling, which could have an impact on the top end London market.

Andorra Property - Finance and Real Estate Articles:

Apartments and chalet prices in Andorra, second only to Monaco in popularity among Europe s tax havens, have risen consistently over the last decade by an average of ten per cent a year, and in the last two years by over fifteen per cent. A lot of tourists, some of whom end up buying a property in Andorra, delayed their visit or went elsewhere. Andorra has unusually high demand for property as there are three streams of buyers: An active local market, international buyers looking for residency in a tax haven that offers residents a zero rated tax rate, and second home buyers looking for a ski property in the Pyrenees.

Real Estate Business Basics

Category: Finance, Real Estate.

The real estate business is thriving and there is more money for the competent investor in the business.

If you are dealing with the rich customers you should be able to tolerate their whims and the wildest fancies. The real key for this striking the right deal. At one point, they want to sell their property while at the other moment, they back up and here lies the true skill of convincing the customers for the real- estate professionals. The investment in the real estate business is great and this is the first thing that the new entrepreneur must take into consideration before jumping in the business. The growth in the real estate venture has been phenomenal and as the population rises so does the need for more houses and properties. This involves buying and selling of homes and other properties.

One may have to wait longer for the property to have a good value, but the ideal real estate professional during the time properly maintains the estate so that the value of asset increases and so does the net worth of the professional. Patience and the right opportunity is the key to success in this business. Real Estate Business Basics. The first thing to start your real- estate- business is to have the license for doing the business and you can start the business through the internet. For the beginners in the real estate business things could be challenging in the beginning but holding your ground fast and not yielding to pressure can get to a long way in the business. The online training courses help the beginners to clear the pre- license specifications.

The real- estate business is demanding and this calls for some qualities for the beginners like negotiation skills with the buyer and seller of the property, an understanding of the laws of the government regarding property, and the real, ownership transfer laws estate transactions. The professional has to be nineteen years old, possess a high school diploma and should have done the approved course. The real- estate- business also involves things like lending and mortgages, and the real, property appraisals transactions. The use of the property determines the valuation of the property and this is very important for the real- estate professionals to buy or sell the property with a profit. In the property appraisals, the real worth of the property like home, and the rented, office property is done using different methods. The majority of the real- estate properties are bought using finances and so the real- estate professional must know the different methods of lending and mortgages since this would affect the profit or loss for them.

The professional also helps the clients with the best mortgage scheme and get them the best loan for buying the property. When the professional has the knowledge of the mortgage and lending, they can better explain to their prospective customers what is adjustable and fixed rate and this will better help the buyer to take the decision and have confidence in the real estate professional.

Generating Real Estate Leads Today

Category: Finance, Real Estate.

Generating Real Estate Leads Today.

The question is how do you generate those vital real estate leads most efficiently? Real estate leads are truly crucial to your success as you probably already know. You could choose the old- fashioned methods or you could opt for newer, more technology- driven methods. Getting Real Estate Leads: The Old- Fashioned Approach. The choice is inevitably yours to make, but let s look at your options a little more closely. Real estate used to be all about referrals. Referrals are a great way to secure real estate leads even today, but the problem is how do you stay in contact with your old clients so they ll remember to give you that referral even five years down the road?

For example, if I sold a house to Person A then Person A might tell his or her friends and family about the experience then when they needed to buy a home they would consider using my services. Advertising is another good way to find real estate leads. The cost for this advertising can be pretty expensive and that cuts into the money you do finally earn off the real estate leads your ads generate. Even today, you ll see posters of smiling real estate agents plastered on billboards, public transportation, benches, and more. Networking was another old- fashioned technique. You d pass out business cards, make some small talk, and hope to make some useful connections. You d find opportunities to mingle with people who could one day become your clients.

At the end of the day, you d probably return to the office with dozens of business cards but not quite as many leads. All of the methods above can still be used, but there is a more effective method of finding real estate leads: the Internet. Getting Real Estate Leads: The Modern Way. By using the Internet, you can literally be generating real estate leads while you re sleeping, working with other clients, or even showing your properties. In fact, much of what you do to promote your site can be done for free. Plus, using a website is significantly cheaper than most forms of advertising agents use today. Setting up a website and getting it off the ground does take some work and some energy.

You can begin making connections with potential buyers and sellers in your area who may never have heard of you otherwise. However, if you do it right then you could create a website that could be viewed by millions of people. Through the Internet, you ll also have an affordable way of staying in touch with past, and future clients, present( i. e. email) so your name stays fresh in their minds when it comes time to make that referral or to buy that property. In the end, you ll save time, you ll spend less money, and you ll end up with more real estate leads. The bottom line is that the old- fashioned methods of finding real estate leads shouldn t be completely abandoned, but if you want to stay competitive in the industry you need to begin using the Internet as part of your lead generation activities.

Read more...

The Costa Calida Offers A Wide Variety Of Golf Courses Situated Across Its Plains - Finance and Real Estate Articles:

The Costa Calida also known as the warm coast is located in the South East corner of Spain and is the coast line of the Murcia province.

A VA Loan May Be Possible - Lilian Rushin's Finance and Real Estate blog:

When I was in my early thirties I became interested in real estate again.

Europe- At US$ 2422, London S West End Once Again Led The Top 50 Most Expensive Office Markets

Category: Finance, Real Estate.

In a survey of office occupation costs in 176 cities worldwide, Singapore was ranked number 5 on the top 50 markets with the fastest growing rents as at May 2007, from a year ago. Over this period of time, rents in Singapore rose 56 per cent to the price of US$ 697 per sq. ft. per annum( S$ 60 per sq. ft. per month) . 90 per cent of the office markets monitored showed positive growth in the 12 months to the first quarter 200 Ten other Asian markets were among the top 50 markets with the fastest growing rents, including three in the top 10: New Delhi ranked number 2, with year- over- year rent growth of 79 per cent.

The cities were ranked by a 12- month percentage change increases in occupation cost in sq. ft. per annum. And Mumbai was number 6, having experienced 45 per cent rent growth over the last 12 months. Office occupation cost is a relatively small component of the overall cost of operating out of Singapore. The appreciation in office rents and pricing is a consequence of a fast expanding economy and is consistent with the increases that have been observed in other regional centres. Financial institutions and major MNCs appear more focused on issues such as access to skilled labour, quality infrastructure and the Singapore government s positive approach to business than excessive concerns over office rents. In North America, the fastest growing rents were recorded in Edmonton, which ranked number, Canada 4 overall, with 60 per cent rent growth.

This said, the tightness of availability of space is certainly a worry and is placing constraints on business expansion. Downtown New York ranked tenth, as rents increased 43 per cent. New Delhi s Connaught Place( CBD) , India, was the only newcomer to the top ten most expensive markets, with an occupation cost of US$ 111 Asia Pacific- Singapore moved up 13 places to take the 24th position. In the list of the 50 most expensive office markets, London s West End, the City of London and Tokyo s Inner and Outer Central Five Wards are the top four most expensive office markets in the world, respectively. It was number 37 six months ago in November 2006, and number 43 a year ago in May 200 Mumbai s Nariman Point rose two spots to fifth in the Top 10 most expensive markets, climbing to US$ 1341 over the last 12 months. Europe- At US$ 2422, London s West End once again led the Top 50 most expensive office markets.

Occupation costs in Tokyo s Inner Central Five Wards are US$ 1609, while Outer Central Five Wards costs are US$ 145In the Pacific Region, Sydney was the only market to make it into the top 50 most expensive, coming in at 44th. Occupation costs in that submarket are 46 per cent higher than the next most expensive submarket, the City of London( financial district) , where occupation costs rose to US$ 167 Also notable in the region was the Eastern European city of Sofia, where rents in local currency jumped 63 per cent in the last year, making the Bulgarian capital the third fastest growing rental market in the overall global rankings. Caracas rose to US$ 517 and jumped up to 41st from 67th, while Sao Paulo( 42nd) increased to US$ 45 Americas- Three North American cities are represented in the Top 50 most expensive office markets: Midtown Manhattan( rising two places to 21st) ; Calgary( 33rd) ; and Toronto( 37th) .

Read more...

The Market Has Started To Reflect This - Finance and Real Estate:

In April 47, 250 new and resale houses and condos were sold in the state of California. April of 2005 was one of the strongest months for real estate in California s history.

Instead, They Are Left To Real Estate Professionals - Finance and Real Estate Blog:

Higher mortgage interest rates and rising home prices put a damper on home purchases.

Here S How You Can Get Paid When You Buy A Piece Of Property - Finance and Real Estate Articles:

If you ve ever had insomnia and watched late night television you may have seen the infomercials telling you that you can buy real estate no money down. The answer is, "yes! ".

Secondly, You Must Check The Title Of The Property Before Finalizing A Deal

Category: Finance, Real Estate.

Investment in Real Estate is indeed very profitable and the sooner you get to buy a property the better it is for in terms of investment point of view. One must however realize that there are significant risks involved in a Real Estate transaction and all the details pertaining to the property as well as the agent need to be thoroughly verified.

Moreover, the price of Real Estate is quite favorable these days, which make Real Estate investment, be it residential or commercial, very tempting. First of all, in this market there are agents who are neither licensed nor bonded, and there could be many who do not know the market well and do not even care to check if the property they are trying to sell is problem- free. There have been many instances where the agent has fled with the down- payment cash he received from the buyer or the seller, whomever he is serving. A number of them are fakes. Property buyers or sellers are therefore advised to use an escrow or third party services of similar nature. These agencies hold your money in one of the US accounts until funds are disbursed based on your offer terms and conditions.

Stewart Title in Houston and Fidelity Title in New York offer escrow services. Secondly, you must check the title of the property before finalizing a deal. You may also hire an attorney to get you title clearance of a particular property. Nowadays a large number of properties have title problems. Also check whether the seller has a US title clearance and a Fideicomiso. However, even if the seller has a Fideicomiso, it doesn t guarantee clear title of the property. If he doesn t, there are possibilities that the land or property has title issues.

You need to therefore play safe and get title insurance. You may have applied for the insurance and paid a lump some to your agent for the same purpose, but it may happen that you never receive those insurance papers. But then, even this is risky. By dealing through the escrow agents, you can however avoid this problem. Third, the deal closure is both complicated and expensive. These escrow agents are recommended by the genuine Real Estate agents and enjoy attractive incentives to ensure that your cash is disbursed righteously and you deal hassle- free.

Foreigners buying properties near coastal regions or borders are required to obtain a permit for foreign investment and hold the land/ property title through a bank trust( the earlier discussed Fideicomiso) . This amount is very well mentioned in your trust documents, ask your agent, therefore to shop around to get the best possible deal. These trusts for doing the necessary services charge about$ 300- 500 annually. Moreover, there is a huge transfer tax. There is no point underreporting the transfer values because that would be considered illegal and huge fines can be imposed if caught. You may be expected to pay nearly$ 7, 000 as closing fees, which cannot be recovered while selling that property.

If you do this or allow the seller to do this, then you will be yourself accountable for the seller s capital gains. You need to therefore mention in your contract that the seller doesn t receive any money from your end until he has paid all his capital gains. It is simple, if the seller doesn t pay the stipulated capital gains, then you are liable to pay the same.

Read more...

Andorra Property - Finance and Real Estate Blog:

Apartments and chalet prices in Andorra, second only to Monaco in popularity among Europe s tax havens, have risen consistently over the last decade by an average of ten per cent a year, and in the last two years by over fifteen per cent. A lot of tourists, some of whom end up buying a property in Andorra, delayed their visit or went elsewhere. Andorra has unusually high demand for property as there are three streams of buyers: An active local market, international buyers looking for residency in a tax haven that offers residents a zero rated tax rate, and second home buyers looking for a ski property in the Pyrenees.

You May Also Get A List Of For- Sale- By- Owner( FSBO) Homes - Terrie Lines's Finance and Real Estate blog:

On average, people who live in the United States move to new homes about every seven years. Sometimes it could be long and, difficult process when the things do not go in the right way.

Can You Also Afford The Taxes And Insurance On The Property - Melody Silvis about Finance and Real Estate:

You ve no doubt heard all the buzz on TV and the radio about the national foreclosure rate growing at alarming rates. The good news is that as foreclosures continue to rise, so do the opportunities to invest in them.

Real Estate Investing Information Rule# 1

Category: Finance, Real Estate.

The Good, The Bad. and The Ugly of Real Estate Investing Information.

But there are a few simple rules you can follow to quickly sort out the good real estate investing information. With the abundance of real estate investing information it is getting harder and harder to separate the BS from useful information that you can use. Real Estate Investing Information Rule# 1. Most real estate investing information is very good at telling you what to do and giving you a false sense of understanding. What To Do Versus How To Do It. But the key is finding real estate information that tells you how to do something from start to finish. While this is a true statement you are really not much better off then when you started.

What to do example: You need to mail out of state owners to find real estate deals. How to do example. To obtain the list of out of state owners you can go online and find a list broker to purchase them but a better source may be your county tax office or a local data provider like Net Value Central. You will want to mail this letter to 500 out of state owners of single family residential homes with 1000 or more square feet. When mailing your letters use a number 10 envelope with a live first class stamp and hand written mailing and return address. So when you are looking for great real estate investing information keep your eye on programs or systems that focus on how to do things in detail.

Ideally you want your letters to be mailed on Monday so the letters arrive midweek and not on Friday or Saturday because statistically your letter has a higher likelihood of being read if it arrives midweek instead of on the weekend. If you are a beginning real estate investor I d suggest you start with this real estate investing system. Action Versus Analysis. Real Estate Investing Information Rule# 2. Is analysis important? But a lot of people put way too much emphasis on analysis because for whatever reason people love to overanalyze things. Absolutely.

When dealing with single family homes you should be able to quickly analyze the property and make a yes or no decision based on buying rule you have in place. As a real estate investor this means making offers. Once the property has been analyzed the key is taking action. I m aware of many systems that impress people with detailed analysis and are great on theory but do little to nothing when it comes to showing you how to take action. Look For Examples and Stories. Real Estate Investing Information Rule# 3.

There is nothing worse than going through dry real estate investing information unless you are looking for the cure to insomnia. It is much easier to learn and remember from examples and stories.

Read more...

The Island Of Kefalonia Forms A Key Ingredient Of The Grecian Tourism - Finance and Real Estate Articles:

The island of Kefalonia forms a key ingredient of the Grecian tourism.

If So, Then You Will Want To Carefully Consider All Of Your Options, And Find The Best Home Builder For Your New Home - Finance and Real Estate Articles:

If so, then you will want to carefully consider all of your options, and find the best home builder for your new home.

You May Have Heard Some Stories Of Individuals Who Have Made Money Through Real Estate Flipping - Imogene Wilde about Finance and Real Estate:

If you have spent any time online in recent years or if you read newspapers or watch television with any degree of regularity you likely have heard of flipping properties. With all of this said, you may have heard at least something about flipping, but you may not know what real estate flipping is all about.

What Are Those Condo Cash Back Incentives Florida

Category: Finance, Real Estate.

A rational investor is one who thinks on the long term, has a strategy and a goal: the maximization of his or her wealth on the long term.

When the revenues can cover the expenses, then the cash flows are positive and the investment is profitable. Before making an investment, such an investor takes into consideration the expected cash flows, the expected revenues, that is and expenses that the investment is likely to generate. The rational investor looks at the expected cash flows, but also at the specific business environment and opportunities of development. We want to present you with a fantastic business opportunity. We consider ourselves rational investors, as we do not look for fast and easy earnings, but for safe and constant revenues. When they think about investing, most people think about the stock exchange or mutual funds.

If you would like to be one of them, the solution is condo investment Florida. However, some people make high profits from real estate investments. There are many reasons why you should invest in Florida real estate: the state has a powerful economy and millions of tourists visit it every year. Overall, condo investment Florida is really a profitable business. The taxes are very low, which means that you can make important savings. Not to mention you can benefit from the condo cash back incentives Florida.

Well, there are many advantages in line for you: guaranteed rent, taxes and maintenance, mortgage paid for a number of years, cash back credits for property management, full property management. What are those condo cash back incentives Florida? The properties are situated in central locations, in areas that will develop in the near future. All the investments have the guarantee of generating positive cash flows. In order to purchase a property, you only need 5% to 10% of the money down. There are some reasons why a part of the investors fails.

That is why we advice you to hold the properties for at least 2- 3 years, in order to obtain long term revenues and take advantage of the condo cash back incentives Florida. The most common are greed and fear: they want to make a profit too quickly, or they are afraid to make a decision. If you want to be one of the successful investors and this condo investment Florida business sounds good to you, contact us and we will help you establish a long term investment strategy. We want you to be part of our team. Our investors alliance uses the purchase power of our syndicate to obtain significant discounts and other advantages. Once you have learned how to use the real estate market opportunities( such as the condo investment Florida) in your favor, you will make high profits and your wealth will grow.

We can provide you professional advice and useful information. Do not hesitate to take advantage of this offer and of the condo cash back incentives Florida. Do not forget: an informed investor is a successful investor.

Read more...

The Purchase Of A Vacation Home Is Not All About Money - Jo Soltys about Finance and Real Estate:

The purchase of a vacation home is not all about money.

Timeshare Properties Are Usually Found In Warm Destinations Like Florida, Where People Like To Vacation A Lot - Finance and Real Estate Articles:

A time share is a name given to a piece of property shared among number of owners.

Instead, They Are Left To Real Estate Professionals - Finance and Real Estate:

Higher mortgage interest rates and rising home prices put a damper on home purchases.

The Best Way To Relax Is To Invest In Real Estates After Retirement

Category: Finance, Real Estate.

Retirement is a stage where a person stops working.

Many people quit employment on their own too. This stage comes usually when a person reaches a certain pre- determined age, when physical aging does not permit the person to work any longer. It is usually in a period when you feel tired and need relaxation. You can settle down in one of your favorite destinations in the world. The best way to relax is to invest in real estates after retirement. Some of the factors that you need to consider are as follows: . Make sure it is in close proximity to hospitals, a post office, restaurants, shopping malls and a police station.

Location: location is one of the most important factors to consider, while planning to invest in real estate, post retirement. In order to find such a place, you may need to move about the area and search for local services that you will probably require in future. I f possible try to find a house near your relatives and friends. . The location of retirement houses should always benefit both, you and your family. Design: Interiors play a significant role in a house. Check the length and breadth of all the rooms. . Try to invest in real estate where you get all necessary amenities such as laundry.

Services: Always try to figure out your specific requirements. Advantages of investing in real estate after retirement: More often than not, people keep away from investing in real estate after retirement. Prepare a checklist of services you prefer to have near your house, such as home maintenance, nursing aids and other significant services. But, it offers a number of benefits such as follows: . Personal choice: It allows you to modify or decorate the house according to your preference. Ownership: Investing in real estate, post retirement offers a sense of ownership and belonging. . Conversely, if you rent a house, you will have to compromise on making alterations and decorations. .

You can invest that money in something that interests you. Avoid paying rent: It will save you from paying high rent to your landlord. Many people invest during their youth and by the time they grow old, they have paid all their installments. Capital gains: The value of money will continue to increase over the years. But you can also invest after your retirement and can live a luxurious life in your favorite city. . In the post war period, the value of housing has increased over the rate of inflation.

If you believe in planning long term, real estate investment is a favorable choice. . Investing in a real estate is considered to be a better alternative than considering the stock market. Secure loans: The value of a house can be used against a secure loan. Generally, the loans taken against a home have a better rate of interest, as they are less risky. In case you are short of money, owning a property is an advantage. Mostly, home owners take the opportunity to re- mortgage and withdraw equity from the value of their house. . It keeps interest rates low, thereby making a mortgage more attractive. .

Low interest rates: Though interest payments depend upon changes in the base rates, many economists believe that situation has become less volatile over the years. Rent a room: You can even rent a room, if you have spacious empty rooms and earn well.

Read more...

This Has Been Said To Lead To Britons Being Forced To Accept That They Are Probably Unable To Afford The Type Of Property They Would Like Or In The Area They Would Wish To Live In - Finance and Real Estate:

Prospective first- time buyers in London are struggling even more to get into the housing market, an industry expert has claimed. Consequently, Ms John reported that due to the increased amount of time it takes to put money away to meet property deposits and secured loan costs, combined with recent interest rate rises by the Bank of England, "houses are even less affordable for first- time buyers so they are being kicked out of the market altogether" .

Owning A Home Can Be Difficult At Times - Kelsey Overholt's Finance and Real Estate blog:

Like many financial decisions their are pros and cons of moving into the real estate market.

If Your Investor Tells You" We Buy Houses For Quick Cash" , That Is Nothing To Laugh At - Finance and Real Estate Articles:

Let s face it: investors have a reputation sometimes for being predatory in their selling methodologies and in the way they approach people. But what if the investor approaches you with this offer: "we treat you fairly when we buy houses" ?

Same Goes For Naming Your LLC

Category: Finance, Real Estate.

As a mortgage broker that works exclusively with real estate investors, I have encountered just about every crazy and botched financing scenario that you can imagine.

Don t make these mistakes! Over the course of the years, I have kept a list of the crazy things that investors do( it s quite long) and today I ll share the top 10 with you. Quitting the Day Job Too Soon. I see it happen all the time. Repeat after me: Equity does not pay the bills. An investor gets a few rentals and decides to quit the day job to pursue investing full time.

Don t quit the job until you have 12 months living expenses saved up and/ or monthly cash flow equal to what you were making at your day job. Big mistake. Being Broke and. Underestimating Holding Costs. GreedyMy mentor used to say, You can t be broke AND greedy. " In REI investor world it means that if you have no money to put into a deal you better be prepared to pay high rates or give up some equity to a partner. If you re a flipper, in most areas today, your properties are taking a lot longer to move.

Not Properly Setting Up Your Entity. Factor in ALL of your holding costs to the budget- loan payments, etc, utilities- so you don t lose all your profit. If you list your occupation as real estate investor on a mortgage loan application, you are in for a tough road ahead with the underwriter. Same goes for naming your LLC. You may as well say you are a drug dealer. Try not to reference anything having to do with flipping or foreclosure help or anything like that. Paying Cash for a Property.

Stick to an easy name to deal with like Acme, LLC. Paying cash for a property is fine as long as you don t need the money back anytime soon. Buying a Rental That Won t Cash Flow. If you do, then you re trying to get an unseasoned cash out refinance and if you re lucky enough to find a lender to do the loan, you will pay through the nose for it. WHY would you do that? This is the main reason why investors go broke.

Remember, equity does not pay the bills. Deeding The Property to an LLC Before It Is In Permanent Financing. When you go to refinance it, the lender will either require you to deed it out of your LLC before closing or they will deny the loan outright. Let s say you buy a property with private money and take title in your LLC. Risk mitigators are telling lenders that the loans that have the highest rate of default are usually in names of LLC s so many lenders won t touch them if they ve EVER been titled in your LLC. Using Hard Money That Doesn t Include Repairs. Just take title in your name, get your financing set and THEN put it into your LLC for asset protection, etc.

This is just dumb. Listing for Sale While In Short Term Financing. Just use a 100% conventional loan at half the rate and 1/ 4 the fees and have the seller pay closing costs since you re funding the repairs out of pocket anyway. I have guys come to me all the time to try to refinance their short term hard money loan because the flip has not sold. Why? Um. no.

Well, you have a vacant, rental property that, unseasoned has been listed on the MLS within the last 6 months. You should not own a property and have no money in the bank or available credit on a line of credit. Even if we can get a lender to do the refinance you will have a prepay penalty that will make you cry. 1Not Having Adequate Cash Reserves. Something will come up and then you will be forced to make a bad decision.

Three Days. Later Another Headline Said" House Prices Slip In February"

Category: Finance, Real Estate.

Ernst& Young faired no better.

The Centre of Economics and Business Research is an. independent business that, according to their website. carries out" thorough and insightful research" . They thought house prices. would rise 7% in 2004 before slowing to zero or even. declining in the following years. In 2003 they. claimed UK house prices would rise 15% in 2004 and 4% in. 2005 before falling 5% in 2006 and 3% in 200They. pointed out that the average home would be worth less in. 2007 than it was being sold for in 200In reality they. rose 14% , 3% , 9% and 7% . Capital Economics is a similar organisation but on their. website they state that they offer" original and insightful. research" and point out specifically their work in the. property sector. The average buyer, purchasing the. average house, 000 worse off, would be �20 today had they. followed the expert s advice. One of their scenarios was picked up by the.

The Halifax is one of Britain s largest mortgage lenders. with a 23% market share. Daily Mail newspaper in 2002 where they forecast a 12% rise. in 2003 before falls of 5% in 2004, 10% in 2005 and 7% in. 200Buyers following this advice would have been even. worse off than those who listened to the Centre of Economics. and Business Research. Buyers would hope they would be. more accurate as the future of house prices affects their. core business. By July they. had changed their prediction to 16% , fundamentally admitting. they were 100% wrong. But in January 2004 they predicted values. would rise 8% in the following twelve months. These are the experts but many of the names may be. unfamiliar to buyers because they have only come into. contact with them via newspapers and the media who lead with. headlines such as" House prices to fall by 30% " or" Bank. chief warns of property price crash" .

On 1st March 2005 the BBC. headline was" House Prices Show Slight Increase" . Even worse, and even more confusing, is that the same media. can seem to contradict itself. Three days. later another headline said" House Prices Slip in February" . So if those who spend so much time and effort in Great. By the end of the month they released an article titled. "House Prices Dip Worst in a Decade" but by 5th April the. headline was" House Prices Stage Rise in March" . Britain cannot get it right what can be said about those who. write about the Polish market? Rednet is one of the largest real estate brokers in Poland.

Well unfortunately they are. going down the same road as their British counterparts. In their market report for 2008 they made statements such as. "Katowice is reaching its maximum level" and" Lodz is above. the purchasing power of its inhabitants" while at the same. time admitting they could not explain why prices in Wilanow, an upmarket suburb of Warsaw with large numbers of new. apartments coming onto the market, had seen price rises of. 30% . With the two leading experts contradicting each other the. situation is every bit as confusing as in Britain. Conversely Ober- Haus, another chain of estate agents, believes that there are not enough residential units coming. onto the market in any of the major cities and that prices. will continue to rise. Some buyers try to carry out their own research but if big. companies with so much resource and computer power can t get. it right, what are the chances that you, will do any, with a spreadsheet better? If all that leaves you a little depressed about what to do. and where to look consider a comment from Michael Jones, Managing Director of The Right Move Abroad, "It is important. to look at the country as a whole, and not just the property. market. While it might be easy to deduce that some of these. "experts" are keener to chase sensational" bad news- good. news" headlines rather than give us the facts, the. underlying truth is that many analysts turn to average. salaries and changes in interest rates to guess how the. market will develop and both these tests have already been. shown to have little correlation with house prices.

What state is the local economy in? Find the answers to these questions. " The richer a country gets, the more house prices will rise. Is there room. for further growth? To this end Poland looks very promising: Residential mortgage loans make up less than 10% of the country s GDP compared to a 48% average in the EU. Pole s bring back between 21 and 55 billion Euros each year from working abroad, most of which they spend on goods, services and property. GDP per capita is still less than half that of its German neighbour but the gap is reducing rapidly. There are 2, 000 km of motorway to be build between 2007 and 2013 improving the infrastructure for further growth in freight and logistics.

Over 70 billion Euros is to be spent updating the country s infrastructure over the next five years which will attract increased commercial and industrial investment. Eight brand new international airports are either under construction or planned which will open up the country to even more tourists. Poland has the most acute housing shortage in all of Europe with 308 dwellings per thousand inhabitants( compared to 425 in the UK and 471 in Bulgaria) Poland is consistently in the top twenty countries for Global Foreign Direct Investment confidence. Poland is now the seventh most popular tourist destination in Europe, attracting more visitors every year than Greece. Polish exports doubled between 2000 and 2005 and are now rising even faster since it joined the EU. And so the list goes on.

Michael Ball of Reading University who said, "House. prices are like the weather, everyone has an opinion" and. In the end there are two quotes that have stood the test of. time. Phil Spencer of Garsingtons Property Finders in London who. said. "Statistics can only tell you so much about buying a. house" . Perhaps these are the real experts? =========================================================== For solid, reliable and unbiased advice on buying property. in Poland get Tim Hill s essential printed guide at= => http: //www. bookshaker. com/ product_ info. php? products_ id= 195. ===========================================================

Real Estate In Yuma Is In Great Shape Right Now

Category: Finance, Real Estate.

Arizona is a very popular state.

Just about everyone loves the sun and what better state to find it? There are towns of all sizes and types ready for you to fall in love with. One of the up and coming towns in Arizona is Yuma. Although the city is rapidly growing, it still maintains enough small town feel to appeal to those put off by huge cities with major pollution and traffic problems. It used to be known as a winter destination only, but nowadays many are discovering that it's a super place to live full time. If you crave time in a city, San Diego, Phoenix, Los Angeles, and Las Vegas are just a few hours away.

Real estate in Yuma is in great shape right now. For excellent shopping and cultural variety, Mexico is close by. Because people are discovering the benefits and joys of Yuma, there is a lot of building going on. For instance if you' ve done well and want an upscale home, you' re in luck. That means that no matter what your needs are, you' re sure to find it. There are beautiful estate style houses with swimming pools and roof patios, and some acreage to ensure your privacy.

Not to worry if you' re not in an upper income bracket. This will be perfect for you if you' re ready to retire or bring your business into the Yuma area. There are plenty of starter homes and overall housing prices are lower than many areas of the country. In either case you' ll find the perfect home in Yuma. You may be thinking of starting a family or you may already have children. There are a number of excellent schools for kids of all ages, as well as tons of outdoor activities for the whole family. Many of them have already been updated and some are pure fixer uppers.

If you are more interested in an older home in Yuma, there are a variety of vintage houses to pick from. Perfect places to get your creative juices flowing. If your real estate desires run to condos, or investment property, mobile homes, you' ll find them in Yuma too. There are a number of neighborhoods for you to enjoy and many offer river and mountain views. There are dozens of various opportunities just waiting for you to check out in this marvelous desert oasis. Mixed in with the housing real estate market are retail and other business opportunities.

If you aren' t familiar with the latest goings on in Yuma, AZ you may be surprised. In order to keep up with the influx of people, the city planners are creating a beautiful setting for inhabitants to work and play. After all, an up and coming city needs a place for people to gather for entertainment, dining, shopping, and visiting. The Yuma Palms Regional Center is just one part of the new downtown and mall beautification and modernization going on. Yuma real estate is hot and now that Wausau Mortgage Company is in town, your mortgage choices are as varied as your needs.

Are You In The Market To Buy A New Home

Category: Finance, Real Estate.

Are you in the market to buy a new home? Technology has revolutionized the real estate market for the modern home buyer.

Well, even if you' ve decided to entertain the notion at 3: 30 am on a Tuesday in San Diego, you can start to do your research online and view homes around the corner or around the world. So, you want to start looking for a new home. Simply open up a search engine and look for listing from your favorite realtor. Look no further than your computer! You can often search by price and city. Think of the hassles you avoid with this process!

When you see a home you like, you can often take a virtual online tour, which consists of a series of photos of both the interior and exterior of the home. Before the advent of such technology, you would have to physically get in your car and drive from house to house, perhaps using the newspaper or a home buyer's guide to find addresses of interest. Talk about a time- consuming hassle! Then, you' d have to hope for an open house or call a realtor to set up an appointment to view the house's interior. Today, you can see the property, its list price and many other details with a simple click of a finger. Research the history of the realtor you intend to work with.

You can learn many other valuable facts, as well. Are they reputable? What are their affiliations and areas of expertise? What do their past clients have to say about them? There are many realtors to choose from, and it's in your best interest to find the one that matches best with your needs. Pick a realtor instead! Perhaps you don' t want to sift through endless amounts of homes online.

Learn about them online, and then contact them about finding the perfect house to fit your needs. Another great benefit of shopping for a home online is the availability of resources to research. Once you have learned about their reputation and experience online, send them out to hand select listings for you to view in person based on the features you desire. Learn about the school systems, property taxes and crime statistics in the neighborhoods you' re considering. You can even use Google Earth to try and figure out what kind of car your prospective neighbor drives! Find out what restaurants, grocery stores and movie theaters are in the area.

It's wise to educate yourself on the different types of mortgages available. Read about closing process before you sit down to sign papers. Learn how to boost your credit score to qualify for the best rates available. Decide ahead of time whether or not you want to go with points or take a lower rate. Technology has truly revolutionized the home buying process, so put it to work for you! Best of all, you will feel more comfortable with the whole process by reading about what will happen ahead of time.

Shopping In Downtown Austin Is Always Interesting

Category: Finance, Real Estate.

Many residents of Austin would agree that downtown is the best place to live.

That's the number of people who call downtown Austin home. At least, 5, 900 people would. The unique neighborhood boasts a variety of living options from single family homes to spacious lofts, to more typical rental apartments. Downtown Austin attracts residents for many reasons. There is something for every lifestyle. The size of the community is small enough not to overwhelm, yet large enough to provide a true city atmosphere. Getting around the downtown area is easy if you understand the street system.

The welcoming, if slightly eclectic feel of the neighborhood invites everyone to explore. The East- West streets run numerically from 19th( Martin Luther King Jr. City planners named the North- South streets after the names of Texas rivers from West to East, starting with Rio Grande and ending in Sabine. Boulevard) on the northern edge to 1st( Cesar Chavez Street) at the Southern edge. Know Texas geography and you cannot possibly get lost. All have the right of way over vehicles to encourage the active lifestyle of residents and visitors.

The cleverly named streets of downtown Austin are alive with pedestrians, dog walkers and, runners bikers. For downtown residents, walking is always an option for getting from place to place. Town Lake, on the Southern boundary of downtown Austin offers the community members a great recreation area. For tourists, the charming street car' dillos can be a fun way to explore the area and a good way to avoid parking costs. Rowers paddle through the calm waters of the lake and hikers and runners flock to the many trails. For entertainment and nightlife, no other area of the city can compete.

The area is also great for simply relaxing to enjoy the weather and scenery. For music, and restaurants, bars, the Sixth Street, and Red River, Warehouse District areas provide everything. The residential areas of the downtown community are far enough from the entertainment scene to entice without disrupting daily life. Austin's famed live music scene centers on the downtown area, including the South by Southwest and Austin City Limits festivals. Shopping in downtown Austin is always interesting. However, many small and unique boutiques abound, inviting exploration. The city takes pride in having no chain stores or large department stores.

Whether your interests are music, dining, shopping, or recreation, downtown Austin has something to offer you.